Aluminum Mining News

Trump trade talk helping convince China on aluminum, Alcoa says

The Trump administration’s condemnation of cheap Chinese aluminum is helping resolve overcapacity in China even before any measures are implemented.

European metals technology companies want to lead anti-corruption fight

Following the 2016 launching of the Collective Action Initiative for the Metals Technology Industry, the program announced today that it has added a new member.

Rio Tinto 2017 iron ore exports up 1 percent, maintains 2018 guidance

On Tuesday Global miner Rio Tinto reported a 1 percent rise in iron ore shipments for 2017 to 330.1 million tonnes, meeting its guidance.

The raw materials that fuel the Green Revolution

A full green shift still requires plenty of natural resources- they're just not the traditional fossil fuels we're used to.

Liberty House makes binding offer for Rio Tinto's French aluminium smelter

Liberty House is the industrial arm of British steel tycoon Sanjeev Gupta's GFG Alliance and Rio's aluminium smelter in Dunkirk, France, is the largest in Europe.

Qatar to make copper wires, aluminium bars as it resists embargo

Affiliate of Qatari conglomerate Aamal Co plans to build three factories to produce copper wires, aluminium bars and drums for cables.

Japan aluminium premium raised to $103/T in Q1

The deals, an 8 percent to 10 percent rise from the $94-$95 per tonne premium in the previous quarter, mark the first increase in three quarters.

Why a small Canadian city wants to buy shares in Rio Tinto Alcan

People in Kitimat are worried about SO2 emissions.

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).