October 17, 2024

Column: Shanghai frenzy fuels alumina’s record-breaking rally

Nearly 25 million tons were transacted on the ShFE alumina contract on Wednesday, a record daily high and equivalent to almost a fifth of global annual production.

October 16, 2024

Alcoa, Ignis close to signing joint funding deal for Spain aluminum plant

Under the proposed deal, Alcoa would contribute 75 million euros and Ignis would make an initial investment of 25 million euros.

October 16, 2024

China to extend record aluminum output amid ample power

National output is expected to rise 3% in the fourth quarter from a year ago to 11 million tons.

October 14, 2024

Aluminum squeeze unravels on LME, easing pressure on sellers

For months, the October aluminum contract has been a focal point for traders due to its steep premium to later-dated futures.

October 11, 2024

Aluminum prices surge amid Guinea bauxite export suspension

Emirates Global Aluminium announced a suspension of bauxite exports from its Guinea Alumina Corporation subsidiary.

October 11, 2024

CME blocked Istim warehouse after objections from metal traders

Market participants raised concerns about a controversial fee increase announced earlier this year by the warehousing company.

October 10, 2024

Russian LME aluminum stocks account for 66% of total in September

The share of aluminum of Indian origin rose to 32% from 31%, LME data also showed.

October 9, 2024

Rusal to consider share buyback of up to $155 million

The number and repurchase price of the shares have not been determined yet.

October 8, 2024

UK fraud watchdog settles case brought by ENRC for ‘leaks’ during investigation

The Kazakh mining group accused Britain's Serious Fraud Office of leaking information about a corruption probe to journalists.

October 7, 2024

Column: Energy transition story rekindles fund interest in metals

A potential return of heavyweight investment flows to the sector could be as powerful a price driver as physical supply shortages.