Lochaber Smelter

Gupta Assures Market That Closures Of Aluminium And Steel Plants Will Not Happen On His Watch

Gupta Assures Market That Closures Of Aluminium And Steel Plants Will Not Happen On His Watch

Despite ever more ominous news coming from one of its biggest financial partners, GFG Alliance head man Sanjeev Gupta promised this week that plant closures would not occur “under [his] watch.” According to financial industry reporting on Thursday, the administrator handling Greensill...

Events

Rio Tinto Weighing Sale of French Aluminium Smelter

The resurgence of aluminium’s prices has prompted Anglo-Australian metals behemoth Rio Tinto Group to consider the sale of its 20-thousand-metric-ton-per-annum smelter in Dunkerque, France. According to a story that ran in The Australian this morning, Jean-Sebastien Jacques has been considering the sale of non-hydroelectric-powered aluminium assets, most of which the company acquired in its purchase […]

Sanjeev Gupta to Invest US$150 MM in Lochaber Smelter

Scotland’s historic Lochaber smelter is soon to be the recipient of a much-needed infusion of cash from Liberty House’s boss Sanjeev Gupta. The metals tycoon has pledged a US$150 million investment to the smelter, which, in addition to converting the plant to production of aluminium wheels, is expected to safeguard the plant for the foreseeable […]

Lochaber Plant to Produce Aluminium Auto Parts

According to local media, the new owners of western Scotland’s Lochaber smelter intend to use it to produce aluminium automotive parts. Aberdeen newspaper The Press and Journal reported yesterday that Liberty House Group intends to convert the Alcan plant into producing aluminium alloys and hubcaps for sale to the automotive industry. Liberty House will complete […]

Rio Tinto Sells Lochaber Plant to SIMEC Group for US$410 MM

Anglo-Australian mining giant Rio Tinto announced yesterday that it had come to an agreement for the sale of its Lochaber plant to SIMEC Group and Liberty House for US$410 million. According to press releases issued by the companies involved, SIMEC’s sister company Liberty House will be the operator of the smelter. The sale includes hydroelectric […]