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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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...
Aluminz Corporation has unveiled plans to establish the United States’ first zero-landfill aluminium production facility in Titus County, Texas. The project, developed in collaboration with the Mount Pleasant City Council and the Mount Pleasant Economic Development Corporation (MPEDC), will span a 155-acre site under a 30-year lease agreement. Once operational, the facility is expected to create more than 130 permanent jobs in the region. “This initiative isn’t only good for Titus County and Aluminz; it will help drive growth for a wide ecosystem of partners and customers,” said Richard Mayenknecht, CEO of Aluminz. The project is set to generate 130 full-time jobs across operations, maintenance, and administration, all offering above-market wages, in addition to 75 skilled construction...
Canadian aluminium smelters are sharply reducing primary metal exports to the US following an escalation in tariffs under the Trump administration. Beginning in March 2025, the US reinstated a 25 per cent tariff on Canadian aluminium, which was then unexpectedly doubled to 50 per cent in June, causing significant disruption to established trade flows and leaving Canadian exporters little time to adjust. Major producers such as Alcoa Corp have led this shift by diverting more than 100,000 metric tons of Canadian aluminium away from US buyers to alternative global markets, mainly in Europe. This pivot has been facilitated by the fact that approximately 30 per cent of Alcoa's Canadian production is not bound by annual contracts, allowing flexible redirection to more favourable markets....
Alcoa Corporation, a prominent global aluminium producer, has once again demonstrated its financial resilience by maintaining a consistent quarterly cash dividend of USD 0.10 per share for both its common stock and Series A convertible preferred stock. Despite ongoing challenges such as falling aluminium prices, rising tariffs and global market uncertainties, the company's Q2 2025 earnings showcased strong operational performance and a robust cash position, reaffirming its shareholder-focused capital strategy. On July 30, 2025, the firm announced that its Board of Directors had declared the quarterly cash dividend. The dividend includes USD 0.10 per share on the company's common stock and a corresponding dividend on its Series A convertible preferred stock. Both are scheduled to be paid...
The Ministry of Lands and Natural Resources has firmly denied reports suggesting the cancellation of a $1.2 billion bauxite lease awarded to Rocksure International in favour of foreign companies, calling the allegations false, baseless, and misleading. In a statement released on July 30, the Ministry clarified that no valid lease ever existed with Rocksure International, as Ghana’s 8th Parliament never ratified the proposed agreement before its dissolution in January 2025. This statement directly challenges claims that Ghana followed Guinea’s lead in revoking mining licenses, particularly Rocksure’s, in a strategic shift toward foreign partnerships. “No official valuation has confirmed that figure, suggesting the claim is a deliberate distortion meant to stir public discontent. Further...
In a notable development within the recycled aluminium sector, UK-based start-up Paragon Resources has entered into a Memorandum of Understanding (MoU) with Siemens Energy, a global leader in energy technologies. The collaboration aims to commercialise an innovative hydrogen production process that leverages recycled aluminium reacting with water in the presence of a catalyst, highlighting the strategic integration of advanced technology in sustainable aluminium applications. Image source: siemens.co.uk Under the terms of the MoU, both organisations will collaborate to deploy and scale up a hydrogen production technology that operates without the use of fossil fuels, electrolysis or electricity. The process generates hydrogen gas and aluminium hydroxide, presenting a highly viable...
On July 23, approved by the Anhui Provincial Market Supervision and Administration Bureau, the Anhui magnesium-Aluminum Alloy Product Quality Inspection and Testing Centre was officially established. The centre will be based on the development needs of the new material industry in Chizhou City, focusing on quality inspection, scientific research, and standard formulation and revision of magnesium-aluminium alloy products, providing strong technical support for the high-quality development of the magnesium-based and aluminium-based industries in Chizhou City. Constructing a high-standard inspection and testing platform. The centre relies on the Chizhou Quality Supervision and Inspection Research Institute as its parent organisation, and has built a professional laboratory with an area of...
