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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Princess Cruises, a subsidiary of Florida-based Carnival Corporation, is vehemently advocating the cause for sustainable development. The company's motto has inspired it to introduce various green initiatives along its flagship watercraft. Proper recycling practices help create a circular economy around the end-of-life items onboard. Carnival Corporation's 2022 Sustainability Report reveals that it has significantly decreased its greenhouse gas emissions since 2011, making it the only major cruise company to achieve this feat. Despite an expected 30% increase in capacity by 2023, Carnival has surpassed its 2030 carbon intensity reduction goal by targeting a 20% reduction in carbon intensity by 2026 compared to 2019. This represents a 40% reduction in carbon intensity compared to 2008....
Rusal-owned Krasnoyarsk Aluminium Smelter reportedly caught fire on Wednesday, October 4. At 8:57 am (0157 GMT), a fire breakout was reported on the territory of the KrAZ (Krasnoyarsk Aluminium Smelter). The news came after Russia’s TASS state news agency said, citing the officials, “A transformer caught fire on an area of 50 square metres (538 square feet)." According to the emergency officials, there are no casualties so far. It was immediately not known what caused the fire. The Krasnoyarsk Smelter can produce 1 million tonnes of aluminium annually, leveraging EcoSoderberg technology. In mid-2020, Rusal retrofitted the smelter with EcoSoderberg technology . That required a modification of the total 1954 reduction cells to be able to use the EcoSoderberg technology, the best-known...
In the scenic Bintan Island of Indonesia, a new industrial complex is emerging near a bustling seaside resort, marking a significant shift from traditional tourism and fishing to aluminium. At its core is an alumina refinery led by Bintan Alumina Indonesia and partially owned by China's Shandong Nanshan Aluminium. The next phase includes an aluminium smelter launching soon, with a game-changing aluminium factory set for completion by 2028, aiming to supply aluminium ingots for the growing electric vehicle (EV) industry. While this development offers economic growth and job opportunities, it brings some environmental concerns like wastewater pollution and emissions from the coal-fired power station. Residents have had to relocate due to the refinery's expansion, causing mixed feelings....
Alupro, the association dedicated to recycling aluminium packaging, will present its most recent consumer awareness campaigns and innovative educational efforts at the next LARAC Conference. The recycling and waste management event is scheduled at The Hilton Metropole in Birmingham on 11-12 October. This gathering aims to convene several local authority leaders from various regions in the United Kingdom. The primary focus of this event will be to engage in discussions on policy, funding, collaboration, and best practices within the field. Tom Giddings, executive director at Alupro, said, "The LARAC Conference brings together representatives from every local authority across the UK to discuss, debate and learn more about the most important waste management updates – from policy changes and...
Nvolve, a renowned global provider of workforce training and operational excellence solutions, has announced its membership with the Aluminium Federation (ALFED). This strategic collaboration underscores Nvolve's unwavering dedication to advancing sustainable manufacturing practices and achieving operational efficiency. Nvolve's membership with ALFED demonstrates its commitment to advancing an environmentally sustainable and operationally efficient manufacturing ecosystem. ALFED, a prominent trade association, unites businesses within the aluminium industry, nurturing progress and sustainability and adopting optimal industry practices. Barry Harper, the CEO at Nvolve, said, "We are thrilled to join ALFED, an organisation that shares our values and vision for the future of manufacturing....
Vedanta Limited, an Indian multinational mining company, has announced its metal output report for the second quarter of FY2023-24 ended September 30. As per the report, Vedanta produced 594,000 tonnes of aluminium compared to 579,000 tonnes in the June quarter . That reflected a sequential rise of 2.59 per cent in Vedanta's aluminium production during Q2 FY2024. On a year-on-year calculation, the company's aluminium output in Q2 edged an increase of 2 per cent, similar to the annual growth rate in Q1. Lower production cost, as was stated by Vedanta in Q1 report, could be attributed to the continuous rise in its aluminium output volume. Combining the output in Q1 and Q2, Vedanta's total aluminium production amassed at 1.173 million tonnes. Vedanta's Q2 production report also showed that...
