Novelis is cutting roughly one-third of its workforce at its Kingston, Ontario, aluminium facility, with the company citing the impact of US tariffs on aluminium imported from Canada. The company is reducing its salaried workforce by 10 employees and temporarily laying off approximately 70 hourly workers, according to a statement issued by Novelis on Friday, September 18. The cuts affect roughly one-third of the facility's workforce. “These are difficult decisions that affect our colleagues and their families, and we are supporting those impacted through this transition,” Novelis said. Novelis pointed to the Section 232 duties imposed by the US on aluminium imported from Canada as the reason behind the workforce reduction. To know the global production, demand and consumption forecasts of...
Saudi Arabia’s aluminium consumption could climb to as much as 1.8 million tonnes a year by 2030, as the Kingdom ramps up infrastructure and industrial development ahead of the 2034 FIFA World Cup. Ahmad Al-Alshaikh, executive vice president of Maaden’s Aluminum Business Unit, said demand is expected to reach at least 1.6 million tonnes annually by 2030, up from around 1 million tonnes currently. Consumption could potentially double over the next five to seven years, he said. Speaking on the sidelines of the Fastmarkets International Aluminium Conference in Budapest, Al-Alshaikh said construction of 15 new stadiums for the football tournament is helping to support aluminium demand, Reuters reported. Major exhibitions and preparations for the World Cup are also expected to contribute to...
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Hammerer Aluminium Industries (HAI), in collaboration with strategic partner LS Cable & System, has officially inaugurated a new extrusion production hall in Gumi, located in South Korea's Gyeongsangbuk-do province. The state-of-the-art 13,800 m² facility, equipped with a fully automated extrusion line, represents a significant milestone following a €46 million (US$50.1 million) investment. The opening ceremony for the site was held on May 15, 2025. HAI Materials Korea (HAIMK) will produce complex aluminium components for the South Korean market at the new facility. The site features a fully automated extrusion line with a pressing force of 60 meganewtons, along with comprehensive upstream and downstream systems to support advanced manufacturing processes. Also read : HAI expands capacity...
According to customs data, China's unwrought aluminium and aluminium products imports in April saw a 3.8 per cent decline year-on-year, but it increased 8.82 per cent month-on-month. In April 2025, China’s unwrought aluminium and aluminium product imports stood at 370,000 tonnes, representing a 3.8 per cent year-on-year fall from 380,00 tonnes . In the first four months of 2025, China's imports of unwrought aluminium and aluminium products totalled 1.32 million tonnes. This number shows a fall of 11.4 per cent from the first four months of 2024, where the imports stood at 1.49 million in the same year. However, on a month-on-month comparison, China’s unwrought aluminium and product imports rose 8.82 per cent from 340,000 tonnes. That was a rebound after a monthly fall of 10.6 per cent in...
Vedanta Chairperson Anil Agarwal has reportedly called for imposing a 12 per cent safeguard duty on aluminium imports into India, similar to the one recently applied to steel. According to Agarwal, such a measure is essential to protect the domestic aluminium industry from a surge in cheap imports. Image source: Vedanta Aluminium In April, the Indian government introduced a safeguard duty on steel imports for 200 days, aimed at protecting local producers from an influx of low-quality steel. The move targets explicitly imports priced below the global benchmark. Agarwal is now urging the government to implement a similar safeguard on aluminium, arguing that India, a rapidly growing economy, is increasingly vulnerable to cheap imports. He pointed out that, with the United States no longer a...
Premier Energies, a fully integrated manufacturer of solar cells and modules, has unlocked two significant joint venture agreements (JV). The agreements unlock significant potential in the solar manufacturing industry. The first one signed with Hyderabad-based Nuevosol Energy Pvt. Ltd., a leading producer of solar PV mounting structures aims to manufacture aluminium-based solar module frames and other value-added components essential to solar module production. Under the agreement, Premier Energies will hold a majority stake in the venture. The JV plans to establish a 36,000 MT per year aluminium extrusion and anodising facility in Seetharampuram, Telangana, to support Premier Energies' solar manufacturing ecosystem. Commercial operations are slated to commence in FY 2027. A 74:26 joint...
When London hosted the first formal UK–EU summit since Brexit on 19 May 2025, it wasn’t just a photo opportunity. It was a full-blown recalibration of economic realism. The commonly called ‘Brexit reset deal’ signalled a deliberate pivot back to Brussels after half a decade of friction, lost trade, and mounting industrial fatigue. With four key pillars, including access to the EU’s EUR 150 billion defence rearmament fund, regulatory easing for agricultural checks, a youth mobility visa scheme, and reinstated e-gate privileges for UK travellers, this was no ceremonial gesture. Yet the biggest headline for business? A potential rescue line for British exporters haemorrhaging market access and margin to post-Brexit red tape. And nowhere is the reset more urgent — or consequential than in the...
