Aluminum Top Stories

Glencore loses senior aluminum traders to rivals Vitol, Mercuria

The moves are the latest signs that Glencore and Trafigura Group, which have long dominated metals trading, are being challenged by an influx of new competition.

Bloomberg News | January 8, 2025 | 1:26 pm

Trump says tariff policy won’t be pared back

The Washington Post reported that Trump aides were considering tariffs…

Staff Writer | January 6, 2025 | 7:57 am

Chinese firm to build Guinea’s biggest alumina processing plant

The refinery will have the capacity to produce 1.2 million…

Bloomberg News | January 2, 2025 | 12:58 pm

China to cut import tariffs on some recycled copper and aluminum raw materials

The Ministry of Finance announced adjustments to various import tariff…

Reuters | December 29, 2024 | 12:25 pm

Trade spats to curb industrial metals demand: BMO

BMO Capital Markets has lowered its demand estimates for next…

Northern Miner Staff | December 26, 2024 | 6:00 am

Latest Stories

Column: Trump 2.0 won’t reverse Biden’s critical minerals push

Donald Trump has described the Inflation Reduction Act (IRA) as a "green scam" and vowed to repeal it after he returns to the White House in January.

Reuters | November 23, 2024 | 3:06 pm

Mining’s old guard needs strong medicine

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

Frik Els | November 22, 2024 | 3:29 pm

Column: China’s export tax bombshell rocks aluminum market

China's announcement on Friday may have major long-term ramifications for the global aluminum supply chain, writes Andy Home.

Reuters | November 19, 2024 | 9:41 am

China’s bid to rein in exports roils aluminum stocks and prices

China’s cancellation of tax relief on exports has left the aluminum industry scrambling to assess the impact on supply flows.

Bloomberg News | November 18, 2024 | 10:55 am

Aluminum price to average 6% higher in 2024, says Fitch Group’s BMI

Analysts also raised its 2024 aluminum price forecast from $2,400/tonne to $2,450/tonne to reflect these expectations.

Staff Writer | November 17, 2024 | 9:43 am

Aluminum price soars as China cancels tax incentive on exports

The export tax rebate was also removed for copper and lowered for some refined oil, solar, battery and non-metallic mineral products.

Bloomberg News | November 15, 2024 | 7:56 am

China should use more aluminum and recycled copper, industry says

China depends on overseas imports for 60% of its aluminum resources as opposed to 70% of its copper resources.

Reuters | November 12, 2024 | 5:10 pm

Hindalco beats Q2 profit view on higher aluminum prices

The benchmark aluminum and copper prices on the LME rose 20% and 24%, respectively, from the second quarter of last year.

Reuters | November 11, 2024 | 9:18 am

World’s top energy trader Vitol eyes metals as oil demand set to peak

CEO Hardy points to iron ore, copper, and aluminum as potential markets.

Staff Writer | November 8, 2024 | 9:12 am

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