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Aluminium/Bauxite

Chevy’s Anti-Aluminum Ads with the Ford F150 haven’t Helped Sell the Silverado – by Patrick Rall (Torque News – June 7, 2017)

 

https://www.torquenews.com/

It has been just over a year since Chevrolet rolled out their Silverado ads featuring a new Ford F150 bed being damaged by dropping various objects onto the aluminum surface and in that year, Ford sales have risen while Silverado sales have dropped – showing that the automotive consumer may not favor negative advertising.

Back in June 2016, Chevrolet rolled out a series of commercial for the Silverado which featured their truck parked next to a new Ford F150. In these commercials, “real people” looked on as a load of paver stones was dropped from a frontloader into the bed of each truck.

The Silverado’s steel bed held up to the bricks without only scuffs and dents, while the bed of the F150 saw more severe damage. Of course, the “real people” reacted with great surprise at this and when a large, steel toolbox pushed over the edge of the bedside did significantly more damage to the F150’s aluminum bed, the onlookers were equally stunned.

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America Has a Secret Switch to Make Military Metal – by Joe Deaux (Bloomberg News – June 7, 2017)

https://www.bloomberg.com/

Seemingly with the flip of a switch, the U.S. could use an existing technology to produce all the specialized “high-purity” aluminum it needs for defense applications, according to researcher Harbor Intelligence.

In April, the Trump administration opened an investigation into whether an influx of foreign aluminum was a threat to national security. Commerce Secretary Wilbur Ross said at the time that part of the rationale for the probe was to investigate whether domestic manufacturers might be unable to meet the Pentagon’s needs in the event of a war.

U.S. producers would have to spend about $25 million to expand their capacity to meet the military’s needs for so-called high-purity aluminum through a process called fractional crystallization, Harbor Intelligence analyst Tom Leary said Wednesday in an interview. That technology removes impurities from the primary metal and turns it into its purer form, he said.

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Trump ‘Has a Point’ on China’s Cheap Aluminum, Glencore CEO Says – by Jack Farchy, Erik Schatzker and Mark Burton (Bloomberg News – June 1, 2017)

https://www.bloomberg.com/

Donald Trump “has a point” in criticizing China’s trade in aluminum and steel as cheap power has effectively been a subsidy to Chinese producers, said Glencore Plc chief Ivan Glasenberg.

Trump should be pragmatic in dealing with China, given that it imports a lot of U.S. goods, said Glasenberg during a Bloomberg Television panel at the St. Petersburg International Economic Forum.

“China was producing coal and selling it to the power stations at a loss,” he said. “Aluminum companies were getting subsidized power.”

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The U.S. challenges China on aluminum — and catches Canada in its dragnet – Editorial (Washington Post – May 31, 2017)

https://www.washingtonpost.com/

THE UNITED STATES should stand for free trade and, consistent with that policy, exercise its right of redress when other nations try to gain unfair advantage. Fighting back can be tricky, though; Washington has to be careful not to create new problems in the process of dealing with existing ones.

Case in point: The Trump administration recently began an investigation into the national security threat allegedly posed by imports of two metals, steel and aluminum, that are undeniably crucial to the manufacture of military hardware. The chief target here is China, whose vast, bloated government-backed industries are flooding the world market with cheap product, threatening the viability of U.S. producers.

That, in turn, could create not only economic woes for those companies, but also a dangerous level of dependency for U.S. war-fighters. The basic complaint against China — that it is pumping out exports from money-losing plants and propping them up with cheap loans — is sound. Indeed, one of the last acts of the Obama administration was to file a complaint about this at the World Trade Organization.

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Queensland jobs: $13b boost puts mining back on track – by John McCarthy (Brisbane Courier-Mail – May 27, 2017)

http://www.couriermail.com.au/

THE mining and resources downturn is over and thousands of jobs are coming back to the industry, with an injection of up to $13 billion in new and revived projects.

