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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Futures Market: Overnight, the most-traded alumina 2509 futures contract opened at RMB 2,841 per tonne, reaching a high of RMB 2,898 per tonne and a low of RMB 2,804 per tonne, before closing at RMB 2,886 per tonne, up RMB 46 per tonne or 1.62 per cent, with open interest at 304,000 lots. Ore : As of May 13, the SMM Import Bauxite Index stood at USD 70.78 per tonne, down USD 2.83 per tonne from the previous trading day, primarily due to a decline in overseas transaction prices. The SMM Guinea Bauxite CIF average price was reported at USD 70 per tonne, down USD 1.50 per tonne from the previous trading day. The SMM Australian Low-Temperature Bauxite CIF average price was reported at USD 75 per tonne, down USD 5 per tonne from the previous trading day. The SMM Australian High-Temperature...
On National Technology Day 2025, Vedanta Aluminium announced a patent for its breakthrough tech that recovers 99 per cent pure graphite from aluminium waste, aligning with this year’s theme, YANTRA, by turning waste into a strategic resource. Vedanta’s solution recovers usable graphite from aluminium industry waste, turning a challenge into a resource. This method showcases Indian industry’s deep-tech capabilities, supporting missions like Atmanirbhar Bharat, Critical Minerals and Net Zero goals. Vedanta Aluminium’s in-house R&D team, with CSIR-IMMT Bhubaneswar, developed the patented process to extract battery-grade graphite from aluminium waste like Spent Pot Lining and Shot Blast Dust. This supports India’s circular economy goals and can reduce over 70 per cent dependence on imported...
They say "Old is Gold". Well, this is indeed true for the brands in question as Rio Tinto and Sumitomo Metal Mining (SMM), who are old allies since 2000, have signed a definitive agreement for conducting the Winu Project joint venture. The striking partnership between the two firms emerged for delivering the Winu copper-gold project based in the Great Sandy Desert region of Western Australia. What's this project going to hold for the mining industry globally? Image source: weforum.org Rio Tinto, a British-Australian multinational company also known to be the world's second-largest metal and mining corporation, had discovered a long-life copper-gold deposit back in 2017. Owing to those deposits discovered, the Winu Project came into the light, making the discovery an opportunity to expand...
A study commissioned by the UK’s Can Makers shows the generation gap in recycling, with 18- to 34-year-olds still lagging behind older generations when it comes to recycling their beverage cans. In this piece for The Metal Packager, Tim Conybeare, chairman of the Can Makers, discusses some of the findings of the latest research and campaigns designed to improve younger consumers’ understanding of circularity and the important role recycling plays in achieving a more circular economy. While more than four in five aluminium beverage cans are being recycled in the UK, Conybeare writes: “There is still work to do to ensure those consumers who purchase cans most frequently recycle more of their used packaging.” Two thirds of consumers believe cans are the most circular – but are we all...
China and the US struck a trade deal on May 12 in Geneva, prompting a collective sigh of relief from businesses and exporters, not just at home, but across the globe. After almost 90 days of retaliatory tariffs and spiralling economic tension, this long-awaited breakthrough spells hope for the aluminium sector that had been buckling under pressure. This AI-generated image is for representational purposes only Aluminium imports into the US from China peaked in 2022 but have trended downward since. The ongoing calendar year has only intensified the decline , as trade tensions escalated. While the original optimism around steel and aluminium tariffs centred on strengthening domestic production business, the compounding layers of tariffs, first by the US, and then countered by other nations,...
Novelis Inc., the premier manufacturer of flat-rolled aluminium goods and the world’s largest recycling company, has announced its financial performance for the fourth quarter and fiscal year 2024-25. As per the records, strong shipments throughout the year backed by increased demand for beverage packaging continue to remain the fundamental strength of the business. Q4 2025 highlights Net sales for the fourth quarter of fiscal year 2025 rose by 13 per cent Y-o-Y to $4.6 billion from $4.1 billion, primarily due to higher average aluminium prices and a 1 per cent increase in total rolled product shipments, reaching 957 kilotonnes. Stronger demand in beverage packaging, aerospace and specialty products helped drive growth, partially offset by a decline in automotive shipments. Net income...
