Bering Yachts has presented the first hull of its BC60 aluminium explorer catamaran, marking the shipyard’s move to a twin-hull platform while retaining the long-range capability and structural robustness associated with its established explorer vessels. The 18.9-metre vessel has already been delivered and is afloat, with founder and CEO Alexei Mikhailov providing a detailed walkthrough of its design and onboard systems. Measuring 18.9 metres (60 feet) in length overall, with an 8.6-metre beam, the BC60 is designed as a displacement explorer rather than a high-speed production catamaran. Its all-aluminium construction, shallow draft and substantial fuel capacity are intended to support extended passages and greater autonomy at sea. The vessel has a draft of 1.58 metres and carries more...
In the first half (H1) of 2026, the US imported a total of 1.68 million metric tons of unwrought aluminum (HSN code: 7601), of which 16.96% was sourced from the United Arab Emirates (UAE). How has H1 2026 fared for the momentum of unwrought aluminum exports from the UAE to the US? Year-on-year cooling in trade can be noticed, largely owing to the temporary shutdown of the Emirates Global Aluminium’s (EGA’s) Al Taweelah smelter for repair and maintenance. 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 ” H1 aluminum trade snapshot: 2026 vs 2025 vs 2024 Comparing the H1 2026 figures of unwrought aluminum exported by the UAE to the US, a mixed result...
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The Indian government is moving to allow bauxite and other major minerals to be traded on an exchange, in a move aimed at making mineral trading more transparent and improving price discovery. The exchange is likely to become operational by the next financial year, with the initial list expected to include iron ore, bauxite, limestone and manganese. The Ministry of Mines has notified rules for setting up the exchange and appointed the Indian Bureau of Mines (IBM) as the nodal agency and regulator. The IBM will invite applications from companies seeking to set up and operate the exchange. For bauxite producers and traders, the proposed exchange could provide a more structured mechanism for price discovery and transactions. According to government officials, the platform is also expected to...
The London Metal Exchange (LME) aluminium price reported major declines of over 1 per cent across the pricing and contract segments on the August 18 close, continuing the trend reported at the August 17 session . The LME aluminium cash bid dropped by 1.6 per cent day-on-day on August 18, down to USD 3,218.5 per tonne from USD 3,271 per tonne. The offer shifted to USD 3,219 per tonne from USD 3,272 per tonne, marking a difference of 1.62 per cent. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook On August 18, the LME aluminium three-month bid and contract prices contracted by 1.16 per cent. As the bid plunged to USD 3,232 per tonne from USD 3,270 per tonne, the offer price...
Andromeda Metals has launched a Share Purchase Plan targeting AUD 3 million (USD 1.95 million) to advance its High Purity Alumina Project and support the next stage of commercialisation. Eligible shareholders can apply for new Andromeda shares at AUD 0.0059 (USD 0.0038) each, representing a discount of about 15 per cent to the company’s recent five-day volume-weighted average market price. Applications will close at 5 pm Australian Eastern Standard Time on August 31, 2026. Funds to support HPA development Andromeda said the funds will be used primarily to progress its High Purity Alumina Project, including completion of a pre-feasibility study. The capital will also support co-product evaluation, technical and engineering work, pilot-scale activities, customer engagement and general...
China is importing bauxite at a pace that raises a bigger question for the aluminium market: why are imports still climbing when the country is moving towards a 45-million-tonne primary aluminium production capacity cap? In H1 2026, China imported 121 million tonnes of bauxite, up from 103 million tonnes in H1 2025, a rise of 17.5 per cent. Imports were also well above the 77 million tonnes recorded in H1 2024, after rising 33.8 per cent between H1 2024 and H1 2025. If we see, quarter on quarter, China imported 58 million tonnes in Q1 2026, followed by 63 million tonnes in Q2, an increase of around 8.6 per cent. The quarterly numbers were also significantly higher than in previous years. China imported 47 million tonnes in Q1 and 56 million tonnes in Q2 2025, while imports in 2024 stood...
EUROBOND, the flagship brand of Euro Panel Products Limited, reported revenue from operations of INR 119.8 crore (USD 12.53 million) for the quarter ended June 30, 2026, up 14 per cent from INR 104.84 crore (USD 10.97 million) in the corresponding quarter a year earlier. The company said growth was supported by higher domestic sales and exports of its metal composite panels and architectural cladding products. Export revenue rose 15.78 per cent year on year, while domestic business increased 12.04 per cent. Profit before tax for the quarter stood at INR 6.79 crore (USD 710,710), while profit after tax reached INR 4.78 crore (USD 500,000) To know the aluminium casting demand forecast in the construction sector, explore our report "Global Aluminium Casting Market 2026-2032: Plant Economics,...
