Impact Minerals has proposed changing its corporate name to Altrica Advanced Materials as it sharpens its focus on high-purity alumina (HPA) development. The proposed rebranding reflects the company's strategic shift towards its 80 per cent-owned Lake Hope project in Western Australia, which has become its principal priority for management attention and development capital. The name change will require shareholder approval through a special resolution at the company's annual general meeting scheduled for November 30, 2026. The proposal follows an October strategic review that established a clearer direction for the company's HPA activities while separating them from its earlier focus on precious and base metals exploration. Lake Hope remains central to HPA development strategy The Lake...
Canada and China have extended a bilateral trade arrangement that links Chinese market access for Canadian agricultural products with Canada's access for Chinese steel and aluminum. The decision provides greater certainty for exporters on both sides as Ottawa seeks to expand its trade relationships beyond the United States. The extension, announced on November 4, 2026, will keep the existing arrangement in place until the end of 2028. It comes amid renewed efforts by the two countries to strengthen economic ties and address outstanding trade issues. For the aluminum industry, the agreement offers a clearer timeline for market access, while its agricultural provisions provide Canadian producers with greater predictability in one of their key export markets. Canada-China trade agreement...
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Vedanta, one of the largest producers of aluminium in India, has achieved yet another milestone. The company obtained the Bureau of Indian Standards (BIS) certification and has become the first in the Indian aluminium business to have received the BIS certification for its broad range of aluminium products. With this certification, all their products are now Bureau of Indian Standards (BIS) certified, upholding its claim to unrivalled quality. "Aluminium will be indispensable to a low carbon future, with its limitless potential for applications in clean energy solutions, electric mobility, green buildings, high-tech manufacturing, sustainable packaging and more. Therefore, Vedanta Aluminium has robust systems in place to understand and exceed customer expectations. The BIS certifications...
Ardagh Metal Packaging (AMP) has united prime aluminium industry monarchs in agreeing with the Mission Possible Partnership (MPP) terms, which is an initiative to reach the shared global stakeholder idea of achieving net zero emissions by 2050. The Mission Possible Partnership, a non-governmental, non-profit board, is on a quest to enlist sustainability-aimed minds or, rather, bring CEOs of global companies with a similar agenda of achieving net zero together with their customer and supplier base. This bringing together might develop a strong base in the leadership domain, enabling the leaders to make critical financial decisions regarding net zero programmes that can be upheld for the upcoming ten years. AMP is already building trust with established companies like Alcoa, Novelis,...
Venezuelan state-owned enterprise Aluminium Nationals SA (Alunasa) halted operations in Costa Rica almost one year ago, laying out a debt evaluation of R$19 million. As official apprentices claim, the debt has not only affected the workers but also impacted the Costa Rican coffers. Alunasa is one of the biggest aluminium products organisations in Costa Rica and it mainly deals in aluminium laminated sheets and semi-ready aluminium components made from ingots. The default was orchestrated during the government of Nicolás Maduro, and as explained by the Costa Rican Social Security Fund (CCSS), going by the Argentine portal Infobae, it could be determined that Alunasa’s operations were stopped one year back. Though the company was charged R$8.2 million for labour charges and R$10.8 million...
Researchers at the Massachusetts Institute of Technology (MIT) have created medical devices that might be employed within the body as stents, staples, or drug depots and then securely broken down on demand when they are no longer required by exploiting a process that causes fractures in the metal. Exposure to eutectic gallium-indium (EGaIn) can cause aluminium medical devices like stents, staples, or drug depots to dissolve within the body. The researchers wrote about their findings in a recently published report in Advanced Materials. They suggested that this liquid metal alloy may be physically applied to the device or given to patients as nanoparticles. "It's a really dramatic phenomenon that can be applied to several settings. What this enables, potentially, is the ability to have...
National Aluminium Company Limited (NALCO) has elevated its aluminium ingot and aluminium products prices for the second consecutive time since November 1, although slightly at a lower rate. Compared to a hike of INR 6,600 per tonne on November 1, NALCO increased its aluminium ingot price by INR 5,300 per tonne on November 10. Thus, the price has come in at INR 222,350- 225,850 per tonne versus INR 217,050-220,550 per tonne last week. NALCO’s aluminium billets price has also seen a surge of INR 5,300 per tonne, with effect from November 10, amounting to INR 226,800- 229,450 per tonne. Aluminium wire rod price has been raised from INR 221,550-225,900 per tonne on November 1 to INR 226,850- 231,200 per tonne on November 10. NALCO links its aluminium prices to the three-month futures of...
