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 2023, the industrial metal markets, including aluminium, experienced a year marked by prolonged waiting and uncertainty. The shadow of elevated interest rates has affected the world economy, and the eagerly anticipated rebound in demand from China, particularly in its real estate sector, has yet to materialize as expected. As a result, prices for base metals have remained relatively stagnant for significant periods during the year. The aerospace industry stands out as an exception despite the cautious market climate due to its strong demand for aluminium. The aviation and aerospace sectors faced significant hardships during the covid pandemic, with widespread repercussions felt from major aerospace corporations to smaller suppliers. Drastic production reductions and raw material...
Alimex GmbH Precision, an inventor and producer of aluminium cast plates, has acquired Performance Standard V3 (2022) Certification from the Aluminium Stewardship Initiative. The company has bagged the certification for producing high-precision components, surface machining of rolled plates and distribution, and machining semi-finished products at its facility in Willich facility, Germany. Alimex's products serve industries like electronics, laser, packaging, medical technology, mechanical engineering, automotive, semiconductor, and solar. The ASI Performance Standard V3 (2022) was launched in May 2022 after several rounds of revision through multiple years. It defines 11 principles and 62 criteria under three sustainability pillars – Environment, Social, and Governance, aiming to address...
Aluminium Bahrain, one of the world's largest aluminium smelters, celebrated a significant milestone in its Power Station 5 (PS5) Block 4 Project with the arrival of Mitsubishi Power's cutting-edge M701JAC Gas Turbine (GT) on October 16, 2023. This remarkable event marked the installation of the world's first GT designed explicitly for a primary aluminium smelter, and it was expertly placed within the Kingdom of Bahrain. The M701JAC GT, part of the innovative JAC GT series and Steam Turbine, is an air-cooled marvel boasting a combined cycle output of 680.9 MW. Importantly, it offers a greener alternative, significantly reducing CO2 emissions compared to traditional coal-fired boilers and turbines employed worldwide. In celebration of this achievement, a special gathering took place on...
In a ground-breaking development poised to redefine the maritime industry, a remarkable battery-powered Buquebus ferry is taking shape in Tasmania. Picture: Incat Tasmania The 130-meter-long vessel is projected to carry 2,100 passengers and 226 cars, operating on routes connecting Argentina and Uruguay. With delivery scheduled for 2025, this pioneering project is set to transform ferry transportation in South America and inspire innovation worldwide. This aluminium-hulled ropax vessel is not just another addition to the maritime landscape; it's a record-setting innovation in every sense. The ferry, currently under construction at Incat Australia's Tasmanian shipyard, is set to break multiple records, setting new energy efficiency and performance standards. The most striking aspect of this...
Three-month LME aluminum opened at US$2,178 per tonne last evening and closed at US$2,206 per tonne, a rise of US$30 per tonne or 1.38 per cent. On Tuesday, October 24, LME aluminium cash bid price and LME aluminium official settlement price grew by US$2 per tonne, following a fall of US$7.5 per tonne on the previous day. Thus, the prices stand at US$2,146 per tonne and US$2,146.50 per tonne. However, on the other hand, 3-month bid price and 3-month offer price decreased by US$0.50 per tonne and US$2 per tonne to peg at US$2,171.50 per tonne and US$2,172 per tonne, respectively. December 24 bid price and December 24 offer price also dipped by US$1 per tonne on October 24 to stand at US$2,292 per tonne and US$2,297 per tonne. LME aluminium opening stock also fell by 2,000 tonnes from the...
Exlabesa has officially completed its acquisition of Flandria Aluminium, a French company with expertise in extrusion, machining, surface treatment, and aluminium profile recycling. The agreement, which has successfully passed the necessary legal scrutiny by relevant authorities and obtained approval from the French Competition Commission, is now in effect. This acquisition, aligning with Exlabesa's global expansion strategy, will enhance its direct presence in France, Belgium, and the Netherlands. This move enables the company to deliver premium, value-added products while providing the highest level of service in these regions. Both firms, with their roots in family heritage, share congruent values and a deep passion for the aluminium industry. These commonalities lay a solid foundation...
