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...
Aluminum investment has been spreading across the entire value chain, from primary smelting and alumina refining to recycling, rolling, extrusion and battery foil, building more integrated and higher-value supply chains. During the past 5 years, the US and Canada in North America and China in Asia have been grabbing headlines pertaining to the aluminum industry. These updates have involved growth stories or have shed light on volatile market situations. How have these headlines contributed to a greater picture for the benefit of the aluminum industries of the two continents? Between 2021 and 2026, major projects across North America and Asia have targeted new primary capacity, lower-carbon production, recycled aluminum and higher-value downstream products. But the investment pattern is...
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A team of Australian researchers has found a surprisingly simple way to make terahertz polarizers: using ordinary aluminium kitchen foil and a precisely controlled laser. The result could cut manufacturing costs dramatically while opening the door to faster production of these tiny optical components. What if a piece of aluminium foil from your kitchen could help solve a problem that normally costs scientists thousands of dollars? That is the question behind a new study from researchers at the ARC Centre for Transformative Meta-Optical Systems (TMOS) at The Australian National University (ANU), who have developed a way to make tiny devices called wire-grid polarizers using ordinary aluminium foil. The team used a nanosecond laser with precisely controlled pulses to carve microscopic metal...
Before India can mine more nickel, copper or rare earths, it first has to find them. Vedanta has deployed what it describes as India’s first high-speed hydrostatic portable drilling rig in Chhattisgarh, designed to investigate mineral targets as deep as 1,000 metres below ground. The rig is being used at two projects targeting gold and critical minerals, including nickel, chromium and platinum-group elements. Vedanta says conventional drilling equipment typically reaches 300 to 400 metres, leaving deeper geological targets harder to investigate. The search starts before the mine The new machine is not a mine, nor evidence that an economic deposit has been found. It is an exploration tool intended to collect geological information from deeper underground before a project can progress to...
Alcoa and the governments of Australia, Japan and the United States have begun construction of a gallium production plant at Alcoa’s Wagerup alumina refinery in Western Australia, targeting output equivalent to about 10 per cent of global gallium demand. The facility is expected to produce 100 tonnes of gallium annually and will be constructed and operated by Alcoa. It represents a joint effort to establish a new allied source of the critical mineral for semiconductors, advanced electronics and defence applications. From alumina refinery to gallium source The plant will be co-located with Alcoa’s Wagerup refinery, about 120 kilometres southeast of Perth. Rather than requiring a new mine, the operation will recover gallium from bauxite already processed to produce alumina, the feedstock...
According to the latest data from the General Administration of Customs of China, cumulative exports of Chinese aluminium foil (HS code 7607 series) totalled 802,000 tonnes in January-July 2026, of which July exports stood at 118,800 tonnes, down 9.3 per cent M-o-M from the June high of 131,000 tonnes, with the "rush to export" pulse effect clearly peaking and retreating. In July, all five major aluminium foil export categories declined M-o-M. The flagship category—rolled, not further worked, not backed aluminium foil (0.01mm < thickness ≤ 0.2mm)—exported 46,800 tonnes, down 7.1 per cent M-o-M, accounting for 39.4 per cent of total July exports. On a cumulative January-July basis, the product mix remained broadly stable. The flagship category, with thickness 0.01mm < thickness ≤ 0.2mm,...
Equus Energy Limited has moved its North West Shelf gas project into a new commercial phase after securing Alcoa Corporation as a foundation customer and outlining a USD 867 million NPV10, 31 per cent IRR and USD 1.25 billion Phase 1 development case. With technical pre-FEED work completed, the company is now seeking operators, equity partners, infrastructure groups, offtakers and financiers to help take the project towards a final investment decision (FID). Alcoa’s decade-long deal A key milestone is Alcoa’s agreement to procure gas around 50 TJ per day for 10 years from the Equus project. Alcoa has also committed staged funding of up to USD 30 million to support pre-FEED and FEED activities. The agreement gives Equus a foundation domestic customer while the company works to secure...
