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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The centre of the SHFE aluminium 2609 contract futures moved lower today compared with the same period yesterday. Continued arrivals in east China fuelled active selling sentiment, making it difficult for spot discounts in the region to narrow significantly. Today, spot premiums for A00 aluminium ingot were transacted at discounts of RMB 40 per tonne to parity. SHFE aluminium futures pulled back, but trading sentiment in the central China market remained sluggish. With the deepening off-season, buying sentiment among downstream processing enterprises stayed low. Against the backdrop of falling aluminium prices, suppliers showed a strong willingness to hold prices firm, but overall trading volume was low. Ultimately, the actual transaction price range in the central China market centred...
The first half (H1) of 2026 witnessed a significant slide of nearly 2 per cent in Canada’s export chart of aluminium products. As of H1 2026, Canada’s exports of all aluminium product categories , viz., unwrought, bars, rods and profiles, foil, pipes and tubes, plates, sheets and strips, tube or pipe fittings, and wire, stood at 2.68 million tonnes. Comparing the H1 2026 trade volume with that over the past two years, the year-on-year gap appears to have widened: H1 2026 vs 2025 – 2.68 million tonnes vs 2.73 million tonnes, down 1.86 per cent Y-o-Y H1 2025 vs 2025 – 2.73 million tonnes vs 2.77 million tonnes, down 1.48 per cent Y-o-Y Comparing the annual export volumes, 2025 saw exports of 4.82 million tonnes, marking a Y-o-Y decline of 11.3 per cent from the export volume of 5.42 million...
Canyon Resources has requested a voluntary trading halt in its securities on the Australian Securities Exchange as it prepares an update on the development schedule and funding position of its Minim Martap Bauxite Project in Cameroon. The halt will remain in place until the planned announcement is released or normal trading resumes on August 20, 2026. The move indicates that Canyon expects to disclose information that may be material to investors, particularly regarding the timing of mining and the project’s first bauxite shipment. Investors await schedule clarity The upcoming announcement will be closely watched because Canyon’s project timeline has changed during 2026. In June, the company said mining was scheduled to begin in the third quarter of 2026, while the first bauxite shipment...
CMR NLM Eco Aluminium’s Continuum™ combines advanced recycling, process control and high post-consumer recycled content to deliver a new generation of high-performance aluminium billets for extrusion applications. Aluminium is central to the transition towards a more electrified and resource-efficient economy. Its low weight, durability and recyclability make it increasingly important across automotive, electric mobility, renewable energy, construction and industrial applications. As demand for aluminium continues to grow, recycling is becoming an increasingly important source of material for new applications. Advances in scrap recovery, sorting, alloy management and billet manufacturing are enabling higher levels of post-consumer aluminium to be incorporated into products while...
IREL (India) Ltd has invited entrepreneurs, startups and industries to commercialise seven technologies developed in India for the rare-earth and titanium sectors, as the country looks to solidify its critical-minerals value chain by improving its domestic capacity. The technologies were developed and demonstrated at IREL's Rare Earth & Titanium Theme Park (RETTP) in Bhopal, which was inaugurated on May 10. This is the first time IREL has offered technologies for commercialisation on such a scale. The package consists of technologies for producing lanthanum and cerium, which are used in batteries, catalysts and glass polishing. It also includes technology for producing neodymium, an important material for permanent magnets, as well as recovering neodymium-praseodymium (NdPr) from...
The United States exported about 1.25 million tonnes of aluminium-bearing scrap in the first half of 2026, up 21 per cent from 1.03 million tonnes during the same period last year. The figures, based on US Census Bureau data cited by Davis Index, show that more recycled aluminium is leaving the country even as domestic producers and policymakers debate whether the material should be retained to support US supply chains. Thailand and India lead purchases Thailand was the largest destination for US aluminium scrap in the first six months of 2026, receiving 268,000 tonnes. India followed with 233,350 tonnes, while Malaysia, South Korea and Hong Kong rounded out the top five destinations with 160,700 tonnes, 139,500 tonnes and 136,200 tonnes respectively. All five markets increased their...
