July 13, 2021

Brazilian aluminum producer CBA prices IPO at 11.20 reais per share

The IPO is valued CBA at 6.7 billion reais ($1.3 billion).

July 12, 2021

Russia considers measures to tap mining profits once export tax ends

Country is considering longer-term measures to grab a bigger slice of mining companies’ profits once a temporary export tax finishes at the end of this year.

July 9, 2021

Gupta agrees refinancing deal with Glencore on aluminum unit

Glencore will provide a loan to acquire most of the outstanding debt of the Dunkirk smelter and the Duffel factory.

July 8, 2021

GRAPHIC: Russia’s aluminum export tax fuels price surge on spot market

Moscow is proposing a 15% export tax on aluminum exports or a minimum of $254 a tonne between August and December.

July 7, 2021

China’s state metals reserves auctioned off in double-quick time

The first round of China’s much-anticipated state metal reserves auctions needed only one of two days allotted for all the copper and aluminum on offer to be sold.

July 7, 2021

China to sell more metals from reserves to ensure stable prices

China is releasing metal from state stockpiles as part of its campaign to restrain prices after factory inflation in May hit its highest level in 13 years.

July 1, 2021

India gives aluminum battery a chance to take on lithium in EVs

Indian Oil Corp., the nation’s largest oil refiner, has teamed up with startup Phinergy Ltd. to develop the Israeli company’s aluminum-air battery.

July 1, 2021

Elysis granted federal funds toward cleaner aluminum smelting

The Elysis technology has the potential to reduce GHG emissions by 7 million tonnes.

June 30, 2021

Glencore paid $5.8bn to governments in 2020

Payments to governments in 2020 were lower due to pandemic disruption.

June 29, 2021

Aluminum premia spike on planned Russian export tax

Russia has proposed introducing an export duty on steel, copper, nickel and aluminium to curb rising inflation.