The global aluminium market has seen a remarkable improvement in its fundamental outlook, Bank of America Merrill Lynch said in a research note Thursday. "The improvement in market balances has perhaps been most outstanding for aluminium, ...
Tags: Aluminium, aluminium market
The Gulf Cooperation Council region is estimated to have already invested around AED 17.3 billion into aluminium projects with member states collectively producing around 3.6 million tonnes of the commodity a year to account for almost 10% ...
Tags: Gulf Cooperation Council, aluminium project, aluminium output, aluminium
Reuters reported that India's largest aluminium maker, Vedanta Aluminium Limited will temporarily shut its alumina refinery in Odisha due to bauxite shortages. Mr Mukesh Kumar president of Vedanta said that "Despite all our efforts we ...
Tags: aluminium windows, steel windows, mining, steel supplies
Reuters reported that Saudi Arabia's first aluminium smelter will reach full production more slowly than planned due to long delays to a power plant it needs to run flat out. Saudi Arabian Mining Company expects to begin operations at ...
Aluminium production in the region is expected to surge to 9 million tonnes per year to account for between 15% and 17% of global output as investments in the sector climb to a projected USD 55 billion in 2022. The GCC is estimated to ...
Tags: aluminium production, robust platform, industry expertise
Reuters reported that Azerbaijan plans to double aluminium production to up to 107,000 tonnes in 2014 after a state owned plant capacity expansion banking on growth in China. An official said that plant development will allow it to ...
Tags: aluminium output, aluminium, mineral, Azerbaijan