Industry News
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Bahrain Aluminum said it canceled merger talks with Saudi Mining
Bahrain Aluminum Company (Alba) has worked with Saudi Arabia Mining Company (Ma’aden) Jointly agreed to conclude the discussion of merging Alba with Ma’aden Aluminum strategic business unit according to the strategies and conditions of the respective companies, Alba CEO Ali Al Baqali ...Read more -
LME aluminum inventory drops significantly, reaching its lowest level since May
On Tuesday, January 7th, according to foreign reports, data released by the London Metal Exchange (LME) showed a significant decline in available aluminum inventory in its registered warehouses. On Monday, LME’s aluminum inventory fell by 16% to 244225 tons, the lowest level since May, indi...Read more -
Zhongzhou Aluminum quasi-spherical aluminum hydroxide project successfully passed the preliminary design review
On December 6th, Zhongzhou Aluminum industry organized relevant experts to hold the preliminary design review meeting of the industrialization demonstration project of spherical aluminum hydroxide preparation technology for thermal binder, and the heads of relevant departments of the company atte...Read more -
Aluminum prices may rise in the coming years due to slower production growth
Recently, experts from Commerzbank in Germany have put forward a remarkable viewpoint while analyzing the global aluminum market trend: aluminum prices may rise in the coming years due to the slowdown in production growth in major producing countries. Looking back this year, the London Metal Exc...Read more -
The United States has made a preliminary anti-dumping ruling on aluminum tableware
On December 20th, 2024. The US Department of Commerce announced its preliminary anti-dumping ruling on disposable aluminum containers (disposable aluminum containers, pans, pallets and covers) from China. Preliminary ruling that the dumping rate of Chinese producers / exporters is a weighted aver...Read more -
Global primary aluminum production is steadily increasing and is expected to exceed the 6 million ton monthly production mark by 2024
According to the latest data released by the International Aluminum Association (IAI), global primary aluminum production is showing a stable growth trend. If this trend continues, the global monthly production of primary aluminum is expected to exceed 6 million tons by December 2024, achieving a...Read more -
A Energi signed an agreement to supply power to Hydro’s Norwegian aluminum plant for a long time
Hydro Energi Has signed a long-term power purchase agreement with A Energi. 438 GWh of electricity to Hydro annually from 2025, the total power supply is 4.38 TWh of power. The agreement supports Hydro’s low-carbon aluminum production and helps it achieve its net zero 2050 emissions target....Read more -
Strong collaboration! Chinalco and China Rare Earth Join Hands to Build a New Future of Modern Industrial System
Recently, China Aluminum Group and China Rare Earth Group officially signed a strategic cooperation agreement at the China Aluminum Building in Beijing, marking the deepening cooperation between the two state-owned enterprises in multiple key areas. This cooperation not only demonstrates the firm...Read more -
South 32: Improvement of the transportation environment of the Mozal aluminum smelter
According to foreign media reports, the Australian mining company South 32 said on Thursday. If truck transport conditions remain stable at the Mozal aluminum smelter in Mozambique, alumina stocks are expected to be rebuilt in the next few days. Operations were disrupted earlier due to post-elect...Read more -
Due to the protests, South32 withdrew production guidance from the Mozal aluminum smelter
Due to the widespread protests in the area, Australian-based mining and metals company South32 has announced an important decision. The company has decided to withdraw its production guidance from its aluminium smelter in Mozambique, given the continuing escalation of civil unrest in Mozambique, ...Read more -
China’s Primary Aluminum Production Hit A High Record In November
According to data released by the National Bureau of Statistics, China’s primary aluminum production rose 3.6% in November from a year earlier to a record 3.7 million tons. Production from January to November totaled 40.2 million tons, up 4.6% year on year growth. Meanwhile, statistics from...Read more -
Marubeni Corporation: Asian aluminum market supply will tighten in 2025, and Japan’s aluminum premium will continue to be high
Recently, global trading giant Marubeni Corporation conducted an in-depth analysis of the supply situation in the Asian aluminum market and released its latest market forecast. According to Marubeni Corporation’s forecast, due to the tightening of aluminum supply in Asia, the premium paid b...Read more