November 30, 2011

Stocks rally, lifting commodities

North American stock exchanges are on a tear today after central banks made more funds available to lenders, giving investors hope for a way out of the European debt debacle.…

November 19, 2011

China aluminum users may take longer lunar holidays on weak demand

Reuters reported that aluminum fabricators in China may take longer Chinese New Year breaks as product demand is set to stay lukewarm in the coming two months on tight credit…

November 18, 2011

Rio Tinto shuts aluminum plant

The mining and metal making giant is closing a U.K. smelter due to rising carbon taxes and falling aluminum prices, Rio Tinto (NYSE:RIO) said.

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…