Australian mineral exploration and development company Impact Minerals has reported a net loss after tax of AUD 4.89 million (USD 3.42 million) for the financial year ended June 30, 2026, compared with AUD 9.02 million (USD 6.31 million) in the previous year, as it advances its strategic transition towards high-purity alumina (HPA) production using its Western Australian salt lake resources. The company's FY2026 Annual Report outlines a major shift in its business direction, with HPA development taking centre stage as Impact seeks to establish a position in the supply chains serving electric vehicle batteries, semiconductors, LED lighting and other advanced technology applications. Impact Minerals holds an 80 per cent interest in the Lake Hope HPA project in Western Australia and a 50 per...
The aluminium trade graph, excluding scrap, of Argentina in the first eight months of 2026, till August, continues to surge with steady momentum, indicating an increase in shipments and export earnings of the nation. As of year-to-date (YTD) August 2026, Argentina exported a total of 48,977 tonnes, valued at USD 179.05 million. Excluding aluminium scrap, the export basket covered all the articles of aluminium products including unwrought, bars, rods and profiles, foil, plates, sheets and strips, tube or pipe fittings and aluminium wire. Explore: Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook Volume and value register strong year-on-year growth Calculating the year-on-year growth,...
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As the eleventh month of 2023 concludes, the global aluminium industry is shrouded in the persistent gloom of low indicative prices, primarily attributed to a subdued demand environment. Notably, industry leaders have pre-emptively acknowledged that the initial stages of 2024 are likely to mirror the current downcast conditions. Factors such as economic deceleration in the Western world, inflationary pressures, elevated bank interest rates, escalating energy costs, and geopolitical crises collectively contribute to the hesitancy within the aluminium sector. Consequently, numerous corporate executives have affirmed that order placements for the year 2024 are experiencing delays amid this challenging backdrop. On a positive outlook, the primary catalyst for aluminium demand in 2024 is...
On December 7, the International Aluminium Institute (IAI), a global body that represents the world's leading producers of aluminium, announced a new initiative aimed at tracking and reporting on its member companies' progress in reducing greenhouse gas emissions. This move is being launched at the United Nations Climate Change Conference (COP28) in Dubai. The initiative has already garnered support from major players in the aluminium industry, including Hindalco Industries Ltd, Aluminerie Alouette, Aluminium Bahrain (Alba), Alcoa Corporation, Mitsubishi Corporation and Rio Tinto Aluminium. The IAI's new initiative is an important step towards reducing greenhouse gas emissions and promoting sustainability in the aluminium production industry. Under this initiative, the IAI has committed...
Alubar, a prominent maker of aluminium electrical cables in Latin America, was honoured with the Supply+ Award in the Excellence in Performance category at an event held in Rio de Janeiro in November. The inaugural edition of the award, organised by Transmissora Aliança de Energia Elétrica SA (Taesa), a prominent private conglomerate in the Brazilian electricity transmission sector, recognises suppliers for their significant contributions to the successful development, operation, and upkeep of transmission assets. This includes commendable practises in the domains of security, environmental, social, and governance (ESG) standards, as well as service provision. Taesa selected excellence in performance as criteria for which Alubar was honoured. The evaluation was based on performance in...
Kaiser Aluminum has submitted a patent application for an aluminium alloy sheet that incorporates no less than 50% recycled material in its composition. The patent application (Publication Number: US20230257853A1) was filed recently, describing an aluminium alloy sheet comprising recycled and non-recycled materials. The patent also encompasses the methods for manufacturing the alloy sheet and an aluminium package. This sheet boasts an ultimate tensile strength (UTS) range of 37 to 52 ksi and tensile yield strength (TYS) range of 34 ksi to 47 ksi. The alloy composition comprises a first component made from recycled material and a second component made from non-recycled material. Some of the salient features of Kaiser's patented aluminium alloy are: The aluminium alloy sheet has at least...
Vinca, a UK-based producer of canned wines, has introduced a new line of organic Italian wines in 187ml aluminium cans made by Ardagh Metal Packaging (AMP). The wine is made from organic grapes farmed on Sicily's west coast. Vinca's wines have won several honours in the UK, have been listed on British Airways and Planet Organic, and are currently exported to over ten countries worldwide. AMP's wine Can line is an eco-friendly, cutting-edge solution for the single-serve wine industry. Aluminium beverage cans are great for many reasons, including portability, safety, and the fact that they can be recycled indefinitely. From production to final consumption, the wine in AMP's airtight wine cans maintains its quality. The airline and hotel industries are also seeing a rise in the use of wine...
