Russian aluminium producer Rusal has reached an agreement with Ghana's state-owned Ghana Integrated Aluminum Development Corporation (GIADEC) to jointly develop bauxite mining and alumina refining projects, marking a significant step towards expanding the country's domestic aluminium value chain. Under the agreement, the projects will be implemented through two joint ventures in which Rusal will hold majority stakes. The proposed developments include bauxite mining operations with annual production capacity of up to 5 million tonnes and an alumina refinery capable of producing 1.2 million tonnes annually. The projects will target the Nyinahin bauxite deposit in southwest Ghana, where estimated resources exceed 100 million tonnes, according to Rusal. The agreement was announced during a...
Romania’s aluminium can recycling rate increased to 80.5 per cent in the first nine months of 2026, compared with 75 per cent in the same period last year, according to data published by RetuRO, the administrator of the country’s Deposit Return System (DRS), and analysed by Every Can Counts. The number of aluminium cans returned between January and September was 6.3 per cent higher than in the corresponding period of 2025. The return rate also improved to 85 per cent from 82 per cent a year earlier. Aluminium cans were the only packaging category to record growth in the first nine months of 2026, as the total number of deposit-bearing containers placed on the market declined by 2.4 per cent. The number of cans placed on the market increased by 2 per cent, while plastic and glass packaging...
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Constellium has officially inaugurated its new advanced recycling centre at its Neuf-Brisach facility in France. The €130 million investment, bolstered by the France Relance investment program, is a significant milestone for the company. It reinforces its presence in the automotive and packaging sectors while advancing its commitment to a circular and sustainable economy. The new centre will boost the plant's capacity to recycle automotive and packaging materials by up to 75 per cent, adding an impressive 130,000 tonnes to its operations. This expansion will also enable Constellium to increase the recycled content of its products, aligning with the growing demand for environmentally responsible materials in both the automotive and packaging industries. With this latest development,...
Canyon Resources Limited has reached a major milestone by signing the Mining Licence for its Minim-Martap Bauxite Project in Cameroon. This development comes shortly after the July 2024 Mining Convention's approval, highlighting Cameroonian authorities' strong backing. Canyon Resources' Chief Executive Officer, Jean-Sebastien Boutet, and the Interim Minister of Mines, Industry and Technological Development, Professor Fuh Calistus Gentry, attended the official signing ceremony. With the Mining Convention and Licence secured, Canyon Resources and its subsidiary, Camalco SA, are now authorised to mine and export bauxite and alumina from Minim Martap. The company is fully prepared to embark on a comprehensive pipeline of activities over the next 12 months, including developing port and rail...
On Monday, September 16, the LME aluminium benchmark price witnessed a leap of US$100 per tonne, reaching above US$2,500 per tonne after precisely three weeks. Only over a night, LME aluminium cash bid price and LME aluminium official settlement price shot up by US$100.50 per tonne and US$100 per tonne to stand at US$2,504.50 per tonne and US$2,505 per tonne, respectively. According to various analyses, the prices rose through key resistance levels – 1) lower inventories, 2) a weaker dollar, and 3) expectations that the US Federal Reserve will announce a bigger rate cut. With the latest cut, the LME aluminium benchmark price demonstrated a month-on-month increase of US$211.50 per tonne from US$2,293.50 per tonne. On the same day, the 3-month bid price and 3-month offer price arrived at...
Aluminium Bahrain B.S.C. (Alba) has taken a major step towards reshaping the global aluminium landscape. In its meeting on September 16, 2024, the company’s Board of Directors approved entering into a non-binding agreement with Saudi Arabian Mining Company (Maaden) to begin due diligence on a potential business combination. This strategic partnership will position the merged entity as one of the world’s largest aluminium producers. The combination is set to deliver significant synergies, including expanded production capacity, a strengthened global presence, enhanced ESG (Environmental, Social, and Governance) performance, and improved energy security. By creating a vertically integrated aluminium giant, the collaboration promises to unlock substantial shareholder value, cementing its...
In the first half of 2024, the United States experienced a sharp fall of 39,000 tonnes or 11.50 per cent in its primary aluminium production compared to the same period of the previous year. The drop was consistent each month, averaging a decrease of 7,000 tonnes to 8,000 tonnes per month from January to June 2024. The United States' total production of primary aluminium through the first half of 2024 amounted to 339,000 tonnes versus 378,000 tonnes a year ago. In June 2024, the United States' primary aluminium production was 55,000 tonnes, down by 7,000 tonnes or 11.29 per cent from 62,000 tonnes a year ago. On a month-on-month basis, the output dropped by 2,000 tonnes from 57,000 tonnes. In the second quarter of 2024, the output amounted to 167,000 tonnes, down by 5,000 tonnes from...
