Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced a technology upgrade pilot at the company’s Al Taweelah smelter, which will further improve productivity and efficiency. The pilot upgrades to 13 DX technology reduction cells will be used to prove the performance of the new technology, called E40, before industrialisation across all 808 DX technology reduction cells at potlines 1 and 2 at Al Taweelah. If applied to all 808 reduction cells, EGA’s E40 technology has the potential to increase hot metal production from the two potlines by 67 thousand tonnes per year, while reducing net specific energy consumption and associated carbon dioxide emissions from power generation by approximately six per cent per tonne of...
Maaden’s aluminium business delivered a stronger Q2 2026 performance, with revenue rising 49 per cent year on year to USD 1.01 billion, supported by higher aluminium production and stronger realised prices. According to industry sources, Maaden’s aluminium business produced 242,000 tonnes in Q2 2026, while realised aluminium prices reached USD 3,915 per tonne, up 51 per cent. The combination of higher aluminium output and stronger realised prices helped drive the 49 per cent increase in Maaden aluminium revenue to USD 1.01 billion. The growth came alongside gains in both volume and pricing rather than from a one-off accounting effect. The stronger Q2 performance puts aluminium prices in focus for Maaden’s earnings. With realised aluminium prices reaching USD 3,915 per tonne, the company...
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The European Union's approach to Russian primary aluminium imports has significantly transformed in a landscape marked by evolving geopolitical tensions, as revealed by a recent report by Eurasia Strategic Consulting. While presently, any formal sanctions on Russian aluminium remain absent, other than the earlier ban on the aluminium wire rod, foil, tubes, and pipes supplied from Russia, the practical reality of self-sanctioning by European importers and the ripple effects of secondary sanctions have dramatically altered the market dynamics. Recent actions from the U.S. and UK governments have significantly influenced the shift in the EU's stance on Russian primary aluminium imports. In April 2024, both nations took decisive steps that led the London Metals Exchange (LME) and the Chicago...
The International Organisation of Aluminium Aerosol Container Manufacturers, popularly known as AEROBAL, reveals its latest survey showing a significant increase in global deliveries from its members in the first half of 2024. According to the survey, the deliveries grew across all the major packaging industries, driven by strong demand, particularly from the cosmetic industry. Products like deodorants and hairsprays reported a growth of 7 per cent and 8 per cent, respectively, in aluminium container deliveries. The food sector also recorded a strong market, securing 12 per cent more aluminium containers in H1 2024 than in the corresponding period of the previous year. Deliveries to the pharmaceutical sector grew by around 3 per cent. AEROBAL suggests deodorants and perfumes are the...
According to the Shanghai Metals Market (SMM), the average alumina spot price has skyrocketed by RMB 18 per tonne to clock at RMB 3,993 per tonne. This significant growth in China’s domestic alumina price highlights the growing demand for alumina to support the increased production of primary aluminium. All major regions like Shandong, Henan, and Guizhou have experienced price hike. In Henan and Guizhou regions, the average price stands at RMB 4,010 per tonne and RMB 3,975 per tonne, both ascending by RMB 25 per tonne. Also, the price has soared by RMB 10 per tonne in Shandong and Guanxi regions, averaging at RMB 3,960 per tonne and RMB 3,965 per tonne, respectively. Likewise, the average A00 aluminium ingot price has experienced a slight increase from the previous day. On September 19,...
On September 19, 2024, the UK embassy in Jakarta announced that Britain signed a memorandum of understanding (MoU) with Indonesia to collaborate on critical minerals. Indonesia, the largest country in Southeast Asia and known for its vast mineral resources, will work with the UK to enhance policy dialogue, exchange technical knowledge, and foster expertise in key areas such as supply chain resilience, sustainable processing (both upstream and downstream), and the assessment of mineral criticality. The statement did not provide specific details regarding the agreement. With its abundant deposits of bauxite, tin, and copper, Indonesia is the world’s largest producer of nickel ore. The country strives to maximise the value of its mineral resources. The country is actively seeking to attract...
The previous trading day, LME aluminium opened at US$2,509 per tonne, reached a high of US$2,542 per tonne, a low of US$2,485 per tonne, and closed at US$2,522 per tonne, up US$15.5 per tonne, an increase of 0.62 per cent. On Wednesday, September 18, both LME aluminium cash bid price and LME aluminium official settlement price gained US$14.5 per tonne or 0.57 per cent to clock at US$2,519.50 per tonne and US$2,520 per tonne. As per the LME graph, 3-month bid price and 3-month offer price added US$8.5 per tonne or 0.33 per cent and US$7 per tonne or 0.27 per cent to settle at US$2,527.50 per tonne and US$2,528 per tonne. December 25 bid price and December 25 offer price moved up by US$2 per tonne or 0.07 per cent to settle at US$2,620 per tonne and US$2,625 per tonne. LME aluminium opening...
