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China’s Primary Aluminum Production Sees Notable Increase in March 2024

China’s production of primary aluminum reached 3.59 million tons in March 2024, marking a 7.4% increase compared to the same month last year. This statistic was highlighted in a recent report by Reuters, emphasizing China’s continuing expansion in aluminum production amid global economic shifts. For the first quarter of 2024, the total production amounted to 10.69 million tons, which represents…

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    Shandong Nanshan may expand Indonesia site into $6 bln aluminium complex

    Shandong Nanshan may expand Indonesia site into $6 bln aluminium complex

    China’s Shandong Nanshan plans to expand its new Indonesian alumina plant to a $6 billion aluminium smelting complex by 2028, a company executive said, which would be among the largest foreign investments in the resource-rich nation. Shandong Nanshan (600219.SS) is among a growing group of private Chinese companies making multi-billion-dollar investments in Southeast Asia in sectors such as metal processing...

    China’s April aluminium imports rise with domestic supply constrained

    China’s April aluminium imports rise with domestic supply constrained

    China’s aluminium imports in April rose 27.1% from a year earlier, customs data showed on Thursday, with domestic supply constrained by lingering power issues in the southwest. The world’s biggest aluminium producer and consumer brought in 222,851 tonnes of unwrought aluminium and products – including primary metal and unwrought, alloyed aluminium – last month, according to data from the General...

    Platinum deficit could cause palladium shortage

    Platinum deficit could cause palladium shortage

    The world platinum market is expected to swing to a big deficit this year, close to 1 million troy ounces. Here is why this is happening and what implications this may have for the sister metal palladium. World Platinum Investment Council forecasts a platinum deficit of 983,000 troy ounces this year, according to the latest report of the global research...

    China Refined Zinc Imports Soared In March

    China Refined Zinc Imports Soared In March

    China imported 12,700 mt of refined zinc in March, up 170.37% on the month but down 40.09% on the year. The imports totalled 19,300 mt in the first three months of 2023, down 53.75% YoY, while total exports of refined zinc during the same period stood at 2,400 mt. This pointed to net imports of 16,900 mt. The top three...

    Top 10 underground mines in former Soviet Union produce coal, copper – report

    Top 10 underground mines in former Soviet Union produce coal, copper – report

    Of the ten biggest underground mines in the Former Soviet Union by the amount of raw ores extracted, six are producing coal and the remaining four copper, the Mining Technology said, citing GlobalData’s mining database. The largest mine is the DTEK Pavlogradugol Mining Complex in Ukraine’s Dnipro (Dnepropetrovsk), owned by DTEK Energy. The mine, due to operate until 2060, produced...

    Alumina exports to Russia surge as others avoid sale to Moscow

    Alumina exports to Russia surge as others avoid sale to Moscow

    THE SURGE in India’s import of Russian crude oil has come under the spotlight, but a sharp pick-up in India-Russia trade in another commodity has largely been under the radar. India’s exports of aluminium oxide, or alumina, to Russia jumped to 2.58 lakh tonnes in April-February of financial year 2022-23 (FY23) from nil in the corresponding period of FY22, latest...

    Nornickel says still selling copper via Rotterdam, eyes North Africa hub

    Nornickel says still selling copper via Rotterdam, eyes North Africa hub

    The port of Rotterdam allowed Russian miner Nornickel to sell copper supplies through the appropriate transshipment hub, the company’s vice president, Dmitry Pristanskov, told the St. Petersburg International Legal Forum. “We have worked out a plan for an African hub for ourselves, this is the port of Tangier in Morocco in North Africa. Moreover, relatively recently Rotterdam still allowed copper...

    Century Smelts 169 Thousand Metric Tons Of Aluminium In Q1

    Century Smelts 169 Thousand Metric Tons Of Aluminium In Q1

    American aluminium producer Century Aluminum released results for the first quarter of 2023 this week. Though production fell in the quarter, the financial results were better in the opening three months. In the first three months of 2023, Century shipped 169,471 metric tons, down on the quarter from 181,165 metric tons last year. Net sales fell slightly in the first...

    Group 6 Metals raises funds to begin operations at Tasmania tungsten mine

    Group 6 Metals raises funds to begin operations at Tasmania tungsten mine

    The raised funds will be used by Group 6 Metals to start operations at the Dolphin tungsten mine in Tasmania. Australian miner Group 6 Metals has unveiled plans to raise A$30m through a share placement and share purchase plan (SPP) to begin operations at its Dolphin tungsten mine on King Island, Tasmania. It secured commitments amounting to A$27m as part...

