Vedanta Aluminium Metal Ltd is turning to captive bauxite supplies to manage rising raw material costs as a pricing dispute with its long-term supplier, Odisha Mining Corporation Ltd (OMCL), puts pressure on its procurement expenses. The company plans to begin production at its Sijimali bauxite mine in Odisha during the current financial year, targeting an initial output of 1 million tonnes. Vedanta received long-pending consent to operate the mine in September. Production is expected to increase to 5–6 million tonnes in FY28, with the captive resource anticipated to replace imported bauxite and reduce the company's dependence on external suppliers. The mine is expected to generate savings of approximately USD 25 per tonne, according to chief financial officer Anup Agarwal, who discussed...
LME aluminium stocks declined by more than half during the first nine months of 2026, falling by 267,875 tonnes from 509,250 tonnes on January 2 to 241,375 tonnes on September 30 (52.6 per cent). The decline continued throughout the period, with average warehouse inventories falling each month. Compared with the same period in 2025, monthly average stocks were lower across all nine months, with the gap widening in the third quarter. Q1 LME aluminium stocks fall 18.2 per cent LME aluminium inventories continued to decline during Q1 2026. Month-end stocks fell from 495,725 tonnes in January to 465,550 tonnes in February, before dropping further to 416,775 tonnes in March. Monthly average inventories stood at 498,670 tonnes in January, 481,801 tonnes in February and 440,710 tonnes in March....
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Technology has been developed by a small company in Quebec, Canada, that makes it possible to eliminate for years all the viruses that can be found on surfaces with frequent contact. Guy Leblanc, Vice-President and Medical Advisor said: “A3 Surfaces has designed a process that incorporates and seals an antimicrobial agent in aluminium. We were topical before COVID-19, we are even more today.” In 2009, the product of academic work by two students, Maxime Dumont and Jocelyn Lambert, the technology targeted bacteria that often swarm in hospitals, such as C. difficile. <iframe width="500" height="300" src="https://www.youtube.com/embed/Oq0eUPvDsac" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> Guy Leblanc also said:...
Mining company South32 reported alumina production of 3.911 million tonnes in the nine months ended March 2020, compared to 3.743 million tonnes in the nine months ended March 2019. That was down 4 per cent year-on-year. In Q3 FY20, alumina production stood at 1.276 million tonnes, down 4 per cent quarter-on-quarter. Worsley Alumina saleable production increased by 3 per cent to 2.869 million tonnes in the nine months ended March 2020 “as the refinery benefitted from improvement initiatives expected to support a sustainable increase in production to nameplate capacity of 4.6Mt (100% basis)”. Sales from Worsley Alumina fell 12 per cent to 860,000 tonnes during the March 2020 quarter. That was due to scheduled calciner maintenance impacted production, and a shipment slipped to the June 2020...
Shanghai Metals Market found a bullish trend today, as of April 20, throughout the Chinese aluminium market. The prices of alumina to aluminium alloys have recorded significant growth ranging between RMB 50 per tonne and RMB 350 per tonne. According to SMM data, the average alumina spot price has recorded a rise of RMB 51 per tonne today, after displaying a sluggish trend for over the past two months. The alumina spot price since the mid of February started slowing down from RMB 2,573 per tonne to come as low as RMB 2,064 per tonne, as of April 17. Today, on April 20, the price has jumped by RMB 51 per tonne to RMB 2,115 per tonne. The north of China has seen the highest growth today in alumina price by about RMB 75 per tonne to RMB 2,125 per tonne, followed by the rise of RMB 50 per...
The Japanese demand for aluminium in 2019 remained strong, though the aluminium wire import market reflected de-growth during 2017-19. The total import volume during 2017-19 was recorded at 23,302 tonnes and the foreign revenue expended stood at $77.28 million. The import estimated for 2020 is 6479 tonnes, while the revenue to be expended might reach to $21.23 million. When the figures are added with the last three years, the import volume reflects 29,682 tonnes and expenditure stands at $98.51 million. The major countries Japan has been trading for aluminium wires are Bahrain, Canada, Netherlands, Thailand, UK, USA, Vietnam, etc. Japan’s aluminium wire import market in 2017 was recorded at 8492 tonnes with revenue expenditure stands at $28.54 million. In 2018 the aluminium wire import of...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continue to decline over the weekend on improved demand. Inventories came in at 1.435 million tonnes as of Monday April 20, down 60,000 tonnes from Thursday April 16. The chart below shows the current status of the primary aluminium inventories across China in more details: Primary aluminium stocks in Wuxi, Shanghai, and Nanhai decreased by 16,000 tonnes, 1,000 tonnes and 35,000 tonnes from April 16 to stand at 604,000 tonnes, 171,000 tonnes and 306,000 tonnes on Monday, 20 April 2020. But inventories in Tianjin stood at 57,000 tonnes, up 1,000 tonnes. Stocks of primary aluminium in Gongyi and Hangzhou stood at 133,000 tonnes and 141,000 tonnes, a...
