Aluminium International Today News

IAI climate call

Published: April 12, 2010 by Greg Morris

It said addressing climate changes should be based on a bottom-up approach that encourages participation at all levels.

IAI Chairman and Deputy CEO of UC Rusal Artem Volynets said: “The IAI is ready to work with international agencies to develop suitable programmes and mechanisms for…

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China raises power price

Published: April 12, 2010 by Greg Morris

It means aluminium smelters will have to pay an extra RMB400/t ($58/t) of primary aluminium produced, if they do not have a captive power plant.

But it remains unclear whether the price hike will be the same in all regions. Currently, the average production cost for a Chinese aluminium…

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Casting machine seals rod stubs

Published: April 12, 2010 by Greg Morris

The machine is designed to relieve the operator of the more tedious repetitive parts of this task, whilst continuing to provide manual control over the potentially hazardous operation of pouring molten metal.

The machine runs on rail tracks and on command will move automatically to the…

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Dross delivers Italian furnace

Published: April 12, 2010 by Greg Morris

The furnace with a capacity of 11m3 has a rear-tap out system, high temperature lined hood and ducting, and a twin burner system.

Following expansion into secondary aluminium recycling OCMA placed an order for a new furnace last year. The furnace was delivered in November and is planned…

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Alcoa reports Q4 loss of $277M

Published: April 12, 2010 by Greg Morris

While the Q4 loss is not as steep as its $1.2bn Q4 loss a year earlier, the aluminium maker’s results show that it has not roared back into profitability yet, despite massive restructuring, layoffs, idling of plants and steep cuts in capital spending and dividends.

Ever since the final…

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Cost reductions at Hydro

Published: April 12, 2010 by Greg Morris

The cost-improvement programme aims to reduce operating costs by $100/t aluminium in 2012 compared to the 2009 level. 90% of the improvement is expected by end 2011. The improvement excludes Qatalum and impact of raw material prices.

It is selling its Spanish 30kt/y rolling mill in a…

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