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 […]
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 […]
The Golden Prize cooled this week when rate -related uncertainty achieved a resolution. The yellow metal was put into the headlines at the end of last week when American customs and border protection told a Swiss refinery that 1 kilogram and 100 ounce of gold bars would be Subject to Trump administration rates That came […]
In the race to decipher and modernize infrastructure, the world’s attention is largely fixed on battery metals such as lithium, nickel and cobalt. But behind the headlines, another mineral is just as critical – bauxite, the primary ore from which the aluminum of the world is produced. Infographic via metro mining. In Northern America, Europe […]