Aluminium Mining News

The United States' aluminium tariff wall is crumbling

Aluminium associations the world over are calling for a refocus on China's massive production and export capacity.

South32 to cut 500 jobs at aluminium smelter – union

South32 is the latest mining company to cut jobs after Sibanye-Stillwater last week said that it could cut nearly 6,000 jobs.

Australia's South32 posts 18% jump in half-year profit

A surge in metallurgical coal output and stronger commodity prices helped boost its bottom-line.

Nanosized diamond used to create super strong aluminum alloy

The resulting material is expected to be used in the maritime industry.

Global aluminium market to remain undersupplied over coming years — report

While there are deficits ahead, the global aluminium demand picture will improve.

Arconic to split into two after rebuffing Apollo offer

Arconic has been under pressure from its biggest shareholder Elliott Management Corp to sell itself.

Indonesia plans 22% "safeguard" tariff on aluminium foil – WTO filing

The proposed tariff, would fall to 18% in the second year and 14% in the third year.

Norsk Hydro's Q4 hit by restricted Brazil output, shares hit 2-year low

"A prolonged embargo will have negative impact on earnings, cash flow and sentiment."

China's Chalco shuts Shandong aluminium plant amid rising power costs

Chalco is discussing "transformation, upgrading and development," with other shareholders of Shandong Huayu.

The aluminium puzzle: record deficit but bombed-out price: Andy Home

A new year but the same old problems for aluminium. "When you look at the economics of producing aluminium, these prices cannot be sustainable."

Government shutdown a double-whammy for American nail maker

The government shutdown is adding to the woes of U.S. companies already paying tariffs for their steel and aluminum.

LME to launch seven new contracts on March 11, lithium due in Q4

“We believe that these new cash-settled contracts... will help lower barriers to market entry"

China industry ministry to ban new steel project expansions – Xinhua

Miao Wei, minister of industry and information technology, said the capacity expansion ban would also apply to the cement and flat-glass industries.

Aluminum is the market to watch closely in 2019: Jason Schenker

On the long list of leading indicators that market participants attempt to use to figure out where the economy may be headed, don’t overlook aluminum.

LME confirms it will end suspension on Rusal metal if sanctions lifted

The LME proposed removing its block on Rusal metal on Dec. 19, after the U.S. Treasury's Office of Foreign Assets Control (OFAC) struck a deal with Rusal to sever the Russian oligarch's control over them.

Rusal appoints independent director as new board chairman

Jean-Pierre Thomas was elected by the board as chairman with effect from Jan 1.

Rusal board chairman quits as part of U.S. sanctions waiver deal

Rusal said it expected to choose Warnig's successor on Thursday.

China aluminium firms to cut 800,000t of capacity in coming months – official

Operating pressure on smelters is "reaching the extreme limit" even worse than in the fourth quarter of 2015.

Metals rebirth tied to shrinking supplies, stimulus in China

Five metals fell by 13 percent or more, led by zinc, which lost more than 20 percent.

India holds off raising import tariffs on some US goods until Jan 31

Deferring for the fourth time retaliatory action against higher import tariffs imposed by the U.S. on steel and aluminium, the government said on Monday.

China aluminium smelter shuts 250,000 tonne capacity, eyes Sichuan move

Aluminium smelters in China are struggling to make money at current Shanghai aluminium prices resulting in significant output cutbacks.

China's copper, iron ore imports slump as economic growth slows

Often cited as a market indicator for economic health, the metal has been under pressure since the summer, threatening to unwind a three-year rally.

Trade war relief for metals, but bull-bear battle rages on: Andy Home

The macro picture may have brightened just a little after the weekend meeting of the U.S. and Chinese presidents, but signs the global economy is losing momentum, do not bode well for metals demand.

China's Chalco shuts 470,000 tonnes of aluminium capacity as price slump bites

China's biggest state-run aluminium producer has decided to make around 470,000 tonnes of annual output at units including Shanxi Huasheng and Shandong Huayu subject to "flexible" output arrangements.

Russia sets aside 10B roubles to buy aluminium

Russia makes a move to support sanctioned aluminium producer Rusal.