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Aluminum Producers
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LONDON, May 23- Trader Andrew Caplan is set to become the new head of Glencore Xstrata's aluminium division after the departure of veteran Gary Fegel, a source with direct knowledge of the situation said.
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*Industry cuts will help lift price above $2,000/ tonne. *China market in balance, little likelihood of exports soon. RUSAL estimates a fifth of global production outside China is loss-making, even with demand expected to grow 6 to 7 percent in 2013..
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May 14- Novelis Inc, the world's largest producer of rolled aluminum products, reported a quarterly profit on Tuesday, versus a year-earlier loss, boosted by stronger demand and better cost controls.
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May 14- Novelis Inc, the world's largest producer of rolled aluminum products, reported a quarterly profit on Tuesday, versus a year-earlier loss, boosted by stronger demand and better cost controls.
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NEW YORK-- Constellium NV, a maker of aluminum products, on Monday filed for an initial public offering of stock that could raise as much as $422 million. The Dutch company expects to list its shares on the New York Stock Exchange and Euronext Paris.
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MOSCOW, May 13- UC RUSAL, the world's largest aluminium producer, will report a recurring net profit of $47 million in the first quarter after a net loss a quarter earlier, a Reuters poll of 10 banks and brokerages showed on Monday. "
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ABU DHABI, May 7- Emirates Aluminium, a joint venture between Abu Dhabi investment fund Mubadala.
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BHUBANESWAR, India, May 7- State-run National Aluminium Co Ltd, India's third-largest producer of aluminium, has issued a spot tender to export 30,000 tonnes of alumina, two company sources told Reuters on Tuesday. The last date of submission of bids is May 14 and delivery would be made at the end of this month, said the officials, who did not wish to be named.
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BHUBANESWAR, India, May 3- National Aluminium Co Ltd, India's third-largest producer of aluminium, cut domestic prices of aluminium ingots by 3 percent following a drop in global prices, two company officials said on Friday.
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May 2- Alcoa Inc plans to invest $275 million over three years to boost the capacity of a Tennessee plant to produce aluminum sheet for the automotive industry, the company said on Thursday. Alcoa will expand the facility in Alcoa, Tennessee, and convert some of its can sheet capacity into automotive sheet production.
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May 2- Alcoa Inc plans to invest $275 million over three years to boost the capacity of a Tennessee plant to produce aluminum sheet for the automotive industry, the company said on Thursday. Alcoa will expand the facility in Alcoa, Tennessee, and convert some of its can sheet capacity into automotive sheet production.
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May 2- Alcoa Inc said on Thursday it would invest $275 million over three years to expand a Tennessee facility, boosting its capacity to produce aluminum sheet for the automotive industry.
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May 2- Alcoa Inc said on Thursday it would invest $275 million over three years to expand a Tennessee facility, boosting its capacity to produce aluminum sheet for the automotive industry.
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May 1- Alcoa Inc said on Wednesday it could shut down as much as another 11 percent of its aluminum smelting capacity, targeting higher-cost facilities amid weak prices.
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May 1- Alcoa Inc said on Wednesday it is considering curtailing its aluminum production, a move that could affect up to 11 percent of its global smelting capacity. The company said it is reviewing 460,000 tonnes of smelting capacity for possible curtailment over the next 15 months. It already has 13 percent of its capacity idled.
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NEW YORK, April 30- Rio Tinto Alcan. said it has suspended anode production at its 424,000- tonne-per-year Alma aluminum smelter in northern Quebec while it investigates the cause of a accident overnight that killed a worker at the facility. The Syndicat des M tallos, the United Steelworkers branch in Quebec, said the accident victim was a woman.
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NEW YORK, April 30- Rio Tinto Alcan has suspended anode production at its 424,000- tonne-per-year Alma aluminum smelter in northern Quebec while it investigates the cause of a fatal accident overnight. The plant, which is located in Saguenay-Lac-Saint-Jean, about 310 miles northeast of Montreal, produces 250,000 anodes per year.
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NEW YORK, April 30- Rio Tinto Alcan. said it has suspended anode production at its 424,000- tonne-per-year Alma aluminum smelter in northern Quebec while it investigates the cause of a accident overnight that killed a worker at the facility. The Syndicat des M tallos, the United Steelworkers branch in Quebec, said the accident victim was a woman.
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*Rio Tinto had been considering shutdown at Sebree smelter* Sebree, in Kentucky, employs more than 500. April 29- Century Aluminum Co said on Monday it would buy a Kentucky smelter from Rio Tinto and announced a tentative deal on power costs for a nearby smelter it had threatened to close, sending its shares up more than 9 percent.
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*Rio Tinto had been considering shutdown at Sebree smelter. *Sebree, in Kentucky, employs more than 500. Century, partially owned by a subsidiary of Glencore International PLC, will buy the Sebree smelter in Henderson County, Kentucky, from the global mining giant for $61 million in cash and receive $71 million in working capital.