Goran Djukanovic

Why Aluminium Prices Could Still Go Up in H2 2018

Why Aluminium Prices Could Still Go Up in H2 2018

Base metals prices have been under pressure in recent weeks due to the looming trade war between the US and the rest of the world. Though imposing unilateral tariffs on Chinese aluminium, steel and many other goods was not a surprise per...

Events

UC Rusal Sanctions: Dangerous Games on Aluminium Markets

In early April, right as LME aluminium prices slipped below US$ 2000/tonne and heralded further falls, the U.S. Treasury Department announced fresh sanctions against Russia. The U.S. imposed sanctions against 24 Russian businessmen, striking at allies of President Vladimir Putin in a quite unexpected and aggressive move to punish Moscow for its alleged meddling in […]

Aluminium vs. steel in electric vehicles – the battle goes on

Aluminium use in automobiles and light trucks marks the highest growth from all other aluminium applications, in any segment of use. Aluminium remains “the fastest growing automotive material over competing materials and is entering its most unprecedented growth phase since we’ve been tracking the shifting mix of automotive materials,” the latest survey of automakers by […]

Is Rio Tinto Changing Its Aluminium Strategy – Again?

After agreeing last December to sell the Dunkerque smelter in France  many have seen the move as Rio Tinto’s desire to continue to divest its non-core parts of the aluminium segment – much like BHP Billiton did – such as Pacific Aluminium division’s assets in Australia and New Zeeland, and the ISAL smelter in Iceland. […]

The Dunkerque Smelter: Is Rio Tinto Wrong Again?

Reports that Rio Tinto agreed to sell the Dunkerque plant, the largest aluminium smelter in Europe, located in northern France, confirms the London-based company’s willingness to offload parts of its aluminium business. The deal was agreed with Liberty House, an industrial arm of British billionaire industrialist Sanjeev Gupta. Rio Tinto said in a statement that […]

Aluminium Combines Now: While ALRO Flourishes, KAP Flounders

While seemingly very different, Romania’s ALRO and Montenegro’s KAP – Kombinat Aluminijuma Podgorica – share one key number: $570 million. For ALRO, that is the amount of investment it has received since its 2002 privatisation. For KAP, that same number represents the money the Montenegrin state lost between 2005-2013, before the smelter went bankrupt in […]