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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Adbri has granted ABx Group a contract to provide 90,000 – 120,000 tonnes of bauxite to its Birkenhead, South Australia, cement plant over a period of five years starting in early 2024. According to the source, the estimated value of the contract is reported as 'conservative,' totalling US$5.4 million. The source of bauxite supply for this contract will be ABx Group's DL130 mining project, which boasts 13.7 million tonnes of bauxite reserves distributed across three deposits. Mining operations are scheduled to commence in October 2023. The initial shipment of bauxite under this contract will be priced confidentially as agreed upon by the parties involved. Mark Cooksey, the managing director and CEO of ABx Group said, “This represents a significant milestone for ABx and endorses the...
The 45-metre Gran Turismo is the latest masterpiece from ISA Yachts, a Palumbo Superyachts brand known for its marine expertise. This superyacht flawlessly combines modern nautical engineering with exquisite design while paying homage to the Ancona shipyard's rich legacy. With its aluminium superstructure, the Gran Turismo strikes an impressive mix between form and function. The nautical engineering for this astounding vessel was supervised by Palumbo Superyachts, with the exterior lines artfully designed by Enrico Gobbi and the interior space being envisaged by Luca Dini Design & Architecture, making the yacht one of a kind. The yacht's interior showcases an enticing colour palette of gold, sand and turquoise, further accentuated by natural oak floors organized in an uneven pattern. The...
The report, Compensation Disparities in Jamaica's Bauxite-Alumina Industry, by the Jamaica Environment Trust (JET) provides a comprehensive analysis, shedding light on the compensation framework within Jamaica's bauxite-alumina industry. The study reveals a range of challenges, including legislative gaps, disparities in compensation, and a pressing need for reform to address the power imbalances between companies and affected communities. Jamaica's bauxite mining and processing industry is primarily regulated by the Mining Act of 1947. While this legislation governs compensation for surface rights disturbance and property damage, it falls short in addressing health impacts and social disruptions arising from mining activities. This report synthesises the key findings from JET's 2023...
Global aluminium business has witnessed significant changes over the past few years due to COVID mayhem, political instability, geopolitical crisis, surge in energy prices, worldwide economic slowdown, and rapid advancements. These include bauxite exploration in new countries and mines, a digital transition in aluminium smelting and a shift to renewable energy sources to reduce carbon emissions, a greater emphasis on aluminium recycling, the emergence of novel applications, and, perhaps most importantly, a strong commitment to sustainability. Aluminium has emerged as one of the most preferred metals in the industry. From primary to end users, the demand for the green metal has only grown with time, making it an indisputable choice for the industry. Aluminium's rise to prominence can be...
World primary aluminium production in August 2023 witnessed a marginal rise of 0.23 per cent month-on-month to reach 6.044 million tonnes, found the International Aluminium Institute survey. In July 2023, the output was recorded at 6.03 million tonnes, up by 5 per cent from 5.743 million tonnes in June. Going by the IAI data, world primary aluminium production grew in the past two months after a fall in June by 3.02 per cent from 5.922 million tonnes in May 2023. On a year-on-year basis, world primary aluminium production in August 2023 increased by 1.58 per cent from 5.950 million tonnes. World’s total production of primary aluminium in the first eight months of 2023 amounted to 46.538 million tonnes, up by 1.66 per cent from 45.780 million tonnes during the corresponding period of the...
On September 22, Rox Motor Tech, a Chinese electric vehicle company, announced the successful completion of a fundraising round amounting to $1 billion. Shandong Weiqiao Pioneering Group, a domestic aluminium manufacturer, secured the investment for this round. Rox, established in the early months of 2021 by Chang Jing, a seasoned entrepreneur and co-founder of Roborock, a company specialising in robot hoover cleaners with support from Chinese technology giant Xiaomi, intends to utilise the amount received to build all-aluminium body cars and construct a new gigacasting die-cast technique. This recent development signifies the most recent addition to China's flourishing electric vehicle (EV) sector. The news comes in response to the recent introduction of the Polestone 01 plug-in hybrid...
