May 18, 2023 Trafigura tags large LME aluminum volumes for delivery Aluminum stocks in LME warehouses hit two-month highs in the middle of April.
May 16, 2023 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.
May 15, 2023 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.
May 12, 2023 Vedanta posts slump in Q4 profit after metal prices fall Company reported a 68% slump in fourth-quarter profit.
May 10, 2023 Share of Russian aluminum in LME warehouses falls slightly Overall aluminum stocks are up 27% so far this year.
April 30, 2023 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.
April 27, 2023 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.
April 27, 2023 Glencore buys stakes in Norsk Hydro and Vale’s assets in Brazil It's taking a 30% stake in alumina refinery Alunorte and a 5% interest in bauxite producer Mineracao Rio do Norte, both in Para, Brazil.
April 24, 2023 US-based researchers develop efficient process to transform scrap aluminum into new vehicle parts A new process reduces more than 50% of the embodied energy and more than 90% of the CO2 emissions used for transforming scrap aluminum into new vehicle parts.
April 21, 2023 Column: Aluminum’s fortunes tied to Yunnan weather forecast The province accounts for around 12% of China's aluminum capacity and is experiencing its worst drought in decades.
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