China Hongqiao To Release Carbon-Reduction Goals By Year’s End
The largest private-sector aluminium producer said last week that it plans to publish its targets for cutting carbon emissions along...
Shandong Weiqiao
Guinean Government Seeks Bauxite Miners’ Plans For Domestic Alumina Refineries
The Guinean government last week asked companies operating bauxite mining operations to present plans for refining alumina within its borders by May of this year. The interim government that took power via coup in September has opted to take a harder line...
French Miner AMR Begins Operations at Guinea Bauxite Mine
French mining concern Alliance Miniere Responsable (AMR) began production at its bauxite mine in the African country of Guinea on...
Aluminium Capacity Cuts in China Likely to Surpass Initial Estimates
According to reports by domestic media, aluminium producers in the People’s Republic of China may make cuts to excess capacity...
Events
French Firm Inks Mining Deal with French-Asian Consortium for Guinean Bauxite
Deadly protests earlier this spring in Boké did not slow down a recently-executed deal between the Guinean government and a Franco-Asian firm seeking to harvest bauxite ore in the area. Joint French-Chinese-Singaporean venture Societe Miniere de Boke (SMB) and France’s Alliance Miniere Responsable (AMR) sealed a deal earlier this week allowing the latter to mine […]
Leaked Letters Purport to Show Hongqiao Appealing to Chinese Government for Help with Auditors, Short Seller
The world’s largest aluminium company sought help from Chinese authorities in negotiating with its auditor after allegations from a short seller threatened to destabilize the company. So says two letters from early March that were released by a Chinese website last week. The letters, one of which was an attachment to the other, were sent […]
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 ...
