Reuters

China’s Aluminium Smelters Continue High Production While Domestic Prices Fall

China’s Aluminium Smelters Continue High Production While Domestic Prices Fall

Data from the People’s Republic of China shows that the country’s output of aluminium is poised to continue at a high level despite the continuing decline in prices of the commodity. According to state-run metals research organization Antaike, the Middle Kingdom’s aluminium...

Events

Rio Tinto To Sever Ties To Russian Businesses Due To Ukraine Invasion

Anglo-Australian mining giant Rio Tinto Group said this week it will sever all ties to businesses from the Russian Federation in light of that country’s invasion of Ukraine last month, joining a wide array of major firms that have announced their exodus from the country. Rio Tinto does not currently have any operations in either […]

Moscow In Talks With Aluminium Firms On New Mineral Extraction Tax

Several sources with knowledge of the situation told Reuters this week that talks between the Russian government and producers of aluminium and other metals and fertilizers have yet to yield a consensus on how best to implement Moscow’s new tax structure on the commodities. Half a dozen separate sources told the wire service said that […]

Bauxite Production Continues In Guinea After Military Coup

A coup that ousted Guinean president Alpha Conde has resulted in a spike in bauxite prices to an 18-month high, as buyers in China and elsewhere are concerned about the stability of bauxite supplies in post-coup Guinea. President Alpha Conde was ousted from his position as Guinea’s chief executive on Sunday by the Guinean military. […]