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Aluminium
 
ALUMINIUM

Alcoa reviewing viability of Victoria smelter

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Aluminium major Alcoa would be reviewing the viability of the Point Henry aluminium smelter, in Victoria, as global economic conditions continued to deteriorate. The miner said on Wednesday that the current global economic conditions were...
By: Esmarie Swanepoel
8th February 2012
 
 
ALUMINIUM

Quick end to lockout at Rio's Quebec smelter unlikely

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Rio Tinto's lockout of workers at its Alcan division's big Alma aluminum smelter in northern Quebec looks set to drag on, and the company said on Monday that no talks were scheduled. "I wouldn't put a timeline to (talks) right now because nothing...
By: Reuters
6th February 2012
 
 
ALUMINIUM

Aluminium prices could reach $2 500 by end Q2- Rusal

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Aluminium prices are expected to rise up to 10% from current values by the end of the second quarter, as output cuts take effect, a senior executive at Rusal, the world's largest producer of the metal, said on Wednesday. Prices could rise up to...
By: Reuters
1st February 2012
 
 
ALUMINIUM

Norsk Hydro Australia, Europe writedowns to hit Q4

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Norwegian aluminium producer Norsk Hydro said it would write down asset values by 1.3-billion Norwegian crowns ($221.9-million), relating to a plant in Australia and operations in southern Europe where it warned markets were weakening. The...
By: Reuters
1st February 2012
 
 
COMMODITIES TRADE

China loses WTO appeal on export restrictions

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China lost an appeal at the World Trade Organization on Monday in a case about its export restrictions on raw materials, a ruling that could make it harder for major commodity exporters to withhold supplies on the global market. In a statement,...
By: Reuters
31st January 2012
 
 
ALUMINIUM

Glencore assessing Alcoa Sardinia plant prospects

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Glencore International Plc has confirmed its intention to assess the possible industrial and market prospects of an Alcoa Inc's plant in Italy, the country's industry ministry said on Tuesday. Italy is looking for new investors to take over an...
By: Reuters
24th January 2012
 
 
BASE METALS

Aluminium output cuts seen, less so nickel, zinc

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Weak demand and price declines for metals in a lacklustre global economy will play a role in pushing aluminium makers to continue cutting production as well as encourage nickel and zinc producers to make cutbacks, albeit on a smaller scale....
By: Reuters
23rd January 2012
 
 
CARBON TAXES

Mining-heavy SA industry group issues carbon tax warning

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An industry lobby group comprising large mining groups and mineral processing companies is cautioning against the proposed introduction of a carbon tax in South Africa until South Africa has fully charted its abatement potential and the costs...
By: Terence Creamer
23rd January 2012
 
 
 
 
 
 
 
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'Powered' Coega smelter viable, 'all... Audio
Bigger is better, says Rio's... Audio
 
 
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