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27 March
Shanghai,
Dow Jones
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DJ Chalco Approved To Build 800,000 Ton Alumina Plant In ShanxiSHANGHAI (Dow Jones)-The National Development and Reform Commission has approved a plan by Aluminum Corp. of China Ltd. (ACH), or Chalco, to build an alumina refinery with an annual production capacity of 800,000 metric tons in Xing county, Shanxi province. |
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25 March
Juruti, Brazil,
Dow Jones
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Alcoa Taps Aluminum Demand With Brazil Bauxite MineJURUTI, Brazil (Dow Jones)-U.S.-based Alcoa Inc. (AA) has completed more than half the construction of a mine in this Amazon River village designed to eventually produce nearly 10% of the worlds supply of bauxite, a key resource for aluminum manufacturing. |
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24 March
Beijing,
Dow Jones
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DJ Rio Tinto Seeks More JVs With China State-Owned CosBEIJING (Dow Jones)- Rio Tinto PLC (RTP) sees more joint-venture opportunities with Chinas state-owned enterprises, Rio Tinto Chief Executive Tom Albanese said Saturday. |
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20 March
Moscow,
Dow Jones
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Rusal To Invest $20 Mln In Cathode Production In ChinaMOSCOW (Dow Jones)-United Co. Rusal, the worlds largest producer of aluminum and alumina, Thursday said it plans to invest $20 million in a newly acquired cathode plant in China. |
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19 March
Hong Kong,
Dow Jones
|
Chinalco: No Decision Yet On Raising Rio Tinto Stake To 15%HONG KONG -(Dow Jones)- Aluminum Corp. of China President Xiao Yaqing said Wednesday no decision has been made with Alcoa Inc. (AA) to raise their combined stake in Rio Tinto PLC (RTP) to 15% from 9%. |
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18 March
Shanghai,
Dow Jones
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Chinalco Chairman: Considering Raising Stake In Rio TintoSHANGHAI -(Dow Jones)- Aluminum Corp. of China, or Chinalco, is likely raise its stake in Rio Tinto PLC (RTP), and the company is talking with Alcoa Inc. (AA), its bidding partner on the issue, Chinalco President Xiao Yaqing said Tuesday. |
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18 March
Pittsburgh,
Dow Jones
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Alcoa CEOs 2007 Compensation Doubles To Over $25MPITTSBURGH (AP)- Alcoa Inc. (AA) Chief Executive Alain Belda received compensation valued at $25.65 million in 2007, a year in which the aluminum producers earnings climbed 14%, according to a regulatory filing Monday. |
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18 March
London,
Dow Jones
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Rio Tinto Alcan To Meet Alumina DemandLONDON (Dow Jones)- Rio Tinto Alcan said Tuesday that it is firmly positioned to meet growing global demand for alumina, with its Yarwun alumina refinery achieving record performance in November and December, and with significant progress being made on the refinery expansion project. |
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17 March
Hong Kong,
Dow Jones
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Chalco 2007 Net Profit CNY10.24 Bln Vs CNY11.84 BlnHONG KONG (Dow Jones)- Aluminum Corp. of China Ltd. (ACH), Chinas largest alumina and aluminum producer, said Monday its net profit last year fell 14% because of rising costs. |
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14 March
Stockholm,
Dow Jones
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Norsk Hydro Says Draft Legislation Will Hinder Devt In NorwaySTOCKHOLM (Dow Jones)- Norsk Hydro executive vice president for Energy, Jorgen C. Arentz Rostrup, said Friday "We have developed hydroelectric power in order to develop industry in Norway. We want to continue generating our own power, so that we can continue to produce aluminium. This proposal will make it more difficult to further industrial development in Norway." |
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14 March
Melbourne,
Dow Jones
|
Rio Tinto: Malaysia Government Approves Salco SmelterMELBOURNE -(Dow Jones)- Miner Rio Tinto PLC (RTP) said Friday the Malaysian government granted a manufacturing license for its proposed US$2 billion aluminum smelter project in Similajau, in Sarawak state. |
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14 March
Stockholm,
Dow Jones
|
Norsk Hydro Buys 45% Stake In Taiwanese Aluminium PlantSTOCKHOLM (Dow Jones)- Norsk Hydro said Thursday it has signed an agreement to acquire a 45% ownership stake in Famco, an aluminium remelt plant under construction in Taiwan. |
