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Mecwin and Fraunhofer IWKS join hands to advance rare earth magnet manufacturing in India
21 Jun 20262MINS
SupplementAL
Mecwin Technologies India Pvt. Ltd. has signed a Memorandum of Understanding (MoU) with Germany-based Fraunhofer IWKS to support development and production of sintered neodymium-iron-boron (NdFeB) permanent magnets in India. The partnership is meant to augment India’s capabilities in manufacturing rare earth magnets, a segment gaining strategic importance in view of growing demand from electric vehicles, renewable energy systems, industrial equipment and defence applications. Under the terms ...
Dual rise in raw material costs, elevated expenses, aluminium fluoride price stalemate continues
21 Jun 20263MINS
Alumina
This week, trading sentiment weakened somewhat for domestic aluminium fluoride enterprises, with prices running steady. As of now, SMM’s aluminium fluoride reference price is RMB 11,280-11,700 per tonne; cryolite prices also held steady, with SMM’s reference price at RMB 7,000-8,500 per tonne. Raw material side, the 97 per cent fluorite wet powder market was largely stable, with mainstream delivery-to-factory prices at RMB 3,100-3,400 per tonne, and notable price spreads by region. Supply sid ...

21 Jun 20263MINS
Recycled AL
As we look more closely into the aluminium industry of China, the leading exporter in the global aluminium supply chain, it appears to fall short in the aluminium scrap market. How do we know? China’s import data accumulated from the International Trade Administration offer evident pointers. In Q1 2026, China sourced 526,380 tonnes of aluminium scrap from the world, which reflects a notable year-on-year surge of 3.92 per cent from the import volume of 506,546 tonnes in Q1 2025. The spike in i ...
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