New Day had already invested around $30 million in its own chemical grade alumina (CGA) business, which had traditionally been looked at as something of a “stepchild” by the aluminium industry, David D’Addario told Fastmarkets in an interview.
David D'Addario, chairman and CEO of New Day Aluminium
“That side of the business typically was a sort of a stepchild - [refineries would say,] ‘when a smelter has a potline that’s down or when there’s a problem, then I’ll go ahead and sell you [CGA customers] this product, but I wasn’t really in that business’,” he told delegates...