Aluminium International Today News

Chalco profit returns

Published: November 01, 2009 by Greg Morris

Net income was RMB21.3M ($3M) for the three months ended September 30, down 88% from RMB173M ($25.3M) a year ago, the Beijing-based company said. Sales dropped 11% to RMB17bn ($$2.4bn).

Chalco reduced output after aluminium prices fell 35% last year. Chalco operated at 90% of its…

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EU to impose dumping charges on three countries

Published: November 01, 2009 by Greg Morris

It said in its decision that the duties were up to 30% as a punishment to Chinese exporters for selling the product at below cost, or dumping. The tariffs on Brazilian products are 17.6%, Armenia’s are 13.4%.

The EU accepted an offer by Brazil’s Companhia Brasileira de Aluminio to sell…

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Alcoa commissions Brazilian mine

Published: November 01, 2009 by Greg Morris

The operations consist of a port, a mine and a 50km rail system to the port. Initial output at the mine will be 2.6Mt/y.

Bauxite from Juruti will be shipped to the Alumar alumina refinery in Sao Luis, Brazil which is undergoing a 2.1Mt/y expansion that will bring total production to…

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US October production down

Published: November 01, 2009 by Greg Morris

According to the Aluminium Association the annual rate of production rose 2.2% over the September 2009 annual rate of 1.5Mt. The year-to-date annual rate of production for 2009 was 1.7Mt, down 35.4% from the 2008 annual rate of 2.7Mt.

Participating companies account for 100% of US…

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Chinese direct power deal approved

Published: November 01, 2009 by Greg Morris

It paves the way for a pilot project launched in March this year to be carried out in major aluminium-producing regions.

According to the deal between Fushun Aluminium Smelter, a wholly-owned subsidiary of Chinalco in Liaoning Province, and Huaneng Yimin Power Plant in Inner Mongolia,…

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Mexican contract

Published: November 01, 2009 by Greg Morris

The refurbishment at its Tulpetlac facility will replace the existing mill controls with a Fata Hunter ‘h System’ mill automation package.

Almexa said it would improve the gauge accuracy and flatness of the rolled products and increase overall mill efficiency. The project also includes…

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