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We mentioned the Alcoa smelter at Portland Australia smelter might receive a big amount of subsidies with $240 million from the Australia Government last week.  As part of $240 millions, the Federal Government had announced they will provide $30 million to Alcoa as a secure package for Portland. A week later, on January 20th, Alcoa announced […]

By: Kathy Liu | Read More

As most readers know, I am still on vacation, far from the world of aluminum and carbon – or at least so I thought. Reports this morning in Reuters, Bloomberg and the New York Times (they are all claiming the story is theirs), have prompted me to put down the pina colada and pen a […]

By: Paul Adkins | Read More

Alcoa Portland smelter curtailed one potline for more than five hours when they experienced a power failure on 1st of December. More than 200 pots cooled and solidified. At the moment, Alcoa Portland is running at 30% of its capacity. It costs this 30 year old smelter around $1 million a day for the curtailment. This […]

By: Kathy Liu | Read More

According to the 2017 aluminum market trend, we think that the aluminum market will maintain a steady rise gradually. Below is our analysis: From the supply side, by the end of November 2016, the aluminum production capacity was 42.627 million tons, and the opening capacity was 35.814 million tons. The output was 29.363 million tons […]

By: Monte Zhang | Read More

China’s November import volume is 41,877 tons. It is 31,265 tons more than the October import volume. Compared to the same period last year, the November primary import volume was up by 258% YoY. China’s November aluminum price performed very strongly. It was boosted by speculative funds to the year’s high record of RMB15380 on […]

By: Kathy Liu | Read More

We’re starting a new year and with it come many struggles… The worldwide economic and political situation is not at its best and with so much uncertainty and volatility in the markets it’s difficult to be willing to invest in an area that you’re not quite sure how it’ll unfold. 2016 brought many changes in […]

By: Steph | Read More

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Portland Smelter will restart https://t.co/SJQF3xEWSt

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