Europe's second-largest carmaker, Stellantis NV, is standing firm against potential efforts by the European Union to delay the implementation of stricter emissions regulations scheduled for next year. The company's stance signals a brewing conflict with other manufacturers who may favour postponing the environmental targets. As the EU mulls adjustments in the face of ongoing industry pressures, Stellantis' position underscores the carmaker's commitment to meeting the climate goals on time, setting up a potential divide within the automotive sector over the future of emissions policy in the region. Stellantis's Chief Executive Officer Carlos Tavares said, "It would be surreal to change the rules now." Moreover, Tavares added, “Stellantis has prepared EVs and has established the ability to...
The United States bauxite imports in the second quarter of 2024 decreased year-on-year in response to a lower demand for raw materials on account of reduced output of primary aluminium during the same period. According to the United States Geological Survey, the United States' bauxite imports fell 28 per cent Y-o-Y, while primary aluminium production dropped 12 per cent in Q2 2024. The annual drop in the United States Q2 bauxite import volume also led to a fall in the total imports through H1 2024. From 1.2 million tonnes in H1 2023, the United States bauxite imports decreased to 1.03 million tonnes in H1 2024, reflecting a 14.17 per cent Y-o-Y fall. In Q2 2024, the United States bauxite imports stood at 527,000 tonnes, down by 28 per cent from 733,000 tonnes in Q2 2023. However, on a...
According to the National Bureau of Statistics (NBS), China’s aluminium production in August 2024 stood firm, marking an annual growth of 2.5 per cent. Attributed to solid profits due to increased aluminium prices, smelters in the domestic market scaled up their production to 3.73 million tonnes during the said month. According to NBS, the output volume marked a two-year high. However, the daily average production dipped month-on-month from 122,333 tonnes to 120,322 tonnes, based on Reuters’ calculation. The strong output this year was due to increased operations by smelters in some of the main Chinese primary aluminium production hubs, especially in Yunnan where metal output rose due to ample hydropower supply. For the interim period, prices in the Chinese domestic market fell due to...
On Friday, September 13, the LME aluminium benchmark price continued to grow for the fourth day in a row and exceeded the US$2,400 per tonne level. The LME graph movement suggests the LME aluminium cash bid price and LME aluminium official settlement price increased by US$14 per tonne and US$14.50 per tonne, respectively, to close the week at US$2,404 per tonne and US$2,405 per tonne. With the latest rise, the LME aluminium benchmark price recorded a month-on-month increase of 4.86 from US$2,293.50 per tonne. 3-month bid price and 3-month offer price stood at US$2,421 per tonne and US$2,421.50 per tonne, marking a growth of US$11.50 per tonne from September 12. December-25 bid price and December-25 offer price ascended by US$11 per tonne to reach US$2,522 per tonne and US$2,533 per tonne,...
On September 15, 2024, Alcoa Corporation announced that it had entered into a binding share purchase and subscription agreement with Saudi Arabian Mining Company (Ma’aden). Under this agreement, Alcoa will sell its entire 25.1 per cent ownership stake in their joint venture to Ma’aden for approximately $1.1 billion. The transaction includes roughly 86 million Ma’aden shares, valued at $950 million based on the 30-day volume-weighted average share price as of September 12, 2024, along with an additional $150 million in cash. The joint venture, established in 2009 as a fully integrated mining complex in Saudi Arabia, now consists of two entities: the Ma’aden Bauxite and Alumina Company (MBAC), which operates the bauxite mine and alumina refinery, and the Ma’aden Aluminium Company (MAC),...
John Slaven, CEO of Vedanta Aluminium, has submitted his resignation from the post, effective September 30, 2024, according to an exchange filing on September 14. Slaven, who took on the role in October 2023, is stepping down citing personal reasons. However, the company has not yet named his successor. John Slaven brings over three decades of expertise in the metals, mining, and modern manufacturing industries. Before joining Vedanta Aluminium, he held the position of Executive Vice President and Chief Operating Officer at Alcoa, where he was responsible for the company's Bauxite, Alumina, and Aluminium operations. He has also held prominent executive roles at BHP Billiton, The Boston Consulting Group, and The De Beers Group of Companies. Earlier in his career, he served as a...
