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Company News

Metro Mining Doubles Bauxite Hill Resource

Mining Weekly reported that Metro Mining Ltd. (FWB:6ME) has more than doubled the direct shipping ore (DSO) inferred resource at its Bauxite Hill resource.

Queensland Bauxite Appoints Environmental Consultant

Mining Weekly reported that Queensland Bauxite Ltd. (ASX:QBL) has appointed Northern Resource Consultants to provide environmental consultancy services for its South Johnstone bauxite project.

Alcoa Unveils Next-generation Aluminum Materials

Lightweight metals leader Alcoa Inc. (NYSE:AA) has implemented its breakthrough manufacturing technology, the Alcoa MicromillTM, to manufacture advanced aluminum sheet.

Aluminum Price Helps Chalco Quarterly Loss

The Aluminum Corp. of China Ltd. posted its smallest quarterly loss this year as China's largest producer of aluminum reaped the reward of increasing prices.

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Market News

Aluminum Displaces Nickel as 2014′s Biggest Gainer

Bloomberg reported that on Tuesday nickel fell to its lowest price in a week, sinking as much as 1.6 percent as LME inventories increased to a record 385,860 metric tons. The previous day, the metal sunk by 3 percent.

China to Impose Power Tariffs on Aluminum Smelters

China will impose tiered power rates on aluminum smelters, starting on January 1, as part of its efforts to address severe overcapacity in the industry, Shanghai Metals Market reported.

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