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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In a bold step to slash soaring power costs and fast-track its green journey, Ganesha Ecosphere, one of India’s leading plastic recyclers, has commissioned a 5 MW rooftop solar power system at its Telangana facility. Executed by Solluz Energy, the project will feature Trina 595 Wp solar modules, Sungrow inverters, and sturdy aluminium mounting structures for long-term performance. By tapping into the solar energy sector, the company will offset a large chunk of its energy demand, translating into annual savings of INR 51.5 million (USD 590,179) and a swift payback period of just 3.5 years. The system is projected to generate substantial cost savings while reducing the company’s carbon footprint and strengthening its commitment to renewable energy. It will also ease reliance on grid power,...
Insolation Green Energy, a fully owned arm of Insolation Energy, has kickstarted construction on a game-changing renewable project in Madhya Pradesh. The company is setting up a massive 4.5 GW solar cell plant alongside an 18,000 metric tonne aluminium frame manufacturing facility in the Power and Renewable Energy Equipment Zone at Narmadapuram. Spread across 45 acres and backed by a bold investment of INR 16 billion (USD 182.7 million), the project is set to strengthen India’s green energy ambitions. It also marks a new milestone for the company, its fourth manufacturing facility and the very first to rise beyond its home turf of Rajasthan. Manish Gupta, Chairman and Whole-Time Director at Insolation Energy, highlighted that the new facility will be a game-changer, substantially boosting...
The aluminium markets have just seen another twist in what’s become a long-running stocks carousel. But this time, the spin may be nearing its end. As reported by Reuters on August 20, over the past six weeks, a hefty 156 thousand tonnes of aluminium found its way into London Metal Exchange (LME) warehouses. Yet, this wasn’t fresh metal entering the system. It was almost exclusively a reclassification of existing off-warrant supplies already stashed away in Port Klang, Malaysia. Image for representational purposes only So, when you read ‘reclassification of existing off-warrant supplies’, it means the metal was already physically sitting in the warehouse (say, Port Klang in Malaysia). But it was being kept off the books in private storage deals. Now, some of that same aluminium has been...
In a significant move impacting the global bauxite supply landscape, Emirates Global Aluminium (EGA), a leader in global aluminium production, has confirmed the complete cessation of its bauxite mining activities in Guinea, following the government's expropriation of its mining assets. The firm's Guinea Alumina unit will wind down its bauxite mining operations, along with associated employee and on-site service contracts, in the Republic of Guinea. Tracing back to May 2025, the Republic of Guinea has initiated proceedings to revoke EGA's mining license for the Guinea Alumina Corporation (GAC). This move follows a suspension of G AC's bauxite exports in October 2024 over customs duties concerns . It further includes the discussion upon finalisation, the revocation could significantly...
South Africa’s aluminium supplier Hulamin has slipped into the red, battered by a stronger-than-expected rand, surging energy costs, and a flood of cheaper imports squeezing margins. Adding to the blow, the company revealed plans to offload its struggling extrusions division, which racked up a R66.8 million (USD 3.67 million) loss in the first half of 2025. The shutdown strategy limited Hulamin’s ability to pass rising costs on to customers, forcing the company to build up a stockpile of finished goods to keep the market supplied. CEO Mark Gounder said this was the company’s top priority in the first half of the year managing the planned downtime without severely denting profitability. Even so, Hulamin reported a loss of 8 cents per share for the first half of 2025, with the bulk of the...
The global rare earth metals market is undergoing a major market shift, as US price interventions, Chinese export restrictions, and surging demand disrupt supply chains and compel countries to rethink their strategies. In mid-July, the US took a bold step to challenge China’s dominance in rare earths. The Department of Defence signed a multi-billion-dollar deal with MP Materials, guaranteeing a minimum price of USD 110 per kilogram for neodymium-praseodymium (NdPr) oxide. This figure is almost double the prevailing China-based market price of around USD 60 per kilogram. The move is designed to boost domestic production of key materials for EV motors, wind turbines, and defence systems. Analysts are calling it a game-changer, predicting that this new price floor will become a global...
