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Alumina: Russia’s Rusal will build a new $4.8 billion plant on the Baltic Sea
Russian company Rusal will build a plant for the production of alumina, used in aluminium production, in the Russian Baltic Sea port of Ust-Luga in a bid to reduce its dependence on imported raw materials. Rusal is the world's largest aluminium producer outside China....
Iron ore: Turkish imports fell by 39.9 per cent in January-April
According to data provided by the Turkish Statistical Institute (TUIK), Turkish iron ore imports amounted to 418,343 tons in April this year, down 34.9% from the previous month and 66.2% from the same month in 2022. The value of these imports was $61.90 million, down...
Batteries and electric motors: Fortescue expands UK production with new plant
Australian company Fortescue Metals is expanding its battery and electric motor manufacturing operations in the UK with a new plant in Oxfordshire. The Banbury plant will open in 2024 and will operate alongside Fortescue's other plants in Oxfordshire, including the...
Aluminum: China’s May production was largely unchanged from a year earlier
China's primary aluminum production in May increased only slightly from a year earlier, according to data released Thursday, as output in most regions remained stable, while production growth was limited by the prolonged power outage in the southwestern province of...