All about aluminium

30 November Melbourne, Dow Jones	BHP Billiton Appoints Labor Man To New Public Affairs Role MELBOURNE -(Dow Jones)- BHP Billiton Ltd. (BHP.AU) has created a new position of director of public affairs and appointed former senior Australian Labor Party staffer Geoff Walsh.
29 November Moscow, Dow Jones	Rusal To Set Up JV To Develop Kazakh Coal, Energy Projects MOSCOW (Dow Jones)-Russian aluminum producer UC Rusal Thursday said it has signed a memorandum of understanding with Kazakhastan’s state-run asset managing company Samruk Holding to jointly develop Kazakh coal fields.
28 November London, Dow Jones	UC Rusal Says To Build Foil Packaging Plant In Moscow Region LONDON (Dow Jones)-Russian aluminum producer UC Rusal is to build a foil packaging plant near the city of Dmitrov in the Moscow region, the company said Wednesday.
28 November Sydney, Dow Jones	BHP Chairman:Will Continue To Seek Talks With Rio Tinto Board SYDNEY -(Dow Jones)- BHP Billiton (BHP) will continue to seek talks with Rio Tinto (RTP) with the aim of merging the two groups, which it believes will benefit shareholders and customers, Chairman Don Argus said Wednesday.
27 November Beijing, Dow Jones	China Invest Corp Reiterates No Interest In Rio Tinto Stake BEIJING -(Dow Jones)- China’s sovereign wealth fund, China Investment Corp., reiterated Tuesday it doesn’t plan to buy a stake in mining company Rio Tinto PLC (RTP), which is trying to fend off a takeover by BHP Billiton Ltd. (BHP.AU)
26 November Paris, Dow Jones	French Fin Minister: Watching Rio Tinto Asset Sale Plans PARIS -(Dow Jones)- French finance minister Christine Lagarde Monday said she is watching with "extreme vigilance" Anglo-Australian mining company Rio Tinto PLC’s (RTP) plans to dispose of assets related to its French activities.
26 November London, Dow Jones	Rio Tinto Identifies $30 Billion In Potential Divestments LONDON -(Dow Jones)- Rio Tinto PLC (RTP) said Monday it had identified as much as $30 billion in assets that it could sell to pay down debt and refocus the company.
23 November London, Dow Jones	Rusal Buys 25% Of Norilsk; Could Lead To Takeover LONDON (Dow Jones)-United Co. Rusal, Russia’s largest aluminum and alumina producer, said late Friday that it had reached agreement to acquire a 25%-plus-one-share stake in OAO Norilsk Nickel (GMKN.RS) from Russia’s Onexim Group, in what could be the first step toward a total takeover of the nickel giant.
23 November London, Dow Jones	Bks Launch General Syndication Of $40B Rio Tinto Loan LONDON (Dow Jones)-The four banks that underwrote Rio Tinto PLC’s (RTP) $40 billion loan to fund its takeover of Canada’s Alcan Inc. (AL) launched the debt to general syndication late Thursday ahead of a bank meeting next week, two people familiar with the situation told Dow Jones Newswires Friday.
22 November Moscow, Dow Jones	UC Rusal:Record Output At Krasnoyarsk Aluminum Smelter In Oct MOSCOW (Dow Jones)-UC Rusal produced at its Krasnoyarsk aluminum smelter in October a record monthly amount of primary aluminum in the smelter’s entire history, 85,400 metric tons, 4.76% more than in October 2006, UC Rusal announced Thursday.
20 November Moscow, Dow Jones	UC Rusal Closes 7-Year $2.35 Billion Syndicated Loan At Libor +0.8% MOSCOW -(Dow Jones)- United Company Rusal, the world’s biggest aluminum producer by volume, said Tuesday it had closed a $2.35 billion seven-year syndicated loan.
20 November London, Dow Jones	BHP Billiton Hires Rio Tinto’s Andrew Mackenzie LONDON -(Dow Jones)- BHP Billiton said Tuesday it has appointed Andrew Mackenzie as Group Executive and Chief Executive Non Ferrous.
17 November Johannesburg, Dow Jones	BHP Billiton CEO: Rio Bid Is «A Friendly Proposal«- I-Net JOHANNESBURG (I-Net Bridge)-Global resource giant BHP Billiton’s (BIL) $153 billion all share merger proposal for Rio Tinto (RIO) is a "friendly proposal" and the group is continuing to engage the Rio Tinto board to combine the two companies to create a new company, Chief Executive Marius Kloppers said Saturday.
