August 8, 2011

Outotec bags contract from EMAL

Outotec has received two contracts worth €100m from Emirates Aluminium (EMAL) to expand an aluminium smelter in Abu Dhabi, UAE.

August 4, 2011

Outotec wins over EUR100 million aluminum smelter technology contract for Emirates Aluminium

Outotec and Emirates Aluminium PJSC (EMAL) have agreed to terms for two contracts with a total value of over EUR 100 million. The deal calls for Outotec to deliver aluminum…

July 29, 2011

Outotec more than doubles H1 operating profit

Finnish mineral processing company Outotec more than doubled its profits for the first half of 2011.

July 27, 2011

Noranda reports second quarter 2011 results

Noranda Aluminum Holding Corporation (NYSE: NOR) today reported results for second quarter and first six months of 2011. “Our upstream integration and continuing focus on growth and productivity enabled us…

July 26, 2011

Alcoa is telling us good things about the global economy

Aluminum giant Alcoa just reported a 27% surge in revenue and a more than twofold jump in its bottom line for the second quarter. A major aluminum company covers a…

July 24, 2011

State-run Emirates Aluminium to spend $4.5 billion on expansion to nearly double output

A government-run aluminum smelter in the United Arab Emirates plans to spend $4.5 billion to nearly double its potential output of the widely used metal.

July 23, 2011

Orbite alumina process has global appeal

Exploration Orbite VSPA Inc. says its patented process to convert the Grande Vallée aluminous clays in the Gaspé Peninsula into alumina may have a much wider potential than expected. Orbite…

July 23, 2011

Santos says skills shortage yet to hit

David Knox, Santos chief executive, says the expected skills shortage has not yet affected his company. Picture: Calum Robertson Source: News Limited SANTOS chief executive David Knox, whose company is…

July 21, 2011

Commodities rise after Greek plan details emerge

Financial markets — including commodities — surged after details from the highly-anticipated EU Summit were released. Germany's demand that private investors be a part of any Greek bailout, which will…

July 20, 2011

Industrial metals (copper, aluminium, nickel, etc.) daily review (July 20, 2011)

Industrial metals touched its priciest levels in more than three months on Tuesday as upbeat demand prospects in two of the world's biggest consumers helped to keep a surprisingly strong…