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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A subsidiary of the Indian aluminium giant Vedanta, BALCO has integrated Advanced Driver Assistance Systems (ADAS) and Driver Monitoring Systems (DMS) throughout their transportation chain, making inter-plant operations risk-free. This modernistic AI technology will be fundamental in augmenting road safety measures, considering the pressure of a dynamic driving zone within the unit. Ensuring road safety is a top priority for BALCO due to the variety of vehicles that are used, ranging from 2-wheelers to heavy-duty technological vehicles that transport raw materials such as molten aluminium. The constant movement of vehicles on the roads requires a steadfast commitment to road safety. This integration of digital technology is a crucial milestone in strengthening road safety measures and...
Norsk Hydro has outlined a new roadmap for its operation and business, focusing more on recycling and extrusions in line with the growing demand for low-carbon aluminium. By 2030, the company is determined to scale up its recycling activities in pursuit of decarbonisation and green transition in the aluminium industry. Such was the message by Hydro at its Capital Markets Day 2023. The Norwegian company expects up to NOK 2 billion growth in greener earnings by 2030, primarily contributed by extrusion and recycling. To capitalise on this opportunity, Hydro plots to lift its extrusion business to NOK 10-12 billion EBITDA and recycling business to NOK 5-8 billion, banking on a potential rise in post-consumer scrap to 850-1,200 thousand tonnes. President and CEO Hilde Merete Aasheim indicated...
Through a fruitful collaboration with Al Zuhour Aluminum Factory, Reynaers Middle East (RME) is showcasing its state-of-the-art aluminium systems and solutions at the Cidex 2023 trade fair in Dhahran, as it continues to lead the way in developing innovative and sustainable aluminium solutions for windows, doors and sliding systems. RME, a subsidiary of Reynaers Aluminium , one of Europe's top specialists in this field, is headquartered in Bahrain and is proud to share its expertise with the world. Reynaers Middle East, headquartered in Manama, is dedicated to serving the entire GCC region, as well as key markets such as Lebanon, Egypt, Jordan, and Iraq. The company has an impressive portfolio of top projects throughout the region and is committed to enhancing its position as a leading...
Alspec, a leading aluminium processing firm in New South Wales, has selected GoodWe's lightweight solar solution to fulfil their expanding energy demands while working within the limits of their new roof's low-bearing capacity. GoodWe, a global producer of solar energy solutions, has partnered with its authorised distributor, Umax Energy, to deliver the GoodWe BIPV smart solution to Alspec. The collaborative endeavour will use sustainable solar photovoltaic (PV) technology composed of aluminium to fulfil Alspec's expanding energy demands. The project entails delivering and installing a 100kW solar power system on the roof of Alspec's headquarters and production plant, which will use GoodWe's 315W Galaxy Ultra panels and HT100kW string inverters. Umax Power suggested GoodWe's Galaxy Series...
Mananalu, the eco-conscious aluminium-bottled water brand, announced the launch of its limited-edition bottle to commemorate the upcoming release of "Aquaman and the Lost Kingdom." The special edition 22-ounce aluminium bottle features a stunning gold top and a trident inspired by the one Aquaman uses to preserve the ocean on its cover. The brand has been an ardent supporter of sustainability since its inception. The 'Drink One, Remove One' campaign, which aligns with Momoa's dedication to environmental preservation and sustainability guarantees that an equal quantity of plastic is taken out of the world's seas for every bottle bought. Founder Jason Momoa, an ocean activist and actor, preserves the oceans on film as Aquaman and in real life via his mission-driven company. The...
Mytilineos and Karatzis, two leading companies in Greece, have recently signed a power purchase agreement (PPA) that will pave the way for the construction of three large photovoltaic plants in the country. This initiative will not only boost the country's renewable energy sector but also bring significant economic benefits. Under the PPA, Karatzis will sell the electricity generated from the three projects with a total capacity of 270.8 MW to its customers. The investments for this project amount to EUR 190.8 million, of which EUR 159.6 million will be provided through the European Union's Recovery and Resilience Fund (RRF) and bank loans. This is a well-thought step towards achieving a sustainable future for Greece. Karatzis had previously obtained loans from Eurobank and Bank of...
