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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AL CircleBiz , the world's first global B2B aluminium marketplace connecting millions of buyers and sellers along the value chain, has onboarded Sommet Group , a leading manufacturer and exporter of non-ferrous metal alloys, wires and rods successfully. Sommet Group , founded in 1998, is the leading manufacturer and supplier of non-ferrous metals, alloys, wires, and rods. They specialise in aluminium wire, copper wire, zinc wire, brass wire, bronze wire, as well as alloys and ingots of zinc, aluminium, lead, tin, copper, brass, and bronze, among other materials. The products offered by the company include: Aluminium Wire Aluminium Ingot Copper Clad Aluminium Wire Aluminium Wire for Mesh The company's director, Mr Abhimanyu Asija, spearheads the organisation, intending to establish a...
Skyportz, Contreras Earl Architecture, and Pascall+Watson Architects are set to release a concept for an innovative e-mobility hub on the Australian waterfront. The proposal involves the transformation of an existing heliport situated along the Yarra River in Melbourne into a state-of-the-art vertiport, purpose-built to facilitate the integration of clean, quiet electric air taxis. CEO Clem Newton-Brown, Skyportz, emphasises the safety and practicality of waterfront locations for electric air taxi operations, citing the advantage of clear approach and departure paths as per aviation requirements. In addition to serving as a hub for electric air taxis, this project envisions a multimodal transport centre for electric scooters, bicycles, ferries, and rental boats. A waterfront cafe will...
According to a recent report, Vietnam Industry – Coal and Mineral Industries Group, popularly known as Vinacomin, has decided to invest in setting up new alumina refineries and aluminium smelters, along with expanding the capacity of its existing Nhân Cơ Alumina Plant in Đắk Nông. Vinacomin is focused on establishing new investment projects in Đắk Nông with a long-term goal of developing the upstream aluminium industry in a modern and sustainable manner. Vinacomin aims to increase its alumina production to 6-8 million tonnes per year and generate 450,000-900,000 tonnes of aluminium ingots each year after 2030. For refining alumina, Vinacomin will reportedly source bauxite from Nhân Cơ, Gia Nghĩa, Gia Nghĩa 2, Bắc Gia Nghĩa, Tuy Đức, Đắk Song, and Quảng Sơn mines. To increase the...
Rheinmetall has received additional orders for lightweight automotive engineering, including battery trays and cylinder heads for electric and hybrid vehicles. Rheinmetall's Materials and Trade division's Castings business unit has received two new orders. Both parts will be manufactured in China. The battery trays will be used in the new battery box from the carmaker. Production will begin in 2025 and will last seven years. Rheinmetall's casting business has a long history of creating very complex, sophisticated aluminium cast parts, and the successful nomination of its industrialisation and production services continues the company's push into e-mobility components. Aluminium cast parts essential to crash and certification must adhere to rigorous safety standards, necessitating...
Spirit AeroSystems Holdings, Inc. and its counterpart, Spirit AeroSystems, Inc., have appointed Patrick M. Shanahan as interim President and Chief Executive Officer, effective immediately. Spirit AeroSystems is an expert in creating bespoke aluminium components for the aviation sector. Mr. Shanahan brings extensive experience from his 31-year tenure at The Boeing Company and his service as Deputy Secretary of Defence and Acting Secretary of Defence. The Company's Board will search for a new Chief Executive Officer while Mr. Shanahan takes the helm. The Chair of the Board, Robert D. Johnson, commented: "Spirit plays a vital role in the aerospace industry and is well-positioned to fulfil the growing demand in this important market. Pat is a seasoned executive with nearly four decades of...
Aluminium USA stands out as the premier exhibition and technical conference dedicated to the aluminium industry. It is an industry event covering the entire value chain from upstream (mining, smelting) via midstream (casting, rolling, and extrusions) to downstream (finishing, fabrication). Aluminium USA offers a forum for leading suppliers and industry professionals to come together for face-to-face meetings, exhibitions, cutting-edge conferences, educational programming, and technology-based networking opportunities. The Aluminium USA 2023 networking party is taking place on October 25th-October 26th at the Nashville Country Music Hall of Fame. Over the course of two days, this event brings together professionals for a comprehensive experience featuring exhibitions, networking...
