COROS has introduced the DURA 2 SOLAR, a second-generation GPS cycling computer featuring an anodised aluminium alloy frame and a braided carbon fibre back. The new model combines aluminium construction with a larger touchscreen, updated navigation functions and extended battery life. The device features an aluminium upper frame with a profile measuring just 5.7 mm at its thinnest point. Its construction combines the metal with carbon fibre to keep the overall weight at 99 grams without a mount, increasing to 138 grams with a compatible mount. The use of aluminium is part of a broader redesign that gives the cycling computer a slimmer profile. COROS has also expanded the screen size from 2.7 inches in the original DURA to 3.5 inches in the new model, improving the available display area...
Silgan Holdings and funds affiliated with American Industrial Partners (AIP) are set to acquire Trivium Packaging in an all-cash deal valued at approximately $3.4 billion. The transaction will combine Trivium’s aluminum and metal packaging operations with Silgan’s Metal Containers’ aluminum and steel segment and food and beverage flat cap closures businesses, creating Silgan Metal Containers and Closures (MCC), a global aluminum packaging business valued at $7.3 billion. Silgan will hold a 60% stake in the new entity, while AIP will own the remaining 40%. Operations will be concentrated primarily in North America and Europe. To learn the future of aluminum in the packaging industry, explore our report " ALuminium in Packaging: Consumer Trends and Market Dynamics " Deal structure and...
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Maaden Bauxite and Alumina Company (MBAC), a subsidiary of Maaden, one of the world's fastest-growing mining companies, has entered into a Power Purchase Agreement (PPA) with Emerge. Emerge is a joint venture between Masdar, a global leader in clean energy, and EDF Power Solutions, renowned for low-carbon, innovative solutions. Al Baitha Bauxite Mine moves towards sustainability Through this agreement, Emerge will spearhead the development of a solar power project designed to provide clean, renewable energy to the Al Baitha Bauxite Mine over the next 30 years. This initiative not only supports Saudi Arabia's energy transition but also contributes to the Vision 2030 objectives by reducing carbon emissions and fostering sustainable industrial growth. Ali Al-Qahtani , Executive...
The US heavy-duty truck industry, which is worth around USD 50 billion, is facing a combination of tariffs that give an advantage to cross-border competitors. The Trump administration’s Section 232 tariffs add a 50 per cent hefty duty on imported metals, including steel, aluminium and copper derivatives, and extra charges on non-USMCA components, driving up costs for US truckmakers like Paccar, headquartered in Bellevue, Washington. Image for referential purposes only Paccar estimated that tariff-related charges are going to be USD 75 million in Q3 2025. Mexico gains tariff advantage Rival companies like Daimler Truck and Traton sidestep much of this pain by producing in Mexico, where compliance with the US-Mexico-Canada Agreement (USMCA) provides duty-free movement. As Volvo’s North...
Renowned Mexican auto components manufacturer Nemak has acquired the automotive unit of GF Casting Solutions, a subsidiary of Swiss Industrial Group George Fischer. The Swiss industrial group is known for producing lightweight aluminium and magnesium components using metal casting technologies. Image for representational purposes only (Source: https://mexiconewsdaily.com/ The acquisition value is USD 336 million, but the deal is yet to clear regulatory clearance. Nemak has already made an initial payment of USD 160 million, financed through long-term credit lines, while the balance will be covered over the next five years through assumed liabilities and deferred payments. The acquisition of George Fischer is likely to bring Nemak an annual revenue of USD 707 million and USD 91 million in...
When the sustainability of a company matches its innovation, it makes the aluminium packaging lead the way. Vinca, the award-winning 100 per cent Italian canned wines, have debuted its Province-style pale rosé in an aluminium bottle, which is available across the north of England across multiple supermarkets for the end users. This debut of this elegant rosé aligns with the firm's active red and white wines in 750ml aluminium bottles. The niche to incorporate the Italian canned wines in aluminium is simple: to gain a low-carbon alternative, removing the use of traditional glass. The firm's use of 100 per cent post-consumer recycled (PCR) aluminium bottles indicates sustainability and lightweight, whereas the traditional glass offered only 60 per cent. Moreover, with the aluminium bottles...
Guinea exported 99.8 million tonnes of bauxite in the first half of 2025, a sharp 36 per cent rise from 73.4 million tonnes in the same period of 2024. That figure is almost equal to the country’s entire output in 2022. The rise is a result of strong run, with exports up 19.6 per cent in 2023 to 127 million tonnes, followed by another 14 per cent increase in 2024 to 145 million tonnes. What makes the latest surge stand out is the backdrop, Guinea is in the middle of political turbulence, a tightening grip on mining rights by the junta, and rising unease among investors. Export boom and China’s role The export boom has several drivers, but China is at the center. Roughly 60 per cent of Guinea’s ore goes to Chinese buyers, and Beijing’s aluminium production was up about 4 per cent in the...
