bauxite

Russia Boosts Alumina Imports from India Amid Geopolitical Strains

Russia Boosts Alumina Imports from India Amid Geopolitical Strains

In a bid to minimize its dependency on China and adapt to the aftermath of the Ukraine crisis, Russia has amplified its alumina imports from India. This strategic move not only provides Russia’s Siberian plants with the required feedstock but also curtails...

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Events

Aluminium Demand Slumps in Europe, Industrial Contracts Delayed

Aluminium Demand Slumps in Europe, Industrial Contracts Delayed

Industrial aluminium demand in Europe declines. For 2024, new contracts with smelters see delays as concerns of overbuying loom with the recent dip in demand for finished metal products. In Europe’s “mating season,” companies aim to seal supply agreements for aluminium, vital in construction, transport, and packaging. “Supply chain destocking is happening. The fear of […]

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LME Announces New Closing Price Methodology for Metal Contracts, Including Aluminium

LME Announces New Closing Price Methodology for Metal Contracts, Including Aluminium

The London Metal Exchange (LME) revealed on Thursday its plan to adapt its closing price methodology for some of its most traded contracts. Beginning January 2024, this evolved strategy will be phased into its systems after extensive market-wide consultation. This revision is part of the broader efforts launched in March by LME to reinforce its […]

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Adelaide Brighton Cement Limited Finalizes Bauxite Supply Contract with ABx Group

Adelaide Brighton Cement Limited Finalizes Bauxite Supply Contract with ABx Group

In a recent announcement, ABx Group has confirmed a five-year bauxite supply agreement with Adelaide Brighton Cement Limited (ABCL). ABCL, a branch of Adbri Limited, will receive cement-grade bauxite from ABx’s DL130 Bauxite Project, located in northern Tasmania. Per the agreement, ABx will be responsible for the delivery of an estimated 90,000-120,000 metric tons of […]

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US, EU Aim to Implement New Steel Tariffs, Targeting China and Others

US, EU Aim to Implement New Steel Tariffs, Targeting China and Others

The United States and the European Union are reportedly in discussions about introducing new tariffs on steel imports, focused largely on China’s excess steel production. Bloomberg News reported this week that these tariffs would be primarily aimed at imports from China, which allegedly benefit from non-market practices. However, details regarding which other countries might be […]

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IAI Partners with ICSOBA for Technical Advancement in Aluminium Sector

IAI Partners with ICSOBA for Technical Advancement in Aluminium Sector

The International Aluminium Institute (IAI), the prime representative of the worldwide primary aluminium industry, publicized its partnership with the International Committee for Study of Bauxite, Alumina & Aluminium (ICSOBA) to champion technical progression. The collaboration reinforces IAI’s pledge to disseminate top-tier practices and advocate aluminium’s contribution to eco-friendliness. IAI Secretary General, Miles Prosser, commented on […]

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