Aluminium International Today News
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China: Low prices dig in following lower-than-expected economic recovery
High production costs and a lower-than-expected economic recovery have led to a slower pace of aluminium output and under-performing light metal prices in China.
12 July 2013 -
Indonesia: Differences over price might stall Inalum takeover
There are three months to go before the Government of Indonesia acquires PT Indonesia Asahan Aluminium (Inalum) from the Japanese consortium Nippon Asahan Aluminium, but no price has been agreed.
11 July 2013 -
Dubal and Mubadala seal Guinea deal
Dubai Aluminium (DUBAL) and Abu Dhabi investment fund Mubadala have confirmed the acquisition of Guinea Alumina Corporation (GAC).
11 July 2013 -
Bahrain: Alba boosts sales and production for H1 2013
Higher production has enabled Aluminium Bahrain (Alba) to increase overall sales for H1 2013 by 1.9% over the same period last year. The company sold 454kt of metal and announced that it's year-to-date production figures were up 2% on the previous year, reaching 452kt compared with 443kt in 2012.
11 July 2013 -
China: No let-up on primary production despite low prices.
With low aluminium prices causing no end of despair on the global market, there appears to be no let-up on primary production in China with new capacity coming on stream and May’s production of 1.77Mt pointing to an annualised rate of 20.8Mt.
05 July 2013 -
China: Baosteel hints at Chinalco aluminium link-up
Shanghai-based Baosteel has given hints in its latest six-year plan (spanning 2013 to 2018) that it intends to enter the aluminium industry, possibly in some kind of joint venture with Chinalco and with a view to making parts for the automotive industry.
05 July 2013
