News

STAS acquires SERMAS Industrie, world leader in the sawing of large materials

Through this acquisition and the implementation of broad synergies, STAS wishes to realise its vision of becoming a key player for the aluminium industry by offering turnkey, reliable and robust solutions to its customers: aluminium smelters, rolling mills, extrusion plants, forging plants, recyclers, distribution centres and the carbon industry. Founded in 1989, STAS today has more than 160 employees and designs and commercialises high-tech equipment in more than 40 countries. With more than 1500 equipment units in operation and thousands of individual solutions, the company is a...

EGA’s Al Taweelah site certified to Aluminium Stewardship Initiative responsibility standards

EGA is the first company in the Middle East to achieve a certification to Aluminium Stewardship Initiative standards. The Aluminium Stewardship Initiative is a global, non-profit standards setting and certification organisation. Its members are mining and metal companies, end-users like Apple and Nespresso, and non-governmental organisations, and it aims to maximise the contribution of aluminium to a sustainable society. Aluminium Stewardship Initiative certification is the aluminium industry’s internationally-recognised standard for environmental and social performance and...

Hilde Merete Aasheim assumed her position as Hydro’s new President and CEO today

Hilde Merete Aasheim assumed her position as Hydro’s new President and CEO today, aiming to lift profitability and accelerate the company’s drive to become a leading provider of advanced, low-carbon products and solutions. Aasheim introduced several measures in support of her business agenda, which include renewing the company’s corporate management board, restructuring and strategic review of the Rolled Products business area, ensuring stricter capital discipline and capital allocation, as well as revitalising on-going improvement programs and identifying new...

Lightweight Asia 2019 embraces the lightweight age

Under the combined pressures of delivering environmental protection and energy efficiency, the automotive industry is striving to make major breakthroughs in weight reduction and low emissions.  This is the backdrop for Lightweight Asia 2019 from 10-12 July in Shanghai, which will provide a platform for companies from around the world to showcase their latest products and research for next-generation lightweight manufacturing.  Lightweight Asia takes place alongside the 15th Aluminium China event and are expected to attract over 25,000 visitors. This year, the shows have...

Alba marks 50% milestone on Line 6 start-up

Aluminium Bahrain B.S.C. (Alba), announced that it has successfully started additional 106 pots in Line 6 bringing by that 212 pots into life which is equivalent to 50% of Line 6 capacity on Thursday 18 April 2019. Alba’s Chairman of the Board of Directors Shaikh Daij bin Salman bin Daij Al Khalifa attended the ceremony to mark this milestone, which was held on Tuesday 30 April, in the presence of Alba CEO Mr. Tim Murray, Alba Executive Management Team, Line 6 Start-up Team along with senior Bechtel officials.   Commenting on this occasion, the Chairman of Alba’s...

Novelis Develops World’s First Aluminium Sheet Battery Enclosure

To meet the EV market’s growing needs, Novelis has worked with industry partners to develop the world’s first aluminium sheet battery enclosure. Available globally, it is built with Novelis Advanz™ aluminium products and is up to 50 percent lighter with a low$/kg premium compared to an equivalent steel design at substantially lower weight. When compared to aluminium extrusion and casting-intense designs, it is the most cost-effective solution for mass production vehicles. The enclosure accommodates all battery cell types and is designed particularly for battery...

GFG Alliance wins bids for french automotive suppliers Saint Jean Industries poitou and Fonderie du

Sanjeev Gupta’s GFG Alliance, has through its industrial business Liberty,  won its bid to acquire two French vehicle components suppliers in Poitou in the region of Nouvelle Aquitaine. Following rulings this week by the courts of Administration in Lyon and Poitiers, Liberty has become the owner of Saint Jean Industries Poitou and Fonderie du Poitou Fonte, and in so doing has secured hundreds of jobs dependent on them. As a result of the rulings, GFG is now in a position to commence the implementation of a comprehensive recovery plan for the plants including, a refreshed...

GHI will invest in improving its facilities and processes after growing 20% in 2018

After a successful 2018 in which GHI has doubled its growth forecast, reaching almost 20% growth and surpassing 30 million euros of turnover, this year the investments of GHI will be focused "to the improvement of our facilities and processes with the goal of increasing our efficiency and productivity ", according to José Domingo Berasategui, General Manager of the company. To the aforementioned growth in last year’s turnover was added the reinforcement of the workforce with more than 25 new employees. The firm also expanded the resources allocated to...

Alufer update

Alufer Mining Limited has announced that operations are on track to produce the annual run rate of 5.5 million tonnes per annum in 2019 and logistics are working well from pit to port. The team continues to streamline and optimise each part of the system and the transhipment process is also performing well with loading rates and barge cycle times running efficiently.   Management are now looking to the next phase of the project and have conducted preliminary engineering studies to evaluate the expansion to a 10mtpa operation. Initial economics from these studies are robust and...