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Aluminium: yesterday’s rebound supported by low stocks and Chinese data
Aluminium prices rose on Wednesday from seven-month lows, supported by falling inventories and strong industrial production data from China, as traders wait to see how aggressively the US central bank will raise rates. The strengthening Chinese data took the market by...
Aluminum: metal extends losses as recession outlook weighs on demand
Aluminum prices accentuated losses Tuesday as investors fear that new closures in major consumer China and a potential global recession could reduce demand for the metal. The most-traded July aluminum contract in Shanghai closed daytime trading down 1 percent at...
Aluminum: Ghana wants to become an integrated producer
Ghana, known for its abundant bauxite reserves, is now aiming to create an integrated aluminum industry in the country. With this goal in mind, Ghana is campaigning and doing its best to find a strategic partner to help improve the state-owned Volta Aluminium...
New working group created to monitor truce between Las Bambas and indigenous communities
Peru's executive power has launched a temporary working group to keep track of commitments agreed upon between Chinese miner MMG and indigenous communities protesting its Las Bambas copper mine. The announcement, published in the official gazette El Peruano, follows...