The Confederation of British Metalforming (CBM) has called for closer UK-EU relations, warning that proposed European industrial policies could affect British manufacturers supplying the aluminium, steel and automotive industries. Stephen Morley, CBM President and Chair of the Euroforge Automotive Sector, made the call at the organisation's autumn meeting in Munich. He said stronger cooperation between the UK and EU was important for protecting manufacturing jobs, investment and cross-border supply chains. He stated, “ We need to protect British industry, but we also need to recognise that the UK and European automotive sectors are deeply connected. What damages one part of the supply chain will inevitably affect the other. ” Join the fourth edition of webinar " Hedging for recyclers -...
Profilgruppen reported a 14 per cent increase in third-quarter revenue to SEK 567.6 million (USD57.12 million), but the rise was driven mainly by higher metal prices rather than stronger demand. The Swedish aluminium profile producer delivered 6,850 metric tonnes of aluminium profiles during Q3 2026, down 6.8 per cent from 7,350 tonnes in the same period last year. Despite the higher revenue, operating profit under International Financial Reporting Standards (IFRS) edged down 1.7 per cent to SEK 28.6 million (USD 2.88 million) from SEK 29.1 million (USD 2.93 million) a year earlier. Under the company’s alternative accounting method, RAN, operating profit fell 37.5 per cent to SEK 3 million (USD 301,970), compared with SEK 4.8 million (USD 483,153) in Q3 2025. Net income under IFRS...
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As of the third quarter, Guinea's exports of bauxite, irrespective of natural calamities like heavy rainfall and regulatory headwinds, have surged by 23 per cent year-on-year. According to the report of the Ministry of Mines and Geology, the country's critical aluminium feedstock shipment also rose to 39.41 million tonnes, showing an increase of 7.41 million tonnes in comparison to the third quarter of 2024. Guinea, considered the globe's second-largest bauxite producer, produced an average of 13.14 million tonnes of bauxite in Q3 2025. This represents a dip of 19 per cent in comparison to the H1, mainly because of climate disruption, such as heavy rainfall. Heavy rainfall is a challenge for the bauxite mining industry as it plays havoc with the mine access, which results in slower port...
Public companies are emerging as the power players behind Sam-A Aluminium Company, Limited, and their bets have paid off handsomely. The group holds the biggest slice of the company’s ownership — about 45 per cen t — and benefited most from last week’s 10 per cent rise in the stock, which lifted Sam-A Aluminium’s market value to KRW 332 billion. Image for representational purpose A closer look at the shareholder structure shows that just four investors control a majority 53 per cent stake , giving them significant influence over the company’s decisions. It’s a tight group, and their collective weight means their actions could easily sway the direction of the business. Also read: The World of Aluminium Extrusions – Industry Forecast to 2032 Who owns what The largest shareholder is Nippon...
A team of researchers from Jahangirnagar University, Bangladesh University of Engineering and Technology (BUET) and several top international institutions has introduced an innovative theoretical model that utilises aluminium-based nanotubes. This exciting development offers a promising, cost-effective and non-invasive method for detecting lung cancer at an early stage. On October 7, a team of researchers shared their findings on a groundbreaking aluminium-derived nanotube model designed for the early detection of lung cancer, published in Scientific Reports (Nature). These scientists, hailing from Bangladesh, are also connected with Rensselaer Polytechnic Institute, Florida Institute of Technology and the University of California. The researchers shared that with the success of...
Emirates Global Aluminium (EGA), the world’s largest producer of premium aluminium, has announced another major expansion at its EGA Spectro Alloys facility in Minnesota, USA. The latest phase of development will increase the aluminium recycling plant’s total capacity to 200,000 tonnes per year, strengthening EGA’s growing footprint in the American market. Image source: EGA The plant is already ramping up output from the first phase of its expansion, completed in July this year, which added an additional 55,000 tonnes of billet capacity. The next phase will further boost EGA Spectro Alloys’ recycled billet capacity by 45,000 tonnes per year, with construction expected be completed in 2027. Also read: ALUEXPO 2025 & Beyond It will include an additional scrap melting furnace and a batch...
China is intensifying its efforts to combat pollution and climate change by accelerating its shift toward electric mobility. The automobile industry has become a central pillar of this transition, as record electric vehicle (EV) sales highlight how policy incentives, technological innovation, and consumer demand are reshaping the world’s largest car market. Image for representational purpose The numbers show how fast the change is happening. In September, China’s carmakers sold a record 826,000 battery-electric vehicles, a 28.5 per cent jump from a year earlier, according to data from the China Passenger Car Association (CPCA). It’s the highest monthly figure yet, breaking the record set last December. A rush before the clock runs out The jump wasn’t a surprise to anyone in the business....
