News

Responsible, what else?

Nespresso will become the first company to use responsibly-sourced aluminium, supplied by Rio Tinto, to produce its coffee capsules. The two companies have signed a Memorandum of Understanding to work together with Nespresso’s capsule manufacturers to fulfil a commitment of sourcing 100 per cent sustainable aluminium by 2020, allowing customers to enjoy their coffee knowing it is packaged in responsibly produced material. The use of Aluminium Stewardship Initiative (ASI) Certified Aluminium is an important milestone towards reducing the impact that the world’s second...

Liberty seals Dunkerque bid

British-owned Liberty, part of Sanjeev Gupta’s global GFG Alliance, has announced today that it has entered into a committed financing agreement with a syndicate of major international banks for the purchase of Aluminium Dunkerque, Europe’s largest aluminium smelter from Rio Tinto. The term loan secured on standard financial terms, provides five year committed funds. This now clears the way for the eagerly-anticipated deal on the 560-worker site to be formally completed before the end of November following the completion of closing mechanics. The announcement follows...

Novelis: Brazil investment

Novelis Inc. has announced an investment of $175 million at its Pindamonhangaba plant, located in the Paraíba Valley between São Paulo and Rio de Janeiro. The expansion of the company's flagship facility in South America will benefit the organisation's beverage can and specialty customers by bolstering capacity with 100 kilotonnes of additional rolling production and 60 kilotonnes of increased recycling. These expansions will bring total capacity of the Pindamonhangaba facility to approximately 680 kilotonnes per year of aluminium sheet and 450 kilotonnes...

Liberty seals Dunkerque

British-owned Liberty, part of Sanjeev Gupta’s global GFG Alliance, has announced today that it has entered into a committed financing agreement with a syndicate of major international banks for the purchase of Aluminium Dunkerque, Europe’s largest aluminium smelter from Rio Tinto. The term loan secured on standard financial terms, provides five year committed funds. This now clears the way for the eagerly-anticipated deal on the 560-worker site to be formally completed before the end of November following the completion of closing mechanics. The announcement follows...

Hydro: ASI certification step

With the ambition to offer fully certified Hydro aluminium to the market in 2019, Hydro Hoogezand is now the world’s first extrusion plant to obtain the Performance Standard certification by the Aluminium Stewardship Initiative (ASI). ASI is the highest internationally recognized standard for robust environmental, social and governance practices across the aluminium lifecycle of production, use and recycling. Hydro is currently in the process of certifying in total 15 plants. As Hydro Hoogezand, the Netherlands, is the world’s first extrusion plant to obtain the...

EGA waste agreement

Emirates Global Aluminium has signed an agreement with Arkan, a leading building materials company, to supply a waste product from aluminium smelting for use in the manufacturing of cement. EGA will directly supply Arkan with spent pot lining, the used inner lining of reduction cells in which aluminium is smelted.  Globally the aluminium industry produces more than one million tonnes of spent pot lining each year, according to industry experts, much of which is stored indefinitely. EGA has been working since 2010 to find economic uses for spent pot lining. Last year EGA...

GARMCO announcement

Bahrain-based Gulf Aluminium Rolling Mill Company (GARMCO), is pleased to announce that its subsidiary GARMCO (USA), was granted with tariff exemptions, of its major products imports from Bahrain.  As GARMCO’s General Manager, Mohamed Essa (pictured), commented: “As in the years prior, we remain firmly dedicated towards our primary mission of delivering exceptional quality standards at all times. Approach that has earned us the global reputation of a valued and responsible importer, a reputation we must maintain by continuing to reliably adhere to the strictest...

PyroGenesis agreement

PyroGenesis Canada Inc. has entered into a Memorandum of Understanding with one of the largest Japanese trading houses, which outlines the understanding of how the Parties will move forward towards a potential joint venture partnership for the purpose of developing DROSRITE™ tolling services globally. A tolling service arrangement is one in which a smelter provides dross to a third party to process either on or off-site. The Agreement envisions moving forward with test cases to provide tolling services. These test cases would serve as a basis on which to determine, if, and...