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Aluminum oxide prices have risen to a two-year high, and China's aluminum oxide industry is actively increasing production.
Aluminum oxide prices reached $510 per ton, hitting a two-year high. The price increase has stimulated aluminum oxide production in China, with new projects in Shandong, Chongqing, Inner Mongolia, and Guangxi to be put into operation in the second half of this year. Chinese aluminum oxide producers are increasing production to seize this opportunity of high stock prices.
Aluminum Market to Reach $285.4 Billion, Globally, by 2033 at 5.9% CAGR: Allied Market Research
The aluminum market is experiencing significant growth driven by the expansion of the transport sector and a surge in demand from the construction industry.
Panasialum (02078.HK) appointed Lin Wai Man as a non-executive director.
Panasialum (02078.HK) announced on June 28th that Ms. Lin Wai Man has been appointed as a non-executive director of the company and will take effect on July 1, 2024.
We Discuss Why PanAsialum Holdings Company Limited's (HKG:2078) CEO Compensation May Be Closely Reviewed
Key Insights PanAsialum Holdings to hold its Annual General Meeting on 31st of May Total pay for CEO Zhaolong Pan includes HK$2.15m salary The overall pay is comparable to the industry average P
League of Nations Securities: Domestic bauxite supply is still tight, alumina prices may remain high
Plans to resume production in domestic bauxite mines are still unclear, and imported ore prices are running high; tight supply at the mine side is the main factor limiting the utilization of some idle domestic alumina production capacity, and it is also the root cause of difficulties in domestic alumina supply to increase significantly in the short term.
Europe's Aluminum Output Starts to Recover as Energy Prices Fall
Trimet Aluminium SE will ramp up production at its smelters in France and Germany to full capacity in the coming year, in a sign that falling energy prices are helping to bring the European aluminum industry back from the brink of an existential crisis.
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