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,...
Grow with
AL Circle
Residents in Goose Creek have been troubled by a white powder, alumina dust, in the air, which has covered their belongings and posed breathing difficulties. Health and environmental experts recently addressed the concerns and outlined a plan to resolve the issue in a meeting with Goose Creek residents. Representatives from Century Aluminium and the South Carolina Department of Health and Environmental Control (DHEC) also answered questions. Some residents sought transparency regarding the matter. The plant manager at Century Aluminium, Dennis Harbath, expressed regret for the issue, assured residents that they would address it, and explained that the alumina dust release occurred due to bag failures. They are replacing the failed bags and expect the issue to be resolved within 10 days....
A £150,000 loan from the Development Bank of Wales' Green Business Loan Scheme assists Frog Bikes in preparing to create frames and forks that will lower carbon emissions by 5.8 per cent per bike. Investing in 25 per cent post-consumer recycled aluminium will save around 16kg of CO2 per 1kg of aluminium used, which equates to 28.8kg of CO2 per bike. It is stronger than fresh new aluminium, according to testing. By 2030, Frog Bikes will have reduced its emissions by 50 per cent as a participant in the SME Climate Hub, a worldwide initiative to enable small and medium-sized enterprises to mitigate climate change and strengthen their business resilience. This commitment aligns with the United Nations' Race to Zero programmes. "We are committed to producing our bikes in an environmentally...
Shinhwa, a leading automotive manufacturer, made a significant investment of $42 million in 2020 by opening its first manufacturing plant in Auburn. The plant brought with it many job opportunities, and since then, Shinhwa has expanded with two large projects dedicated to aluminium part production for electric vehicles. The first plant will be utilized for assembly, while the third plant will be an aluminium melting plant. Yoonho Lee, the company's president, expressed great satisfaction in Shinhwa's partnership with Telsa Motors, which will be used to produce collaborative EV aluminium components for the Electric vehicle giant. Auburn was the perfect location for Shinhwa, according to the Deputy Director of Economic Development for the city of Auburn, Arndt Siepmann. Shinhwa has plans to...
According to the Shanghai Metals Market survey, China’s social inventories of aluminium ingot recorded a significant rise across the eight major consumption areas, including SHFE warrants, as the market resumed on October 7 from a week-long Mid-Autumn Festival holiday. On October 7, the inventories stood at 582,000 tonnes, up by 86,000 tonnes or 17.34 per cent from 496,000 tonnes on September 28. In the next two days, the stocks rose further by 49,000 tonnes or 8.42 per cent to peg at 631,000 tonnes as of October 9. This inventory surge could be attributed to stable operating rates at domestic aluminium smelters. There were pre-holiday rumours that aluminium production could slow down in Yunnan at the beginning of Q4 2023, but according to SMM research so far, the operating rate of...
Airbus, the world's largest manufacturer of airliners, renews the aluminium rolled products supply contract with AMAG Austria Metall AG, which positions the company to capitalize on escalating aircraft production rates and an expanded market presence. Over the upcoming years, the aluminium producer, based in Ranshofen, will continue delivering certified rolled products to Airbus, predominantly intended for use in the structural components and exterior panels of all Airbus aircraft models. AMAG and Airbus have forged an enduring partnership that commenced with a supply agreement in 1995. Over the years, the volume of deliveries has consistently grown, owing to their unwavering commitment to top-tier quality and reliability. An integral factor in this progress has been the substantial...
Aldi, the German budget supermarket chain, has announced a thrilling new partnership with recycling company TerraCycle. Together, they will help customers recycle their used Aldi-branded plastic and aluminium foil medicine packaging. This recycling initiative kicked off on October 9 and will run across all Aldi stores in the UK. Aldi’s customers can now send their empty blister packs in an envelope via any Royal Mail Post Office or postbox. The packaging can be shipped with a Freepost shipping label obtained from Aldi’s website. During the trial phase, one customer can send up to two envelopes per month. Luke Emery, Director of Aldi UK Plastics and Packaging, exemplified: “We are committed to reducing our impact on the environment and continue to look for new ways to promote recycling...
