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...
Grow with
AL Circle
According to the Shanghai Metal Market, after several days of no movement, alumina prices have finally surged by RMB 9 per tonne, reaching RMB 3,916 per tonne. In key regions like Henan, Shanxi, Guizhou, and Guangxi, the increase is even higher, with prices up by RMB 10 per tonne. This rise follows a significant period of price stability and has implications for the overall aluminium market. Meanwhile, as of 27th August, the aluminium ingot price on the Shanghai Metal Market (SMM) remains unchanged for the second time this month. This marks a notable pause after eight consecutive days of price increases. The current average price is RMB 19,740 per tonne, within a range of RMB 19,720 to RMB 19,760 per tonne. The spot contract is expected to trade at a discount of RMB 120 to RMB 80 per...
Alucam, a Cameroon-based aluminium company engaged in producing ingots, plates, coils, sheets, and discs, has reported substantial growth in the export of raw aluminium to France in 2023. The export volume amounted to 15,879 tonnes, making aluminium the fifth largest product being shipped from Cameroon to France in 2023. France has become a dominant destination for Cameroon’s aluminium exports. In 2023, the European country alone received 36 per cent of Cameroon’s aluminium exports, contributing about 38.4 per cent of the country’s export revenue. Throughout 2023, Cameroon’s total aluminium exports reached 43,916 tonnes, generating CFA54.2 billion. On August 19, 2024, the National Institute of Statistics (INS) backed the data, revealing that these exports brought in CFA 20.8 billion for...
On Tuesday, August 27, the SHFE aluminium benchmark price moved up by US$2 per tonne or 0.07 per cent to clock at US$2,789 per tonne. W-o-W, the price has surged by US$40 per tonne or 1.45 per cent from US$2,749 per tonne. The most-traded SHFE aluminium 2410 contract opened at RMB 19,930 per tonne overnight, reaching a high of RMB 19,980 per tonne and a low of RMB 19,860 per tonne, and closed at RMB 19,890 per tonne, down RMB 35 per tonne, a decrease of 0.18 per cent. LME price On Monday, August 26, the LME market was closed for a day due to the summer bank holiday. However, on Friday, August 23, both the LME aluminium cash bid price and LME aluminium official settlement price gained US$28.5 per tonne or 1.15 per cent and US$28 per tonne or 1.13 per cent to clock at US$2,498.50 per tonne...
The Ministry of Consumer Affairs, Food, and Public Distribution, Government of India, has issued a notice regarding the appropriate units of measurement for the sale of food wrapping paper and aluminium foils used for carrying food products. These products are sold by weight (in kilograms) and/or length (in metres). The notice cites Rule 12 and Rule 16 of the Legal Metrology (Packaged Commodities) Rules, 2011, which require that the quantity declaration on packaging be precise and accurate for consumer transparency. The packaging must state the number of usable sheets and dimensions for items like aluminium foils. The Ministry proposes that both weight (kg) and dimensions (metre x metre or cm x cm) be declared on packaging to ensure that consumers have accurate information about the...
According to a recent report, the Canadian government is contemplating replicating the United States tariff plans on electric vehicles, aluminium, and steel imported from China. The news came on August 26 after the Toronto Star, a Canadian English-language broadsheet daily newspaper, reported about the Canadian government's plan. As per the report, the government plans to implement a 100 per cent tariff on China-origin electric vehicles and 25 per cent on aluminium and steel, following Washington's increased tariffs on Chinese electric cars from 25 per cent to 100 per cent, coming into effect on August 1, 2024. In May 2024, Joe Biden's administration announced the increase of tariffs on Chinese goods, including electric vehicles, semiconductors, and minerals, aiming to protect the...
The management council of Guangyuan Economic Development Zone recently concluded an investing agreement with Deyang Tianhe Machinery Manufacturing Co., Ltd. for a new production project. The new project will be centred on manufacturing aluminium alloy auto parts with a targeted annual output of 30000 tonnes. It is a move to produce lightweight car components that cost RMB 1 billion. Once operational, the project's projected annual output value will be approximately RMB 950 million, with tax revenue of around RMB 20 million, and it will produce up to 1500 jobs. Shipan Industrial Park hosts this particular project, which is being developed by Deyang Tianhe Machinery Manufacturing Co., Ltd. In general, Deyang Tianhe produces aluminium alloy casting, finishing and assembly primarily for...
