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Chinese
Aluminum Imports in 11 Months Up by 9.11% YoY
China's imports of primary aluminum between January and
November grew by 9.11% in 2008 over 2007, despite November imports
tumbling when compared to that of October (Interfax China via
Steel Guru, January 6, 2009).
China
to Scrap Taxes on Re-Export of Some Metals
China will eliminate taxes on its exports
of aluminum products starting February 1 (Reuters,
January 5, 2009).
Shelter
for the Displaced
The Über Shelter, which looks like a large gray
gurney, is a compact pile of aluminum that unfolds into a two-story
home, complete with lights, stove, porch, and a small refrigerator
(The New York Times, January 4, 2009).
Detroit
Motor Show Preview: Fisker Sunset
Fisker Automotive is to reveal its next high-performance
hybrid at the Detroit Motor Show--a plug-in convertible utilizing an
aluminum spaceframe (Channel4.com, January 2, 2009).
Will
China's Demand for Aluminum Help U.S. Recycling?
With U.S. recycling markets showing signs of economic
stress, a recent report on the future of aluminum in China brings
positive news (Earth911.com, January 2, 2009).
Homemade
Bullet Trains Set to Run
Starting this year, Koreans will be able to travel across
the country on a high-speed train made with aluminum technology
(JoonAng Daily, January 1, 2009).
Rio's
China Aluminum Stake Sale Seen in Jan-Feb
Rio Tinto has agreed to sell its half in a Chinese
aluminum smelting joint venture to its partner Qingtongxia Aluminium,
and the deal is expected to be completed early next year
(Reuters, December 31, 2008).
Ingolstadt
Readies Next-Gen Flagship, and You're Going to Want One
Audi is charging ahead with its third-generation A8, set
to be unveiled at the Frankfurt auto show in the fall of 2009(Car
and Driver, December 2008).
China
Reserve Agency Stockpile to Buoy Aluminum Sector
China's State Reserve Bureau will buy 300,000 tons of
aluminum at 12,300 yuan (about $1,750) per ton in January 2009 to push
up prices and support producers (Rednet.Cn, December 27,
2008).
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