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.

June 28, 2021

Nornickel sees $500m hit from new export duties – RIA

Russia has introduced temporary new export taxes for steel products, nickel, aluminum and copper.

June 25, 2021

Russia prepares to hit metals firms with $2.3bn in export taxes

Moscow wants to protect its defence and construction industries from further growth in raw materials costs as prices for metals rise at a global level.

June 24, 2021

Russell: China’s first round of copper, zinc, aluminum auctions fails to impress

For now, it’s probably best to view China’s announcement as an opening shot in what may be a longer battle.

June 23, 2021

Abu Dhabi’s Mubadala buys 2.6% of Russia’s En+ Group

En+ Group owns 56.9% in aluminium producer Rusal.