Diplomatic tensions in the Middle East have resulted in Saudi Arabia, the United Arab Emirates (UAE), Bahrain and Egypt cutting off transportation links and severing diplomatic ties with Qatar. Qatalum is a joint venture between Hydro and Qatar Petroleum located in Mesaieed, Qatar, where it produces more than 600,000 tonnes per year of value-added primary […]
The Aluminum Association released the latest edition of the Aluminum Statistical Review for 2015. The latest review features a new design, statistics through 2015 in the North American market, and information on every cycle of the aluminum production process from primary aluminum to markets for finished goods to the recovery of aluminum scrap. The 2015 review […]
Alcoa Inc. completed its separation into two standalone companies — Arconic Inc. and Alcoa Corporation (learn more about Arconic). Following its separation from Alcoa Inc. (now known as Arconic), Alcoa Corporation has begun operating as an independent, publicly-traded company producing bauxite, alumina, and aluminum products. “We are launching Alcoa Corporation as a world leader in […]
During Aluminum Week 2016, hosted by the China Nonferrous Metals Industry Association (CNIA) in Nanning City, Guangxi, China on October 26, Heidi Brock, president and CEO of the Aluminum Association, addressed delegates with a call for action on global aluminum overcapacity. In her opening session remarks, Brock states, Aluminum is experiencing a once-in-a-generation expansion in realized […]
UC Rusal launched the first RA-550 pot, which is running at over 550 kA, at the Sayanogorsk aluminum smelter (SAZ) as part of a US$28 million project. “RA-550 is a reduction cell with a breakthrough design for future smelters and upgrade projects at Rusal’s existing smelting capacities,” said Victor Mann, Rusal’s technical director. “Alongside the technical and […]
Noranda Aluminum Holding Corporation obtained U.S. Bankruptcy Court approval for the sale of the its aluminum smelter and facilities in New Madrid, Missouri, to ARG International AG for a purchase price of $13.7 million. The Court approval follows an auction that took place on September 28, 2016. The company expects to close the transaction in […]
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By Goran Djukanovic, Aluminum Market Analyst & Consultant. Uncertainty hangs over the primary aluminum industry in U.S., or what has been left of it. Plummeting aluminum prices and high electricity costs resulted in closure or curtailment of some three-fourths of primary aluminum production in the last five years, leaving less than 1 million tonnes of […]
By Alton Tabereaux, Contributing Editor. A conspicuous transformation occurred in the world’s primary aluminum industry during the past five years with the construction of “Mega” aluminum smelters (>1 million tpy) in China, which have boosted aluminum production to levels not previously experienced by companies. Nine aluminum companies had an annual production greater than 2 million […]
Noranda Aluminum Holding Corporation entered into an asset purchase agreement for its flat rolled products business with Gränges AB, a supplier of rolled products for brazed aluminium heat exchangers in Sweden. Under the agreement, a subsidiary of Gränges will serve as the “stalking horse” bidder for Noranda’s flat rolled products business in a court-supervised sale process […]
