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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In the morning session, the SHFE aluminium 2608 contract continued to trade at elevated levels. Today was the last trading day for the SHFE aluminium 2608 contract, and the price spread between near-month contracts was contango 20-contango RMB 50 per tonne. Today, spot premiums for SHFE aluminium were mainly transacted in the range of RMB 09-10 per tonne to RMB 09+10 per tonne. Today, the east China market’s shipment sentiment index was 3.15, up 0.01 W-o-W; the procurement sentiment index was 3.4, up 0.06 W-o-W. Today, aluminium futures rebounded slightly again. As it was also the first day of the week, downstream processing enterprises in the central China market showed low stockpiling sentiment, and overall procurement sentiment fell W-o-W from last Friday, with the market’s overall...
Australian bauxite exploration and mining company Metro Mining shipped 700,000 wet metric tonnes (WMT) of bauxite from its Bauxite Hills Mine in Queensland in July 2026. Year-to-date waste stripping reached 1 million bank cubic metres (BCM), up 140 per cent year-on-year. The announcement, released in Metro Mining’s operational update, was approved by CEO and Managing Director, Simon Wensley. Metro Mining's July shipment volume stood at 700,000 WMT, despite a temporary interruption at its offshore floating terminal (OFT) Ikamba. Compared with the June shipment volume of 779,000 tonnes , the July shipment volume records a 10.14 per cent month-on-month dip. As regards the annual comparison with the same period of the previous year, the July 2025 shipments amounted to 714,000 WMT, indicating...
Authorities in Matanzas, Cuba, reportedly stopped two individuals from stealing eight aluminium tubes from the railing of the Matanzas Viaduct. The incident occurred on Wednesday, August 12, in the La Playa area. Police reportedly caught the suspects while they were removing the tubes from the bridge structure, preventing the theft and further damage to the railing. Officials did not disclose the individuals’ identities or specify whether they were formally detained. Authorities said they would face the appropriate legal proceedings. Part of wider infrastructure theft The attempted theft is the latest reported incident involving public infrastructure in Matanzas. Days earlier, an entire section of metal railing disappeared from another bridge in the city. The affected structure was not...
The US' push to rebuild its domestic aluminium industry has been underway for years, with tariffs playing a central role in the strategy. But as Washington tries to attract new smelting investment, opposition to a major proposed project in Oklahoma is raising questions about how easily the country can expand its aluminium capacity. The Section 232 tariffs, introduced in March 2018, were aimed at reducing US dependence on imported aluminium, which the government viewed as a national security risk. The policy also sought to revive idle smelters, attract new investment and strengthen the domestic supply chain. The policy was tightened in 2025, when the US raised aluminium tariffs to 50 per cent for imports from most countries, giving greater protection to domestic producers. To know the...
Australia-based ABx Group is advancing its Sunrise bauxite project in Queensland towards a key environmental approvals milestone targeted for 2027, as development partner Good Importing International (GII) shifts its capital and management focus towards the project. The move strengthens the development pathway for the Binjour bauxite mine and associated Bundaberg port operations, with the project holding a JORC-compliant resource of 37 million tonnes of gibbsite-type metallurgical bauxite. To know the production, demand and consumption forecasts of bauxite and alumina, explore the report “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” ABx’s project vehicle, ABx3, has appointed Onterris Australia to manage the environmental approvals work...
Nemak S.A.B de C.V has achieved ASI Chain of Custody (CoC) Standard V2 (2022) Certification for the manufacture of aluminium components for the automotive industry, including cylinder heads, cylinder blocks, structural components and electric motor housings at their facility located in Győr-Moson-Sopron County, Hungary. The Certification also includes activities undertaken by outsourcing contractors. Aluminium Stewardship Initiative (ASI) today announced that Nemak Győr Alumíniumöntöde Kft. has been certified against the ASI Chain of Custody Standard V2 (2022). The facility manufactures aluminium components for the automotive industry, including cylinder heads, cylinder blocks, structural components and electric motor housings, using processes that include melting, core making, casting,...