According to the Shanghai Metals Market, China produced 6.68 million tonnes of metallurgical-grade alumina in October 2022 (31 calendar days), with daily output of 215,400 tonnes. The monthly production stood 0.61 per cent down M-o-M but 10.3 per cent more over the year. At the end of October, the operating capacity was 78.61 million tonnes, with operating rates at 81.1 per cent, found SMM. The decline in monthly output during October touched upon some of the major Chinese cities, whilst a few saw an increase in production. In Shandong, alumina output during October was 2.16 million tonnes, reflecting a drop of 2.41 per cent M-o-M; in Shanxi and Henan, the production of the ore was 1.58 million tonnes and 721,000 tonnes, respectively, after losing 0.62 per cent and 7.43 per cent of output...
On November 9, Brisbane-headquartered Graphene Manufacturing Group (GMG) declared it would raise a US$5 million fund through a ‘bought deal’ unit offering. GMG is listed on the Toronto Stock Exchange, and it has announced selling 1,819,000 of its shares with Canadian Eight Capital, an investment firm looking after the primary underwriting, company bookkeeping and building references with a team of underwriters. The closing date for the deal has been scheduled for November 29 with a per unit price of US$2.75, where a unit consists of one ordinary share and an ordinary share purchase warrant. A buyer would be spending US$3.35 for a share that escalates 48 months after the closing date. GMG has claimed that the entire newly raised fund would benefit the company’s working capital in the...
LME aluminium opened at US$2,321.5 per tonne on Wednesday, with its high and low at US$2,321.5 per tonne and US$2,307 per tonne, respectively, before closing at US$2,308 per tonne, a decrease of US$13.5 per tonne or 0.58 per cent. On Wednesday, November 9, LME aluminium cash bid price increased by US$11 per tonne or 0.47 per cent to close at US$2,337.50 per tonne. However, LME aluminium official settlement price had inched up by US$1 per tonne to close at US$2,338 per tonne. 3-month bid price and 3-month offer price ascended by US$15.5 per tonne or 0.66 per cent to halt at US$2,354 per tonne and US$2,355 per tonne. December 23 bid price and December 23 offer price came in at US$2,420 per tonne andUS$2,425 per tonne after recording a growth of US$13 per tonne. LME aluminium opening stock...
Tokyo-based motorbike innovator Kawasaki is about to launch its 2023 KX250 dirt bike in India, which has an aluminium skeleton and is extremely lightweight. The Kawasaki KX250 is a track-only dirt bike and has undergone various upgrades for the 2023 model. The bike is structured around an aluminium perimeter frame and displays the legendary Renthal aluminium Fatbar. Besides the aluminium fat bar, the footpegs and the shrouds are all extremely strong, making the 2023 KX250 dirt bike a sturdy ride. The shiny aluminium in the bike’s framework makes it lighter, just 108 kgs, and attracts enthusiastic young minds for adventurous rides. Aluminium is infinitely recyclable, so at the end of life, each bike can be sent in for particular recycling processes separating the vehicle's components....
On Wednesday, November 9, National Aluminium Limited (NALCO) announced its financial results for the second quarter and first half of the fiscal year 2023 ended September 30. The company declared its total income stood at INR 3,558.83 crore during Q2 FY23 compared to INR 3,846.22 crore in Q1 and INR 3,634.59 crore in Q2 FY22. That recorded a Q-o-Q decline of 7.47 per cent and a year-on-year fall of 2.08 per cent in the September quarter. However, for the first half of FY23, NALCO booked a 20.6 per cent increase in total income from INR 6,140.88 crore to INR 7,405.05 crore. NALCO’s profit before exceptional items and tax was pegged at INR 245.88 crore in Q2 FY23, 68.40 per cent less than INR 778.05 crore a quarter ago and 75.80 per cent plunged from INR 1,016.07 crore a year earlier,...
According to a leading sector expert, the UK's aluminium industry has a 'once in a generation' opportunity to drive sustainability, the circular economy, and the transition to Net Zero. Tom Jones, the CEO of the Aluminium Federation (ALFED), made the rallying call after the release of the organisation's latest report reveals more than 39,000 people are directly employed in this manufacturing discipline, with a total GVA of nearly £3 billion. Undertaken in partnership with the Fraser of Allander Institute, the document uses an economic model that predicts the sector’s real value is closer to £7.4 billion and supports the employment of 104,000 full-time jobs when considering the indirect impact of this unique material. The former toolmaking apprentice, who spent 35 years working at several...
