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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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...
Vedanta Aluminium, known to be India's largest aluminium producer, is set to undertake the largest manufacturing capital expenditure of Q1 FY26 with a greenfield aluminium smelter project valued at INR 1.3 trillion (USD 15.64 billion) in Odisha. The investment reflects growing private sector confidence and underpins Vedanta's plans for a 3 MTPA smelter integrated with a 4,900 MW power plant set up near Kamakhyanagarin, Odisha's Dhenkanal district. Image source: linkedin.com Once operational, the project is expected to generate over 200,000 jobs and drive sustained economic growth in the region through the development of auxiliary industries, infrastructure improvements and enhanced logistics. In Q1 FY26, private sector investments totalled INR 3.5 trillion (USD 42.11 billion), with...
Futures market: On the previous trading day's night session, the most-traded SHFE aluminium 2509 contract opened at RMB 20,585 per tonne, with a high of RMB 20,675 per tonne, a low of RMB 20,570 per tonne, and closed at RMB 20,620 per tonne, up 0.07 per cent from the previous close. LME aluminium opened at USD 2,634 per tonne, with a high of USD 2,634 per tonne, a low of USD 2,601 per tonne, and closed at USD 2,606 per tonne, down 0.95 per cent. Image for referential purposes only Macro: (1) The China-US economic and trade teams held in-depth exchanges on major issues, agreeing to promote the scheduled extension of the 24 per cent portion of the reciprocal tariff that the US has suspended, as well as China's retaliatory measures, and will continue to communicate to stabilise bilateral...
Constellium SE delivered a mixed financial performance for the second quarter and first half of 2025, as solid revenue growth was overshadowed by steep declines in profitability, margins, and cash flow. Image Source: constellium.com Constellium’s Q2 2025 revenue rose 10.5 per cent year-over-year to USD 2.1 billion, supported by favourable pricing, currency effects, and modest volume gains. Shipments increased 1.6 per cent to 384 thousand metric tons, driven mainly by strong performance in the Packaging & Automotive Rolled Products (P&ARP) segment. However, profitability deteriorated sharply. Net income fell 53.2 per cent to USD 36 million, and adjusted EBITDA dropped 37.3 per cent to USD 146 million, largely due to a significant swing in metal price lag, which shifted from a USD 45...
AL Circle has announced the second edition of "Aluminium and Other Base Metals : Understanding Risk Management and Hedging," scheduled to commence from August 26 to September 18, 2025. The live online programme spans over four weeks with two sessions each week. Special pricing options are available for both individual participants and groups, with exclusive discounts offered for group registrations. Who will be benefiting from this programme? This programme is designed for beginners in the trading market. The topics will cover the fundamentals of commodity trading, types of market risk, practical hedging techniques and proven trading strategies. This course offers tailored benefits across key domains: - Aids the sales & marketing professionals to gain tools for effective customer accounts...
Amcor Flexibles Rorschach in Switzerland has once again secured re-certification under the Aluminium Stewardship Initiative’s (ASI) Performance Standard V3.1, reaffirming its leadership in responsible aluminium packaging. As of July 29 2025, ASI confirmed that the Rorschach facility met all requirements under the updated 2022 Standard, successfully transitioning its certification since the June 2023 deadline for re-certifications. Image source: https://aluminium-stewardship.org/ The ASI re-certification is a milestone, reflecting rigorous independent evaluation. ASI Performance Standard V3.1, introduced in mid-2023, builds upon the foundational V3 (2022) by embedding a stronger emphasis across 11 principles and 62 criteria spanning environmental stewardship, social responsibility,...
Asian Energy Services Limited (AESL), one of India's energy and mining services companies, has received an integrated service order of INR 865 crore (USD 104 million) from Vedanta Limited. With a duration longer than 57 months, this contract aims to provide integrated services primarily specialising in upstream oil and gas infrastructure services across its operational blocks, with a focus on Rajasthan, among India's other hydrocarbon regions. A strategic move amid India’s energy goals The agreement fits with India’s broader energy strategy, which is to reduce crude oil imports by 10 per cent and promote domestic hydrocarbon output. As part of that intent, companies such as Vedanta are increasingly investing in brownfield optimisation, integrated field management and O&M (Operations &...
