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 leading Chinese aluminium manufacturing group is considering a USD 2 billion investment in Egypt that could create more than 3,000 jobs and support the development of a clean-energy-based industrial complex in the Suez Canal Economic Zone. The proposed project was discussed by Egyptian Deputy Prime Minister for Economic Affairs Hussein Eissa and a senior delegation from the Chinese aluminium group, as Egypt seeks to attract investment that can strengthen its industrial and manufacturing base. The planned complex is expected to rely on clean energy sources, aligning with the growing focus on more sustainable manufacturing. Egyptian authorities also highlighted the project's potential to bring modern technologies and expertise into the country. Join the webinar by Alberto Monje Gama to...
Voltalia has reached an agreement with the International Finance Corporation (IFC) for a proposed investment of up to EUR 120 million (USD 140.3 million) in shares of its subsidiary, Voltalia Management International B.V. The collaboration has materialised as the renewable energy company seeks to accelerate its solar power and battery energy storage system (BESS) expansion through 2028. EUR 120 million investment planned in two tranches The proposed long-term investment would be provided in two stages, beginning with an initial EUR 75 million (USD 87.68 million), followed by up to EUR 45 million (USD 52.6 million). The amount and timing of the second tranche would depend on Voltalia’s funding needs and business performance. The proceeds would be dedicated to projects that meet eligibility...
On July 31, 2026, the European Commission published Implementing Regulation (EU) 2026/1740, correcting a number of default values, production-route indicators and product-code entries under the Carbon Border Adjustment Mechanism (CBAM). The corrections apply retroactively from January 1, 2026, meaning affected importers may need to revisit calculations already made for 2026 transactions. For the aluminium sector, the latest correction does not materially change the main country-specific default values for CN 7601 unwrought aluminium. The more significant numerical revisions are instead concentrated in selected downstream aluminium products and precursor values, particularly under CN 7616. For Tunisia, several aluminium entries were corrected following erroneous CN-code assignments in the...
NALCO is advancing pilot projects in Odisha to turn industrial residues into valuable resources, including rare earth elements, alumina, iron and titanium, strengthening India's push for critical mineral recovery and a circular economy. National Aluminium Company Limited (NALCO) is expanding its research into ways of converting industrial waste into useful resources, with a new pilot project focused on bauxite residue, or red mud, and another facility already operating for coal fly ash. The initiatives are being developed through collaborations with national research institutions and aim to test indigenous technologies that could eventually offer commercially viable ways of recovering valuable materials from industrial residues. Red mud pilot targets rare earths and metals The latest...
Aluminium extrusion is entering a new phase of structural growth, shaped by electrification, renewable energy, digital infrastructure, lightweighting and more sustainable material solutions. Global aluminium extrusion usage was estimated at 34.27 million tonnes in 2024 and is projected to reach 44.22 million tonnes by 2035, representing a CAGR of 2.29 per cent. But the bigger question is where incremental demand will come from, which applications will drive it and where the greatest opportunities will emerge. Over the next decade, major extrusion demand is expected from EVs and lightweight mobility, solar and renewable energy infrastructure, electrical networks, data centres, AI infrastructure, industrial automation and advanced manufacturing. Meanwhile, China remains the largest source...
What does it take to make an aluminium beverage can more sustainable? The answer is no longer limited to what happens on the production line. For Crown Holdings, it starts with the aluminium entering the plant, continues through energy and water use during manufacturing and extends to what happens to the can after it is used. That wider picture runs through Crown’s 2025 Sustainability Report. As the company reaches the midpoint of its Twentyby30™ programme, the report brings together its progress on emissions, renewable energy, recycled aluminium, lightweighting, water, waste and responsible sourcing, while setting out the next stage of its sustainability ambitions. For the aluminium industry, perhaps the most significant part is the growing focus on the material itself - from increasing...