The future of Bell Bay Aluminium smelter in Tasmania remains dependent on the outcome of negotiations over its electricity supply agreement. Federal Industry Minister of Australia Tim Ayres has stopped short of committing federal funding similar to the support extended to the Tomago aluminium smelter in New South Wales. While Canberra has acknowledged the strategic importance of Bell Bay and its employment base, Ayres has stressed that the immediate priority is securing a commercially sustainable power agreement between Hydro Tasmania and Rio Tinto. To know the production, demand and consumption forecasts on bauxite and alumina, explore the report “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” Bell Bay faces a different challenge from...
China is helping cushion Western aluminium markets after production losses in the Gulf caused by the Iran conflict. Yet the export surge could come with a longer-term cost: more aluminium processing activity may shift from Western manufacturers to Chinese producers. China, the world’s largest aluminium producer, has increased exports of primary metal, alloy and semi-finished aluminium products as Western supply chains adjust to reduced Gulf output. The additional material has helped reduce the market’s immediate supply stress. Alloy and semis drive exports China’s export pattern is strongly shaped by its tax system. Primary aluminium exports face a 30 per cent tax, while aluminium alloy and semi-finished products, known as semis, can be exported at a zero tax rate. As a result, much of...
A women’s shelter in New South Wales has reportedly received an extraordinary financial boost after the Australian Government allegedly mistook it for an aluminium smelter. According to the humorous report, the government had recently approved AUD 2.5 billion (USD 1.76 billion) in taxpayer support for Rio Tinto’s Tomago aluminium smelter near Newcastle. When a women’s shelter later applied for AUD 2,500 (USD 1,760) in assistance, officials supposedly confused the two applications. The mix-up turned a modest request for support into a multibillion-dollar package because apparently, the difference between a shelter and a smelter is just one letter and several billion dollars. A very expensive misunderstanding In the report, Prime Minister Anthony Albanese explains that the wording of the...
New IAI data show that closing the can-to-can loop, not simply collecting more cans, will decide whether the industry produces 207 billion or 685 billion recycled cans by 2050. A Six Sigma study from Kentucky, co-authored nearly two decades ago by Dr Subodh K. Das, offers a strikingly relevant blueprint for treating every unrecycled can as a preventable process defect. Aluminium's most-quoted recycling statistic keeps getting bigger, but a new analysis from the International Aluminium Institute (IAI) suggests that scale alone will not decide how much of that metal comes back as new cans. According to the IAI’s September 2025 factsheet, "Can-to-Can Recycling: Performance, Potential and Pathways," the industry currently puts around 420 billion aluminium beverage cans on the market every...
Ardagh Holdings, the controlling shareholder of Ardagh Metal Packaging (AMP), is preparing for a possible sale of the beverage can maker, according to a filing with the US Securities and Exchange Commission (SEC). Ardagh Holdings has instructed advisers to explore a potential transaction that could involve selling some or all of its indirectly held stake in AMP to a third-party buyer. Another option would be for Ardagh Holdings to acquire the AMP shares it does not currently own and then sell the entire company to a third party. To learn the future of aluminium in the packaging industry, explore our report " ALuminium in Packaging: Consumer Trends and Market Dynamics " A sale could also increase AMP's operating costs. The company currently receives administrative, corporate and other...
Aluminium foil is likely to appear in day-to-day usage, but have you imagined aluminium foil in curated artwork? Brooklyn-born self-taught artist Dean Millien has transformed everyday aluminium foil into a distinctive body of animal sculptures, carrying a childhood fascination with handmade toys into the contemporary art world. His work, recently featured in MoMA PS1’s Greater New York , showcases a decades-long practice built around foil, scrap materials, popular culture and an enduring fascination with animals. Millien’s journey began in childhood, dominated by toys and television. Born in Brooklyn in 1972, he began creating his own toys after his father discarded his collection. What started with sponges and paper gradually evolved into sculptures made from aluminium foil, a material...
Norsk Hydro’s energy arm Hydro Energi AS has signed an 18-month hybrid power purchase agreement (PPA) with Varberg Energi, combining wind power, solar power and energy storage to deliver a more stable renewable electricity supply for industrial consumption. The agreement covers 10 GWh of electricity in Sweden’s SE3 bidding zone, with deliveries already underway from July 2026. The pilot is designed to test how different renewable energy sources and storage technologies can be combined to address the intermittency of renewable power while maintaining a competitive and sustainable electricity supply for industry. Hydro tests hybrid renewable power supply model Under the pilot agreement, Varberg Energi will supply Norsk Hydro with electricity generated from its own wind and solar assets,...
