Australian mining and metals company South32’s chief executive Graham Kerr reportedly says that it’s not the right time to commit large investments in alumina refineries expansion, as the return of Brazil’s Alunorte alumina refinery’s production creates an oversupply of the commodity which therefore leads to the price drop.
News ID: 6094 Publish Date : 2019/08/22
China, Indonesia seal $10 billion in deals focused on green energy and tech
Copper price, stocks are being hammered as Trump tariff, China worries mount
Suitors circle American Eagle Gold as South32 takes 19.9% stake
Codelco copper production rises in September, Escondida dips
Top gold ETF sees largest weekly outflow since 2022 on Trump win
Japan, Peru to agree on cooperation in mineral mining technology
MinRes halts Bald Hill mine amid lithium price rout
US judge narrows investor lawsuit against Rio Tinto over Mongolian mine
Ahead of Rio Tinto buyout, Arcadium’s profit dips on sliding lithium prices
Trump chooses oil fracking boss as energy secretary
Gold loses some luster after Trump’s decisive win
Aluminum price to average 6% higher in 2024 on strong demand: Fitch
Russia takes aim at US nuclear power by throttling uranium
US House of Representatives approves 2024 Critical Mineral Consistency Act
Orano warns of financial problems at Niger uranium plant
Zimbabwe lithium miners want royalties to be linked to prices
Indonesia’s Jan-Oct nickel ore imports surge by 50 times from year ago
Hedge funds slash bullish wagers on gold over Trump election win
Families gather at South African mine shaft where hundreds are feared stuck underground
Trump chooses oil fracking boss as energy secretary
Gold loses some luster after Trump’s decisive win
Aluminum price to average 6% higher in 2024 on strong demand: Fitch
Russia takes aim at US nuclear power by throttling uranium
US House of Representatives approves 2024 Critical Mineral Consistency Act
Orano warns of financial problems at Niger uranium plant
Zimbabwe lithium miners want royalties to be linked to prices
Indonesia’s Jan-Oct nickel ore imports surge by 50 times from year ago
Hedge funds slash bullish wagers on gold over Trump election win