The United States has been witnessing a collision between AI data storehouses and aluminium smelters, and a tug of war for electricity. All over the US, facilities are faced with electricity generation and transmission challenges. While choosing a customer to supply power, they are opting for the da ...
The London Metal Exchange (LME) aluminium prices on December 16 showed a slightly lower price than the previous day’s close. On the other hand, at the inventory front, the live warrants and cancelled warrants rose slightly.
On December 16, both the LME cash bid and offer fell by USD 7.5 per tonn ...
Hong Leong Investment Bank Bhd (HLIB) has reaffirmed its “BUY” call on Press Metal Aluminium Bhd. The bank raised its target price to MYR 7.64 (USD 1.84), reflecting stronger earnings visibility. The upgrade is driven by robust aluminium prices, favourable alumina costs and steady operational expans ...
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