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 September 23, 2023, the secretary of the Ministry of National Development and Planning, Indonesia, visited the Chinese industrial investment project Nanshan Bintan Alumina Co., Ltd. to strengthen government-enterprise cooperation and exchanges as well as promote the development of the Karangbatang Special Economic Zone. Nanshan Indonesia Bintan Alumina Co., Ltd. warmly welcomed the secretary and his delegation, expressing gratitude to the Indonesian National Development Planning Department and various government departments for their sustained interest and support. They provided a comprehensive overview of the current development status, future growth trajectory, development priorities, and the industrial layout within the Special Zone. Subsequently, the secretary and his team were...
As the world moves towards a greener future, sustainable drives are increasing by the passing hour. The Can Manufacturers Institute (CMI) has recently implemented a financing model to support a robot at one of its material recovery facilities (MRF) located in California, owned by Caglia Environmental. The robot, designed by EverestLabs, utilizes advanced artificial intelligence and robotics to sort single-stream recyclables and is expected to capture over 1 million used beverage cans (UBCs) annually. Taha International Company for Industrial Services has partnered with Ta'ziz Trading and Consulting Company to market Taha's processed aluminium by-products in Gulf and international markets. The collaboration aims to promote environmentally sustainable practices and technology to reduce...
The Beijing Hyde International Certification Co., Ltd. audit team recently completed the first supervision and audit of the Longxi aluminium foil quality/environment/occupational health and safety management system since its recertification. The audit of Longxi aluminium foil was conducted under the supervision and guidance of Teacher Yang Li, who served as the leader of the audit team. The audit team adhered to the rigorous standards outlined in GB/T19001-2016, GB/T24001-2016, and GB/T45001-2020. The audit process involved document reviews, record reviews, on-site observations, and inquiries. The audit encompasses various processes such as production management, environmental safety management, comprehensive management, procurement and sales management. Additionally, the audit team has...
Founded in 1963 in Viganò, Italy, FIMI Group ranks among the top three companies in the world for the design, construction and commissioning of complete plants and machines for ferrous and non-ferrous coil processing, performing in total autonomy thanks to the quality and completeness of its products and services. FIMI’s success speaks for itself: more than 1500 plants have been installed worldwide, and many of these, installed in the 1970s, are still working successfully. More: the machines for levelling and cutting steel up to 25.4 mm thick and 2.800 mm wide have repeatedly demonstrated results beyond comparison. Composed of 3 divisions (Machinery, Service and Automation), 8 sites (4 Italian and 4 foreign - China, India, Switzerland, and Germany), and 200 employees, during the years, it...
Indian aluminium players have increased their aluminium selling price this week in tandem with the LME aluminium growth trend. Vedanta has increased its aluminium ingot and aluminium products prices twice this week, while Hindalco once so far. On Friday, September 29, Vedanta expanded its aluminium ingot price by INR 3,500 per tonne or 1.5 per cent, bringing it to INR 217,000-231,000 per tonne. Vedanta’s aluminium wire rod and billet prices also saw a rise of the same amount to stand at INR 225,500-233,000 per tonne and INR 226,000 per tonne, respectively, as of September 29. On Saturday, September 30, Vedanta’s aluminium ingot price skyrocketed by INR 6,500 per tonne or 3 per cent to range between INR 223,500-243,500 per tonne. The company’s aluminium wire rod price and aluminium billet...
This week, the end user segment has seen exciting advancements. Ball Corporation, a renowned provider of sustainable aluminium packaging, recently released insights on the incredible impact of their exclusive printing technology, Eyeris®. This technology is designed to offer exceptional visual appeal to aluminium cans and impact extruded bottles, which aligns perfectly with the current trend of eco-friendly packaging, as consumers demand. A group of talented students at IIT Madras have created a groundbreaking project called 'Avishkar Hyperloop,' which proposes a high-speed transportation system that involves a passenger pod travelling through a vacuum tube. The latest prototype, Garuda 6.0, features an integrated aluminium honeycomb and carbon fibre chassis, making it lighter and more...
