Following a steep rise in the price of aluminium, the London Metals Exchange (LME), the worlds largest non-ferrous metals market, is investigating the possibility that traders were colluding to drive the price up.
The...
Hydro, co-owners of the Brazilian alumina refinery Alunorte, will take part in the second plant expansion, that will lift capacity by 1.8 million tonnes to 4.2 million tonnes. This will result in further improvements to ...
Kobe Steel, Mitsui and Toyota have formed a joint venture to manufacture and market aluminium forgings for automotive applications in the United States.
The joint venture will be called Kobe Aluminum Automotive Produc...
Under a new contract from NASA, Northrop Grumman, through its Integrated System’s sector will continue developing and refining manufacturing processes, with the aim of producing large cryogenic fuel tanks from comp...
To defend itself against the $3.8 billion hostile takeover bid launched by Alcan, Pechiney have added Goldman Sachs and JP Morgan to Rothschild and BNP Paribas to come up with alternative strategies to fend off the bid.
...
In an attempt to cement its position as one of the worlds largest aluminium and packaging companies, Alcan intends to make an unsolicited offer to acquire Paris-based Pechiney. If successful, they would combine to form t...
Reliance Steel and Aluminum has just completed its acquisition of Ohio-based Precision Strip Inc for approximately $220 million, including about $26 million of debt.
Precision Strip is a metals processing operation co...
Researchers at the University of Wisconsin have discovered a nickel-tin alloy catalyst that could be used as an alternative for platinum catalysts in hydrogen fuel production systems.
The use of hydrogen fuel cells is...
Alcoa have revealed their new plan to develop advanced aluminium alloys for the next and future generation airliners.
The "20-20" initiative aims to provide a 20% weight decrease and a 20% cost reduction ove...
Norsk Hydro and Comalco have signed one of the largest alumina supply contracts in the history of the aluminium industry.
Under the terms of the contract, Comalco will supply Hydro with 300,000 tons of alumina in 2005...
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