ECV International is pleased to announce that the 4th European Green Aluminium Summit 2026 will take place on November 18–19, 2026, in Frankfurt, Germany. The summit will bring together over 100 senior decision-makers from across the aluminium value chain to address the industry’s most pressing challenges and opportunities in the transition to a low-carbon future. As Europe accelerates its path toward climate neutrality by 2050, the aluminium sector faces mounting pressure from the EU’s Fit-for-55 framework, the Carbon Border Adjustment Mechanism (CBAM), volatile energy markets, and tightening sustainability requirements. At the same time, aluminium remains indispensable for decarbonising mobility, packaging, construction, and aerospace, thanks to its lightweight properties and infinite...
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...
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According to the latest statistics, China's imports of Russian aluminium have surged. China's Customs Bureau has reported that Russian imports rose to 277,000t in the first two months of this year. That represents almost 60% of all the metal imported by China in that period. Indonesia and India were the other two major suppliers of primary metal to the Middle Kingdom. China imports metal despite being the world's largest producer. There are some grades of metal that China doesn't produce; for instance, some special high-purity products are often referred to as 5N or 6N products. The N represents the number of decimal places of purity guaranteed, so 99.99999 or 99.999999 per cent purity. China also imports metal to circumvent local VAT requirements. For instance, if you are an Indian car...
The price of primary aluminium in China is slowly adding strength. The spot price rose from RMB18950/t on March 1 to RMB19250/t today. Meanwhile, the main index price was RMB18965/t on March 1, but it closed today at RMB19455/t. These rises come despite Russian metal continuing to enter the market and despite the news that some capacity in Yunnan province will restart. We are entering the golden period for metal demand, with Q2 historically the peak for consumption. It also helps that the US FED has predicted that interest rates will eventually fall. Other metals, such as copper, are showing similar moves. Will it last? It's hard to call. If Europe bans Russian metal, that would increase the amount that China is receiving. China doesn't need any further increases in supply. The summer...
Quaker Houghton, the leading global supplier of industrial process fluids, will showcase its comprehensive range of rod rolling fluids and wire drawing lubricants at the Wire 2024 trade fair in Düsseldorf, Germany, from April 15-19. The company will highlight the latest advancements in its flagship wire drawing range, HOUGHTO-DRAW® WD, including products based on micro-emulsion and synthetic technologies for improved stability and cleanliness. These solutions provide wire drawers the means to meet the demanding requirements of modern wire applications, supporting the development and scale-up of electrification and clean energy distribution. During the event, Quaker Houghton will host a networking session to bring together industry leaders to discuss key topics and the latest developments...
On March 25, Golden Aluminum was selected by the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations to begin award negotiations for up to $22.3 million in Infrastructure Investment and Jobs Act and Inflation Reduction Act funding as part of the Industrial Demonstrations Program (IDP). Golden Aluminum’s Nexcast - Next-Generation Aluminum Mini Mill was selected as one of 33 projects across more than 20 states to receive up to a total of $6.3 billion to demonstrate commercial-scale decarbonisation solutions needed to move energy-intensive industries toward net-zero while strengthening local economies, creating, and maintaining high-quality jobs, and slashing harmful emissions that jeopardize public health. “For nearly half a century, Golden Aluminum has been proud to lead...
China Aluminum Tank announced that for the year ended December 31, 2023, the Group achieved a total turnover of approximately HK$236 million, marking a modest increase of around 11.9 per cent from the same period in 2022. Throughout this reporting period, the Group's net profit reached approximately HK$21.9 million, reflecting a growth of about 4.9 per cent from the corresponding period in 2022. The net interest rate for this reporting period stood at about 9.3 per cent (compared to approximately 9.9 per cent in 2022). Earnings per share attributable to ordinary equity holders of the parent company amounted to 2.4 Hong Kong cents. The rise in revenue primarily resulted from the easing of domestic COVID-19 control measures and enhancements in the overall business environment, which...
According to a report on Monday, March 25, the aluminium industry in Yunnan province has encountered a significant hit due to dry weather, resulting in production cuts. China’s Yunnan province is otherwise known for its hydropower generation and supply. Beijing Capital Futures released a report this month stating that a power shortage enforced restrictions on electricity consumption since November 2023, when the dry season started, causing aluminium companies to gradually cut production. By the end of February, the report showed that local aluminium production had been reduced by about 400,000 tonnes. On Friday, March 22, the Ministry of Water Resources initiated a Level IV emergency in response to drought in Yunnan and Sichuan provinces. Some aluminium companies in Yunnan are resuming...
