Loading
Alcoa Sells Its Joint Venture Interest with Ma’aden for $1.1 Billion
On 15 September 2024, Alcoa Corporation announced that it had entered into a binding share purchase and subscription agreement with the Saudi Arabian Mining Company (Ma'aden). Under this agreement, Alcoa will sell its entire 25.1 per cent stake in their joint venture...
US Confirms Section 301 Tariffs on Imports of Steel, Aluminium and Critical Minerals from China
The US government announced the confirmation of Section 301 tariffs on a wide range of raw material imports from China, including steel, aluminium, lithium ion batteries, graphite, and other critical minerals. This decision was made official on 13 September by the...
Primary Aluminium Production in China: Stability and Trends in 2024
Primary aluminium production in China continued to maintain significant stability in August 2024, despite potential issues related to energy shortages in Sichuan Province. According to data compiled by the Shanghai Metals Market (SMM), production did not decline...
Iron Ore Market Outlook: Analysis of Current Trends
During 2024, the iron ore market experienced a difficult phase, characterised by a significant drop in prices and growing uncertainty over global demand. This material, which is essential for steel production, saw its prices fall below USD 90 per tonne for the first...