Abu Dhabi-based International Holding Company (IHC) and India’s Adani Group have expanded their investment plans in Odisha, outlining INR 2.105 trillion (USD 25 billion) of potential investment across 14 projects spanning metals, critical minerals, energy, chemicals and infrastructure. The...
1. Macro perspective The US-Iran conflict escalated sharply. On September 9, Iran's Revolutionary Guard struck multiple oil tankers and merchant vessels in the Strait of Hormuz, causing a significant drop in strait traffic. Brent crude broke through USD 100 per bbl, closing at USD 101.21, while WTI...
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The escalating tensions surrounding the US-Israel conflict with Iran percolating down to the entire Middle East have triggered economic shockwaves across the globe. Aluminium and oil sectors are particularly vulnerable, and for obvious reasons. The Middle East is a pivotal region in aluminium...
Hydro has decided to further consolidate the Extrusions operations in Europe with a proposal to close the Lucé plant in France. This move is made to optimise the extrusion footprint in Europe and strengthen competitiveness. The proposed closure affects approximately 80 employees, and a formal...
In 2025, AMAG’s performance reflected strong aluminium prices against a backdrop of operational pressure. Revenue increased 2.1 per cent to EUR 1.47 billion, up from EUR 1.44 billion in 2024. The improvement was largely driven by market pricing. The three-month LME aluminium average rose 7.4 per...
Aluminium Stewardship Initiative (ASI) today announced that Intals S.p.A. has been certified against the ASI Performance Standard V3.1 (2023). The Certification covers the production of aluminium ingots and alloys, including pure and alloy aluminium ingots, master alloys, speciality products,...
Africa Finance Corporation and the Federal Government of Nigeria have signed a deal to invest in three major mining projects. One of them includes USD 1.3 billion for an aluminium refinery project. This agreement was signed under the Solid Mineral Development Fund (SMDF), a sovereign investment...
India’s leading carmaker, Maruti Suzuki, is finally stepping into the electric spotlight. And, it’s doing so with a little international collaboration. Maruti Suzuki India has chosen battery packs from China’s BYD Auto for its first mass-market electric vehicle, marking an interesting new chapter...
Newcastle has recently delivered more than just building materials - it has delivered safety to the vulnerable island community in Ha’Apai, where extreme weather is a constant threat. Fabricated in Newcastle and shipped across the ocean, windows and doors manufactured from special...
The impact of geopolitical developments may have started reflecting on the metal market, as aluminium prices on the London Metal Exchange (LME) shot up on March 2 compared to the previous close. Both cash and futures contracts reported gains by wide margins, while exchange inventories continued to...
Researchers at King’s College London have discovered a new form of aluminium which may offer a cheaper and more sustainable alternative to rare and expensive metals used in modern technology. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry...
The most-traded AD2604 aluminium alloy contract opened higher and retreated after a rapid rise, touching a high of RMB 23,305 per tonne before fluctuating downward, reaching a low of RMB 22,940 per tonne, and rebounding slightly at the close. It finally closed at RMB 230,450 per tonne, down RMB 135...
India's manufacturing sector is experiencing unprecedented growth, contributing approximately 17 per cent to the nation's GDP and employing over 27 million workers. Projected to reach $1 trillion by 2025-26, the sector has witnessed a 13.9 per cent growth in the Index of Industrial Production. With...
At Chadstone Shopping Centre, Carpark B has shifted from being a straightforward 850-bay parking structure to something far more distinctive. Where there was once a typical concrete shell, there is now a layered exterior that changes in appearance throughout the day. Light, shadow and movement...
Artificial Intelligence has reached a maturity level that allows it to generate real analysis and measurable gains in industrial operations. Yet, within the canmaking industry, its adoption remains slow, often due to a combination of cultural resistance, limited digital infrastructure, and the...
Aluminium Bahrain BSC (“Alba”), the world’s largest aluminium smelter at a single site, and AIP VII EUROPE SARL, a wholly owned subsidiary of AIP Fund VII, managed by American Industrial Partners (“AIP”), today announce that they have entered into an exclusive agreement under which Alba will...
The 2025 revenue generation of the Volta Aluminium Company Limited (VALCO) in Ghana has surpassed USD 120 million. This marks the highest and best performance by the company in recent years. The update comes at a significant juncture as the state-owned aluminium smelter proceeds with a turnaround...
When Emirates Global Aluminium (EGA) declared “strong underlying financial performance” for 2025, the forefront numbers were difficult to ignore. Underlying net profit (excluding Guinea Alumina Corporation) rose 16 per cent year-on-year to AED 4.93 billion (USD 1.34 billion), while total cast metal...
Rio Tinto is “actively considering” restarting the dormant fourth potline at the Tiwai Point aluminium smelter near Bluff. With global aluminium prices surging past USD 3,000 per tonne, hovering near historical highs at around USD 3,148 per tonne, up 24 per cent since the end of March 2025, the...
Chinese alumina prices largely tracked higher in the spot market on February 27, while alumina futures in Shanghai weakened further the same day. The domestic alumina market is expected to remain volatile in the near term amid rising market concerns following the US and Israeli strikes on Iran over...
