On Tuesday, Russia’s United Company RUSAL (HKG:0486), the world’s top aluminium producer, reported that it returned to the black in the second quarter, thanks to higher output and better prices of the lightweight metal.
Read the full article: "Russia’s RUSAL Q2 net returns to black"
Tuesday, August 3, 2010
Kaiser Aluminum Corporation (NASDAQ:KALU) reported net income of $0.1 million and earnings per diluted share of $0.01 for the second quarter ended June 30, 2010 compared to $20 million and earnings per diluted share of $0.97 for the quarter ended June 30, 2009.
Read the full article: "Kaiser Aluminum Corporation Reports Second..."
Thursday, July 29, 2010
On Thursday, the state-run parent of Aluminum Corp of China Ltd. (2600.HK) formalised a joint venture with Rio Tinto (RIO.AX) to develop iron ore in Africa, bringing the listed Chalco into the project as it moves to diversify beyond its core aluminum business.
Read the full article: "China’s Chinalco, Chalco formalise..."
Friday, June 25, 2010
Sillenger Exploration Corp. (OTCQB: SLGX) (OTCBB: SLGX) announced that its company information will be made available via Standard & Poor’s Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor’s Advisor Insight.
Read the full article: "Sillenger Exploration Corp. Information to..."
Thursday, May 27, 2010
Novelis, world leader in aluminum rolling and recycling, has announced its plan to expand its Brazil rolling operations by investing $300 million in Pindamonhangaba. The said action is in response to the growing demand of Aluminum products in South America. Phil Martens, President and Chief Operating Officer, Novelis Inc. is quoted saying: “We are experiencing [...]
Read the full article: "Novelis Invests $300 M to Expand Brazil..."
Monday, May 24, 2010
Fluor Corporation (NEW): NYSE:FLR has announced that the company has been chosen by Santos for the engineering, procurement and construction (EPC) work on the upstream facilities component of the Gladstone Liquefied Natural Gas (GLNG) project. Peter Oosterveer, president of Fluor’s Energy & Chemicals Group is quoted saying: “Fluor is honored to be chosen to continue [...]
Read the full article: "Fluor Chosen to Work for Santos GLNG Project"
Friday, May 21, 2010
Noranda Aluminum Holding Corp. (NOR) has closed its previously announced underwritten initial public offering of 11.5 million shares at $8.00 per share on Wednesday. Joint book-running managers of the offering includes BofA Merrill Lynch, Morgan Stanley & Co. Incorporated, Credit Suisse Securities (USA) LLC, Goldman, Sachs & Co. and UBS Securities LLC. Click here to [...]
Read the full article: "Noranda Announces Completion of Initial..."
Wednesday, May 19, 2010
U.S. aluminium producer Alcoa Inc. (AA.N) has struck a 95 million euro ($118 million) investment deal with Italian trade unions. The deal is for the unions to support Alcoa’s two Italian plants. Managers of Alcoa’s Italian unit were quoted saying: “The company confirms its will to remain in Italy with two production sites.” Click here [...]
Read the full article: "Alcoa and Italian Trade Unions Agree on..."
Tuesday, May 18, 2010
World’s leading producer of primary aluminum, Alcoa, Inc. (NYSE: AA) (from ALuminum Company Of America), spent $560,000 to lobby Congress and federal agencies during Q1 of 2010. Among the issues discussed were cap-and-trade legislation, hydroelectric generating facilities, and more. Click here to access the entire news
Read the full article: "Alcoa spends $560,000 to Lobby Congress"
Monday, May 17, 2010
Century Aluminum Co. (CENX.O) management and the union of the United Steelworkers of America have been having talks over a new labor contract that will cover the benefit of about 500 hourly workers at the Hawesville aluminum smelter. The company’s aluminum smelter at Hawesville has a capacity of about 244,000 tonnes per year. Hawesville plant [...]
Read the full article: "Century Aluminum, Union Negotiation at..."
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Wednesday, September 1, 2010