Igun Metals , a green-tech metal trading and finance startup that uses marketplace and finance solutions to fuel waste metal recycling and green metal mining, is attending the LME Week conference in London. LME Week is London's yearly gathering of the global metals community. Representatives from the whole supply chain gather to discuss current metals market trends, what to expect in the coming year, and to network with peers and colleagues in the sector. The conference will help the company to engage with potential Original Equipment Manufacturers (OEM) looking for African metals. The event will also allow Igun Metals to communicate and learn more about the industry, potential clients, and latest innovations and interact with industry players. Talking about Igun Metals , the company was...
Alupro has categorically mentioned that it will join i2r for the Responsible Packaging Expo to be held in London’s Excel from October 10 to 11. Both entities will join to conduct a seminar that cites aluminium’s sustainability quotient and how its use can be crucial in maintaining a circular economy. Aluminium is widely used in the packaging industry for its non-corrosive and odourless attributes. Items packed in aluminium containers can retain their original taste for a longer period of time because the non-ferrous metal is not only neutral in taste but also protects the interiors from direct sunlight. The Alupro and i2r seminar will emphasise these points, ensuring that the company’s aluminium packaging solutions follow the Government protocols for standards and safety. The seminar...
Novelis Inc., the world's leading sustainable aluminium solutions provider, has reportedly collaborated with Southern Company to take initiatives to achieve decarbonisation of aluminium production across North America. Southern Company, headquartered in Atlanta, is a reputed producer of clean, safe, reliable and affordable energy. The partnership will start with Novelis' new Bay Minette aluminium recycling and rolling plant through a win-win mutual settlement. As per the terms, Novelis will support Southern Company's subsidiary Alabama Power in developing two new 80-megawatt solar power generation plants in Alabama, which, in return, will provide renewable energy to Novelis' new Bay Minette aluminium recycling and rolling plant. Once this new plant comes into operation, it will help meet...
RHB Research has reaffirmed its "overweight" recommendation for the building materials sector, with Press Metal Aluminium Holdings Bhd and Malayan Cement Bhd being their top selections. The research firm's optimism regarding aluminium is driven by several factors, including the current minimal inventory levels, the increasing emphasis on sustainability with a focus on solar panels and electric vehicles, as well as the expected resurgence in demand due to the anticipated growth in China's manufacturing and property sectors in the latter half of 2024. According to the International Aluminium Institute (IAI), global primary aluminium production reached an all-time high of 6.04 million tonnes in August 2023. Aluminium smelters located outside of China, primarily in Malaysia and Iran, have...
Headquartered in China, the State Power Investment Corp Ltd (SPIC) had signed a strategic cooperation agreement with Henan Shenhuo Group on September 28. The alliance was signed under the presence of Feng Jianqing, Party secretary and chairman of the State Power Investment Aluminium Power Company, Li Wei, Party secretary and chairman of Henan Shenhuo Group, Zhao Mingjie, Party member and deputy general manager of Aluminium Power Company, and Zhang Wenzhang, Party member of Shenhuo Group and general manager of Shenhuo Shares. Based on the agreement, both parties will uphold the principle of "complementary advantages, mutual benefit, long-term cooperation, and common development." They will leverage their respective strengths to engage in comprehensive and multi-level collaboration in areas...
The aluminium industry is witnessing promising development as Emirates Global Aluminium and PT Indonesia Asahan Aluminium (INALUM) announce the successful start-up of five pilot reduction cells at INALUM's Kuala Tanjung aluminium smelter, which has been upgraded with EGA's technological expertise. The initial phase of the project aims to upgrade an additional 298 pots in Potlines 1 and 3 of the smelter, with the objective of increasing amperage from 195ka to 215ka and augmenting production capacity by about 10 per cent. EGA's technologists and engineers have invested over 10,000 hours of work in designing and implementing the Kuala Tanjung upgrade project, which includes significant improvements to the superstructure and potshells. The upgrade also integrates EGA's proprietary Pot Control...
