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Nalco aims for huge turnover
Indian government-owned National Aluminium Company (Nalco) aims to reach a turnover of INR250bn ($5.5bn) by 2020.
Innovatherm appointments
German company innovatherm has appointed Detlef Maiwald as managing director. He will have responsibility for the technical and sales divisions within the board of directors.
$5.6bn Qatalum plant ‘on time and on budget’
The first aluminium will roll out of Qatalum, a $5.6bn Qatar Petroleum-Hydro joint venture, before the year-end.
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.
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