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,...
Grow with
AL Circle
LME aluminium opened at US$2198 per tonne last Friday, with its high and low at US$2217 per tonne and US$2183 per tonne, respectively, before closing at US$2200 per tonne, an increase of US$6 per tonne or 0.27 per cent. On Friday, December 1, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$10 per tonne or 0.46 per cent to clock at US$2,147 per tonne and US$2,147.50 per tonne. 3-month bid price and 3-month offer price fell by US$14 per tonne or 0.63 per cent and US$13 per tonne or 0.59 per cent to halt at US$2,183 per tonne and US$2,185 per tonne. December 24 bid price and December 24 offer price slumped by US$15 per tonne or 0.64 per cent to clock at US$2,300 per tonne and US$2,305 per tonne. LME aluminium opening stock halted at 454375 tonnes....
The 28th UN Climate Change Conference of the Parties (COP28) is an event that brings together experts, activists, and stakeholders worldwide to address climate change issues. The discussions will include sustainable practices, reducing emissions, and the role of industries in achieving climate goals. It's an excellent opportunity to learn about innovative solutions and be a part of this critical platform that will help pave the way for a greener tomorrow for the aluminium industry. Japanese industrial giant Hitachi has pledged to produce all of its products in Japan using "green aluminium" made through less carbon-intensive processes than conventional methods. The company aims to achieve this goal by March 2024 and reduce its carbon footprint in order to achieve net-zero carbon emissions...
Background Though the industrial production of aluminium in a reduction cell was started in the 1850s, the computer control of reduction cells did not start until the 1960s. There are several systems used today, of which most are supplied as a package by the technology provider. There are, therefore, very few independent pot control providers, including smelter in-house developed systems. There are essentially no systems for pot technologies operating with less than 200 kA. Nevertheless, there are challenges that all primary aluminium smelters face that can be attenuated with an effective pot control system. The APC+™ system by MetSol is an effective solution. The Process Control System The ADVANCE PROCESS CONTROL PLUS (APC+™) system was developed by MetSol as a solution to three major...
Norsk Hydro signed an agreement with Sanvira Tech LLC to ensure a consistent supply of carbon anodes from Oman for its Norwegian aluminium smelters. The deal stipulates an initial offtake duration of 8 years and will include a maximum of 25 per cent of the total annual use of about 600,000 tonnes of carbon anodes by Hydro's Norwegian smelters. The anodes will be manufactured at Sanvira's upcoming anode facility in Oman, which is now being built. The plant is expected to be completed in the first quarter of 2025. BALCO, a subsidiary of Indian aluminium company Vedanta, incorporated Advanced Driver Assistance Systems (ADAS) and Driver Monitoring Systems (DMS) into their transportation operations, ensuring risk-free inter-plant movements. This AI technology will play a vital role in...
Rio Tinto and Giampaolo Group have created the Matalco joint venture, aiming to meet the ever-growing demand from manufacturers for low-carbon materials. Combining the strengths of North America's largest primary and secondary aluminium producers, this partnership stands as an inspiration for the industry to strive towards sustainability. Rio Tinto's acquisition of a 50% equity stake in Matalco for $700 million, subject to usual closing adjustments, marks a significant step forward in this journey. Rio Tinto is excited to announce the launch of Matalco products, which will allow the company to offer its esteemed customers a comprehensive range of aluminium products. Their product suite will include low-carbon primary aluminium produced with hydropower and a diverse range of recycled...
According to the latest update, Norsk Hydro has completed the transaction of US$1.11 billion with Glencore for the sale of 30 per cent interest in Alunorte alumina refinery and 5 per cent interest in Brazilian bauxite producer and exporter Mineracão Rio do Norte (MRN). The transaction also includes the sale of an additional 40 per cent stake in MRN, which Hydro had to purchase first and then sell to Glencore on the condition that it would no longer have an ownership position in MRN. Around mid-November, the companies received unconditional approval from relevant competition authorities , including Brazil, China, Germany, and Austria, for the partnership over Alunorte and MRN acquisition. “We are looking forward to work with Glencore to further develop Alunorte. Glencore has broad...
