Iran war threatens aluminium supply as outages deepen, prices surge
The Middle East conflict could remove up to 3–3.5 million tonnes of aluminium output, about 5% of global supply, and put nearly another 7 million tonnes at risk, tightening a…
Alcoa
Moonshot puts global metals scramble on display
Artemis II is set to lift off tomorrow, spotlighting the geopolitical race for the metals behind modern spaceflight. The flight around the Moon, without landing, will carry astronauts aboard the…
US, Australia target $3B for critical minerals plan
The United States and Australia signed a critical-minerals framework on Monday that aims to speed permits, mobilize public and private financing, and pilot market “price-floor” mechanisms to blunt non-market undercutting…
Rio Tinto unveils $375M more for world’s first carbon-free aluminum in Quebec
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is investing $375 million more into the world’s first carbon-free aluminum smelting headed for initial commercial production by December in Quebec. This…
Video: Rio Tinto’s Mehta on how sustainability is driving mining’s big shifts
Angelina Mehta, general manager for joint ventures with Rio Tinto Aluminum, has seen some big changes in the mining sector over her 27 years in the business. One of the…
Alcoa to halt production at Kwinana refinery
Aluminum producer Alcoa (NYSE: AA) confirmed on Tuesday that it plans to stop production at its loss-making Kwinana refinery in Western Australia after more than 60 years of operation. The refinery will cease…
Higher prices do not incentivize more production: BofA report
Higher commodity prices are not high enough to incentivize new production to come online, as slowing demand from China weighs heavy, especially on copper. Bank of America recently hosted its…
US markets fall during Apr. 18-22 trading week
The Dow Jones Industrial Average fell 600.29 points or 1.77% to 33,811.40 and the S&P 500 fell 119.91 points or 2.8% over the week to 4,271.78. Shares of Endeavour Silver…
US markets rise, Dec. 27-31
The Dow Jones Industrial Average rose 387.74 points or 1.08% to finish the trading week at 36,338.30 and the S&P 500 gained 40.39 points or 0.86% to 4,766.18. Spot gold…
US markets fall, Nov. 8-12
The Dow Jones Industrial Average fell 227.64 points or 0.63% to finish the Nov. 8-12 trading week at 36,100.31 and the S&P 500 dropped 14.68 points or 0.31% to 4,682.85….
US markets pick up steam, Oct. 11-15
The Dow Jones Industrial Average rose 548.51 points or 1.58% to 35,294.76 and the S&P 500 climbed 80.03 points or 1.82% to 4,471.37 in the Oct. 11-15 trading week. Spot…
US markets mixed, Aug. 30-Sept. 3
The Dow Jones Industrial Average dropped 86.71 points or 0.25% to finish the August 30 to September 3 trading week at 35,369.09 and the S&P 500 climbed 26.06 points or…