The CRU World Aluminium Summit will bring many of the leading voices together from around the world to share expert insights into the forces driving the industry.
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.
Let’s unpack the facts behind this move.
Alumina is the biggest cost to an aluminum smelter, closely followed by power.
Current leadership is sticking to a conservative approach that optimizes its existing portfolio, while steadily improving the balance sheet.
Indonesia is grabbling a lot of attention these days, thanks to ambitious plans by Chinese investors to bet big on aluminum smelting. This is not the first time that Indonesia has captured the attention of the aluminum industry.
The world’s second-largest miner by market value said it now expects the aluminum raw material to hit the higher end of its full-year guidance range, the company said in its second quarter production report.
Terminal markets firmed up amid new smelting announcements, tightening bauxite expectations, and jittery macro signals.
Pittsburgh-based aluminum company Alcoa wants to acquire its Australian partner, Alumina Limited, in an all-stock deal valued at $2.2 billion.