November 17, 2022 Sumitomo Metal aims to boost battery materials output Company aims to increase its capacity to produce cathode battery materials and to broaden its range of products to meet rising demand from the EV sector.
November 16, 2022 Column: LME stays Russian metal ban with views starkly split Many will self-sanction. But many won't., writes Andy Home.
November 15, 2022 Arconic Corp sells its Russian operations for $230 million US aluminum products maker joins a list of Western companies that have sold their Russian assets to comply with sanctions on Moscow over the Ukraine war.
November 14, 2022 China’s October aluminum output climbs 9.5% on relaxed power curbs The country produced 3.45 million tonnes of primary aluminum last month, an eighth straight monthly rise versus 2021 numbers.
November 14, 2022 No surge of Russian metal into LME warehouses, says exchange The exchange released new data showing there was no major change in the amounts of Russian metal in LME warehouses last month.
November 13, 2022 Indonesia’s Adaro signs MoU with Hyundai for aluminum supply Hyundai would secure the right to purchase aluminium produced by Adaro's subsidiary PT Kalimantan Aluminum Industry at an early stage of production.
November 11, 2022 LME decides against ban on Russian metal The metals industry has spent weeks debating what to do about supplies from Russia, which is a major producer of copper, nickel, aluminum and palladium.
November 11, 2022 Hindalco profit sinks on high costs, plans to raise $124 million Hindalco’s costs surged 24% during the quarter, with power expenses almost doubling.
November 11, 2022 Indian miners seek higher import tax on aluminum, zinc, copper products The government should raise import taxes to 10%-15% on several aluminum products, including scrap to 10% from 2.5%.
November 8, 2022 Chicago is coming for London’s metal trading after LME stumbles As the London Metal Exchange wades through the fallout of this year’s nickel crisis, its American rival is gaining ground.
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