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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The world of acquired habits is quite interesting. Due to one habit of yours, an entire industry, from the ideation of products to the procurement of raw materials and the disposal of used goods, comes into existence. Though some habits are harmful to your health, there are a few that have mild effects after a prolonged period of use, not only on you but also on the environment. Then again, what is more delightful than a cup of freshly brewed coffee when you wake up to win the race against time every morning? Moreover, the opening of themed cafés and the need to have an Instagrammable social life are urging youngsters to take up coffee drinking so that a particular lifestyle can be elucidated. Also, coffee is synonymous with big business meetings and office gigs. The drink has wild...
In October 2023, China encountered an assorted journey in terms of price movement across the aluminium value chain. Being obligated to the unenthusiastic demand among downstream sector, China’s domestic primary aluminium ingot price continued to fall in the said month. On the other hand, the domestic alumina price took a sharp turn towards the rising trend, and the imported bauxite price started building up in the early days of October due to growing reliance on the overseas mineral. In-depth price analysis: China’s domestic A00 aluminium ingot price experienced a decline of RMB 510 per tonne or 2.60 per cent through the month of October to settle at RMB 19,080 per tonne, found the Shanghai Metals Market survey. The fall occurred primarily in the early days of October, bringing the...
On October 26th, Guizhou Gui Aluminium New Materials organised an event to commemorate the completion of their 5# rolling mill ribbon project, a part of their aluminium foil project with an annual production capacity of 30,000 tonnes. The event also included the delivery of the first order. The project undertaken by Guizhou Gui Aluminium New Materials, which involves the yearly manufacture of 30,000 tonnes of ultra-thin and power battery aluminium foil, has significant importance as a major industrial initiative in Guiyang City aimed at fostering new industries. This project is a fundamental initiative aimed at constructing, enhancing, expanding, and fortifying pivotal industries. Additionally, it is important for Guizhou Province's entry into the high-end manufacturing sector.
Every Can Counts Greece (Kathe Kouti Metrai) has launched a pilot campaign in partnership with the Municipality of Antiparos to assess citizen participation and return rates within the context of a Deposit Return Scheme (DRS). The campaign has been launched at Antiparos Island, educating people about the importance of aluminium recycling. Simultaneously, it also functions as an educational platform, informing people about separate collecting and the vast potential of aluminium cans recycling. Two Pure Smart Crushers machines, built by the Finnish firm Pure Recycle, have been deployed on the island as part of the project's first phase. Aluminium is a valuable material not belonging to the general waste bin. Compared to primary manufacture, aluminium cans save 95 per cent of energy costs...
According to the US Geological Survey, the United States produced 62,000 tonnes of primary aluminium in August 2023. That was 2,000 tonnes or 3.13 per cent less than 64,000 tonnes in the earlier month , following a rise of 3.23 per cent M-o-M in July. However, on a year-on-year basis, the output in August was 1,000 tonnes more than 61,000 tonnes. The USGS data showed the average daily primary aluminium production in the United States during August 2023 was 2,000 tonnes, down by 2.91 per cent from 2,060 tonnes in July and essentially unchanged compared to 1,980 tonnes in August 2022. Total aluminium recovered from scrap in August 2023 was higher than the previous month by 6,000 tonnes or 2.19 per cent to 280,000 tonnes but 5 per cent less than 295,000 tonnes in August 2022. Of the total...
LME aluminium opened at US$2246 per tonne on Wednesday, with its low and high at US$2233.5 per tonne and US$2257 per tonne, respectively, before closing at US$2242.5 per tonne, down 0.16 per cent. On November 1, the LME aluminium live price chart experienced a slump in aluminium prices, with the LME aluminium cash bid price and the LME aluminium official price diving down by US$4.50 per tonne or 0.2 per cent to officially close at US$2,230 per tonne and US$2,230.50 per tonne. London Metal Exchange graph flashed that the 3-month bid price and the 3-month offer price have negated US$5 per tonne or 0.22 per cent and US$5.50 per tonne or 0.24 per cent to park at US$2,241 per tonne and US$2,241.50 per tonne, respectively. The December 24 bid price and the December 24 offer price have seen a...
