China's domestic spot alumina prices continued their gradual downward trend last week, with sporadic discounted transactions emerging in the market, based on Mysteel's survey. The pressure was partly contributed by the persistent expectation of fresh supply coming online in southern China, leaving...
A NewPro study supports a staged 2,000-to-4,000-tonne-per-year high-purity alumina plant on the US Gulf Coast, with a post-tax NPV of about USD373 million and a 42.3 per cent IRR. Impact Minerals is advancing plans for a modular high-purity alumina (HPA) plant in the US after an independent scoping...
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It's a new week but not a new beginning! Both alumina and primary aluminium prices have continued to decline over the weekend, albeit at a lower rate than the previous day . According to the Shanghai Metals Market survey, the average alumina spot price has decreased by RMB 6 per tonne, compared to...
The SMM aluminium market is buzzing with activity, offering a blend of stability and subtle shifts across various segments. While some prices held their ground, others nudged lower, reflecting the ever-changing dynamics of supply and demand. From alumina to primary and secondary ingots and even...
China’s aluminium trading market, often seen as a bellwether for global trends, exhibited subtle yet telling shifts as per the latest Shanghai Metals Market (SMM) pricing report released on Thursday. Alumina and aluminium prices showed mixed dynamics, reflecting evolving supply-demand balances and...
On the day of Christmas, as the world is in a celebratory mood, the aluminium price on the Shanghai Metals Markert is on the hiking trend, bringing good news for investors. As of December 25, 2024, the Shanghai Metals Market (SMM) reported the following prices for alumina and aluminium ingots:...
According to the Shanghai Metals Market survey, China’s primary aluminium and input costs have shrunk overnight, indicating muted demand for the commodities. The only exception is bauxite, with its domestic price remaining unchanged and imported price gaining US$ 0.08 per tonne to US$105.84 per...
On Monday, December 23, aluminium (both primary and secondary) keeps climbing the pricing ladder at the Shanghai Metals Market (SMM). However, as per the SMM listing, alumina prices (both average and provincial pricing) remained stable, showing no changes from the previous week's closing session....
Arrow Minerals Limited (ASX: AMD) is pleased to report more outstanding assays from its maiden drilling program at the Niagara Bauxite Project in Guinea. The project is located within trucking distance (~100km) of the multi-user Trans-Guinean Railway. Arrow has already completed the first pass of...
On December 20, 2024, a sudden development emerged as aluminium prices in the Shanghai Metals Market (SMM) witnessed a substantial surge. As of the latest trading session, the prices of both A00 aluminium ingot and aluminium alloy ingot have all seen notable increases. Image Source:...
Today, on December 19, the Shanghai Metals Market has indicated a drop in alumina and aluminium prices. Traditional off-season in China causing lessened demand for primary aluminium among the downstream industry is one of the major factors for sequential aluminium price fall, while production cuts...
The aluminium metal segment in the Shanghai Metals Market has seen an across-the-board downward pricing trend on Monday, December 16. On one hand, the non-ferrous metal's primary and secondary ingot pricing has declined, and on the other hand, the alumina pricing has remained stagnant after abrupt...
Shares of NALCO saw a sharp decline of over 7 per cent on Thursday, December 12, dropping to their lowest point of the day. Answering to the question of why several key factors have weighed in on this nationally and internationally. The primary trigger appears to be the movement in alumina prices,...
According to the Shanghai Metals Market survey, China’s domestic aluminium production destabilised in November 2024 (30 calendar days), recording a month-on-month downfall of 3.21 per cent, attributed to environment protection-related controls requiring production cuts during the dry season. In...
The price of a00 primary aluminium ingot, on Tuesday, December 10, has descended a diminutive amount to its yesterday's pricing. On December 11, 2023, the Shanghai Metals Market closed with the metal's average pricing being listed at RMB 18,380 per tonne, and on Tuesday, as the week progressed, the...
After three months of continuous upheaval in alumina's pricing at the Shanghai Metals Market (SMM), today, on December 09, the crystalline substance's price ultimately remained unfazed. Image Courtesy: Flickr (Jorge Sá) Alumina price trend Both the average price and the provincial prices remained...
On Wednesday, December 4, the A00 aluminium ingot price in China has increased by RMB 40 per tonne to halt at RMB 20,360 per tonne with the spot contract price expected to be traded at a premium price of RMB 0 to RMB 40 per tonne. The average prices may stand between RMB 20,340 per tonne and RMB...
China’s A00 aluminium ingot price has lost RMB 60 per tonne to settle at RMB 20,320 per tonne, with the spot contract price expected to be traded at a discount price of RMB 10 per tonne and a premium price of RMB 30 per tonne. The average prices may stand between RMB 20,300 per tonne and RMB 20,340...
In conversation with Stockhead, a business news publication dedicated to connecting investors with emerging ASX-listed companies, Lowell Resources Fund's chief investment officer, John Forwood, highlights that the booming bauxite prices are bringing attention back to ASX stocks and how. To his...
The price of alumina, as well as primary and secondary aluminium ingot, is stabilising from the leaps of hike in the Chinese metals market. Image Source: Advanced Ceramic Materials (ACM) Corporation Alumina pricing: Averaged and provincial On Monday, December 2, as the week and the month started,...
