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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Manaksia Aluminium Company has recently reaffirmed its quality and valuation grades, indicating it has improved performance execution. The principal financial metrics suggest this view, with 5-year sales growth of 12.60 per cent and EBIT growth of 19.03 per cent, and it is making a better presentation as a participant in the non-ferrous metals industries. In fact, the quality grade increased from below average to average grade, which suggests improved operational execution. The EBIT-to-interest coverage ratio of 1.34 does suggest fair adequacy of ability to manage its financing obligations. The valuation grade increased from very attractive to attractive with a P/E of 28.87, a price-to-book of 1.47, and an EV/EBITDA of 9.16. The overall assessment of initial attractiveness from a...
Choil Aluminum, the first company to manufacture aluminium semi-fabrication products in the Korean market, reports its stock has risen impressively to 100 per cent in comparison to the last five years. In the previous year, the company witnessed its stock price rise by 11 per cent. The company has demonstrated robust earnings growth, achieving an average annual increase of 56.3 per cent, significantly outpacing the Metals and Mining industry's 5.7 per cent growth rate. The company's revenues have expanded at a steady average rate of 8.5 per cent per year. Additionally, the company has also reported its return on equity of 8.1 per cent alongside net profit margins of 3.3 per cent. Share price movement Day-on-day On August 13, 2025, Choil Aluminum's stock opened at KRW 1,625 (USD 1.25),...
Aluwind Infra-Tech Limited, a specialist in designing, fabricating, and installing custom aluminium windows, doors, facades, glazing, and cladding systems, has announced the receipt of a prestigious INR 23.82 crore (USD 2.86 million) contract from Larsen & Toubro Limited's Realty Division (L&T). Following the announcement, Aluwind Infra-Tech's stock hit the 5 per cent upper circuit, underscoring strong investor confidence. With a market capitalisation of INR 194.43 crore (USD 23.33 million), its shares surged to INR 78.25 (USD 0.94) on Tuesday, up from the previous close of INR 74.55 (USD 0.89). From a financial standpoint, the company's performance has been equally impressive. Revenue jumped from INR 42 crore (USD 5.04 million) in H2 FY24 to INR 64 crore (USD 7.68 million) in H2 FY25, a...
Vedanta Aluminium, India's largest aluminium producer, commemorated the International Youth Day by highlighting the contribution of its young workforce in driving innovation, sustainability and technological advancements across its operations in Odisha, Chhattisgarh and Andhra Pradesh. Combining the agility of a start-up with the scale of a global conglomerate, Vedanta is strategically developing a future-ready talent pipeline. Each year, Vedanta onboards nearly 2,000 fresh graduates from leading institutions such as IITs and IIMs. Supported by comprehensive learning and development programmes, the company has built a robust pipeline of over 3,000 young leaders through structured talent management initiatives. With an average employee age of 31 and 65 per cent of its workforce below 35,...
Phinergy, a power generation innovator, has teamed up with US-based electrical contracting firm Rosendin to introduce aluminium-air backup power systems to the American data centre market. The collaboration aims to replace diesel generators with a cleaner, low-carbon alternative for mission-critical facilities and microgrids. Importance of power backup systems Power backup systems are vital for modern data centres , maintaining operations during outages or grid issues. Traditional setups pair UPS batteries for instant response with diesel or gas generators for sustained power. Increasingly, operators are adopting advanced options like Battery Energy Storage Systems (BESS), fuel cells, and renewable integration for greater efficiency and sustainability. With the backup power market valued...
Aluminium prices on the London Metal Exchange (LME) showed a steady upward movement on August 12, with both cash and forward contracts posting gains compared to the previous day. The LME aluminium cash bid price climbed by 0.68 per cent to USD 2,603 per tonne from USD 2,585.5 on August 11, while the cash offer price rose 0.73 per cent to USD 2,605 per tonne from USD 2,586.5 per tonne. Similarly, the 3-month bid price increased by 0.73 per cent to USD 2,610 per tonne and the 3-month offer price gained 0.81 per cent to USD 2,610.5 per tonne up from USD 2,591 per tonne and USD 2,591.5 per tonne respectively on August 11. Forward contracts for December 2026 also saw modest gains, with the bid price rising 0.56 per cent to USD 2,658 per tonne and the offer price increasing 0.57 per cent to USD...