Chuangxin Industries Holdings Limited recorded a robust financial performance in the first half (H1) of 2026, with revenue rising 32.4 per cent year-on-year to RMB 11.53 billion (USD 1.71 billion) and net profit jumping 166.1 per cent to RMB 2.32 billion (USD 344.19 million). The Chinese aluminium producer benefited from higher electrolytic aluminium selling prices, lower production costs supported by a greater share of green electricity, and reduced finance costs, while its aluminium and alumina businesses delivered stronger profitability during the six months ended June 30, 2026. Financial snapshot: H1 2026 vs H1 2025 Comparing the financial metrics recorded in H1 2026 with those in H1 2025, the Y-o-Y improvement chart looks like this: Revenue – RMB 11.53 billion (USD 1.71 billion), up...
Aluminium’s return to backwardation on the London Metal Exchange (LME) is pointing to tighter near-term physical supply, as stocks continue to fall and production outside China declines. The market is increasingly focused on the availability of aluminium for immediate delivery rather than headline inventory levels. According to Natalie Scott-Gray, senior metals analyst at StoneX in London, LME aluminium stocks outside China are 95 per cent Russian-origin material. This means the headline stock figure does not necessarily reflect the amount of metal that Western buyers can readily access. This is because physical buyers in the US and Europe are prohibited from using this Russian aluminium, while many buyers in Asia are also choosing not to purchase it. To know the production, demand and...
Kaiser Aluminum Corporation has appointed Fred Stephan as its new Chief Executive Officer and President, replacing Keith A. Harvey, effective November 1, 2026. Stephan, 61, will also join Kaiser Aluminum's Board of Directors, increasing the board from nine to 10 members. His initial annual base salary will be USD 1.15 million, according to the company’s latest filing. His remuneration also includes a USD 3.8 million long-term incentive restricted stock unit (RSU) grant for 2026, along with a USD 2 million sign-on RSU grant. Stephan will also have an annual short-term cash incentive target of USD 1.44 million. From 2027, his long-term incentive target will be USD 4.43 million, with about half of the awards tied to performance. To know the production, demand and consumption forecasts of...
LME aluminium prices moved higher on August 17 compared with August 14, while opening stocks declined marginally and cancelled warrants fell sharply. The LME alumina Platts price remained unchanged during the period. The LME aluminium cash bid price stood at USD 3,271 per tonne on August 17, up from USD 3,247 per tonne on August 14, marking an increase of 0.74 per cent. The cash offer price rose to USD 3,272 per tonne from USD 3,248 per tonne, also gaining 0.74 per cent. In the 3-month contract, the LME aluminium bid price increased to USD 3,270 per tonne on August 17 from USD 3,244 per tonne on August 14, up 0.80 per cent. The 3-month offer price also climbed to USD 3,272 per tonne from USD 3,246 per tonne, an increase of 0.80 per cent. The December 27 bid price stood at USD 3,190 per...
Low-carbon aluminium is becoming an increasingly important product category as manufacturers look to reduce the embodied emissions of their aluminium supply chains. Norway is a low-carbon aluminium hub because its smelters are powered largely by renewable hydropower, enabling producers such as Norsk Hydro and Alcoa to manufacture certified low-carbon aluminium products including Hydro REDUXA, Hydro CIRCAL, EcoLum™ and EcoDura™. Some of the low-carbon products for the applications, used by Hydro and Alcoa, are 6000-series billets for extrusion, A356/AlSi7Mg and ADC12 for castings, 1xxx and 6xxx-series wire rods for conductors, and 3xxx/5xxx-series ingots for rolled sheet and packaging. These have accordingly been specified below: Against this backdrop, the following companies and...
Toyota has opened up the GR GT’s chassis, and the most interesting part may be what happens if owners push the supercar too far on a racetrack. The GR GT is Toyota’s first vehicle with an all-aluminium body frame. It uses nine large aluminium castings connected to aluminium tubes and extrusions, creating a structure designed to be light, strong and rigid. The chassis was shown alongside the GR GT3 racing car at the 2026 Rolex Monterey Motorsports Reunion, giving spectators a rare look at the cars’ underlying structure. Why the chassis matters Most people notice a supercar’s shape, engine or badge first. But the chassis determines how the car behaves when it accelerates, turns and brakes. Toyota’s GR GT chassis uses large aluminium castings in important parts of the structure. These are...
