The government of Canada has made a C$10-million investment in an C$85-million project that will support 520 jobs at aluminium giant Alcoa’s Deschambault-Grondines plant, in Quebec.
The investment would help Deschambault-Grondines to innovate by acqui…
Canada invests in Alcoa aluminium plant upgrades Read More »
Ahead of India’s national Budget to be presented before Parliament next month, aluminium producers are seeking a slew of protection measures.
Aluminium Association of India is seeking an increase in import duty on finished aluminium from 10% to 12.5%…
Indian aluminium producers seek protection measures Read More »
Norsk Hydro needs to extend its cost cutting after a production halt in Brazil erased the benefits of previous cuts, according to its new CEO.
“We’ve been heavily affected by the Brazil situation,” Hilde Merete Aasheim, who started as CEO on Wednesday…
Norsk Hydro’s new CEO takes the helm pledging deeper cost cuts Read More »
Rio Tinto has begun shipping more aluminium to markets like Europe to offset slowing demand from the US partly caused by the trade dispute between China and the US, CEO Jean-Sébastien Jacques said on Thursday.
Jacques said that demand for Rio Tinto’s …
Rio Tinto shipping more aluminium to Europe as US demand slows Read More »
Faulty materials supplied by a unit of Norsk Hydro ASA, one of the world’s top aluminum producers, led to more than $700 million of losses in two failed NASA satellite launch missions, according to an investigation by the space agency.
NASA’s Orbiting…
NASA says aluminum fraud caused $700m satellite failures Read More »
Russian aluminium producer United Company Rusal has reduced its first-quarter sales of value added products (VAP) by 44% from a year ago and by 22% from the last quarter of 2018 because of sanctions by the US. Washington imposed the sanctions on Rusal,…
Russia’s Rusal first-quarter value-added product sales down 44% on US sanctions Read More »
Indian State-run integrated aluminium producer National Aluminium Company Limited (Nalco) has appealed to the Supreme Court seeking to prevent rival Vedanta Limited from participating in tenders for the sale of surplus alumina. Nalco has maintained tha…
Nalco spat over surplus alumina sale to Vedanta reaches apex court Read More »
Just months after being freed from US sanctions, Russia’s largest aluminum maker plans to invest in a new aluminum rolling mill in Kentucky.
United Co. Rusal, controlled by billionaire Oleg Deripaska until the US Treasury forced him to reduce his stak…
With sanctions lifted, Rusal to invest in US aluminum mill Read More »
Treasury Secretary Steven Mnuchin said that Russian billionaire Oleg Deripaska and his family together own less than a majority of shares in United Co. Rusal, the world’s second-largest aluminum producer, after a settlement to get the company out from …
Mnuchin says Deripaska and family are minority Rusal owners Read More »
A Brazilian federal court has scheduled an April 12 hearing on the year-long production embargo at Norsk Hydro’s Alunorte alumina refinery in Brazil, the Norwegian company said on Friday.
The plant has operated at half of its capacity since February 2…
Norsk Hydro has April 12 court hearing on partly shut Brazil plant Read More »
