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Industry News
Monday, July 28, 2014 Saudi Arabian Mining targets Sept for start of ali smelter in Alcoa JV » Saudi Arabian Mining Company (Ma’aden) announced on Wednesday that 1st September 2014 would be the target date for the beg...
Monday, July 28, 2014 Missouri regulators indicate opposition to Noranda Aluminum request for reduced electric rate THE AS » A day after regulators said they opposed a request by Ameren Missouri's biggest customer for a rate reduction of about $50...
Monday, July 28, 2014 Petcoke firm threatens lawsuit over city rules » Escalating a fight with Mayor Rahm Emanuel, a company that stores enormous mounds of petroleum coke on Chicago's Southeast...
Monday, July 28, 2014 Iran to invest over EUR 8 billion in aluminium sector - Imidro » Reuters reported that Iran plans to invest around EUR 8.5 billion in its aluminium industry as part of plans to nearly qua...
Monday, July 28, 2014 Aluminium Bahrain's second quarter net profit drops 25 percent » Second quarter net profit at Aluminium Bahrain (Alba) - owner of the world's No. 4 aluminium smelter - dropped more than 2...
Monday, July 28, 2014 Low metal prices halve Tajikistan H1 aluminium output » Reuters reported that Tajikistan Aluminium Company, central Asia's largest aluminium smelter, cut production by 47% in YoY...
Monday, July 28, 2014 Southeast Side Petcoke Company Seeks Exemptions From City Regulations » Officials with KCBX Terminals Company, one of the petcoke storage facility operators on Chicago's Southeast Side, are prep...
Monday, July 28, 2014 Increasingly Desperate Venezuela Makes Oil-for-Cash Deal With China » Venezuela is showing increasing signs of desperation as it takes out an additional $4 billion in loans from China in excha...
Monday, July 28, 2014 Report: Koch subsidiary threatening to sue Chicago over petroleum coke piles » The city of Chicago is imposing an "unreasonable hardship" on KCBX Terminals, the company's lawyers wrote in a request fil...
Monday, July 28, 2014 July 28 Community Meeting: Support Continues to Build for a Complete BAN of PETCOKE from Chicago » Support is growing from labor, community, clergy, and environmental activists, to call for an immediate ban of Petcoke in...
Monday, July 28, 2014 U.K. Economy Grows, Passing Precrisis Peak » Britain's economy finally surpassed its prerecession peak in the second quarter, more than six years after a global bankin...
Monday, July 28, 2014 Eurozone economy rebounds, but France lags: survey » The eurozone economy showed signs of a rebound in July after several months of sluggish activity, but France stood out as...
Monday, July 28, 2014 After six long years, Britain's economy is now back to pre-crash levels after the worst post-war rec » It has taken much longer for the UK economy to return to pre-crash levels than it did after recessions in the 1970s and 19...
Monday, July 28, 2014 Coal Reserves Offer No Relief for India's Fuel Crunch » India sits on one of the world's biggest coal reserves, yet its power stations are starved of the fuel with some idle and...
Monday, July 28, 2014 A rosy week for the global cement industry » The single most notable observation regarding the last seven days is that the cement industry news has been overwhelmingly...
Wednesday, July 23, 2014 Nigerian cement firms to double output by 2020 to 43m tons » Nigeria’s cement industry will continue its growth spurt into 2020, as investment in capacity continues in response to rap...
Wednesday, July 23, 2014 Japan's spot aluminum imports stall on high prices, heavy stocks » Japan's spot import trade for primary aluminum ingot was lackluster this week amid high London Metal Exchange prices and h...
Wednesday, July 23, 2014 Russia's refinery runs up 3.4 pct in June from May » Russian oil refinery runs in June rose by 3.4 percent month on month or 198,606 barrels per day (bpd) following seasonal m...
Wednesday, July 23, 2014 London aluminium climbed near 16 month peak » Reuters reported that LME aluminium climbed to USD 2,043 per tonne, the loftiest since February last year, bringing gains...
Wednesday, July 23, 2014 Alcoa Inc (NYSE:AA): It is as Rosy as Possible for Now » In a positive outlook for the Alcoa Inc (NYSE:AA) Director Michael Morris has bought 30,120 shares of the common stock for...
Tuesday, July 22, 2014 Economic recovery around the corner; GDP to hit 5.5% in Q1FY15: SBI » New Delhi: An 'incipient recovery' is round the corner for the Indian economy and it is expected to clock a GDP growth rat...
Tuesday, July 22, 2014 Venezuela confirms China as a pillar of its economy » Venezuela confirmed Monday that its relations with China have become a fundamental pillar for making progress in almost al...
Tuesday, July 22, 2014 Japan government trims economic growth estimate for this year » Japan's government slightly lowered its growth forecast for the current fiscal year due to sluggish exports and a drop in...
Tuesday, July 22, 2014 Middle Eastern sour crude market under pressure on weak demand from Asian refiners » A combination of poor refining margins and autumn refinery turnarounds scheduled at several North Asian refiners has put p...
Tuesday, July 22, 2014 Refineries Ramp Up » Refinery crude runs in the U.S. climbed to 16.6 million barrels a day in the week ended July 11, the most in Energy Inform...
Tuesday, July 22, 2014 Ormet wins approval to sell smelter » A Deleware bankruptcy court judge has approved Ormet Corp's $25.25-million sale of its shuttered aluminum smelter in Hanni...
Tuesday, July 22, 2014 Ormet loses another $4 million in June, nears $150 million in total losses » Ormet lost another $4 million in June and is approaching total losses of $150 million as the bankrupt US aluminum producer...
Tuesday, July 22, 2014 UPDATE 2-Norsk Hydro sees best global aluminium outlook in years » The global aluminium market is in its strongest shape since the financial crisis of 2008-2009 and the price of the lightwe...
Tuesday, July 22, 2014 COLUMN-China aluminium surplus likely to cap price rally: Clyde Russell » Rising Chinese output is likely to act as a brake on aluminium's 15 percent rally since May, even as the global outlook fo...
Monday, July 21, 2014 Shale gas, petchem expansion to be profit drivers at Reliance » An upside for the shale gas business is a continuous growth in its reserves, which stand at 2.66 trillion cu. ft, slightly...
Monday, July 21, 2014 Australia Becomes First Developed Nation to Repeal Carbon Tax » After almost a decade of heated political debate, Australia has become the world's first developed nation to repeal carbon...
Monday, July 21, 2014 Hunt pins hopes on uncompetitive clean coal technology » Federal Environment Minister Greg Hunt anticipates that clean coal technology will be available to cut emissions from coal...
Monday, July 21, 2014 New Carbon Capture System at Kentucky Plant Could Be 'Game-Changer' » Kentucky has long been known for coal. But a new project unveiled today has the potential to let the commonwealth also be...
Monday, July 21, 2014 Carbon tax repeal reaction » THE Latrobe Valley's brown-coal power stations have been labelled the "biggest beneficiaries" following the repeal of the...
Monday, July 21, 2014 Noranda Aluminum Holding Corporation to Announce Second Quarter 2014 Results and Host Earnings Call » July 18, 2014 - Noranda Aluminum Holding Corporation (NYSE:NOR) will announce financial results for second quarter 2...
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