Stretch a line from the Red Sea through the Gulf of Aden and the Indian Ocean all the way to the Atlantic coast, and you'll pass through a decade-old network of ports, long-term concessions, roads, and logistics corridors built by a single Gulf state. The common thread running through the United Arab Emirates is bauxite mines, the raw ore behind aluminium production, sit alongside renewable energy plants, and data centres. On 20 September 2026, Anwar Gargash, diplomatic adviser to the UAE president, put a number on that footprint sharing that the UAE investment in Africa is approaching USD 150 billion, with annual two-way trade now exceeding USD 107 billion. He framed the expansion as part of Abu Dhabi’s push to build direct ties with the continent, bypassing traditional Western...
Greenland’s newly signed security agreement is bringing fresh attention to the island’s critical-minerals potential — and AnorTech is positioning its sustainable alumina project to benefit from the stronger investment environment. AnorTech has welcomed the Greenland Security Agreement signed by Greenland, Denmark and the United States at the United Nations General Assembly on September 22, saying the framework could strengthen the environment for critical-mineral development and secure supply chains. For AnorTech, the development comes as it advances its Gronne Bjerg anorthosite project and works towards commercialising a portfolio that includes zero-waste smelter-grade alumina (SGA) and high-purity alumina (HPA). The company said the agreement strengthens regional defence cooperation,...
Grow with
AL Circle
In the quaint city of Manitowoc, Wisconsin, the echoes of a once-thriving aluminium industry still resonate amidst its streets. Mirro Aluminum Company, once a titan in the realm of aluminium manufacturing, boasted innovation and prosperity that reverberated far beyond its confines. Founded in the wake of the 1893 Columbian Exposition, Mirro Aluminum emerged as a beacon of ingenuity, crafting everything from essential cookware to beloved childhood toys. However, as time marched forward, economic tides shifted, leading to the eventual decline and departure of this industrial cornerstone. The rise of Mirro Aluminum: Pioneering innovation The story of Mirro Aluminum is one steeped in ambition and entrepreneurial spirit. Inspired by the wonders of aluminium showcased at the Columbian...
The British-Australian multinational company Rio Tinto, the world's second-largest metals and mining corporation, has released its 2023 Taxes and Royalties Paid Report, outlining the $8.5 billion paid in taxes and royalties worldwide for the year. In 2022, the company paid $10.8 billion, encompassing approximately $1.5 billion in Australian corporate tax payments attributable to previous years. In Australia, where nearly half of the company's global operations are based, taxes and royalties amounted to $6.6 billion (A$10.0 billion) in 2023. This included $4.1 billion (A$6.2 billion) in corporate taxes. Rio Tinto also made notable tax and royalty payments in Canada ($601 million), Chile ($477 million), Mongolia ($371 million), and the United States ($123 million). Peter Cunningham, Rio...
Pakistan Aluminium Beverage Cans Limited (PABC) recorded a significant increase in its profit after tax for 2023, reaching Rs5.02 billion. This marked a notable 86 per cent rise from the Rs2.7 billion reported in 2022. The company attributes this substantial growth in profit to rise in sales and a reduction in taxation during the period. What the statement disclosed As disclosed in the company's profit and loss statement posted on the Pakistan Stock Exchange (PSX) on Friday, the Board of Directors (BoD) announced an interim cash dividend of Rs3.5 per share, equivalent to 35 per cent of the share value, for the fiscal year ending 31 December 2023. The company's earnings per share (EPS) for 2023 were recorded at Rs13.9, representing a substantial increase from the EPS of Rs7.48 reported...
Residents of Burnham-On-Sea and Highbridge are in for some changes to their rubbish and recycling collection schedule this Easter holiday season. The items that will be included in this recycling initiative are aluminium foils, cardboard boxes and plastic moulds. The recycled aluminium market is booming, driven by environmental concerns, rising demand, and technological progress. Its inherent sustainability—requiring only 5 per cent of the energy to produce compared to virgin aluminium—makes it a clear winner in the fight against climate change. Change in date for by Somerset Council Somerset Council has adjusted the usual collection days to accommodate the holidays. Collections initially planned for Good Friday (March 29th) will now occur on Saturday (March 30th). There will be no...
Mark your calendar for the 12 th International Bauxite, Alumina and Aluminium Conference & Exhibition (IBAAS-IIM 2024). Scheduled to take place in BITS Pilani K K Birla Goa Campus from September 25 to 27, 2024, this event stands as a beacon for industry professionals, experts, and aficionados alike. Don't miss this chance to be part of the conversation shaping the future of our industry! About the event It is a unique occasion to converge, collaborate, and spark innovation within this ever-evolving sector. At the venue of the IBAAS-IIM 2024 conference , an exhibition will be organized showcasing the developments of the aluminium industry in India and the world over. This year the theme of the conference will be, “Aluminium Industry – Vision 2030.” The conference will unite titans of...