Country-wide, over 300 children are hospitalised annually due to burn-related injuries, according to data from the American Burn Association. By recycling aluminium cans through a statewide fundraiser, the Every Can Counts program raises funds annually to support burn-injured children with financial aid, care kits and custom compression garments. In South Carolina, the Firefighters Burned Children's Fund is working to ensure young burn victims receive comprehensive resources, addressing both recovery and prevention needs. The initiative further operates in partnership with the paediatric burn team at the Medical University of South Carolina, combining expertise and community support to improve outcomes. In addition to financial assistance, impacted families receive care kits and...
Japan’s aluminium market in mid-2025 reflects a mixed picture, with inventories steadily declining despite increased imports. The trend suggests a tightening supply environment, shaped by shifting trade flows, evolving demand patterns and broader economic dynamics. As of July 2025, Marubeni Corp., a leading Japanese general trading house, reported that aluminium inventories across Japan's three key ports, Yokohama, Nagoya and Osaka, declined by 0.4 per cent to 315,400 tonnes. The cause behind the sudden shift The demand front According to data from the Japan Aluminum Association (JAA), Japan's aluminium demand reached 895,100 tonnes in the first quarter of 2025, up by 1.4 per cent year-on-year. Domestic consumption rose by 1.3 per cent to nearly 860,000 tonnes, while exports recorded a...
Dodge is charging full speed into the future with the debut of the all-new 2026 Dodge Charger Scat Pack, driven by the formidable SIXPACK twin-turbo inline-six engine, a beast built to push modern muscle into its next era with raw performance, relentless power, and the unmistakable Dodge spirit. Equipped with standard all-wheel drive (AWD), the high-output SIXPACK delivers a thrilling 550 horsepower and 531 lb.-ft. of torque, rocketing from 0 to 60 mph in just 3.9 seconds and conquering the quarter mile in 12.2 seconds. Dodge has set the price for its Hurricane: the twin-turbocharged 3.0-litre straight-six powering the new Charger Scat Pack starts at $54,995 . The 2026 Charger Scat Pack made its roaring public debut on Friday, August 8, complete with Dodge smoke and spectacle, in downtown...
Orora is an Australian packaging company that mainly focuses on the manufacturing of aluminium beverage cans, which holds a strong ground in the markets of Australia and New Zealand. This company produces aluminium cans of various types and sizes, including classic, sleek, and slimline designs. Moreover, the company focuses on using recycled content in its production process to incorporate sustainability in its packaging process. Source: Orora Group The can manufacturing facility at Dandenong, of Orora, has recently taken a strategic step by incorporating Helio, a new high-speed digital can decorator. The company focuses on using various new innovative measures for packaging its beverage cans. Helio is one of its kind, which would assist the company in using digital printing technology to...
Australia, despite sitting on vast natural gas reserves, now finds itself staring down the barrel of not one, but two energy crises , one gripping the east coast and the other looming over Western Australia. Amid the turmoil, Nationals Senator Matt Canavan took a swipe at Rio Tinto's green energy ambitions, cheekily suggesting the strategy had left its Tomago aluminium smelter, one of the country's largest, on its knees. Australia's biggest aluminium producer, Rio Tinto-owned Tomago facility, in early July, sought billions of dollars in public funds, with the aim of nipping the bud collapse as the local aluminium industry began to face the energy cost crisis. The New South Wales (NSW) government has confirmed it is in talks to prevent the potential collapse of the giant Tomago aluminium...
With global trade conflicts heating up and political alliances in flux, US companies are facing a new economic reality of soaring tariffs on imported aluminium. The 50 per cent tariff, rolled out on June 4, 2025, was intended to shield domestic producers as tensions escalated between Western nations and the BRICS group (Brazil, Russia, India, China, and South Africa). Instead, it has disrupted supply chains, sent costs spiralling, and forced industries like the beverage makers into rapid strategy overhauls. As per the latest information, the US-based famous iced tea brand, AriZona, has always managed to deal with difficult situations like pandemics, recessions, and wild market swings by not increasing the price of its most famous 99-cent iced tea. Gearing up for a potential price hike...
