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Mining news: ALUMINUMAlcoa, national lab testing solar technology that uses aluminum instead of mirrorsPITTSBURGH — Alcoa Inc. and the National Renewable Energy Lab in Colorado are testing a technology that uses mirrors made of aluminum instead of glass to generate solar power. The aluminum manufacturing giant and NREL said Thursday the companies are Anglo Aluminum acquires Mamou-Dalaba, prepares study. has acquired the Mamou-Dalaba bauxite property in Guinea, West Africa. The property comprises four exploration permits, covering 1,832 square kilometres in southwestern Guinea. Anglo Aluminum retained Coffey Mining of Perth, Australia, to complete a Anglo Aluminum Acquires Mamou-Dalaba Bauxite Project, GuineaKAMLOOPS, BRITISH COLUMBIA–(Marketwire - 03/18/10) - Anglo Aluminum Corp. (TSX-V:ALU - News) is pleased to announce the acquisition of the Mamou-Dalaba bauxite property in Guinea, West Africa. The property comprises 4 exploration permits covering 1832 UPDATE 1-Alcoa tests aluminum-based solar power systemNEW YORK, March 18 (Reuters) - Alcoa Inc said on Thursday it is testing solar technology that uses aluminum instead of glass mirrors to generate electricity by concentrating sunlight. The aluminum producer is working jointly with the U.S. Department of Construction drives aluminium sector recoveryThough return of speculators may cause price volatility Aluminum Corp. of China Ltd. to sell RMB5 bln 365D bills Mar. 25 …Companies: Aluminum Corporation of China Ltd. (ACH), China Construction Bank (CICHF) The following are the details for the issuance of Aluminum Corp. of China Ltd.’s 365D corporate bills: Issuer (full name) Aluminum Corp. of China Ltd. Guarantee Tin â” Tea in Aluminium BottlesThe drinks without and colourings or preservatives comes in three varieties: green tea, ginger and cardamom. After the bottle is empty it is easy to be recycled due to the 100% ecological materials it is made of. Tags: bottle design, tea Alcoa shares up as Italy parliament moves on powerNEW YORK, March 17 (Reuters) - Shares of Alcoa Inc, which has threatened to idle aluminum smelters in Italy over a power dispute, rose 5 percent on Wednesday after Italy’s parliament approved a decree offering favorable conditions to some industrial GCC aluminum firms create industry councilMENAFN - 17/03/2010 (MENAFN) Gulf Daily News reported that six GCC smelter companies have joined to form the Gulf Aluminum Council (GAC) to increase competitiveness and efficiency. The announcement was made in Dubai during the Middle East Aluminum Aluminium extrusions on the slideKjell Dannevall has developed a dog sled in aluminium. An advanced design that runs a fine line between strength and weight while giving the best performance and driving characteristics. Riding a sled with a dog team is something one may be lucky to do US Navy request raises issue about aluminum ships* Navy officials say not concerned about Austal ships * Analysts question Navy move shortly before LCS award WASHINGTON, March 16 - The U.S. Navy is seeking an analytical tool to predict problems with aluminum-hulled ships just months before it is due to Aluminium gains despite volatility at the LMEDespite the volatility presented at the LME trading sessions, the primary aluminium price managed to score some gains the previous week. The stocks decline at the Exchange and the positive momentum on global economy pushed aluminum to $2,254/mt on Monday MEast aluminium output to exceed 3 mln tpy end 2010DUBAI, March 16 (Reuters) - Aluminium production in the Middle East is expected to exceed 3 million tonnes per year (tpy) by the end of 2010, the chairman of the newly formed Gulf Aluminium Council (GAC) Abdulla Kalban said on Tuesday. Current production Gulf Aluminium Council launched at MEED 2010Two years ago, in 2008, the primary aluminium producers in the Gulf region announced the formation of an organisation — known as the Gulf Aluminium Council (”GAC”) — that would represent, promote and protect the interests of the aluminium industry Rio Tinto predicts continued strong commodities demand from China, then IndiaMELBOURNE, Australia - China’s demand for iron ore, copper, coal and aluminum will increase dramatically during the next 15 years before India takes the lead in its need for those commodities, global miner Rio Tinto Ltd. predicted in its annual report Rio eyes continued China demandRio Tinto supplies vast quantities of iron ore to China Mining firm Rio Tinto has said that China’s demand for iron ore, copper, coal and aluminium will increase dramatically during the next 15 years. The Anglo-Australian mining company then expects Press says Vedanta Aluminum IPO may be in the offeringLondon tycoon Anil Agarwal’s Vedanta Resources may be spinning off its aluminum division, the first of several spin-offs under consideration. Iran Reporting Increase in Aluminum Production by 15 pctIran’s