LME aluminium stocks fall to lowest this century
Aluminium stocks on the London Metal Exchange have slumped to their lowest this century as supply constraints in the war-hit Middle East leave consumers drawing down inventories to secure metal. |
Brazil to provide $3.7bn in credit for firms hit by US tariffs
The Brazilian government announced 18.5-billion reais ($3.66-billion) in financing for companies hit by the new US tariffs valid as of Wednesday |
Portland smelter restart pays off for Alcoa
Restarted capacity at Alcoa’s Portland smelter in south-west Victoria is selling into rising aluminium prices |
Cymat reaches official commercial agreement with Rio Tinto to take over aluminium composites business
Ontario-based materials company Cymat Technologies has signed a commercial agreement with aluminium |
China’s June aluminum exports hit record high
China’s unwrought aluminum and product exports climbed to a record high in June, according to official customs data released on Tuesday |
India’s Aditya Birla proposes $1.26B expansion of Odisha alumina refinery
India’s Aditya Birla Group has proposed investing an additional $1.26 billion to triple the capacity of its Kansariguda alumina |
Aluminium supply shock revives long-idled Western smelters, Reuters says
The supply shock caused by the Iran war is sparking old Western aluminium smelters back into life. |
Japan Q3 aluminium premiums soar to highest since 2015 on Mideast supply squeeze
Japanese aluminium buyers agreed to pay premiums of $395 a ton for shipments between July and September |
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