Aluminum Top Stories

Concord Resources buys alumina plant in bet on US revival

The deal will give Concord access to an additional 600,000 tonnes of alumina per year on top of the 1.4 million tonnes it already handles, which would make it one of the world’s leading traders of alumina.

Bloomberg News | July 14, 2021 | 3:00 pm

Brazilian aluminum producer CBA prices IPO at 11.20 reais per share

The IPO is valued CBA at 6.7 billion reais ($1.3…

Reuters | July 13, 2021 | 1:41 pm

Russia considers measures to tap mining profits once export tax ends

Country is considering longer-term measures to grab a bigger slice…

Bloomberg News | July 12, 2021 | 7:35 am

Gupta agrees refinancing deal with Glencore on aluminum unit

Glencore will provide a loan to acquire most of the…

Bloomberg News | July 9, 2021 | 9:59 am

GRAPHIC: Russia’s aluminum export tax fuels price surge on spot market

Moscow is proposing a 15% export tax on aluminum exports…

Reuters | July 8, 2021 | 8:04 am

Goldman Sachs subpoenaed in metal prices investigation

The CFTC is looking into claims that the warehouses intentionally increased buyer costs by slowing the movement of supply.

MINING.com Editor | August 14, 2013 | 1:29 am

Lawsuits against Goldman, JPMorgan, Glencore Xstrata pile up

Cases against big banks to expose role played by the London Metal Exchange, say experts.

Cecilia Jamasmie | August 9, 2013 | 1:06 pm

Glencore Xstrata sues Jamaica-owned firm over alumina shipments

Commodities trader claims Jamaica firm won't send the alumina it still owes Glencore due to a new agreement with another firm.

Cecilia Jamasmie | August 8, 2013 | 2:32 pm

Banks, metal warehouses and the ‘dark inventory’ game

FT's John Gapper writes: "This abrupt integration of metals trading and storage echoes how banks piled into subprime mortgages before the 2008 crisis."

Frik Els | July 29, 2013 | 10:52 pm

US Fed to review Wall Street banks metals business

US central bank reconsidering 2003 determination allowing banks to move into mining, processing, transportation and warehousing of metals and minerals.

Frik Els | July 20, 2013 | 8:35 pm