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Base metals miners continue to fight against inflationary pressures
The most recent financial results published by base metals mining companies highlight just how inflation is affecting profit margins, with increasing wages, financing costs and input prices all hitting profits, sources told Fastmarkets in the week to Thursday March 28
March 28, 2024
·
By Albert MacKenzie
Insights
Century Aluminum to build green aluminium smelter in the US with DOE grant
Century Aluminum is among those selected to start award negotiations for up to $500 million in Bipartisan Infrastructure Law and Inflation Reduction Act funding to build a new aluminium smelter, the company said on Monday March 25
March 26, 2024
·
By Yasemin Esmen
Insights
Copper concentrate market participants lost amid ‘unstoppable’ declines in TC/RCs
Participants in the copper concentrates market are struggling to comprehend an “unstoppable” decline in treatment and refinement charges (TC/RCs), with every week bringing spot deals at fresh lows and rumors each “crazier” than the last, sources have told Fastmarkets
March 26, 2024
·
By the Fastmarkets team, Sally Zhang, Albert MacKenzie
Insights
US aluminium, copper industries to receive $900 mln from Energy Department program to cut emissions
The US Department of Energy selected five base metals projects to receive more than $900 million in federal investment from its Industrial Demonstration Program (IDP), leading to a reduction of four million tonnes of carbon dioxide emissions annually, according to a statement by the Department on Monday March 25
March 26, 2024
·
By Yasemin Esmen
Insights
Constellium joins aluminium producers exploring hydrogen power to decarbonize operations
Aluminium producer and recycler Constellium announced on Tuesday March 12 that the company is moving to test hydrogen utilization at an industrial scale as a power source in its casthouses
March 20, 2024
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By Yasemin Esmen
Insights
Correction to Australia, Brazil alumina FOB indices on March 18
Fastmarkets has corrected its MB-ALU-0002 alumina index, fob Australia and its MB-ALU-0010 alumina inferred index, fob Brazil, which were published incorrectly on Monday March 18.
March 18, 2024
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By James McKeigue
Insights
Aluminium demand to benefit from ‘under-appreciated’ role in energy transition
Increasing amounts of aluminium are being used to make solar panels, reduce vehicle emissions and upgrade electricity networks in a structural shift to patterns of long-term aluminium consumption
March 18, 2024
·
By James McKeigue
Insights
What lies behind the rapid decline in spot copper concentrates TC/RCs?
The recent decline in spot copper concentrates treatment and refining charges (TC/RCs) is startling, with Fastmarkets’ indices falling 38.87% month on month to a record low in February and still falling. But what lies behind the slump, and can anything be done to halt the slide? Fastmarkets investigates
March 12, 2024
·
Insights
Recovery of global aluminium demand depends on interest rates in the US and Europe
Recovery in global aluminium demand depends on interest rates, mainly in the United States and Europe, while the global scenario remains challenging
March 11, 2024
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By Leticia Simionato
Insights
US Department of Commerce’s preliminary finding bullish for US billet premium
In a move set to reshape the aluminium market, the US Department of Commerce's preliminary findings reveal unfair subsidies by China, Indonesia, Mexico, and Turkey, sparking predictions of tightened supply and rising premiums
March 8, 2024
·
By Yasemin Esmen
Insights
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