Spanish racing driverFernando Alonso has added a one-off Bugatti Veyron Grand Sport Vitesse to his growing collection of rare cars. Known as chassis 8.100, the car is distinguished by bespoke aluminium bodywork that required more than 20 tonnes of aluminium to produce, along with dedicated CAD programmes developed by Bugatti. Its history is equally distinctive, being produced after an original customer pushed Bugatti to create something it had initially considered too expensive. For Alonso, the automobile fits closely with an approach to luxury he outlined in 2024 about choosing manufacturers that treat individual customers differently rather than simply producing cars in larger numbers. To know the aluminium casting demand forecast in the transportation sector, explore our report "Global...
China Rare Earth Group is in talks to acquire a controlling stake in Shenghe Resources, a move that could bring the Chinese rare earth producer under tighter state control while giving Beijing influence over Shenghe’s overseas holdings, including a stake in US rare earths company MP Materials. Two sources familiar with the matter told Reuters that discussions between the companies have been underway since earlier this year. One source said China Rare Earth Group is seeking a controlling stake, although neither source knew when the acquisition could be announced or completed. If the deal goes through, China Rare Earth Group would take control of Shenghe’s interests in foreign companies, including its 3 per cent stake in MP Materials. The US rare earths company counts the US Department of...
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Amid various speculations raised by Donald Trump's recently proposed import tariffs on aluminium and copper, the most recent one is the possible impact on domestic consumer good prices. Aluminium industry analysts and participants fear that suggested tariffs on US aluminium and copper imports may affect the availability of the metals in the local markets, resulting in stringent end-use production and, eventually, higher costs. This notion arrived on Tuesday after Trump expressed his intent to impose tariffs on aluminium, copper, and all other metals needed to produce US military hardware, including steel, in a speech to Republican lawmakers on Monday, January 27. His objective for the proposed tariffs is to encourage the aluminium producers to bring their production to the United States....
Alupro, the aluminium packaging recycling organisation, will showcase its offerings at the 2025 Aerosol & Dispensing Forum (ADF), part of Paris Packaging Week at the Expo Porte de Versailles. The show will take place on January 28-29 and will bring together hundreds of exhibitors and thousands of delegates to explore advancements in the sector, technological innovations, and growth opportunities within the industry. Image Source: Aerosol & Dispensing Forum (ADF) At Stand T26, Alupro will showcase its latest initiatives, campaigns, and behavioural change programs. In addition, the organisation will host a dynamic panel session on best practices in aerosol recycling, bringing together prominent European experts from across the packaging supply chain. Commenting on the event, Giddings said,...
Aluminium prices edged up by 0.08 per cent to close at INR 252.75 (USD 2.92) amid renewed investor optimism over China following comments from former US President Donald Trump hinting at a potential trade deal with the world's largest consumer of metals, as reported by investing.com. Market sentiment was further buoyed by developments within the European Union, which is preparing to impose sanctions on imports of primary aluminium from Russia. This anticipated move, the EU's geopolitical move of continual phasing-out of Russian aluminium, is a trend that has accelerated since European manufacturers began distancing themselves from Russian goods following the 2022 invasion of Ukraine. Overview of China's aluminium trade front China's aluminium export trade exhibited significant growth...
Secat, Inc., a metallurgical research laboratory specialising in aluminium product and process technologies, has expanded its capabilities by adding a new aluminium extrusion press at its Nicholasville Pilot Lab in Kentucky. Image Soure : Secat, Inc. This new equipment enhances Secat’s ability to conduct testing, development, and small-scale production, offering improved precision and flexibility in extrusion processes. The press, generously donated by a manufacturer of equipment for extrusion billet and rolling slab production, will be shipped and installed at the Nicholasville facility. The Alubin extrusion press is a 600-ton press with a 4-inch container, occupying approximately 1,000 sq ft of space in Secat’s lab. The line is equipped with a run-out table, stretcher, saw, and billet...
Australia is on course to achieve a record-breaking performance in aluminium exports, with the metal now ranking as the fourth-largest export category after iron ore, coal, and natural gas. According to the International Trade Administration, Australia’s aluminium exports in the first eleven months of 2024 totalled 1.322 million tonnes, valued at US$3.283 billion. Image source: Freepik Delving deeper into export volume and value According to the historical data from the International Trade Administration, Australia’s year-to-date aluminium export value demonstrated a significant jump of 4.12 per cent from US$3.153 billion to US$3.283 billion. However, on the other hand, export volume decreased by 0.90 per cent Y-o-Y from 1.333 million tonnes to 1.321 million tonnes. In the full year 2023,...
