Chinese Aluminium Smelters Announce Additional 800 Thousand TPA In Production Cuts
Recognizing the damage excess capacity continues to wreak upon the country’s aluminium market, the People’s Republic of China’s top smelters...
Xinfa Group
Metro Mining Inks Three Years Of Bauxite Offtake Agreements With Xinfa Group
Australia’s Metro Mining Ltd. announced this week that it has signed two new binding offtake agreements with the People’s Republic of China’s Xinfa Group. Per the firm, the first contract is for the delivery of 1 million dry metric tons (DMT) of...
Xinfa Escapes Seasonal Aluminium Production Cuts To Capacity In Shandong
A top aluminium smelter in the People’s Republic of China has escaped winter metal production cuts for 2018-2019, and will...
Metro Mining Celebrates Shipment Of 1 Millionth Metric Ton Of Bauxite Since April
Australia’s Metro Mining Ltd. announced late last week the successful shipment of its one millionth metric ton of bauxite since...
Events
Metro Mining’s First Shipment of Bauxite Sails for China
The first batch of bauxite harvested from Metro Mining Ltd’s operations at Bauxite Hill Mine set sail for the People’s Republic of China earlier this week per an announcement by the firm. The initial shipment, which consists of around 62 thousand metric tons of bauxite ore, is the first in a four-year agreement Metro has […]
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. […]
Chinese Smelters Again Under the Gun as Beijing Launches Second Round of Environmental Inspections
A second round of environmental inspections put China’s aluminium capacity in the state’s crosshairs yet again, resurrecting fears that punitive capacity shutdowns may be in the offing. Xinhua reported earlier this week that the Ministry of Environmental Protection of China initiated a new round of inspections in October, sending out ten teams of inspectors to […]
Metro Mining Inks Bauxite Contract with Xinfa Group
Brisbane’s Metro Mining Ltd announced yesterday that it has papered an agreement with the People’s Republic of China’s Xinfa Group. According to Metro, the agreement is for four years and obliges the firm to provide one million metric tons in the contract’s first year, then two million metric tons per annum for the remaining three […]
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 ...
