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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Ever wondered what keeps your flight airborne? A significant part is high-grade aluminium. In line with this, Kaiser Aluminum, a North American manufacturer of semi-fabricated speciality aluminium products delivering highly engineered, value-added solutions for aerospace, defence, automotive and general industrial sectors , is set to launch a new industrial facility dedicated to aerospace parts by the end of this year. Kaiser Aluminum’s expansion at its Trentwood, Washington facility is moving ahead without delays, the company confirmed. This site produces heat-treated plate and sheet for aerospace and GE end-market applications, which is currently at its Phase Seven investment. Keith Harvey, the Chairman, President and CEO at Kaiser Aluminum, stated, “The project’s completion is closely...
London Metal Exchange aluminium prices fell on August 14 across spot and forward contracts compared to the previous session. The LME aluminium cash bid price dropped USD 17.5 or 0.67 per cent to USD 2,607.5 per tonne, while the LME cash offer price fell USD 17.5 or 0.67 per cent to USD 2,608.5 per tonne from August 13 levels of USD 2,625 per tonne and USD 2,626 per tonne respectively. The three-month bid slid USD 21.5 or 0.82 per cent to USD 2,608 per tonne, and the offer declined USD 21.5 or 0.82 per cent to USD 2,608.5 per tonne from USD 2,629.5 per tonne and USD 2,630 per tonne. The December 2026 bid price was down USD 17 or 0.64 per cent to USD 2,653 per tonne, and the offer dropped USD 17 or 0.64 per cent to USD 2,658 per tonne, compared with USD 2,670 per tonne and USD 2,675 per...
In the aluminium sector, initiatives often prioritise the integration of recycled content as a key sustainability driver. In line with this focus, Novelis, a global leader in aluminium rolling and recycling, specialising in sustainable aluminium solutions, has entered into a joint development agreement with DRT Holdings, LLC, a specialised manufacturer serving the metal packaging, aerospace and general industrial sectors. The collaboration aims to enhance the manufacturing process for sustainable beverage can ends, reinforcing the industry's commitment to advancing environmentally responsible packaging solutions. Image source: Novelis The partnership aims to accelerate the adoption of high-recycled-content alloys in aluminium beverage can ends, driving broader implementation across the...
Innovus Engineering is shaking up the beverage packaging sector with the introduction of two new high-speed models, the CF35 and CF70, at the top end of its automatic canning machine range. These machines are designed to meet the growing demands for cans made with speed and precision in the craft beverage industry. Speed with precision control The new machines procured by Innovus are built for performance. The CF35 can process 2,000 cans per hour, while the CF70 doubles that to a remarkable 4,000 cans per hour. The secret behind this performance is the company's new servo seaming technology. This innovation not only boosts the machines' speed but also hands complete control over to the operator. All seam settings can be fine-tuned via a user-friendly Siemens touchscreen HMI, allowing for...
India and the United Kingdom have unveiled a new trade pact poised to open fresh avenues for India's mineral sector, particularly aluminium. The pact called CETA (Comprehensive Economic and Trade Agreement) is expected to enhance market access and competitiveness, setting the stage for strategic collaborations and export opportunities. For industry stakeholders and observers alike, this marks a potentially transformative moment worth exploring further. What is the CETA pact all about? Once which started back in January 2022 and finalised on May 6, 2025 has been finally inked on July 27, 2025, the India–UK CETA pact is hailed as a historic step to boost jobs, exports and growth. The pact grants duty-free access to about USD 6.5 billion worth of Indian exports to the UK, covering textiles,...
Do you know that recycling a single tonne of aluminium can prevent up to 9 tonnes of CO2 emissions compared to the production from raw materials? As the race toward net-zero accelerates, recycled aluminium has moved from the sidelines to become a cornerstone of a resource-efficient, low-carbon future. In fact, a lot of primary aluminium producers and smelters are now investing more in the secondary aluminium business. Why are primary smelters investing more in secondary aluminium? The secondary aluminium market, long led by specialised players such as Novelis, Real Alloy, and regional recyclers, is undergoing a profound transformation. Major primary producers, including EGA, Ma'aden, Hydro, Rio Tinto, and others, are stepping into the arena, strengthening their foothold through greenfield...
