August 24, 2023

Column: LME warehousers bet the great metals destock is over

LME storage capacity grew modestly in the second quarter of this year, the first quarterly increase in two years.

August 23, 2023

South32 sees China economic support helping base metals

Underlying earnings for the year ended June 30 came in at $916 million, lower than the $2.60 billion posted last year.

August 22, 2023

No new Novelis deals to buy Russian aluminum since Ukraine war

Novelis is still buying some aluminum from Rusal under contracts agreed before Russia invaded Ukraine.

August 18, 2023

Citi buys $160 million of Russian aluminum others won’t touch

The US bank was behind requests to deliver about 75,000 tons of aluminum out of warehouses in Gwangyang, South Korea.

August 17, 2023

AI can accurately ‘envision’ corrosion-resistant alloys

A new machine learning model enhances by 15% the predictive accuracy of corrosion behaviour and potential optimal alloy formulas.

August 16, 2023

Graphic: Demand headwinds mean no respite in pressure on aluminum prices

Benchmark aluminum on the LME fell to a five-week low on Wednesday.

August 15, 2023

Weak demand sends near-term LME aluminum discount to highest since 2008

The LME benchmark three-month aluminum contract dropped to its lowest since July 7.

August 11, 2023

Rusal boosts Asia revenue but Europe remains a key market

Asia accounted for 33% of Rusal's revenue in the first six months of the year, up from 23% a year earlier.

August 10, 2023

Russian aluminum in LME-registered warehouses rises to 81% in July

The share of Russian origin stocks in LME-registered warehouses has been gradually rising this year.

August 4, 2023

Column: Rio Tinto counts the cost of producing green aluminum

The company booked a $1.175 billion impairment charge against its two Australian alumina refineries in its second-quarter results.