Hydro and CHANEL Fragrance and Beauty have signed a strategic partnership to accelerate the development of low-carbon aluminium for the beauty and fragrance industry. The agreement sets out a shared roadmap between 2026 and 2030 to develop low-carbon aluminium for fragrance, makeup, and skincare packaging. As global demand for aluminium continues to grow and the material takes on increasing strategic importance, the cosmetics sector is emerging as a powerful driver of innovation in responsible sourcing. Although it accounts for only a limited share of global aluminium volumes, the luxury beauty sector sets high standards for quality, design, and traceability, standards that will help raise the bar across the entire value chain and encourage innovation. Under the agreement, the partners...
Russia-based aluminium producer RUSAL is exploring a potential sale of its Windalco bauxite and alumina operations in Jamaica, signalling a possible reshaping of its Caribbean footprint. The reported move also extends to its bauxite interests in Guyana, although both potential transactions remain at an early stage and may not ultimately proceed. Windalco becomes part of RUSAL’s potential asset reshuffle Windalco comprises the Ewarton alumina refinery in St Catherine, bauxite mines and the Port Esquivel shipping terminal. According to RUSAL’s 2025 annual report, the Jamaican operation produced 1.565 million tonnes of bauxite and 396,000 tonnes of alumina in 2025. The alumina output represented less than 6 per cent of RUSAL’s total alumina production of 6.858 million tonnes during the year....
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Hydro’s Head of aluminium plants, Ola Sæter has described how the aluminium giant is planning to curtail unnecessary operational expenditures through the instalment of sensor-based LED lighting systems in its smelters. These latest energy efficiency measures might save up to 90% of energy costs making Hydro’s journey toward sustainability more profound. Ola Sæter, remarked: "Efficient energy use is very important for our competitiveness. With new technology and solutions within energy efficiency, we see it is possible to cut even more of the electricity consumption in the smelters. This reduces the need for power and gives an environmental benefit both for Hydro and for Norway.” The implementation of new energy efficiency measures will occur in a phased approach. Initially, the smelters...
Colt Bud Light is back in time for this season’s NFL campaign with specially illustrated aluminium cans and bottles. Indianapolis Colts Bud Light cans are available storewide in the US and have been personalised with NFL team logos and player posters. The Colts are among the 23 spectacular teams participating in 2023’s NFL league. The aluminium cans have a bright blue shade with player effigies and individual team logos, as Bud Light has been an NFL sponsor since 2019 when they did their special can promotion. We have seen fair examples of sustainable approaches throughout sports complexes in the past, but this limited edition module comes with a QR code that can be scanned for particular redeemable offers like NFL Sunday Ticket from YouTube and YouTube TV and e-gift cards for NFL...
The aluminium industry is energy-intensive, which results in a considerable amount of carbon emissions along the production value chain. Sustainable practices can help reduce its carbon footprint and contribute to global efforts that address climate change. The fundamental programme in the aluminium industry is bauxite mining, as it is the raw ore required in the production of alumina from which aluminium is extracted. Bauxite mining can cause habitat destruction and biodiversity loss, but sustainable practices aim to mitigate these environmental impacts. According to the International Energy Agency (IEA), global energy-related CO2 emissions reached a new high of over 36.8 billion tonnes in 2022, with a growth rate of 0.9 per cent or 321 million tonnes. This growth rate was significantly...
Africa's leading packaging company, Nampak, has been entitled to formal approval regarding the R1 billion rights offer circular, which is to be tentatively posted on Monday, September 4. The prevailing subscription price of R175 per share displays a discount of approximately 23.49 per cent compared with the 30-day volume-weighted average trading price of Nampak's usual shares until the business closed on August 30. The company shared: "Nampak has received commitments from certain of its major shareholders to follow their rights in terms of the rights offer and subscribe for rights offer shares to the value of approximately R500 million." "Nampak has furthermore received commitments from Coronation Asset Management up to a maximum of R300 million, A2 Investment Partners up to a maximum of...
The Australian mining and exploration company Metro Mining Limited has announced that in the six months ending 30 June 2023 (‘H1 2023’), it achieved a record in H1 shipments. The strategies implemented during 2022 aimed at reducing unit costs and improving its resilience are now being realised by the Company, and this is reflected by a $12.7 million year-on-year improvement in the financial performance with a net loss of $16.7 million (H1 2022: $29.4 million net loss). The H1 2023 results include a quarter in which, as expected, there were no shipments due to the annual wet season (January – March). The Company ended the period with $20.2 million in cash and equivalents. The Bauxite Hills Mine in North Queensland has officially reached its final investment decision to expand its capacity...
