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30 May
Hong Kong,
Dow Jones
|
Chalco To Add 880,000 Tons Alumina Capacity In June SourceHONG KONG (Dow Jones)-Aluminum Corp. of China Ltd.'s (ACH) Pingguo plant in the Guangxi Zhuang Autonomous Region will add 880,000 metric tons of alumina output capacity at the end of June, a company official said Friday. |
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29 May
Moscow,
Press release
|
McKinsey study: Global demand for aluminum to grow faster than expectedMcKinsey study indicates that, looking towards 2025, global demand for aluminum is likely to grow faster than GDP growth and will total approximately 90 million metric tons by 2025. This latter figure represents more than double the demand recorded by the industry in 2007, and is also 20% higher than the figure previously expected by industry analysts and participants. The main demand drivers will be infrastructure and business construction in developing economies, particularly in China, but also in other emerging regions, such as India and the Middle East. |
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28 May
Shanghai,
Dow Jones
|
Chalco To Sell CNY5 Bln 3-Year Bonds June 4SHANGHAI (Dow Jones)-Aluminum Corp. of China Ltd. (ACH), or Chalco, said Wednesday it will sell CNY5 billion worth of three-year bonds on June 4 and CNY5 billion worth of five-year bonds in the fourth quarter. |
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27 May
London,
Dow Jones
|
Rusal Wants Independent Chairman At NorilskLONDON (Dow Jones)-Russias United Co. Rusal, the owner of 25%-plus-two shares in Russian mining giant OAO Norilsk Nickel (GMKN.RS), wants changes to Norilsks board structure and an independent chairman, while questioning current Norilsk policy and strategy. "We consider it appropriate to change the current structure of the board to make it balanced and to have directors, representing interests of all three groups of shareholders equally," Rusals Director of Corporate Strategy Artem Volynets told Dow Jones Newswires Tuesday. |
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22 May
London,
Dow Jones
|
UC Rusal To Expand Irkutsk Casthouse To Meet Smelter NeedsLONDON (Dow Jones)-United Co. Rusal, Russias largest aluminum and alumina producer, said Thursday it plans to expand capacity at the Irkutsk aluminum smelters casthouse, to bring it in line with a recent expansion at the plant. |
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20 May
Mumbai,
Dow Jones
|
India National Aluminium Ups Pdt Prices By INR8,000/Ton-ExecMUMBAI (Dow Jones)-Indias state-run National Aluminium Co. hiked product prices by INR8,000 per metric ton over the weekend, a senior company official said Tuesday. |
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15 May
Dow Jones,
Sydney
|
Rio Tinto Cuts New Zealand Aluminum Smelter Output By 2,900 Tons/MonthSYDNEY -(Dow Jones)- Rio Tinto Ltd. (RIO.AU) will lower aluminum output at its 350,000-metric-ton Tiwai smelter in New Zealand by around 2,900 tons a month, in a move to conserve energy as dam levels for hydropower generation drop to worryingly low levels. |
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14 May
London,
Dow Jones
|
UC Rusal Says First Metal At New Taishet Smelter Seen End 09LONDON (Dow Jones)-United Co. Rusal, Russias largest aluminum and alumina producer, said Wednesday it expects first metal from its Taishet aluminum smelter to be produced in 2009, boosting the companys total annual production capacity by 18%. |
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13 May
Moscow,
Dow Jones
|
Rio Tinto CEO: Output To Rise 8% A Year Across CommoditiesLONDON -(Dow Jones)- Rio Tinto PLC (RTP) Chief Executive Tom Albanese Tuesday forecast the mining giants production would grow more than 8% across all commodities through 2015 as new projects come on line. |
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13 May
Moscow,
Dow Jones
|
Russias Rusal Appoints Onexim CEO Razumov To Its BoardMOSCOW (Dow Jones)-Russias largest aluminum and alumina producer United Co. Rusal Tuesday said it has appointed Onexim Groups Chief Executive Dmitry Razumov to its board. |
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13 May
Moscow,
Dow Jones
|
Alumina: Finance Unit To Raise Around US$300 MillionSYDNEY -(Dow Jones)- Alumina Ltd. (AWC.AU) said Tuesday its wholly owned finance subsidiary, Alumina Finance Limited, has launched a convertible bond offering to raise approximately US$300 million. |
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9 May
Stockholm,
Dow Jones
|
Norsk Hydro Buys Alumafel In Spain For EUR77 MillionSTOCKHOLM -(Dow Jones)- Norsk Hydro Friday said it has agreed to acquire the privately owned Alumafel Group, a Spanish provider aluminum building systems, for EUR77 million. |
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8 May
Moscow,
Dow Jones
|
Kaiser Aluminum 1Q Net $39.1 Million On Derivative GainsKaiser ALuminum Corp.'s (KALU) first-quarter net income jumped to $39.1 million, or $1.92 a share, from $17.1 million, or 85 cents a share, a year ago, aided by "significant" unrealized mark-to-market gains on hedging derivative transactions. |
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8 May
Moscow,
Dow Jones
|
Alcoa Names President, Operating Chief Kleinfeld As CEOAlcoa Inc. (AA) named its president and chief operating officer, Klaus Kleinfeld, as chief executive to succeed Alain Belda, who will continue as chairman. |
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7 May
Paris,
Press Release
|
New low emission buses for Singapore built with Rio Tinto Alcan aluminium lightweight technologyAlcan Extruded Products, part of Alcan Engineered Products a business unit of Rio Tinto Alcan, is pleased to announce that it is supplying the aluminium extrusions, sheets and joining elements for a series of 500 low-floor city buses for Singapore. This significant order is the starting point for the on-going replacement of SBS Transit, the local public transport companys bus fleet of 2,700 vehicles. |
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7 May
Singapore,
Dow Jones
|
ALCOA Plans Meeting With Vietnam Govt To Discuss Alumina JVAlcoa Inc. (AA) plans to meet with the Vietnamese government to discuss a new government directive that will allow Alcoa a 40% stake in a domestic joint venture, a company spokesperson said Tuesday. |
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6 May
Hanoi,
Dow Jones
|
Vietnam Permits Alcoa To Take 40% Stake In Alumina JVHANOI (Dow Jones)-Prime Minister Nguyen Tan Dung has agreed to allow the countrys largest mining firm Vinacomin to offer Alcoa Inc. (AA) a 40% stake in a joint venture to produce 600,000 metric tons of alumina a year from the central region, the government said Tuesday on its Web site. |
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1 May
Melbourne,
Dow Jones
|
BHP Approves US$1.9 Billion Worsley Alumina ExpansionMELBOURNE -(Dow Jones)- BHP Billiton Ltd. (BHP.AU) has approved a US$1.9 billion expansion of its Worsley alumina refinery in Western Australia in a move analysts said signals its confidence in the aluminum outlook as well as a desire to limit rival Rio Tinto Ltd.'s (RTP) dominance of the sector. |