Aluminium International Today News
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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 -
United Arab Emirates: Dubal shows off its green construction credentials
That Dubai Aluminium (Dubal) is a producer of 'green metal' is undisputed now that the Gulf company has been told that it's products are suitable for sustainable building practices.
12 August 2013 -
USA: Jobs to go at Alcoa Howmet
Alcoa’s Howmet plant in Hampton, Virginia, USA, is blaming ‘challenging market conditions’ for its planned lay-off of 70 workers.
07 August 2013 -
USA: Century reports Q2 2013 net loss, but all is well, says CEO Bless
US-based Century Aluminium reported a net loss of $34.6 million for Q2 2013 compared to $12.6 million for the same period in 2012. The six-month to June 2013 figure was $26.3 million, up from $16.6 million in 2012.
07 August 2013 -
Jamaica ships alumina
Jamaica has exported its first ever shipment of alumina having struck a deal with Clarendon Alumina Production and Noble Resources, a commodities trading company.
07 August 2013 -
USA: Banks and LME accused of price-rigging on stored aluminium
Accusations that Goldman Sachs and the London Metal Exchange (LME) slowed deliveries of aluminium from Detroit, USA-based warehouses, purely to rig prices, have been denied by both the bank and the LME.
07 August 2013