Despite mining contributing about 6 per cent of the country's GDP, a study revealed that almost six out of 10 of young Australians know nothing at all about mining careers.
Aluminium Mining News
European leaders sought unity on Wednesday toward threatened U.S. import tariffs on steel and aluminium, balancing the views of those most fearful of a trade war and those determined not to be bullied into concessions.
Alcoa and Rio Tinto announced the launching of Elysis, a joint venture company whose goal is to push towards commercial production a newly discovered, carbon-free aluminum smelting process.
The alleged dumping margins ranged from 12.1 percent to 231.7 percent, and U.S. imports of the products from China in 2017 were estimated to total $388 million.
The state energy giant will list 49 percent of its shares in the country's aluminium smelter plant Qatalum in a public offering.
NLMK is Russia's top steelmaker.
Brazil on Wednesday contradicted a United States announcement that the two countries had reached a deal on a permanent exemption from steel and aluminum import tariffs, saying the Trump administration had unilaterally cut off talks.
Greg Barker welcomed a decision by the U.S. Treasury on Tuesday to give investors an extra month to divest or transfer their holdings in En+ Group and other sanctions targets.
Prices to remain high due to sanctions, tariffs.
"We cannot live with full confidence with the risk of being hit by those measures"
Since the commodities supercycle unwound nearly 10 years ago, many investors have been waiting for the right conditions to trigger mean reversion and lift prices.
The government agency calculated preliminary subsidy margins ranging from 31.20 to 113.30 percent of the value of the imported common alloy aluminum sheet.
In a step already taken by China, the EU said it did not accept the "national security" justification for the U.S. tariffs.
Physical premiums in the United States are at three-year highs and the price of alumina is going haywire.
A new report issued by BMI research states that global bauxite production growth will accelerate over the coming years.
Almost all of Rio's aluminium production comes from a joint venture with Rusal in Australia.
The past couple of months have featured a broad retracement of the metals complex, away from the recent highs.
International prices, which have shot up more than 10 percent since the sanctions were announced, will have to rise further to lure exports from China.
The LME will suspend Rusal's aluminium from its list on April 17 after some members raised concerns about settling LME contracts with sanctioned companies.
Despite analysts predicting that sanctions against Oleg Deripaska may cause a turmoil in the mining world, Kinross made an effort today to stand clear from such possibility.
The first casualties of Deripaska's inclusion on the U.S. Treasury's sanction list announced on Friday have been the share prices of EN+ and Rusal.
US consumers to lose.
Thin layers of solid oxide protective coating for metals can deform as if they were liquid filling rust-caused cracks.
Deripaska is the main owner of the conglomerate EN+, which in turn is the co-owner of some of the world's biggest metals producers.
Beijing has sought consultations with the United States, the first step in a WTO dispute, over its announced tariffs on $50 billion worth of Chinese imports.