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Aluminium and green energy: Chinese investors eye manufacturing project in Bintulu, Malaysia
Sustainability

Aluminium and green energy: Chinese investors eye manufacturing project in Bintulu, Malaysia

Chinese investors are exploring plans to develop an aluminium production plant alongside green energy facilities in Samalaju, Bintulu, Sarawak, in a proposed investment aimed at supporting manufacturing activities targeting international markets Malaysia's Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said the proposal involves not only establishing an aluminium manufacturing facility but also developing green energy sources to supply electricity for its operations. Speaking to reporters after attending the Malaysia-China Cooperation Meeting on Investment, Trade and Economic Empowerment in Kuala Lumpur on November 2, 2026, Ahmad Zahid said efforts to attract the investment had been underway for some time, given Samalaju's potential to accommodate large-scale industrial...

Sustainability

15 EU nations back Warsaw Declaration to strengthen industrial competitiveness, energy security and aluminium scrap supply: European Aluminium welcomes the act

European industry is facing a difficult balancing act of maintaining global competitiveness while accelerating decarbonisation, securing critical raw materials and managing persistent energy-cost pressures. Against this backdrop, 15 European Union (EU) member states have endorsed the Warsaw Declaration 2026, calling for a stronger industrial policy that places competitiveness, economic security and manufacturing resilience at its core. Adopted following the 9th Friends of Industry Ministerial Conference in Warsaw on October 26, the declaration outlines a coordinated approach to protecting Europe's industrial base. Its priorities include affordable energy, reliable access to secondary raw materials, stronger trade defence mechanisms, technological sovereignty and reforms to the EU's carbon...


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Ghana hosts Guinean investor at $17.5b Nyinahin bauxite deposit after Rusal
Bauxite

Ghana hosts Guinean investor at $17.5b Nyinahin bauxite deposit after Rusal

Ghana is exploring further foreign investment in its Nyinahin bauxite deposits, with the Ghana Integrated Aluminium Development Corporation (GIADEC) hosting a delegation from Guinea’s ORG Technology at the site on November 1, 2026. The visit took place just three days after Ghana agreed with Russia’s Rusal to jointly develop part of the same deposit. The delegation was led by GIADEC Deputy Chief Executive Officer Maxwell Essien and included representatives of ORG Technology. Atwima Mponua District Chief Executive Ibrahim Issahak received the team in Nyinahin, in the Ashanti Region. The visit signals interest from another foreign company in a deposit that Ghana has been seeking to develop for several years. However, no details were provided about ORG Technology’s proposed role, whether it...

India’s PG Foils and Bahrain join hands to build high-value aluminium foil plant
Downstream

India’s PG Foils and Bahrain join hands to build high-value aluminium foil plant

India-based PG Foils Limited plans to establish a downstream aluminium manufacturing facility in Bahrain, focusing on electric vehicle (EV) battery foil and pharmaceutical foil production. The proposed investment is expected to expand the kingdom’s aluminium downstream capabilities and strengthen its manufacturing base. Bahrain’s Ministry of Industry and Commerce signed a letter of intent with PG Foils for the project. The agreement was signed by Industry and Commerce Minister Abdullah bin Adel Fakhro and PG Foils Joint Managing Director Sahil Shah during the fourth edition of the Gateway Gulf expo, which opened on November 1 in Manama. Explore: The most comprehensive and forward-looking industry-focused report – Aluminum Foil Market Report Forecast Till 2035 Hosted by the Bahrain...

US aluminium tariffs become campaign subject in Virginia congressional race as breweries face higher costs
End User

US aluminium tariffs become campaign subject in Virginia congressional race as breweries face higher costs

US President Donald Trump’s aluminium tariffs have become a point of contention in Virginia’s 5th Congressional District race, with Democratic candidate Tom Perriello arguing that higher metal prices are increasing costs for local breweries and beer consumers. Perriello and former Republican Congressman Denver Riggleman raised the issue during an event at the Water Dog in Lynchburg, where they met local brewers and customers to discuss the impact of tariffs on the brewing industry. Perriello said higher aluminium prices made it more expensive for breweries to package their products, and they passed the added costs on to customers. He said rising prices concerned people across the political spectrum. To learn the future of aluminium in the packaging industry, explore our report " ALuminium...

LME aluminium cash bid rises $43 as alumina prices gain 2.46%
Primary AL

LME aluminium cash bid rises $43 as alumina prices gain 2.46%

LME aluminium prices advanced on October 30 , with cash and futures contracts recording gains. The Asian Reference Price edged lower, while exchange opening stocks and cancelled warrants declined. Alumina Platts prices posted a stronger increase. Both the cash bid and cash offer rose 1.40 per cent, to USD 3,113.50 and USD 3,114 per tonne, respectively, from USD 3,070.50 and USD 3,071 per tonne. Three-month aluminium prices also moved higher. The bid climbed 0.52 per cent to USD 3,078 per tonne from USD 3,062 per tonne. The offer price also advanced 0.52 per cent to USD 3,080 per tonne from USD 3,064 per tonne. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price...

