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1 July
NORCROSS,
Press Release
|
Alcoa’s Kawneer Business Introduces AA®3350 ISOPORT® Window Designed to Enhance Energy EfficiencyAlcoa announced today that its Kawneer business, the leading manufacturer of architectural aluminum building products and systems for commercial construction, introduced its new AA®3350 ISOPORT® Window, designed to enhance the views and energy efficiency of commercial and institutional applications. Available in single-hung, double-hung or fixed with an innovative polyamide thermal break design and factory glazing, the AA®3350 ISOPORT® Window is highly versatile, leading the way in thermal performance at a competitive price. |
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30 June
NEW YORK,
Press Release
|
Alcoa Names Kevin Kramer to New Position as President, Growth InitiativesAlcoa announced today that Kevin B. Kramer, 49, has been named to the newly created position of President, Growth Initiatives. In this role, he is responsible for supporting commercialization strategies for organic growth across Alcoa, including the commercialization of research and development initiatives, and identifying and developing new applications that respond to market trends and customers’ needs. In addition, he will support the development and execution of global marketing programs for aluminum applications across existing and new market opportunities. Mr. Kramer had been President of the Alcoa Wheel and Transportation Products business, which includes forged wheels and aluminum transportation structures globally. |
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29 June
ATLANTA,
Press Release
|
Novelis Reports Results for Fourth Quarter and Fiscal Year 2009Novelis Inc., a subsidiary of Hindalco Industries Limited, today reported pre-tax income of $67 million for the fourth quarter of fiscal 2009, which ended on March 31, 2009. This compares to pre-tax income of $117 million for the fourth quarter of fiscal 2008. Fourth-quarter results include $145 million of unrealized gains on derivatives, a $122 million gain on a debt exchange transaction and $81 million of restructuring charges. |
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26 June
NEW YORK,
Press Release
|
Alcoa Expands Position in Oil and Gas MarketAlcoa announced today that it has reached an agreement with Noble Corporation to acquire Noble’s intellectual property pertaining to welded aluminum risers used in offshore oil and gas exploration and development. Noble, a leading drilling contractor, designs and deploys welded aluminum riser systems using Alcoa’s advanced extrusions and forgings, including the same highly engineered alloys used by the aerospace industry. Advances in metallurgy and joining technology have made aluminum risers more durable and corrosion resistant. This acquisition enables Alcoa to partner with manufacturers in the oil and gas industry to develop lightweight welded aluminum risers for deepwater applications. |
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25 June
DUBAI,
Press Release
|
DUBAL continues to invest in future marketsWith the prevailing global financial crisis having affected virtually every economic sector, the international aluminium industry has not escaped unscathed. Not only have major and minor producers the world over shut down excess or unprofitable capacity and slashed jobs, but also investments in future markets have largely been put on hold. Contrary to these dynamics, Dubai Aluminium Company Limited (“DUBAL”) – the world’s largest primary aluminium producer with a captive power station, and one of the lowest-cost producers in the sector – continues to operate at its full capacity of 960,000 metric tonnes per year, while pro-actively investing in future growth opportunities. |
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25 June
MOSCOW,
Press Release
|
RUSAL CEO visits ALSCON aluminium smelter in NigeriaUC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce that Oleg Deripaska, RUSAL’s CEO, visited the ALSCON aluminium smelter during his tour of the company’s production facilities. As part of the Nigerian visit of the official Russian delegation chaired by RF President Dmitry Medvedev the head of RUSAL had a series of consultations with Nigerian government authorities and businessmen. |
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24 June
SAMARA,
Press Release
|
Alcoa Russia’s Samara Plant Launches New Coating Line for Aluminum SheetAlcoa Russia’s Samara Plant today commissioned a new state-of-the-art coating line for production of high-quality coated sheet used in the packaging market for aluminum soft drink and beer cans as well as serving the building and construction markets. The new coating line is the only one of its kind in Russia and raises Alcoa to the worldwide leadership position in all aspects of can material production capability. |
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19 June
IKOT ABASI,
Press Release
|
UC RUSAL ALSCON begins local sale of aluminiumUC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce the start of domestic sale of aluminium produced at its Nigerian smelter – ALSCON. To date the total volume of contracts with local customers for ALSCON aluminium amounts to about 1000 tonnes. |
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18 June
OSLO,
Press Release
|
New test center for intelligent building solutionsThe new "Wicona Test Center" – one of the most advanced of its kind – opens a window to an energy-efficient future for buildings. Centrally localized in Germany, the center is a showcase for Hydros advanced building systems of aluminium. Hydros President and CEO Svein Richard Brandtzæg will inaugurate the Wicona Test Center in Bellenberg, Germany, on Tuesday, June 23 |
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18 June
MELBOURNE,
Press Release
|
BHP Billiton Board AppointmentBHP Billiton Chairman Don Argus today announced the appointment of a new Non-executive Director, Mr Wayne Murdy to the BHP Billiton Board, effective 18 June 2009. |
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15 June
LONDON,
Press Release
|
LME approves Listing of ENRC AluminiumENRC, a leading diversified natural resources group, is pleased to announce that The London Metal Exchange (‘LME’) has approved with immediate effect the listing of primary aluminium ingots produced at ENRCs aluminium smelter, Kazakhstan Aluminium Smelter (‘KAS’), located in Pavlodar, Kazakhstan. |
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11 June
TORRANCE, California,
Press Release
|
Alcoa Fastening Systems Expands into Casablanca, MoroccoAlcoa Fastening Systems (AFS) announced today that it is continuing its global growth strategy and has completed the acquisition of assets from Demicron SNC, which will be integrated into the AFS organization as Alcoa Fixations Maroc. Demicron SNC operates from a single location in Casablanca with less than 50 employees. Demicron SNC has a solid reputation within the European aerospace industry as a quality manufacturer of precision specialty machined aerospace parts, complex progressive dies, forging and stamping tools; and has been a reliable partner to AFS for more than two years. Terms were not disclosed. |
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9 June
ATLANTA,
Press Release
|
Novelis Appoints Tadeu Nardocci to Lead European OperationsNovelis Inc. today announced that Antonio Tadeu Coelho Nardocci has been appointed President, Novelis Europe, effectively immediately. Mr. Nardocci succeeds Arnaud de Weert who has left the company to pursue other interests. |
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8 June
MOSCOW,
|
