December 6, 2022 US risks stoking inflation if carbon-linked tariffs hit China China’s steel and aluminum exports are under attack once again, as the US and European Union weigh new tariffs linked to carbon emissions.
December 6, 2022 European Commission weighs sanctions on Russia’s mining industry – FT The ban would be part of a ninth EU sanctions package that officials are planning to discuss with member states in the coming days.
December 5, 2022 US, EU weigh climate-based tariffs on Chinese steel and aluminum The move would mark a novel approach, as the US and EU would seek to use tariffs -- usually employed in trade disputes -- to further their climate agenda.
December 2, 2022 Rio Tinto completes Kemano power station work for British Columbia aluminum smelter Second tunnel completed 27 years after work was halted on the project by the NDP government.
November 29, 2022 Aluminum price climbs as tight supply outweighs China demand worries The resumption of plants forced to go offline due to power issues in China has been slower than expected.
November 28, 2022 Brazil aluminum producer CBA says CFO to take over as CEO Luciano Alves will take over as CEO starting May 2023.
November 21, 2022 Alcoa backs Rusal’s call for LME to reveal origin of all metal stocks Rusal has called for the LME to start regularly disclosing the origin of all metal stocks on warrant rather than singling out Russian metal.
November 21, 2022 Global aluminum output rises 3.1% y/y in October Global aluminum output reached 5.85 million tonnes last month.
November 19, 2022 Russia’s Rusal: 2023 sales pick up after LME decision Rusal said that its sales for 2023 have picked up after the LME decided not to ban Russian metal from being traded and stored in its system.
November 18, 2022 Russia’s mining giants rush to sell metal after LME green light The decision not to ban Russian metal from LME warehouses has triggered a rush to conclude contracts with the country’s two big producers.
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