CastAlum, a company specializing in producing lightweight aluminium components for the automotive sector, received recognition at the Powys Business Awards for its innovative utilization of technology. Established in Welshpool in 1999, CastAlum Limited, boasting a workforce of 150 employees, clinched the prestigious Technology and Innovation Award, generously sponsored by CellPath, during the annual awards event hosted at The Hafren in Newtown on October 20, 2023. The event, organized by the Mid Wales Manufacturing Group (MWMG) and supported by various sponsors, celebrates its annual awards, which had their inception in 2009. These honours are extended to multiple entities, including companies, organizations, social enterprises, and charities. Castalum is a prominent high-pressure...
Yohan Blake, the Jamaican sprinter and the world's second-fastest man in history has faced numerous injury struggles throughout his illustrious career, notably a near career-ending injury in 2014. "I can get an injury and do surgery, and I'm here still running with aluminium in my leg. I'm trying," said Blake. Blake's incredible speed and performance made him a global sensation and a worthy contender to break Usain Bolt's legendary records, having clocked a remarkable 9.69s and 19.26s in the sprint events, respectively. However, a series of unfortunate injuries hampered his ambitions, and the worst of those injuries occurred on a cold evening at the Glasgow Grand Prix in July 2014. In an interview, Blake revealed that during the race in Glasgow, he felt a sharp pain in his hamstring,...
Ajay Goel, a seasoned finance expert, has re-assumed the role of Chief Financial Officer at Vedanta Ltd. This development comes at a pivotal juncture as the mining and metal conglomerate, under the helm of billionaire Anil Agarwal, embarks on an ambitious business restructuring initiative. The appointment follows the resignation of Sonal Shrivastava, who had taken on the role only a few months ago. In a stock exchange filing, Vedanta officially announced Goel's appointment as CFO, effective October 30, 2023. It was announced that Ajay Goel's return to the company is a part of Vedanta's organized re-hiring program. Goel holds national rankings as both a Chartered Accountant and a Company Secretary, boasting extensive experience in leadership roles at renowned global multinational...
The Shanghai Municipal Economic and Information Technology Commission, in conjunction with the Municipal Development and Reform Commission, recently released the roster of green manufacturing demonstration units for the first batch of 2023. Among these units, Shanghai Shenhuo Aluminium Foil Co Ltd was honoured with the "Shanghai Green Manufacturing Demonstration Unit designation." Since 2018, the firm has undertaken an average of 1 to 2 essential energy savings and environmental protection initiatives every year, saving 974.7 tonnes of standard coal, which equates to a 1450.0-tonne reduction in carbon dioxide emissions. The application for the company's "green factory" at the state level has successfully been evaluated by Shanghai experts. It has now progressed to the audit phase under...
Century Aluminum of South Carolina, a subsidiary of Century Aluminum Company listed on NASDAQ as CENX, has recently publicised the finalisation and approval of a new three-year power contract for the Mt. Holly aluminium smelter. The contract, which has been approved by all necessary parties, including the South Carolina Public Service Authority (also known as Santee Cooper), is set to commence on January 1, 2024, and will span through December 2026. The contract is designed to provide the smelter with 295MW of electric power, which will enable the facility to continue running at its current capacity. This is great news for the aluminium industry and a significant boost for the South Carolina economy. Century Aluminum's President and Chief Executive Officer, Jesse Gary, commented: "We are...
Cinnaire, a Lansing, Michigan-based organization with a strong community focus, has recently awarded an $11 million New Markets Tax Credit (NMTC) investment to Wisconsin Aluminium Foundry (WAF). The substantial grant from a community-focused investor and a non-governmental organization (NGO) is set to ensure the successful completion of WAF's expansion project in Manitowoc, Wisconsin. WAF, known for its production of aluminium and red metal castings, will utilize the grant to enhance its capacity to produce a variety of aluminium- and copper-based alloy castings for diverse industries. It's worth noting that this grant has come to fruition approximately one year after WAF's initial announcement of its expansion plans in Manitowoc. The $11 million New Markets Tax Credit (NMTC) will provide...
