Aludecor, a pioneer and leader in Metal Composite Panel manufacturing, today announced the official launch of STONESENSE , an innovative architectural surface system engineered to deliver the timeless elegance and visual depth of natural stone without its traditional structural limitations. Inspired by the legacy and enduring power of natural stone, STONESENSE introduces a curated portfolio of engineered stone-finish metal composite surfaces. Developed for modern building envelopes, the series blends tactile aesthetic experience with advanced material performance, offering architects, builders, and developers a lightweight, highly durable and versatile alternative to mined stone. Designed for modern facades & envelopes The STONESENSE series is structured around three distinct material...
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...
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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...
In July 2024, the global aluminium industry experienced a month of significant developments and milestones. Industry leaders celebrated substantial investments in sustainability, with major projects focused on enhancing recycling capacities and reducing carbon footprints. Companies like Speira and RUSAL announced record investments in green technologies, while Porsche's next-generation vehicles prominently featured Hydro REDUXA low-carbon aluminium. Additionally, advancements in industrial technologies, such as Talum's Aluminium 4.0 initiative , underscored the sector's commitment to innovation and environmental responsibility. In spite of a downward trend in aluminium prices on the LME and SHFE platforms, the month concluded with promising collaborations and strategies aimed at improving...
Ball Corporation, the world's leading producer of sustainable aluminium packaging, announced its second quarter results of 2024, whereby its net earnings attributable to the corporation were $158 million or total diluted earnings per share were 51 cents, down by 8.67 per cent from net earnings of $173 million during the corresponding period of the previous year. The company's earnings decreased in line with declining sales during the same period. According to Ball's report, sales dropped by 3.58 per cent Y-o-Y from $3.07 billion to $2.96 billion. The company's total earnings in the first six months of 2024 were $3.84 billion against sales of $5.83 billion, compared to $350 million of net earnings last year on sales of $6.05 billion. Second quarter and year-to-date 2024 comparable earnings...
Alcoa, a Pittsburgh-based industrial corporation and the global industry leader in bauxite, alumina, and aluminium products, has announced the successful completion of its acquisition of Alumina Limited. This strategic move enhances Alcoa's position as a leading pure-play upstream aluminium company, reinforcing its market leadership. The binding Scheme Implementation Deed with Alumina Limited was signed on March 11, 2024 . "Alcoa is proud to announce the completion of our first major acquisition. The acquisition of Alumina Limited strengthens Alcoa's position as one of the world's largest bauxite and alumina producers and is expected to result in long-term value creation from greater financial and operational flexibility. I want to thank both the Alcoa and Alumina Limited teams, and our...
Ukraine's State Property Fund has announced an auction scheduled for August 6 to sell its 97.5458 per cent stake in JSC Zaporozhye Aluminium Plant. The auction will be conducted on the Prozorro.Sales electronic trading platform, with a starting price set at nearly UAH 151.9 million ($3.7 million). Bidders must submit their applications by August 5. The auction includes 607,446,012 shares and extensive property assets. The plant's balance sheet lists 1,497 real estate and infrastructure items covering 370,900 square meters, 291 vehicles and special equipment, and 25 land plots totalling 216 hectares. Some of the enterprise's real estate, measuring 6,756 square meters, is currently leased under eight agreements, some valid until September 1, 2065. The plant has accumulated significant debt,...
Data revealed by the International Aluminium Institute indicates a year-on-year increase in both North and South America's primary aluminium production during the first half of 2024. Even amid occasional declines in some months, primary aluminium output in North America rose by 4.35 per cent, while South America saw an increase of 4.74 per cent by the end of H1 2024. In North America, primary aluminium production in six months of 2024 amounted to 1.992 million tonnes versus 1.909 million tonnes during the corresponding period of the previous year. In South America, the output totalled 751,000 tonnes compared to 717,000 tonnes a year ago. Overview of quarter-wise output In June, North America's primary aluminium production stood at 325,000 tonnes, down by 3.85 per cent from 338,000 tonnes...
