Metro Mining Limited shipped 2.1 million wet metric tonnes (WMT) of bauxite in the third quarter of 2026, up 17 per cent from 1.8 million WMT in the previous quarter. However, shipments remained below the 2.25 million WMT recorded in Q3 2025. The Australian bauxite producer reported improved market pricing during the July–September quarter, with its delivered (CIF) price rising by 6.5 per cent to AUD 60.8 (USD 42.79) per WMT from AUD 57.1 (USD 40.18) per WMT in Q2. Site EBITDA increased to AUD 7 (USD 4.93) per WMT from AUD 4.4 (USD 3.10) per WMT. Mining and shipping operations faced maintenance work, equipment issues and channel erosion during the quarter. The company said its offshore floating terminal, Ikamba, underwent a one-week shutdown in July to replace four large hydraulic crane...
Vedanta Limited and Vedanta Aluminium Metal Limited (VAML) have posted their best second quarters (Q2) yet. Vedanta Limited’s Q2 2026 profit reached INR 6.2 billion (USD 651.22 million). Vedanta Aluminium reported profit after tax of INR 6.2 (USD 649.64 million), alongside an 83 per cent rise in EBITDA and record quarterly aluminium production of 649,000 tonnes. Here is how the Q2 FY27 metrics break down, entity by entity, and how they stack up when compared with each other. Vedanta Limited Q2 FY27: Financial performance Vedanta Limited reported an improved half-yearly performance with higher quarterly revenue, EBITDA and profit over the corresponding period of FY2026. Financial highlights: H1 2027 and Q2 FY27 vs H1 2026 and Q2 FY26 Revenue: H1 revenue at INR 492.68 billion, up 54 per...
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The global mining and metal giant Rio Tinto has entered a strategic partnership with Swedish investment firm Vargas, global integrated business enterprise Mitsubishi Corporation, and a consortium of local and international industry partners to explore a low-carbon aluminium greenfield opportunity in Kokkola, Finland. The collaboration marks a significant step towards advancing sustainable aluminium production in Europe. Rio Tinto will provide with access to its provenits cutting-edge AP60 technology to the Arctial partnership as the strategic industrial partner. This marks the first deployment of AP60 outside of Quebec, Canada. Developed by Rio Tinto, AP60 is widely regarded as one of the most efficient aluminium smelting technologies at a commercial scale, offering substantial potential...
China’s metallurgical-grade alumina production continued to grow in November 2024, driven by expanded capacity. As of December 6, China’s metallurgical-grade alumina capacity stood at about 103.02 million tonnes, up by 0.31 per cent from 102.7 million tonnes in the previous month. Image Source: Made-in-China Operating rate and output volume According to the Shanghai Metals Market survey, the actual operating capacity of alumina refineries increased by 3.24 per cent in November, compared to a 2.93 per cent growth in October, leading to a record-high capacity. The operating rate in the specified period stood at 86.63 per cent against 84.22 per cent in the previous month. The increased capacity and operating rate drove China’s monthly alumina output in November. Month-on-month, the...
Rolls-Royce has redefined luxury gifting this festive season with the introduction of the Rolls-Royce Cameo, a miniature model inspired by the brand's iconic open-top cars of yesteryears. Designed exclusively for home décor, this collector's item is a celebration of the marque's rich heritage and modern craftsmanship. Image Source: https://www.rolls-roycemotorcars.com/ Crafted from solid wood and polished aluminium, the miniature car exudes elegance, featuring hallmark details like self-levelling Rolls-Royce centre caps and even a charming miniature driver. This intricately designed piece is more than just a décor item; it offers enthusiasts a hands-on experience of Rolls-Royce craftsmanship. In a nod to the assembly process at the Home of Rolls-Royce in Goodwood, 'Cameo' is delivered in...
The ASX-listed company, Arrow Minerals Limited, has published reports on further outstanding assay results from its maiden drilling program at the Niagara Bauxite Project in Guinea. Strategically located approximately 100 km from the multi-user Trans-Guinean Railway, the project offers significant logistical advantages for transportation and development. Arrow Minerals Limited is an exploration and development company focused on delivering long-term shareholder value by discovering economic mineral deposits in West Africa. The discovery of Niagara is rapidly evolving into a substantial resource, demonstrating high-grade potential within the trucking distance of a multi-user railway. Results from 111 drill holes are still pending. The latest assays from 30 holes include: BS000096, 4 metres...
