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Chalco delays investment in Australian refinery

Chalco has delayed a decision on the construction of a $2.2bn alumina refinery in Queensland, Australia due to market uncertainty.

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Altek buys Tardis

Altek Europe has bought J McIntyre (Machinery), the manufacturer of Tardis dross presses from its UK administrator.

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UC Rusal strikes Chinese deal

Russia’s UC Rusal has agreed a contract to sell 1.68Mt of aluminium to Chinese state defence firm Norinco between 2010 – 2016.

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Chinese production at record levels

China’s aluminium production continued increasing in September on the back of price rallies in the previous couple of months.

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Rio sells to Schweiter

Rio Tinto has sold its aluminium engineered products division to Swiss-listed Schweiter Technologies for $349M.

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India: demand to grow in 2010

India’s aluminium demand growth is expected to accelerate to 4-5% this year from 3% last year, helped by the power, automotive and construction sectors, an official at the Federation of Indian Mineral Industries (FIMI) said.

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Chinese election

The International Aluminium Institute (IAI) has elected Chinese producer China Power Investment Corporation (CPI) to membership of its group.

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Alba CEO

Aluminium Bahrain (Alba) has appointed Laurent Schmitt as its new Chief Executive to lead the company’s operations.

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