From black shale to smelter feed: CEM advances North American alumina supply chain
Canadian Energy Metals has demonstrated a process for producing smelter-grade alumina from Saskatchewan black shale and has started a prefeasibility study for its Thor Project. Canadian Energy Metals Corp. (CEM) has taken a step towards developing an alternative North American source of alumina...
LME aluminium price chart rises further to $3,325/t; stocks remain stable
The London Metal Exchange (LME) aluminium price chart continues to record an upward trend across the pricing and contract segments on the September 8 trading session, reporting gains over the September 7 close . Opening stocks remained stable, not reporting any further decline. The LME aluminium...
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China alumina spot prices fall as demand weakens at smelters; Bauxite & A00 ingot down too
China alumina spot prices are extending their declines. After registering a 8.4 per cent drop since its November highest of RMB 3730 per tonne till December 1 (RMB 3416 per tonne), the average alumina spot price has again dropped- this time to RMB 3390 per tonne. This RMB 26 per tonne drop can be...
Hindalco best placed to weather the winter freeze
China’s winter production cuts to curb smog have sent commodity prices higher. That’s no solace for aluminium producers in India as fuel and raw material costs are rising faster than the prices of the base metal. Yet, Hindalco Ltd. is best placed among its peers to beat the winter chill, brokerage...
China alumina spot prices fall in tandem with bauxite prices
China alumina spot prices fell for the second day in a week after registering a drop this Monday. As updated by Shanghai Metals Market, average alumina spot price in China domestic market stood at RMB 3480 per tonne on November 28, down from RMB 3496 per tonne on November 27. The spot alumina...
China alumina spot prices decline further; plants start executing production limit policy
Alumina spot prices in China domestic market are extending their declines. The average alumina spot price dropped by RMB 19 per tonne to stand at RMB 3496 per tonne, as on November 27. As updated by Shanghai Metals Market, average spot prices of one of aluminium’s key raw materials registered drop...
A00 aluminium ingot registers a slight gain today after consecutive falls in last five days
After following a severe downward curve for four days, aluminium prices in China have seen some upward movement today. As updated by Shanghai Metals Market, average A00 aluminium ingot price has gained RMB 40/t on November 23 to stand at RMB 14,800/t from RMB 14,760/t yesterday. The slight rise in...
Aluminium and its raw material prices are on a downward curve in China, prebaked anode remains unchanged
Aluminium and its raw materials are on a downward curve in China following winter capacity cut drive. Consumption is low and downstream purchasing is slow on expectation of lower supply. A00 ingot price is experienced the biggest drop in recent time in November. The average price of A00 Aluminium...
A00 ingot prices plunge below RMB 15,000/t; alumina on a downward curve
A00 ingot price has experienced the biggest drop in recent time today when the average price stood at RMB 14,860/t. As updated by Shanghai Metals Market, the primary ingot price registered a drop of RMB 250/t. The price is expected to range within RMB 14,840 – 14,880 per tonne. Aluminium price has...
China alumina and aluminium prices are on a downtrend with the start of capacity cut drives
Both alumina and aluminium prices are on a downward trend after actual winter cuts have started in China. As updated by Shanghai Metals Market, average spot alumina price in China stands at RMB 3558/t on November 20, a further drop from RMB 3593/t on November 17. SMM expects the spot prices to stay...
"Little prospect of any near-term supply response" for aluminium raw materials: An analysis
So, aluminium prices are back again to the below US$2,100 per tonne mark. With demand remaining muted, this downtrend is unlikely to reverse in the near term. However, China monthly production figures (October production 2.55 million tonnes down by 2.3% YoY) suggest that aluminium supply from the...
A00 aluminium ingot price gains in China with the start of winter capacity cut programme; spot alumina drops across the market
With the starting of the implantation of actual winter capacity cut for alumina and aluminium yesterday, primary ingot prices registered a jump today. As updated by Shanghai Metals Market, average A00 aluminium ingot price has gained RMB 170/t on November 16 to stand at RMB 15,360/t from RMB...
Winter capacity cut starts in China today; alumina prices register a slight drop
The implantation date for actual winter capacity cut starts today. With the arrival of production limit date, alumina plants from different Chinese provinces have been implementing their reduction plan. As updated by Shanghai Metals Market, average spot alumina price in China stands at RMB 3701/t...
China’s alumina output on a new high in October; spot prices on a downward curve
Spot Alumina prices are on a downward curve after staying flat since the last week of October, following downtrend in aluminium. As updated by Shanghai Metals Market, average spot alumina price in China has dropped from RMB 3719/t on November 10 to RMB 3701/per tonne on November 13. SMM expects the...
Spot Alumina prices in China drop following downtrend in aluminium, to test support at RMB 3700/t
Spot Alumina prices drops for the first time after staying flat since the last week of October, following downtrend in aluminium. As updated by Shanghai Metals Market, average spot alumina price in China has dropped from RMB 3730/t to RMB 3719 per tonne on November 10. SMM expects the spot prices...
TOR Minerals International's alumina revenue falls 23% in 3Q17
TOR Minerals International, Inc. producer of high performance specialty minerals published its financial results for the third quarter ended September 30, 2017. The company’s sales decreased 5 percent to $9.5 million in Q3 2017. The decrease in revenue was primarily due to a 23 percent decrease in...
Announcement of production limit plan lifts alumina prices in China
In the midst of the announcement of production limit plan during winter heating season, alumina prices are holding strong. Average spot alumina price has registered a gain of RMB 22/t to stand at RMB 3730/t after a flat run for two days. Spot alumina prices have gained in all other individual...
Capacity reduction plan continues supporting aluminium price in China, raw material prices remain unchanged
With the introduction of reduction plan during heating season of Henan, Shandong and Shanxi Provinces, the affected annual capacity of electrolytic aluminium is expected to exceed 2.6 million tonnes. Since restarting of old capacity and newly-increased capacity are on the line, so production limit...
Capacity reduction to tighten China's alumina supply in winter, prices expected to stay high
According to a Shanghai Metals Market, Henan Province, Binzhou and Zibo city of Shandong Province have introduced the time of production limit and the number of limited production line for alumina up to October 16. The government has asked for annual 10.34 million tonnes production limit. SMM has...
Spot alumina rises further on news of winter alumina capacity cut; A00 ingot falls for two consecutive days
According to a Shanghai Metals Market report, Shandong’s Liaocheng has issued winter output cut program for industrial enterprises. According to the program, Xinfa Group needs to close 564 electrolytic cells in winter heating season, or about 381,900 tonnes of capacity, which accounts for 30% of...
