News

Hydro to build Karmøy technology pilot

Hydro has made a formal build decision for the planned full-scale technology pilot at Karmøy, Norway, aiming to verify the world's most climate and energy efficient production of primary aluminium.

Total costs are estimated at NOK 4.3 billion, consisting of net project costs of NOK 2.7 billion and around NOK 1.6 billion in support from Enova.
 
First metal from the technology pilot is expected during the second half of 2017.
 
"After several successful improvement programs, the next steps in our efforts to further strengthen our...

London Metal Exchange new Ring

The London Metal Exchange (LME) has unveiled the newly built Ring, the Exchange’s open-outcry trading floor, after successfully relocating to 10 Finsbury Square in London on 1 February 2016.

The Ring has provided a transparent and robust price-discovery process for the global metals industry for 139 years. Its move to a new building at Finsbury Square is the next step in the modernisation of the metals exchange, which was acquired by HKEX in 2012. 

“We’ve demonstrated our commitment to the Ring, a long-standing and trusted price-formation venue, by...

Alcoa admired

For the fifth consecutive year, Alcoa has been named the most admired metals company by Fortune magazine in its annual ranking on corporate reputation. 

Alcoa has been on Fortune’s Most Admired List since the publication began the annual ranking more than 30 years ago.

In addition, Alcoa received top scores in all key attributes: innovation, people management, social responsibility, use of corporate assets, quality of management, financial soundness, long-term investment value, quality of products and services, and global competitiveness.

“This...

Alba upgrades to EGA DX+ Ultra Technology for Line 6

Aluminium Bahrain B.S.C. (Alba), has upgraded the technology for its Line 6 Expansion Project from EGA DX+ to the EGA DX+ Ultra.
 
The signing ceremony was held in Dubai on February 23, 2015 and was attended by Alba’s Director for Line 6 Smelter Project and Engineering, Shawqi Al Hashimi and Emirates Global Aluminium’s Abdulla Kalban (MD & CEO), Dr. Ali Al Zarouni (Senior Vice President, Jebel Ali Operations, Technology Development & Transfer) and members of the EGA Technology Development & Transfer department.
 
The upgrade to the...