Lufthansa visits the Krasnoyarsk smelterThe Krasnoyarsk aluminium smelter became the region’s first production facility to be visited by representatives of Lufthansa as part of the German airline’s trip to the Krasnoyarsk region. The guests wanted to know how the smelter was operating amidst the economical crisis and whether it was forced to cut back production levels or lay-off staff. |
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5 June
BEIJING,
Press Release
|
Rio Tinto withdraws its recommendation for Chinalco transactionAluminum Corporation of China (“Chinalco”) confirms this morning the announcement made by |
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5 June
MELBOURNE,
Press Release
|
Rio Tinto Board appointmentSam Walsh, Chief executive, Rio Tinto Iron Ore, has been appointed to the boards of Rio Tinto plc and Rio Tinto Limited as an executive director, effective immediately. |
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5 June
BOGOSLOVSK,
Press Release
|
Bogoslovsk wings for Boeing aircraftsUC RUSAL’s Bogoslovsk aluminium smelter successfully completes a scheduled audit by VSMPO and Boeing. The Bogoslovsk smelter (BAZ) has been supplying aluminium to VSMPO-AVISMA Corporation for more than 10 years. In turn, VSMPO uses the Bogoslovsk aluminium to produce spare parts for Boeing aircrafts. |
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29 May
ATLANTA,
Press Release
|
Novelis Takes Aluminum Can Recycling to New HeightsAluminum company Novelis Inc. announced today that it recycled an estimated 39 billion aluminum beverage cans in the past year, a new company record. Novelis is the worlds largest producer of flat-rolled aluminum and the worlds leading recycler of used beverage cans. |
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28 May
PITTSBURGH,
Press Release
|
Alcoa Supports the Illinois Army National Guard Recycling ProgramAlcoa announced today that more than 50 U.S. Army National Guard facilities in Illinois, through support from the Illinois Recycling Association, will enhance their recycling programs by using recycling bins donated by Alcoa. More than 1,000 green, 22-gallon bins have been shipped from Alcoa Recycling in Tennessee to the Illinois Army National Guard State Headquarters at Camp Lincoln in Springfield, Illinois, for distribution throughout the State. |
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19 May
MOSCOW,
Press Release
|
UC RUSAL representative to chair International Aluminium InstituteUC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce that Artem Volynets, RUSAL’s Director for Corporate Strategy, has been appointed the Chairman of the International Aluminium Institute (IAI), the global forum representing more than 80% of world primary aluminium production. |
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15 May
MELBOURNE,
Press Release
|
Rio Tinto and Chinalco obtain clearance from Committee on Foreign Investment in the United StatesRio Tinto and Chinalco announced today that they have obtained clearance from the Committee on Foreign Investment in the United States ("CFIUS") regarding the proposed issue of convertible bonds to Chinalco and the indirect minority investment in Kennecott Utah Copper Corporation, as contemplated by the strategic transaction announced by Rio Tinto and Chinalco on 12 February 2009. Rio Tinto and Chinalco jointly filed a voluntary notice with CFIUS in connection with the transaction. The receipt of CFIUS clearance satisfies a regulatory pre-condition to the transaction. |
|
14 May
MOSCOW,
Prime TASS
|
RUSAL plans to sign agreement in June on foreign debt extensionRussia’s United Company RUSAL plans in June to sign an agreement with Western banks to extend U.S. $7.4 billion of debt for a period of seven to eight years, the company said Thursday. |
|
13 May
OSLO,
Press Release
|
Aluminium use at all-time highMore aluminium than ever before is being used in North America-produced passenger cars and trucks. The light metal accounts for 8.6 percent of average vechicle curb weight this year, compared to 2 percent in 1970 and 5.1 percent in 1990. |
|
13 May
PITTSBURGH,
Press Release
|
Sustainable Architectural Aluminum Products From Alcoa’s Kawneer Business Contribute to Energy Efficiency of Children’s Hospital of Pittsburgh of UPMCAlcoa announced today that a range of its Kawneer architectural aluminum products are contributing to the “green” campus of the newly constructed $625 million Children’s Hospital of Pittsburgh of UPMC. The facility incorporates Kawneer products that maximize daylighting and thermal performance, including curtain wall, sunshades and thermally broken windows and doors. |
|
12 May
TOKIO,
Prime Tass
|
Putin urges Japanese companies to invest in RussiaRussian Prime Minister Vladimir Putin called on Japanese investors Monday to invest in various Russian industries. Additionally, he called on Japanese investors to take part in the construction of the East Siberia-Pacific Ocean oil pipeline and to build facilities in Russias Far East jointly with aluminum producer United Company RUSAL. |
|
11 May
OSLO,
Press Release
|
Hydro executive to chair UN building initiativeHydros Birgitte Holter has been selected to chair the United Nations Environment Programs Sustainable Buildings and Climate change Initiative. "We want to put buildings high on the post-Kyoto negotiations agenda," she says. |
|
7 May
ATLANTA,
Press Release
|
Novelis Sees Increased Use of Aluminum Sheet in AutomobilesNovelis Inc., the worlds leading producer of aluminum sheet for automobiles, has seen an increase of more than 20 percent in the number of automotive applications of its lightweight material compared to a year ago. About 90 models of cars and light trucks today use Novelis aluminum sheet for a variety of body panels or structural parts. |
|
7 May
DUBAI,
Press Release
|
DUBAL hosts 14th World Aluminium ConferenceThis year’s Commodity Research Unit (“CRU”) World Aluminium Conference– the 14th in the series – will be held at the Grand Hyatt Dubai from 10 to 12 May, with Dubai Aluminium Company Limited (“DUBAL”) as the event’s co-host. So says Khalid E Buhumaid (Vice President: Corporate Relations & International Affairs; and official spokesperson of DUBAL), who adds that CRU 2009 is particularly important as it is the first major industry forum following the start of the prevailing global economic recession. |
|
6 May
OSLO,
Press Release
|
Hydro exploring Angola hydropower and aluminium smelter opportunityHydro and the Government of Angola signed a Memorandum of Understanding on Tuesday to explore the feasibility of an integrated project for hydropower and aluminium production. |
|
6 May
PARANAM,
Press Release
|
Alumina Production at Suriname Refinery to be Curtailed by 870,000 Metric TonsSuriname Aluminum Company LLC (Suralco) today announced that production at the Paranam, Suriname alumina refinery was being curtailed by approximately 40% or 870,000 metric tons per year (mtpy). The refinery, which has a production capacity of 2.2 million mtpy, is owned jointly with N.V. BHP Billiton Maatschappij Suriname (BMS). Suralco has an entitlement to 55% of the alumina produced at this facility or approximately 1.2 million mtpy. |
|
5 May
OSLO,
Press Release
|
GM, Chrysler announcements sting HydroHydro does not rule out further reductions in its production of extruded aluminium automotive components and systems as result of the announcements that automakers General Motors and Chrysler are suspending vehicle production at most of their assembly plants in North America. |
|
1 May
OSLO,
Press Release
|
Hydro shows building-integrated photovoltaics in aluminium systemsHydros Technal brand is bringing new product concepts to the Spanish building systems market, and moving forward in the development of building-integrated photovoltaic solutions that can conserve energy and also produce energy. |
|
30 April
NEW YORK,
Press Release
|
