Market Selection

Falling Aluminium Prices May Make Life Difficult For Jamaican Bauxite Operations: PM Paulwell

Falling Aluminium Prices May Make Life Difficult For Jamaican Bauxite Operations: PM Paulwell

Jamaica’s Opposition Spokesman on Mining Phillip Paulwell expressed concern late last week that weakening aluminium prices may be the early signs of a global recession, which may imperil the continued operations of Jamaica’s bauxite operations. In comments to a local call-in radio...

Events

Beijing Releases Third Set Of Scrap Aluminium Import Quotas For Q3

Beijing announced the third set of import scrap quotas for the quarter earlier this week, setting a limit of 11,290 metric tons of aluminium scrap to be allowed into the country’s ports during the third quarter. Altogether, China Solid Waste and Chemicals Management will limit imports of scrap metal to a shade under 100 thousand […]

Hongqiao Says Operations Are Normal After Typhoon Lekima’s Devestation Of Shandong

World leading aluminium producer China Hongqiao Group said yesterday that its facilities are operating as normal in the wake of Typhoon Lekima, apparently contradicting statements made earlier in the week. “The facilities are not damaged by the typhoon. There was flooding outside the factories but no actual facilities damage,” said Honqgiao in an email sent […]

Nalco Plans Establishment Of Technology Division

India’s state-owned metals firm National Aluminium Company (Nalco) is planning to establish a new technology division in order to better position itself to take advantage of increasing demand from the country’s tech sector. In an interview with a domestic financial media outlet, Nalco’s chairman and managing director Tapan Kumar Chand said his company plans to […]

Nalco And Midhani Link Up To Form Aluminium Alloy Joint Venture

Indian state-owned aluminium producer National Aluminium Company (Nalco) and Indian Defence Ministry’s Mishra Dhatu Nigam (Midhani) announced last week a new joint venture that will manufacture aluminium alloy plate and sheet. Nalco made the announcement last Thursday after the close of the market, saying that the two firms have signed an agreement to incorporate a […]