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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On the supply side, there are indications of an increase, notably in China, which is expected to lead to an excess metal balance for the current calendar year. As a result, metal prices are unlikely to see significant improvements in the near term and the profit margins of the industry are expected to remain under pressure in the face of a weak global environment, Jayanta Roy, Senior Vice-President and Group Head, Corporate Sector Ratings, ICRA, commented. The estimates for the operating profitability of Indian domestic players stand at 17 per cent for both FY2024 and FY2025, reflecting a contraction of nearly 150 basis points when compared to the levels of FY2023, as per Roy. According to ICRA, the domestic demand growth rate in India for non-ferrous metals is expected to remain 9 per...
Rio Tinto's Kitimat aluminium smelter is finally back in full production after a 17-month restart following a lengthy interruption caused by a strike in 2021. Rio Tinto general manager Simon Pascoe stated that the accomplishment is noteworthy for the community and his 1,100-member crew. The smelter has achieved its maximum production capacity of 432,000 tonnes of aluminium per year, marking the first instance of such achievement since 2018. Rio Tinto also plans to celebrate the smelter's 70th anniversary next year. "We've not just put ourselves back on where we left before the strike. We're actually operating at our plant's full nameplate capacity. It's a testament to the dedication and hard work of every individual on the team," stated Simon Pascoe. Pascoe assumed the position previously...
On October 4, the LME aluminium live price chart witnessed deescalating prices, with the LME aluminium cash bid price and the LME aluminium official price losing US$25.50 per tonne or 1.13 per cent and US$26 per tonne or 1.15 per cent, respectively, to officially close at US$2,230.50 per tonne and US$2,231 per tonne. If the LME aluminium price on September 28 is taken into account, it can be there has been a drop of US$1 per tonne or 0.04 per cent on a Week-on-Week basis from US$2,232 per tonne to what it was yesterday. It can also be seen that within the week, only on September 29, the price soared to US$2,307.50 per tonne. Other than that, the trend was overall linear. London Metal Exchange graph displayed that the 3-month bid price and the 3-month offer price have both decreased by...
In a significant milestone for the AL Circle community, the platform has embarked on a transformative journey, unveiling its fresh and revitalised identity on 5 October, 2023. A decade of progress: The evolution of AL Circle from its inception in 2010 to its latest look showcases an unwavering commitment to providing valuable resources and insights to its users. The journey began in 2010 when AL Circle became a dedicated hub for aluminium enthusiasts and professionals. Over the years, it has continued to evolve and expand its offerings, becoming a trusted source of information and knowledge within the aluminium industry. In the next year of its launch, AL Circle started its journey by offering newsletters to its subscribers, providing them with the latest updates and trends in the...
The chief executive officer of the Norwegian aluminium giant conveyed to one of the most recognised international news agencies that Hydro anticipates a rapid increase in demand for its low-carbon aluminium in the coming years. Furthermore, Hilde Merete Aasheim, the CEO, noted that US customers are growing interested in recycled materials. Aluminium is pivotal in transitioning to cleaner energy, particularly in electric vehicles. Its lightweight construction utilisation enhances the driving range of EVs while compensating for the weight of other components, such as batteries. The process in the production of primary aluminium requires substantial electricity consumption, which is highly carbon-intensive. As a result, environmentally conscious consumers seek to maximize their use of...
Crown Holdings, Inc. has successfully acquired Helvetia Packaging AG, an aluminium beverage can and end manufacturing facility situated in Saarlouis, Germany. With this acquisition, Crown has gained access to Helvetia's existing clientele and associated contracts, in addition to taking on board their 200 employees. Crown Holdings, Inc. is a top global supplier of rigid packaging products to consumer marketing firms, as well as transit and protective packaging products, equipment, and services to various end markets. Its world headquarters are situated in Tampa, Florida. The new facility will enable Crown to expand its European beverage can platform into Germany and increase its annual capacity by approximately one billion units, which will help meet the rising demand for infinitely...
