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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In an ever-evolving world where innovation and sustainability go hand in hand, one industry stands out for its remarkable contributions – the aluminium industry. We are glad to announce the launch of our latest edition, a dedicated publication that aims to be your guiding light in the vast realm of the aluminium sector – "The Aluminium Industry: Focus Americas." This e-Magazine takes you on a journey into the heart of this dynamic sector, showcasing how it is shaping the future of the Americas. Aluminium, often referred to as the "metal of the future," plays a pivotal role in modern life. With its versatility, strength, and exceptional recyclability, it is the backbone of many essential products and industries. This e-Magazine dives deep into the state of the aluminium industry in the...
SOLARCYCLE has imbibed in a partnership with EDF Renewables North America, a French-based renewable energy developer that has expertise in wind and solar energy projects. This new agreement will allow California-based SOLARCYCLE to recycle solar panels damaged or broken during construction and operation from EDF's grid-scale, distribution-scale, and onsite solar sites. SOLARCYCLE, on the other hand, poses as "designed to maximize solar sustainability by offering solar asset owners a low-cost, eco-friendly, comprehensive process for recycling retiring solar panels and technologies and repurposing them for new uses." Solar panels require the untamed use of silicon for their photovoltaic properties, but the panels on which the modules reside are usually made of aluminium. This is when...
Suriname's government has announced its intention to seek potential investors to develop bauxite projects in the Bakhuis area in the western part of the country. This move comes after several unsuccessful attempts dating back to the 1970s to initiate such projects in Suriname. The government cited the growing global population and the increasing need for climate adaptation as factors driving higher demand for aluminium in the coming decades. World Economics estimates Suriname's GDP to be $13 billion - 38 per cent larger than official estimates. Using IMF growth rate estimates, World Economics GDP data are used for 2023. The country started seeing a moderate economic recovery in 2022, with real GDP expanding by 2.4 per cent. However, high inflation and rapid currency depreciation remain...
Aluminium ADC12 alloy ingot prices fell by INR 3,000 per tonne to INR 192,000 per tonne despite steady raw material costs, namely casting scrap pricing, exw Delhi. The monthly average prices of tense scrap in India remained consistent at INR 155,000-156,000 per tonne exy Delhi. However, the imported tense scrap prices from the Middle East declined by USD 30-40 per tonne, reaching USD 1,575 per tonne in October compared to USD 1,610 per tonne in September 2023. The UK-origin Zorba import scrap prices fell by roughly USD 30 per tonne and were announced at around USD 1,820 per tonne, while raw material costs such as silicon 553 from China saw a sufficient downward adjustment in recent weeks. It has been observed that several established industry participants are actively engaged in efforts...
On Tuesday, November 7, India's Commerce and Industry Minister Piyush Goyal assured the domestic aluminium and steel industry that no unfair taxes in the form of Carbon Border Adjustment Mechanism (CBAM) would be accepted. He said India had already expressed concerns over the carbon tax with the European Union (EU) and the World Trade Organization (WTO). He said at a function of the steel industry, "I will assure you that we are extremely concerned about CBAM...We are taking it up with the WTO very very seriously. We shall try to work and fight to get a fair deal for the Indian producers and exporters and nobody is complacent about CBAM." Piyush Goyal noted that CBAM would translate into a 20-35 per cent tax on select imports into the European Union starting January 1, 2026. According to...
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, is hosting the 41st International Conference and Exhibition of The International Committee for Study of Bauxite, Alumina & Aluminium (ICSOBA) in Dubai this week. ICSOBA is the largest annual technical forum in the global aluminium industry. The three-day event in Dubai - the most extensive edition ever - brings over 190 international contributions and 168 technical presentations in four parallel streams focusing on advancing sector decarbonisation and further sustainability. As a global leader in aluminium smelting technology development, EGA will share over 20 papers detailing findings and solutions to address complex industrial challenges, including both EGA papers and papers...
