“Seamless” Transfer of Ownership of Jamaican Bauxite Operations to New Day: Jamaican Minister of Finance
Jamaica’s Minister of Finance and the Public Service Audley Shaw told an audience on Sunday that the transfer of ownership...
Gramercy
Noranda Alumina Completes US$20 Million Expansion To Gramercy Plant
Noranda Alumina advised investors late last week that it commissioned the third and final phase of a project launched in 2017 to expand chemical-grade alumina (CGA) at its plant in Gramercy, Louisiana. Per a press release issued to industry media, Noranda revealed...
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
Noranda Delays Layoffs at Gramercy Plant Until May
The alumina plant in Gramercy, Louisiana has been granted a reprieve. Noranda announced on Tuesday that the layoffs planned at the plant would happen no sooner than May, 2016. This reprieve has temporarily kept the plant’s 113 employees at work. The firm, which filed for Chapter 11 bankruptcy protection in February, cites an ongoing tax […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