The US Department of Energy and Alcoa are teaming up on a pilot project in Saline County, Arkansas, to recover critical minerals from mining waste left behind by earlier bauxite operations. The project is part of USD 162 million in DOE selections for nine private-sector projects aimed at recovering critical minerals and other valuable materials from industrial and mining byproducts. Alcoa has not mined bauxite in the area for decades. However, the company says residue from earlier mining operations may contain rare earth elements and other critical minerals that have been difficult to recover. Alcoa plans to test a microwave-based technology developed to extract these materials from the existing residue. DOE Assistant Secretary Audrey Robertson said, “We think their technology can unlock...
As India rapidly expands renewable energy and electrification to meet its growing energy needs, Vedanta Group is strengthening its position across the energy transition — both as a supplier of the critical materials needed to build the new energy economy and how those materials are produced sustainably. India has set an ambitious target of 500 GW of non-fossil fuel-based power capacity by 2030, alongside its broader ambition of meeting 50 per cent of its energy requirements from renewable sources and achieving net-zero emissions by 2070. This expansion will require significant investments in renewable generation, transmission, power grids, storage and electrification and technology — driving long-term demand for the metals and minerals that underpin this infrastructure. Vedanta's...
Prior to the roll-out of extended producer responsibility for packaging (pEPR), the UK’s approach to capturing, recording and reporting recycling data had remained consistent for years. You had a denominator (market size) and a numerator (number of Packaging Recovery Notes [PRN/PERNs] issued), which provided a simple route to calculate the amount of material recycled against the total volume produced. Although many would argue, myself included, that this approach was far from perfect, it provided clarity and uniformity for businesses and producers. Year after year, the industry used this system to analyse performance, track fluctuating tonnages and understand the short, medium and long-term impact of changing market dynamics. However, with the UK packaging supply chain currently...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,655 per tonne in the night session on August 19, hit a high of RMB 23,720 per tonne, a low of RMB 23,630 per tonne, and closed at RMB 23,685 per tonne, up 0.04 per cent from the previous close. After the sharp decline, futures consolidated at lows, with prices trading below the short-term moving averages MA5, MA10, and MA20, and tested the support around MA60 on the downside. Trading volume during the session contracted somewhat, while open interest edged up, with bulls adding positions at the lows to contest the downside support. Technically, the 4-hour MACD death cross continued, with the green histogram bars remaining at high levels and bearish momentum not yet fully fading. On August 19, LME aluminium opened at USD...
According to calculations by the Mysteel Aluminium Research Team, the weighted average full production cost for China's aluminium sector stood at RMB 15,760 per tonne in July 2026, up RMB 66 per tonne month-on-month. The Mysteel spot aluminium ingot average price for the same period was RMB 23,099 per tonne, resulting in a theoretical industry profit of RMB 7,339 per tonne, down RMB 738 per tonne M-o-M. Overall, falling aluminium prices coupled with a slight rise in costs led to a contraction in industry profit margins. Power costs edge lower In July 2026, the weighted average electricity cost for China's aluminium industry was approximately RMB 0.386 per kWh, down RMB 0.02 per kWh M-o-M. The breakdown shows a slight increase in self-generated power costs, offset by a notable decline in...
LME aluminium prices declined on August 19 compared with the previous trading day, while exchange stocks remained unchanged. The LME aluminium cash bid price stood at USD 3,191 per tonne on August 19, down from USD 3,218.5 per tonne on August 18, marking a decline of USD 27.5 per tonne, or 0.85 per cent. The cash offer price fell to USD 3,191.5 per tonne from USD 3,219 per tonne, down USD 27.5 per tonne, or 0.85 per cent. The LME aluminium 3-month bid price declined to USD 3,211 per tonne on August 19 from USD 3,232 per tonne on August 18, a decrease of USD 21 per tonne, or 0.65 per cent. The 3-month offer price fell to USD 3,212 per tonne from USD 3,234 per tonne, down USD 22 per tonne, or 0.68 per cent. For December 27, the bid price stood at USD 3,145 per tonne on August 19, compared...
