Aluminum Top Stories

Sky-high energy costs to fan fire under aluminum and zinc prices

Smelter closures in Europe could cut aluminum capacity by 750,000 tonnes and zinc output by 150,000 tonnes this winter.

Reuters | August 12, 2022 | 9:04 am

Column: Scarcity changes the LME warehousing game

Scarcity in the physical supply chain has drained metal away…

Reuters | August 12, 2022 | 8:07 am

Production costs soar at Rusal due to Russia-Ukraine conflict

Company reported a 33% jump in first-half production costs on…

Reuters | August 12, 2022 | 7:48 am

Adani plans $5.2 billion alumina mill in growing metal ambitions

The flagship company of the Adani Group got the approval…

Bloomberg News | August 11, 2022 | 10:43 am

Aluminum price pulls back on concern about Chinese construction demand

China's factory-gate inflation eased to a 17-month low in July,…

Reuters | August 10, 2022 | 8:44 am

Is China nearing peak aluminum after record 2020 output?

World aluminum output rose by 2.5% to a record 65.3 million tonnes last year.

Reuters | January 22, 2021 | 8:30 am

Hedge fund to take Vedanta dispute to US regulators

Kyma Capital is set to complain to US regulators in a dispute with Indian billionaire Anil Agarwal over nearly $1 billion in loans.

Reuters | January 19, 2021 | 9:01 am

China 2020 aluminum output climbs to record high

Country's aluminum production rose 4.9% from the prior year to a record 37.08 million tonnes as smelters cashed in on soaring prices.

Reuters | January 18, 2021 | 8:26 am

Shanghai booms as metals trading mirrors uneven recovery

China has led the industrial recovery from covid-19 with the rest of the world struggling to catch up.

Reuters | January 18, 2021 | 8:16 am

China’s 2020 copper imports hit record high

Imports of unwrought copper and copper products for the year came in at 6.68 million tonnes.

Reuters | January 14, 2021 | 8:39 am

LME’s twilight zone absorbs stocks build

The amount of aluminum sitting in this LME twilight zone grew by 829,000 tonnes between February and November.

Reuters | January 14, 2021 | 8:16 am

Rio Tinto to keep New Zealand aluminum smelter until 2024

Power deal with Meridian Energy delays the likely closure of the facility by at least three years.

Cecilia Jamasmie | January 14, 2021 | 3:58 am

Goldman proclaims the dawn of a new commodity supercycle

Goldman’s view is predicated on how the world will recover from the pandemic with an emphasis on a green industrial revolution.

Reuters | January 6, 2021 | 7:51 am

Pandemic restrictions hit mega-projects in British Columbia

Mega-projects that employed over 12,000 in the Province in 2020 to scale back to less than 1,500.

Nelson Bennett - Business in Vancouver | January 4, 2021 | 12:59 pm

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