The closures are the latest impact on the Middle East aluminum sector, which accounts for around 9% of global supply.
"We view cost risk as more of a question of when rather than if,” Jefferies mining analysts led by Fahad Tariq said.
Hindalco’s suspension of extruded product sales comes as analysts and traders warn that the global aluminum market could face ...
The company’s Minas de Revuboe project in Mozambique’s Moatize coal basin holds about 850 million tons of reserves.
"There has been more demand for stable jurisdictions such as Canada and the US,” Sprott managing partner Maria Smirnova says.
Gold slipped below $5,100 an ounce on Friday, heading towards a second consecutive weekly drop, as high energy prices ...
Rising oil prices linked to current tensions in the Middle East could significantly raise mining costs and pressure sector ...
Its state-run iron ore buyer told domestic steel mills that they could take delivery of Jimblebar fines already at ports.
The deals will take the form of purchase commitments and other transactions spanning a range of products and sectors.
Workers at Glencore’s copper refinery in North Queensland went on strike after negotiations that began nearly a year ago ...
A mineradora é a indústria mais longeva do país, com mais de 190 anos de atuação, e uma das maiores produtoras de ouro do ...
An employee of a contracted company died on Thursday following an incident at Rio Tinto’s Kennecott mine in Utah, the world’s ...
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