Coffee pods have become a staple in our daily routines, offering unmatched convenience and efficiency for brewing coffee. As per the reports, Oxford City Council has announced that over 2.3 million used aluminium and plastic coffee pods have been recycled. Recycling coffee pods is a significant step towards reducing the environmental impact of their production and disposal. Impressive milestone for Oxford Oxford Direct Services (ODS), which operates on behalf of the council, collects the pods for processing by the not-for-profit recycling service Podback. So far, around 3,500 households have signed up with this service since they partnered with ODS three years ago. Oxford City Council is the local authority for the city of Oxford in Oxfordshire, England. This is an “impressive milestone...
In July 2024, primary aluminium production across Europe saw a month-on-month increase of 3.66 per cent and a year-on-year hike of 3.82 per cent, standing at 595,000 tonnes, according to the International Aluminium Institute data. The increase in July output was contributed by both Eastern Europe (including Russia) as well as Western & Central Europe. Russia & Eastern Europe Russia & Eastern Europe's primary aluminium production in July 2024 registered a month-on-month increase of 3.82 per cent and a year-on-year hike of 4.75 per cent, as per the data shown by the International Aluminium Institute. The primary aluminium output in Russia & Eastern Europe during July 2024 was 353,000 tonnes, compared to 340,000 tonnes in June and 337,000 tonnes in July 2023. The daily average production in...
Ma'aden Aluminium, Saudi Arabia's premier mining company, was successfully re-certified with the ASI Chain of Custody Standard V2 for its bauxite mining at the Al-Baitha Mine and its operations at Ras al-Khair industrial city, which encompasses alumina refining, smelting, and the production of ingots, billets, and slabs. The certification also extends to aluminium remelting and flat-rolled product manufacturing. Notably, all recertification conducted after June 1, 2023, must adhere to the updated 2022 ASI Chain of Custody Standard, which Ma’aden Aluminium has successfully transitioned to. The ASI Performance Standard V3 and Chain of Custody Standard V2, introduced in May 2022, elevate the expectations for responsible practices in the aluminium industry. The ASI Performance Standard V3...
Austria-based high-quality aluminium products supplier Hammerer Aluminium Industries (HAI) celebrated the inauguration of its new P61 extrusion press line and logistics centre at its headquarters in Ranshofen, Austria. The event, which drew guests from local government and business sectors, marked not only the unveiling of the state-of-the-art press line but also the successful conclusion of a €125 million investment initiative that the HAI Group embarked on in 2022. Image Source: Light Metal Age According to Light Metal Age, the new press line expands capacity and enables the production of highly complex aluminium profiles for the automotive sector. The recently completed €125 million investment package encompassed a diverse range of projects. About the new P61 press line The P61 line...
Societe Generale International has announced its decision to withdraw from the London Metal Exchange's (LME) open-outcry trading floor, known as the "ring," a move that has sparked concerns about the future viability of this historic trading venue. The LME, the world's oldest and largest market for industrial metals, confirmed the news on August 23, 2024. This departure leaves only seven members operating within the LME ring, a significant decline from its peak of around 30 members in the late 1980s. The ring, renowned for its iconic circle of padded red leather seats, has long been a hub for traders who engage in intense five-minute sessions using traditional hand signals to trade key metals such as copper, aluminium, zinc, lead, nickel, and tin. The daily prices on the LME trading floor...
The Australian Government has convened a panel of industry experts to guide the nation's metals sector towards a more sustainable future. The newly established Green Metals Advisory Panel comprises leaders from across the metals, finance, research, and decarbonisation industries. Key members of the panel include Mark Cain, CEO of the Australian Steel Institute; Paul Howes, National Managing Partner at KPMG; Marghanita Johnson, CEO of the Australian Aluminium Council; and Rebecca Tomkinson, CEO of the Chamber of Minerals and Energy of Western Australia. The panel also features Jenny Selway, CEO of the Heavy Industry Low-Carbon Transition Cooperative Research Centre; Paul Farrow, National Secretary of the Australian Workers Union; and Steve Murphy, National Secretary of the Australian...
