Klockner & Co has announced plans to construct a new aluminum flat-rolled processing facility on the campus of Aluminum Dynamics LLC in Columbus. The new facility is intended to expand Klockner’s product and service portfolio, with ramp-up expected in the fourth quarter of 2026. This investment aims to enhance the company’s growth in both the...
READ MOREChina’s aluminium production in October 2024 rose year-on-year as a positive demand outlook and higher aluminium prices offset rising raw material costs. Official data from the National Bureau of Statistics showed that China, the world’s largest aluminium producer, produced 3.72 million metric tons of primary aluminium last month, marking a 1.6% increase from October last...
READ MOREChinese zinc producers are racing to deliver between 30,000 and 40,000 metric tons of refined zinc to warehouses registered with the Shanghai Futures Exchange (ShFE) ahead of the November contract expiry on Friday, according to three sources with direct knowledge of the situation. This significant delivery is expected to raise zinc stocks in the ShFE...
READ MOREAnglo-Australian mining giant Rio Tinto has approved the construction of a new 25-megawatt (MW) solar plant at its Kennecott copper operation in Utah, increasing the mine’s total solar capacity to 30MW. The new solar facility will be located next to Kennecott’s existing 5MW solar plant, completed in 2023. Together, the two solar plants are expected...
READ MOREChinese copper smelters may cut production or extend maintenance periods next year to address ongoing feedstock shortages, as discussed by participants at an industry conference in Shanghai. The shortage of copper concentrate is leading to increased competition among smelters, with production cutbacks seen as a possible solution to alleviate the situation. Earlier this year, global...
READ MOREAccording to data from Shanghai Metals Market (SMM), China’s aluminium production in October 2024 reached 3.7025 million tonnes, a 1.7% increase compared to the same month last year. In September, the year-on-year increase was estimated at 1.5%. For the ten-month period of 2024, Chinese aluminium producers exceeded last year’s output by 4.0%, with a total...
READ MOREChina’s copper cathode production in October 2024 amounted to 995,500 tonnes, according to the Shanghai Metals Market (SMM). This figure marks a 0.9% decline from September but a slight increase of 0.2% compared to October 2023. Overall, Chinese companies produced 9.96 million tonnes of copper in the first ten months of the year, reflecting a...
READ MOREPiedmont Lithium, a major North American lithium supplier, reported continued production growth in the third quarter of 2024, with measures in place to support its presence in the global lithium market. The company, based in Belmont, North Carolina, is advancing its key projects despite challenges in the lithium sector. In the third quarter, Piedmont, alongside...
READ MOREMineral Resources has announced the immediate closure of its Bald Hill lithium mine in Western Australia due to a prolonged and significant decline in lithium prices. The decision comes as the latest in a series of production cutbacks among global lithium producers, driven by an oversupply and reduced demand for the critical battery material. The...
READ MOREAurubis has commenced construction of an air separation plant (AS) at its recycling site in Lünen, North Rhine-Westphalia. This investment of approximately €40 million aims to make on-site production operations more efficient and reduce dependence on external supplies. The new plant will use proven technology already employed at other major Aurubis sites, such as those...
READ MOREAccording to Bloomberg, Nornickel is moving forward with its plans to relocate copper smelting operations from Norilsk to China, focusing on the construction of a metallurgical plant in Fangchenggang, a port city on the coast of the South China Sea. A major hub for cargo transshipment to China, Vietnam, and other countries, Fangchenggang’s turnover rose...
READ MOREAccording to data from Iran’s Mines and Mining Industries Development and Renovation Organization (IMIDRO), Iran’s aluminum ingot production in the first seven months of the current year totaled 352,423 tonnes, marking a decline from the 367,091 tonnes produced during the same period last year. The decline reflects challenges in production across the country’s main aluminum...
READ MOREThe Monel market is experiencing significant downward pressure at the start of Q4 2024, driven primarily by declining nickel prices and challenges within the manufacturing sector of major economies. Monel, a nickel-copper alloy known for its exceptional corrosion resistance and strength in marine and chemical processing applications, is being impacted by changing market dynamics shaped...
READ MOREChinese copper smelters are under mounting pressure to scale back their rapid expansion, which is impacting profitability across the global industry. China, the world’s largest consumer of copper, is on course to produce about half of the world’s refined copper this year after an aggressive wave of smelter construction aimed at securing essential supplies for...
READ MOREIn October, China’s production of lithium iron phosphate (LFP) rose by 7.8% month-on-month (MoM), reaching a total of 251,700 tonnes. This growth was supported by stable demand from the automotive market and expanding energy storage needs both domestically and internationally. LFP batteries are increasingly used in electric vehicles (EVs) and large-scale energy storage solutions, driving...
READ MOREIn October, China’s cobalt sulfate production totaled 19,527 tonnes, representing a decline of 1.04% month-on-month (MoM) and 10.13% year-on-year (YoY). The cumulative production from January to October reached 228,121 tonnes, with a decrease of 7.28% YoY. The market faced sluggish downstream demand, and end-side users showed limited interest in building up stocks. Additionally, cobalt sulfate...
READ MOREJubilee Metals has begun its 2025 financial year on a positive note, reporting strong operational results for the first quarter, driven by organic growth in its South African operations and key milestones in its Zambian copper expansion. The diversified metals miner highlighted increased production at its South African chrome and platinum group metals (PGM) mines,...
READ MOREEmirates Global Aluminium (EGA), the world’s largest producer of premium aluminium, has extended its CelestiAL-R supply agreement with the BMW Group for the coming years. CelestiAL-R is notable for being the world’s first aluminium blend made using solar power and recycled metal, aligning with the growing industry demand for sustainable materials. The BMW Group utilizes...
READ MOREJiangxi Copper Company Limited, a prominent copper producer, has forecasted that its sales from processed nonferrous metals will reach \$47.06 billion over the next five years. Founded in 1997 and headquartered in Nanchang, China, the company is involved in the exploration, mining, milling, smelting, and refining of copper and related products across Mainland China, Hong...
READ MOREVulcan Energy, an Australian start-up, has taken a major step towards lithium production for electric vehicle batteries in Germany. The company commissioned a demonstration plant on November 8 at the Frankfurt-Höchst industrial park, marking a significant milestone in its efforts to produce lithium hydroxide locally for European industry. The lithium hydroxide, a key component required...
READ MOREIran has reported a slight decline in aluminum output during the seven months to late October. According to figures released by the state-run metals and mining company IMIDRO, aluminum ingot production from the country’s four major smelters reached 352,423 metric tons (mt) by October 21, down from 367,091 mt during the same period last year....
READ MORESwiss copper alloy producer Ampco Metal has acquired the Schmelzmetall Group, a move aimed at enhancing its position within the industry and expanding its product offerings to the aerospace, defense, and other advanced technology sectors. According to a press release from Ampco Metal, the integration of Schmelzmetall’s sales department is expected to be finalized by...
READ MOREChina’s cobalt powder production increased by 3.97% month-on-month in October, reaching 773.5 tonnes, while also rising 7.28% compared to the same period last year. From January to October, total production reached 7,978 tonnes, marking a year-on-year growth of 12.29%. In October, overall demand for cobalt powder was moderate, and the market saw the presence of...
READ MOREVulcan Energy has commenced production of lithium hydroxide at its Central Lithium Electrolysis Optimisation Plant in Frankfurt, Germany. The first lithium hydroxide has been successfully produced from high-purity lithium chloride, which is extracted from brines at Vulcan’s direct lithium extraction optimisation plant. This milestone marks the first sustainable production of lithium hydroxide fully domestically produced...
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