Aluminium International Today News
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China: Aluminium companies invest in power to cut costs
In December 2012 the Aluminium Corporation of China (Chinalco) acquired a further 23.6% stake in Ningxia Electric Power Group, bringing its total stake in the power company to 58.9%. In August last year Chinalco bought an initial 35.3% stake in the business.
17 January 2013 -
Belgium: European Aluminium Association appoints Aleris boss as new chairman
Roeland Baan, executive vice president and CEO of global rolled and extruded products at Aleris has been appointed chairman of the European Aluminium Association (EAA).
17 January 2013 -
Rio Tinto: CEO steps down without a customary 'golden handshake'
Rio Tinto chief executive Tom Albanese has, by mutual agreement, left the company and will not be receiving either a lump sum payment or a performance bonus. He will be replaced by Rio Tinto’s iron ore CEO, Sam Walsh, who will receive a 15% pay rise and receive a target annual bonus amounting to 120% of his base salary (which is AUD$1.9m).
17 January 2013 -
Aleris: New regional leadership structure announced
Aleris has restructured the leadership of its global recycling business following the depature of executive vice president Alan Dick who was also chief executive officer of global recycling.
09 January 2013 -
Bahrain: Alba announces new production record
Aluminium Bahrain (Alba) the world's fourth largest aluminium smelter, has announced a new production record of 890kt for 2012, up from 881kt the previous year.
08 January 2013 -
Australia: Rio Tinto might suspend operations at Gove alumina refinery
Rio Tinto Alcan might suspend operations at its Gove alumina refinery in Australia's Northern Territory after power talks with the regional government broke down.
08 January 2013
