Vedanta Aluminium could see a 31 per cent upside from its current market price, with Kotak Neo retaining a ‘Buy’ rating and a price target of INR 540 as it expects a firm aluminium market to support the company's earnings growth. The research house expects global aluminium markets to remain tight through calendar year 2028, with project execution challenges potentially limiting the pace of new supply from Indonesia. It said the market may be underestimating the durability of the aluminium upcycle and Vedanta Aluminium's earnings growth potential. Vedanta Aluminium Metal shares were trading 3.02 per cent higher at INR 416.50 on Friday, September 18, 2026, compared with the previous close of approximately INR 404.30. The stock has declined around 8 per cent over the past month. At INR...
US-based Strategic Bauxite Inc. is preparing to expand its refractory-grade bauxite operations in Guyana after acquiring Guyana-based First Bauxite LLC in July. The company’s plans were discussed during a recent meeting between US Ambassador to Guyana Nicole Theriot and Strategic Bauxite executives. The proposed investment is expected to expand mining and processing capacity in the country while strengthening the supply of refractory-grade bauxite. The expansion is backed by USD 85.5 million in US government equity funding through the Industrial Base Analysis and Sustainment (IBAS) programme, alongside USD 64.5 million in private-sector co-investment. Guyana mine and calcination capacity to expand According to the US Embassy, the combined USD 150 million investment will support an...
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Otto Junker, a globally renowned manufacturer of advanced industrial furnace systems for the metal processing sector, has successfully concluded a key decarbonisation project at Neuman Aluminium's Strangpresswerk facility in Lilienfeld, Lower Austria. Dedicated to aluminium component production, the facility is actively advancing its transition toward sustainable manufacturing practices. Image source: otto-junker.com Both companies have successfully transitioned a gas-fired billet heating plant to electric heating, marking a significant milestone toward climate-neutral production. Previously, commissioned as a gas-fired convective billet heater until 2016, the plant has now been upgraded to the energy-efficient EcoJet system. With this transition, the facility can now heat its 8-inch...
In July, the weighted average full cost of alumina nationwide was approximately RMB 2,957 per tonne, down RMB 14 per tonne M-o-M; the weighted average cash cost was approximately RMB 2,787 per tonne. Image for referential purposes only For bauxite, the bulk import bauxite prices fluctuated around USD 73-74 per tonne in July. The prices of low-temperature Australian bauxite dropped back slightly, while China’s domestic bauxite prices remained largely stable, resulting in relatively stable bauxite costs for alumina production. Entering August, domestic bauxite prices in northern China are expected to remain stable, while those in southern China show signs of a slight increase. For imported bauxite, the shipment volume of Guinean bauxite declined during the rainy season, and sellers'...
Aluminium futures slipped on Friday, with August contracts on the Multi Commodity Exchange (MCX) trading at INR 249.30, down 0.46 per cent, after the Trump administration announced a fresh round of tariffs scheduled to take effect within a week. On the London Metal Exchange (LME), three-month aluminium contracts also declined by about 1.4 per cent to USD 2,565 per tonne. Despite the near-term dip, analysts remain optimistic about the metal’s outlook. Ajit Mishra, Senior Vice President – Research at Religare Broking, pointed to rising Chinese demand and tightening global supply as key supportive factors. He added that progress in US–China trade negotiations and Beijing’s recent approval of a massive CNY 1.2 trillion hydroelectric dam project are likely to drive sustained industrial...
Ferroglobe PLC, a London-based supplier of high-purity chemical and metallurgical-grade silicon metal for the aluminium and steel industries, reported a weak Q1 2025 performance, with revenue declining to USD 307.2 million, a 32 per cent drop year-on-year and an adjusted EBITDA loss of USD 26.8 million, primarily driven by falling prices and reduced volumes of core products. The management of Ferroglobe PLC views the current downturn as cyclical and maintains its full-year 2025 guidance for a positive adjusted EBITDA in the range of USD 100–170 million. Notably, recent trade protection measures, such as the steep US tariffs on ferrosilicon imports and anticipated EU safeguards on silicon metal, are expected to curb oversupply and support price stabilisation in the second half of the year....
When the European Union and the United States announced the formation of a new “metals alliance” on July 28, 2025, it signalled more than just tariff alignment. It marked a turning point, a coordinated effort to shield their domestic metals sectors from a common adversary: China’s state-driven overcapacity, particularly in steel and aluminium. While the alliance has been framed around steel safeguards and trade architecture, it is aluminium that now demands equal, if not greater, strategic focus. Image source: https://assets.weforum.org/ The proposed framework aims to replace Section 232-era tariffs with quota-based access to the US market for EU metals and jointly coordinate trade defence tools across aluminium, copper, and steel. European Trade Commissioner Maroš Šefčovič summed up the...
