Aluminium International Today News

Rio cuts Australian jobs

Published: May 01, 2009 by Greg Morris

It will slow expansion of the Yarwun refinery and the production of bauxite by 23% to 15Mt.

"At current prices around 70% of the industry is currently operating at a financial loss," Rio Tinto said. The cuts are in addition to the 14000 job losses that Rio Tinto announced in…

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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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