China's Yunnan Aluminium Co., Ltd. reported a sharp improvement in financial performance for the nine months ended September 30, 2026, with net income rising approximately 164 per cent Y-o-Y to CNY 11.6 billion (USD 1.74 billion), compared with CNY 4.39 billion (USD 660.96 million) in the corresponding period of 2025 The company's sales increased to CNY 52.61 billion (USD 7.90 billion) from CNY 44.07 billion (USD 6.62 billion) a year earlier, representing growth of approximately 19.4 per cent. The increase in net income significantly outpaced revenue growth, highlighting a substantial improvement in the company's reported earnings during the first nine months of 2026. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: "Global Bauxite & Alumina...
JiaoZuo WanFang Aluminum Manufacturing Co Ltd recorded a 93.5 per cent increase in net income to CNY 1,753.08 million (USD 263.31 million) for the nine months ended September 30, 2026, compared with CNY 905.92 million (USD 136.07 million) in the corresponding period last year. The company's sales rose 19.2 per cent year on year to CNY 5,938.64 million (USD 891.98 million), up from CNY 4,981.54 million (USD 748.23 million) a year earlier. The increase in net income substantially outpaced sales growth during the reporting period. JiaoZuo WanFang's basic earnings per share from continuing operations reached CNY 1.47 (USD 0.22), compared with CNY 0.76 (USD 0.11) in the same nine-month period of 2025. Diluted earnings per share from continuing operations also increased to CNY 1.47 (USD 0.22),...
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CRRC Corporation Ltd. has introduced a state-of-the-art crewless metro train to revolutionise urban transit on Xiamen's Line 6. The innovative train, constructed with an aluminium car body and featuring a carbon fibre driver's desk, has been developing for two years. CRRC Corporation Limited is a Chinese state-owned and publicly traded rolling stock manufacturer. In terms of revenue, it is the world's largest rolling stock manufacturer, eclipsing its major competitors, Alstom and Siemens. The four-car train, which spans 9.8 km and serves seven stations, is a marvel of efficiency. With a maximum speed of 80 km/h and the ability to accommodate up to 826 passengers, it is designed to meet the demands of urban transit. The train is equipped with GoA4 automation, encompassing 50 automated...
Chicago-based startup Diamond Brew has made its debut in the US as the nation's first brewless coffee, revolutionising the instant coffee market. This innovative product comes in a unique hexagon-shaped aluminium pod and offers a premium barista experience. Douglas Yu, the visionary founder of Diamond Brew, said, "Brewless coffee is truly a modern evolution of instant coffee that meets the increasing demand for hassle-free, high-quality caffeine and resonates with contemporary consumer lifestyles. I'm excited to introduce Diamond Brew to the US market. With Diamond Brew, coffee lovers can finally enjoy the taste of freshly brewed coffee without the need for brewing equipment or lengthy preparation times." About Diamond Brew Known to fully dissolve in both hot and cold water while offering...
Emirates Global Aluminium (EGA) announced it initiated a bauxite cargo shipment today from its subsidiary Guinea Alumina Corporation (GAC) using a Liquefied Natural Gas-fuelled capsize vessel. It is the world's first-of-a-kind bauxite shipment in a cleaner-energy ship en route to China. This move also marks a remarkable milestone achieved by EGA in line with its carbon emissions goal across operations because LNG-fuelled ships reduce up to 28 per cent of greenhouse gas emissions on a tank-to-wake basis compared to vessels using traditional marine bunker fuel. In general, the global shipping industry accounts for more than 2 per cent of the world's greenhouse gas emissions. Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said: "Aluminium plays an essential...
LS Cable & Systems, a South Korea-based industrial corporation with global operations and one of the biggest cable manufacturers worldwide, has announced the commencement of construction on two new factories in Querétaro, Mexico. These facilities will focus on producing bus ducts—a modern electrical distribution system—and electric vehicle (EV) battery components. When they begin mass production in 2025, the facilities will cover 126,000 square metres. The new facilities are part of LS Cable's strategic plan to establish a significant export base for the North American market. This initiative will enhance the company's production capabilities and market reach. Bus ducts, a superior alternative to traditional cables, offer many benefits that make them especially beneficial for high-rise...
