Rusal overview of trends in the aluminium industry and business environment

Rusal announced that during 1H 2018 aluminium among other base metals was affected by series of supply disruptions. The lock-out of workers at the 450ktpa ABI smelter in Quebec has caused Canadian output fall over 8% year-on-year YTD. Meanwhile, Albras in Braz...

Thursday, August 9, 2018

Sale of controlling stake in China’s largest poly maker has fallen

Shanghai Electric’s move to take over GCL-Poly’s Jiangsu Zhongneng has fallen through because conditions are not ‘mature enough’. The development, announced this afternoon to the Hong Kong Stock Exchange, will be closely watched by the global solar industr...

Monday, August 6, 2018

Hindalco to acquire Aleris at an EV of US$ 2.58 Billion

“This will solidify our position as the world’s no.1 aluminium value-added products player,” says Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group.

Friday, July 27, 2018

NRW Holdings has won a $176 million contract to BHP

NRW Holdings has won a $176 million contract to provide bulk earthworks and concrete works at BHP’s South Flank iron ore project in the Pilbara, Western Australia.

Wednesday, July 18, 2018

Rio Tinto is on track to hit the upper part of its Pilbara iron ore guidance in 2018

Rio Tinto is on track to hit the upper part of its Pilbara iron ore guidance in 2018 after a strong end to the first half of the year.

Wednesday, July 18, 2018

Australia has 35GW of solar farms in development pipeline

Big solar is well and truly booming in Australia in 2018, with new data from the Australian PV Institute confirming that there is a massive 35GW of solar farms in the nation’s planning and development pipeline.

Tuesday, July 17, 2018

Jindal Steel & Power Ltd (JSPL) posts 36% rise in domestic crude steel production in Q1

Private steel maker JSPL today reported a 36 percent rise in the domestic crude steel production to 1.23 million tonnes (MT) for the quarter ended June 30. The company had clocked production of 0.90 million tonnes in the year-ago period.

Wednesday, July 4, 2018

Tata Steel to nearly double its capacity in India after ThyssenKrupp deal, says N Chandrasekaran

Chandrasekaran, who is also the chairman of the salt-to-software conglomerate Tata Group, says Tata Steel aims to increase its capacity in India from 13 million tonnes per annum currently to 25 million tonnes.

Wednesday, July 4, 2018
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