News

Alcoa separation progress

Lightweight metals leader Alcoa has announced a major milestone in connection with its pending separation into two strong standalone, publicly-traded companies.

Alcoa Upstream Corporation (to be renamed Alcoa Corporation prior to separation) has filed an initial Registration Statement on Form 10 with the Securities and Exchange Commission (SEC). Alcoa Corporation will hold the Upstream and North American packaging businesses. The Value-Add businesses will remain in the existing company, which will be named Arconic Inc. The separation is on track to be completed in the second half...

Recycling pavilion

The organisers of ALUMINIUM 2016 have announced that the upcoming event will feature a Recycling Pavilion.

In Hall 11, which primarily addresses the topics of primary production and recycling, the trade fair organisers have set up a special area with a themed pavilion where companies specialised in recycling exhibit their solutions for reclaiming aluminium scrap.

The Recycling Pavilion targets scrap dealers, sorting line manufacturers, shredding plants, remelters and secondary aluminium vendors, to name but a few. So far registrations from the following exhibitors have...

Sohar Aluminium achieves new production record

Sohar Aluminium, the largest non-hydrocarbon industrial venture in the Sultanate of Oman, achieved a new production record in 2015 - one of a slew of operational improvements logged by the company last year.

Aluminium production jumped from 363,528 tonnes in 2014 to 377,186 tonnes last year -the highest annual output in the company's history.

According to reports, this was achieved by operating at the highest amperage - 389kA at the end of the year, at targeted current efficiency and operating pots levels, and a production rate of 2,879 kg Al/pot/day - amongst the best...

Sapa sells trading company to European Metal Supplies

Sapa has sold the metal trading company Cuprochimique NV to Belgium-based European Metal Supplies NV. Cuprochimique trades in aluminium profiles, bars, plates and other non-ferrous metals.

European Metal Supplies is in the same field of business as Cuprochimique and will continue the company’s trading operations, according to majority owner David Tavernier. “Together with Cuprochimque we will strengthen our position in the market by expanding our business range and diversifying our product portfolio,” he says.

Cuprochimique has annual turnover of EUR 8-10...

Constellium reaffirms commitment to sustainability and unveils new set of targets for 2020

Constellium has announced its new sustainability targets for 2020 as the company takes a next step towards unlocking the full value of conducting responsible business.

In its Business and Sustainability Performance Report 2015, Constellium evaluates its performance against the original 2012-2015 targets and announces new goals for 2020.

Constellium first established its strategic direction for sustainability in 2012 across four key priority areas: people, products, operations and responsible business. Today, the company reports progress on its performance and outlines...

EGA to launch construction os 12 Mtpa bauxite mine in Guinea

Emirates Global Aluminium (EGA) will begin construction on a major bauxite mine in the Republic of Guinea, to secure supply of the high-quality raw material for its primary aluminium production facilities in the United Arab Emirates (UAE) and create a new, substantial revenue stream through significant exports to Asia.  

EGA announced it has received final approval from its Board of Directors to launch the first phase of the mine, to be managed through its subsidiary, Guinea Alumina Corporation (GAC). The project will develop an initial 12 million tonnes per annum (Mtpa)...

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...