Futures market: Overnight, the most-traded alumina 2509 futures contract opened at RMB 3,149 per tonne, with a high of RMB 3,202 per tonne, a low of RMB 3,118 per tonne, and closed at RMB 3,128 per tonne, up RMB 33 per tonne or 1.07 per cent. Open interest stood at 347,000 lots.
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In a week of proud announcements, Emirates Global Aluminium (EGA) has unveiled two noteworthy investment decisions with an intent of sweeping diversification and localisation strategy, while simultaneously contending with mounting geopolitical pressure in its upstream supply chain.
On May 16, EGA ...
Canyon Resources Limited has secured a substantial USD 24.5 million investment from its major shareholder, Eagle Eye Asset Holdings, following the exercise of 350 million options. This move will raise Eagle Eye’s ownership in Canyon to 54.7 per cent and strengthen the company’s cash position, enabli ...
Futures market: Overnight, the most-traded alumina 2509 futures contract opened at RMB 2,938 per tonne, with a high of RMB 3,149 per tonne, a low of RMB 2,921 per tonne, and closed at RMB 3,141 per tonne, up RMB 222 per tonne or 7.59 per cent, with an open interest of 348,000 lots.
Ore: As of May ...
In 2025, the global coffee industry is intensifying efforts to enhance supply chain sustainability. This initiative addresses environmental concerns and aligns with evolving consumer expectations. The focus spans from farming practices to packaging materials, aiming to reduce the sector's ecological ...
Recently, news has been circulating widely in the market that an energy giant has established aluminium positions exceeding 1 million tonnes on the London Metal Exchange (LME). The scale of this position is staggering—as of May 15, LME aluminium inventory stood at only 397,300 tonnes (with Rusal acc ...
Rjukan is set to witness the upgrade of the hydropower production initiated by Hydro, a leading aluminium and renewable energy company. For the upgrade, the firm is initiating an impact assessment, which further includes submitting a new application for setting up a new hydropower plant.
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Hammerer Aluminium Industries (HAI), in collaboration with strategic partner LS Cable & System, has officially inaugurated a new extrusion production hall in Gumi, located in South Korea's Gyeongsangbuk-do province.
The state-of-the-art 13,800 m² facility, equipped with a fully automated extrusio ...
According to customs data, China's unwrought aluminium and aluminium products imports in April saw a 3.8 per cent decline year-on-year, but it increased 8.82 per cent month-on-month.
In April 2025, China’s unwrought aluminium and aluminium product imports stood at 370,000 tonnes, representing a ...
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