AMALLOY, a patented new aluminium alloy powder created exclusively for additive manufacturing by the Technology Innovation Institute (TII), was unveiled at the AM Conclave conference in Abu Dhabi. AMALLOY is the Middle East's first metal additive manufacturing feedstock developed for laser beam powder bed fusion (PDF-LB) systems. The low-cost, high-strength aluminium alloy prints and performs very well. Compared to commercially accessible AlSi10Mg alloys, AMALLOY exhibits a 33 per cent increase in strength while maintaining its ductility. The aforementioned characteristics render the newly developed material very suitable for applications that need both lightweight properties and strong power, making it an exceptional choice. AMALLOY has a very low sensitivity to hot cracking due to its...
Vedanta Aluminium, India’s leading aluminium producer, commemorated National Engineers Day with an assurance to foster a workforce of highly skilled engineers. On the special day, Vedanta celebrated its engineers’ unwavering commitment to operational excellence, technological innovation, and shaping up India’s industrial landscape. Vedanta Aluminium, with a diverse team of engineers, including chemical, computer, civil, electrical, mining, safety, and mechanical experts, constantly strive to innovate technologies and solutions within the domestic aluminium industry. They oversee the world’s largest aluminium smelting facilities in Jharsuguda, a world-class alumina refinery in Lanjigarh, and the iconic aluminium producer BALCO in Korba, Chattisgarh, with their top-notch technical skills....
The EU's Carbon Border Adjustment Mechanism (CBAM) is poised to significantly increase the costs of steel imports from countries such as India and China. Set to be introduced next month, this carbon scheme is expected to shift its attention to other metals, including aluminium. Starting in 2026, importers of steel products derived from iron ore will be obliged to cover the carbon emissions associated with their shipments. According to consultancy Wood Mackenzie, iron and steel account for nearly 6 per cent of the EU's total emissions, amounting to approximately 2.72 tonnes of carbon dioxide equivalent annually. Projections suggest that CBAM fees could raise the cost of steel arriving at EU ports by approximately 56 percent for India and 49 per cent for China by 2034. Given that China...
According to the statistics provided by Baichuan Yingfu, in August 2023, the electrolytic aluminium industry witnessed a capacity expansion of 47.2490 million tonnes, with a construction capacity of 42.799 million tonnes. The operating rate during this period was recorded at 90.58 per cent. China's primary aluminium production reached 3.6037 million tonnes, and the cumulative primary aluminium production from January to August amounted to 27.1104 million tonnes, reflecting a 2.62 per cent increase compared to the corresponding period last year. In early August, the Sichuan area saw a modest reduction in production capacity owing to the Universiade and power rationing. However, it is essential to note that the effect on production capacity was limited. Regarding the resumption of...
LME aluminium opened at US$2,222 per tonne last Friday and hit a high of US$2,250.5 per tonne before closing at US$2,250.5 per tonne, an increase of US$28.5 per tonne or 1.29 per cent. One of the main reasons for the price hike can be attributed to Indonesia's potential export ban on bauxite, which was supposed to go into effect on June 10 but is still likely to be enacted or postponed, constraining future supply. Furthermore, China, the world's largest consumer, has implemented many economic stimulus initiatives, bolstering spot market activity and downstream buyer demand for stock replenishment. The low inventory and electrolytic aluminium facilities maintaining low ingot casting output made the spot aluminium ingot supply unlikely to rise much in the short term and continued to sustain...
The world leader and innovator in producing raw materials critical to users of carbon products worldwide, including the aluminium sector, stated that the aluminium smelters could only meet their emissions targets with costly technological measures to deal with carbon anode emissions. Governments must incentivize such investments by putting a carbon price to encourage such investments. In a recent case study presented by Rain Carbon at a Global Coke and Carbon Conference in Seattle, Washington, it was revealed that carbon supply chain and emissions related to carbon processes accounted for over 50 per cent of the total emissions generated by a low-carbon aluminium smelter. Maia Hunt, the Technical Services Director of Rain Carbon, said, "Achieving net zero for primary aluminium will not be...
