Uno Minda is set to invest around INR 14.15 billion (USD 147.51 million) across four manufacturing expansion and consolidation projects, with a major portion of the spending directed towards increasing its aluminium casting capacity in Hosur, Tamil Nadu. The automotive components maker plans to...
North America’s aluminium industry is entering a new era in 2026. As the US races to rebuild primary smelting capacity from near-zero, Canada pairs expansion with low-carbon innovation and recycling. From a USD 4 billion Oklahoma smelter to Quebec’s newly commissioned AP60 plant, here’s how each...
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Steel Dynamics Inc. (SDI), based in Fort Wayne, Indiana, has reported strong third-quarter 2025 results. The leading industrial metals company achieved another milestone by recording a net sales of USD 4.8 billion and net income of USD 404 million, equal to USD 2.74 per diluted share. While record...
The world of renewable energy is booming, with global power generation capacity expected to more than double by 2030, as highlighted in the latest medium-term outlook by the International Energy Agency (IEA). This impressive growth is primarily fueled by the rapid rise of solar PV technology, even...
The sale of the former Anglesey Aluminium site in Holyhead involved a hefty fee of around GBP 2.8 million to the administrator for the sale of the site. The former Anglesey Aluminium site in Holyhead was an aluminium smelting plant that was closed in 2009 after the end of its power contract. Both...
High efficiency aluminium grain refiner specialist MQP has appointed a new technical business development director. Following the retirement of Richard Dean, Matthew Piper brings 15 years of experience in the industry to his new role, leading the global sales and technical development of Optifine...
Aditya Aluminium, part of Hindalco Industries Limited, has proudly launched Odisha’s very first 200 KLD Zero Liquid Discharge (ZLD) facility at its Sambalpur plant in Hirakud. This achievement marks a significant step forward in industrial water management, highlighting the company’s dedication to...
Aditya A. Shriram, Deputy Managing Director, DCM Shriram Ltd., has been elected as the new President of Alkali Manufacturers Association of India (AMAI), the august body of INR 360,000 million (USD 4.1 million)Alkali and Chloro-Vinyl industry in the country. Prashant J. Mahale, Sr. Executive Vice...
South Africa’s Hillside Aluminium smelter continues to hold a key role in developing and running the country’s manufacturing base. Operating since 1996, the smelter at Richards Bay has become one of the largest aluminium producers in the southern hemisphere. It is processing imported alumina into...
The Baltic Exchange’s dry bulk sea freight index remained unchanged at 2,069 points on Monday. It is regarded as the world’s leading independent benchmark for dry bulk maritime freight rates. The index is used for trading and settling physical and derivative shipping contracts. Monday’s flat...
The London Metal Exchange (LME) aluminium price showed a sharp increase, reflecting the on-going fluctuations within the market. Both the LME cash bid and offer rose by USD 37 per tonne or 1.33 per cent, and each settled down at USD 2,817 per tonne and USD 2,818 per tonne, respectively. The 3-month...
Global carmakers are in a race to secure vital rare earth minerals before new Chinese export restrictions take effect in November. According to industry veterans, restrictions on exports by the Chinese Government will cause a massive shortage of key mineral products, which will further impact the...
At the Aluminum Association’s annual meeting in Washington this September, the topic that dominated was not tariffs, not trade, but energy. As the US government doubles down on its Made in America agenda, aiming to restore domestic aluminium production, executives warned that the dream of a primary...
Africa is blessed with sunshine. In fact, the African Development Bank notes that the continent has “almost unlimited” solar potential, roughly 10,000 gigawatts (10 terawatts) of capacity. This equates to more than 50 times the world’s current power needs. Yet ironies abound. Some 600 million...
Australia’s South32 is currently in talks with the Mozambican government about the future of Mozal, which is the largest aluminium smelter and a key industrial employer in the country. Even with these discussions underway, the company is preparing for a potential halt in operations starting in...
Mukesh Ambani-owned Reliance Industries Ltd (RIL) is all set to start solar power generation in the first half of FY 2026 at its Kutch facility hub. This is indeed a great move towards realising India’s clean energy ambitions. The upcoming renewable energy facility in Kutch, Gujarat, spanning over...
A Midlands company, Bridgnorth Aluminium Limited, has been fined GBP 300,000 (USD 401,451) after a worker sustained serious injuries when a 1.5-tonne hydraulic arm malfunctioned at its Bridgnorth site. The incident took place on 10 May 2023, when the employee was undertaking preparatory activities...
ABx Group has secured another crucial Research and Development (R&D) tax offset of AUD 300,000 (USD 479,847) from the Australian Taxation Office for the R&D work carried out during FY 2024. The refund will be invested to strengthen ABx’s ongoing efforts for further exploration and processing...
According to Mysteel's daily assessment, the national average spot price for smelter-grade alumina with a purity above 98.6 per cent slid by RMB 5 per tonne (USD 0.7 per tonne) from Monday to RMB 2,940 per tonne on Tuesday. This marked the 30th consecutive working-day decline. The drop mainly...
Norðurál Grundartangi ehf, a wholly owned subsidiary of Century Aluminum Company, has temporarily paused operations on one of its two potlines due to an electrical equipment failure at its aluminium smelter in Grundartangi, Iceland. The company has assured that there were no injuries from the...