Starting this August, Habitat for Humanity, a global non-profit organisation that partners with people to build affordable housing, sanitation facilities and more, have announced their acceptance of aluminium can donations via ReStore, a retail division of Habitat for Humanity in Chico, supporting sustainability initiatives and community development efforts. Habitat for Humanity's Butte County branch is leveraging the grant support attained from Novelis and Habitat International, aiding in launching an aluminium can collection initiative to advance recycling and repurposing efforts. A similar initiative has been previously taken by the non-profit organisation for its local branch in 2023, The Grand Island Area Habitat for Humanity (Gihabitat), which has won its second "Novelis Can Grant"...
South32, one of the world’s most prominent diversified miners, finds itself at a critical juncture. The company is caught between the looming silence of its Mozal Aluminium smelter in Mozambique and the fresh promise of growth from its Australian assets. Together, these developments illustrate the challenges and recalibrations shaping the future of one of the sector’s most closely watched players. The decision to suspend operations at Mozal after March 2026 is a sobering one. For months, the company wrestled with the question of whether Mozambique could guarantee the competitively priced and reliable electricity supply that smelting demands. With no resolution in sight, South32 conceded that running Mozal under the proposed tariffs would render the operation “internationally...
Arcade of Aluminium, one of Sri Lanka's leading suppliers and traders of premium aluminium extrusions and accessories, including products from Alumex, serving the construction and industrial sectors, recently marked a milestone by successfully hosting its 15th annual get-together under the theme "Champions of Arcade." The event recognised long-standing customers and key suppliers, appreciating their continued trust and support, while celebrating a shared journey of collaboration and progress towards greater milestones in the aluminium industry. The firm's managing director, Arcade of Aluminium, in the annual get-together, conveyed to the stakeholders about the company's growth journey, starting from its humble beginnings with a five-member team in 2010 to becoming a trusted market leader...
Press Metal Aluminium Holdings Bhd continues to benefit from supply constraints, easing input costs, and its low-carbon edge. Maybank Investment Bank (Maybank IB) Research has reaffirmed its “buy” rating on the company, lifting its target price (TP) by 12 per cent to RM6.34 per share from RM5.64, valuing it at 25 times earnings for the financial year ending Dec 31, 2026 (FY26). Operational performance & market overview Maybank IB Research noted that plant utilisation rose to 96–97 per cent in the second quarter of 2025 (2Q25), following the full restoration of operations at Samalaju in March 2025 after the September 2024 fire incident. While geopolitical risks could temper demand, the research house highlighted that slower supply growth of 1–1.5 per cent in 2025, compared to 3.2 per cent...
With a demand for the immediate opening of bauxite mines, the residents of Kalahandi, a district in Odisha, led by Lanjigarh Anchalik Vikash Parishad (LAVP), have set up a large-scale rally this Friday, August 22, 2025. The motto of the rally was securing local livelihoods and catalysing regional development. Local leaders rallied against policy paralysis For quite some time, there has been widespread frustration regarding the inaction over resource utilisation. It was more evident from the demonstration led by LAVP president Sridhar Pesnia and supported by community leaders, including the Lanjigarh Block vice-chairman, Zilla Parishad members, tribal elders and transport associations. Protestors in the rally further pointed out that Kalahandi’s own resources remain untapped due to...
London Metal Exchange (LME) aluminium prices posted slight gains on August 22 compared to the previous session. The LME aluminium cash bid price climbed to USD 2,588.5 per tonne from USD 2,570 per tonne from August 21, while the cash offer price increased to USD 2,589 per tonne from USD 2,570.5 per tonne, reflecting an uptick of about 0.72 per cent. Three-month contracts also moved higher, with the bid price reaching USD 2,586.5 per tonne and the offer settling at USD 2,587.5 per tonne, marking gains of approximately 0.60 per cent and 0.62 per cent respectively. Forward prices for December 26 delivery edged up as well, with the bid at USD 2,637 per tonne and the offer at USD 2,642 per tonne, both rising by around 0.53 per cent. The LME aluminium three-month Asian Reference Price stood at...