This September marks the 46th annual "Quality Month" in the country, and Ningdong Aluminium Branch of State Power Investment Qingtongxia Aluminum Co., LTD. (referred to as Ningdong Branch) is utilizing the "Quality Month" activity platform to encourage all units to adopt advanced quality management methods and actively engage in mass quality activities such as QC teams, quality trustworthy teams, and innovation studios. The objective is to stimulate employees to participate in quality improvement and innovation, strengthen the quality and technical training of production personnel, and enhance the quality awareness of all staff. As a veteran electrolytic aluminium enterprise with an annual capacity of 570,000 tons of electrolytic aluminium, Ningdong Branch sells most of its aluminium...
Aluminium Stewardship Initiative has reportedly certified Hindalco Industries Limited’s Kuppam Works plant in Andhra Pradesh, India, against Chain of Custody (CoC) Standard V1 (2017) certification. The plant has achieved ASI’s CoC certification for the second time. In August 2023, the facility bagged ASI Performance Standard certification. Hindalco’s Kuppam Works plant manufactures value-added aluminium extrusion profiles. It has a capacity of 15,000 tonnes of aluminium alloy extruded products per annum. Kuppam Works facility got the certification after undergoing a stringent, independent, third-party audit by CETIZION Verifica. The audit occurred before May 31, 2023; thus, the plant received Chain of Custody Standard V1 certification. The ASI CoC Standard V1 certification sets out...
Epsilon Group, headquarters in Mumbai-India, supplies coal tar derivatives to key industries such as aluminium, graphite, carbon black, and speciality chemicals and is a manufacturer of battery material solutions, producing high-calibre, innovative, and environmentally conscious lithium-ion battery (LiB) materials has made public its acquisition of Johnson Matthey's lithium-ion phosphate (LFP) cathode active material technology centre in Moosburg, Germany. However, the financial details of the acquisition are yet to be revealed. The facility is renowned for its cutting-edge technological expertise and a highly proficient workforce specialising in LFP chemistry. Furthermore, it boasts extensive capabilities for both product and process development. The facility encompasses a flexible...
Saudi Arabia will house a world-class aluminium die-casting facility to cater to the growing electric vehicle and general engineering market. The Kingdom has already outsourced the marketing study project to Hinks Gardener, a leading Mid-Level marketing research and consulting firm. The marketing study project, valued at $10-15 million, includes analysing Saudi Arabia’s and overseas market landscape of aluminium castings, delving deep into the burgeoning EV Sector, and evaluating Long Term Tie Ups and Growth Potential, especially in North America and GCC region. The objectives of the market study are – 1) identifying market trends, consumer behaviour, and emerging opportunities in the North America and GCC market, 2) spotting key competitors and their market share and strategies, 3)...
India's imported aluminium scrap prices have shown mixed sentiments in line with movements in futures exchanges, which had w-o-w divergences but primarily exhibited a negative trend. The current state of the aluminium market is characterised by a diverse environment driven by various significant elements. To begin with, sellers in the United States have already obtained confirmed reservations for future transactions. Additionally, the current market situation is experiencing temporary stability, characterised by minimal short-term swings. However, there is cause for hope as projections point to increasing US purchasing activity in the short term. The data shows a notable increase in aluminium trade between the Middle East and India compared to deals involving the UK and the US. India's...
Flow Aluminum Inc. is a startup working on developing a commercially viable aluminium-based battery, with help from business accelerator programs and manufacturing assistance from Polaris Battery Labs. These batteries offer advantages over lithium-ion batteries, such as avoiding the need for rare Earth minerals, eliminating fire hazards, storing more energy, and absorbing carbon dioxide from the air. If successful, they could substantially lower costs for end users. The CEO and co-founder of Flow Aluminum, Tom Chepucavage, specified: "We've developed a high-performance, low-cost, non-flammable, Aluminum-CO2 battery alternative. It's low cost due to a simpler supply chain and lack of need for fire suppression. And uniquely, it operates as a direct air capture system as well, sequestering...