The primary aluminium sector has seen incredible activities this week, with the EU considering imposing surcharges on some imported products, which has caused concern from China. The EU's Carbon Border Adjustment Mechanism aims to protect European firms against cheap imports that do not follow environmental norms. However, this has raised problems, particularly in China, as it may result in price increases for China's major exports to the EU. China is advocating for collective discussions and international cooperation in accordance with WTO standards to address the issues posed by climate change. European industrial aluminium clients are facing a delay in supplying smelters for new contracts in 2024. The delay is caused by concerns about exceeding purchase requirements, as the demand for...
The fully integrated global solutions provider in the heat treatment market, Nitrex, announced they have renewed and expanded their heat-treating focused joint marketing agreement with Linde, a leading global industrial gases and engineering company. However, it started as a local agreement 13 years ago between Nitrex and Linde, between Nitrex/UPC-Marathon and Linde (formerly known as Praxair). It has evolved into an international marketing agreement covering Europe and North America. The Montreal, Canada-born Nitrex collaborated with Linde on more than 30 projects to enhance vital equipment and enable customers to attain superior outcomes. Nitrex contributes expertise in heat treatment and electrical fields, technical solutions, support, and top-tier gas panels, empowering Linde...
This week, the downstream aluminium sector has witnessed exciting movements, with Guangdong Fenglu Aluminium Co., Ltd. making progress on their aluminium and metal processing project in Xinxing County. All seven bidding sections of the first phase have achieved their construction milestones, and the second phase is expected to begin construction in October. The first phase is scheduled to start in August 2024, with full completion and operation anticipated by December 2025. These advancements will boost the city's industrial economy significantly. Lizhong Sitong Light Alloys Group has secured a new contract to supply its lightweight aluminium alloy wheels to a major new energy vehicle manufacturer. The contract is expected to bring in approximately US$9.3 million in sales revenue. A...
Rimowa, the luxury luggage manufacturer based in Cologne, has collaborated with Tiffany & Co. on a special three-piece series in the famous Robin Egg Blue color. The series features Rimowa's signature aluminium design with a special "Rock Cut" pattern that mimics the surface of a diamond. The collaboration includes a cabin suitcase, a vanity-cum-jewellery case, and a smaller jewellery case made of polycarbonate. Tiffany & Co. has a history of successful luxury partnerships, including limited art pieces with American contemporary artist Daniel Arsham and special designs like the diamond-titanium "Crown of Thorns" for Kendrick Lamar's performances. Rimowa has also had successful collaborations with partners such as Moncler and Porsche. The new Rimowa and Tiffany & Co. collaboration is...
Alumex PLC, a leading aluminium brand in Sri Lanka, has joined forces with the Mechanical Engineering Department of the University of Moratuwa to support the creation of Sri Lanka's first formula electric car. Alumex has played a crucial role as the material sponsor for the project, known as the FalconE Racing, which has employed the latest cutting-edge techniques and top-grade ALUMEX materials to achieve remarkable results. The team behind this achievement, Team Falcon Racing, has been able to reduce the weight of the car while improving its strength, thanks to the superlative quality of Alumex's aluminium extrusions. It is heartening to see Alumex's commitment to Environmental, Social, and Governance (ESG) principles shining through in this project. By supporting the creation of a...
Cradlepoint, a Boise, Idaho-based technology company, has released a new outdoor Cradlepoint W1855-5GC Wideband Adapter. The W1855, which joins Cradlepoint's 5G portfolio, is intended to help organisations future-proof connectivity investments as they embrace Standalone (SA) 5G networks and commit to higher sustainability targets. Compared to its previously launched models, the W1855-5GC Wideband Adapter is 78 per cent smaller and 74 per cent lighter, reinforced by the aluminium housing, promoting the company's dedication to utilising environmentally produced and repurposed materials. Furthermore, the item is safely wrapped with 84 per cent less packaging that is 100 per cent plastic-free. "In addition to continuing to adhere to the latest 5G technology standards, Cradlepoint is also...