Apple, the American multinational company and technology giant, has recently launched its much-awaited iPhone 16 and iPhone 16 Plus. Apart from its cool gadgets and electronics, Apple has always been known for sustainable measures to protect the environment. Making progress towards its goal of achieving carbon neutrality across the entirety of its manufacturing supply chain and all stages of product life cycles by the year 2030, Apple has successfully reduced GHG emissions for both its iPhone 16 and iPhone 16 Plus with 128GB by 30 per cent compared to the projected business-as-usual scenario, as modelled by Apple. iPhone 16 contains 85% recycled aluminium This device features over 30 per cent recycled materials, including 85 per cent recycled aluminium in the enclosure, which has lowered...
Euro Panel Products Ltd, which owns EUROBOND - one of India's leading aluminium composite panel brands- today integrates India’s most advanced coating line with an INR 30 Crore investment. The development aims to strengthen the make-in-India initiative, with a significant capacity of 750 tonnes monthly. This cutting-edge coating line is also the country’s longest line. It features a three-coat, two-bake continuous processing with an accumulator, helping Euro Panel Products Ltd to mitigate dependency on Chinese materials and manufacture 100 per cent Make-in-India products. The INR 30 Crore investment by Euro Panel Products Ltd includes costs associated with machinery and land. It will also generate 50 immediate jobs, with another 25 in the next 6 months, contributing to local employment...
In August 2024, China’s imports and exports of unwrought aluminium and aluminium products increased, suggesting an increase in domestic production and a gradual recovery in demand aligned with a ramp-up in overseas orders for Chinese aluminium semis. Overview of August imports According to the General Customs data, China’s unwrought aluminium and aluminium product imports in August saw a significant month-on-month hike of 7.69 per cent, while that on a year-on-year basis witnessed a growth of 1.9 per cent. As per the Customs data, China imported 280,000 tonnes of unwrought aluminium and aluminium products in August 2024, compared to 260,000 tonnes imported in July. Thus, the total imports in the first eight months of 2024 amounted to 2.58 million tonnes, up by 51 per cent from the...
Calderys has reached a significant milestone in its global growth strategy with the commencement earlier this year of a project in the state of Odisha, India. This project will be the world's largest single-site greenfield plant dedicated to refractories and steel casting fluxes. It represents a strategic move from Calderys to expand its product range with acidic and basic bricks and overall production capacity in line with the evolving needs of the Indian refractory market, particularly in the eastern and southern regions. When finished, the 40-acre plant will include five state-of-the-art production lines for acidic and basic bricks, monolithic, ready-shaped products, and steel casting fluxes, as well as the latest quality testing facilities. Construction began five months ago and is...
LME aluminium opened at US$2,517 per tonne, hit a high of US$2,539.5 per tonne, a low of US$2,505.5 per tonne, and closed at US$2,506.5 per tonne, down US$8.5 per tonne, a decrease of 0.34 per cent. On Tuesday, September 17, both LME aluminium cash bid price and LME aluminium official settlement price inched up by US$0.5 per tonne or 0.01 per cent to clock at US$2,505 per tonne and US$2,505.50 per tonne. As per the LME price graph, 3-month bid price and 3-month offer price moved up by US$1 per tonne or 0.03 per cent and US$2.5 per tonne or 0.09 per cent to stand at US$2,519 per tonne and US$2,521 per tonne. December 25 bid price and December 25 offer price added US$3 per tonne or 0.11 per cent to arrive at US$2,618 per tonne and US$2,623 per tonne. LME aluminium opening stock came in at...
The Public Enterprise Selection Board (PESB), a high-powered body constituted by the Government of India, has selected Brijendra Pratap Singh as the next Chairman-cum-Managing Director (CMD) of National Aluminium Company Limited (NALCO), a Schedule 'A' Central Public Sector Undertaking (PSU). Singh, currently the Director in charge of Burnpur and Durgapur Steel Plants at Steel Authority of India Limited (SAIL), was chosen from a pool of six candidates. His appointment is now pending requisite clearances and final approval from the Appointments Committee of the Cabinet (ACC). He is set to succeed Sridhar Patra, the current CMD, who will retire on October 31, 2024. Once the post becomes vacant, Singh will formally take over on expected from November 1, 2024.
