Chevron Australia has entered a new natural gas supply agreement with South32’s Worsley Alumina business, reinforcing the importance of reliable energy supplies to Australia’s alumina refining industry. The deal will support operations at the Western Australian facility, where energy availability remains central to mineral processing and industrial activity. Under the contract, Chevron will supply natural gas to South32 Worsley Alumina Pty Ltd from 1 January 2028. The arrangement continues a longstanding commercial relationship between the companies, with the fuel allocated to the alumina producer’s processing requirements. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade...
Mexico’s aluminum industry is looking to capitalize on rising demand from artificial intelligence (AI) infrastructure, electric mobility, automotive manufacturing, and aerospace. Expanding technology investments and international market opportunities are expected to support sales growth, while the country’s reliance on imported aluminum highlights the importance of strengthening domestic processing capabilities. Ramón Beltrán, president of Mexico’s National Chamber of the Aluminum Industry (Canalum), expects the country’s domestic and international aluminum sales to gain momentum in 2026, supported by demand from advanced technology applications and established manufacturing sectors. “We expect to close out this year with growth of between 7.5% and 7.8% in domestic and international...
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Emirates Global Aluminium (EGA), the world’s largest producer of premium aluminium, depends on uninterrupted plant operations to maintain around-the-clock metal production. To enhance operational efficiency and safeguard continuous performance, EGA implemented a hybrid cloud strategy powered by Azure Arc. Azure, a Microsoft product acts as a bridge, extending the Azure platform to enable seamless application and service development across data centres, edge locations, and multi-cloud environments. It empowers to build cloud-native solutions with a unified approach to development, operations, and security, ensuring consistency wherever your workloads run. As per the report published by Microsoft, by leveraging a hybrid infrastructure managed by Azure Arc, EGA seamlessly integrated its...
Hydro Energi AS has entered into a long-term power purchase agreement (PPA) with NTE, securing a total delivery of 660 GWh of electricity from 2027 to 2029. This agreement will contribute to Hydro Energi's overall power portfolio, which includes 9.4 TWh of annual captive power production and a long-term contract portfolio of approximately 10 TWh. Image Source: Hydro website The contract is set to run from January 1, 2027, to December 31, 2029, with deliveries in the NO3 price area. As a key player in the Nordic power market, Hydro Energi is responsible for sourcing renewable electricity to support Hydro's aluminium production. Access to renewable energy is crucial for producing low-carbon aluminium in Norway, resulting in a carbon footprint around 75 per cent lower than the global...
It’s a tale of two markets, wherein aluminium alloy ingot prices in China are stuck in the mud owing to downsized demand, and the US is witnessing an explosive spike, fuelled by tariffs and supply strains. Let’s break down what’s happening on the opposite sides of the globe. China is stuck in a demand drought In late February 2025, aluminium alloy ingot prices in China dipped by 0.4 per cent, dragged down by one relentless factor — weak demand. Market participants report that even though work has resumed across upstream and downstream sectors, overall demand remains painfully soft. The result? A glut in supply coupled with meek demand from across the nation’s businesses ultimately kept the prices firmly range-bound. According to Shanghai Metals Market data, On February 18, secondary...
Zeolites, crystalline materials essential to the petrochemical industry, play a crucial role as catalysts in producing fine chemicals. Aluminium atoms within the zeolite framework create active sites that drive these catalytic reactions. Researchers at The Hong Kong Polytechnic University (PolyU) have pinpointed the precise location of aluminium atoms in the zeolite structure. This breakthrough could enable the design of more efficient and durable catalysts. This advancement has the potential to: enhance petrochemical production, improve renewable energy storage, aid in air pollution control, expanding the applications of zeolites across various industries The team's findings have been published in the journal Science. The research was led by : Shik Chi Edman Tsang (Chair Professor of...
According to the International Aluminium Institute (IAI) survey, the world alumina production (including chemical-grade alumina) in January 2025 showed a slight month-on-month decline, totalling 12.83 million tonnes versus 12.852 million tonnes in December 2024. Probing into the output A closer look at the monthly alumina production reveals that metallurgical-grade alumina output remained stable at 12.111 million tonnes in January 2025, compared to 12.116 million tonnes in December 2024. Chemical-grade alumina production, on the other hand, registered a 2.31 per cent fall M-o-M from 736,000 tonnes to 719,000 tonnes, leading to a downfall of overall alumina production in January.The world’s daily average metallurgical-grade alumina production in January 2025 was 390,700 tonnes, compared to...
