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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Single-use plastic bottles often end up in landfills, contaminating the environment. Thirst Trap, an Australian-based canned water brand, is poised to revolutionize the traditional bottled water concept with plastic-free, aluminium cans of 100 per cent regionally sourced spring water. This groundbreaking collaboration between the renowned H2coco, a significant leader in the coconut water market, and the creative firm Example altered the way people previously viewed water bottles. Considering the harmful effects of improper plastic dumping, Thirst Trap developed aluminium cans that can be recycled forever, decreasing hazardous impacts and encouraging Australians to be more environmentally conscious. Co-founders David Freeman of H2coco and Andy El-Bayeh of Example saw a disconnect between...
The Recycling Partnership (TRP), headquartered in Washington, has conferred 2023 Aluminium Can Capture Grants upon four recycling facility operators as part of its Aluminium Recycling Initiative. This strategic effort is dedicated to enhancing the collection and recycling of aluminium cans, contributing to sustainable environmental practices. GreenWaste of San Jose, California, Pioneer Recycling of Tacoma, Washington, RDS of Portsmouth, Virginia; and Recycling Works, a committed company in Elkhart, Indiana, are among the award recipients. These awards recognize their dedication to improving the collection and recycling of aluminium cans, advancing the cause of sustainability and responsible resource management in their regions. The organization stated, "Aluminium recycling is a natural...
After Hindalco’s Renukoot Downstream facility comes the turn of Hindalco Alupram Works to have received the ASI certification. Aluminium Stewardship Initiative announced on Thursday, October 25, that it successfully recognised Hindalco Alupram Works manufacturing operation against the Performance Standard V2 (2017) Certification. The plant, located in the Kochi district of Kerala, India, produces aluminium alloy extruded products for the construction, aerospace, automotive, marine, and defence industries. Currently, Hindalco Alupram Works has a capacity of 8,000 tonnes per annum. The ASI Performance Standard V2 (2017) certification defines environmental, social, and governance principles and criteria, aiming to address sustainability issues in the aluminium value chain. Alupram Works...
The recent dynamics in the Indian market for aluminium ADC12 alloy ingots and scrap metals have resulted in numerous notable developments. This week, the price of ADC12 alloy has stayed steady at INR 184,000 per tonne. Concurrently, the price of tense scrap in the Delhi market has remained steady, at INR 155,000 per tonne exw Delhi. The price stability of tense scrap can be attributed to the market's low demand and adequate supply. This supply and demand balance has kept the tense scrap price around INR 155,000 per tonne. Maruti Suzuki India Limited (MSIL), an esteemed company in the automotive industry, recently decreased its monthly settlement price for ADC12 by INR 7,250 per tonne on a month-to-month (m-o-m) basis. As a result of this price adjustment, ADC12 prices have reached a...
Campaigns, promotions and other programmes educate people about the most important yet easily missed activities in life. One of them is aluminium recycling! Aluminium, one of the widely used metals in various sectors due to its infinitely recyclable properties without losing its original qualities, has made it one of the most in-demand metals. As per AL Circle's recently published report, "Global Aluminium Industry: Key Trends to 2030," global recycled aluminium utilisation was 27.1 million tonnes in 2022 and is likely to exceed 28 million tonnes in 2023. The worldwide demand for recycled aluminium is primarily driven by end-user industries such as packaging, automotive, construction, and electronics. Aluminium is reaching almost all spaces. In this journey, campaigns or activities like...
The Australian government has decided to double the funding for its Critical Minerals Facility, increasing it to A$2 billion (equivalent to $1.3 billion). The main aim of this move is to attract mining and processing companies, especially those from the United States, to set up their operations in Australia. This change in strategy comes as Australia expects a decrease in revenue from fossil fuel exports due to global efforts to reduce carbon emissions. Data from the government shows that Australia's exports of lithium were worth A$20 billion ($12 billion) in the year ending in June. According to government predictions, earnings from this sector could soon be on par with the earnings from thermal coal exports by 2028. Australia is also discussing creating a critical minerals task force...