The Indian government is moving to allow bauxite and other major minerals to be traded on an exchange, in a move aimed at making mineral trading more transparent and improving price discovery. The exchange is likely to become operational by the next financial year, with the initial list expected to include iron ore, bauxite, limestone and manganese. The Ministry of Mines has notified rules for setting up the exchange and appointed the Indian Bureau of Mines (IBM) as the nodal agency and regulator. The IBM will invite applications from companies seeking to set up and operate the exchange. For bauxite producers and traders, the proposed exchange could provide a more structured mechanism for price discovery and transactions. According to government officials, the platform is also expected to...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,895 per tonne in the night session of August 18, reached a high of RMB 23,895 per tonne and a low of RMB 23,725 per tonne, and closed at RMB 23,750 per tonne, down 0.86 per cent from the previous close. Futures broke below the short-term MA5, MA10, and MA20 moving averages, testing support at MA60 (23,724.84), with several short-term moving averages turning into resistance. Trading volume expanded during the session, while open interest increased simultaneously, with bears adding positions markedly. On the technical front, the 4-hour MACD death cross persisted, with green bars continuing to widen, giving short-term momentum an advantage for bears. On August 18, LME aluminium opened at USD 3,262.0 per tonne, reached a high...
The London Metal Exchange (LME) aluminium price reported major declines of over 1 per cent across the pricing and contract segments on the August 18 close, continuing the trend reported at the August 17 session . The LME aluminium cash bid dropped by 1.6 per cent day-on-day on August 18, down to USD 3,218.5 per tonne from USD 3,271 per tonne. The offer shifted to USD 3,219 per tonne from USD 3,272 per tonne, marking a difference of 1.62 per cent. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook On August 18, the LME aluminium three-month bid and contract prices contracted by 1.16 per cent. As the bid plunged to USD 3,232 per tonne from USD 3,270 per tonne, the offer price...
Recent weeks have witnessed a flurry of spot transactions in the overseas alumina market, with prices exhibiting a broadly upward trajectory. As market participants shift their focus from mere price movements to underlying fundamentals, the sustainability of this rally and its potential impact on Chinese supply-demand dynamics have become central themes. Of particular interest is whether the divergence between firm overseas prices and weakening domestic values can open an export arbitrage window, thereby absorbing excess domestic supply. Near-term overseas alumina market is driven by new and restarted aluminium smelters' restocking, Hormuz-linked logistical bottlenecks, and bagged-alumina premiums, yet with Chinese FOB prices still about USD 30 per tonne above Australian benchmarks, the...
Andromeda Metals has launched a Share Purchase Plan targeting AUD 3 million (USD 1.95 million) to advance its High Purity Alumina Project and support the next stage of commercialisation. Eligible shareholders can apply for new Andromeda shares at AUD 0.0059 (USD 0.0038) each, representing a discount of about 15 per cent to the company’s recent five-day volume-weighted average market price. Applications will close at 5 pm Australian Eastern Standard Time on August 31, 2026. Funds to support HPA development Andromeda said the funds will be used primarily to progress its High Purity Alumina Project, including completion of a pre-feasibility study. The capital will also support co-product evaluation, technical and engineering work, pilot-scale activities, customer engagement and general...
China is importing bauxite at a pace that raises a bigger question for the aluminium market: why are imports still climbing when the country is moving towards a 45-million-tonne primary aluminium production capacity cap? In H1 2026, China imported 121 million tonnes of bauxite, up from 103 million tonnes in H1 2025, a rise of 17.5 per cent. Imports were also well above the 77 million tonnes recorded in H1 2024, after rising 33.8 per cent between H1 2024 and H1 2025. If we see, quarter on quarter, China imported 58 million tonnes in Q1 2026, followed by 63 million tonnes in Q2, an increase of around 8.6 per cent. The quarterly numbers were also significantly higher than in previous years. China imported 47 million tonnes in Q1 and 56 million tonnes in Q2 2025, while imports in 2024 stood...