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12 March
Melbourne,
Dow Jones
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Rio Tinto:Bauxite,Alumina Unit 2007 Pro Forma EBITDA US$4.81 BillionMELBOURNE -(Dow Jones)- Mining giant Rio Tinto PLC (RTP) said Wednesday that its expanded primary metal, bauxite and alumina unit would have represented 23% of 2007 underlying earnings had it taken over Alcan at the beginning of the year. |
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11 March
Johannesburg,
Dow Jones
|
BHP Billiton To Part Close South African SmelterJOHANNESBURG -(Dow Jones)- BHP Billiton Ltd. (BHP) Tuesday said it plans to partially close its Bayside aluminum smelter in South Africa, focusing instead on two other plants in the region as it absorbs the impact of a nationwide power shortage. |
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10 March
London,
Dow Jones
|
Rio Tinto Begins Development On New TechnologyLONDON -(Dow Jones)- Rio Tinto Alcan announced Monday at the TMS 2008 Conference in New Orleans, USA that it has begun development on the next generation of its AP Technology series. |
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10 March
London,
Dow Jones
|
Alcoa Amazon Bauxite Mine Seen Producing 2.6M Tons/Yr By AugLONDON (Dow Jones)-U.S.-based aluminum company Alcoa Inc. (AA) expects its bauxite mine along the Amazon River in the town of Juruti, Brazil, to produce 2.6 million metric tons a year by August, with the possibility of expanding to 12 million tons in the future. |
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7 March
London,
Dow Jones
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Rio Tinto: Not Given Up On Coega Aluminum Smelter ProjectLONDON (Dow Jones)-Rio Tinto PLC (RTP) hasnt given up on its planned Coega aluminum smelter in South Africa and is still working to push the project forward, a company spokesman told Dow Jones Newswires Friday. |
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7 March
Singapore,
Dow Jones
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Chinese Aluminum Tube Exports Denied Rebates At Some PortsSINGAPORE (Dow Jones)-Exports of aluminum tube products are being denied tax rebates at two Chinese ports, shutting down some of the flow of aluminum tube exports out of the country, traders said Friday. |
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6 March
Melbourne,
Dow Jones
|
BHP Clears Regulatory Hurdle For US$2B Worsley ExpansionMELBOURNE (Dow Jones)-Mining giant BHP Billiton (BHP) has received final regulatory approvals for a US$2.03 billion expansion of its Worsley aluminum refinery in southwest Australia, which could see it boost production by one million tons a year by the end of 2010. |
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5 March
Shanghai,
Dow Jones
|
Chinalco To Build CNY3.7B Aluminum Foil Plant In SichuanSHANGHAI (Dow Jones)-Aluminum Corp. of China said it will invest CNY3.7 billion ($519.87 million) to build an aluminum foil plant in Sichuan province with an annual production capacity of 100,000 metric tons. |
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4 March
Moscow,
Dow Jones
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Alcoa, Government Of Quebec Reach New Renewable Power Agreement For Three Smelters In ProvinceAlcoa Inc. (AA) said Tuesday it would invest $1.2 billion to expand its output in Quebec as part of an agreement with the government on a new, renewable energy contract to supply all three of the companys aluminum smelters in the province Baie Comeau, Becancour and Deschambault through the year 2040. |
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3 March
Moscow,
Dow Jones
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Alcoa Merges Units Into New Wheel And Transportation Product UnitAlcoa Inc. (AA) merged its wheel products unit with its auto and truck structures business to strengthen its group transportation portfolio. |
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3 March
Moscow,
Dow Jones
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Azerbaijan Begins Construction Of Steel, Aluminum SmeltersMOSCOW (Dow Jones)-Azerbaijans President Ilham Aliyev has inaugurated the construction of a steel smelter and a new aluminum smelting facility in the city of Gyandja, the presidential press service said Monday. |
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3 March
Mumbai,
Dow Jones
|
India National Aluminium Hikes Prices By INR10,000/Ton -ExecMUMBAI (Dow Jones)-Indias state-run National Aluminium Company Ltd. (532234.BY) has raised its product prices by INR10,000 per metric ton, or 8%, for March, a senior company official said Monday. |