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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According to the Shanghai Metals Market, China’s social inventories of aluminium billet stands at 107,200 tonnes as of Thursday, October 19, reflecting a week-on-week fall of 5,600 tonnes from 112,800 tonnes. From Monday, October 16, inventories fell by 3,000 tonnes from 110,200 tonnes. The fall in inventories this week could be attributed to higher consumption and slower arrivals of stocks to warehouses. To know the current status of aluminium billet inventories across China, refer to the chart below: As the above chart indicates, aluminium billet inventories in Foshan and Huzhou have experienced a fall of 2,000 tonnes to stand at 47,700 tonnes and 22,000 tonnes, respectively, on October 19. In Wuxi and Nanchang, inventories have dropped by 1,300 tonnes and 1,000 tonnes, respectively, to...
Change is the only constant thing in life one can be sure about. Change is everywhere, from the weather around us to our daily schedule to even the leadership in a company. Effective leadership plays a crucial role in achieving an organisation's success, given the inevitability of change within the business context. Adopting a culture characterised by resilience and adaptation can provide a team with the capacity to effectively navigate unforeseen crises, organisational transformations, dynamic market circumstances, and cultural fluctuations. During the past few months, top companies like LME, Tubex, Reynaers, etc, across the aluminium value chain have witnessed many changes in their leadership. Change in leadership or appointing new people in an organisation also ensures a new outlook or...
EOS has made an exciting announcement regarding the launch of its new Aluminum Al5X1 aluminium alloy. It was rumoured earlier this year that EOS would be releasing the high-strength alloy after showcasing sample parts at RAPID + TCT. The commercial availability of Al5X1 will begin in November for EOS M 290 users, followed by the EOS M 400-4 next year. According to EOS, the Al5X1 3D printing material exhibits a 14% elongation with an ultimate tensile strength of 410 MPa. The material requires only a single-step heat treatment with no Hot Isostatic Pressing, resulting in quicker and more cost-effective part manufacturing. Additionally, parts printed in EOS Aluminum Al5X1 can be electropolished and anodised with no limits to potential colour choices for cosmetic and corrosion-resistant...
The United States aluminium scrap exports in July 2023 were recorded at 173,000 tonnes, down by 7,000 tonnes or 4 per cent from 180,000 tonnes in June, found the US Geological Survey. In June, the export stood at 180,000 tonnes, reflecting a plunge of 16,000 tonnes or 8.16 per cent from 196,000 tonnes in May. Thus, the United States aluminium scrap exports marked two consecutive months of fall after a hike in May by 17.37 per cent from 167,000 tonnes in the previous month. On a year-on-year calculation, the US aluminium scrap exports in July registered a hike of 11.61 per cent from 155,000 tonnes. In the first seven months of the year, the United States exported 1.21 million tonnes of aluminium scrap – 4.3 per cent more than 1.16 million tonnes than a year ago. To India, the US exported...
Every year, with the arrival of Durga Puja, the cultural capital of India, Kolkata gets ready to display an array of superbly talented pandal makers, sculptures and decorators. Durga Puja is a festival that has a significant economic impact on the city. According to a report in 2019, it was estimated the festival yielded approximately INR 28,000 crore (around $3.8 billion USD) in revenue from spending on decorations, clothing, food, transportation, and other related expenses. The same year, Kolkata had a tourist count of about 5 million, and it has been calculated the festival resulted in the temporary employment of 150,000 artisans and craftsmen. The celebration is not just a continuation of an age-old custom, but Kolkata has shown how traditions evolve with time, incorporating various...
Recycling is the best way to maximize resources. GME Recycling, an Italian leader in non-ferrous metal scrap recycling, introduces the MAX 1700 Hammer Mill . With 40 years of experience, GME is dedicated to advancing circular innovation for global sustainability. This launch highlights their commitment to resource efficiency and environmental responsibility, emphasizing recycling as a vital means to enhance resource usage for a more sustainable future. The recent introduction of the MAX 1700 Hammer Mill is poised to significantly contribute to the recycling of aluminium, a material renowned for its infinite recyclability and enduring properties. As aluminium maintains its integrity throughout multiple recycling cycles, this advanced Hammer Mill stands as an invaluable asset for...
