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Press Office - Hulamin

Hulamin

Our core purpose is to consistently meet or exceed the reasonable expectations of our major stakeholders (which specifically include our employees, customers, suppliers, shareholders and the communities that surround us). We do this by creating value through the manufacture of high-value aluminium semi-fabricated products. In doing so, we contribute to the upliftment of the standard of living in the region. We achieve this by stimulating business activities associated with adding value to the large quantities of primary aluminium produced in the region and through pursuing related business opportunities within which we can further apply our capabilities.

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Australia plans deal with US on 'critical minerals', hopes to boost its exports

By: Reuters     12th December 2018 Australia is this week set to sign a preliminary deal with the United States to support joint research and development of minerals deemed critical to the US economy, a government minister said on Wednesday. That comes as Washington is looking to diversify its sources of supply for 35 minerals... 

Alcoa signs up more gas in WA

By: Esmarie Iannucci     12th December 2018 Aluminium major Alcoa has secured three new gas supply agreements that would supply 25% of the company’s Western Australian gas requirements from 2020. Alcoa has struck agreements with providers BHP, Woodside and Chevron, and coupled with existing supply contracts with Santos and Quadrant... 

India’s Nalco to bid for bauxite blocks at auctions, readies to foray into merchant mining

By: Ajoy K Das     16th November 2018 With various Indian state governments readying to put 21 bauxite mines up for allocation, State-run National Aluminium Company Limited (Nalco) will put in bids at the auctions for captive consumption and foray into merchant mining of the raw material. The 21 bauxite blocks will be auctioned by... 

Good reception for cleaning system

By: Halima Frost     2nd November 2018 Following the launch of its KaiVac 1750 No-Touch cleaning system at last year’s Cleantex Cleaning Expo, held from June 12 to 14, cleaning solutions provider Goscor Cleaning Equipment says the system has since been taken up by the top five contract cleaning service providers in the country. The... 

Atlas Copco WEDA 50+ and 60+ pumps take dewatering solutions to the next level

30th October 2018 Atlas Copco has solidified its place at the forefront of the pumps industry with the introduction of WEDA 50+ and 60+ dewatering pumps. These pumps have been designed to provide customers with enhanced levels of performance alongside improved efficiency, hassle-free maintenance as well as... 

US steel tariff fight stirs up a swarm of WTO litigation

By: Reuters     30th October 2018 The United States urged European Union governments on Monday to reflect on whether it was really in their interest to go ahead with a trade dispute over US metals tariffs, and said it was hopeful of settling the issue with Mexico and Canada. The US tariffs attracted an unprecedented seven... 

Volatility in global base metals industry to remain, but outlook stable – Moody’s

By: Marleny Arnoldi     30th October 2018 Financial services firm Moody’s Investor Service has a stable outlook for the global base metals industry over the next 12 to 18 months, although indications are that economic growth rates may have peaked. The firm said in a release on Tuesday that synchronised economic growth rates in 2018,... 

EGA partners with Emirates Environmental Group to open new recycling centres in schools

26th October 2018 EGA will also plant 150 trees as part of the initiative Centres aimed at increasing awareness of recycling amongst students 

Saudi miner Ma'aden actively looking for overseas investments - CEO

By: Reuters     26th October 2018 Saudi Arabian Mining Co (Ma'aden), the Gulf's largest miner, is actively looking for investment opportunities overseas that would complement and strengthen its business inside the kingdom, the company's CEO said on Thursday. Ma'aden, which mines gold and copper and has in recent years expanded... 

South32 foresees short-term volatility, but long-term growth, sustainability 

By: Schalk Burger     25th October 2018 Diversified mining and metals company South32 on Thursday forecast short-term price volatility for the commodities it produces, but also highlighted its strong cash position and its work to further optimise its global portfolio of assets. In a speech delivered at the company’s 2018 annual general... 

‘Finish’ first: Timesavers' new deburring and grinding equipment on show at Euroblech 2018

24th October 2018 Euroblech is arguably the world's ultimate trade exhibition for all those involved in steel processing. This year, leading abrasive finishing solutions provider Timesavers is showcasing a number of new machines at Euroblech, including the popular 42 RB Series. This year, the utility of this... 

Norsk Hydro Q3 beats forecast, Alunorte outlook still uncertain

By: Reuters     24th October 2018 Norwegian aluminium producer Norsk Hydro's third-quarter earnings far exceeded forecasts on Wednesday amid rising metals prices, but the company is still in the dark over when its key Brazilian alumina plant can return to full production. The company won permits from Brazilian authorities... 