Alcoa Agrees to Sell Its Wire Harness and Electrical Distribution Business to Platinum EquityAlcoa announced today that it has agreed to sell its wire harness and electrical distribution business to Platinum Equity, a California-based private equity group. The terms of the sale were not disclosed. The wire harness and electrical distribution business is the largest part of the Alcoa Electrical and Electronic Solutions business which the Company announced was for sale in January. |
|
29 April
NEW YORK,
Press Release
|
Alcoa’s Suralco To Acquire Joint Venture Interests of BHP Billiton in SurinameAlcoa World Alumina LLC and Billiton Suriname Holdings B. V. have reached an agreement in principle where Suriname Aluminum Company LLC (Suralco), an Alcoa subsidiary, will acquire the bauxite and alumina refining interests of N.V. BHP Billiton Maatschappij Suriname (BMS), a BHP Billiton subsidiary, in Suriname. Terms are not disclosed. |
|
29 April
OSLO,
Press Release
|
Economic downturn leads to Norsk Hydros first-quarter lossesHydro had an underlying loss before financial items of NOK 493 million in the first quarter of 2009, down from an underlying EBIT of NOK 868 million in the previous quarter. The results reflect the deepening global economic downturn, with historically low aluminium prices and a further fall in already weak downstream markets. |
|
28 April
RIO DE JANEIRO,
Press Release
|
Vale partners with DUBAL to its alumina projectCompanhia Vale do Rio Doce (Vale) announces that Dubai Aluminium Company Limited (DUBAL), which operates one of the largest single site aluminum smelters in the world and the industrial flagship of Dubai, has become a partner in its subsidiary Companhia de Alumina do Pará (CAP). |
|
23 April
CLEVELAND,
Press Release
|
Lamborghini Selects Alcoa Wheels for Murciélago LP 6704 SuperVeloceAlcoa Auto Wheels has been selected by Automobili Lamborghini to supply lightweight wheels for the Murciélago LP 6704 SuperVeloce (SV). The forged aluminum wheels reduce un-sprung weight and contribute to the SV’s 100kg (220 lb.) mass reduction over the standard Murciélago. |
|
22 April
MELBOURNE,
Press Release
|
BHP BILLITON production report for the nine months ended 31 March 2009Against a backdrop of weak demand, BHP Billiton achieved sound operational results, albeit with lower production compared to the December 2008 quarter. This quarter’s production reflects management proactive and decisive actions in response to the challenging market conditions. These actions include previously announced production curtailments in Samarco, Samancor Manganese and across our metallurgical coal operations. |
|
21 April
MOSCOW,
Press Release
|
UC RUSAL announces Q1 results of Cost Efficiency Leader programmeUC RUSAL, the world’s largest aluminium and alumina producer, today provides a Q1 update on the impact of its Cost Efficiency Leader programme, aimed at counteracting the consequences of the global economic downturn and increasing the efficiency of the company’s business. |
|
20 April
MELBOURNE,
Press Release
|
Rio Tinto appoints ChairmanJan du Plessis assumes the role of chairman of the boards of Rio Tinto with effect from today, 20 April 2009. He joined the boards of Rio Tinto as a non executive director on 1 September 2008 and his appointment as chairman was announced on 18 March 2009. |
|
19 April
CLEVELAND,
Press Release
|
Alcoa Announces Ratified Contract Extension with UAW Local 1050Alcoa (AA) announced today that members of the United Auto Workers Local 1050 at the company’s Cleveland Works facility have ratified a two-year extension of their current labor agreement with the Company. |
|
17 April
OSLO,
Press Release
|
Bentley chooses coated aluminium tube from Hydro for flex-fuel vehicleThe compatibility of aluminium with alternative fuels is an important topic for automotive applications. Hydro has already passed one test: It is delivering coated aluminium tubes for Bentleys dazzling new flexible-fuel vehicle. |
|
16 April
DUBAI,
Press Release
|
DUBAL in JV with Vale to develop alumina refinery in BrazilAiming to secure the raw materials required to fuel the company’s future growth strategy, Dubai Aluminium Company Limited (“DUBAL”) – the world’s largest modern aluminium smelter with a captive power station – has entered into an agreement with Vale to develop a green-field alumina refinery in Brazil’s northern State of Pará. The transaction is subject to the fulfillment of certain customary conditions. |
|
16 April
OSLO,
Press Release
|
Hydro: A century on the Oslo stock exchangeIt is 100 years today since Hydro was first listed on the stock exchange. Shares in the company were first traded on the stock exchange in Kristiania, as Oslo was then called, on April 16, 1909. Later that year the share was also listed on the stock exchanges of Brussels, Geneva and Paris. |
|
16 April
São Paulo,
Press Release
|
Brazilian aluminum industry confirms consumption record in 2008The Brazilian Aluminum Association – ABAL- announced the performance of the Brazilian aluminum market in 2008. According to the entity, the domestic consumption of aluminum transformed products grew for the fifth consecutive year, and closed 2008 at 1,023.9 thousand ton, a volume 11.4% above the volume reached in 2007. |
|
15 April
MELBOURNE,
Press Release
|
Rio Tinto first quarter 2009 operations reviewChief executive Tom Albanese said: "First quarter production was in line with reduced market demand and iron ore was further affected by heavy rains. We have acted swiftly where necessary to reduce costs and conserve cash. Markets remain volatile and the timing of global economic recovery uncertain. We made good progress on divestments in the quarter with sales of $2.5 billion agreed. We remain committed to delivering the Chinalco transaction and our focus is on successfully navigating the regulatory processes before putting it to a shareholder vote." |
|
13 April
NORCROSS, Ga.,
Press Release
|
Alcoa Kawneer Introduces New Institutional Solutions Brochure Demonstrating Its Capabilities for Education, Healthcare and Public BuildingsAlcoa’s Kawneer business, the leading manufacturer of architectural aluminum building products and systems for commercial construction, has introduced a new institutional solutions brochure that offers architects an array of information and projects-specific examples that shows the flexibility and sustainability of Kawneer’s comprehensive product portfolio. The brochure showcases Kawneer’s strong knowledge of the institutional market, specifically in the education, healthcare and public buildings segments. |
|
8 April
NEW YORK,
Press Release
|
Alcoa Reports 1st Quarter 2009 ResultsAlcoa on April 7, 2009 reported a 27 percent sequential drop in revenue resulting in a loss of $480 million for the first quarter of 2009, reflecting the impact of the economic downturn on its core industrial and commercial markets as well as an historic decline in aluminum prices. In the quarter, the Company launched a series of operational and financial actions that successfully increased cash, strengthened liquidity and significantly improved the Company’s cost structure. |
|
7 April
MELBOURNE,
Press Release
|
Rio Tinto Alcan responds to downturn in commodity pricesRio Tinto Alcan today announced it will slow the construction of the Yarwun alumina refinery expansion in Gladstone and curtail annual bauxite production at its Weipa mine to 15 million tonnes (from 19.4 million tonnes in 2008) due to the sharp fall in alumina and aluminium demand and prices in recent months. |
|
1 April
Melbourne,
Press release
|
German anti-trust clearance for Chinalco transaction receivedRio Tinto notes that Aluminum Corporation of China (Chinalco) has received approval from the German Federal Cartel Office for Chinalcos proposal to enter into a strategic partnership with Rio Tinto, as announced on 12 February 2009. |
|
31 March
Oslo,
Press release
|
