Aluminum investment has been spreading across the entire value chain, from primary smelting and alumina refining to recycling, rolling, extrusion and battery foil, building more integrated and higher-value supply chains. During the past 5 years, the US and Canada in North America and China in Asia have been grabbing headlines pertaining to the aluminum industry. These updates have involved growth stories or have shed light on volatile market situations. How have these headlines contributed to a greater picture for the benefit of the aluminum industries of the two continents? Between 2021 and 2026, major projects across North America and Asia have targeted new primary capacity, lower-carbon production, recycled aluminum and higher-value downstream products. But the investment pattern is...
Nautor Swan has unveiled new details and official renderings of its 43.5-metre Swan Alloy 44, the Finnish yacht builder’s first aluminium supermaxi, with construction now underway in the Netherlands. The yacht is being built at Gouwerok Shipyard, where hull and deck construction are currently in progress. Once this stage is completed, the vessel will move to Viareggio, Italy, for final outfitting, launch and delivery, which is scheduled for 2028. The project will also become the largest yacht ever built by Gouwerok Shipyard and its first all-aluminium supermaxi. Although construction is taking place outside Finland, Nautor Swan’s team will continue to oversee key aspects of the programme, including its design philosophy, performance studies and supply-chain coordination. The Swan Alloy 44...
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Australia is edging closer to securing the future of Rio Tinto -controlled Tomago aluminium smelter. Prime Minister Anthony Albanese has stepped into final negotiations with New South Wales (NSW) Premier Chris Minns over a long-term funding package to keep the facility operating beyond 2028, when its current electricity contract expires. An announcement is expected in August, after a long period of negotiations between the Federal and NSW governments over cost-sharing of subsidised electricity supplied through Snowy Hydro. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report Located in New South Wales’ Hunter Valley near Newcastle, the Tomago smelter employs around 1,000...
An environmental advocacy group has raised questions about Alcoa Corporation's planned gallium production project in Western Australia, citing concerns over the proposed expansion of mining activities and the suitability of the region's bauxite resources for gallium extraction following the project's final investment decision. The comments were made by the Jarrahdale Forest Protectors (JFP) after Australia, Japan and the United States, together with Alcoa, confirmed plans to establish a gallium production facility at the company's Wagerup alumina refinery in Western Australia. According to the organisation, expanding gallium production from the region could result in additional mining activity across the Northern Jarrah Forest and the Darling Range if legislative changes are introduced to...
Cameroon's flagship Minim-Martap bauxite project has come under fresh scrutiny after majority shareholder A2MP Investments launched a takeover bid for Canyon Resources, arguing that rising freight costs, lower marketing premiums and higher operating expenses could undermine the project's economics in its current form. A2MP, which already owns 55.56 per cent of Canyon Resources, is seeking full control of the Australian mining company through an unsolicited off-market takeover offer. If successful, the company plans to reassess the scale of the Minim-Martap Bauxite Project, potentially replacing Canyon's original development strategy with a smaller operation integrated into A2MP's broader African aluminium value chain. Higher costs put Minim-Martap economics under scrutiny At the centre of...
Austrian aluminium producer AMAG Austria Metall AG has upgraded its full-year earnings outlook after delivering a strong first half of 2026, supported by higher aluminium prices, record shipments from its Rolling Division and a successful production ramp-up at its Ranshofen facility. While geopolitical tensions and working capital requirements continued to weigh on cash flow, stronger operational performance across the business helped offset market uncertainties and reinforced the company's confidence for the remainder of the year. AMAG reported a solid improvement across its key financial indicators during the first six months of 2026, reflecting stronger pricing conditions and improved operational execution. Revenue: EUR 850.7 million (USD 978.3 million), up 8.2 per cent year on year...
Azerbaijan’s aluminium sector reported a robust export growth chart during the first half (H1) of 2026. Overseas shipments of aluminium and aluminium products generated USD 141.52 million , which, as per the country’s State Customs Committee, marks a 40 per cent year-on-year increase. Between January and June 2026, the country exported 40,435.29 tonnes of aluminium and aluminium products, up by 5,210 tonnes or 14.7 per cent Y-o-Y from 35,224.84 tonnes recorded during the corresponding period last year. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report The higher shipment volume brought about an additional USD 40.53 million in export revenue compared Y-o-Y with H1 2025,...