South Africa welcomes product exclusion for some steel, aluminium products from Section 232 duties

By: Simone Liedtke     24th October 2018 Following an announcement that the US Department of Commerce has granted product exemptions for certain aluminium and steel products, Trade and Industry Minister Dr Rob Davies on Wednesday welcomed the positive developments as a step towards normalising trade relations between South Africa and... 

Euro Steel

23rd October 2018 Part of AFMETCO Group of Companies, Euro Steel has evolved into one of South Africa’s largest stainless steel, special steels, aluminium and other corrosion-resistant materials distributors and exporters. The company operates predominantly in all major cities in South Africa, but also has... 

Bosnian government to help keep Aluminij smelter on power grid

By: Reuters     19th October 2018 A Bosnian regional government will help to keep aluminium smelter Aluminij Mostar running, a Minister said on Friday, after heavy debt brought it to the brink of closure. Management at Bosnia's sole aluminium smelter had called for the Bosniak-Croat Federation to intervene after the business was... 

Clash over Trump tariffs heats up with barrage of WTO litigation

By: Reuters     19th October 2018 Disputes over US tariffs and retaliatory moves by other states have sparked 12 requests for adjudication at the World Trade Organization, signalling an escalation in global trade tensions. The agenda for an Oct. 29 meeting of the WTO's dispute settlement body on Friday confirmed the legal moves,... 

Flow of LME nickel to hidden storage dents bull story

By: Reuters     19th October 2018 The bulk of nickel moving out of London Metal Exchange-approved warehouses in Asia is showing up in hidden facilities in Europe, analysts said, denting a bullish scenario of potential shortages. LME nickel stocks have shrunk by about 40% this year, largely from warehouses in Malaysia, Taiwan... 

Norway, EU ask WTO to set up panel on US steel, aluminium tariffs

By: Reuters     19th October 2018 Norway, the European Union and several other countries asked the World Trade Organization (WTO) on Thursday to set up a dispute resolution panel to address US tariffs on steel and aluminium, Oslo's foreign minister said. "We believe that US additional duty on steel and aluminium is contrary to... 

Packaging market volumes declines

By: Thabi Madiba     19th October 2018 The potential imposition of an Extended Producer Responsibility (EPR) tax by the Department of Environmental Affairs will have a negative impact on the packaging industry, which may result in the collapse of numerous packaging manufacturers in South Africa, says Packaging South Africa executive... 

South32 reports strong manganese and coking coal performance 

By: Esmarie Iannucci     18th October 2018 Diversified miner South32 on Thursday reported a record quarter at its Australian manganese operations, while metallurgical coal production was up 39% on the previous quarter. “Annual production guidance is maintained for all our operations, with Australia manganese achieving another quarterly... 

Alcoa to close two Spanish aluminium plants with job losses

By: Reuters     17th October 2018 Alcoa said on Wednesday it would close two of its three aluminium plants in Spain with a combined annual production of 180 000 metric tonnes, resulting in the lay off of almost 700 workers. The Aviles and La Coruna plants were two of the least productive due to intrinsic structural problems such... 

Freeport CEO may be ready to sell, but does anyone want to buy?

By: Bloomberg     17th October 2018 Freeport-McMoRan’s annual LME Week party is usually an opportunity for CEO Richard Adkerson to hobnob with the traders and consumers who buy copper from his mining company. At this year’s event, he was surrounded by investment bankers. With its biggest stock overhang – a deal around its... 

Rio Tinto copper output jumps; iron-ore, aluminium production slip

By: Esmarie Iannucci     16th October 2018 Diversified major Rio Tinto has reported lower production across nearly all its commodities, besides copper, in the three months to September. “We have delivered consistent operational performance in the third quarter, highlighted by strong production from the group’s copper assets,” Rio CEO... 

Rio Tinto to take hit on legacy alumina contracts

By: Esmarie Iannucci     12th October 2018 Diversified miner Rio Tinto has warned of a $178-million impact on its financials during the first half of 2018, due to its legacy alumina contracts. The miner supplies some 2.2-million tonnes of alumina under legacy contracts, which are priced at a percentage of the benchmark aluminium price. 

New pop rivet tool for construction sector

12th October 2018 Powertool manufacturer Milwaukee’s new M12 BPRT pop rivet system, is available locally through construction fastener distributor Upat South Africa. Considering the sheer number of rivets needed during prefabrication, assembly and field installation work, particularly in the construction sector,... 

