Goldman sees ‘bullish concoction’ for global commoditiesJeff Currie sees parallels with the record run-up in commodities prices from 2007 to 2008.Bloomberg News | January 16, 2023 | 11:59 am
Goldman raises aluminum forecasts on higher Chinese and European demandThe metal will probably average $3,125 a ton this year…Bloomberg News | January 15, 2023 | 10:37 am
Column: Base metals start the new year with depleted inventoryThe LME global warehouse network held 654,345 tonnes of metal…Reuters | January 13, 2023 | 10:23 am
British Columbia First Nation sees partial win in fight against Rio Tinto’s Kenney Dam The dam provides hydro power to Rio's aluminum smelter in Kitimat. Nelson Bennett - Business in Vancouver | January 10, 2022 | 12:31 pm
Israel began buying aluminum from Bahrain, envoy tells Al-Ayam newspaper There are no details on the quantities or the value of Israel's aluminium imports from Bahrain. Reuters | January 9, 2022 | 10:10 am
Europe’s power crunch sparks aluminum smelter meltdown Four operators have announced curtailments totalling over half a million tonnes of annual production capacity, reports Andy Home. Reuters | January 7, 2022 | 2:45 am
South32, Alcoa to restart Alumar aluminum smelter in Brazil South32 said on Thursday it would spend about $70 million to restart the Alumar smelter. Reuters | January 5, 2022 | 4:22 pm
Base metals shine in 2021 on robust China demand, supply concerns Both London and Shanghai copper benchmarks have gained more than 20% this year so far. Reuters | December 31, 2021 | 12:45 am
Aluminum price climbs with output facing pressure in Europe, China The latest output cuts come soon after curbs at Europe’s top smelter, highlighting supply risk into next year and beyond. Bloomberg News | December 30, 2021 | 10:00 am
Norway’s Hydro to cut Slovakia aluminium output due to power cost The aluminium plant will cut its output to around 60% of capacity in response to high electricity costs. Reuters | December 30, 2021 | 9:05 am
China vows to cut carbon emissions from aluminum smelters by 5% by 2025 A five-year plan adds some details on Beijing’s drive to reshape heavy industries. Bloomberg News | December 29, 2021 | 1:43 pm
Alcoa to curb aluminum output in Spain after energy costs soar While aluminum prices have rallied more than 40% this year, profitability is being eroded by the far greater surge in power prices. Bloomberg News | December 29, 2021 | 9:03 am