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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Aluminium Stewardship Initiative has reportedly acknowledged Hindalco’s Renukoot Downstream facility in Uttar Pradesh against Performance Standard V2 (2017) Certification for remelting and refining activities, casthouses, and semi-fabrication. The facility manufactures aluminium ingots, wire rods, and rolled and extruded products destined for diverse industries, including building and construction, transportation, and industrial applications. The ASI Performance Standard V2 (2017) certification defines environmental, social and governance principles, with 59 criteria addressing key issues like biodiversity, labour rights, indigenous people rights, and greenhouse gas emissions. Hindalco acquired the certification after completing an independent, third-party audit with CETIZION Verifica....
Squarepoint Capital LLP, a hedge fund, has recently acquired primarily Russian aluminium from the London Metal Exchange (LME), totalling over $100 million in value. The metal is currently stored in South Korean warehouses, and Squarepoint Capital has expressed its intention to take delivery of 50,000 tonnes of this aluminium. A significant portion of this aluminium originated from United Co. Rusal International PJSC before it debuted on the exchange. This strategic move by Squarepoint Capital coincides with a period of sluggish demand in the aluminium market, resulting in an accumulation of aluminium stocks and a 7.6 per cent decrease in aluminium prices on the LME this year. The downturn in the construction and industrial sectors plays a major role in this decline. In response to the...
The first batch of Haihu brand "Green Power High-quality 99.85 per cent Aluminium Ingot" of Qinghai Branch of China Aluminium Company (Chinalco) was off the production line in the foundry's second operation area on October 11th. The first order was for 5,000 tonnes, delivered 20 days later to East and South China consumers. The first batch of high-quality 99.85 per cent aluminium ingots of green electrolytic aluminium went offline, indicating that the company was at the forefront of local electrolytic aluminium enterprises' green, low-carbon, and high-quality development. The endorsement of national initiatives such as "peak carbon dioxide emissions" and "carbon neutrality" has rendered it imperative for electrolytic aluminium firms to effectively implement measures to enhance the...
Rio Tinto announced another quarter of progress from July to September 2023. In the Q3 production report, the company revealed that its aluminium output stood at 828,000 tonnes, registering a 2 per cent rise Q-o-Q and a 9 per cent hike Y-o-Y, backed by the full capacity operations at Kitimat smelter and completed cell recovery efforts at Boyne smelter. Other smelters also demonstrated steady operations, resulting in higher aluminium production. Rio Tinto's cumulative aluminium production in nine months of the year amounted to 2.43 million tonnes, up by 9 per cent Y-o-Y. On the minerals front, the company's bauxite production clocked a rise of 3 per cent Q-o-Q and 2 per cent Y-o-Y to come in at 13.9 million tonnes, owing to a 6 per cent growth in shipments to third parties. Steady...
Aluminium is one of the fundamental raw materials used in the transportation sector, and we have previously seen how luxury car makers have encouraged the use of this non-ferrous lightweight metal in creating their designer cars. Last week, fortunate car enthusiasts became the first to see the new British-built Nichols Cars N1A supercar at the Sunday Scramble event at Bicester Heritage. At the car event, the Nichols Cars N1A is ready to flaunt an aluminium chassis that's been expertly combined with state-of-the-art carbon fibre materials to create a remarkably lightweight and efficient roadster. The chassis has been engineered to provide optimal weight distribution, allowing for superior handling and control at high speeds. This innovative integration of materials yields a sturdy and...
The European Green Aluminium Summit 2023, themed “Aluminium sustainable development”, is set to take place on October 18-19 in Frankfurt, Germany. This summit, organised by Shanghai ECV International Co., Ltd., is a platform that brings together experts and professionals from various sectors to discuss the pressing issue of greenhouse gas emissions within the aluminium industry. The summit is accessible through both in-person and online attendance options. Shanghai ECV International is a well-established organiser of international events, known for hosting more than 60 conferences across the globe every year. These conferences cover diverse topics such as automotive, energy, sustainability, and more, attracting a wide range of attendees, from established industry leaders to newcomers in...