LME aluminium opened at US$2181.5 per tonne on Monday, with its low and high at US$2162 per tonne and US$2189 per tonne, respectively, before closing at US$2176 per tonne, down 0.18 per cent. On Monday, October 23, LME aluminium cash bid price and LME aluminium official settlement price dropped by US$7 per tonne or 0.32 per cent and US$7.5 per tonne or 0.34 per cent to score at US$2,144 per tonne and US$2,144.50 per tonne. 3-month bid price and 3-month offer price went down by US$5 per tonne and US$4 per tonne to clock at US$2,172 per tonne and US$2,174 per tonne. December 24 bid price and December 24 offer price descended by US$10 per tonne or 0.43 per cent to rest at US$2,293 per tonne and US$2,298 per tonne. LME aluminium opening stock came in at 486450 tonnes. Live warrants and...
Aluminium USA is distinguished as the foremost exposition and technical symposium devoted to the aluminium sector. This event encompasses the entire spectrum of the industry, spanning from the initial stages, such as mining and smelting, to the intermediate phases, like casting, rolling, and extrusions, and ultimately extending to downstream processes, such as finishing and fabrication. Aluminium USA provides a platform for prominent suppliers and professionals within the industry to convene for in-person interactions, exhibits, state-of-the-art conferences, educational initiatives, and technology-driven networking prospects. Join the networking party at the prestigious Nashville Country Music Hall of Fame as the Aluminium USA 2023 event kicks off from October 25th to October 26th. It all...
On October 24, 2023, the Russian aluminium giant and one of the world's leading low-carbon aluminium producers, Rusal, disclosed the news to acquire a 30 per cent equity stake in Hebei Wenfeng New Materials (HWNM), a Chinese alumina producer, for $261.6 million (RMB 1.91 billion). However, as stated by the company, the pending deal is subject to approval from Chinese authorities and consent from HWNM's creditors, enabling Rusal to acquire alumina at a competitive price. Rusal's shift towards procuring alumina from China directly responds to the export ban imposed by Australia on alumina and bauxite destined for Russia in March 2022. This ban was enacted as part of the sanctions by Western countries against Russia following the Ukraine-Russia geopolitical crisis. HWNM presently possesses...
Metal Technology, a renowned architectural aluminium systems company, has renewed its longstanding affiliation with Secured by Design. Metal Technology specializes in the creative development and supply of purpose-built fenestration systems, providing fabricators, developers, and architects with cutting-edge solutions for contemporary window, door, and curtain wall construction projects. Established in 1985, Metal Technology operates from its expansive three-acre manufacturing and distribution hub, offering daily deliveries to locations across the UK and Ireland. The company boasts ISO 9001 and ISO 14001 certifications for quality and environmental standards and holds accreditation for Passive House construction. The company's achievements are rooted in its steadfast commitment to...
According to the US Geological survey, the United States aluminium plates, sheets and bars exports to Mexico stood at 24,700 tonnes during July 2023, recording a month-on-month fall of 5.36 per cent from 26,100 tonnes. The export in July marked a fall for the second month in a row. In June, the export volume stood 10.92 per cent lower than 29,300 tonnes in May. On a year-on-year calculation, the United States aluminium plates, sheets and bars exports to Mexico during July 2023 reflected an increase of 69.18 per cent from 14,600 tonnes, found USGS data. From January to July 2023, the United States exported 175,000 tonnes of aluminium plates, sheets and bars to Mexico versus 88,000 tonnes during the corresponding period of the previous year. In July 2023, the United States total exports of...
On Friday, October 20, Aluminium Stewardship Initiative announced the joining of South32 Worsley Alumina as new Production and Transformation member. Worsley Alumina is an integrated bauxite mining and alumina refining operation in the South West of Western Australia. The company began its operations in 1984 and over the year earned recognition as one of the largest alumina refineries in the world. Worsley Alumina mines bauxite in the south-west of Australia and transport it on an overland conveyor belt to a refinery where the bauxite is processed into alumina. Alumina is then shipped to smelters around the world, including South32’s Hillside and Mozal aluminium smelters in Southern Africa. Worsley Alumina has a significant contribution in shaping up the economy of the South West of...
