Aluminum price firms to 11-week high on Yunnan doubts, firm technicals

Aluminum prices touched an 11-week high on Monday over concerns over slow recovery in production in China’s Yunnan province and supported by a strong technical outlook.

US imposes preliminary duties on aluminum extrusions from China, Indonesia

The US Department of Commerce announced on Tuesday preliminary countervailing duties on aluminum extrusions from China, Indonesia, Mexico and Turkey, citing unfair subsidies.

New process turns scrap aluminum into usable construction materials

Twisted aluminum mesh, banged-up bicycle frames and used car parts languishing in junk yards could gain new life as building structures such as door and window frames, facades, lighting and decorative features thanks to a new patent-pending technology developed at the US Department of Energy’s Pacific Northwest National Laboratory (PNNL).

Rio Tinto taps Australia’s largest solar farm to power aluminum assets

Rio Tinto on Wednesday announced a deal to buy power from a new solar farm in Queensland as it seeks to green its aluminum operations on the country’s east coast and halve its direct and indirect emissions by 2030.

Aluminum price jumps after report EU may sanction Russian metal

Aluminum rallied in London after Politico reported that the European Union is considering sanctions on Russian aluminum ahead of the second anniversary of the invasion of Ukraine.

Share of Russian aluminum in LME warehouses rises to 90% after UK curbs

Mining News Pro - The share of available aluminum stocks of Russian origin in London Metal Exchange-approved (LME) warehouses rose to 90.4% in December from 78.8% in November, data on the exchange’s website showed on Wednesday.

Biden extends EU steel, aluminum tariff exemption for 2 years

Mining News Pro - US President Joe Biden on Thursday extended the suspension of tariffs on European Union steel and aluminum for two years to continue negotiations on measures to address overcapacity and low-carbon production.

Some Japan buyers agree to pay Q1 aluminum premium of $90/t, down 7% Q/Q

Mining News Pro - Some Japanese aluminum buyers have agreed to pay global producers a premium of $90 per metric ton over the benchmark price for shipments in January to March, down 7% from the current quarter, three sources directly involved in the pricing talks said.

Biden extends EU steel, aluminum tariff exemption for 2 years

Mining News Pro - US President Joe Biden on Thursday extended the suspension of tariffs on European Union steel and aluminum for two years to continue negotiations on measures to address overcapacity and low-carbon production.

Aluminum price hits weakest in more than three months on fund selling

Mining News Pro - Aluminum prices touched their lowest in more than three months on Monday as speculative funds stepped up selling on expectations of rising inventories.

Aluminum price climbs as Goldman sees larger supply deficit

Mining News Pro - Aluminum steadied, bucking a broader slide among industrial metals, with traders focusing on a likely shortfall in supply of the metal next year amid constraints on Chinese supply.

Rainfall plays key role in capping Chinese aluminum capacity

Mining News Pro - Another month, another new record for China’s primary aluminum production sector.

Mixed fortunes for Russian metal at mid-point of aluminum mating season

Mining News Pro - Midway through the aluminum market’s so-called mating season of end-users and sellers locking in supply deals, Russian metal is experiencing mixed fortunes, with some European industrial companies avoiding it for 2024.

Aluminum deal season has started, but no one is buying yet

Mining News Pro - The annual contracting season for aluminum supplies got off to a slow start at a key industry conference this week, in a sign of mounting concern from manufacturers about the outlook for demand.

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

Mining News Pro - Citigroup Inc. has bought about $160 million of Russian aluminum from the London Metal Exchange, something many banks have refused to touch since the invasion of Ukraine.

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

Mining News Pro - The discount on aluminum for near-term delivery compared with the three-month contract on the London Metal Exchange (LME) has reached its highest since the global financial crisis of 2008, indicating weak demand and rising supply.

Rio Tinto counts the cost of producing green aluminum

Mining News Pro - Rio Tinto is finding out just how hard it is to produce low-carbon aluminum.

London aluminum, zinc on track for best week since January

Mining News Pro - Aluminum and zinc prices in London were heading for their biggest weekly gain since January, as a weaker dollar made greenback-priced metals cheaper to holders of other currencies.

EU countries seek to stretch raw material targets, add aluminum

Mining News Pro - European Union countries agreed on Friday to raise proposed targets for recycling and processing of raw materials required for its green transition and added aluminum to the list of essential minerals.

EU countries seek to stretch raw material targets, add aluminum

Mining News Pro - European Union countries agreed on Friday to raise proposed targets for recycling and processing of raw materials required for its green transition and added aluminum to the list of essential minerals.

Norsk Hydro produces world’s first aluminum using green hydrogen

Mining News Pro - Norsk Hydro has made the world’s first batch of aluminum using green hydrogen in a step toward decarbonizing the production of the metal.

Russia raises aluminum exports to China to near record levels as sanctions bite

Mining News Pro - China, the biggest producer of aluminum globally, is importing more of the lightweight metal from Russia, underscoring how trade ties are strengthening between the two nations as sanctions curb much of the rest of the world’s appetite for Russian commodities.

Aluminum trader’s huge LME position ignites battle for stock

Mining News Pro - One of the world’s biggest metals traders has built up a dominant position in one part of the London Metal Exchange aluminum market, creating a squeeze on exchange stocks and putting focus on the availability of non-Russian metal.

Hefty shortages to help buoy aluminum prices this year

Mining News Pro - Supply disruptions in China due to problems with hydropower mean hefty shortages of aluminum this year, which are likely to offset slow demand growth and help bolster prices.

Rio Tinto starts construction to expand capacity at Quebec aluminum smelter

Mining News Pro - Rio Tinto starts construction to expand capacity at Quebec aluminum smelter

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