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Research house Antaike said that China's aluminium consumption is seen falling for the first time in 30 years this year as both domestic demand and exports decline.

Posted By : Rabi Wangkhem 1 day 23 hours 45 minutes ago
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Mr Satish Pai MD of Hindalco in an interview with Mubina Kapasi of ETNOW said that “Our international businesses have done very well but the Indian businesses of course have felt the impact of the slowdown that we...

Posted By : Rabi Wangkhem 1 day 23 hours 47 minutes ago
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First Cobalt Corp is in advanced talks with Canada's Ontario province to finance the CAD 37.5 million required to restart its idled cobalt refinery.

Posted By : Rabi Wangkhem 1 day 23 hours 48 minutes ago
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Metro Mining Limited has provided the following update regarding financing for Stage 2 Expansion of the Bauxite Hills Mine north of Weipa on Eastern Cape York.

Posted By : Rabi Wangkhem 1 day 23 hours 50 minutes ago
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The Abu Dhabi National Oil Company announced that it has signed a long term agreement with Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside the oil and gas sector,

Posted By : Rabi Wangkhem 1 day 23 hours 53 minutes ago
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China Nonferrous Metals Industry Association’s research arm Antaike that a push to ease restrictions on high quality scrap copper imports into China may run into technical obstacles.

Posted By : Rabi Wangkhem 1 day 23 hours 54 minutes ago
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Reuters quoted Mr Heru Pambudi, the director general of the Indonesian customs office, as saying that Indonesia has allowed nine companies to resume nickel ore exports after inspections into reports of ore export rules...

Posted By : Rabi Wangkhem 3 days 51 minutes ago
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Reuters reported that China Molybdenum Co plans to take an indirect 30% stake in an Indonesian nickel project as it looks to increase its exposure to the growing market for battery metals.

Posted By : Rabi Wangkhem 3 days 53 minutes ago
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Emirates Global Aluminium announced that the first Capesize vessel has sailed from its bauxite mining subsidiary Guinea Alumina Corporation in the Republic of Guinea.

Posted By : Rabi Wangkhem 3 days 55 minutes ago
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Aleris Corporation reported results for the three and nine months ended September 30, 2019. Aleris Chairman and CEO Mr Sean Stack said that "Our global aerospace and automotive capabilities along with our North America...

Posted By : Rabi Wangkhem 3 days 57 minutes ago
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Azerbaijan’s Azeraluminium LLC began to produce cylindrical billets from aluminium ingots as a result of the establishment of cooperation ties with the Sumgait Technologies Park.

Posted By : Rabi Wangkhem 3 days 59 minutes ago
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RNZ reported that security guards at Papua New Guinea's Ramu Nickel Mine have denied access to scientists and medical practitioners investigating a toxic slurry spill in Madang Province.

Posted By : Rabi Wangkhem 3 days 1 hour 1 minute ago
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Manaksia Aluminium Company sales decline 5.33% to INR 66.99 crore. Net profit of Manaksia Aluminium Company declined 55.67% to INR 1.29 crore in the quarter ended September 2019 as against INR 2.91 crore during the...

Posted By : Rabi Wangkhem 3 days 1 hour 4 minutes ago
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Aditya Birla Group’s Novelis Inc, which is facing an anti-trust lawsuit in the US over its acquisition of Aleris Corp, expects to close the deal by 21 January, the outside date under the original merger agreement. Mr...

Posted By : Arun Huidrom 4 days 1 hour 25 minutes ago
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Iranian SALCO aluminum smelter the city of Lamerd in the Southern tip of the Fars province and near the Persian Gulf will be partially opened in the upcoming weeks with an annual rate of 300,000 tonnes of aluminum...

Posted By : Arun Huidrom 4 days 1 hour 28 minutes ago
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Vedanta Resources has urged the South African government to provide it with certainty on issues ranging from infrastructure development to fiscal stability for the second phase expansion of its Gamsberg zinc mine in the...

Posted By : Arun Huidrom 4 days 1 hour 30 minutes ago
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AVZ Minerals Limited advised an equity placement of AUD 14.1 million by Yibin Tianyi Uthium Industry Co Ltd through the issue of 314,300,000 shares at 4.5 cents per share. Upon completion of the placement, Yibin Tianyi...

Posted By : Arun Huidrom 4 days 1 hour 34 minutes ago
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China Nonferrous Metals Industry Association Recycling Metal Branch has set new standards for secondary copper and secondary aluminium raw materials are expected to come into force at the start of next year at the...

Posted By : Arun Huidrom 4 days 1 hour 35 minutes ago
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State owned Hindustan Copper said its board will on Thursday consider a proposal to increase the borrowing limit of the company to INR 850 crore. The board will consider a proposal for raising borrowing limit of the...

Posted By : Arun Huidrom 4 days 1 hour 37 minutes ago
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Nickel Asia Corp said that its net profit fell 43% in the nine months to September due to weak nickel prices as well as a stronger peso and investments in loss-making processing plants. In a disclosure, the miner said...

Posted By : Arun Huidrom 4 days 1 hour 38 minutes ago
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Nickel prices fell on Monday as stocks in China's exchange warehouses rose to 18 months high and top ore producer Indonesia resumed exports.

Posted By : Rabi Wangkhem 4 days 23 hours 30 minutes ago
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General Administration of Customs showed that China’s imports of copper concentrate in October expanded 23%MoM to 1.91 million tonnes, after two consecutive months of declines, and up by 22% YoY.

Posted By : Rabi Wangkhem 4 days 23 hours 32 minutes ago
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Researchers from the Indian Institute of Foreign Trade have red flagged the import of finished copper products under Free Trade Agreements and proposed to reinstate a 2 per cent export incentive on Copper Cathodes and...

Posted By : Rabi Wangkhem 4 days 23 hours 34 minutes ago
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Companhia Brasileira de Alumínio has successfully achieved Certification to the Aluminium Stewardship Initiative Performance Standard and Chain of Custody Standard for several of its facilities in Brazil, including the...

Posted By : Rabi Wangkhem 4 days 23 hours 36 minutes ago
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Albemarle Corporation announced its results for the third quarter ended Sept. 30, 2019. Mr Luke Kissam, Albemarle CEO, said "During the third quarter, Albemarle grew net sales by 14%, adjusted EBITDA by 12%, and...

Posted By : Rabi Wangkhem 4 days 23 hours 39 minutes ago
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Currency Rates
USDValueDoDWoWMoMQoQYoY
USD1.0000.0000.0000.0000.0000.000
AUD1.4720.0020.022-0.014-0.0040.087
BRL4.1960.0260.2020.1100.2270.410
CAD1.323-0.0030.006-0.010-0.005-0.002
CNY7.018-0.0010.011-0.126-0.0270.068
EUR0.907-0.0020.005-0.0060.0150.023
GBP0.777-0.0010.000-0.043-0.0450.006
INR71.748-0.3470.7880.5110.867-0.484
JPY108.588-0.155-0.3831.5102.531-5.321
RUB63.933-0.3380.334-1.339-1.262-3.157
ZAR14.795-0.1440.004-0.479-0.1760.463
DoD - Previous Day, WoW - Last Day, MoM - Last 30 Days As on Nov 15 2019
Source : xe.com