In 2015, China produced just over half of the world’s aluminum and its demand for bauxite has been increasing year-on-year, according to a report from Roskill Information Services. Following Indonesia’s decision to implement a ban on the export of unprocessed ores, China turned to Malaysia in an attempt to fill the void in its bauxite […]
By Phil Black. The aluminum industry has an opportunity now to leave a lasting legacy of Spent Potliner (SPL) management that boosts the industry’s ongoing reputation for sustainability. Expensive Legacy Primary aluminum smelters have spent many millions on improved pot linings, squeezing the last available drop from the energy efficiencies in cathodes, ramming materials, and […]
By Dr. Gao Bingliang, School of Metallurgy, Northeastern University Editor’s Note: This article is a companion piece to “Innovations in Aluminum Production Technology at Northeastern University, Shenyang, China,” also by Gao, which appeared in the February 2016 issue of Light Metal Age. Introduction The Chinese aluminum smelting industry has gone through tremendous growth during the […]
October 7 – “LME rules strain trader-warehouse storage talks,” American Metal Market “LME warehouse reforms to cap rents for material covered by warrants that have been canceled for more than 30 days, as well as to control “excessive incentives,” have made warehouse companies wary about bidding for aluminum.” October 8 – “New Products,” London Metal […]
August 4 – “Aluminium prices not curbing Chinese output,” The Australian Business August 19 – “Is another showdown looming on aluminium spreads?” Gulf Times August 20 – “LME plans to introduce ‘market-making’ programs,” Platts The London Metal Exchange said Thursday it plans to introduce market-making programs to support the launch of new products and enhance […]
CME Group announced that the first Aluminium European Premium Duty-Unpaid futures contracts were traded on September 22, 2015 by Crunch Risk, LLC. A total of 10 futures contracts traded at a price of $72.50 per tonne. “We’re pleased to see early support for our new Aluminium European Premium futures, which are an outgrowth of our […]
Alcoa is entering upon a multi-year transformation with the plan to separate into two independent, publicly-traded companies — an Upstream company and a Value-Added company. “Inventing and reinventing has defined our company throughout its 126-year history,” said Klaus Kleinfeld, chairman and chief executive officer, Alcoa. “In the last few years, we have successfully transformed Alcoa to […]
The Chinese Non-Ferrous Metals Industry Association (CNIA) recently called for the Chinese government to remove a long-standing 15% export tax on primary aluminum. The CNIA “appealed to all relevant national authorities to eliminate as soon as possible the provisional export tariff on aluminum to achieve integration of domestic and international aluminum markets.” The Chinese government, which […]
