Aluminum Mining News

Alcoa to close two Spanish aluminium plants with job losses

The Aviles and La Coruna plants were two of the least productive due to intrinsic structural problems such as inefficient technology and high fixed costs.

Indonesia considering "safeguard" tariff on aluminium foil – WTO filing

Indonesia said industry association APRALEX had applied for safeguard measures, which can be used to protect a country's producers.

LME Week metals puzzle is how to trade a trade war

Donald Trump didn't make it to LME Week, the annual jamboree of the global metals trading community. But the US president was the hot topic.

Canada pessimistic about quick end to US metals tariffs

The US imposed the tariffs on Canada and Mexico in June. Although Canada and Mexico agreed a renewed continental trade deal last week, the measures remain.

Rio Tinto to restart sale of Icelandic aluminium plant

Rio Tinto is close to restarting a sale process for some of its aluminium assets, including a plant in Iceland.

Norsk Hydro to resume Brazil's Alunorte output at half capacity

Norsk Hydro has won permits from Brazilian authorities to restart half the capacity of its Alunorte, the world's largest alumina refinery.

China aluminium exports to surge on trade war – CRU

Chinese aluminium exports are expected to surge in coming months and next year after Beijing boosted tax rebates as part of a package to soften the impact of a trade war with the United States.

LME launches new contracts with steel, alumina best placed to succeed

The new products range from hot rolled coil (HRC) steel to alumina, the raw material for aluminium, as well as cobalt, which is key for EV batteries.

Battle lines drawn for London Metal Exchange

Away from the seminars and cocktail parties, metal producers, traders and users will meet behind closed doors to hammer out details of next year's contracts.

Global trader Concord takes minority stake in Noranda alumina parent

The stake comes as New Day Aluminium Holdings LLC completes a $110 million refinancing and as it readies two major expansion projects in Louisiana.

Canada, buoyed by trade deal, to push U.S. on metal tariffs

The agreement protects Canada's automotive industry from potentially devastating U.S. tariffs.

Japan Q4 aluminium premiums set 22 percent lower than Q3

Premiums for Japanese aluminium shipments for the October to December quarter were set at $103 per tonne.

Union says reached wage deal with Alcoa Australia, will end strike

The strike added to recent supply pressure on bauxite and alumina, key raw materials for aluminium production.

China adopts more flexible output curbs to battle winter smog

Northern China’s key industrial hub will adopt a more flexible program for its anti-pollution output curbs this winter.

Ford CEO says Trump metals tariffs took $1B of profit

Ford CEO Jim Hackett encouraged President Donald Trump’s administration to resolve trade disputes quickly or it could do “more damage” to his company.

U.S. sets Nov. 12 deadline for investors to divest holdings of Rusal, EN+

The U.S. Treasury in April imposed sanctions against billionaire Oleg Deripaska and eight companies in which he is a large shareholder, including aluminum exporter Rusal, in response to what it termed "malign activities" by Russia.

Shanghai sets challenge to New York, London in copper options debut

Almost 18,000 lots traded in debut day, equal to 90,000 tonnes of metal.

Norsk Hydro not buying Rio Tinto’s aluminum plant in Iceland

The Norwegian firm, one of the world’s top producers of aluminum and alumina, said the deal faced opposition from European regulators.

Base metals drop as trade war angst spurs concern about demand

The U.S.-led trade war fans concern that the showdown will derail otherwise-strong economic growth in the world’s two largest economies.

Relief for Rusal, but aluminium's political risks remain

The United States has thrown Russian aluminium company Rusal a lifeline by loosening sanctions imposed on the company in April.

Bosnia's Aluminij calls for government help to ensure survival

Aluminij Mostar, Bosnia's sole aluminium smelter, is at risk from high alumina and electricity prices and only urgent government intervention can help it stay on line.

Aluminium pricing tensions mount as alumina surges again

What has historically been a highly efficient part of the aluminium production chain is experiencing an unprecedented degree of turmoil this year.

Russia's Rushydro says sanctions cloud prospects for joining Rusal's smelter

In April, Rushydro's board approved the move to join the project with total investments seen at around $1 billion.

Australia’s mining sector pushing for revamped Trans-Pacific Partnership: Interview

MINING.com interviewed the Minerals Council of Australia CEO.

Chinese aluminum gushes onto world markets on Rusal supply fears

Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.