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Since the start of 2024, the global alumina market has faced constant supply disruptions, leading to a steady price increase. On October 14, the Shanghai Futures Exchange’s (SHFE) main alumina ...
The new investment will be in setting up a 6 million tonne per annum (MTPA) alumina refinery and a 3MTPA green aluminium plant, a statement from Vedanta said. It will create 2 lakh jobs in the state ...
Alumina prices have soared to record highs this week, compressing margins at the world's aluminium smelters which convert the intermediate product into metal. The London Metal Exchange (LME) cash ...
Alcoa Corp. shares jumped as much as 10% in late trading as strong alumina prices boosted quarterly earnings to the highest in more than two years. Alumina futures extended a record rally this ...
Alumina is the latest in a long string of commodities this year to enjoy a spontaneous boost, with prices on the Shanghai Metal Exchange jumping 6.4% on Friday last week to 4,630 yuan ($971) a tonne ...
PITTSBURGH, October 15, 2024--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) today announced an agreement to supply up to 16.5 million tonnes of smelter grade alumina to Aluminium Bahrain ...
A crisis is brewing in the aluminium supply chain as shortages drive the price of the metal's critical ingredient, alumina, to an all-time high of $645 a ton, close to double the $330/t at the end ...