Industry News

South32 CEO foresees higher alumina price in H2 2024

Views : 29
Update time : 2024-09-05 15:42:00
Graham Kerr, CEO at Australia-based mining and metals company South32, said that the price of alumina was expected to rise in the second half of this year in view of risks in the supply, including seasonal heavy rainfall in Guinea affecting shipments.

Additionally, he said the aluminum price will also rise with the weakening US dollar.

South32 ramped up South Africa's manganese and aluminum production for the fiscal year ending June 2024, despite lower prices and higher costs associated with truck use. The company is exploring low-carbon energy solutions.
Related News
Read More >>
Shanghai Metals Market repeats witness on aluminium and alumina prices going opposite directions Shanghai Metals Market repeats witness on aluminium and alumina prices going opposite directions
Dec .23.2024
Shanghai Metals Market repeats witness on aluminium and alumina prices going opposite directions
Aluminium prices rise across the board on SMM, defying previous week’s declining trend Aluminium prices rise across the board on SMM, defying previous week’s declining trend
Dec .23.2024
Aluminium prices rise across the board on SMM, defying previous week’s declining trend
World primary aluminium production poised to outstrip 2023 record, reaching 66.522 million tonnes by November 2024 World primary aluminium production poised to outstrip 2023 record, reaching 66.522 million tonnes by November 2024
Dec .23.2024
World primary aluminium production poised to outstrip 2023 record, reaching 66.522 million tonnes by November 2024
Å Energi inks deal to supply power to Hydro's Norwegian aluminum plants for 10 years Å Energi inks deal to supply power to Hydro's Norwegian aluminum plants for 10 years
Dec .23.2024
Å Energi inks deal to supply power to Hydro's Norwegian aluminum plants for 10 years