Mining’s old guard needs strong medicine A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities. Frik Els | November 22, 2024 | 3:29 pm
Column: China’s export tax bombshell rocks aluminum market China's announcement on Friday may have major long-term ramifications for the global aluminum supply chain, writes Andy Home. Reuters | November 19, 2024 | 9:41 am
China’s bid to rein in exports roils aluminum stocks and prices China’s cancellation of tax relief on exports has left the aluminum industry scrambling to assess the impact on supply flows. Bloomberg News | November 18, 2024 | 10:55 am
Aluminum price to average 6% higher in 2024, says Fitch Group’s BMI Analysts also raised its 2024 aluminum price forecast from $2,400/tonne to $2,450/tonne to reflect these expectations. Staff Writer | November 17, 2024 | 9:43 am
Aluminum price soars as China cancels tax incentive on exports The export tax rebate was also removed for copper and lowered for some refined oil, solar, battery and non-metallic mineral products. Bloomberg News | November 15, 2024 | 7:56 am
China should use more aluminum and recycled copper, industry says China depends on overseas imports for 60% of its aluminum resources as opposed to 70% of its copper resources. Reuters | November 12, 2024 | 5:10 pm
Hindalco beats Q2 profit view on higher aluminum prices The benchmark aluminum and copper prices on the LME rose 20% and 24%, respectively, from the second quarter of last year. Reuters | November 11, 2024 | 9:18 am
World’s top energy trader Vitol eyes metals as oil demand set to peak CEO Hardy points to iron ore, copper, and aluminum as potential markets. Staff Writer | November 8, 2024 | 9:12 am
Vedanta tops Q2 profit view on higher metals prices Vedanta benefitted from higher prices of aluminum, zinc and copper, its biggest businesses. Reuters | November 8, 2024 | 7:22 am