Aluminum trader’s huge LME position ignites battle for stockIXM, owned by China’s CMOC Group, has built up an unusually large position in the LME’s aluminum contract for delivery tomorrow.Bloomberg News | May 16, 2023 | 9:47 am
Alcoa signs 8-year alumina supply deal with Emirates Global AluminiumThe agreement, which commences in 2024, will allow EGA to…Reuters | May 15, 2023 | 3:54 pm
Share of Russian aluminum in LME warehouses falls slightlyOverall aluminum stocks are up 27% so far this year.Reuters | May 10, 2023 | 7:56 am
Column: Market turbulence won’t slow aluminum’s green drive The Chinese aluminum juggernaut has run out of momentum and smelters in Europe are powering down, writes Andy Home. Reuters | May 26, 2022 | 8:16 am
Rusal calls strike at Guinea bauxite mine ‘illegal’ The workers at COBAD are demanding better working conditions and a salary increase. Reuters | May 26, 2022 | 8:04 am
Column: Europe’s aluminum output slides as energy crunch bites Europe's primary aluminum smelters are continuing to curtail production in the face of soaring energy costs. Reuters | May 24, 2022 | 8:27 am
Jamaica says Rusal making consistent payments on tax bill Rusal has paid about 45% so far of a $35 million bauxite production levy that it owes Kingston. Reuters | May 23, 2022 | 10:24 am
Europe aims to revive magnesium output by 2025 to cut China reliance Supplies from China fell late last year, igniting prices in Europe and focusing the EU on efforts to secure home-grown supplies. Reuters | May 20, 2022 | 6:33 am
Arconic to sell Russian operations, take $500 million charge The Pittsburgh-based aluminum-sheet manufacturer said the conflict in Ukraine has made its operation in Russia untenable. Bloomberg News | May 19, 2022 | 3:25 pm
Chinese lockdowns dragging aluminum prices down, no respite before H2 — report Fitch notes strong downside risks as strict Chinese lockdowns pose a strong threat to demand for the metal in 2022. Staff Writer | May 19, 2022 | 1:24 pm
China’s metal exports storm higher to fill gap left by war China has already shipped out unusually large volumes of metals from aluminum, copper to zinc in March. Bloomberg News | May 18, 2022 | 8:15 am
Europe’s aluminium deficit triggers further large LME stock draw Aluminium inventories in London Metal Exchange warehouses, already at their lowest in nearly 17 years, are likely to fall further as more metal leaves the LME system and heads for Europe, where supplies are scarce. Reuters | May 16, 2022 | 1:25 pm