Futures Market: Overnight, the most-traded al2509 futures contract opened at RMB 2,707 per tonne, with a high of RMB 2,707 per tonne, a low of RMB 2,686 per tonne, and closed at RMB 2,700 per tonne, down RMB 7 per tonne or 0.24 per cent, with open interest at 299,000 lots.
Ore: As of May 7, the S ...
Rio Tinto, in collaboration with Indium Corporation, has reportedly extracted the first batch of primary gallium in its Vaudreuil alumina refinery in Quebec, the only refinery in Canada, as part of the move to produce commercial quantities of critical and strategic minerals present in the bauxite.
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Digger Specialties Inc. (DSI), a prominent name in North America's aluminium railing manufacturing sector, has strengthened its market presence through a new strategic alliance with American Lumber. The company, known for manufacturing aluminium and vinyl railing, fencing, gates, and aluminium archi ...
China has topped the aluminium production for the past few years. An aluminium production cap to curtail overcapacity and emissions, a cumulative tariff of 145 per cent on Chinese aluminium articles entering the US imposed phase by phase, or bauxite import restrictions from multiple prime destinatio ...
Aluminium futures have experienced a notable recovery, climbing to USD 2,440 per tonne after reaching an eight-month low of USD 2,340 on April 9th. This upward trend aligns with gains observed in other base metals, spurred by diminishing concerns over a potential US recession, which has alleviated p ...
Amid a string of challenges like a projected USD 90 million loss in Q2, delays in the recommencement of the Kwinana refinery, and production setbacks at the San Ciprián aluminium smelter in Spain due to a power outage that has unsettled Alcoa itself as well as the global aluminium industry, the reas ...
Researchers from the Max Planck Institute for Sustainable Materials (MPI-SusMat) in Germany have developed a new innovation that helps overcome the dilemma of aluminium's embrittlement, leading to cracking and failure when exposed to hydrogen.
The problem
In collaboration with partners from Chin ...
AMAG Austria Metall AG, the biggest company in the Austrian aluminium sector, has announced the results for Q1 2025. The company witnessed growth in both revenue and earnings, with a 10 per cent rise in shipments under the rolling division, while the Metal Division benefited from higher aluminium pr ...
Swedish battery manufacturer Novo Energy’s partial owner, Northvolt, has filed for bankruptcy, citing over USD 8 billion in debt, which has in turn led to an unfortunate announcement of a 50 per cent staff layoff by the company.
Image source: iStock
The company struggled to secure funding to ra ...