Ghana is looking to Jamaica for a solution to one of the biggest gaps in its aluminium value chain: alumina supply. The two countries are negotiating a proposed USD 60 million arrangement that would see Jamaican bauxite processed at a refinery in Louisiana and the resulting alumina shipped to Ghana for aluminium production. The plan could give Ghana an additional source of alumina as it works to develop an integrated aluminium industry, while giving Jamaica a renewed role in a bauxite-alumina relationship that dates back decades. Jamaican bauxite could be processed in Louisiana Under the proposed arrangement, bauxite from Jamaica would be shipped to the Atlantic Alumina Company (ATALCO) refinery in Gramercy, Louisiana, for processing into alumina. The alumina would then be exported to...
Australia produced about 102.4 million tonnes of bauxite in 2025 and exported 44.23 million tonnes, up from 42.6 million tonnes in 2024, making it the world’s second-largest producer. Yet just as Australia’s role as a seaborne bauxite supplier is becoming more strategically important amid uncertainty over Guinea’s exports, its own supply chain has taken a hit. Record rainfall around Weipa in January-February 2026, followed by Tropical Cyclone Narelle in March, disrupted Rio Tinto’s bauxite operations and shipments. The result was a sharp Q1 production setback and a fresh reminder that Australia’s advantage as a reliable alternative supplier is still exposed to extreme weather. Weipa was hit before Narelle even arrived The disruption did not begin with the cyclone. Rio Tinto reported that...
Royal Bank of Canada (RBC) increased its stake in Kaiser Aluminum by 98.5 per cent during the first quarter, according to its latest Form 13F filing with the US Securities and Exchange Commission (SEC). RBC bought an additional 11,769 shares, taking its total holding to 23,714 shares, worth about USD 2.86 million at the end of the reporting period. Other institutional investors also increased their holdings. Farther Finance Advisors raised its stake by 389.3 per cent in the fourth quarter, while Global Retirement Partners increased its position by 408.3 per cent. Parallel Advisors boosted its holding by 107.2 per cent in the first quarter. KBC Group also acquired a new position, worth around USD 44,000. Institutional investors and hedge funds now own about 99.29 per cent of Kaiser...
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, is pleased to announce the recent promotions of S. Abbas S. Baqer to Manager Calciner & Marine and Ali Aseeri to Manager Engineering & Projects. Since joining Alba in 1989 as a Vocational Trainee, S. Abbas S. Baqer has built an accomplished career across engineering, maintenance and marine operations. He has held a number of senior leadership positions and was instrumental in the successful delivery of Alba’s Port Upgrade Project, a key enabler of the Line 6 Expansion Project and the Company’s long-term growth ambitions. Ali brings over two decades of engineering expertise to this role. He started his career in Alba’s Engineering Department in 2005, following which he held several key positions, including...
Azerbaijan is looking to deepen its aluminium and metallurgical industry through potential cooperation with Chinese companies. Economy Minister Mikayil Jabbarov recently met with Xinjiang Joinworld Co., Ltd. to discuss joint projects, modern technologies, innovative solutions, know-how and the transfer of expertise. The talks are crucial because Azerbaijan already has an established primary aluminium industry. Azeraluminium is Azerbaijan’s primary aluminium producer. It has given the country an existing base to expand into more processed and higher-value products. The latest discussions appear to focus on strengthening these capabilities rather than simply increasing primary aluminium production. For Azerbaijan, moving further into products such as rolled aluminium, sheets, profiles,...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,960 per tonne in the night session on August 14, with a high of RMB 24,000 per tonne and a low of RMB 23,835 per tonne, and closed at RMB 23,945 per tonne, up 0.25 per cent from the previous close. Prices pulled back to MA5 (23,988.91); short-term moving averages turned downward, with MA10 and MA20 forming overhead resistance, while MA40 and MA60 provided support below. Open interest fell notably during the session, mainly driven by bears reducing positions. Technically, on the 4-hour chart, MACD DIFF crossed below DEA to form a bearish crossover, the green histogram expanded significantly, short-term bullish momentum faded rapidly, and prices entered a pullback phase. LME aluminium opened at USD 3,238.5 per tonne on August...