On July 31, 2024, Vedanta Ltd. announced it had received clearance from the leading stock exchanges, BSE and NSE, for its proposed demerger. The approval marks a crucial step in Vedanta's plan to split into six independent listed companies, including aluminium, oil, and gas. According to a regulatory filing by Vedanta, BSE and NSE issued letters on July 31, 2024, and July 30, 2024, stating they have "no objections/no adverse observations" regarding the proposed scheme. Following these clearances, the company is set to apply with the National Company Law Tribunal (NCLT). "The scheme remains subject to receipt of other applicable statutory and regulatory approvals, including inter alia from the National Company Law Tribunal and the respective shareholders and creditors, under applicable...
The previous trading day, LME aluminium opened at US$2,311 per tonne, reached a high of US$2,327.5 per tonne and a low of US$2,272.5 per tonne, and closed at US$2,273.5 per tonne, down US$41.5 per tonne, a decrease of 1.79 per cent. Following a growth the previous day , both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$22 per tonne or 0.97 per cent and US$23.5 per tonne or 1.04 per cent. The prices as of August 1 (Tuesday) stood at US$2,228 per tonne and US$2,228.50 per tonne. The drop in prices can be attributed to weak demand and ample supply. In Yunnan, a major Chinese production hub, improved rainfall increased hydropower availability, enabling smelters to resume operations. This led to a 6.2 per cent annual increase in primary aluminium...
India has witnessed a continued increase in metals and minerals production during the first quarter of FY2024-25, following a record output level in FY2023-24, said the Ministry of Mines in a statement on Thursday, August 1. According to the data revealed by the Ministry of Mines, India’s primary aluminium production in the June quarter of FY2024-25 increased by 1.2 per cent year-on-year to 10.43 lakh tonnes from 10.28 lakh tonnes. With this hike, India has secured the significant global position as the second-largest producer of aluminium. The rise in aluminium production indicates robust economic activity across industrial sectors like energy, infrastructure, building and construction, automotive, and machinery. In 2023, India accounted for 6 per cent of global production, churning out...
Aluminium Stewardship Initiative announced the accreditation of Kobe Steel Ltd. with the ASI Performance Standard V3 (2022) and Chain of Custody (CoC) Standard V2 (2022) Certification for producing aluminium products at its Moka Works facility in Tochigi, Japan. This facility manufactures aluminium sheeting used in a variety of applications, including airplanes, Shinkansen trains, beverage cans, hard disk drives, and automobiles. ERM Certification and Verification Services conducted independent, third-party audits of the Kobe Steel, Ltd facility. The ASI Certification program, developed through a comprehensive multi-stakeholder consultation process, is the only voluntary sustainability standard for the aluminium value chain. The ASI Performance Standard V3 and ASI CoC Standard V2 were...
Vedanta Aluminium has received a certification from the Bureau of Indian Standards (BIS) for its 12 mm aluminium wire rods manufactured at the BALCO facility in Korba, India. In addition, the company has acquired six renewed certifications for other products. Vedanta had launched these 12 mm wire rods last year, particularly for the electrical industry. These wire rods have several applications in power and electrical transmission owing to exceptional conductivity, low weight, and toughness. Vedanta Aluminium was the first company in the Indian aluminium industry to obtain BIS certification for its wide range of aluminium products. Vedanta’s BALCO facility produces EC ingots, alloy ingots, primary ingots, rolled sheets, rolled conductor plates, and rolled plates for general engineering...
Spot prices of aluminium ADC12 alloy ingots (non-OEM) in Delhi NCR and Chennai fell w-o-w, as per BigMint's latest assessment. In the Delhi-NCR region, ADC12 spot prices were assessed at INR 209,000 per tonne ex-Delhi, aligning with domestic tense scrap prices, which settled at INR 175,000 per tonne ex-Delhi. "We have stocked material beforehand and it is not required at least for a month. So, currently need-based purchasing is going on for small quantities". A source said, "Prices will begin to trend upward next month as trading activities, currently slow due to the rains in most regions of India, return to normal. In the meantime, traders are planning to stockpile materials at lower prices,” said a buyer source. Likewise, ADC12 prices in Chennai were reported at INR 211,000 per tonne on...
