China Hongqiao has announced plans to raise the annual capacity of the lightweight industrial metal by around 15% this year if the market recovery continues.
According to reports, the Shandong-based company aims to spend up to 15 billion yuan this year on expanding its output capacity of aluminium, alumina, bauxite and electricity, besides retrofitting its coal-fired power plants to meet future carbon emission requirements.
Last year’s spending totalled 14 billion yuan.
Travartec has opened a 12K-ton production capacity plant in Rodengo Saiano (Brescia), to focus on aluminium conductors for automotive applications.
The plant covers a 5,000m2 area and is equipped with a new 12K-tpa capacity line for the production of aluminium and aluminium alloy conductors and is focussed to develop technological materials for the automotive sector.
The engineering and research division is crucial for the company since it develops turnkey technological solutions in close association with the production and quality departments to meet the...
Constellium N.V. has announced that the company intends to record an impairment charge of approximately €400 million in the fourth quarter of 2015 against the carrying value of the Wise Metals asset.
This charge, which has no impact on cash flows, reflects management’s view of the future expected performance at Muscle Shoals in light of the challenges for the can/packaging business as previously disclosed.
The execution of the company’s Body-in-White (BiW) strategy is progressing as planned, and the company has today separately announced an expansion of...
AluSolutions is a free-to-attend international exhibition and conference addressing the challenges and opportunities of sustainable aluminium use.
The conference will demonstrate how the aluminium industry is making continuous improvements in the environmental efficiency of producing aluminium, as well as its sustainability benefits in end-use applications.
As a registered visitor, you will be able to attend the conference sessions free-of-charge and also network with primary influencers and decision-makers within the aluminium industry.
The Central European Aluminium Company (CEAC), a Cyprus-based major shareholder and one of the largest creditors of Montenegro’s Kombinat Aluminijuma Podgorica (KAP), today has welcomed the European Parliament’s strong-worded resolution on Montenegro with reference to the European Commission’s 2015 Progress Report.
The European Parliament resolution slams Đukanović’s government for lack of progress in strengthening the rule of law and governance and fighting corruption and organised crime. It says “corruption remains a serious concern,...
UC Rusal has announced its results for the year ended 31 December 2015.
Rusal expects that the global aluminum demand will continue its growth at a healthy 59.6 million tonnes or by another 3 million tonnes as a result of a strong demand growth in North America, Europe and Asia.
Chinese growth is expected to continue to be strong at 7% YoY in 2016 to 31 million tonnes. Transportation sector will continue to be the biggest growth contribution in 2016 with half of 1.5 million tonnes growth followed by construction and electrical/consumer durables and packaging...
Champagne Metals, based in Glenpool, Oklahoma, recently commissioned their new Butech Bliss 111 inch wide Cut-To-Length Line at its newly constructed Middlebury, Indiana facility.
This line is one of the widest aluminium Cut-To-Length lines in North America and will satisfy the ever growing demand of aluminium material by the marine, commercial transportation, consumer electronics and appliances industries.
The Cut-To-Length Line will feature entry equipment, over and under coil payoff capabilities, a hydraulic crop shear with auto-gap adjustment, side trimmer...
The recently concluded Bureau of Metal Recycling (BMR) Conference in Dubai stressed that the scrap recycling industry is showing signs of recovery across the globe.
However, it admitted that the industry is not without challenges. Salam Sharif, President, BMR called upon global recycling industries to join together in fighting the challenges so as to overcome times of hardships.
The 5th BMR International Conference 2016 was held at Atlantis The Palm, Dubai from 19th to 20th, February. The conference was attended by more than 450 recycling professional and industry experts....
Richard Goodmanson, non-executive director of Rio Tinto, who joined the board in December 2004, will be retiring from the board this year.
Richard will not seek re-election as a non-executive director of Rio Tinto plc and Rio Tinto Limited and will retire from the board at the conclusion of the Rio Tinto Limited annual general meeting in Brisbane on 5 May 2016.
Megan Clark will be appointed as chairman of the Sustainability Committee upon Richard Goodmanson’s retirement on 5 May 2016, and will also become a member of the Remuneration Committee with effect from 1 May...
Former Airbus head of research for the UK, Colin Sirett has joined the University of Sheffield Advanced Manufacturing Research Centre (AMRC) as its Chief Executive Officer.
“Moving here really has been a privilege and an honour,” said Sirett, who, to the annoyance of his teachers, left school at 16 for an apprenticeship, rather than take A-Levels and, more recently, chose the Sheffield region in preference to southern France for his new workplace.
“I liked the idea of earning money and I had heard that you stood a chance that one of the local companies...