Hydro reported higher adjusted earnings in the third quarter of 2026, supported by strong aluminium prices, record liquid metal production from its Norwegian smelters and improved performance in Recycling and Extrusions. Adjusted EBITDA rose to NOK 9 billion (USD 965 million) from NOK 8.92 billion (USD 957 million) in the second quarter, an increase of around 0.9 per cent quarter-on-quarter. Adjusted earnings per share increased to NOK 2.3 (USD 0.25) from NOK 1.0 (USD 0.11) in the third quarter of 2025, a rise of 130 per cent year on year. The company generated free cash flow of NOK 1.4 billion (USD 150 million) during the quarter. Strong adjusted EBITDA was partly offset by higher net operating capital, mainly due to increased metal prices, working capital requirements and prepayments....
The global aluminium supply chain is facing a series of changes that extend from bauxite mines and alumina refineries to smelters, regional premiums and finished-metal trade. In 2026, the market’s direction is being shaped not only by production volumes but also by freight costs, export restrictions, shifting Chinese demand and tariffs. Developments across Guinea, Australia, China, Europe and North America point to a market where access to supply is increasingly as important as the availability of raw materials. Bauxite supply: Guinea’s cap meets a well-stocked China, but is it stable? Guinea remains central to the seaborne bauxite market, with its shipment connections to China demonstrating the importance of reliable logistics. A new sea-rail route has enabled a Guinea bauxite shipment...
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Odisha's Chief Minister Mohan Charan Majhi met with Vedanta Group Chairman Anil Agarwal on Thursday to lay out a strategic investment plan aimed at boosting the state's industrial and economic growth. Their discussion centred on how Vedanta's ambitious development projects can align with the Prime Minister's vision of "Viksit Odisha for Viksit Bharat." October 2024: Vedanta's assurance to the Odisha government The company is to invest around INR 1 lakh crore (USD 12.05 billion) in Odisha. This investment will fund the establishment of a 6 million tonnes per annum alumina refinery and a 3 million tonnes per annum aluminium smelting and production plant. These projects will harness renewable energy sources, aim to create approximately 2 lakh jobs and foster a robust ecosystem of MSMEs,...
China’s manufacturing industry, which has been the world’s largest for fifteen consecutive years, appears to be sputtering in 2025, weighed down by global trade tensions and waning domestic demand. Yet amid the broader industrial slowdown, one segment has quietly kept the aluminium sector afloat and that is the country’s resilient automobile industry. Manufacturing momentum falters Accounting for nearly 30 per cent of global manufacturing value and 26 per cent of the domestic GDP, China’s manufacturing sector has long been the backbone of the nation’s economy. However, since early 2025, signs of fatigue have been unmistakable. The Purchasing Manager’s index (PMI) – a key gauge of industrial activity - started the year in contraction, standing at 49.1 in January, according to the data...
In Bali, a small team of craftsmen is doing what many would think impossible — rebuilding some of history’s most iconic cars without ever seeing the originals in person. Image for representational purpose Known as Tuksedo Studio, these artisans remake classic Aston Martins, Toyotas, and Mercedes-Benzes entirely out of aluminium, and their precision is so extraordinary that the replicas could pass for genuine 1960s classics. Because Indonesia bans the import of luxury cars like the Aston Martin DB5, they chose a different path: if you can’t buy one, build one. That belief fuels their workshop — a place where patience, skill, and imagination turn into metal masterpieces. Each car begins from simple internet photos. From those, the team builds wooden frames, bends wire skeletons, and then...
Ardagh Metal Packaging S.A. (AMP) reported a firm third-quarter performance, backed by higher sales, better profitability, and improved efficiency across its regional operations. The company also raised its full-year guidance on the back of steady demand for beverage cans and disciplined cost management. For the three months ended September 30, 2025, AMP’s revenue rose to USD 1.43 billion, up from USD 1.31 billion a year earlier — an increase of 9 per cent, or 6 per cent on a constant currency basis. The improvement was largely supported by higher shipments in Europe and North America, along with a healthier mix of products that cushioned softer sales elsewhere. Net profit for the quarter came in at USD 27 million, compared with USD 18 million last year. Adjusted EBITDA rose 6 per cent to...
