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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As 2026 begins, the upstream aluminium value chain is expanding under rising pressure. New capacity is coming online, capital is returning to upstream assets, and prices are reacting more sharply to supply risk. Leadership reshuffles and cross-border partnerships point to a sector repositioning for...
Pakistan’s aluminium ore exports to China hit a record USD 14.16 million in 2025, a stunning leap that underscores the shifting dynamics of bilateral trade and industrial demand. Data from China’s General Administration of Customs (GACC) shows that aluminium ores and concentrates surged from just...
* Auctions for exploration rights to two bauxite mine blocks in North China's Shanxi province were aborted within less than a week in January, according to information published on the province's online natural resources trading platform. On January 26, an auction for the exploration rights to the...
SHFE aluminium 2602 fluctuated downward in the morning session, with the price centre lower than the previous trading day. Due to high aluminium prices and the Chinese New Year break at downstream processing enterprises, overall market buying sentiment remained weak. The mainstream transaction...
As artificial intelligence continues to develop rapidly, AI Computing Centre (AIDC) have become the foundation of next-generation computing. At the same time, their power demand and reliability requirements are increasing sharply. As a crucial part of power protection for AIDC, UPS lithium...
December 2025 saw a collaboration between the German milk beverage brand Münsterland and Paramount Pictures, launching a range of limited-edition aluminium cans that featured characters from the new SpongeBob SquarePants film ‘Search for SquarePants’. The limited launch series includes three...
After the market hours on Thursday, January 29, the Indian mining conglomerate owned by Anil Agarwal, Vedanta Limited, has shared the results of the December quarter, which are deemed to be higher in various parameters year-on-year. Net profit and other incomes In the last December quarter, the...
Aluminium prices on the London Metal Exchange showed mixed movements between January 28 and January 29, with cash prices diverging while forward contracts strengthened. On January 29, the LME aluminium cash bid price stood at USD 3323 per tonne, down 1.9 per cent from USD 3258 per tonne on January...
Evangelos Mytilineos, founder and CEO of Metlen Εnergy & Metals, posted on social media that the global industrial and energy company successfully produced 5 kilogrammes of gallium. It has marked a milestone in Europe’s critical minerals roadmap, since gallium, as a by-product of bauxite, plays a...
Global aluminium markets surged on Wednesday, pushing prices to their highest level in nearly four years as a sudden slide in the US dollar reignited risk appetite across base metals. The rally gathered pace after President Trump downplayed concerns over the greenback. Asked about the recent USD...
Egypt Aluminium Company (Egyptalum) saw its profitability weaken in the first half of the 2025-26 financial year, even as turnover rose, according to unaudited figures released to the Egyptian Exchange on January 28. Explore- Most accurate data to drive business decisions with Global ALuminium...
2025 has marked a year of upstream momentum for the aluminium industry. Across continents, bauxite mines and alumina refineries are coming online, quietly redefining where global supply begins. This shift is being driven by a wave of projects that are expanding raw material capacity and reshaping...
The first two days of India Energy Week (IEW) 2026 were not short on announcements, but one development cut through the noise — India and Canada quietly reset their energy relationship, anchoring it in trade, supply security and investment logic rather than political symbolism. Explore- Most...
As early photovoltaic or PV solar panel installations are nearing the end of their operational lifespan, solar panel recycling is turning out to be a central concern. With global solar capacity expansion in process, the focus is shifting toward an efficient and responsible implementation of PV...
According to Mysteel's daily price assessment, the national average spot price for metallurgical-grade alumina with a minimum purity of 98.6 per cent came in at RMB 2,648 per tonne (USD 381 per tonne), including the 13 per cent VAT on Wednesday, nudging down by RMB 1 per tonne from the day prior....
Alpha HPA, the high-purity alumina producer, launched an institutional placement worth USD 225 million. This fund will directly aid in the construction and commercialisation of the institute, which also includes an additional USD 75 million as a pre-committed by the National Reconstruction Fund...
From the previous close, the London Metal Exchange (LME) aluminium prices recovered with a steady increase. LME inventory side, however, followed the declining trend earlier, suggesting a global supply shortage of metal outflow. On January 28, the LME cash bid increased by 2.9 per cent from USD...
Futures: Last night, the most-traded AD2603 futures contract opened and then rose rapidly, hitting a high of RMB 23,990 per tonne, with the gain once approaching 1.91 per cent. It then pulled back quickly and finally closed at RMB 23,590 per tonne, down RMB 195 per tonne or 0.82 per cent from the...