Aluminium oxide, popularly known as alumina, is a direct resource of primary aluminium production. With the passage of time, as aluminium demand is rising, a timely need for alumina is being increasingly felt. The potentiality of the alumina market is mammoth, with an estimated growth rate of CAGR 5.89 per cent. Many market studies show that the alumina market size will most likely grow from US$48.22 billion in 2022 to US$72 billion in 2030. To tap this market, many new projects and expansions are underway. This article will explore some of them that started this year. Iran-China ties to start off alumina production : At the beginning of 2023, a report came from an official that Iran began the research to discover the possibility of producing 500,000 tonnes of alumina annually from...
The Madras High Court recently issued a ruling on the classification and taxation of aluminium foil containers. The court determined that the product should be categorized under 7615 with a 12% Goods and Services Tax (GST) rate, resolving a dispute between the petitioner M/s. Veeram Natural Products, and the tax authorities. Before the introduction of the GST system, aluminium foil containers were subject to taxation under the Central Excise Law and were categorized under Chapter heading 7607 with a duty rate of 12.5%. After the implementation of GST, the petitioner reclassified the product under 7615 with a 12% tax rate. However, the tax authorities disagreed and argued that the product should be categorized under 7607 with an 18% tax rate. The petitioner's legal representative argued...
The Russian aluminium industry leader is currently evaluating potential shutdown options for a number of its unprofitable facilities due to the combination of low aluminium prices and financial setbacks resulting from the implementation of an "exchange rate" export duty, as reported by Interfax, the Moscow headquartered Russian news agency. Interfax has received information from an undisclosed source indicating that the closure of unprofitable production facilities is unavoidable in light of the current prices on the aluminium exchange. The aluminium powerhouse has yet to officially respond to inquiries regarding the potential closure of several of its plants. However, a representative from one of its stakeholders, holding a 25.72 per cent stake in the aluminium company, stated that the...
The US aluminium powerhouse is evaluating several alternatives, one of which is the potential closure of the Kwinana alumina refinery. This decision comes amid the company’s efforts to get approval for the clearance of more Jarrah forest for bauxite mining. Concerns have been raised over the potential impact of this mining activity on the drinking water supply of Perth. As per the reports from Wall Street analysts the American organisation is exploring many strategies to reduce expenses and enhance profitability at the factory, which has been operational for six decades. The refinery, which produces alumina from bauxite for shipment to aluminium smelters, employs around 1200 people, including 900 employees and 300 contractors. The announcement comes barely two weeks after spokesperson in...
Alro, one of the largest vertically integrated aluminium producers in Europe in terms of production capacity, has recently announced that it has signed a new multi-year agreement with Airbus, a leading aircraft manufacturer. Under the terms of the contract, Alro will supply aluminium flat-rolled products for the manufacturing of aircraft. This renewed contract was initially signed in 2016 , and both companies have agreed to continue their partnership. The production of plates for the aerospace industry is a crucial part of ALRO’s strategy to diversify its production of high and very high added-value aluminium products. This diversification has been made possible thanks to the company's constant investments in sophisticated technology. Over the past 20 years, ALRO has invested more than...
In Q3 2023, Alcoa Corporation delivered noteworthy results, with increased third-party shipments, enhanced cash flow, and significant achievements. Highlights: They increased third-party alumina shipments by 11 per cent and aluminium by 1 per cent sequentially. A cash balance of $926 million was reached by the end of the quarter. A quarterly cash dividend of $0.10 per share, totalling $18 million, was paid. Progress was made in securing approvals for Western Australia mine plans. Multiple production records were achieved in the Canadian smelting system. A cost reduction program was initiated at the Kwinana refinery in Australia. Greater market penetration was achieved for Alcoa's Sustana™ line of low-carbon products. William F. Oplinger, Alcoa's President and CEO, emphasised their...
