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Guinea has just made a move that could send tremors through global commodity corridors, cancelling from 50 plus to 129 mineral exploration permits in a single sweep. No clarifications. No negotiations. Just a decree from the military-led government aimed at “tightening control” over the West African ...
Futures market: On Friday, the most-traded alumina 2509 futures contract opened at RMB 3,150 per tonne during the night session, with a high of RMB 3,170 per tonne, a low of RMB 3,103 per tonne, and closed at RMB 3,103 per tonne, down RMB 66 per tonne or 2.08 per cent. The open interest was 390,000 ...
This week, the domestic bauxite market remained relatively calm, with stable operations prevailing. As of today, in Shanxi, the transaction price for bauxite with an Al/Si ratio of 5.0 and 60 per cent alumina content, excluding VAT, for self-pick-up at the crushing plant, was approximately RMB 580-6 ...