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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In January, spot prices at northern ports showed only mild volatility. The benchmark 5,500 kcal per kg NAR coal opened the month at RMB 690 per tonne (USD 99.5 per tonne), rose to RMB 706 per tonne in mid-January, then retreated to RMB 693 per tonne before closing at RMB 699 per tonne on January...
The process of channelling industrial waste heat from TRIMET’s aluminium smelter located in Essen has been launched by TRIMET Aluminium SE in partnership with Iqony Fernwärme GmbH. This launch directly aims towards incorporating carbon-neutral energy, which will aid in boosting the environmental...
With the catchphrase “No Jhatke, Only Hatke,” meaning ‘no surprises, only uniqueness,’ Delhi-based lift and elevator manufacturer and service provider Polo Elevators India Pvt Ltd recently appointed The Great Khali, a renowned Indian wrestler, as its brand ambassador. Both the slogan and the...
Interact with light metals experts from around the world and learn the latest updates on key issues in the industry at the TMS 2026 Annual Meeting & Exhibition (TMS2026), scheduled for March 15–19 in San Diego, California. Here are a few highlights of the Light Metals program planned for this...
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...
Element Solutions Inc (ESI) today announced the completion of its acquisition of the Micromax conductive pastes and inks business, effective February 2, 2026. Micromax will operate within MacDermid Alpha Electronics Solutions , part of ESI’s Electronics segment. For 2026 aluminium market outlook,...
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...
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...
Futures: The aluminium alloy 2603 contract closed at RMB 22,300 per tonne, up RMB 85 yuan or 0.38 per cent from the previous trading day, indicating signs of short-term stabilisation. The K-value was 20.35, the D-value 24.93, and the J-value 11.2, all within the 20-50 range. The J-line has turned...
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...
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...
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...
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...
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...
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...
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...
During January 23-29, alumina prices held largely stable but continued to be soft. Mysteel's price assessment showed that the national spot price for metallurgical-grade alumina edged down by 0.3 per cent on a weekly basis to average RMB 2,648 per tonne (USD 381 per tonne) as of January 29. The...
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...