With the Adani coal project back on track after a State Cabinet agreement was reached late on Friday on a new royalty payment scheme, Queensland can look forward to a number of projects – some of which have ¬already started – in a revival of the industry after five years of the doldrums. There are now concerns in the industry of a skills shortage.

Red River is about to restart production at its Thalanga lead-zinc mine near Charters Towers and managing director Mel Palancian said that would mean about 100 to 120 jobs, mostly for locals. The mine closed in 2012 when its then owners Kagara Zinc collapsed.

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Guinea to Mandate Domestic Refining of Bauxite – by Staff (Aluminum Insider – May 15, 2017)

http://aluminiuminsider.com/

The president of the Republic of Guinea decreed last week that miners who produce over a certain amount of bauxite ore “will be obliged to build an alumina plant.” President Alpha Condé made the remarks in speech at recent mining conference in Guinea’s capital Conakry.

Condé spoke at last week’s Symposium Mines Guinea, the largest mining event in West Africa. Though the event’s theme was “The Mining Sector: The Key To Transforming The National Economy For The Benefit Of All Actors,” Condé made waves by immediately and publicly objecting to the premise.

“I apologize, I will start by showing that I do not agree with the minister,” opined Condé. “I have already said that mines can not be the lever for the development of Guinea. We are not in control of commodity prices whose prices are set in London, Washington or Montreal.”

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Guinea town’s unrest a cautionary tale for African mining – by Tim Cocks (Reuters U.S. – May 12, 2017)

http://www.reuters.com/

BOKE, GUINEA – When the frustration of youths in this Guinean mining town finally erupted, they looted shops, pillaged government buildings and smashed up dozens of vehicles, dispersing only when police opened fire.

“It was an immense crowd,” said Lieutenant Souare Abdoul, a fireman who had to shelter in a council building in Boke while young men tore out furniture, emptied a safe, stole computers and scattered hundreds of files across the floor.

“You could see they were angry and they wanted to destroy this place,” he added, walking on a carpet of papers and shattered glass. Only after gendarmes opened fire were the council staff able to escape.

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The midcentury aluminum homes that would have changed U.S. suburbs – by Anthony Paletta (Curbed.com – May 10, 2017)

https://www.curbed.com/

A look back at the Alcoa Care-free homes, on their 60th anniversary

“Here is your Dream House Made Real” began the promotional brochure for the Alcoa Care-free Home, an aluminum prototype home designed by Charles Goodman and launched 60 years ago, in 1957.

Ductile metals are not usually the stuff of dreams—unless you’re an aerospace engineer—but Alcoa, a Pittsburgh-based aluminum company, hoped that homes made of their flagship product might find a place in your local cul-de-sac.

They largely did not. That largely seems due to their price tag of $60,000 (just shy of of $438,000 in today’s dollars, and more than twice what was advertised), rather than due to any defects in the design. But the program—and the two dozen homes actually built—are a powerful argument for Charles Goodman’s clever midcentury design.

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How would you like your aluminum? Green or black? – by Andy Home (Reuters U.S. – May 10, 2017)

http://www.reuters.com/

LONDON – Aluminum is one of the materials benefiting from the greening of the world’s economy. Lightweight and durable, it has been making steady inroads into the transportation sector in particular and enjoys one of the strongest usage profiles of any industrial metal.

But what promoters such as the Aluminum Association dub “the miracle metal” has a dirty little secret. To produce the stuff requires a lot of electricity and in many parts of the world that electricity is generated by coal, every environmentalist’s bogey fossil fuel.

Aluminum’s split eco-personality, green in its applications, a lot darker in its production, has been exposed by China’s inclusion of the metal in the list of industries targeted for smog-busting production cuts during the winter heating months.

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Alcoa CEO says aluminum producer rejuvenated by split – by Len Boselovic (Pittsburgh Post-Gazette – May 11, 2017)

http://www.post-gazette.com/

Alcoa CEO Roy C. Harvey told shareholders Wednesday that the aluminum producer’s separation from the company’s downstream businesses in November re-energized the 129-year-old company.

