Aluminum price hits 13-year high as energy surge pressures supply

Aluminum rose as much as 2.8% to $3,049 on the London Metal Exchange Monday, the highest since July 2008.

Bloomberg News | October 11, 2021 | 9:13 am

Sanjeev Gupta’s GFG Alliance strikes debt deal with Credit Suisse

Zurich-based Credit Suisse had previously disclosed some $2.3 billion worth of loans exposed to financial and litigation uncertainties within Greensill-linked supply chain finance funds, with some $1.2 billion of its assets related to GFG.

Reuters | October 10, 2021 | 2:15 pm

Technology to transform bauxite red mud into fertile soil nearly a reality

Scientists have partnered with Rio Tinto and Queensland Alumina to develop the solution.

Valentina Ruiz Leotaud | October 6, 2021 | 5:30 am

Alcoa joins metal firms in pledge to eliminate emissions by 2050

Alcoa will cut its direct and some indirect emissions -- known as Scope 1 and Scope 2 -- from aluminum smelting and alumina refining operations.

Bloomberg News | October 4, 2021 | 4:08 pm

South32 buys additional stake in Mozambique aluminum smelter

Company has exercised its right to buy an additional 25% stake in Mozal Aluminium.

Reuters | September 30, 2021 | 2:36 pm

Home: Power is a double-edged sword for global metals sector

China’s power crunch is rapidly evolving from bull to bear influence on metals pricing.

Reuters | September 28, 2021 | 8:51 am

China to auction another 150,000 tonnes of state metal reserves on Oct 9

In the fourth round of metal auctions this year, the administration will sell off 30,000 tonnes of copper, 50,000 tonnes of zinc and 70,000 tonnes of aluminum.

Reuters | September 27, 2021 | 8:43 am

Rio Tinto and Canadian union reach labour deal for British Columbia ops

Unifor, which represents about 900 workers at the miner's aluminum smelting plant in Kitimat and power generating facility in Kemano, had started a strike action in July.

Reuters | September 27, 2021 | 7:44 am

EXPLAINER: What is behind China’s power crunch?

China is in the grip of a power crunch as a shortage of coal supplies, toughening emissions standards and strong demand from manufacturers and industry have pushed coal prices to record highs.

Reuters | September 27, 2021 | 7:37 am

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Aluminum price climbs as tight supply outweighs China demand worries

Brazil aluminum producer CBA says CFO to take over as CEO

Alcoa backs Rusal’s call for LME to reveal origin of all metal stocks

Global aluminum output rises 3.1% y/y in October

Russia’s Rusal: 2023 sales pick up after LME decision

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