Embarking on a journey towards sustainability, Black Cow zero-waste vodka proudly joins Sustainaholics and Tourvest Retail Services to unveil its latest offering: a 100 per cent post-consumer recycled Alumini 5cl bottle. This eco-conscious creation is now soaring high on British Airways short-haul flights departing from London Heathrow. Passengers can choose to pre-order this eco-friendly Black Cow vodka or purchase it on board from the High Life Café menu. Building upon its partnership with Tourvest Retail Services, which first took flight in November 2022, Black Cow continues to pioneer change in eco-friendly travel. This milestone also signifies a significant achievement for Sustainaholics' Alumini bottle innovation, positioning it as a frontrunner in transitioning from traditional...
Reynolds Consumer Products, the manufacturer of Reynolds Wrap aluminium foil , faces a proposed class action alleging deceptive advertising. The lawsuit contends that despite labelling its foil as "Made in USA," the company primarily sources its raw materials and conducts manufacturing operations elsewhere. The complaint, filed on March 27, 2024 evening, asserts that most of the bauxite used by Reynolds comes from international sources, with the United States contributing only a minor fraction to global bauxite production. The lawsuit, filed in federal court in Manhattan, additionally alleges that a significant portion of the bauxite is processed into alumina and, subsequently, aluminium outside of the United States. According to the complaint, Reynolds' "Foil Made in USA" claim on its...
Aluminium Corporation of China (Chalco) expressed concerns about the "relatively high" risks associated with bauxite supplies from Guinea, highlighting the nation's increasing reliance on a single source for this crucial raw material. Last year, Guinea accounted for 70 per cent of China's bauxite imports, essential for aluminium production. This heavy dependence left the company, formerly known as Chalco, significantly vulnerable to the unrest and uncertainties in Guinea. "The company's bauxite mines in Guinea are subject to supply fluctuations due to local policy changes and frequent strikes," stated Chalco. Chalco's plan for continuous supply Chalco has outlined plans to ensure a continuous supply from a single mine in Guinea while also aiming to develop additional mines in the...
Step into the future of electrical transmission with National Aluminium Company's (NALCO) groundbreaking release: AL-59, the aluminium alloy ingot poised to transform the conductor industry. This innovative product heralds a new era in efficiency and performance, perfectly timed with the Government of India's Revamped Distribution Sector Scheme (RDSS) rollout. The product's official launch took place on 28.03.2024, with Shri Sadshiv Samantray, Director (Commercial), at the helm. The event was graced by the presence of the first customer and senior officials from NALCO's esteemed Smelter & Power complex. This alloy heralds a new era, infusing conductors with bespoke characteristics that carve a distinctive niche for our esteemed company. These Alloy Conductors made from AL-59, find...
LME aluminium opened at US$2,300.50 per tonne in the previous trading day, with its high and low at US$2,340 per tonne and US$2,292 per tonne, respectively, before closing at US$2,335 per tonne, up US$32 per tonne or 1.39 per cent. On March 28, the London Metal Exchange graph marked a noticeable rise in aluminium prices, with the LME cash bid price stopping at US$2,269.50 per tonne and the LME official benchmark price settling down at US$2,270 per tonne, increasing by US$32 per tonne or 1.43 per cent. Also, the 3-month bid and 3-month offer prices increased by US$24 per tonne, or 1.05 per cent each, to close at US$2,310 per tonne and US$2,311 per tonne. The December 25 bid and offer prices gained US$28 per tonne, or 1.12 per cent, to close at US$2,520 per tonne and US$2,525 per tonne. The...
On Friday, March 29, China's A00 aluminium ingot price increased by RMB 140 per tonne to arrive at RMB 19,470 per tonne. The spot contract price is expected to be traded at a discount price of RMB 130 per tonne and RMB 90 per tonne. The average price may be between RMB 19,450 per tonne and RMB 19,490 per tonne. As per the SMM data, the price in Linyi has ascended by RMB 140 per tonne to reach RMB 19,470 per tonne. On the same day, the domestic aluminium ingot prices in Gongyi and Foshan have grown by RMB 130 per tonne, settling at RMB 19,360 per tonne and RMB 19,400 per tonne. In Tianjin and Wuxi the A00 aluminium ingot price has also recorded the same price growth to peg at RMB 19,470 per tonne and RMB 19,450 per tonne. In Hangzhou, the price has increased by RMB 120 per tonne to RMB...