Evicted Kenyans demand compensation after mining firm exits

By: Reuters     11th October 2018 Nathaniel Tumo was astounded when an excavator arrived at his farm in western Kenya four years ago and started digging for minerals, almost bringing down his house. "They started blasting a few metres away and the stones fell on my house," said Tumo, 62, his breath laboured from living alongside... 

Innovative Façade Design Hits the Marc

By: Creamer Media Reporter      11th October 2018 Innovative façade design is stylising the appearance of some of the most spectacular architecture currently gracing the South African skyline. Developed by Eris, the tower called the Jewel at the new upmarket multi-use development, The MARC, has a shape and a façade like no other. Boogertman +... 

Rio Tinto to restart sale of Icelandic aluminium plant – sources

By: Reuters     10th October 2018 Rio Tinto is close to restarting a sale process for some of its aluminium assets, including a plant in Iceland, which have been valued at around $350-million, two sources familiar with the matter said. The assets include a 53% stake in a Dutch anode facility and 50% of the shares in a Swedish... 

Hydro CEO says focus on full output at Alunorte, no layoffs

By: Reuters     10th October 2018 Norway's Norsk Hydro is focused on a return to full output at its Alunorte alumina refinery in Brazil and is not contemplating layoffs there, CEO Svein Richard Brandtzaeg told Reuters on Wednesday. Hydro had said last week it would close down the world's largest alumina refinery and lay off 4... 

Kaefer Innovations Day

By: Creamer Media Reporter      10th October 2018 We would like to invite you to join us. As we Celebrate our centenary! through Kaefer Innovations Day. Date: 16th November 2018 Time: 09:00 - 17:00 Venue: 7 Nywerheid street, Germiston 1401, Gauteng 

China aluminium exports to surge on trade war - CRU

By: Reuters     9th October 2018 Chinese aluminium exports are expected to surge in coming months and next year after Beijing boosted tax rebates as part of a package to soften the impact of a trade war with the United States, according to industry consultancy CRU. High Chinese exports of metals such as aluminium and steel in... 

ERG bets on cobalt from Congo in quest for growth

By: Reuters     9th October 2018 Eurasian Resources Group (ERG) plans to ramp up cobalt output at its Democratic Republic of Congo (DRC) facility as it expects the electric car industry to boost demand for the metal, ERG CE Benedikt Sobotka told Reuters. ERG, a global mining and metals group with Kazakh roots, aims to raise... 

Hydro restarts Brazil alumina refinery at half capacity

By: Mariaan Webb     8th October 2018 Norwegian aluminium company Norsk Hydro will restart its Alunorte alumina refinery, in Brazil, at 50% capacity, following approval by federal environmental agency IBAMA to use its press filter technology for processing bauxite residues. The “exceptional” authorisation, which was granted on... 

Petrochemicals becoming largest driver of global oil demand – IEA

By: Simone Liedtke     5th October 2018 Petrochemicals are becoming the largest drivers of global oil demand, ahead of cars, planes and trucks, a study undertaken by the International Energy Agency (IEA) has revealed. Petrochemicals, which are components derived from oil and gas that are used in all sorts of daily products such as... 

Pumps offer safe bolting solutions to industries

By: Thabi Madiba     5th October 2018 With several drill ready prospects and potential for more discoveries in the oil and gas industry, hydraulic tools and bolting equipment manufacturer and supplier Hi-Force states that the South African market is constantly in need of new technologies and solutions to support growth. The TPA and... 

Macro disquiet drowns out signs of base metals shortages

By: Reuters     4th October 2018 Uncertainty about how metals demand will be hit by trade wars, rising US interest rates and a slowdown in China is weighing on industrial metals prices, submerging signals pointing to potential shortages. The index of copper and five other top industrial metals traded on the London Metal Exchange... 

Hydro shuts Brazil alumina refinery and bauxite mine

By: Mariaan Webb     3rd October 2018 Norwegian aluminium company Norsk Hydro on Wednesday announced that it would shut down its Alunorte alumina refinery and its Paragominas bauxite mine, in Brazil, owing to a dispute with authorities over water discharges from the refinery. The refinery – the world’s largest alumina producer – has... 

RS Components introduces heavy-duty connectors for range of industrial applications

By: Creamer Media Reporter      3rd October 2018 RS Components (RS), the trading brand of Electrocomponents plc (LSE:ECM), a global multi-channel distributor, has unveiled a new range of RS Pro heavy-duty connectors including screw terminals, cage-clamp terminals and housings. The components offer excellent value for customers and are designed... 

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