Hydro to close precision tubing plant in MichiganHydro has decided to consolidate its aluminium precision tubing operations in North America as result of the extremely challenging situation in the automotive industry, and will consequently close its aluminium tubing plant in Michigan. |
|
31 March
New York,
Press release
|
Alcoa Completes Exchange with ORKLA ASA For 2 Norwegian Smelters and Anode PlantAlcoa today announced it has completed its exchange of stakes with ORKLA ASA for its Elkem Norwegian smelting partnership, which includes aluminum smelters in Lista and Mosjoen, as well as one of the world’s most modern anode plants, also in Mosjoen. Orkla, in turn, received Alcoa’s 45 percent share of the SAPA soft-alloy extrusion profile joint venture. |
|
26 March
Oslo,
Press release
|
Hydro curtails aluminium production at SunndalHydro has decided to temporary close the oldest production line at its Sunndal plant, representing an annual production of about 100,000 tonnes. The closure is a result of the demanding market situation for aluminium. |
|
17 March
MELBOURBNE,
Press Release
|
Rio Tinto appoints new ChairmanRio Tinto announces that Jan du Plessis will be appointed as Chairman of the Boards with effect from the conclusion of the Annual General Meeting of Rio Tinto Limited on 20 April 2009. He joined the Boards as a non executive director on 1 September 2008. |
|
17 March
MONTEREY,
Press Release
|
Century Aluminum Announces Receipt of $79.7 Million Federal Income Tax RefundCentury Aluminum Company on March 16 announced the receipt of a federal income tax refund of $79.7 million. This refund is in addition to the $10.1 million refund received from the Internal Revenue Service in February 2009 for estimated federal income taxes paid in the 2008 tax year. |
|
13 March
OSLO,
Press Release
|
Last day for Søderberg technology in HydroOn Friday, March 13, at 09.01 am, the power in the Søderberg potroom at the aluminium plant at Karmøy in Norway was switched off. This marks the end of production in the very last electrolytic cell in Hydro to use the old Søderberg technology. With the closure of its Søderberg production, Hydro has met important environmental requirements. But Friday’s closure of the Søderberg potroom at Karmøy was in essence marked by sadness. |
|
12 March
MOSCOW,
Press Release
|
UC RUSAL announces new appointmentsUC RUSAL, the world’s largest aluminium and alumina producer, announces the appointment of Mikhail Erenburg as the Executive Director of the Company. Prior to this new appointment, Mr. Erenburg held the post of the Director of the Aluminium Division. |
|
6 March
MOSCOW,
Press Release
|
UC RUSAL signs a standstill agreementUC RUSAL, the world’s largest aluminium and alumina producer, today announces that it has signed a standstill agreement in relation to the restructuring of its debt to the international lending banks. The standstill will be effective for a period of two months with the possibility of extension for a further month and will provide RUSAL with additional liquidity. |
|
4 March
MOSCOW,
Press release
|
RUSAL’S ARMENAL foil mill reaches design capacityUC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce that ARMENAL, the group’s foil mill located in Armenia, reached its design capacity of 25,000 tonnes. |
|
4 March
BRUSSELS,
|
EU Clears Alcoa Buy Of ElkemThe European Commission Tuesday cleared a plan by U.S. aluminum giant Alcoa Inc. (AA) to buy all of Elkem, a Norwegian aluminum company. |
|
3 March
MONTEREY,
Press release
|
Century Announces the Curtailment of One Potline at Hawesville, KY SmelterCentury Aluminum of Kentucky, a wholly owned subsidiary of Century Aluminum Company, today announced the orderly curtailment of one potline at its Hawesville, Kentucky Aluminum smelter. The Hawesville smelter produces approximately 250,000 tonnes of primary aluminum annually from five potlines. The potline curtailment will begin immediately and will be completed over the next several days. The action will reduce plant primary aluminum production by approximately 4,370 tonnes per month and will impact approximately 120 employees. |
|
27 February
MOSCOW,
Prime-TASS
|
Russian metals merger plans abandoned after Medvedev meetingFollowing a meeting with Russian President Dmitry Medvedev, shareholders of major Russian metal and mining companies have abandoned their merger plans for the Russian metals industry, business daily Vedomosti reported Friday, citing sources close to the businessmen. |
|
26 February
BEIJING,
Press release
|
Xiong Weiping appointed President of Chinalco and Secretary-General of the Executive CommitteeIt was announced today that Mr. Xiong Weiping is to replace Mr. Xiao Yaqing as President and Secretary-General of the Executive Committee of Chinalco. Mr. Xiao Yaqing and Mr. Xiong Weiping both welcomed the decision and said they would ensure a smooth handover. |
|
24 February
OSLO,
Press release
|
Hydro adjusts to slower building marketAlthough activity in the building industry in Europe remains relatively stable, in the midst of the global economic crisis, Hydro has made adjustments in its aluminium building systems operations that will result in annualized cost savings of more than EUR 5 million. Until now, the most significant portion of the cost savings has been generated from the process to integrate the Spain-based Alumafel Group with the rest of Hydro’s aluminium building systems unit in Portugal and Spain. The savings are in line with the estimates Hydro made prior to the July 2008 acquisition. |
|
19 February
MONTEREY,
Press release
|
Century Reports 2008 Financial ResultsCentury Aluminum Company today reported a net loss of $700.2 million ($14.27 per basic and diluted share) for the fourth quarter of 2008. Reported fourth quarter results were impacted by a charge for goodwill impairment of $94.8 million ($1.93 per basic and diluted share), a tax charge of $522.9 million ($10.66 per basic and diluted share) related to the recording of a valuation allowance on deferred tax assets and an inventory write down to market value of $55.9 million ($1.14 per basic and diluted share). |
|
16 February
NEW YORK,
Press Release
|
Alcoa Continues to Reduce Greenhouse Gas Emissions in Primary Aluminum Production Through Operational ExcellenceAlcoa announced today that it continues its leadership position on climate change by achieving a 36 percent reduction in total direct greenhouse gas emissions in 2008 from its worldwide primary aluminum production process, a 3 percent reduction over 2007 levels. |
|
12 February
NEW YORK,
Press Release
|
Alcoa Forms Strategic Cooperation Agreement with Henan Province in China on Aluminum ProjectsAlcoa announced today that it has formed a strategic cooperation agreement with the People’s Government of Henan Province in China to jointly establish world class projects for the fabricated and primary aluminum industry. The agreement was signed yesterday at Alcoa’s New York headquarters by Alcoa President and CEO Klaus Kleinfeld and Governor Guo Gengmao of Henan. Henan is located in central China and is the country’s largest producer of non ferrous metals. |
|
12 February
MOSCOW,
Prime Tass
|
UC Rusal agrees terms for restructuring $7.5 bln debtUnited Company Rusal, Russias largest aluminum producer, has agreed on terms for restructuring a U.S. $7.5 billion debt to banks, business daily Kommersant reported Thursday, citing a document on the restructuring terms sent to the government by UC Rusals controlling shareholder Oleg Deripaska. |
|
12 February
MELBOURNE,
Press Release
|
Rio Tinto announces pioneering strategic partnership with ChinalcoJoint ventures and convertible bonds to deliver US$19.5 billion in cash to Rio Tinto |
|
12 February
MELBOURNE,
Press Release
|
Rio Tinto announces underlying earnings of $10.3 billion up 38 per centThe major strategic partnership with Chinalco announced today provides additional flexibility in addressing the Groups commitment to reduce net debt by a further $10 billion by end of 2009. |
