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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 […]
Aluminium Bahrain (Alba) selected Bechtel as the engineering, procurement and construction management (EPCM) contractor for its Line 6 Expansion Project. Under the terms of the contract, Bechtel will be responsible to design and construct the sixth potline as well as support industrial services. Bechtel has worked with Alba for more than 25 years, including previous work as […]
By Alton Tabereaux, Contributing Editor. The largest gain in primary aluminum production during 2015 was in China at 31.1%, followed by India (21.1%) and Saudi Arabia (11.3%). This was due to startup of new low cost smelters and/or the restart of potlines. China accounted for a staggering 54.9% of the total world aluminum production in […]
July 1 – Results of Warehouse Discussion Paper and Next steps for consultation on warehouse operation, London Metal Exchange July 1 – “Glut of Chinese Goods Pinches Global Economy,” The Wall Street Journal July 7 – “Aluminum Bear Market Piles Pressure on World’s Biggest Smelters,” Bloomberg Business China, which accounts for half of the world’s […]
June 8 – “London Metal Exchange to Launch New Range of Aluminum Contracts: Only warehouses without any queues will be eligible to issue premium contracts,” The Wall Street Journal “The London Metal Exchange on Monday said it is launching a new range of aluminum contracts to allow users to protect themselves against rising regional charges […]
The 19th Arab International Aluminium Conference and Exhibition (Arabal) will be hosted by Ma’aden at the Dhahran International Exhibitions Center in Dammam, Saudi Arabia, from November 15-17, 2015. Over the past 29 years, Arabal has become an event of international repute, bringing together leaders from the aluminum industry from across the world to network and […]
The February 2015 issue of Light Metal Age is now available! The digital edition has been released to subscribers and the print edition will be shipped next week. The cover features a pot tending machine using the crust breaker during an anode change at Qatalum. Feature Articles include: Primary Aluminum Industry in the Year 2014 […]
