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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 ...
This week, the price of domestic bauxite in Guizhou fell by RMB 30 per tonne, mainly due to alumina refineries driving down prices when purchasing bauxite.
Image source: https://www.earth.com/
As of today, in Shanxi, the transaction price of bauxite with an Al/Si ratio of 5.0 and 60 per cent alum ...
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