Inventories in LME warehouses in Port Klang at 814,225 tonnes are down about 20% since climbing above one million tonnes in July.

The companies have developed a new product called Alextra.

The provisional duties are expected to be imposed by Oct. 15 while the investigation is due to be finalised in April 2021.

The company is planning to build its own cathode factory.

Elon Musk warned about the difficulties of speeding up production as an expert cautioned the carmaker's increased reliance on large-scale aluminum parts could bring new manufacturing challenges.

Industry sources said the market already had the tools needed for consumers willing to pay a premium for sustainable metal.

Imports from Canada are expected to “normalize” to 70,000 to 83,000 tonnes per month in the last four months of 2020.

Australia’s aluminum smelters are being priced out of the global market due to high energy costs, with closures looming unless they can find a pathway to cheaper power.