Nanshan Aluminium International Holdings has reported that overseas alumina prices averaged around USD 321 per tonne in the first nine months of 2026, down approximately 22 per cent year-on-year. The update highlights a third-quarter (Q3) price recovery following a subdued first half, supported by new overseas aluminium smelting capacity and supply constraints at some alumina refineries. The update centres around the unaudited nine-month results of Nanshan Aluminium International’s controlling shareholder, Shandong Nanshan Aluminium Co., Ltd., for the nine-month period ended September 30, 2026. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook "...
The government’s promise to reindustrialise the UK economy has fallen at the first hurdle, according to the President of the Confederation of British Metalforming (CBM). Stephen Morley, a manufacturing veteran of more than 40 years, believes the Chancellor missed a critical opportunity to support manufacturers, tackle crippling energy costs and, importantly, create the economic conditions to help industry grow. He believes Labour missed a golden chance to demonstrate it understands the pressures facing companies on the shopfloor and thousands of management teams on the frontline of the UK economy. “There is nothing in this Budget that comes close to addressing the challenges facing our members and UK manufacturing in general,” explained Stephen. “Most disappointingly, there is no...
Grow with
AL Circle
Me & the Bees Lemonade, a trailblazer in sustainable beverage production and a passionate advocate for pollinator protection, is celebrating its 15th anniversary with a sustainable packaging transformation. The company is making the shift from glass bottles to 100 per cent recyclable, sleek 12-ounce aluminium cans for its line of all-natural lemonades. Cheers to 15 years of success! Same great taste, now in convenient, sustainable packaging for on-the-go enjoyment. Royal mission with a sustainable strategy Founded with a mission to help save the bees, Me & the Bees has consistently championed sustainability. This packaging transition further enhances the brand's environmental commitment by moving from an already eco-conscious option to an even more sustainable one with aluminium cans....
The story of Lakshmi Venu, the managing director of Sundaram-Clayton Ltd (SCL), is a testament to the legacy's strides. Despite being the daughter of two business giants, she has proven herself a worthy leader in the production company of aluminium and manganese cast for automotive sector — SCL with utmost dedication and strategic decisions. Born in 1983 (41 years old), a fifth-generation businesswoman, Lakshmi, completed her schooling at Chennai's Sishya School and went for her degree in Economics at Yale University. She also has a doctorate in engineering management from the University of Warwick. A multi-step demerger and restructuring of the erstwhile Sundaram-Clayton over the past year has put the next generation of the family firmly at the wheel. Venu is the MD of a modified...
Aluminium Bahrain B.S.C. (Alba) has taken significant steps toward exploring a potential merger with the Saudi Arabian Mining Company (Maaden), appointing several top-tier advisors to guide the due diligence process. In a disclosure to the Bahrain Bourse, Alba confirmed the appointment of Moelis & Company UK LLP as its financial advisor, Hatch as its technical advisor, and McKinsey & Company to provide commercial guidance. PricewaterhouseCoopers Bahrain Ltd. will serve as financial and tax advisors, while Teneo will handle public relations. Freshfields Bruckhaus Deringer LLP has been named the legal advisor for the process. Alba reiterated its commitment to transparency and adherence to all regulatory requirements, assuring that updates will be provided as the evaluation progresses. With...
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter outside China, has expanded its leadership team by appointing a new Chief Human Resource Officer (CHRO). Fahad Mohamed Abdulla Danish, joining on October 27, 2024, will spearhead Alba's human resources strategy, supervising talent acquisition and recruitment. Alba's new Chief Human Resources Officer - Fahad Mohamed Abdulla Danish Fahad will bring a pool of knowledge and success in human resource management acquired from 15+ years of experience. He will also oversee workforce planning and succession planning, ensuring fitting compensation and benefits are provided. Before joining Alba, Farhad held senior leadership positions at prominent Bahraini companies, including Beyon (Bahrain Telecommunications Company), Bahrain...
From food & beverage, pharmaceutical, and cosmetics packaging to industrial applications such as insulation in the electrical and aerospace industries or vehicle components, aluminium foil is one product in many roles, meeting the needs of a broad spectrum of end-user industries. Thus, this thinly rolled aluminium product boasts enormous global demand, showcasing a whopping figure of its usage at 6.1 million tonnes in 2023. The country that primarily drives this usage, with extensive production capabilities, is China, the world’s largest producer, consumer, and exporter of aluminium foil, which alone accounts for about 48 per cent of the global foil usage and 63 per cent of the world’s foil production capacity. This article will explore the names that lead the aluminium foil market in...
