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Arconic Inc announced an investment of approximately USD 100 million to expand its hot mill capability and add downstream equipment capabilities to manufacture industrial and automotive aluminum products in its...

Posted By : Rabi Wangkhem 2 days 16 hours 40 minutes ago
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Aldel located in Delfzijl announced the reopening of potline one following the purchase of the business by York Capital in 2017. This is part of the on-going capital investment in both equipment and people as the plant...

Posted By : Rabi Wangkhem 2 days 16 hours 43 minutes ago
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CNBC TV18 quoted Mr Satish Pai, managing director of Hindalco Industries as saying that there was a slight dip in margins on QoQ because of weak aluminium London Metal Exchange price.

Posted By : Rabi Wangkhem 2 days 16 hours 46 minutes ago
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Reuters reported that Japan’s Mitsubishi Materials Corp cut its sales estimate of copper cathode at its Indonesia copper smelting unit, PT Smelting, by 32,000 tonnes from its November forecast to 237,000 tonnes for...

Posted By : Rabi Wangkhem 2 days 16 hours 49 minutes ago
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Reuters reported that aluminium stocks held at three major Japanese ports at the end of January fell 0.7 percent from the previous month to 314,500 tonnes. Marubeni Corp said it collects data from the ports of...

Posted By : Rabi Wangkhem 2 days 16 hours 51 minutes ago
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Solomon Star News reported that AXIOM is set to make its first shipment of nickel ore from Isabel Province next month. This has been long time in the making as the nickel deposits were discovered way back in the 1950s...

Posted By : Rabi Wangkhem 2 days 16 hours 54 minutes ago
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The production record was driven by increased production from the BHP operated Escondida mine that increased its production 34% to a record 1.2 million tonne. Meanwhile, state copper company Codelco produced 1.7 million...

Posted By : Rabi Wangkhem 3 days 15 hours 43 minutes ago
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2018 net sales were USD 7,096.7 million, the highest in our history and 6.6% higher than 2017, principally due to higher prices of copper (+4.6% COMEX), molybdenum (+45.9%) and zinc (+1.5%). While copper sales...

Posted By : Rabi Wangkhem 3 days 15 hours 45 minutes ago
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Hindalco standalone plus Utkal Alumina net debt to EBITDA (on TTM basis) improves to 2.36x as on 31 December 2018 from 2.67x as on 31 March 2018 Copper VAP (CC rod) production higher by 59 per cent - Share of VAP (rods)...

Posted By : Rabi Wangkhem 3 days 15 hours 48 minutes ago
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Aluminium Insider reported that stricter environmental standards and greater pressure on the black market led to a significant jump in bauxite imports to the People’s Republic of China last year, shrinking domestic...

Posted By : Rabi Wangkhem 3 days 15 hours 50 minutes ago
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USDValueDoDWoWMoMQoQYoY
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EUR0.8870.0050.0090.0130.0060.084
GBP0.780-0.0010.006-0.0040.0120.066
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