Glencore joins forces with industry giants for Chuangxin’s Hong Kong IPO amid rising aluminum prices

Glencore (LSE:GLEN,OTC Pink:GLCNF) is reportedly set to take a major position in Chuangxin Industries Holdings’ initial public offering (IPO) in Hong Kong as aluminum prices soar to multi-year highs. According to one In the Bloomberg report, people familiar with the matter said Glencore will participate as a cornerstone investor in the offering, joining Hillhouse Investment […]

Queensland supports Alpha HPA with AU$30 million for Gladstone Project

High-purity alumina (HPA) company Alpha HPA (ASX:A4N) has received AU$30 million from the Queensland Government’s Critical Minerals and Battery Technology Fund (QCMBTF). The company said in a announcement that the financing will be provided through the Queensland Investment Corporation (QIC). It will support the second phase of the 10 hectare construction of the first ever […]