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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The aluminium foil industry is a hidden champion, a workhorse of modern life that often goes unnoticed yet plays a pivotal role in various sectors across the globe. Today, AL Circle is thrilled to announce the launch of the comprehensive industry-focused latest report, "Aluminium Foil and its End Uses - Current Trends and Forecast," designed to shed light on this versatile material and the myriad ways it influences our daily lives. Aluminium foil, a marvel of material science, has evolved from a simple kitchen essential to a multifaceted product with an array of conventional and cutting-edge applications. It is no longer just the humble wrapper for leftovers; it is an essential ingredient in industries spanning from food packaging and pharmaceuticals to automotive and construction. As the...
During the previous week, the Indian base metals market displayed a mixed performance, with positive and negative moves and some minor price swings. Although domestic aluminium prices remained relatively stable, the imported market experienced higher price volatility. Throughout the week, the primary aluminium ingot segment has undergone several modifications. A decline in primary aluminium ingot (P1020) price was observed as the significant players curtailed their prices. It stood at INR 221,000 per tonne ex-Delhi without GST. In contrast, the price of ADC12 aluminium alloy ingot price was found stable w-o-w at INR 188,000 per tonne ex-Faridabad, leaving out GST. The market for aluminium scrap in India did not evidence any significant fluctuations regarding the price or trading...
On Friday, October 6, mining company Vedanta Limited formed a new wholly-owned subsidiary for its aluminium business named Vedanta Aluminium Metal. Registered in Maharashtra, India, the newly incorporated subsidiary will have authorised and subscribed capital of INR 1,00,000, representing a share of Re 1 each. This move is part of the implementation of demerging and separately listing business units into independent “pure play” companies on September 29. The objective is to attract investments into the expansion and growth of each of the business units. Vedanta will create six companies, each as big as the parent firm, Vedanta Resources. Shareholders owning one share of Vedanta Limited will receive an additional one share of each listed company. Vedanta Limited Board already approved late...
The International Energy Agency's (IEA) urgent Minerals and Clean Energy Summit in September 2023 addressed the pressing need to secure a steady supply of critical minerals for the global energy transition. The agency emphasized the crucial role of recycling in relieving stress on critical mineral supply networks worldwide. The International Energy Forum (IEF) developed a list of vital minerals required by modern businesses and technology in August 2023, including aluminium, indium, nickel, copper, and others. These minerals are critical to the clean energy transition and must be sourced in a sustainable manner. When it comes to recyclability, aluminium reigns supreme. Aluminium retains its mechanical and physical qualities, even when recycled infinitely, without deteriorating or...
A new report released on October 4, 2023, indicates that India could achieve a $1 trillion export-driven automotive industry by 2035, focusing on manufacturing excellence, innovation, and technological dominance. According to a report from the Boston, USA-headquartered international management consulting firm Arthur D. Little, India has the opportunity to generate an additional $400 billion in revenue by 2035, in addition to the existing $600 billion trajectory, through a strategic emphasis on exports, innovation, and technology. This concerted effort could elevate India into a prominent global automotive centre. The report suggests that players in the Indian automotive industry must enhance their capabilities and establish India as a trusted and competitive centre for vehicle...
The three-month LME aluminum opened at US$2,232 per tonne, with high and low at US$2,248 per tonne and US$2,222.50 per tonne, respectively, before closing at US$2,246 per tonne, up by $14 per tonne or 0.63 per cent. On Friday, October 6, the LME aluminium cash bid price rose by US$12 per tonne to stand at US$2,207 per tonne and the LME aluminium official settlement price increased by US$12.50 per tonne to come in at US$2,208 per tonne, following a fall of US$35.50 per tonne on the previous day. The 3-month bid price and 3-month offer price grew by US$7 per tonne and US$6 per tonne, respectively, to come in at US$2,238 per tonne andUS$2,239 per tonne, as of October 6. December 24 bid price and December 24 offer price settled at US$2,370 per tonne and US$2,375 per tonne, up by US$2 per...
