May 10, 2012 BHP merging embattled aluminum and nickel divisions BHP Billiton (NYSE:BHP) added to market rumors that its nickel business is not relevant for the miner anymore by announcing yesterday it had merged the stainless steel materials unit with…
May 1, 2012 Rio Tinto hopes to finalise alumina plant sale by September The transnational miner said Tuesday it hopes to complete the sale of four alumina plants in France and Germany by the end of September
April 22, 2012 Rusal’s $43 billion seven-year Glencore deal feeds investor feud United Co. Rusal (486), the world’s biggest aluminum supplier, is locked in to selling $43 billion of the metal to Glencore International Plc […]
April 19, 2012 Brazil’s aluminum output went up 3.7% in March Brazil's aluminum output in March went up 3.7% to 125,000 tonnes, according to the national aluminum association, Abal.
April 17, 2012 Alufer Mining: Bauxite mine developer plans US$150-200 mln AIM IPO Alufer Mining is laying the groundwork for a listing on the AIM market that will value the Guinea-focused bauxite specialist at between US$150 and US$200 million.
April 10, 2012 Alcoa BEATS earnings estimates, stock surges after hours Alcoa reported first quarter results that topped expectations on both the top and bottom lines as revenue surged to a record high, […]
April 10, 2012 The whole world is anxiously waiting for one detail from Alcoa’s earnings announcement If you were thinking "supply," then you were wrong. Sure, Alcoa's investors will want to know when the global glut of aluminum will line up with demand.
April 8, 2012 Russian billionaires clash over $47 billion aluminum supply deal Sual Partners Group, owned by Russian billionaire Viktor Vekselberg, is suing Rusal, the world's top aluminum producer and commodities giant Glencore over an aluminum supply deal worth some $47 billion.
April 5, 2012 Alcoa to curtail refining capacity Alcoa (NYSE: AA) announced today that the Company will reduce its annual alumina production capacity by approximately 390,000 metric tons to align production with smelter curtailments Alcoa announced earlier this…
April 5, 2012 Oversupply forces Alcoa to cut 390,000 tonnes of annual alumina production Due to an oversupply in the Atlantic region, the world's third-largest producer of aluminum, Alcoa, announced that it was cutting 390,000 tonnes of production of alumina.
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