Russian-origin metal made up almost all available aluminium stocks in London Metal Exchange (LME) warehouses at the end of October (99.98 per cent), with Indian-origin aluminium accounting for the remaining 50 tonnes, according to exchange data. Total available, or on-warrant, aluminium inventories declined 4 per cent month on month to 216,950 tonnes, their lowest level since March 2025. Russian-origin stocks fell by 9,725 tonnes to 216,900 tonnes during October, but their share of available inventories remained almost unchanged. 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 Outlook " Although Russian aluminium produced before April 13, 2024, remains...
LME aluminium prices strengthened across cash, three-month and December 27 contracts on November 11, 2026, as declining exchange inventories and constraints on immediate metal availability continued to support the market. The cash offer price rose 2.76 per cent to USD 3,223.5 per tonne , compared with USD 3,137 per tonne on November 10. The cash bid price also increased by 2.81 per cent, reaching USD 3,223 per tonne from USD 3,135 per tonne in the previous session. The LME aluminium three-month bid price advanced 1.22 per cent to USD 3,062 per tonne from USD 3,025 per tonne, while the corresponding offer price climbed 1.22 per cent to USD 3,064 per tonne from USD 3,027 per tonne. Similarly, the December 27 bid price rose 0.96 per cent to USD 2,930 per tonne, compared with USD 2,902 per...
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According to a brief from Hindalco Industries on Wednesday April 10, the company temporarily suspended the operations of its alumina facility in Muri, Jharkhand, after an incident, in which the red mud storage area connected to the plant had collapsed leading to injuries. "There was an incident in the red mud (bauxite residue) storage area connected to the alumina plant situated at Muri, Jharkhand, on 9th April 2019 (Tuesday). The incident involved a spillage in the red mud cake storage area," the company said in a filing to the BSE. The company statement said that Hindalco suspended the operations temporarily to assess the situation and to prevent further damage. According to the preliminary investigations, the incident had not caused any material harm to the surrounding environment or...
Ball Corporation recognized its five most sustainable manufacturing plants of 2018 with the R. David Hoover Sustainability Award. The five plants demonstrated significant efficiency improvements, team safety and wellness enhancements, promotion of metal packaging's sustainability credentials, and community engagement. John A. Hayes, chairman, president and chief executive officer said: "We are honored to announce the recipients of the 2018 Hoover Sustainability Award, and we applaud their success in making Ball's products and operations more sustainable.” "At Ball, sustainability and delivering long-term value for stakeholders go hand in hand, and these five plants have demonstrated leadership in achieving both. We're proud to offer the most sustainable packaging choice, and we look...
According to Shanghai Metals Market, operating rates across secondary aluminium producers in China have recorded a growth of 22.02 percentage points month-on-month and 0.3 percentage point year-on-year to average at 61.12 per cent in March. This hike in secondary aluminium operating rates is attributable to weak export prices that drove aluminium scrap producers to focus on the domestic market rather than sending the scrap overseas. Increasing demand is also a reason for the growth in secondary aluminium operating rates, particularly for the sharp month-on-month rise. Downstream buyers had brought forward their April orders to chase VAT invoices with a rate of 16 per cent before the tax cuts took effect and that resulted in demand increase. However, in April, the operating rates across...
Australian Bauxite Limited had produced 31,600 tonnes of bauxite from its Bald Hill mine as reported on Monday 9 April. With this, the company has achieved the target of 30,000 to 33,000 of cement-grade bauxite 3 weeks before the contract date of 1 May 2019. Production still continues at the Bald Hill Bauxite Project and the total production is expected to cross 33,000 tonnes by the end of this week. Trucks have already delivered 31,600 tonnes to the port stockpile at Bell Bay. The volume is now loaded at the port and deliveries are ready to be shipped. Shipping plans are also advanced and the shipped are expected to arrive a week earlier than planned. Plans are underway to achieve a maximum shipment of 33,000 tonnes, subject to berth and tide conditions. Additional product stockpiles of...
A large number of countries are found actively participating in recycling aluminium to produce fresh metal. The infinite recycling properties of aluminium are of course, not unknown to us, neither the fact that it involves about 95 per cent less energy than the primary production process. As per the report released by London-based Technavio, the global aluminium recycling market will rise to 32.12 million metric tonnes by 2021, at a CAGR of nearly 8 per cent. Some of the major players in this sector are the United States, Germany, United Kingdom, France, and Saudi Arabia. {newsStudioGallery} The use of aluminium scrap in some of the Southeast Asian countries has also been found growing. For instance, Indonesia’s import of aluminium scrap has been rising year over year, according to the...