What could be a viable solution for the United States to meet its current aluminium demand when the country is suffering from a domestic primary aluminium production shortage and high import costs due to a 50 per cent tariff on the metal? Recycling it is ! Rightfully, Trond Olaf Christophersen, chief financial officer of Hydro, has pointed out, “If the US administration wants to improve self-reliance on aluminium, the quickest way to do it will be to keep more of the scrap in the US and support recycling capacity.” Recycling – the answer to demand-production mismatch By the end of 2025, the United States primary aluminium demand is projected to reach 4.9 million tonnes. Yet until April 2025, the country’s production stood at only 222,000 tonnes, down by 2.2 per cent from 227,000 tonnes...
Emirates Global Aluminium (EGA), the largest industrial company in the UAE, has recently announced that it has signed an agreement to supply CelestiAL-R billets to Sankyo Tateyama through its strategic partner ITOCHU Corporation. Sankyo Tateyama is a leading Japanese manufacturing company that produces various construction materials for buildings, architectural and industrial applications and housing. The recent announcement of EGA, the world’s biggest ‘premium aluminium’ producer, has made it obvious that the introduction of CelestiAL-R billets would help the company to meet all the rising demands of low-carbon aluminium within extrusion and other applications. The CelestiAL-R billets are a combination of scrap metal along with aluminium produced with solar power. It would help to reduce...
In line with the forecasts indicating tight supply and rising demand in Asian countries, Kedia Advisory reports aluminium prices have increased 0.99 per cent to INR 254.85 (USD 2.90). The supply to the European factories continues to face supply constraints amid sanctions on major producer Russia, while the US enforces a 50 per cent aluminium import levy since June 4 to strengthen domestic smelting capacity and curb import reliance. Although market speculation points to a potential halving of tariffs or a Canada exemption, physical aluminium price premiums continue to trade at elevated levels. The August commodity exchange of aluminium premium surged past 70 cents per pound (USD 1,543 per tonne), reflecting an almost 90 per cent increase since late May, with market sentiment further...
The global aluminium recycling industry is entering a new phase of accelerated growth, with a projected market value rising from USD107 billion in 2023 to USD160 billion by 2032, according to the latest business market analysis. However, industry insiders warn that high-grade scrap shortages threaten to slow expansion, even as policy, technology, and market forces align in favour of recycled metal. Source: Recycled ALuminium Market Analysis 2032 Recycling: The low-carbon competitive edge Aluminium's unique property of infinite recyclability is giving it a decisive edge in the transition to low-carbon manufacturing. Recycling requires just 5 per cent of the energy used for primary aluminium production and reduces significant CO₂ emissions. Manufacturers' marketing strategies now highlight...
Egypt’s Arab Aluminium Company (AAC), known for manufacturing extruded aluminium profiles for a wide range of industries like industrial and architectural, has reported a steep reversal in fortunes in the first half of 2025. It has moved from healthy profits last year to a net loss after tax of EGP 5.742 million (approximately USD 117,950), according to its latest financial disclosures. The loss per share was EGP 0.14 in the period ending June 2025, as compared to a profit per share of EGP 0.33 (0.0068 USD) in the equivalent period a year earlier. The change followed a difficult start to the year for AAC, where the company had already recorded a Q1 loss of EGP 6 million (USD 120,760), reversing a Q1 2024 net profit of EGP 6.1 million (USD 120,904) Interestingly, the losses occurred...
On Wednesday, August 13, both LME aluminium cash bid price and LME aluminium official settlement price gained USD 22 per tonne or 0.84 per cent and USD 21 per tonne or 0.80 per cent. The prices closed at USD 2,625 per tonne and USD 2,626 per tonne. 3-month bid price and 3-month offer price also added USD 19.5 per tonne or 0.74 per cent to halt at USD 2,629.5 per tonne and USD 2,630 per tonne. December 26 bid price and December 26 offer price hiked by USD 12 per tonne or 0.45 per cent to peg at USD 2,670 per tonne and USD 2,675 per tonne. LME aluminium 3-month Asian Reference Price on the other hand dipped by USD 3.5 per tonne or .13 per cent to reach USD 2,616 per tonne. LME aluminium opening stock came in at 478,625 tonnes. Live warrants and Cancelled warrants stood at 464,400 tonnes and...
