China recorded the highest reported bauxite price among five major markets in the third quarter of 2026, at USD 90 per tonne, while the USA had the lowest assessment at USD 77 per tonne. India, Australia and Germany recorded prices of USD 82, USD 80 and USD 79 per tonne, respectively, highlighting regional differences in bauxite procurement costs. The USD 13-per-tonne gap between China and the USA reflects differing regional price assessments. However, the available data does not establish the precise contribution of individual factors or indicate whether prices rose or fell compared with the previous quarter. China tops regional bauxite price rankings China's bauxite price of USD 90 per tonne placed it at the top of the five-market comparison. Its substantial alumina refining industry...
Japanese aluminium manufacturer UACJ Co Ltd has signed a 20-year solar power purchase agreement (PPA) with Hokuriku Electric Power Biz Energy Solution Co Ltd to supply renewable electricity to its Fukui Works. The 7.43 MW solar project in Sakai City, Fukui Prefecture, is expected to deliver 8.5 GWh of electricity annually while reducing UACJ’s carbon dioxide emissions by 27,694 tonnes per year. Private-line solar supply to begin in November Under the agreement announced on October 26, 2026, Hokuriku Electric Power Biz Energy Solution will supply UACJ’s Fukui Works through a dedicated 4.2 km private power line. The offsite solar plant has a capacity of 5 MWAC/7.43 MWDC, with electricity deliveries scheduled to begin on November 1, 2026. Built on a 75,197-square-metre site, equivalent to...
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Vedanta Aluminium has achieved yet another significant milestone under sustainability by attaining a 28.5 per cent reduction in greenhouse gas emissions against the FY2012 baseline.This accomplishment, aligned with the company’s Net Zero vision, reinforces the company’s ever-lasting commitment towards environmental protection. As part of its environmental efforts, Vedanta Aluminium is also committed to socio-economic upliftment and thus invested INR 1.1 billion (US$12.7 million) to support underprivileged communities across all the regions it operates in, as outlined in the company’s most recent Sustainable Development Report 2023-24. As India’s largest aluminium producer, Vedanta Aluminium is dedicated to enhancing both the socio-economic and environmental frameworks of these areas, with...
Yulin New Materials Group has reported significant progress this year, prioritising high-end differentiation in the aluminium industry while emphasising steady growth, enhanced quality and efficiency. The company has made consistent advancements in production and operations, achieving remarkable outcomes in high-quality development. As of November 30, the company's operating income has surpassed the annual target, marking a record-breaking year with a 28.27 per cent increase compared to the previous year. Souce: FreePik Significant strides have been made to advance high-quality projects. Between January and November, the company invested RMB 1.225 billion in fixed assets, achieving 99.69 per cent of the annual plan. The flat ingot production line of the aluminium-based new material...
Rio Tinto, a leading global mining group focused on finding, mining and processing the Earth's mineral resources, has wrapped up another year with impressive operation growth, as highlighted by its CY2024 results. From production volume to energy efficiency or safety measures, the company has demonstrated tangible improvements across all areas. Production overview In the full year 2024, Rio Tinto's bauxite production summed up at 58.7 million tonnes, reflecting a 7.5 per cent year-on-year rise from 54.6 million tonnes in 2023, following an annual increase of 2 per cent in the final quarter (Q4) output to 15.4 million tonnes, attributed to the implementation of the Safe Production System, delivering record annual production at Amrun and Gove. The company's aluminium production also grew in...
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside of oil and gas and the world’s leading producer of premium aluminium, has announced the completion of civil works for the expansion project at its U.S. recycling subsidiary, Spectro Alloys. Source- EGA webiste Construction began in March’24 Construction began in March 2024, culminating in a 90,000-square-foot addition. This new facility enables Spectro Alloys to broaden its product range by producing billet from post-consumer aluminium scrap. Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said, “The completion of the civil works is an important milestone in the expansion of Spectro Alloy’s recycled aluminium production and our ambitions to grow EGA’s recycling business in the...
Despite persistent efforts by government authorities to promote piped natural gas (PNG) for industrial operations, refractory manufacturers in Punjab have raised significant concerns, citing technical challenges. They argue that PNG is unsuitable for high-temperature manufacturing processes and are urging the authorities to permit the use of pet coke under stringent pollution control measures. Image generated with AI tool The issue is currently being examined by the National Green Tribunal (NGT), which is hearing a complaint regarding air quality violations by coal-fired furnaces in Mandi Gobindgarh. These furnaces are associated with industries such as recycled steel production, ceramics/refractories, cupola furnaces, and rolling mills. In response to pollution concerns, the NGT...