Canada’s aluminium extrusion market is expected to expand significantly over the coming years. The market was valued at USD 2,747.8 million in 2025 and is projected to reach USD 3,745.4 million by 2030, representing a 6.4 per cent CAGR, according to industry data. Recovery in automotive production, infrastructure investment and resilience in aerospace are expected to support this growth. At the same time, imports remain a significant part of Canada’s aluminium extrusion market. Average annual imports increased from 100,068.18 tonnes in 2016-2020 to 120,266.40 tonnes in 2021-2025, representing a 20.18 per cent increase. Imports peaked at 135,981 tonnes in 2022, before falling to 116,054.48 tonnes in 2024, down 14.7 per cent, and then to 111,376.35 tonnes in 2025, a further 4.0 per cent...
Hydro Energi and Statkraft have signed a long-term power purchase agreement (PPA) securing an annual electricity supply of 876 GWh from 2031 to 2040. The agreement will provide Hydro with around 8.8 TWh of power during the contract period, with deliveries planned in Norway’s electricity price area NO5. The agreement will support Hydro’s aluminium operations in Norway by providing access to renewable electricity at competitive terms. Reliable power supply remains essential for aluminium producers, as electricity accounts for a major share of aluminium production costs and plays a key role in reducing emissions from smelting operations. “Long-term and predictable power at competitive prices is vital for Hydro’s aluminium production in Norway and enables us to continue delivering low-carbon...
Coal India, the world’s largest coal producer, is evaluating bauxite opportunities in Ghana as the Indian state-controlled miner eyes expansion beyond coal and to secure overseas mineral assets. The Ghana interest is part of a wider plan to establish Coal India’s first overseas trading office in Singapore. This could serve as a base for mineral trading and potential acquisitions involving bauxite, lithium, iron ore, rare earths and other critical minerals. As of Thursday, Coal India was valued at around INR 2.48 trillion (USD 26 billion) on the Indian stock market. As per its official database, the company produced 768.19 million tonnes of coal in FY2025-26. Its move into overseas minerals comes as India seeks to secure resources required for manufacturing, renewable energy, electric...
Europe’s metal packaging industry is facing mounting pressure from rising costs, regulatory uncertainty, geopolitical tensions, labour shortages and competition from alternative materials. But according to three industry leaders, its biggest challenge may be internal: moving faster, communicating more effectively and acting with greater unity. Iris Arsic reports. Speaking at the Metal Packaging Europe (MPE) conference in Berlin, Paulo Sousa, CEO of Colep Packaging and president of MPE, Seàn Cairns, president of Sonoco Consumer Packaging EMEA & APAC, and Michael Mapes, CEO of Trivium Packaging, argued that metal packaging enters this period from a position of strength. The industry already has proven circularity and strong sustainability credentials. The challenge, they said, is ensuring...
Ashapura Minechem reported Q1 FY27 consolidated revenue of INR 16.16 billion (USD 169 million), up 19.22 per cent from a year earlier. Net profit rose 5 per cent to INR 1.15 billion (USD 12 million). Bauxite exports from Guinea increased 14.1 per cent year-on-year to 2.34 million tonnes, compared with 2.05 million tonnes in Q1 FY26. The increase in exports helped drive the higher revenue during the quarter. Ashapura has lowered its FY27 bauxite volume target to 9-11 million tonnes, from the earlier mark of 10-12 million tonnes. However, it has kept its FY28 target at 15 million tonnes, which is expected to translate into around USD 1 billion in sales. To know the production, demand and consumption forecasts of bauxite and alumina, explore the report " Global Bauxite & Alumina Market...
Why is the aluminium industry is considered the "fundamental pillar" of calcined petroleum coke? The key lies in its contribution to the absolute majority of consumption share, making it a stable cornerstone of demand, while the two are deeply intertwined through the key intermediate product-prebaked anode. First and foremost, the aluminium industry is the largest consumer market for calcined petroleum coke, holding a dominant position in demand. Data from multiple industry analyses show that over 70 per cent of global calcined petroleum coke production goes to the aluminium sector. If we broaden the statistical scope to include green petroleum coke (raw coke), the electrolytic aluminium industry alone accounts for approximately 40 per cent to 60 per cent of domestic petroleum coke...
Volta Aluminium Company Limited (VALCO) plans to move further into Ghana’s aluminium value chain with a new continuous casting and rolling mill that will produce aluminium rods for electrical cable manufacturers. The company has already supplied test samples to Nexans Kablemetal and Reroy Cables, with both manufacturers giving positive feedback. VALCO Finance Director, Sepenu Agbetsise, stated, “Hitherto, these companies would have had to import the rod and process it into the various cables that power our homes. Now, VALCO is in a position to supply those directly.” To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " The move takes VALCO beyond its traditional focus on primary aluminium....
