No Data
No Data
RUSAL (00486.HK): The group's subsidiary has signed a new thermal energy supply contract with En+.
Gelonghui, December 24th丨RUSAL (00486.HK) announced that the group's member companies have signed a contract with contacts from En+, under which the contacts from En+ agree to supply thermal energy to the group's member companies ("new thermal energy supply contract").
Aluminum prices soar! Japanese buyers are paying record premiums as global supply risks intensify.
Some Aluminum buyers in Japan have agreed to pay a significantly higher premium to a Global producer this quarter, marking the fourth consecutive quarter of rising Aluminum prices.
United Company RUSAL International (HKG:486) Will Be Looking To Turn Around Its Returns
China securities co.,ltd.: Electrolytic aluminum profit recovery turning point is approaching, focusing on companies with net buy exposure to alumina.
The inflection point of aluminum oxide prices is turning downwards, with excellent supply and demand for electrolytic aluminum, which can fully benefit from the profit recovery brought by the decline in aluminum oxide prices, focusing on companies with a net buy exposure to aluminum oxide.
Aluminum stocks have collectively risen, with rusal (00486) up 3.53%. Institutions indicate that the peak impact of the real estate industry on aluminum demand has passed.
Jinwu Finance News | Aluminum stocks have risen collectively, with Rusal (00486) up 3.53%, aluminum corporation of china (02600) up 2.38%, and chinahongqiao (01378) up 1.76%. Guosen's research reports indicate that aluminum alloy materials have balanced performance, and their large-scale application has been relatively late, with new application areas constantly being explored, leading to a demand potential that was once underestimated. The bank believes that the peak impact of the real estate industry on aluminum demand has passed, and it will trend toward stability in the future; the substitution of aluminum for copper, steel, and wood is still on the rise, and there is significant potential for per capita aluminum consumption in developing countries, meaning there is still substantial growth space for aluminum demand.
French miners lament that the profitability of nickel mining business cannot be achieved without china technology and equipment.
① The multinational mining giant Ehmann stated that western companies cannot make a profit in the nickel mining business in Indonesia without relying on china's technology, equipment, and management experience; ② Ehmann and BASF have canceled the 2.6 billion dollar nickel-cobalt refining plant project in Indonesia due to it being 'economically unfeasible'; ③ Ehmann is collaborating with China’s Qingshan Holding to operate the nickel mine in Weda Bay, with the CEO stating that china's technology, expertise, and equipment are key to competitiveness.