Technip Energies, a renowned French engineering and technology firm, has successfully obtained a front-end engineering design contract to construct an alumina refinery in Guinea, West Africa. The nation is one of the leading producers of bauxite in the world. However, in this case, the contract was awarded by French speciality alumina producer Alteo Alumina. The proposed facility is designed to manufacture alumina products vital for producing key components required for the energy transition, such as electric vehicles and batteries. The project includes the development of a port, a power generation plant, various process units, utility infrastructure, and a designated area for disposing of bauxite residue. After its accomplishment, the refinery will provide smelter-grade alumina and...
Emirates Global Aluminium expects aluminium prices to grow in line with the demand gains. It also projects its 2023 sales volume to remain steady even though the metal prices are on a downward trend. CEO Abdulnasser Bin Kalban said in an interview on Thursday, August 31, that EGA’s sales volume usually looms higher in the second half of a year. He also noted that the company now focuses on curbing expenses to bolster margins, as part of a preparation for when the owners decide to hold the IPO . Aluminium prices reached record lows in the wake of the Ukraine-Russia conflict last year, further contributed by shifting trade flows and interrupted energy supply. Ever since, the prices on the London Metal Exchange declined, so much so that it is now trading about 6.5 per cent lower this year....
Pelican Crossing residents, a Gonzales neighbourhood, have been struggling with a persistent problem for the past four years: red dust, identified as bauxite, continuously blankets their homes and surroundings. This issue stems from the former Lalumina Burnside Refinery site and has significantly impacted the quality of life for the local community. The red dust issue has become increasingly problematic due to dry weather conditions, causing it to spread further and affecting homes, yards, and vehicles. Residents have expressed their frustration, noting that dust infiltrates garages and patios and necessitates frequent cleaning. In addition, it poses safety hazards, including reduced visibility when it covers the roads and school closures when it drifts towards educational institutions....
Despite Germany's difficult economic position, supplies of aluminium tubes and aluminium aerosol cans increased in the first half of 2023, according to Aluminium Deutschland (AD). Aluminium tubes saw a 4.4 per cent year-on-year (Y-o-Y) growth due to ongoing high demand from the pharmaceutical industry and consistent expansion in the cosmetics and food industries. Overall, about 424 million pieces of aluminium tubes were delivered to the German market. Regarding aluminium aerosol cans, the two main market groups, deodorants and hair care products, grew significantly over the previous year. This resulted in a 9.5 per cent rise in aluminium aerosol can exports, totalling 309 million units. The association's chairman, Clemens Behrenbruch, said, "It is becoming increasingly difficult to...
According to the data from the "Overview of Production and Shipments of Rolled Aluminium Products" provided by the Japan Aluminium Association, the shipment of rolled aluminium products in July witnessed a year-on-year decline of 5.1 per cent, totalling 145,429 tonnes. Concurrently, production also experienced a 5.6 per cent year-on-year decrease, reaching 147,351 tonnes. Although there was a rise in sales for automotive applications and plate extrusion, sales remained sluggish for can stock, construction, semiconductor manufacturing equipment, and exports. While dissecting the data based on product categories, it observed a 6.0 per cent decrease in plate shipments, totalling 89,220 tonnes. Domestic demand showed a marginal dip to 79,283 tonnes (-0.6 per cent), primarily due to slower...
According to the Marubeni Corp report on Friday, September 1, aluminium stocks dropped across Japan in July 2023 by 1.9 per cent month-on-month. At the three major Japanese ports - Yokohama, Nagoya, and Osaka- aluminium stocks reached 350,600 tonnes at the end of July compared to 357,490 tonnes in the previous month. In June, the stocks grew nearly by 1 per cent from 354,000 tonnes in the prior month, according to Marubeni Corp. On a year-on-year basis, Japanese aluminium stocks in July 2023 fell by 3.68 per cent from 364,000 tonnes. In July, aluminium stocks at Yokohama stood at 157,900 tonnes, registering a decline of 3,300 tonnes or 2.05 per cent from 161,200 tonnes. However, on a year-on-year basis, the stocks in July 2023 recorded a significant rise of 16,800 tonnes or 11.91 per cent...
On September 1, today, the Shanghai Metals Market has witnessed enormous growth in aluminium prices all over China, with the SMM A00 aluminium ingot price augmenting by RMB 450 per tonne to officially close at RMB 19,610 per tonne. The average prices have ranged between RMB 19,590 per tonne and RMB 19,630 per tonne. According to the SMM A00 aluminium ingot price historical data, on September 1 2022, the aluminium price was RMB 18,350 per tonne. It can be seen that there has been a spectacular Year-on-Year growth of RMB 1,260 per tonne or 6.87 per cent, if we compare it with the present day. China’s major eight provinces have experienced massive influx today, with the aluminium ingot price heightening the most in Gongyi by RMB 510 per tonne to officially close at RMB 19,450 per tonne. In...
