SHFE Aluminum to Strengthen (2017-9-4)

The United Nations has selected six countries across Africa and Asia to receive support in capturing greater value from critical minerals essential to the global energy transition. UN Secretary-General António Guterres announced on Wednesday that the initiative will initially benefit Indonesia, Zambia, Guinea, Zimbabwe, Madagascar, and Nigeria. UN agencies will coordinate their efforts to help these nations develop relevant industries. Zambia is Africa's second-largest copper producer, while Zimbabwe is a major supplier of battery-grade lithium on the continent. Indonesia is the world's largest nickel producer, and Guinea is the leading producer of bauxite, while also possessing untapped critical mineral resources. Madagascar holds reserves of cobalt, graphite, and nickel. Nigeria's mineral resources remain largely undeveloped.

Odisha’s aluminium story is gaining another significant raw-material link, with the state government committing to provide local bauxite for Vedanta’s alumina refinery at Lanjigarh in Kalahandi. The commitment came during a September 26 meeting between Odisha Chief Minister Mohan Charan Majhi and Vedanta Chairman Anil Agarwal, as both sides discussed accelerating the company’s proposed INR 1 trillion (USD 10.42 billion) aluminium investments in the state. The focus on bauxite security is particularly relevant for Vedanta’s integrated aluminium operations in Odisha, where Lanjigarh serves as a major alumina-producing asset. The latest commitment comes alongside plans for new large-scale aluminium and alumina capacity in the state.

Perjanjian keamanan Greenland yang baru ditandatangani membawa perhatian baru pada potensi mineral kritis pulau tersebut — dan AnorTech memposisikan proyek alumina berkelanjutannya untuk memanfaatkan lingkungan investasi yang lebih kuat. AnorTech menyambut baik Perjanjian Keamanan Greenland yang ditandatangani oleh Greenland, Denmark, dan Amerika Serikat di Sidang Umum Perserikatan Bangsa-Bangsa pada 22 September, dengan menyatakan bahwa kerangka kerja tersebut dapat memperkuat lingkungan pengembangan mineral kritis dan mengamankan rantai pasokan. Bagi AnorTech, perkembangan ini terjadi seiring dengan kemajuan proyek anortosit Gronne Bjerg dan upaya komersialisasi portofolio yang mencakup alumina tingkat peleburan (SGA) tanpa limbah dan alumina kemurnian tinggi (HPA). Perusahaan menyatakan bahwa perjanjian tersebut memperkuat kerja sama pertahanan regional, menegaskan kedaulatan dan hak menentukan nasib sendiri Greenland, serta mengakui pentingnya strategis proyek-proyek mineral kritis. Presiden AnorTech Jim Cambon mengatakan perusahaan memperkirakan peningkatan investasi pada proyek-proyek mineral kritis Greenland akan menyusul.