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 […]

Bauxite investing: securing the offer in the midst of the tightening of the aluminum market

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 […]