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UK based Morgan Motor Company is to continue its technology drive with the launch of new models based on its recently introduced CX-Generation aluminium platform.

Posted By : Rabi Wangkhem 1 day 14 hours 7 minutes ago
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Novelis emphasized its commitment towards shaping the future for mobility at Volvo Cars Sustainability Dialogue 2019 in Gothenburg in Sweden by highlighting the closed-loop recycling system it implemented with Volvo...

Posted By : Rabi Wangkhem 1 day 14 hours 9 minutes ago
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NOVONIX Limited announced that it has reached conditional agreement to supply lithium-ion battery anode material to SAMSUNG SDI, an international manufacturer of lithium-ion batteries.

Posted By : Rabi Wangkhem 1 day 14 hours 10 minutes ago
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Drewry said that Chile has been facing severe unrest for more than a month now, with a state of emergency declared in some parts of the country and curfew imposed in many regions.

Posted By : Rabi Wangkhem 1 day 14 hours 12 minutes ago
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Constellium SE announced that its casting and rolling operations in Singen, Germany, were granted the Chain of Custody certification by the Aluminium Stewardship Initiative.

Posted By : Rabi Wangkhem 1 day 14 hours 20 minutes ago
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ING analysts said that aluminium has not had a great year losing 6% year-to-date due to trade war fears and waning downstream demand and they expect the bearish sentiment to continue well into 2020.

Posted By : Rabi Wangkhem 2 days 13 hours 27 minutes ago
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Reuters reported that global refined copper production edged lower in November after some smelters temporarily shut for maintenance.

Posted By : Rabi Wangkhem 2 days 13 hours 28 minutes ago
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China’s copper producer Jiangxi Copper has signed an agreement to buy the entire equity interest in PIM Cupric Holdings, which owns a 17.6% stake in First Quantum Minerals, for USD 1.1 billion from investment company...

Posted By : Rabi Wangkhem 2 days 13 hours 31 minutes ago
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Reuters reported that according to new government regulations, Indonesia will double royalties on sales of the nickel ore to 10% while also adjusting the charges for other minerals.

Posted By : Rabi Wangkhem 2 days 13 hours 33 minutes ago
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The Edge Market reported that Warehousing firm ISTIM UK held 35% of total aluminium stocks in London Metal Exchange-registered warehouses in its Malaysian facilities by the end of November.

Posted By : Rabi Wangkhem 2 days 13 hours 35 minutes ago
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Fitch Solutions analysts in a report this week said that copper prices in 2020 are expected to suffer from ongoing macroeconomic concerns and weak market sentiment as a result of sustained trade tensions between the US...

Posted By : Yogender Pancholi 3 days 14 hours 14 minutes ago
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2019 has proved to be a landmark year for nickel, which rose by whooping 77% in first 9 months on supply fears to USD 18850 per tonne on London Metal Exchange related to an export ban from the world's number one...

Posted By : Yogender Pancholi 3 days 14 hours 17 minutes ago
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Pittsburgh US based Aluminum Association has objected to exclusion requests under Section 301 tariffs for aluminum can sheet imported from China. Aluminum Association in a letter of objection to the Office of the US...

Posted By : Yogender Pancholi 3 days 14 hours 22 minutes ago
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Ashland Kentucky based manufacturer of metals for the global transportation, tool making, and food and beverage industries Braidy Industries Inc has named Mr Mike Otero as Chief Operating Officer, effective January 6,...

Posted By : Yogender Pancholi 3 days 14 hours 26 minutes ago
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The curvaceous, aluminium-clad form of Liyang Museum in China was designed by architecture practice CROX to look like a traditional musical instrument. The aluminium blob sits atop an undulating landscaped form and sits...

Posted By : Yogender Pancholi 4 days 13 hours 40 minutes ago
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Business Standard reported that state run producer National Aluminium Company Ltd plans to reboot its strategy on alumina sales in international markets to avoid risking all its surplus alumina in the spot markets, a...

Posted By : Yogender Pancholi 4 days 13 hours 43 minutes ago
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Chinese Ministry of Ecology and Environment’s China Solid Waste and Chemicals Management Bureau announced last week a new batch of import quotas of 7,970 tonnes for high grade Category Six copper scrap, down from the...

Posted By : Yogender Pancholi 4 days 13 hours 44 minutes ago
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Union Petroleum Minister Mr Dharmendra Pradhan has requested the Centre to restart the project for upgradation of infrastructure at Angul Aluminium Park in Odisha. In a letter to Union Commerce and Industry Minister...

Posted By : Yogender Pancholi 4 days 13 hours 48 minutes ago
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Reuters reported that Portland smelter will need cheaper, more reliable power to keep its smelter in Australia open beyond 2021 when its current supply deal ends. Alumina Ltd CEO Mr Mike Ferraro said “We would ideally...

Posted By : Yogender Pancholi 4 days 13 hours 51 minutes ago
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Mr Sanjeev Gupta’s GFG Alliance has agreed to buy Novelis’s Duffel BVBA aluminium plant in Belgium for an undisclosed sum. The Duffel plant produces around 240,000 tonnes of semi-finished aluminium products, largely...

Posted By : Arun Huidrom 5 days 14 hours 51 minutes ago
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Rio Tinto and US aluminium producer Alcoa's joint venture ELYSIS announced that Apple has moved ahead with the acquisition of the first commercial batch of a

Posted By : Arun Huidrom 5 days 14 hours 52 minutes ago
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General Administration of Customs data showed that China’s copper imports, including anode, refined and semi-finished copper products, rose 12.1% in November to 483,000 tonnes, highest since September 2018, up from...

Posted By : Arun Huidrom 5 days 14 hours 54 minutes ago
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SGX listed Indonesian nickel mining group Silkroad Nickel Ltd announced that, together with its subsidiary PT Teknik Alum, has signed a binding definitive hea

Posted By : Arun Huidrom 5 days 15 hours 2 minutes ago
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Reuters reported that Indonesia's Energy and Mineral Resources Ministry minerals director Mr Yunus Saefulhak said that Indonesia expects to have 29 nickel smelters operating by 2022, with total annual input capacity of...

Posted By : Arun Huidrom 5 days 15 hours 3 minutes ago
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Europe’s biggest copper smelter Aurubis AG said that an accident at its plant in Olen in Belgium in November has disrupted copper production but that deliveries to customers are continuing normally.

Posted By : Rabi Wangkhem 8 days 13 hours 46 minutes ago
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Currency Rates
USDValueDoDWoWMoMQoQYoY
USD1.0000.0000.0000.0000.0000.000
AUD1.445-0.009-0.023-0.004-0.0230.058
BRL4.091-0.033-0.1140.079-0.0040.187
CAD1.3160.000-0.0130.002-0.006-0.021
CNY6.973-0.059-0.098-0.043-0.1620.088
EUR0.895-0.003-0.008-0.004-0.0120.013
GBP0.742-0.001-0.027-0.034-0.075-0.057
INR70.740-0.001-1.0180.025-1.221-1.280
JPY109.5640.9431.0940.7613.027-3.869
RUB62.738-0.540-1.437-0.646-3.357-3.567
ZAR14.459-0.236-0.174-0.292-0.2990.176
DoD - Previous Day, WoW - Last Day, MoM - Last 30 Days As on Dec 13 2019
Source : xe.com