Auction for seized aluminum to be held in February, May
The first auction is scheduled for Feb. 19.
The first auction is scheduled for Feb. 19.
CBA is a vertically integrated, low-carbon aluminum business in Brazil. It is supported by a 1.6-gigawatt portfolio of renewable power generation assets, including 21 hydropower plants and wind power complexes.
There’s a lot of news to keep track of. So we’re here to lend a hand with a summary of recent news.
AMU contributors Greg Wittbecker and Edward Meir spoke on a wide range of topics during a Community Chat on Thursday, Jan. 22.
“There's absolutely no doubt that aluminum will be a growth platform for us going forward,” said Mark Millett, co-founder, chairman & CEO of the Indiana-based steelmaker.
“Both parties will now solely focus their greenfield development efforts in the United States on the Inola, Okla., site,” the companies said in a press release.
The smelter is expected to be fully ramped up by end of the year, the mining company said.
The move comes as pressure is increasing to keep scrap at home but US tariff exemptions have made exports more appealing.
The soaring Midwest premium, scrap bans, tariffs and geopolitical issues—we have plenty to talk about in 2026.
Trade deals, substitution, and the Midwest premium in the year ahead