China's top aluminium province idles plants as demand slows

China's top aluminium-producing province has idled about 700 000 t of capacity in recent months, a senior industry official said, further evidence that slower growth in the world's No. 2 economy is denting the country's appetite for commodities....

NSW aluminium plant to close, cut 344 jobs

Norwegian aluminium producer Norsk Hydro was considering closing its Kurri Kurri plant in New South Wales, cutting some 344 jobs. In a statement on Wednesday, executive VP for the primary metals business, Hilde Merete Aasheim said that the Kurri...

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

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...

Slowdowns, shutdowns and continuing development as Vale rides out recession

Story on Companhia Vale do Rio Doce delaying its Onça Puma nickel project in Brazil by at least a year, shutting down its Sudbury, Canada, nickel operations for eight weeks, but continuing construction of its new hydromet technology nickel...

Norwegian companies said to be mulling aluminium investment in Mozambique

Mozambican government officials have been quoted by Portuguese News Agency Lusa as saying that Norwegian companies could build the South-East African country’s second aluminium smelter complex, in the central region of the country.

‘Silicon metal demand slack’

Norwegian metals company Elkem ASA reported a 70% drop in fourth-quarter operating profit yesterday, hit by restructuring in North America, and said it saw few signs of improving demand in key markets.