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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On Wednesday, November 2, Gov. Tate Reeves and Mississippi Legislature finalized one of the greatest economic development projects of the region, which is expected to create 1,000 employment opportunities in Lowndes County. The Mississippi House and Senate have approved the tax incentives for the companies' expansion in the Golden Triangle. Apart from the state-of-the-art low-carbon, aluminium flat-rolled mill and a biocarbon production facility by Steel Dynamics, the $2.5 billion project will also include a recycled aluminium flat-rolled facility. This facility will supply the automotive, industrial, and industrial packaging sectors. The project is a part of Steel Dynamics' expansion of its Columbus, Mississippi, campus, which is situated on a Tennessee Valley Authority Mega Site. A...
Alcoa Corporation, the world’s eighth largest aluminium producer, won the Aluminum Industry Leadership award at the 10th annual Platts Global Metals Awards, which recognise and celebrate leadership, innovation, stewardship and commitment to a greener future. Kelly Thomas, Alcoa’s Executive Vice President and Chief Commercial Officer, accepted the award, the most respected and competitive in the metals sector. It recognises companies that shape the future of the metals industry. For the past five decades, the Global Metals Awards has recognised and honoured the best-of-the best in the metals industry, whether individual or company. The award acknowledges leadership across fifteen categories. The Aluminum Industry Leadership award recognises companies that produce and process aluminium...
Bangladesh Thai Aluminium Ltd. has recorded a 98 per cent falling net profit for the year ending on June 30, 2022, in contrast with the earnings of the previous year. This is mainly due to the augmented raw material and freight rates, alongside the degrading economic conditions of the region. One of the greatest manufacturers encouraging the aluminium industry in Bangladesh, Thai Aluminium marked a net profit of only Tk 2.56 million in the fiscal year 2021-22, whereas the year before, it had an enormous earning of Tk 160 million. Due to the above discrepancy, the company's earnings per share plummeted to Tk 0.02 compared to Tk 1.25 in the previous fiscal year. Because there was an enormous plunge in profits, the board of directors initiated no dividend estimation for the company's fiscal...
A billet is one of the most widely used aluminium product forms globally. Billets can be produced immediately by continuous casting, extrusion, or hot rolling an ingot or bloom. On Thursday, November 3, aluminium billet inventories in China increased by 4,700 tonnes W-o-W, closing at 60,500 tonnes. Arrival times were delayed by slower transportation, and downstream consumers in east and south China were more cautious due to the epidemic. It is anticipated that the social inventory will grow modestly next week. The figure below provides further information on the current state of aluminium billet inventories in China: According to the SMM data, inventories in Wuxi and Huzhou ascended by 6,200 tonnes or 119.23 per cent and 1000 tonnes or 20 per cent to settle at 11,400 tonnes and 6,000...
Ducati has unleashed its latest Diavel V4 featuring a Bologna’s V4 Granturismo engine, along with an aluminium monocoque frame that has significantly reduced the motorcycle's weight. Ducati has redesigned the vehicle with substantial change in the styling and chassis design for 2023. Although there has been a transformation from two cylinders to four, surprisingly enough, the Diavel V4 has a 13 kg reduced weightage, solely due to the aluminium monocoque chassis that saves almost 8 kg. In place of the steel trellis in the prevailing Diavel model, Ducati has utilised the non-ferrous metal, aluminium, to create the skeleton of the motorcycle. The aluminium monocoque chassis comes seamlessly hooked with the cylinder heads. Although the hind subframe is a steel trellis unit, the swingarm is a...
All Matters Studio, a Stockholm-based design studio, utilised both aluminium and marble to create the Frame05 table, which as per the studio, is both robust and stylish simultaneously. The top of this table, designed by the studio, consists of different marble slabs. The sculpture, Frame05, is made of Swedish stone attached to a robust frame of standard aluminium profiles. Flexibility is another essential component of the design, and each of the aluminium profiles may be adjusted in length according to the required table size. Customers can select from various stones or anodised metal for a distinct look. "Marble tables are absolutely stunning. But mining big chunks of stones, just for a specific table, is unsustainable. And big stones can be difficult to handle when moving. FRAME05 is...