The first direct train transporting aluminium products left Zhaotong Station in Yunnan Province on September 21, heading for Xiaotang Station in Guangdong Province. The 30 groups of aluminium items on board totalled an astonishing 1,650 tonnes, marking Yunnan Aluminium Logistics' first "point-to-point" direct train of aluminium products this year. Shyam Metalics and Energy Limited, a well-known integrated metal manufacturer, has made a substantial entry into the energy storage sector with their battery-grade aluminium foil, a critical component in lithium-ion cells. Sumitomo Metal Mining of Japan said on September 26 that it is ready to invest 16.9 million Canadian dollars (US$12.5 million) in Nano One Materials, a known Canadian battery material provider, to improve the entire technology...
Recycap Technologies, an innovative Valencia-based firm that specializes in coffee capsule recycling since its establishment in 2022, proudly announced securing an additional €155,000 in funding from the esteemed National Innovation Company, S.A (ENISA) and Veos Ventures S.L. The investment will be channelled towards accelerating the production of their state-of-the-art REACT coffee capsule devices, the REACT-H and REACT-S. Recycap Technologies has developed an innovative solution to address the environmental issue related to coffee capsules. The Recycap Automated Coffee Technology (REACT™) system is a user-friendly device enabling consumers to easily recycle plastic and aluminium coffee capsules. Once the capsules are emptied using REACT™, they can be disposed of in regular recycling...
The LME aluminium benchmark price flaunted a steady growth this week after a drop on the first day. Both LME aluminium cash bid price and LME aluminium official settlement price decreased by 0.77 per cent on Monday, September 25, to stand at US$2,182 per tonne and US$2,182.50 per tonne. On September 26, the prices picked up by US$12 per tonne and US$12.50 per tonne, bringing the LME aluminium cash bid price to US$2,194 per tonne and the LME aluminium official settlement price to US$2,195 per tonne. On September 27, the prices inched up by US$1 per tonne to US$2,195 per tonne and US$2,196 per tonne. The prices continued to grow the next day by US$36.50 per tonne and US$36 per tonne to peg at US$2,231.50 per tonne and US$2,232 per tonne, respectively. On Friday, LME aluminium cash bid price...
Scientists at the Ural Federal University have introduced a ground-breaking modification to the Bayer technology, significantly enhancing the efficiency of aluminium oxide (alumina) extraction from bauxite, the primary raw material for aluminium production. In traditional processing, alumina extraction rates typically reached 80-85 per cent. However, this innovative approach now permits the extraction of 95-98 per cent of alumina from bauxite while simultaneously reducing the generation of red mud, a byproduct of bauxite processing, contributing to sustainable and environmentally friendly production. According to Andrei Shoppert, Associate Professor at the Department of Non-Ferrous Metallurgy at UrFU, "For every tonne of bauxite, the standard Bayer process produces 0.7 to 1 tonne of red...
Epsilon Carbon Pvt. Ltd., a significant leader in India's speciality carbon product manufacturing sector, unlocked a critical milestone. They were thrilled to be the first Indian company to export liquid coal tar pitch, with an initial shipment of 8,000 tonnes sailing from Mangalore port. The EU's Carbon Border Adjustment Mechanism (CBAM) is set to considerably raise the cost of steel imports from India and China. This carbon system, set to be implemented next month, is expected to move its focus to other metals, including aluminium. Chinalco Group, a well-known operator in the aluminium industry, has played a critical role in establishing several national standards for aluminium alloys. The General Administration of Market Supervision and the National Standards Committee recently...
Talented students at the esteemed Indian Institute of Technology (IIT) Madras have sparked renewed enthusiasm for cutting-edge, high-speed transportation in India. Their groundbreaking project, 'Avishkar Hyperloop,' challenges traditional notions of inter-city travel by proposing a passenger pod that whisks through a vacuum tube at breathtaking speeds. The latest prototype, Garuda 6.0, boasts an integrated aluminium honeycomb and carbon fibre chassis. The concept, born from Elon Musk's mind, is now being realised in India. The project gained even more attention when the Finance Minister, Nirmala Sitharaman, praised the young minds for their massive achievements on X (formerly known as Twitter). "Congratulations! Interesting. Wishing you all success in your future endeavours too," her...
