Banks bolster metals-trading desks after wild year for marketsTop banks are reinforcing their metals divisions to cash in on the volatility that’s lifted trading profits over the past three years.Bloomberg News | November 1, 2022 | 8:29 am
Vedanta expects revenue to jump to $50 billion in two years’ time – chairmanVedanta reported $16.05 billion in revenues in the fiscal year…Reuters | November 1, 2022 | 7:56 am
Saudi Arabia to auction five new mining exploration licenses in 2023The government estimates the kingdom's unused mineral resources to be valued at…Reuters | October 31, 2022 | 7:35 am
Shanghai aluminum near a 13-year high as Guinea unrest stokes supply woes Guinea is China's biggest supplier of bauxite. Reuters | September 8, 2021 | 8:17 am
Home: Guinea coup adds bauxite to aluminum’s supply concerns The political upheaval catches the aluminum raw materials chain at a vulnerable moment with alumina prices already surging higher due to refinery problems. Reuters | September 7, 2021 | 7:14 am
Aluminum price jumps again as Guinea coup adds to supply worries Aluminum climbed to the highest in more than a decade after a coup in Guinea fueled concerns over raw material supplies. Bloomberg News | September 6, 2021 | 10:30 am
Guinea junta plans unity government, reassures mining firms Guinea is a key global supplier of bauxite, an ore that’s processed into alumina and then aluminum. Bloomberg News | September 6, 2021 | 9:40 am
China aluminum cuts exceed 2m tonnes so far, Antaike says Several Chinese regions have imposed restrictions in recent months because of tight power supplies and pressure to reduce emissions. Reuters | September 3, 2021 | 7:28 am
Russell: China’s PMIs point to softer metal imports, but be wary of stimulus History has shown that if Beijing feels the economy is losing too much steam, the stimulus taps will be re-opened. Reuters | September 1, 2021 | 9:20 pm
China completes latest metal auctions as Xi urges better reserves system Country released another 150,000 tonnes of state metal inventories to the market on Wednesday. Reuters | September 1, 2021 | 8:04 am
Home: China battles with aluminum’s decarbonization paradox The world needs more aluminum to go green but the smelters that produce the stuff account for around 2% of all man-made emissions each year. Reuters | September 1, 2021 | 7:56 am
Aluminum makers in India plead for coal as power squeeze bites The producers face severe disruption if smelters experience outages and have few alternatives to domestic coal. Bloomberg News | September 1, 2021 | 7:43 am