Trends and Forecast

  • Metals Market Update: October 28 – November 1

    BY Lara Browne
    Russia Relies Heavily on Alumina Imports from China In the first nine months of 2024, Russia increased alumina imports from China by 43% to 1.2 million tonnes, with imports expanding 1.6 times to 123,100 tonnes in September. In monetary terms, alumina imports from January to September grew 1.7 times to $582.6 million, doubling to nearly...
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  • Events, Trends and Forecasts: 21 – 25 October

    BY Lara Browne
    CATL to Produce Lithium-Ion Batteries in Indonesia Indonesian state-owned corporation Indonesia Battery has formed a joint venture with China’s Contemporary Amperex Technology (CATL) to establish a lithium-ion battery production facility for electric vehicles. Capital investment in the project is expected to be at least $1.2 billion, with a production capacity of up to 15 gigawatt-hours...
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  • Events, Trends, and Forecasts: October 14 – 18

    BY Lara Browne
    When discussing the aluminium market, China is always the focal point as both the largest producer and consumer of aluminium globally. Prices for the metal are closely tied to developments there, and currently, there are signs of a slowdown in aluminium demand in China, which is poised to impact the global market. Meanwhile, transformation processes...
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  • Events, Trends, and Forecasts: October 7 – 11

    BY Lara Browne
    The global lithium market is abuzz with Rio Tinto’s acquisition of Arcadium Lithium for a record amount, a move that could reshape the landscape for lithium producers. Additionally, a new player may enter the copper market, while significant changes loom for the aluminium and zinc sectors. TotalEnergies Eyes Entry into Copper Market French oil and...
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  • Events, Trends and Forecasts: September 30 – October 4

    BY Lara Browne
    The first week of October 2024 has concluded, bringing significant updates that shape the current state and outlook of the global non-ferrous metals market. Below are some of the key highlights. LME Eyes Hong Kong for Non-Ferrous Metal Warehouses The London Metal Exchange (LME) is considering several locations near Hong Kong to establish non-ferrous metal...
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