EUROBOND, the flagship brand of Euro Panel Products Limited, reported revenue from operations of INR 119.8 crore (USD 12.53 million) for the quarter ended June 30, 2026, up 14 per cent from INR 104.84 crore (USD 10.97 million) in the corresponding quarter a year earlier. The company said growth was supported by higher domestic sales and exports of its metal composite panels and architectural cladding products. Export revenue rose 15.78 per cent year on year, while domestic business increased 12.04 per cent. Profit before tax for the quarter stood at INR 6.79 crore (USD 710,710), while profit after tax reached INR 4.78 crore (USD 500,000) To know the aluminium casting demand forecast in the construction sector, explore our report "Global Aluminium Casting Market 2026-2032: Plant Economics,...
The future of Bell Bay Aluminium smelter in Tasmania remains dependent on the outcome of negotiations over its electricity supply agreement. Federal Industry Minister of Australia Tim Ayres has stopped short of committing federal funding similar to the support extended to the Tomago aluminium smelter in New South Wales. While Canberra has acknowledged the strategic importance of Bell Bay and its employment base, Ayres has stressed that the immediate priority is securing a commercially sustainable power agreement between Hydro Tasmania and Rio Tinto. To know the production, demand and consumption forecasts on bauxite and alumina, explore the report “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” Bell Bay faces a different challenge from...
China is helping cushion Western aluminium markets after production losses in the Gulf caused by the Iran conflict. Yet the export surge could come with a longer-term cost: more aluminium processing activity may shift from Western manufacturers to Chinese producers. China, the world’s largest aluminium producer, has increased exports of primary metal, alloy and semi-finished aluminium products as Western supply chains adjust to reduced Gulf output. The additional material has helped reduce the market’s immediate supply stress. Alloy and semis drive exports China’s export pattern is strongly shaped by its tax system. Primary aluminium exports face a 30 per cent tax, while aluminium alloy and semi-finished products, known as semis, can be exported at a zero tax rate. As a result, much of...
A women’s shelter in New South Wales has reportedly received an extraordinary financial boost after the Australian Government allegedly mistook it for an aluminium smelter. According to the humorous report, the government had recently approved AUD 2.5 billion (USD 1.76 billion) in taxpayer support for Rio Tinto’s Tomago aluminium smelter near Newcastle. When a women’s shelter later applied for AUD 2,500 (USD 1,760) in assistance, officials supposedly confused the two applications. The mix-up turned a modest request for support into a multibillion-dollar package because apparently, the difference between a shelter and a smelter is just one letter and several billion dollars. A very expensive misunderstanding In the report, Prime Minister Anthony Albanese explains that the wording of the...
New IAI data show that closing the can-to-can loop, not simply collecting more cans, will decide whether the industry produces 207 billion or 685 billion recycled cans by 2050. A Six Sigma study from Kentucky, co-authored nearly two decades ago by Dr Subodh K. Das, offers a strikingly relevant blueprint for treating every unrecycled can as a preventable process defect. Aluminium's most-quoted recycling statistic keeps getting bigger, but a new analysis from the International Aluminium Institute (IAI) suggests that scale alone will not decide how much of that metal comes back as new cans. According to the IAI’s September 2025 factsheet, "Can-to-Can Recycling: Performance, Potential and Pathways," the industry currently puts around 420 billion aluminium beverage cans on the market every...
Ardagh Holdings, the controlling shareholder of Ardagh Metal Packaging (AMP), is preparing for a possible sale of the beverage can maker, according to a filing with the US Securities and Exchange Commission (SEC). Ardagh Holdings has instructed advisers to explore a potential transaction that could involve selling some or all of its indirectly held stake in AMP to a third-party buyer. Another option would be for Ardagh Holdings to acquire the AMP shares it does not currently own and then sell the entire company to a third party. To learn the future of aluminium in the packaging industry, explore our report " ALuminium in Packaging: Consumer Trends and Market Dynamics " A sale could also increase AMP's operating costs. The company currently receives administrative, corporate and other...
