China Non-Ferrous Metal Industry

Aluminium Price Spike At Shanghai Exchange Prompts CNIA Meeting

Aluminium Price Spike At Shanghai Exchange Prompts CNIA Meeting

Citing an “irrational surge” in aluminium prices, the China Nonferrous Metals Industry Association (CNIA) met earlier this week to discuss prices reaching highs not seen in over a dozen years. At the Shanghai Futures Exchange, primary aluminium reached US$$3,332 per metric ton,...

Events

Aluminij Mostar Management Lays Off Entire Labor Force

Only days after they announced their pending resignation, Aluminij d.d. Mostar’s management said the entirety of the plant’s remaining workforce will be laid off. On Tuesday domestic media reported upon the move, which will soon leave 362 workers jobless. Management went on to say that employees would have varied notice periods so that the plant […]

Aluminij Mostar’s Management Resigns As Funding Deal Falls Through

Citing the insufficiency of an offer tendered by the lone investor with an interest in funding a restart of the plant, the entirety of Aluminij d.d. Mostar’s management resigned on Tuesday, leaving the fate of Bosnia’s only aluminium smelter in question. On Monday, Aluminij Mostar’s management released a statement saying the offer from Israeli M.T […]