A tragic explosion at Juei Feng Aluminium Co., Ltd.'s plant in Kaohsiung on Saturday morning resulted in the loss of two Thai workers' lives, with six others sustaining injuries. The Kaohsiung City Fire Department officials reported that among the eight workers injured, one sadly passed away in the hospital, while another worker was found deceased at the site. About the victims The Ministry of Public Health of Thailand, represented by Cholnan Srikaew, later confirmed that the victims were two Thai nationals: a 37-year-old man from Maha Sarakham province and a 46-year-old man from Chaiyaphum province. Additionally, a 31-year-old Thai man from Bangkok sustained severe injuries and underwent surgery at a Taiwanese hospital. Thankfully, he is now in stable condition. Suspension of operation...
On March 20, 2024, Constellium announced the release of its 2023 Sustainability Report. This report highlights Constellium's steadfast dedication to shaping a sustainable and circular future and showcases the company's initiatives in various areas of sustainability. "Constellium has continued to make strides in its sustainability journey despite a challenging environment and the continued impact of the energy crisis in Europe", said Jean-Marc Germain, CEO of Constellium. "Our 2023 safety results remain among the best in any industry, and we are making good progress on our diversity and inclusion target to increase the representation of women in our company. While our greenhouse gas emissions intensity performance in 2023 was behind our expectations, we remain on track to achieve our...
Venu Srinivasan's family members entered a non-compete agreement to protect the TVS brand across different business segments, including two-wheelers, auto after-market, and tractors. Venu Srinivasan, an Indian industrialist, is the esteemed Chairman Emeritus at TVS Motor Company, a global leader in producing two-wheelers, and Sundaram-Clayton Limited, a prominent manufacturer of automotive components in India. On March 21, 2024, an agreement known as a memorandum of understanding (MoU) was signed by Venu Srinivasan, alongside his wife, the prominent business leader Mallika Srinivasan, as well as their children Lakshmi Venu and Sudarshan Venu. Sudarshan Venu, the Managing Director of TVS Motor, has committed to refraining from utilising the TVS trademark in the production and distribution...
On Monday, March 25, China’s A00 aluminium ingot price has grown by RMB 40 per tonne to settle at RMB 19,340 per tonne, with the spot contract price expected to be traded at a discount price of RMB 100 to RMB 60 per tonne. As per the data, the average prices may hover between RMB 19,320 per tonne and RMB 19,360 per tonne. As per the SMM data, the price in Linyi has grown by RMB 45 per tonne to settle at RMB 19,300 per tonne. On the same day, the A00 aluminium ingot prices in Wuxi and Hangzhou have hiked by RMB 40 per tonne to arrive at RMB 19,320 per tonne. In Gongyi, Foshan and Tianjin, the domestic aluminium ingot prices have ascended by RMB 30 per tonne to clock at RMB 19,230 per tonne, RMB 19,300 per tonne and RMB 19,290 per tonne. In Chongqing and Shenyang, the price has increased by...
According to the International Aluminium Institute survey, primary aluminium production in the Gulf Cooperation Council plunged by 37,000 tonnes or 6.95 per cent month-on-month, standing at 495,000 tonnes in February 2024 (29 calendar days). The fall in Gulf primary aluminium production led to a decline in the monthly global output. In February, the world primary aluminium production stood at 5.54 million tonnes, down by 8.58 per cent from 6.06 million tonnes. However, on a year-on-year basis, primary aluminium production in the Gulf Cooperation Council stood 2.91 per cent higher than 481,000 tonnes. The combined production in the first two months was 1.03 million tonnes, which also registered a year-on-year increase of 2.39 per cent from 1.006 million tonnes. But looking at the daily...
LME aluminum opened at US$2,310 per tonne in the previous trading day, with high and low at US$2,312.50 per tonne and US$2,281 per tonne, respectively, before closing at $2,309 per tonne, unchanged from the previous trading day. On Friday, March 22, LME aluminium cash bid price and LME aluminium official settlement price shed off US$17 per tonne and US$17.50 per tonne, respectively, following a jump to an eleven-week high due to rising buying interest in China. With the latest decline, the prices derived at US$2,246 per tonne and US$2,246.50 per tonne. Even after the fall, the LME aluminium benchmark price stood week-on-week high by 1 per cent from US$2,224.50. On the same day, 3-month bid price and 3-month offer price decreased by US$17 per tonne to close the week at US$2,294.50 per...
