Aluminum Mining News

EU heads discuss bold-or-fold strategy toward Trump tariffs

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.

Supercycle may be setting up for higher commodity demand

Conditions may be in place for increased demand and increased prices for a number of commodities including natural gas, copper, aluminum, and gold.

Votorantim swings to profit on higher metal prices

Votorantim said profit was also boosted by sales growth in its aluminum and cement businesses.

Canada / U.S. big players announce world’s first carbon-free aluminum smelting process

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.

Alcoa ready to resume labor talks for Canada aluminum smelter

The smelter, which produces some 430,000 metric tonnes of aluminum annually, has been operating at reduced capacity by non-union workers since Jan. 11.

In response to CNN investigation, car manufacturer Daimler promises to audit cobalt supply 'to the mine'

Daimler has pledged to investigate its supply chain to ensure child labour is not being used to power its electric vehicles.

What to watch in commodities: aluminum, shale, Ag giants, China

Aluminum remains in focus almost a month after the U.S. introduced sanctions against United Co. Rusal, then eased off.

China's metals trade is facing a year of upheaval: Andy Home

China's trade in industrial metals looks set for significant upheaval this year as the country adapts to fast-evolving supply chains.

Guinea gives preliminary go-ahead for new bauxite project

Guinea is Africa's top bauxite producer and output more than doubled last year to about 50 million tonnes.

Rusal to quit global market if US sanctions stay after new board – source

Two sources told Reuters earlier on Friday that Rusal would soon appoint a fully independent board.

Up to 500,000 tonnes of alumina being exported from China as Rusal crisis bites

The sanctions against Rusal, world's second-biggest aluminium producer, have up-ended the supply chain as companies cut contracts to use Rusal metal.

US sanctions on Rusal shatter aluminium's supply chain: Andy Home

By extending the sanctions deadline to Oct. 23, 2018, the Treasury Department has given Rusal and the aluminium market some much needed breathing space.

After weeks of chaos, US throws aluminum industry lifeline

“The US government is not targeting the hardworking people who depend on Rusal and its subsidiaries,” Treasury Secretary Steven Mnuchin said.

Commodities: the top asset class of 2018 so far

If the commodity sector keeps the pace for the rest of 2018, this will be the best year for the asset class since 2003.

Chalco Q1 profits fall 19.4 pct on lower aluminium prices

Chalco produced approximately 3.61 million tonnes of aluminium last year, according to a filing to the U.S. Securities and Exchange Commission last week.

US extends deadline for Rusal sanctions, aluminum prices dive

Aluminum prices on the London Metal Exchange tumbled more than 8 percent after the U.S. Treasury Department announcement.

Ship firm Oldendorff halting Guyana operation due to Rusal crisis

Rusal's 90 percent owned Bauxite Company of Guyana produced 1.05 million tonnes of bauxite - the raw material used to make aluminium - last year.

Aluminum stash visible from space turned to gold for trader

Castleton Commodities International LLC is sitting on a veritable gold mine as a scramble for aluminum unfolds in the wake of U.S. sanctions.

China, the highly problematic saviour of the global aluminium market? Andy Home

As supply fears grow, the market's attention is turning to China as a potential source of aluminium.

Sanctions fallout upends metals as aluminum, nickel burst higher

Aluminum rallied as much as 7.1 percent, a record intraday gain, to $2,718 a ton in London.

Russia fears light fire under nickel price

Price surges nearly 5% to three-year high over worries that top producer Norilsk could befall the same fate as aluminum giant Rusal.

Russia sanctions throw global aluminum supply chain into chaos

Alumina prices have already rocketed, jumping by more than a quarter in the last week and heading for a record high.

Aluminum is having wildest week ever after Rusal sanctions shock

The U.S.’s decision to blacklist United Co. Rusal, the world’s second-biggest aluminum maker, set off a rush to secure supply.

Glencore to declare force majeure on some aluminium supply

Glencore Chief Executive Ivan Glasenberg resigned from his role as Rusal director on Tuesday

Rio Tinto reviewing Rusal ties, mum on Queensland venture

Rusal owns 20 percent of Rio's Queensland Alumina operation, of which Rio owns the remaining 80 percent.