|
11 February
Munich,
Media
|
New BMW is built with unique lightweight aluminum technologyThe new BMW 7 Series saloon, which made its debut in November 2008, cruises out of showrooms with lightweight door components made from a unique aluminium product called Novelis Fusion™. This is the first automotive application of this innovative, multi-layered product, which Novelis has dubbed "The new aluminium™." |
|
11 February
OSLO,
Press Release
|
Further production curtailment at SØRALSør-Norge Aluminium AS (SØRAL), owned 49.9 percent by Hydro, will reduce its aluminium production by another 25 percent, resulting in a total reduction of 50 percent at the smelter at Husnes, Norway. |
|
9 February
MELBOURNE,
Press Release
|
Jim Leng resigns from Rio Tintos BoardsRio Tinto announces that Jim Leng, a non-executive Director, has resigned from the Boards with immediate effect and will therefore not take up the post of Chairman of the Boards in April as previously planned. |
|
9 February
MOSCOW,
Press Release
|
Rusal announces new appointmentRUSAL, the world’s largest alumina and aluminium producer, announces the appointment of Pyotr Sinshinov as Deputy CEO. |
|
5 February
OSLO,
Press Release
|
Further reductions at Neuss smelter likelyFurther production curtailment could be initiated shortly at Hydro’s primary aluminium plant in Neuss, Germany. The plant, with a production capacity of 230,000 tonnes, could be mothballed if the competitive situation does not improve significantly. |
|
5 February
MOSCOW,
Press Release
|
RUSAL announces «Cost Efficiency Leader» initiative comprehensive programme to increase efficiency during the global economic downturnUC RUSAL, the world’s largest aluminium and alumina producer, announces that it has implemented a comprehensive programme designed to reduce costs, optimise the production process and strengthen the company’s position as the world’s most effective aluminium producer cost-wise. The programme will further enhance RUSAL’s competitiveness and support the sustainability of the group’s operations during the global economic downturn. |
|
4 February
MONTEREY,
Press Release
|
Century Announces the Curtailment of Ravenswood, WV SmelterCentury Aluminum of West Virginia, a wholly owned subsidiary of Century Aluminum Company, today announced its intention to conclude the orderly curtailment of the remaining plant operations at its Ravenswood, WV aluminum smelter by February 20. On December 17, pursuant to the Federal Worker Adjustment and Retraining Notification Act, the company informed employees of the possibility of curtailment of the entire plant at the end of a 60 day period; it also began the immediate, orderly curtailment of one of the plants four potlines. |
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2 February
MELBOURNE,
Press Release
|
Rio Tinto response to press speculationAs previously announced, the Boards of Rio Tinto are continuing to consider a range of options. In this regard, Rio Tinto confirms that it has held discussions with Chinalco regarding Chinalco acquiring minority interests in various operating businesses of the Rio Tinto group and also investing in convertible instruments. |
|
30 January
NEW YORK,
Press Release
|
Alcoa Sites Around the World Featured in Discovery Channel Program on How Aluminum is MadeWhen Discovery Channel wanted to better understand aluminum, one of the world’s most recyclable materials, for its new television series, “How Stuff Works,” they came to Alcoa. The program, which is based on the website How Stuff Works, deconstructs everyday commodities such as corn, wheat, iron and aluminum. To produce the aluminum segment, the Discovery Channel visited Alcoa facilities in Western Australia, Tennessee, Iowa, Indiana and Pennsylvania. |
|
30 January
TORRANCE,
Press Release
|
Alcoa Fastening Systems Announces Successful Deployment of Trolley-Tray Fastener Kitting SystemAlcoa Fastening Systems announced on 29 January the successful deployment of its unique Trolley-Tray fastener kitting system at the new Airbus A320 Final Assembly Line in Tianjin, China. The Tianjin approach follows a similar deployment of this system at the A320 FAL in Hamburg, Germany. |
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28 January
LONDON,
Press Release
|
Vedanta Resources Unaudited Results for the Third Quarter and Nine Months Ended 31 December 2008Aluminium production in Q3 was a record 122,000 tonnes, a 23% increase over the corresponding prior quarter, primarily due to the ramp up and stepped commissioning of the first phase of the 500,000 tpa Jharsuguda aluminium smelter. To date 228 pots have been commissioned at Jharsuguda, supported by three units of the captive power plant (“CPP”). |
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28 January
OSLO,
Press Release
|
Impairments affect Hydro’s fourth quarter resultsNorsk Hydro ASA will write down the value of certain fixed assets and inventories by approximately NOK 3.5 billion with effect for its fourth quarter results. The impairments are a result of deteriorating market conditions and high input costs. Hydro continues to implement significant corrective measures to meet the unprecedented market situation with reduced production, lower investments and major cost improvement initiatives. |
|
28 January
MOSCOW,
Press Release
|
RUSAL announces new appointmentUC RUSAL, the world’s largest aluminium and alumina producer, announces the appointment of Eugueny Fyodorov as the Director of the RUSAL Engineering and Construction Division. |
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27 January
NEW YORK,
Press Release
|
Alcoa Continues Leadership Position in International Ethical Reputation RankingAlcoa announced on 26 January that it has achieved the top ranking in the Basic Resource category of the 2008 Covalence Ethical Ranking, a methodology that gauges the reputation of international companies. Alcoa was also chosen as one of the top ten ethical companies across all industries and companies. It has been ranked first in the metals and mining industry and in the top ten among all companies since the ranking began in 2005. |
|
26 January
MOSCOW,
Press Release
|
RUSAL converts Krasnoyarsk Aluminium Smelter to colloidal anode pasteUC RUSAL, the world’s largest aluminium and alumina producer, announces that it has completed the conversion of one potroom at its Krasnoyarsk Aluminium Smelter (KrAZ) to the colloidal anode paste technology. The economic effect from this innovation at one potroom alone can be up to USD 1 mln annually. |
|
26 January
PITTSBURG,
Press Release
|
Rio Tinto Alcan completes the sale of its equity stake in Ningxia aluminium smelter for US$125 millionRio Tinto Alcan has completed the sale of its 50 percent equity share of the Alcan Ningxia aluminium joint venture in China to Qingtongxia Aluminium Group Co Ltd (QTX) for gross cash consideration of US$125 million. In addition, Rio Tinto Alcan received US$13 million for the cancellation of an option right to expand at the Qingtongxia smelter complex. Alcan Ningxia joint venture owns a 160,000 tonne per year potline in Qingtongxia. |
|
23 January
NEW YORK,
Press Release
|
Alcoa Announces DividendThe Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 17 cents per share payable February 25, 2009 to shareholders of record at the close of business on February 6, 2009 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable April 1, 2009 to shareholders of record at the close of business on March 13, 2009. Alcoa has paid a quarterly dividend on its common stock for more than 60 years. |
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22 January
DUBAI,
Press Release
|
DUBAL excels in 2008 Emirates Energy AwardsAluminium giant scoops four awards for its innovative, cost-effective and replicable energy conservation and management practices. |
|
21 January
LONDON,
Press Release