Spectro Alloys is backing an investment worth $71 million to incorporate new aluminium recycling equipment in its Rosemount, Minnesota compound. One of the US's largest aluminium recyclers is eager to amplify its ability to sort and melt post-consumer scrap aluminium and cast it into different billet alloys and sheets. Sustainability is the need of the hour, with significant world unions working towards a greener future. This expansion will be crucial for the company as the demand for recycled aluminium sheets and sustainable extrusion materials that adhere to green building standards is rising daily. With the $71 million expansion, Spectro will be able to bridge the gap between the domestic supply chain and production, relying heavily on the cost cuts attributed to recycled aluminium....
Two years following the military coup in Guinea, there are few indications of a return to democratic governance. Interestingly, the current junta overseeing this West African nation has managed to evade international condemnation. This unique situation can be attributed to the country's substantial bauxite and iron ore reserves. In late April, Guinea's foreign minister, Morissanda Kouyaté, posed a question in the National Assembly: "We’re the [world’s] second-largest bauxite producer; why would we grovel before the international community?" Meanwhile, the National Committee of Reconciliation and Development (CNRD), led by Colonel Mamady Doumbouya since the coup on September 5, 2021, appears to have little urgency in organising elections. Officially, these elections are slated for 2024, at...
On Tuesday, October 3, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$30 per tonne or 1.31 per cent and US$29.5 per tonne or 1.29 per cent to score at US$2,256 per tonne and US$2,257 per tonne. On the same day, the 3-month bid price and 3-month offer price slumped by US$23 per tonne or 0.99 per cent to halt at US$2,292 per tonne and US$2,294 per tonne. December 24 bid price and December 24 offer price fell by US$25 per tonne or 1.01 per cent to score at US$2,427 per tonne and US$2,432 per tonne. LME aluminium opening stock came in at 504850 tonnes. Live warrants and Cancelled warrants settled at 193300 tonnes and 311550 tonnes. LME aluminium 3-month Asian Reference Price dwindled by US$50.68 per tonne or 2.14 per cent to reside at US$2,310.16...
On October 03, 2023, Emirates Global Aluminium proudly announced that it has successfully maintained a second consecutive summer with no heat-related illnesses among its workforce. Working outdoors in the United Arab Emirates during the summer can pose a severe risk of heat-related illnesses, which, if not promptly addressed, can lead to fatalities. In addition to this environmental challenge, EGA's industrial operations generate extra heat and must remain operational 24/7 throughout the year. EGA has dedicated over a decade to refining its system for mitigating heat-related illnesses. The company's yearly "Beat the Heat" initiative represents a comprehensive, extended summer campaign encompassing all of EGA's operations. Employees undergo training to identify early indicators of heat...
Strategic Marine Group is a reputable shipbuilder specializing in the construction and fabrication of speciality aluminium craft. The company has collaborated with Caterpillar Marine to achieve its emission reduction goals. With a shipyard in Singapore and a presence in various countries, including Australia, Germany, Indonesia, the Middle East, and the United Kingdom, the company is committed to providing sustainable solutions to the industry by focusing on lower-emission propulsion across its product range. This includes crew transfer vessels (CTVs) for the offshore wind industry, fast crew boats (FCBs) for the offshore oil and gas industry, and other classes of vessels. The CEO of Strategic Marine, Eng Yew Chan, exclaimed: "We are excited to work with Caterpillar Marine to help lower...
The parliamentary breakfast briefing held by ALFED was a great success, with representatives from the entire aluminium supply chain coming together to discuss the ever-changing industrial terrain. Hosted by the Rt Hon. Lord Redesdale, the event provided a valuable opportunity to explore future opportunities for the domestic market and navigate existing trade challenges. Steve Andrews from ISSB Ltd. presented the latest sector data, while Mike Dines, president of ALFED, highlighted the proactive decisions of the aluminium industry and its role in shaping the UK's future economic wellbeing. During the event, Dines discussed the benefits of balancing the import and export of finished materials and harnessing scrap to reduce carbon emissions. He also highlighted the opportunity for the...
