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Aluminium News

The aluminium-power conundrum unravels

By: Terence Creamer     20th February 2004 The development of a world-class aluminium industry on the east coast of Southern African (South Africa and Mozambique) has been an unequivocal success for investors and the two countries alike. 

Life at Coega beyond aluminium

By: Irma Venter     13th February 2004 Should the bid to establish the R16-billion Alcan aluminium smelter at Coega fail, the development of the Coega industrial development zone (IDZ) and related Port of Ngqura will continue. 

Still scope to move South African aluminium downstream

     23rd January 2004 Although the aluminium industry in South Africa has a huge competitive advantage over other countries in the world, mainly due to cheaper electricity for smelting, there is still a need for the industry to shift to value adding manufacturing, says Japan External Trade Organisation (Jetro),... 

Alcan announces impairment charge on Coega smelter project

     20th January 2004 Canadian aluminium giant Alcan Inc will make France's Pechiney book an impairment charge of 45 million euros for costs related to the Coega smelter project in South Africa, Pechiney said on Monday. 

Erwin confirms meeting with Alcan

     20th January 2004 Trade and Industry Minister Alec Erwin has confirmed that he met with representatives from Alcan on Friday January 16, 2004. 

Nigeria sets Jan 27 deadline for Alscon bidders

     15th January 2004 Nigeria has set a January 27 deadline for submission of revised bids by prospective core investors in its troubled aluminium smelter, after a deal with existing minority shareholders. 

132 000-t/y Hillside expansion project completed

     11th December 2003 The world’s largest diversified miner, BHP Billiton, yesterday announced that the expansion project at its wholly-owned subsidiary, Hillside Aluminium smelter, in Richards Bay, reached full commissioning this week. 

US confirms dumping probe of SA's Hulamin

     2nd December 2003 Alcoa on Monday said the International Trade Commission voted unanimously to continue investigating an antidumping petition filed by the aluminum maker against South African producer Hulett Aluminium. 

Power crucial to any new aluminium expansions

By: Terence Creamer     28th November 2003 The securing of long-term power contracts will be crucial to any decision by resources group BHP Billiton (BHPB) to further expand its aluminium smelter production footprint in Southern Africa. 

Provincial spinoff from aluminium project surpasses estimates

By: Martin Zhuwakinyu     21st November 2003 Empowerment companies and the economy of Kwazulu-Natal in general have benefited immensely from the $449-million expansion of BHP Billiton’s Hillside Aluminium smelter, in Richards Bay. 

'Power deal crucial to any new aluminium expansion plan'

By: Terence Creamer     19th November 2003 The securing of long-term power contracts will be crucial to any decision by resources group BHP Billiton (BHPB) to further expand its aluminium smelter production footprint in Southern Africa. 

SA prioritising public fixed investment - Manuel

By: laurian clemence     21st October 2003 Finance Minister Trevor Manuel believes that South Africa’s macroeconomic stability is creating the necessary platform for greater capital expenditure by government, but that public-private partnerships (PPPs) will also be important in the delivery of economic infrastructure. 

Hulett questions Alcoa’s antidumping petition

     20th October 2003 South African-based producer of aluminium rolled products Hulett Aluminium has questioned the background to an antidumping petition filed against it in the US by Alcoa, the world’s largest aluminium producer. 

Swedish aluminium firm concerned about Euro strength

     20th October 2003 Swedish firm Sapa AB, a leading maker of aluminium profiles and aluminium heat exchanger strip for car radiators, said at the weekend it was worried about the strengthening of the euro. 

Alcoa files antidumping petition against Hulett

     17th October 2003 Alcoa, the world's biggest aluminum producer, said yesterday it filed an antidumping petition with trade authorities against South African producer Hulett Aluminium, citing unfair trade practices in imports of aluminum alloy rolled plate. 

Mozambique going downstream with aluminium – President Chissano reveals

By: Martin Creamer     17th October 2003 Mozambique is taking steps to go downstream with aluminium, president Joachim Chissano revealed last week. 

Seat-belt component firm looks to raise output

By: nkolola halwindi     17th October 2003 Manufacturer of seat-belt spindles and various other diecasting components KPL Die Casting hopes to increase its manufacturing capacity significantly, indicates MD Sally Marengo. 

Aluminum project finds few friends in Patagonia

     14th October 2003 In a long, skinny country like Chile, location is usually a matter of north or south. 