The Australian Anti-dumping Commission has reportedly decided to impose anti-dumping duties and countervailing duties on China-origin aluminium extrusions. The news came on September 22, 2023, when the Australian Commission declared in Notice No. 2023/051 that the Australian Minister of Industry and Science and Technology approved the final recommendations of import duties on China. The measures came into effect from the date of announcement. In June 2009, Australia first launched an anti-dumping and anti-subsidy investigation into aluminium profiles imports from China, which found a year later that the dumping margin of the products was 2.7 per cent to 25.7 per cent and the subsidy margin was 3.8 per cent to 18.4 per cent. Then four years later, the Australian Anti-dumping Commission...
Hydro is responsible for operating and maintaining three bauxite residual facilities located at the Schwandorf legacy site in the eastern region of Bavaria, Germany. The site contains remnants from the operational activities conducted by VAW, a German aluminium company, from the 1930s to the 1990s. As a result, Hydro is investing € 3 million in installing a new water treatment plant at the legacy bauxite residue facilities in Schwandorf, Germany. The project is carried out in five steps- Construction of a temporary water treatment plant adjacent to the existing water treatment plant The transition from the old water treatment plant to the temporary plant, which began operating on October 1, 2023 Dismantling of the old water treatment plant Construction of a new permanent water treatment...
The LME aluminium live price chart, on October 2, experienced falling prices, with the LME aluminium cash bid price and the LME aluminium official price losing US$21 per tonne or 0.91 per cent to officially close at US$2,286 per tonne and US$2,286.50 per tonne. The LME aluminium price nearing the end of September saw four strong days of growth from September 26 to 29, to begin the month of October in a dampened state. London Metal Exchange graph displayed that the 3-month bid price and the 3-month offer price have both descended by US$25 per tonne or 1.07 per cent to stop at US$2,315 per tonne and US$2,317 per tonne. The December 24 bid price and the December 24 official price have eradicated US$20 per tonne or 0.81 per cent, settling at US$2,452 per tonne and US$2,457 per tonne. LME...
The European Union has initiated the rollout of a groundbreaking carbon border tax intending to mitigate the environmental consequences associated with imported products, including aluminium, steel, fertilizer and cement. On Sunday, October 1st, 2023, the EU introduced the new tariff (CBAM), which mandates importers of aluminium, cement, iron and steel, fertilizers, electricity, and hydrogen to report their production emissions when entering the European Union. In 2026, emissions from imported goods will be subject to a charge, requiring importers to purchase certificates corresponding to the amount of carbon emissions generated during production. EU claimed, "Climate change is a global problem that needs global solutions." This measure aims to counteract "carbon leakage," a phenomenon...
Reynaers Middle East (RME), the regional office of Reynaers Aluminium, one of Europe's leading companies specialising in aluminium solutions, welcomed Bert Geerinckx, the newly appointed Group CEO of Reynaers Aluminium, during his visit to their regional headquarters in Bahrain. Ali Khalaf, the Managing Partner of RME, warmly welcomed Bert Geerinckx and congratulated him on his new appointment as the Group CEO. Khalaf also conveyed his best wishes for Geerinckx's success in his upcoming responsibilities. Geerinckx's visit included a comprehensive briefing on the company's operations, activities, and projects in the rapidly growing Middle East region, a crucial target market for Reynaers Aluminium. Additionally, the Group CEO had valuable discussions with the RME team members in Bahrain...
According to the Oxford Institute for Energy Studies, the hydrogen industry faces challenges related to limited investments and an uncertain profit model. They recommend a strategic focus on hydrogen storage solutions to address these issues. Their proposal suggests that large-scale storage facilities should be established in proven salt caverns, primarily in countries such as Poland, Germany, and the United Kingdom. However, they anticipate less potential for such storage in southern European regions. Researchers in the United States and Singapore have introduced a cost-effective solution called aluminium formate (ALF) for hydrogen storage. ALF can store significant quantities of hydrogen at temperatures at non-cryogenic levels, specifically at temperatures greater than 120 k (Kelvin),...
