Halco Mining

Halco Mining is an aluminium company based at Pittsburgh, Pennsylvania (USA)[citation needed]. The company is organized under the laws of the state of Delaware in the United States. Halco is the owner of 51% of the stock of Compagnie des Bauxites de Guinée (CBG), the government of Guinea owns 49% and this has been the case since CBG was founded.

The consortium was established in 1962 by Harvey Aluminium Company to mine bauxite deposits in the Boké region. Halco/CBG owns the rights to mine bauxite in a 10,000 square kilometer area of northwestern Guinea under a seventy five year lease through the year 2038.

Halco's stock is owned by the following companies:

On 25 January 1967 Alcoa announced that it had purchased a 17.5% stake from Harvey Aluminum.

Prior to September 1968 Harvey owned 51%.

Reynolds in 1984 acquired 6% from Martin Marietta, which had taken over Harvey Aluminum. Commonwealth Aluminium was created on 8 January 1985 in the process of Comalco taking over 8% in Halco from Martin Marietta, among other assets.: 55 

On 30 June 2004, Dadco Alumina & Chemicals Ltd acquired the remaining 50% stake of Hydro Aluminium Deutschland GmbH (part of the Norsk Hydro Group) in the Aluminiumoxid Stade GmbH and then owned 100% of AOS. At the same time Dadco acquired the 10% stake in Halco from HAD.

Companyca. end of 1967from Sep 1968at July 1992
United States Harvey Aluminum5120
United States Alcoa17.52727
Canada Alcan17.52727
France Pechiney61010
Germany Vereinigte Aluminiumwerke51010
Italy Montecatini1968
Aluminia SpA
366
Australia Commonwealth Aluminium Co8
Netherlands Billiton6
United States Reynolds6

Harvey Aluminum

Harvey Machine announced on 26 September 1955 that construction of a 108 million pounds per year aluminum smelter in The Dalles, Oregon will commence early in 1956 and be completed at the end of 1957. Power was furnished by the Bonneville Power Administration.

The Harvey Machine Co., Inc changed its name to Harvey Aluminum on 10 January 1958. The company had factories in Torrance, California, The Dalles, Oregon, Salem, Oregon and Milan, Tennessee.

See also

References

  1. ↑ Thomas O'Toole, Historical Dictionary of Guinea, 1978, p. 34
  2. ↑ Archived 2006-10-15 at the Wayback Machine See map. Archived 2007-03-11 at the Wayback Machine
  3. ↑ "Bauxite". Mineral Trade Notes. Vol. 64, no. 4. April 1967. p. 6.
  4. 1 2 "Huge Bauxite Project in Africa is Revived". Wall Street Journal. 19 September 1968.
  5. ↑ Bonnie K. Campbell for UNIDO - Negotiations Branch (May 1986). Bauxite Bargaining - The Consequences of a Bauxite-producing Country of the Renegotiation of the Bauxite Levy: The Example of Guinea (PDF) (Report).
  6. ↑ "Completed Acquisition by Dadco Alumina and Chemicals Ltd of Aluminiumoxid Stade GmbH" (PDF). 11 November 2004.
  7. ↑ "German alumina business to be sold". GlobalNewsWire. 28 June 2004.
  8. ↑ Minerals Yearbook 1967 Vol 1,2 Metals, Minerals and Fuels. 1968. p. 227.
  9. ↑ US Bureau of Mines (July 1992). The Mineral Economy of Guinea (Report). p. 12.
  10. ↑ "Harvey Machine Co. - To Build New Plant". Commercial and Financial Chronicle. Vol. 182, no. 5469. 3 October 1955. p. 6.
  11. ↑ "Harvey Aluminum - Changes Corporate Name". Commercial and Financial Chronicle. Vol. 187, no. 5707. 13 January 1958. p. 145.