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Extrusion report

The ‘Aluminium Bars, Rod and Extrusion’ report examines international trade and worldwide market trends.

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US can recycling rate hits 54.2% in 2008

The US aluminium can recycling rate reached 54.2% in 2008 – the highest recycling rate for any beverage container.

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Gas pipeline opens

Emirates Aluminium (Emal) and Gasco have opened a natural gas pipeline that will enable onsite power production at the world’s largest single site aluminium smelter, located near Abu Dhabi, UAE.

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Profit drop at ESS

ESS Dee Aluminium Indian group reported an 18% drop in net profit at INR180M ($3.7M) in the first quarter ended June 30. The company’s sales were up 33% at INRs1.3bn ($27M).

Nalco puts alumina plans on hold

India’s National Aluminium Co has put on hold commissioning of the expanded alumina capacity due to local problems, its chairman said.

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Chalco: Alumina output to fall this year

Aluminum Corp of China Ltd (Chalco) the world’s third largest aluminium producer, posted a RMB3.52bn ($514.9M) net loss for H1 2009 - its third consecutive quarterly loss.

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Cambodia withdrawal

BHP Billiton and Mitsubishi Corp have pulled out of a bauxite- mining plan in Mondulkiri, Cambodia following exploratory drilling and have cancelled plans to build an aluminium smelter in the region, officials said.

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Guinea bauxite project

Austral Coke and Projects said its Astra Energy Ltd subsidiary has bought 16 mining licences in Guinea in west Africa.

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