Aluminum Top Stories

Column: Record European copper premiums as buyers shut out Russia

Just as Aurubis and Codelco aim to grab market share in Europe by replacing Russian metal, they risk losing market share in Asia if large amounts of Russian copper are displaced from the European market.

Reuters | October 14, 2022 | 8:32 am

Aluminum inventories rise as clock ticks on LME ban discussion

The LME is undertaking a three-week discussion process to consider banning…

Bloomberg News | October 14, 2022 | 8:10 am

Alcoa lobbying White House to block US imports of Russian aluminum

Separately, Alcoa asked the London Metal Exchange to delist Russian…

Reuters | October 13, 2022 | 2:06 pm

Sanctions, tariff or ban? Aluminum traders brace for fresh chaos

News that the US may target Russian aluminum in retaliation…

Bloomberg News | October 13, 2022 | 11:46 am

Column: Copper today, aluminum tomorrow? LME’s Russian dilemma

More than 60% of the copper stored in London Metal…

Reuters | October 13, 2022 | 10:00 am

Concord Resources buys alumina plant in bet on US revival

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.

Bloomberg News | July 14, 2021 | 3:00 pm

Brazilian aluminum producer CBA prices IPO at 11.20 reais per share

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

Reuters | July 13, 2021 | 1:41 pm

Russia considers measures to tap mining profits once export tax ends

Country is considering longer-term measures to grab a bigger slice of mining companies’ profits once a temporary export tax finishes at the end of this year.

Bloomberg News | July 12, 2021 | 7:35 am

Gupta agrees refinancing deal with Glencore on aluminum unit

Glencore will provide a loan to acquire most of the outstanding debt of the Dunkirk smelter and the Duffel factory.

Bloomberg News | July 9, 2021 | 9:59 am

GRAPHIC: Russia’s aluminum export tax fuels price surge on spot market

Moscow is proposing a 15% export tax on aluminum exports or a minimum of $254 a tonne between August and December.

Reuters | July 8, 2021 | 8:04 am

China’s state metals reserves auctioned off in double-quick time

The first round of China’s much-anticipated state metal reserves auctions needed only one of two days allotted for all the copper and aluminum on offer to be sold.

Reuters | July 7, 2021 | 8:18 am

China to sell more metals from reserves to ensure stable prices

China is releasing metal from state stockpiles as part of its campaign to restrain prices after factory inflation in May hit its highest level in 13 years.

Bloomberg News | July 7, 2021 | 7:10 am