A tragic boiler explosion at an aluminium factory in Bihar's Samastipur district on Wednesday, January 15, has caused a major stir amongst the workers there. The factory, which specialises in manufacturing aluminium utensils, reported one worker dead and eight others injured. About the accident The injured individuals have been transported to a nearby hospital for treatment. The incident triggered widespread panic, with workers and locals desperately fleeing the area to ensure safety. Authorities have launched an investigation to determine the cause of the blast. Rescue operations were dispatched to ensure no one remained trapped under the debris. Rescuers, with the aid of an earthmover, cleared the debris to recover the bodies and rescue the injured. Of the injured, two sustained minor...
The Guyana Government has revealed that the bauxite mining business is back with a bang as 2024 witnessed a new high of production inflation amounting to 225 per cent as compared to 2023, with 1.7 million tonnes produced from the two overseas companies that mine in the nation. “Bauxite has been a success story over the last few years. In 2023, the production of bauxite was at 523,732 tonnes,” Minister of Natural Resources Vickram Bharrat said during his ministry’s annual review press conference. Image Source: https://www.kayak.co.in/Guyana.103.dc.guide Earlier in January, Dr Mohamed Irfaan Ali , President of Guyana, proudly commented during his official statement on the substantial improvement of bauxite production in the country during his tenure. In his statement, he mentioned the...
The Damaoqi Project Department of Baotou Aluminum Industry recently achieved a significant milestone. The 220kV booster station of the No. 2 Scenery Power Station was successfully commissioned in a single attempt. By the next few days, the station had successfully energised two main transformers and four sections of 35kV buses, signalling the first successful transmission for the 1.2-million-kilowatt new energy project in Damaoqi. Source: Baotou Aluminum This achievement will increase the share of green electricity at Baotou Aluminum to over 40 per cent, establishing a crucial foundation for the company's pursuit of green, low-carbon, and high-quality development. It will also strengthen its competitive edge and contribute significantly to building a sustainable, low-carbon "New...
Kaiser Aluminum (NASDAQ: KALU), a leading producer of speciality aluminium products, announced today that its Board of Directors has approved a quarterly cash dividend of $0.77 per share. This dividend, representing a 4.3 per cent yield, is scheduled to be paid on February 14, 2025 to shareholders on record as of January 24 2025. According to InvestingPro, the company has maintained its dividend payments for 18 consecutive years, with a consistent commitment to shareholder returns. Based in Franklin, Tennessee, Kaiser Aluminum has built a reputation for delivering high-quality, engineered solutions across various industries, including aerospace, automotive, and general engineering. Established in 1946, the company is a significant player in the aluminium sector, specialising in...
While bauxite plays a crucial role in the global economic and trade landscape, the mining of the substance should not ideally pose a threat to humanity. Guinean bauxite mining, especially when coming to German firms, has long seen a different reality. Image Source: https://www.energymonitor.ai/ For quite some time, Germany’s lion’s share of its bauxite import has been from the African state of Guinea. In 2016, the German commercial bank ING DiBa provided the largest single credit of a consortium (including the World Bank Group) loan of over €248 million for the expansion of a bauxite mine through the Federal Ministry for Economic Affairs and Climate Action, also known as BMWK, through ‘guarantees for untied financial loans’, reserving 15 per cent of the mine’s annual output. According to...
The deposit for PET and aluminium beverage containers is expected to rise, encouraging consumers to sort materials correctly to benefit the climate and the environment. Returpack, the Swedish DRS company, will raise the deposits on all packaging: from SEK 1 to SEK 2 for aluminium cans and small PET bottles and from SEK 2 to SEK 3 for large PET bottles. About Sweden’s DRS The goal for Sweden's DRS is to maintain a stable rate above 90 per cent, yielding significant environmental benefits. In 2023, 2.7 billion packages were deposited and returned to the recycling loop, achieving a deposit rate of 88.5 per cent. “The refund is that little added value that makes the deposit return scheme work so well. Now we are turning it up a notch by increasing the deposit amount on all packaging, making...
