The Ball Foundation and SKILLED Nation have extended their scholarship partnership for a third year, with 60 students set to receive $2,500 awards in 2026. The Ball Foundation and SKILLED Nation have extended their scholarship partnership for a third year, bringing the foundation’s cumulative investment in the program to $300,000. Through the Ball Foundation SKILLED Scholarship, another 60 students will receive $2,500 awards in 2026 to support education and training for careers in advanced manufacturing and other technical fields. More than 100 scholarships will have been supported over the three years of the partnership. “Three years and $300,000 reflect The Ball Foundation’s sustained commitment to creating real opportunities for students pursuing skilled careers,” said Alvin Townley,...
Sampat Aluminium shareholders unanimously approved the company’s FY26 financial statements and three other resolutions at its 27th Annual General Meeting held on September 26, 2026. Sampat Aluminium Limited passed all four ordinary resolutions at its 27th AGM, with 54,69,800 votes cast in favour and no votes against. The meeting was held through video conferencing, while remote e-voting was available from September 23 to September 25, 2026. The resolutions covered the adoption of the company’s audited standalone financial statements for the financial year ended March 31, 2026, the reappointment of Sanket Sanjay Deora as Managing Director, the appointment of M/s Utkarsh Shah & Co. as Secretarial Auditor, and the ratification of remuneration for the Cost Auditors for FY27. All four...
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The US Department of War has committed another USD 100 million to Atlantic Alumina Company (Atalco), taking total government investment to USD 400 million as Washington moves to protect the country's last remaining domestic alumina refinery and strengthen a critical defence supply chain. The United States is putting more money behind its domestic alumina supply chain as the Department of War (DoW) announced a USD 100 million follow-on preferred equity investment in Atalco through its Industrial Base Analysis and Sustainment programme. The latest investment brings the department's total funding for Atalco to USD 400 million. More importantly, the government funding has helped attract substantial private capital. Atalco's existing backers have committed USD 350 million, with another USD 50...
The US urgently needs more aluminium for its defence sector, but new smelters will take years to come online, while disruptions to high-purity aluminium imports have exposed a more immediate supply vulnerability. The United States is facing a growing aluminium supply challenge that is becoming increasingly important for its defence sector, as rebuilding domestic production capacity remains a long-term process and overseas supply disruptions threaten access to specialised metal. President Donald Trump recently said the US “desperately” needs more aluminium, highlighting the urgency facing a market that remains heavily dependent on imports despite efforts to revive domestic production. One of the most prominent new projects is the planned aluminium smelter in Inola, Oklahoma, a joint...
Century Aluminum shares rose 4.4 per cent to USD 45.89 on August 27, extending a strong 2026 rally, but GuruFocus' GF Value model puts the stock's estimated intrinsic value at just USD 23.25. Century Aluminum Co's stock is moving in two very different directions depending on which metric you look at. On August 27, shares of the US aluminium producer gained 4.4 per cent to USD 45.89, putting the stock up 17.1 per cent year to date and an impressive 102.2 per cent over the past year. Yet, despite the strong momentum, GuruFocus' valuation model considers Century Aluminum considerably overvalued at its current price. The platform's GF Value stands at USD 23.25, compared with the stock's USD 45.89 price. That represents a 97.4 per cent premium to its estimated GF Value, highlighting the gap...
As the EU’s Carbon Border Adjustment Mechanism (CBAM) gradually extends to downstream aluminium processing products, accurate product classification and origin information are becoming increasingly important and directly affect the assessment of potential carbon exposure. Following the analysis in Part I of CN 76042100 aluminium alloy hollow extrusion and CN 76042990 aluminium alloy solid extrusion, this article further focuses on two products under HS 7604 that are relatively small in scale but show pronounced differences in trade structure: CN 76041090—Other non-alloy aluminium extrusion CN 76042910—Aluminium alloy bar, rod In 2025, the combined imports of the above two product categories into the EU-27 from outside the EU totaled approximately 54,800 tonnes, accounting for about 13 per...
Vedanta Aluminium shares gained 3.32 per cent after Vedanta Resources denied speculation that it planned to sell its stake in the aluminium business, while brokerages maintained bullish views on the stock. Vedanta Aluminium came into focus after its parent, Vedanta Resources, dismissed reports and market speculation about a possible stake sale in the company. The clarification also covered Vedanta Limited and other group businesses, including Vedanta Oil and Gas, Vedanta Power and Vedanta Iron & Steel. Vedanta Resources said it has no plans to sell its stake in any of these companies and remains focused on growth and value creation. The development came as both Vedanta Aluminium and Vedanta Limited recorded gains on the BSE on Wednesday. Vedanta Aluminium shares gain after stake-sale...
