By Alton Tabereaux, Contributing Editor. The European primary aluminum industry has been deeply impacted by surging energy prices. This is due to a combination of factors, including increasing demand, skyrocketing natural gas prices, and insufficient quantities of affordable renewable (wind, solar, hydro) or nuclear energy. The invasion of Ukraine also significantly impacted supply chains, in […]
ALVANCE Aluminium, a member of GFG Alliance, plans to invest £94 million (US$124.4 million) in its Fort William smelter in Scotland. The project will expand the plant’s capabilities to include a new recycling and casting facility for the production of GREENALUMINIUM billet. “Recycling aluminum saves 95% of the energy needed to produce primary aluminum and is a […]
ALVANCE Aluminium Group, part of GFG Alliance, completed its purchase of the Duffel aluminum rolling mill and recycling operations near Antwerp in Belgium. The company acquired the site from Novelis for €310 million. The mill will be renamed ALVANCE Aluminium Duffel. “I would like to welcome the Duffel team to the family of GFG Alliance […]
GFG Alliance is creating a new global aluminum enterprise, which will consolidate the aluminum operations acquired in recent years into a single entity. The new vertically-integrated aluminum group, known as ALVANCE Aluminium Group, aims to drive synergies and take full advantage of opportunities to expand. “The creation of ALVANCE highlights the global nature of our […]
