Top 10 News

Rio Tinto completes Yarwun expansion

Rio Tinto PLC said Monday it had completed construction on the 2.4 billion Australian dollar (US$2.45 billion) expansion of its Yarwun alumina refinery in eastern Australia, and has begun the process of ramping up to full production next year.Read More

Qatalum opens registration for ARABAL 2012

Qatalum has announced the agenda of the 16th Arab International Aluminium Conference (ARABAL 2012), which will be held in Doha from the 19th - 21st November 2012.Read More

Flagship industrial project adds foundry ingots to Emal product portfolio

EMAL has announced the launch of a new added value product in 2012: foundry aluminium which is mainly used in the automotive sector. The addition of foundry to Emal's portfolio is part of its long term vision of producing more value added products as it develops into one of the world's largest single-site aluminium smelters.Read More

Hindalco FY12 consolidated net up 38% to Rs 3,400 cr

Aditya Birla Group flagship Hindalco today reported a 38% rise in consolidated net profit in FY'12 at Rs 3,397 crore on good show by subsidiary, Novelis and copper business in India.Read More

Alcoa CEO: Demand for Aluminum Growing

Europe is a "big question mark" for commodity markets but at the same time demand for aluminum is strong, Klaus Kleinfeld Alcoa Chairman and Chief Executive Officer, told CNBC on Friday at the Saint Petersburg International Economic Forum.Read More

Aluminium prices low but Indian companies getting high premiums

Even as Vedanta and Nalco bagged higher premiums for the lightweight metal, signalling a tightening market and limited metal availability, Novelis' new $100 million plant in China is set to boost demand.Read More

Shanghai aluminium prices down as Henan cuts power fees

* Henan cuts power fees by 0.08 yuan/kwh to smelters

* Cutting costs by about 1,000 yuan/T; Shanghai prices fall (Releads, adds details, background)Read More

Alcoa Opens Aluminium Pot Repair Shop that Will Be Run by VHE

On Saturday 9th June 2012 Alcoa Fjardaal formally commissioned its new Pot Repair Facility. Oddny G. Hardardottir, Finance Minister and acting Industry Minister, and Jenne Sigurdsson, CEO of Alcoa Fjardaal, officially opened the facility in the presence of town councillors from the region.Read More

Indonesia bauxite tax disrupts Asia aluminium

Reuters reported that Indonesia's imposition of an export tax on 14 minerals is disrupting Asia's aluminium markets but the news for producers outside China may not be all bad.Read More

Average aluminium price to reach $2,200 a tonne by 2012-end

Russia's RUSAL, the world's biggest aluminium producer, is prepared to cut output and costs this year to support prices, which could recover in 2013 if China also reduces production, a senior executive told Reuters.Read More