North American aluminum demand returned to growth in the first half of 2026, but the recovery has exposed a widening gap between market consumption and domestic production. Rising imports of semi-fabricated aluminum products, particularly sheet, have supported regional demand as shipments from US and Canadian producers continue to weaken. According to preliminary industry estimates, aluminum demand across the United States and Canada increased 3.5% Year-on-Year through June 2026, reaching an estimated 13.57 billion pounds (6.16 million metric tonnes), compared with 13.12 billion pounds (5.95 million metric tonnes) during the corresponding period of 2025. The improvement marks a reversal from the previous year's contraction, although imports rather than stronger domestic mill shipments...
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...
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The global leader in aluminium rolling and recycling in selected niches, Gränges has officially joined the First Movers Coalition (FMC), a strategic move aimed at accelerating the decarbonisation of the aluminium industry. This initiative is crucial for Gränges as it seeks to secure access to low-carbon primary and recycled aluminium, a key factor in minimising the environmental impact of its products and achieving its ambitious 2040 net-zero target. The FMC, an initiative spearheaded by the World Economic Forum, represents a global coalition of companies committed to leveraging their purchasing power to drive down carbon emissions in heavy industries. This includes sectors such as aluminium, aviation, cement and concrete, steel, shipping, trucking, and advancements in carbon dioxide...
North Yorkshire Council has partnered with Podback, a coffee pod recycling service, to offer residents the option to recycle their aluminium or plastic coffee pods at household waste recycling centres (HWRCs). The initiative accepts not only used coffee pods but also tea, milk, and hot chocolate pods. Executive member for waste services, Cllr Greg White, stated, “We are excited to be working with Podback to introduce another recycling stream for residents at the HWRCs. Coffee drinkers can now enjoy their coffee knowing their pods can be recycled and used to make new products and renewable energy and improve the soil.” Plastic and aluminium pods must be collected separately to ensure proper recycling, as they are processed at different facilities. Once collected, the pods are sent to...
The Australian mining and exploration company based in Brisbane, Queensland, Metro Mining, is poised for significant growth as it moves towards increased production from Q4 2024. It has ambitious plans to expand its capacity to over 7 million tonnes per annum by 2025 and beyond. CEO Simon Wensley attributes the company's recent success to the strategic decision to mobilise and commission the offshore floating terminal (OFT) Ikamba. This key initiative was crucial in achieving record results in the second quarter. Despite its current market capitalisation of $231.64 million, Metro Mining remains steadfast in its commitment to driving organic growth, a strategy that will guide the miner as it navigates the future. The OFT, Ikamba, commenced operations on April 28, 2024. After an initial...
On Wednesday, August 28, three-month LME aluminum contract opened at US$2,543 per tonne, with a high of US$2,548.50 per tonne and a low of US$2,484 per tonne, closing at US$2,484 per tonne, down by US$62.50 per tonne. After experiencing skyrocketing growth over six days by US$226.50 per tonne during August 19-27, reaching two-month high, the LME aluminium benchmark price suffered a loss of US$40.50 per tonne overnight reaching below US$2500 per tonne level. On Wednesday, August 28, LME aluminium cash bid price and LME aluminium official settlement price decreased by US$39.50 per tonne and US$40.50 per tonne, respectively, to clock at US$2,478.50 per tonne and US$2,479.50 per tonne. 3-month bid price and 3-month offer price contracted by US$34 per tonne and US$35 per tonne to arrive at...
Guinea's bauxite exports have shown remarkable growth, marking a significant achievement in the global market. However, the country's bauxite exports are growing rapidly and being transported by Capesize bulkers. In 2023, Guinea exported a record 127 million tonnes of bauxite, an impressive increase of 25 million tonnes compared to the previous year. This surge represents a nearly 19.60 per cent year-on-year growth, bringing the country within 24.50 per cent of last year's total exports. Most of Guinea's bauxite is shipped to China, with the bulk of the exports departing from the ports of Kamsar, Boffa, Cap Verga, and Conakry. The continued expansion of Guinea's bauxite industry underscores the nation's growing importance in the global aluminium supply chain. According to research from...