A global leader-manufacturer of proprietary automotive solutions and systems, Uno Minda, announced on May 9, 2025, its plan to develop a new manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana. For the successful development of the new manufacturing plant, the board of directors have approved the total investment of INR 200 crore (USD 24.39 million). Image source: Autocar Professionals The firm reports that the new manufacturing plant has been strategically set up in Haryana as it will aid them in meeting the growing demand as well as in delivering the recent orders. As of now, the existing plant in Bawal has an installed annual production capacity of 1.5 million alloy wheels. The new plant in Bawal, Haryana, is expected to be operational in the second quarter of the...
Shares of India-based Baheti Recycling Industries Limited, a micro-cap company specialising in recycling aluminium scrap into various aluminium alloys such as ingots, cubes, shots, notch bars, and de-ox alloys, surged by up to 9.3 per cent on Monday following the announcement of a Memorandum of Understanding (MoU) with Minda Corporation Ltd. The company’s stock reached an intraday high of INR 639.55 per share ($7.67 USD), compared to its previous closing price of INR 585.00, pushing its market capitalisation to INR 658.40 crores ($79.02 million). Under this agreement, Baheti will supply 4,368 metric tonnes of aluminium alloy ingots during the financial year 2025–26, with the order valued at approximately INR 121 crore ($14.52 million). This collaboration represents a significant milestone...
After prolonged consultations and bilateral discussions with the United States regarding the 25 per cent tariffs on aluminium and steel exports, India has officially proposed the imposition of retaliatory duties under World Trade Organization (WTO) guidelines. These countermeasures, scheduled after 30 days from the notice, could take the form of suspending concessions previously extended to the US or adjusting tariff rates on select American imports. Through these measures, India aims to recover an estimated USD 1.9 billion, an amount it would require to pay to the US government for exporting USD 7.6 billion worth of aluminium and steel products. According to a WTO communication cited by a PTI report, "The safeguard measures would affect $7.6 billion worth of imports into the U.S. of...
Hydro is putting urban mining in the spotlight as an official supporter of the 19th International Architecture Exhibition of La Biennale di Venezia. At the exhibition, Hydro is featuring two collaborative projects made with 100 per cent recycled post-consumer aluminium, Hydro CIRCAL 100R, one of which is the core structure throughout the venue. Urban mining, defined simply as “the process of reclaiming raw materials from spent products, buildings and waste,” reframes the waste generated by cities and urban environments, viewing it as a highly valuable resource. Recycling and repurposing valuable building materials, such as aluminium, are at the very core of the urban mining methodology. “Raising awareness of low-emission, recycled aluminium among architects is key to lowering the...
On May 13, SMM A00 aluminium was quoted at RMB 20,010 per tonne, up RMB 200 per tonne from the previous trading day, with a RMB -20 per tonne spread against the May contract, down RMB 20 per tonne from the previous trading day. On the same day, SMM A00 aluminium (Foshan) was quoted at RMB 19,930 per tonne, up RMB 170 per tonne, with a RMB 95 per tonne discount against the current month and a RMB 35 per tonne discount against the next month (unit: RMB per tonne). According to SMM statistics, in terms of domestic aluminium billet inventory in two regions, the inventory of aluminium billet in Guangdong was 79,100 tonne, and that in Wuxi was 16,900 tonne, totalling 96,200 tonne, a decrease of 1,000 tonne M-o-M. Affected by the easing of Sino-US trade relations, the centre of aluminium prices...
In the dynamic and constantly evolving landscape of energy infrastructure, progress is driven by the synergy between engineering excellence and dependable materials. A prime example of this is the collaboration between PLP Australia and Capral Aluminium, whose combined expertise has been instrumental in advancing one of Australia's major energy projects—Project EnergyConnect. Project EnergyConnect (PEC) is a landmark 900-kilometre interconnector that unites the electricity grids of New South Wales, Victoria, and South Australia for the first time. The aluminium used in the busbars for Project EnergyConnect is sourced from Capral, not just as a supplier, but as a trusted long-term partner to PLP. Adam Talbot, General Manager of Sales and Marketing at PLP Australia, said, "If there is an...
