American aluminium producer Century Aluminum released results for the first quarter of 2023 this week. Though production fell in the quarter, the financial results were better in the opening three months. In the first three months of 2023, Century shipped 169,471 metric tons, down on the quarter from 181,165 metric tons last year. Net sales fell slightly in the first...
Industry News
Group 6 Metals raises funds to begin operations at Tasmania tungsten mine
The raised funds will be used by Group 6 Metals to start operations at the Dolphin tungsten mine in Tasmania. Australian miner Group 6 Metals has unveiled plans to raise A$30m through a share placement and share purchase plan (SPP) to begin operations at its Dolphin tungsten mine on King Island, Tasmania. It secured commitments amounting to A$27m as part...
Global company to invest in Williamsport manufacturing
Empty factories and warehouses haunt and remind small communities daily of Pennsylvania’s past contributions. Now, a global company hopes to bring back some of that economic vitality to Williamsport. On Wednesday, Pennsylvania Industrial Development Authority (PIDA) approved a $3 million loan for Chance Aluminum Corporation in Williamsport. Chance Aluminum, branch of AA Metals is expected to create 113 new full-time...
Aheadd® CP1, Constellium’s high-performance aluminium additive manufacturing powder, approved for use on Formula 1 racing cars
Constellium SE (NYSE: CSTM) announced today that its Aheadd® CP1 aluminium additive manufacturing powder was approved for use in Formula 1 cars beginning in the 2024 season. Constellium has partnered with Velo3D and PWR Advanced Cooling Technology to start providing highly efficient, compact, and lightweight heat exchangers for Formula 1 vehicles along with a variety of components for high-performance customers....
Century Aluminum Company to Acquire 55% Interest in Jamalco Alumina Refinery
Century Aluminum Company (NASDAQ: CENX) today announced that it has entered into an agreement with Noble Group Holdings Limited (“Noble”) to acquire Noble’s 55% ownership interest in Jamalco, a bauxite mining and alumina production joint venture in Jamaica. Jamalco has annual alumina production capacity of approximately 1.4 million tonnes and employs over 900 people. Pursuant to the terms of the...
Rusal intends to build a plant for the production of auto disks in Uzbekistan
The Russian company Rusal plans to build a plant for the production of car wheels in Uzbekistan, Vladislav Vasilyev, director of the department of metallurgy and materials of the Ministry of Industry and Trade of the Russian Federation, said at a panel session of the Innoprom. Central Asia in Tashkent. According to Vasiliev, Rusal Group of Companies is currently discussing...
Axing aluminium from the Critical Raw Materials list was a mistake
The European Commission’s exclusion of aluminium from the EU’s list of strategic raw materials is unacceptable because of the metal’s importance to key industries of the future, writes Anna-Michelle Asimakopoulou. Anna-Michelle Asimakopoulou is vice-chair of the European Parliament’s committee on international trade. She is affiliated with Greece’s New Democracy party and the European People’s Party (EPP). Since 2010, the Commission...
Rio Tinto Q1 Bauxite Production Down 11%, Aluminium Production Up 7%
Rio Tinto plc (RTPPF.PK, RIO.L, RIO, RTNTF.PK), on Thursday, reported Q1 Bauxite production of 12.1 million tonnes was 11% lower than the first quarter of 2022 as the company’s Weipa operations were affected by higher-than-average rainfall during the annual wet season. First-quarter Aluminium production was 0.8 million tonnes, 7% higher than the first quarter of 2022, driven by the continued...
Rio Tinto begins construction of its new billet casting centre in Quebec
Rio Tinto has begun construction to increase its capacity to cast low-carbon, high-value aluminium billets by 202 000 t at its Alma, Quebec smelter. The existing casting centre will be expanded to include new state-of-the-art equipment such as furnaces, a casting pit, coolers, handling, inspection, sawing and packaging systems. Commissioning is scheduled for the 1H25. The CAN$240 million investment will...
Alcoa Expands its EcoSource™ Low-Carbon Alumina Brand to Include Non-metallurgical Grade Alumina
Alcoa has announced the expansion of the Company’s EcoSource™ low-carbon alumina brand to now include certain grades of non-metallurgical alumina. First launched in 2020 for smelter-grade applications (SGA), EcoSource is the world’s first and only low-carbon alumina brand. Now, it is also being offered in non-metallurgical (NMA) grades, including hydrates and calcined materials. Hydrates are primarily used in municipal water...