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 aluminium downstream sector plays a critical role in the processing and utilization of aluminium, a versatile and lightweight metal with a wide range of applications. The downstream activities cater to diverse industries, such as automotive, aerospace, construction, packaging, and electrical, offering customized solutions to meet specific demands. The sector's growth is driven by innovation, sustainability, and the increasing demand for lightweight, corrosion-resistant, and eco-friendly materials in modern manufacturing. At an aluminium conference in Barcelona, a senior executive from Hindalco Industries stated that India is currently the world's second-largest aluminium producer. Furthermore, he highlighted the projection of India's aluminium consumption demand doubling in the coming...
According to the International Aluminium Institute survey, primary aluminium production in the Gulf Cooperation Council has continued to record a fall at a higher level during September 2023. In contrast to a drop of 2,000 tonnes in August, the output in September decreased by 17,000 tonnes or 3.29 per cent from 517,000 tonnes to 500,000 tonnes. On a year-on-year basis, the production volume during the said month stood 1,000 tonnes less than 501,000 tonnes. However, despite the fall in monthly production, the daily average output during September 2023 stood restrained at 16,700 tonnes, same for the past three months. Even in September 2022, the daily average primary aluminium output in the Gulf was 16,700 tonnes. The Gulf’s total production of primary aluminium in the third quarter of...
Vedanta Aluminium has yet again earned a prestigious recognition in the form of two gold awards at the Confederation of Indian Industry's IQ National and Regional Excellence Practice Competition and National Energy Awards for Excellence in Energy Management. One of the awards represents Vedanta's excellence in energy management, and the other testifies to its supply chain operations & safety digitalisation. It is to be noted that Vedanta has emerged as a winner in two categories from among a diverse pool of industries, including metal, cement, engineering, paper, automation, and others. The secret behind achieving these awards is Vedanta's smart, strategic initiatives like the implementation of 100 per cent Graphitized Cathodes to enhance energy efficiency, which resulted in saving 7.93...
The sustainable sector, this week, has seen significant upheavals with Macquarie Asset Management firmly sealing a deal with Hydro, securing the future acquisition of 49.9 per cent of Hydro Rein, the company's renewable energy arm. Hydro and Macquarie Asset Management will jointly own the company through a joint venture (JV), with Hydro retaining a majority 50.1 per cent ownership. Macquarie Asset Management is showing its confidence by investing an impressive equity of USD 332 million to acquire its 49.9 per cent stake in Hydro Rein. According to recent reports, Amcor Capsules has successfully reduced the carbon footprint of its STELVIN ® aluminium screw cap range by up to 35 per cent. The updated range of products is now made of low-carbon aluminium and incorporates 46 per cent...
Ardagh Metal Packaging (AMP), one of the leading global suppliers of sustainable and infinitely recyclable beverage cans worldwide, has announced the impending closure of its aluminium beverage can manufacturing unit in Whitehouse, Ohio, as a part of its collective bargaining agreement. AMP has already advised workers and union representatives of the impending closure of its metal beverage can manufacturing plant. A final resolution on this issue is anticipated by December 31, 2023. “While the possibility of a plant closure is a difficult step to consider for our team members and our communities, we must take steps to balance capacity and demand. We are exploring ways to strengthen our regional manufacturing efficiencies, and will stay in close contact with our customers to meet and...
Yuan Guodong, Secretary of the Party Committee and Chairman of Shanxi Huaxing Aluminium, recently attended the strategic cooperation matchmaking meeting of China Coal Group Shanxi Company, where the two sides discussed deepening cooperation and exchanges, as well as accelerating cooperation and development of aluminium under coal. The conference was attended by more than ten representatives from Luliang Mining and Shanxi Coal Group. During the meeting, it was emphasised that China Coal possesses abundant aluminium resources beneath coal deposits in Xingxian County. The execution of initiatives aimed at developing these aluminium resources holds significant importance in enhancing the overall utilisation rate of resources, fostering the high-quality growth of the aluminium industry, and...
