Aluminium International Today News
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Chalco and Sapa in partnership
China’s largest aluminium company, the Aluminium Corporation of China (Chalco), has formed a JV with Swedish extrusion company Sapa Group to serve the Chinese rolling market.
03 September 2010 -
Nalco targets second site
State-owned Indian company Nalco has targeted a site in Sundergarh, western Orissa to relocate its second aluminium and power complex.
03 September 2010 -
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