Big Shock! one of the Czech Republic's leading energy drinks, has released a limited edition aluminium can commemorate the global premiere of another Hunger Games film adaption, 'The Ballad of Songbirds and Snakes'. Advanced print technology from Ardagh Metal Packaging (AMP) enables the vivid depiction of intricate bird and snake visuals in hues of yellow, gold, and orange on the surface of the cans, resulting in photo-realistic imagery. The contrasting black backdrop enhances the luminous quality of the pictures, accentuating the distinctiveness of the can amongst its surroundings. Moreover, the black shell and tab further intensify the perception of the aluminium cans as a high-quality product, reinforcing its premium image and distinctive character. Jacek Madry, chief commercial...
The US Department of Commerce has reportedly commenced an anti-dumping investigation into aluminium extrusion imports from 15 countries and territories, including Vietnam. The investigation followed a petition filed by the US Aluminium Extruders Coalition and the US Steel, Paper and Forestry, Rubber, Manufacturing, Energy, Allied Industrial and Service Workers International Union with the Department of Commerce on October 4, said the Trade Remedies Authority of Vietnam. The petitioners claimed that Vietnam was the fourth biggest exporter to the US, accounting for 7.6 per cent of the United States total imports from 15 countries and territories in 2022. Mexico was the higher exporter, followed by Colombia and China. Fourteen Vietnamese companies were accused of dumping aluminium extrusions...
An ambitious partnership valued at £525k has been established between the Brunel Centre for Advanced Solidification Technology (BCAST) and the metals manufacturer Alloyed. The primary objective of this collaboration is to fine-tune a computer modelling system for the precise identification of customized aluminium alloys. Traditionally, developing new alloys involves modifying the composition of standard alloys and relies on a costly and time-consuming trial-and-error approach based on research. This process can take several years to create an alloy with the desired properties. With financial support from the Engineering and Physical Sciences Research Council (EPSRC), BCAST is set to enhance Alloyed's existing Alloys by Design (ABD ® ) platform. This enhanced platform will analyze and rank...
Magna's Powertrain factory in Kechnec, Slovakia, has been certified against the ASI Performance Standard V3 (2022), according to the Aluminium Stewardship Initiative (ASI). The factory oversees gearbox casting, heat treatment operations, gearbox housing and component machining, and DCT gearbox assembly and testing. This is Magna's sixth Powertrain factory to be certified, and it is the company's first complete V3 accreditation. "We are committed to creating a better world of mobility for all. At the core of our strategic vision lies a deep dedication to environmental stewardship and sustainability, propelling us forward into a future defined by responsible practices. Today's ASI certification of our Kechnec facility and the achievement of Magna's first full V3 (2022) certification...
To keep up with the emerging concept of Net Zero and sustainability, Samsung has decided to collaborate with Emirates Nature-WWF to recycle its end-of-life products. Recycling is a critical aspect of Samsung's sustainability goals as it helps create a material loop along the production line, which in turn is beneficial for the company as the need for purchasing fresh batches of raw materials decreases. Samsung Galaxy devices incorporate pre-consumer recycled aluminium and other end-of-life materials which have been sourced from industrial waste generated during the manufacturing process. Samsung has successfully implemented a closed-loop system for aluminium recycling, which allows them to reuse the material to create new products, reducing the amount of waste that ends up in landfills....
The Shanghai Metals Market, on November 7 witnessed an overall spike in aluminium prices, with the SMM A00 aluminium ingot price adding RMB 50 per tonne to close at RMB 19,170 per tonne. The average aluminium prices have circulated between RMB 19,150 per tonne and RMB 19,190 per tonne. If we consider the SMM aluminium price on October 31, a week-on-week surge of RMB 90 per tonne or 0.47 per cent can be seen from RMB 19,080 per tonne recorded that day. China’s major provinces have all experienced a boost in aluminium prices with the spot price rising the most in Foshan, Hangzhou and Chongqing by RMB 50 per tonne, to close at RMB 19,200 per tonne in the first city and RMB 19,170 per tonne in the next two. In Wuxi, the aluminium price soared by RMB 40 per tonne halting at RMB 19,170 per...
