Aluminum Mining News

Ghana seeks investors to mine bauxite, fund infrastructure

The government will receive proposals from interested parties until the end of the year on how to expand production.

US agrees to lift steel, aluminum tariffs for Canada, Mexico

The reports come after U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau discussed the tariffs earlier on Friday.

Chinese outages a reminder of aluminium's dirty secret

The metal touted for its environmental benefits, particularly in the manufacture of lighter cars and trucks, has a big problem with storing its toxic by-products.

Financing deals, deficit to buttress physical aluminium prices

Three-month aluminium fell to $1,784 a tonne on Thursday, the lowest since January 2017.

Rio Tinto shipping more aluminium to Europe as US demand slows

The company says demand for its products had not been impacted by the US-China trade dispute.

Trump bans trade in Iranian metals, ratcheting up tensions

The latest order aims to discourage foreign companies and countries that may still be trying to maintain business with Iran.

Rusal's political comeback powered by "green" aluminium

In April, Rusal landed a major equity and supply deal with Braidy Industries, which is building the first greenfield aluminium rolling mill in the United States in 37 years.

Faltering metals get check-up as industry gathers in Hong Kong

Base metals have had a shaky start to 2019, with a cautious Q1 advance giving way to an April drop on uncertainty about the global economy.

Hong Kong exchange to launch dollar-denominated mini contracts for base metals

The new offering comes five years after a similar product fizzled on the Singapore Exchange (SGX).

China's metals imports robust despite macro doubts

Industrial metal markets are taking a breather as they await tangible evidence that China's latest stimulus package is feeding through to a flagging manufacturing sector.

Chalco returns to profit in first quarter on asset disposals

The company's profits rose 46% year-on-year in the first quarter as aluminium prices stabilised and asset disposals swelled its bottom line.

Global aluminium output flatlines as outages offset ramp-ups

A couple of long-running outages together with curtailments in Europe caused aluminium production outside China to dip 1.4%.

Metals trader Concord doubles profit due to aluminum chaos

The metals trading startup benefited from the turmoil in aluminum and alumina markets following sanctions on Russian producer United Co. Rusal.

LME ready to address flaws in its metal storage rules

A problem has emerged in relation to the LME's "load-in and load-out" rules, which specify the tonnage that has to be shipped out when a queue to deliver metal is longer than 50 days.

From turbines to thermostats: copper miners eye high-tech demand

Attempts to replace copper in a lithium-ion battery's anode with aluminum have failed so far, which bodes well for major copper miners.

Elysis to create research centre in Saguenay

The new facility should be fully functional in the second half of 2019. It also has the financial backing of the governments of Quebec and Canada.

Seven killed in China plant explosion; second deadly blast this month

Sunday's blast involved a container of scrap metal that exploded in the outdoor yard of a metal-molding plant.

Jamaica's mining revival turns red earth to gold for hedge funds

Investors are benefiting from a panicked realization across the aluminum industry that the supply chain is fragile.

Norsk Hydro, Brazil prosecutor agree steps that could lead to Alunorte's full restart

The refinery, the world's biggest, has been operating at half capacity since early 2018, when Hydro admitted it had made unlicensed emissions of untreated water.

Cyber attack hits operations at aluminum maker Norsk Hydro

The company couldn’t detail how much output had been impacted, but said the so-called potlines, which process molten aluminum and need to be kept running 24 hours a day, had switched to manual mode.

Norsk Hydro appoints new CEO amid Brazil woes

The company plans to appoint Hilde Merete Aasheim, who has been head of the company's Primary Metal unit since 2008, as its new CEO in May.

China Jan-Feb refined copper output rises 6.3% year-over-year — stats bureau

Output reached 1.34 million tonnes, the National Bureau of Statistics said on Friday.

New controversy engulfs London Metal Exchange's warehouses

Glencore has lodged a complaint with the LME for an ongoing dispute with the warehouse operator at Port Klang, Malaysia.

Malaysia puts bauxite mining ban on hold until impact studies completed

Miners wishing to resume operations or start new ones must conduct a study on the environmental impact of their activities before receiving licences.

'Zombie' enterprises hampering China's economic transformation – Chinalco

For years, such enterprises have survived on bank loans and local government backing, robbing more deserving companies of financial resources that could have otherwise contributed to local growth.