Futures: Yesterday, the most-traded SHFE aluminium 2506 contract opened at RMB 19,560 per tonne, with a high of RMB 19,615 per tonne, a low of RMB 19,530 per tonne, and closed at RMB 19,570 per tonne, up 0.46 per cent. Trading volume was 48,000 lots, and open interest was 191,000 lots. LME aluminium ...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter on one site, has etched a new precedent in the industry’s history books by achieving a historic milestone of 35 million safe working hours without a Lost Time Injury (LTI) on 08 May 2025, reaffirming its position as safety leader ...
China has been adorned with the title of ‘undisputed heavyweight’ in aluminium production for the past few years. It churns out over 50 per cent of the world’s aluminium and more than half of its alumina. But its towering lead rests on a weak foundation, i.e. imported bauxite. Despite sitting on a b ...
Rio Tinto, in collaboration with Indium Corporation, has reportedly extracted the first batch of primary gallium in its Vaudreuil alumina refinery in Quebec, the only refinery in Canada, as part of the move to produce commercial quantities of critical and strategic minerals present in the bauxite.
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AMAG Austria Metall AG, the biggest company in the Austrian aluminium sector, has announced the results for Q1 2025. The company witnessed growth in both revenue and earnings, with a 10 per cent rise in shipments under the rolling division, while the Metal Division benefited from higher aluminium pr ...
Swedish battery manufacturer Novo Energy’s partial owner, Northvolt, has filed for bankruptcy, citing over USD 8 billion in debt, which has in turn led to an unfortunate announcement of a 50 per cent staff layoff by the company.
Image source: iStock
The company struggled to secure funding to ra ...
US-based Carroll Shelby Engine Company, known for manufacturing specialised high-performance aluminium engines, has recently announced a major upgrade for its 289 V8 crate engine. The engine has been bored and stroked to increase its displacement to 364 cubic inches. As a result, it now produces ove ...
Century Aluminum Company, boasting a potent market capitalisation of USD 1.47 billion, reported its first-quarter 2025 earnings, revealing a substantial miss in earnings per share or EPS (USD 0.29 vs USD 0.44 last year) compared to expectations. The company’s adjusted EPS stood at USD 0.36, falling ...
No matter what industry it is, the demand for aluminium is skyrocketing alongside the urge to attain products which are sustainable, recycled and environmentally friendly. Rising demand for aluminium is surging due to the sectoral shift towards reducing GHG emissions. Hence, rapid aluminium usage is ...
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