Starting from October 2025, almost all the aluminium bicycle frames from Trek, Electra, and Diamant will be made out of aluminium. These aluminium would be mostly sourced from various renewable sources like recycled material. This initiative of Trek would impact over 1,000,000 bikes produced annually and is the largest carbon initiative in its history. This shift to the use of aluminium in the production of bicycles would be a significant step within the sustainability initiatives implemented by the cycling industry so far. From the year 2021, Trek has been investigating using low-emission aluminium. The company has been focusing on an aluminium sourcing policy to help its suppliers procure it. The aluminium frames for the company would be sourced to meet the present demand of...
As August 1 approaches, trade discussions between the US and Canada have shifted focus amid ongoing concerns over aluminium tariffs. US Treasury Secretary Scott Bessent, speaking on July 31, 2025, acknowledged the financial strain faced by American manufacturers, particularly Ford Motor Company and signalled potential tariff relief for Canada's aluminium and steel industries. In June, Trump announced a tariff hike on global aluminium and steel imports, doubling the rate to 50 per cent. The move was justified on national security grounds, citing insufficient domestic production of the critical metals. The US and Canada are engaged in negotiations to resolve the ongoing aluminium and steel tariff dispute ahead of the approaching Friday deadline. On Wednesday, Prime Minister Mark Carney...
Vedanta Limited missed quarterly profit estimates for the first quarter of FY26, as weaker aluminium and copper prices, coupled with a sharp increase in tax expenses, weighed on earnings. Despite strong domestic demand and robust operational performance across its business segments, the metals-to-oil conglomerate saw its bottom line shrink. Image source: Vedanta In Q1 FY26, Vedanta reported a consolidated net profit of INR 4,457 crore, down 13 per cent from INR 5,095 crore in the same quarter last year. This decline came even as revenue rose 6 per cent year-on-year to INR 37,434 crore, up from INR 35,239 crore in Q1 FY25, supported by higher product premiums and favourable foreign exchange movements. The dip in profit was primarily driven by a steep rise in tax expenses, which nearly...
In the heart of Kendall Square, a Boston neighbourhood known for its practical and distinctive architectural features, the new Ragon Institute medical centre has been built. Designed by acclaimed architecture firm Payette, the building makes a bold statement with its use of aluminium, not just for looks, but for function too. Its most striking feature is not the glass or structure, but a delicate layer of tapered aluminium fins that add visual interest, improve performance and quietly reflect a growing focus on aluminium’s sustainable future. Aluminium’s evolution: from industry to ideation More than a functional and utilitarian metal, aluminium in 2025 symbolises something more. With industries navigating the challenges of decarbonisation and circular design principles, aluminium is once...
According to SMM statistics, domestic primary aluminium production in July 2025 (31 days) increased by 1.05 per cent YoY and 3.11 per cent M-o-M. The operating capacity of primary aluminium in China increased slightly M-o-M in July, mainly due to the start-up of the second-phase replacement project of primary aluminium in Shandong-Yunnan. With the strong off-season atmosphere in the end-use market, alloy production cuts were significant across the country. Image source: https://assets.noviams.com/ As a result, the proportion of liquid aluminium in domestic aluminium smelters declined significantly in July, with the industry's proportion of liquid aluminium falling by 2.06 percentage points MoM to 73.77 per cent. Based on SMM's data on the proportion of liquid aluminium, the domestic...
LQDX, formerly known as Averatek Corp. and a developer of high-performance materials for advanced semiconductor manufacturing, has announced the successful divestiture of its Aluminum Clad Laminate IP (ACL™) intellectual property to Toyo Aluminium K.K. Toyo Aluminium, a global leader in speciality aluminium products serving the consumer, electronics, and automotive industries, will acquire specific IP rights to support the scale-up and commercialisation of ACL™. "We are thrilled to complete this transaction with Toyo Aluminium. Toyo Aluminium K.K has made a deep investment in the development of ACL™ technology, and their unique aluminium expertise enables continuing innovation and scale-up in the critical fields of advanced semiconductor packaging and fine-line IC-substrates," said Simon...
