November 25, 2024

Rio Tinto lifts force majeure for Australian alumina exports

Rio had declared force majeure on third-party contracts in May after an incident limited its supplies of natural gas.

November 25, 2024

Rusal to cut aluminum output by 6%

Rusal said disruption to bauxite supplies from Guinea and Brazil and output suspensions in Australia contributed to a surge in alumina prices.

November 23, 2024

Column: Trump 2.0 won’t reverse Biden’s critical minerals push

Donald Trump has described the Inflation Reduction Act (IRA) as a "green scam" and vowed to repeal it after he returns to the White House in January.

November 22, 2024

Mining’s old guard needs strong medicine

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

November 19, 2024

Column: China’s export tax bombshell rocks aluminum market

China's announcement on Friday may have major long-term ramifications for the global aluminum supply chain, writes Andy Home.

November 18, 2024

China’s bid to rein in exports roils aluminum stocks and prices

China’s cancellation of tax relief on exports has left the aluminum industry scrambling to assess the impact on supply flows.

November 17, 2024

Aluminum price to average 6% higher in 2024, says Fitch Group’s BMI

Analysts also raised its 2024 aluminum price forecast from $2,400/tonne to $2,450/tonne to reflect these expectations.

November 15, 2024

Aluminum price soars as China cancels tax incentive on exports

The export tax rebate was also removed for copper and lowered for some refined oil, solar, battery and non-metallic mineral products.

November 12, 2024

China should use more aluminum and recycled copper, industry says

China depends on overseas imports for 60% of its aluminum resources as opposed to 70% of its copper resources.

November 11, 2024

Hindalco beats Q2 profit view on higher aluminum prices

The benchmark aluminum and copper prices on the LME rose 20% and 24%, respectively, from the second quarter of last year.