Unite. Act. Deliver. Isn't that what we all want when tackling climate change and its impact on our planet? The aluminium industry stands at a critical juncture, making it imperative for the sector to participate in, monitor, and support COP28 . With the industry contributing 2 per cent of global anthropogenic emissions, COP28 represents a unique opportunity for the aluminium sector to align its strategies with international efforts to combat climate change. While aluminium is inherently sustainable, its production is associated with a substantial carbon footprint. The industry's annual emission of 1.1 billion tonnes of CO2 necessitates collective efforts to find solutions. According to an AL Circle report , in bauxite mining, the concern about CO2 emissions is relatively low compared to...
On Tuesday, November 28, Press Metal Aluminium Holdings published its third quarter fiscal report, showing a lag from the consensus forecasts. Nonetheless, market analysts have maintained their recommendations on the company, with expectations that aluminium prices will remain subdued. Press Metal posted a 3 per cent drop in net profit for Q3 2023 to MYR 306 million versus MYR 315.8 million a year ago. The nine-month consolidated net profit amounted to MYR 894 million, missing the research house’s full-year expectations and the consensus estimate. The decline in net profit could be attributed to the sluggish global aluminium prices on the London Metal Exchange that were 6 per cent down Y-o-Y at US$2,203 per tonne in 3QCY2023. “The core bottom line slipped 3% year-on-year (y-o–y) and 21%...
LME aluminium opened at US$2213 per tonne in the previous trading day, with its low and high at US$2199.5 per tonne and US$2225.5 per tonne, respectively, before closing at US$2218.5 per tonne, up US$6 per tonne or 0.27 per cent. On November 28, the LME aluminium live price chart registered a linear market trend, with the LME aluminium cash bid price and the LME aluminium official price shedding US$12 per tonne or 0.55 per cent and US$12.50 per tonne or 0.57 per cent to officially close at US$2,164 per tonne and US$2,164.50 per tonne. London Metal Exchange graph displayed that the 3-month bid price and the 3-month offer price plunged by US$13 per tonne or 0.58 per cent and US$12.50 per tonne or 0.56 per cent to anchor at US$2,208 per tonne and US$2,209 per tonne, respectively. The...
Luoyang Longding Aluminium Industries Co., Ltd., also known as "Longding Aluminium," is a specialised aluminium processing company that primarily manufactures aluminium plates, strips, and foils. Longding Aluminum's daily production report shows that the company's double zero foils production reached 2,000 tonnes on November 21. In November, the total monthly production will reach 2,500 tonnes; in December, the output is expected to exceed 3,500 tonnes. Since the fourth quarter, the company has been based on itself, deeply training internal skills, and comprehensively improving the quality of double-zero foil billet, from upgrading the melt batching structure of the casting and rolling process, strengthening the execution of melt purification and standardising the casting process...
Hitachi has pledged to make all its products in Japan from “green aluminium” produced through less carbon-intensive processes than conventional methods. To achieve this goal, the company has set a deadline of March 2024. Hitachi, Ltd. is a Japanese multinational conglomerate headquartered in Chiyoda, Tokyo. The company specialises in a diverse range of products, including digital systems, power and renewable energy solutions, railway systems, healthcare products, and financial systems. The Japanese industrial giant uses approximately 10,000 tonnes of aluminium domestically to make refrigerators, washing machines, railroad cars, and so on. To achieve the net-zero carbon emissions goal across the entire supply chain by 2050, Hitachi has aimed to reduce carbon footprint by using low-carbon...
Aluminium Stewardship Initiative (ASI) announced the joining of VAF Def-Aero Systems Private Limited as the new production and transformation member. With 40 years of experience, the company is known for manufacturing precision aluminium castings in India. The company is known for providing precise defence castings, aerospace castings, gravity die castings, sand casting aluminium, and greensand casting for many sectors that need high-performance components. The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive voluntary sustainability standard initiative for the aluminium value chain. VAF Def-Aero Systems Private Limited provides completely processed anodized aluminium castings in India for many sectors, such...
