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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Ord River Resources (ASX: ORD) has reported that Sino Australian Resources (SARCO) and China Non-Ferrous Metal Industry’s Foreign Engineering & Construction (NFC) have signed a second Memorandum of Understanding (MoU) for sale of alumina from the Laos Aluminium JV Project. SARCO and NFC will enter into a minimum 20 year off-take agreement for SARCO to sell to an NFC-led buyer group alumina products from Laos. Ord River holds a 49% interest in SARCO, a joint venture company between ORD and NFC. Ord River is bullish that SARCO will develop the project into a world class alumina refinery with bauxite potential estimated to be to 2 billion tonnes. The agreement completes the initial round of negotiations for the three most important building blocks for the planned construction of a 600,000...
According to the Federal State Statistics Service, in the first half of 2011 primary aluminum production in Russia fell by 2%YoY while output based alloys on the contrary increased by 37.4%. As for the half-finished aircraft metal, the statistical data shows mixed results for January to June this year. For example, the production of bars and profiles increased by 28% and plates, sheets, strips and tapes by 44.1%. But the aluminum foil was made of 3.2%YoY.
Rio Tinto Group said rising labor costs and the Australian dollar are hurting earnings and put pressure on expansion plans by the world’s second-largest mining company. “This is a challenge we’re going to face, not just this year, but in the coming years,” Chief Executive Officer Tom Albanese said in an interview on Australian Broadcasting Corp’s “Inside Business” program yesterday. “We’re going to be suffering the dual effects of rising costs, rising labor rates and a strong currency, and that’s going to affect not only operations but also the pace and the expense on capital projects.”
The healthy development of Chinese rare earth industry has once again obtained national guarantee. Ministry of Land recently on its official website announced that it will enhance supervising key rare earth industries and instantly discover and control any illegal investigation and exploitation activities. Chinalco will take charge of Guangxi rare earth work and China Non-ferrous Metal will endeavor to manage Guangdong works.
LME aluminium fell to its lowest since late January on Friday as investors shed risk on prospects a global economic soft patch could worsen, reversing an earlier bounce after better-than-expected U.S. jobs data for July.
Rio Tinto has tipped cost blowouts and delays at its Kestrel coking coal project in Queensland, on top of the $US2.4 billion worth of Australian-dollar induced iron ore and alumina project expense increases, according to The Australian.
Aluminum Corp of China Ltd hired Australia & New Zealand Banking Group Ltd and Natixis to help it borrow $300 million in a three-year term loan, according to a person familiar with the matter on Thursday.
MIIT announces that it will continue to carry out our national aluminum industry policy and strictly control aluminum production capacity as well as promoting energy-efficient technological transformation of electrolytic aluminum. It will endeavor to realize the goal of direct current consumption12, 500 KWH/ ton for our domestic electrolytic aluminum enterprises by 2011.
Due to plunging commodity prices over night, most active SHFE 1110 aluminum contract prices opened lower at RMB 17,800/mt on August 5th. Within ten minutes after opening, most active SHFE aluminum contract prices fell and stopped at RMB 17,485/mt with positions falling by over 10,000 lots due to profit-taking and stop loss, down RMB 730/mt or 4%. SHFE aluminum prices slipped the most among all base metals prices, with all aluminum contract prices falling to a stop at the tail of trading. Long positions fell by over 25,000 lots during the day with bearish market sentiment rising. SMM expects most active aluminum contract prices to keep falling and test RMB 17,000/mt.
After SHFE aluminum prices fell and stopped, spot aluminum prices in Shanghai also plummeted, with mainstream trading prices of RMB 18,150-18,200/mt, down RMB 445/mt from previous trading day. Downstream purchase interest, however, remained low despite plummeting prices, and aluminum supply turned slightly excessive due to active selling among goods holders, with mainstream trading prices gradually falling. Overall market transactions were extremely limited.
Morning trading prices of spot aluminum in Shanghai on August 5th were between RMB 17,930-18,030/mt, with premiums of positive RMB 200-300/mt over SHFE current-month aluminum prices. Low-iron aluminum was traded between RMB 18,000-18,050/mt. Trading prices of spot aluminum in Wuxi were between RMB 17,950-18,050/mt. SHFE aluminum prices fell and stop within 10 minutes after opening, which battered spot market confidence, leading to mixed quotes. At the beginning, spot premiums were lifted by goods holders to a high of RMB 300/mt in a bid to stop aluminum prices from falling below RMB 18,000/mt. However, mainstream trading prices gradually dropped later, which boosted purchaser interest with purchases at lower prices slightly increasing. Overall market sentiment was slightly active.
Mongolia's massive Tavan Tolgoi project began shipping 4,000 tonnes of coal south to its new partner, the Aluminum Corp of China Ltd (Chalco) on Thursday following a ceremony at the mine site. The mine's state-owned operator, Erdenes Tavan Tolgoi, agreed last week to sell $250 million worth of coal to the Chinese company from its east Tsankhi block, a move designed to fund the deposit's overseas listing scheduled for next year.
Outotec has secured two contracts to deliver technology to the second phase of Emirates Aluminium’s smelter. The €100M order will see Outotec deliver technology, engineering, supply and installation of a green anode plant with one anode production line, along with a crushing plant for recycled carbon materials.
Copper stockpiles monitored by the Shanghai Futures Exchange increased for a fourth week, while aluminum inventories declined to a 26-month low. Aluminum inventories decreased for a 21th week, losing 23,585 tons to 158,130 tons, the lowest level since June 2009, according to a survey of 20 warehouses in Shanghai, Guangdong, Jiangsu and Zhejiang provinces.
According to our new research report, “European Aluminium Market Analysis”, 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 is also increasing. Moreover, the Europe primary aluminium production is anticipated to grow at a CAGR of around 8% during 2011-2013.
Century Aluminum Company announced today that John E. Hoerner has been named Vice President - North America Operations, effective September 1, 2011.
The National Environment and Planning Agency (NEPA) has served three enforcement notices on bauxite company, WINDALCO, over the discharge of industrial effluent into Old Johns Gully in Ewarton, St Catherine. The release of noxious substance, which caused the death of several fishes, prompted NEPA to issue a warning to the public.
