* Chalco says Shandong unit subject to ‘flexible production’ * Says is considering transformation, upgrade of plant * Company has closed 850kt of capacity since 2018 – consultancy Aluminum Corp of China , known as Chalco, said late on...
Read moreGerman auto maker giant Volkswagen has just upped its bet on electric vehicles (EVs) by overhauling its Salzitter plant to focus on production processes for battery cells for the new generation of cars, which the company plans to also start...
Read moreGlobal aluminium production grew at its slowest pace in a decade in 2018, and most of that was in the first half of the year. Output totalled 64.34 million tonnes, according to the International Aluminium Institute (IAI), up by just 1.5 percent...
Read moreRepresentatives from China’s biggest aluminum producers will hold a meeting in the southern region of Guangxi to discuss slumping demand and falling prices, three sources familiar with the matter said on Wednesday. The producers held a...
Read moreClick here to find more details This is NAI’s new China News Weekly. We will be covering the latest Chinese foreign investment trends every week. To continue to receive our China News Weekly, please click Here to subscribe.
Read moreChina’s Qianhai Mercantile Exchange (QME) plans to add more commodities to its spot trading platform, possibly including metals needed for electric vehicles. The QME, owned by Hong Kong Exchanges and Clearing (HKEX) (0388.HK), launched spot...
Read moreCopper prices are due to rebound next year as healthy supply/demand fundamentals overcome macro-economic worries, but zinc will be held back by rising output, a Reuters poll showed. The London Metal Exchange index of industrial metals has shed 13...
Read moreQianhai Mercantile Exchange (QME), a Shenzhen-based commodity trading platform controlled by Hongkong Exchange (HKEX) Group, began trading on Friday, the bourse said in a statement. QME, which so far is only trading physical alumina, said it...
Read moreNew steel and alumina contracts have the best chance of succeeding as the London Metal Exchange (LME) unleashes 10 new products early next year in an attempt to compete more effectively with rival exchanges, industry sources said. The new...
Read moreChina’s aluminum producers cut output by 3 percent in August from the month before, government data showed on Friday, as high raw material costs squeeze their profit margins. China, the world’s biggest aluminum producer, churned out 2.84 million...
Read moreClick here to find more details This is NAI’s new Resource Weekly. We will be covering the latest news in Mining, and Oil and Gas sectors every week. To continue to receive NAI’s Resource Weekly, please click Here to subscribe.
Read moreA unit of Beijing’s Tsinghua University on Tuesday said it would buy aluminum smelter Xinjiang Tianshan for an estimated 23.6 billion yuan ($3.69 billion), in the second major deal in China’s aluminum industry in just over two weeks. Xiamen...
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