Rusal swings to annual loss on rising costs, lower aluminum output
Since 2022, Rusal has been seeking to diversify more of its sales towards Asian markets to offset declining demand in the West.
Latest Stories
BHP names Brandon Craig as new CEO
Craig will succeed the current CEO Mike Henry on July 1.
UK plans to double steel tariffs, Politico reports
The move, if announced, would bring Britain broadly into line with the European Union and the United States.
US planning first new coal power plant since 2013 in Alaska
Terra Energy Center is pouring $1 billion into deal for a planned coal project.
American Rare Earths’ Cowboy State mine to provide feedstock for DoE research
The company holds the Halleck Creek project in Wyoming, which was ranked in 2023 as one of the world’s top 10 rare earth projects.
Rosatom redirects hafnium supplies from Europe to Asia
Previously, Western markets were the main destination for Russian hafnium exports, with Europe accounting for 95% of shipments.
Alcoa draws new aluminum orders as Gulf states curb production
The largest US aluminum producer says it’s fielding interest from buyers seeking alternative supply.
Benz drills bonanza gold at Australia’s Mt Egerton
Benz sees Mt Egerton as a potential high-grade satellite to its early-stage Glenburgh project.
Antimony Resources hits all-time high as it prepares for initial resource
The Canadian junior said it is in the process of completing a 10,000-metre resource definition drill program.