Aluminum Mining News

Want to make money in industrial metals next year? Ask China how

Base metals were hot this year with zinc, copper and aluminum among leaders, climbing between 15% and 23%. What about 2018? Analysts say China will know.

This is the breakthrough company of Mines & Money 2017

Forget gold, the crazy cobalt price or lithium frenzy; this junior mining company is upending the sapphire (yes sapphire) market.

LME to deal clearing blow to new metals platform NFEx

The London Metal Exchange unlikely to provide clearing services for proposed new trading platform NFEx, a significant obstacle to the new exchange.

Chalco enlists state funds, insurers in $1.9 bln debt-for-equity swap

This move by Chalco is the latest example of the Chinese government's efforts to reduce debt at state-owned companies and make them more efficient.

SMB plans Guinea alumina refinery by 2022

Guinea has about a third of the world's bauxite reserves and expects to produce over 30 million tonnes in 2017. However, it has no facilities to transform those reserves into higher-grade alumina.

South32 to spin off South Africa coal business

Process could lead to a listing of the business on the Johannesburg stock exchange, it said.

Union at Alcoa Canada aluminum smelter backs strike mandate

Collective agreement for 1,030 unionized workers expires 11:59 EST Wednesday, after workers can legally strike and Alcoa will have right to lock them out.

Rio Tinto's M&A madness

Some companies are good at takeovers. Rio Tinto Group isn't one of them.

UN urges miners to better regulations needed to prevent disasters

According to the UN Environment Program's latest report, most of the 40 significant mine waste accidents in the past decade have involved dams or other storage areas that failed.

Argentina seeks new markets for aluminum as the US probes imports

The US' Commerce Department announced in April that it was probing imports of aluminum from China and elsewhere, blaming unfairly traded imports for causing several domestic smelters to close or halt production in recent years.

Rio Tinto throws its weight behind Africa as mining central

Africa largest untapped source of growth for industry and would provide huge opportunity, says Rio Tinto's chief executive of energy and minerals.

BHP to step up copper exploration, expansions to meet electric vehicles sector’s rising demand

World's biggest miner is getting ready to provide enough copper for the 140 million electric cars forecast by 2035.

London Metal Exchange in talks with online platforms

A source said the LME had made contact with established online venues Trayport and EBS, which are currently focused largely on energy and foreign exchange.

Small mining companies shun London market after IPO flops

Lacklustre performances by small mining companies on the London Stock Exchange are driving rivals in need of cash to find alternative ways to raise capital.

China's refined copper output highest since Dec 2014

Refined copper production was 774,000 tonnes last month, up 3.3 percent from 749,000 tonnes in August, according to the NBS data.

Glencore gains approval to buy into Rusal's Ukrainian alumina plant

As a result of the permits, Glencore can acquire shares in companies Aluminium of Ukraine and Guardon Ukraine.

Mitsui to build desalination plant for BHP’s Spence copper mine in Chile

The project will be the Japanese company’s first desalination plant and it is estimated to require an investment of around $623 million (70 billion Yen).

BHP says 2017 a ‘tipping point’ for electric cars

Arnoud Balhuizen, head of marketing at BHP, said the impact of the looming electric vehicle boom for raw materials producers would be felt first in the metals markets and only later in oil.

Aluminium producer Norsk Hydro warns of Brazil bauxite shortfall

The Mineracao Rio do Norte (MRN) bauxite mine is experiencing problems with its tailing systems due to a water shortage caused by dry weather.

Electric London cabs spur reopening of UK aluminium plant

Norsk Hydro is reopening a British plant in Wales to supply material for the country's first electric vehicle factory.

China's Yunnan province starts safety checks on metals plants

Those that do not pass the tests will have to make necessary improvements by the end of December or face closure.

China's Chalco plans $500m investment in Guinea bauxite project

The deal comes after a trip by the Guinean mines minister, Abdoulaye Magassouba, to China and follows other major Chinese investments in the resource-rich West African nation.

Tech guru unveils new battery to challenge lithium-ion

The rise of electric vehicles and the quest to find solutions to energy storage for the renewables industry have created a breeding ground for tech experts to develop battery technologies.

China aluminium soars due to capacity closures

The news around China’s pollution crackdown spiked investors concerns

Utah asks the EPA to pay $1.9 billion for mine-waste spill

The western U.S. state is asking the EPA to pay for the cost of cleanup and long-term maintenance of the San Juan River and Lake Powell