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Sanjeev Gupta’s Liberty House Group has acquired a top UK manufacturer of cast aluminium engine and vehicle components in a rescue deal that helps save the jobs of around 550 automotive workers.

Posted By : Rabi Wangkhem 3 hours 34 minutes ago
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See News reported that the government of Bosnia's Federation said it will take action to abolish the import tax on unalloyed aluminium at the request of local aluminium smelter Aluminij.

Posted By : Rabi Wangkhem 3 hours 37 minutes ago
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The Telegraph reported that Glencore has agreed to invest up to 66m reais (GBP 16.16 million) in Brazilian copper producer Paranapanema, taking a 5pc stake the group, after earlier this year voicing expectations copper...

Posted By : Rabi Wangkhem 3 hours 39 minutes ago
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Business Standard reported that Hindustan Zinc Ltd, India's biggest zinc miner, posted an 81% jump in quarterly profit on Thursday, boosted by higher income from zinc operations and an increase in the metal prices.

Posted By : Rabi Wangkhem 3 hours 41 minutes ago
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Metalloinvest Cyprus, an indirect subsidiary of Russian iron ore producer Metalloinvest, will sell its entire 1.79 percent stake in miner Norilsk Nickel through an accelerated bookbuild, the bookrunner said on Thursday.

Posted By : Rabi Wangkhem 3 hours 43 minutes ago
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Kaiser Aluminum Corporation announced second quarter 2017 results, reporting net income of USD 5 million, or USD 0.27 earnings per diluted share, down from net income and earnings per diluted share of USD 26 million and...

Posted By : Rabi Wangkhem 3 hours 47 minutes ago
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Biznisafrica.com reported that South32 posted a record performance at Mozal Aluminium underpinned a 2% increase in total aluminium production in FY17 as our smelters continued to operate at their maximum technical...

Posted By : Rabi Wangkhem 3 hours 51 minutes ago
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Business Times reported that BHP will spend AUD 350 million to boost capacity by about 6% at its under performing Olympic Dam copper smelter, cutting production during the upgrade.

Posted By : Rabi Wangkhem 3 days 3 hours 47 minutes ago
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Gladstone Observer reported that speculation is rising over a possible sale of Rio Tinto's aluminium assets in Gladstone. It's believed a portfolio of Rio Tinto's Gladstone assets, including Queensland Alumina Limited,...

Posted By : Rabi Wangkhem 3 days 3 hours 49 minutes ago
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Leading copper producer La Farga will bring production know-how to Danieli plant making competence for the most competitive future installations.

Posted By : Rabi Wangkhem 3 days 3 hours 51 minutes ago
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USDValueDoDWoWMoMQoQYoY
USD1.0000.0000.0000.0000.0000.000
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CAD1.254-0.004-0.021-0.068-0.077-0.051
CNY6.761-0.002-0.018-0.034-0.1240.089
EUR0.857-0.002-0.017-0.035-0.085-0.049
GBP0.768-0.001-0.007-0.016-0.0300.012
INR64.4480.1240.0120.1060.043-2.777
JPY111.056-0.677-1.9280.9722.6574.113
RUB59.4330.396-0.6662.5203.194-4.214
ZAR12.893-0.118-0.3490.131-0.535-1.418
DoD - Previous Day, WoW - Last Day, MoM - Last 30 Days As on Jul 24 2017
Source : xe.com