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 much-needed good news in the global bauxite sector is here. The Russian-owned bauxite operator, RUSAL, as announced by the Government, would return with full operational capacity on the Berbice River, while the sector is undergoing plans for expansion. The announcement also included that the...
GDP is like a scorecard of the world economy - one number that says whether activity is up or down in a quarter or a year. It adds up everything produced, sold, and earned within a country. When it rises, factories run harder, construction picks up, and transport networks expand but when it slows,...
Shandong Innovation Group Co., Ltd. has achieved ASI Performance Standard V3.1 (2023) for the production of electrical round aluminium rods at Shandong Chuanghui New Material Technology Co., Ltd.’s two facilities in Zouping County, Shandong Province, China. To know the aluminium market outlook for...
On January 27, Mohan Charan Majhi, Chief Minister of Odisha, inaugurated India’s first Flat Rolled Products (FRP) aluminium unit at Hindalco Industries’ Aditya Aluminium plant in Lapanga, Sambalpur district. Achieving a significant milestone in downstream aluminium manufacturing, this involves an...
Nikkei M.C. Aluminum (Kunshan) Co., Ltd has achieved ASI Performance Standard V3.1 (2023) for the production of cast aluminium alloy ingots and molten aluminium at their facility located in Jiangsu Province, China. To know the aluminium market outlook for 2026 and beyond, get an access to our...
On January 27, the Mumbai-based Hindalco Industries Ltd, a flagship of the Aditya Birla Group, announced expansion plans worth INR 210 billion (USD 2.3 billion) for its aluminium smelter capacity at the Aditya Aluminium complex in Sambalpur, Odisha. This marks one of the industry’s largest recent...
RUSAL, a global leader in aluminium production, is rolling out non-formed materials (NFM) developed using its own patented technology for electrolyser assembly. The new materials simplify installation, reduce costs, and allow the reuse of materials, compared to the usual bricks and slabs used in...
Premier Energies has brought a new 400MW solar cell manufacturing facility into operation at Maheshwaram in Telangana.The newly commissioned plant will manufacture solar cells based on mono passivated emitter and rear cell (PERC) technology. With the site now operational, the...
The Ahmedabad Police have intercepted members of an inter-state gang involved in repeated thefts of aluminium wires from UGVCL power lines in Viramgam, Mandal and Detroj talukas, arresting four persons and recovering stolen material and vehicles worth nearly INR 8 lakhs (USD 800,000). Explore- Most...
After shaping operations across continents, Rodger Fuller will retire from Sonoco Products Company, a leading packaging solutions provider across industries like beauty & personal care and food & beverages, at the end of February 2026. To know the aluminium market outlook for 2026 and beyond, get...
From the previous close, the London Metal Exchange (LME) aluminium prices showed a slight dip. This declining trend followed in the LME inventory side, which is deemed to create a supply shortage globally, with a rise in price. On January 27, the LME cash bid declined from USD 3,190 per tonne to...
Washington’s role in the rare earth market changed on January 26, 2026. The US government announced a USD 2 billion commitment to the domestic sector, moving beyond its usual reliance on subsidies and guarantees and into direct ownership. Stocks linked to the sector jumped sharply, with investors...
GlassPoint, the leader in solar industrial process heat, today announced it has closed a USD 20M funding round led by N.I.S. New Investment Solutions, a Liechtenstein-based asset management firm, with participation from returning investor MIG Capital. The investment will advance existing...
Futures: Overnight, the most-traded aluminium alloy 2603 futures contract opened, surged to RMB 23,230 per tonne, then quickly pulled back to hit a bottom of RMB 22,925 per tonne, before rebounding in fluctuations and finally closing at RMB 23,060 per tonne, up RMB 5 per tonne or 0.02per cent from...
Can Makers UK, the influential trade association representing British beverage can manufacturers, has appointed John O’Maoileoin as its new chair, marking a strategic leadership shift at the heart of a dynamic and evolving packaging sector. To know the aluminium market outlook for 2026 and beyond,...
India’s transport transition is often framed as a contest between internal combustion engines and electric mobility. The data, along with the lived reality of energy demand, suggest something far less binary. As Dr Chanchal Samanta, DGM of Bharat Petroleum, made clear in his remarks at the ongoing...
Emirates Global Aluminium (EGA), the largest company among the Gulf Cooperation Council (GCC) countries in the aluminium industry, has achieved a major construction milestone at its aluminium recycling plant in Al Taweelah, with the facility’s giant melting furnace charged with aluminium scrap for...
SMS Group, on January 21, celebrated the grand opening of its new manufacturing facility, directly reflecting its international expansion strategy. By introducing this state-of-the-art technology, the firm is not only highlighting its growth but is also addressing the increasing demand in one of...
