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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...
Recovery and Challenges of the German Plastics Industry
After two difficult years, the plastics industry in Germany is showing the first signs of recovery, according to data published by Plastics Europe Deutschland. In the second quarter of 2024, plastics production increased by 2.2 per cent compared to the previous...
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...