Mananalu, the eco-conscious aluminium-bottled water brand founded by Jason Momoa, the 'Aquaman' star, has been making waves since 2019. The company is on a mission to remove single-use plastic bottles with recyclable aluminium ones. The company has unlocked several strides in this journey, with the recent one relaunching as Mananalu Powered by Boomerang Water. Image Source: Mananalu This new model ensures healthy, sustainable water while eliminating single-use plastic waste that harms the environment. Utilising Boomerang Water technology, which won the 2024 SXSW Product Innovation Award, the bottling systems are about the size of a hotel ice maker. They can sanitize, rinse, fill, and cap 400 to 500 aluminium or glass bottles per hour with ultra-purified water. After consumption, the...
In late January, aluminium processing enterprises largely entered the Chinese New Year break, halting production. Only a few large enterprises maintained operations, but their production was significantly lower than usual, leading to a sharp decline in this month's production index, which recorded 24.2 per cent. Additionally, due to the previous ‘rush to export’ activities, overseas end-use customers were still digesting large inventories. Coupled with the impact of the traditional off-season, the new orders index remained at a low level, recording 38.1 per cent. According to the SMM survey, the aluminium processing industry generally believes that end-use demand recovery will occur after the Chinese New Year break in February. With the dual reduction in production and order volumes, raw...
Vedanta Aluminium, a leading name in the Indian industry, has long been associated with sustainability and social development activities, as reflected through numerous reported stances. The mining and manufacturing giant has yet again initiated a sustainability-promoting stint as it participates in the three-day Utkarsh Odisha – Make in Odisha Conclave 2025, being held between January 28 and 30, 2025. Located in Janata Maidan, Bhubaneswar, the Utkarsh Odisha – Make in Odisha Conclave 2025 is an exclusive investment forum in East India dedicated to steering forward the economic growth of Odisha and subsequently positioning the Indian state as a globally competitive investment destination. The conclave intends participation from both domestic and international investors, positioning Odisha...
The Australian mining and exploration company Metro Mining Limited has published its Q4 2024 operational update. As announced on January 6, 2025, the Bauxite Hills Mine has successfully demonstrated its capability to consistently operate at the expanded target rate of 7 million wet metric tonnes (WMT) per annum. However, despite challenging weather conditions in December 2024, which led to the cancellation of the final vessel in the shipping schedule, total shipments for Q4 reached 2.1 million WMT . For the full calendar year, the Company achieved total shipments of 5.7 million WMT. Another important aspect that happened during the quarter was that Metro successfully refinanced its senior debt and private royalty obligations held by Nebari Natural Resources Credit Fund I, LP and Nebari...
Taural India, a prominent integrated aluminium foundry, has entered into a Memorandum of Understanding (MoU) with the Government of Maharashtra to expand its manufacturing operations in Supa, Ahilya Nagar. This collaboration represents a major stride in promoting industrial development and enhancing self-reliance in Tier II regions of the state. The agreement was signed at the Maharashtra Pavilion during the World Economic Forum in Davos, in the presence of Maharashtra Chief Minister Shri Devendra Fadnavis and other senior officials. The upcoming facility in Supa will be four times larger, positioning the company to meet increasing demand across sectors such as energy, defence, aerospace, marine, railways, and healthcare. “We are excited to announce this MoU, which involves an investment...
Manaksia Aluminium, a microcap company and a trusted name in manufacturing aluminium sheets and coils, has seen a 52-week low in its share price, closing the day (January 27, 2025) at INR 79.93 (US$0.93). Despite a brief recovery in the early morning, reaching INR 83.34 (US$0.97), the stock closed at a below-average target price, reflecting the ongoing challenges in the competitive market environment. Image source: Freepik Today’s decline in Manaksia’s share price is the continuation of a downtrend, having lost 2.01 per cent over the two days, remaining below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day. Over a year, Manaksia has seen a sharp fall of 39.95 per cent in its share price, in contrast to the 7.29 per cent gain during the same period....
