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Tuesday November 24, 2009
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Aluminium Supply News is an EIN News Service for mining professionals. Constantly updated news and information about mining.
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  • Mechel Announces Commissioning of a New Integrated Steel Processing Facility at Its Chelyabinsk Metallurgical Plant OAO Subsidiary 24 Nov 2009 13:53 GMT
    ... Integrated Steel Processing Facility at Its Chelyabinsk Metallurgical Plant OAO Subsidiary CHELYABINSK, Russia, Nov. 24, ... four-stream wire addition system for delivery of aluminium and flux cored wire, a unit for ... automatized route for slag-forming material and ferroalloy supply, container lab for sampling and performing operational ...

  • Resources sector sees light and dark in ETS deal 24 Nov 2009 14:36 GMT
    ... position that's long been argued by the mining, refining, oil and gas industries which have ... that should aid in ensuring reliability of supply, and additional funds will go some way ... climate change discussions in Copenhagen next month. Aluminium industry has a few wins under ETS ...

  • Copper slips as greenback gains 24 Nov 2009 13:37 GMT
    ... for three months delivery on the London Metal Exchange fell to $US6,874 a tonne by ... consensus that copper offers good returns with supply getting tighter, now and in the future. ... same year-ago period. Among other base metals, aluminium fell $US20 to $US2,018 in light trade. ...

  • Talison Lithium to raise $194m in IPO 24 Nov 2009 04:32 GMT
    ... The company is a subsidiary of Talison Minerals Pty Ltd, incorporated in 2007 to acquire ... chemicals are in batteries, pharmaceuticals, greases and aluminium smelting. Talison Lithium is an established producer ... supplied approximately 23% of the world's lithium supply. The Company has a unique, high grade ...

  • Mechel Announces Commissioning of a New Integrated Steel Processing Facility at Its Chelyabinsk Meta 24 Nov 2009 13:50 GMT
    ... Integrated Steel Processing Facility at Its Chelyabinsk Metallurgical Plant OAO Subsidiary Mechel Announces Commissioning of ... four-stream wire addition system for delivery of aluminium and flux cored wire, a unit for ... automatized route for slag-forming material and ferroalloy supply, container lab for sampling and performing operational ...

  • Good move for Hindalco, but valuations remain high 24 Nov 2009 18:34 GMT
    ... Metals company Hindalco Industries Ltd is the latest ... valuations. While it’s true the rise in aluminium prices this year has surprised investors, Hindalco’s ... in the market, leading to a better-than-expected supply situation. But share prices of firms such ...

  • Newly published market report: China Mining Report Q4 2009 23 Nov 2009 18:13 GMT
    ... both reserves and the production of several metals and minerals. It joined the WTO in ... in the production of copper, coal and aluminium. Further, its 1,200 gold mines position it ... exploration of mineral reserves and increasing the supply of mineral products to fuel China's rapid ...

  • Supply concerns pushing Zinc's outperformance 20 Nov 2009 07:53 GMT
    ... HOME > BASE METALS Prices of the metal jumped over 2%, ... base metals, on speculative buying fuelled by supply concerns. Australia's Century zinc mine, which produces ... smelters by 100 yuan per tonne, for aluminium by about 400 yuan, and for copper ...

  • PREVIEW-High Q1 aluminium premium could slow Japan buying 20 Nov 2009 09:51 GMT
    ... * What: Japan first quarter aluminium premiums * Japanese buyers brace for 10 ... high in the fourth quarter as tight supply overcomes worries that demand has yet to ... ports and tightly held inventories in London Metal Exchange warehouses. Stocks of the metal held ...

  • Copper hits 14-mth high 23 Nov 2009 12:35 GMT
    ... cap prices. Three-month copper on the London Metal Exchange was at $US6,965 a tonne at ... of July and the highest since April. Aluminium stocks at above 4.59 million tonnes are ... next May. "There appears to be ample supply of aluminium to come online - China ...

  • Copper surges to 14-month high 23 Nov 2009 13:21 GMT
    ... cap prices. Three-month copper on the London Metal Exchange was at $6965 a tonne at ... of July and the highest since April. Aluminium stocks at above 4,59 million tonnes are ... next May. “There appears to be ample supply of aluminium to come online — China ...

  • Rio costs up, output down in new Cameroon power deal 21 Nov 2009 14:00 GMT
    ... YAOUNDE, Nov 21 (Reuters) - Rio Tinto's aluminium operation in Cameroon has secured a 30-year power supply contract with the government but electricity costs ... with Cameroon's government in Alucam, a bauxite mining and aluminium smelting operation that had already ...

  • Copper eases from 14-month high 23 Nov 2009 21:57 GMT
    ... earlier dollar-induced buying momentum, but the red metal's price outlook remained strong. "Not surprising to ... next May. "There appears to be ample supply of aluminium to come online. China has demonstrated its ...

  • Aluminum bubble concerns mount as surplus may add 29% 23 Nov 2009 17:33 GMT
    ... why Peter Sorrentino says the most abundant metallic element in the earth's crust is too ... Asset Advisors in Cincinnati. "There's plenty of supply around and demand is still quiet. There's ... 1994 spurs producers to increase output. Emirates Aluminium Co. will start the world's biggest smelter ...

  • Govt to establish Oil and Gas Industrialisation Plan 19 Nov 2009 05:10 GMT
    ... industries, such as glass bottles, steel mills, aluminium smelting and rolling mill operations which had ... from the high cost and irregular power supply. He noted that the oil and gas ... the exploitation of sea salt, iron ore, bauxite, limestone and silica sand potential in the ...


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