Leaked Letters Purport to Show Hongqiao Appealing to Chinese Government for Help with Auditors, Short Seller
The world’s largest aluminium company sought help from Chinese authorities in negotiating with its auditor after allegations from a short...
China Nonferrous Metals Industry
Ernst & Young Quits as Hongqiao’s Auditor
The world’s largest aluminium producer hit yet another speed bump on the road to releasing 2016’s financials after its independent auditor resigned late last week. China Hongqiao Group made the announcement on Friday in conformance with the Hong Kong Stock Exchange’s rules. According to...
Summaries from the 31st Metal Bulletin Aluminium Conference
The 31st Metal Bulletin aluminium conference took place at Melia Avenida America Hotel in Madrid, Spain, from September 27th to...
China’s Shanxi Province Axes All New Aluminium Projects for the Year
The People’s Republic of China’s Shanxi province announced on Wednesday that it is suspending approval of all new ferroalloy, aluminum...
Events
By the Numbers, China’s Influence on the Aluminium Market is On the Wane
For the past several months, the People’s Republic of China has frustrated the global aluminium market, leading ex-China producers and analysts alike to charge the Middle Kingdom with economic malfeasance. Even as recently as last week, and despite a market on life support, China Hongqiao announced that it will take the stubbornly unreasonable step of […]
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 ...