Repair work is under way in Bog Walk Gorge, St Catherine, Jamaica, after three alumina-filled cars from a Windalco bauxite train derailed on August 9 at the entrance of the rail tunnel. The cars plunged into the Rio Cobre and knocked down a utility pole, causing major transport and power disruptions. UC Rusal, operator of the Windalco plant in Ewarton, is leading efforts to restore the damaged section of the railway. Immediate disruptions and power outages Due to the derailment, the gorge was temporarily closed, and as a result, vehicular traffic was halted, causing delays throughout St Catherine and neighbouring parishes. Jamaica Public Service (JPS) crews were sent to replace the broken pole and restore electricity to the communities affected. Most of the affected areas have seen power...
Novelis Inc., with its subsidiary Novelis Corporation, is all set to tap into the debt market with USD 750 million senior unsecured notes. To be matured in 2033, these privately placed notes will be made available to the qualified institutional buyers under Rule 144A. International buyers are also eligible for the same under Regulation S, as guaranteed by Novelis and select subsidiaries. With this issuance, Novelis, the leading aluminium rolling and recycling company, plans to allocate the net proceeds acquired from 750 million senior unsecured notes towards strategic economic decisions Repurchasing existing debts : A majority of the proceeds will be used to repurchase the outstanding 3.250 per cent senior notes, which are likely to mature in November 2026. This is likely to be a...
On Tuesday, August 12, Hindalco Industries Limited announced the first quarter results of the financial year 2025-2026, ending June 30. In the report, the company highlighted that both the upstream and the downstream business (India) had recorded stellar performance. Satish Pai, Managing Director, Hindalco Industries, said, "After the record profitability of FY25, Hindalco sustained its growth momentum with a strong first quarter performance, driven by operational efficiencies, cost control, and an enhanced product mix. Aluminium India Upstream business continued to outperform with industry-best EBITDA margins of 44 per cent. Aluminium India Downstream had a stellar quarter and reported its strongest quarterly performance with 2x EBITDA growth." The company struck an upbeat note on rising...
The US aluminium market is navigating a period of shifting dynamics, as scrap recovery rates, rising import volumes, and longer-term supply considerations converge to influence its trajectory. In the first four months of 2025, the US recovered 1.222 million tonnes of aluminium from scrap up 2.7 per cent from 1.19 million tonnes during the same period in 2024. April 2025 marked a downturn in US aluminium scrap recovery, falling 7.4 per cent to 277,000 tonnes from 299,000 tonnes a year earlier. This drop followed two strong months, March saw an 8.3 per cent increase to 327,000 tonnes, while February jumped 9.6 per cent to 321,000 tonnes. January had started the year on a steady note at 297,000 tonnes, just 0.3 per cent higher than in January 2024. Imports of aluminium also saw a notable...
Driven by robust aluminium demand across diverse global packaging industries , Novelis, a global leader in aluminium rolling, recycling and sustainable solutions, has reported strong momentum in the aluminium beverage packaging segment. To address this growth trajectory, the company is progressing with capacity expansion at its new Alabama facility, targeting sustainability-led demand in the sector. For the quarter ended June 30, the company reported beverage packaging sales of nearly USD 2.5 billion, marking a year-on-year growth of over 22 per cent. Increased beverage packaging shipments across regions offset declines in automotive and speciality segments, resulting in a total rolled product shipment increase of just over 1 per cent year-on-year. The performance, however, faced pressure...
Aluminium dross, a by-product formed during the melting and processing of aluminium, emerges when molten aluminium oxidises on the surface, creating a thin ‘skin-like’ layer. Historically, dross was often sent to landfills — a practice not only harmful to the environment but also wasteful, as it meant losing valuable aluminium content and other recoverable materials. Source: AL CircleBiz In recent years, however, the industry’s focus on sustainability, environmental responsibility, and resource efficiency has driven major advancements in dross processing technologies. Modern systems can now recover over 95 per cent of the aluminium content, significantly outperforming conventional recovery methods. Despite this progress, a substantial portion of dross — particularly from the secondary...
