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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...Through deep structural adjustment and management system reform, Chinalco has actively taken measures to reverse the trend of alumina production slipping caused by financial crisis. In March 2011, total alumina products of Chinalco exceeded 1,001,100 tons, and the actual alumina surpassed 1,015,000 tons, which was the first time to realize monthly production breakthrough of 1,000,000 tons...
...SHARES of Chinese aluminum companies rose yesterday amid reports the government may suspend approval for new smelters as it is determined to curb rising overcapacity. The Ministry of Industry and Information Technology may soon ban new capacity, the China Securities Journal reported yesterday, citing Vice Minister Su Bo who spoke at an internal conference on Friday...
...Aluminium yesterday traded with the negative node and settled -1.35% down at 118.4 as US dollar index fluctuated narrowly around 75 on Monday, with the low-end rising slightly but pressures at all moving averages strong. ..
...Revenue in the quarter rose 22% to $5.96 billion, helped by rising prices for aluminium and alumina - the raw material for the metal - but this lagged the Wall Street forecast of $6.08 billion...
...Exchange traded products that invest in aluminum followed Alcoa shares lower Tuesday morning after the Dow component reported quarterly results that disappointed Wall Street. Alcoa said it swung to a profit in the first quarter as aluminum prices rose, but traders punished the stock and Alcoa shares were down about 6% in recent action...
...Almost lost in the tide of disappointment that followed the release of Alcoa’s first quarter earnings earlier this week was the news that China plans to put on hold all planned new aluminium smelters in an attempt to tackle over-capacity and manage its energy consumption...
...It is reported that Ministry of Finance and PRC is planning to cut down export tax rebate of part commodities, estimating Aluminum materials down to 9% from 13%, possibly removing stainless steel export tax rebate from current 5% including stainless strip, pole, profile and wire...
...A petition alleging that Vedanta-controlled aluminium giant Balco cut trees in violation of aSupreme Court order got fresh impetus after a study mapped changes in forest cover within Balco's premises in Korba, Chhattisgarh, using satellite-imaging technology. ..
...Alcoa announced Q1 2011 income from continuing operations of USD 309 million or USD 0.27 per share, a 20% improvement over Q4 2010 led by improved pricing and growing demand for aluminum in major end markets. Income from continuing operations, excluding a negative impact for special items of USD 8 million or USD 0.01 per share was USD 0.28 per share...
...National Aluminum Company (Nalco) has planned Rs 700 crore capital expenditure in 2011-12 for expansion of refinery in Orissa and setting up a nuclear power project in Gujarat...
... SHFE 1106 aluminum contract prices opened lower at RMB 16,835/mt, and fell below the 5 and 10-day moving averages, with prices finally closing at RMB 16,780/mt, down RMB 125/mt, or down 0.74%. Trading volumes decreased by 4,196 lots to 295,910 lots. ...
... LME aluminum prices fell further to close at USD 2,654/mt, down USD 28/mt, or down 1.04%. Total positions increased by 6,667 lots to 750,042 lots. LME aluminum prices are expected to struggle at the 10-day moving average between USD 2,630-2,680/mt today, ...
...China is considering plans to either scrap or reduce export tax rebates on some aluminium extrusion products as well as on stainless steel wires and rods, the China Securities Journal reported on Tuesday, without identifying sources...
...Hindalco had a positive correlation with LME aluminium in the past five years, however, this correlation has turned negative in the last three months, making Hindalco the only stock among global aluminium peers to deliver negative returns...
...Worldal reported that despite strong expected demand growth this year, aluminum prices are likely to see a correction to USD 2,200 per tonne in London by the end of the year as interest rates rise making financing deals less attractive...
...After much hoopla, Alcoa Inc. kicked off the first-quarter earnings season after the closing bell Monday. The initial market reaction was pretty subdued. Then it turned ugly...
...a leader in hi-tech natural gas solutions and Adsorbed Natural Gas (ANG) technology, announced today that the company signed a multi-million dollar contract, with expected accumulated revenues near $100MM over the ten-year contract period, to sell natural gas to one of the largest commercial entities in Bosnia and Herzegovina...
... SHFE 1106 aluminum contract prices opened slightly higher at RMB 16,890/mt on Monday, and later fluctuated narrowly below the daily moving average after briefly climbing to RMB 16,945/mt, with prices finally closing at RMB 16,880/mt, ...
