The London Metal Exchange (LME) aluminium price faltered across the pricing and contract segments on the September 2 close. The trend reflected a contrast of the surge reported in the September 1 session . The LME aluminium cash bid pulled back by 0.18 per cent day-on-day on September 2, down to...
The most-traded SHFE aluminium 2610 contract closed at RMB 24,100 per tonne today, up RMB 30 on the day, a gain of 0.12 per cent. Trading volume was 163,674 lots, open interest stood at 242,331 lots, with a daily decrease of 6,267 lots, as both bulls and bears reduced positions to lock in profits...
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When South32 agreed at the start of July to sell almost its entire aluminium value chain to Alcoa for up to USD 5.6 billion, the instinctive read was that a diversified miner had blinked and walked away from aluminium. The sharper question is the one the market keeps misframing: did South32 sell at...
Emirates Global Aluminium (EGA) has restarted alumina production at its Al Taweelah alumina refinery in Abu Dhabi, marking another step in restoring operations at the company's integrated aluminium production complex. EGA said alumina production is expected to reach 50 per cent of the refinery's...
Aluminium prices on the London Metal Exchange (LME) continued their improving trend on July 9. Cash and near-term contracts reported gains of almost 1 per cent, while stocks continued to slide, indicating depletion in the inventory amid tight market conditions. On July 9, the LME aluminium cash bid...
Ireland's Minister of State for European Affairs, Thomas Byrne, has rejected suggestions that the controversy over alleged alumina exports from Aughinish Alumina in Limerick to Russia has overshadowed the start of Ireland's Presidency of the Council of the European Union. Speaking in Strasbourg,...
MECON Limited has successfully completed the trial run of the BBC-1 and BBC-2 conveyor systems for NALCO's 1.0 million tonnes per annum (MTPA) Alumina Refinery Stream-5 expansion project at Damanjodi, Odisha. The trial was carried out in the presence of NALCO Director (Production & Technology) and...
In the first half of 2026, China's domestic alumina production rose 5.6 per cent Y-o-Y to 45.9 million tonnes, with capacity up 8.2 per cent to 120.95 million tonnes per year. June saw a 258,000 supply deficit in the southwest, covered by northern shipments. In the second half, supply tightness is...
Momentum is building within the European Parliament as Aughinish Alumina faces a European Union vote to decide the future of its exports to Russia. Several Members of the Parliament, resolute to urge a full ban on the Russia-bound shipments, add fresh pressure on both Brussels and Dublin. It forms...
The London Metal Exchange (LME) aluminium price chart showed improvement on the July 7 session. Gains were posted across all the pricing segments, barring the opening stocks and cancelled warrants, which continued to edge lower. On July 7, the cash bid reached USD 3,118 per tonne, up 0.44 per cent...
A court in Ukraine has authorised the Asset Recovery and Management Agency (ARMA) to take over and sell more than 3,000 specialised containers linked to the Mykolaiv Alumina Plant, concluding that continued storage would further reduce the assets' economic value. According to a ruling by the...
The London Metal Exchange (LME) aluminium price graph has been consistently reporting a decline for nearly 10 days since the June 22 close. As the Middle East tensions come to a settled state, supply fears have clearly started to ease. Moreover, Emirates Global Aluminium (EGA) announced its...
Has the alumina output of the Americas reflected a cooling effect across the global platform in the first half (H1) of 2026? According to industry data, cumulative alumina production in North America and South America from January to May totals 5.81 million tonnes. While the joint output registers...
Press Metal Aluminium Holdings Bhd is expected to strengthen its earnings in the coming years, with MBSB Research forecasting an improvement in net profit margins from 15.3 per cent in FY2026 to 16.6 per cent by FY2028. The research firm has initiated coverage on the company with a "buy"...
Ireland has pledged to ensure that alumina produced at the Russian-owned Aughinish Alumina refinery is not used to support Russia's military, after Ukrainian President Volodymyr Zelenskyy urged the European Union to sanction the facility during his visit to Dublin. Speaking at a joint press...
American aluminium producer Alcoa Corporation’s acquisition of a portfolio of bauxite, alumina and aluminium assets from Australian mining company South32 has received a cautious reaction from investors. Since the announcement of an upfront transaction worth USD 4.1 billion , Alcoa shares (NYSE:AA)...
From tightness to oversupply in southwest China At the beginning of the year, the commissioning progress of new alumina projects in Guangxi fell short of expectations, compounded by temporary production cuts at several alumina plants in the southwest region, leading to persistently tight spot...
Alcoa has agreed to acquire South32’s aluminium value-chain assets in Australia, Brazil and South Africa in a transaction with an implied enterprise value of up to USD 5.6 billion. The binding conditional agreement will significantly expand Alcoa’s upstream aluminium business, adding bauxite...
The London Metal Exchange (LME) aluminium price graph reflected a sharp drop in figures on the final trading session for June. Barring the stable alumina price, a downward trend was noted across all the pricing segments at the close of June 30. The LME aluminium cash bid, as well as the offer...
Aughinish Alumina will be required to provide almost EUR 31 million (USD 35.41 million) in financial security to cover the future closure of its alumina refinery in County Limerick and the environmental restoration of the site under a new agreement approved by Ireland's Environmental Protection...