Today, the most-traded SHFE aluminium 2609 contract closed at RMB 23,625 per tonne, up 240 yuan, or 1.03 per cent. Trading volume was 209,579 lots, and open interest was 250,601 lots, with a daily decrease of 3,175 lots. Capital clearly exited, with both bulls and bears reducing positions to lock in profits. The price held above the 5-day, 10-day, and 30-day moving averages but remained below the 60-day line. Short-term bearish pressure has significantly eased as the price continues to repair from lows following a steep decline earlier. Today the price shot up to close sharply higher, with bulls showing improving buying support at lower levels. The 5-day and 10-day moving averages have turned upward, while the 30-day and 60-day moving averages remain in a downtrend, indicating that the...
Alurion Resources Limited has begun trading on the Australian Securities Exchange (ASX) after raising AUD 50 million (USD 35 million) through its initial public offering (IPO), providing fresh capital to advance the Amargosa Bauxite-Gallium Project in Bahia, Brazil. This is the start of a new chapter for the standalone explorer, which will focus exclusively on developing one of Brazil's emerging bauxite and gallium assets as demand grows for aluminium raw materials and critical minerals. The company commenced quotation on July 31, 2026, following its admission to the Official List on July 29. The proceeds from the IPO are expected to accelerate exploration and early-stage development of the USD 119 million Amargosa project, positioning Alurion to independently pursue opportunities in both...
Aluminium is steadily gaining greater prominence in electric vehicle (EV) manufacturing. Ferrari and BMW have been widening the metal’s use in vehicle wiring as rising copper prices are prompting automakers to explore lighter and cost-effective alternatives. According to GEM Mining Consulting , the trend indicates a growing focus on reducing vehicle weight and material costs, where aluminium, given its select features, steps in. To know the aluminium casting demand forecast in the transportation sector, explore our report “ Global Aluminium Casting Market 2026-2032: Plant Economics, Alloy Segmentation, Pricing Intelligence, Supply Chain Analysis & Strategic Recommendations ” Ferrari has already adopted aluminium power cables, reducing wiring weight by up to 20 per cent , while BMW has...
Vedanta Aluminium Metal Ltd (VAML) is expected to report a strong set of results for the June quarter (Q1 FY27), with analysts forecasting a 194.7 per cent year-on-year rise in net profit, supported by higher aluminium prices, increased production and continued progress in backward integration. The recently demerged Vedanta Group company is also declared its first interim dividend of INR 8 (USD 0.084) per equity share for FY27. Kotak Institutional Equities estimates the company will report a net profit of INR 5,693.5 crore (USD 595 million), nearly three times higher than the INR 1,932.3 crore (USD 202 million) recorded in the corresponding quarter last year. Revenue is projected to increase 37.5 per cent year-on-year to INR 20,013.7 crore (USD 2.1 billion), compared with INR 14,556 crore...
Across the aluminium value chain, for manufacturers, traders, recyclers, machinery suppliers and service providers, securing business depends upon product quality, production capacity or pricing. But in an increasingly digital business environment, being easily discoverable by prospective buyers has become an equally important part of the sales journey. Today, procurement teams often begin supplier searches through specialised B2B marketplaces that allow them to compare companies, products and capabilities within a single platform. For suppliers, this means that visibility — where a company appears, how its products are presented and how easily buyers can find relevant information — can play a significant role in generating business enquiries. Recognising this growing importance of...
Rio Tinto -operated Bell Bay Aluminium, Australia’s only predominantly renewable-powered, green aluminium smelter, has been left out of the Federal Government’s AUD 2 billion (USD 1.39 billion) Green Aluminium Production Credit scheme . As a result, the facility faces renewed pressure as it races to secure a long-term electricity agreement before the end of the year. The Tasmanian smelter, which has operated since 1955 and has an annual production capacity of 187,000 tonnes, relies largely on hydroelectric and wind power, accounting for about 25 per cent of Tasmania’s total electricity consumption. Despite its low-carbon energy profile, it does not qualify under the federal incentive programme, prompting criticism from state leaders. Explore: The most comprehensive and forward-looking...
The Rio Tinto -owned aluminium smelter is still negotiating a new power supply agreement with state-owned Hydro Tasmania. The current agreement expires on December 31, and industry sources indicate Rio Tinto has set the end of August as the deadline to reach a new deal before considering closure of the facility. The uncertainty comes shortly after the closure of the Liberty Bell Bay manganese smelter, raising concerns about the future of heavy industry in northern Tasmania. Bell Bay Aluminium consumes around 355 megawatts of electricity, accounting for approximately 25 per cent of Tasmania's total power demand. Beyond its role as a major aluminium producer, the smelter also helps maintain stability in the state's electricity network by adjusting its power consumption under the System...
