Rusal Opens 72 ktpa Petroleum Coke Calciner in South Central Siberia

Aug. 16, 2017 - 15:00

Russian Federation aluminium major U.C. Rusal announced yesterday the commissioning of a new calciner at its smelter in south-central Siberia. Rusal installed the US$23.7 million calciner at the Irkutsk Aluminium Smelter (IrkAZ) after a decision two years ago to upgrade…

Hindalco Eyeing Expanding Operations to China

Aug. 16, 2017 - 09:00

In an interview with local media, Hindalco’s managing director Satish Pai opined that capacity cuts occurring in the People’s Republic of China may well be a boon for global aluminium prices. Noting that the Chinese government is in the midst…

Rusal Commissions US$5.6 Million Facility for New Aluminium Alloy Wire Rods in NW Russia

Aug. 15, 2017 - 15:00

Russian Federation aluminium titan U.C. Rusal announced yesterday the beginning of a project to produce a new variant of aluminium alloy wire rods at its Kandalaksha aluminium smelter (KAZ). Rusal began the US$5.6 million project in March 2016, which included…

It’s Official: CNIA to Pursue Legal Remedy Against U.S. for Aluminium Foil Tariffs

Aug. 15, 2017 - 09:00

The China Nonferrous Metals Industry Association (CNIA) removed all doubt regarding the rumors that it will challenge the recent antidumping measures on aluminium foil imported from the People’s Republic of China into the United States. According to a statement released…

Exploration Last Year in Iran Identifies Additional 14 Million Tons of Bauxite Reserves

Aug. 14, 2017 - 15:00

Due to exploration work carried out by the country’s state-owned alumina firm, Iran’s estimated overall reserves of bauxite increased by 14 million tons over the previous fiscal year. According to Iran Alumina Company’s manager Touraj Zare’, new deposits of bauxite…

Century, Glencore Possible Buyers for Rio Tinto’s Pacific Aluminium Operations

Aug. 14, 2017 - 09:00

Century Aluminium and Glencore plc are rumored to be contemplating the purchase of Rio Tinto Group’s aluminium assets in the Pacific. The assets are for sale at present through Deutsche Bank and could be sold for as much as US$1…

  • Cash Buyer 2095.5 -0.05%
  • 3-Months Buyer 2086.0 ' -0.05%

LME Official Price(USD/tonne) for 17 August 2017