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.
Aluminum Mining News
Indonesia said industry association APRALEX had applied for safeguard measures, which can be used to protect a country's producers.
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.
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 is close to restarting a sale process for some of its aluminium assets, including a plant in Iceland.
Norsk Hydro has won permits from Brazilian authorities to restart half the capacity of its Alunorte, the world's largest alumina refinery.
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.
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.
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.
The stake comes as New Day Aluminium Holdings LLC completes a $110 million refinancing and as it readies two major expansion projects in Louisiana.
The agreement protects Canada's automotive industry from potentially devastating U.S. tariffs.
Premiums for Japanese aluminium shipments for the October to December quarter were set at $103 per tonne.
The strike added to recent supply pressure on bauxite and alumina, key raw materials for aluminium production.
Northern China’s key industrial hub will adopt a more flexible program for its anti-pollution output curbs this winter.
Ford CEO Jim Hackett encouraged President Donald Trump’s administration to resolve trade disputes quickly or it could do “more damage” to his company.
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.
Almost 18,000 lots traded in debut day, equal to 90,000 tonnes of metal.
The Norwegian firm, one of the world’s top producers of aluminum and alumina, said the deal faced opposition from European regulators.
The U.S.-led trade war fans concern that the showdown will derail otherwise-strong economic growth in the world’s two largest economies.
The United States has thrown Russian aluminium company Rusal a lifeline by loosening sanctions imposed on the company in April.
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.
What has historically been a highly efficient part of the aluminium production chain is experiencing an unprecedented degree of turmoil this year.
In April, Rushydro's board approved the move to join the project with total investments seen at around $1 billion.
MINING.com interviewed the Minerals Council of Australia CEO.
Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.