Aluminum Top Stories

Mixed fortunes for Russian metal at mid-point of aluminum mating season

Russian metal is experiencing mixed fortunes, with some European industrial companies avoiding it for 2024.

Reuters | October 12, 2023 | 8:37 am

Citi’s mega metals trade shows global markets turning to glut

In the last few months, Citi requested delivery of about…

Bloomberg News | October 10, 2023 | 10:24 am

Metal trader misery undercuts supercycle hype as losses pile up

The world’s metal traders are enduring one of their toughest…

Bloomberg News | October 8, 2023 | 11:35 am

Spotlight still on Vedanta $3 billion debt despite spinoff plan

While equity investors gave the demerger plan a thumbs up,…

Bloomberg News | October 4, 2023 | 5:48 pm

Big Oil, heavy industry discuss emission curbs ahead of COP28

The gathering brought together CEOs from more than 50 companies…

Reuters | October 1, 2023 | 8:25 am

European aluminum giant calls for sanctions on Russian metal

Norsk Hydro, which operates the largest primary aluminum plant in Europe, is calling for sanctions to be imposed on Russian metals.

Bloomberg News | October 26, 2022 | 9:20 am

Traders bet on aluminum price surge as LME weighs Russia ban

Aluminum traders are making bold bets in the options market to position for price spikes later this year

Bloomberg News | October 26, 2022 | 7:45 am

Marex to offer clients access to CME base metals contracts

The tie-up comes as CME expands its metals business and the LME faces dissatisfaction from some traders after turmoil in its nickel contract in March.

Reuters | October 25, 2022 | 4:50 pm

Norsk Hydro calls for EU, US sanctions on Russian aluminum

With recession looming, however, some business groups say bans on Russian aluminum would decimate European industry.

Reuters | October 25, 2022 | 9:30 am

Column: China may solve the LME’s Russian copper problem. But at a price

India also boosting its imports of Russian crude and coal, with both Asian giants taking advantage of the discounts on offer.

Reuters | October 25, 2022 | 8:05 am

Embattled London Metal Exchange is headed into yet another fight

The London Metal Exchange has faced a firestorm of criticism this year, and it’s about to get even worse.

Bloomberg News | October 24, 2022 | 12:53 pm

Rusal files London lawsuit against Potanin over Nornickel pact

Rusal filed a lawsuit alleging that Vladimir Potanin, CEO of Nornickel, is in breach of a decade-old deal.

Reuters | October 24, 2022 | 8:05 am

All the metals we mined in 2021: Visualized

The world mined 2.8 billion tonnes of metals in 2021. This infographic visualizes them all on the same scale.

Visual Capitalist - Elements | October 20, 2022 | 10:32 pm

Aluminum rebound buoys Alcoa, muting global slowdown worries

The largest US aluminum producer had third-quarter adjusted loss of $60 million or 33 cents a share, missing the average estimate of 3 cents profit.

Bloomberg News | October 20, 2022 | 9:51 am

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