LME aluminum stocks climb by over 20,000t in South Korea The total inventories in Gwangyang surged by 20,875 tonnes, bringing the total in all global LME storage facilities to 575,875 tonnes. Reuters | May 23, 2023 | 8:14 am
Russia raises aluminum exports to China to near record levels as sanctions bite Russian sales of refined aluminum to China nearly trebled in April from the previous year. Bloomberg News | May 22, 2023 | 9:37 am
Trafigura tags large LME aluminum volumes for delivery Aluminum stocks in LME warehouses hit two-month highs in the middle of April. Reuters | May 18, 2023 | 9:52 am
Aluminum trader’s huge LME position ignites battle for stock IXM, owned by China’s CMOC Group, has built up an unusually large position in the LME’s aluminum contract for delivery tomorrow. Bloomberg News | May 16, 2023 | 9:47 am
Alcoa signs 8-year alumina supply deal with Emirates Global Aluminium The agreement, which commences in 2024, will allow EGA to procure as much as 15.6 million tonnes of alumina from Western Australia. Reuters | May 15, 2023 | 3:54 pm
Vedanta posts slump in Q4 profit after metal prices fall Company reported a 68% slump in fourth-quarter profit. Reuters | May 12, 2023 | 7:42 am
Share of Russian aluminum in LME warehouses falls slightly Overall aluminum stocks are up 27% so far this year. Reuters | May 10, 2023 | 7:56 am
No mining allowed in six new Indigenous reserves in Brazil Luiz Inácio ‘Lula’ Da Silva issued a decree creating six new Indigenous reserves, most of them in the Amazon, and banning mining in such areas. Valentina Ruiz Leotaud | April 30, 2023 | 12:05 pm
China’s property pain deflates ‘overhyped’ iron ore market Iron ore price dipped below $100 a tonne this week for the first time since early December. Bloomberg News | April 27, 2023 | 8:15 am
