On July 1, 2025, Ma'aden, Saudi Arabian Mining Company, finalised its acquisition of almost 25.1 per cent stakes in MBAC (Ma'aden Bauxite and Alumina Company) and MAC (Ma'aden Aluminum Company), two critical pieces of Saudi Arabia's aluminum value chain. Previously, Alcoa held a 25.1 per cent owner ...
China’s move to restart rare earth exports to the US has eased pressure on American industries after nearly two months of restrictions. While some European firms have also secured limited export licenses to avoid production disruptions, India despite being a major importer of Chinese rare earths has ...
The Maharashtra government has unveiled an ambitious plan to make electric vehicles (EVs) account for 30 per cent of all vehicle registrations in the state by 2030. The announcement was made by Maharashtra Transport Minister Pratap Sarnaik, who emphasised the need for sustainable mobility solution ...
Vedanta Limited, an Indian multinational company, has represented solid returns in the first 6 months of 2025. The share price of the firm is poised to reach the INR 500 (USD 5.99) mark and has gained nearly 5 per cent over time, while continuing with the previously announced demerger activities. Un ...
Guinea's bauxite exports witnessed a 39 per cent surge in Q1 2025, valued at 48.6 million tonnes, despite ongoing setbacks concerning the cancellation of the licenses of major operators. The majority of Guinea's bauxite in Q1 2025 was exported to China, where aluminium production further recovered, ...
Alcoa Corporation has announced the successful closing of its sale of a 25.1 per cent ownership interest in the Ma’aden Joint Venture to the Saudi Arabian Mining Company (Ma’aden), by a binding share purchase and subscription agreement.
Through this transaction, Alcoa has received proceeds of app ...
LB Aluminium Bhd announced that it is acquiring a 6.74-acre leasehold industrial land along with existing buildings in Banting, Selangor, for RM 22 million (USD 5.21 million). In a filing with Bursa Malaysia, the aluminium extrusion manufacturer said the property is being purchased from Lucksoon Coa ...
As of Thursday, this week, the SMM alumina index stood at RMB 3,112.73 per tonne, down RMB 11.94 per tonne from Thursday last week. In Shandong, prices were reported at RMB 3,050-3,110 per tonne, down RMB 15 per tonne from Thursday last week; in Henan, prices were at RMB 3,080-3,120 per tonne, uncha ...
A seminar, jointly organised by BetterCans, LLC and Ohio State University, is gaining attention in the metal packaging space. Designed for canmakers, non-canmakers, and brand owners, the event will feature key voices from the canmaking and beverage industries. With the theme "A Young Packaging for F ...
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