Market Selection

South32’s Bottom Line Punished By Weak Aluminium Prices In FY 2019

South32’s Bottom Line Punished By Weak Aluminium Prices In FY 2019

A drop in aluminium prices thanks to the heightening trade war between the United States and the People’s Republic of China took a serious toll on Australian metals miner South32 Limited’s results for the fiscal year of 2019, as the firm reported...

Events

Archer Announces High-Purity Alumina Exploration Target In South Australia

Australian mineral exploration firm Archer Exploration Limited announced yesterday its maiden exploration target for its South Australia undertaking, the Eyre Peninsula High Purity Alumina (EPHPA) Project. Archer’s review of historical drill results in the area, which is about 90 miles southeast of Andromeda Metals’ Poochera Project, showed a kaolin exploration target of between 55 million […]

Aluminium Price Rise in East China Stymies Spot Market Trades

A sudden rise in aluminium futures prices led to sellers’ reluctance to offload cargoes, slowing spot trades in East China on Monday. According to reporting by SMM, the Shanghai Futures Exchange saw the front-month September contract rise on Monday, gaining back ground lost on Friday evening. Spot trades fell in a range between CNY14,270 and […]

India’s Automotive Component Manufacturers Going All-In On Aluminium Forging

In a bid to position themselves to take advantage of the ever-tightening emission regulations and the rise of electric vehicles, several of India’s top automotive component manufacturing firms are investing in in-house aluminium forging. Several industry leaders and experts went on record in a report published by domestic media late last week regarding their increasing […]

Landowners In Pahang Seek State Government Help In Restarting Bauxite Mining

Although the moratorium on bauxite mining in Pahang is now a thing of the past, operations have yet to resume due to a delay in issuance of standard operating procedures for the practice. As a result, Pahang landowners have begun to petition the state government seeking their intervention. Datuk Md Sohaimi Mohamed Shah, who is […]