On Tuesday, July 29, both LME aluminium cash bid price and LME aluminium official settlement price witnessed a significant decline of USD 25 per tonne or 0.94 per cent and USD 23.5 per tonne or 0.89 per cent. The prices closed at USD 2,607 per tonne and USD 2,609 per tonne from USD 2,632 per tonne and USD 2,632.5 per tonne. Image Source: London Metal Exchange As per the LME price graph, 3-month bid price and 3-month offer price also declined by USD 24.5 per tonne or 0.93 per cent and USD 24 per tonne or 0.91 per cent to halt at USD 2,607 per tonne and USD 2,608 per tonne. December 26 bid price and December 26 offer price lost USD 13 per tonne or 0.48 per cent to clock at USD 2,652 per tonne and USD 2,657 per tonne. LME aluminium 3-month Asian Reference Price dropped by USD 26 per tonne or...
Hydro Aluminium has placed an order for a batch homogenisation plant to enhance operations at its recycling facility in Spain, marking another strategic advancement in the global aluminium recycling sector. The plant will be supplied by Hertwich Engineering, a company known for its expertise in energy-efficient and environmentally sustainable technologies. Image source: hertwich.com The scope of supply includes three batch homogenisation furnaces, two integrated cooling chambers, a billet saw, an ultrasonic testing station and a packing station. The addition of these homogenisation furnaces, supported by an optional step cooling system, will enable Hydro to manage frequent temperature fluctuations within its recycling operations efficiently. Gerold Keune, managing director of Hertwich,...
In a landmark move aligning economic ambition with climate strategy, China has commenced construction on the colossal Yarlung Zangbo Hydropower Project worth USD 168 million in Tibet. A massive clean energy initiative, this project is expected to reshape regional energy flows and significantly impact the aluminium industry by shouldering power supply responsibility with Yunnan. Powering a nation and its aluminium sector In Nyingchi, Premier Li Qiang announced the "project of the century", highlighting its strategic relevance for the nation. The five-dam complex along the Yarlung Zangbo River is expected to generate 300 terawatt hours (TWh) of power annually by 2035, which is greater than the UK's annual power consumption at present. The scope of this project, with a total estimated cost...
Molson Coors Beverage Company rang in Q1 2025 on a challenging note, reminding investors and beverage lovers alike that even a brewing giant can feel the chill when global headwinds hit hard. In its first-quarter earnings release (Q1 2025), the company reported an 11.3 per cent decline in net sales, down to USD 2,304.1 billion from USD 2,596.4 billion, along with a significant drop in volumes. Financial and brand volumes both saw steep declines of 14.3 per cent and 8 per cent respectively, primarily due to reduced shipments and a deliberate scale down of contract brewing across the US and Canada. Gavin Hattersley, President and Chief Executive Officer, said, "The macroeconomic environment and its broad effects on the beer industry and consumer, as well as competitive pressures in EMEA and...
Recycling is one of the easiest ways to do right by the planet, but doing it correctly takes more than tossing old metal into the bin and calling it a day. While most of us know we should recycle, the how of it often gets murky. Image credit: www.justdial.com Rinsing out aluminium cans, cleaning up old cookware and removing non‑metal parts from small appliances is the tip. And if you're still crushing your cans flat before tossing them? Don’t. Experts say that this can mess with sorting machines that rely on shape to ID and direct materials to the right place. The bottom line is that steel and aluminium can be recycled endlessly without degrading, so it’s worth doing right. Why shaping matters & recycling rates you should know Global aluminium recycling efficiency remains at 76 per cent,...