LME aluminium opened at US$2,193 per tonne on Monday, with its high and low at US$2,205 per tonne and US$2,179 per tonne, respectively, before closing at US$2,181 per tonne, a decrease of US$9 per tonne or 0.41 per cent. On October 16, the LME aluminium live price chart experienced falling price traits, with the LME aluminium cash bid price and the LME aluminium official price discarding US$14.50 per tonne or 0.67 per cent to officially close at US$2,161 per tonne and US$2,161.50 per tonne. London Metal Exchange graph displayed that the 3-month bid price and the 3-month offer price have dropped US$9.50 per tonne or 0.43 per cent to stop at US$2,191 per tonne and US$2,191.50 per tonne. The December 24 bid price and the December 24 offer price have negated US$7 per tonne or 0.3 per cent,...
The Egyptian Aluminium Company (Egyptalum), which is under state control, has announced that it will be extending the bidding deadline for its smelter expansion project by one month. According to a disclosure statement made by the company at Egypt's bourse on Sunday, the deadline for bid submissions has been moved to 12 November, from the initial date of 12 October, due to requests from the bidding firms for more time. In June, Egyptalum released a tender for the development of its aluminium factories on an EPC (engineering, procurement, and construction) basis. The decision to extend the bidding deadline could indicate that the company has received strong interest from potential suitors. In March of this year, Egyptalum revealed that it was planning to invest approximately 1.05 billion...
Aluminium Association of India (AAI), an apex body representing the entire value chain of the Indian aluminium industry, has requested the government to provide rates for aluminium special economic zones and export oriented units (EOUs) under the RoDTEP scheme. The Association suggests that once the RoDTEP rates are declared for SEZs and EOUs, the country will start seeing improvements in the domestic industry and experience enhanced exports. RoDTEP stands for The Remission of Duties and Taxes on Exported Products (RoDTEP) scheme, introduced by the government to neutralize the taxes and duties levied on exported goods that used to be otherwise not credited or remitted or refunded in any manner at the centre, state, or local level. This scheme came into effect in September 2021. "While...
In celebration of Recycle Week's 20th anniversary, an immersive display centred on recycling was launched at W5 Belfast, a renowned Science & Discovery Centre. The exhibit known as the 'Infinity Room', developed by the non-profit organisation Every Can Counts (ECC) has received several accolades for its innovative approach to educate individuals of all age groups about the significance of recycling aluminium cans and visually demonstrate the perpetual recyclability of aluminium. The display consists of 1,500 aluminium cans that have been recycled, together with 25 square metres of mirrors. Additionally, the display offers a captivating visual experience, allowing visitors to capture and share their photographs and films of the Infinity Room on various social media platforms with the...
thyssenkrupp Aerospace, a leading global provider of supply chain solutions for the aerospace industry, has been providing dedicated supply chain management services, raw materials, and value-added services to The Boeing Company and its worldwide network of subcontractors since 1998. They have recently renewed the contract to keep serving Boeing with aluminium components for the aerospace industry. With a strong focus on aluminium flat and extrusion products, thyssenkrupp Aerospace manages a global control tower for Boeing's materials supply chain, delivering solutions that go beyond the value-added services of a traditional materials distributor. Leveraging its extensive worldwide network, thyssenkrupp Aerospace operates multiple facilities across North America, Europe, and Asia,...
Shandong Nanshan Aluminium Co. Ltd., a China-based company engaged in manufacturing and distributing aluminium products, will demerge its Indonesian business and enlist it to the Hong Kong stock exchange to ensure fetching finances for its future development. The news came on October 13 when Nanshan Aluminium announced that it might list Nanshan Aluminium Investment on the main board of the Hong Kong Stock Exchange. However, the company also said that it would retain control over it. Nanshan International’s core assets, located in the industrial part of Bintan Island in Indonesia’s Galang Batang Special Economic Zone, will be engaged in alumina processing, production, and sales, said Nanshan Aluminium in a preliminary prospectus document for Hong Kong listing. To develop deep processing...