China’s primary aluminium input prices have resumed the market from a week-long Mid-Autumn Festival and National Day Holiday on a high note. After remaining restrained for almost two months, China’s domestic bauxite prices have recorded a rise, particularly bauxite (4.5≤Al/Si＜5.5) Shanxi and bauxite (4.5≤Al/Si＜5.5) Henan, according to the Shanghai Metals Market. As of Monday, October 9, the former has increased by RMB 10 per tonne to stand at RMB 490 per tonne, and the latter has grown by RMB 5 per tonne to peg at RMB 500 per tonne. The average prices of the former are likely to range between RMB 480-500 per tonne, while that of the latter is estimated to hover around RMB 490-510 per tonne. The imported bauxite price has marked a rise of US$1.29 per tonne on October 9 to start the week at...
The aluminium sector is undergoing substantial development, with a strong emphasis on sustainability, in which recycling plays an important part, making it a top priority for manufacturers and consumers. The industry's focus has switched to developing environmentally friendly practices and embracing circular economy principles. Nvolve, a world-class provider of workforce training and operational excellence solutions, has joined the Aluminium Federation (ALFED). This collaborative partnership demonstrates Nvolve's constant commitment to enhancing sustainable manufacturing practices and improving operational efficiency. Henan Zhongfu High Precision Aluminium Company in China unlocked a significant milestone by receiving certification from SCS Global (US Global Scientific Certification...
This week, the downstream segment has seen increasing activities with Epsilon Group, a Mumbai-based company, acquiring Johnson Matthey's lithium-ion phosphate cathode active material technology centre in Moosburg, Germany. The financial details of this acquisition have not yet been disclosed. Constellium has sold its three soft alloy extrusion facilities in Germany to Vaessen Aluminium for €48.8 million. The sale was completed after receiving regulatory approval. Constellium is a global leader in providing aluminium solutions for various markets, including aerospace, automotive, and packaging. In 2022, they had a whopping revenue of €8.1 billion. Russia has 150,000 surplus shipping containers due to increased Chinese imports, but the outbound movement is sluggish. This causes an imbalance...
The Swiss multinational company SIG, specializing in aseptic packaging systems and solutions, has unveiled plans to invest €8.4 million (R$49 million) in the expansion of its carton packaging facility located in the city of Campo Largo within the Metropolitan Region of Curitiba. Aseptic carton packaging, composed of layers of paper, polyethylene, and a 5 per cent component of aluminium foil, serves as a protective shield against light and oxygen for the packaging. With the completion of its fifth expansion, the facility has significantly increased its annual production capacity to 5.2 billion units, a remarkable leap from its initial capacity of just 1 billion packages back in 2011. Staffed by approximately five hundred employees, this facility operates 24/7, ensuring continuous supply to...
The rush to discover additional ventures in transition materials has instigated a reassessment of strategy at Rio Tinto. This involves an inclination towards smaller mining operations and potentially exploring more precarious, less-established locations. On October 6, 2023, Dominic Barton, Rio Tinto's chairman, indicated a more pronounced focus on aluminium, as customers are increasingly willing to pay extra for eco-friendly, sustainable products. He also emphasized the company's aspiration to participate in the growing lithium market. Dominic Barton mentioned that Rio Tinto's fresh strategy might involve embracing projects that commence on a smaller scale and have the potential to grow, often in collaboration with government or local partners, instead of exclusively pursuing the largest...
Last week was a very exciting time for AL Circle with the rebranding experience in play. Overall, the aluminium industry, too, saw a few gut-wrenching events. A fire broke out at Rusal-owned Krasnoyarsk Aluminium Smelter on Wednesday. A transformer caught fire in a 50 square metre area. No casualties have been reported yet, and the cause of the fire is unknown. German company Speira is closing down its primary aluminium production after 62 years, with the last potlines scheduled to shut by December 2023. The Rheinwerk facility will be transformed into a recycling-based foundry, aligning with sustainability and a circular economy. Speira aims to reduce its environmental footprint and conserve resources. On the brighter side, Rio Tinto's Kitimat aluminium smelter is now fully operational...