Every Can Counts, a prominent non-profit organisation working to raise awareness about the importance of aluminium cans recycling, has made a significant impact at festivals across the UK and Ireland by helping attendees recycle over 100,000 aluminium cans. This marked a Y-o-Y increase of 59 per cent while raising awareness about the importance of recycling. Over the past few months, 62 ambassadors from the non-profit organisation participated in numerous events, including the Download Festival, the Red Bull Soapbox Race, the Stendhal Festival, 2000 Trees, and the Latitude Festival. At each event, the team employed creative methods to collect aluminium cans, such as custom-designed recycling backpacks, striking cage installations, and festival-themed voting bins. Ambassadors at Download...
According to the Statistical Institute of Jamaica, the Caribbean Island nation's mineral export earnings surged by 27% during the first four months of the year, driven primarily by increased alumina exports. From January to April, the island's Mining and Quarrying sector earned US$206.5 million in export revenue. Alumina exports played a key role in this growth, reaching US$183.9 million, a 40 per cent rise from the US$131.4 million earned in the same period last year. However, the sector did face a slight setback with bauxite exports, which fell by 5.6 per cent to US$20.6 million, providing a balanced view of the sector's performance.
Currently, if anything is grabbing the maximum attention in the upstream aluminium sector, it is the unprecedented price surge in China's alumina prices. Both domestic and imported prices have skyrocketed over the week, transforming the market dynamics and raising concerns among primary aluminium producers about escalating production costs. According to the Shanghai Metals Market survey, China's domestic average alumina price has skyrocketed by RMB 1,035 per tonne on a year-on-year comparison, reaching RMB 3,968 per tonne as of September 13. The significant growth phenomenon primarily started in late August on account of excessive demand due to increasing primary aluminium production, coupled with production disruption of the ore due to bauxite supply constraints. The imported alumina FOB...
Alunet Systems, one of the leading aluminium systems suppliers in the UK, is excited to announce the entry of its premium ALUNA product range into the southwest region. This was made possible owing to the recent collaboration with Exeter Trade Aluminium. This collaboration will enable Exeter Trade Aluminium to supply ALUNA aluminium doors, windows, and roof lights across Devon, Cornwall, and Wiltshire. Alunet Systems has developed the ALUNA range to offer a luxurious, modern solution that combines sleek designs with ease of fabrication and installation. The range features stunning sightlines, precision engineering, and uncompromised quality and reliability. Commenting on the partnership, Exeter Trade Aluminium Nick Sandbrook said, “We are delighted to partner with Alunet and add the ALUNA...
China's primary aluminium production and supply remained stable in August 2024 without being affected by power shortages in Sichuan, found the Shanghai Metals Market survey. According to SMM data, China's primary aluminium production in August marginally grew month-on-month from the previous month's high by 0.16 per cent, indicating a steady operational scenario. At the end of August, the domestic operating capacity was 43.49 million tonnes versus 43.42 million tonnes a month ago. SMM further showed China’s primary aluminium production volume stood at 3.689 million tonnes in August versus 3.683 million tonnes in July 2024. Annually, the August output recorded an increase of 18 per cent. From January to August 2024, China's total primary aluminium production amounted to 28.545 million...
Goldco® Security has recently been recognised as the National Security Screen Association (NSSA) Medium Business Winner for 2024, underscoring its leadership in the industry. As part of its commitment to sustainability and social responsibility, Goldco® has adopted Capral's LocAl® Super Green low-carbon aluminium for its Amplimesh® Security range. This move highlights Goldco®'s dedication to environmental stewardship and positions it at the forefront of sustainability in the security screen manufacturing sector. Capral's LocAl® Super Green aluminium, produced using hydroelectric power, boasts an impressive low embodied carbon footprint of just 4kg CO2 per 1kg of aluminium. This makes it one of the most environmentally friendly primary aluminium options available. By incorporating this...
An aluminium extrusion plant in Columbiana County, Ohio, reported an explosion on Thursday evening, shortly after 8 pm. The incident happened at Zarbana Aluminum Extrusions due to a leak during the pouring of aluminium billets, resulting in severe burns to one employee from hot molten metal. A total of three workers were affected by the tragedy, of which one person was immediately airlifted to Mercy Hospital in Pittsburgh, while the other two were transported to St. Elizabeth downtown. Due to the leak and fire outbreak, nearby pallets and other flammable materials were ignited, but firefighters extinguished the flames promptly. Thankfully, there was no report of death cases. Zarbana Aluminium Extrusions has three press lines – Pg600, P2500, and P1800. The press line Pg600 extrudes...
