This morning in metals news: Rio Tinto announced it will wind down operations and eventually close its New Zealand Aluminum Smelters; copper prices are surging; and the Pilbara Ports Authority reported June shipping data.
Tag: Rio Tinto
This Morning in Metals: China’s Henan to hike fees for high-polluting steel producers
This morning in metals news: the Chinese province of Henan will raise its fees for steel and cement producers that do not meet low-emissions targets; BMO says the copper concentrate market will tighten this year; and the Oyu Tolgoi project took another step forward this past week.
Week in Review: Aluminum production up; automotive struggles; oil prices plunge
Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including coverage of: a potential copper find in Cornwall; the automotive sector’s struggles; falling oil prices; rising aluminum production and much more. Looking for metal price forecasting and data analysis […]
Global aluminum production rises 1.5% year over year in March
According to data released by the International Aluminum Institute this week, global primary aluminum production totaled 5.48 million tons in March, up about 1.5% compared with March 2019. Request a 30-minute demo of the MetalMiner Insights platform now. March production was also up from the 5.15 million tons produced in February.
Rio Tinto: China demand recovering, ‘uncertain’ outlook elsewhere
Rio Tinto recently released its Q1 production results, a quarter in which the coronavirus outbreak overwhelmed health systems, disrupted supply chains and led to downward revisions of economic growth forecasts. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! Even so, Rio Tinto’s production levels, while down […]
This Morning in Metals: Industrial profits plunge 38.3% in China over first two months of 2020
This morning in metals news, industrial profits in China plummeted over the first two months of the year amid the coronavirus outbreak, Rio Tinto released an update on its operations during the outbreak and copper prices are down 15% over the last month. Looking for metal price forecasting and data analysis in one easy-to-use platform? […]
Responsible mining report highlights effective practices, laments lacking disclosures
Significant gaps remain within societal expectations of the mining industry, a recent report from the Responsible Mining Foundation said. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today! “The performances of even the best-scoring companies fall considerably short of society expectations in all six thematic areas,” the […]
This Morning in Metals: China’s aluminum output up over first two months
This morning in metals news, China’s aluminum production through the first two months of the year was up despite the coronavirus outbreak, Rio Tinto offered an update on measures being undertaken at the Oyu Tolgoi project and the Federal Reserve has cut rates to nearly zero. Looking for metal price forecasting and data analysis in […]
This Morning in Metals: Rio Tinto submits power plant feasibility plan for Oyu Tolgoi
This morning in metals news, Rio Tinto’s Oyu Tolgoi mine plans took an incremental step forward, AK Steel announced a Q4 2019 net loss of $53.9 million and Paris-based Constellium posted a stronger Q4 compared with its Q4 2018. Improve metal purchase timing and mitigate price risk — trial MetalMiner’s monthly metal buying outlook
This Morning in Metals: Germany’s Thyssenkrupp cites ‘difficult economic environment’ in latest earnings report
This morning in metals news, Thyssenkrupp’s earnings fell last quarter, the U.S. Department of Commerce announced affirmative preliminary circumvention rulings regarding imports of corrosion-resistant steel products and Brazil’s Vale has been overtaken as the world’s No. 1 iron ore producer. Metal prices fluctuate. Key is knowing when and how much to buy with MetalMiner Outlook. […]
