January 9, 2024 Alcoa to cut Kwinana refinery production in phased-out shutdown It will begin curtailment of the Western Australia refinery in the second quarter, and cease all output of alumina by the third.
January 8, 2024 Alcoa set to announce Kwinana refinery closure The plant, one of Alcoa’s first three Western Australia alumina refineries, has been operating below nameplate capacity for the past year.
January 2, 2024 Vedanta faces investor reckoning over $3.2 billion of bonds Bondholders have until Jan. 2 to give an early consent on a plan to push out due dates on $3.2 billion in bond repayments.
December 28, 2023 Biden extends EU steel, aluminum tariff exemption for 2 years The Biden administration wants to continue negotiations on measures to address overcapacity and low-carbon production.
December 28, 2023 Some Japan buyers agree to pay Q1 aluminum premium of $90/t, down 7% Q/Q Some Japanese aluminium buyers have agreed to pay global producers a premium of $90 per metric ton over the benchmark price for shipments from January to March, down 7% from…
December 27, 2023 The biggest global mining news of 2023 A tumultuous year for the global mining industry: collapse of lithium prices, furious M&A activity, gold’s new record and state intervention in mining on a scale not seen in decades.
December 27, 2023 Guinea Alumina Corp will let Guinea use its fuel berth after blast Despite the December 18 accident, the Guinea Alumina Corporation doesn't expect interruptions to its mining, rail and export activities.
December 22, 2023 Sumitomo names Ueno as next CEO, promising reform Shingo Ueno, 64, has played a pivotal role in leading Sumitomo's metals, resources and chemicals businesses.
December 22, 2023 Kloeckner to divest business in four European countries German metal trader Kloeckner plans to sell off parts of its European commodity distribution business to Spain's Hierros Anon.
December 21, 2023 Norsk Hydro takes $571 million hit in weak alumina market Hydro completed the sale of a 30% stake in Alunorte to Glencore Plc earlier this month.
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