Australia approves $34 million in funding for critical minerals projects

The executive, who was ousted from a Belgian aluminum plant unit earlier this month, has successfully battled in court to be appointed back to the board.

The company may reduce those sales by hundreds of thousands of tonnes this year because the levies will make some shipments unprofitable.

The LME had delayed the launch of its lithium hydroxide and the five other new contracts from an original date of June 14.

Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society, Wood Mackenzie says.

Analysts at BMO Capital Markets forecast Alcoa and other metal companies are facing a transition period.

The world of metals trading is becoming increasingly multi-polar, reflecting the rise of China's futures markets over the last decade.

Analysts at Wood Mackenzie estimate an additional 360 million tonnes of aluminum, 90 million tonnes of copper and 30 million tonnes of nickel will be needed over the next 20 years.

The deal will give Concord access to an additional 600,000 tonnes of alumina per year on top of the 1.4 million tonnes it already handles, which would make it one of the world’s leading traders of alumina.

The IPO is valued CBA at 6.7 billion reais ($1.3 billion).