According to an announcement from the Ministry of Ecology and Environment (MEE), China will permit the import of recycled aluminium and copper materials that meet specified standards starting November 15, 2024. This move is part of China's broader efforts to drive the high-quality development of its metals recycling sector, reflecting the country's commitment to sustainability and resource efficiency. The ministry clarified in a statement that recycled copper and aluminium materials that adhere to the required guidelines will no longer be classified as solid waste. This distinction will allow for the unrestricted import of these materials, streamlining the process for international trade and promoting the recycling industry's growth. This policy shift underscores China's increasing focus...
In a significant partnership aimed at transforming India's B2B eCommerce landscape, Accel and IFC-backed Bizongo have signed a Memorandum of Understanding (MoU) with National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise (CPSE) and one of the country's largest producers of bauxite, alumina, aluminium, and power. Purpose of the MoU signed Through its advanced B2B eCommerce platform, BizongoBuy, and embedded finance solutions, BizongoFin, Bizongo will distribute a variety of non-ferrous products from NALCO, including ingots, T. ingots, sows, billets, and wire rods. This partnership aims to meet the growing demand for aluminium across industries such as power, engineering, transportation, construction, wires and cables, and extrusion. Sachin Agrawal,...
Iran's alumina powder production reached 96,685 tons in the first five months of the current Iranian calendar year, running from March 20 to August 21, as reported by the Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO). Despite ongoing economic and geopolitical challenges, this steady output reflects the country's commitment to maintaining a robust position in the global alumina market. The alumina sector, vital for Iran's aluminium industry, continues to play a key role in the country's industrial strategy. In 2023, it was reported that 80 per cent of Iran's domestic demand for alumina was met through imports, which cost $1 billion annually. On the global stage, alumina prices have shown signs of strengthening, driven by supply constraints and...
The Maritime Safety Authority of Fiji (MSAF) has confirmed that the removal of two derelict bauxite vessels from the Naiviqiri jetty in Bua is set to take place soon. MSAF Chief Executive Joeli Cawaki shared this update with FBC News, noting that the vessels are among those prioritised for removal due to safety concerns and potential environmental risks to the nearby fishing grounds, which support several coastal villages in Naiviqiri. The ships, formerly used to transport bauxite, have been abandoned at the jetty since mining operations ceased in Nawailevu, Bua. While MSAF is fully aware of the situation, some final steps still need to be completed before removing the vessels. "The two ships in Naiviqiri will be removed; it is in our lists, so this also applies to all other derelict...
Qatar Aluminium Manufacturing Company (Qamco) posted a 21 per cent increase in profits for the first nine months of 2024 despite rising raw material costs. By the end of September, the company's profit reached QR427.7 million ($117.3 million), up from QR353.5 million during the same period in 2023. According to figures released by Qamco and posted on the Qatar Stock Exchange on October 23, 2024, earnings per share rose to QR0.077 in the third quarter of 2024, compared to QR0.063 in the same quarter last year. Although the company's average selling prices slightly declined compared to 2023, it successfully boosted profits by optimizing operational costs and increasing sales volumes. Qamco, which is 51 per cent owned by QatarEnergy, with the remaining 49 per cent publicly listed, ranks...
To provide safer and easier commutation solutions for the outdoors, a Massachusetts-based brand, Alummikon, has come up with above-ground walkways and bridges, which are skillfully contrived elevated structures designed to provide accessibility over formidable terrains, such as waterways, uneven landforms, etcetera. Made from sustainable aluminium, these products are, on one hand, sturdy and lightweight and, on the other, are also recyclable, minimising dumping possibilities and reducing the environmental footprint. The design of the walkways and bridges leaves space for the continued growth of natural vegetation beneath them while providing skid-resistant passage for pedestrians. Keeping footfall above exposed ground areas, these walkways help in the prevention of soil erosion and...
Gränges, a global leader in aluminium engineering and manufacturing, has reported a strong performance in its third-quarter 2024 interim results, driven by increased market share and strategic sustainability efforts. Despite some pressures on profitability, the company delivered robust growth in sales volume and demonstrated continued progress toward its environmental targets. Jörgen Rosengren, Gränges' CEO, stated, "In the third quarter, we saw good demand in HVAC, speciality packaging and other niches, markets affected last year by excess inventory. On the other hand, demand from automotive customers weakened noticeably after the summer. Against that background, we are happy to see that the stronger sales focus we have had since 2023 has continued to drive growth. We increased our share...