The benchmark aluminium price on the London Metal Exchange in September 2023 recorded an increase of US$123.50 per tonne or 5.65 per cent to reach US$2,307.50 per tonne. The price started flaunting a steady growth towards the second half of the month compared to the initial days. After initiating the month on September 1 at US$2,184 per tonne, the LME aluminium benchmark price dwindled the next two days by US$47.50 per tonne to stand at US$2,136.50 per tonne as of September 5. The price grew intermittently on September 6 to US$2,158 per tonne before declining further to US$2,132.50 per tonne as of September 8. From September 11, the LME aluminium price started growing steadily from US$2,154 per tonne, with a few intermittent declines. At the end of September 2023, the LME aluminium...
La Bouche Rouge, the eco-luxury beauty brand that spearheaded the movement to eliminate single-use plastics from cosmetic products, has recently entered the perfume market with a range of five natural and upcycled fragrances. These fragrances come in glass bottles that can be refilled with 100% aluminium tubes, making them an excellent choice for those who are looking for sustainable beauty products. Despite facing financial difficulties, La Bouche Rouge was recently acquired by Beauty Brands Global, a Dubai-based holding company led by Dilesh Mehta, president of British fragrance house Designer Parfums. The brand's innovative use of recyclable and refillable high-end packaging made of a variety of materials, including aluminium and vegan leather, has had a strong influence on the beauty...
Reynaers Aluminium UK was nominated for three prestigious G-awards categories: Sustainability Initiative of the Year, Promotional Campaign of the Year, and Customer Care Initiative of the Year. Toyota Motor North America and LG Energy Solution have agreed to supply lithium-ion battery modules for Toyota's upcoming battery electric vehicles (BEVs) in the United States. Knest, India's largest and fastest-growing aluminium formwork firm, has published a new ad film starring Rahul Dravid, also known as Mr Dependable, as part of its continuing statewide campaign 'As Dependable As It Gets.' The cricket legend is the brand ambassador for this campaign, which Atomium Labs created, Knest's Strategy Partner and Agency On Record (AOR). R+Co is an umbrella organisation that fosters the best-in-class...
Pro-Ject, the audiophile equipment manufacturer, has unveiled The Dark Side of the Moon Turntable to honour the 50th anniversary of Pink Floyd's iconic album and pay homage to its album cover. The unique turntable is set to release in October and faithfully recreates the album artwork of the 1973 album. The turntable exclusively features aluminium, which recreates a utopian, hallucinogenic outlook that Pink Floyd is synonymous with. The cover features a beam of white light split into its constituent colours, symbolizing the album's themes of exploration and transformation. Pro-Ject's limited-edition record player pays homage to Pink Floyd's "The Dark Side of the Moon" album cover. The record player is equipped with high-end components, including an acrylic and black aluminium tonearm, a...
Hindalco Industries, the leading Indian aluminium manufacturing company, is set to establish a two million tonnes per annum (MTPA) alumina refinery plant in the Rayagada district of Odisha. In this context, the Odisha Mining Corporation (OMC) has entered into a Memorandum of Understanding (MoU) with Hindalco Industries to provide a long-term supply of raw materials for the alumina refinery project located in Kansariguda, Rayagada district. The MoU was signed in the presence of Chief Minister Naveen Patnaik, Balwant Singh (Managing Director of OMC), and Satish Pai (Managing Director of Hindalco). This agreement is expected to expedite and facilitate the progress of the two-million-ton alumina refinery in Rayagada, as announced by the Chief Minister's Office (CMO). Notably, this marks...
Rusal confirmed on October 5 that its Krasnoyarsk Aluminium Smelter remained unaffected despite a significant blaze erupted at the facility spanning over 21,528 square feet. Krasnoyarsk Smelter is one of the largest smelters in the world and a key site where Rusal introduces cutting-edge technologies. It is the only smelter in Russia that produces high-purity aluminium. Thanks to the prompt action of firefighters to combat the flame, no injury or damage occurred due to the incident. On October 4, the Russian Ministry of Emergency Situations ensured the fire did not spread to nearby structures. TASS, a state-owned Russian news agency, detailed the incident, stating that pallets immersed in flames covered an area of 21,528 square feet, and a production building took up an additional 2,153...