Acer unveiled two new premium Chromebooks at the company’s next@acer press event held in New York. The new Acer Chromebook 715 and Acer Chromebook 714 feature military-grade durable aluminium chassis, fingerprint readers, and Citrix Ready Certification™. James Lin, General Manager, Notebooks, IT Product Business, Acer Inc. said: "The addition of a premium durable chassis and integrated fingerprint reader onto the latest Acer Chromebooks enhances the security and reliability of these devices. Employees of all types -- whether in a corporate office, small business, or an educational setting -- need reliable, powerful PCs that help protect their data, perform well, and look great. These new Acer Chromebooks fit that bill." The new Acer Chromebooks can be powered by a range of processors,...
According to the latest report from US Geological Survey, US primary aluminium production in January 2019 was 95,000 tonnes. The average daily production in January 2019 was 3,050 tonne, essentially unchanged from that in December 2018. However, the production registered a 43% increase from January 2018 and 52% more than January 2017. At this current rate, US aluminium production is likely to cross one million tonne in 2019. The aluminium sector continued to recover a large volume of scraps. Total aluminium recovered from scrap in January 2019 was 290,000 tonnes, unchanged from the previous month. However, the amount drops 6% YoY, indicating a drop in domestic recycling. Of this, 172,000 tonnes of aluminium was recovered from new scrap and 118,000 tonne was recovered from old scrap. The...
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, decreased some 5,000 tonnes from Thursday April 4 to 1.636 million tonnes as of Thursday April 11, Shanghai Metals Market data showed. In Shanghai and Nanhai, Guangdong, inventories of primary aluminium declined 4,000 tonnes and 11,000 tonnes from Thursday April 4 to stand at 290,000 tonnes and 374,000 tonnes respectively. Stocks in Wuxi, Jiangsu and Gongyi, Henan increased 2,000 tonnes and 10,000 tonnes from last Thursday to 586,000 tonnes and 145,000 tonnes on Thursday, April 11. The chart below indicates the current status of primary aluminium inventory across China: A00 aluminium ingot price recorded a growth of RMB20 per tonne on Friday, 12 April 2019. Ingot price increased from...
The US dollar index sharply rose on Thursday, driven by strong producer prices and unemployment claims. Base metals mostly traded lower across the board on Thursday. LME aluminium slipped 0.4% and SHFE aluminium dipped 0.07%. Pressurised by the stronger greenback, three-month LME aluminium fell to a one-month low of US$1,854 per tonne before it recovered some losses to end 0.4% lower at US$1,859 per tonne, below all moving averages, on Thursday. LME aluminium is expected to trade at US$1,850-1,880 per tonne today. As on April 12, LME aluminium cash (bid) price stood at US$ 1846.50 per tonne, LME official settlement price stands at US$ 1847.50 per tonne; 3-months bid price stands at US$ 1862.50 per tonne, 3-months offer price is US$ 1863.50 per tonne; Dec 20 bid price stands at US$ 1993...
Seventy additional bauxite plateaux have been recently discovered by Canyon Resources Limited across three permits at Minim Martap project, according to Proactive Investors report. Canyon used a light imaging, detection and ranging (LiDAR), and high-resolution ortho-photographic survey to identify the plateaux. The company reportedly processed data from the survey into a highly accurate and detailed elevation model (DEM), which enabled them to identify the size, location and elevation of the additional plateaux on the Minim Martap, Makan and Ngaoundal permits. Phillip Gallagher, Canyon managing director said, “It is pleasing to see that the untested bauxite plateau that can be seen into the distance when visiting the project are all at a similar elevation as the identified high-grade...
Aluminium Bahrain B.S.C. (Alba) has reported improved aluminium production and sales volume in Q1 2019 despite lower aluminium prices. The production jumped 5% YoY to 272,707 tonnes and the sales’ volume topped 257,113 tonnes in Q1 2019, up by 2% Year-over-Year (YoY). Value-Added (VA) Product Sales contributed an average of 52% of total shipments compared with 58% for the same period in 2018. Commenting on Alba’s Sales’ volume and Production for Q1 2019, Alba’s Chief Executive Officer, Tim Murray said: “We are very pleased to have kicked-off 2019 strong despite market volatility. As we get closer to fully ramp-up Line 6 within Q3 2019, Alba will be positioned to further improve its operational performance and build upon the progress we made since we started Line 6 Expansion Project.” Alba...