As of July 29, Mysteel's daily assessment for Guinea bauxite (Al:45%,Si:3%) was USD 73 per dry metric tonne (dmt), unchanged from a week ago, but down USD 1 per dry metric tonne from a month ago. The assessment for Australia bauxite (Al:50%,Si:6.5%) remained flat at USD 69 per dry metric tonne. Seaborne bauxite prices remained flat last week. Despite increasing spot trades, the transaction prices mostly showed no changes in the trend. On the supply side, we observed a visible W-o-W increase in the shipments in Guinea last week. However, it's still at a low level due to the impact of the wet season and the supply disruption in the AXIS mining area. A Chinese-invested mining company in Guinea's AXIS mining area was heard to prepare for resumption of production. However, according to...
Stellantis, a multinational automotive corporation in the Netherlands, is bracing for a financial hit in the second half of 2025, expecting a Euro 1.2 billion (USD 1.4 billion) impact from new US tariffs as the global auto industry grapples with changing regulatory barriers and trade winds. After a relatively small Euro 300 million (USD 327 million) contribution in H1, the automaker believes the "real bite" will come as the new 25 per cent duties on imported cars and parts take effect (announced by President Donald Trump). Trade policies disrupt Stellantis’ North American operations Stellantis is exposed to tariffs primarily because of its large footprint in Canada and Mexico, which represented a sizable percentage of the 1.2 million vehicles sold in the US last year. While exemptions...
Metal Exchange (LME) aluminium prices saw modest gains on July 30 compared to the previous day, while inventories also edged up. The LME aluminium cash bid price rose to USD 2,610 per tonne, up 0.11 per cent from USD 2,607 per tonne on July 29. The cash offer price moved up 0.08 per cent to USD 2,611 per tonne from USD 2609 per tonne. The 3-month bid price climbed 0.27 per cent to USD 2,614 per tonne, while the offer price increased 0.27 per cent to USD 2,615 per tonne. Also read: Rio Tinto’s H1 2025 net earnings fall 22% amid tariff impact and higher capex For December 26 contracts, the bid price advanced 0.23 per cent to USD 2,658 per tonne from USD 2652 per tonne from the previous day and the offer price also gained 0.23 per cent to USD 2,663 per tonne. Meanwhile, the LME 3-month Asian...
Ireland's ambitious Deposit Return Scheme (DRS) has achieved a notable environmental milestone by collecting over 1.6 billion plastic bottles and aluminium or steel cans since being implemented nationwide in February 2024. The DRS has transformed Ireland's container recycling rate from 49 per cent to an impressive 91 per cent, ranking it among the fastest transformations of any European country. A behavioural shift powered by incentives The DRS implemented by Ireland in February this year is a seemingly simple model with a profound impact. Under the system, consumers pay a 15 to 25 cent (USD 0.22 to USD 0.37), refundable deposit on drinks sold in a single-use container with the Re-turn logo. When they return their undamaged containers back to somewhere over 2000 return points (which...
During the ACG Summer Conference held in late June 2025 at Ljubljana, Arturo Martorelli, Chief Commercial Officer at Gaula Closures, was unanimously appointed as the new Chair of the Aluminium Closures Group (ACG). He takes over the leadership from Franco Bove, who has held the position since the group's inception in 2011, marking nearly 14 years of service. During the same event, Patrick Broom was appointed as Vice-Chair. Globally led manufacturers of the aluminium closures and their suppliers, which represent 75 per cent of the global production, are brought together by the Aluminium Closures Group. The use of aluminium screw caps is seen mainly in the wine, spirits, mineral waters, oil and vinegar sectors. The core activities of ACG include market analysis, advancing recycling and...
