Join our group
Published by
Alcoa pulls out of auto cast business
Alcoa is to exit the auto cast wheels business and will close its Beloit, Wisconsin, USA plant by 1 June this year.
Mozal smelter reports loss
Mozambique's $2.5bn Mozal aluminium smelter reported a loss of $115M for the 2008 financial year and will have to cut staff due to the economic slowdown.
EAFA re-elections
Fred McDonogh, Hydro Aluminium’s Head of Business Unit Foil, has been re-elected President of the European Aluminium Foil Association (EAFA) for a second term.
Aluminium drinks cans recycling slow-down
Current market conditions are affecting deliveries for recycling of aluminium drinks cans, according to industry organisation Alupro.
Production cut
Rio Tinto is cutting production at its Weipa bauxite mine in Queensland, Australia by 9% in response to weaker demand.
Chinalco is to invest $19.5bn in cash in the Rio Tinto mining group.
The move will see Chinalco increase its share in Rio to 18% from its current 9% and investment in aluminium, copper and iron ore joint ventures totalling $12.3bn.
UC Rusal cuts output by 11%
UC Rusal will cut 11% of its annual aluminium output, 30% of alumina output and 5% of its staff as it tackles the global economic crisis.
Page 163 of 195 pages
‹ First < 161 162 163 164 165 > Last ›