Rio Tinto on Verge of Selling Pacific Aluminium to GFG Alliance
Anglo-Australian mining giant Rio Tinto Group is reportedly in talks with Sanjeev Gupta’s Gupta Family Group (GFG) Alliance for the...
Sanjeev Gupta
Liberty House Mulling Offer for Rio’s Dunkirk Aluminium Smelter
According to multiple sources claiming direct knowledge of the matter, London-based industrial and commodities firm Liberty House Group is weighing the possibility of tendering an offer for Rio Tinto Group’s smelter in northern France. A trio of sources told Reuters earlier this...
Liberty House Buys Aluminium Auto Parts Maker Amtek UK
London’s industrial and metals company Liberty House Group announced the recent acquisition of aluminium automotive parts makers Amtek Aluminium Castings...
Aluminium Wrap – CRU’s 22nd World Aluminium Conference
CRU Group held its 22nd World Aluminium Conference in London between May 3-5. The event has long been among the...
Events
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 […]
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 […]
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 ...