Ministry of Industries and Mines recently announced that the volume of aluminum production in the country has witnessed a 15% increase during the last 11 months of the current Iranian year, ending March 20. According to the figures and data RUSAL Announces Restart of Idled Smelting Capacity at Novokuznetsk SmelterRUSAL announces the restart of production capacities at Site #1 of the Novokuznetsk Aluminium Smelter, which were suspended in March 2009 as part of the anti-crisis Cost Efficiency Leader programme. The restart of the pots proves that the company has Rio Tinto, Chalco in talks on Africa JV: WSJLOS ANGELES (MarketWatch) — Anglo-Australian mining giant /quotes/comstock/22x!e:rio (AU:RIO 75.64, +0.26, +0.34%) /quotes/comstock/13*!rtp/quotes/nls/rtp (RTP 222.33, -2.48, -1.10%) is in advanced talks with Aluminum Corp. of China Ltd. Coal India flags red to Vedantas plant siteState-owned Coal India Limited (CIL) has raised objections to the choice of site for Vedanta Aluminium Limiteds proposed plant at Bidhanbag near Asansol in West Bengal, saying it was a coal-bearing region. The project needs detailed discussion because of Rio Tinto Alcan executives shared almost half of $15.7 million of 2009 bonusesMONTREAL - Rio Tinto Alcan’s top two executives scored big last year, earning almost half of the US$15.69 million of bonuses paid out by the global mining giant to its senior officers. Aluminum division CEO Dick Evans, who retired last April but remained Govt welcomes CHN report on failed Chinalco-Rio dealThe report exonerates the Australian government for the collapse of the planned merger between the Aluminium Corporation of China (Chinalco) and Rio Tinto, Fairfax media reports. The proposal sparked public debate on the growing level of Chinese American Canyon s Amcor screw-cap sees surging demandAMERICAN CANYON — The North Coast impact of a recent multibillion-dollar divestiture of various divisions of Alcan Packaging, which makes the Stelvin line of aluminum screw cap wine closures, is expected to be more production capacity soon at the US Collects Record Aluminium Cans During Recycling ChallengeAlmost 105 million used beverage cans, or more than 3 million pounds of recycled aluminium, have been collected during the Aluminum Can Council’s (ACC) America Recycles Day Challenge. The cans will be used for recycling, saving 196,576 MBTUs of energy Executive Bonuses Rise At Rio Tinto’s Aluminum BusinessLONDON -(Dow Jones)- Anglo-Australian miner Rio Tinto PLC (RTP) paid out $7.72 million in bonuses to chief executives at its aluminum subsidiary last year, the company said Monday. Dick Evans, who retired as Rio Tinto Alcan’s CEO last year, earned $7.41 Rio Tinto cleared over Chinalco dealLONDON (SHARECAST) - Rio Tinto has been cleared of wrong doing over the collapse of its proposed tie-up with aluminium group Chinalco by an internal Chinese investigation, which instead blamed naivety, poor PR and soaring metal prices for its breakdown. Vedanta may spin off aluminium unitThe ShareCast news service is operated by Digital Look Ltd. © Digital Look Ltd 1998-2010. All rights reserved. Republication or redistribution of Digital Look Ltd content, including by caching, framing or similar means, is expressly prohibited without 2010 year of base metalsRelated Stories LONDON (Commodity Online): Last year was dedicated to gold, and 2010 seems to be the year of base metals.According to analysts, prices for aluminium, copper, nickel, lead and zinc are all set to outsmart gold prices this year as Exclusive: Confident Chinalco sees deals in 2010BEIJING (Reuters) - Aluminum Corp of China (Chinalco), the top aluminum group in the country, will further expand into overseas resources, and its confidence remains undimmed by the failure to raise its stake in Rio Tinto (RIO.AX), Chinalco President Industrial metals (copper, aluminium, nickel, etc.) daily review (March 15, 2010)Industrial metals mostly flat on Friday, trading in tight ranges with dollar declines supporting prices but with gains limited by worries China might tighten monetary policy and slow metals demand. - The Andina copper mine owned by Chile’s Codelco was Confident Chinalco sees deals in 2010By Tom Miles BEIJING, March 15 (Reuters) - Aluminum Corp of China (Chinalco), the top aluminium group in the country, will further expand into overseas resources, and its confidence remains undimmed by the failure to raise its stake in Rio Tinto, Japan Q2 aluminium premiums mostly at $122-$124/Teconomy aluminium ingot aluminium ingot » economy TOKYO, March 15 - Term premiums for primary aluminium shipments to Japan for April-June have mostly been agreed at $122-$124 per tonne, traders said on Monday, marking the first drop in a year. The RPT-Vedanta eyes aluminium unit spin-off - paperLONDON, March 14 - Indian-focused mining group Vedanta VED.L is planning to spin off its aluminium division with an announcement regarding a demerger due