Sources Say Chinese Aluminium Firms Meeting To Discuss Domestic Price And Demand Woes
A trio of sources claiming knowledge told Reuters yesterday that representatives from China Hongqiao Group, Aluminum Corp of China Ltd...
Aluminium Corp. of China
Tepid Trading Picks Up On China’s Spot Aluminium Market After Spring Festival Break
Though initially struggling after the just-ended Spring Festival break, trading on the People’s Republic of China’s spot aluminium market is beginning to quicken after a substantial purchase earlier this week. Coming off one of China’s two “golden week” breaks, trading on the...
Anemic Domestic Aluminium Market Forces Chalco To Slash 470,000 MTPA Of Smelting Capacity
With ever-sagging domestic prices for the metal as a backdrop, Chinese state-owned smelter Aluminum Corp of China Ltd (Chalco) announced...
Alufer’s First Shipment Of Guinean Bauxite Ore Arrives In China
Bauxite miner Alufer Mining Limited announced last week the safe arrival of the firm’s inaugural Capesize shipment of bauxite from...
Events
COSCO Shopping For 25 New Ore Carriers To Transport Bauxite From Guinea
According to sources who spoke to the Wall Street Journal late last week, China COSCO Shipping is in the market for over two dozen new ore-shipping vessels intended for transporting bauxite ore from Guinean ports to China for use in feeding Aluminium Corp. of China (Chalco) aluminium smelters. Per the sources, who spoke on condition […]
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 ...