Hydro has decided to reduce its stake in Vianode, a synthetic graphite producer based in Norway, from 30 per cent to 19.9 per cent. On September 6 , private equity fund Altor exercised a put option requiring Hydro to buy an additional 20 per cent of Vianode. However, this transaction did not proceed. Instead, Hydro and Altor reached an agreement to cancel the put option, and Hydro subsequently sold 10.1 per cent of its shares in Vianode to Altor. As a result, Hydro now holds 19.9 per cent of Vianode and will be stepping down from its position on the company's Board of Directors.A put option is a financial contract that grants the buyer the right, but not the obligation, to sell a specified quantity of an asset at a set price, known as the strike price, within a predetermined time frame...
Shanxi Coking Coal Energy Group Co., Ltd. has announced a major acquisition, securing prospecting rights for coal and bauxite resources in the city of Lvliang. The deal, valued at RMB 24.7 billion ($3.46 billion), represents a significant expansion of the company's resource portfolio. The acquisition is expected to bolster Shanxi Coking Coal's strategic position in the energy and raw materials sector as the company continues to enhance its influence within China's resource-rich regions. The move aligns with broader industry trends of securing essential materials to meet growing energy and industrial demands. Lüliang, also spelt Lvliang or Lyuliang, is a prefecture-level city in western Shanxi province, People's Republic of China. The region is rich in natural resources, with over 90 per...
Sakuu®, a leading provider of commercial-scale battery manufacturing equipment and technology, has announced a joint development agreement with ELEQTRION, a Quebec-based innovator in aluminium-ion battery technology. The collaboration will capitalise on Kavian’s cost-effectiveness and reduced carbon footprint to drive advancements in sustainable energy. By combining Sakuu’s Kavian™ platform with ELEQTRION’s specialised battery electrodes, the partnership aims to accelerate the development of aluminium-ion batteries for a range of applications, from small to large-scale energy storage and e-mobility solutions. As global demand for reliable and sustainable energy storage continues to rise, the development of alternative battery chemistries has become essential. Robert Bagheri, founder and...
Vedanta Aluminium has taken a plunge into improving its coal transportation at its smelters in Jharsuguda, Odisha, Korba, and Chattisgarh by introducing the Bogie Open Bottom Rapid Discharge Railway Wagon with pneumatic door opening actuators (BOBRN) into the logistics system. This strategic move, a part of the General Purpose Wagon Investment Scheme (GPWIS) initiated by the Indian Railways, is expected to enhance operational efficiency throughout Vedanta’s upstream aluminium ecosystem and accelerate sustainability objectives by reducing emissions and operative costs. Vedanta Aluminium has included four BOBRN rakes and, going ahead, intends to add four more. The BOBRN railway wagons are most often used to transport a bulk amount of coal between various locations. Each wagon can hold 56...
Transnet National Ports Authority (TNPA) has entered into a 15-year lease agreement with South32 Hillside Aluminium, ensuring the continued operations of South Africa's sole primary aluminium producer at the Port of Richards Bay in KwaZulu-Natal. Hillside, the largest aluminium smelter in the southern hemisphere, produces high-quality primary aluminium for both domestic and international markets. "The Hillside Aluminium 15-year lease agreement is facilitated through a process stipulated in Section 79 (1) of the National Ports Act No 12 of 2005, which empowers TNPA to control land use within the port in alignment with the Port Development Framework Plan (PDFP)," said the company. TNPA stated that the premises are designated for commercial and industrial use, aligning with strategic...
A custom superyacht builder company from Australia has commenced construction of the largest aluminium-hulled catamaran in the world. Echo Yacht, a company based out of Henderson, has begun work on the ASC57 in its superyacht construction facility in the Western Australia's Australian Marine Complex. They have joined forces with prominent Dutch sailing yacht designers - Dykstra Naval Architects, who are providing the yacht's exterior's make, layout and naval architecture with an enviable list of project credentials, including their iconic sailing yacht projects such as S/Y Black Pearl and S/Y Hetairos and Australia's leading aluminium multihull specialists - One2Three Naval Architects. Mark Stothard, Owner and Director of Echo Yachts stated when the project was announced, "This new...