Gravita India is set to reduce the share of lead in its portfolio and expand into aluminium recycling, rubber, and lithium battery. The Jaipur-based recycling firm will decrease the share of lead from 88 per cent to 70 per cent, as Navin Prakash Sharma, the Executive Director of the firm anticipates significant growth in their aluminium operations, which currently have a capacity of 40,000 tonnes. "This will increase demand of around 200,000 tonne of aluminium from the secondary segment. It will also give value addition for the secondary material as compared to primary materials. So altogether, I foresee that this segment will grow with the help of EPR on non-ferrous metal, by hedging through MCX, by launching this derivative of aluminium alloy," added Sharma. This expansion will be...
California is set to boost its recycling efforts with the launch of over 250 new recycling sites across 30 counties, making it convenient for people to recycle their used aluminium or plastic containers, beverage cans, and other recyclable products. This initiative is supported by nearly $70 million beverage container redemption innovation grants from CalRecycle. The California Department of Resources Recycling and Recovery (CalRecycle) is part of the California Environmental Protection Agency. It oversees the state's waste management, recycling, and waste reduction initiatives. Established in 2010, CalRecycle succeeded the California Integrated Waste Management Board. About the grant The grants are intended to fund advanced recycling solutions, including reverse vending machines (RVMs),...
Hind Aluminium, a manufacturer of aluminium & alloy conductors and aluminium wire rods, announced its first quarter financial results for the fiscal year 2024-25, reporting a fall in net sales to INR 0.25 crore. On a quarter-on-quarter basis, the Q1 net sales decreased by 24 per cent from INR 0.33 crore, and that on a year-on-year calculation plunged by 34 per cent from INR 0.38 crore. The company’s net profit was in the June quarter of FY2024-25 was INR 0.05 crore, dramatically down by 97 per cent from INR 1.55 crore a quarter ago and 98 per cent less than INR 2.95 crore a year earlier. The sharp decline in net profit could be attributed to increased raw material costs due to higher prices of primary aluminium on LME, coupled with weaker demand for aluminium products. EBITDA stood at INR...
On August 27, 2024, the technology leader in electrification and automation, ABB, announced an agreement to acquire Födisch Group, a leading developer of advanced measurement and analytical solutions for the energy and industrial sectors. This acquisition will enhance ABB's offerings in continuous emission monitoring systems (CEMS) and strengthen its position in technology and innovation. By integrating the Födisch Group, ABB aims to expand its portfolio to address customers' most complex measurement challenges. Födisch Group, headquartered in Markranstädt, Germany, reported revenues of approximately €50 million in 2023 and employs around 250 people. The company operates a 3,000 m² production facility in Markranstädt, with additional sites in Germany, the Netherlands, and China. Födisch...
Rio Tinto Gove, Australia's leading alumina extraction facility, has significantly enhanced its process efficiency and safety protocols by adopting Rhosonics' Slurry Density Meter (SDM) technology. This cutting-edge solution replaces traditional radioactive density meters, offering a safer, more accurate, and environmentally friendly method for measuring density in alumina extraction. Previously, Rio Tinto Gove encountered significant challenges with radioactive density measurement methods, which not only posed safety risks to employees but also introduced operational limitations that impacted the reliability of the extraction process. To address these issues, the facility sought a precise, non-radioactive alternative that could ensure optimal efficiency without compromising safety....
Vedanta Limited, an Indian multinational mining company, is reportedly planning to establish two industrial parks, one for aluminium and one for silver and zinc. The news came on Wednesday, August 28, after Vedanta's chairman Anil Agarwal announced it on one of his LinkedIn posts, indicating a future plan for similar parks for the oil & gas and iron & steel sectors. Chairman Anil Agarwal also noted on his social media post that the parks would be created on a not-for-profit basis. His post reads, "For India, industrial parks are a good way to achieve scale in different sectors and across the value chain. They will be transformative not just for entrepreneurs but also employees and workers who can avail of best-in-class townships and facilities that will come up around the cluster."...
With over four decades of experience, UAC is a leading global manufacturer and an integrated producer of structural components for the aerospace sector has successfully commissioned a new aluminium billet casting line in Satu Mare, Romania. This new plant enhances UAC's ability to produce aerospace-grade alloys, catering to customers across Europe and globally. This strategic investment will allow UAC to expand its product offerings and strengthen its position as a global leader in the aerospace extrusion industry. New aluminium billet casting line The new aluminium billet casting line at UAC's Satu Mare plant was fully supplied by Almex USA Inc., based in Buena Park, California. The comprehensive equipment package includes: The EXCELL™ billet tooling system A patented three-chamber LARS®...
