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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...Aluminium yesterday traded with the positive node and settled 0.08% up at 118.25 in the late session initially dipped as Standard & Poor's slapped a negative outlook on the US’s top-notch credit rating on Monday, triggering investor concerns over the US economic growth and raising risk-aversion. ..
...Alcoa (NYSE:AA) recently announced its performance for the first quarter of 2011. [1] Based on these figures, we have updated our price estimate to $17 from the earlier value of $17.68. While the increase in aluminium prices and divisional shipment figures have been close to the values we initially estimated, we revised our price estimate due to the significant reduction in the cash & cash equivalents held by the company. The company competes with other international metals and mining giants like Rusal, Rio Tinto (NYSE:RIO), BHP Billiton (NYSE:BHP) and Chalco (NYSE:ACH)...
...Commodity reported that aluminum prices gained supported by higher energy prices with prices returning to above 5 day and 10 day moving averages...
...Bhubaneswar, Apr 19 (PTI) Consequent upon its capital restructuring, public sector company National Aluminium Company Limited (NALCO) today handed over the new share certificates to the central government.The new share certificate was handed over by NALCO's Chairman and Managing Director B L Bagra to Union Minister of Mines Dinsha J Patel in New Delhi..
... Metals in international market performed in a mixed pattern since last evening. Aluminum and Lead were exceptions amidst the falling other base metals. In last trade, all Base Metals ended in red with selling sentiment in volume at London Metal Exchange...
...SmarTrend identified a Downtrend for Kaiser Aluminum (NASDAQ:KALU) on February 23, 2011 at $47.99. In approximately 2 months since that trend was identified, Kaiser Aluminum has fallen 3.4% as of today's recent price of $46.37...
...Shares of Alcoa, Inc. (NYSE:AA) closed the trading session at $16.13 below calculated support at $16.38 breaking the stock technically, raising concerns by investors, as the move might trigger more selling...
...Alcoa Canada said Tuesday it will invest $100 million to upgrade its four Quebec plants this year and keep them in shape to handle growing demand for aluminum...
...Fears of an end to lucrative deals that have locked up large swathes of aluminium stocks are premature because it is likely to take many months for interest rates to reach levels that make them unprofitable...
...Fears of an end to lucrative deals that have locked up large swathes of aluminium stocks are premature because it is likely to take many months for interest rates to reach levels that make them unprofitable...
...In trading on Monday, shares of Aluminum Corp of China Ltd. (NYSE:ACH) crossed below their 200 day moving average of $23.06, changing hands as low as $22.96 per share. Aluminum Corp of China Ltd. shares are currently trading off about 4% on the day. The chart below shows the one year performance of ACH shares, versus its 200 day moving average...
...Mr Jan du Plessis chairman of Rio Tinto Plc has warned shareholders that world markets remain fragile, despite many economies having recovered from the financial crisis. However the mining giant had enjoyed an outstanding 2010 with record underlying earnings and was well placed for growth as emerging markets urbanize...
...The union representing more than 200 workers at a plant in southern Alberta have served strike notice. Canadian Auto Workers union Local 99 represents 218 workers at Kawneer Manufacturing, a division of Alcoa, in Lethbridge, Alta...
...Aluminum demand in the US and Canada -- shipments by domestic producers plus imports -- totaled an estimated 3.302 billion lb during the first two months of 2011, 6.6% above the same period of 2010, according to preliminary Aluminum Association estimates...
...Home > News > United States Aluminum price boosts Alcoa ratings Monday, Apr 18, 2011 ??:3 Trade activity this week showed that Alcoa with its credit rating one step away from junk levels is winning over bond investors by extending its debt maturities and increasing revenue as aluminum prices soar...
...Reuters reported that China's production of refined copper and primary aluminum rose 23.7% and 7.4% respectively from a year earlier in March hitting monthly records for both metals on expanded capacity and sufficient supply of raw materials...
...PTI reported that base metal prices rose up to INR 5 per kilogram on the local nonferrous metal market today on increased industrial demand amid firming trend at the London Metal Exchange...
...“The acquisition solidifies the group’s position as the country’s largest producer of chlor alkali. It is a critical input in the aluminium sector. Given our large expansion plans for the aluminium business, this serves as an excellent sourcing point,” said Kumar Mangalam Birla, the group’s chairman...
