In this edition of "Battle of the Charts," dollar dominance takes on the aluminum roller coaster. Bloomberg European Markets Live Team Leader Kristine Aquino faces off against Bloomberg Metals and Mining Reporter Joe Deaux. (Source: Bloomberg). Terms of Service Trademarks Privacy Policy (C)2018
The U.S. sanctions are threatening to upend the global supply chain for aluminum, which is used in planes made by Boeing Co. and Ford Motor Co.'s F-150 pickup truck. Rusal produces about 6 per cent of the world's aluminum and operates mines, smelters and refineries across the world from Guinea to
May 3 (Reuters) - Boeing Co: * ALERIS ANNOUNCES CONTRACT WITH BOEING TO SUPPLY ALUMINUM. * ALERIS - ENTERED MULTI-YEAR CONTRACT WITH BOEING TO SUPPLY ALUMINUM PLATE, SHEET FOR PRODUCTION OF VARIOUS AIRPLANE MODELS Source text for Eikon: Further
Scandium-containing aluminum casting alloys should be specifically suited to high-heat applications, aligning well with Eck's specialized focus on high performance castings. George Putnam, CEO of Scandium International Mining Corp. commented: "We are pleased to add Eck Industries to our growing list
The government of Guinea has approved plans for the development of a new $1.4bn bauxite mine and aluminum refinery project in the northwest region of the country, Reuters reports. The government has approved the plan to award the contract to Societe des Bauxites de Guinee (SBG), a subsidiary of
BMI says that the relaxation of the ban on bauxite exports has allowed companies to step back into the market with a stronger foot. In July 2017, the government allowed PT Dinamika Sejahtera Mandiri to export 2.4mnt of bauxite, and in September 2017 PT Laman Mining received an annual export quota of
For example, Rusal's Aughinish alumina plant in Ireland buys bauxite that Rio mines in Guinea and sells to smelters across Europe. "It's the alumina market that's really got to get through this perfect storm right now," said ING's Nugent. "If this gives any respite to the raw materials market, it does justify some
MIT researchers published a paper this week where they explain that thin layers of solid oxide protective coating for metals can deform as if they were liquid, filling any cracks and gaps as they form. In a press release, the scientists explain that the coating layer should be especially useful to prevent the
The certification was awarded after an independent third party audit covering a range of operations from bauxite mining, to alumina refining, aluminum smelting, manufacture of value added products, transformation, and recycling. Rio Tinto said the certificate covers its Vaudreuil refinery, five aluminum
Aluminum rallied as much as 7.1 per cent, a record intraday gain, to US$2,718 a ton in London. Since the start of April, prices are up more than 30 per cent. Nickel surged to a three-year high as traders speculated that other major mining companies could face the ire of U.S. officials. Prices climbed as much
JOHANNESBURG (Reuters) - South Africa's trade department and labor unions said on Wednesday the U.S decision not to grant Pretoria an exemption from steel and aluminum tariffs could speed up job losses in manufacturing and mining. Countries including Canada, Mexico, Australia and Brazil were
BRIEF-Egypt Aluminum Nine-Month Profit Rises. Reuters Staff. 1 Min Read. April 29 (Reuters) - EGYPT ALUMINUM CO SAE: * NINE-MONTH NET PROFIT AFTER TAX EGP 1.87 BILLION VERSUS EGP 894 MILLION YEAR AGO. * NINE-MONTH SALES EGP 9.92 BILLION VERSUS EGP 6.44 BILLION
Aluminum-scandium alloys should be specifically suited to high-heat applications, aligning well with GW's specialized focus on automotive engine and powertrain applications. George Putnam, CEO of Scandium International Mining Corp. commented: "We are pleased to include Grainger & Worrall in our
CONAKRY (Reuters) - Opposition supporters in Guinea protested and erected barricades in the capital Conakry and the mining towns of Boke and Kamsar on Tuesday, disrupting some shipments of the aluminum ore bauxite, a Reuters witness and industry officials said. The unrest sparked by a row over
Montana Resources' mining operation seen from above from two years ago. MR may
PRESIDENT Trump's decision to levy a 25 percent tax on steel imports and a 10 percent tax on aluminum is exceptionally ill-advised.
The veteran miner made that same trek countless times between 1978 and 1990 while working for the area's underground uranium mines. In retirement, Hobbs was diagnosed with Parkinson's disease - something his daughter attributes to his exposure to a finely ground aluminum dust known as McIntyre
President Trump's decision on Thursday to enact new tariffs on steel and aluminum could break his promise to protect the coal miners he adores so much,
As a result, the federal recently extended the ban on bauxite mining again until at least June 30. "Once all that (clean-up) is ready, we will look at its implementation," Wan Junaidi Tuanku Jaafar, minister of Natural Resources and Environment, has been quoted as telling the media. "We're not here to ban
As U.S. President Donald Trump signed proclamations Thursday imposing 25 per cent tariffs on steel imports and 10 per cent for aluminium for almost every country but Mexico and Canada, other nations have expressed their desire to join the lucky duo. European Trade Commissioner Cecilia Malmstrom