    Global company to invest in Williamsport manufacturing

    Global company to invest in Williamsport manufacturing

    Empty factories and warehouses haunt and remind small communities daily of Pennsylvania’s past contributions. Now, a global company hopes to bring back some of that economic vitality to Williamsport. On Wednesday, Pennsylvania Industrial Development Authority (PIDA) approved a $3 million loan for Chance Aluminum Corporation in Williamsport. Chance Aluminum, branch of AA Metals is expected to create 113 new full-time...

    Apollo to buy Arconic: what’s the deal of the year for the aluminium industry?

    Apollo to buy Arconic: what’s the deal of the year for the aluminium industry?

    Investment fund Apollo Global Management (“Apollo”) is to acquire US semi-finished aluminium goods producer Arconic for $5.2bn. After BHP Group’s recent $6.6 billion acquisition of OZ Minerals, the deal could be the second largest in the world’s non-ferrous metals industry this year. There is nothing unusual about it in principle: Apollo has been acquiring shares in promising companies since its...

    UK firms claim new titanium recycling technique

    UK firms claim new titanium recycling technique

    Tool company works with researchers to use scrap metal in small-scale forging process. Sheffield, United Kingdom-based Footprint Tools has been engaged with regional researchers on a project it says could spark a recycling revolution in industrial forging that “unlocks a step change in the manufacture of safety critical components for the aerospace, defense and energy sectors using machining [scrap] and...

    Shortage of copper will push copper prices up

    Shortage of copper will push copper prices up

    The International Copper Study Group made a curious forecast: according to it, production of copper on the planet in the current year will increase by 2.6% to 26.317 million tons, its consumption will grow by 1.4% to 26.431 million tons. Thus, by the end of 2023, the global market is expected to be short of copper in the amount of...

    Aheadd® CP1, Constellium’s high-performance aluminium additive manufacturing powder, approved for use on Formula 1 racing cars

    Aheadd® CP1, Constellium’s high-performance aluminium additive manufacturing powder, approved for use on Formula 1 racing cars

    Constellium SE (NYSE: CSTM) announced today that its Aheadd® CP1 aluminium additive manufacturing powder was approved for use in Formula 1 cars beginning in the 2024 season. Constellium has partnered with Velo3D and PWR Advanced Cooling Technology to start providing highly efficient, compact, and lightweight heat exchangers for Formula 1 vehicles along with a variety of components for high-performance customers....

    Russia’s Nornickel to pay no dividends for 2022 as geopolitics bite into finances

    Russia’s Nornickel to pay no dividends for 2022 as geopolitics bite into finances

    Russian top miner Nornickel’s board recommended not to pay dividends for the previous year — for the first time in 14 years — due to growing geopolitical risks, which had a negative impact on the company’s finances.The company recently faced a perfect storm of looming sanctions, external uncertainty, the upcoming payment of windfall tax and the need to rebuild supply...

    Century Aluminum Company to Acquire 55% Interest in Jamalco Alumina Refinery

    Century Aluminum Company to Acquire 55% Interest in Jamalco Alumina Refinery

    Century Aluminum Company (NASDAQ: CENX) today announced that it has entered into an agreement with Noble Group Holdings Limited (“Noble”) to acquire Noble’s 55% ownership interest in Jamalco, a bauxite mining and alumina production joint venture in Jamaica. Jamalco has annual alumina production capacity of approximately 1.4 million tonnes and employs over 900 people. Pursuant to the terms of the...

    Rusal intends to build a plant for the production of auto disks in Uzbekistan

    Rusal intends to build a plant for the production of auto disks in Uzbekistan

    The Russian company Rusal plans to build a plant for the production of car wheels in Uzbekistan, Vladislav Vasilyev, director of the department of metallurgy and materials of the Ministry of Industry and Trade of the Russian Federation, said at a panel session of the Innoprom. Central Asia in Tashkent. According to Vasiliev, Rusal Group of Companies is currently discussing...

    Axing aluminium from the Critical Raw Materials list was a mistake

    Axing aluminium from the Critical Raw Materials list was a mistake

    The European Commission’s exclusion of aluminium from the EU’s list of strategic raw materials is unacceptable because of the metal’s importance to key industries of the future, writes Anna-Michelle Asimakopoulou. Anna-Michelle Asimakopoulou is vice-chair of the European Parliament’s committee on international trade. She is affiliated with Greece’s New Democracy party and the European People’s Party (EPP). Since 2010, the Commission...

    Norsk Hydro to supply Porsche with low-carbon aluminium

    Norsk Hydro to supply Porsche with low-carbon aluminium

    Norsk Hydro (NHY.OL) will supply Porsche AG (P911_p.DE) with low-carbon aluminium and eventually recycle its battery materials as the luxury carmaker moves to decarbonise its supply chain, the companies said on Wednesday. Makers of electric cars are looking to replace steel with aluminium to make car bodies and batteries lighter to increase mileage. Hydro signed a similar deal late last...