Irish government seeks funding support to maintain key alumina plant operations amid potential EU sanctions on Russian-controlled enterprises.
Vitol Group successfully transported a stranded aluminum vessel through the Strait of Hormuz, valued at approximately $110 million.
The agreement points to efforts to build more localized alumina supply chains in the United States.
US alumina innovator Brimstone signs MoU with Century Aluminum to establish domestic bauxite-to-metal aluminum supply chain.
Guinea mine July order tender price rises to FOB $33-33.5 per ton.
Bintan Alumina receives first ship of Malaysian bauxite; plans monthly imports of 300,000-500,000 tonnes to ensure supply.
LME aluminum futures fell cumulatively by 15% in June to $3,110, affected by a strong dollar and the retreat of geopolitical risk premiums.
On June 24, LME aluminum prices retreated to levels before the outbreak of the Iran war; a strong dollar and market hopes for supply recovery in the Gulf region were key factors.
Rubber and aluminum prices declined under pressure due to loose supply and external factors; Indonesia nickel ore quota window period attracts attention.