May 2017

Votorantim's CBA suspends aluminium hot rolling operations

Brazil-based CBA has suspended its aluminium hot rolling operations, industry sources told Metal Bulletin.

BRAZIL ALUMINIUM SNAPSHOT: Domestic ingot premiums edge up; but politics, quota talks discourage deals

Key data from Tuesday May 30 pricing session in Sao Paulo.

LIVE FUTURES REPORT 31/05: LME nickel price tumbles; copper strengthens

Nickel prices on the London Metal Exchange recorded a significant loss on the close on Wednesday May 31, while copper stabilised.

Highland Copper acquires Michigan Rio Tinto exploration properties

Highland Copper Company has bought mineral properties from Kennecott Exploration and Rio Tinto Nickel, subsidiaries of Rio Tinto Group, it said on Wednesday 31 May.

Copper TC/RCs firm again as smelters capture nearby deals, Grasberg in focus

Smelters buying at higher rates has caused copper concentrate treatment and refining charges (TC/RCs) to firm towards the end of May, despite supply concerns around strike-hit Grasberg, the world’s second largest copper mine.

PEOPLE MOVES: KGHM vp Piotr Walczak resigns

Piotr Walczak, vp of the management board at Polish mining company KGHM, has submitted his resignation, according to a regulatory filing.

Chile’s copper production falls in April

Chilean copper production fell 1.8% year-on-year in April, a month where Escondida mine was ramping up after over 40 days of strike, according to the country’s statistics institute, INE.

LIVE FUTURES REPORT 31/05: Comex copper inches higher in midweek session

Comex copper prices saw a modest uptick during early morning trading on Wednesday May 31 with indications of a stabilising Chinese economy aiding the red metal.

NORTH AMERICAN MORNING BRIEF 31/05: Base off; alumina restart; Mn ore production; cobalt; US copper

Key news and price moves to get you off to a good start during the North American morning on May 31.

Jisco will restart Alpart alumina refinery next month

China’s Jiuquan Iron & Steel Group (Jisco) will restart production at the Alumina Partners of Jamaica (Alpart) refinery next month, with the first alumina cargoes loading in July, Metal Bulletin understands.