Aluminium International Today News

Nalco avoids production cut

Published: May 01, 2009 by Greg Morris

The company, which maintains an average monthly inventory level of 5kt of metal had stocks of 20kt at the beginning of last month as demand dropped following the global economic slowdown.

Bangalore-based Jindal Aluminium is one downstream company that buys the metal from…

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Anrak gains land for Indian plant

Published: March 02, 2009 by Greg Morris

The company would spend about Rs800bn ($15.4bn) to set up a 1.5Mt capacity refinery besides 250kt capacity smelter and 90MW gas-based captive power plants at Makavaripalem near Visakhapatnam, Andhra Pradesh.

“APIIC has acquired nearly 2100 acres from farmers at Makavaripalem for the…

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Alcoa in Henan Province aluminium partnership

Published: March 02, 2009 by Greg Morris

Alcoa will deploy energy-saving and emissions reducing technologies, bauxite residue disposal and aluminium recycling, to achieve growth in the region.

Under the terms of the agreement Alcoa will work with Henan as a strategic ally on identifying value-added projects for alumina,…

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Vimetco cuts production in China and Romania

Published: March 02, 2009 by Greg Morris

It said it was cutting production by a further 50kt/y and is now operating at 360kt/y out of a possible 660kt/y - about 60% of its capacity.

It has also delayed on planned new projects in China but said its 300MW power plant and new cast house in China’s Henan Province, for primary…

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China lifts ban on toll trade

Published: March 02, 2009 by Greg Morris

The authorities said the move was aimed at maintaining stable growth of the country’s foreign trade – one of the main engines of economic growth.

Under the policy, Chinese companies would be exempted from customs duty and get VAT fully refunded on importing certain semi-fabricated…

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