as early as this week, said UK newspaper the Independent on Sunday. The paper said the London-listed Vedanta eyes aluminium unit spinoffIndian-focused mining group Vedanta is planning to spin off its aluminium division with an announcement regarding a demerger due as early as this week, said UK newspaper the Independent on Sunday. The paper said the London-listed group will apply to the Vedanta Resources plans to spin off $20bn aluminium divisionVedanta Resources, the mining group, could become the latest FTSE company to push for a demerger after property giant Liberty International unveiled plans last week to demerge into two businesses. The India-based mining group has drawn up plans to Vedanta may spin off aluminium projectMUMBAI: Vedanta Resources — the mining major owned by London-based tycoon Anil Agarwal — is likely to demerge a large aluminium project in Orissa into a separate entity to help the conglomerate get a better valuation for the aluminium business. Inference of existence of arbitration agreement from correspondenceFacts Decision Comment In Trimex International FZE Ltd v Vedanta Aluminium Ltd(1) the Supreme Court made an important pronouncement concerning the scope of determination of the existence of an arbitration agreement from correspondence between the parties Tubelite introduces EcoLuminum for its architectural productsMetal Construction News 3/1/2010 Tubelite Inc., Walker, Mich., now manufactures all of its architectural, extruded aluminum products with EcoLuminum, a high recycled-content aluminum billet composition featuring environmentally friendly finishes. The SAF announces three-day paint serviceMetal Construction News 3/1/2010 Southern Aluminum Finishing Co. Inc., Atlanta, added a three-day paint service for in-stock aluminum extrusions and sheet. The SAF 3-Day Out Paint Program features quality, Fluoropolymer painted, extrusions an sheets in Vedanta eyes aluminium unit spin-off - paperLONDON, March 14 (Reuters) - Indian-focused mining group Vedanta is planning to spin off its aluminium division with an announcement regarding a demerger due as early as this week, said UK newspaper the Independent on Sunday. The paper said the Iran’s Aluminum Production Increases by 15 pctTEHRAN (FNA)- Iran’s Ministry of Industries and Mines announced that the volume of aluminum production in the country has witnessed a 15% increase during the last 11 months of the current Iranian year (ending March 20). According to the figures and data Iran’s aluminum production sees 15pc hikeTehran, March 14, IRNA – Production of aluminum in Iran has increased by 15 percent during the first 11th months of the current Iranian calendar year. According to a report released by Iranian Mines and Mining Industries Development and Renovation ANZ wins Roger AwardRIO TINTO ALUMINIUM NZ LTD 2ND; TELECOM THIRD AUCKLAND CITY COUNCIL & ITS OFFICIALS WINNER OF ACCOMPLICE AWARD Finalists: ANZ, BNZ, Infratil, Newmont, Rio Tinto Aluminium NZ, Rymans, Telecom, Transpacific and Westpac. There were two finalists for the 105 Million Aluminum Beverage Cans Collected for ‘America Recycles Day’FOR IMMEDIATE RELEASE Contact: Sean Reilly 202-232-4677 sreilly@cancentral.com WASHINGTON, D.C., March 11, 2010 (News Release) - During a 12 week period, over 105 million beverage cans, or more than 3 million pounds of recycled cans, raised over $2.3 Aluminum Powder Plays Key Role in Photovoltaics GrowthThe growth of solar cell applications has averaged nearly 30 percent a year as the world looks to clean, renewable energy technologies as alternatives to fossil fuels. The sight of solar panels on homes, utility poles and businesses around the world is Vedanta kicks off breakup with $20bn aluminium floatVedanta Resources, the India-based Ftse 100 miner, is ready to begin a massive break-up of its business with the demerger of its $20bn (13bn) aluminium division. The new firm will be the world’s fourth biggest aluminium player, behind Russia’s United Nalco signs MoU with Ministry of MinesAdvts: Retail Plus | Classifieds | Jobs | Obituary | Other States- Orissa Staff Reporter Nalco also agrees to focus on completing the various targets of Utkal-E coal block for coal production by June 2012 BHUBANESWAR: National Aluminium Company Limited, Aluminium tins and plastic glassesIn a previous article, I referred to the change in use of the term wrought iron, which was originally the name of a material but over time, came to refer to certain products which were at one time made with this material but have for some time been made Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding Industry in the U.S. and its International TradeThe Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding Industry report contains the most recent data and analysis on the industry’s key financial data, cost and pricing, competitive landscape, industry structure, and trends. |
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