Ford CEO, Jim Farley has expressed his concern that the shifting EV rules and industrial policies as imposed by the European Union (EU) are highly steep and extremely stringent, leaving no room for flexibility or realistic approach for the European automakers to the market. He warns the European Com ...
S&P Global Energy Horizons says the coming year will expose the strain within the world’s energy and sustainability systems, as governments and industries try to navigate rapid technological change, shifting geopolitical alliances and mounting climate risks.
The report points to a world moving at ...
Japan’s Sumitomo Corporation is preparing a major scale-up of its clean-energy footprint in India, with plans to invest 200 billion yen (USD 1.3 billion) in renewable power projects developed through its joint venture with Indian startup Ampin Energy Transition. The commitment, reported by Nikkei, r ...
Futures: SHFE aluminium closed at RMB 21,960 per tonne in the night session, up a slight 0.18 per cent. Prices moved narrowly close to MA5 (21,959) and MA10 (21,958), with short-term moving averages flattening out, staying above MA60 (21,941.08), indicating a slightly stronger structure. The MACD du ...
Rio Tinto is re-examining a long-standing shareholder constraint that has shaped its capital strategy for more than a decade. Speaking at the miner’s annual investor day, CEO of Rinto Tinto, Simon Trott, confirmed active discussions with its largest shareholder, Aluminium Corporation of China Limite ...
As 2025 prepares to make its exit, now is the time for a recap of the top 10 primary aluminium projects and initiatives from across the globe that were announced and commenced this year. The primary aluminium segment of the value-chain has seen it all during the ongoing calendar year — right from ta ...
Novelis is strengthening its European logistics network with a EUR 43 million (USD 50.4 million) investment aimed at shifting more aluminium transport from road to rail. The company has purchased 220 new Shimmns railcars as part of its long-term sustainability strategy built around the principle of ...
Mexico has approved a major tariff overhaul that will raise duties on imports from China and several other Asian countries by about 50 per cent targeting a broad range of goods from metals to automobiles. The Senate backed the decision on Wednesday, supporting President Claudia Sheinbaum’s plan to e ...
Futures: The most-traded cast aluminium alloy 2601 contract opened at RMB 21,070 per tonne overnight, climbed to a high of RMB 21,175 per tonne, fell to a low of RMB 20,730 per tonne, and finally closed at RMB 21,130 per tonne, down RMB 60 per tonne or 0.28 per cent from the previous close. Trading ...
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