Chuangxin Industries reported a sharp improvement in its first-half (H1) 2026 earnings, supported by higher aluminium prices, lower production costs and reduced finance costs. Revenue reached RMB 11.53 billion (USD 1.7 billion), while profit attributable to the company's owners rose to RMB 2.30 billion (USD 342 million), up about 166 per cent year on year. The company said the stronger market was supported by rising demand from areas including artificial intelligence infrastructure, electric vehicles (EV) and renewable energy. In contrast, geopolitical tensions and higher energy costs continued to affect the aluminium market. A major part of Chuangxin's strategy is its integrated aluminium production chain, covering energy, alumina refining and electrolytic aluminium smelting. The company...
Impact Minerals Limited has announced a renounceable rights issue to raise up to approximately AUD 4.1 million (USD 2.9 million) before costs, as the company continues to develop its High Purity Alumina (HPA) opportunities. Under the offer, eligible shareholders will be entitled to subscribe for one new share for every four shares held at AUD 0.032 per share. For every three new shares subscribed for, shareholders will receive two free attaching new options, each with an exercise price of AUD 0.06 and an expiry of 2.5 years from the date of issue. The company will apply for quotation of the new shares and options on the ASX. HPA remains a key focus for Impact Minerals, which describes the material as a critical mineral with strong global demand. The company’s Lake Hope resource provides a...
US-based surface science technology platform Talica has acquired Minneapolis-area company Hard Anodize. The move would help Talica expand its precision aluminium anodising and specialised surface treatment capabilities for the aerospace, defence, medical device and high-performance manufacturing sectors. Financial terms of the transaction are yet to be disclosed. Hard Anodize adds specialised aluminium finishing expertise With more than 30 years of experience, Hard Anodize provides technical metal finishing services for mission-critical components where precision, quality and performance are critical. The company operates under an AS9100-certified quality management system and ISO 9001 certification, while also holding NADCAP process approvals for commercial aerospace and defence...
Ducon Infratechnologies has secured an end-to-end contract to supply and service a Forced Cooling Network system for the potlines of one of India’s largest single aluminium smelter plants. The order covers manufacturing, testing, packaging, transportation, installation, commissioning and performance proving, as well as specialised technical support during execution. The company did not disclose the contract’s financial value, so its immediate contribution to Ducon’s revenue, margins and earnings cannot yet be assessed. Full-scope industrial contract Under the agreement, Ducon will manage the FCN system’s delivery across the project lifecycle, from manufacturing and testing through transport, installation and commissioning. The company will also provide technical personnel during the...
Today, the centre of SHFE aluminium futures fell from the previous trading day, market shipment sentiment was relatively pronounced, and overall spot aluminium transactions shifted to discounts. Today, market transactions for A00 aluminium ingot premiums were between a discount of RMB 40 per tonne and parity. Today, the east China market shipment sentiment index was 3.2, up 0.05 M-o-M; the procurement sentiment index was 3.15, down 0.25 M-o-M. Today, the overall trading atmosphere in the central China market remained at yesterday's level. The monthly average price met market trading expectations, somewhat boosting traders' enthusiasm for shipments, but downstream processing enterprises' procurement sentiment consistently remained at the previous day's level. Ultimately, the actual...
The United States is emerging as one of the most important markets for aluminium extrusions , with demand spread across transportation, building and construction, electrical and electronics, machinery and equipment, consumer durables and other industrial applications. IMARC estimates that the US aluminium extrusion market reached 3.0 million tonnes in 2025 and projects it to reach 4.2 million tonnes by 2034, representing a CAGR of 3.71 per cent between 2026 and 2034. Transportation and building & construction dominate North American aluminium extrusion demand, together accounting for around 65 per cent of total usage. In 2024, transportation was estimated to represent 33 per cent of North American aluminium extrusion consumption, followed by building & construction at 32 per cent ....
