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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The numbers are staggering. In 2024, a whopping 17 million electric cars found new homes worldwide — a 25 per cent surge that speaks volumes about our shifting automotive landscape. To put this in perspective: 2024’s additional EV sales alone (3.5 million vehicles) surpassed the total electric car sales of 2020. At the heart of this electric revolution stands China, commanding the global stage with over 11 million sales. It’s a figure that would have seemed impossible just two years ago when it represented the entire world’s electric car sales. While Europe grappled with subsidy reductions and unchanged EU CO2 targets, causing market stagnation, the United States showed modest growth, albeit at a quarter of the previous year’s pace. The impact of this five-year surge has been...
The smartphone world is abuzz once again as OnePlus gears up to launch its highly anticipated OnePlus 13s in India. With the first official teaser already creating hype, excitement is mounting among tech enthusiasts and loyal fans of the brand. Smartphone launches from OnePlus have consistently drawn significant attention, and the OnePlus 13s is no exception. Offering a sleek design, fresh colour options, and a compact form factor, the OnePlus 13s is already sparking conversations across the tech community. The device is expected to feature an aluminium frame, a 6.32-inch display coupled with dual-camera setup. To be launched on June 5th, OnePlus 13s has already started gaining loads of attention. An aluminium alloy body in smartphones like the upcoming OnePlus 13s offers users several...
Norges Bank Investment Management announced plans to engage with Rio Tinto and South32. This decision follows environmental concerns about their involvement in the Mineração Rio do Norte joint venture (JV) bauxite mine in Brazil's Amazon rainforest. Image source: en.wikipedia Aluminium production begins with bauxite mining, making MRN's operations central to this industry. The fund's focus on MRN underscores aluminium's environmental footprint, especially in ecologically sensitive areas like the Amazon. MRN is a joint venture comprising Glencore (45 per cent), South32 (33 per cent), and Rio Tinto (22 per cent). The fund owns approximately 2.5 per cent of Rio Tinto, 0.13 per cent of Rio Tinto Ltd, and 2.6 per cent of South32. These stakes provide NBIM with significant influence to advocate...
In a significant step towards modernising India’s port logistics and advancing sustainable trade, Vizag Multipurpose Terminal — a joint venture between India Potash Ltd and J M Baxi Ports & Logistics — has signed a strategic agreement with Hindalco Industries. Together, they will develop India’s first fully-automated, sustainable alumina handling facility at the EQ-07 berth of Visakhapatnam Port. Image Source: J M Baxi Group / Linkedln The new terminal will be the first in India to offer fully mechanised alumina handling, removing the need for manual operations and streamlining cargo movement. By shifting from road to rail, the facility will enable the transport of alumina from Hindalco’s refinery in Odisha directly to the port via railway rakes, improving operational efficiency while...
Later this month (19-21 May), Alupro will celebrate the circularity of aluminium packaging at the 2025 London Wine Fair. Taking place at the Olympia, the event will bring together more than 10,000 drinks trade professionals to discuss pertinent opportunities and challenges facing the sector. As part of the event’s three-day schedule, Martin Hyde, sustainability and public affairs manager at Alupro, will join leading voices from across the beverage supply chain for an expert panel discussion. Hosted by Miles Beale, chief executive of the Wine and Spirit Trade Association (WSTA), the session will dive deeper into new UK policies designed to accelerate the sector’s transition towards a more circular economy. As part of a wide-ranging session, Hyde will offer his insight into upcoming...
The Aluminum Association today released a new white paper developed in collaboration with Wittsend Commodity Advisors, Powering Up American Aluminum: A Roadmap for Next Generation Supply Chain Resilience , outlining pathways to move the United States industry toward greater self-sufficiency in its domestic aluminium supply. The US aluminium industry has evolved over the last quarter century and shifted its business to become a global powerhouse in mid-and-downstream aluminium production and recycling – investing more than $10 billion in US operations over the past decade. At the same time, steady demand growth and a declining primary aluminium production footprint within the United States has led to a gap of around 4 million tonnes of raw (or unwrought) aluminium that the industry must...