On March 24, 2024, Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), suggested that China could experience significantly accelerated growth by implementing a comprehensive set of pro-market reforms compared to maintaining the current status quo. In an address to the China Development Forum, Georgiaeva emphasised the importance of improving the property sector, reducing debt risks, and concentrating on domestic consumption. She said, “This additional growth would amount to a 20 per cent expansion of the real economy over the next 15 years. In today’s terms, that is like adding $3.5 trillion to the Chinese economy.” She suggested that taking decisive measures to decrease the inventory of incomplete housing and allowing more room for market-driven...
The Indian multinational mining and metal company Vedanta Ltd, spearheaded by billionaire Anil Agarwal, has unveiled an ambitious investment strategy, earmarking a colossal $6 billion across diverse business sectors. This strategic initiative is poised to augment the company's annual EBITDA by a minimum of $2.5 billion, propelling it towards significant expansion and enhanced value generation in the foreseeable future. Pipeline of investment opportunities During an investor meeting, Vedanta executives revealed an extensive investment pipeline consisting of more than 50 active projects and expansions spanning various sectors such as aluminium, zinc, iron ore, steel, and oil and gas. These endeavours are forecasted to yield additional revenue surpassing $6 billion, boosting the company's...
White & Case, a leading global law firm, provided legal counsel to Emirates Global Aluminium (EGA), a premium aluminium producer, in its acquisition of Leichtmetall Aluminium Gießerei Hannover GmbH (Leichtmetall), a German aluminium recycling company. EGA is set to acquire a 100 per cent stake in Leichtmetall from Leichtmetall Holding GmbH, an entity under the management of Quantum Capital Partners GmbH, an investment fund. Pending regulatory clearances, the transaction is anticipated to be completed in the first half of 2024. Located in Hanover, Leichtmetall specialises in producing high-quality aluminium , predominantly sourced from recycled materials. Employing electric smelting technology, the company melts secondary aluminium using energy derived entirely from renewable sources....
In this week's developments, the aluminium industry continues its journey towards sustainability and innovation, embracing eco-friendly practices and circular economy principles. Amazon's strategic investment in Glacier, a pioneering AI sorting technology, underscores a pivotal step towards efficient resource utilisation and waste reduction. Concurrently, Novelis's ambitious rail infrastructure upgrade in Scriba, New York, funded by the County of Oswego Industrial Development Agency, signals a commitment to greener operations and enhanced logistical efficiency. EGA's acquisition of Leichtmetall, a German recycling firm, further exemplifies the industry's concerted efforts towards sustainable growth and reduced environmental footprint. These transformative initiatives collectively...
Shyam Metalics & Energy Limited, an Indian metal producer based in Kolkata, West Bengal, has reportedly intended to invest in a greenfield project centred on producing aluminium flat-rolled products. As per the report on Monday, March 18, Hydro Extrusions inked a deal to offload its fabrication unit in Kaunas, Lithuania, to VE Invest UAB. The Kaunas plant, a fabrication unit for Hydro's extrusion facilities in Sweden and Denmark, boasts around 170 employees. Capral Aluminium, Australia's leading manufacturer and distributor of aluminium extrusions, has revealed a strategic acquisition to strengthen its market position. Under the guidance of CEO Tony Dragicevich, the company has purchased Aluminium Trade Centre (ATC), a renowned aluminium sales and distribution business in Victoria. Shyam...
In a commendable move to concretise economic prospects, the Mississippi Development Authority unveiled plans for Owl's Head Alloys to establish its operations in Clay County. This strategic initiative, backed by a substantial $29.245 million investment, is poised to usher in a new era of growth, creating 68 employment opportunities within the region. MDA Executive Director Bill Cork, in his own words: "This is precisely the kind of development that can offer economic stability and future investment opportunities for years to come. MDA is excited to welcome this new venture to Mississippi, and we look forward to the many benefits it will bring to Clay County's thriving economy." Corporate commitment and community growth Owl's Head Alloys, headquartered in Bowling Green, Kentucky, emerges...
