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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Emirates has utilised upcycled aluminium material sourced from retrofitted aircraft to create a distinctive capsule collection comprising luggage, bags, and accessories. The repurposed materials have been extracted from unexpected sources, such as aluminium headrests, resulting in an impressive 14,000kg of materials being salvaged from 16 retrofitted aircraft. As the Emirates Retrofit Project progresses, the potential to recover up to 270kg of leather and 627kg of seat fabric per retrofitted aircraft is expected. The use of upcycled aluminium not only captures the airline's spirit of innovation but also reflects its ongoing commitment to sustainable practices. The Emirates tailors have crafted each piece to order with the highest quality materials, further enhancing the durability and...
Eurostat reported that in 2022, the circular material use rate in the EU reached 11.5 per cent, indicating that 11.5 per cent of the material resources utilized in the European Union were derived from recycled waste materials. The statistical office of the European Union is Eurostat, with a mission to provide high-quality statistics and data on Europe. Eurostat produces European statistics in partnership with National Statistical Institutes and other national authorities in the EU Member States. There was an increase of 0.1 percentage point in circularity compared to 2021. From 2010 to 2022, the rate witnessed a growth of 0.8 percentage points, rising from 10.7 per cent to 11.5 per cent. The peak shares were recorded in 2018 and 2020 at 11.6 per cent. In 2022, the Netherlands exhibited...
The National Fisheries Authority (NFA) has issued a fish habitat conservation order to West Indies Alumina Co (Windalco), a corporation involved in producing bauxite and alumina. This order pertains to the Rio Cobre watershed located in St Catherine. The order went into force on October 1 and will continue until the authority is satisfied that Windalco's activities pose no additional dangers to fish habitat. The directive mandates that the company undertake all requisite measures to proactively avert any subsequent discharge of harmful substances into the watershed. Additionally, it necessitates the prompt notification of the relevant authority within a 24-hour in the event of any such discharge. Furthermore, the company must expeditiously rectify any pollution incidents and restore the...
The world's second-largest aluminium scrap exporter, the United States, exported 26,400 tonnes of scrap to Malaysia in August 2023, down by 2,000 tonnes or 7.04 per cent month-on-month from 28,400 tonnes. On a year-on-year basis, the export in August 2023 edged a sharp fall of 43.34 per cent from 46,600 tonnes, according to the US Geological Survey. The United States aluminium scrap exports in August 2023 decreased month-on-month, following a hike of 20.85 per cent in the previous month from 23,500 tonnes to 28,400 tonnes. In the first eight months of 2023, the United States aluminium scrap exports to Malaysia totalled 244,000 tonnes, down by 5,000 tonnes or 2 per cent from 249,000 tonnes during the corresponding period of the last year. Malaysia is one of the leading aluminium...
The award-winning Australian designer Tom Fereday has created a stunning furniture collection made entirely from recycled aluminium. The furniture collection comprises a chair, sofa, and table, all of which celebrate the industrial aesthetic of the material. The Cove Lounge chair, which has been shortlisted in the furniture design category for Dezeen Awards 2023, has side panels made from uninterrupted and highly polished metal, culminating in a protruding lip on its top edge. The seat is designed with thick cushions upholstered in aniline leather, and cushions can also be upholstered with textural wool fabrics upon request. To make the collection, Fereday sourced repurposed aluminium from the waste streams of Sydney's machining industry, which was then melted down and formed using a...
In a recent move, the European Commission proposed its 12th package of sanctions against Russia, receiving a cautious welcome from the European Aluminium. The proposed sanctions target specific aluminium products, such as wires, tubes, pipes, and aluminium foil. While European Aluminium appreciates this initial step, it calls for a more robust and expeditious approach to restrict Russian aluminium imports. The sanctions, covering only 12 per cent of EU imports of aluminium products from Russia, are considered insufficient by European Aluminium. The association emphasises the need for a more comprehensive scope, including major categories like ingots, slabs, and billets, which constitute over 85 per cent of the EU’s imports from Russia. Paul Voss, Director General of European Aluminium,...