On December 29th, Chinalco (Yunnan) Green Advanced Aluminum-based Materials Co., Ltd. announced the construction of its much-awaited 400,000-tonne aluminium alloy flat ingot project, alongside the unveiling of Chinalco Green Materials (Zhaotong) Co., Ltd. Once the project is completed and operational, it is expected to produce large-size 5 and 6 series aluminium alloy flat ingots. This production line will lead in the domestic market, enhancing both the technical quality and product grade. It is also expected to reduce environmental pollution and metal loss caused by the secondary remelting of aluminium ingots, allowing for a more efficient conversion of electrolytic aluminium resources into industrial advantages. This, in turn, will boost the added value of the products. By 2025, Yunnan...
The aluminium industry has long been the backbone of global economic growth and technological advancement. Today, the wait is over! AL Circle, the world's fastest-growing global ALuminium ecosystem, proudly unveils its much-anticipated industry-focused report, Global Aluminium Industry Outlook 2025 . This comprehensive report promises to redefine the way stakeholders view the future of the aluminium industry, making it a must-read for industry professionals, policymakers, investors, and enthusiasts alike. Who should read this report? Whether you are a business leader planning your next move, a policymaker shaping regulations, or an investor seeking the next big opportunity, it provides insights into consumer trends, market dynamics, and the growing focus on sustainability. By...
Norsk Hydro ASA, a Norwegian aluminium and renewable energy company, has reportedly joined the Suppliers Partnership for the Environment (SP), uniting with a group of automotive manufacturers, suppliers, and environmental organisations to work together towards a shared sustainability vision. Image source: Freepik Explaining the reason for joining, Duncan Pitchford, President of Hydro Aluminum Metals USA, said aluminium is an infinitely recyclable product capable of serving as a safe and reliable raw material. So, by joining the Suppliers Partnership for the Environment, Hydro will be able to supply sustainable raw materials to carmakers. Even SP Director Kellen Mahoney believes that having Hydro as a member will help the collaboration empower low-carbon aluminium and recycling solutions...
The United States is one of the leading aluminium scrap exporters in the world, with an annual average export volume close to 2 million tonnes. In 2023, the country exported 2.06 million tonnes, and by October, 1.74 million tonnes was shipped. In the first ten months of the subsequent year, the export volume totalled 1.73 million tonnes, reflecting a Y-o-Y dip of 0.6 per cent, according to the US Census Bureau Statistics. Was this decline consistent throughout the first ten months? What factors contributed to the fall? And which country had the most significant impact on the drop? All these will be closely studied in this comprehensive article. Month-on-month export volume trend To address the first question, let us delve into the month-wise export volume by the United States. In the...
Coors Light, known for its sustainable packaging promoting aluminium and other recyclable materials, has come up with a new release which is both unique and chilled at the same time. Coming up with something of this type is the first of its kind for a beverage brand company. Image Source: Molson Coors On Wednesday, January 25, the sustainable packaging company unveiled its latest creation: the "Coors Light Chill Face Roller," designed to make the Monday after the Super Bowl as relaxing and chilled out as possible. The face roller will be available in 12-ounce aluminium cans, blending the beauty trend of face rolling with the signature chill of a Coors Light. "At Coors Light, we've always believed in delivering refreshment and chill to our fans in unexpected ways. With the Coors Light...
According to SMM estimates, China's bauxite production in January 2025 (31 days) decreased slightly by 1.4 per cent MoM but was up 12.2 per cent Y-o-Y, mainly because the production halt scale in Shanxi and Henan regions in January 2024 was larger than that in January this year. Overall, domestic bauxite production remained at a low level, and the supply-demand fundamentals of domestic bauxite maintained a tight balance. In terms of inventory, according to SMM data, the total bauxite raw material inventory of domestic alumina refineries in January 2025 slightly rebounded by 1.7 per cent M-o-M but decreased by 3.8 per cent Y-o-Y, with the overall inventory level remaining low. As of January 24, SMM statistics showed that the total bauxite inventory at nine ports was 13.95 million tonnes,...
Officials from the Uzbek-Kyrgyz Development Fund and the Glass Center Kyrgyz-Uzbek announced a joint venture after a heart-to-heart wherein an assignment is set — to set up a factory in the Chuy region of Kyrgyzstan aimed at producing double-glazed windows, doors, and facades crafted from aluminium profiles, reports Trends. Image Source: Uzbek-Kyrgyz Development Fund During the meeting, the sides negotiated about the minutia of the project, taking into account the optimisation of the financing structure. Agreements were then made to further fortify future cooperation and designate unambiguous paths for hassle-free project execution. The meeting was held in a constructive and productive ambience, kickstarting a concrete foundation for long-term cooperation. In 2024, the industrial entities...