According to the International Aluminium Institute data, alumina production in Africa & Asia (ex-China) during October 2023 stood at 1.17 million tonnes, reflecting a rise of 2.63 per cent month-on-month. The output rebounded in the said month to return to the production volume in August. In September, Africa & Asia’s alumina production stood at 1.14 million tonnes versus 1.17 million tonnes in the previous month. The production decline in September was a continuation as alumina output in August also decreased by 0.85 per cent from 1.18 million tonnes. On a year-on-year calculation, alumina production in Africa & Asia (ex-China) during October 2023 was also 0.85 per cent down from 1.18 million tonnes. In the first ten months of 2023, alumina production in Africa & Asia (ex-China) amounted...
South African billionaire family, also known as the Oppenheimer family has bought a majority position in GZ Industries, one of Nigeria's leading aluminium can manufacturers. Jonathan Oppenheimer, the son of Africa's second wealthiest individual, Nicky Oppenheimer, successfully acquired complete control of GZ Industries Ltd., a prominent beverage can manufacturer in Nigeria. This acquisition signifies a strategic investment in potentially revitalising Africa's largest economy. While the agreement's exact financial details are unknown, the private equity group previously had a substantial 37.5 per cent share in GZ Industries; a crucial provider of cans to big corporations, including Coca-Cola Co. GZ began its activities in Nigeria in 2019. Ayodeji Adelakun holds the position of Executive...
Norwegian aluminium and energy giant Norsk Hydro, in a recent development, has partnered with Michigan-based recycling firm Padnos, forming the Joint Venture (JV) "Alusort LLC" to make complete utilisation of Hydro's in-house sorting machine, Hysort. This venture will be fundamental in commercialising "Hydro's proprietary sorting technology, HySort, bringing this advanced aluminium sorting technology to the United States." It was notified that the fifty-fifty joint venture would be utilising Padnos' existing facility in Grandville, Michigan, for the instalment of Hydro's proprietary sorting machine, Hysort. Hydro has assorted a capital investment of almost $4 million, and it is also confident that the Hysort production line will be activated by 2024. The President and CEO of Hydro, Hilde...
Aluminium Stewardship Initiative (ASI) announced that Otto Fuchs KG has been accredited against the ASI Performance Standard V3 (2022) with an emphasis on Material Stewardship and the ASI Chain of Custody Standard V1 (2017), according to the Aluminium Stewardship Initiative (ASI). Entities are now evaluated to Principles 1-4 of the Performance Standard V3 due to the transitional period of Performance Standard Material Stewardship certificates from V2 (2017) to V3 (2022). Except for the Casthouse/Foundry, the audit scope for the Performance Standard V3 Certification includes all design and production operations. "We congratulate OTTO FUCHS KG on achieving ASI Performance Standard Certification with a focus on Material Stewardship for its facility in Meinerzhagen, as well as Chain of...
The New Mexico Economic Development Department declared that two more companies, Coast Aluminum and Monti Inc., were awarded state economic assistance, boosting manufacturing expansions and creating jobs at New Mexico's international Borderplex in Santa Teresa. Coast Aluminum has laid the foundations for a 73,500-square-foot distribution centre in the Santa Teresa Binational Industrial Park, and the company distributes custom and in-stock aluminium materials and stainless steel, copper, brass and architectural metal products across multiple locations in the United States and Mexico. New Mexico Governor Michelle Lujan Grisham has prioritized investing in the state's international border to improve infrastructure and expand global trade as part of the state's efforts to diversify its...
The Shanxi Enterprise Federation and Shanxi Entrepreneur Association hosted the 2023 Shanxi Top 100 Enterprises Summit Forum in Taiyuan on November 21st. Shanxi Aluminium Industry was ranked 54 among the "Top 100 Enterprises in Shanxi Province" and 42 among the "Top 100 Manufacturing Enterprises in Shanxi Province." According to reports, this publication is based on the ranking methods and criteria for the top 100 firms, created by the project team of the Shanxi Enterprise Federation and Shanxi Entrepreneur Association, in compliance with international standards and the China Enterprise Federation. The "Top 100 Enterprises in Shanxi Province" and "Top 100 Manufacturing Enterprises in Shanxi Province" for 2023 have been approved by the expert committee based on the 2022 operating income...
