WSJ Article Alleges Aluminium Stockpile is Liu’s Retirement Fund
According to an article in yesterday’s Wall Street Journal, a well-traveled aluminium stockpile allegedly connected to China Zhongwang that has...
An oil-depressed city in the far northeast of the People’s Republic of China is the site of unrest in recent days as locals have organized in opposition to a massive new aluminium plant to be built by China Zhongwang Holdings. Fearing that...
According to an article in yesterday’s Wall Street Journal, a well-traveled aluminium stockpile allegedly connected to China Zhongwang that has...
The International Trade Administration of the United States Department of Commerce announced last week that it believes Chinese aluminium smelter...
An article in the Wall Street Journal late last month brought to the wider public the issue of aluminium “transshipment,”...
United Steelworkers president Leo W. Gerard sent an open letter to U.S. Secretary of the Treasury Jack Lew on Thursday urging the Committee on Foreign Investment in the United States (CFIUS) to recommend against the purchase of Aleris Corporation by China Zhongwang. Though rumors regarding the firm’s alleged involvement in the fake aluminium semis have […]
The Wall Street Journal reported on Thursday that the United States Department of Commerce is investigating whether a New Jersey aluminium products company is harboring fake aluminium semis in a factory near Philadelphia for Liu Zhongtian and China Zhongwang. The investigation in question is a small cog in a wider investigation being conducted by the […]
Extruded aluminum giant China Zhongwang Holdings Ltd said last week that it expected the first production line at its Tianjin plant to come online by the end of the year. The firm anticipates that the new production line will help it tap into the ever-expanding automotive aluminium market. According to reports, the project will cost […]
The Chinese aluminium magnate Liu Zhongtian has been busy over the past several months. His latest move, namely his firm’s purchase of US firm Aleris, came as a shock to many in the market for a variety of reasons. Zhongwang USA LLC, an investment company owned by China Zhongwang’s parent company Zhongwang International Group Ltd, […]
Mexican exports to Vietnam continued at a blistering pace in June, lending further credence to the notion that a stockpile of fake semis is being transferred out of a warehouse in Guanajuato. According to data from the Mexican Secretariat of Economy, the country exported 162,851 metric tons of aluminium to Vietnam in June, good for […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...