Aluminium International Today News
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South Africa: Hulamin encouraged by Novelis' recycling ambitions
South African secondary aluminium producer Hulamin has picked up the Novelis bug for producing raw material from recycled metal.
23 August 2013 -
India: Vedanta seeks SEZ extension for smelter project
Indian aluminium producer Vedanta has sought an extension of its ‘special economic zone’ (SEZ) status for a smelter project at Jharsuguda, having experienced grave difficulties with metal production in non-SEZ facilities.
23 August 2013 -
China: Hongqiao reports profits drop
China’s third largest smelter, Hongqiao, has announced a 1.1% drop in year-on-year net profits to HK$3.53 billion.
15 August 2013 -
Russia: Rusal announces a reduction in production capacity
Hot on the heels of news that UC Rusal's value has dropped by 45.3% since the beginning of 2013, the Russian light metal giant has announced that it intends to cut costs by re-organising it's Volkhov plant and freezing production at three other facilities.
12 August 2013 -
Nigeria: Rusal accused of smelter vandalism
Workers at the Alscon smelter in Nigeria have accused the Russian aluminium giant, UC Rusal, of deliberately vandalising equipment at the plant and are warning the Nigerian government that if action isn't taken to stop the Russians, the factory will be crippled.
12 August 2013 -
Aluminium down under: As profits plunge 71%, Rio Tinto halts planned sale of Pacific Aluminium
As Q1 2013 profits plunge 71%, Rio Tinto has decided not to sell Pacific Aluminium and plans instead to re-integrate the company into the Rio Tinto Alcan Group.
12 August 2013