Articles By Commodity: Aluminium
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Chalco H1
Aluminium Corporation of China Ltd (Chalco) achieved an attributable profit of RMB531 million (US$78 million) in the six months to end-June as revenue increased by 114% to nearly RMB60 billion.
Chalco’s Xiong seeks stakes in coal, power producers
Aluminum Corp of China Ltd, the country’s biggest producer of the metal, is seeking to invest in coal and power producers, and is studying projects in Southeast Asia to access cheaper power and raw materialsAlcoa plans offering, Rusal reopens refinery
US aluminium giant Alcoa Inc has announced plans to raise almost US$1 billion from a public offering of notes
Fund sells Vedanta on Orissa concern
Zeist-based PGGM, the second-largest pension-fund manager in the Netherlands, has liquidated all of its positions in Vedanta Resources plc, and its group companiesRusal splits division
UC Rusal, the world’s largest aluminium producer, has announced a new structure for its aluminium division
Deripaska says aluminum-plant halts to cause shortage
Oleg Deripaska, the Russian billionaire owner of the world’s largest aluminum company, said a slump in prices for the metal may prompt producers to shut smelters, leading to a supply shortfallEskom BHPB agree new pricing at Mozal
BHP Billiton and South African power utility Eskom have reached agreement on the amended power-supply contract for the Mozal aluminium smelter in MozambiqueVale injects aluminium assets into Norsk Hydro
Vale has entered into an agreement that will involve its aluminium business being absorbed by Norway’s Norsk Hydro ASA in a US$4.9 billion deal.Rusal to focus on core business
UC Rusal chief executive Oleg Deripaska said this week that the company will focus on developing its core aluminium-producing assets, and would not look to further diversify the business at this timeAluminium outlook positive, Rusal profits improve
The aluminium industry showed further signs of recovery earlier this week when UC Rusal Ltd, the world’s largest producer, reported a profit for the year to end-December, following a write-down-ridden 2008Site Search
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