The UC Rusal alumina train that derailed along the Bog Walk Gorge in St Catherine earlier this month has now been removed, with Jamaica’s National Environment and Planning Agency (NEPA) confirming minimal environmental damage. The incident, which saw three hopper cars tumble off an embankment into the gorge, raised immediate concerns because of its proximity to the Rio Cobre, an essential water source for local communities and agriculture. NEPA’s assessment and cleanup oversight NEPA reported that the alumina spillage was confined to the base of the embankment. It posed no toxic threat and did not affect water quality. Drone inspections and on-site checks confirmed there was no oil leakage, no fish kill, and no observable impact on aquatic life. The cleanup was carried out under NEPA’s...
The public comment period for a proposed air quality permit with Australian manufacturing firm Aluminium Dynamics, Inc., for its planned aluminium processing plant in Benson, Arizona, has come to an end. The Arizona Department of Environmental Quality (ADEQ) had been accepting comments and questions about the proposed 174,000-square-foot facility on a 200-acre site. This facility is intended to operate 24 hours a day once approved, effective since July 16, 2025. Comments were accepted until midnight on August 21, 2025, via ADEQ's online comment portal or by e-mail. Project scope and operations As a subsidiary of Steel Dynamics, Aluminium Dynamics proposed a major recycling operation that would eventually process up to 300,000 tonnes of aluminium scrap a year. Once operational, the plant...
Lindian Resources has managed to raise A$ 91.5 million (USD 59.39 million) in funds and has made a dinal investment decision to fully develop Stage 1 of its high-grade Kangankunde Rare Earths Project in Malawi. The capital puts Lindian on track to become the world's next significant producer of rare earth elements (REEs) and other strategic minerals associated with the high-performance use of aluminium in the green energy revolution. Funds raised, process in progress The firm obtained commitments for its two-tranche round from new Australian and international institutional investors, with demand well in excess of the funds sought. The issue price of USD 0.21 per new share was a significant premium to the recent volume-weighted average trading price, reflecting strong market confidence in...
The recent expansion of United States tariffs on aluminium imports has increased the pressure on manufacturers who depend on the metal as a critical input. Wisconsin Aluminium Foundry (WAF), a century-old producer of aluminium and copper alloy castings based in Manitowoc, exemplifies how policy decisions made in Washington have had ripple effects on local economies. Image source: https://wafco.com/ On June 4 this year, tariffs on imported aluminium were doubled from 25 per cent to 50 per cent. By mid-August, the administration broadened its scope to include more than 400 derivative products containing aluminium or steel, according to the Bureau of Industry and Security. While these moves were designed to strengthen domestic production, their effect has been more complex for manufacturers...
What if the cars of yesterday could power the cars of tomorrow? As the global race for raw materials accelerates and sustainability becomes the defining measure of progress, the automotive industry is rethinking how cars are built and unbuilt. Leading this reinvention, Mercedes-Benz and TSR Group are turning end-of-life vehicles into a treasure chest of resources, where aluminium, steel, copper, plastics, and glass will be recovered, refined, and used into the vehicles of the future. At the heart of this effort lies an ambitious urban mining pilot project of Mercedes-Benz and TSR Group GmbH & Co. KG, a partnership that was announced in 2024 with a strong focus on building a sustainable circular economy for end-of-life vehicles. “Our vision of sustainable mobility requires us to...
Apple is trading glass glamour for aluminium muscle in the iPhone 17 Pro and the industry is watching closely. A recent leak has provided a first look at the iPhone 17 Pro's production chassis, showcasing a significant design shift from previous models. Unlike the iPhone 16 Pro's glass-and-titanium build, the new chassis appears to be a milled all-aluminium frame with an integrated camera bump. The leaked image, shared by leaker Majin Bu, shows a chassis with a rear cutout designed to house a glass section around the Apple logo. This glass area would facilitate wireless charging, while the surrounding aluminium body offers improved durability. The integrated camera bump is notably larger and spans the width of the device, differing from the previous year's glass camera module attached to...