Isra Vision has upgraded its reliable DecoSTAR solution for inline inspection of decorated metal sheets with the new DecoSTAR EVO. This latest version offers improved inspection capabilities for offset printing. It now supports the inspection of digitally decorated tin and aluminium sheets used in packaging applications, including food cans, decorative boxes, and oil cans. About DecoSTAR EVO DecoSTAR EVO boasts an advanced defect classifier for streamlined system setup and operation, complemented by a modern, intuitive graphical user interface. It incorporates Isra Vision's latest high-performance lighting and camera technology. Additionally, it features an integrated interface with the optional EPROMI production management intelligence tool. The DecoSTAR inline inspection system from...
Given the high demand for local suppliers of steel, aluminium and its alloys, the Ministry of Economy of Nuevo León and the Chain of Industry Producers in Mexico (CAPIM) are working to enhance the value chain. Nuevo León, officially the Free and Sovereign State of Nuevo León, is a state in northeastern Mexico. "Previously these commodities were not listed as the first 10 items of purchase search by large industries and now, in less than a month, they jumped to the third place of search priority," said Mendoza, president of CAPIM. The Government of Nuevo León has noted that the impact of nearshoring, combined with the new U.S. tariffs on over 500 products, has accelerated the search for domestic suppliers by major purchasing companies. Impact of tariffs on raw materials René Mendoza,...
The extended period of weak demand for aluminium has adversely affected both prices and metal deliveries. This trend is evident in European aluminium foil shipments, which totalled 217,800 tonnes in the first three months of 2024. According to the European Aluminium Foil Association, this shipment figure represents a year-on-year fall of 6 per cent compared to 231,700 tonnes. Europe is the second-largest consumer of aluminium foil globally, accounting for 15 percent of the world's usage . China remains the largest, representing approximately 49.5 percent of global consumption. The decline in shipments during Q1 2024 stemmed from a 3 per cent drop in demand. The downtrend in foil demand during the first quarter of 2024 was not only limited within the domestic market but also branched out...
Recycling aluminium has several advantages, including environmental benefits, sustainability, and a circular economy. It also promotes consumer awareness and participation, motivating them to recycle and reuse more. In a similar initiative this year, Cowes Week is proud to host a special guest with a powerful message about sustainability and the environment: Nellie the Big Recycling Fish. This striking metal sculpture, designed by the South Coast charity Final Straw Foundation, serves as a collection point for aluminium cans and plastic bottles, encouraging recycling among attendees. Nellie's presence at the event is made possible by the generous support of Wightlink, who provided free transportation, and the Cowes Week organizers, who have welcomed this unique installation. As per AL...
Arrow Minerals Limited is pleased to announce a significant step forward in its expansion strategy with the entry into a Share Purchase Option Agreement (the Agreement) to acquire the Niagara Bauxite Project situated in Guinea. Guinea is currently the world's largest exporter of high-grade, low-impurity bauxite, and this acquisition marks a significant milestone for Arrow Minerals. Arrow Minerals Limited, listed on the Australian Stock Exchange, is an exploration and development company focused on delivering long-term shareholder value by discovering economic mineral deposits in West Africa. Strategic expansion in bulk commodities The Niagara Bauxite Project is recognised as an advanced asset with a rich exploration history. Located just 100 km from the Simandou railway, set for...
In a recent statement, the Global Trade Research Initiative (GTRI) highlighted that the European Union's suggestion for India to impose a local carbon tax as a workaround to the EU's upcoming carbon tax would offer little respite to Indian industries. Despite implementing a similar domestic levy, Indian exporters would still face the EU's Carbon Border Adjustment Mechanism (CBAM) for their European shipments, GTRI explained on July 31, 2024. GTRI aims to create high-quality, transparent outputs for governments and Industries on trade, technology, and investment issues from the development and inequality reduction perspective. The core issue lies in the economic disparity between countries. Carbon prices typically reflect a nation's economic standing, meaning that introducing a local...