Basin Energy has secured a binding agreement to acquire one of Queensland's most promising uranium and rare earth portfolios, situated near Paladin Energy's Valhalla uranium deposit and Red Metal's Sybella rare earth find. This acquisition paves the way for three exciting exploration models, each ready for drilling and offering significant potential for near-term discoveries. Extensive Paleochannel Network - Identified through AEM geophysical surveys, these uranium-prospective paleochannels lie adjacent to the uranium-rich Sybella Granite. As ancient river systems are buried beneath younger sediments, they often host uranium accumulations at redox boundaries. Granite-hosted REE potential - Comparable to Red Metal's major Sybella discovery, with auger drilling already delivering standout...
As of Wednesday, August 27, the London Metal Exchange (LME)'s cash bid price and the offer price showed a surge, along with the 3-month cash bid and offer price. But, a dip is noticed concerning the 3-month Asian reference price and the alumina platts price. The LME aluminium cash bid price settled at USD 2,616 per tonne, a modest gain of USD 5 per tonne or 0.19 per cent, up from USD 2,611 per tonne the previous day. On the other hand, the LME aluminium offer price stood at USD 2,618 per tonne, gain of USD 6.5 per tonne or 0.24 per cent from the previous day, which was at USD 2,611.5 per tonne. The 3-month bid price also showed an upward movement by 0.34 per cent or USD 9 per tonne, where the recorded price stood at USD 2,616 per tonne on August 27 from USD 2,607 per tonne on August 26....
As per UN Comtrade data, Aluminium foil (whether or not printed or backed with paper, paperboard. plastics or similar backing materials) of a thickness (excluding any backing) not exceeding 0.2mm saw a notable reshuffle between 2024 and 2025. From January to May 2025, Germany led the market with a trade value of USD 770 million and an export of 117.14 thousand tonnes, followed by Italy at USD 362 million and 61.69 thousand tonnes, the USA at USD 308 million and 56.09 thousand tonnes, Turkiye at USD 265 million and 61.29 thousand tonnes, and Japan at USD 245 million and 27.64 thousand tonnes. In contrast, during January to May 2024, China dominated the market with USD 1,476 million and an export of 479.44 thousand tonnes, while Germany stood second at USD 621 million and 117.17 thousand...
Chandrayaan-3 is back in the spotlight, and it's making waves in the world of space exploration! India's historic Moon mission, which landed on the Moon's South Pole on August 23, 2023, continues to uncover groundbreaking secrets of our celestial neighbour. Thanks to the Pragyan rover, scientists confirmed the presence of aluminium for the first time at the Moon's South Pole. But that's just the tip of the iceberg, as other elements like calcium, iron, chromium, titanium, manganese, silicon, and oxygen were also detected with the help of the rover's powerful spectrometers, offering fresh insights into the Moon's surface dynamics and hinting at the potential for water ice reserves, as reported by CNBCTV18. The mission has detected about 250 seismic signals in the region, with at least 50...
A recent market analysis indicates that the global food tins and drink cans market including aluminium is poised for steady growth, with its value expected to rise from an estimated USD 2.6 billion in 2025 to a solid USD 4.0 billion by 2035. This expansion, fuelled by a compound annual growth rate (CAGR) of 4.5 per cent, reflects the increasing consumer demand for convenient, durable, and eco-friendly packaging solutions. The report underscores how the market is evolving in response to the global push for sustainability and the growing popularity of ready-to-eat meals and beverages. A major driver is the growing demand for extended shelf life and efficient storage solutions. Metal packaging, especially aluminium and steel , plays a vital role in preserving product quality by safeguarding...
PPG Industries, an American paint and coatings company, announced that it has appointed Meghan Barrera as global strategic marketing director for the Packaging Coatings division in an effort to reinforce the company’s leadership in sustainable and innovative coatings for the packaging industry. Image for referential purposes only (Source: https://www.packagingstrategies.com/ In her new position, Barrera will lead the global marketing plan with an emphasis on developing segment growth, defining competitive positioning and increasing customer engagement. To accomplish this, she will manage analysis of market trends, facilitate product innovation and promote packaging advancements, an essential portfolio as food and beverage brands are confronted with increasing desire for safer, recyclable...
