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Category Aluminium

Analysis: despite Chinese slowdown worries, copper and aluminum poised for further gains

Analysis: despite Chinese slowdown worries, copper and aluminum poised for further gains

Base metals is set to finish the year with a bang, staging a solid rally in the final quarter.  The London Metal Exchange Index has soared approxim...
Rio Tinto’s Yarwun alumina refinery to slash production, prolonging plant life until 2035

Rio Tinto’s Yarwun alumina refinery to slash production, prolonging plant life until 2035

Anglo-Australian mining giant Rio Tinto announced Tuesday that it will slash production at its Yarwun alumina refinery in Queensland by 40% startin...
Commodity wrap: Fed rate-cut doubts push gold, silver prices lower; oil steady

Commodity wrap: Fed rate-cut doubts push gold, silver prices lower; oil steady

Gold and silver prices fell on Monday as traders assessed expectations of rate cuts by the US Federal Reserve.  Meanwhile, oil prices were steady a...
Commodity wrap: Fed caution hits bullion hard, Russian supply concerns boost oil

Commodity wrap: Fed caution hits bullion hard, Russian supply concerns boost oil

Gold prices slumped more than 3% on Friday as a December interest rate cut by the US Federal Reserve looks less likely.  Silver prices on COMEX plu...
Commodity wrap: gold, base metals climb on US shutdown optimism; oil slumps

Commodity wrap: gold, base metals climb on US shutdown optimism; oil slumps

Gold held steady as investors awaited the US House vote on a government reopening deal, which could clarify economic data and the Federal Reserve’s...