In a landscape filled with extravagant products and services for social humans, even the little canine companions are not left behind. DOG by Dr Lisa, a premium domestic pet skincare brand, has launched its two new products for opulent skincare dogs, especially designed and packaged in recyclable and reusable aluminium tubes. DOG, by Dr Lisa, stands as a distinguishable brand when talking about the lifestyle and skincare of pet animals. Within a short time, the brand made a notable contribution to this territory by introducing eco-conscious, biodegradable, and vegan products. The business has unveiled a Soothing Balm and a Coat Masque in the U.S., considering the requirements and preferences of our canine teethed animals. These medications are ideal for treating coat dryness or skin...
In 2021, the total primary aluminium produced in Western and Central Europe registered 3.329 million tonnes, while in 2022, it was 2.913 million tonnes, down 416,000 tonnes or 12.49 per cent Year-on-Year. Western and Central Europe amounted to 4.22 per cent of the total world aluminium production in 2022. As per the International Aluminium Institute (IAI) data, the world's primary aluminium production stood at 67.092 million tonnes in 2021, which heightened by 1.946 million tonnes or 2.9 per cent to arrive at 69.038 million tonnes in 2022. In H1 2023, world aluminium production officiated at 34.464 million tonnes, which is almost 50 per cent of the annual production in 2022. This means if the acceleration continues, by the end of this year, last year's milestone will be achieved. On the...
Lumi, an American food and beverage packaging firm, has announced the completion of its initial investment round to pursue its objective to prevent single-use plastic pollution. Various investors participated in this financing round, including Innovent Group, Hydra Group, and Responsibly Fund. The profits from this round will be used to begin full-scale manufacture of LumiCup, a lightweight and infinitely recyclable aluminium cup. Lumi will benefit from the investment even more as it expands its marketing and sales skills by enhancing brand visibility and strengthening client acquisition efforts. Another significant need for the company is to develop an inventory and increase output to meet large orders. "We started Lumi in 2021 with a singular vision: to challenge the status quo in...
The Pittsburgh, Pennsylvania, headquartered Howmet Aerospace Inc. has revealed that its Board of Directors has chosen Gunner Smith, currently holding the position of President - Roofing at Owens Corning, to assume the role of an independent director on the Board, starting from September 29, 2023. Howmet Aerospace Inc. is a leading global provider of advanced engineered solutions for the aerospace and transportation industries. The Company's primary businesses focus on jet engine components, aerospace fastening systems, airframe structural components necessary for mission-critical performance and efficiency in aerospace and defence applications, and forged aluminium wheels for commercial transportation. John C. Plant, the Executive Chairman and Chief Executive Officer, said, "Gunner brings...
According to the Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO), aluminium ingot production in Iran during the first five months of the Iranian calendar year (March 21-August 22) amounted to 267,983 tonnes, reflecting a drop of 3,243 tonnes or 1.20 per cent from 271,226 tonnes a year ago. South Aluminum Corporation (SALCO), Iran's one of the four major primary aluminium producers, delivered the best performance, producing 119,886 tonnes of aluminium ingots during the said period. Iranian Aluminum Company (IRALCO) produced 71,984 tonnes, followed by Almahdi Aluminum Company 60,778 tonnes, and Iran Alumina Company 15,335 tonnes of ingots. IMIDRO previously published that aluminium ingot production in Iran during the previous year ended March 20 stood at...
On September 28, 2023, according to trade data released by the Ministry of Finance, Japan stated that the country's August imports of primary aluminium declined by 16 per cent compared to the previous year, totalling 95,630 tonnes. This marks a cumulative decrease of 30 per cent for the year. As reported by traders and aluminium manufacturers, Asia's largest importer of the lightweight metal used in transportation, construction, and packaging has experienced a significant decrease. This decline can be attributed to slow demand within the domestic construction sector and a lacklustre performance in export markets. The Japanese imports of primary aluminium ingots for the period from January to August totalled 711,627 tonnes, marking a 30 per cent decrease compared to the previous year. A...