Russia is currently grappling with managing around 150,000 surplus shipping containers in its rail depots, a consequence of a substantial increase in the influx of Chinese goods into the country, while there needs to be more outward-bound movement. According to an analysis released by Hamburg-based trading platform Container xChange on September 28, 2023. Christian Roeloffs, the Co-founder and CEO of Container xChange, stated, “There is significant cargo movement from China into Russia but very scarce movement back to China from Russia. This has a “tremendously detrimental impact on the business of container logistics because of the high imbalance of demand and supply.” China is the largest consumer and producer of aluminium, accounting for more than half of the global consumption. China...
Alumina production in Iran recorded a 1 per cent rise during the first five months of the Iranian calendar year (March 21-August 22). According to the Iranian Mines & Mining Industries Development & Renovation, known as IMIDRO, Iran produced 99,473 tonnes of alumina during the said period compared to 98,169 tonnes a year ago. In the first four months till July 22, Iran’s production of the ore stood at 82,548 tonnes, up 2 per cent year-on-year from 80,896 tonnes. In the previous calendar year 1401, Iran generated 225,942 tonnes of alumina powder, reflecting a 2 per cent drop from the earlier year. Alumina is a critical raw material for producing primary aluminium. The ore is also used for industrial applications, in the form of construction materials, filling materials, and abrasives and...
Third City has been selected as Nespresso UK and Ireland's first sustainability communications agency following a competitive pitch. The strategic objective for the B Corp agency is to strengthen Nestlé's global coffee brand's sustainability commitment to its consumers. The agency will focus on promoting the recyclability of Nespresso's aluminium-based capsules and highlighting its local and coffee farming community initiatives. This is reinforced by Nespresso's own B Corp certification in 2022. Third City will oversee the planning of activities that span across various functions, such as earned media, digital, CRM, e-commerce, and Nespresso boutiques, to engage with both existing and wider audiences. The UK consumer account of the brand remains under the stewardship of Alfred, who was...
HMD Global, the Finnish company that secured Nokia branding rights in late 2016, has launched its first smartphone manufactured in Europe. Composed of 100 per cent recycled aluminium, the new Nokia XR21 is advertised for its durability and sustainability. It has "military-grade durability" and an IP69K rating, indicating its suitability for industrial use cases where dust, heat, moisture, and impact are problematic. The decision comes six months after HMD Global announced plans to shift some of its manufacturing to Europe to address increased enterprise demand for locally produced gear. The effort aims to address security and sustainability concerns, with the company's European manufacturing location first kept under wraps for security reasons. The organisation has officially designated...
SGM Magnetics, an Italian leader in X-ray sorting technologies for metal recyclers, is introducing its latest proprietary technology, XRF-BS. This innovation combines X-ray fluorescence (XRF) with X-ray backscattering, offering an alternative to laser-induced breakdown spectroscopy (LIBS) for sorting aluminium alloys. X-ray backscattering is an underlying phenomenon of fluorescence, often considered a rumour in XRF spectrographic sorting analysis. Unlike X-ray transmission (XRT), which performs a read-through analysis, both XRF-BS and LIBS conduct surface analysis. This means the accuracy of readings for both LIBS and XRF-BS can be affected by surface contaminants such as dirt, paint, or oxidation. The accuracy depends on the contamination's thickness and the reading's penetration depth....
According to a recent study by Crown Holdings, implementing enhanced beverage can recycling practices in six nations can significantly mitigate global carbon dioxide (CO2) emissions by as much as 60 million metric tonnes by 2030. The possibility of a lower carbon footprint for the beverage can complement the format's sustainability qualities of unlimited recyclability, high recycled content, and quick recycling turnaround time. The report, which was conducted by Roland Berger, a third-party global management consultancy, in collaboration with the International Aluminium Institute (IAI), presents a comprehensive analysis of 20 strategies, both short-term and long-term, aimed at enhancing recycling systems and augmenting the rates of beverage can recycling in various countries. Notably, the...