According to projections, the United States was expected to register a GDP growth of 2.4% in 2023, followed by a slight deceleration to 1.5% in 2024, before picking up marginally to gain 1.7% in 2025. As per the data released by Trading Economics, there has been an annual expansion of 5.2% in Q3 2023, higher than the predicted growth format. The latest Outlook report has projected a moderate global GDP growth of 2.9% in 2023, which is expected to slide down to 2.7% in 2024 before picking up to 3.0% in 2025. It is anticipated that Asia will continue to spearhead most of the global growth throughout 2024-25, just as it did in 2023. But what does this mean for the entire United States and its trade economics? AL Circle's Outlook report highlights a range of risks that could impact the global...
Vedanta Aluminium, the biggest aluminium producer in India, has been honoured with the prestigious 'Best Exporter Award' by the State Government at the 'Odisha State Export Awards' event. The award recognizes the outstanding performance of Vedanta Aluminium's smelter plant in Jharsuguda, which has been the largest exporter in the state for the fiscal years 2020-21 and 2021-22. The award was presented by Shri Pratap Keshari Deb, Minister of Industry, MSME, and Energy, Odisha. Vedanta Aluminium had previously received the same award for the fiscal years 2018-19 and 2019-20. Mr. Sunil Gupta, COO of Aluminium Business, expressed gratitude for the recognition, highlighting Vedanta's commitment to Odisha's socio-economic progress through significant contributions to GDP, employment, and quality...
As per the reports, the global aluminium flat-rolled products market is expected to increase between 2023 and 2030. It is projected to reach a readjusted size of USD 159,230 million by 2028, with a Compound Annual Growth Rate (CAGR) of 4.8 per cent throughout the evaluation period. Based on AL Circle’s report, ‘Global Aluminium Industry- Key Trends to 2030,” extruded aluminium accounted for 32 per cent of global aluminium usage, followed by flat-rolled products at 25 per cent and castings at 23 per cent. Flat-rolled products (FRPs) and wire rods individually accounted for 25 per cent and 8 per cent. Among the end-use sectors, transportation drove the usage by accounting for 27 per cent of the total, followed by building & construction at 23 per cent, packaging at 15 per cent, and...
ALFED has named Mechatherm's Sales Director, Mark Allen, its new President, succeeding Mike Dines as his term concludes. Mark will assume a leadership role on the ALFED board, contributing to the organization's progress until the end of 2025. As the UK aluminium industry's voice, ALFED represents over 150 members spanning the entire supply chain. Ensuring a well-rounded and expert representation across all facets of the aluminium sector is crucial for the ALFED board. Mark, a seasoned professional with over 25 years of experience in the aluminium industry, is set to bring his wealth of knowledge to the ALFED board as the new President. Currently leading a successful sales team at Mechatherm International Limited, Britain's largest global aluminium furnace supplier, Mark has played a...
The South Korean multinational automotive manufacturer Hyundai Motors is reinforcing its commitment to green transportation by allocating $1.52 billion towards establishing an electric vehicle production facility in Ulsan, South Korea. This strategic move contrasts with the decisions of competitors such as General Motors, Ford, and Honda, who are scaling back certain electric vehicle initiatives due to perceived fluctuation in demand, as a global news agency reports. The substantial investment by Hyundai appears well-positioned for success, considering the growing traction of electric vehicles in the global market. In 2022, electric vehicles accounted for 10 per cent of new car sales worldwide, marking a significant increase. The New York Times highlights that the market share of electric...
In the construction industry, ‘scaffolding’ is constantly used in daily operations. Scaffolds, typically temporary structures, serve as elevated work platforms for various construction tasks. Scaffoldings refer to the specific materials or components used to construct these towers, providing a stable platform for workers engaged in construction, repairs, and painting on building surfaces. The construction industry is fiercely competitive today, and traditional options like galvanized steel scaffolding are becoming less practical. Steel, while durable, is prone to rust and is heavy, making transportation and erection labour-intensive. Recognising the need for smarter solutions, leading construction companies are increasingly turning to lightweight and corrosion-resistant aluminium...
