Noranda Alumina to Fuel Century Aluminum’s Kentucky Smelters
Century Aluminum and Noranda Alumina have come to an agreement over the sale of Jamaican bauxite. The deal was announced...
ARG International AG
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...
New Day Aluminum Acquires Noranda’s Upstream Assets for US$24.43 MM
Noranda Aluminum’s remaining upstream assets are now the property of New Day Aluminum after having submitted the winning bid at...
Noranda Inks Agreement with Remaining Creditors, Nominates Stalking-Horse Bidder for Remaining Upstream Assets
Franklin, Tennessee’s Noranda Aluminum Holding Corporation announced on Friday that it has negotiated a global settlement agreement with several of...
Events
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 […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
