News

New Outotec CEO

Outotec's Board of Directors has appointed Mr. Markku Teräsvasara (51) as Chief Executive Officer. He will commence in his new position on November 1, 2016 at the latest.

Markku Teräsvasara is currently President of Atlas Copco's Mining and Rock Excavation Service Division. He has been employed by Atlas Copco since 1997.

"Markku Teräsvasara has long experience in the equipment and service businesses within the mining industry. Before his current position, he was leading Atlas Copco's Surface Drilling Equipment Division based in China. He has...

Aluminium Hive

The Hive in Kew Gardens will bring 17,000 aluminium bars to London

Artist Wolfgang Buttress describes the amplified sound of bees communicating as “haunting” and he has built The Hive, a 17m-high swarm of aluminium among a wildflower meadow where visitors can hear a honeybee chorus beamed direct from a hive and see it transformed into a pulsating light display. 

The Hive started out as the British offering to last year’s world expo in Milan, where more than three million visitors experienced it before it was taken down and shipped back to the UK....

Rio Tinto unveils new organisational structure and executive team to drive performance

Rio Tinto will strengthen its organisational structure to continue to drive performance under its new chief executive Jean-Sébastien Jacques.

From 2 July 2016, Rio Tinto’s product group structure will be adjusted to better align the Group’s assets with the business strategy to help drive further efficiencies and optimise performance. The Group’s world- class assets will be firmly at the centre of the business and will be supported by efficient and agile global functions.

Jean-Sébastien Jacques said “In the face of testing times for the...

Talex casthouse operational

The Talex casthouse, which started operating in February 2016, was built as a turnkey plant by Hertwich Engineering. After the (now completed) first expansion stage the annual output will be around 30,000 to 40,000 tonnes of extrusion billets.

In the first expansion stage Talex set up two extrusion lines and a casthouse for extrusion billets. In addition to recycling scrap from the company’s own production and scrap from the co-operation partner Gulfex also molten metal from the adjacent smelter will be processed. 

The material supplied by Hertwich includes a...

20th Arabal to focus on solutions for global challenges

Top executives from primary aluminium smelters in the Gulf region will participate at the 20th Arab International Aluminium Conference (Arabal 2016) in Dubai, UAE, from 22 to 24 November 2016 as part of an industry keynote panel discussion.

Emirates Global Aluminium (EGA) – the largest primary aluminium producer in the Gulf – is host of the two-day conference, which has adopted the theme ‘Global Challenges – Seeking Solutions’, this year marking the sixth time that EGA will have hosted the event.

Commenting on his own participation in the...

Egrilmezer to leave Sapa

Tolga Egrilmezer, executive vice president responsible for strategy and business development, has decided to leave Sapa.

He will stay on until October 31, at the latest, to ensure a good transfer of knowledge to the organisation.

"Leaving Sapa was a difficult decision to make. I have been a part of a unique journey for more than 14 years. After a successful integration (with Hydro Extruded Products), Sapa is entering a new phase in its development and I felt that this was a natural time for me to make a change, allowing me to spend more time with my family back in the...

Noranda agreement

Noranda Aluminum Holding Corporation (Noranda) has entered into an asset purchase agreement with Gränges AB, under which a subsidiary of Gränges will serve as the "stalking horse" bidder for Noranda's Flat-Rolled Products business in a court-supervised sale process designed to maximise the value of such business. 

The agreement values the Flat-Rolled Products business at $302.5 million, on a debt-free, cash-free basis. If other qualified bids are submitted, the Company will conduct an auction pursuant to section 363 of U.S. Bankruptcy Code.  The...

Alro invests in reducing energy dependency

Alro S.A. has an investment programme of over USD 53 million, for 2016, focused on increasing energy and equipment efficiency and on expanding portfolio, increasing competitiveness and product quality.

"Alro has a constant strategy for reducing energy consumption, in order to preserve the operational efficiency on a highly competitive international market," said Gheorghe Dobra, General Manager of Alro. ”The investments we have made, both in equipment and in research and development have enabled us to achieve one of the highest levels of energy efficiency in the...

30,000th Combilift handed over at CeMAT

Combilift Ltd, the Irish specialist manufacturer of multidirectional forklifts, straddle carriers and other handling solutions for long loads, containers and palletised goods recently celebrated a milestone in the company’s history. 

The 30,000th Combilift to roll off the production lines in Monaghan was officially handed over to its new owner during the CeMAT materials handling and logistics trade fair in Hanover, Germany.  

Managing Director Mr. Arno Sorger accepted the Combilift C14000 model on behalf of Haslinger Stahlbau, one of the major Steel...