India’s alumina trade underwent a sharp shift in the first half of 2026, with exports accelerating to a new high while imports contracted substantially. Data for HS 281820, i.e. aluminium oxide excluding artificial corundum, shows that India exported 2.5 million tonnes in H1 2026, up 51.3 per cent from 1.65 million tonnes in H1 2025. At the same time, imports fell 34.9 per cent year-on-year to 775,362 tonnes from 1.19 million tonnes. The result was a substantial widening of India’s net alumina trade surplus. The country moved from a surplus of about 460,466 tonnes in H1 2025 to 1.72 million tonnes in H1 2026, a nearly fourfold increase. Exports climb to a record level India’s alumina exports have been on a clear upward trajectory since Q2 2024. Quarterly shipments rose from 458,621 tonnes...
Oklahoma Primary Aluminum has outlined the environmental controls planned for its proposed aluminium smelter at the Tulsa Port of Inola, a project that could add up to 750,000 tonnes of annual primary aluminium capacity in the United States. The proposed facility is expected to create at least 1,000 permanent direct jobs, according to the company. It is also part of the broader effort to expand domestic aluminium manufacturing and reduce US reliance on imported primary metal, although the project remains under regulatory review. Speaking to a media outlet, Project Director Ziad Fares addressed concerns raised about fluoride emissions and the potential impact on nearby farms and ranches. When asked about whether the proposed smelter would be safe, He commented, “Absolutely, otherwise,...
China Hongqiao Group Limited has received the Circular Economy Leadership Award at the 2026 Asia Responsible Enterprise Awards in Singapore in recognition of its work in developing recycled aluminium. Organised by Enterprise Asia, the award marks the third consecutive year that China Hongqiao has received the honour. The company has placed sustainability and circular economy practices at the centre of its strategy, aligning its efforts with China’s “3060” dual-carbon goals and its own “25·55” Climate Action Target, which aims to achieve carbon neutrality across its operations by 2055. Join the webinar by Alberto Monje Gama to learn about recycled aluminium, CBAM and trust China Hongqiao has been working on reducing emissions across its value chain through clean energy substitution,...
Tasmanian manufacturer Kings Outdoor Living is increasingly turning to aluminium as it expands its locally made shade and shelter products for schools, parks, sporting clubs, hospitality venues and homes. According to Capral Aluminium, the company has increasingly focused on local manufacturing to address the freight, handling and supply challenges involved in sourcing products from mainland Australia. Sam King, Kings co-owner, said, “With the Bass Strait freight cost, and complexity, and timing, and damage, we thought, ‘We should probably start making some of this stuff.’” The company initially manufactured many of its locally made products using steel. However, the weight of steel created practical challenges, particularly because Kings is involved in both manufacturing and installing...
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,960 per tonne, up RMB 125 from yesterday’s settlement price, a gain of 0.52 per cent. It opened at RMB 23,850 per tonne and fluctuated within the range of RMB 23,840–23,965 per tonne. Prices traded above the MA5 (23,812.00), MA10 (23,803.00), MA30 (23,694.00), and MA60 (23,582.00) moving averages. The medium and long-term moving averages remained in a bearish alignment and continued to press lower overall. The drift-higher structure persisted, with the upper high-price range forming key resistance. For the MACD indicator, DIF (68.1622) was below DEA (89.6494), and the MACD green histogram stood at -42.9745, indicating that bearish momentum had eased somewhat. The suggested core trading range for SHFE aluminium was RMB...
The London Metal Exchange (LME) aluminium price chart declined on the August 27 trading session across the pricing and contract segments compared to the August 26 close . Meanwhile, the Asian Reference Price surged, and the inventories held steady. The LME aluminium cash bid and offer prices plunged 0.46 per cent day-on-day on August 27. The bid dipped from USD 3,227 per tonne to USD 3,212 per tonne, and the offer shifted from USD 3,227.5 per tonne to USD 3,212.5 per tonne. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook On August 27, the LME aluminium three-month bid and offer prices reported a 0.71 per cent decline over the August 26 session. The bid moved from USD...
