Market News

• 14 May 2012
  JV by UC Rusal and Norinco started operations

  In his opening speech Mr. Soloviev said, ”We are very pleased to give a start to this promising company. RUSAL strive to continuously expand the export share to China by making full use of its market potential and industrial advantages of UC...

• 14 May 2012
  Shengtong develops Al-made semi-trailer

  On Apr.26, 2012,UC Rusal (SEHK: 486, Euronext: RUSAL/RUAL, MICEX-RTS: RUALR), the world’s largest aluminum producer, and China North Industries Corporation (Norinco) announced the operations start of North United Aluminium (NUA, the former...

• 14 May 2012
  Investing primary aluminum projects overseas is the key destination of China’s aluminum industry for sustainable development

  On Apr.26, Mr.Dongchunming, one expert in aluminum industry and GM of Sunlight Metal spoke, during Asian Aluminum Industry Conference in Shanghai, that sustainable development of China’s aluminum industry mainly lies in oversea investment on...

• 14 May 2012
  Fugu Magnesium players consider Fugu-Shanxi magnesium price gap is reasonable if within 200 yuan

  Lately, a manager from Shaanxi Tianyu Mineral Industry told Sunlight that it is time to change. Before, ingot produced in Fugu was 500 yuan lower than that made in Shanxi. He thought for the same quality and packaging, the most reasonable price...

• 14 May 2012
  SHAANXI PROVINCE HAS PUBLISHED ITS PLAN

  China's Shaanxi province has published its “Twelfth Five-year Plan” for the development of minor metals in the next five years, and highlights in 2015 that the production of magnesium metal will hit 500,000 mt and magnesium alloy is set to reach...

• 14 May 2012
  Tianyu to open new magnesium lines

  Tianyu Group said it expects to start operation at its new 30,000 mt/year magnesium furnaces in Fugu county, Shaanxi province, in the second half of 2012. The company currently perates an aging magnesium smelter at the same site with a capacity...

• 14 May 2012
  China March Mg exports up from Feb

  China exported 18,128 mt of unwrought magnesium with minimum 99.8% magnesium content in March, down 11.5% from a year earlier, but up 38.5% from the 13,094 mt exported in February, data released last week by the General Administration of Customs...

• 14 May 2012
  ChangAn Auto, by the technology of integrated application of magnesium alloy casting, won second price for Science and Technology Accomplishments of Auto Industry

  6th Apr., China auto industry Science and Technology Progress Award Foundation held the reward conference. During the conference, the China Automobile Industry Science and Technology Progress Award 2011 was awarded to 59 projects and 7 technical...

• 14 May 2012
  China Nonferrous Metals Industry Association kicks off awarding knowledge contest on green aluminum industry

  Green Aluminum Industry Campaign, sponsored by China Nonferrous Metals Industry Association, was kicked off on Apr. 18 in Guiyang. It sets on targets on enhancing aluminum consumption, publishing the low carbon print foot of aluminum in daily...

• 14 May 2012
  Projects under construction by Yunnan Aluminum

  Yunnan Aluminum is an integrated complex, and recent years see its rapid development. According to Sunlight Metal, Yunnan Aluminum is actively penetrating into downstream industry by: 300kt/a of sheet and strip project by its subsidiary Yongxin...