Rusal Seeks To Grow Low-Carbon Aluminium Sales To China
Russian Federation aluminium giant UC Rusal is mulling increasing its presence in the People’s Republic of China’s low-carbon aluminium market,...
Business
Guangdong Aluminium Smelters Send Workers On Spring Festival Holiday Early Due To Tepid Demand
Several aluminium smelters in Guangdong, China are closing down earlier than usual for the Spring Festival holiday this year, while others are revising output goals downward for the current year, as domestic demand for aluminium in recent weeks has been weaker than...
Norsk Hydro Invested NOK3 Billion In Green Transition Projects In Last Two Years
Norway’s aluminium titan Norsk Hydro ASA said this week that it has invested NOK3 billion (US$306 million) in five of...
Kaiser Aluminum Releases 2021 Sustainability Report
American aluminium firm Kaiser Aluminum released its 2021 Sustainability Report this week in which it described its environmental, social, and...
Events
Metro Mining Ends Operating Season Early At Bauxite Hills, Still Sets Production Record
Australia’s Metro Mining Ltd. announced this week that it has chosen to end the mining season early at its Bauxite Hills Mine due to a “significant weather system” currently forming offshore that may endanger safety at the mine and shipping operations. Metro Mining identified a low-pressure system in the Gulf of Carpentaria that is expected […]
ASI Certifies Guangyuan Linfeng Aluminum Smelting Facilities In Sichuan, China
The Aluminium Stewardship Initiative (ASI) announced last week the certification of Guangyuan Linfeng Aluminum & Electricity Co., LTD, under the ASI Performance Standard V2 (2017) Certification for its aluminium facilities at the Yuanjiaba Industrial Park, Guangyuan Economic and Technological Development Zone, Sichuan, China. Guangyuan Linfeng’s operations at Yuanjiaba are powered primarily via hydropower. The aluminium […]
Emirates Global Aluminium Opens Sustainable Accounts With Citi And Standard Chartered
Emirates Global Aluminium PJSC (EGA) became among the first companies in the Gulf region to open sustainable corporate bank accounts with Citi and Standard Chartered bank this week. The sustainable corporate bank accounts EGA opened will ensure that the cash balances are used to invest in sustainability projects in other areas. The funds in the […]
Brazil To Enact Import Duties On Aluminium Sheet Imports From China
The Brazilian government has become the next jurisdiction to impose trade sanctions on imports of aluminium from sellers in the People’s Republic of China. According to an announcement from China’s Ministry of Commerce late last week, the Brazilian government will begin to impose countervailing duties at the end of March on aluminium sheet products exported […]
Canyon Resources Receives A$12.1 MM Buy-In For Minim-Martap Bauxite Project From Singaporean Investor
Perth-based mineral miner Canyon Resources Limited announced last week that it has secured a premium A$12.1 million strategic share placement that will aid it in going forward with development of its Minim-Martap bauxite project. Per the firm, the strategic placement will consist of A$12.1 million in shares at A$0.06 per share. The share price represents […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
