China Ships Record 5.8 Million Metric Tons Of Aluminium In 2018
Aluminium exports from the People’s Republic of China set a new record last year, besting 2017’s total by 20.9 percent...
CRU Group
New LME Alumina Contract To Utilize CRU Alumina Price Index
London commodities consultant CRU Group said yesterday that the London Metal Exchange will soon be using the firm’s CRU Alumina Price Index (CRU-API) in the settlement of the LME’s new cash-settled Alumina futures contract. The new futures contract is set to commence...
Hongqiao Ordered To Cut 550 Thousand Metric Tons Of Capacity Through Mid-March
The most prolific aluminium producer on Earth will be compelled to cut over half a million metric tons per annum...
China’s Alumina Exports In October Shatter Previous Records
Alumina issuing from refiners in the People’s Republic of China reached four-year highs in October thanks to a global market...
Events
Chinese Smelter Ramp-Ups Increase Aluminium Production By 1.6 Percent In June
Aluminium smelter ramp-ups pushed production numbers higher last month according to data provided by the People’s Republic of China, raising overall output by 1.6 percent in the month to 2.83 million metric tons. According to numbers released yesterday by China’s National Bureau of Statistics (NBS), the Middle Kingdom smelted on average 94 thousand metric tons […]
Chinalco Inks Partnership With Yunnan Aluminium for Access to 1.6 MTPA Smelting Capacity
A partnership announced yesterday by Yunnan Aluminium between Aluminum Corp of China (Chinalco) and Yunnan Metallurgical Group will see the emergence of a new Chinalco with greater access to the significant hydropower resources of Yunnan province. Per an agreement signed in Kunming on Sunday, Yunnan Metallurgical Group, owner of Yunnan Aluminum Co Ltd., is to […]
Aluminium Wrap – CRU’s World Aluminium Conference 2018
London’s business intelligence powerhouse CRU Group hosted the World Aluminium Conference 2018, the 23rd iteration of the prestigious event. Featuring exhibitors and speakers hailing from all corners of the global aluminium trade, the conference was the site of a wealth of information and insight into a myriad of issues affecting the entirety of the aluminium […]
Shanxi Government Hopes to Entice Aluminium Smelting Capacity with Preferred Access to Bauxite Resources
The government of one of the People’s Republic of China’s northern provinces announced earlier this week that it would be willing to barter choice cuts of its bauxite stores for companies that move aluminium smelting capacity to the area. Aluminum Corp of China (Chinalco), Shandong Xinfa Aluminium Group, and Xinjiang East Hope Ferrous Metals Co., […]
Chinese State Numbers Show Fifth Consecutive Month of Lower Aluminium Output
Numbers published last week by the state show a drop in production by aluminium smelters in the People’s Republic of China last month, marking the fifth straight month the country has produced less of the metal than the month prior. According to the National Bureau of Statistics, the Middle Kingdom produced 2.35 million metric tons […]
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 ...