A major fire broke out at an aluminium items manufacturing unit in Ramreddy Nagar, located in the industrial area of Jeedimetla, on Friday. Fortunately, no casualties were reported, and the cause of the fire remains under investigation, according to police reports. Workers at the facility noticed the flames and quickly evacuated to safety, while local residents promptly alerted the fire department and police. The blaze intensified when plastic drums filled with crude oil and chemicals caught fire, producing thick, dark smoke and accelerating the spread of the flames throughout the unit. With the support of three fire engines, firefighters worked alongside police officials to extinguish the blaze, successfully bringing it under control within approximately two hours. Local residents...
In a period defined by high-stakes trade battles and international power plays, few episodes have captured as much attention as the Trump administration’s sudden decision to postpone tariffs on Canada and Mexico. With a punchy mix of economic strategy and geopolitical manoeuvring, this move has been dissected from every angle—from trade negotiations to resource security and even to controversial diplomatic meetings with Ukraine. In a clear-cut policy shift, the Trump administration announced that the planned tariffs on key imports from Canada and Mexico, tariffs initially slated to hit the markets with full force, would be delayed. Official statements at the time emphasised that this postponement was meant to provide room for further trade negotiations and to secure better terms for US...
Tata Power shares surged by 3 per cent in early trading on Monday, hitting an intraday high of INR 361.85 on the BSE. The rise followed an announcement that its subsidiary, Tata Power Renewable Energy Ltd (TPREL), had signed a Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop renewable energy projects worth INR 49,000 crore ($ 5.6 billion). Image Source: TPREL page on Twitter Under the agreement, TPREL and the state government will collaborate to explore opportunities for establishing up to 7,000 MW of renewable energy capacity, including solar, wind, and hybrid projects, with or without storage solutions. Last month, Tata Power signed a Memorandum of Understanding (MoU) with the Assam government during Advantage Assam 2.0 to develop up to 5,000 MW of...
This week has been highly eventful for the upstream aluminium industry, both for the bauxite and the primary aluminium sector. To begin with, Guinean Prime Minister Amadou Oury Bah announced that the country will restore constitutional rule in 2025, according to global media reports. He added that legislative and presidential elections are scheduled to follow a constitutional referendum within a reasonable timeframe. Indonesia has launched a new sovereign wealth fund, Daya 'Anagata Nusantara' (Danantara), with an initial commitment of US$20 billion. A major global aluminium producer has requested a premium of USD 260 per tonne from Japanese buyers for primary metal shipments in April–June (Q2), marking a 14 per cent increase from the current quarter (Q1, 2025). To know more about what...
The US Department of Commerce has reportedly determined the excessive imports of disposable aluminium containers, pans, trays, and lids from China sold at unfairly low prices in the US market. As a result, the department has set final anti-dumping duties ranging from 193.90 per cent to 287.80 per cent, along with countervailing duties of 317.85 per cent. This decisive action, backed by the Aluminum Foil Container Manufacturers Association (AFCMA), will be applicable to imports entering the US 90 days before the preliminary rulings, addressing a significant rise in Chinese imports. The findings of insurmountable volumes of imports stemmed from an investigation after petitions being filed by AFCMA and some of its members for seeking relief. Further investigations will take place by the US...
The soaring price premiums for aluminium on the physical market in the United States are believed to benefit Novelis, the US subsidiary of Mr Kumar Mangalam Birla-led Hindalco Industries. A Reuters report on March 5 highlighted that aluminium premium prices in the US physical market surged to a record high of $900 per tonne, up nearly 60 per cent since the start of 2025, on the account of looming threats of 25 per cent tariffs on aluminium and steel imports by the Trump administration. This increase in the so-called Midwest premium over the LME prices is set to boost Novelis' bottom line. Utsav Verma, Head of Research - Institutional Equities, Choice Broking also confirmed that the immediate impact of aluminum tariffs by the US could be positive for Novelis, as the spike in US aluminium...
Tensions ran high on Thursday as a public hearing for the proposed Balada bauxite mining project in Nandapur block witnessed strong opposition from local villagers. The meeting, orchestrated by the Odisha State Pollution Control Board (OSPCB) in line with Ministry of Forest and Environment guidelines, aimed to gather feedback on the environmental impact of the project. But, the villagers’ message was loud and clear: No to mining. Image for referential purposes only The hearing, which was presided over by Additional District Magistrate Alomani Sethi and OSPCB Regional Officer Dipesh Biswal, drew participation from residents of five panchayats — Balda, Bheja, Kulwbir, Atanda, and Badel, representing 30 villages. However, the crowd was less interested in negotiations and more focused on...