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Alumina production in Africa & Asia (ex-China) during August 2023 amounted to 1.172 million tonnes, registering a downfall of 1.01 per cent month-on-month from 1.184 million tonnes, found the International Aluminium Institute survey. However, Africa & Asia’s (ex-China) alumina output in July edged an increase of 7.05 per cent from 1.106 million tonnes in June 2023. On an annual basis too, alumina production in Africa & Asia (ex-China) during August 2023 recorded a fall of 2 per cent from 1.196 million tonnes. In the first seven months of 2023, Africa & Asia’s (ex-China) alumina output totalled 8.934 million tonnes, down by 3.3 per cent from 9.239 million tonnes during the corresponding period of the previous year. The daily average production of alumina in Africa & Asia during August 2023...
Reynaers Aluminium UK, a leading specialist in developing and marketing innovative, sustainable aluminium solutions for windows, doors and facades, is shortlisted for three prestigious G-awards' categories – Sustainability Initiative of the Year, Promotional Campaign of the Year, and Customer Care Initiative of the Year. The award category Sustainability Initiative of the Year acknowledges Reynaers’ unwavering commitment to cutting carbon emissions in its own operations and the wider supply chain through Reynaers Act strategy. To achieve the goal, Reynaers has introduced more cradle-to-cradle products and created thermally efficient systems. The Promotional Campaign of the Year category recognises Reynaers’ commitment to promoting sustainability within the industry, including its own...
China's Henan Zhongfu High Precision Aluminium Company has achieved a significant milestone by securing certification from SCS Global (US Global Scientific Certification System) and receiving the prestigious "Kingfisher - Recycled Ingredient Declaration" certificate (able to feature the Kingfisher eco-label) Since its establishment in 1984, SCS has consistently been at the forefront of sustainability standards and third-party certification, playing a pivotal role across various sectors of the economy, including natural resources, the built environment, food and agriculture, consumer products, and the climate sector. Founded in 1990, the SCS Recycled Content Certification Program has empowered manufacturers to demonstrate their commitment to maintaining natural resources, advancing...
The LME aluminium benchmark price closed the week on Friday, September 29, with a leap of US$75.50 per tonne or 3.4 per cent. As per the data, the LME aluminium cash bid price and LME aluminium official settlement price stood at US$2,307 per tonne and US$2,307.50 per tonne, respectively. The 3-month bid price and 3-month offer price stood at US$2,340 per tonne and US$2,342 per tonne, registering a sharp rise of US$77 per tonne. December 24 bid price and December 24 offer price massively gained US$74 per tonne to settle at US$2,472 per tonne and US$2,477 per tonne, respectively. LME aluminium opening stock decreased on Friday by 4,225 tonnes to stand at 486,050 tonnes. Live Warrants shrank sharply by 50,225 tonnes from the previous day to rest at 173,875 tonnes, but Cancelled Warrants...
India's largest mobile tower installation company, Indus Towers, has signed an agreement with IOC Phinergy (IOP) to deploy 300 zero-emission energy systems to cut diesel consumption at Indus' telecom tower sites. According to the company's statement, Indus Towers will accelerate its sustainability efforts with this move. "Indus Towers Limited and IOC Phinergy Private Limited (IOP) have signed an agreement to deploy 300 zero-emission energy systems based on aluminium-air technology to optimise diesel consumption at Indus' telecom tower sites." Prachur Sah, the CEO of Indus Towers, has articulated the company's commitment to its ESG (Environmental, Social, and Governance) vision, emphasizing its dedication to fostering environmental responsibility, social accountability, and strong...
After an incredible 62-year run of smelting operations, the German Speira company is embarking on a transformative journey. In a bold and forward-thinking move, the company has decided to cease the production of primary aluminium by the end of 2023, with the last of the potlines scheduled to be shut down by December. The closure of the aluminium smelting operations marks a turning point in Speira's history, and the company is now embracing a pioneering concept. The iconic Rheinwerk facility, once the heart of their aluminium production, is transforming remarkably into a state-of-the-art recycling-based foundry. This visionary shift aligns Speira with the principles of sustainability, eco-consciousness, and a circular economy. The company is committed to reducing its environmental...