Pop in the capsule, press a button, and your coffee's ready, a quick, clean, and convenient process. But behind that ease lies an environmental challenge. In Austria, even with a dedicated collection system for used coffee capsules, only about 30 per cent make it to recycling. Because a high amount of leftover coffee grounds is compared to the aluminium packaging, this complicates the melting process in smelters and makes recycling both technically and economically difficult. To tackle this, a team at the Chair of Nonferrous Metallurgy at Montanuniversität Leoben (Technical University of Leoben), in collaboration with industry partners, is working on an innovative treatment process. Their goal is to recover aluminium from used capsules and turn it into a new material, helping close the...
As the clock ticks toward an August 1 trade deadline, Ontario Premier Doug Ford is pressuring the federal government to respond decisively to escalating US tariffs. Ford has urged Ottawa to impose matching 50 per cent tariffs on American steel and aluminium, should talks fail to produce a new bilateral deal. Speaking at Queen’s Park on Monday, Ford said, “We are working on Aug 1 and we will see what comes from that. But I have always taken the approach dollar-for-dollar and tariff-for-tariff. If he (Trump) wants to attack our hardworking steel workers and aluminium workers, then we have to meet that 50 per cent tariff.” His comments come in response to US President Donald Trump’s threat of an additional 35 per cent tariff on a wider list of Canadian goods, a move that would add to the...
At a time when the whole world is experiencing inflation, tariff changes and shifting consumer behaviours, Heineken N.V. stands out as an example of operational resilience and foresight. The Dutch brewing company has been operating in a challenging environment with increasing US tariffs on aluminium and steel packaged goods (including beer). However, the company continues to outperform its competitors, demonstrating that strategic dexterity and sustainability measures can effectively address persistent challenges in the beverage industry. Localised production: a smart tariff shield Heineken's minimal use of cross-border beer exports is key to its insulation from the US tariff storm. The company brews nearly 95 per cent of its beer in the same region where it is consumed. In the US, only...
China's green electricity market reached a milestone in Q1 2025, with nearly 2 trillion green electricity certificates (GECs) traded - roughly one-third of total historical volume. In April, the National Development and Reform Commission (NDRC), alongside other ministries, announced plans to expand mandatory green power consumption to a broader set of energy-intensive sectors. The petrochemical and chemical industries are now expected to accelerate their transition to green power, with a target to meet or surpass the national average share of green power in total electricity consumption (40 per cent) by 2030. Policy focus: expanding binding green power requirements Target sectors: Petrochemicals, chemicals, steel, non-ferrous metals, building materials, and data centers (in 2024, only the...
The Indian metal sector has experienced notable fluctuations in stock performance over recent weeks, with key players like NALCO, Vedanta Aluminium and Hindalco showing mixed trends across different timeframes. A closer look at their stock price movements reveals underlying market sentiments and evolving dynamics within the sector. Week-on-week analysis When the market opened on July 22, 2025, NALCO's stock was priced at INR 196.47 (USD 2.35) and closed marginally lower at INR 196.45 (USD 2.35), indicating stable performance. However, by July 25, the stock touched a high of INR 199.35 (USD 2.39) before retreating to close at INR 193.50 (USD 2.31), marking a 2.93 per cent decline. The downward trend continued and as the market closed on July 28, the share price had further declined to INR...
In a bold move to align with global green transit practices, Kolkata Metro, one of India’s oldest metro networks, is transforming significantly to enhance its services, overall efficiency and is also stepping into a cleaner, more efficient future. As per the latest news, Kolkata Metro’s ambitious third rail upgrade marked a significant milestone over the weekend, with a critical section of the Blue Line successfully modernised in Phase I of the project . The replacement of the traditional steel third rail with a high-conductivity aluminium rail was carried out on the Down Line between Shyambazar and Mahanayak Uttam Kumar, and on the Up Line from Shyambazar to Park Street . The latest installation was executed on Saturday night in the Main Line segment near Mahanayak Uttam Kumar station....