LME aluminium opened at US$2253 per tonne on Monday, with its low and high at US$2243 per tonne and US$2295 per tonne respectively before closing at US$2286 per tonne, up US$33 per tonne or 1.42 per cent. On Monday, November 6, both LME aluminium cash bid price and LME aluminium official settlement price surged by US$34.5 per tonne or 1.55 per cent to clock at US$2,253.50 per tonne and US$2,254 per tonne. As per the London Metal Exchange (LME) data, both 3-month bid price and 3-month offer price hiked by US$37 per tonne or 1.65 per cent to peg at US$2,278 per tonne and US$2,279 per tonne. December 24 bid price and December 24 offer price ascended by US$29 per tonne to rest at US$2,382 per tonne and US$2,387 per tonne. LME aluminium opening stock settled at 466700 tonnes. Live warrants and...
Ardagh Metal Packaging (AMP), one of the leading global suppliers of infinitely recyclable, sustainable metal beverage cans and ends to brand owners, has released its 2023 sustainability report. The report encompasses the accomplishments of AMP from 2021 to 2022. It highlights the company's recent advancements in using the skills of its workforce to fulfil its environmental performance goals while further establishing its leading role in sustainable practices within the metal beverage industry. The key highlights of the 2023 sustainability report include: The science-based goals programme has adopted reduction objectives for Scope 1, 2, and 3 greenhouse gas (GHG) emissions in 2030 80 per cent of AMP's worldwide manufacturing plants have achieved or are working towards zero waste to...
The United States aluminium scrap exports in August 2023 recorded a month-on-month hike of 6,000 tonnes or 3.47 per cent to 179,000 tonnes, according to the US Census Bureau data. In July 2023, the export volume was 173,000 tonnes, down by 3.89 per cent from 180,000 tonnes in June. The downfall in July extended following a plunge in June by 8.16 per cent from 196,000 tonnes in May. The above data thus indicates that the United States aluminium scrap exports grew in August after two consecutive months of fall to recover to the export volume in June. On a year-on-year calculation, the United States aluminium scrap exports in August 2023 registered a very marginal rise of 1,000 tonnes, found USGS data. In the first eight months of 2023, the United States exported 1.39 million tonnes, up by...
Vedanta, India's largest aluminium producer, has achieved a significant breakthrough in bauxite refining, a pivotal step in aluminium production. In a collaborative effort with the Indian Institute of Technology Kharagpur (IIT KGP), the company has developed an innovative method to substantially reduce the generation of bauxite residue, commonly called red mud. This pioneering process stands out for its remarkable accomplishment as it reduces bauxite residue by 30 per cent. It achieves this by eliminating iron values while simultaneously enhancing the yield of alumina. Moreover, this approach significantly reduces the total organic content in bauxite during the alumina refining process, ultimately curbing energy consumption. Vedanta Aluminium has been actively engaged in finding ways to...
China’s aluminium processing industry has reported a 9.1 per cent decline in the Purchasing Managers’ Index (PMI) for October 2023. Shanghai Metals Market survey found that the PMI for China’s aluminium processing industry stood at 47 per cent. SMM data also found that the downstream aluminium industry experienced a downfall in production, demand, and price indices. The new order index also encountered a 26.9 per cent drop M-o-M. Except for aluminium wire and cable, new orders for aluminium foils, plate/sheet and strip, construction extrusion, and primary/secondary aluminium alloys decreased. The end-user segment also showed weaker demand, resulting in a 15.9 per cent M-o-M rise in the finished goods inventory index. The PMI for aluminium plate/sheet and strip, aluminium foil, industrial...
The Japanese multinational automotive manufacturer Toyota's pursuit of closing the gap with Tesla in the emerging era of electric vehicles is unfolding on the traditional battleground of the automotive industry, the assembly line. It is a manufacturing process in which a combination of machines assembles the finished item. As reported by a British daily business newspaper, Toyota has asserted technological advancements in solid-state batteries and recently made a substantial $8 billion investment in the U.S. electric vehicle market in an effort to convince investors of its capacity to rival Tesla. However, the global auto giant faces intense competition from Tesla in the manufacturing realm, where the world's most valuable automaker spearheads a fundamental transformation in the...
