November 17, 2011

Rio Tinto shuts smelter, blames rising energy costs

The aluminum market may soon see prices rise, or at least find a floor, as mining companies find that rising energy costs and low prices for the metal are a…

November 14, 2011

Cheap power lifts Rusal profit

Rusal, the world's largest aluminium producer, is expected to see a substantial drop in fourth-quarter profit margin due to lower prices of the metal, although temporary shutdowns by high-cost producers…

November 8, 2011

Alcoa approves next stage of $2.1 billion capital improvements in Quebec

Alcoa (NYSE:AA) will undertake the next phase of its five-year, $2.1 billion investment plan for its Baie-Comeau, Deschambault and Becancour smelters in Quebec. "The plan will move the Quebec smelters…

October 23, 2011

Dubal, Emal showcase UAE aluminium sector

Dubai Aluminium Company Limited (Dubal) and Emirates Aluminium (Emal), the UAE’s two primary aluminium smelters, exhibited jointly at a major industry event in Istanbul recently. Nasser Zainal, general manager, Marketing…

October 22, 2011

PSA working with aluminium for weight reduction of core models

Development partnerships with material suppliers will deliver new grades at lower cost Published 2 days in News. Seeing the light: Aluminium must become cheaper before PSA can make it mainstream…

October 19, 2011

UAE to invest $9.5 bn in aluminium smelters: Indonesia

The UAE plans to make possibly the largest-ever investments in Indonesia's industrial sector by pumping $9.5 billion into aluminium smelter projects in Kalimantan, Indonesia's ambassador to the UAE said on…

October 12, 2011

Alcoa third quarter revenue, earnings higher than year-ago quarter, down sequentially on lower prices and European market weakness

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today reported increased third quarter revenue and earnings compared to the year-ago quarter, but lower results sequentially, primarily due to lower metal prices, seasonal factors…

October 11, 2011

UAE primary aluminium sector targets growth in Turkey

(MENAFN Press) Against the economic instability in neighbouring Europe, Turkey remains a strong regional economy. Indeed, the International Monetary Fund ("IMF") recently revised the forecast growth for Turkey's economy upwardly…

October 7, 2011

Rusal refinances $11bn debt

Rusal has refinanced loans totaling $11.4bn, the aluminum company announced today. Of this amount, Rusal repaid $4.34bn to a consortium of international lenders under a December 2009 refinancing agreement as…

October 2, 2011

The Lucky Group Contributes To The Middle East’S Aluminium Alloy Production In A Large Way

Lucky Group’s Lucky Alloys has been the leader when it comes to producing Secondary Aluminium and Semi-primary alloys in the Middle East. Their efficient system of collecting scrap from all…