April 1, 2012

Aluminum demand continues to lead base metals pack in 2012 13

Aluminum should continue to outpace other base metals in 2012-13, despite softer demand for the past two quarters, said BNP Paribas, a Paris based global banking group.

March 26, 2012

Deripaska ready to buy RUSAL’s stake in Norilsk – source

A source close to the matter says billionaire Oleg Deripaska is prepared to buy RUSAL's 25% blocking stake in Norilsk Nickel to resolve the shareholder row at the company.

March 25, 2012

Ukraine Court Rules Against Rusal in Zalk Aluminum Plant Dispute

Ukraine's government won a court hearing as it seeks to regain control over the Zaporizhskyi aluminum smelter from Russian billionaire Oleg Deripaska's United Co. Rusal. The Kiev Commercial Court ruled…

March 22, 2012

Australian explorer hunts for copper in Andes

The Herald Sun has an interesting feature piece on Chinalco Yunnan Copper Resources, an Australian company with Chinese backing that is partnering with Rio Tinto on three early-stage exploration projects…

March 21, 2012

Talks under way to end lockout at Rio Quebec smelter

Talks are under way to end a three-month lockout of workers at Rio Tinto Alcan's giant Alma aluminum smelter in northern Quebec as the two sides have been summoned to…

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.