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Industry News
Tuesday, May 19, 2015 Aluminium: How the prices will move in May? » Aluminium prices may trade lower in May’15 as supply glut concerns amidst weak demand as Chinese output is likely to incre...
Tuesday, May 19, 2015 Rio said to sell $1B worth of aluminum assets » Rio Tinto (LON, ASX:RIO) is selling its Pacific Aluminum business – a group of smelters in Australia and New Zealand – in...
Tuesday, May 19, 2015 Rio Tinto pushing Pacific division sale » The Tiwai Point aluminium smelter may get a new owner after reports from London speculating owner Rio Tinto is again putti...
Tuesday, May 19, 2015 Rio Tinto tipped to again try and offload smelters » The sharp fall in the US exchange rate and the benefits of a savage cost-cutting program are tipped to have prompted Rio T...
Friday, May 15, 2015 Britain risks losing out in carbon debate if it exits EU » Should Britain vote to leave the European Union it would be relegated to the sidelines over important carbon market reform...
Friday, May 15, 2015 The Impact Of A Sustained Increase In Chinese Aluminum Production On Alcoa » Aluminum prices have been fairly subdued this year. London Metal Exchange (LME) aluminum prices have averaged roughly $1,8...
Friday, May 15, 2015 Russia's RusAl Sees Aluminum Prices Stabilizing in Tough Market » MELBOURNE — Russia's United Company RusAl quadrupled its quarterly core earnings on Wednesday, helped by a weaker ruble an...
Friday, May 15, 2015 ‘Stopping smelter project was the best move’ » The decision by the People’s Partnership Government in 2010 to stop the Alutrint smelter project was the “best” move, says...
Friday, May 15, 2015 ExxonMobil begins Cold Lake project expansion production » ExxonMobil announced that bitumen production began on schedule at the US$2 billion Cold Lake Nabiye project expansion in n...
Friday, May 15, 2015 Apollo selling Noranda stake for $47 million » Noranda Aluminum's largest shareholder is selling its one-third stake in the company for $2.075 per share. http://www....
Friday, May 15, 2015 Oil Falls as Reduced U.S. Refinery Activity Curbs Crude Demand » Oil fell for a second day after the biggest drop in U.S. refinery activity in four months cut crude demand. http...
Friday, May 15, 2015 Alro: “We cannot afford Romania’s high eco-tax on energy for another year” » Aluminum maker Alro Slatina can no longer afford the high energy costs it paid last year, USD 66 million, and cannot see a...
Friday, May 15, 2015 Stronger dollar steers Romanian aluminum producer Alro back to profit » Romanian aluminum producer Alro Slatina, part of international group Vimetco, posted an adjusted net profit of some EUR 5....
Friday, May 15, 2015 (0 Comments - view/add) The financial case against Australia's largest coal mine » The threat of the Carmichael mine to the environment is clear but as coal prices fall, bad economics could be the stronges...
Friday, May 15, 2015 CRH partners with Aboitiz for some Lafarge assets in the Philippines » Aboitiz Equity Ventures has said it plans to partner with Ireland's CRH to buy the Philippines cement business of France's...
Friday, May 15, 2015 Aboitiz in talks with Ireland’s CRH for Lafarge stake » THE ABOITIZ group said on Friday it will foray into the infrastructure business through Irish building materials company C...
Friday, May 15, 2015 FTC requires LaFarge, Holcim to divest some assets in merger » The Federal Trade Commission said it will require cement makers LaFarge and Holcim to divest some of their assets in 12 U....
Tuesday, May 12, 2015 Lafarge sees growth in the Middle East & Africa » Lafarge's first quarter turnover increased by 5.5 per cent to €2779m and EBITDA rose by 17.5 per cent to €403m, while the...
Tuesday, May 12, 2015 Oil Rig Count And Oil Prices » The dropping oil rig count was talked about long before the recent small recovery in oil prices. http://seekinga...
Tuesday, May 12, 2015 Aluminium Bahrain CEO Optimistic About $2.5bn Expansion Approval In 2015 » The head of Aluminium Bahrain (Alba), owner of one of the world’s largest aluminium smelters, said on Tuesday he was optim...
Tuesday, May 12, 2015 UPDATE 1-Saudi, Alcoa aluminium smelter production to top initial target this year » May 12 (Reuters) - Saudi Arabian Mining Co (Ma'aden) said a massive smelter run jointly with U.S. group Alcoa, which had e...
Tuesday, May 12, 2015 China to Cede Top Oil Buyer Spot Back to U.S. as Refining Slows » China may relinquish its new status as the world’s biggest oil importer back to the U.S. in coming months as demand from r...
Tuesday, May 12, 2015 Aramco plans up to $80B of overseas spending as refining, chemicals expand » The company has joint-venture plants in China, owns stakes in refining businesses in South Korea, Japan and the US and mar...
Tuesday, May 12, 2015 Saudi Aramco ramps up spending in Asian refineries » Saudi Aramco is ramping up spending in Asian refineries in what is seen as a move to retain its position as the region’s l...
Tuesday, May 12, 2015 UPDATE 1-BP Whiting refinery workers approve pact, end strike -union » May 11 (Reuters) - Striking workers at BP Plc's Whiting, Indiana, refinery ratified a new four-year contract on Monday, fo...
Tuesday, May 12, 2015 United Steelworkers union rejects modified proposal by Century Aluminum - union website » May 12 The United Steelworkers union has rejected a modified proposal by Century Aluminum, the local branch for unio...
Tuesday, May 12, 2015 Rio Tinto cuts jobs in Montreal, scales back Alcan name » Rio Tinto is shedding between 110 and 170 jobs in Montreal as the mining company prepares to move early next year into its...
Tuesday, May 12, 2015 Rio Tinto Alcan sees possible deficit in 2015 in aluminium market » May 12 Rio Tinto Alcan <RIOXXA.UL], the mining giant's aluminium business, expects a global deficit in the aluminum mar...
Monday, May 11, 2015 (0 Comments - view/add) Century Aluminum Delays Lockout at Hawesville, Kentucky Smelter » Century Aluminum of Kentucky General Partnership (the "Company"), a subsidiary of Century Aluminum Company CENX, +1.11% ("...
Monday, May 11, 2015 Petcoke Dust and The Business of Regulation » In Chicago politics, candidates sometimes prepare a red herring recipe to distract their constituents from deeper issues....
Monday, May 11, 2015 Middle East Smelters Continue Expansion in Spite of Weak Prices and Falling Premiums » The solid results will have helped the firm’s expansion plans, which are at an advanced stage. The post advises Alba is cl...
Monday, May 11, 2015 FLSmidth to supply equipment for pet coke plant in Saudi Arabia » FLSmidth has received a contract worth approximately USD 32m (DKK 216m) from the Saudi Arabian company GASAN Investment &a...
Friday, May 8, 2015 Repsol lifts profits despite oil price drop » Repsol has pointed to the strength of its refining unit and its integrated business model as helping the Spanish oil compa...
Friday, May 8, 2015 Oil at $60, get ready for 'frack counterattack' » U.S. oil prices are heading into a sweet spot that could spur the fracking industry to crank up some of the drilling it sh...
Friday, May 8, 2015 Implications of Increasing Light Tight Oil Production for U.S. Refining » Recent and projected increases in U.S. crude production have sparked discussion about the implications of current limitati...
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