Canyon Resources’ Minim Martap bauxite project in Cameroon has hit a fresh financing hurdle after AFG Bank Cameroon suspended further drawdowns under the project’s loan facility, prompting the company to withdraw its previously announced first-shipment timeline. The development comes as Canyon also faces funding constraints linked to the takeover bid from A2MP Investments FZCO. Canyon said its Cameroon-based subsidiary, Camalco Cameroon, received formal notice from AFG Bank that further disbursements under the loan facility would be suspended. The lender wants to complete a review of the Minim Martap project development schedule, financial model and other financial inputs, as well as conduct a site visit, before releasing additional funds. The funding pause is significant because the...
LME aluminium prices increased on August 21 compared with the trading day before, however, opening stocks are still unchanged. The LME aluminium cash bid price stood at USD 3,226.5 per tonne on August 21, up from USD 3,180 per tonne on August 20 , marking an increase of USD 46.5 per tonne, or 1.5 per cent. The cash offer price rose to USD 3,227 per tonne from USD 3,182 per tonne, up 1.4 per cent. The LME aluminium 3-month bid price increased to USD 3,242 per tonne on August 21 from USD 3,182 per tonne on August 20, rising USD 60 per tonne, to 1.9 per cent. The 3-month offer price rose to USD 3,244 per tonne from USD 3,183 per tonne, an increase of 1.92 per cent. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036:...
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,835 per tonne, up RMB 215 from yesterday's settlement price, an increase of 0.91 per cent It opened at RMB 23,800 per tonne during the session, fluctuating within a range of RMB 23,705-23,860 per tonne. The price is above MA5 (23,754.00), MA30 (23,620.50), and MA60 (23,637.50) but below MA10 (23,932.50). The medium and long-term moving averages are overall in a bearish arrangement, continuing to press downward, showing a structure of rebound followed by a pullback. The 10-day moving average above constitutes key pressure. The MACD indicator's DIF (88.0859) is below DEA (125.7334), with the MACD green bar at -75.2949, indicating that the bulls' momentum has weakened. The core trading range for SHFE aluminium is...
An employee at Kaiser Aluminum’s Kalamazoo facility passed away following a workplace incident, prompting an investigation by the Michigan Occupational Safety and Health Administration (MIOSHA). According to a MIOSHA report, the 43-year-old maintenance technician was welding inside a pneumatically powered scrap chute when the pneumatic clamshell closed, causing injuries that proved fatal. Kaiser Aluminum spokesperson Jill Gaul confirmed the incident and said the company is cooperating with local and federal authorities as the investigation continues. She added that the company is not currently in a position to provide further details. “Everyone at Kaiser Aluminum is deeply saddened and our thoughts are with the family, in addition to the welfare of all of our employees,” Gaul said. The...
China's automotive industry remained broadly stable in July 2026, though the market entered its traditional off-season, with both month-on-month and year-on-year sales declining. However, the penetration rate of electric vehicles (EVs) hit a record high, with the decline largely driven by conventional fuel vehicles. In July, the auto market entered its traditional off-season, with foot traffic and orders naturally declining. This was compounded by the pull-forward of some demand from mid-year sales campaigns, persistent high temperatures across the country, and typhoon and flood disruptions in some regions, all of which contributed to a seasonal month-on-month decline and a modest year-on-year dip. Exports continued to grow rapidly, exceeding 1 million units for the second consecutive...
The Bureau of Indian Standards has seized around 2,350 aluminium foil rolls from a unit in Mandoli, northeast Delhi, in an enforcement operation over alleged non-compliance with mandatory quality-certification rules. The search was carried out by BIS’s Ghaziabad Branch Office under Section 28 of the BIS Act, 2016, after the agency received information about possible violations. Officials seized the products for investigation and examined records linked to their manufacture, storage and certification status. Raid puts foil certification in focus The operation was led by Shailendra Kumar Verma, Scientist-C and Deputy Director, and Raj Kumar, Scientist-B and Assistant Director, along with other officers from the BIS Ghaziabad Branch Office. BIS said the matter remains under examination and...
