In a deal, Meridian Energy has won an increase in the price it gets for the electricity it supplies to the company.
But it said the price was still less than the smelter would have paid if it had relied on the rest of the market to supply a big chunk of its power.
Under previous agreements the smelter had the right to do this.
Meridian will now supply most of the smelter's 572 megawatts of power, but fuel 80 megawatts from Contact Energy into that mix.
It said the agreement committed Meridian to cover the full 572 megawatts currently used at the smelter...
The company, which employs around 150 people, began life as an ironmongers in the 1820s, expand during the nineteenth century to incorporate iron and steel warehousing, trading and tinplate production.
Today William King supplies metal products globally, and is an industry leader in the supply of steel strip mill and aluminium products. The company supplies all the major metal consuming sectors, including the automotive, consumer durable, packaging and construction industries.
In 1988 William King formed a joint-venture company, Mi-King Ltd, in the North East of...
“A continued focus on financial and operating discipline delivered first half cost savings of $641 million, representing 85% of our original full year target, which we have now increased to $1.0 billion. We continue to invest in growth, and have reached key milestones in three of our growth projects with the expansion of our Pilbara iron ore infrastructure, first production from our expanded Kitimat aluminium smelter and an agreement to progress the development of the Oyu Tolgoi underground copper mine.”
Kathleen Brooks, Research Director at
The aluminum industry remains committed to the continued availability of reasonably and predictably-priced power as a...
The Aluminum Association is concerned about any allegations of deliberate misclassification of metal to avoid relevant...
Bob Katsiouleris will join Rusal on 1st August 2015 following a successful period as Senior Vice President for Marketing, Sourcing and Sales at Nyrstar, where he was accountable for the company’s global commercial activities and supply chain management.
Mr Katsiouleris will be responsible for leading and developing the company’s European sales portfolio, reporting to Steve...
ECL will become a new entity within Fives and bring a high level of complementary technical strengths and sales strategies.
Frédéric Sanchez, Chairman of the Executive Board, said: “With the acquisition of ECL, Fives has strengthened its position as number one in the supply of key process equipment used in aluminium production. ECL’s business perfectly complements that of Fives. The combined assets of our two companies will strengthen the quality of our offer to aluminium producers, in particular in the service sector.”
Stack most recently served as executive vice president and CEO, Aleris North America. With his appointment, Stack was also elected to the Aleris Board of Directors. Scott Graves, Aleris director and managing director and Head of Credit Strategies for Oaktree Capital Management, L.P. has been elected non-executive chairman of the Aleris Board. A fund managed by Oaktree is a majority shareholder of Aleris. Both appointments will take effect immediately.
Featuring international participation, the conference is scheduled to take place from 15-17 November 2015 at the Dhahran International Exhibitions Center in the Eastern Province of the Kingdom of Saudi Arabia.
While the conference will focus on "the integration of the upstream and downstream aluminium industry in the GCC", it will also discuss topics related to the future of the global aluminium industry, promoting cooperation between producers and consumers, in order to achieve the common objectives of the participants in this gathering and the aluminium industry...
The Institute, based in Teesside, is recognised as the UK’s centre for industrial materials research and has opened its doors to companies outside of the steel sector to make use of its top class research and development facilities.
The organisation, which was first founded 70 years ago, evolved to become the research and development arm, firstly of British Steel and more recently Tata Steel.
After returning to independent ownership in November, it is welcoming contracts from across the globe.
MPI Managing Director and CEO Chris McDonald said:...