On November 16, Hydro launched the Cassopolis facility in the United States, 18 months after construction. This marks the establishment of the company's third greenfield recycling plant inside the United States, with the notable distinction of being the first facility specifically engineered for the production of Hydro CIRCAL. The US$150 million Michigan factory will generate 120,000 metric tonnes of recycled aluminium annually. Hydro is now manufacturing aluminium in North America with the lowest carbon impact. The recycling facility will repurpose more post-consumer aluminium waste into value-added products in the automotive, transportation, building and construction, and consumer durables industries. The factory will initially provide to non-automotive clients, but after qualification...
Yinbang (Anhui) New Energy Material Technology Co., Ltd. is in the trial production phase of its new project. The project is a significant investment made by Yinbang Metal Composite Materials Co., Ltd., with a total investment of no less than RMB 5 billion. The construction content includes an aluminium alloy plate ingot semi-continuous casting production line, hot continuous rolling production line, cold rolling and cold finishing production line, finishing production line, heating furnace, annealing furnace, tension bending straightening line, and other supporting public and auxiliary facilities. Upon reaching full potential, the company expects to generate annual sales revenue of around RMB 10 billion, with the main operating profit not less than RMB 1 billion. The project aims to...
Hind Aluminium Industries Limited announced its second quarter financial results ended September 30, 2023, whereby it posted a plunge of 65.96 per cent in net sales year-on-year from INR 1.41 crore to INR 0.48 crore. However, on a quarter-on-quarter calculation, the net sales in Q2 registered an increase of 26.32 per cent from INR 0.38 crore. Hind Aluminium also reported that its net profit in Q2 FY2023-24 was INR 3.83 crore, down by 10.30 per cent year-on-year from INR 4.27 crore. The net profit also edged a quarter-on-quarter fall of 32.09 per cent from INR 5.64 crore, despite a quarterly growth in net sales. The fall in profit owes to weaker aluminium prices. The company’s earnings per share (EPS) decreased to INR 6.25 in the September quarter of 2023 from INR 6.67 last year. Hind...
On November 17, EPI, the provider of high-quality, precise engineering jobs in UAE's aviation, oil & gas and defence sectors, declared that they had been contacted with a deal to manufacture prototype aluminium components for use during the assembly of Coyote® Counter-UAS interceptor. Raytheon, an RTX enterprise, is overseeing the Coyote® programme, which will be displayed during the Dubai Airshow today at Dubai World Central. EPI has been offered the first contract by Raytheon to supply prototype quantities of machined aluminium and assembly parts for the Coyote® Counter-UAS interceptor. The contract includes manufacturing, complex machining, unique processes and surface treatments, quality assurance, and sub-assembly of the parts and their materials. The agreement is a testament to...
As the European Commission concludes its 12 th sanctions package against Russia in response to the Ukraine-Russia geopolitical crisis this month, various options are under consideration, ranging from mildly impactful to potentially significant. Of particular concern is the possibility that specific measures within the more substantial category affect European importers and consumers rather than Russian exporters and producers and could also threaten the EU's green agenda, a key policy initiative. According to information from market insiders, European Union (EU) countries are reportedly contemplating imposing new sanctions on Russia. These potential measures include restrictions on Russian military and information technology and a proposed ban on importing Russian aluminium products such...
Headquartered in the US, Belvac, known for providing the global aluminium beverage can industry with sustainable solutions, is assisting in the move to a better and greener future with its new Carrier Ring Bottle. The Belvac Carrier Ring Bottle represents a promising advancement in ecological packaging. The aluminium bottle, designed with lightweight construction, has a transport (carrier) ring seamlessly incorporated into its structure. This innovative feature enables the bottle to serve as a suitable alternative to PET bottles in terms of packaging. The Carrier Ring facilitates the filling of aluminium bottles on pre-existing PET Filling Lines, requiring a modest amount of capital expenditure. Over 10 million tonnes of plastic garbage are in the ocean every year. Plastic pollution is...