Emirates Global Aluminium (EGA) is the first industrial company in the United Arab Emirates and the first aluminium company globally to have been identified as an Industry 4.0 global lighthouse by the World Economic Forum. This recognition is specifically awarded to EGA's Al Taweelah site in Abu Dhabi but testifies to the company's relentless efforts towards transforming the operational efficiency of the aluminium industry by implementing Fourth Industrial Revolution technologies. EGA began its digitalisation journey in 2021 to enhance operational efficiency, cost effectiveness, agility and flexibility, and safety and sustainability. Since then, the company generated a financial impact of some $100 million through implementing more than 80 Industry 4.0 use cases, like using artificial...
The term "smart" has evolved beyond its traditional association with human intellect, finding its way into the heart of modern industry. Today, it stands as a symbol of innovation and foresight, shaping everything from smart technologies that revolutionise how we live and work to smart environments that redefine the spaces we inhabit and smart ecosystems that connect nature and technology in harmony. This transformation reflects an undeniable global momentum to weave sustainability into every thread of existence, creating solutions that optimise efficiency and nurture the planet. And when talking about sustainability, aluminium stands out as the ultimate choice. Unlike most materials that degrade with each cycle, aluminium retains its quality through endless reuses, transforming old...
The European Union is contemplating the release of its 16th sanctions package against Russia in February 2025, when the Russia-Ukraine geopolitical conflict will mark a third anniversary. A preliminary draft has been outlined for the forthcoming package, restricting aluminium imports, military equipment, and all those vessels transporting Russian oil. The 16th sanctions package is also likely to impose limitations on international payment systems SWIFT, said the people involved in the bloc committee discussion. All these actions are specifically aimed at undermining Russia's revenue streams and limiting its ability to fund the war. A month ago, ten European Union member states even appealed for stricter sanctions on Russian aluminium , recognising the metal as a critical source of income...
ABx Group (ASX:ABX) has set a sustainable example as the company agreed upon a lease with Rio Tinto for a waste-to-product industrial facility next to the Bell Bay aluminium smelter in northern Tasmania. Image Source: https://abxgroup.com.au/alcore The company has an 83 per cent shareholding of its refining technology subsidiary ALCORE, which is accountable for the construction of a pilot plant at the facility, enticing a 500-square-kilometre building on an industrial site. It proffers permits to local engineering services and suppliers in the Bell Bay region of Australia. ABx, with its stock market value of US$9 million, has the intent of making nominal adjustments to serve the continuity of the plant through its subsidiary firm ALCORE, which will demonstrate its world-first proprietary...
Bike enthusiasts, prepare for a thrilling ride into the future! Flying Flea, Royal Enfield’s electrifying new EV brand, has teamed up with Qualcomm Technologies to revolutionise the two-wheeler experience. The collaboration brings Qualcomm’s Snapdragon QWM2290 system-on-chip (SoC) and Snapdragon Car-to-Cloud Platform to Flying Flea’s electric motorcycles, promising smooth connectivity, performance, and rider personalisation. Image Source: https://flyingflea.royalenfield.com/ Unveiled globally at the Milan Motorcycle Show in November 2024, Flying Flea motorcycles blend advanced technology with Royal Enfield’s timeless style. With Qualcomm’s innovation at its heart, these bikes aim to redefine how riders interact with their machines. Tech-powered riding redefined The Snapdragon QWM2290 SoC,...
On January 14, a report revealed that Novelis renewed its multi-year partnership with thyssenkrupp Aerospace, agreeing to supply specialised aerospace-grade aluminium to the latter. This renewed agreement re-establishes the two companies' age-old collaboration, as Novelis has long been a supplier of premium, aircraft-grade aluminium plates and sheets to thyssenkrupp Aerospace. Under the new agreement signed, Novelis will supply specialised aluminium to thyssenkrupp Aerospace's key markets in Europe and Asia from its facilities in Koblenz, Germany, and Zhenjiang, China. Patrick Marous, CEO of Business Unit Solutions at thyssenkrupp Materials Services and responsible for the Aerospace business field, commented: "We are very pleased that our global Aerospace unit is prolonging our...
Ball Corporation, the world’s #No1 innovative and sustainable aluminium packaging provider, has partnered with Meadow by making a minor investment in the company to revolutionise aluminium packaging solutions. Meadow is a Sweden-based company specialising in handling data to design, technology to artistry to create innovative solutions for aluminium refill packaging production. Image Source: Meadow The two companies will collaboratively produce fully recyclable aluminium cans as pre-filled cartridges for personal and home care products. While the former will contribute to the project by supplying aluminium cans and can ends, the latter, with its groundbreaking packaging technology, “MEADOW KAPSUL”, will turn them into reusable dispensers and bring the pre-fill packaging solution to the...
