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Futures market: Overnight, the most-traded SHFE aluminium 2505 contract opened at RMB 20,455 per tonne, with a high of RMB 20,520 per tonne, a low of RMB 20,430 per tonne, and closed at RMB 20,520 per tonne, up RMB 80 per tonne, or 0.39 per cent. Yesterday, LME aluminium opened at USD 2,509 per tonn ...
Indian conglomerate Vedanta, spanning metals to oil, is seeking a global partner for expansion projects worth $20 billion, according to a tender document. Led by billionaire Anil Agarwal, the company—soon to be split into four entities: Vedanta Aluminium, Oil and Gas, Power, and Iron and Steel, plan ...
The long-awaited joint venture between Alcoa Corporation and IGNIS Equity Holdings, SL (IGNIS EQT) has officially been established to ensure the continued operation of Alcoa’s San Ciprián complex. Initially announced in October of the previous year, the joint venture has come to fruition as of March ...