ALCOA INC. Mining News

Ma'aden-Alcoa JV lands $1bn loan for mine, refinery

Saudi Arabian Mining Company, also known as Ma’aden, and Alcoa, the aluminium giant, have secured the funds for Ma’aden Bauxite and Alumina Company, which is 74.9% and 25.1% owned by the two companies, respectively. The company will oversee the construction of a bauxite mine and an alumina refinery, which will cost $3.6 billion, part of the $10 billion Ma’aden-Alcoa joint venture project that will also see the construction of an aluminium smelter and rolling mill at Ras Az Zawr.

New Conveyor Idler Aligner Delivers Improved Safety, Precise Adjustment

A new conveyor idler aligner featuring a safe and effective method to manually fine tune OEM-style self-adjusting idlers has been introduced by Martin Engineering. Read more

Fluor wins contract for huge Saudi Arabian joint venture aluminum plant

Fluor has won a series of contracts from the joint venture comprising Saudi Arabian Mining Co., also known as Ma’aden, and Alcoa, to provide program management consultancy (PMC) and EPCM services for a number of […]

Alcoa cuts stake in Maaden-run $10.8bn aluminium project

The Saudi mining company called the cut in Alcoa's stake from 40% to 25.1% of the complex in Saudi Arabia a re-jigging of the joint venture project

Alcoa to proceed with $110 million investment in Cleveland Works

Alcoa said it has lined up the financing for the complete repair and refurbishment of its 50,000-ton forging press at the company's Cleveland Works.

Governor Perdue Aims To Block NC Water For Alcoa Dams

North Carolina Gov. Beverly Perdue is taking a second run at blocking a new federal license needed by a company to generate and sell electricity from dams along the Yadkin River for another 50 years.

NC Senate signals desire to control Alcoa dams

The North Carolina Senate has raised the stakes in a contest against Alcoa Inc. over control of nearly 40 miles of the Yadkin River and four electricity-generating dams the aluminum producer has operated for more than 50 years.

Long fight likely over fate of Yadkin River control

North Carolina and Alcoa Inc. are promising a long fight over control of nearly 40 miles of the Yadkin River where the largest U.S. aluminum producer has operated four electricity-generating dams for more than half a century.

Alcoa Inc. signs agreement with Vietnam

If the transaction proceeds, the Joint Stock Company that owns the Nhan Co bauxite mine and alumina refinery will be Vinacomin 51 percent, AWAC 40 percent and other investors 9 percent.

Alcoa looking into deal with Vietnam refinery

Aluminum producer Alcoa Inc. announced Tuesday that it will look into buying a stake in a refinery project with a state-owned minerals development company in Vietnam.

Alcoa to Temporarily Idle Half of Rockdale, TX Smelter Due to Local Power Supply Issues

Alcoa today announced it will temporarily idle half the production at its Rockdale, Texas aluminum smelter effective today as a result of ongoing supply issues with Luminant's onsite power generating unit, …more at topix

Apache Cuts Gas Supply to Newcrest, Alcoa After Blast at Australian Plant

Alcoa Inc. , Newcrest Mining Ltd. and Minara Resources Ltd. lost natural gas supplies in Western Australia because of a pipeline fire offshore, threatening to curtail metals production at a time of rising …more at […]

Greenland Parliament Agrees to Phase 2 of Joint Studies on Potential Smelter and Hydropower Project

Alcoa today welcomed the decision taken by the Greenland parliament to advance into a second phase of joint studies with Alcoa into the feasibility of establishing a world class sustainable aluminum industry in …more at […]