SteelMint's assessment indicates a slight increase of INR 1,000 per tonne in the prices of aluminium ADC12 alloy ingots to INR 183,000 per tonne. Meanwhile, tense scrap prices remained stable at INR 155,000 per tonne ex Delhi. The prices of ADC12 ingots have improved due to the increase in the prices of critical raw materials used in production, mainly imported ones. In particular, tense scrap from the Middle East increased by $30 per tonne to reach $1,590 per tonne, while taint tabor from the UK rose by $40-45 per tonne in the last month and stood at $1,575 per tonne. Zorba 95-5 prices from the UK were recorded at $1,830 per tonne. According to a North Indian producer, the surge in the prices of imported scrap has led to an increase in production costs. As a result, they quoted SteelMint...
Turkish shipyard VisionF Yachts has reportedly launched its flagship yacht, the VisionF 82, and set new standards in the maritime world with an ultra-sleek construction made of aluminium. VisionF Yachts shipyard, known for progressive designs and uncompromising choice of materials, has launched two vessels in October and November 2023, while two more are under construction and scheduled for delivery in March and May 2024. The VisionF 82, which represents a modern appearance with extensive glazing and aggressive profiling, is entirely designed by VisionF Yacht's design studio. The vessel is 24 metres long and is ideal for cruising shallow waters with a modest draft of 0.8 metres. The main deck has an expansive space with a maximum beam of 9.7 metres. The yacht's interior evokes luxury with...
Recently, Sohar Aluminium (SA) took part in the 25th edition of the Arab International Aluminium Conference and Exhibition (ARABAL 2023), which was held in Riyadh. ARABAL is the premier trade event for the aluminium industry in the Middle East, and this year's theme was "Aluminium: The Future, from Mine to Space", showcasing the limitless applications and possibilities for aluminium. The ARABAL 2023 event, hosted by Saudi Arabian Mining Company (Ma'aden), was a truly unique conference that brought together primary aluminium manufacturers in the region and those with a keen interest in the Middle East aluminium industry. It was a platform where industry pioneers shared their insights through thought-provoking presentations, panel discussions, and keynote speeches, exploring the latest...
Altilium, a UK-based clean technology group, has recently earned over £700,000 (US$889,000) in UK government innovation funding for two collaborative research projects that aim to recover valuable materials from mine waste. The projects are in partnership with CPI and Camborne School of Mines (CSM) and focus on developing environmentally friendly processes for recycling rare earth elements (REE), copper, and aluminium from mine tailings. Altilium's efforts to recover critical battery materials from end-of-life EV batteries have set a solid foundation for these projects. These projects are centred around the Medet concession, a mine tailings site located in central Bulgaria, which is under Altilium's control. Instead of relying solely on the extraction and refinement of virgin mineral...
Cargo operations via the Maranhão public port are back in business! After a ten-year gap, the Porto do Itaqui in São Luís received the first batch of aluminium ingots from Australian mining firm South32 at the end of November. South32, one of the Alumar consortium's multinational mining businesses, will export the metal via it in December, resuming 100 per cent Maranhão production. South32 will ship its first aluminium via the Port of Itaqui to Rotterdam, Netherlands, in December 2023, with an expected volume of 10,000 to 15,000 tonnes. The operation will make use of favoured berths for general freight. The revival of aluminium ingot exports via the port is the consequence of investments made in the state by the Consórcio de Alumnio do Maranho SA (Alumar). The collaboration created around...
According to a recent report, a global aluminium producer has offered Japanese buyers a shipment premium of $95 per tonne over the global benchmark price for the first quarter of 2024 (January 1-March 31). The news came on December 1 after three sources directly involved in quarterly pricing talks reported. Compared with the ongoing quarter, the premium proposed for Q1 2024 is $2 per tonne or 2.06 per cent lower. Currently, Japanese buyers are paying a premium of $97 per tonne for Q4 2023 . Japanese premiums have been reducing constantly over the past few quarters. The premium in Q4 2023 is abysmally down by 24 per cent from the previous quarter’s premium of $127.5 per tonne. The premium agreed upon for Q4 is also lower than in Q2 2023, between $125-130 per tonne. Japan is Asia’s biggest...
