Sliding Japan premium confirms aluminium’s demand problem — opinion
A sharp fall in Japanese physical premiums for Q4 shipments is the latest sign that aluminium is not immune from the demand weakness that is sapping the industrial metals complex.
Headlines about a Chinese economic slowdown may get good web traffic, but the real story is that China is buying up uranium and other resources around the world.
The figure includes salary, a cash bonus, shares and other benefits for the man who was able to take Rio Tinto from a US$3 billion loss to a US$3.7 billion profit in a year.