Alumex PLC, part of the Hayleys Group's Construction Materials sector, has recently unveiled a strategic expansion of its product line-up. When it comes to constructing or renovating a home, people often seek advice from architects for long-lasting solutions. The Alumex Building System (ABS) Sliding Windows offer a durable and contemporary alternative to traditional wooden windows. By combining the strength of aluminium with wood finishes, Alumex offers a modern, long-lasting solution that is cost-effective over time. Making informed choices in this area can enhance living spaces and promote sustainability. Alumex's products are built to last, with an impressive up to 30-year warranty. In addition, Alumex offers the versatile and adaptable 'Dwelling' Multi-purpose rack that can be used in...
Tractors Singapore Limited (TSL), a Cat dealer, has signed a memorandum of understanding with Caterpillar to supply engines for Penguin International. Penguin is a renowned manufacturer of aluminium-hulled workboats, patrol craft, and passenger ferries. The company's flagship design is the Flex, which was first introduced in 2006 with the Flex-36. The latest version of the Flex is the Flex-42X Executive Fast Crew Boat. The aluminium crew boats have been put together or assembled by the company’s own shipbuilding and management teams posted in Singapore. The firm has already provided almost 150 Flex offshore crew boats and armoured security boats named Flex Fighter. The MD of Penguin International, James Tham, exclaimed: “Penguin boats set the standard for mid-sized crew boats in the...
Northwest Aluminium, one of the largest manufacturers of roofing & ventilation products in Ireland & the UK, has received the Nadcap NDT 18 Month Certification Cycle Reward. As per the official website of eAuditnet of the PRI (Quality Evaluation Association) certification, Northwest Aluminium has been awarded an 18-month certification cycle. This recognition fully acknowledges Northwest Aluminium's competence in maintaining the Nadcap non-destructive testing project. Non-destructive testing certification from Nadcap is required to deal with civil aviation vendors' entrances. Northwest Aluminium products can access the local and international civil aviation markets thanks to the Nadcap non-destructive testing special process certification audit. The Nadcap non-destructive testing...
India’s aluminium scrap imports from the United States recovered in August 2023 by 2,300 tonnes or 5.36 per cent month-on-month to stand at 45,200 tonnes, according to the US Geological Survey data. The imports in July fell by 3,700 tonnes or 8.62 per cent to 42,900 tonnes, as a continuation of M-o-M decline in June from 48,100 tonnes to 46,600 tonnes, showed USGS survey. On a year-on-year calculation, India’s aluminium scrap imports from the United States in August’23 stood 1.95 per cent lower than 46,100 tonnes. However, the country’s total imports from January to August 2023 registered a rise of 5,000 tonnes or 1.59 per cent from 314,000 tonnes to 319,000 tonnes. The year-to-date increase in India’s aluminium scrap imports from the United States indicates the country’s need for...
Bulgari, the renowned Italian luxury brand, is all set to unveil its latest creation, the Bulgari Vision Gran Turismo concept car and BVLGARI Aluminium x Gran Turismo special edition watches on 3 December. The collaboration between Bulgari and Gran Turismo has created a buzz in the automotive industry, and expectations are high, given Bulgari's reputation for quality. The Bulgari Vision GT boasts a unique and distinctive design, featuring an open cockpit, bold wheel arches, and a sleek, low-slung structure with a throwback wedge shape. The front of the car is adorned with a row of 11 slender headlights, adding to its aggressive aesthetic. Notably, the lower side is marked with prominent "Aluminium" lettering, accompanied by the iconic Bulgari logo, contributing to the vehicle's overall...
The Beer Institute, the longest-standing national trade organisation advocating for the beer industry, has launched MidwestPremiumExposed.org to enlighten consumers and legislators about the Midwest Premium (MWP). The MWP, or Metal Weight Premium, is a pricing mechanism that enables aluminium manufacturers to impose a fee on end-users for metal not covered by tariffs. Currently, no governing authority is responsible for supervising the use of the MWP. The aluminium tariffs imposed by Section 232 in the U.S. are causing significant financial burdens for brewers, and the MWP further exacerbates these expenses. Amidst the epidemic, there has been a considerable surge in the demand for aluminium bottles and cans. Currently, over 74 per cent of the total beer production in the United States is...
