LME prices surge as Rio Tinto declares force majeure on alumina
Rio Tinto alumina shipments disrupted; Protestors hold up aluminum waste relocation in Thailand.
Rio Tinto alumina shipments disrupted; Protestors hold up aluminum waste relocation in Thailand.
The LME 3-month price is moving higher on the morning of 12 March and was last seen trading at $2,263 /t. The LME has increased by around $30 /t since the start of the week amid a softer dollar in anticipation of US CPI inflation data later today. SHFE aluminium was broadly stable today again. […]
Aluminum Roundup: IAI reports aluminum industry greenhouse gas emissions declined in 2022
Pittsburgh-based aluminum company Alcoa wants to acquire its Australian partner, Alumina Limited, in an all-stock deal valued at $2.2 billion.