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Top Stories
Lifting sanctions on bauxite and other critical minerals, US is set to procure defence valuables
Bauxite
On March 27, 2026, the US Treasury's OFAC lifted sanctions on Venezuela's minerals sector, comprising bauxite, coltan, gold, diamonds, and other rare earths, enabling US firms to pursue contracts, also with state-owned Minerven, post the capture of Nicolás Maduro. At present, the nation is eyeing ...
Malaysian aluminium product supplier to roll out $8M IPO to expand in semiconductor sector
Downstream
AMS Advanced Material Bhd (AMSB) plans to expand in Malaysia’s semiconductor and electronics system integration (ESI) by raising RM32.77 million (USD 6.9 million) through an initial public offering (IPO) for its ACE Market listing on Bursa Malaysia scheduled for April 23, 2026. To know predictio ...

Primary AL
The week opened with global markets on a weak footing, as escalating geopolitical tensions in the Middle East affected investor sentiment, pushing commodity prices, including aluminium, even higher. By midday in Sydney, the S&P/ASX 200 dipped around 1.35 per cent, tracking losses seen across major ...
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EU duties on Chinese aluminium converter foil to expire in 2026
Downstream30 Mar 2026
The EU-imposed definitive anti-dumping and countervailing duties ranging from 15.4 per cent to 28.5 per cent on products under CN code ex 7607 11 19 are expected to run until December 9, 2026. The EU duties on Chinese aluminium converter foil came into effect in December 2021, as an effort to add ...
NEA: Renewables lift China's installed power capacity 16 per cent Y-o-Y by end-Feb
SupplementAL30 Mar 2026
Among all power sources, solar capacity recorded the fastest growth, surging 33.2 per cent on year to 1.23 billion kW, followed by wind power, which rose 22.8 per cent to 650.7 million kW. In comparison, thermal power capacity increased at a slower pace of 6.9 per cent, reaching 1.55 billion kW. ...
Vedanta Aluminium onboards 7 specially-abled professionals at Jharsuguda, deepens DEI push
Sustainability30 Mar 2026
India’s largest aluminium producer, Vedanta Aluminium, is taking inclusivity to the next level by welcoming seven specially-abled professionals in its Jharsuguda mega aluminium plant. With this, the firm achieves another milestone towards diversity, equity and inclusion (DEI). Not only this, but a ...
Press Metal Aluminium hits record high as LME prices surge 6% on Iran strikes at EGA and Alba
Primary AL30 Mar 2026
As the London Metal Exchange (LME) aluminium prices soared up to 6 per cent from its previous bis closing at USD 3,290 per tonne on March 27, Press Metal Aluminium Holdings Berhad, the largest integrated aluminium producer in Southeast Asia, saw its shares hit an all-time intraday high, reaching M ...
Significant contraction in global supply gives aluminium prices strong upward momentum
Primary AL30 Mar 2026
Futures: During the night session on March 27, the SHFE aluminium 2605 contract opened at RMB 23,815 per tonne, hit an intraday high of RMB 24,120 per tonne and a low of RMB 23,815 per tonne, and finally closed at RMB 24,085 per tonne, up RMB 150 per tonne from the previous close, or 0.63. Technic ...
LME aluminium surges to $3,492/t from the previous day’s dip following Iran’s attack on EGA and Alba
Primary AL30 Mar 2026
On Friday, March 27, the London Metal Exchange (LME) aluminium price declined, but the December 27 contracts, after easing, adapted the rising trend. The LME inventory also widened from the previous close. However, considering the price update on March 30, the LME aluminium price rose significantl ...
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