A municipal government in the Northwestern Chinese province of Shaanxi gave the go-ahead to a 4.8-million-metric-ton-per-annum alumina refinery to East Hope Group despite its reputation for operating illegal and pollution-prone capacity in the recent past. Under the subsidiary of Yulin Dongneng New ... Read More
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National Aluminium Company (Nalco) exited FY2019 as the world's most frugal cost producer of bauxite.While the navratna firm was previously adjudged the lowest cost producer of alumina globally by Wood Mackenzie, it added the rare feat of being the most competitive bauxite producer in last fiscal. ... Read More
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Norwegian aluminium firm Norsk Hydro ASA subsidiary Hydro Aluminium Rolled Products GmbH has become the most recent firm to be certified against the Aluminium Stewardship Initiative (ASI)’s Performance Standard for environmental, social, and governance performance. The ASI made the announcement on ... Read More
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Russian aluminum giant Rusal has resumed supplies to the U.S. market and aims to win back customers it lost due to sanctions by about September when the industry seals supply contracts for 2020, its chief executive said. Last autumn, Rusal, the world's largest aluminum producer outside China, missed ... Read More
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In a move that places it ahead of now-former second-place firm U.C. Rusal, the People’s Republic of China’s Aluminum Corp of China Ltd (Chalco) said on Friday that it bumped up total production by 18 percent over the course of last year, making it the second-most-prolific aluminium producer on Earth... Read More
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Novelis Inc, a United States-based company specializing in industrial aluminum, is confident in the potential of China's automotive market despite its sales dip last year, expecting rising demand from the country's growing number of new energy vehicles and tougher rules on gasoline car emissions. ... Read More
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Relief may be on the way for Vedanta’s Jharsuguda unit after the state’s high court ordered National Aluminium Company (Nalco) to permit the firm to participate in a tender for surplus alumina. The suit in question is the latest effort in a campaign by Vedanta to gain access to Nalco’s alumina ... Read More
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A week after suffering a crippling ransomware infection, Norwegian aluminum producer Norsk Hydro estimates that total losses from the incident have already reached $40 million. The company said most of this estimate consists of lost revenue, especially from its Extruded Solutions business division... Read More
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Anti-trust regulators in the European Union said yesterday that they had opened an investigation into the proposed US$2.6 billion purchase of Atlanta’s rolled-aluminium firm Aleris by rolled and recycled aluminium firm Novelis Inc. In comments made by Europe’s antitrust chief Margrethe Vestager, the ... Read More
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A pair of aluminium producers in the People’s Republic of China announced additions in capacity totaling 205 thousand metric tons per annum late last week. According to an unnamed source who spoke with Shanghai Metals Market Both projects come as imports of bauxite ore continue to rise. Numbers ... Read More
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