March 20, 2012 World’s largest aluminum producer takes $1.4 billion writedown HONG KONG/MOSCOW – RUSAL, the world’s top aluminium maker, took a $1.4 US billion hit in its 2011 financials on Monday on […]
March 18, 2012 RUSAL threatens to sue in chairman row RUSAL, the world's No.1 aluminium producer, said comments by former chairman Viktor Vekselberg had damaged its reputation and shareholder value, and threatened unspecified legal action.
March 13, 2012 ABB wins $100 million power orders to boost production at Rio Tinto mines in Australia ABB, the leading power and automation technology group, has won orders worth around $100 million from Rio Tinto for 17 distribution substations to support increased production at iron ore mines…
March 6, 2012 Rio Tinto to close its UK Lynemouth smelter Rio Tinto Alcan, the aluminum division of Rio Tinto PLC (RIO) announced today it will close its Lynemouth aluminum smelter in Northumberland, England at the end of March, as part…
February 25, 2012 Vedanta consolidation to create world’s 7th largest natural resources company London-based Vedanta Group (LON:VED) announced Saturday a merger of two of its subsidiaries, Sesa Goa and Sterlite Industries, into a new corporate entity to be named Sesa Sterlite.
February 15, 2012 International unionists to march in support of Rio Tinto locked-out Canadian workers Unionists from around the world will gather in the Canadian city of Alma, Quebec, from March 30 to April 1, to express their support for locked-out Rio Tinto Alcan workers…
February 10, 2012 Aluminium losing battle against oversupply Excess capacity in aluminium smelting will drag on for years to come, even while losses weigh on producers, as political pressures in China and Russia to keep jobs and push…
February 10, 2012 Rio boss waives bonus after huge write-down of aluminium assets – UPDATE Mining (Euronext: SMI.NX - news) giant Rio Tinto (Berlin: CRA1.BE - news) has hiked its full-year dividend by 34% after reporting record underlying earnings in 2011, but net earnings were…
February 9, 2012 BHP may sell $10 billion of smelters, mines, Deutsche Bank says BHP Billiton Ltd., the largest mining company, may consider selling about $10 billion of aluminum, nickel and coal mines and smelters as it trims its portfolio, Deutsche Bank AG said.
February 8, 2012 Newton County aluminum plant to close; 146 to lose jobs At least 146 employees of a Newton County aluminum extrusion plant will lose their jobs this summer when the facility is closed.
Iamgold’s Lemelin thanks mentor for Africa option Bruno Lemelin recalls his first Iamgold boss urging him to join Essakane in Burkina Faso as regional politics began to unravel. December 26, 2025 | 05:00 am