ABx Group, an Australian exploration and critical mineral production firm, has reported a breakthrough in its rare earth processing at the Deep Leads Project in northern Tasmania. The company achieved over 98 per cent of rare earths during its impurity removal tests - a major step towards establishing a commercially viable mixed rare earth carbonate (MREC) product. Identifying the ‘sweet spot’ A critical ‘sweet spot’ at around pH 6 was identified, where aluminium, a key impurity, was successfully removed without compromising rare earth retention. Tests were conducted by the Australian Nuclear Science and Technology Organisation (ANSTO) on rare-earth-enriched leach solutions produced from fresh sub-samples of a 100 kg bulk sample. The company noted that the combination of high extractions...
Today, October 16, 2025, marks the start of consultations for the Albanese Labour Government’s impressive USD 2 billion Green Aluminium Production Credit. This significant investment is set to boost the Australian aluminium industry, helping to fortify local businesses and create jobs. Tracing back to January Australia is strengthening its aluminium industry with AUD 2 billion (USD 1.24 billion) investment , unveiled by Prime Minister Anthony Albanese on January 20, 2025. This initiative is designed to assist aluminium smelters in their shift to renewable energy, providing production credits for every tonne of aluminium produced using renewable electricity over a decade, lasting until 2036. Rio Tinto, a major player in the industry, has shown strong backing for the plan, emphasising its...
The High Court has granted permission for a judicial review concerning the proposed expansion of the Aughinish Alumina refinery in County Limerick. The move is highly appreciated by campaigners, as it represents an important step towards ensuring that industrial progress continues in harmony with environmental protection. Balancing industrial growth and environmental care Environmental Trust Ireland, led by Limerick solicitor Michelle Hayes, has sought judicial review of An Coimisiún Pleanála’s approval for extending the bauxite residue (red mud) area and quarry at the Aughinish Alumina facility. In its petition, the group has highlighted eleven grounds for consideration, centred on ensuring the highest environmental standards are met. Ms Hayes, a practising solicitor with Hayes...
The London Metal Exchange (LME) has just rolled out the next step in its mission to create sustainable metal premium pricing for brands that are LME-approved. As part of this exciting initiative, the Exchange is set to introduce a new entity under the HKEX Group in Dubai, which will serve as the pricing administrator. The firm has also put out a discussion paper that lays out its proposed pricing methodology. LME first noted its plans to look into sustainable metal premium pricing back in April 2025. Now, it has rolled out a comprehensive roadmap that details how it intends to approach sustainable metal premium price discovery. This framework puts a strong emphasis on standardisation and transparency as its core principles. It also underscores the crucial role of the pricing administrator...
According to the latest announcement by Kaiser Aluminium Corporation, a quarterly cash dividend of USD 0.77 per share will be paid to the company’s shareholders on November 14, 2025. However, this payout will be received exclusively by the select shareholders who are listed in the company’s records by October 24, 2025. This dividend, roughly amounting to 3.86 per cent, will continue Kaiser’s almost two-decade tradition of rewarding investors with good returns. Kaiser Aluminium reflects strength and stability Started in 1946, Kaiser Aluminium has now become one of the leading producers of semi-fabricated aluminium products in North America. The company serves a wide range of industries, starting from aerospace and automotive to engineering, packaging, and several niche industrial segments....
South32, an Australian mining and metals company headquartered in Perth, Western Australia, has given a maintenance contract to EnerMech for its Alumina Worsley refinery. The three-year agreement with the company is for EnerMech to be looking after the overall maintenance, including inspection, non-destructive testing (NDT), rope access and insulation services and safety checks at the Worsley Alumina refinery, Australia. Charles ‘Chuck’ Davison Jr., CEO of EnerMech, said: “This new three-year minimum award reflects the strength of our long-standing partnership with South32 and our commitment to delivering safe, efficient and high-quality maintenance services. Having worked alongside South32 at Worsley for a number of years, we understand the critical importance of reliability and...
General Motors Co. will incur USD 1.6 billion in charges following its retreat from electric vehicles, highlighting the damage US policy shifts are causing to plug-in car demand. The company announced on Tuesday that USD 1.2 billion will be derived from a non-cash impairment related to realigning EV capacity with demand. The remaining costs, tied to contract cancellations and commercial settlements, will have a cash impact. GM will recognise the special items in its third-quarter results on 21 October. The automaker also warned that it may face further charges as it continues to review its manufacturing footprint. The disclosures underscore the challenges for EVs under President Donald Trump, whose policies, such as the removal of EV tax credits and rollback of fuel economy standards,...
