July 15, 2021

Home: Global metals trading impetus shifting from east to west

The world of metals trading is becoming increasingly multi-polar, reflecting the rise of China's futures markets over the last decade.

July 14, 2021

GRAPHIC: Metals recycling to be a key plank for cutting emissions

Analysts at Wood Mackenzie estimate an additional 360 million tonnes of aluminum, 90 million tonnes of copper and 30 million tonnes of nickel will be needed over the next 20…

July 14, 2021

Concord Resources buys alumina plant in bet on US revival

The deal will give Concord access to an additional 600,000 tonnes of alumina per year on top of the 1.4 million tonnes it already handles, which would make it one…

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.