Kaiser Aluminum

Kaiser Aluminum Joins Aluminium Stewardship Initiative As Industrial User

Kaiser Aluminum Joins Aluminium Stewardship Initiative As Industrial User

Last week the Aluminium Stewardship Initiative welcomed California semi-fabricated specialty aluminium producer Kaiser Aluminum to the fold as its 166th Industrial User member. Kaiser says that sustainability is a major ingredient for long-term excellence, and it strives to achieve success in a...

Events

Alcoa Sells Warrick Aluminium Rolling Mill To Kaiser For US$670 Million

Pittsburgh’s aluminium pioneer Alcoa Corp announced this week that it has agreed to sell its rolling mill business to California’s Kaiser Aluminum for about US$670 million. Alcoa said it will sell the rolling mill business held by Alcoa Warrick LLC to Kaiser for a cash payment of US$587 million and an agreement to take over […]

Jack Hockema To Step Down As Kaiser Aluminum CEO

California semi-fabricated aluminium producer Kaiser Aluminum Corporation announced on Monday the coming transition in its executive leadership, as CEO Jack A. Hockema will transition out of the role at the end of next month. The firm said Harvey will be succeeded by Keith A. Harvey, stepping up from his role as President and Chief Operating […]

Power Restored To Ghana’s VALCo Smelter After Brief Debt Row

Power is back on at Volta Aluminum Company Limited’s (VALCo) plant in Ghana today after provider Ghana Grid Company Limited (GRIDCo) cut the supply on Monday over VALCo’s outstanding unpaid debt to the firm. The Head of Communications and Public Affairs for Ghana’s Energy Ministry Nana Oppong Damoah confirmed the new state of affairs to […]

Kaiser Aluminum Inks New Five-Year, US$375-Million Credit Facility

California semi-fabricated aluminium producer Kaiser Aluminum Corporation announced on Wednesday that it has entered into a five-year, US$375-million senior secured revolving credit facility. Per the firm, the new credit facility was negotiated in order to replace an earlier credit facility that was scheduled for maturity at the end of next year. The new facility, which […]

Kaiser Aluminum Sets Record For Value-Added Income In Q3

California semi-fabricated aluminium producer Kaiser Aluminum Corporation released results for the third quarter and first nine months of 2019 yesterday. Despite labor difficulties and destocking, the firm posted record financial results in both periods. In the just-ended quarter Kaiser shipped 154 million pounds of product, down by 5 million pounds on the year. Net sales […]