As the aluminium industry market continued to deteriorate, global second largest alumina maker - Chinalco planned to change parts of his production line to lexible production, involving electrolytic aluminium business with capacity of ...
Tags: Chinalco, aluminium industry
Vale informs that it has concluded the annual assessment of Onça Puma and aluminum assets, which will imply the recognition of an impairment charge before tax of USD 4.2 billion, thus affecting our earnings in the fourth quarter of ...
Tags: Onça Puma, aluminum assets, aluminum price, aluminum
Vale SA,the giant Brazilian mining company is in no rush to sell its 22%stake in Norway based aluminum company Norsk Hydro ASA. Mr Murilo Ferreira CEO of Vale said that"We will sell when it is showing value for Vale.The asset wasn't core ...
Tags: Vale SA, aluminum, mining, Norsk Hydro ASA
Alcoa is in plans to acquire mines utilized for the production of aluminium from BHP Billiton and Rio Tinto. The firms have earlier this year shelved and sold mines citing poor outlook for the metal. Mr Alan Cransberg MD of Alcoa ...
Tags: Alcoa, BHP Billiton, Rio Tinto, 13 aluminum assets
Miningmx reported that ALCOA would seek to buy mines used in the manufacture of aluminium from BHP Billiton and Rio Tinto after they this year shelved and sold mines owing to the poor outlook for the metal. Mr Alan Cransberg MD of Alcoa ...
Tags: ALCOA, mines, aluminium, metal market