Nigeria's $3.2 billion aluminium smelter faces another setback
Nigeria's aspiration for a domestically-produced aluminium industry seems increasingly distant as the $3.2 billion Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State, once again fails to meet its long-awaited revival deadline.
Alba ignites first Mitsubishi gas turbine in Power Station 5 (PS 5) Block 4 Project
Aluminium Bahrain B.S.C. (Alba), a prominent player in the global aluminium smelting industry, reached a significant milestone in its Power Station 5 (PS 5) Block 4 Project with the First Fire of the Mitsubishi Power M701JAC Gas Turbine (GT) on April 23, 2024.
South32 reports strong operational performance and strategic milestones in Q1 2024
South32, the diversified mining company, has released its operational results for the first quarter of the 2024 financial year, showcasing notable advancements across various sectors.
SMM Morning Comment For SHFE Base Metals On Apr 25
LME copper prices opened at $9794.5/mt and closed 0.64% higher at $9790/mt overnight, with the low-end of $9758.5/mt and the high-end of $9843/mt.
SHFE zinc fluctuates rangebound, demand remains weak [SMM zinc morning comment]
Overnight, LME zinc opened at $2795/mt, hitting a low and high of $2783/mt and $2838/mt respectively, and closed higher at $2794.5/mt.