Sumitomo Metal, a key supplier of nickel-cobalt-aluminium (NCA) cathode materials to Panasonic lithium-ion batteries used in Tesla electric vehicles, is expanding its annual cathode production capacity by 24,000 metric tonnes in Niihama, western Japan, by 2025 from the current capacity of 60,000 tonnes. To meet the surging demand for electric vehicles, the company is also exploring options to produce cathode battery materials in the United States and other regions. This move is expected to help Sumitomo Metal reinforce its position as a leading supplier of cathode battery materials and contribute to the development of the electric vehicle industry. The managing executive officer of Sumitomo Metal, Katsuya Tanaka, asserted: "Where and when to increase our production capacity next time...
According to the Shanghai Metals Market, China’s metallurgical-grade alumina production stood at 6.842 million tonnes, down by 1.6 per cent month-on-month but up by 2.5 per cent year-on-year. Daily average output in the said month was 220,700 tonnes, down by 3,700 tonnes from the previous month. The decrease in China’s alumina output from the earlier month owes to a tight supply of bauxite in Guangxi and Henan, roasting maintenance, and production cuts due to carbon emission reduction policies in Shandong. However, the country’s cumulative production from January to October 2023 grew by 2 per cent year-on-year, reaching 66.264 million tonnes. By the end of October, China’s installed alumina capacity was 100 million tonnes, operating capacity 80.68 million tonnes, and operating rate 80.7...
LME aluminium opened at US$2233 per tonne in the previous trading day, with its low and high at US$2211.5 per tonne and US$2234 per tonne, respectively, before closing at US$2211.5 per tonne, down US$23.5 per tonne or 1.05 per cent. The LME aluminium live price chart on November 16 witnessed dampening aluminium price trends, with the LME aluminium cash bid price and the LME aluminium official price shedding US$11.50 per tonne or 0.52 per cent to officially close at US$2,182 per tonne and US$2,182.50 per tonne. It must be mentioned that due to a technical glitch, AL Circle could not fetch LME’s data for November 15, so the comparison has been conducted with the last available data, which was on November 14. London Metal Exchange graph displayed that the 3-month bid price and the 3-month...
In a strategic move towards sustainable practices, Japan's Toyota Tsusho Corporation's subsidiary, Toyotsu Materials, and non-ferrous scrap company Sanko Saitama have forged a joint investment venture named Toyotsu Sotec. With a total capital infusion of JPY 490 million, this dynamic collaboration positions Toyotsu as the majority stakeholder with an 80 per cent share, while Sanko secures a 20 per cent ownership. Situated in Ako City, Hyogo Prefecture, Toyotsu Sotec is set to embark on a groundbreaking initiative focusing on the sorting and processing of aluminium scrap. The company has outlined an ambitious timeline, targeting the commencement of operations in August 2025. The primary objective of this innovative venture is to significantly contribute to the horizontal recycling of...
Ex-Apple employees' brand Humane showcased its AI Pin in an international event on November 9. The Coperni SS24 show in Paris was enlightened by the presence of co-founder Imran Chaudhri, who presented the device on a global platform. Humane's AI Pin sports an anodized aluminium outer casing, which makes it sustainable and eco-friendly. The wearable device is attached to clothing using magnets or a latch, featuring cameras and sensors that project app and smartphone functionalities onto the user's palm and surfaces, allowing for contextual and ambient compute interactions that make sensing-based technology work seamlessly. The Humane AI Pin integrates OpenAI's ChatGPT and other software to create a smart assistant that uses voice recognition to provide accurate answers and carry out tasks...
Aluminium shipbuilder Austal Australia and Harland & Wolff Group have signed a MoU to explore shipbuilding opportunities in the UK. An agreement was signed at the 2023 Indo-Pacific Maritime Exposition in Sydney, which outlines the transfer of technology, skills, and shipyard capabilities required to build the next generation of patrol vessels for the United Kingdom's maritime security agencies. The agreement includes identifying opportunities in the UK market, such as the Border Force vessel replacement program, and working collaboratively in a non-exclusive partnership to pursue those opportunities. Austal Limited's CEO, Paddy Gregg, views this agreement as a promising opportunity to establish a foothold in the United Kingdom's market and collaborate with Harland & Wolff, an established...