|
Corus signs Share Purchase Agreement with Klesch for sale of aluminium smeltersFurther to the Corus press statement of November 2008, Corus and Klesch have today announced that they have signed a Share Purchase Agreement (SPA) for the acquisition of Corus’ aluminium smelters by Briand Investments B. V., an affiliate of Klesch. |
|
21 January
MELBOURNE,
Press Release
|
Rio Tinto Alcan curtails production and cuts costs in response to global economic conditionsRio Tinto Alcan plans to implement further production curtailments to align production with customer demand. Further to curtailments which occurred in the fourth quarter of 2008, totalling five per cent of global production, Rio Tinto Alcan plans to reduce aluminium output by another 230,000 tonnes. This brings the total production decrease to 450,000 tonnes or approximately 11 per cent of its total annualised aluminium capacity. |
|
21 January
MELBOURNE,
Press Release
|
BHP Billiton aluminium production report for the half year ended 31 December 2008BHP Billiton delivered a robust production performance in the first half of the 2009 financial year. |
|
20 January
MOSCOW,
Press Release
|
Sayanogorsk Aluminium Smelter launches a new gas scrubberUC RUSAL, the world’s largest aluminium and alumina producer, has announced the commissioning of a new gas treatment unit at its Sayanogorsk aluminium smelter (SAZ). The project investment amounted to USD 3.6 mln. |
|
20 January
OSLO,
Press Release
|
Hydro changes structure and extends corporate management boardNorsk Hydro ASA is extending its corporate management board by the addition of two members, as part of a reorganization designed to secure a more concentrated focus on operations and markets. The changes will come into effect from March 30 2009, when Svein Richard Brandtzæg takes over as President and CEO from Eivind Reiten. |
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19 January
MOSCOW,
Press Release
|
UC RUSAL announces management changesUC RUSAL, the worlds largest aluminium and alumina producer, announces the appointment of Oleg Deripaska as the companys CEO. His candidacy was proposed by EN+ and supported by other shareholders of RUSAL. |
|
16 January
OSLO,
Press Release
|
Hydro reduces primary aluminium production in Neuss by 13 percentHydro has decided to reduce production at its primary aluminium plant in Neuss, Germany, by 30,000 tonnes by the end of January. “The Neuss smelter is at the very high end of the cost curve, mainly due to the German power cost level, which is among the highest in the world. The planned production cut in Neuss is a direct consequence of the weak market situation and global downturn in metal demand,” says Hilde Merete Aasheim, executive vice president for Hydro’s Aluminium Metal business area. |
|
15 January
OSLO,
Press Release
|
Hydro to establish research center in QatarHydro will establish a research and training center in Qatar, called the Hydro Technology Center. The center will be located at the Qatar Science & Technology Park in Doha, and is scheduled to open this spring. An agreement between Hydro and Qatar Science & Technology Park was signed on Wednesday. Hydro will invest close to USD 7 million in the center over its first three years. The center will open early this year, and eventually grow to a staff of about ten people. |
|
15 January
MELBOURNE,
Press Release
|
Rio Tinto releases fourth quarter 2008 operations reviewChief executive Tom Albanese said: "Production for the quarter was in line with expectations. We are taking firm action in response to the global economic downturn and, given the resilience of Rio Tintos low cost assets, expect to remain well positioned when recovery comes." |
|
15 January
MELBOURNE,
Press Release
|
Anglesey Aluminium expects to end smelting operations in September 2009Anglesey Aluminium Metal, jointly owned by Rio Tinto Alcan (51 per cent) and Kaiser Aluminum (49 per cent), anticipates that it will end smelting operations at the end of September 2009 when its current power contract expires. |
|
14 January
MELBOURNE,
Press Release
|
Rio Tinto appoints new ChairmanRio Tinto announces that Jim Leng will be appointed as Chairman of the Boards with effect from the conclusion of the Annual General Meeting of Rio Tinto Limited on 20 April 2009. He joins the Boards today as Chairman Designate and a non executive director. Rio Tintos current Chairman, Paul Skinner, has today notified the Boards of his preference to retire from the Boards at the conclusion of the AGM on 20 April 2009. |
|
13 January
PITTSBURG,
Press Release
|
Alcoa, NY Governor Paterson, and NYPA Finalize Power Contract For Massena OperationsAlcoa today announced it hosted New York Governor David A. Paterson to celebrate finalization of a 30-year hydropower contract to supply the company’s two aluminum smelters in Massena, NY. The power agreement is contingent upon an upgrade of facilities by Alcoa. |
|
12 January
MELBOURNE,
Press Release
|
Rio Tintos Board changeMr Dick Evans, chief executive, Rio Tinto Alcan, has given notice of his intention to retire and to step down from the Boards of Rio Tinto on 20 April 2009 at the conclusion of the Rio Tinto AGMs. |
|
12 January
PITTSBURG,
Press Release
|
Alcoa Reports 4th Quarter 2008 ResultsAlcoa today reported its fourth quarter 2008 results which include the impact of an historic decline in metal prices; weak end markets; and restructuring, impairment, and other special charges for its previously announced actions to curtail production, reduce costs, and streamline its portfolio. |
|
12 January
OSLO,
Press Release
|
Svein Richard Brandtzæg new chief executive of HydroSvein Richard Brandtzæg has been named chief executive of Norsk Hydro ASA, following the resignation of Eivind Reiten, effective March 30, 2009. Reiten has informed the Board of Directors that he wishes to step down after nearly eight years heading the company. |
|
12 January
OSLO,
Press Release
|
Wicona ready for BAU 2009Organizers call it the most important event of the European building industry. This week is BAU 2009 week and Wicona is in Munich with the latest in energy-saving aluminium building systems products. |
|
11 January
PITTSBURG,
Press Release
|
Alcoa Taking Decisive Action to Address Economic DownturnAlcoa on 6 January 2009 detailed a series of specific actions to conserve cash, reduce costs and strengthen the Company’s competitiveness during the current economic downturn. Building on the Company’s commitment from October, these actions address additional production curtailments, cost and procurement efficiencies, portfolio streamlining and reduction of capital expenditures and other liquidity enhancements. |
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31 December
MOSCOW,
Editors
|
Happy New YearEditors of the web resource www.aluminiumleader.com wish our readers Merry Christmas and Happy New Year. Let the new year bring joy, prosperity, love and peace to Your homes and hearts! |
|
30 December
CUPERTINO,
Media
|
Apple produces «green» aluminium desktopsOne of the attractive features of the current MacBook Pro is that it almost entirely recyclable. MacBook Pro is made from materials like aluminum and glass, making it highly desirable to recyclers. And highly unlikely that its parts will end up in a landfill. This also makes it possible for the raw materials in MacBook Pro to be used again later in other types of products. And Apple offers recycling services in nearly all countries where Apple products are sold. |
|
29 December
KOLKATA,
Press Release
|
Work to begin at Vedanta’s aluminium project in Bengal shortlyThe Vedanta Group is likely to begin work on its Rs.25,000 crore(USD 5.1BN) aluminium project in West Bengal shortly. Vedantas foray into West Bengal will be through a now-defunct unit of Aluminium Corporation of India set up in 1952 at Asansol. |
|
22 December
PITTSBURGH,
Press Release
