May 23, 2024

Nornickel board proposes no dividend for 2023 results

Nornickel failed to pay dividends on its 2022 results but resumed payouts for the first nine months of 2023.

May 23, 2024

Rio Tinto faces pressure to leave London exchange

Activist investor Palliser Capital argues that switching its primary listing to Australia would boost Rio Tinto's shares by about 40%.

May 22, 2024

Glencore, Rusal extend aluminum supply contract into 2025

Glencore is legally bound to continue the contract because Rusal has not been directly targeted by Western sanctions.

May 20, 2024

Rio Tinto declares force majeure on Queensland alumina exports

Its alumina plants have been unable to run properly due to a regional shortage of gas.

May 17, 2024

Aluminum group steps up call on EU to bar imports of the Russian metal

Rusal said the main victims of such measure would be the European consumers.

May 16, 2024

LME warehouse queue returns after jump in aluminum orders

The cancellations come after more than 600,000 tons of aluminum was delivered into Port Klang in the past week.

May 16, 2024

Rusal says board recommends not paying 2023 dividend

Rusal's Moscow-listed shares fell on the news.

May 15, 2024

Trafigura says aluminum rally is ‘over done’ as supply returns

Prices should revert to an earlier trading range of $2,100 to $2,400 per ton over the next six months, says metals analyst Henry Van.

May 10, 2024

Trafigura delivers large amounts of aluminum to LME for lucrative rent deals

Total aluminum stocks in LME warehouses climbed 88% this week, to the highest level since January 2022.

May 9, 2024

Mexico eliminates aluminum import tariffs to combat shortage

The majority of Mexico’s raw aluminum imports come from Asian countries, with 42% of the total coming from China in February.