One of the major shareholders in the Tomago aluminium smelter, situated north of Sydney, has decided to write down the value of its investment in the facility to zero. This move raises serious concerns about the smelter's long-term viability as the largest single consumer of electricity in Australia's national grid. The future of the smelter is looking increasingly challenging, especially with rising energy costs and ongoing market uncertainties. Hydro's share in the Tomago aluminium smelter Norsk Hydro, which employs more than 1000 people, with the majority ownership held by Rio Tinto, has informed its investors about its challenging situation in finding renewable power which is affordable, indicating uncertainty in the near future concerning the plant. The firm owns a 12.4 per cent...
Alireza Jaanabadi, the Managing Director of an Iranian nanotechnology company, unveiled a significant step forward in welding material technology, copper–alumina nanocomposite tips designed to replace conventional copper alloys in resistance welding. Image for representational purposes only Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Jaanabadi stated that the nanocomposite structure used in the product has been able to provide a more stable and resistant alternative to conventional alloys in resistance welding . He explained that one of the biggest challenges in traditional copper alloys is their loss of strength at elevated temperatures. The softening of the crystal structure often limits electrode performance in high-heat industrial...
After the unfortunate fire incident in its Oswego aluminium plant, the renowned aluminium producer Novelis experienced a massive production setback. However, the aluminium producer, Novelis, now expects to restart operations in the same facility before the end of 2025, which is several months earlier than originally anticipated. Image source: https://images.wsj.net/ Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The company had initially warned that the outage could continue into the first quarter of 2026. However, Chief Executive Steve Fisher said repair work had progressed faster than expected, and teams on site were now working extended hours to complete the rebuild by December. “We have a lot of confidence in that,” Fisher said in a...
Evonik has launched Alu5, the business’s first fumed alumina manufacturing plant in Yokkaichi, Japan. It is a remarkable step forward for the company’s expansion across Asia, strengthening its ability to deliver high-quality aluminium oxide solutions for a wide range of industrial applications. The facility, backed by a bulky investment, highlights Evonik’s ongoing commitment to innovation, dependable supply chains, environmental responsibility, and closer collaboration with customers throughout the region. Image source: https://thebamabuzz.com/ Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Strengthening access to advanced aluminium oxide products In the words of Emmanuel Auer, Head of Evonik’s Smart Effects business line, “The launch of...
Reginald Thorpe, a veteran safety expert in Jamaica’s bauxite industry, has been honoured for 37 years of service. Losing his mother and grandfather at six, the Clarendon native overcame early adversity. Moving to Brown’s Town, St. Ann, he attended Brown’s Town Secondary School and later pursued agriculture at Brown’s Town Community College. Image source: https://jis.gov.jm/ Explore- Most accurate data to drive business decisions with 50+ reports across the value chain “I must say categorically, I am, indeed, first of all thankful to God because I am a firm believer in God. Secondly, I am humbled by the fact that the Government can recognise the contribution that I have given over these years. For me to be singled out to receive this award, I am very much honoured. I am very grateful, and...
Aluminium prices on the London Metal Exchange (LME) saw a boost on Friday, October 24, as both cash and three-month contracts ticked up slightly, coinciding with a slight drop in warehouse inventories. On October 24, the LME aluminium cash bid stood at USD 2,852.5 per tonne, up USD 9.5 or 0.33 per cent from USD 2,842 per tonne on October 23. The cash offer rose USD 8 or 0.3 per cent, from USD 2,845 to USD 2,853 per tonne. The LME 3-month bid increased from USD 2,841.5 per tonne on October 23 to USD 2,851 per tonne on October 24, representing a gain of USD 9.5 or 0.33 per cent. The 3-month offer also climbed by USD 10 or 0.4 per cent, from USD 2,842 to USD 2,852 per tonne. For forward contracts, both the December 26 bid and offer price advanced USD 4 or 0.13 per cent, where the bid moved...
Sterling & Wilson Renewable Energy Limited (SWREL) has been declared L1 for the engineering-procurement-construction of a 363 MWp DC solar PV plant in Rajasthan, and another 580 MWp DC plant in Uttar Pradesh (both domestic and Balance-of‐System [BOS] basis). In parallel, the company has picked up a Letter of Intent (LoI) for a 115 MWp solar project in South Africa worth roughly USD 120 million. Image for referential purposes only Explore- Most accurate data to drive business decisions with 50+ reports across the value chain These new orders bring SWREL’s total order inflows for the current fiscal to about INR 37.75 billion (USD 449 million). For the Indian solar EPC space, the inflow of such scale signals both confidence in execution ability and the underlying growth in utility-scale...
