Shanxi Government Hopes to Entice Aluminium Smelting Capacity with Preferred Access to Bauxite Resources
The government of one of the People’s Republic of China’s northern provinces announced earlier this week that it would be...
Shandong Xinfa
Metro Mining Commences Mining Operations at Bauxite Hills Mine
Australia’s Metro Mining Ltd announced earlier today that it has commenced bauxite mining at its Bauxite Hills Mine project. According to the company, the mine is producing at a rate of 2 million metric tons per annum at the outset, with the...
China’s Henan Province Ousts Neighboring Shandong Province As Aluminium Leader
Data released yesterday by the People’s Republic of China’s National Bureau of Statistics (NBS) shows that, for the first time...
Chinese Government to Order Xinfa Aluminium to Suspend Almost 400 Thousand MTPA This Winter
Draft documents from the city government of Shandong Xinfa Aluminium Group’s hometown reveal that the firm may be compelled by...
Events
Better Times Ahead For the Aluminium Industry
Even if it was obvious that aluminium prices will rise in the second half of the year, there were no signs that this would occur in August. The month started with aluminium on the backfoot, as prices shortly dipped below US$ 1890/t, before breaching the US$ 2000/t mark for the first time since December 2014. […]
China Shutters 11.2 GW of Captive Coal Power at Aluminium Smelters
Aluminium smelters in the People’s Republic of China will soon be feeling a squeeze in power production thanks to significant supply-side reforms in coal-fired electrical generation that have just been announced by the Chinese government. According to a report released last week, regulators from the NDRC (National Development and Reform Commission) and the NEA (National […]
Cracks Emerge in China’s Push to Reign In Aluminium Production
Though Beijing has made strides in reforming the supply-side of its aluminium sector in recent months, indications lately emerging from local governments in the People’s Republic of China reveal that their resolve may not be as strong – at least according to a recent CRU report. The first inclination to the wider market that something […]
Year’s First Bauxite Shipment Earns Fiji Government US$1.4 MM
Fiji’s first bauxite shipment of 2017 netted the government US$1.4 million dollars, bringing the total earnings from bauxite sales since they began in 2010 to US$25.1 million. Director of Mineral Development Dr. Raijeli Taga made the announcement last week, going on to explain that the inaugural shipment of the year was made on March 3. […]
More Capacity Cuts Could Be On the Horizon for China’s Aluminium Sector
Experts are expecting the other shoe to fall after suspending the construction of two million metric tons per annum in aluminium smelting capacity in China’s far west. The closure of smelters run by Xinjiang East Hope Ferrous Metals Co. Ltd., Xinjiang Qiya Energy Aluminium Electric Co. Ltd., and Xinjiang Jiarun Resources Co. Ltd. on April […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
