Braidy Industries must raise $300M in 4 months or risk losing ...Wed, 17 Jul 2019 00:00:00 GMT
According to reports, Braidy Industries has about four months to raise $300 million in equity capital to help finance a $1.7 billion aluminium rolling mill in Eastern Kentucky or risk losing a sizeable investment it already has secured. In a U.S. Securities and Exchange Commission filing
Russia: ChMK shuts down blast furnaceWed, 10 Jul 2019 00:00:00 GMT
Bratsk Aluminum Works has finished the reconstruction of a mud basin. The work started in 2012. Now instead of the basin grass is growing there. The basin was operating since 1978. BrAZ uses mud to produce coal concentrate and graphite briquettes. At present the company processes over half of wastes. It aims to process all
Bosnias ailing Aluminij shuts down operationsWed, 10 Jul 2019 00:00:00 GMT
Bosnias heavily-indebted aluminium producer Aluminij Mostar shut down operations early on July 10 after recent bail-out talks between the government of the Federation of Bosnia and Herzegovina and potential investors failed, local media has reported. The power supply to Aluminij was cut
South32 updates Worsley mine expansion planTue, 09 Jul 2019 00:00:00 GMT
South32 Worsley Alumina has submitted a revised proposal to the Environmental Protection Authority (EPA) regarding the expansion of its Worsley mine in Western Australia.
Alcoa Corporation Provides Update on Avils and La Corua Plants ...Mon, 08 Jul 2019 00:00:00 GMT
Alcoa Corporation has signed a conditional share purchase agreement with private equity investment firm PARTER Capital Group AG, based in Schindellegi, Switzerland, to acquire the Alcoa Avils and La Corua aluminium plants in Spain. The plants include the casthouses at both facilities and
Rio Tintos Icelandic aluminium plant attracts Glencore - sourcesFri, 05 Jul 2019 00:00:00 GMT
According to reports, at least three companies including Glencore (GLEN.L) have expressed an interest in buying Rio Tintos aluminium assets in Iceland, Sweden and the Netherlands for up to $350 million. Rio Tinto restarted the sale process for the assets in late 2018, with the help of
Kern Portal in Oslo chooses aluminium with world class low carbon ...Thu, 04 Jul 2019 00:00:00 GMT
One of the largest development projects in Norway, the kern Portal, is using Hydros Circal 75R aluminium as facade material in its new, innovative o ...
Non-ferrous metals market continues to remain in deficit: ICRAWed, 03 Jul 2019 00:00:00 GMT
As per an ICRA note, the slowdown in production growth of aluminium and copper was in turn a result of capacity constraints, which is unlikely to improve significantly in CY2019.
HAI now a member of the Aluminium Stewardship Initiative (ASI)Wed, 03 Jul 2019 00:00:00 GMT
Hammerer Aluminium Industries (HAI) from Ranshofen, became an official member of the Aluminium Stewardship Initiative (ASI) in June 2019. The strictest industrial standards with regard to responsible company management and the fulfilment of high environmental and social standards convinced
Alcoa announces planned restart, new labour contract for Aluminerie ...Wed, 03 Jul 2019 00:00:00 GMT
Alcoa Corporation, a global leader in bauxite, alumina, and aluminium products, announced that the Aluminerie de Bcancour Inc. (ABI) smelter plans to restart curtailed smelting capacity after members of the United Steelworkers union in Qubec, Canada today approved a six-year labour
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