According to the Shanghai Metals Market, A00 aluminium ingot price in China has initiated the week of August 26 with an increase of RMB 40 per tonne to stand at RMB 19,740 per tonne. The price has marked a week-on-week hike of RMB 280 per tonne from RMB 19,460 per tonne and a month-on-month surge of RMB 540 per tonne from RMB 19,200 per tonne. The average prices today are estimated to range between RMB 19,720 per tonne and RMB 19,760 per tonne, with a spot contract to be traded at a discount price of RMB 110 per tonne and RMB 70 per tonne. China’s domestic price of low-carbon aluminium has also seen a hike of RMB 54 per tonne on August 26 to clock at RMB 20,582 per tonne, standing at a week-on-week high of RMB 253 per tonne compared to RMB 20,329 per tonne and a month-on-month increase of...
LME aluminium opened at US$2,475 per tonne, with a high of US$2,547.5 per tonne and a low of US$2,473.5 per tonne, closing at US$2,533.5 per tonne, up US$67 per tonne or 2.72 per cent. On Friday, August 23, both LME aluminium cash bid price and LME aluminium official settlement price gained US$28.5 per tonne or 1.15 per cent and US$28 per tonne or 1.13 per cent to clock at US$2,498.50 per tonne and US$2,499 per tonne. The LME aluminium price has shown growth for the fifth consecutive day. Overall, from Monday to Friday, the price has grown by US$129.5 per tonne or 5.46 per cent from US$2,369.50 per tonne recorded on Monday. As of Friday, both 3-month bid price and 3-month offer price added US$16 per tonne and US$16.5 per tonne to peg at US$2,508.50 per tonne and US$2,509 per tonne....
A strategic collaboration has been formed between India's Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), Nagpur, and Japan's leading aluminium product manufacturer, Daiki Aluminium Industry Company Limited. The collaboration aims to strengthen the Indo-Japanese economic partnership and promote sustainable aluminium production. The two entities formalised their partnership through a Memorandum of Understanding (MoU) signed at Daiki Aluminium's headquarters in Osaka, Japan. The MoU was signed by Goto Kazushi, Senior Managing Director of Daiki Aluminium Industry Company Limited, and Dr Anupam Agnihotri, Director of JNARDDC, with key figures including Fukushima Toshitake, Vice General Manager of Overseas Business Coordination at Daiki, R.N. Chouhan, Head of...
As a nation severely affected by the ongoing geopolitical crisis with its neighbouring country, Ukraine's Head of the State Property Fund, Vitalii Koval, believes that the Zaporozhye Aluminium Plant (Zaporizhzhia Aluminium Plant) will appeal to investors primarily as a site for industrial development. Vitalii Koval, a key figure in the State Property Fund, shared his insights, as reported by NikVesti. Koval stated that the State Property Fund cancelled the auction for the sale of the Zaporozhye Aluminium Plant (ZAP) after three unsuccessful attempts. Vitalii Koval said, "ZAP is certainly of interest to potential investors. Especially as a brownfield site with developed infrastructure. This opens opportunities to create new industries, contributing to the region's economic development."...
South Africa’s state-owned energy company Eskom Holdings SOC Ltd has reportedly launched electric vehicle (EV) charging infrastructure at the Eskom Academy of Learning (EAL) in Midrand as part of its long-term commitment to support the growth of the eMobility sector within South Africa and contribute to the nation’s broader goals of reducing carbon emissions. In collaboration with Gridcars, Eskom has installed ten EV charging stations across five sites nationwide. These sites include Brackenfell in Cape Town, Mkondeni in Pietermaritzburg, Tlhabane Customer Network Centre in Rustenburg, and Marathon Customer Network Centre in Mbombela. Each station has direct current (DC) fast chargers capable of delivering 60kW of power and dual alternating current (AC) chargers with 22kW of power,...
Foreign direct investment (FDI) in China has declined to its lowest level in three decades, according to official data released by the State Administration of Foreign Exchange in February 2024. The sharp decline highlights growing concerns among foreign corporations over China's increasingly stringent regulations and the impact of U.S. sanctions, as Nikkei Asia reported on February 19, 2024. In 2023, China's net FDI totalled a mere $33 billion, a staggering 80 per cent drop from the previous year. This marks the second consecutive year of decline, a significant fall from the peak of $344 billion recorded in 2021. Despite the dismal overall figures, the final quarter of 2023 saw a slight improvement, with inflows surpassing outflows by $17.5 billion. This modest recovery followed the...