Diamond Power Infrastructure, known for manufacturing aluminium conductors and other power transmission equipment has launched a commercial production at its inaugural rod mill, which is dedicated to manufacturing next-generation AL 59 wire rods. The company is also advancing a Green Field project that will house three-rod mills, collectively capable of processing 250 MT per day or 7,500 MT per month. With an estimated investment of INR 550 million, the initiative is set to produce high-performance aluminium-based alloys tailored for efficient power transmission. Currently, the company operates its own rod mill with a monthly capacity of 1,200 MT. AL 59 wire rods are aluminium alloy wire rods made primarily from high-purity aluminium with magnesium additives. Known for their excellent...
Ghana Integrated Aluminium Development Corporation (GIADEC) is striving to become a leading contributor to the country's economic development under the leadership of its newly appointed acting Chief Executive Officer (CEO), Mr Reindorf Twumasi Ankrah. Image source: LinkedIn (GIADEC) Mr Twumasi Ankrah, GIADEC's new CEO and a distinguished lawyer with extensive experience across multiple legal domains, is prepared to embrace a new challenge to add further value to the work of his predecessor and position GIADEC as a leading force for national advancement by supporting and advancing the indigenous aluminium value chain – the vision with which an act of Parliament established GIADEC. Mr Ankrah addressed the staff durbar this week, meant to welcome the new CEO of the Corporation, by sharing...
LS Cable and LS Eco Energy are set to supply medium-voltage (MV) aluminium power cables to the U.S. market for the first time, strengthening their presence in the region. On the 6th, the companies announced a $25 million (approximately 36.3 billion won) deal to provide 35kV aluminium cables to U.S. solar EPC (Engineering, Procurement, and Construction) firms. These cables will be used to build power grids for solar plants across states like California, New Jersey, and Indiana. Designed for durability and reliable high-voltage transmission, they perform steadily even in extreme conditions, including high temperatures, heavy rainfall, and dust. An official of the company said, "The cable affiliates such as LS Cable and LS Eco-Energy, as well as heating wire, do not use Chinese aluminium and...
Amid a turbulent market and a rapidly shifting energy landscape, BP (formerly known as British Petroleum) has embarked on a bold strategic pivot that has sent ripples through both the financial and environmental communities. Image for referential purposes only The incident, which caught the eyeballs of climate activists The London-based energy giant, once celebrated for its progressive green ambitions, has decided to reallocate its focus back to its historically profitable oil and gas production. This dramatic turnaround, revealed in the company’s “Reset BP” announcement, comes on the heels of a year marked by staggering share price declines and the desperate hope of reviving investor confidence through increased earnings and boosted shareholder returns. In a move that has sparked fierce...
Minim Martap Bauxite Project-owned Canyon Resources Limited has announced that the Board of CAMRAIL SA has approved Total Energies Marketing Cameroun SA and Société d’Exploitation des Bois du Cameroun, to enter into two share sale agreements with its wholly owned subsidiary, Camalco Cameroon SA. Upon completing the transactions, Camalco will acquire a strategic 9.1 per cent stake in CAMRAIL and secure a position on its Board. Camalco has successfully acquired a 3.8 per cent equity stake in Camrail from SEBC for an upfront cash payment of XAF 575,700,000 (approximately A$1.4 million). This unconditional acquisition was completed on February 28, 2025. Additionally, Camalco is set to acquire a further 5.3 per cent equity stake in Camrail from Total Cameroon for XAF 812,850,000 (approximately...
After hitting a 52-week low on Monday , March 3, Maan Aluminium's share price surged by approximately 5 per cent in a single day, reaching INR 98.93 on Thursday, March 6. This increase also marked a 16.12 per cent gain compared to the price of INR 85.2 on March 3. Image source: Maan Aluminium The boost in share price followed the company's announcement regarding its acquisition of land in Devas, Madhya Pradesh, to expand aluminium extrusion manufacturing operations. In a regulatory filing, Maan Aluminium revealed that the land would be used for the expansion of its aluminium extrusion business and the addition of value-added services. Maan Aluminium has reportedly acquired a building along with 13,117 square metres of leasehold land located at 81A and 82C, Devas Industrial Area, M B Road,...
