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19 Aug 20265MINS

Overseas alumina market sees frequent trades and rising prices; export prospects hinge on price gap

Recent weeks have witnessed a flurry of spot transactions in the overseas alumina market, with prices exhibiting a broadly upward trajectory. As market participants shift their focus from mere price movements to underlying fundamentals, the sustainability of this rally and its potential impact on Chinese supply-demand dynamics have become central themes. Of particular interest is whether the divergence between firm overseas prices and weakening domestic values can open an export arbitrage wind ...

19 Aug 20263MINS

Andromeda Metals launches $3m share plan for alumina project

Andromeda Metals has launched a Share Purchase Plan targeting AUD 3 million (USD 1.95 million) to advance its High Purity Alumina Project and support the next stage of commercialisation. Eligible shareholders can apply for new Andromeda shares at AUD 0.0059 (USD 0.0038) each, representing a discount of about 15 per cent to the company’s recent five-day volume-weighted average market price. Applications will close at 5 pm Australian Eastern Standard Time on August 31, 2026. Funds to support H ...

16 Aug 20263MINS

Upstream raw materials diverge, aluminium fluoride prices hold steady in short-term stalemate

This week, trading sentiment among domestic aluminium fluoride enterprises was moderate, and aluminium fluoride prices remained stable. As of this report, SMM mainstream aluminium fluoride quotations stood at RMB 11,200-11,800 per tonne; cryolite spot prices held steady, and SMM cryolite quotations were RMB 7,500-9,000 per tonne. Raw material side: This week, aluminium fluoride raw material prices diverged. The upstream 97 per cent fluorite wet powder market consolidated on a strong note, wit ...

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