The Trump administration’s latest tariff move has left a glaring question: why has aluminium been slapped with a punishing 50 per cent duty, while copper sails into US ports untaxed? At first glance, both metals are strategic, energy-intensive to produce, and integral to manufacturing. Yet Washington’s selective hammering is something that raises several questions. Washington’s contrasting policy agenda – aluminium vs copper The official rationale is rooted in two strategic objectives: reviving domestic smelting capacity and cutting reliance on imports. Aluminium ticks both boxes. In the United States, primary aluminium production has collapsed over three decades - from 3.35 million tonnes in 1995 to 675,600 tonnes in 2024, representing an 80 per cent decline. To fill the void in the...
THDC India Limited has launched a tender for a 53.9 MWac (72.8 MWp) ground-mounted solar photovoltaic (PV) project to be set up within the premises of the KPCL Thermal Plant (RTPS) in Karnataka. Image used for representational purpose The project, valued at an estimated INR 220.24 crore including GST, covers both construction and a three-year comprehensive operation and maintenance (O&M) period after the plant becomes fully operational. The tender is restricted to “Class-I local suppliers” and will follow a single-stage, two-envelope electronic bidding process, with technical and financial bids submitted separately online. Following bid submission, an electronic reverse auction will be held to determine the winning contractor. Bidding timelines and terms Tender documents: Available from...
Novelis, the US based aluminium producer, reported weaker earnings for the first quarter of fiscal 2026, which ended June 30, 2025, as higher scrap costs and tariff impacts offset volume gains. Net income attributable to common shareholders dropped 36 per cent to USD 96 million from USD 151 million a year earlier, largely due to restructuring charges and softer operating performance, partially cushioned by favourable metal price lag. Adjusted EBITDA fell 17 per cent year-on-year to USD 416 million from USD 500 million, while rolled product shipments edged up 1 PER CENT to 963 kilotonnes. Adjusted EBITDA per tonne in Q1 FY26 fell 18 per cent to USD 432 million. Excluding special items, net income was USD 116 million, down 43 per cent. The decline was driven by higher aluminium scrap...
Southern India is now emerging as a growth engine for the aluminium extrusion industry, with Telangana and Andhra Pradesh leading the way. These states are not merely increasing domestic capacity. They are also becoming players in global supply chains, fuelled by strong industrial activity, export opportunities and the increasing utilisation of lightweight materials across sectors, including EVs, renewable energy and infrastructure. Global Aluminium’s Managing Director, Anil Agarwal, underscored the shift at a recent ALUMEX India 2025 roadshow on August 7, 2025 in Hyderabad , “Among the southern states, Hyderabad is playing a very important role in this industry… To counter trade challenges like the Trump Tariff, the industry must boost domestic consumption, reduce dependency on imports,...
On Monday, August 11, the LME aluminium prices edged down by USD 23 per tonne or 0.88 per cent and USD 22.5 per tonne or 0.86 per cent. The prices on the same day closed at USD 2,585.50 per tonne for cash bid and USD 2,586.5 for official settlement. As per the London Metal Exchange (LME) price graph, 3-month bid price and 3-month offer price also descended by USD 19 per tonne or 0.72 per cent to peg at USD 2,591 per tonne and USD 2,591.5 per tonne. December 26 bid price and December 26 offer price lost USD 15 per tonne or 0.56 per cent to reach USD 2,643 per tonne and USD 2,648 per tonne. On the inventory side , both Opening stock and Live warrants clocked a different story. They both rose from 470,575 tonnes to 475,850 tonnes and from 456,350 tonnes to 461,625 tonnes. Except for the...
The global push for low-carbon or “green” aluminium is intensifying competition for available scrap. According to global market trends research, regional economies are ramping up remelting capacities and prioritising the retention of domestically generated scrap to meet internal demand. Source: TradeIndia China remains the world’s largest consumer of recycled aluminium , with usage reaching approximately 12.01 million tonnes in 2023. This figure is projected to rise and cross fourteen million tonnes by 2026 (f). However, it is anticipated to cross nineteen million tonnes by 2030 (f), followed by Western Europe, the rest of Asia (excluding China), and North America. In 2020, amongst the various applications of recycled aluminium, canstock was the only one to witness growth. Demand from...