According to Shanghai Metals Market, China’s secondary aluminium operating rates in March rebounded 29.2 percentage points from February to come in at 47.32 per cent. But when compared to the same period last year, the operating rates stood 16.37 percentage points lower, learned SMM. Resumption of large and medium scale producers was the major drive behind the rise in operating rates, while small companies grappled with the shortage of aluminium scrap supply and recovered at a slower pace. SMM survey also showed the overall sales of secondary aluminium in March were 70-80 per cent of the level during the same period last year. Large amounts of backlogged orders and stockpiles since the Chinese New Year holiday primarily supported operations of secondary aluminium plants in March. However,...
The US dollar edged lower last Friday, April 17. The dollar index, which tracks the greenback against a basket of other currencies, shed 0.36% on Friday and ended at 99.71, 0.22% higher on the week. LME aluminium shed 0.53% and SHFE aluminium advanced 3.2%. Three-month LME aluminium lost gains from the Asian trading hours. It dropped from an intraday high of US$1,534 per tonne and closed at US$1,505 per tonne, down 0.53% on the day. Shanghai Metals Market expects the contract to trade at US$1,490-1,540 per tonne today. As of Friday, April 17, LME aluminium cash (bid) price stands at US$ 1482.50 per tonne, LME official settlement price stands at US$ 1482.50 per tonne; 3-months bid price stands at US$ 1520 per tonne, 3-months offer price is US$ 1520 per tonne; Dec 21 bid price stands at US$...
Tianjin Zhongwang Co., Ltd. has received Aluminium Stewardship Initiative (ASI) Performance Standard Certification for its Tianjin operations. The operations include casting, hot and cold rolling, finishing and annealing with outputs of ingot, thick plate, sheets and coil products. The plant has an annual production capacity of 1.8 million tonnes. The products are used in the automotive, aerospace, ship building, rail and packaging sectors. Fiona Solomon, Chief Executive Officer at ASI said, “We congratulate Tianjin Zhongwang Co., Ltd. on their recent ASI Performance Standard Certification. It is important to see large production facilities throughout the world stepping up with an initial and ongoing commitment to responsible practices through ASI Certification.” The ASI Certification...
The National Aluminium Company Ltd. (NALCO), the Indian state-owned aluminium production Company, on 18 th April’20, made public that it has obtained the mining lease of Angul’s Utkal-D coal block. The permission has been granted by the Odisha state government and a notification has been issued on 16 th April through the State Mines Department. Nalco stated that: “As per the notification, the mining lease of Utkal-D coal block is over an area of 301.28 hectares in villages Kosala, Nandichood, Similisahi and Raijharan under Chendipada Tahasil of Angul District.” Expressing confidence that the operationalization of Utkal-D coal block will support significantly to the bottom line of NALCO, Sridhar Patra, CMD, NALCO, has thanked the Odisha State Government and the Government of India for...
Raghu Vamsi Aerospace Group, based in Hyderabad, India, has been manufacturing aerospace parts and sub-assembly components. The firm has developed a fully functional advanced portable ventilator — ‘Telangana Economical Ventilator-TEV 100’. The group companies Raghu Vamsi Aerospace, Sigma Micro Systems and Comprotech, an Adani and Raghu Vamsi joint venture have jointly developed the ventilator. Vamsi Vikas Ganesula, MD, Raghu Vamsi Aerospace Group, said: It took 10 days to design, test and manufacture the ventilators.” The design was examined with the Research & Innovation Circle of Hyderabad (RICH) and was approved by the US FDA. The team after discussing with the doctors who were treating COVID-19 patients in the USA and UK, they decided to add advanced features. The group used all the...
In collaboration with Klassen, the exclusive car turner from Germany, the Monaco-based Dynamiq Yachts has designed a fast, sporty, all-aluminium 27.5-metre yacht GTM 90, which evokes nothing less than richness and sophistication, according to Dynamiq partner Giuseppina Arena. Giuseppina Arena is also of the opinion that the yacht possesses some of the design features found in Klassen cars, such as rich wood panelling and LED lights, and can be personally configured as well. Commenting on the collaboration of Klassen and Dynamiq, Paul Klassen stated: “Dynamiq and Klassen share the same values related to high-end materials, engineering, finishing and maximum comfort on board for their demanding clientele. It's all about flawless perfection and first-class comfort on land and sea.” The total...