Aluminium Bahrain B.S.C. (Alba), one of the world’s largest and smartest smelters, has recorded zero heat-related illnesses and injuries across its operations for the seventh consecutive year in 2023. This is regarded as a remarkable achievement in the aluminium industry. Alba took various means to keep its employees and contractors safe during the challenging summer. They introduced hydration surveys, conducted heat awareness sessions and workshops, distributed cooling cloths to personnel to keep their body temperature cool in hot environments, and administered plant-wide summer safety campaigns and mini-safety campaigns throughout the year. In addition, Alba kept sharing Wet Bulb Globe Temperature (WBGT) index management and communication four times a day during the hot summer months to...
LME aluminium opened at US$2,180 per tonne on Wednesday, with its high and low at US$2,199 per tonne and US$2,178.5 per tonne, respectively, before closing at US$2,189 per tonne, an increase of US$12 per tonne or 0.55 per cent. The LME aluminium live price chart on October 19 witnessed heightening aluminium price trends, with the LME aluminium cash bid price and the LME aluminium official price rising by US$28 per tonne or 1.3 per cent to officially close at US$2,176 per tonne and US$2,176.50 per tonne. If the aluminium price on October 18, last year, is considered, we can calculate a Year-on-Year drop of US$24 per tonne or 1.09 per cent. London Metal Exchange graph displayed that the 3-month bid price and the 3-month offer price have gathered US$15 per tonne or 0.69 per cent to stop at...
Shenyang Aluminum and Magnesium Institute Technology Company (SAMTC) recently completed the wireless communication project for the multifunctional crown block at Shaanxi Nonferrous Yulin Electrolytic Aluminium Factory. The project utilized a new generation of industrial communication technology, incorporating 5GHz fast mobile roaming wireless technology. This implementation achieved dual-channel wireless hot standby redundant communication for a multifunctional crown block in an electrolysis workshop. The result is a novel and reliable mobile communication solution for mobile operating equipment, including multifunctional units. This project addresses several issues encountered in the 24 multifunctional crown blocks at Shaanxi Nonferrous Yulin Electrolytic Aluminium Factory. These issues...
Svante, a leading player in carbon capture and removal technology, has entered into a Commercial Supply Agreement with BASF to scale up its proprietary sorbent material, Calgary Framework 20 (CALF-20). CALF-20 is a metal-organic framework (MOF) sorbent that is designed to capture up to 95% of carbon dioxide (CO2) emitted from industrial sources, including the aluminium industry. The sorbent uses rapid solid adsorption and low-pressure steam to capture CO2, making it an ideal solution for industrial sources that emit large volumes of diluted flue gas at low pressure and in dilute concentrations. Svante's technology is tailored specifically to the challenges of separating CO2 from nitrogen in industrial flue gas, making it an important tool for decarbonizing industrial activity in diverse...
Aluminium has been one of the key industries in the Gulf Cooperation Council since Manama commissioned the 12,000 tonnes a year of Aluminium Bahrain (Alba) smelter with a diversification agenda. The GCC has benefitted heavily from low-priced energy, which is otherwise cost-intensive for aluminium production. Over the years, Alba has become one of the world's biggest and smartest aluminium producers, with several significant expansions and revamps. In parallel with Alba, more aluminium producers have emerged over the years and achieved important milestones as a result of robust investments by other GCC countries. In the first eight months of 2023, the Gulf Cooperation Council has produced 4.07 million tonnes of primary aluminium, standing only behind China and Europe. The output stood 0.74...
On October 18, 2023, PipeHawk PLC announced that its subsidiary, QM Systems Ltd, had secured a contract with JVM Castings Ltd. This contract involves designing, manufacturing, and supplying a suite of automated systems for inserting and assembling self-piercing and clinch nuts into various automotive aluminium castings. PipeHawk, a company headquartered in Hampshire, England, specialising in technology for the automotive, rail, aerospace industries, and highways, stated that this contract is expected to generate approximately GBP800,000 in revenue for QM. The project is slated for completion within PipeHawk's fiscal year, ending on June 30. The project will leverage QM's most recent automation process, which combines assembly with error-proofing mechanisms to ensure the accurate...