Ducati has unveiled a revamped model of Multistrada V2 at Intermot 2024, which is coming next year and aims to redefine the mid-displacement adventure touring segment. The new model showcases a dramatic weight reduction of 18 kg, thanks to a redesigned aluminium monocoque frame and a new, lighter 890 cc V-twin engine. This weight loss translates into enhanced agility, making the Multistrada V2 more nimble and easier to manoeuvre in urban settings and winding roads. Image Source: https://www.intermot-cologne.com/ The 2025 Multistrada V2 boasts a sharper, more aggressive design. It has updated LED headlights and a revised windscreen for improved aerodynamics and rider comfort. The ergonomics have also been optimised, with a redesigned seat and adjustable handlebars to accommodate riders of...
The final month of 2024 began this week, marking several key events in the upstream aluminium sector. A few of them are critical minerals export ban by China to the United States, projections by the Australian Securities Exchange Limited (ASX) suggesting a return of bauxite stocks to IPOs, and the stabilisation of primary aluminium ingot price in the Chinese metals market. After multiple ups and downs through November 2024, China’s domestic primary aluminium ingot price has remained range-bound this week (December 2 to 6) between RMB 20,380 and 20,400 per tonne. During the same period of the previous month, China’s aluminium ingot price experienced a sharp growth of 4.48 per cent from RMB 20,780 per tonne to RMB 21,710 per tonne. In contrast, the price in early December marked an increase...
Bauxite residue, commonly known as red mud, is a highly alkaline by-product generated during the Bayer process of alumina extraction from bauxite ore. With global alumina production steadily increasing to meet the demands of various industries, the volume of red mud produced has surged correspondingly, posing significant environmental and management challenges. The red colour is due to the presence of iron oxides (along with other oxides). The multifaceted nature of red mud demands an immediate and thorough understanding to mitigate its adverse effects and harness its potential benefits. Red mud contains unreacted minerals, metal oxides, and caustic soda, making it toxic if not managed properly. Its disposal has traditionally involved storage in large containment areas, which poses risks...
India has emerged as one of the leading destinations for clean technology funding, surpassing China in recent months. This shift has been fuelled by efforts to enhance domestic green manufacturing and attract global investors. In the third quarter, India emerged as the second-largest market for green technologies, driven by a significant surge in funding. In the same quarter alone, clean tech deals worth approximately $2.4 billion were finalised in India—more than four times the value of deals in China. This makes India the second-largest market globally for clean tech investments, trailing only the United States, according to data from BloombergNEF. Climate Technology Fund Raj Pai, founding partner of GEF Capital Partners, a climate-focused private equity firm, attributes this momentum...
The third quarter of 2024 witnessed a continued rise in aluminium packaging recycling volume across the United Kingdom, and that too at a much higher growth rate than in the previous quarter. Compared to a 3 per cent increase in Q2 , the United Kingdom's aluminium packaging recycling volume surged by 15 per cent in Q3, which ended September 30, according to the data published on the National Packaging Waste Database by the Environment Agency. Q3 recycling volume The United Kingdom's total collection of aluminium packaging in Q3 was 43,466 tonnes, including 32,293 tonnes through kerbside and 10,910 tonnes recovered from incinerator bottom ash (IBA). Although the total collection decreased Q-o-Q, the recycling rate improved significantly. The 17 per cent decline in aluminium packaging...
In 2022, Apple and Tsinghua University introduced the ‘Carbon Neutral Capacity Improvement Project’ to train younger pupils on environmental protection and low-carbon transformation. Carbon neutrality is a vast and convoluted system inclusive of pivotal technologies, engineering, systems, and governance. Image Source: https://www.tsinghua.edu.cn Through this project, on one hand, students could study relevant practices on campus and, on the other, go to the ground zeroes of factories and businesses for field summer exercise, subsequently attaining an in-depth understanding of the practical applications of carbon neutrality, technological innovation and management. This year, Tsinghua University students created research groups focused on improving energy efficiency through digitalisation,...
UK-based EV technology firm Electrogenic has introduced an electrification kit tailored for the first-generation Mazda MX-5, with a focus on aluminium-centric innovation. This 'plug-and-play' solution allows Mazda MX-5 enthusiasts to transform their petrol-powered roadsters into aluminium-chassised electric vehicles while preserving the car's lightweight aluminium structure and enhancing performance. Image Source: https://www.frfmotors.com/ Central to the kit is a 42kWh battery pack, cleverly distributed between the front, beneath the aluminium bonnet, and the space formerly occupied by the fuel tank. Impressively, the boot remains untouched, maintaining its original storage capacity. The vehicle is driven by a compact motor generating 120kW of power, channelled through a single-speed...
