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Reuters reported that Chinese tin smelters have announced their intention to cut production in the face of low prices.

Posted By : Rabi Wangkhem 16 hours 22 minutes ago
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Reuters reported that London Metal Exchange’s plans to allow extended queues for loading out metal will enable warehouses in its network to boost their profits by holding metal for longer, but consumers will face...

Posted By : Rabi Wangkhem 16 hours 24 minutes ago
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SMM reported that production of zinc concentrate in China inched up 0.8% from a month ago but declined 7.3% from a year ago to 359,900 tonne in Zn content in August.

Posted By : Rabi Wangkhem 16 hours 26 minutes ago
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Vedanta Aluminium has announced the formal launch of its newest product line, Primary Foundry Alloy for the Indian automotive industry. The company has unveiled the product at the 59th Society of Indian Automobile...

Posted By : Rabi Wangkhem 16 hours 28 minutes ago
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MX3D the Netherlands has produced a lightweight aluminium bicycle frame the Arc Bike II using its Wire-Arc Additive Manufacturing technology.

Posted By : Rabi Wangkhem 16 hours 30 minutes ago
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Reuters reported that Indonesia will consider expediting an export ban on minerals such as bauxite, tin, and alumina, among others, subject to the scale of investment.

Posted By : Rabi Wangkhem 16 hours 33 minutes ago
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Reuters reported that Philippines’ mining watchdog has recommended lifting the suspension of a small sized nickel miner, one of several ore producers ordered in 2016 to halt operations in an industry-wide crackdown.

Posted By : Rabi Wangkhem 3 days 16 hours 41 minutes ago
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Largest global manufacturer of medium-and heavy-duty fully automatic transmissions Allison Transmission Holdings Inc has acquired Walker Die Casting and C&R Tool and Engineering in a deal worth approximately USD 103...

Posted By : Rabi Wangkhem 3 days 16 hours 43 minutes ago
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SMM reported that Xinjiang based metal materials processor Hoshine Innovative Material will later this month conduct equipment adjustment for its aluminium alloy special materials project,

Posted By : Rabi Wangkhem 3 days 16 hours 46 minutes ago
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UNI reported that coal shortage forced the public sector National Aluminium Company to import power from the state grid due to low power generation in its captive power plant.

Posted By : Rabi Wangkhem 3 days 16 hours 51 minutes ago
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Mining com reported that Chinese lithium miner Tianqi has shelved plans to complete a AUD 300 million second phase expansion at the world’s largest lithium hydroxide plant as an oversupply of the commodity continues...

Posted By : Rabi Wangkhem 3 days 16 hours 53 minutes ago
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Reuters reported that large mining companies welcomed a recent decision by the Indonesian government to move forward a ban on exporting nickel ore, as the firms aim to increase smelting output.

Posted By : Rabi Wangkhem 3 days 16 hours 55 minutes ago
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A newly released report by the Aluminum Association and the Can Manufacturers Institute shows that aluminum cans continue to outperform competitive packaging types on a number of key sustainability metrics.

Posted By : Rabi Wangkhem 3 days 16 hours 57 minutes ago
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The Recycling Li-ion batteries for electric Vehicle project, founded by Eramet, BASF and SUEZ, will receive a substantial funding of EUR 4.7 million by EIT Raw Materials, a consortium initiated and funded by the...

Posted By : Rabi Wangkhem 3 days 17 hours 1 minute ago
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Hydro has signed an agreement with Hammerer Aluminium Industries for the sale of Hydro Extrusion SRL, an extrusion plant located in Romania.

Posted By : Rabi Wangkhem 4 days 15 hours 41 minutes ago
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According to Shanghai Metals Market, casting and processing operation of aluminium rod, coil, and plate producers in Gongyi, Jiaozuo and Zhengzhou cities of Henan province are affected to varying degrees since September...

Posted By : Rabi Wangkhem 4 days 15 hours 43 minutes ago
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Reuters quoted Philippine government data as saying that nickel ore output in the Philippines, one of the world’s top two producers of the material for stainless steel and batteries, rose 3% in the first half.

Posted By : Rabi Wangkhem 4 days 15 hours 45 minutes ago
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Alcoa Corporation global leader in bauxite, alumina, and aluminum products, announced that, effective November 1, 2019, it will implement a new operating model that will result in a leaner, more integrated,...

Posted By : Rabi Wangkhem 4 days 15 hours 48 minutes ago
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As part of the strategic review of Rolled Products, Hydro has decided to initiate a comprehensive restructuring program in its rolling business with the aim to significantly improve profitability.

Posted By : Rabi Wangkhem 4 days 15 hours 50 minutes ago
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Lots of bike brands are dabbling with 3D printing these days, whether it’s custom saddles from Specialized or dropouts on the Mason Aspect. The latest project to wing its way into our inbox is the bonkers looking...

Posted By : Rabi Wangkhem 4 days 16 hours 6 minutes ago
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According to the latest Mineral Industry Survey report from US Geological Survey, Malaysia’s total imports of aluminium including scrap from the US stood at 21,600 tonnes in June 2019, 43.05% higher than the...

Posted By : Rabi Wangkhem 4 days 16 hours 8 minutes ago
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NST reported that Malaysian government has finalized the standard operating procedure for bauxite mining activities and exportation in Pahang, which will be enforced with immediate effect beginning September 5th 2019.

Posted By : Rabi Wangkhem 5 days 15 hours 50 minutes ago
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Lusaka Times reported that Zambia Chamber of Mines has projected a 100,000 tonnes drop in copper production this year.

Posted By : Rabi Wangkhem 5 days 15 hours 52 minutes ago
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SeeNews reported that China's Zijin Mining Group plans to invest USD 474 million in the development of the Cukaru Peki Upper Zone mine of the Timok copper-gold project in eastern Serbia.

Posted By : Rabi Wangkhem 5 days 15 hours 54 minutes ago
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Manila Times quoted Fitch Solutions Macro Research as saying that mining firms are set to recover this year, nickel production in the country is expected to grow at an annual average rate of 2.5% over the next decade.

Posted By : Rabi Wangkhem 5 days 15 hours 56 minutes ago
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Currency Rates
USDValueDoDWoWMoMQoQYoY
USD1.0000.0000.0000.0000.0000.000
AUD1.454-0.001-0.013-0.0390.0180.061
BRL4.0850.024-0.0110.1250.208-0.099
CAD1.3230.0010.001-0.006-0.0040.020
CNY7.071-0.008-0.0640.0230.1400.204
EUR0.9030.001-0.0040.0110.0180.045
GBP0.802-0.001-0.015-0.0200.0130.038
INR71.4530.410-0.5090.5131.840-0.436
JPY107.822-0.1431.2841.717-0.823-4.272
RUB63.900-0.451-2.195-1.346-0.836-4.034
ZAR14.6410.087-0.117-0.318-0.248-0.263
DoD - Previous Day, WoW - Last Day, MoM - Last 30 Days As on Sep 16 2019
Source : xe.com