Rusal Warns Chinese Smelters Against Restarting Closed Capacity in Wake of Price Rise
Russian aluminium giant UC Rusal warned smelters in the People’s Republic of China of the dangers of restarting currently idle...
Chalco
Chalco to Privatize Chinalco Mining Corporation
Days after a similar announcement by China Xingfa, state-owned Aluminium Corporation of China (Chalco) filed plans with the Hong Kong Stock Exchange proposing to privatize its subsidiary Chinalco Mining Corporation International (CMC). Chalco is offering HK$1.39 per share, which is roughly one...
Chalco Turns In Second Straight Profitable Quarter
State-owned Aluminum Corporation of China Ltd (Chalco) reported its second consecutive profitable quarter today, buoyed by a rise in domestic...
Indonesia’s Inalum and Antam to Partner with Chalco on Alumina Plant
PT Indonesia Asahan Alumunium (Inalum) and PT Aneka Tambang (Antam) Tbk have signed a joint venture agreement (JVA) forming a...
Events
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 ...