London Metal Exchange (LME) aluminium prices strengthened on October 15, supported by steady demand and improved market sentiment. The LME aluminium cash bid price stood at USD 2,752 per tonne, up 0.70 per cent from USD 2,733 per tonne on October 14. The cash offer also increased by 0.68 per cent, from USD 2,734 per tonne to USD 2,752.5 per tonne. Similarly, the three-month aluminium bid rose 0.66 per cent, reaching USD 2,748 per tonne from USD 2,730 per tonne a day earlier. The three-month offer gained 0.60 per cent, climbing to USD 2,748.5 per tonne from USD 2,732 per tonne. Further along the curve, the December 26 contract also edged higher. The bid was recorded at USD 2,778 per tonne, up 0.54 per cent from USD 2,763 per tonne, while the offer stood at USD 2,783 per tonne, a 0.54 per...
Since Russia’s full-scale invasion in 2022, Ukraine’s metals and raw materials sectors have become a battleground not just militarily, but economically. The latest trade data through 2025 reveals a dynamic shift with surging imports in key raw materials, including bauxite and coke, and contradictorily weakening export flows to traditional partners, and a push by Kyiv to rebalance via foreign investment in mining. But the road ahead remains fraught with structural and geopolitical risk. Image for referential purposes only Also read: Metro Mining sets another record in Bauxite Shipment; what’s driving the surge? Surge in bauxite imports: Compensating for domestic disruption In the first nine months of 2025, Ukraine imported 27.22 million tonnes of aluminium ore and concentrate (bauxite) — a...
The flow of aluminium into the United States softened in the first half of 2025 as tariffs, weaker industrial activity, and higher energy costs reshaped buying patterns. Primary aluminium imports came in at 1.81 million tonnes, a touch lower than the 1.85 million tonnes recorded in the same period a year earlier — a 2 per cent decline. The year started briskly, with first-quarter imports rising to 1.07 million tonnes from 0.91 million tonnes in early 2024 as traders rushed to move cargoes ahead of expected tariff increases. But momentum soon faded as the second quarter unfolded. Monthly shipments fluctuated sharply. Imports surged in March to 438,000 tonnes, up from 270,000 tonnes the year before, but demand tailed off almost immediately afterward. January stood at 335,000 tonnes against...
Century Aluminum, a small-cap player in the non-ferrous metals sector, has seen some impressive stock gains recently, both over the past week and the past year. However, despite this positive trend, the company is still facing some strategic hurdles, such as a low Return on Capital Employed and declining profitability. The firm has recently reached a new 52-week high of USD 33.25 on October 13, 2025, showcasing its robust position in the non-ferrous metals industry. With a market cap of USD 2,184 million, a P/E ratio of 18.00 and a return on equity of 16.72 per cent, the company demonstrates effective management and consistent profitability. Share price movement Day-on-day Before the market closed on Tuesday, October 14, the firm's share price stood at USD 32.91. When trading kicked off...
Solex Energy signs MoU worth $61M with Zelestra Group for high-precision solar modules Gujarat-based solar manufacturer Solex Energy has recently signed a new contract valued at approximately USD 61.3 million. The deal involves supplying high-end solar modules to Zelestra Group, a renewable energy developer based in Spain. According to sources, deliveries for the project are expected to take place between February and November 2026. High-efficiency modules for international projects According to the new contract, Solex will deliver N-Type TOPCon 615/620Wp glass-to-glass (G12R) modules to the Zelestra Group. The new product is the outcome of Solex Energy’s unwavering focus on high-precision, reliable solar technology. These modules are beautifully crafted for large-scale renewable energy...
Vedanta's Chairman, Anil Agarwal, recently reached out to Odisha's Chief Minister, Mohan Charan Majhi, to rally support from the state government for speeding up regulatory approvals and moving forward with Vedanta's ambitious USD 20 billion aluminium project. This conversation highlights the firm's dedication to fast-tracking one of the largest investments in India's aluminium industry, which aims to boost domestic production capabilities and foster industrial growth in the region. The ambitious project The Indian aluminium company has made a bold commitment, investing almost INR 1.27 lakh crore (USD 15.3 billion) to set up a 3 million tonne per annum (MTPA) aluminium smelter in the Dhenkanal district of Odisha. Additionally, the firm is putting aside another INR 1 lakh crore (USD 12.05...