The forest carbon offset project on the aerial management of forest fires implemented by RUSAL in the Krasnoyarsk region was registered in the carbon units registry of the Russian Federation. Previously, in November 2023, an independent nationally approved third-party auditor validated the project in order to ensure that the project meets all national rules and requirements for this type of carbon offset project. The implementation of the carbon-offset project is scheduled for the period up until 2033. During this period, the implementation will ensure the sequestration of several million tonnes of CO 2 equivalent. RUSAL began implementing its forest carbon offset project in 2019 when the company signed the Agreement with the Federal Forestry Service (RUSLESKHOZ) and the Government of the...
In a bid to fortify the "New Chinalco" initiative and advance materials for new energy vehicles, Chinalco Materials Application Research Institute Co., Ltd. (Chinalco Materials Institute) and Dongfeng Motor R&D Institute engaged in a significant technical exchange on March 18th. Li Xiang, the esteemed executive director of Chinalco Materials Institute, led a delegation to Dongfeng Motor R&D Institute. Both entities delved into discussions aiming to bolster their collaboration through the Chinalco-Dongfeng aluminum alloy joint laboratory. Warm reception and strategic alignment President Tan Minqiang extended a gracious welcome, stressing the importance of mutual cooperation. Reflecting on the achievements of the joint laboratory, the two parties explored avenues for further synergy,...
In a world where industries continually evolve, staying ahead of the curve is paramount. AL Circle is excited to announce its latest and highly anticipated report, "The World of Aluminium Extrusions - Industry Forecast to 2030." This comprehensive report delves deeper into the dynamics shaping the aluminium extrusion sector, offering invaluable insights for stakeholders across the globe. The report meticulously examines key trends, challenges, and opportunities that define the landscape of aluminium extrusions. From technological advancements to market dynamics, this report leaves no stone unturned in its quest to provide a holistic view of the industry's trajectory. One of the report's standout features is its forward-looking approach. By forecasting industry trends up to 2030, AL Circle...
Hindalco Industries Limited has updated its aluminium selling prices on two consecutive days this week in line with the LME aluminium benchmark price. On Wednesday, March 27, Hindalco increased its aluminium prices as the LME aluminium price rallied by 1.29 per cent over the two days to US$2,275.50 per tonne as of March 26. According to Hindalco’s price list for March 27, the company’s aluminium ingot price stood at INR 219,750 per tonne, experiencing an increase of INR 1,500 per tonne or 0.70 per cent from INR 218,250 per tonne on March 22. Hindalco’s aluminium wire rod and billet prices also saw a rise of INR 1,500 per tonne on the same day to come in at INR 231,750 per tonne and INR 233,850 per tonne, respectively, versus INR 230,250 per tonne and INR 232,350 per tonne on March 22. The...
The spot prices for Aluminium ADC12 alloy ingot (equivalent to automobile grade) witnessed a slight increase of INR 3,000 per tonne, reaching INR 211,000 per tonne W-o-W exw Delhi, excluding GST. The market reflects a somewhat tense situation in Chennai, with offers at INR 182,000 per tonne. However, actual tradable levels are within the range of INR 180,000-181,000 per tonne. Furthermore, the spot price for ADC12 in Chennai has risen to INR 214,000-215,000 per tonne exw, excluding GST, showing an uptick of INR 2,000 per tonne compared to the previous week. A notable Indian automotive company has disclosed its monthly settlement price for ADC12, elevating it by INR 5,000 per tonne to INR 212,400 per tonne for April. Market observers attribute this increase to consistently higher raw...
Capri Sun Group has unveiled a course-altering addition to its beverage packaging lineup, introducing recyclable pouches crafted from a blend of aluminium, PE, and PET materials. This innovation marks a pivotal moment in Capri Sun's sustainability journey, as it seeks to revolutionise its packaging while reducing its environmental footprint. Environmental impact and sustainability goals In line with its commitment to sustainability, Capri Sun aims to transition its entire drinks range to fully recyclable packaging. The introduction of these innovative pouches is expected to reduce CO2 emissions by 25%, surpassing the environmental benefits of traditional PET bottles. The CEO of Capri Sun Group, Roland Weening, stated: “Our new recyclable pouches will offer consumers the same convenience...
The European aluminium sector has just started adapting to the energy price shrunk due to adequate inventories and ease of power consumption restrictions. According to a report, inflation-adjusted futures prices for 2024 averaged 48 euros per megawatt hour, compared to 223 euros at the height of the crisis in August 2022. But what is still causing hurdles to the market growth is passive demand and understated buying and selling sentiments, given the ongoing inflation and economic slowdown. As a result, aluminium producers are hesitant to resume their curtailed capacity, which is evident from the lacklustre growth of primary aluminium production. In addition, various other factors are perhaps threatening the growth of the European aluminium market. Vivid view to Europe’s primary aluminium...
