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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.
Altek buys Tardis
Altek Europe has bought J McIntyre (Machinery), the manufacturer of Tardis dross presses from its UK administrator.
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.
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.
Rio sells to Schweiter
Rio Tinto has sold its aluminium engineered products division to Swiss-listed Schweiter Technologies for $349M.
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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