As a leading manufacturer of specialised aluminium extrusions, products, and services, Alumex PLC, with its headquarters in Sri Lanka, provides high-performance solutions that deliver superior aesthetics, durability, and functionality without compromise to a wide set of international and national clients. Based in Sri Lanka, Alumex has earned a reputation for excellence in the industry, and its products have been utilised in some of the world's most prestigious buildings. The company's skilled and experienced teams work closely with our growing portfolio of satisfied customers, providing expert advice and support every step of the way. The products offered by Sri Lanka's Alumex: Aluminium Furniture Aluminium DIY Products Aluminium Billets Aluminium Extrusion Profiles As a fully integrated...
RHI Magnesita has announced the acquisition of the Preiss-Daimler Group's refractory businesses in Germany, the Czech Republic, and Slovenia for roughly €45 million in cash. The acquisition would strengthen RHI Magnesita's capabilities in alumina-based refractories and its footprint in process industries, where the Group is currently under-represented compared to other customer sectors. Access to new clients and cross-selling opportunities, production network and logistics economies, vertical integration benefits, recycling, technology transfer, and procurement reductions are expected to provide significant synergies. Based on a pro forma EBITDA basis, the purchase is anticipated to not substantially increase the Group's gearing. The financial resources required for the acquisition will...
According to the performance statement provided by Shenhuo Shares, the Shenlong Baoding Phase II project, which involves the production of 60,000 tonnes of new energy battery aluminium foil, is progressing actively. The installation of the rolling mill has already commenced, and it is anticipated that production will commence in early 2024, with full-scale production expected in the second half of the same year. Furthermore, the company intends to augment the procurement of premium resources, such as coal, through equity acquisition and alternative methods. It aims to expand the advanced capacity of electrolytic aluminium in regions with notable cost benefits by acquiring production capacity indicators, thereby achieving cost-effective expansion. Additionally, the company seeks to foster...
In September 2023, the aluminium industry witnessed increased demand and supply, leading to marginal price growth on the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE). The production in the Chinese aluminium industry has shown positivity in the month, and our forecast remains that the conditions will improve for the rest of the year. The economic slowdown in the Western world and some Asian countries remains a concern in the global manufacturing sector. Aluminium, the herald of sustainability, is forging a path toward a brighter future as the metal of choice. Its eco-friendly properties are catalysing a transformative shift in our world. The key highlights from the global aluminium industry from the month of September are below: Constellium SE, a prominent global...
Adani Group, already one of the world's largest solar power producers, announced the expansion of its solar manufacturing business to meet the growing demand for solar panels in India and worldwide. Aluminium is preferred for making solar panels due to its lightweight properties and tensile strength. For the successful implementation of this project, a massive amount of aluminium panels or extrusions would be demanded by the Indian-origin conglomerate. According to sources, the conglomerate aims to build 10 GW of solar manufacturing capacity by 2027, with the new manufacturing capacity to be set up at Adani's Mundra Special Economic Zone in Gujarat. Currently, Adani's solar manufacturing capacity is at 4 GW. Adani Solar has secured a robust order book of over 3,000 MW in exports,...
The United States aluminium crude metals and alloys imports from the United Arab Emirates in the first half of 2023 amounted to 308,000 tonnes, registering a jump of 60.42 per cent from 192,000 tonnes during the corresponding period of the previous year. As the above graph indicates, the United States aluminium crude metals and alloys imports from the UAE started growing from March 2023 after a dip in the prior month and continued expanding until June 2023. According to the USGS data, the United States imported 30,400 tonnes of the product in March’23, up 19.22 per cent from 25,500 tonnes in February. The import volume in February was down month-on-month by 29.95 per cent from 36,400 tonnes, but that in January was 15.20 per cent higher than the previous month. In April, the United States...
