Guinea signs founding convention for state-owned mining company: bauxite sovereignty strategy advances
Guinea signed the foundational convention for a state-owned mining company, advancing its bauxite sovereignty strategy.
Guinea signed the foundational convention for a state-owned mining company, advancing its bauxite sovereignty strategy.
Guinea's Nimba Mining has signed a mining convention, providing a legal framework for the bauxite project.
On August 5, the Baise Aluminum Association organized a symposium on environmental compliance coordination and green, low-carbon development for secondary aluminum enterprises.
Press Metal is advancing its acquisition of PMB and plans to build 80,000 tonnes of primary aluminum smelting capacity.
US President Trump threatens to impose 50% tariffs on a broad range of Canadian imports starting August 19, with no exemptions for CUSMA-compliant products, covering key industries including steel and aluminum.
With President Trump's new tariff measures set to take effect on the 19th, the two sides are revisiting last year's steel and aluminum export quota proposal.
The US military depends on imports for high-purity aluminum, with 90% coming from the UAE, leaving the supply chain fragile.
Rio Tinto's H1 2026 aluminum and lithium segment EBITDA rose 38% year on year, with aluminum output flat at 1.68 million tonnes.
Henan Zhongfu Industrial's wholly-owned second-tier subsidiary will acquire assets and undertake new project investment.
Indonesia's Bintan Alumina imported 23,700 tonnes of bauxite from Malaysia in June, the first recorded receipt of Malaysian bauxite.
The aluminum industry's cost structure is undergoing fundamental reshaping, with three major changes occurring simultaneously.
Vietnam has successfully produced aluminum ingots for the first time, completing the final link in the bauxite-alumina-aluminum industry chain.
Three ministries have organized the 2026 recommendation of energy-efficiency and carbon-efficiency leader enterprises in key industries.
Qatar's aluminum smelter has initiated a production halt due to natural gas shortages, and a restart could take up to a year.
Vedanta Group has announced its post-demerger expansion plans across five businesses, with aluminum capacity set to double to 6 million tonnes.
Iran has attacked a Middle East aluminum plant, putting global aluminum supply at risk of disruption.
The Aughinish alumina refinery has stored red mud for 40 years, with about 40 million mt of highly alkaline waste and groundwater contamination.
On July 6, 2026, Goldman Sachs released its latest aluminum market research report, lowering its average annual LME aluminum price forecast for 2027 from $2,950 per tonne to $2,700 per tonne, while cutting its Q4 2026 forecast from $3,200 per tonne to $2,950 per tonne.