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Alcoa expects fourth quarter growth in alumina segment
U.S.-based multinational Alcoa Corporation, the world's leading aluminum producer, has announced expectations for improved performance in its alumina segment for the fourth quarter of 2024. The news was announced by chief financial officer, Molly S. Beerman, during...
European steel industry facing unprecedented crisis: EUROFER’s appeal to EU leaders
The European steel industry is facing one of the most serious crises in decades, a situation comparable to that experienced during the 2009 financial and economic crisis. In an urgent appeal to the presidents of EU member states, the European Steel Association...
Saudi Arabia and copper: Manara Minerals in talks to acquire a stake in First Quantum’s mines in Zambia
Saudi Arabia is consolidating its position in the global mineral resources market with a strategic move that could have a significant impact on the metals sector, which is essential to the global energy transition. Saudi mining company Manara Minerals, a joint venture...
Aluminum production growth in China: an overview of September 2024 and future prospects
In September 2024, aluminum production in China increased by 1.45 percent year-on-year, a result in line with expectations from the Shanghai Metal Market (SMM). This increase was driven by the resumption of operations in Sichuan and Guizhou provinces after technical...