LME aluminium opened at US$2165.5 per tonne yesterday, with its high and low at US$2169.5 per tonne and US$2140 per tonne, respectively, before closing at US$2141 per tonne, down 1.13 per cent. The LME aluminium live price chart , on December 6, registered a downward trend, with the LME aluminium cash bid price and the LME aluminium official price losing US$4 per tonne or 0.19 per cent to officially close at US$2,117 per tonne and US$2,117.50 per tonne. If we consider December 2022, the average LME price, according to Westmetall, was US$2,394.88, which fell by US$261.15 per tonne or 10.9 per cent to lock at US$2,133.73 per tonne during December 2023. The average LME aluminium price recorded in January 2022 was US$3,003.08 per tonne, and it has fallen short by US$367.08 per tonne or 12.22...
Vedanta Aluminium, a business of Vedanta Limited and one of the world’s leading producers of aluminium, conducted the third technical masterclass on innovation and efficiency within the extrusion sector last week. The session, titled ‘The Metallurgy of Extrusion’, led by a globally acclaimed extrusion expert and technical advisor Mr Jonathan Pangbom, attracted almost 200 participants from all over the world, including registrations from the US, UK, Switzerland, Saudi Arabia, Italy, Spain, Mexico, Qatar, UAE, Portugal, and so on. The masterclass provided in-depth knowledge on new product development, applications, current market trends, and technical advancements in the aluminium extrusion industry. Vedanta Aluminium is India’s largest producer and exporter of high-quality aluminium...
In an interview, Tajikistan Ambassador to Korea Salohiddin Kirom advocated for a strategic partnership between South Korea and Tajikistan. Tajikistan's "Green Economy Development Strategy 2023-2037" aims to optimise natural resource use, enact regulatory reforms, attract investments, introduce modern technologies, boost global collaboration in the green economy, and double renewable energy production by 2050. Tajik Aluminum Company (TALCO) has already established itself as one of the top global producers of "green aluminium." Tajikistan views the production of "green aluminium," copper, and lithium as advantageous for investments in electric vehicle manufacturing. With abundant natural resources, vast hydropower potential, and mineral reserves, Tajikistan is well-positioned to help South...
SurTec, a company that is an expert in chemical surface finishing solutions, has recently acquired Aluservice, an Italy-based company that focuses on research and development, as well as the distribution of chemical specialities for surface treatment of alloys made of aluminium, zinc, steel, and iron. Aluservice's product range includes a variety of products for aluminium anodization, aluminium coating processes, electroplating of ferrous metals, and coating of other metals. This acquisition is expected to enhance SurTec's capabilities in the field of chemical surface finishing solutions and provide customers with a wider range of high-quality products. The managing director of Aluservice, Dr Raffaele Cadorna, implied: "After 40 years of successful business, we realized that we needed...
V Global Manufacturing Limited's facility in Dehua County, Fujian Province, China, has received ASI Performance Standard V3 (2022) and Chain of Custody (CoC) Standard V2 (2022) Certification for the production of aluminium alloy building profiles, industrial aluminium alloy extrusion profiles, aluminium alloy doors and windows, and curtain wall components. China Quality Mark Certification Group carried out independent, third-party audits. The firm produces various aluminium alloy profiles, doors, windows, and curtain wall components, with an annual capacity of 100,000 tonnes. These products are used in building, construction, and other industries. "We congratulate V Global Manufacturing Limited for achieving dual ASI Certification at their facility. With an increasing global focus on...
Innovative cleaning products company Cleancult, a staunch supporter of sustainability, was recently nominated for the Inc. 2023's Best in Business list in the Sustainability category. Founded by Ryan Lupberger, the New York-based company launched its first-ever ready-to-use aluminium bottles in mass-market retail dish soap and all-purpose cleaning categories. Cleancult's strongly developed hand soaps have just entered the aluminium collection. The Best in Business Awards by Inc. recognises organisations that have remarkably influenced their industries and society. The list, featured in the Winter edition of Inc. magazine, acknowledges the most dynamic organisations across all sizes and sectors that have had a remarkable impact on their communities, industry, environment, or society. "This...
The UK-based waste management company Biffa is set to deploy its inaugural electric skip loader, featuring a new Volvo electric 18-tonne 4×2, which will be introduced on the Isle of Wight. As part of a comprehensive fleet modernisation initiative, Biffa has incorporated the electric skip loader into its fleet, consisting of 104 new vehicles from Volvo Trucks. The Volvo FE Electric, featuring Boughton Engineering skip loader bodywork propelled by dual electric motors, showcases advanced technology. Sporting four batteries, it boasts an impressive range of around 190km and a swift recharge time of 2.3 hours with a 150kW DC charger. Furthermore, the Biffa team can capitalize on mid-shift top-up charges, as the battery efficiently charges to 80 per cent capacity at an accelerated rate....
