In the wake of Israel and the U.S. launching coordinated joint attacks on Iran, CRU Group released a webinar exploring how conflict in the Middle East will affect the metals industries. Hosted by Alex Tuckett, head of Economics, with Alex Christopher, senior analyst – Aluminium, presenting the aluminum perspective, delved into both the short term and […]
By Alton Tabereaux, Contributing Editor. The Venezuelan aluminum industry was once a regional leader with advanced technology and skilled labor. However, it has seen steep declines over the past decade, with production at its two aluminum smelters being largely curtailed thanks to dramatic power shortages. As a whole, the country has faced a national power […]
Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminum smelters, entered into an exclusive agreement with AIP VII Europe S.a.r.l., a wholly-owned subsidiary of AIP Fund VII, managed by American Industrial Partners (AIP), under which Alba will acquire 100% of Aluminium Dunkerque, the European Union’s largest primary aluminum smelter. “Building on Alba’s position as […]
Century Aluminum and Emirates Global Aluminium (EGA), the companies behind the planned primary aluminum production plant in Inola, Oklahoma, signed an agreement with U.S. Aluminum Company, a new venture, to explore the development of an aluminum manufacturing plant near the new smelter. “The development of America’s largest and most advanced primary aluminum production plant right […]
Hindalco Industries Ltd., the metals flagship of the Aditya Birla Group, is conducting a major expansion of its aluminum operations in Odisha, India. This includes plans to invest ₹21,000 crore (US$2.32 billion) in a major expansion project at its Aditya Aluminium complex in Sambalpur, which will provide a 360,000 tonne increase in smelting capacity. In addition, […]
Century Aluminum and Emirates Global Aluminium (EGA) selected American firm Bechtel to conduct preparatory engineering for their planned primary aluminum production plant in Inola, Oklahoma. “Building the first American primary aluminum production plant in decades is a transformative project for America’s industrial revival, the strong economic future of Inola and Oklahoma, and for our company,” […]
Rio Tinto and Aluminum Corporation of China Limited (Chalco) entered into a definitive agreement to jointly acquire Votorantim’s 68.596% controlling share of Companhia Brasileira de Alumínio (CBA). Under the agreement, Rio Tinto will own 33% of shares and Chalco will own 67%. “This acquisition, jointly with Chalco, of Votorantim’s controlling position in CBA’s fully integrated […]
Century Aluminum Company and Emirates Global Aluminium (EGA) entered into a joint development agreement to build the first new primary aluminum production plant in the U.S. since 1980 — revitalizing U.S. aluminum expertise and know-how. Previously, the two companies had each separately announced plans to build smelters in the U.S., including EGA’s planned greenfield smelter […]