LME aluminium opened at US$2,201.5 per tonne on Wednesday, with its high and low at US$2,229 per tonne and US$2,199.5 per tonne, respectively, before closing at US$2,201 per tonne, a slight decrease of US$0.5 per tonne or 0.02 per cent from the previous trading day. On Thursday, August 31, both LME aluminium cash bid price and LME aluminium official settlement price gained US$25 per tonne or 1.16 per cent to score at US$2,165 per tonne and US$2,165.50 per tonne. As per the LME graph , both 3-month bid price and 3-month offer price expanded by US$24.5 per tonne or 1.12 per cent to close at US$2,203 per tonne and US$2,204 per tonne. December 24 bid price and December 24 offer price ascended by US$24 per tonne to halt at US$2,352 per tonne and US$2,357 per tonne. LME aluminium opening stock...
Everyone desires a well-decorated, cleanly planned, and tastefully furnished patio. The Amopatio Aluminium Patio Furniture Set is the perfect complement. This six-piece comfortable chat set is sturdy with its quality aluminium frame and provides an exceptional experience. The Amopatio 6-piece Aluminium Patio Furniture Set includes a loveseat, two single seats, an imitation wood table, and two ottomans. Each item is individually packaged to guarantee it arrives in pristine condition. The chair's all-aluminium frame makes it strong, durable, lightweight, and indestructable in all climatic conditions. The widened armrests provide an appropriate relaxing posture to sit down and relax. The seats provide comfortable seating, providing a gleeful experience. The Amopatio 6-piece Aluminum Patio...
US aluminium scrap imports from Canada recovered in May 2023 after a drop in the previous month. According to the US Census Bureau data, the import volume increased 6.99 per cent month-on-month to reach 35,200 tonnes in the said month. In April, the United States aluminium scrap imports from Canada stood at 32,900 tonnes, down by 5.19 per cent from 34,700 tonnes in March. However, despite the monthly gain, the United States aluminium scrap imports from Canada edged a fall of 3.03 per cent from 36,300 tonnes in May 2022. On the other hand, the accumulated import volume during the first five months of 2023 reflected a rise of 8.5 per cent year-on-year to 166,000 tonnes from 153,000 tonnes. According to the US Census Bureau data, the United States' year-to-date aluminium scrap imports from...
Russell Investments Group Ltd. has reportedly increased its stake in Century Aluminum by 33.1 per cent to 130,391, representing about 0.14 per cent of the company's worth. By buying these additional shares, Russell Investments Group shows its confidence in the company's future prospects. Ressell Investments has taken this move amid mixed recommendations for Century Aluminum from many equity analysts. For instance, Wolfe Research recently reduced their rating on the stock from 'peer perform' to 'underperform', and B. Riley turned down their price target from $10.00 to $9.00 and gave the company a 'neutral' rating. On the other hand, StockNews.com upgraded their rating for Century to 'sell' in a research report on August 16. These differences of opinion indicate uncertainty about the stock...
Boat has announced the arrival of its brand new smart ring in India to begin a healthy competition with the Noise Luna Ring, which was unveiled in July 2023. The Boat smart ring will flaunt an exemplary ceramic and metal construction with it being attested for 5 ATM water-resisting abilities. While traditional ceramic raw materials contain clay minerals such as kaolinite, more recent versions are formulated with aluminium oxide or alumina. The Boat smart ring will come stuffed with extended features like gesture commands, tracking systems, and emergency protocols. The device will come equipped with special health tracking solutions, wherein, SpO2 and heart rate can be measured. Additionally, these rings will aid in tracking menstrual cycles. The battery gives unlimited service for up to 7...
Emirates Global Aluminium (EGA), the world's largest producer of premium aluminium and the biggest industrial company in the United Arab Emirates reports competitive financial performance for the aluminium sector in H1 2023. Despite market conditions moderating, EGA's adjusted EBITDA was AED 4.2 billion ($1.1 billion), with a net profit of AED 2.0 billion ($533 million). EGA's aluminium segment adjusted EBITDA margin was 27%, continuing to lead global industry stalwarts. EGA's average realised London Metal Exchange price for its aluminium was $2,359 per tonne, which was lower than H1 2022's $3,063 per tonne but higher than H2 2022's $2,392 per tonne. The company made a corporate debt pre-payment of AED 2.9 billion ($800 million) during H1 2023, continuing its deleveraging strategy to...