|
Alcoa and ORKLA ASA Agree to Exchange Equity StakesAlcoa today announced it has agreed with ORKLA ASA (Orkla) to exchange their stakes in a Norwegian smelting partnership and a Swedish extrusion joint venture in order to focus on their respective areas of expertise and best practices. Alcoa will receive Orkla’s 50 percent stake in Elkem Aluminum ANS while Orkla will receive Alcoa’s 45 percent stake in the $3.7 billion SAPA extrusion profiles business. The transaction is expected to be completed in the first quarter of 2009. |
|
19 December
OSLO,
Press Release
|
Norsk Hydro develops new silica and magnesium technologyHydro and Advanced Metallurgical Group have entered into an agreement to develop new technology for the low-cost production of magnesium and silica using the Norwegian mineral olivine as a raw material. Hydro uses large amounts of pure magnesium as an alloying element in aluminium. The secure and long-term supply of magnesium at the right price is therefore important for the company. |
|
15 December
OSLO,
Press Release
|
In close cooperation with Qatar UniversityQatar University has signed an agreement with Hydro and Qatar Aluminium Company (Qatalum) to establish a faculty chair of aluminium production at the universitys College of Engineering. Qatar University will be provided with an annual fund in the amount of QAR 750,000 for three years, a total of about QAR 3.2 million or approximately USD 0.9 million. The main objective is to provide assistance to the institution in order to train qualified Qatari nationals to work in the aluminium industry. |
|
15 December
MOSCOW,
Prime-Tass
|
UC RUSAL to cut annual aluminum output by 4%Russia’s United Company RUSAL plans to cut aluminum production by 180,000 tonnes per year, or 4% of the company’s total production, as part of a program aimed at helping the company weather the financial crisis, RUSAL said Monday. |
|
15 December
MOSCOW,
Press Release
|
UC RUSAL adopts a new health and safety policyUC RUSAL, the worlds largest alumina and aluminium producer, announces the adoption of a new corporate policy on health and safety, which is in line with the best international practice in this area. The new version of the corporate Heath and Safety Policy has replaced the framework adopted by RUSAL in 2001 and takes into account both the innovative character and global geographical footprint of UC RUSAL. The development methodology and format of the H&S Policy, as well as its continuous improvement are in full compliance with the OHSAS 18001 international standard regulating health & safety management systems. |
|
12 December
MELBOURNE,
Press Release
|
Further Rio Tinto update on SimandouRio Tinto has received correspondence from the Guinean Minister of Mines which appears to indicate that the Council of Ministers has instructed the Ministry of Mines and Geology to effect a compulsory relinquishment of the northern half of the Simandou Mining Concession whilst confirming Rio Tintos entitlement to the southern half of that Concession. Rio Tinto has been in active negotiation in good faith with the Government of Guinea since August 2008. |
|
11 December
OSLO,
Press Release
|
Hydro renews contract with ABBHydro Aluminium Profiler AB has signed a new contract with ABB Motors in Västerås, Sweden. It involves the continued delivery of motor housings for the company’s low-voltage DC industrial motors until the end of 2010. Hydro has supplied extrusions for ABB’s motor housings since 1994. The level of sophistication in manufacturing has increased steadily over the years and since 2000 deliveries have consisted of complete motor housings made using friction stir welding. |
|
10 December
OSLO,
Press Release
|
Hydros Søderberg facility at Karmøy to close in first quarter 2009The Board of Directors of Norsk Hydro ASA on Wednesday approved the plan to close prematurely the oldest electrolytic technology at Hydro’s Karmøy aluminium plant, the Søderberg potlines. |
|
10 December
MELBOURNE,
Press Release
|
Rio Tinto commits to reduce net debt by $10 billion by end of 2009Rio Tinto has announced a detailed package of measures in response to the unprecedented rapidity and severity of the global economic downturn, which has caused sharp falls in commodity prices and a significantly weaker outlook. The initiatives are aimed at preserving value for shareholders by conserving cashflow and reducing levels of debt. |
|
9 December
INGOLSTADT,
Press Release
|
The Audi R8 5.2 FSI quattro: breathtaking performanceAudi is launching the next variant of its top-of-the-line model. With the R8, the brand has established itself at the forefront of high-end sports cars from the very start – and now comes the R8 V10. |
|
9 December
MOSCOW,
Press Release
|
UC RUSAL invests almost USD 35 mln in the development of a modified RA-400 cell to be used at the Taishet Aluminium SmelterMoscow, 9 December 2008 UC RUSAL, the worlds largest producer of alumina and aluminium, has announced an expansion of the RA-400 pilot area at the Sayanogorsk Aluminium Smelter to test several new RA-400T cells that will be used at the Taishet aluminium smelter, which is currently under construction. The RA-400T upgrade and operational testing programme has cost the company approximately USD 35 mln. |
|
3 December
INGOLSTADT,
Press Release
|
The Audi A5/S5 Cabriolet the joy of open-top drivingDynamic and wonderful to look at, the new A5 Cabriolet is a real Audi, and an especially exciting one at that. The four-seater with the fabric top combines a sporty character with the fascination of open-top driving, refined comfort, and great everyday utility. Seven powerful engines, an agile suspension and a wide range of high-end options make the new Audi model the most attractive mid-range convertible. In the construction of the body-in-white, several innovative technologies are used. A prime example are the ultra-high-strength steels with their extremely high tensile strength, which Audi manufactures in-house using hot forming. The front fenders of the A5 Cabriolet are made of aluminum to lower the weight and to optimize axle load distribution. An enclosed underbody improves the airflow and thereby the fuel efficiency. |
|
28 October
MOSCOW,
Press release
|
UC RUSAL invested USD 25 million in expansion of anode production at Sayanogorsk Aluminium SmelterUC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce the launch of the anode-baking furnace at the Sayanogorsk aluminium smelter following its modernisation. The goal of the USD 25 million project was to provide the Sayanogorsk and Khakas aluminium smelters with the necessary volume of high quality anodes, which are required for aluminium production. |
|
27 October
MOSCOW,
Press release
|
UC RUSAL and An Vien group of Vietnam sign MOU to create new complexUC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce that it has signed a Memorandum of Understanding (MOU) with An Vien of Vietnam to create a vertically integrated bauxite and alumina complex. The project will include the construction of an alumina refinery with a capacity of approximately 1.5 million tonnes of alumina per annum based on Binh Phuoc, one of the most promising bauxite deposits in South Vietnam. |
|
23 October
PITTSBURG,
Press Release
|
Alcoa Supplies Spaceframe for Ferrari California ; Lightweight Solution Latest in Alcoa and Ferrari Innovation in AluminumAlcoa Wheel and Transportation Products announced today that it has been selected by Ferrari S.p.A. to supply the all-aluminum spaceframe for the upcoming Ferrari California. The California, recently unveiled at the Paris International Motor Show, is the latest performance vehicle from Ferrari. |
|
16 October
SAN FRANCISCO,
Media
|