Antam, the Indonesian mining and metal giant, recorded positive operating, sales and financial performance in 2019. Audited sales were Rp 32.72 trillion, up 29.44% from the previous period of Rp 25.27 trillion. The sales were supported by the growth of production level and sales of main commodities. On 17 th April’20 Kunto Hendrapawoko, Antam’s Corporate Secretary stated: "Bauxite commodity also contributed positively to the increase in the Company's revenue. In 2019, the level of bauxite production reached 1.73 million wmt with bauxite sales reaching 1.66 million wmt with a bauxite sales value of Rp 758 billion.” Kunto also said: "As the completion of the acquisition process of the entire shares of PT Indonesia Chemical Alumina (ICA), in 2019, the company has fully consolidated ICA's...
The aluminium scrap export market of Central European nation Hungary during 2017-19 has remained very promising, as the total export volume during the period stood at 277,261 tonnes, while the revenue generation at the same time remained at $367.85 million. The total export of aluminium scrap for 2020 has been estimated at 98,759 tonnes and the revenue to be collected might stretch up to $150.69 million. When the export volume of the past three years is added with 2020, the total volume stands at 376,020 tonnes and revenue income stands at $518.54 million. Hungary’s aluminium scrap export in 2017 was recorded at 80,424 tonnes, whereas the revenue generation was recorded at $94.98 million. In 2018 the aluminium scrap export of Hungary saw growth by 19.33%, as the total export remained at...
The US dollar was roughly flat on the first day of the week, April 13, amid thin trades with Europe out on holiday. The dollar index, which tracks the greenback against a basket of other currencies, was little changed on the day and finished at 99.504. On Tuesday, it declined to 98.875 as risk appetite returned to the market after the better-than-expected economic data from China dispelled some concerns about the coronavirus impact on the world’s second-largest economy. On Wednesday, it rebounded at 99.573, and then at 99.9 on Thursday, April 16. Three-month LME aluminium rebounded on Tuesday, April 14, after the decline, closing up 2.09 per cent higher on the day at US$ 1,515 per tonne with short covering their positions. On Wednesday, it closed at US$1,516 per tonne, down 0.2 per cent....
The average spot price of alumina continued to drop over the week. The week started with a decline of RMB 42 per tonne and stood at RMB 2079 per tonne on April 13. The alumina price stood RMB 6 per tonne and RMB 9 per tonne lower at RMB 2073 per tonne and RMB 2064 per tonne on April 14 and April 15. The price did not show any movement on Thursday and Friday. Other raw materials like Bauxite (6.0≤Al/Si＜7.0)Shanxi, Alumina (Imported), Australian Alumina FOB Price, and Prebaked Anode East are currently hovering at RMB 540 per tonne, RMB 2075 per tonne, USD 225 per tonne and RMB 2830 per tonne as of Friday, April 17. The A00 aluminium ingot price witnessed an upward movement over the week. The price started the week with an increase of RMB 60 per tonne on Monday. The price continued to trend...
Not even a month or two went by this year, the aluminium industry started facing a brand new challenge in the form of COVID19, followed by some of the severe impacts at its prices, demand, and consumption in the year last due to the US-China trade tensions, US aluminium import tariffs, and the world economic slowdown. The London Metal Exchange spot price for aluminium in 2019 had fallen by 17 per cent to average US$1,830 per tonne, and that of the free on board (FOB) Australian alumina price declined to US$342 per tonne, driven by rising supply with the return of Brazil’s Alunorte refinery to full production. In 2020 and 201, the LME aluminium spot price is forecast to decrease further, but slower than the year last, by around 7 per cent, approximately ranging between US$1,698 per tonne...
Boeing has announced that it will restart all Commercial Airplanes production in a phased approach at its Puget Sound-region facilities next week. The plant is currently closed in response to the COVID-19 pandemic. "The health and safety of our employees, their families and communities is our shared priority," said Stan Deal, president and CEO of Boeing Commercial Airplanes and senior executive in the Pacific Northwest. "This phased approach ensures we have a reliable supply base, our personal protective equipment is readily available and we have all of the necessary safety measures in place to resume essential work for our customers." Approximately 27,000 people for 747, 767, 777 and 787 programs will return to production. The 737 program will resume working toward restarting production...
Apple has made public about its new iPhone offering, the second-generation iPhone SE. iPhone SE attributes an aerospace-grade aluminium and durable glass design. The phone is water and dust-resistant with an IP67 rating for water resistance up to 1 metre for 30 minutes. The phone also comes with a 4.7-inch Retina HD display and comes with Touch ID for industry-leading security. Apple says its 4.7-inch Retina HD display with True Tone adjusts the white balance to match the ambient light for a more paper-like viewing experience. It is powered by the Apple-designed A13 Bionic to handle the most demanding tasks, and features the best single-camera system ever in an iPhone, according to Apple, which unlocks the benefits of computational photography including Portrait mode, and is designed to...
