The London Metal Exchange (LME) aluminium price reported improvements, rising above 1 per cent across the pricing segment, followed by modest gains in contracts on the September 14 close, recovering from the downward trend reported at the September 13 session . The LME aluminium cash bid and offer...
As we reflect on the Middle East crisis that commenced on February 28, 2026, and stretched into the second half of the year, it brings to mind the dramatic rise and fall of the London Metal Exchange (LME) aluminium price that reached four-year highs before cooling down. The skyrocketing prices...
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Companhia Brasileira de Alumínio (CBA) informs its shareholders that it will pay, on December 22, 2023, R$0.34580615046 per share, totalling R$206 million, relating to the mandatory dividend, as resolved in the AGM/ E 2023. Dividend payments will be made by deposit into the shareholders' current...
Aluminum Corporation of China Limited (Chalco), one of the world's largest producers and suppliers of aluminium, alumina, high-purity aluminium and aluminium anodes, recently won 8 awards, including 1 Luban Award (National Quality Project). A total of 7 projects undertaken by the China-based...
Century Aluminum’s Chief Accounting Officer, Robert F. Hoffman, has reportedly sold 3,000 shares of the company stocks in a transaction, at an average price of $12 for each stock. That brought the total transaction of $36,000.000. Following the transaction, Mr. Hoffman owns 47,553 shares of Century...
On Tuesday, December 26, the Shanghai Futures Exchange (SHFE) aluminium price lost US$9 per tonne or 0.33 per cent to close at US$2,689 per tonne. Overnight, the most-traded SHFE 2402 aluminium contract opened at RMB 19155 per tonne, with low and high at RMB 19085 per tonne and RMB 19155 per tonne...
In November, Bahrain's exports of domestically produced goods amounted to BD299 million ($792.42 million), representing a 15 per cent decrease compared to the BD350 million shipped in November of the previous year. Unwrought aluminium alloy was the top exported product in November 2023, with a...
According to China customs data, the country’s unwrought aluminium alloy imports in November 2023 experienced a month-on-month rise of 2.6 per cent and a year-on-year increase of 5.6 per cent to reach 111,800 tonnes. That brought the total year-to-date imports to 1.0196 million tonnes, which was...
LME aluminium opened at US$2246 per tonne last Friday, with its low and high at US$2246 per tonne and US$2332 per tonne, respectively, before closing at US$2324 per tonne, up 3.5 per cent. On Friday, December 22, both LME aluminium cash bid price and LME aluminium official settlement price surged...
Multiple cities in the central Chinese province of Henan are grappling with a shortage in winter heating supply following the passage of a cold wave that has swept through a significant area, causing blizzards, and pushing temperatures to nearly record-breaking lows. Extended periods of cold...
EN+ Group IPJSC, one of the world's leading producers of low-carbon aluminium and renewable energy, with its metals segment represented by Rusal, has disclosed that its Board of Directors has approved the appointment of Mikhail Khardikov as the new Chief Executive Officer of the company. This...
Since 1963, ICSOBA (The International Committee for Study of Bauxite, Alumina and Aluminium) has organized 41 international events in different places of the world. In 2023, ICSOBA marked its 60th anniversary. The selection of Dubai, UAE, for the 41st International Conference and Exhibition follows...
Amid continued decreasing inventories, China’s domestic primary aluminium price was found to exceed the RMB 19,000 per tonne level this week after more than a month. Besides this, other prime events occurred this week were the appointment of Matt Reed as Alcoa’s Executive Vice President and Chief...
China's Vice President Han Zheng met with Dominic Barton, head of mining conglomerate Rio Tinto, in Beijing. Following the meeting, Dominic Barton expressed that he is confident about China's economic development prospects and that it would continue its long-term plan there. Han said that China's...
In September 2023, the US aluminium crude metals and alloys imports stood at 309,000 tonnes, reflecting a month-on-month increase of 9.2 per cent from 283,000 tonnes. But despite the hike, the import volume in September could not match the amount in July 2023. In July, the imports were recorded at...
Alcoa Corporation, a global leader in the aluminium industry, has announced the appointment of Matt Reed as its Executive Vice President and Chief Operations Officer, effective January 1, 2024. Matt Reed's background and responsibilities Matt Reed, currently the Vice President of Operations for...
In December 2023, Dominic Barton, Chairman of Rio Tinto Group, reportedly visited China and met Duan Xiandong, Chairman of China Aluminum Group, in Kunming to discuss sustainability, plans to deepen strategic cooperation, and healthy development of global mining. Dong Jianxiong, Vice General...
LME aluminium opened at US$2237 per tonne yesterday, with its high and low at US$2248 per tonne and US$2222 per tonne, respectively, before closing at US$2248 per tonne, up 0.11 per cent. On December 21, the LME aluminium live price chart showed descending price trends. The LME aluminium cash bid...
According to the International Aluminium Institute data, primary aluminium production in Africa amounted to 132,000 tonnes during November 2023, bringing the total output to 1.46 million tonnes in eleven months. The production in November fell by 7,000 tonnes or 5.04 per cent month-on-month from...
According to the Shanghai Metals Market data, aluminium billet inventories in China have recorded a plunge of 17,300 tonnes or 21.05 per cent week-on-week across the five major Chinese consumption areas. Thus, the inventories have come in at 64,900 tonnes on December 21 compared to 82,200 tonnes on...