Canada recorded a substantial rise in aluminium imports during August 2023, indicating a notable shift in the metal market. The total volume of aluminium imports during the said month stood at 894,952 tonnes, flaunting a growth of 21.58 per cent from 736,089 tonnes in July. On a year-on-year calculation, the imports registered a rise of 19 per cent compared to 753,554 tonnes. Brazil, Australia, Guinea, and the United States were the top four suppliers of aluminium to Canada. Brazil led the way by exporting 659,527 tonnes of aluminium products, followed by Australia 88,255 tonnes, Guinea 58,996 tonnes, and the United States 55,539 tonnes. It is to be noted here that Canada’s manufacturing PMI dropped to 48, marking the fourth consecutive month of contraction in Canadian operations. Thus,...
Aluminium boasts a rich and triumphant legacy within the aerospace sector. The Wright brothers, pioneers of aviation, made a groundbreaking decision in 1903 by selecting aluminium as the primary material for crafting the cylinder block and other engine components for their inaugural human-crewed flight. Throughout the ensuing decades, aluminium has maintained a pivotal presence in the aerospace industry, experiencing a steady upsurge in demand. Aerospace engineering employs an array of aluminium alloys, with certain alloys favoured more than others. Aluminium's role in the transportation sector, particularly aerospace, extends beyond its lightweight nature. This versatile metal is a critical component in modern aircraft and spacecraft due to its exceptional strength-to-weight ratio,...
Constellium SE has announced the third quarter results ended September 30, 2023, revealing a fall in revenue attributed to demand headwinds in several end-user sectors. Heavy inflation also threw a challenge to the company, pulling down its Q3 revenue by 15 per cent year-on-year to €1.7 billion. However, according to Constellium’s report, its value-added revenue (VAR) saw a rise of 5 per cent Y-o-Y to €704 million during Q3 2023, driven by improved price and product mix. From January to September 2023, it stood at €2,243 million, up by 11 per cent from €2,029 million. Adjusted EBITDA also registered a growth of 5 per cent in Q3 from €160 million in Q3 2022 to €168 million. Constellium posted that its net income during Q3 2023 was €64 million, witnessing a sharp fall of 51.15 per cent from...
Crown Holdings, one of the world's largest aluminium can manufacturers, recently announced their financial results for Q3 ending 30 September 2023. As per the reports, higher beverage can volumes in North America and favourable foreign currency translation of $60 million contributed to the third quarter's net sales of $3,069 million, down by $190 million or 5.83 per cent from $3,259 million in the Q3 2022. Lower volumes across most other businesses and the pass-through of $187 million in lower material costs also contributed to the decline. The income generated from operational activities amounted to $374 million during the third quarter, exhibiting an increase from the $297 million recorded in the same period of 2022. Segment income was $430 million in Q3 2023, up from $336 million in...
Gerald Mayer has expressed his desire to terminate his Management Board contract prematurely after serving on the Management Board of AMAG Austria Metall AG (AMAG) for approximately 16 years. This decision is driven by his ambition to explore new professional opportunities. On October 25, 2023's Supervisory Board meeting, his request received unanimous approval. Gerald Mayer has been Chief Financial Officer at AMAG since 2007 and was appointed Chief Executive Officer effective March 1, 2019. During his tenure on the Management Board, he was pivotal in making significant strategic decisions, including the successful listing of AMAG on the Vienna Stock Exchange, among other accomplishments. Herbert Ortner, the Chairman of the Supervisory Board of AMAG Austria Metall AG, commented, "Gerald...
LME aluminium opened at US$2202 per tonne on Wednesday, with its low and high at US$2199.5 per tonne and US$2223 per tonne respectively before closing at US$2212 per tonne, up 0.27 per cent. On Wednesday, October 25, both LME aluminium cash bid price and LME aluminium official settlement price expanded by US$42 per tonne or 1.95 per cent to score at US$2,188 per tonne and US$2,188.50 per tonne. 3-month bid price and 3-month offer price also gained US$36.5 per tonne or 1.68 per cent and US$37 per tonne or 1.70 per cent to settle at US$2,208 per tonne and US$2,209 per tonne. On the same day, the London Metal Exchange (LME) graph reflected a hike of US$33 per tonne or 1.43 per cent for both December 24 bid price and December 24 offer price to clock at US$2,325 per tonne and US$2,330 per...
