RECENT NEWS
Mining Weekly  3 hrs ago  Comment 
A strike over wages and job cuts has stopped output at Guyana's largest bauxite mine, a subsidiary of Russian aluminum giant Rusal, the leader of the union said on Monday. Charles Sampson, president of the Guyana Bauxite Workers Union, told...
The Economic Times  5 hrs ago  Comment 
Indian aluminium maker Hindalco Industries has raised $600 million through sale of shares, two sources with direct knowledge of the deal said on Tuesday.
Bloomberg  11 hrs ago  Comment 
(Update3) Warehouses holding enough aluminum to build 69,000 Boeing 747 jumbo jets are why Peter Sorrentino says the most abundant metallic element in the earth’s crust is too expensive.
Sydney Morning Herald  Nov 23  Comment 
Metal Bulletin  Nov 23  Comment 
California's recycling figures for aluminum cans and plastic bottles look good, except for the footnote-one that could shrink reported gains.
Metal Bulletin  Nov 23  Comment 
Imperial Aluminum LLC, successor to the smelting assets of Commercial Alloys Corp., is putting its Alabama plant back in operation.
Business Standard  Nov 23  Comment 
Hindalco Industries, Indias largest aluminium maker, plans to sell shares to institutional investors at Rs 130.90 each to raise Rs 2,900 crore this week. The board of directors met here today to fulfill the formalities before the issue is opened.
Commodity Online  Nov 23  Comment 
Nalco has achieved exports of Rs 7 609.07 crore during the current year up to July 31 including the previous three years from April 2006 to July 2009. Since 2005 Nalco has been recognised as a five star trading house for its substantial...
Reuters  Nov 23  Comment 
Aluminium maker Hindalco Industries Ltd said it had shareholder approval to sell up to 29 billion rupees ($625 million) worth of shares and it was opening a share sale on Monday at 130.90 rupees each.
Mining Weekly  Nov 23  Comment 
Rio Tinto's aluminium operation in Cameroon has secured a 30-year power supply contract with the government but electricity costs have doubled and output from a smelter will fall due to cuts in power consumption, Rio said. Rio Tinto Alcan is a...
Business Standard  Nov 22  Comment 
Reliance Spot Exchange, an initiative from Reliance Exchange Next,(a Reliance Capital company), is planning to start spot trading in metals like aluminum, zinc and copper soon.
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Companies in this category sell aluminum and aluminum products. In addition to mining bauxite ore, one of the most common sources of aluminum, some of these companies also produce gold and silver as well.

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