Apple introduces aluminium laptopsApple introduced a new line of Macbook laptop computers on Tuesday, October 14, bringing prices down at the same time as improving function and design. The two most prominent new features of the new line-up are powerful new graphics capabilities provided by Nvidia chips that replace integrated Intel graphics chips that were used previously. Apple CEO Steve Jobs said the new chips improved graphics performance by a factor of five. |
|
10 October
CLEVELAND,
Press Release
|
Audi Selects Alcoa Wheels Dura-Bright® Technology for New A6Audi AG has selected Alcoa to supply forged aluminum wheels with Dura-Bright® technology surface treatment for the new 2009 Audi A6 recently debuting at the Paris International Motor Show. Dura-Bright® technology enhances the image of the vehicle and the ownership experience by making the wheels easy to clean while protecting against corrosion. Dura-Bright® technology is the latest innovation in aluminum from Alcoa, who first helped Audi pioneer the lightweight aluminum space frame on the original A8. |
|
22 September
MOSCOW,
Prime Tass
|
UC RUSAL signs memo with Libya to build metals complexRussian aluminum producer United Company RUSAL has signed a memorandum of understanding with the Libyan State Economic and Social Development Fund to create a joint venture to develop an energy and metals complex in Libya, according to a joint statement released Monday. |
|
18 September
MOSCOW,
Prime Tass
|
Report: UC RUSAL to invest $3 billion in China within 7 yearsRussian aluminum giant United Company RUSAL plans to invest up to U.S. $3 billion within the next seven years in China, where construction work will fuel demand for aluminum, China’s South China Morning Post reported Thursday citing RUSAL’s CEO Alexander Bulygin. |
|
5 September
Moscow,
Press Release
|
UC RUSAL introduces new waste processing technologyUC RUSAL has announced that it has developed a unique process for waste recycling. This new technology is applied at the company’s smelting operations in Bratsk (BrAZ), the largest aluminium facility in the world, and allows saving over USD 2 million every year. The new technology helps to reduce quantities of solid waste from the smelter’s operational facilities stored in the disposal area by 5,500 tonnes less of waste. |
|
22 July
MOSCOW,
Prime Tass
|
UC RUSAL eyes inert anode technology in 34 yearsRussian aluminum giant United Company RUSAL plans to start intoroduction of inert anode technology at its plants within three to four years, Viktor Mann, the director of the company’s engineering division, said in an interview with Prime-Tass Tuesday. |
|
7 November
Moscow,
Media
|
UC RUSAL completes casthouse modernization at aluminium smeltersRussian aluminum giant UC Rusal, said it has modernized the casthouses at four of its aluminium smelters: Sayanogorsk, Krasnoyarsk, Bratsk and Novokuznetsk. |
|
29 October
Moscow,
Media
|
UC RUSAL says launched full capacity of Khakas smelterUC RUSAL, one of the worlds largest primary aluminum producers, has launched the full capacity of the Khakas Aluminum smelter ahead of schedule. |
|
24 October
Moscow,
MetalTorg.Ru
|
UC Rusal Set to Build Electrometallurgical Complex in KazakhstanThe united company 'Russian Aluminum' agreed with the Kazakh corporation 'Samruk' on joint ownership in a major coal asset 'Bogatyr Access Komir'. Later it could be amalgamated with Ekibastuz GRES-2. On this base Rusal is set to build up an electrometallurgical holding in Kazakhstan, including an aluminum and alumina plants worth in total of about USD3.5 billion. |
|
22 October
Moscow,
Media
|
UC RUSAL and HydroOGK select AREVA to supply equipment for Boguchansk aluminium smelterUnited Company RUSAL, the worlds largest aluminum producer, has signed an agreement with French energy company AREVA on electrical equipment supplies worth 90 million euros for the Boguchansk aluminum smelter. |
|
18 October
Moscow,
Media
|
UC RUSAL announces 2007 nine month resultsUnited Co. Rusal, the worlds largest aluminum producer, said its aluminium production increased by 5% to 3,104,847 tonnes and alumina production rose by 5.7% to 8,451,791 tonnes compared to the same period last year |
|
15 October
New York,
Press Release
|
Alcoas Kevin Anton Elected Chairman of Aluminum Association BoardNew York (Business Wire) Alcoa (NYSE:AA) announced today that Kevin M. Anton, vice president of Alcoa and President of Alcoa Materials Management, has been elected chairman of the board of The Aluminum Association at the trade organization’s annual membership meeting in Tucson, Arizona. |
|
15 October
Media,
Press Release
|
2007 Solar Decathlon Feature Alcoa Building and Construction Systems` ProductsNorcross, Ga. (Business Wire) Alcoa (NYSE:AA) announced today that products from two of its Building and Construction Systems businesses – Kawneer Company and Alcoa Architectural Products – are used extensively by a team from Georgia Institute of Technology in the 2007 Solar Decathlon now taking place in Washington, D.C. This week, 20 teams from colleges and universities from around the globe are participating in the competition to design, build, and operate attractive, energy-efficient solar-powered homes transforming the National Mall into a solar village. The team from Georgia Tech is sponsored in part by Kawneer and its sister company, Alcoa Architectural Products. |
|
12 October
Montreal,
Press Release
|
Alcans Saint-Jean-de-Maurienne facility celebrates its centennialMontreal, Oct. 12 /CNW Telbec/ Alcan today celebrated the centennial of |
|
12 October
Cleveland,
Press Release
|
Alcoa Awarded $360 Million Contract by Lockheed Martin to Provide Aluminum Forgings on F-35 Joint Strike Fighter ProgramCleveland (Business Wire) Alcoa (NYSE:AA) today announced that its Alcoa Power and Propulsion business has been awarded a 10-year $360 million contract by Lockheed Martin to supply advanced patented 7085 alloy aluminum die forgings for the F-35 Joint Strike Fighter (JSF) program. |
|
8 October
Media,
Press Release
|
Alcoa to Supply Armor Plate for New Army VehicleDavenport, Iowa & New York (Business Wire) Alcoa announced today that the U.S. Army TACOM Life Cycle Management Command (LCMC) has selected the company’s North American Rolled Products business to supply a need for aluminum armor plate to support the new MRAP armored vehicle program. MRAP vehicles are designed to survive IED (improvised explosive devise) and ambush attacks. |
|
5 October
Media,
Press Release
|
Rio Tinto offer for Alcan: Exon-Florio clearance receivedRio Tinto has received US Exon-Florio clearance for the proposed acquisition of Alcan by a subsidiary of Rio Tinto. |
|
4 October
New York,
Press Release
|
Alcoa Updates on Portfolio ReviewNew York-(Business Wire)-Following the recent monetization of its stake in Aluminum Corporation of China Limited (Chalco), Alcoa (NYSE:AA) today announced a series of portfolio decisions that will further enhance its capital structure and provide additional opportunities to improve shareholder value. |
|
3 October
Media,
Press Release
|
Rio Tinto offer for Alcan: Australian Competition & Consumer Commission clearance receivedRio Tinto welcomes the Australian Competition & Consumer Commissions announcement today that it will not intervene in the proposed acquisition of Alcan Inc. by a subsidiary of Rio Tinto. |
|
2 October
Pittsburgh,
Press Release
|
Alcoa Foundation Supports Carnegie Library of Pittsburgh with $400,000 Grant to Improve Childrens AreasPittsburgh-(Business Wire)-Carnegie Library of Pittsburgh and the Alcoa Foundation jointly announce a $400,000 Alcoa Foundation grant to the Carnegie Libraryin support of its Libraries for LIFE Capital Campaign. The gift will fund children’s areas in several neighborhood libraries. The children’s areas in both the recently renovated Homewood facility and future North Side library will be named in honor of the Alcoa Foundation. |
|
1 October
Paris,
Press Release
|
Alcan supplies aluminum sheet for new Peugeot 308PARIS, France, Oct. 1 /CNW Telbec/ Alcan announced today that it will |