According to a recent report, Japanese buyers are offered a much higher premium, above $180 per tonne, for the shipment of primary aluminium in the fourth quarter of 2024, ending December 31. The news came after two people directly involved in quarterly pricing talks reported the matter on Wednesday, August 28. Compared to the current quarter’s premium, the proposed premium for Q4 is about 8 per cent higher. A global producer has reportedly offered a premium of $185 per tonne over the LME aluminium benchmark price for the December quarter, up from $172 per tonne in the September quarter . The new premium offer marks an extended growth for Q4, following a 16 to 19 per cent increase in Q3 premium from $145-148 per tonne paid in the April to June quarter. The consecutive growth in premium...
On Tuesday, LME aluminium opened at US$2,532 per tonne, with a high of US$2,554 per tonne and a low of US$2,502.5 per tonne, closing at US$2,546.5 per tonne, up US$13 per tonne or 0.51 per cent. On Tuesday, August 27, both LME aluminium cash bid price and LME aluminium official settlement price gained US$19.5 per tonne or 0.78 per cent and US$21 per tonne or 0.84 per cent to clock at US$2,518 per tonne and US$2,520 per tonne. 3-month bid price and 3-month offer price hiked by US$26.5 per tonne or 1.05 per cent and US$28 per tonne or 1.11 per cent to settle at US$2,535 per tonne and US$2,537 per tonne. December 25 bid price and December 25 offer price ascended by US$20 per tonne or 0.75 per cent to dock at US$2,655 per tonne and US$2,660 per tonne. LME aluminium opening stock came in at...
Three mining companies in Indonesia are now facing penalties due to delays in completing their refinery projects, following findings in the 2023 Audit Report by the Supreme Audit Agency (BPK). The report highlighted potential non-tax state revenue from administrative fines related to these delays, amounting to US$129 million (Rp2 trillion), which has yet to be collected. The Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, emphasised that alumina refinery construction was expected to be completed by 2023. While companies that missed this deadline are still being granted export permits, they must meet special conditions based on the progress of their refinery construction. These companies are typically subject to fines. Indonesia Business Post (IBP) reported that the ESDM...
According to China customs data, domestic aluminium extrusion exports in July 2024 amounted to 90,300 tonnes, marking a dramatic month-on-month fall of 74.8 per cent but a modest rise of 0.83 per cent year-on-year. In June, Chinese aluminium extrusion exports, including HS codes 76041010, 76041090, 76042100, 76042910, and 76042990, amounted to 97,500 tonnes , up by 6.47 per cent month-on-month and 9.14 per cent year-on-year. Among the top sources of Chinese aluminium extrusion exports in July, Guangong, Shandong, and Jiangsu led the list. The sharp month-on-month decrease in export volume is largely attributed to anti-dumping measures imposed by the United States, resulting in a significant drop in export orders. Some Chinese companies even reported zero export orders from the United...
Crown Holdings Inc., a leading supplier of beverage, food, and aerosol packaging, has achieved the ASI Performance Standard V3 (2022) Certification. This certification has been awarded to its regional management at the Asia Pacific Division office in Hoa Hiep Bac Ward and also for the production of two-piece aluminium beverage cans at CROWN Beverage Cans Danang Limited in Da Nang, Vietnam. The certification, announced today by the Aluminium Stewardship Initiative (ASI), encompasses the facility's two can lines, producing 1.4 billion cans annually. LiberoAssurance carried out the independent, third-party audit of Crown Holdings, Inc.. The ASI Certification program, developed through an extensive and rigorous multi-stakeholder consultation process, is the only comprehensive voluntary...
The Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO) has reported a slight increase in the country's aluminium ingot production for the first four months of the current Iranian calendar year, which ended on July 21. According to a report cited by the Islamic Republic News Agency (IRNA) on August 27, 2024, Iran produced 221,409 tonnes of aluminium ingots during this period, marking a one-per cent rise from the 218,531 tonnes produced in the same timeframe last year. Four major Iranian companies led the production: South Aluminium Corporation (SALCO), IRALCO, Almahdi Aluminium Co., and Iran Alumina Company. IMIDRO detailed that SALCO was the largest contributor, producing 94,503 tonnes of aluminium ingots. IRALCO followed with 60,210 tonnes, while Almahdi...