A total of 12 Chinese non-ferrous metal companies made the 2025 Fortune Global 500 list of the world's largest firms by revenue, China Nonferrous Metals News (CNMN) noted from Fortune China's release on July 29. Image for referential purposes only (Source: Linkedin) The top three among the 12 firms were China Minmetals, Jiangxi Copper, and Shandong Weiqiao Pioneering Group, ranking 86th, 165th, and 166th, respectively. Shandong Weiqiao Pioneering Group, the parent company of Chinese aluminium giant China Hongqiao Group, secured a place on the list for the 14th consecutive year in 2025 with an annual revenue of USD 77.63 billion. Its ranking rose by nine spots from last year to reach 166th. Following closely was another aluminium conglomerate, Aluminum Corporation of China (Chinalco),...
On Thursday, July 31, both LME aluminium cash bid price and LME aluminium official settlement price witnessed significant drop of USD 30.5 per tonne or 1.16 per cent and USD 31 per tonne or 1.18 per cent, compared to the previous day. This drop can be attributed to the ongoing economic concerns in China, where manufacturing activity shrank for the fourth straight month. As per the LME price graph, from Monday to Thursday, the prices have shown a fluctuating output. On the same day, both 3-month bid price and 3-month offer price also declined by USD 33 per tonne or 1.24 per cent and USD 33.5 per tonne or 1.28 per cent. The prices closed at USD 2,581 per tonne and USD 2,581.5 per tonne. December 26 bid price and December 26 offer price dropped by USD 33 per tonne to halt at USD 2,625 per...
European leader in aluminium rolling and recycling, Speira, has appointed Johannes Steurer as its new Chief Financial Officer, effective from July 31, 2025. Steurer has formally become responsible for the company's finance, legal and IT teams this week, bringing considerable high-level experience from within the aluminium industry. Steurer, who is 41, has an impressive track record in the industry, most notably with Swiss-headquartered flexible packaging group Aluflexpack AG. He worked with the company as its CFO from 2012 before being made CEO in 2022. Track record of excellence During his time with Aluflexpack, Steurer played a key role in guiding the company's brand direction and progressing its value creation, internationalisation, and sustainability agenda. He is also responsible for...
ABx Group Limited has reported notable progress across its rare earths and bauxite initiatives. In Tasmania, the company completed a successful scout drilling campaign, with more than 30 per cent of drill holes encountering rare earth mineralisation. It is also moving forward with its Deep Leads project, having initiated a formal Processing Options Analysis and submitted a sample to ANSTO for evaluation. In parallel, ABx is developing a continuous pilot plant designed to recycle fluorine waste and is actively engaged in discussions regarding bauxite supply from its Sunrise Bauxite Project. These advancements reinforce ABx’s strategic position in the critical materials supply chain and may carry significant implications for stakeholders in the rare earths and bauxite sectors. Image for...
Unifor Local 127 members at Dajcor Aluminum have hit the picket lines after discovering the company’s plan to remove equipment and bring in replacement workers. Tensions flared when employees voted down a tentative agreement on Tuesday, July 29, prompting the union to extend the strike deadline and urge Dajcor to return to the bargaining table with a better wage offer. Instead of negotiating, Canada-based Dajcor Aluminum doubled down sparking outrage by moving forward with efforts to relocate machinery and enlist non-union labour. Unifor is ramping up its Protect Canadian Jobs campaign as a wave of new threats puts domestic manufacturing in the crosshairs. “Any attempt to remove equipment from a Unifor facility or bring in scabs will always be met with the swiftest possible response from...
Impact Minerals has once again confirmed its position as the lowest-cost global HPA producer with its recent release of a Pre‑Feasibility Study (PFS) for its Lake Hope High‑Purity Alumina (HPA) project in Western Australia. According to the PFS, the Net Present Value (NPV₁₀) is no less than AUD 1.165 billion (USD 746 million), a flat‑line CapEx of AUD 259 million (USD 167 million), and operating costs of ~USD 5,860 per tonne. However, it shows a potential of sliding below USD 4500 with the byproduct credits. Strategy meets scale: Impact Mineral’s vision for HPA growth Pilot plant & government-backed innovation A pilot plant is underway with CAD 2.87 million (USD 2.07 million) in UK‑PCRC funding, partnered between CPC Engineering and Edith Cowan University. The plant is focused on membrane...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter on a single site, has achieved a major safety milestone by recording 38 million safe working hours without a Lost Time Injury (LTI) as of 31 July 2025. Image Source: Alba PR and Instagram This marks a 1 million-hour increase from 27 June 2025 , when Alba reported 37 million LTI-free hours, demonstrating the company’s sustained commitment to workplace safety. The accomplishment highlights Alba’s strong safety culture and proactive risk management systems. In comparison, data published in June 2022 showed just 20 million safe hours without LTI, marking a significant improvement. Alba Chief Executive Officer Ali Al Baqali stated, “This tremendous achievement of 38 million safe working hours without LTI is a testament to...