According to the latest data from the General Administration of Customs of the People's Republic of China (GACC), China's aluminium profile imports in July reached 2,467.211 tonnes, up 21.55 per cent month-on-month (M-o-M) and down 4.92 per cent year-on-year (Y-o-Y). In terms of import origins, China's aluminium profile imports in July were still mainly sourced from Taiwan (China), the United States, Japan and South Korea. Taiwan (China) ranked first with imports of 1,163.617 tonnes, accounting for 47.16 per cent of total imports and increasing by 44.24 per cent M-o-M. The United States ranked second with imports of 332.53 tonnes, representing 13.48 per cent of total imports and declining by 31.57 per cent M-o-M. Japan ranked third with imports of 322.687 tonnes, making up 13.08 per cent...
Chinese aluminium extrusion manufacturer Syntech Metals Limited is positioning its aluminium extrusion and thermal-management capabilities to serve the growing electric vehicle charging infrastructure market in North America. Higher power density, faster charging and demanding outdoor conditions are driving the need for more effective heat management. As EV charging systems handle higher electrical loads, thermal management has become an important part of equipment design. Syntech Metals is positioning itself as a manufacturing partner that can combine aluminium extrusion, thermal design, precision CNC machining, surface treatment and assembly, rather than simply supplying raw aluminium components. The company supplies customised aluminium thermal-management components, including...
Press Metal Aluminium Holdings Berhad reported a 42 per cent increase in core profit after tax and minority interest for the second quarter of FY2026, as higher realised aluminium prices and lower alumina costs supported earnings growth. Core PATAMI, excluding a one-off associate-related gain, reached MYR 685.58 million (USD 170 million) for the three months ended June 30. Reported PATAMI rose 66 per cent year on year to a record MYR 801 million (USD 198.62 million), while revenue increased 12 per cent to MYR 4.69 billion (USD 1.16 billion). Higher metal prices support revenue The Malaysian aluminium producer said revenue increased from MYR 4.19 billion (USD 1.04 billion) in the corresponding quarter a year earlier, largely due to higher realised metal prices. Profit before tax climbed...
The Aluminum Association has responded to President Donald Trump’s recent remarks that the United States “desperately needs aluminium,” with its President and CEO Charles Johnson calling for an “all-of-the-above” approach that expands both primary and recycled aluminium production while maintaining access to imported metal from reliable trading partners. Johnson said Trump was right about the need for aluminium in the US but argued that domestic production alone cannot meet current demand. “We need to build both primary and secondary capacity — coupled with smart, targeted trade enforcement — to win the future,” he said. The comments followed Trump’s remarks during a telephone rally for Oklahoma Republican gubernatorial candidate Mike Mazzei. There he stated, “Selfishly, we need aluminium...
Japanese beverage company Kirin is exploring greater use of recycled and low-carbon aluminium as part of its efforts to reduce emissions from packaging and move towards a more circular packaging system. The company is considering GHG-free aluminium produced using renewable energy, as well as lower-emission aluminium with a high recycling rate. It is also looking at the possible use of carbon-free aluminium cans. Aluminium, PET and paper are among the packaging materials covered in Kirin’s climate risk assessment. The company estimates that carbon pricing could add JPY 43.8 billion (USD 275.4 million) to packaging costs by 2050 under its sustainable scenario, which assumes a stronger global shift towards a low-carbon economy. To learn the future of aluminium in the packaging industry,...
Metra North America, leading manufacturer of engineered architectural systems specialising in custom fenestration, curtain wall, and building envelope solutions, has announced that Meagan Lalonde has joined the company as Architectural Sales Manager. Lalonde brings more than a decade of experience in the architectural building products Industry, most recently with NanaWall Systems, where she managed the northeast network of independent representatives and led corporate accounts strategy targeting hospitality and multifamily developers. Her background also includes roles at Steel Encounters, Centria, Halio Glass, and Dormakaba Crane. “I am looking forward to growing Metra North America’s Building Systems and Architectural Solutions vertical, and bringing my knowledge and relationships to...
Romania has received its first EUR 2.5 billion (USD 2.91 billion) payment under the European Union’s (EU) Security Action for Europe (SAFE) facility, marking the first tranche of its EUR 16.7 billion (USD 19.46 billion) allocation. The EU SAFE defence funding is aimed at strengthening Romania’s defence capabilities and industrial base, with further payments linked to the completion of agreed milestones and implementation targets. The initial tranche represents 15 per cent of Romania’s total SAFE allocation, according to the European Commission. The funding is being channelled towards defence investments and forms part of the broader EUR 150 billion (USD 174.76 billion) SAFE instrument designed to support rapid investment in Europe’s defence industry and technology. “This funding will...
