All about aluminium

30 June Moscow, Media	Aluminum prices may rise 12% According to UBS AG, aluminum prices may rise 12 percent next year as the higher cost of coal makes production more expensive. It forces smaller plants to close.
27 June Bangalore, Dow Jones	Tata, Nalco To Ink JV For S Africa Aluminum,Pwr Plants -Report BANGALORE (Dow Jones)-India’s state-run National Aluminium Co. Ltd. and the Tata Group are set to sign a joint venture agreement to set up an aluminum smelter and a power plant in South Africa at a cost of $3 billion, the Financial Express reported Friday, citing unnamed sources.
25 June Chicago, Dow Jones	Aluminum Prices Could Reach $4,000/Ton By Year End — Analysts CHICAGO -(Dow Jones)- Constricted supplies and robust world demand could push aluminum prices up to $3,600-$4,000 per metric ton by the end of the year and $4,250-$4,500/ton by the end of 2009, industry analysts said.
24 June Mumbai, Dow Jones	National Aluminium Sells 30,000 Tons Alumina At $457.57/Ton MUMBAI (Dow Jones)-India’s state-run National Aluminium Co. sold 30,000 metric tons of alumina in a spot tender at $457.57/ton, free on board, a senior company official said Tuesday.
23 June Mumbai, Dow Jones	National Aluminium Production Hit By Coal Shortage — Exec MUMBAI (Dow Jones)-India’s state-run National Aluminium Company Ltd.'s daily aluminum production was down by nearly 30% in the last four days due to a shortage of coal supply to power its smelter, the chairman and managing director of the company said Monday.
20 June London, Dow Jones	Alcoa: Sold 10% Stake In Ghana’s Valco Smelter To Government LONDON -(Dow Jones)- U.S. aluminum producer Alcoa Inc. (AA) has sold its 10% stake in Ghana’s Volta Aluminum Company, or Valco, a company spokesman told Dow Jones Newswires Friday.
20 June Singapore, Dow Jones	Alcoa Cuts 120,000 Tons Aluminum Output On High Power Prices SINGAPORE (Dow Jones)-U.S. aluminum producer Alcoa Inc. (AA) will immediately cut aluminum output at its Rockdale smelter in Texas by half, or approximately 120,000 metric tons, on account of rising energy prices, the company said in a press statement.
18 June Moscow, Press Release	UC Rusal invests more than USD 2 million to find new uses for aluminium Moscow, 18 June 2008 – UC RUSAL, the world’s largest aluminium and alumina producer, has announced plans to invest more than USD 2 million to find the best new applications for aluminium and to develop innovative products. As part of this Global Technology and Innovation Research Project UC RUSAL and the International Aluminium Institute (IAI) are inviting leading universities and research centers from around the world to apply for the funding of innovative research projects.
18 June Bangalore, Dow Jones	Hindalco Industries Considering $1B Rights Issue — Report BANGALORE (Dow Jones)-India’s Hindalco Industries Ltd. (500440.BY) is considering a rights issue worth nearly $1 billion to part finance the acquisition of rolled aluminum products maker Novelis Inc., the Economic Times reported, citing unnamed sources.
17 June Melbourne, Dow Jones	Rio Tinto Launches Study Into US$1B Bauxite Mine MELBOURNE (Dow Jones)-Rio Tinto Ltd. (RTP) said it is set to begin a study into a new US$1 billion bauxite mine south of its existing operations at Weipa in the Australian state of Queensland.
17 June London, Dow Jones	Vimetco Says Primary Aluminum Sales In Line With Expectations LONDON (Dow Jones)-Netherlands-based aluminum producer Vimetco NV (VICO.LN) said Tuesday its overall sales volumes for the year-to-date are in line with expectations, company chairman Pierre Baillot said in a speech released ahead of the company’s annual general meeting.
16 June London, Dow Jones	Worsley Alumina Operations Back To Normal As Gas Secured-BHP LONDON -(Dow Jones)- BHP Billiton Ltd’s (BHP) operations at its Worsley alumina refinery in Australia have returned to normal after extra gas was secured, a spokesman said Monday.
11 June Sydney, Dow Jones	Alcoa WA Alumina Output Steady, Force Majeure Precaution SYDNEY -(Dow Jones)- Production at Alcoa Inc.'s (AA) alumina joint venture operation in Western Australia is only marginally lower, and the company’s force majeure on alumina deliveries is a precautionary measure only at present, a company spokesman said Wednesday.
8 June St. Petersburg, Dow Jones	Russia’s Rusal To Invest Over $300M In Trans-Shipment Complex ST. PETERSBURG, Russia (Dow Jones)-Russia’s United Company Rusal, the world’s largest aluminum producer, said Sunday it will invest over $300 million into the construction of a trans-shipment complex.
7 June St. Petersburg, Dow Jones	Rusal Appoints Samsonov As Director For Control ST. PETERSBURG (Dow Jones)-Russia’s United Company Rusal, the world’s largest aluminum producer, said Saturday it appointed Vitaliy Samsonov from Russia’s metals and mining company Metalloinvest as its director for control.
6 June Sydney, Dow Jones	Alcoa W Australia Plants Output Unaffected By Gas Supply Cut SYDNEY (Dow Jones)-U.S. aluminum producer Alcoa Inc.'s (AA) plants in Western Australia are operating at full capacity, even after a force majeure declared by natural gas-supplier Apache Corp. (APA)
4 June Shanghai, Dow Jones	Chalco Cuts Alumina Price By 17% SHANGHAI (Dow Jones)-Aluminum Corp. of China Ltd. (ACH), or Chalco, Tuesday cut its spot alumina price for the first time this year, following similar reductions by its rivals amid expanding domestic production capacity.
2 June London, Dow Jones	Aluminum Demand At 90M Tons By 2025 — McKinsey Global aluminum demand is likely to grow faster than GDP growth and total around 90 million metric tons by 2025, says McKinsey & Company. This is more than double demand in '07 and +20% higher than market consensus, McKinsey notes.

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