India’s renewable energy sector experienced USD 11.8 billion in financial investment in the first half of 2025, which is the second-highest half-year inflow in history, according to the latest reports. The momentum is indicative of India's increasing prominence in the global clean energy arena, spurred by an uptick of solar projects and consistent investor confidence. Image source: https://commons.wikimedia.org/ Clean energy auctions and regulatory landscape Clean power auctions were a critical growth lever. India is already one of the world's most active renewable markets, having approved 59 gigawatts (AC) of capacity in 2024, which is more than twice as much as the year before. Auctions provide revenue certainty and allow private developers to scale with long-term visibility. However,...
Tariff or no tariffs - the United States’ renewed trade stance aluminium imports is affecting many countries and their domestic industries for sure. If the countries facing the staggering 50 per cent tariff from the US administration are suffering from poor export orders, sluggish economy, and job loss, the same countries are also suffering from the same for aluminium scrap being exempted from tariffs. How? The exemption on aluminium scrap is bleeding the countries off their resources as most of them are diverting to the US. Europe, for example, is suffering from a similar situation, leaving local recycling plants fight for survival. Firstly, the scrap leakage from the EU is creating a void in the domestic market, wherein it is an important source of raw material for producing low-carbon...
Your morning coffee might seem simple, a quick press of a button, a steaming cup in seconds. But behind that comforting ritual lies years of thinking, research, and experimentation. For millions of coffee lovers, the single-serve machine is a daily lifesaver, fast, fuss-free, and always ready to deliver that perfect cup. Yet, as convenient as it feels, what happens to the little capsule you toss away is just as important as the coffee inside it. When it comes to coffee pods, one brand that stands out is Nespresso. Infact Nespresso’s financial performance also speaks of its popularity by recording solid growth, with organic growth reaching 5.8 per cent, backed by 2.0 per cent real internal growth (RIG) and 3.8 per cent pricing increases during H1 2025. Consumers gravitate toward Nespresso...
India’s energy transition is not a linear march from coal to renewables. It is a high-wire act where efficiency, geopolitics, and industrial decarbonisation collide. From the creation of a revolving fund for energy efficiency to the scramble for discounted Russian oil, and from solar and hydrogen pushes to aluminium’s green makeover, the country’s choices are shaping both domestic industry and global trade flows. Image source: JMK Research Revolving capital, not one-off grants At the heart of India’s efficiency strategy is the Energy Efficiency Revolving Fund (EERF), seeded with USD 13 million from the Global Environment Facility (GEF). Managed by Energy Efficiency Services Limited (EESL) with support from the Asian Development Bank (ADB), the fund deploys capital into efficient motors,...
North India, with its fast-growing industrial ecosystem, is expanding its industrial hub, which has now become the foundation of the country's aluminium extrusion sector. Cities like Delhi-NCR, Haryana's automobile hubs, Rajasthan's engineering clusters and rising real estate sectors spanning across Madhya Pradesh and Uttar Pradesh, are growing as a crucial part of India's aluminium supply chain. Major sectors like solar panel manufacturing, infrastructure and construction are the dominant consumers of India's aluminium extrusions. Alongside these sectors, the burgeoning real-estate market, especially in the Delhi-NCR area, is increasing the demand for aluminium extrusion for architectural profiles, likely doors, curtain walls and windows. The demand is also further spurring from...
India’s free trade agreement with the UK is expected to be a big win for aluminium exporters, as it will remove the import duties. But there is also a catch. From January 2027, the UK will bring in its Carbon Border Adjustment Mechanism (CBAM) — a tax linked to carbon emissions. Industry executives warn this could claw back much of the benefit, leaving Indian producers struggling to keep prices competitive in the British market. Role of FTA The FTA eliminates import duties on aluminium products, which previously ranged from 2 per cent to 10 per cent in the UK market. Industry players expect this change will improve India’s competitiveness. Vedanta Aluminium Chief Executive Officer Rajiv Kumar said, “With the FTA now in place, the aluminium industry aims to treble its export to the UK by...
Financial results are more than just numbers; they shape the narrative of a company’s performance, guiding investors, stakeholders, and markets in assessing profitability, growth momentum, and long-term resilience. In line with this, Kaiser Aluminum Corporation , the American aluminium producer specialised in highly engineered, semi-fabricated products, has announced its results for the second half of 2025 (Q2 2025) on firmer footing, buoyed by resilient demand across aerospace, packaging, and automotive markets. Armed with a liquidity buffer of USD 538 million and firmer price realisations, the company has set the stage for steady performance. Reflecting this confidence, CEO Keith A. Harvey lifted the full-year adjusted EBITDA forecast by 10–15 per cent, underlining the strength of...