On November 2, Aluminium Bahrain B.S.C. (Alba), one of the largest aluminium smelters globally, was awarded the Gulf Aluminium Council (G.A.C.)'s Health & Safety Award 2022 at the Gulf Aluminium Dinner that was hosted at the Ritz Carlton, Bahrain. The award was handed over to Alba's Chief Executive Officer, Ali Al Baqali, via the hands of Alba's Chairman of the Board, Shaikh Daij bin Salman bin Daij Al Khalifa, who was also the patron of the dinner. Illuminated by the occasion, Alba's Chairman of the Board Shaikh Daij commented: "It takes leadership to improve Safety. I take the opportunity to thank our C.E.O. and the Management team for going the extra mile to ensure Safety is a top priority." "We are pleased to be the recipient of G.A.C.'s Health & Safety Award and equally proud to be...
Coal-fired power stations are responsible for 30 per cent of the world's CO2 emissions. Even while the globe is embracing alternative energy sources that don't produce greenhouse emissions, including solar and wind power, finding a technique to lower the carbon output of existing plants might help minimise their effects while they are still in operation. According to reports, researchers from the National Institute of Standards and Technology (NIST) developed a metal-organic framework (MOF) called Aluminium formate (ALF), which can distinguish carbon dioxide (CO2) from other chemicals that escape the smokestacks of coal-fired power plants. It also doesn't have the drawbacks that other suggested carbon filter materials do. "What makes this work exciting is that ALF performs really well...
Sam Crawford’s aluminium-clad Bara Bridge in Sydney for Centennial Park & Moore Park Trust resembles the shape of the migratory eels found in the region. The existing pedestrian bridge has been discarded to begin the construction of the complex Light Rail. The bridge has been aligned with anodized aluminium balusters that shine when sunlight falls on it and the water beneath, creating a spectacular sight. The newly built bridge is spread 40m across Kensington Pond and is very crucial for the smooth transport of southern pedestrians and cycle riders to the Centennial Parklands, reinstating the Park’s accessibility. The bridge also joins the gap between the Kensington residents and the wider cycle of riding or hiking enthusiasts. The founder and director of Sam Crawford Architects (SCA),...
According to the US Geological Survey (USGS) data, India imported 46,100 tonnes of aluminium scrap from the United States in August 2022. That reflected an increase of 5,200 tonnes or 11.28 per cent sequentially, following restraint in the previous month at 40,900 tonnes. In June, India’s aluminium scrap import volume from the US grew 6.50 per cent or 2,500 tonnes M-o-M from 38,400 tonnes. On a year-on-year calculation, India’s aluminium scrap imports from the US edged 800 tonnes higher than 45,300 tonnes, found USGS. From January to August 2022, India imported 314,000 tonnes of aluminium scrap from the US in total, 26.61 per cent more than 248,000 tonnes during the corresponding period of the last year. In August 2022, the United States exported 178,000 tonnes of aluminium scrap...
A family home with gabled features and corrugated aluminium cladding titled the Everden House crafted by the Canadian company StudioAC is situated in the Cedarvale neighbourhood of Toronto. Located in a narrow and rectangular property, the simple yet luxurious home is a three-story structure that looks like stacked boxes. The home's gabled roof makes reference to the neighbourhood's housing stock. Some windows and interior components also utilised the peaked style. A gabled roof includes two sections sloping on opposites of the roof ridge. "The brief was to create a home that felt unique and personal to the homeowners and unapologetically contemporary, while still having cues to the traditional ideas of 'house'. While a gabled roof is one of the quintessential icons of 'house', we were...
A leading investment fund in the MENA region focused on unlocking a positive future for the region, and beyond, the Dubai Investment Fund (DIF) asserts that India's untapped resources will need to be explored to navigate the nation's demand for new infrastructure and facilitate the housing bubble. The international asset management company headquartered in Dubai says India enjoys a notable cost advantage in producing aluminium and steel. However, due to its beneficial position, it has the advantage of export probability to rapidly growing markets in Asia. As of 2022, The total number of mines in India that filed reports is expected to attain 1,425, with 720 mines filing reports for non-metallic minerals and 525 mines for metallic. The mining industry's proliferation is essential for a...
Hindalco Industries Limited has reduced its aluminium ingot and aluminium products prices by INR 2,000 per tonne, with effect from Tuesday, November 8. This follows a hike of INR 6,250 per tonne in the previous week, November 5. As per the latest price chart revealed by Hindalco, its aluminium ingot price stands at INR 216,000 per tonne compared to INR 218,000 tonnes on November 5. Hindalco’s aluminium wire rod price has come in at INR 227,100 per tonne as of November 8 versus INR 229,100 per tonne on November 5. Aluminium billets price has summed up at INR 230,100 per tonne, down by INR 2,000 per tonne from INR 232,100 per tonne. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange. The...