Australian clean-tech company Coolsheet™ has begun installing the country’s first commercial-scale Photovoltaic-Thermal (PVT) solar system at the North Sydney Olympic Pool redevelopment, marking a key step in integrating renewable heat and power into public infrastructure. Image source: Capral Aluminium The project combines Coolsheet’s heat-exchange solar technology with Capral Aluminium’s Australian-made components, creating a system designed to generate both electricity and usable heat from a single rooftop array. Located above Sydney Harbour, the redeveloped complex will use the system to capture the sun’s light and heat simultaneously. While conventional photovoltaic panels typically convert only about 25 per cent of sunlight into electricity, Coolsheet’s panels reclaim the remaining...
Found Energy, a Boston-based startup, is making waves with the largest aluminium–water reactor ever built, aiming to turn scrap aluminium into a zero-carbon industrial fuel. The experiment, led by Peter Godart (CEO of Found Energy), marks the biggest real-world test of aluminium as a fuel source. Image for representational purposes only Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Harnessing aluminium’s hidden power In the company’s Boston lab, Godart demonstrated the process by dropping a piece of aluminium into water. “I can just keep this reaction going by adding more water,” he said. “This is room-temperature water, and it’s immediately boiling.” The reaction reportedly produces steam and hydrogen, both crucial for clean energy...
Rio Tinto has recently announced a set of board changes, effective from 23 October 2025. According to the company spokesperson, this reshuffle brings an end to a transitional period in which the board briefly ran at 14 directors to preserve continuity while newer members settled in. The company said the adjustments fulfil its disclosure obligations under UK listing rules. Image source: https://commons.wikimedia.org/ Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Leadership updates mark a new phase in governance alignment and sustainability focus The new board also consists of several old members who have been long-time associates of the company and have excelled in terms of expertise and experience. Simultaneously, the company has welcomed...
US-bound tankers and bulk carriers that are queued off the Chinese ports are facing long waiting times due to the ongoing friction between Beijing and Washington, which has started unsettling global shipping routes. The waiting time has increased this year after 19th October, when ships were forced to wait on an average of 2.66 days before securing a berth (a notable rise from earlier averages), according to Bloomberg’s analysis of data from ship-tracking service Kpler. Image source: https://www.gocomet.com/ Explore- Most accurate data to drive business decisions with 50+ reports across the value chain This delay has resulted in a roughly 17 per cent rise in vessel backlogs at major Chinese ports compared to previous weeks, according to port monitoring data. Fees and sanctions add to...
It’s been a fortnight where aluminium stopped talking about circularity and simply started doing it. From the US Midwest to India’s eastern belt, from corporate boardrooms to zero-liquid-discharge plants, the industry’s recycling and sustainability stories have been loud and, frankly, refreshing. Weekly Sustainability & Recycled AL by AL Circle Pvt Ltd EGA doubles down on American scrap Emirates Global Aluminium isn’t tiptoeing into US recycling — it’s diving in headfirst. The company’s Minnesota plant now houses a new metallurgical testing lab , built right inside its expanded recycling complex. It’s a smart move. The lab helps tweak alloy composition on-site, closing the feedback loop between melting and quality control. The expansion pushes capacity to about 200,000 tonnes a year , but...
A recent review has identified Danflex Porte and Nordic Systems as the leading suppliers of aluminium and steel sliding gates in Denmark. The evaluation highlights their expertise, product offerings and customer service. Danflex Porte has been operational since 2004, supplying sliding gates, motors and spare parts to both businesses and private customers. The company is noted for its high level of craftsmanship and personalised service. Customers interact with professionals who have hands-on experience in installation, ensuring expert guidance and reliable solutions. Danflex Porte offers complete solutions, including new sliding and grille gates, motors, automation and spare parts, with fast delivery and custom quotes tailored to each project. Nordic Systems offers a wide range of manual...
The global aluminium and bauxite markets are currently experiencing a wave of volatility and changing dynamics. Bauxite is starting to carve out a significant place in international trade, challenging the long-held supremacy of iron ore. Meanwhile, India and China are at the forefront of export-import activities, setting records with their shipments and increasing demand. On the other hand, aluminium prices in LME markets have been quite erratic, influenced by mixed signals on supply. Japan's quarterly premiums have taken a nosedive, and various macroeconomic factors, like the ongoing US-China trade tensions and shifting interest rate expectations, are impacting both production and downstream consumption. Upsteam Weekly Recap by AL Circle Pvt Ltd Bauxite trade story Iron ore's grip on...
