June 2022

Asian scrap trader Select Metals eyes expansion in copper, steel under new owner Kataman

Singaporean non-ferrous scrap trader Select Metals, recently acquired by US trading and supply chain firm Kataman Metals, was considering an expansion of its copper scrap business as well as making a foray into the ferrous scrap sector with support from the new parent company, it said on Wednesday June 8.

Vedanta Aluminium’s largest smelter reduces GHG emissions intensity by 12% in FY22

India's Vedanta Aluminium has reduced the greenhouse gas emissions intensity at its largest aluminium smelter in Odisha by 12%, while increasing production by 20%, the company announced on June 6.

Hydro, Shape Corp to develop low-carbon aluminium products for auto sector

Hydro Aluminum Metal will work with United States-based automotive and industrial component supplier Shape Corp to develop low-carbon aluminium products for the automotive sector, the company said.

Rusal, subsidiary ABC file lawsuit in Australia against Rio Tinto, QAL

Russian aluminium producer Rusal Ltd and its subsidiary Alumina & Bauxite Co Ltd (ABC) filed a lawsuit on Wednesday June 1 in the Australian federal court against Queensland Alumina Ltd (QAL), court documents showed.

Five key stories from June 2

Here are five Fastmarkets stories you might have missed on Thursday June 2 that are worth another look.

Hydro Rein, Green Investment Group enter renewable power joint venture

Hydro Rein and Macquarie Asset Management’s Green Investment Group (GIG) are to form a joint venture to build and operate Feijão, a combined wind and solar power project in northeastern Brazil, Hydro Rein has announced.