Crown Holdings Inc., a leading name in beverage packaging, food packaging, aerosol can packaging, and metal closures, has published its 2023 Sustainability Report titled ‘A Shared Purpose’. The report details the company’s global sustainability activities, such as initiatives to meet the carbon emissions reduction goal ahead of 2030. Crown Holdings’ carbon emissions reduction goal is part of its Twentyby30 sustainability programme established in 2020. The programme includes 20 measurable sustainability goals with a timeline of the end of 2030, committing to reach 75 per cent usage of renewable energy to reduce Scope 1 & 2 emissions by 43 per cent relative to 2019. To achieve this goal, investment plans include both on-site and off-site purchase power agreements. All employees in the...
For years, the residents of Nanar in Maharashtra's Ratnagiri district in India have stood united against the environmental threat posed by a proposed oil refinery project. Now, they are gearing up for another significant fight against bauxite mining. The Maharashtra Pollution Control Board (MPCB) has announced a public hearing on August 29, 2024, to discuss the environmental implications of the proposed Nanar Bauxite Block, spanning 362 acres. The state administration's recent letter to the Nanar village council (gram panchayat) announcing the public hearing has shocked the villagers. The MPCB has also issued a public notice about the hearing, which the district collector will oversee. Residents are invited to register their suggestions and objections regarding the environmental issues...
The previous trading day, LME aluminium opened at US$2,279 per tonne, with a high of US$2,304 per tonne and a low of US$2,257 per tonne, and closed at US$2,263 per tonne, down US$10.5 per tonne, a decrease of 0.46 per cent. On Friday, August 2, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$14 per tonne or 0.62 per cent to settle at US$2,214 per tonne and US$2,214.50 per tonne. As per the LME price graph, 3-month bid price and 3-month offer price also slipped by US$14 per tonne or 0.61 per cent and US$14.5 per tonne or 0.63 per cent to halt at US$2,272 per tonne and US$2,272.50 per tonne. December 25 bid price and December 25 offer price descended by US$10 per tonne or 0.40 per cent to peg at US$2,435 per tonne and US$2,440 per tonne. LME...
Nandina REM, a Singapore-based startup, recently launched a recycling initiative to prevent decommissioned airliners from becoming mere junkyard hulks by reclaiming and repurposing their valuable materials. Nandina REM's visionary plan involves extracting high-quality aluminium and advanced-engineered materials from old planes to manufacture electric vehicle (EV) battery casings and other essential products. This initiative, driven by the company's mission to reduce environmental pollution significantly, targets a substantial cut in planet-warming emissions. According to the company, approximately 8,000 old aircraft are currently languishing in jungles, deserts, and various other locations worldwide, with an additional 15,000 expected to join them within the next decade. Karina Cady, CEO,...
In the first three months of the current Iranian calendar year, which began on March 20, Iran produced more than 169,000 tonnes of aluminium ingots. The Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) reported this significant production milestone. Between March 20 and June 20, the country’s four major aluminium producers—South Aluminium Corporation, Iranian Aluminium Company, Almahdi Aluminium Company, and Iran Alumina Company—collectively generated 169,141 tonnes of aluminium ingots, according to IMIDRO as quoted by the Islamic Republic News Agency (IRNA) on August 3, 2024. Specifically, these four companies produced nearly 166,986 tonnes of total aluminium ingots, reflecting a 1 per cent increase compared to the same period last year. In addition to...
The recent flooding in Switzerland has sent shockwaves across the global automotive industry, with Jaguar Land Rover at the epicentre of the disruptions. The devastation at a crucial aluminium supplier's factory has led to a scarcity of aluminium alloys, impacting the production lines of several high-end automotive brands. Porsche and BMW are the other major car manufacturers affected by this supply chain interruption. However, Mercedes-Benz has reported that the aluminium shortage resulting from the floods will not affect its production. The company credits its diversified supplier base for this resilience. Novelis is the supplier at the heart of this disruption. Novelis is the leading producer of flat-rolled aluminium products and the world's largest recycler of aluminium. In late June,...
Admir Šahmanović, the Minister of Mining, Oil and Gas, Montenegro, met with former workers of the bauxite mine on the Seoca plateau, who have been waiting for ten years to pay claims from the bankruptcy estate. In a statement from the Ministry, Šahmanović assured the workers that he would strive to resolve the issue legally and within the institutional framework. The minister's commitment comes after a decades-long struggle for the workers to receive their due compensation, highlighting the ongoing challenges faced by those affected by the mine's bankruptcy. Šahmanović's promise marks a significant step towards addressing their grievances and seeking a just outcome through proper legal channels. Šahmanović said, "I am sorry that this multi-decade problem is dragging on and that you are...