The Mohammed Bin Rashid Space Centre (MBRSC) is all set to showcase its advanced innovations at Make it in the Emirates (MIITE) 2025, one of the UAE's premier industrial events, serving as a platform to promote innovation, investment, and industrial growth across various sectors. MBRSC will showcase MBZ-SAT—the region's most advanced satellite—as a pioneering example of how space technology can drive industrial development, innovation, and collaboration. Launched into orbit on January 14 this year, this landmark mission underscores the UAE's expanding expertise in next-generation satellite technology. It reflects the nation's ambition to establish itself as a global leader in advanced manufacturing and space innovation. MBZ-SAT, engineered entirely by Emirati talent, marks a bold new...
To support France’s push for greener infrastructure, French startup Closura has introduced aluminium solar carports that combine renewable energy generation with durable, lightweight construction. Built from marine-grade aluminium, these structures are designed to help businesses and municipalities meet new sustainability mandates, reduce energy costs and lower their carbon footprints. Image credit: Closura Based in Le Thou, southwestern France, Closura’s initiative responds to the Climate and Resilience Act (2021) and the APER Act (2023), which require large parking lots to install photovoltaic canopies over at least 50 per cent of their area between 2026 and 2028. The choice of marine-grade aluminium for the carports ensures durability and lightness, making the structures resilient...
Aluminium Dunkerque, a leading producer of primary aluminium in Europe, has taken a bold step toward greener metal production with the launch of its new Furnace 8, a state-of-the-art melting furnace dedicated to aluminium recycling. This innovation will enable the plant to recycle 7,000 tonnes of aluminium scrap annually, boosting output by 20,000 tonnes of low-carbon aluminium each year. More than just a furnace, this development is a part of Aluminium Dunkerque's wider mission to support reindustrialisation in France and reduce dependence on high-carbon aluminium imports. Furnace 8 aims to slash CO2 emissions by 10 per cent of ingots produced, cutting a total of 25,000 tonnes of CO₂ annually. Guillaume de Goÿs, CEO of Aluminium Dunkerque, said, "Each year, France still exports nearly...
Futures market : Overnight, the most-traded alumina 2509 futures contract opened at RMB 2,938 per tonne, with a high of RMB 3,149 per tonne, a low of RMB 2,921 per tonne, and closed at RMB 3,141 per tonne, up RMB 222 per tonne or 7.59 per cent, with an open interest of 348,000 lots. Ore : As of May 16, the SMM Import Bauxite Index stood at USD 70.41 per tonne, unchanged from the previous trading day. The SMM Guinea Bauxite CIF average price was USD 70 per tonne, unchanged from the previous trading day. The SMM Australia Low-Temperature Bauxite CIF average price was USD 70 per tonne, unchanged from the previous trading day. The SMM Australia High-Temperature Bauxite CIF average price was USD 65 per tonne, unchanged from the previous trading day. Industry news : On May 14, the Guinean...
Standert has unveiled an updated version of its Kreissäge RS aluminium race bike in Berlin this May. The redesign aims to enhance aerodynamic performance, aligning with the company's commitment to innovation in aluminium race bike design. Utilising Computational Fluid Dynamics (CFD), the new model features refined tube shapes and increased tyre clearance, catering to the demands of competitive racing. Aluminium plays a pivotal role in this update, offering a balance between weight and stiffness essential for racing. The Kreissäge RS employs custom-drawn scandium tubing from Dedacciai, a choice that underscores Standert's dedication to high-performance materials. This approach allows for precise control over frame characteristics, ensuring responsiveness and durability. Aesthetically, the...
This week, the price of domestic bauxite in Guizhou fell by RMB 30 per tonne, mainly due to alumina refineries driving down prices when purchasing bauxite. Image source: https://www.earth.com/ As of today, in Shanxi, the transaction price of bauxite with an Al/Si ratio of 5.0 and 60 per cent alumina content, excluding VAT, for self pick-up at the crushing plant, was approximately RMB 580-620 per tonne. In Henan, the transaction price for bauxite with the same specifications was around 550-590 yuan/mt. In Guizhou, the transaction price for bauxite with an Al/Si ratio of 5.5 and 58 per cent alumina content was RMB 410-450 per tonne. In Guangxi, the transaction price for bauxite with an Al/Si ratio of 6.0 and 53 per cent alumina content was RMB 320-335 per tonne. According to data from May...