Headquartered in Finland, Potma has created an advanced aluminium honeycomb-structured construction material tailored for high-performance industries. A specialised adhesive developed by Kiilto plays a crucial role in the integrity and performance of these innovative panels. These structures are highly corrosion resistant and comply with stringent fire safety standards, making them a reliable and versatile solution for various industrial applications. Inspired by the natural geometry of a beehive, Potma’s honeycomb structures are ideal for weight-sensitive applications and modular design solutions. Completely recyclable, these panels offer a sustainable solution with minimal hassle. Since there’s no need to remove adhesives or coatings, the panels can be recycled in their entirety, ready...
As of May 14, 2025, the share price of National Aluminium Company (NALCO) had witnessed a rise of 4.92 per cent, where the price stood at INR 173.48 (USD 2.08) as of 15:30 IST. The increase in the firm's stock price shows a positive upward trend during the current trading period. Is this an indication of the upward trend prevailing in the Indian aluminium industry? Image source: iStock Indian major aluminium key players have witnessed an increased stock price, which includes NALCO, Hindalco and Vedanta. However, among these key players, NALCO is deemed to have an increased stock price daily till May 14. On May 12, 2025, NALCO's share price went up by 7.12 per cent , trading at INR 168 (USD 1.98) from its previous close on May 10, 2025. This intraday performance indicates strong market...
Advance Central PA, the regional workforce development board, is proud to announce that Chance Aluminum Corporation of Williamsport has received a Governor's Achievement Award. Presented jointly by the Pennsylvania Workforce Development Association and the Department of Labor and Industry, this prestigious award honours companies with exceptional commitment to workforce development, community engagement, and economic growth throughout the Commonwealth. Chance Aluminum was recognised for its strong partnership with PA CareerLink, which has been instrumental in supporting the company's expansion and enhancing employee skill development opportunities. "At Chance Aluminum, our commitment to innovation and growth extends beyond our products – it's reflected in our people," stated Sara Oleck,...
The Meghalaya High Court has ordered the state government to launch a fresh tender for supplying aluminium roofing sheets to families below the poverty line (BPL), with a three-month deadline. Justice Hamarsan Singh Thangkhiew cancelled the September 2024 Notice Inviting Quotation (NIQ) and the work orders awarded to Meghalaya Roofing and Power Roofing. Image source: indiamart The court instructed the state to issue a fresh NIQ with clear requirements and complete the process within three months. It also dismissed the writ petitions by Manaksia Aluminium Company Limited, with parties bearing their costs. The court questioned whether amending the clauses or maintaining the Meghalaya Industrial and Investment Promotion Policy (MIIPP) registration requirement changed the eligibility...
As of the end of April 2025, aluminium inventories at Japan’s three major ports — Yokohama, Nagoya and Osaka — have reached 320,300 tonnes, up 3.4 per cent from March’s 309,700 tonnes, according to Marubeni Corp data. In parallel, as disclosed previously, the import premium for primary aluminium shipments into Japan plunged 20 per cent quarter-on-quarter to USD 182 per tonne in Q2 2025, the first quarterly decline in five quarters, based on nine trades concluded between March 24-27, as reported by S&P Global Platts and Reuters sources. Meanwhile, domestic consumption fell 3.3 per cent to 3.35 million tonnes in the January-November 2024 period. Building sector demand slid 7.7 per cent to under 350,000 tonnes, and automotive usage dropped 4.1 per cent to 1.45 million tonnes, per Japan...
This article highlights the sharp contrast between South and North America’s alumina production, offering an in-depth analysis of the region’s market dynamics against the backdrop of prevailing tariffs. In the first quarter of 2025, the total production of alumina across the Americas showed a downward trend compared to both the previous quarter and the same period last year. Data from the International Aluminium Institute reveals that output totalled 1.36 million tonnes, marking a 1.9 per cent decline from the previous quarter and a 0.87 per cent drop year-on-year. Of the total alumina production in Q1 across the Americas, North America accounted for 72 per cent with 979,000 tonnes of output, while South America contributed the rest with 381,000 tonnes. IAI data indicates alumina...
