Carson Block Clears The Air With Revelation of Muddy Waters’ Authorship of Critical 2015 Anonymous Report on China Zhongwang
The identity of an anonymous short seller whose report led to turmoil for China Zhongwang Group as well as drawing...
Perfectus Aluminum
Zhongwang’s Liu Zhongtian Indicted By United States Government For Allegedly Evading US$2 Billion In Aluminium Tariffs
Aluminium behemoth China Zhongwang Holdings Ltd founder Liu Zhongtian has been indicted by the United States government on charges that he conspired to evade almost US$2 billion in import tariffs. According to the 53-page indictment, which was presented to a federal grand...
Perfectus Aluminum Takes AEC to Task for “False Narrative” in Unpaid Duties Story
Perfectus Aluminum Inc. issued a scathing rebuttal to a story published by the Aluminum Extruders Council (AEC) late last week...
Zhongwang USA and Aleris Extend Merger Deadline Despite DOJ Action Against Alleged Zhongwang Affiliate Perfectus Aluminum
Zhongwang USA and Aleris Corp agreed on Friday to extend the deadline to cement the sale of the latter to...
Events
US Government Seizes Aluminium Stockpile with Alleged Ties to Liu Zhongtian
According to a report in Saturday’s Wall Street Journal, officers from the United States Department of Homeland Security have seized a stockpile of aluminium valued at US$25 million that is alleged to have ties to China Zhongwang’s Liu Zhongtian. This move by the United States government is the latest step in the journey to an […]
Aluminum Shapes Under Investigation by US for Connections with Alleged Fake Semis from Zhongwang
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 […]
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 ...
