Alumina Price

CHALIECO wins $833m bid for 2.4Mt Vietnam alumina project
28 OCT 20262MINS

CHALIECO wins $833m bid for 2.4Mt Vietnam alumina project

China-based China Aluminum International Engineering Co., Ltd. (CHALIECO) has won a bid for an engineering, procurement and construction (EPC) contract valued at approximately USD 833 million for a proposed alumina project in Vietnam, adding to investment activity in the country’s mineral processing sector. The project, being developed by Binh Phuoc Ore Mining and Beneficiation Joint Stock Company, is designed to process 2.4 million tonnes of alumina annually. The proposed contract is valued at around CNY 5.595 billion (USD 839.04 million), with completion expected within 27 months of the contract’s effective date. CHALIECO to oversee turnkey refinery development Under the proposed turnkey arrangement, CHALIECO’s responsibilities will cover the full project delivery process, from...

28 OCT 20262MINS

LME aluminium price rallies $3,078/t as Asian Ref Price gains 1.5% on October 27

The London Metal Exchange (LME) aluminium price chart continued to rally, reporting gains over the October 26 close in the October 27 trading session across the pricing and contract segments. Asian Reference Price gained 1.5 per cent, while aluminium inventories continued to falter. The LME aluminium cash bid price gained 1.02 per cent on October 27, rising to USD 3,077.5 per tonne from USD 3,046.5 per tonne. The offer price surged to USD 3,078 per tonne from USD 3,047.5 per tonne , up 1 per cent day-on-day. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid as well as offer prices reported a 1.22 per cent rise. The bid surged to USD 3,062...


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Rise and fall in LME aluminium prices: Cash jumps to $3,047.5/t as alumina dips 1.6%
Primary AL

Rise and fall in LME aluminium prices: Cash jumps to $3,047.5/t as alumina dips 1.6%

The London Metal Exchange (LME) aluminium price chart surged further in the October 26 trading session across the pricing and near-term contract segments compared to the October 23 close. Longer-dated contracts, inventories, and the alumina price, however, edged lower. The LME aluminium cash bid price gained 0.13 per cent on October 26, advancing from USD 3,042.5 per tonne to USD 3,046.5 per tonne. The offer price surged from USD 3,043 per tonne to USD 3,047.5 per tonne , up 0.15 per cent day-on-day. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid price reported a 0.27 per cent rise from USD 3,017 per tonne on October 23 to USD 3,025 per...

Alumina steady-to-soft as spot tightens, deepening losses fail to spur cuts
Alumina

Alumina steady-to-soft as spot tightens, deepening losses fail to spur cuts

Domestic spot alumina prices edged down slightly last week amid flat trading activity. Recent alumina price movements were mainly attributed to earlier concentrated restocking by downstream buyers, which has led to accumulating inventories at rail stations and smelters. Coupled with supply-side maintenance-driven output cuts that are still building, readily available spot volumes have tightened relatively. Only sporadic tender deals were heard recently, leaving prices in a temporary steady phase. On the bauxite front, domestic ore prices saw limited movement last week. Supply-side bottlenecks are unlikely to ease in the near term, with mines prioritising captive supply, leaving little excess spot material available. For imported ore, freight rates rebounded slightly and consecutively last...

LME aluminium prices climb up to 0.41% as Asian reference price jumps $34
Primary AL

LME aluminium prices climb up to 0.41% as Asian reference price jumps $34

LME aluminium prices moved higher on October 23, with cash and futures contracts posting gains. The Asian Reference Price also advanced, while alumina Platts prices edged up further. Opening stocks and live warrants changed little, although cancelled warrants declined. The cash bid rose 0.33 per cent to USD 3,042.50 per tonne from USD 3,032.50 per tonne . The cash offer also increased 0.33 per cent to USD 3,043 per tonne from USD 3,033 per tonne. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook " Three-month aluminium prices also strengthened. The bid climbed 0.31 per cent to USD 3,017 per tonne from USD 3,007.50 per tonne, while the offer advanced...

Ghana’s bauxite bottleneck: President Mahama courts investors for missing alumina refinery
Alumina

Ghana’s bauxite bottleneck: President Mahama courts investors for missing alumina refinery

Ghana is seeking investors to establish an alumina refinery, aiming to close a gap in its bauxite-to-aluminium production chain as the country prepares to phase out raw mineral ore exports by 2030. President John Dramani Mahama has identified the absence of domestic alumina refining as a key obstacle to retaining more value from the country’s mineral resources. Speaking during a panel discussion at the 2026 Financial Times Africa Summit on October 21, Mahama said Ghana could no longer rely on exporting raw materials while importing finished products. The government wants more processing to take place locally, creating jobs and expanding industrial activity. “We cannot continue forever to be the exporter of raw materials to the rest of the world and consumers of finished products,” Mahama...

China Sept alumina imports plunge 80% M-o-M as arbitrage shuts; exports dip on freight costs
Alumina

China Sept alumina imports plunge 80% M-o-M as arbitrage shuts; exports dip on freight costs

According to data released by the General Administration of Customs of the People's Republic of China (GACC), China imported 69,800 tonnes of alumina in September 2026, down 80.04 per cent month on month and up 16.26 per cent year on year. September alumina exports stood at 237,800 tonnes, down 44.05 per cent month on month and down 3.50 per cent year on year. The country recorded a net alumina export of 168,000 tonnes for the month, up 122.64 per cent month on month but down 9.85 per cent year on year. For January to September 2026, cumulative imports reached 3.06 million tonnes, up 458.365 per cent year on year, while exports totalled 2.58 million tonnes, up 28.85 per cent year on year. China was a net importer of 486,400 tonnes over the nine-month period, up 133.54 per cent year on...

LME aluminium price recovers on October 21: Cash gains 1%; stocks slip to 236,225t
Primary AL

LME aluminium price recovers on October 21: Cash gains 1%; stocks slip to 236,225t

The London Metal Exchange (LME) aluminium prices improved in the October 21 session after a decline in the October 20 trading session . A gain of nearly 1 per cent was reported across the pricing and contract segments, while stocks recorded a consistent decline. The LME aluminium cash bid price gained 0.91 per cent day-on-day, up from USD 3,003 per tonne to USD 3,030 per tonne. The offer price edged up from USD 3,003.5 per tonne to USD 3,031 per tonne, rising by 0.92 per cent. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook On October 21, the LME aluminium three-month bid price climbed from USD 2,996 per tonne on October 20 to USD 3,024 per tonne, marking a 0.94 per cent...

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