Futures Market : Overnight, the most-traded alumina ag2509 futures contract opened at RMB 2,856 per tonne, with a high of RMB 2,866 per tonne, a low of RMB 2,825 per tonne, and closed at RMB 2,832 per tonne, down RMB 11 per tonne or 0.39 per cent, with open interest at 290,000 lots. Image for representational purposes only Ore market: As of May 12, the SMM Import Bauxite Index was reported at USD 73.61 per tonne, down USD 3.86per tonne from the previous trading day, mainly due to a decline in imported ore transactions. The SMM Guinea Bauxite CIF average price was reported at USD 75 per tonne, down USD 3.50 per tonne from the previous trading day. The SMM Australia Low-Temperature Bauxite CIF average price was reported at USD 80 per tonne, unchanged from the previous trading day. The SMM...
Following the publication of the UK Government’s draft legislation for a Carbon Border Adjustment Mechanism (CBAM), the Aluminium Federation (ALFED) has formally requested confirmation on whether an aluminium-specific impact assessment has been carried out under the UK CBAM policy framework. As of today, no formal response has been received. In response to the draft Tax Information and Impact Note published alongside the CBAM legislation, ALFED has welcomed the Government’s recognition of expected shifts in trade patterns. The note states: “CBAM is expected to increase UK trade in CBAM sectors with regions with low emissions intensive production or carbon pricing mechanisms and may decrease trade in these sectors with regions which have carbon intensive production or no carbon pricing...
The Indian aluminium market witnessed a strong upward trend on Monday, May 12, with significant gains in the stock prices of major players - NALCO, Hindalco, and Vedanta. Among these, NALCO emerged as the standout performer, with its stock price soaring by 7.4% over the weekend to surpass INR 168 (USD 1.98). Vedanta and Hindalco followed with gains of 7% and 3.8%, respectively. As of 2:36 PM IST, NALCO's share was traded at INR 168 (USD 1.98), representing a notable increase of INR 11.16 or 7.12% from its previous close on May 10. The intraday performance signaled strong market momentum and heavy buying interest. NALCO began the trading session at INR 162.39 (USD 1.91), up from its Friday close of INR 156.84 (USD 1.85). Throughout the day, it fluctuated between a low of INR 161.36 (USD...
A leading Indian producer of energy transition metal, Vedanta Group, on National Technology Day, i.e., May 10, 2025, promised to power India's technology and engineering sector. The firm aims to increase production of the transition metals alongside the value-added products. With this focus, the company is undertaking the expansion of its aluminium and zinc products, which shall further include a 30,000 tonnes per annum (kilo-tonnes per annum) plant of zinc alloys. Image source: Adobe The plan ahead Concerning the aluminium sector, Vedanta is looking forward to strategically increasing the share of its value-added products by over 90 per cent as their short-term plan. For this, the firm's board has permitted a total investment of USD 105 billion to support capacity expansion of both...
Icelandic metals analysis pioneer DTE and Dynamic Concept, a global supplier of molten metal process technologies and equipment to the aluminium industry, have announced a strategic partnership. The agreement will see the two companies work together to deliver complete solutions including DTE’s molten metal analysis solution and Dynamic Concept’s molten metal transfer solution into fully integrated units destined to aluminium producer customers. DTE’s laser-based solution enables composition analysis of molten metal in real time, combining the data with powerful AI to provide a real-time overview of the whole process. The technology represents a significant enhancement to the efficiency and process control capability, enabling customers to reduce both customers costs and carbon emissions....
Keep Louisiana Beautiful (KLB), an agency under the Office of the Lieutenant Governor, US, had initiated "Love the Boot Week" from April 5 to 13, 2025, for the annual litter removal and beautification. For this initiative to succeed, Coca-Cola partnered with KLB to recycle aluminium cans and plastic bottles, facilitated by the Osprey Initiative. Owing to this initiative, a total of 16,503 aluminium cans and plastic bottles have been recovered from the landfill, indicating an increase of 23 per cent from the previous year. Image source: keeplouisianabeautiful.org A little about Love the Boot Week This is regarded as one of the largest litter removal and beautification efforts, where the event is held in more than 64 parishes every year in April. The major aim of this event is to engage...
