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Vedanta Aluminium Prepares for EU CBAM Challenge
The European Union (EU) has recently introduced an ambitious measure to tackle climate change: the Carbon Border Adjustment Mechanism (CBAM). This carbon tariff applies to carbon-intensive products such as aluminium, iron, steel, hydrogen, electricity, cement and...
Rio Tinto Invests US$165 Million in Grande-Baie Aluminium Foundry
Rio Tinto, a leading global mining company, has announced a significant investment of $165m (A$226m) to renovate two anode baking furnaces at its Grande-Baie aluminium smelter, located in the Saguenay-Lac-Saint-Jean region of Quebec. This investment represents not...
Growth of Alumina Stocks in China: A Detailed Analysis of the Market
The beginning of June brought significant news for the aluminum sector in China, with an analysis of the Shanghai metals market showing a buildup of alumina stocks at the country's aluminum smelters, and a notable increase in aluminum production. These developments...
India and the European Union: A Standoff on Steel Safeguard Duties
The recent lack of agreement between India and the European Union (EU) on the issue of trade concessions and offsets highlights the complex dynamics of global trade relations. On Tuesday, June 18, government officials said the two sides failed to agree on the level of...