Representing National Democratic Congress (Ghana), Presidential candidate John Dramani Mahama has reportedly assured the residents in Nyinahin, a district in the Ashanti Region, that he would prioritise bauxite mining if elected in the December 7 elections. While addressing the crowd, Mahama outlined a detailed plan to enhance bauxite mining to create local jobs and drive national economic growth. He said, "We will engage with the chiefs regarding the construction of a railway from Takoradi to Nyinahin to facilitate the easy transportation of bauxite. Additionally, we will construct a factory for aluminium production to create more jobs for the youth." "We are committed to the development of our country. The days of supporting a party solely based on lineage are no longer relevant. Let's...
Germany's industrial downturn persisted in October, with production declining further, as reported by ING. Industrial output dropped by 1 per cent month-on-month, following a steeper 2.5 per cent contraction in September. Production has fallen nearly 5 per cent compared to last year's period. This weak start to the fourth quarter heightens concerns of a potential winter recession for Europe's largest economy. The industrial outlook remains challenging The challenges faced by German industry over the past few years exemplify the broader struggles of the nation's economy. Caught between cyclical downturns and structural obstacles, Germany has had to confront the reality that its traditional macroeconomic model—reliant on affordable energy and accessible export markets—is no longer...
Pittsburgh-based Alcoa Corporation is a global leader in the bauxite, alumina, and aluminium industry. With a market capitalisation of US$7.807 billion and an enterprise value of US$8.057 billion, the company's operations span the entire aluminium value chain, making it a significant player in the global market. Global footprint Alcoa's operations extend across nine countries, primarily in Australia, Brazil, Canada, Iceland, Norway, Spain, and the United States, wherein the enterprise directly and indirectly owns 27 operating locations and employs over 13,000 people. Operations are divided into two reportable upstream segments — alumina and aluminium. The alumina segment encompasses global bauxite mines and alumina refineries, aligning the global brand as one of the world's largest...
A recent survey by the Aluminum Association and the Can Manufacturers Institute (CMI) has shown a surprising downtrend in consumer aluminium cans recycling in the United States. Once averaging at around 52 per cent in the 1990s, the rate has decreased to 43 per cent in 2023. However, a silver lining is that aluminium cans still have a higher recycling rate than glass, with a recycling rate of 39.6 per cent and plastic bottles with 20 per cent. Image Source: The Aluminum Association Learning and suggestions Outdated recycling infrastructure and less passive approach to recycling policy could be the reasons behind the drop in the United States’ aluminium cans recycling rate. Charles Johnson, president & CEO of the Aluminum Association, said: “Our current approach to recycling in America is...
The annual Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC) is one of the most critical global events dedicated to combating climate change. During COP, countries and leading companies discuss ways to reduce greenhouse gas emissions, adapt to a changing climate, and accelerate the transition to sustainable development. COP29 took place in Baku this year, bringing together world leaders, experts, and business representatives. RUSAL, one of the largest producers of low-carbon aluminium, reaffirmed its commitment to the global climate agenda by presenting key initiatives and achievements at the conference. Innovative solutions for a sustainable future At COP29, RUSAL unveiled a unique digital platform designed to facilitate resource...
The Heavy Industry Low-Carbon Transition Cooperative Research Centre (HILT CRC) has embarked on a landmark three-year project to support the decarbonisation of heavy industry through enhanced energy infrastructure planning in Australia. The initiative is titled "Unlocking Investment in Energy Infrastructure for Net-Zero Industrial Hubs" and aims to deliver precise, data-driven insights into energy costs. These findings will help shape government policies and empower heavy industries to navigate their decarbonisation journeys strategically. The project focuses on identifying the most optimal and cost-efficient energy supply solutions—spanning hydrogen, electricity, and natural gas—for developing industrial hubs. These hubs are critical to achieving Australia's net-zero emissions target...
Canada’s Parliamentary Budget Officer (PBO), Yves Giroux, estimates that federal revenues will rise by $473 million over five years due to tariffs on Chinese electric vehicles, aluminium, and steel. In October, the federal government implemented a 100 per cent tariff on Chinese-made electric vehicles (EVs) and a 25 per cent per cent tariff on aluminium and steel imports. The Canadian Government has pointed out China's trade practices, highlighting unfair pricing and product dumping enabled by "abysmal" environmental and labour standards. These practices, they argue, come at a significant cost to both the environment and workers' rights. The Trudeau Government faced significant pressure to align with U.S. tariffs, driven by advocacy from industry groups such as automakers and steel and...
