Aluminum Top Stories

Some Japan buyers agree to pay Q1 aluminum premium of $90/t, down 7% Q/Q

Some Japanese aluminium buyers have agreed to pay global producers a premium of $90 per metric ton over the benchmark price for shipments from January to March, down 7% from the current quarter.

Reuters | December 28, 2023 | 8:33 am

The biggest global mining news of 2023

A tumultuous year for the global mining industry: collapse of…

Frik Els | December 27, 2023 | 10:01 am

Guinea Alumina Corp will let Guinea use its fuel berth after blast

Despite the December 18 accident, the Guinea Alumina Corporation doesn't…

Reuters | December 27, 2023 | 9:12 am

Sumitomo names Ueno as next CEO, promising reform

Shingo Ueno, 64, has played a pivotal role in leading…

Reuters | December 22, 2023 | 9:15 am

Kloeckner to divest business in four European countries

German metal trader Kloeckner plans to sell off parts of its European…

Reuters | December 22, 2023 | 8:18 am

Vedanta profit plummets 41% on soft metal prices

Prices of zinc, aluminum have fallen from their peaks by over 15% in 2022 from a year earlier.

Reuters | January 27, 2023 | 7:55 am

EU metals industry urges aid to rival US green energy package

French President Emmanuel Macron called for an EU package amounting to 2% of its economic output to rival the $370 billion US plan.

Bloomberg News | January 24, 2023 | 8:24 am

Column: Power problems rein in global aluminum output growth

Europe's energy crisis has taken a heavy toll on a notoriously power-hungry sector.

Reuters | January 23, 2023 | 8:38 am

Potanin says sanctions constrain Nornickel, force it to adjust strategy

Potanin was placed on a US sanctions list as part of wider measures targeting people close to Vladimir Putin.

Reuters | January 23, 2023 | 8:12 am

South32 sees shipping delays tying up cash in inventory

In its quarterly report, South32 met coal, aluminum, and copper forecasts and slightly exceeded analyst estimates for manganese ore production.

Reuters | January 23, 2023 | 7:44 am

Nornickel management proposes 76% dividend cut

Nornickel has proposed slashing its annual dividend for 2022 to $1.5 billion from the $6.3 billion paid out for 2021.

Reuters | January 21, 2023 | 12:13 pm

Global aluminum output rises 6.1% y/y in December

Estimated Chinese production was 3.47 million tonnes in December.

Reuters | January 20, 2023 | 9:01 am

Column: Exchanges diversify as base metals trade shrinks in 2022

Volumes have fallen every month year-on-year since the suspension of nickel trading and the decision to cancel trades.

Reuters | January 19, 2023 | 10:46 am

Alcoa drops as shipments seen stagnating on shaky demand

The largest US aluminum producer expects to ship between 2.5 million and 2.6 million tonnes this year.

Bloomberg News | January 18, 2023 | 3:04 pm

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