Presently, sustainability carries immense importance in the aluminium industry since it is an energy-intensive sector that needs constant tracking and vigilance for reduced carbon emissions. In 2022, the aluminium industry alone accounted for 270 Mt of direct carbon emissions, which was 3 per cent of the global industry-related emissions that year. At the same time, recycling post-consumer scrap aluminium saves up to 90 million tonnes of CO2 and 100,000 GWh of electrical energy than primary aluminium production. Incorporating sustainable practices has become the only thought-provoking discussion among industry experts wherein they have decided to include digitalisation in their daily production process. Some active methods to create carbon-free industrial zones are the use of Carbon...
AMAG Austria Metall AG, a company based in Ranshofen, Austria, takes flight with cutting-edge aerospace components, blending high-tech precision and sustainability. Their subsidiary, AMAG components, located in Übersee at Chiemsee, Germany, and Karlsruhe, Germany, successfully integrated advanced processing facilities. This strategic move is a key part of AMAG's plan to expand and boost efficiency in manufacturing aluminium and titanium components for the aerospace industry. Gerald Mayer, the CEO of AMAG Austria Metall, expressed the company's commitment to the aerospace industry, stating, "With the current investments in our components business, we are consolidating our position as a strategic supplier to the aerospace industry and lay the foundation for further growth in this area." The...
Introduction In the IT industry, resignations and job changes increased slightly before and during the pandemic. During the pandemic, the same tendency went only northward. The IT leaders of the world, many of them from India, had touched around 35% attrition rate, which was a major worry for them. This stemmed from the fact that working from home was made a norm, and as a result, the geographic location of a job was no longer a constraint. The jolting of the entire supply chain of many companies warranted that functions like planning, systems, and MIS become more real-time and quickly responsive. As a result, the dependency on digital interventions had increased manifolds – these generated the adoption of global collaborative software and applications, AI-based planning and solutions,...
Aluminium is increasingly being used in additive manufacturing due to its unique properties and benefits in the production of high-performance components. Ricoh, a leading technology company has recently announced its innovative Binder Jetting Technology (BJT), which aims to revolutionise the production of end-use metal parts using 3D printing technology. To maximise the efficiency of its aluminium BJT technology, Ricoh has partnered with Siemens Digital Industries Software and its Additive Manufacturing Network capabilities for production preparation, planning, scheduling, and production management. This collaboration will enable Ricoh and its future users to assess designs, optimise critical properties, manage digital inventories, manage quotes, and track orders while also being able to...
As per reports, the Indian imported aluminium scrap market has lately experienced an increasing trend in pricing, indicating a jump in futures contracts and price changes made by key industry participants. However, domestic demand has remained low, mostly due to the upcoming Diwali vacations.Significantly, there exists a substantial disparity in pricing, amounting to around $50-60 per tonne, between the proposed rates for Taint Tabor (TT) cut and sheared 7-8 per cent attachment and Zorba 94/4. Furthermore, there has been a need for more solid bids in this regard. According to industry players, there is a consensus that the trade of scrap material from Malaysia is now not feasible for the Indian market. This has led sellers to investigate alternate markets that provide more advantageous...
Coles is leading the most exciting sustainable drive across all its Victorian stores. The supermarket chain is on a spree to install 47 Reverse Vending Machines in alignment with the state-sponsored launch of a Container Deposit Scheme on November 1. The cash-redeemable RVMs will collect plastic, glass and aluminium drink containers. It is vital for Victorians to participate in the Container Deposit Scheme (CDS) to earn a 10-cent refund for each eligible can, bottle or carton they return. Coles General Manager Grocery Leanne White emphasizes that the CDS is an excellent opportunity for customers to be rewarded for recycling and contribute towards a sustainable environment. By returning used aluminium cans, plastic bottles and other eligible containers, one can ensure that they are...
