To avert a supply squeeze, the London Metal Exchange has ordered Mercuria Energy Group Ltd to loan out part of its outsized June aluminium position, which exceeds the metal available in LME warehouses.
As of June 2025, Mercuria Energies' aluminium stock was reported around 600,000-800,000 tonnes, ...
Aluminum Association President & CEO Charles Johnson issued the following statement in response the Trump administration’s decision to increase Section 232 aluminium tariffs from 25 per cent to 50 per cent:
“Re-establishing a more level playing field for domestic producers is critical but a Sect ...
Qcells, a South Korean solar manufacturer with production facilities in the US and Malaysia, has officially launched EcoRecycle by Qcells, its first dedicated solar panel recycling operation. The initial facility is set to be established in Cartersville, Georgia, where Qcells is also ramping up sola ...
Industries in the Ketapang Regency, West Kalimantan, have been altering the region by creating mining investments and enhancing downstream processing. Ketapang Regency has the potential to extend from the seas and plantations to bauxite mining. Mining investment, as reported by West Kalimantan Inves ...
Rio Tinto Group has entered into talks with Australian authorities over a potential multibillion-dollar bailout for its Tomago aluminium smelter, with discussions focusing on the electricity supply contract for 2026 to 2029 and the design of production tax credits to shield the operation from spiral ...
India is set to retain its position as the world’s second-largest primary aluminium producer, with a record-breaking monthly output in the opening month (April) of FY2025-26. Provisional figures indicate strong year-on-year growth in both primary aluminium and its core raw material (bauxite). While ...
Analysts from Morgan Stanley stated that US President Trump's decision to double aluminium import tariffs to 50 per cent could drive up aluminium prices and the costs for its users. Analysts noted that using a premium benchmark of 20 cents per pound for consumers purchasing aluminium in the US physi ...
For the first time in the Middle East, Dubai played host to the ‘Every Can Counts Global Managers Meeting’ a dynamic four-day event that brought together sustainability champions and communications experts from more than 21 countries. This landmark gathering marked a pivotal moment for the innovativ ...
The world aluminium market is abuzz with optimism once again as futures of the metal on the London Metal Exchange inched higher to USD 2,460 per tonne today from a bottom of USD 2,166 per tonne in April. The hike comes against the backdrop of expectations of top-level trade talks between China and t ...
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