Reuters

China’s Aluminium Exports And Imports Likely Rose At Faster Pace In November: Reuters

China’s Aluminium Exports And Imports Likely Rose At Faster Pace In November: Reuters

A poll of aluminium firms conducted by Reuters earlier this week found that the prevailing opinion is that a stronger demand from buyers in the People’s Republic of China coupled with a disruption due to coronavirus at overseas factories pushed both exports...

Events

Experts See Arbitrage Window Widening In Post-Coronavirus China

Traders in and analysts of the People’s Republic of China’s aluminium trade expressed high hopes for a strong recovery last week, noting a possible arbritrage opportunity may be in the works. According to unnamed individuals who spoke with Reuters this week, market players expect the demand recovery to follow the coronavirus outbreak is likely to […]

Sources Say Glencore And Liberty House Among Trio Of Potential Buyers Of Rio Tinto’s Iceland Aluminium Assets

Sources revealed to Reuters late last week that at least three companies, including Glencore plc, have shown a strong interest in purchasing Anglo-Australian mining giant Rio Tinto Group’s aluminium operations in Iceland, Sweden, and the Netherlands for up to US$350 million. An anonymous source Reuters characterized as being involved in the banking industry reportedly told […]

Rusal Crisis Teases Out Alumina Exports of Up To 500k Tonnes from China

Due to sanctions placed by the United States government upon Rusal and the resulting scarcity of it, alumina refiners in the People’s Republic of China have begun shipments of the material to overseas buyers in loads of up to 500 thousand metric tons. According to sources who spoke to Reuters, Aluminum Corp of China (Chalco) […]

Sanctions Against Rusal Lead to Cessation of Bauxite Shipments from Guyana

The unintended consequences of United States sanctions upon Russian business interests continue, as German shipping group Oldendorff Carriers GmbH & Co. KG. cites U.S. Treasury Department sanctions levied against U.C. Rusal as the reason it has been forced to suspend its business with Guyana. In a statement sent to Reuters, Oldendorff said it plans to […]