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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Emirates Global Aluminium (EGA), the world’s largest producer of premium aluminium, has announced another major expansion at its EGA Spectro Alloys facility in Minnesota, USA. The latest phase of development will increase the aluminium recycling plant’s total capacity to 200,000 tonnes per year,...
China is intensifying its efforts to combat pollution and climate change by accelerating its shift toward electric mobility. The automobile industry has become a central pillar of this transition, as record electric vehicle (EV) sales highlight how policy incentives, technological innovation, and...
ABx Group, an Australian exploration and critical mineral production firm, has reported a breakthrough in its rare earth processing at the Deep Leads Project in northern Tasmania. The company achieved over 98 per cent of rare earths during its impurity removal tests - a major step towards...
Today, October 16, 2025, marks the start of consultations for the Albanese Labour Government’s impressive USD 2 billion Green Aluminium Production Credit. This significant investment is set to boost the Australian aluminium industry, helping to fortify local businesses and create jobs. Tracing back...
On Tuesday, Mysteel's assessments for the prices of 5,500 kcal per kg, 5,000 kcal per kg and 4,500 kcal per kg NAR coal strengthened to RMB 720 per tonne (USD100.9per tonne), RMB 630per tonne and RMB 550per tonne, respectively, FOB northern ports basis with VAT, all higher by RMB 5per tonne from...
The High Court has granted permission for a judicial review concerning the proposed expansion of the Aughinish Alumina refinery in County Limerick. The move is highly appreciated by campaigners, as it represents an important step towards ensuring that industrial progress continues in harmony with...
The London Metal Exchange (LME) has just rolled out the next step in its mission to create sustainable metal premium pricing for brands that are LME-approved. As part of this exciting initiative, the Exchange is set to introduce a new entity under the HKEX Group in Dubai, which will serve as the...
According to the latest announcement by Kaiser Aluminium Corporation, a quarterly cash dividend of USD 0.77 per share will be paid to the company’s shareholders on November 14, 2025. However, this payout will be received exclusively by the select shareholders who are listed in the company’s records...
South32, an Australian mining and metals company headquartered in Perth, Western Australia, has given a maintenance contract to EnerMech for its Alumina Worsley refinery. The three-year agreement with the company is for EnerMech to be looking after the overall maintenance, including inspection,...
General Motors Co. will incur USD 1.6 billion in charges following its retreat from electric vehicles, highlighting the damage US policy shifts are causing to plug-in car demand. The company announced on Tuesday that USD 1.2 billion will be derived from a non-cash impairment related to realigning...
Futures: According to the night session data on Oct. 15, technical analysis showed that the SHFE aluminium 2511 contract fluctuated rangebound during the Oct. 15 night session, closing slightly up 0.05per cent at RMB 20,885 per tonne. Moving averages indicated the price was below the 5-day MA...
London Metal Exchange (LME) aluminium prices strengthened on October 15, supported by steady demand and improved market sentiment. The LME aluminium cash bid price stood at USD 2,752 per tonne, up 0.70 per cent from USD 2,733 per tonne on October 14. The cash offer also increased by 0.68 per cent,...
Since Russia’s full-scale invasion in 2022, Ukraine’s metals and raw materials sectors have become a battleground not just militarily, but economically. The latest trade data through 2025 reveals a dynamic shift with surging imports in key raw materials, including bauxite and coke, and...
The flow of aluminium into the United States softened in the first half of 2025 as tariffs, weaker industrial activity, and higher energy costs reshaped buying patterns. Primary aluminium imports came in at 1.81 million tonnes, a touch lower than the 1.85 million tonnes recorded in the same period...
Century Aluminum, a small-cap player in the non-ferrous metals sector, has seen some impressive stock gains recently, both over the past week and the past year. However, despite this positive trend, the company is still facing some strategic hurdles, such as a low Return on Capital Employed and...
Solex Energy signs MoU worth $61M with Zelestra Group for high-precision solar modules Gujarat-based solar manufacturer Solex Energy has recently signed a new contract valued at approximately USD 61.3 million. The deal involves supplying high-end solar modules to Zelestra Group, a renewable energy...
On the supply side, China's alumina operating capacity rose above 98MTPA last week. Despite shrinking margins in the alumina sector, no cost-driven cuts or plans have been heard. Besides, according to Mysteel's tracking, China's alumina imports are expected to see a significant rise in October,...
Futures: According to the night session data on October 14, the SHFE aluminium 2511 contract closed at RMB 20,855 per tonne, down 0.36 per cent. It was under pressure in the short term below the 5-day moving average (MA5: 20,934), but remained above the 10-day, 30-day, and 60-day moving averages,...