In 2025, the global coffee industry is intensifying efforts to enhance supply chain sustainability. This initiative addresses environmental concerns and aligns with evolving consumer expectations. The focus spans from farming practices to packaging materials, aiming to reduce the sector's ecological footprint. Image credit: nescafe Aluminium, prevalent in coffee packaging, is central to sustainability discussions. While it offers durability and preservation benefits, its environmental impact is high. The industry is exploring alternatives and recycling methods to mitigate these effects. Major players like Nestlé have launched initiatives promoting regenerative agriculture among coffee farmers. Their goal is to source 100% responsibly produced coffee by 2025, with a major portion from...
North America's beverage industry just got a major sustainability upgrade. Introducing VulCan Packaging — the first and only commercial-scale manufacturer of aTULC™ aluminium cans in the region. Backed by cutting-edge clean technology, VulCan is redefining how beverage cans are made, setting a new gold standard in eco-friendly packaging. Leading this bold new chapter are industry experts Alvin Widitora, Dana Abernathy, and Scott Fore, whose combined vision and leadership are driving VulCan's mission to deliver cleaner, smarter, and more sustainable can solutions at scale. VulCan Packaging is revolutionising aluminium can manufacturing in North America with the launch of the region's only aTULC™ (aluminium Toyo Ultimate Can) production line. This cutting-edge, proprietary technology sets a...
In mid-May, Mingtai Al. released a record of investor relations activities, mentioning that the company's production and sales of aluminium plate/sheet, strip and foil in Q1 reached a new historical high, with sales volume approaching 380,000 tonnes, up 11 per cent Y-o-Y. The company is unwavering in its commitment to driving product structure improvement through technological innovation, emphasising "quality improvement and efficiency enhancement," focusing on "high-end intelligent manufacturing," and strategically positioning itself to seize future opportunities. The development and stable supply of products in emerging fields such as new energy, automotive transportation, and robotics are contributing to the company's steady growth in production and sales. Image for referential...
In a compelling turn of events, Maan Aluminium Limited (NSE: MAANALU) has witnessed a notable 11 per cent surge in its stock price over the past week. This uptick comes on the heels of significant insider selling activities, prompting a closer examination of the company’s internal dynamics and market performance. Image source: https://x.com/raghavwadhwa/ Over the past year, Executive Director Ashish Jain executed a whopping sale of INR 12 million (USD 144 thousand) worth of shares at an average price of INR 141 (USD 1.69) per share. This transaction, representing a 36 per cent reduction in his holdings, was conducted at a premium compared to the current trading price of INR 95.15 (USD 1.14). While insider selling can sometimes signal caution, the timing and pricing of Jain’s sale suggest...
Lizhong Group has earned ASI Performance Standard V3 (2022) Certification for melting, alloying and casting process for the design and manufacture of cast aluminium alloy at their Longda Aluminum (Shunping) Co., Ltd. facility located in Hebei, China. Aluminium Stewardship Initiative (ASI) today announced that Longda Aluminum Industry (Shunping) Co., Ltd. has been certified against the ASI Performance Standard V3 (2022). The facility carries out melting, alloying and casting processes to produce aluminium alloy ingots and liquid, with an annual production of approximately 165,000 tonnes, primarily supplying automotive parts manufacturers within China. The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive...
With the rising concern about scrap theft, like cable, the Ghana Integrated Aluminium Development Corporation (GIADEC), an agency under the Ministry of Lands and Natural Resources, with the sector Minister, Hon. Emmanuel Armah-Kofi Buah, is looking to develop a legislative policy framework. With this framework, the agency is looking forward to regulating the downstream aluminium sector in Ghana. Image source: IndiaMART The need for this regulation rose from the ongoing aluminium product and cable thefts in Ghana, which have recently been exposed by the Electricity Company of Ghana. This has created a critical vulnerability within Ghana's industrial landscape. Due to this, Ghana is not only facing economic losses in terms of businesses and state entities but also creating disruption within...
Recently, news has been circulating widely in the market that an energy giant has established aluminium positions exceeding 1 million tonnes on the London Metal Exchange (LME). The scale of this position is staggering—as of May 15, LME aluminium inventory stood at only 397,300 tonnes (with Rusal accounting for approximately 90 per cent of it), and the giant's position is 2.5 times larger than the existing inventory. Affected by this, the near-month LME aluminium contract has shifted from a futures contango structure of USD 28 to a slight spot premium (back) structure, intensifying market concerns about a rise in the near-month LME aluminium contract price. Many investors are beginning to wonder if LME aluminium will replicate the previous strong back rally in LME copper, which was...