As the wet season in Australia from November 2018 to April 2019 comes to an end, Metro Mining Limited has reportedly geared up and resumed bauxite mining at the Bauxite Hills Project in Far North Queensland. The company this year expects to be able to build on the success of its first operation year in 2018. The primary target of Metro Mining in 2019 is to meet the increasing demand of bauxite from China, particularly from refineries in inland Chinese provinces where supply was hindered by recent mine closures and environmental audits. This year China is expected to import 90 million tonnes of bauxite, compared with 82 million tonnes last year. Even in the subsequent years, the bauxite demand from China is likely to remain strong and grow to as high as 180 million tonnes by 2030,...
Dragon Products, a manufacturer and supplier of critical equipment to the energy and industrial industries, recently completed the acquisition of specific assets of Vantage Trailers, based in Katy TX. Though the detail terms of acquisition have not been divulged, the acquisition covers the aluminium trailer manufacturer’s assets, trademarks, patents, design and rights of use to all aluminium bulk aggregate/aluminium dump trailers and pneumatic trailers. “By adding the Vantage Trailer brand to Dragon’s current product line, both brands will now have a stronger presence with broader applications in the aggregate industry,” said Johnny Tennison, Dragon’s vice president. “Customers will receive the same high-quality equipment they’ve come to know and trust with Vantage from a business backed...
According to Shanghai Metals Market, the inventories of 6063 aluminium billet continue to drop for the fifth consecutive week across five major Chinese consumption areas, as consumption recovered at a slower pace. The SMM data shows the aluminium billet inventories as on today, April 11, are standing at 108,400 tonnes, after falling some 3,600 tonnes week-on-week. On April 4, the billet inventories had fallen by some 8,700 tonnes W-o-W and pegged at 112,000 tonnes. This indicates that today’s decline of inventories was slower than the previous week. The chart below indicates the current status of the billet inventories across China: In the above chart we can see that 6063 aluminium billet inventories in Foshan, Guangdong have recorded a plunge today by 5,000 tonnes to clock at 75,600...
While Canada and Mexico have signed the new USMCA trade deal with the US; there is still no confirmation on whether the US will remove the aluminium tariffs on its two big trading partners without imposing any import quota. The 10% tariff on imported aluminium that was imposed in March 2018 by Trump has complicated the trade equations with Mexico and Canada. We would try to analyse how the tariffs have impacted the foreign trade of semi-finished aluminium products (bar, rod, plates, sheets etc.) with this two allies. {newsStudioGallery} The US exported about 382,000 tonnes of semi-finished aluminium to Canada in 2018, a drop of about seven per cent from 409,000 tonnes in 2017. While about 250,000 tonnes of semi-finished products were imported by the U.S. from Canada in 2017, it dropped...
Lindian Resources announced that it signed an exclusive option agreement with KB Bauxite Guinea Sarlu and its sole shareholder Guinea Bauxite Pty Ltd, in a bid to acquire the Gauoal Bauxite Project. The project spanning over 332 square kilometres is strategically located close to essential infrastructure, 64 kilometres away from Sangaredi Railway and 155 kilometres from deep water Kamsar Port. According to the agreement, Lindian can initially acquire up to 51 per cent interest in the project. But for that, the company needs to invest around US$1 million towards the project development in the next 24 months, with rights to move to 75 per cent equity interest in KB Bauxite. The agreement also prompts that Lindian will reimburse any funds spent by KB Bauxite on the development of the...
During the AMAG Austria AG Metall Annual General Meeting 2019 three new members were elected to the Supervisory Board, a comapny press release says. Dr. Wolfgang Bernhard, Peter Edelmann and Thomas Zimpfer were elected to the Supervisory Board. At the constitutive meeting of the Supervisory Board which followed the Annual General Meeting, Herbert Ortner, a member of the Supervisory Board since April 2018, was elected as the new Chairman of the Board. The 50-year-old industry expert succeeded Dr. Josef Krenner, who held the position since May 2012. Gerald Mayer, CEO of AMAG Austria Metall AG, comments: "We would like to thank Dr. Josef Krenner, Dr. Hanno Bästlein and Dr. Franz Gasselsberger for their excellent cooperation and support in our growth strategy. At the same time, we are looking...
Norway-based fully integrated aluminium company Hydro will reportedly upgrade its casting operations at Husnes with a newly developed in-house technology Low Pressure Casting (LPC). The technology is believed to enable Hydro to produce more advanced materials for various extrusion segments, including automotive aluminium forging. Ola Sæter, head of Hydro’s fully owned primary aluminium plants, said: “Forge stock for products like suspension arms and knuckles is an attractive market for aluminium within the automotive industry, which needs ever more aluminium to fill its need to lightweight cars and reduce emissions.” Hydro is ready to contribute its share to the growing automotive aluminium forging market, he concluded. The Low Pressure Casting technology, which was jointly developed by...