India's leading manufacturer of calcined petroleum coke, Goa Carbon Limited (GCL) and BITS Pilani, K K Birla Goa Campus, have formally agreed to collaborate on long-term research and development initiatives that prioritise environmental, social, and governance (ESG) principles, and operational excellence. Calcined petroleum coke is a vital raw material required in primary aluminium production. It is the primary carbon material used as an anode in electrolytic technology, which helps in transforming alumina to aluminium during the smelting process. BITS Pilani, Goa Campus will lend its knowledge and resources to study and improve current operational paradigms. It will materialise an extremely efficient Computational Fluid Dynamics (CFD) model for the plant's operation to ensure reliably...
Ronan Bouroullec partnered with Manufacture de Sèvres, a porcelain manufacturing business founded in the 18th century in France, to develop a set of aluminium and ceramic lamps that will be on display at Galerie de Sèvres in Paris until November 25th, 2023. The most recent contribution to the designer's body of work, as examined in a newly published Phaidon book, "Ronan Bouroullec: Day After Day," is the introduction of the "Sèvres Lamps." These lamps are offered in three different heights and are characterised by a porcelain aureole upheld by essential aluminium profiles of varying heights. This design approach combines a minimalist aesthetic with the surprising use of colour on porcelain. 'It all quite delicately explodes in the kiln, and when the pieces are taken out, you're not quite...
According to a recent report, Chinalco conducted a promotion meeting of the “Five Standards and One Control” management model in its Liancheng Branch. The company summed up the management model in electrolytic aluminium business units, based on the current situation of the industry. After an extensive on-site study, experience sharing and discussion, Chinalco further clarified the concept of “Five Standards and One Control” management model and promoted it to improve the quality of electrolytic aluminium business units, empowering the high-quality development. The meeting was attended by many electrolytic aluminium enterprises, whereby the Liacheng branch of Chinalco and ten other enterprises shared their views and experiences. Zhengzhou Research Institute made a special report on the...
Nespresso has partnered with Royal Mail to offer a free doorstop collection service for coffee pods. The service aims to boost end-of-life collection rates and improve aluminium coffee pods' recycling propensity. Customers can print their own returns label or request for their postal worker to print and attach a label on their behalf. Alternatively, coffee pods can be taken to any of Royal Mail's 14,000+ drop-off locations. Nespresso has taken steps to address these challenges by incorporating 80% recycled aluminium content in its capsules and co-founding a not-for-profit coffee pod recycling service called Podback. However, the fact remains that most local councils in the UK do not collect coffee capsules in household recycling. Aluminium coffee pods have gained popularity in recent...
Aluminium Stewardship Initiative (ASI) announced the joining of Jiangsu Kuna Industry as a new Production and Transformation member. Aluminium Stewardship Initiative (ASI) announced the joining of Jiangsu Kuna Industry as a new Production and Transformation member. Situated in Xiangshui County Industrial Economic Zone Yancheng City, the company was registered and created at the Xiangshui County Market Supervision Administration with a registered capital of RMB 175.4386 million. Throughout the company's three years of development and expansion, they have always given clients high-quality products, technical assistance, and after-sales service. The company is known for processing and selling aluminium rods and aluminium material rolling. "We have excellent products and a professional sales...
Powys County Council is conducting a pilot program using digital technology to promote the recycling of beverage containers. The trial, known as the digital deposit return scheme (DRS), is taking place in and around the town of Brecon, beginning in July and concluding at the end of this month. Powys is by far the largest county in Wales. Powys County Council is the local authority for Powys, one of the administrative areas of Wales. In this initiative, registered participants use a mobile app to scan a QR code attached to beverage containers before placing them in their home recycling bins, designated recycling machines or returning them to a participating store. As a reward, they receive a 10-pence cash incentive, which they can either keep or contribute to a local food bank. Each...
