H1 2026 sees more renewable energy than ever: Here’s a region-by-region guide to renewable energy supply in the recent past
In the first half of 2025, humanity generated more electricity from renewables than from coal for the first time ever. What led to it? It was possible only because of two decades of falling solar panel prices, taller wind turbines, and governments finally treating clean power like an economic...
US Treasury yields rise, pressuring aluminium prices to consolidate at highs amid mixed signals
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,990 per tonne, down RMB 15 from yesterday's settlement price, a decline of 0.06 per cent. It opened at RMB 23,995 per tonne during the day and fluctuated within a range of RMB 23,950-24,055 per tonne. Prices traded below the MA5...
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China’s aluminium billet inventories rose 33,700 tonnes for third straight week
As updated by Shanghai Metals Market, inventories of aluminium billet rose for the third consecutive week. Stocks of 6063 aluminium billet across five major consumption areas in China increased by 33,700 tonnes from Thursday January 16 to stand at 100,000 tonnes as of Thursday January 23, after...
Slump forecast for Aluminium Industry, 2020: Jean Simard, CEO and President of Aluminium Association of Canada
The Canadian aluminium industry is in for a slump year as the demand for the metal is projected downswing. Mr Jean Simard, CEO and President, Aluminium Association of Canada communicated that global overproduction of the metal combined with a general economic slowdown around the world, and the...
Chalco Ruimin joins ASI as new Production & Transformation Member
Aluminium Stewardship Initiative (ASI) announced Chalco Ruimin Co., Ltd. has become a new Production & Transformation member of the ASI. This brings the total number of members working toward a responsible aluminium value chain to 110. Chalco Ruimin, located in Fuzhou, Fujian Province, China, is a...
China’s primary aluminium inventories jumped 60,000 tonnes; A00 aluminium price stands at RMB 14100/t
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 690,000 tonnes as of Thursday, 23 January 2020, up 60,000 tonnes. Aluminium inventories jumped ahead of the Chinese New Year on higher arrivals...
Three-month LME aluminium climbed to its highest in more than two weeks; SHFE aluminium edged down
The US dollar on Wednesday fell against a basket its rivals, easing off one-month highs. LME base metals, except for lead, closed lower across the board on Wednesday. LME aluminium declined 1% and SHFE aluminium traded higher. LME aluminium closed Wednesday’s trading at US$ 1807.5 per tonne, down...
A00 aluminium ingot price extends decline to RMB14090/t on high inventories and low consumption
According to the Shanghai Metals Market, the A00 aluminium ingot price has extended its decline today, on January 22, by RMB 30 per tonne to stand at RMB 14,090 per tonne. The average prices are expected to range between RMB 14,070 per tonne and RMB 14,110 per tonne, with spot contract to be traded...
Indonesian and Chinese companies sign US$ 695 million contract to build an alumina refinery
According to a recent report, Indonesian state-owned construction firm Pembangunan Perumahan (PP) and China Aluminium International Engineering Corporation Limited (CHALIECO) have signed a contract worth US$ 695 million to build an alumina refinery. As per the report, the refinery is to be...
World primary aluminium production slightly down in 2019; December production drops 1.11% YoY
Global primary aluminium production totalled 5.435 million tonnes in December, with a year-on-year drop of 1.11%, according to the latest data showed by the International Aluminium Institute (IAI) on Monday, 20 January 2020. The output rose by 3.35% from 5.259 million tonnes in November and 1.61%...
China saw the biggest decline in A00 aluminium ingot price; Aluminium Alloy (A356) price declined by RMB200/t
A00 aluminium ingot price plunged RMB 230 per tonne on Tuesday, 21 January 2020, the biggest drop since April 2018. The price now stood at RMB 14120 per tonne and is expected to move within a range of RMB 14100-14140 per tonne. Spot aluminium contract is likely to be traded at a discount of RMB 100...
China issues new standards for Aluminium scrap
The new standards for aluminium scrap metal have been published by China’s market regulator on 19 th Jan’20, elucidating on what materials will be permitted to import in the country from the second half of this year. China is focused to set a target of shrinking solid waste imports to the zero...
Primary aluminium inventories record speedy growth on Monday, resulting in sharp A00 aluminium ingot price decline
Aluminium inventories in China grew over the weekend by 21,000 tonnes, in contrast to 20,000 tonnes in the whole last week ended on January 16. Concentrated arrivals of stocks in some regions and weakening consumption as the world gears up for the Lunar New Year holidays were the two important...
Shanghai Shenhuo Aluminium Foil Co., Ltd achieves Certification against ASI Chain of Custody Standard
Shanghai Shenhuo Aluminium Foil Co., Ltd’s aluminium production facility has been certified against Aluminium Stewardship Initiative’s Chain of Custody Standard. The certification includes the manufacture of aluminium and aluminium alloy foils. The foil facility was also certified to the ASI...
China’s alumina production in 2019 down by 2.47% YoY due to capacity cut and output suspension
According to Shanghai Metals Market survey, China in December 2019 produced 5.87 million tonnes of alumina, with metallurgical-grade materials accounting for 5.62 million tonnes. With this, the country’s total alumina production in 2019 came in at 70.42 million tonnes, down 2.47 per cent from the...
China recorded its first aluminium production fall in 10 years in 2019
According to the National Bureau of Statistics, China’s annual aluminium production fell in 2019 for the first time in a decade. 35.04 million tonnes were the total aluminium production in China in 2019, down 0.9 per cent from record levels a year earlier, showed the NBS data. Outage at some major...
A00 aluminium price ends the week higher at RMB14550/t; Aluminium alloy (A356) price up by RMB400/t
A00 aluminium ingot price ended the week higher at RMB 14550 per tonne on Friday, 17 January 2020. The price registered a big jump of RMB 240 per tonne or 1.68 per cent from Thursday’s price of RMB 14310 per tonne. The price is expected to range at RMB 14530-14570 per tonne. Spot aluminium contract...
Ghana’s Sinohydro BARTER deal: A model Africa needs to follow
The multi-billion-dollar Ghana’s deal with China’s Sinohydro has been praised internationally as a model that the rest of Africa should adapt, to lessen the financial woes of their economies. The deal is considered as a game-changing deal, sealed by the President of Ghana, Nana Akufo Addo in 2018...
6063 aluminium billets inventories in China grow for the second consecutive week
According to Shanghai Metals Market, the stocks of 6063 aluminium billets across five major consumption areas in China rose for the second consecutive week by 13,200 tonnes. From 53,200 tonnes on last Thursday, January 9, the aluminium billets inventories, as of today, January 16, have come in at...
US-China “Phase One” Trade Agreement signed; Aluminium Association demands structural subsidies in Phase Two
On Wednesday, January 15, the US President Donald Trump signed a partial trade deal with China aiming to resolve prevailing American concerns about Chinese trade abuses. According to a text released by the White House, the deal included several steps to strike out some practices, such as...