Rio Tinto reported a mixed set of financial results for the first half of 2025, as softer commodity prices, surging capital expenditure, and steep US aluminium tariffs weighed on its performance. Image source: Rio Tinto The company reported net cash generated from operating activities of USD 6,924 million, down 1.9 per cent from USD 7,056 million in H1 2024, reflecting margin compression and elevated cost pressures. Free cash flow declined sharply to USD 1,962 million, a 31 per cent fall from USD 2,843 million a year earlier, primarily due to a significant rise in investment. Capital expenditure, including purchases of property, plant, equipment, and intangible assets rose to USD 4,734 million, up from USD 4,018 million in H1 2024. Sales revenue remained largely flat at USD 26,873...
RUSAL, one of the world’s largest aluminium producers, has started producing iron and titanium alloying tablets in the Sverdlovsk Region. This import substitution project will fully satisfy the Russian aluminium industry’s demand for these crucial raw materials, strengthening the technological independence of the domestic industrial sector. Until now, these alloying materials have been imported. “The new facility in Kamensk-Uralsky will secure our independence from foreign raw material supplies for aluminium alloy production. RUSAL Silicium Urals will produce up to 3,000 tonnes of iron and titanium alloying tablets each year. This amount is enough for the Sverdlovsk Region to meet the domestic aluminium industry’s needs entirely. Through this project, we are boosting the region’s...
Himoinsa, a global leader in the design, manufacturing and distribution of power generation systems, has delivered a 24 MW power plant for a metallurgy facility in Kouriah, strengthening energy resilience in one of Conakry's key industrial zones. Why does it need mention in the export boom scenario of Conakry? As of Q1 2025, Conakry marks the highest contribution in Guinea's total bauxite export, mainly because of the presence of high-quality bauxite deposits in the region. Coupled with the ore presence, high-end mining technology plays an integral role. The setup of the power plant ensures elevated mining operations and ensures that Guinea's capital exceeds the previous shipment record in FY'25. Conakry has exported 48.6 million tonnes of bauxite in the first quarter of the fiscal year....
Chinese alumina prices for spot sales generally tracked higher across China's five alumina-producing areas on July 29, and those for domestic futures contracts also rebounded. Image for referential purposes only On Tuesday, Mysteel assessed the spot prices for smelter-grade alumina with purity exceeding 98.6 per cent at RMB 5 per tonne (USD 0.7 per tonne) higher from Monday in Shandong, Henan, and Guizhou provinces and in the Guangxi autonomous region. Prices in these areas averaged between RMB 3,205 per tonne and RMB 3,325 per tonne. Similarly, the assessed price for Shanxi province material rose by a larger RMB 10 per tonne on day to reach RMB 3,240 per tonne the same day, Mysteel's daily tracking showed. The rises in spot alumina prices signalled firming sentiment among participants in...
A trade agreement between Japan and the US in July 2025 provided partial tariff relief, but ongoing challenges particularly in aluminium and auto parts continued to weigh on Japan’s manufacturing output. While services accelerated domestic demand, the country’s industrial base remained under pressure amid evolving global trade dynamics. The S&P Global Japan Manufacturing Purchasing Managers’ Index (PMI) fell to 48.8 in July, dipping below the crucial 50-point mark that separates growth from contraction. This marked a reversal from June’s 50.1, the first expansion reading in over a year. Economics Associate Director at S&P Global Market Intelligence Annabel Fiddes said, “Business activity across Japan's private sector continued to expand at the start of the third quarter, fuelled by...
With Guinea revoking more than 129 licenses of the bauxite miners , Ghana is now following a similar step. Starting with a local firm, Rocksure International, Ghana has cancelled the bauxite lease worth USD 1.2 billion. The major cause behind the cancellation was the lease being ratified by the parliament. Under Ghana’s legal framework, a landmark 2019 Supreme Court decision, widely known as the “Exton Cubic ruling” established that any mining lease not ratified by Parliament is deemed legally void. This legal precedent empowered the Ministry of Lands and Natural Resources to formally notify Rocksure of the termination of its mining lease. After cancelling the lease of its local firm, Rocksure International, Ghana is currently seeking a partnership with international companies. The major...
