Aluminum stocks News

Industrial Metals Stock Outlook - November 2017

Nov. 20, 2017 / Aluminum mining news

Within the Zacks Industry classification, the Mining-Iron and Mining-Non Ferrous industries (aluminum, copper, etc.) are grouped under the Basic Material sector (one of 16 Zacks sectors). The non-ferrous mining industry, with a Zacks Industry Rank #60, is in the top 23%. The iron mining industry occupies

China's Chalco plans to launch Guinea bauxite mine by early 2018

Nov. 15, 2017 / Aluminum mining news

Guinea's mines ministry said in August that Chalco, Chinalco's listed arm, was set to invest $500 million to churn out bauxite, a raw material for aluminum, in the country's north. "It is predicted that at the end of this year or the beginning of next year we will launch," Lu Dongliang, senior vice president at

Steel and aluminum tariffs will have local impact to Butte, insiders say

March 14, 2018 / Aluminum mining news

Montana Resources' mining operation seen from above from two years ago. MR may

Violent protests in Guinea, disrupt some bauxite shipments

March 13, 2018 / Aluminum mining news

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

COLUMN: Trump's tariffs threaten our national and economic security

March 11, 2018 / Aluminum mining news

PRESIDENT Trump's decision to levy a 25 percent tax on steel imports and a 10 percent tax on aluminum is exceptionally ill-advised.

Bauxite Stockpiles have yet to be Cleared in Kuantan. Seriously

March 10, 2018 / Aluminum mining news

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

More countries want to be exempt from Trump's tariffs

March 09, 2018 / Aluminum mining news

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

Memorial ride to honour late miner who inspired McIntyre Powder ...

March 09, 2018 / Aluminum mining news

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

Trump's tariffs will hurt all of his beloved fossil fuels

March 09, 2018 / Aluminum mining news

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,

Steel and aluminum stocks sink as Trump expected to sign watered ...

March 08, 2018 / Aluminum mining news

CENX, -7.48% tumbled 9.1% and Kaiser Aluminum Corp. KALU, +0.43% were down 1.5%. The SPDR S&P Metals & Mining ETF XME, -2.04% dropped 2.6%. Trump is expected to sign proclamations on steel and aluminum imports at 3:30 p.m. ET, with Trump saying he has the right to move the tariffs "up or

Big investor backing a blessing and a curse for X2 Resources

March 07, 2018 / Aluminum mining news

Mr. Davis and his elite team of former mining executives amassed up to US$5.6-billion - an unprecedented amount that reflected investor confidence in

Morgan Stanley CEO says steel, aluminum tariffs 'bad idea'

March 07, 2018 / Aluminum mining news

NEW YORK, March 7 (Reuters) - Morgan Stanley's top executive said on Wednesday that potential tariffs on steel and aluminum that President Donald Trump is to expected to formally sign off on later this week are a "bad idea." The "biggest issues this country faces are not trade deficits, they're fiscal deficits

US steel and aluminum tariffs a 'black day for the world' — BHP

March 06, 2018 / Aluminum mining news

US President Donald Trump's proposed tariffs on steel and aluminum imports are a "black day" for the world and businesses, BHP chief executive officer Andrew Mackenzie said Tuesday. Speaking at the AFR Business Summit, the leader of the world's biggest miner said Trump's protectionist move was just

Just when Rio Tinto thought it was safe to boost aluminum ...

March 06, 2018 / Aluminum mining news

It was a sea change from the previous few years, which had been rife with speculation about Rio Tinto getting out of the aluminum business altogether. Its disastrous US$38-billion takeover of Canadian aluminum icon Alcan in 2007 had been labelled one of "worst decisions ever" in the mining industry,

PHOSPHATE: Arianne to test aluminum in transport trailers

March 06, 2018 / Aluminum mining news

QUEBEC - Based in Saguenay, Que., Arianne Phosphate is launching an R&D effort to incorporate aluminum into the transport trucks that will carry concentrate from its Lac A Paul project in the

South African steel, aluminum firms watchful, but not overly anxious ...

March 06, 2018 / Aluminum mining news

South African steel and aluminium firms remain watchful and uncertain about the effects that proposed increased US trade protection could have n their businesses. However, the companies also indicate that they will seek to mitigate the risk through export diversification, as well as a continued focus on

Economic bomb! - King sounds alarm over Trump's threat to impose ...

March 05, 2018 / Aluminum mining news

Significant developments in the bauxite industry over the past year have resulted in 15 per cent growth in Jamaica's mining sector for the October to December 2017 quarter. King noted that "the benefit of trade is imports, not exports, it is access to products that lower your cost in your own resources than it

As winter curbs end, China's aluminum smelters face new reckoning

March 05, 2018 / Aluminum mining news

Yunnan Aluminum <000807.SZ> is also due to build plants in its home province and Baise Mining Group is adding new capacity in Guangxi. The companies did not respond to requests for comment. There were already signs of a ramp-up in December, when China's aluminum output defied the winter cuts

Goa Miners Seek Centre's Intervention Against Mining Ban

March 05, 2018 / Aluminum mining news

The Centre today assured its support for the iron ore mining industry in Goa after a delegation of miners sought the Centre's intervention against a

How imports helped the American steel industry

March 05, 2018 / Aluminum mining news

Iron ore mines in other locations, such as Brazil and Australia, could not compete with the American miners given the high transportation costs; therefore,