On October 13th, the Yunnan Aluminium Analysis and Testing Center achieved a significant landmark when the China National Accreditation Committee awarded it the laboratory accreditation certificate for Conformity Assessment (CNAS) with registration number CNAS L19152. The achievement is a testament to the laboratory's adherence to international standards in laboratory management systems and its ability to conduct project testing based on globally recognised standards. The laboratory's reports are deemed authoritative and hold international recognition and industry credibility. The laboratory has been approved for capabilities such as assessing the mechanical properties of metal materials and products, testing the fatigue strength of aluminium and aluminium alloys, and analysing the low...
Aluminium recycling is one of the most critical processes in the solar module production industry. With the increasing demand for solar panels and the rapid expansion of the industry, the importance of aluminium recycling has grown significantly. Several companies, including Meyer Burger and LuxChemtech, have entered into partnerships to address this challenge. Together, they aim to establish an industrial-scale recycling process for solar modules that will enable the recovery of valuable raw materials such as aluminium, silicon, silver, and glass. Recycling of aluminium from solar modules not only reduces waste but also conserves energy and natural resources. The Chief Sustainability Officer (CSO) at Meyer Burger, Katja Tavernaro, remarked: "Meyer Burger is committed to sustainable...
The UK's cross-industry coffee pod recycling scheme, Podback, has reached an important milestone, with more than one million households now able to recycle their used coffee pods from the kerbside. With two new local authorities joining Podback this month, a total of 1,078,600 households across 16 UK local authorities can now recycle their used aluminium and plastic coffee pods alongside other household waste and recycling. Podback's latest partner is the London Borough of Havering, which has become the second London authority to offer residents a kerbside recycling service for coffee pods. Earlier this month, East Ayrshire Council became Podback's first local authority partner in Scotland. The response from residents has been excellent, with over 1,200 households already registered for...
Lower extrusions and recycling volumes, coupled with bearish alumina and aluminium prices, led to a bigger-than-expected drop in Norsk Hydro’s financial output in the third quarter of 2023 ended September 30. On Monday, October 23, Hydro released its Q3 CY2023 fiscal report, announcing a 15 per cent revenue fall year-on-year from NOK 52,445 million to NOK 44,702 million. On a quarter-on-quarter calculation, the decline was 17 per cent from NOK 53,630 million. In the first nine months of the year, Hydro’s revenue was recorded at NOK 146,865 million, down by 10.37 per cent from NOK 163,854 million during the corresponding period of the last year. The company’s adjusted EBITDA plunged by 60 per cent Y-o-Y from NOK 9,721 million to NOK 3,899 million. Thus, the EBITDA from January to September...
The aluminium industry in India shines amid a global landscape that is generally lacklustre or facing downturns. This positive outlook is attributed to the Indian government's efforts in infrastructure development and the industry's response to meet the increasing demand. Nilesh Koul, the Senior President and CEO of Aluminium Downstream at Hindalco Industries conveyed this perspective during the aluminium conference in Barcelona. India already holds the position of the world's second-largest aluminium producer, and the country's aluminium consumption demand is expected to double over the next decade. Koul added, "The energy in India right now is incredible. After five years working in Switzerland, I returned to my home country, and many other expatriates are also moving back to India.”...
Norsk Hydro, a renowned global aluminium recycling company, has recently announced a £35 million investment in its Wrexham plant, which will create 30 new jobs and double its recycling capacity. With the planned expansion, the plant's capacity to recycle will go up to 103,000 tonnes annually, allowing the company to process more scrap aluminium that would otherwise be sent overseas. To facilitate the expansion of its operations, Norsk Hydro has submitted the first of two planning applications to Wrexham County Borough Council. Presently, the plant processes up to 150 tonnes of scrap aluminium a day, which is mainly sold to the construction and automotive industries. The announcement of the planned expansion was discussed at a campaign event to secure an £80m Investment Zone for Wrexham...
