The Ghana Integrated Aluminium Development Corporation (GIADEC) has firmly rejected claims that the Volta Aluminium Company (VALCO) is being sold, clarifying that the government is instead pursuing a carefully structured strategic partnership to revive and expand the long-idled smelter. The clarif ...
Futures: Last night's session, SHFE aluminium closed at RMB 24,100 per tonne, up 0.77 per cent. The price stood above all key moving averages (MA5: 24,086; MA60: 24,083.08), with short-term MAs forming a bullish alignment, indicating a strong structure. In the MACD indicator, the DIF (0.9315) cro ...
London Metal Exchange aluminium prices weakened across most contracts on January 21, reflecting a broad pullback from the previous session, while exchange inventories reflected significant improvement.
The LME aluminium cash bid price continued to decline, reaching USD 3,112 on January 21 from U ...
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