News

Lochaber sale agreed

Rio Tinto has reached an agreement to sell its assets at Lochaber, Scotland to SIMEC for consideration totalling $410 million (£330 million). The sale purchase agreement comprises the sale of Rio Tinto’s 100 per cent shareholding in Alcan Aluminium UK Limited which includes the operating smelter, the hydroelectric facilities at Kinlochleven and Lochaber as well as all associated land. Rio Tinto Aluminium chief executive Alf Barrios said “This is a value-creating sale for Rio Tinto and represents another example of refining our portfolio to focus on our suite of...

Auto line starts rolling

The new large facility at the aluminium company Hydro´s plant in Grevenbroich, Germany, got started recently: Hydro is producing first coils for customers at automotive line 3 (AL 3). This follows weeks of trials on how the new machines for EDT rolling, continuous annealing and coating of high-end car body sheet are working as such and as joint operations. Now first orders have been produced and shipped to automotive suppliers. Furthermore, first strip from AL 3 were sent to car makers in order to qualify products from the new facility.   “To get this challenging,...

Rusal sells Apart

UC Rusal has completed the sale of a 100% stake in Alumina Partners of Jamaica (‘Alpart’) to the Chinese state industrial group, JIUQUAN IRON & STEEL (GROUP) Co. Ltd. (‘JISCO’) for a USD 299 mln cash consideration. The divestment of Alpart does not affect Rusal’s 100% self-sufficiency in alumina. Vertical integration into efficient upstream assets remains one of the key pillars of Rusal’s strategy.   Alpart (Alumina Partners of Jamaica) is a large production complex in Jamaica, which uses its own bauxite mines to feed alumina production....

Alupro statement

The Aluminium Packaging Recycling Organisation (Alupro) is frustrated that the proposed options within the consultation on new packaging recycling business targets do not reflect the ambition of the aluminium sector to maximise recovery and recycling of this valuable material. Although the trajectory proposed should lead to the UK achieving the targets in line with the EU Circular Economy package, we are concerned that the momentum that has been achieved over recent years, and which has seen significant improvements in recycling performance for our material, could be undermined....

Norsk Hydro Board Change

Silvio Porto is appointed new Executive Vice President Bauxite and Alumina, and member of Hydro's Corporate Management Board. The change is effective as of December 13, 2016. Silvio Porto comes from the position as Chief Operational Officer (COO) in Bauxite and Alumina. He joined Hydro in 2014, when he was appointed plant manager for Hydro Paragominas bauxite mine. Porto has more than 30 years' experience from the aluminium industry with management positions in bauxite mining, alumina refineries and aluminium smelters. Porto replaces the interim head of Bauxite &...

EGA bauxite shipment

Emirates Global Aluminium has announced that the first bauxite bulk sample shipment from its mine under development in the Republic of Guinea has left from the port of Kamsar, bound for bauxite customers in China. The shipment of 55,000 tonnes is an important milestone in EGA’s programme to unlock Chinese and other markets for Guinean bauxite.  EGA is the largest industrial company in the United Arab Emirates outside the oil industry. Guinea Alumina Corporation, a wholly-owned subsidiary of EGA, is currently building a major  bauxite mine in Guinea in the largest...