China Bauxite Imports Fall By 6 Percent In August Thanks To The Rains In Africa
Adverse weather conditions are to blame for the drop in imported bauxite ore by buyers in the People’s Republic of...
Indonesia
China Imports All-Time High Of 31.1 Thousand Metric Tons Of Unwrought Aluminium Alloy In November
Import data released earlier this week showed marked increases in China’s intake of bauxite, alumina, and unwrought aluminium in recent months, mostly reversing declines in prior periods. According to Shanghai Metals Market, Chinese buyers imported 7.21 million metric tons of HS code...
Indonesia Weighing Expedited Ban On Bauxite Exports
Days after the government announced an unexpected ban on the export of nickel ore, Indonesian officials said earlier this week...
China Imports Of Bauxite Ore Rose By 24.9 Percent In 2019 Through July
As improvements to low-temperature alumina production continue by refiners in the People’s Republic of China, the country’s thirst for overseas...
Events
Indonesia Aluminium Smelter Announces Plan To Invest US$10 Billion In Refining And Smelting Projects
In a bid to reduce reliance upon imported finished metals and as a means to reduce exports of raw materials, Indonesia announced plans to spend billions of dollars to construct aluminium and nickel smelters. According to comments made by PT Indonesia Asahan Aluminium’s (Persero) President Director Budi Gunadi Sadikin, his firm will set aside up […]
Press Metal Inks Deal To Buy 25% Stake In PT Bintan Alumina Indonesia
Southeast Asia’s biggest aluminium smelter Press Metal Aluminium Holdings Bhd came to an agreement to purchase a 25-percent share in PT Bintan Alumina Indonesia last week. According to press reports, the agreement took the form of a Memorandum of Understanding, with details of the deal left to be agreed upon at a later date. Bintan […]
Though Prohibition Remains, Illicit Bauxite Mining Continues In NW Indonesia
A longstanding ban on the practice notwithstanding, illicit bauxite mining reportedly continues in the northwestern reaches of Indonesia. Such was the reportage from domestic sources this weekend. Per Indonesian news agency Antara, illegal bauxite mining is underway in Angkut, Dendang and Bukit Batu in the Bintan District of Indonesia’s Riau Islands Province. Though the culprits […]
Indonesia’s Sole Smelter-Grade Alumina Refinery Hits 2 Million Metric Ton Production Mark
Indonesia’s only smelter-grade alumina (SGA) refinery PT Well Harvest Winning (WHW) churned out over 2 million metric tons of the aluminium precursor since commencing operations in June 2016. So said a corporate representative in an interview with domestic media last week. Well Harvest Winning public relations executive Hen Roliya told The Jakarta Post on Friday […]
Hongqiao Mulling Moving Shuttered Aluminium and Alumina Capacity to Indonesia
The most prolific producer of aluminium on Earth is considering relocating its shuttered capacity to overseas destinations. According to its Chief Executive Officer Zhang Bo, China Hongqiao Group Limited is testing the waters regarding the movement of closed capacity to Indonesia, where the company has existing aluminia-refining facilities. Per CEO Zhang, the move “would be […]
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 ...
