Daily alumina production dropped in most regions, IAI reports
Alumina is the biggest cost to an aluminum smelter, closely followed by power.
Tag: Bauxite
Alcoa to take staid approach to portfolio
Current leadership is sticking to a conservative approach that optimizes its existing portfolio, while steadily improving the balance sheet.
The third coming of Indonesia in aluminum
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.
Rio Tinto reports record bauxite production but tariffs still sting
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.
Hydro Extrusions production recertified by ASI
The recertification, which is valid for three years, includes the company’s ingot casting, rolling of aluminum coils and strips, extrusion, fabrication and surface finishing, and the manufacturing of aluminum tubes.
Week-in-review: Smelters, scrap, and a squeeze play
Terminal markets firmed up amid new smelting announcements, tightening bauxite expectations, and jittery macro signals.
Alcoa makes $2.2 billion bid for Australian partner Alumina
Pittsburgh-based aluminum company Alcoa wants to acquire its Australian partner, Alumina Limited, in an all-stock deal valued at $2.2 billion.