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that the second cohort of UAE National engineers has successfully completed an EGA Technical Leadership programme in Switzerland. Conducted in collaboration with R&D Carbon, a leading Swiss consultancy specialising in carbon technology and process improvement for the aluminium industry, the programme provides participants the opportunity to design and implement innovative solutions to advance EGA’s Carbon & Port operations. Applying their technical knowledge to tackle real-world industrial challenges, each participant was also asked to develop an individual thesis and present their findings as part of the graduation ceremony. In attendance was Werner Fischer, Founder...
Metro Mining has reported record quarterly bauxite shipments for the three months ended June 30, 2026, despite operational disruptions caused by Tropical Cyclone Narelle and the temporary dry-docking of its Offshore Floating Terminal (OFT) Ikamba. The company shipped 1.8 million wet metric tonnes (WMT) of bauxite during the quarter, up 7 per cent from the corresponding period of 2025, while maintaining its full-year shipment guidance of 6.6-7.1 million WMT. Chief Executive Officer Simon Wensley said, “In June, we demonstrated proof of concept of our new integrated planning and operating system and aligned management structure, thanks to focused efforts from Metro and contractor teams.” He added, “Achievement of record Q2 output was pleasing given the post-cyclone recovery and the absence...
Market: The most-traded SHFE aluminium contract opened at RMB 23,455 per tonne during the night session on July 29, hit a high of RMB 23,510 per tonne, a low of RMB 23,420 per tonne, and finally closed at RMB 23,480 per tonne, up 0.11 per cent from the previous close. During this session, the price consolidated at highs and closed as a small bullish candlestick, remaining firmly above the MA5 (23,415.45), MA10 (23,341.50), MA20 (23,269.66), MA40 (23,257.06), and MA60 (23,347.40) moving average system, with the moving averages providing support and the stage low support being effective, keeping the price centre high. Trading volume shrank significantly during this session, while open interest edged down, showing characteristics of bearish position reduction and a lack of follow-through...
LME aluminium prices strengthened on July 29 compared with July 28, with gains recorded across the cash, three-month and December 2027 contracts, while exchange inventories continued to decline. The LME aluminium cash bid price stood at USD 3,205 per tonne on July 29, up from USD 3,159 per tonne on July 28, marking an increase of 1.46 per cent. The cash offer price rose to USD 3,207 per tonne from USD 3,159.5 per tonne, an increase of 1.50 per cent. The LME aluminium three-month bid price increased to USD 3,176 per tonne on July 29 from USD 3,143 per tonne a day earlier, up 1.05 per cent. The three-month offer price also climbed to USD 3,177 per tonne from USD 3,143.5 per tonne, registering a 1.07 per cent increase. Explore: The most comprehensive and forward-looking industry-focused...
FAST Metals, the mining technology company recovering base and rare materials from red mud (bauxite tailings) and other iron-rich waste, has raised USD 4.3 million in pre-seed funding and announced its first commercial customer, Metalox Mineral Corporation. Under a strategic partnership, FAST Metals will process one ton of red mud & other iron bearing waste feed stock per week at Metalox’s Florida facility, confirming the commercial viability of its technology. Having additional MOUs signed with trading partners, FAST Metals’ early-stage investment is led by New Climate Ventures with backing from mining and tech authorities such as Azolla Ventures, Astor Swiss (a family office in Switzerland with Glencore roots) and Rio Tinto, via its mining tech accelerator with Founders Factory. Global...
Data from Mysteel shows that domestic primary aluminium-based semi-products consumed 5,450.5 tonnes of molten aluminium the week ending July 23,2026, down 4,390 tonnes week-on-week. In June, domestic weekly molten aluminium consumption by aluminium semis producers maintained a steady upward trajectory, and by late June, the figure had surpassed 550,000 tonnes. However, as July set in, the combined impact of high temperatures and the traditional off-season led to a contraction in downstream orders. While performance varied somewhat across product categories, the overall production momentum of primary aluminium-based semi-products weakened amid the broader downturn. Enterprises have successively implemented phased production cuts and shutdowns. In terms of weekly molten aluminium...