In the most innovative collaboration of the decade, H&M and Julien Dossena bring to you a limited edition collection featuring recycled aluminium fabric. The man who single-handedly reinvented Paco Rabanne, Dossena can be described as a saunterer who takes inspiration from the streets. H&M had approached Dossena 18 months ago for a possible collaboration, and as per Ann-Sofie Johansson, H&M's creative advisor and head of design for women's wear, Dossena had been on their radar for a while. H&M always has a wish list of designers and brands that they would like to work with. As the designer narrates: "I love to observe the people around me: in my office, on the metro, at my local café. When I go to an exhibition, I try to find something to respond to, an idea that I may be able to use at a...
South32, a globally diversified mining and metals company, is reportedly installing P3XLE energy efficiency technology at its Hillside Aluminium smelter in South Africa to reduce greenhouse gas emissions substantially. This move is part of the company's deliberate effort to move away from carbon-intensive energy. Commenting on this, South32 CEO Graham Kerr said at the annual general meeting (AGM), "As part of our transition away from carbon-intensive energy, we remain mindful of the need to support a fair and just transition for the smelter's workforce, local communities, and the broader South African economy." Kerr also said that switching to a lower-carbon energy source would be an ideal solution for decarbonisation at Hillside smelter. However, the phenomenon involves challenges,...
On October 25, 2023, the American multinational corporation and leading global aerospace company Boeing announced its Q3 results, revealing a loss of $1.64 billion for the period ending on September 30, attributed to reduced deliveries of its top-selling aircraft. The company also revised down its 737 delivery projections for the current year, citing the adjustment to quality concerns related to its supplier, Spirit AeroSystems. The Arlington, Virginia-based company reported third-quarter revenue of $18.1 billion, slightly exceeding analysts' expectations of $18.0 billion. Boeing has announced a deceleration in the production and delivery of its 737 aircraft due to the need for inspections and additional work to rectify issues with the pressure-sealing section of the planes. In...
To enhance aluminium recycling at the Red Rocks Amphitheatre, Ball Aluminium Cups and Denver Arts & Venues have announced the installation of a Reverse Vending Machine (RVM) on the Top Plaza. The machine went live at Red Rocks on October 2, 2023, and will remain there until November 12, 2023. Since 2021, Ball Aluminium Cups has been an official sustainability partner of Red Rocks Amphitheatre and Denver Arts & Venues, providing sustainable drinkware that has helped attendees avoid millions of single-use cans, cups, and bottles. "Installing the Reverse Vending Machine at Red Rocks brings many of Ball's priorities to life – incentivising recycling, educating consumers about aluminium's sustainable properties, and driving change through entertainment events. Interacting with the RVM will...
In a current development, NASA announced the successful testing of two 3D-printed aluminium nozzles that can withstand the high temperatures and extreme pressure associated with deep space launches. The aluminium nozzles were tested at the Marshall Space Flight Center in Huntsville, Alabama. They demonstrated their ability to operate for almost 10 minutes during multiple hot fire tests using liquid oxygen and liquid hydrogen, as well as liquid oxygen and liquid methane fuel configurations with pressure chambers in excess of 825 pounds per square inch. The development of lightweight rocket engine components that can bear high structural loads is of great importance to space exploration, as this would allow NASA to send more cargo to deep space destinations. RAMFIRE principal investigator...
AMAG Austria Metall AG has reported its latest financial results till September 30, 2023, highlighting stable earnings with revenue above EUR 1 billion, even amid global inflation and decelerating aluminium prices. Although the revenue during the first nine months of 2023 saw a drop of 15.6 per cent year-on-year, it managed to come in at EUR 1,142 million. The revenue in the third quarter was recorded at EUR 346.4 million compared to EUR 449.6 million in the previous year. AMAG noted that aluminium demand from the aircraft sector was strong and that from the automotive industry was stable. But demand from the sports and architectural sector was muted, resulting in a fall in AMAG's shipments volume. From January to September 2023, AMAG shipped 327,700 tonnes of aluminium products – 4 per...
