Aluminum Top Stories

Aluminum rebound buoys Alcoa, muting global slowdown worries

The largest US aluminum producer had third-quarter adjusted loss of $60 million or 33 cents a share, missing the average estimate of 3 cents profit.

Bloomberg News | October 20, 2022 | 9:51 am

Aluminum price rebounds on fall in stocks, hope about Chinese curbs

China is considering a cut in the duration of quarantine for inbound…

Reuters | October 20, 2022 | 8:22 am

Alcoa calls on US, allies to sanction ‘cheating’ Russian metal

The comments come a week after Bloomberg News reported that…

Bloomberg News | October 19, 2022 | 3:57 pm

LME Week: spotlight on LME nickel debacle and the fate of Russian metal

Possible sanctions on Russian metal, lawsuits, a battle to recover…

Reuters | October 19, 2022 | 10:37 am

Glencore delivers Russian-origin aluminum into LME system

Stocks of aluminum in LME warehouses jumped 65,825 tonnes to 433,025…

Reuters | October 19, 2022 | 7:39 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

India gives aluminum battery a chance to take on lithium in EVs

Indian Oil Corp., the nation’s largest oil refiner, has teamed up with startup Phinergy Ltd. to develop the Israeli company’s aluminum-air battery.

Bloomberg News | July 1, 2021 | 9:04 pm

Elysis granted federal funds toward cleaner aluminum smelting

The Elysis technology has the potential to reduce GHG emissions by 7 million tonnes.

Canadian Mining Journal Staff | July 1, 2021 | 11:02 am

Glencore paid $5.8bn to governments in 2020

Payments to governments in 2020 were lower due to pandemic disruption.

MINING.COM Staff Writer | June 30, 2021 | 11:34 am

Aluminum premia spike on planned Russian export tax

Russia has proposed introducing an export duty on steel, copper, nickel and aluminium to curb rising inflation.

MINING.com Editor | June 29, 2021 | 9:52 am

Nornickel sees $500m hit from new export duties – RIA

Russia has introduced temporary new export taxes for steel products, nickel, aluminum and copper.

Reuters | June 28, 2021 | 7:33 am

Russia prepares to hit metals firms with $2.3bn in export taxes

Moscow wants to protect its defence and construction industries from further growth in raw materials costs as prices for metals rise at a global level.

Reuters | June 25, 2021 | 7:48 am

Russell: China’s first round of copper, zinc, aluminum auctions fails to impress

For now, it’s probably best to view China’s announcement as an opening shot in what may be a longer battle.

Reuters | June 24, 2021 | 8:30 am

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