Aluminum shortages to deter blanket sanctions on Rusal

A couple of long-running outages together with curtailments in Europe caused aluminium production outside China to dip 1.4%.

The metals trading startup benefited from the turmoil in aluminum and alumina markets following sanctions on Russian producer United Co. Rusal.

A problem has emerged in relation to the LME's "load-in and load-out" rules, which specify the tonnage that has to be shipped out when a queue to deliver metal is longer than 50 days.

Attempts to replace copper in a lithium-ion battery's anode with aluminum have failed so far, which bodes well for major copper miners.

Investors are benefiting from a panicked realization across the aluminum industry that the supply chain is fragile.

The company couldn’t detail how much output had been impacted, but said the so-called potlines, which process molten aluminum and need to be kept running 24 hours a day, had switched to manual mode.

Glencore has lodged a complaint with the LME for an ongoing dispute with the warehouse operator at Port Klang, Malaysia.

Miners wishing to resume operations or start new ones must conduct a study on the environmental impact of their activities before receiving licences.

For years, such enterprises have survived on bank loans and local government backing, robbing more deserving companies of financial resources that could have otherwise contributed to local growth.