According to a report on Wednesday, November 1, aluminium smelters in southwestern Yunnan province, China have started cutting production as the dry season sets in. A smelter manager and two analysts have posted that smelters have begun the process of production cut of a total of 1.5 million tonnes of capacity. Li Lin, the aluminium director of AZ Consulting, has pointed out that Yunnan smelters are following the order of China Southern Power Grid, which directs them to reduce output by 9 per cent to 40 per cent of capacity . Yunnan is known for its abundant resources of hydropower, which have attracted many aluminium smelters from different parts of China. Yunnan has a capacity of 5.7 million tonnes, being the fourth largest aluminium-producing region in China and accounting for 12 per...
On Halloween, October 31, Apple's "Scary Fast" event, solely shot on iPhone 15 Pro Max, sent ripples across the tech industry. Tim Cook created a special post on Twitter commemorating the launch of Apple's revolutionary M3 chips alongside the latest MacBook line and a compact 24" iMac. An interesting feature that came under our radar is the use of 100% recycled aluminium in the iMac's stand. This new iMac incorporates Apple's M3 chip, providing an incredible speed for multitaskers. It takes inspiration from its M1 chip-powered ancestor. The M3 chip offers impressive performance statistics, with speeds up to twice as fast as the M1 iMac, 2.5 times faster than the 27" Intel-based iMac, and 4 times faster than the 21.5" Intel-based iMac. The new iMac has been developed to negate the chances...
Proterial, in partnership with the Singapore Institute of Manufacturing Technology (SIMTech), has successfully reached a significant achievement by creating 'ADMUSTERL61P,' an advanced metal additive manufacturing powder. As per reports, this innovative development is specifically designed for utilisation with the aluminium alloy Al6061, showcasing remarkable characteristics in terms of its superior strength and resistance to corrosion. The primary goal of this achievement is to accelerate the implementation of this revolutionary aluminium alloy powder across numerous sectors, with a particular focus on aerospace, automotive, and semiconductor production equipment. Al6061 distinguishes itself as an aluminium alloy due to its superior mechanical qualities and simplicity of production. The...
On the eve of October 27, a few leading Chinese aluminium companies announced their third-quarter results, revealing a year-on-year drop in revenues and net profits. For instance, Shandong Nanshan Aluminium earned RMB 21.69 billion in revenue in the first three quarters of 2023, down by 18.24 per cent annually. The net profit attributable to shareholders of listed companies was also 24.81 per cent less year-on-year to RMB 2.142 billion. The basic earnings per share during the said period was RMB 0.18, reflecting a Y-o-Y decrease of 25 per cent. Shandong Nanshan Aluminium is principally engaged in the manufacture and distribution of alumina powder, electrolytic aluminium, alloy ingots, aluminium profiles, hot-rolled products, cold-rolled products, and aluminium foils. Jiangsu Lidao New...
The energy power control system update of Huaxing Aluminum's electrolytic aluminium production department has been completed and successfully placed into operation, marking a significant milestone in their operational experience. The automated control system update project is near the plant's pressurised pumping station, rainwater collecting pool, bathroom, heat exchange room and heating room. This update has resulted in a reduction in employee labour intensity, an improvement in work efficiency, and an enhancement in the stability of power equipment operation and the intelligence level of the company's equipment. The primary objective of the upgrade and transformation process is to replace the manual control valve of the imported and exported equipment with an electrically operated...
On October 20th, a significant milestone was achieved in China with the official connection of the Luoyang Aluminum foil distributed photovoltaic power generation project to the grid for power generation. Built by the Fenghao Henan Branch of Ningxia, a subsidiary of Chinalco Environmental Protection, the project is a remarkable example of how technology can be leveraged to promote sustainability and environmental protection. Construction of the same began in June this year, and since then, it has been the centre of various speculations. The project adopts the method of "spontaneous self-use and surplus electricity connected to the Internet", which is distributed in Luoyang Aluminum Foil No.1, No.2 and No.3 factory buildings, wooden box buildings, water pump houses, air compressor stations...