The audit team of China Inspection and Certification Group Guizhou Co., Ltd. visited the Guizhou Aluminium Plant and Guizhou Branch from October 16 to 19 to review the quality management system, occupational health and safety system, and environmental management system. This year, the factory and branches completed the three system certification supervision and audits with the active collaboration of different departments and units of the firm. During the discussion, the audit leader provided a thorough summary of the three management systems' purpose, audit plan, audit basis, and audit requirements. On behalf of Guizhou Aluminium Plant and Guizhou Branch, Peng Tao, member of the Party Committee and deputy general manager of Guizhou Aluminium Plant, warmly welcomed the audit team and...
Bang & Olufsen, a leading brand in the audio industry, has recently launched a new version of its Beosound A5 Bluetooth speaker, which features a unique design that impressively uses aluminium. The new version, dubbed ‘Spaced Aluminium,’ is wrapped entirely in aluminium and stands out from the previous versions, which flaunted Nordic Weave and Dark Oak finishes. The Spaced Aluminium version of the Beosound A5 boasts an array of 3,500 individual aluminium discs that form the speaker grille. Unlike conventional speaker grilles, conventionally designed with circular patterns, the Spaced Aluminium cover features two layers of aluminium that give the illusion of the discs floating, and the sound is channelled through the spaces in between. This design offers the speaker a unique and visually...
Fujian Nanping Aluminium Co., LTD. has acquired ASI Performance Standard V3 (2022) Certification for three divisions within its Yanping District, Nanping City, Fujian Province, China factory. The divisions include the Foundry Branch, responsible for producing aluminium alloy round ingots; the Extrusion Division, dedicated to making aluminium alloy profiles for building purposes; and the Production Department, focused on manufacturing industrial aluminium alloy profiles. DNV Business Assurance Services UK Ltd. conducted an independent, third-party audit of the Fujian Nanping Aluminium Co., LTD. Plant. Fujian Nanping Aluminium Co., LTD. will adopt a corrective action plan throughout the Certification Period, which will be confirmed in follow-up audits. Fiona Solomon, Chief Executive Officer...
Amcor Capsules, a global leader in developing and producing responsible packaging for food, beverage, and pharmaceutical, has reported to have lessened the carbon footprint of its STELVIN ® aluminium screw cap range by up to 35 per cent. The updated range of products is made of low-carbon aluminium and from 46 per cent post-consumer recyclate. Amcor’s STELVIN ® screw cap and all 30H60 caps emit less carbon than the standard screw cap produced with European aluminium sheets. This milestone has been achieved using certified, independently verified low-carbon and recycled aluminium. This advancement is part of the company’s TRANSPARENCE sustainability programme, a one-of-a-kind programme designed with more focus on environmental impact to enable the wine and spirits industry to deliver...
LME aluminium opened at US$2214 per tonne on Thursday, with its low and high at US$2193 per tonne and US$2228 per tonne, respectively, before closing at US$2196.5 per tonne, up 0.7 per cent. On October 26, the LME aluminium live price chart experienced a spike in aluminium prices, with the LME aluminium cash bid price and the LME aluminium official price heightening by US$14 per tonne or 0.64 per cent to officially close at US$2,202 per tonne and US$2,202.50 per tonne. When the aluminium price on September 26 is taken into account, we can find US$7.50 per tonne or 0.34 per cent hike on a Month-on-Month scale. London Metal Exchange graph displayed that the 3-month bid price and the 3-month offer price have increased by US$7 per tonne or 0.32 per cent to stop at US$2,215 per tonne and...
On October 25, 2023, Rio Tinto appointed James Joc O'Rourke as a non-executive director. O'Rourke, who holds both Canadian and Australian citizenship, will seek election at the Company's 2024 annual general meetings. With over 25 years of experience in the mining and minerals industry, O'Rourke has been the CEO of The Mosaic Company, a global leader in concentrated phosphate and potash production and marketing, since 2015. He also recently served as Mosaic's President and held previous positions, including Executive Vice President of Operations and Chief Operating Officer. Before joining Mosaic, O'Rourke served as the President of Australia Pacific for Barrick Gold Corporation, overseeing ten gold and copper mines in Australia and Papua New Guinea. Currently, he holds positions as an...