Versalux, a pioneer in bringing state-of-the-art lighting systems to the Australian market, is scaling up its sustainability drive by adopting locally sourced low-carbon aluminium from Capral Aluminium, Australia's largest extruder and distributor of industry-leading aluminium products. Embracing Capral's low-carbon aluminium LocAl® represents Versalux's commitment to environmental stewardship and decarbonising commercial buildings to combat climate change. In addition, this move also sets a positive example for the lighting industry in terms of working towards producing sustainable products. Versalux has adopted Capral aluminium for two popular lighting products – INFINITI and VERSATUBE. INFINITI is a modern luminaire solution designed for mounting in long lengths. It is exclusively...
Ma'aden, Saudi Arabia's premier mining company, has reached an agreement to acquire SABIC's 20.62 per cent stake in Aluminium Bahrain (ALBA). This acquisition reflects Ma'aden's ongoing commitment to regional expansion and aligns with its ambitious goal to achieve a tenfold growth by 2040. The announcement follows the news that Ma'aden and Aluminium Bahrain (Alba) have agreed on non-binding Heads of Terms to explore the possibility of creating a global aluminium powerhouse in the region. Additionally, Ma'aden revealed plans to consolidate its aluminium business through a Share Purchase and Subscription Agreement with long-term partner Alcoa. Bob Wilt, CEO of Ma'aden, stated, "As we continue in our growth journey, the acquisition of shares in a highly experienced, well-developed regional...
According to the Shanghai Metal Market (SMM), alumina prices have again surged for the 5thday at a stretch. Today, as of 18th September, the price has ascended by RMB 7 per tonne, reaching RMB 3,975 per tonne. The increase in key regions like Henan, Shanxi and Guizhou is even higher, with prices up by RMB 10 per tonne in Henan and RMB 15 per tonne in both Shanxi and Guizhou. This brings the average price to RMB 3985 per tonne in Henan, RMB 4015 per tonne in Shanxi and RMB 3950 per tonne in Guizhou. The average prices remain unchanged in regions like Shandong and Guangxi, with an average of RMB 3,950 per tonne and RMB 3,955 per tonne, respectively. Meanwhile, as of 18th September, the aluminium ingot price on the Shanghai Metal Market (SMM) soared by RMB 30 per tonne to balance out the...
Aston Martin, a British manufacturer of luxury sports cars and grand tourers, is set to advance its sustainability efforts with £6 million in funding from the UK Government for an innovative project focused on developing lightweight, sustainable aluminium castings for future vehicles. The luxury sports car brand has obtained funding for its Project PIVOT through the Advanced Propulsion Centre UK (APC) following a competitive process. Project PIVOT is a collaborative five-partner research and development project led by an England-based aluminium supplier, Sarginsons, and supported by Aston Martin. This project seeks to achieve a new milestone in the global casting industry by modernising designs, reducing weight, and significantly curbing carbon emissions while producing cast aluminium....
The global mining and metal giant Rio Tinto has announced plans to develop Pongamia seed farms in Australia as part of a new biofuels pilot project to produce renewable diesel. The project will explore the potential of Pongamia seed oil as a feedstock for renewable diesel. This promising and innovative approach could position it as a cleaner alternative to conventional fossil fuels. The initiative seeks to assess whether Pongamia seed oil can meet Rio Tinto's future renewable diesel needs while fostering the growth of the biofuel industry in Australia. The company is in the final stages of acquiring around 3,000 hectares of cleared land near Townsville, Queensland, where it will establish farms to monitor seed growth and measure oil yields under local conditions. Rio Tinto has partnered...
Bizongo, a B2B platform specialising in supply chain financing and integrated raw material procurement solutions like aluminium and steel, has entered the next phase of expansion with BizongoBuy and BizongoFin. Backed by Accel and IFC, the Series E-funded B2B e-commerce platform is strategically adopting the 'golden triangle' approach—integrating commerce, financing, and logistics, a model traditionally used in B2C—to drive innovation in the fast-evolving B2B space. Both BizongoBuy (raw material marketplace) and BizongoFin (embedded supply chain finance platform) will be expanded into new and larger businesses, followed by the appointment of a new CEO. Additionally, Bizongo has bolstered its senior leadership by appointing a Chief Technology & Product Officer and a Chief Financial...
On Tuesday, September 17, Century Aluminum, a global primary aluminium producer with operations in the United States, announced the resumption of normal shipping operations of alumina at Jamalco’s Rocky Point port after the completion of the repair work of damages caused by devastative cyclone Hurricane Beryl. The news came after Century’s President and CEO Jesse Gary said, “I want to thank our entire Jamalco team who rose to the occasion following Hurricane Beryl and successfully completed these repairs safely and with a disciplined focus on execution.” Century’s Jamalco alumina refinery was back to full operation within less than two weeks after recovering from the impact of Hurricane Beryl, which took place on July 3, bringing intense winds and heavy rains. In Iceland, Century Aluminum...
