ARG International AG

Former Noranda Smelter in Missouri to Restart Two Potlines This Year

Former Noranda Smelter in Missouri to Restart Two Potlines This Year

Spurred on by hopes that U.S. President Donald Trump’s 10-percent aluminium tariffs will usher in a better landscape for the production and sale of primary aluminium, the shuttered smelter formerly owned by Noranda Aluminum in the bootheel region of Missouri announced on...

Swiss Firm Awarded Noranda’s New Madrid Smelter

Swiss firm ARG International was awarded title to Noranda’s plant in New Madrid, Missouri when a federal bankruptcy court accepted their bid of US$13.7 million on Friday, beating out a competing bid of US$13 million from “stalking horse” bidder MFR II LLC. Although Noranda officials did not comment beyond confirming the winning bidder, representatives of […]

Judge to Pick from Two Offers for Noranda’s Upstream Business Today

Tennessee’s Noranda Aluminum received two competing offers for its upstream business this week as it auctions off an idled smelter in Missouri, an operating alumina refinery in Louisiana, and a bauxite mining operation in Jamaica. According to bankruptcy court records, Swiss firm ARG International AG, which was formed by a former top Glencore plc aluminium […]

CME Group to Offer Two New Alumina Futures Contracts Next Month

American derivatives marketplace CME Group (Chicago Mercantile Exchange & Chicago Board of Trade) announced two new futures contracts on Monday. Both will be contracts for aluminium oxide, or alumina. According to the relevant press release, CME Group will be offering Alumina FOB Australia (S&P Global Platts) futures and Alumina FOB Australia (Metal Bulletin) futures for […]