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US President Donald Trump knows how to keep the headline game strong. Under a recent stint, Trump kept a surprising proposal of turning a luxury jet gifted by Qatar (Boeing 747) to him into a replacement for Air Force One. The announcement was made by Trump on Sunday, stating that the Defence Department would be receiving a "GIFT, FREE OF CHARGE," in the form of a 747 aircraft to replace the 40-year-old Air Force One temporarily. While the gesture could raise significant ethical concerns due to the jet's value, it also prompts serious questions about the security of an aircraft potentially used by the President to maintain continuity of government during an emergency. Current and former officials told CNN that the project could cost hundreds of millions of dollars and take up to two years...
Officially going ex-dividend as of May 12, 2025, Norsk Hydro ASA has plans for a payout of NOK 2.25 per share for the financial year 2024. The action of the global behemoth offers a window into the financial fortitude of one of the most vertically integrated aluminium companies amid ongoing global market turmoil. Hydro’s dividend was approved at the company’s Annual General Meeting held on May 9, with a record date set for May 13 and payment scheduled on May 20, 2025. The NOK 2.25 dividend translates into a yield of approximately 4.8 per cent at the stock’s May 9 closing price of NOK 46.70 on the Oslo Stock Exchange. This payout sits at the upper end of Hydro’s long-standing capital return policy, targeting 50 per cent of adjusted net income, highlighting continued confidence in the...
With the global demand for recycled aluminium surging, what holds the future of the UAE's recycled aluminium? Owing to this, Emirates Global Aluminium (EGA) has been constructing the largest aluminium recycling plant in UAE which commenced on November 21, 2023. On May 13, 2025, the firm announced the completion of 50 per cent of the construction, 42 days ahead of the scheduled timeline. The project, slated to come into operation in 2026 , will be the largest recycling plant in the UAE. Image source: media.ega.ae This recycling plant is built next to another smelter plant of the firm in Al Taweelah. The construction of the new recycling plant will enable the firm to recycle approximately 170,000 tonnes per year. At the milestone of completing 50 per cent of the plant construction, a total...
On the journey to sustainable manufacturing, Stormtech, a pioneer in architectural drainage solutions, has taken a significant step by integrating Capral Aluminium's LocAl® Super Green aluminium into its Wave Grate product. The initiative was announced in Australia as part of the company's ongoing commitment to reduce environmental impact through low-carbon material choices and responsible design practices. Image source: capral Capral’s LocAl® Super Green aluminium offers a notably low carbon footprint of just 4kg CO₂e per kilogram, roughly three times lower than the global average. Using such aluminium ensures the Wave Grate maintains its premium performance while dramatically lowering its embodied carbon footprint. The Wave Grate itself is known for its sleek linear profile and...
Pure Aluminum, a rapidly growing aluminium processor headquartered in Saranac, Michigan, is teaming up with industry leaders Traxys and Consortium Metals in a powerful new joint venture. Together, this partnership is set to transform aluminium recycling by turning scrap into high-value, sustainable products—delivering essential materials to a wide array of industries and driving forward a more circular economy. Traxys brings global expertise in the physical trading of metals and natural resources, while Consortium Metals adds deep market knowledge in secondary aluminium sales and marketing. As part of the new partnership, Pure Aluminum will oversee and expand operations at its state-of-the-art production facility in Saranac, Michigan. Traxys will take the lead on global sourcing and...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter on a single site, released its financial results for the first quarter of 2025, marked by strong revenue growth but compressed margins due to rising production costs. Topline surge powered by price and premium upswing Alba recorded a 22.2 per cent year-on-year (Y-o-Y) increase in revenue, reaching BHD 408.9 million (USD 1.09 billion) in Q1 2025 compared to BHD 334.6 million (USD 889.8 million) in Q1 2024. The growth was driven by a 20 per cent Y-o-Y rise in LME aluminium prices, averaging USD 2,629 per tonne, alongside a 38 per cent jump in regional premiums. However, the revenue bump failed to translate into bottom-line strength. Gross profit dropped by 11.3 per cent Y-o-Y to BHD 50.8 million (USD 135.1 million), and...
