Aluminium International Today News
-
Rio Tinto receives Alcan bid
Rio Tinto has received a binding offer to buy a 61% stake in its Alcan Engineered Products (AEP) business.
03 September 2010 -
Hydro posts improved results
Norwegian aluminium producer Norsk Hydro reported Q2 profit of NOK 598M ($97M), up from NOK282M ($45M) y-o-y.
03 September 2010 -
Novelis record
Novelis reported record financial results for fiscal Q1 2011 as a result of strong demand.
03 September 2010 -
Hindalco profit rise
Hindalco Industries’ first-quarter net profit rose 11% to INRs5.6bn ($121.5M), compared to INR4.8bn ($104M) in the corresponding quarter last year.
03 September 2010 -
Chinalco iron ore deal
Aluminum Corp of China (Chinalco) has signed a $1.35bn agreement with global miner Rio Tinto to develop the Simandou iron ore project in the West African country of Guinea.
03 September 2010 -
Japanese boost
Japan’s shipments of rolled-aluminum products increased 14% in June, gaining for the seventh straight month.
03 September 2010
