AlCircle News Recap for 12 January 2021 🟢 Read News details 👇

Guyana-Brazil summit to emphasize bauxite mining other than oil and gas
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Alumina spot price in China inches up by RMB4/t to RMB2845/t; A00 aluminium ingot price gains RMB60/t
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Lochaber aluminium smelter’s valuation scales up by £100 million, while GFG Alliance investment remains little: Scottish Liberal Democrats
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LME aluminium price hikes by US27/t to peg at US$2,950/t; SHFE price increases by US$28/t
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Hindalco Industries grows its aluminium ingot price by INR1500/t to INR251000/t on January 12
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Europe: Aluminium price elevates due to increasing energy cost and production curbs
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Financially distressed Bahrain’s aluminium downstream facility Garmco reaches final agreement with creditors to ensure functionalizing
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Aluminium manufacturers to benefit more due to increased demand of electric vehicles
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Algeria’s bar rods and profiles imports during 2019-21 illustrates constant downfall; 17% further dip predicted for 2022
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Evian begins a new journey of sparkling water in aluminium cans
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Kaiser Aluminum acquisition of Warrick acclaimed as positive element in its 2020 sustainability report
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Novelis to invest $365 million in building a new advanced closed-loop recycling centre for aluminium auto sheet
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