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Mitsubishi Materials’ Aluminum Business to be Acquired by Apollo Funds

November 26th 2021

The decision to divest its aluminum business comes in the midst of forecasts of strong growth to aluminum market over the coming years.

Aluminum Output in India Forecast to Reach 5 Million Tonnes

Vedanta is currently carrying out expansion of its Lanjigarh alumina refinery in the eastern state of Odisha.

Rio Tinto to Boost North American Smelter Capacity

The additional capacity equates to almost 0.7% of the total regional production, it said.

Primary Aluminum Metal Market Ended in Deficit: WBMS

The total reported stocks of the metal declined in September to close the period at 1,131 kt compared with end-2020 levels.

New Report Highlights the Importance of Boosting Aluminum Recycling

The study focused on the environmental performance of aluminium refining processes used to produce cast alloy aluminium ingots from aluminium scrap.

Alcoa Honored for ESG Performance by DJSI

The company was included in the materials category of the North American Index and was recognized as the Social Dimension leader in the aluminum industry.

Century Aluminum Announced New Power Supply Deal for Iceland Smelter

The partnership with Qair could prove to become an important step in its journey to lower carbon emissions, he added.

Aluminum Can Industry Targets 70% Recycling Rate by 2030

The industry aims to attain 80% recycling rate for aluminum beverage cans by 2040 and more than 90% by 2050.

Alcoa Technology Released Roadmap to Reinvent Aluminum Industry

The Refinery of the Future aims to reduce the capital cost of developing a refinery and enable decarbonization of the alumina refining process.

Alcoa to Restart Curtailed Aluminum Smelting Capacity

The construction works are likely to create 50 temporary positions.

Century Aluminum Announced Expansion of Casthouse at Iceland Smelter

The new casthouse will be built at an investment of around $120 million and is expected to generate nearly 90 jobs in the region.

Century Aluminum Ended Q3 This Year in Net Loss

The company’s liquidity position at the end of the quarter was $126.8 million.

Novelis Posted Exceptional Results in Q2 Fiscal 2022

The net sales during the quarter were up by 38% to $4.1 billion.

Alcoa Completed $240 Million Sale of Former Rockdale Site

The transaction came to an official conclusion on Friday, October 29, 2021.

Metal Prices

Base Metals		VIEW ALL
Alumina 98.5% min	58570.40	5690.64
Aluminum Alloy A356	2.70723	0.23
Minor Metals		VIEW ALL
Ammonium heptamolybdate 54% min	2292776.64	-171898.56
Ammonium metavanadate 98% min	1515367.84	-72654.76
High Purity Metals		VIEW ALL
Aluminum ingot purity 9999900	41900.00	0
Aluminum oxide purity 9900000	12100.00	0
Rare Earth		VIEW ALL
Cerium carbonates TREO 45% min, CeO2 / REO 100%	126342.72	-3768.68
Cerium Metal 99% min	437925.60	6402.12

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