Aluminium International Today News
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Bosai expands
Chongqing-based Bosai Group will carry out a 100kt/y expansion at its aluminium smelter in Aba in June, following a 90kt/y expansion scheduled for completion in May.
21 May 2010 -
Malaysian agreement
Chinese group Chalco has entered into an agreement with Malaysia’s GIIG Holdings on an aluminium smelter and its associated hydro-power facilities.
21 May 2010 -
Vedanta profits jump on recovery
Vedanta Resources, the FTSE 100 mining group controlled by Indian billionaire Anil Agarwal, posted a 56% rise in full-year profits, as demand for metals rebounded.
21 May 2010 -
Norsk Hydro in Vale deal
Norsk Hydro has agreed to buy the aluminium business of Brazil’s Vale group in a $4.9bn deal that will give the company a huge supply of raw materials.
21 May 2010 -
UC Rusal in $821M profit
Russian aluminium producer UC Rusal has reported an $821M net profit for 2009, compared with a $6bn loss the previous year.
21 May 2010 -
Ghana Bauxite in rail appeal
The Ghana Bauxite Company Limited (GBC Ltd) has urged the government to fix the Western Corridor railway lines to help improve mining operations.
21 May 2010
