The outlook for aluminum is more positive than the steep drip in price since April may suggest. The world’s largest producers of the metal are confident that 2012 will see robust demand growth, and some have even invested millions in upgrading production capacity. Automotive production will be the main catalyst for growth.
Continue reading "Aluminum Accelerated by Automotive Production"
Wednesday, July 20, 2011
Bloomberg reports aluminum inventories monitored by the London Metal Exchange rose on increases in Detroit.
Continue reading "Aluminum Stockpiles Rise the Most in Two Months on Detroit Gain"
Wednesday, June 22, 2011
Analysts are in agreement at Harbor Intelligence’s Annual Aluminum Outlook Conference predicting stable to higher prices on the year. Also, Coca-Cola accuses Goldman Sachs of manipulating aluminum prices.
Continue reading "Analysts Predict Higher Prices for Aluminum"
Wednesday, September 1, 2010
On Tuesday, Russia's United Company RUSAL (HKG:0486), the world's top aluminium producer, reported that it returned to the black in the second quarter, thanks to higher output and better prices of the lightweight metal.
Continue reading "Russia’s RUSAL Q2 net returns to black"
Thursday, February 26, 2009
Aluminium for delivery in three months on the London Metal Exchange fell to a low of $1,279 a tonne – the lowest level since November, 2001. Record high stocks were responsible for the overwhelming downward pressure. Aluminium LME warehouse inventories leapt by 13,125 tonnes to stand at 3.17 million tonnes, their highest ever.
Continue reading "Record high LME stocks overwhelm stimulus’ potential"
Tuesday, October 28, 2008
The precipitous drop in commodity prices is putting companies under pressure, particularly feeling the squeeze are oil and metal mining companies. To be optimistic we must note that even though the current conditions are dire, the seeds are being sowed for another big rally in the metals.
Continue reading "Aluminum’s path to the bottom, are we there yet?"
AluminumInvestingNews.com maintains a focus on aluminum exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Aluminum Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
Get our exclusive independent commentary on aluminum trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Wednesday, September 21, 2011