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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Alumina Limited, an Australian holding company, declared its 2023 first half results ended June 30, 2023, reporting a net loss (after tax) of US$43 million, compared to a net profit after tax of US$168 million during the corresponding period of the last year. Alumina Limited holds 40 per cent share...
According to data revealed by the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), alumina powder production in Iran grew 2 per cent year-on-year during the first four months of the current Iranian calendar year (March 21 to July 22). Iran produced 82,548 tonnes...
The average alumina spot price has dropped RMB 1 per tonne, stopping at RMB 2,912 per tonne, while the alumina price in Shanxi has lost RMB 5 per tonne to clock at RMB 2,925 per tonne. The alumina price in Guangxi has gained RMB 10 per tonne, closing at RMB 2,915 per tonne, and the alumina price in...
China’s alumina spot price has skipped RMB 1 per tonne upwards, officially closing at RMB 2,913 per tonne. The alumina spot price in Shandong has levitated by RMB 10 per tonne, stopping at RMB 2,875 per tonne, while the alumina price in Shanxi has stepped up the graph by RMB 5 per tonne, closing at...
Amid shifting market dynamics and a tempered macro outlook this year, Dongxing Aluminium has harnessed the power of proactive tactics. With its "three grasps and three promotions" strategy as a cornerstone, the company has focused on maximizing gains while minimizing costs. This dual-pronged...
The Shanghai Metals Market, on August 18, logged an RMB 120 per tonne crunch, with the SMM A00 aluminium ingot price closing at RMB 18,520 per tonne. The average aluminium ingot prices have ranged between RMB 18,500 per tonne and RMB 18,540 per tonne. China’s eight major provinces have all recorded...
On August 16, the Shanghai Metals Market noticed a considerable price hike of RMB 120 per tonne, with the SMM A00 aluminium ingot price closing at RMB 18,590 per tonne. The average aluminium ingot prices have ranged between RMB 18,570 per tonne and RMB 18,610 per tonne. SMM A00 aluminium ingot...
The Shanghai Metals Market on August 14 recorded a profound plunge of RMB 170 per tonne to rest at RMB 18,380 per tonne, with average aluminium ingot prices hovering between RMB 18,360 per tonne and RMB 18,400 per tonne. The SMM A00 aluminium ingot price historical data indicates there has been a...
On Friday, August 11, the A00 aluminium ingot price in China has grown by RMB 10 per tonne to close at RMB 18,550 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 40 to a premium price of RMB 0 per tonne. As per the data, the average prices are expected to...
The Shanghai Metal Market, today, on August 10, has noted an RMB 5 per tonne spike in China’s average alumina spot price, with it officially halting at RMB 2,901 per tonne, while in Shandong and Shanxi, the alumina spot prices have seen an increase of RMB 5 per tonne, closing at RMB 2,860 per tonne...
On Wednesday, August 9, SMM aluminium reported that China’s A00 aluminium ingot price has dipped by RMB 10 per tonne to close at RMB 18,470 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 30 per tonne to a premium price of RMB 10 per tonne. The average...
The Shanghai Metal Market (SMM), today, on August 7, has marked a drop of RMB 40 per tonne to settle at RMB 18,490 per tonne. On M-o-M calculation, a hike of RMB 280 per tonne was witnessed from RMB 18,210 per tonne on July 7. As of today, the average prices are expected to stand between RMB 18,470...
The Shanghai Metal Market, today, on August 4, has marked a jump of RMB 6 per tonne in China’s alumina spot price, with it officially halting at RMB 2,893 per tonne, while in Shandong and Shanxi, the alumina spot prices have seen a spike of RMB 10 per tonne, closing at RMB 2,855 per tonne and RMB...
On Thursday, August 3, China’s A00 aluminium ingot price dropped by RMB 90 per tonne to close at RMB 18,450 per tonne, with the average prices between RMB 18,430 per tonne and RMB 18,470 per tonne. The spot contract prices are expected to be traded at a discount price of RMB 60 to RMB 20 per tonne....
As per the SMM market price chart, the alumina spot price in China has increased by RMB 5 per tonne to rest at RMB 2,881 per tonne, while the alumina price in Shandong has rocketed RMB 10 per tonne, closing at RMB 2,840 per tonne. Other than that, the SMM alumina price in Henan, Shanxi and Guangxi...
The domestic average alumina spot price in China has recorded an increase of RMB 4 per tonne on Tuesday, August 1, to reach RMB 2,876 per tonne, found the Shanghai Metals Market data. Throughout the previous month, the price trended up by RMB 54 per tonne to close at RMB 2,872 per tonne. With the...
On Monday, July 31, the A00 aluminium ingot price in China gained RMB 30 per tonne, settling at RMB 18,380 per tonne. The spot contract price is expected to be traded at a discount price of RMB 20 per tonne to a premium price of RMB 20 per tonne, with average prices between RMB 18,360 per tonne and...
On Friday, July 28, the average alumina spot price in China has grown by RMB 7 per tonne to close at RMB 2,871 per tonne. The price in Guangxi has gained RMB 10 per tonne to settle at RMB 2,865 per tonne, followed by a hike of RMB 5 per tonne in Shanxi and Guizhou to clock at RMB 2,880 per tonne...
