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China’s A00 Aluminium Ingot Price Drops By Rmb40/T To Rmb18,280/T; Australian Alumina Fob Price Falls To Us$328/T

China’s A00 Aluminium Ingot Price Drops By Rmb40/T To Rmb18,280/T; Australian Alumina Fob Price Falls To Us$328/T

A00 aluminium ingot price in China dropped by RMB 40 per tonne to close at RMB 18,280 per tonne. Prices varied across different cities.The price of low-carbon aluminium and Australian Alumina FOB also decreased.
Sugar Output Cost To Rise On Cane Fair Price Hike, Say Co-Op Mills

Sugar Output Cost To Rise On Cane Fair Price Hike, Say Co-Op Mills

The production cost of sugar in India is expected to increase by 1 rupee to an average of 35.5 rupees per kg.The National Federation of Cooperative Sugar Factories estimates sugar output to be steady at 35.5 million tonnes for the 2023-24 season.
Russia Has Leading Lithium Reserves And Production Prospects

Russia Has Leading Lithium Reserves And Production Prospects

Russia has ample lithium reserves to fulfill both domestic and international demand, according to Russian Minister of Natural Resources and Environment Alexander Kozlov. The rising global demand for lithium highlights its growing significance in various industries.
Hindustan Zinc Gains 7% Ahead Of Interim Dividend Announcement

Hindustan Zinc Gains 7% Ahead Of Interim Dividend Announcement

Hindustan Zinc Limited has reported its highest-ever mined metal production in the first quarter, reaching 257 kilotonnes, a 2% increase compared. The company's stock prices surged by 7.19% following the announcement that HZL will consider paying an interim dividend.
South Africa May Coal Exports Fall 15.1% From April'S Peak

South Africa May Coal Exports Fall 15.1% From April'S Peak

South Africa's coal exports in May declined by 15.1% from the previous month to 5.3 million tonnes, following a peak in April. The decrease was attributed to weaker demand and an oversupply situation in Europe and Asia.
LME To Tighten Daily Price Limits For Aluminium, Copper

LME To Tighten Daily Price Limits For Aluminium, Copper

Starting from July 24, 2023, the London Metal Exchange (LME) will lower the daily price limits for aluminium and copper outright contracts on all its platforms from 15% to 12%, as stated in the LME's recent announcement.
Power Finance Corp Provides Rs 9,187 Cr Finance To Hpcl Rajasthan Refinery

Power Finance Corp Provides Rs 9,187 Cr Finance To Hpcl Rajasthan Refinery

State-owned Power Finance Corporation has provided Rs 9,187 crore in financial assistance to HPCL Rajasthan Refinery Ltd.The project involves setting up a green-field refinery-cum-petrochemical complex in Barmer, Rajasthan, with a project cost of Rs 72,937 crore.
Hindustan Copper Up 4% On Expectations To Reopen Copper Mine In Jharkhand

Hindustan Copper Up 4% On Expectations To Reopen Copper Mine In Jharkhand

Hindustan Copper Limited (HCL) aims to achieve a 10% increase in ore output from its Malanjkhand copper mine. The company is also expecting final approval from the Jharkhand government to reopen its Rakha mine.
Libya’s Oil Revenues Sink To $6.95 Billion In H1 2023

Libya’s Oil Revenues Sink To $6.95 Billion In H1 2023

Libya's crude oil production in Q1 2023 averaged 1.157 million bpd, slightly higher than the same period in 2022. However, Brent crude oil prices have decreased significantly. Disputes over oil revenue distribution have created tensions among Libya's multiple.
Indian Oil, Praj To Form Jv For Biofuels Production

Indian Oil, Praj To Form Jv For Biofuels Production

Indian Oil Corporation (IOC) and Praj Industries have signed a term sheet to enhance biofuels production capacities in India. The collaboration aims to produce various biofuels, including Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel, and Bio-bitumen.

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