16 November Melbourne, Dow Jones	BHP Billiton Executives Get Positive Investor Response On Offer MELBOURNE -(Dow Jones)- BHP Billiton Ltd. (BHP.AU) executives have again been briefing Australian institutional investors Friday morning on the proposed offer for Rio Tinto Ltd. (RTP) and the response is said to have been positive, although some investors continue to argue for the offer to be lifted.
14 November Moscow, Dow Jones	Kaiser Aluminum Corp. Net Income Rises 77% Kaiser Aluminum Corp. (KALU) said Wednesday net income for the three months ended Sept. 30 rose to $24.8 million, or $1.22 a share, from $14.3 million, or 72 cents a share in the year-ago period.
14 November Beijing, Dow Jones	Chalco President: Uncertainties Of BHP-Rio Tinto Deal «Very Big» BEIJING -(Dow Jones)- The uncertainties of a tie-up between BHP Billiton (BHP) and Rio Tinto PLC (RTP) are "very big," said Luo Jianchuan, president of the Aluminum Corp. of China Ltd. (ACH), also known as Chalco.
13 November Melbourne, Dow Jones	Rio Tinto Not Courting Rival Bidders MELBOURNE -(Dow Jones)- Rio Tinto Ltd. (RTP) isn’t courting rival bidders to face off against BHP Billiton Ltd. (BHP.AU), but is unwilling to enter discussions with BHP unless it increases its offer, a person familiar with the situation said Tuesday.
12 November Moscow, Dow Jones	Alcoa Defense Awarded Contract For Naval Design Services Alcoa Inc.'s (AA) defense division was a awarded a contract from the Naval Surface Warfare Center’s Carderock Division for design and engineering services for the Littoral Combat Ship, a high-speed shallow-water craft.
12 November Melbourne, Dow Jones	BHP Billiton Outlines US$3.7 Billion Rio Tinto Synergies MELBOURNE -(Dow Jones)- BHP Billiton Ltd. (BHP.AU) Monday unveiled details of US$3.7 billion in cost savings and earnings increases it believes a takeover of rival Rio Tinto Ltd. (RTP) would deliver, in a move designed to increase pressure on its target to enter into talks.
9 November Melbourne, Dow Jones	BHP Still Working Very Hard To Talk To Rio-Source MELBOURNE -(Dow Jones)- BHP Billiton PLC (BHP.AU) is still working hard to discuss its takeover proposal with rival miner Rio Tinto PLC (RTP), but Rio is unlikely to meet unless there is a higher bid on the table, people familiar with the situation said Friday.
9 November Sydney, Dow Jones	Rio Tinto Shares Soar, BHP Billiton Supported Early On ASX SYDNEY -(Dow Jones)- Shares in Rio Tinto PLC (RTP) soared Friday on the Australian share market, matching a move in London as market participants speculated that BHP Billiton PLC (BHP) could make a sweeter offer for Rio.
8 November London, Dow Jones	Five Banks Advise Rio Tinto On BHP Billiton Offer LONDON -(Dow Jones)- Mining company Rio Tinto PLC (RIO.LN) is being advised by Credit Suisse Group (CS), JP Morgan Cazenove Ltd., Macquarie Bank Ltd. (MBL.AU), Morgan Stanley (MS) and NM Rothschild, people familiar with the matter told Dow Jones Newswires on Thursday.
8 November London, Dow Jones	Rio Tinto: Explores Options To Sell Rio Tinto Energy America LONDON -(Dow Jones)- Rio Tinto Thursday said that it has decided to explore options for the sale of some or all of Rio Tinto Energy America.
8 November London, Dow Jones	Rio Tinto Rejects Approach From BHP Billiton LONDON -(Dow Jones)- Rio Tinto said Thursday that it notes the recent announcement from BHP Billiton involving a proposed acquisition of Rio Tinto under which each Rio Tinto share would be exchanged for three BHP Billiton shares.
7 November Moscow, Media	UC RUSAL completes casthouse modernization at aluminium smelters Russian aluminum giant UC Rusal, said it has modernized the casthouses at four of its aluminium smelters: Sayanogorsk, Krasnoyarsk, Bratsk and Novokuznetsk.
6 November Moscow, Dow Jones	Alcoa Sells Automotive Castings Unit To Monomy Capital Unit Alcoa Inc. (AA) has sold its automotive castings unit to private equity fund Monomoy Capital Partners LP’s Compass Automotive Group LLC.

Aluminium News