Constellation Brands, owner of successful beer brands Corona and Modelo, has cited the heavy financial burden of aluminium tariffs as one of the reasons behind its disappointing first-quarter performance. The drinks giant fell short of Wall Street expectations both in terms of sales and profit, ...
Aluminerie Alouette, an aluminium manufacturer partially owned by Rio Tinto Plc, is set to invest up to USD 1.1 billion in upgrading its facilities in northern Quebec, according to sources familiar with the matter.
Image credit: unctad.org
The company has reportedly secured a new electricity sup ...
According to the International Aluminium Institute (IAI), the world’s primary aluminium production in May 2025 trended up over a month, mirroring the pattern observed in the same period last year—but with a sharper pace of growth. While in May 2024, the world’s output had grown by 2.22 per cent mont ...
California-based Brimstone is advancing plans to establish the first alumina refinery in the US in more than five decades, which is a major step toward restoring the domestic aluminium supply chain. The company has signed a letter of intent with Oklahoma’s Dolese Bros. Co. to supply raw material for ...
Despite India’s exports reaching a record USD 824.9 billion in FY 2024–25, aluminium exports declined sharply by 10.79 per cent, revealing sector-specific challenges amid an otherwise strong trade performance.
Image for representational purposes only
According to the Ministry of Commerce, total ...
The US beverage can industry aims to offset its manufacturing cost inflation by using recycled aluminium, which is exempt from the 50 per cent tariff on aluminium and steel. By using recycled aluminium, the entire industry would shield nearly 70 billion cans, an industry valued at USD 36.95 billion ...
Yongmaotai Automotive Technology, a Chinese manufacturer of aluminium alloy auto parts, has announced plans to invest CNY 450 million (USD 62.8 million) in a new factory in Mexico. The move aims to help its European and US clients navigate uncertainties in global trade policies.
According to a st ...
Harnessing a bold fusion of innovation, design, and stewardship, Lenovo is charting a transformative path in circular tech. Gone are the days when green credentials were mere afterthoughts, today, almost every Lenovo products and accessories is being reimagined through a circular lens. With the ambi ...
Hind Aluminium, a maker of aluminium and alloy conductors and aluminium wire rods, recently changed their evaluation to reflect a neutral posture in the face of operating performance issues. The company reported a steep year-over-year profit decline of 53.5 per cent, with Q4 FY24-25 profit after tax ...
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