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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On Wednesday, June 15, the A00 aluminium ingot price in China halted at RMB 20,070 per tonne, after witnessing a hike of RMB 150 per tonne. As per the SMM data, the average price is expected to stand between RMB 20,050 per tonne and RMB 20,090 per tonne, with spot contract to be traded at a premium...
The average alumina spot price in China has stopped at RMB 2,957 per tonne, declining by RMB 3 per tonne, on Tuesday, June 14, as the SMM data shows. The alumina price in Henan has dropped by RMB 10 per tonne to halt at RMB 3,020 per tonne. In Guizhou, the alumina price has marked the highest...
On Monday, June 13, A00 aluminium ingot price in China halted at RMB 20,100 per tonne, falling sharply by RMB 400 per tonne, as shown in the SMM data. The average price is expected to hover between RMB 20,080 per tonne and RMB 20,120 per tonne, with spot contract to be traded at a discount price of...
On 10 th June 2022, the Guinea govt. has stated that it has given the bauxite mining companies doing business in the nation another ten days timeline to present the proposals for building alumina refineries , which they were supposed to attain by the end of May 2022. Guinea, one of the world’s...
On Friday, June 10, the average alumina spot price in China stopped at RMB 2,964 per tonne, declining by RMB 8 per tonne, as the SMM data shows. The alumina price in Henan has dropped by RMB 15 per tonne to halt at RMB 3,035 per tonne. Alumina's price in Guizhou has marked RMB 5 per tonne fall,...
On Thursday, June 9, average alumina spot price in China has stopped at RMB 2,972 per tonne, declining by RMB 14 per tonne, as the SMM data shows. The alumina prices in Henan and Guangxi have dropped by RMB 10 per tonne to halt at RMB 3,050 per tonne and RMB 2,985 per tonne, respectively. Alumina's...
A00 aluminium ingot price has dropped by RMB 20 per tonne to settle at RMB 20,820 per tonne on Tuesday, June 7, after a day of sizeable price rise, as noted by the Shanghai Metals Market (SMM). The average price of aluminium ingots are estimated to range between RMB 20,800 per tonne and RMB 20,840...
A00 aluminium ingot price in China has gained RMB 350 per tonne, following a sharp decline of RMB 570 per tonne on the previous day. According to the Shanghai Metals Market data, the price has come in at RMB 20,540 per tonne as of June 2, with average prices estimated to range between RMB 20,520...
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Alumina production in Africa & Asia (ex-China) stood at 1.179 million tonnes in April 2022, registering a continued increase of 8.36 per cent month-on-month, according to the International Aluminium Institute (IAI) data. In March, the output stood at 1.088 million tonnes, up by 1.21 per cent from...
China's average alumina spot price has continued to fall for the second day in a row, although at a lower rate than the previous day. According to the Shanghai Metals Market data, the price has dipped by RMB 2 per tonne to stand at RMB 2,987 per tonne on Tuesday, May 31. In Guizhou and Guangxi,...
The average alumina spot price in China has dived down by RMB 6 per tonne to rest at RMB 2,989 per tonne, and particularly in Shanxi, it has fallen by RMB 15 per tonne to halt at RMB 2,905 per tonne. A00 aluminium ingot price has dropped by RMB 50 per tonne to settle at RMB 20,750 per tonne on...
Today's alumina spot price in China has stopped at RMB 2,995 per tonne, declining by RMB 1 per tonne, as found in the SMM data. The alumina price in Shanxi has dropped by RMB 5 per tonne to halt at RMB 2,920 per tonne. The Australian alumina FOB price has decreased by US$ 4 per tonne, closing at...
On Tuesday, May 24, the average alumina spot price in China has stopped at RMB 2,996 per tonne, declining by RMB 4 per tonne, as found in the SMM data. The alumina price in Henan has also dropped by RMB 10 per tonne to halt at RMB 3,060 per tonne. A00 aluminium ingot price has plummeted after four...
The average alumina spot price has dropped for the fourth day in a row by RMB 7 per tonne to come in at RMB 3,000 per tonne as of Monday, May 23, found the Shanghai Metals Market. The alumina price in Lianyungang and Bayuquan has decreased by RMB 50 per tonne to record at RMB 3,050 per tonne and...
A00 aluminium ingot price has increased by RMB 260 per tonne to come in at RMB 20,770 per tonne on Friday, May 20, marking the third consecutive day of rise, found the Shanghai Metals Market (SMM). The average prices are estimated to range between RMB 20,750 per tonne and RMB 20,790 per tonne, with...
According to the Shanghai Metals Market, the average alumina spot price in China has slipped by RMB 2 per tonne to settle at RMB 3,012 per tonne on Wednesday, May 18, following a restraint on the previous day. In Shanxi, the alumina price has dropped by RMB 5 per tonne to settle at RMB 2,955 per...
China’s A00 aluminium ingot price has hiked by RMB 400 per tonne to close at RMB 20,510 per tonne, says SMM. The average price for the same is expected to range between RMB 20,490 per tonne and RMB 20,530 per tonne, with spot contract expected to be traded at a premium price of RMB 0-40 per tonne....
China’s alumina output in April 2022 (30 calendar days) settled at 6.397 million tonnes, including 6.201 million tonnes of metallurgical-grade alumina, says SMM data. Metallurgical-grade alumina output averaged 206,000 tonnes per day, down 2.2 per cent M-o-M but up by 5.05 per cent Y-o-Y. In April,...
