News

ALTEK is pleased to announce that the Harsco Corporation (NYSE: HSC) has completed the acquisition of ALTEK Group, consisting of their UK operation ALTEK Europe Ltd., their US operation ALTEK LLC and Inductelec Ltd, their subsidiary Induction technology company. The acquisition of ALTEK by Harsco is driven by a strategic move to grow their environmental solutions business and expand their capabilities in industrial waste management services.  The cost-efficient recovery of metal and other value, and environmentally-safe solutions for residual waste materials are increasingly...

Novelis Inc., yesterday hosted community members, federal, state and local officials to break ground on its $300 million automotive aluminium sheet manufacturing facility in Guthrie, Kentucky. Representatives from Novelis were joined by Senator Rand Paul, Congressman James Comer, Governor Matt Bevin and Senator Mitch McConnell’s staff to recognise the investment of a 400,000 square foot facility that will create approximately 125 jobs and produce annual nameplate capacity of 200,000 metric tons. Novelis will begin producing automotive aluminium at the site in 2020. “The...

Hydro has appointed John Thuestad as new Executive Vice President for the business area Bauxite & Alumina effective June 1.  Thuestad has more than 30 years of international experience from the metal and mining industry. “I am pleased that John Thuestad has accepted the position as new head of Bauxite & Alumina. Brazil has been of major strategic importance for Hydro since the acquisition of Vale’s aluminum assets in 2011,” says Hydro President and CEO Svein Richard Brandtzæg. “Pará has a unique position in the global aluminium...

Rio Tinto and Alcoa Corporation have announced a revolutionary process to make aluminium that produces oxygen and eliminates all direct greenhouse gas emissions from the traditional smelting process. Executives of Rio Tinto, Alcoa and Apple were joined by Canadian Prime Minister Justin Trudeau and Premier of Québec Philippe Couillard for the announcement, which signals the most significant innovation in the aluminium industry in more than a century. To advance larger scale development and commercialisation of the new process, Alcoa and Rio Tinto are forming Elysis, a joint...

Aluminium industry gathers to discuss the impact of Industry 4.0 and smart technology solutions.  The first edition of the Future Aluminium Forum took place in Milan, Italy on 8th & 9th May.  Organised by Quartz Business Media, the event was held in association with Aluminium International Today and consisted of a two-day conference and table top exhibition. More than 150 delegates from across the globe gathered to hear from technical experts and uncover the myths behind Industry 4.0 and what this means for the manufacturing value chain.  Keynote Stefan Koch,...

Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today signed a 15 year agreement with LD Ports & Logistics, a subsidiary of Louis Dreyfus Armateurs, for the transshipment of bauxite in the Republic of Guinea. Louis Dreyfus Armateurs and Abu Dhabi Ports separately signed an undertaking to form a joint venture company to work together to implement the project. Transshipment is the process of moving cargo from one vessel to another at sea, and is used to transfer cargo when vessels are too big to berth in a port. Using...

According to reports, Iran is on track to launch an aluminium smelter in 2019 and be self-sufficient. The new smelter will boost the country's output by 70%. Construction is underway of the South Aluminium Corp (Salco) smelter, due to produce 300,000 tonnes per year in its first phase, Mehdi Karbasian, deputy minister of industry, mining and trade, told the CRU Aluminium conference in London on Tuesday. While Iran currently produces slightly over 400,000 tonnes per year of aluminum at two plants, consumption is around 600,000 to 700,000 tonnes, said Amir Mirchi, managing...

Novelis has announced that Paul Banks will be Plant Manager of its new $300 million automotive sheet manufacturing facility in Guthrie, Kentucky. Banks has more than 25 years of experience in the aluminium rolling industry, including previous managerial positions with Novelis and its joint ventures.   A long-time aluminium industry expert and Kentucky native, Banks will be responsible for overseeing the development and construction of the recently-announced project, as well as hiring 125 new employees to help operate the facility.