Glencore invests in aluminium and bauxite

Mining News Pro - Major miner Glencore has signed a binding agreement with low-carbon aluminium company Norsk Hydro.

Aluminium will face macroeconomic headwinds in Commodity News 02/12/2022

Mining News Pro - Aluminium prices have been highly volatile in 2022 due to the Russia-Ukraine war, logistical issues, increasing recessionary fears and the Covid-19 pandemic.

Europe’s aluminium deficit triggers further large LME stock draw

Mining News Pro - Aluminium inventories in London Metal Exchange (LME) warehouses, already at their lowest in nearly 17 years, are likely to fall further over coming days and weeks as more metal leaves the LME system and heads for Europe, where supplies are scarce.

Indian aluminium producer NALCO faces coal scarcity due to train shortage

Mining News Pro - Indian state-run aluminium producer National Aluminium Co Ltd (NALCO) is facing a coal supply shortfall, due to supplies being diverted to priority electricity generation and a shortage of trains to deliver fuel to NALCO’s power plants.

Europe’s aluminium deficit triggers further large LME stock draw

Mining News Pro - Aluminium inventories in London Metal Exchange (LME) warehouses, already at their lowest in nearly 17 years, are likely to fall further over coming days and weeks as more metal leaves the LME system and heads for Europe, where supplies are scarce.

Rio Tinto sees US sanctions on Russia potentially disrupting aluminium supply

Mining News Pro - Possible US sanctions on Moscow over the Ukraine crisis may affect Russia’s aluminium industry, Rio Tinto CEO Jakob Stausholm said on Wednesday.

Norway’s Hydro to cut Slovakia aluminium output due to power cost

Mining News Pro - Norsk Hydro’s majority-owned aluminium plant in Slovakia will cut its output to around 60% of capacity in response to high electricity costs, the Norwegian company said on Thursday.

EU and US end clash over steel and aluminium, take aim at China’s ‘dirty’ steel

Mining News Pro - The United States and the European Union on Sunday ended a dispute over steel and aluminium tariffs and said they would work on a global arrangement to combat “dirty” production and overcapacity in the industry.

South32 to acquire up to 25% more of Mozal Aluminium

Mining News Pro - South32 has exercised its pre-emptive rights to acquire up to an additional 25% shareholding and related rights in Mozal Aluminium, from Mitsubishi’s MCA Metals.

South32 posts higher manganese, aluminium output from South African operations

Mining News Pro - Diversified miner South32 has posted a 21% year-on-year increase in manganese output from its South African mines to 2.26-million tonnes for the year ended June 30.

LME launches six new contracts, including lithium and scrap aluminium

Mining News Pro - The London Metal Exchange (LME) launched six new cash-settled futures contracts on Monday, including for battery metal lithium and aluminium scrap.

Copper could be anchored by aluminium alternative

Mining News Pro - Wood Mackenzie analysis has suggested long-term copper price increases are likely to face serious competition from aluminium.

Rio Tinto’s ISAL smelter certified for responsible aluminium production

Mining News Pro - Rio Tinto announced that its 52-year-old ISAL smelter in Iceland received a responsible aluminium production certification from the Aluminium Stewardship Initiative (ASI).

Chinese aluminium smelters forced away from captive coal-fired power

معدن نیوز -A new report by Wood Mackenzie states that China’s march towards carbon neutrality is forcing its aluminium smelters away from using captive coal-fired power.

Alcoa CEO sees ‘game changer’ in China’s aluminium curbs

Mining News Pro - Signs that China is taking meaningful steps to rein in aluminum production is a “game-changer” for the long-term outlook after years of gluts in the industry, Alcoa’s CEO said.

Aluminium industry aims to reduce emissions by 80% by 2050

Mining News Pro - Global industry organisation the International Aluminium Institute (IAI) has published three main pathways that the industry can take to reduce its emissions by 80% by 2050 and meet internationally agreed climate goals, supply demand for primary aluminium that will increase by up to 40% and more than triple recycled aluminium from post-consumer resources to 2050.

Aluminium industry aims to reduce emissions by 80% by 2050

Mining News Pro - Global industry organisation the International Aluminium Institute (IAI) has published three main pathways that the industry can take to reduce its emissions by 80% by 2050 and meet internationally agreed climate goals, supply demand for primary aluminium that will increase by up to 40% and more than triple recycled aluminium from post-consumer resources to 2050.

Rio Tinto sells first aluminium-scandium alloy to Australia

Mining News Pro - Rio Tinto has sold its first batch of aluminium-scandium alloy to Australian metal additive manufacturer Amaero, which will be supplied from the Rio Tinto Fer et Titane (RTFT) metallurgical complex in Canada.

Rio Tinto launches sustainability label for aluminium with blockchain

Mining News Pro - Rio Tinto announced the launching of START, a label aimed at setting a new traceability standard for the aluminium industry.

Rio Tinto secures longer future at NZ aluminium smelter

Mining News Pro - Rio Tinto will extend operations at the Tiwai Point aluminium smelter in New Zealand until 2024 thanks to a new electricity agreement struck with Meridian Energy.

Australian Mines to develop next-gen aluminium alloys

Mining News Pro - Australian Mines is seeking to develop new aluminium alloys using scandium sourced from the Sconi project in Queensland.

GFG’s aluminium business looks along supply chain for takeovers

Mining News Pro - Alvance, the aluminium business of British commodities tycoon Sanjeev Gupta, is on the lookout for takeovers to triple production and create a vertically-integrated group, its chief executive said on Monday.

Rusal posts H1 net loss, sees weak aluminium prices in 2020

Mining News Pro - Russian aluminium giant Rusal said on Thursday its recurring net loss totalled $76-million in the first half of 2020 after a profit of $666-million a year ago as the novel coronavirus outbreak hit demand.

Rio Tinto closure of aluminium smelters sparks outcry

Mining News Pro - Rio Tinto has started to wind down operations at New Zealand Aluminium Smelters (NZAS) ahead of an eventual closure next year.

Aluminium in spotlight as LME opts for low-carbon trading platform

Mining News Pro - Aluminium may find itself with an officially recognised ‘green’ tag when a low-carbon version of the metal is given a new trading platform next year.

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