The State Property Fund and Russia’s Russian Aluminum has signed a memorandum on agreed actions to support the activities of Zaporizhia Aluminum Plant and an annex to the agreement on the sale and purchase of Mykolaiv Alumina Plant Ltd. For full story, click here
Aluminum Corporation of China on July 1 signed a strategic cooperation agreement with the Beijing Bank, a joint stock commercial bank. For full story, click here
Alcoa declared that it has reached an agreement with Noble Corporation to acquire Noble’s intellectual property pertaining to welded aluminum risers used in offshore oil and gas exploration and development. Noble, a leading drilling contractor, designs and deploys welded aluminum riser systems using Alcoa’s advanced extrusions and forgings, including the same highly engineered alloys used [...]
Alcoa Inc., the leading U.S. aluminum producer announced that it may cut output at a Quebec smelter by about a third if workers don’t agree to lower wages. For full story, click here
Tuesday, July 28, 2009