China

Yunnan Regulators Order Further Aluminium Output Cuts As Winter Approaches

Yunnan Regulators Order Further Aluminium Output Cuts As Winter Approaches

Regulators in Yunnan province have warned aluminium producers powered by hydropower sources to keep average monthly outputs at August levels for the remainder of the year. A document from the Yunnan Development and Reform Commission obtained by Reuters ordered the cuts, which...

Events

Chinese Government To Auction 70 Thousand Metric Tons Of Primary Aluminium This Week

The Chinese government is planning to auction more aluminium from its national reserves next month in an effort at bringing prices for the metal back down to Earth. Per domestic media, the National Food and Strategic Reserves Administration (NFSRA) is planning to auction 70 thousand metric tons of primary aluminium along with 50 thousand metric […]

China To Release Up To 900 MMT Of Primary Aluminium In Coming Months: CRU

An expert on the metals market in the People’s Republic of China advised its clients that the Middle Kingdom is preparing to release hundreds of thousands of metric tons of raw aluminium in an effort at depressing the market for the metal. According to CRU, China’s National Food and Strategic Reserves Administration could release between […]

Metro Mining Inks Three Years Of Bauxite Offtake Agreements With Xinfa Group

Australia’s Metro Mining Ltd. announced this week that it has signed two new binding offtake agreements with the People’s Republic of China’s Xinfa Group. Per the firm, the first contract is for the delivery of 1 million dry metric tons (DMT) of bauxite ore at a fixed price CIF basis. The contract’s term is April […]