Aluminium International Today News


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…

Read more

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…

Read more

Workers lose jobs

Published: January 01, 2009 by Greg Morris

Its local subsidiary the Bauxite Company of Guyana, confirmed that 52 employees from the administrative department of the company had been cut, but said persons directly involved in mining and maintenance were, so far, not affected.

Read more