Mexico hopes to secure a favourable response from the United States to its request for lower tariffs on aluminium, steel and vehicles before the end of 2026, Economy Minister Marcelo Ebrard said. The Trump administration imposed 50 per cent tariffs on Mexican aluminium and steel and 25 per cent tariffs on vehicles, with an exemption for vehicles with US content. The duties were introduced on national security grounds under Section 232 of the US Trade Expansion Act. Speaking at a press conference in Mexico City, the Economy Minister said Mexican officials had presented technical arguments and supporting evidence to US authorities to justify reducing the tariffs. He argued that the United States runs a steel trade surplus with Mexico, making the tariffs on the metal unjustified from the...
A proposed AUD 3.7 billion data centre at the former Hydro Aluminium Kurri Kurri industrial site in New South Wales, Australia, could repurpose a major industrial property for digital infrastructure, with an estimated peak construction workforce of 1,210 people and around 254 ongoing jobs. The Kurri Kurri Data Centre project, proposed at Hart Road, Loxford, is seeking approval for the fit-out and operation of a large-scale data storage facility with a planned power consumption of 550.5 megawatts (MW). The development application, listed as a State Significant Development under reference SSD-128819490, is currently at the public exhibition stage. The proposal highlights how former aluminium industry sites could find new uses as demand for data storage and computing infrastructure expands....
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On Monday, a global recycling industry body informed that the European Commission's proposed limits on scrap aluminium exports are unnecessary and could actually harm the circular economy. Dating back to November, the Commission had implemented a restriction on these exports to keep the metal within the European Union (EU), ensuring that the domestic industry does not feel the weight of shortage. The move that is creating buzz The Commission’s move had been backed by the aluminium lobby, the European Aluminium, which mainly urged the policymakers to impose the export fees on the material. On the contrary, the Bureau of International Recycling (BIR), based out of Brussels, representing 37 national recycling federations, mentioned that the idea of an EU export ban or aluminium scrap trade...
From a distance, Golkonda Aluminium Extrusions’ Q2 FY26 numbers suggest movement but up close, they show how little of it there was. The micro-cap non-ferrous metals company, valued at INR 40 million (USD 0.44 million), reported net sales of INR 1.9 crores (USD 0.2 million) and a net profit of INR 0.5 million (USD 5525). That was an improvement from Q1 FY26, when revenue was nil. The year-on-year comparison only adds to the illusion. Sales were up 280 per cent from INR 0.5 million (USD 5525) in Q2 FY25, but the base was so low that the growth says more about arithmetic than execution. Revenue did reappear sequentially, yet the pattern across quarters remains uneven, with activity flickering on and off rather than building. Profit moved the same way, dropping sharply from INR 1.7 million...
Positioned strategically due to the increasing global bauxite demand, the Australian bauxite producer Metro Mining is targeting a production ramp-up from its 7 million tonne expansion while catering to the diversified customer requirements. CEO and Managing Director Simon Wensley considers 2026 to bear great potential for the company, focusing on maximising value from its operation expansion at Cape York’s Bauxite Hills mine. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain Referring to the strategic expansion announced to the market in late 2022, Wensley stated, “We’re really just trying to extract the maximum out of our 7 million tonne expansion.” Although seasonal maintenance put a temporary pause on production,...
With plans for an 880 MW solar-plus-storage project in California, private equity firm Younan Company is entering the US clean energy market as it decides to diversify beyond its conventional real estate and hospitality portfolio. To know more about the global primary aluminium industry 2026 outlook, book the report “ Global ALuminium Industry Outlook 2026 ". The Soleil Renewable Energy project, located in East Kern County, will combine large-scale solar generation with a 460 MW battery energy storage system (BESS),a pairing designed to improve grid reliability while maximising clean power delivery during peak demand. The project will be developed by a dedicated Younan subsidiary of the same name. Read More: Atlas Renewable Energy moves closer to 1 GW milestone in Colombia with new solar...
Aluminium prices on the London Metal Exchange (LME) recorded a notable increase on February 3 compared with the previous trading session, while exchange inventories moved lower. On February 3, the LME aluminium cash bid stood at USD 3,102 per tonne and the cash offer at USD 3,103 per tonne, rising from USD 3,041 per tonne bid and USD 3,042 per tonne offer on February 2. This marks a 2.01 per cent day-on-day increase in the cash bid and a 2.01 per cent rise in the cash offer. In the forward market, the LME aluminium 3-month bid climbed to USD 3,112.5 per tonne and the 3-month offer reached USD 3,113 per tonne on February 3, up from USD 3,065 per tonne bid and USD 3,066 per tonne offer on February 2. The bid increased by 1.55 per cent, while the offer advanced by 1.53 per cent. To know more...