In the first half of 2024, alumina production in Africa & Asia (ex-China) demonstrated an annual increase of 9.48 per cent, primarily due to robust output in the first quarter. According to the International Aluminium Institute, Africa & Asia’s alumina production in Q1 was 7.9 per cent higher than in Q2. A sharp decline in production in April 2024, reaching as low as 997,000 tonnes, negatively impacted the Q2 figures. Although output recovered in May and June, it could not fully offset the drop seen in April. Africa & Asia’s alumina production in Q2 2024 totalled 3.348 million tonnes, compared to 3.613 million tonnes in Q1. However, on a year-on-year basis, the Q2 2024 output edged an increase of 3.3 per cent from 3.241 million tonnes, making up for the H1 output totalling 6.961 million...
According to a report on Friday, August 2, China has limited the usage of renewable energy for aluminium production. Shandong province, China's biggest aluminium producer, is allowed to account for 21 per cent of the total energy usage, while Inner Mongolia and Yunnan province are eligible to use up to 29 per cent and 70 per cent, respectively. This move follows a drought-like situation in Yunnan due to erratic rainfall that hampered the area's hydroelectric power supply. In November 2023, Yunnan primary aluminium smelters were asked to reduce power consumption, leading to a production capacity cut of more than 1.1 million tonnes. According to Kunming Power Exchange Centre, Yunnan's hydropower generation suffered a setback in 2023, as demonstrated in the graph below. Yunnan Power...
This week, notable developments have surfaced in the upstream aluminium sector, covering bauxite, alumina, and primary aluminium. To begin with, India has secured a significant global position as the second-largest aluminium producer. The rise in aluminium production indicates robust economic activity across industrial sectors like energy, infrastructure, building and construction, automotive, and machinery. On July 31, 2024, Vedanta Ltd. announced that it had obtained clearance from the BSE and NSE for its proposed demerger. This approval is a pivotal step in Vedanta's strategy to split into six independent, publicly listed entities, including those in the aluminium, oil, and gas sectors. Apart from this, following a month of unabated decline, the LME aluminium benchmark price witnessed...
The United States imports of aluminium crude metals and alloys in May 2024 reflected a decline of 18.18 per cent month-on-month to return to the import volume seen in March. Compared to a year ago, the United States aluminium crude metal and alloy imports in May plunged by 33.66 per cent. According to the USGS data, the United States aluminium crude metal and alloy imports in May 2024 stood at 270,000 tonnes, compared to 330,000 in April and 407,000 in May 2023. In two months of the second quarter, the United States imported 600,000 tonnes of aluminium crude metals and alloys. If this trend continues for one more month, the total imports for Q2 will still be below the 911,000 tonnes imported in the first quarter. The United States’ year-to-date imports totalled 1.51 million tonnes, down...
Baotou Aluminum has recently secured an international invention patent for an "aluminium electrolytic process adjustment method" and has obtained an invention patent authorisation certificate in Nigeria, marking the company's first foreign invention patent authorisation. This patented method involves predicting the operational trends of the electrolytic cell by analysing voltage deviation and voltage noise deviation values. By doing so, it allows for the implementation of control measures to adjust the electrolytic cell pre-emptively, thereby preventing significant fluctuations. The method focuses on controlling the working voltage, aluminium fluoride feeding conditions, and aluminium output tasks. This approach enhances the electrolytic cell's operational efficiency while ensuring swift...
The mineral water market is experiencing a significant transformation as aluminium cans, once in a supporting role, are now challenging the dominance of traditional plastic bottles. Recognising this shift, the startup Dane-se has capitalised on the rising popularity of aluminium cans to capture consumer interest. Founded in 2023 by CEO Gregório Machado, Dane-se identified an opportunity to innovate within the mineral water industry by creating a fun and engaging brand. The startup's mission is to change the habit of consuming water from plastic bottles by offering a 100 per cent recyclable alternative, thereby reducing the environmental impact of plastic waste on the planet. "Aluminum cans are already the biggest differentiator in the mineral water market, where plastic bottles still...
Analogue Pocket is a sleek, modern, portable gaming console designed to celebrate and explore the history of playing games. It is releasing a new iteration this month, featuring a body made of CNC-machined aluminium. The premium-aluminium edition handheld gaming console will be offered in four colours: natural, noir, black, and indigo. This premium edition costs $499, a significant increase from the standard version’s $219. Analogue emphasizes that this aluminium Pocket will be produced in highly limited quantities and will not be sold again. Since its debut in 2021, Analogue has introduced several special editions of the Analogue Pocket, including vibrant colours, a glow-in-the-dark version, and a popular transparent shell. This device lets gamers play old Game Boy cartridges and, with...
