The proposed USD 4 billion aluminium smelter in Inola, Oklahoma, has entered another review phase as the US continues efforts to strengthen domestic aluminium production. Inola town trustees have unanimously extended the moratorium on the project through April 7, 2027, giving the proposed...
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,990 per tonne, down RMB 15 from yesterday's settlement price, a decline of 0.06 per cent. It opened at RMB 23,995 per tonne during the day and fluctuated within a range of RMB 23,950-24,055 per tonne. Prices traded below the MA5...
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LME aluminium opened at US$2,134 per tonne last Friday, with its low and high at US$2,127 per tonne and US$2,151 per tonne respectively before closing at US$2,141 per tonne, up US$11 per tonne or 0.52 per cent. On Thursday, July 13, the LME aluminium cash bid price and LME official settlement price...
China’s aluminium production in June 2023 (30 calendar days) stood at 3.37 million tonnes, reflecting a drop of 2.94 per cent M-o-M from 3.472 million tonnes, found the Shanghai Metals Market survey. However, on a year-on-year calculation, the output in June 2023 edged a marginal rise of 0.14 per...
On Wednesday, July 12, both LME aluminium cash bid price and LME official settlement price hiked by US$18 per tonne or 0.84 per cent and US$18.5 per tonne or 0.86 per cent to close at US$2,146.50 per tonne and US$2,147.50 per tonne. 3-month bid price and 3-month offer price moved up by US$6 per...
According to the Shanghai Metal Market, today, on July 13, China’s aluminium ingot price has skyrocketed by RMB 210 per tonne to officially settle at RMB 18,440 per tonne, with average prices ranging between RMB 18,420 per tonne and RMB 18,460 per tonne. At the beginning of July, China’s aluminium...
Aluminium Bahrain B.S.C. (Alba), one of the world's largest aluminium smelters, has demonstrated its commitment to advancing in Artificial Intelligence (A.I.) by completing the "Green Anode Density Prediction" project with Nasser Artificial Intelligence Research and Development Centre. To celebrate...
Japanese primary aluminium premium in the September quarter is less likely to change much from the previous quarter, given a buyer has recently agreed to pay a premium of $127.5 per tonne to a global producer over the benchmark price for shipments, said a source on Tuesday, July 11, involved in the...
On Tuesday, July 11, the LME aluminium cash bid price and LME official settlement price halted at US$2,128.50 per tonne and US$2,129 per tonne, with a 1.57 per cent or US$33 per tonne upward growth. The LME aluminium spot price has suffered quite a lot with uncertain fluctuations all the way in...
Headquartered in Perth, South32, the mining and metals company has been working on an ambitious project in the Hillside Smelter to decrease GTC stack Hydrogen Fluoride (HF) emissions to 0,5 mg/Nm³ by April 2025 to meet new environmental regulations. Following the installation of the first Alumina...
On Monday, July 10, both LME aluminium cash bid price and LME aluminium official settlement price grew by US$10.5 per tonne or 0.50 per cent and US$10 per tonne or 0.47 per cent to close at US$2,095.50 per tonne and US$2,096 per tonne. 3-month bid price and 3-month offer price also hiked by US$14.5...
On Monday, July 10, Azerbaijan announced to invest in the reconstruction of the Tajik Aluminium Company (TALCO) smelter in Tajikistan. This plan was mutually agreed between Azerbaijan and Tajikistan during the sixth session of the Joint Intergovernmental Commission on Trade and Economic...
The BlueGreen Alliance, a non-profit organization based in Washington, has recently published a report presenting recommendations to address the downward trend in the primary aluminium industry in the United States. The report focuses on meeting the increasing demand for aluminium from the clean...
According to the US Geological Survey, the United States domestic primary aluminium production in April 2023 stood at 63,000 tonnes, down by 2,000 tonnes or 3.08 per cent from 65,000 tonnes in March 2023. On a year-on-year calculation, the output plunged by 19,000 tonnes or 23.17 per cent from...
According to the Shanghai Metals Market survey on Monday, July 10, A00 aluminium ingot price has begun the week with an increase of RMB 60 per tonne after four consecutive days of fall since last Tuesday, July 4. As per the data, the aluminium ingot price has pegged at RMB 18,270 per tonne versus...
LME aluminium opened at US$2,134 per tonne last Friday, with its low and high at US$2,127 per tonne and US$2,151 per tonne respectively before closing at US$2,141 per tonne, up US$11 per tonne or 0.52 per cent. On Friday, July 7, the LME aluminium cash bid price shed US$18 per tonne or 0.85 per...
European aluminium producers have expressed concerns about a potential breach in the European Union's carbon border tax (CBAM), which could enable heavily polluting exporters like China and other Asian countries to evade regulations and inundate the bloc with inexpensive heavy metal emissions. The...
The primary aluminium segment has been bombarded with pivotal events this week, with Aluminium China 2023 and the 27th International Conference on Non-ferrous Metals making headlines on an international scale. The European Union has updated the Critical Raw Materials Act (CRMA) to include aluminium...
The Critical Raw Materials Act (CRMA) of the European Union (EU) has been updated to include aluminium among the minerals and metals covered by its provisions. The Act serves as the focal point of the EU's plan to acquire the essential resources required to rival the United States and China in the...
LME aluminium opened at US$2,139 per tonne on Thursday, with its low and high at US$2,127 per tonne and US$2,153 per tonne, respectively, before closing at US$2,130 per tonne, a drop of US$7 per tonne or 0.33 per cent. On Thursday, July 6, both LME aluminium cash bid price and LME aluminium...
