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.

October 7, 2024

Aluminum market squeeze intensifies amid LME delays and rising costs

The market has also been eyeing a large long position in October contracts held by Trafigura Group.

October 4, 2024

Rusal plans to double Boguchansky smelter capacity by 2030

Rusal, the world's largest aluminum producer outside China, launched the first production line at Boguchansky in 2019.

October 3, 2024

China files appeal to WTO on Canada’s tariffs on EVs, metal products

Canada began imposing on Tuesday a 100% levy on EVs shipped from China, having also announced in late August a 25% tariff on Chinese steel and aluminum products.

October 3, 2024

Chinese delegates jolt LME week with their newfound optimism

For the last couple of years, the biggest consumer and producer has been a buzzkill for metals bulls.

October 2, 2024

LME monitors tightness in aluminum market after spike in spread

The premium of LME October aluminum over November hit $18 a tonne on Wednesday from a premium of $5.85 about three weeks ago.

October 1, 2024

Canada to hit Chinese steel and aluminum with tariffs on Oct. 22

Country published a list of dozens of Chinese steel and aluminum products on which it will place a 25% tariff, starting in three weeks. 

October 1, 2024

Aluminum squeeze rolls on with key LME spread spiking again

The October monthly contract traded at a $22 premium to November on Tuesday, hitting a new high after the spread jumped by more than $9 the previous day.