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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According to the Shanghai Metals Market survey, the average aluminium spot price in China has further decreased over the weekend by RMB 6 per tonne to start the week at RMB 3,342 per tonne, as of Monday, March 4. In Shandong and Shanxi, the alumina spot price has declined by RMB 10 per tonne to...
Demand for alumina from China is rising strongly, opening the door for international producers and traders to make some increased profits. The combination of restrictions on bauxite mining leading to cuts at refineries, winter snow storms blocking logistics, and healthy demand for the key material...
According to the Shanghai Metals Market survey, the average alumina spot price has decreased by RMB 3 per tonne to begin the month of March at RMB 3,348 per tonne. In Shanxi, the price has shed off RMB 10 per tonne to come in at RMB 3,365 per tonne on March 1, 2024. The average prices are estimated...
The nationwide strike in the bauxite kingdom Guinea , which had brought the nation and its mining sector to a standstill since February 26, 2024, has been suspended by the country's trade unions, according to a statement released on February 28. The Guinean Trade Union Movement, representing...
On Tuesday, February 27, China’s A00 aluminium ingot price ascended by RMB110 per tonne to settle at RMB 18,810 per tonne, with the spot contract price expected to be traded at a discount price of RMB 50 per tonne to RMB 10 per tonne. The average prices are expected to stand between RMB 18,790 per...
On Friday, February 23, China’s A00 aluminium ingot price gained RMB 140 per tonne to settle at RMB 18,870 per tonne, with the average prices between RMB 18,850 per tonne and RMB 18,890 per tonne. The spot contract price may be traded at a discount price of RMB 40 to a premium price of RMB 0 per...
Today, the SMM A00 aluminium ingot price has discarded RMB 150 per tonne to close at RMB 18,730 per tonne, with the average prices ranging between RMB 18,710 per tonne and RMB 18,750 per tonne. The Shanghai Metals Market has shown a major slump in aluminium prices today, with the highest recorded...
Full year 2023 adjusted EBITDA amounted to NOK 22,258 million, compared with NOK 39,664 million in 2022. The decline was primarily due to reduced sales prices for aluminium and alumina, decreased volumes in extrusions and recycling, elevated fixed costs, and diminished proceeds from power sales....
China’s A00 aluminium ingot price has descended by RMB 10 per tonne to settle at RMB 18,910 per tonne as of Thursday, February 8. As per the SMM data, the prices have fallen in all the provinces. To begin with, the prices in Foshan and Gongyi have fallen by RMB 50 per tonne and RMB 10 per tonne to...
On February 5, today, the SMM aluminium A00 ingot price slumped by RMB 180 per tonne to close at RMB 18,730 per tonne, with the average prices ranging between RMB18,710 per tonne and RMB 18,750 per tonne. If we consider the SMM aluminium price on January 5, there can be witnessed a Month-on-Month...
On January 31, today, the SMM A00 aluminium ingot price in China has lowered by RMB 40 per tonne to close at RMB 18,970 per tonne, with the average prices hovering between RMB 18,950 per tonne and RMB 18,990 per tonne. On January 24, last week, the SMM aluminium price was RMB 18,980 per tonne,...
According to the Shanghai Metals Market data, China's average alumina spot price has gained RMB 5 per tonne over the weekend to reach RMB 3,351 per tonne on Monday, January 29. The price stands at its highest point in the past two years. December 2, 2021, was the last time the Chinese alumina spot...
According to the Shanghai Metals Market (SMM) survey, A00 aluminium ingot price has recorded a decline of RMB 70 per tonne on Thursday, January 25, to reach RMB 18,910 per tonne. The average prices are estimated to range between RMB 18,890 per tonne and RMB 18,930 per tonne, with spot contract to...
The alumina spot price in China has inflated by RMB 5 per tonne to close at RMB 3,345 per tonne, while the alumina spot price in Shandong has gained RMB 15 per tonne to close at RMB 3,245 per tonne. In Guizhou, the alumina price has levitated by RMB 20 per tonne to rest at RMB 3,335 per tonne. The...
On Tuesday, January 23, China's A00 aluminium ingot price dropped by RMB 80 per tonne to stand at RMB 18,750 per tonne, with the average prices ranging between RMB 18,730 per tonne and RMB 18,770 per tonne. The spot contract price may be traded at a premium price of RMB 40 to RMB 80 per tonne. As...
The SMM A00 aluminium ingot price has dropped RMB 80 per tonne, resting at RMB 18,940 per tonne. The average prices have ranged between RMB 18,920 per tonne and RMB 18,960 per tonne. If we consider the SMM aluminium price on January 9, there can be seen a Week-on-Week slump of RMB 160 per tonne or...
China's average alumina spot price has expanded by RMB 7 per tonne, officially closing at RMB 3,334 per tonne, while the alumina price in Shandong has augmented by RMB 20 per tonne to rest at RMB 3,200 per tonne. The alumina price in Guizhou has levitated by RMB 15 per tonne to stop at RMB 3,315...
On Thursday, January 11, China’s A00 aluminium ingot price dropped by RMB 110 per tonne to halt at RMB 19,100 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 19,080 per tonne and RMB 19,120 per...