The London Metal Exchange (LME) aluminium price graph has steadily been on the decline since the August 12 session , as Emirates Global Aluminium (EGA) announced the restart of full-scale production at its AL Taweelah facility in the first quarter (Q1) of 2027. As the drop persists on the August 14 trading session, the figures indicate a cooling effect of the EGA update. The LME aluminium cash bid and offer prices contracted by 0.95 per cent day-on-day on August 14. The bid slumped from USD 3,278 per tonne to USD 3,247 per tonne while the offer moved from USD 3,279 per tonne to USD 3,248 per tonne. The cash prices had shot up on the March 30 2026 session , jumping from USD 3,292 per tonne to USD 3,482 per tonne, following the Iranian missile hits sustained by the EGA and Aluminium Bahrain...
Price volatility has emerged as one of the most pressing issues for the global aluminium industry in 2026. India, experiencing the same, is also facing the additional impact of currency movements and rising domestic costs. This is the issue being prominently featured at the three-day conference Global Commodity Conclave 2026, organised by the Multi Commodity Exchange of India (MCX). Among many key insights regarding aluminium price shocks, the most interesting takeaway was the aluminium market’s sensitivity to the surge in crude oil prices and supply disruptions arising from the Middle East conflict. According to S&P Global, the rise in oil prices due to the Middle East conflict has translated into an aluminium price increase. As per the American publicly traded corporation, LME aluminium...
Following a brief upward spell, the prebaked anode market has pulled back again, with a major Shandong-based aluminium smelter setting its August 2026 procurement benchmark at RMB 5,630 per tonne by cash and RMB 5,645 per tonne by acceptance, down RMB 53 per tonne from July. Meanwhile, the prebaked anode production costs during the current settlement cycle are estimated at RMB 5,615.02 per tonne in Shandong, leaving an average industry profit margin of roughly RMB 14.98 per tonne. While recent fluctuations in petroleum coke (petcoke) and coal tar pitch prices have kept overall production costs largely stable month-on-month, the renewed downtrend in anode pricing has directly eroded profitability, pushing some producers closer to loss-making territory. In the current cycle, petroleum coke...
Recommerce has announced the ITAD & WEEE Global Leaders Meet 2026, scheduled for 5–6 October 2026 at The Lalit, New Delhi. The event is positioned as the world’s largest annual gathering dedicated to IT asset disposition, e-waste management, and circular electronics innovation, bringing together over 1,000 professionals from 10+ countries. According to the organisers, the meet will convene “policymakers, OEMs, ITAD providers, recyclers, technology innovators, and sustainability leaders” to address the growing challenges of electronic waste and end-of-life assets. The two-day program will feature: Keynote addresses from global thought leaders. Panel discussions on repairability, refurbishment, and circular design. Industry case studies showcasing scalable solutions. Networking...
This week, trading sentiment among domestic aluminium fluoride enterprises was moderate, and aluminium fluoride prices remained stable. As of this report, SMM mainstream aluminium fluoride quotations stood at RMB 11,200-11,800 per tonne; cryolite spot prices held steady, and SMM cryolite quotations were RMB 7,500-9,000 per tonne. Raw material side: This week, aluminium fluoride raw material prices diverged. The upstream 97 per cent fluorite wet powder market consolidated on a strong note, with mainstream delivered prices at RMB 3,300-3,750 per tonne. Supply side, domestic mine safety supervision tightened, standardised mining management and control was implemented, and mine technological transformation and rectification cycles lengthened, constraining the release of effective industry...
Macro perspective The latest US inflation data were released. Data from the US Labour Department showed that the US July unadjusted CPI Y-o-Y growth rate slowed to 3.4 per cent, the core CPI YoY growth rate slowed to 2.5 per cent, seasonally adjusted CPI rose 0.1 per cent M-o-M, and core CPI rose 0.2 per cent M-o-M, all in line with market expectations. After the data release, traders' expectations for a US Fed rate hike in September remained broadly steady. US President Trump said he was currently “dealing with the Iran issue quietly” and hinted that, rather than launching another large-scale military operation, he preferred to step up economic pressure. Iran is demanding compensation for losses suffered during the military conflicts of the past five months. The US is likewise demanding...
