Century Aluminum’s proposed USD 4 billion primary aluminum smelter in Inola, Oklahoma, is “moving forward on all fronts” as the company prepares for construction, despite local opposition and legal challenges, CEO Jesse Gary said during the company’s third-quarter earnings call. Developed jointly by Century Aluminum and Emirates Global Aluminium (EGA), the project is designed to produce 750,000 tonnes of primary aluminum annually, potentially doubling U.S. primary aluminum production. The facility is expected to create thousands of direct and indirect jobs and add USD 1.5 billion to Oklahoma’s gross domestic product, according to company estimates. The partners had targeted construction to begin by the end of 2026. However, local restrictions and permitting challenges have affected the...
LME aluminium stocks declined by more than half during the first nine months of 2026, falling by 267,875 tonnes from 509,250 tonnes on January 2 to 241,375 tonnes on September 30 (52.6 per cent). The decline continued throughout the period, with average warehouse inventories falling each month. Compared with the same period in 2025, monthly average stocks were lower across all nine months, with the gap widening in the third quarter. Q1 LME aluminium stocks fall 18.2 per cent LME aluminium inventories continued to decline during Q1 2026. Month-end stocks fell from 495,725 tonnes in January to 465,550 tonnes in February, before dropping further to 416,775 tonnes in March. Monthly average inventories stood at 498,670 tonnes in January, 481,801 tonnes in February and 440,710 tonnes in March....
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Exhaust emission and sewage discharge of FuJian Nanping Aluminum Co., LTD have been on the state-control and province-control list. In order to adapt to the improving environmental protection requirement, it held meeting on August 5 to discuss existing problems in its related work. The meeting also provides some improved measures. President and party secretary He Zeji attended the meeting.
Party member and president of Chinalco Luo Jianchuan met with Sheng Diancheng, vice president of CNPC. The two parties discuss domestic economy condition and bilateral cooperative opportunity. After the meeting, a signing ceremony was hold between the two sides about strategic cooperation of petroleum purchase.
Aluminium is experiencing an increasing success in diverse industrial sectors including automotive, building, and packaging. The increasing demand, both from professional and private consumers, demonstrates the utility of aluminium in everyday life and the increasing importance of the aluminium industry. In global context, Europe has emerged as one of the world's largest manufacturing base for the aluminium industry owing to large production capacities across the European countries. In 2010, Europe remained the second major producer of primary aluminium and its production increased around 7% in 2010 compared to the previous year. Our research also found that the industry is presently recovering from the downturn on account of global recession that has taken a toll on two important...
The coal-fired power station which supplies all of the energy to Rio Tinto Alcan's Lynemouth aluminium smelter in northeast England, must switch to biomass generation if it is to have a long-term future, a spokesman for the company said.
SmarTrend is monitoring the recent change of momentum in Aluminum of China. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Aluminum of China in search of a potential trend change. In the past 52 weeks, shares of Aluminum of China have traded between a low of $17.00 and a high of $26.80 and are now at $17.76, which is 4% above that low price.
On 08/02/11, the day the debt ceiling was raised, Aluminum of China (NYSE:ACH) reached a low of $20.37 and has since moved 13.0% lower to its most recent close of $17.72. During the same time period the Dow Jones Industrial Average fell 9.7% from 11,866 to 10,720 as of the last close.
Aluminium remained the star performer on the Shanghai Futures Exchange on Thursday as prices slipped into backwardation after recent market volatilities drove futures prices down.
Copper demand in South Korea, Asia’s third-biggest consumer, may grow at a slower pace than forecast as high prices prompt some users to switch to cheaper aluminum, a local industry group said. Prices of copper, used to make cables and wires, have jumped 23 percent in the past year and reached a record $10,190 a ton in February as China-led demand outpaced supply, boosting costs for manufacturers and builders. Aluminum, a substitute for copper, gained 12 percent in the period. “Copper prices have gone up too high, widening the price gap with aluminum,” Kim said in his office. “As the gap is somehow being maintained, end-users are seeking cheaper substitutes such as aluminum and stainless steel.”
Mr Farrukh Hamraliev Mahmudovich minister of ministry of economic development and trade of the Republic of Tajikistan said that Tajik Aluminum Company produced 150,000 tonnes of aluminum ingot down by 16.7% YoY. Mr Hamraliev said that the export values of the aluminum ingot amounted USD 440 million accounting for 64% of the total export figures. Furthermore, TALCO planned to produce 390,000 tonnes of aluminum ingots in 2011.
Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses and prices are as of 4 p.m. in New York. Century Aluminum Co. (CENX) rose 12 percent to $10.57. The second-largest U.S. producer of the metal said it will spend as much as $60 million buying back shares. The buyback program starts today, the company said in a statement.
Reliance Steel & Aluminum (NYSE:RS - Snapshot Report) is one of today's notable stocks in decline, down 0.2% to $38.50. The S&P is currently trading 1.2% higher to 1,133 and the Dow Jones Industrial Average is trading 1.1% higher to 10,839. Reliance Steel & Aluminum is in SmarTrend's Steel & Iron industry and this industry is currently in a Downtrend according to our research. We are monitoring many other stocks on the move within this industry.
Century Aluminum Company today announced that its Board of Directors has approved a $60 million stock repurchase program. "We believe that the repurchase program is in the best interests of our shareholders," said Logan Kruger, Century's President and CEO.
Record-high aluminium premiums have been further reinforced after stocks in Pacorini’s London Metal Exchange-listed warehouses in Vlissingen jumped massively again on Wednesday.
Outotec's Board of Directors has decided on the following changes to Outotec Executive Board effective on October 1, 2011. Mr. Robin Lindahl (M.Sc. Econ.), 46, has been appointed Executive Vice President - Market Operations and member of the Executive Board. He will succeed in the position and as a member of the Executive Board Mr. Martti Haario, who assumes the position of Senior Vice President, Americas Market Region. Robin Lindahl transfers to Outotec from Nokia Corporation where he last was responsible for Sales and Marketing to Network Operators globally. In addition, Mr. Kari Knuutila (Dr. Tech.), 52, currently Chief Technology Officer of Outotec, has been appointed member of the Executive Board.
The Regional Officer of Orissa State Pollution Control Board (OSPCB), Anupam Behera, has indicted aluminium major Hindalco for emission of fluoride from its Smelter Plant at Hirakud which resulted in crop damage in the villages of Nua Jamda, Dengimocha and Mohammadpur located in the vicinity of the plant.
It was another interesting session on the Australian share market, as investors reacted to fresh sovereign debt worries out of Europe and a surprise rise in the local unemployment rate. The All Ordinaries Index (XAO) fell 1.5pct on open, outperforming near 5pct losses witnessed on Wall Street overnight.
ALCOA Minerals of Jamaica, Inc, (Jamalco) is appealing the enforcement notice recently served by the National Environment and Planning Agency (NEPA), following the seepage of caustic liqueur at its refinery in Halse Hall, Clarendon.
Chinese imports of primary aluminium, alloys and semi-finished aluminium products rebounded from June's decline and rose 9.2% to 70,413t in July, up 4.4% from a year earlier.