Moz going downstream with aluminium - Chissano

By: Martin Creamer     9th October 2003 Mozambique is taking steps to go downstream with aluminium, president Joachim Chissano revealed yesterday. 

Alcan wins approval to open Pechiney bid

     7th October 2003 Canadian aluminium maker Alcan will open its €4-billion takeover bid for French rival Pechiney on October 7 after clearing final regulatory hurdles in France. 

Lightweight construction lightens up the future

By: Karel Smrcka     3rd October 2003 Joining techniques provide important enabling technologies for lightweight construction because they permit new lighter constructions to be made with adequate strength and also enable different materials to be joined together. 

Pechiney signals Coega smelter to go ahead

     1st October 2003 French aluminum firm Pechiney, which has accepted a bid from Canada's Alcan, has signalled that its Coega smelter project in South Africa will go ahead despite the changes, a South African minister said yesterday. 

IDC seeks high-level meeting with Alcan on Coega smelter plan

By: Terence Creamer     18th September 2003 South Africa’s Industrial Development Corporation (IDC) has requested a meeting with executives from North American aluminium giant Alcan to discuss prospects for the $2,2-billion Coega aluminium smelter now that Pechiney had decided to accept Alcan’s takeover offer. 

Materials take to the road

By: Karel Smrcka     12th September 2003 The motor car industry and components suppliers are among the biggest users of materials in manufacturing. 

Nigeria delays choosing bidder for aluminium plant

     26th August 2003 Nigeria has deferred the choice of a core investor for its 193 000-tons-a-year aluminium smelter, after a legal audit revealed the firm signed agreements that mortgaged its future, officials said. 

IDC to take 12,5% in Pechiney smelter

     20th August 2003 South Africa's Industrial Development Corporation (IDC) said on Tuesday it was paying $275-million for a 12,5% stake in the Coega aluminium smelter being developed by France's Pechiney. 

Tongatt-Hulett reports successes in Moz and Russia

     20th August 2003 South African food and aluminium group Tongaat-Hulett said yesterday its sales in Mozambique have exceeded 10 000 t a month, for the first time in July. 

Russian aluminium firm's output surges

     31st July 2003 The world’s second largest aluminium producer, Rusal of Russia, announced volume growth across all main product lines for the first half of 2003. 

Pechiney to press ahead with Coega plans

     23rd July 2003 French aluminium producer Pechiney said on Tuesday it would press ahead with its South African aluminium smelter project regardless of whether a bid for the company from Canadian rival Alcan was successful or not. 

Pechiney board says Alcan offer inadequate

     9th July 2003 French aluminium company Pechiney said today an unsolicited 3,4-billion euro takeover offer from Canadian rival Alcan was inadequate and against shareholder, staff and its own interests. 

Pechiney board to meet to hatch Alcan bid response

     9th July 2003 The board of French aluminium maker Pechiney would have met yesterday to thrash out a formal response to a hostile takeover bid from Canada's Alcan that it has already called unfriendly and underpriced. 

Alcan launches hostile bid for Pechiney

     8th July 2003 Canada's Alcan yesterday launched a hostile 3,4-billion euro cash-and-stock bid for French rival Pechiney, in a deal that would create the world's largest aluminium group by revenues. 

145 km of cables supplied

By: zeena isaacs     4th July 2003 Electric power cable company, South Africa African Cables, supplied a total of 145 km of low and medium-voltage cable to the Hillside Aluminium smelter expansion project. 

Aboveground work starts in earthing contract

By: zeena isaacs     4th July 2003 Durban-based company SME Lightning Protection & Earthing has completed the underground earthing works at the Hillside Aluminium smelter expansion project, in Kwazulu-Natal. 

Construction contract for smelter awarded

     4th July 2003 A general construction and management contract valued at $600-million for the construction of an aluminium smelter in South Africa has been awarded to Technip-Coflexip of France, in a joint venture with the Bateman group. 

Eskom pledges R2,3bn to provide Coega smelter with electricity

By: Luxolo Tyali     4th July 2003 Negotiations between South African power utility, Eskom, together with the Industrial Development Corporation (IDC), on equity participation in the Pechiney aluminium smelter, to be constructed at Coega, in the Eastern Cape, are at an advanced stage, reports Eskom spokesperson Fani Zulu. 

First metal expected early next year

     4th July 2003 The expansion of the Hillside aluminium smelter in Richards Bay is 60% complete, and is on track to produce its first metal in the first quarter of next year. 

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