Macro sentiment in a tug-of-war between longs and shorts, destocking slowdown, aluminium prices consolidate
Primary AL

Macro sentiment in a tug-of-war between longs and shorts, destocking slowdown, aluminium prices consolidate

The most-traded SHFE aluminium 2612 contract closed at RMB 23,280 per tonne, down RMB 85 or 0.36 per cent from the previous trading day's settlement price. It opened at RMB 23,375 per tonne during the day and fluctuated within a range of RMB 23,250-23,445 per tonne. Prices traded below the MA5 (23,386.00), MA10 (23,300.00), MA30 (23,570.00), and MA60 (23,778.00) moving averages, weakening again after a rebound and showing a consolidating-on-a-subdued-note structure, with the moving averages above forming key resistance pressure. The MACD DIF (-121.7235) remained above the DEA (-168.5361), with the MACD red bar at 93.6251, indicating some convergence in bearish momentum. The core trading range for SHFE aluminium is suggested at RMB 23,000-23,600 per tonne. The LME aluminium 3M contract...

India makes the aluminium. So why is it unable to make enough Diet Coke cans?
End User

India makes the aluminium. So why is it unable to make enough Diet Coke cans?

India's Diet Coke shortage in 2026 exposed an unexpected weakness in the country's aluminium industry. Despite being the world's second-largest primary aluminium producer, India struggled to ensure adequate supplies of aluminium cans when disruptions to Middle Eastern shipping affected imports of specialised can-sheet material. The episode highlighted a structural gap in the domestic aluminium value chain: producing the metal is one thing, but converting it into higher-value finished products is another. The shortage emerged during the summer drinking season, when Diet Coke became increasingly difficult to find on Indian shelves. Quick-commerce platforms reported limited availability as shipping disruptions linked to the Middle East conflict affected aluminium supplies through the Strait...

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Can a giant heat battery change how alumina is refined? Rio Tinto puts it to the test with their 360 MWh heat battery project at Yarwun alumina refinery
Alumina

Can a giant heat battery change how alumina is refined? Rio Tinto puts it to the test with their 360 MWh heat battery project at Yarwun alumina refinery

Rio Tinto and Rondo Energy have commenced front-end engineering and design for a 30 MW/360 MWh thermal energy storage project at the Yarwun alumina refinery near Gladstone, Queensland, marking a potential milestone in the use of heat batteries to reduce emissions from alumina refining. The Rondo Heat Battery will store energy as high-temperature heat in refractory bricks and supply continuous process heat to support Rio Tinto’s alumina refining operations. If progressed, the project would be one of the first large-scale demonstrations of thermal energy storage for industrial process heat globally and a world-first for the alumina industry. Heat batteries target round-the-clock industrial demand Australia regularly experiences four to six hours of surplus solar-generated renewable...

Iran keeps Strait of Hormuz closed as seven conditions stall US negotiations
SupplementAL

Iran keeps Strait of Hormuz closed as seven conditions stall US negotiations

Iran has ruled out reopening the Strait of Hormuz until the United States meets seven conditions outlined in a June memorandum of understanding, prolonging uncertainty over a critical global energy shipping route as diplomatic efforts continue. Iranian parliament speaker Mohammad Baqer Qalibaf said Tehran’s position remained firm, state media reported on October 4. Iran had presented a proposal during the United Nations General Assembly under which normal maritime passage through the strait could resume within seven days if its conditions were met. Washington responded to the proposal last week through Qatari intermediaries. “The position of the Islamic Republic of Iran is completely clear and firm, and the Strait of Hormuz will not be opened until our seven conditions, based on the...

Vietnam aluminium firms seek zero export duty to counter cheaper imports
Primary AL

Vietnam aluminium firms seek zero export duty to counter cheaper imports

Vietnamese aluminium businesses are seeking a reduction in export duties to zero, arguing that the current tax rules put domestic suppliers at a disadvantage compared with imported materials. The Vietnam Chamber of Commerce and Industry (VCCI) has raised concerns over a proposal to cut export duties on unwrought aluminium, bars, rods, profiles and wire to 1 per cent from 5 per cent. The proposed duty on aluminium plates, sheets and strip in coils would be reduced to zero. Citing feedback from the Vietnam Aluminium Profile Association and businesses, VCCI said the proposed 1 per cent rate would bring little revenue to the state budget while leaving companies with administrative requirements, including tax declarations, payments, guarantees and post-clearance inspections. The chamber also...

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