“It gave us an opportunity to rethink everything,” Mr. Harvey said at Alcoa’s shareholder meeting at the David L. Lawrence Convention Center, Downtown. “We’re a start-up. We’re a brand new business,” he said.

Mr. Harvey said the company’s plans to consolidate administrative offices — which includes moving its headquarters back to Pittsburgh from New York later this year — will save money and help employees work more closely together.

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U.S. fires new salvo in escalating aluminium trade dispute – by Andy Home (Reuters U.S. – May 4, 2017)

http://www.reuters.com/

LONDON – “This is not a China-phobic program, this has to do with a global problem.”  That was how U.S. Commerce Secretary Wilbur Ross described the latest investigation into his country’s aluminium imports.

This one has been launched under Section 232(b) of the Trade Expansion Act of 1962, which lets a president act against imports on national security grounds. It follows hot on the heels of a similar Section 232 probe into U.S. imports of steel.

Although a Section 232 investigation is explicitly not supposed to be a substitute for trade complaints and despite Ross’s assurances it’s not about China, it’s hard to see this latest maneuver as anything other than exactly that. Namely, another turn of the screw on the Chinese authorities to do something about the country’s overcapacity and its exports.

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One dead as riots in Guinea mining hub enter fourth day (Reuters U.S. – April 27, 2017)

http://www.reuters.com/

One person was killed and several others injured as riots by disgruntled residents of Guinea’s main bauxite mining hub extended into a fourth day on Thursday, police and residents said.

The West African nation’s largest mining companies Societe Miniere de Boke (SMB) and Companie Bauxite de Guinee (CBG) said they had resumed normal operations but said equipment was damaged and tensions remained.

Guinea possesses about a third of the world’s reserves of the aluminum ore bauxite, but mining has stoked discontent among a population that remains largely poor and unemployed. The unrest erupted on Monday night when residents erected barricades and burned tyres in the city of Boke to protest high pollution levels and power cuts, according to government and company officials.

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Aluminum’s Shine Won’t Last – by David Fickling (Bloomberg News – April 27, 2017)

https://www.bloomberg.com/

The most boring industrial metal has been looking a bit more exciting of late. Aluminum’s dispersed supply chain and huge exchange inventories have meant that for the most part, the price doesn’t do much.

While copper, zinc and nickel have whipsawed on strikes, deliberate shutdowns and political turmoil, the lightweight metal has plodded along between $1,500 and $2,000 a metric ton for the best part of five years.

Things seem to be changing. Aluminum is the best performer of the London Metal Exchange’s major metals this year, up 17 percent as those exchange inventories head toward a nine-year low and China plans further smelter shutdowns in Xinjiang, the main growth region for capacity.

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U.S. launches national security probe into aluminum imports – by David Lawder (Reuters U.S. – April 27, 2017)

http://www.reuters.com/

WASHINGTON – The U.S. Commerce Department launched an investigation on Wednesday to determine whether a flood of aluminum imports from China and elsewhere was compromising U.S. national security, a step that could lead to broad import restrictions on the metal.

Commerce Secretary Wilbur Ross said the investigation was similar to one announced last week for steel imports into the United States, invoking Section 232 of a national security law passed in 1962 at the height of the Cold War.

Ross told reporters the probe was prompted by the extreme competitive pressures that unfairly traded imports were putting on the U.S. aluminum industry, causing several domestic smelters to close or halt production in recent years.

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Riots hit major bauxite mining hub in Guinea (Reuters U.S. – April 26, 2017)

http://www.reuters.com/

Riots have paralyzed a major bauxite mining hub in Guinea, Africa’s top producer, as residents erected barricades and burned tires to protest against high pollution levels and power cuts, government and company officials said on Tuesday.

The unrest broke out on Monday night in the city of Boke, home to mining companies Societe Miniere de Boke (SMB) and Companie Bauxite de Guinee (CBG) which each export around 15 million tonnes of the aluminum ore annually.

“It’s a problem with electricity that aggravated the situation. We are working on finding a solution to the problem,” said Saadou Nimaga, secretary general at Guinea’s Mines Ministry.

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