Cambio Roasters has rolled out a new brand campaign that seeks to redefine the future of single-serve coffee for Keurig users, marking the introduction of what it describes as the first fully recyclable aluminium coffee pod designed specifically for Keurig machines. To know more about the global primary aluminium industry 2026 outlook, book the report “ Global ALuminium Industry Outlook 2026 ". Developed in collaboration with creative agency Lipman Studio, the initiative places sustainability at the centre of the conversation, urging consumers to reconsider the environmental cost of convenience-driven coffee habits. The campaign is driven by the Cambio Roasters’ aluminium pod, which encourages consumers to embrace a sustainable alternative to conventional plastic K-Cups. The company says...
Are you a rider who wants comfort blended with adorability? Then this is your time to read and act. Kinesis, a major Taiwan-based manufacturer specialising in the design and production of high-quality aluminium bicycle frames, forks and components, always puts the value for both affordability and durability at the core. The firm's newest RTD aluminium road frameset designs hold their own against carbon options when it comes to performance, value, durability and real-world practicality. Priced at GBP 950 (USD 1,298), the latest frameset shows a sturdy aluminium frame paired with a lightweight carbon fork, offers disc brake compatibility and has geometry tailored for endurance, which can accommodate tyres up to 34 mm wide. Unmatched claims The firm's Race The Distance (RTD) is deemed...
In a major move to strengthen its industrial base and cut reliance on imports, Uzbekistan has secured support from the International Finance Corporation (IFC) for its first greenfield aluminium can production facility, a strategic investment that could reshape the nation’s packaging landscape and create valuable jobs. To know more about the global primary aluminium industry 2026 outlook, book the report “ Global ALuminium Industry Outlook 2026 ". The project, led by East Can Solutions LLC and backed by up to USD 18 million in IFC financing, is coming up in Tashkent. It is designed to serve the fast-growing domestic beverage market with fully recyclable aluminium cans. By offering local producers a reliable supply alternative, the facility seeks to neutralise the challenges of volatile...
Australia’s bauxite story doesn’t shout for attention. It is not driven by sharp swings or sudden shifts, but by gradual adjustments across production, trade, and domestic use. Recent data shows output easing, exports rebalancing across markets, and a large share of material staying within the country’s refining system. Taken together, these trends point less to volatility and more to a controlled realignment, as Australia fine-tunes how it supplies both its own industry and a tightening global market. Production slipped from 104 million tonnes in 2023 to 100.2 million tonnes in 2024, a drop of about 3.65 per cent, before recovering in the first eleven months of 2025, when output rose to 101.4 million tonnes, marking a 1.20 per cent year-on-year increase. The longer view points to a...
The numbers tell a quiet but compelling story. Year after year, global aluminium foil consumption has moved steadily upward - not in bursts, but in a measured climb that signals durable, long-term demand that helps in aluminium market forecast. Back in 2018, worldwide aluminium foil usage was about 5.3 million tonnes. By 2023, that figure had climbed to 6.1 million tonnes. Current estimates place consumption at roughly 6.8 million tonnes in 2025, with volumes expected to move closer to 7 million tonnes in 2026. Europe is following a similar path. Demand is gradually firming up, supported largely by pharmaceutical packaging and the region’s continued shift toward premium products. However, stricter regulations aimed at reducing packaging waste, along with elevated energy costs, are keeping...
A prominent player in the sustainable energy sector, Atlas Renewable Energy, announced a new power purchase agreement (PPA) with a significant energy trading company in Colombia. With this deal, the development of the El Campano Solar Plant in the northern part of Colombia gets the nudge to proceed with it. It will enhance the reliability of the national electricity grid while also tackling the growing energy needs of the country. This project is deemed to be the second venture into construction in Colombia by Atlas Renewable Energy. This project perfectly aligns with the company’s ambitious goal of reaching 1 GW of installed renewable capacity in the country over the next few years. With the capacity of 128 MWp, the project will start its operations at the plant by the end of 2027 and...
