Aluminium International Today News

Australian bauxite plan put on hold

Published: September 02, 2010 by Greg Morris

Cape Alumina mining company said it had secured a 12-month extension to complete an environmental impact statement for its Pisolite Hills mine and port project in western Cape York, Queensland.

The extension was granted after Natural Resources Minister Stephen Robertson’s declaration…

Read more

India JV in Angul plan

Published: September 02, 2010 by Greg Morris

It will work with Industrial Infrastructure Development Corp-oration (Idco) to form a new company, Angul Aluminium Park, which will set up a downstream and ancillary complex on 200 acres of land.

The site will be located next to Nalco’s smelter. Idco will hold a 50.5% stake with Nalco…

Read more

Work stops at Orissa plant

Published: September 02, 2010 by Greg Morris

In a statement, Vedanta said the plant was attacked and property damaged. About 100 people had broken into the plant and ransacked offices.

Mr Subrat Kumar Sahu, a unionist, said the cause of the trouble were workers demanding to be paid after their wages were witheld.

When workers…

Read more

UC Rusal back in the black

Published: September 01, 2010 by Greg Morris

Russian group UC Rusal reported profit of $1.26bn for the first half of 2010, compared to an $868M loss in H1 2009.

The improved first-half results for the company, which battled a crippling debt load during the financial crisis, reflect the recovery in global demand for aluminium this…

Read more

Hydro starts Holsbru project

Published: August 31, 2010 by Greg Morris

It started blasting new feeder tunnels from the two lakes Holsbruvatn and Rausdøla to the old hydropower station at Tyin, Norway.

By building tunnels from Holsbruvatn and Rausdøla to the old power station at Tyin, Hydro will be able to use water resources that have not previously been…

Read more

Changes at Hydro

Published: August 27, 2010 by Greg Morris

He will follow Ola Sæter who will take over as head of Global Smelters in the Primary Metal business area, in a move that will strengthen the company's ability to develop its current portfolio and pursue new business opportunities.

Moss, currently executive vice president for Strategy…

Read more