Processing Ghana’s Bauxite Ore Could Net the Country US$450 Billion: V.P. Bawumia

Oct. 22, 2017 - 12:00

Ghana’s Vice President Dr. Mahamudu Bawumia says that his country could earn US$450 billion dollars from the successful processing and sale of the country’s 900-million-metric-ton reserve of the ore. Bawumia made the declaration in the course of delivering the keynote…

Perfectus Aluminum Takes AEC to Task for “False Narrative” in Unpaid Duties Story

Oct. 21, 2017 - 12:00

Perfectus Aluminum Inc. issued a scathing rebuttal to a story published by the Aluminum Extruders Council (AEC) late last week accusing the California firm of being pursued by the Federal government for unpaid import duties. In a press release issued…

Recovering Aluminium Sector Buoys Alcoa’s Third-Quarter Results

Oct. 20, 2017 - 15:00

Pittsburgh aluminium pioneer Alcoa Corporation released third-quarter results on Wednesday. The firm’s numbers were up across the board, a fact that the firm says is in part a reflection of the strengthening global aluminium market. The firm posted revenue for…

Glencore to Trade Interest in Rusal for Stock in En+ Group

Oct. 20, 2017 - 09:00

Russian Federation energy firm En+ Group announced Wednesday that Glencore plc will acquire stock in the firm after trading back its 8.75-percent interest in U.C. Rusal. The move comes as En+ Group endeavors to raise US$1.5 billion to launch an…

Clemson Researchers Develop Improvements to Aluminium-Ion Battery Technology

Oct. 19, 2017 - 15:00

Researchers at Clemson University say they have made progress in improving the performance of aluminium-ion batteries. Though aluminium-ion batteries are less toxic and more efficient than lithium-ion batteries, past attempts at making workable prototypes of an aluminium-ion battery have failed…

Chinese Government to Order Xinfa Aluminium to Suspend Almost 400 Thousand MTPA This Winter

Oct. 19, 2017 - 09:00

Draft documents from the city government of Shandong Xinfa Aluminium Group’s hometown reveal that the firm may be compelled by the government to curtail a significant amount of capacity over the coming winter months. The documents, which were obtained by…

  • Cash Buyer 2159.0 -0.05%
  • 3-Months Buyer 2166.0 ' -0.05%

LME Official Price(USD/tonne) for 20 October 2017