Hydro’s Extrusion Americas unit has reported an energy surcharge option, effective with all orders placed after September 1, 2008. Lynn Brown, senior vice president Extrusion Americas sales & marketing, said: Although we have seen some easing in energy costs over the past few weeks, energy costs remain at unprecedented levels. For full story, click here
Rio Tinto Alcan has signed an agreement to help secure workers for constructing a proposed $2.5-billion aluminum smelter in northwestern British Columbia. Wayne Peppard, executive director of the British Columbia and Yukon Building and Construction Trades Council, said: What they’re concerned about mainly is the first access to the skilled trades. For more information, click here For [...]
Aluminum prices have rose by 70% in the kingdom of Saudi Arabia due to fluctuation in demand and supply. For full story, read here
Barclays capital reported that Aluminum may gain as power shortages force producers in China to cut output. For more information, click here
Increased aluminum sales boosted Rio Tinto Group’s first half profit. London-based Rio said: Net income rose to $6.91 billion, from $3.25 billion a year earlier. Click here for full story.
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Friday, August 29, 2008