London Metal Exchange aluminium prices weakened across most contracts on February 2, a trend following the previous session. Meanwhile, exchange inventories made a soft recovery. The LME aluminium cash bid price continued to slip, reaching USD 3,041 per tonne on February 2 from USD 3,109 per tonne on January 30, marking a 2.19 per cent drop. The cash offer price followed a similar trend, easing to USD 3,042 per tonne from USD 3,110 per tonne, also down by 2.19 per cent day-on-day. In the futures market, the LME aluminium 3-month bid price continued to edge downwards to USD 3,065 per tonne, compared with USD 3,132 per tonne the previous day, recording a 2.14 per cent decrease. The 3-month offer price slipped lower to USD 3,066 per tonne from USD 3,134 per tonne, a similar decline of 2.17...
The European Commission’s proposed extension of the Carbon Border Adjustment Mechanism (CBAM) has gained the support of Metal Packaging Europe (MPE), advocating fairer carbon pricing in line with broader climate objectives and decisive action to address emissions across supply chains. To know more about the global primary aluminium industry 2026 outlook, book the report “ Global ALuminium Industry Outlook 2026 " CBAM, a policy tool, aims to put a fair price on carbon emissions produced during the manufacturing of carbon-intensive goods like aluminium, steel, cement, etc., imported into the European Union. The European Commission has proposed extending CBAM to include downstream products of iron, steel and aluminium, with the expanded scope to be implemented from January 1, 2028. Read...
The US-based alternative investment firm, Stonepeak, is looking to undertake a 15 per cent stake in AM Green, the holding company of green energy, which is in advanced discussion now. With this, India is on the route to becoming one of the largest energy deals. The base of the deal It can be anticipated that the AM Green (Luxembourg) S.à r.l., sale stakes will be completed by next month. This capital boost will allow the firm to pay back USD 650 million in private credit. This was previously used to secure a 17.5 per cent stake in Greenko Energy Holdings from Japan’s Orix Corp, as part of a larger USD 7.5 billion deal. Also read: Union Budget FY2026–27 puts nuclear energy, carbon storage and critical minerals at the centre of India’s decarbonisation strategy The deeds of the expansion...
The London Metal Exchange (LME) aluminium contract entered 2026 with a bang of a hike, as in early January, the three-month contract crossed USD 3,000 per tonne for the first time since 2022, trading at USD 3,015.50 before extending gains later in the month. The move was not the product of speculative momentum alone. Back in 2022 production and energy costs, China’s production cap and Russia-Ukraine’s war imparted their fair share of spices into the price hike scenario. But this time, it reflected a convergence of constrained supply, tightening physical availability and US and EU’s policy-driven rigidity, consequently leading to altered price expectations for the rest of 2026. For the global aluminium value-chain 2026 outlook, get our exclusive report “ Global ALuminium Industry Outlook...
Ever since the US President Donald Trump’s tariff imposition, the market witnessed its regional aluminium premium rise, exceeding USD 1 per pound. Consequently, for the first time, the US Midwest Premium for aluminium has surged to an all-time high at USD 2,182 per tonne. According to the Fastmarkets report, this development occurred on January 28. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain In early June, the Trump administration imposed a 50 per cent tariff on aluminium imports, with the premium hitting a record above 64 cents. The US Midwest Premium, a surcharge over the London Metals Exchange (LME), has more than doubled and remained on a rising trend since then. On January 8, 2026, the premium exceeded USD...
The government of Odisha, in the presence of Chief Minister Mohan Charan Majhi, allotted Vedanta Aluminium, India’s largest producer of aluminium products , with land for over 1,447 acres, as a significant industrial push. This land has been provided to the firm for developing a 3 MTPA smelter project, which will be further accompanied by a 4,900 MW captive power plant in the Dhenkanal district. During the allotment letter handing process, not only the Chief Minister, but also Industries Minister Sampad Chandra Swain, Additional Chief Secretary (Industries) Hemant Sharma and other senior officials also showed their grace. Now, with this allotment, the firm gets one step closer to a better growth and expansion opportunity within the state. To know more about the global primary aluminium...
According to the latest regulatory filing, Summit Global Investments has significantly reduced its exposure to Kaiser Aluminum Corporation during the third quarter. The investment firm trimmed its holding in the industrial products manufacturer by more than half, selling 5,683 shares over the period. As a result, Summit Global ended the quarter with 5,347 shares of Kaiser Aluminum stock, a position valued at approximately USD 413,000 at the close of the reporting period. Kaiser Aluminum is a US-based manufacturer of semi-fabricated aluminium products traded on the Nasdaq under the ticker KALU. To know more about the global primary aluminium industry 2026 outlook, book the report “ Global ALuminium Industry Outlook 2026 ". The move came amid broader portfolio adjustments by institutional...