Metra S.p.A., the Italy-based manufacturer of vertically-integrated complex extruded aluminium profiles, has reportedly completed the acquisition of Extruded Aluminium Corp. (EAC), Michigan-based recycled-content aluminium producer, and its affiliated company Belding Machinery and Equipment Leasing LLC. The news came after Metra CEO Enrico Zempedri officially announced the acquisition completion, saying: “The acquisition of EAC marks a significant milestone for Metra as it accelerates our geographic expansion within North America and continues our end-market diversification strategy, including entry into the high growth North American utility grade solar industry.” However, while announcing the news, Metra did not disclose the financial terms of the transaction. Belding Machinery, an...
ALUEXPO, one of the most important organizations in the aluminium industry world, has once again opened its doors to industry leaders and enthusiasts alike. This highly anticipated event serves as a hub for the latest advancements, innovations, and trends within the aluminium sector, fostering invaluable networking opportunities and knowledge exchange. ALUEXPO 2023 – 8 th International Aluminium Technology, Machinery and Products Trade Fair Hannover-Messe Ankiros Fuarcilik A.Ş. Date: 12-14 October 2023 Venue: İstanbul Expo Center, Halls 1, 2 and 3, İstanbul Visiting Hours: 10.00 – 18.00 Participants will establish new networks at ALUEXPO, Europe’s 2nd and Eurasia’s biggest aluminium fair. Take your place in the growing aluminium sector of Turkey and Eurasia by participating in this...
The Directorate General of Trade Remedies (DGTR), which operates under the purview of the commerce ministry, has commenced an inquiry to reassess the necessity of maintaining the anti-dumping tariff on imported aluminium alloy wheels from China. Grievances expressed by the domestic industry have prompted this action. On behalf of the domestic industry, Kosei Minda Aluminium Company (KMA), Maxion Wheels Aluminium India, Minda Kosei Aluminium Wheel, and Steel Strips Wheels have applied for the initiation of a sunset review investigation for the continued imposition of anti-dumping duty levied on imports of 'aluminium alloy road wheel' exported from China. According to a notification issued by the Directorate General of Trade Remedies (DGTR), the petitioners have shown prima facie evidence...
At the London Metals Exchange industry gathering known as LME Week, Novelis Europe announced debarring Russian aluminium from its metal supply tender 2024. It is when the industry people – consumers, producers, and traders come together to buy and sell aluminium for 2024. Emilio Braghi, executive vice president and president of Novelis Europe, said: "We are excluding Russian sources in our 2024 tender to supply aluminium to our Novelis plants in Europe" Novelis currently buys some aluminium from Rusal under contracts signed before the Russia-Ukraine conflict. But since the geo-political war began, the former restrained itself from entering into new deals with the latter for aluminium, said Novelis' CEO in August. "Novelis Europe has been fulfilling some remaining contractual obligations...
Three-month LME aluminium opened at US$2237 per tonne last evening and closed at US$2247 per tonne, a US$7.5 per tonne rise or 0.33 per cent. On Monday, October 9, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$15 per tonne or 0.67 per cent to close at US$2,192 per tonne and US$2,193 per tonne. London Metal Exchange (LME) graph displayed that both 3-month bid price and 3-month offer price slipped by US$11 per tonne or 0.49 per cent and US$10 per tonne or 0.44 per cent to clock at US$2,227 per tonne and US$2,229 per tonne. December 24 bid price and December 24 offer price also fell by US$17 per tonne or 0.71 per cent to halt at US$2,353 per tonne and US$2,358 per tonne. LME aluminium opening stock settled at 495650 tonnes. Live warrants and...
The Ministry of Industry and Trade of Vietnam, pursuant to its regulatory authority and responsibilities, issued Notice No. 2537/QD-BCT on October 3, 2023. This notice signalled the commencement of introducing the first anti-dumping sunset review investigating aluminium profiles originating from the People's Republic of China. The specific Vietnamese tax codes associated with the products under investigation are 7604.10.10, 7604.10.90, 7604.21.90, 7604.29.10 and 7604.29.90 The "sunset" review by the World Trade Organization(WTO) is a law that states that when a country imposes duties on imported products because it feels they are being sold at unfairly low rates (dumping), the levies should generally expire after five years. However, before those five years are up, the government is...