The United States aluminium plates, sheets and bars imports from Oman in July 2022 rebounded close to the volume in May 2022. After a month-on-month drop in June by 2,450 tonnes or 22.69 per cent to 8,350 tonnes, the United States aluminium flat rolled products imports grew by 1,950 tonnes to stand at 10,300 tonnes. In May 2022, the import volume stood at 10,800 tonnes, according to the US Census Bureau data. In the three-month period from May to July 2022, the total imports summed up at 29,450 tonnes, while the total imports in the first seven months of the year amounted to 66,500 tonnes. Going by each month of 2022, Oman has been a consistent supplier of aluminium plates, sheets and bars to the United States. In the first two months of the year, the export volume muted at 7,010 tonnes,...
According to our report from West Africa, almost all of the unloading operations for two Bedeschi shiploaders and one echopper shipped fully erected from Jebel Ali Port, Dubai to Ghana Takoradi Port have been accomplished. Jebel Ali is a deep port located in Jebel Ali, Dubai, United Arab Emirates and is the world's ninth busiest port, the largest man-made harbour, and the biggest and by far the busiest port in the Middle East. Bedeschi SpA was established in 1908 and is today one of the oldest European companies specialising in the creation of turn-key solutions for bulk handling material, mining, etc. The machines will soon commence installation and operation, with the machines being pushed into their correct positions. Specifically, the scope of the project is to provide handling...
Gränges Powder Metallurgy from Germany is a subsidiary of Sweden-based Gränges AB. It has successfully launched its second aluminium alloy, which has a growing demand in the Additive Manufacturing industry. S260 AM, the highly durable aluminium alloy, belongs to the company's Dispal® portfolio that can be differentiated by incredible tribology features and high-wear resistance. Silicon is essential in creating a mixture strong enough with Cu and Mg elements because of its fine matrix structure. The silicon has been evenly distributed along the aluminium alloy, which is beneficial for more accurate and long-lasting performances, with no requirement for additional coatings. Another primary feature of this material, in contrast with the other Dispal® materials, is a lesser tendency of...
Vedanta Limited has expanded its aluminium ingot and aluminium products prices, effective from Wednesday, November 2, soon after it cut the prices on the previous day. On November 1, the company reduced its aluminium ingot price by INR 2,750 per tonne to INR 210,250- 240,750 per tonne, following which it hiked the price by INR 5,250 per tonne on November 2 to INR 215,500- 246,000 per tonne. Vedanta’s aluminium billets price has been also been raised by INR 5,250 per tonne, with effect from November 2, to sell the product at INR 224,500 per tonne, after deducting INR 2,750 per tonne from the item on November 1 to INR 219,250 per tonne. Aluminium wire rod price is currently hovering around INR 223,000- 230,500 per tonne since November 2, seeing an increase of INR 5,250 per tonne. On...
LME aluminium opened at US$2,252.50 per tonne on Wednesday, with its high and low at US$2,276.50 per tonne and US$2,233 per tonne, respectively, before closing at US$2,250 per tonne, a drop of US$7 per tonne or 0.31 per cent. On November 2, Wednesday LME aluminium cash bid price plunged by US$18.50 per tonne or 0.82 per cent to halt at US$2,226.50 per tonne, and the LME aluminium official settlement price also shed the same percentage to rest at US$2,227 per tonne. The 3-month bid price dived down by US$16 per tonne or 0.71 per cent to close at US$2,237.50 per tonne, and the 3-month offer price slumped by US$15.50 per tonne or 0.69 per cent to close at US$2,238.50 per tonne. December 23 bid price and December 23 offer price both recorded an US$8 per tonne or 0.34 per cent fall, stopping...
In August 2022, the United States’ domestic primary aluminium production stood at 61,000 tonnes, falling further, although at a lower rate than the previous month, found the US Census Bureau data. The output in July fell by 14,000 tonnes M-o-M to come in at 64,000 tonnes, while that in August dipped by 3,000 tonnes. The production decline in August marks the third consecutive month-on-month fall since June 2022, whereby the output plunged by 6,000 tonnes or 7.14 per cent from 84,000 tonnes to 78,000 tonnes. On a year-on-year calculation, the production in August 2022 was 12,000 tonnes or 16.44 per cent less than 73,000 tonnes. The average daily production was 1,980 tonnes, which registered a decline of 4.35 per cent from 2,070 tonnes in July’22 and 16.11 per cent from 2,360 tonnes in...
Optima Systems is an industry leader in making commercial partitions. Starting from November 1; it will use Hydro CIRCAL as a raw material for producing its glass and aluminium partitions, and doors. Hydro CIRCAL runs a monopoly in the UK market where no other product can match its specifications. Other than Hydro’s self-constructions, Optima will be the first establishment in the UK to adopt Hydro CIRCAL for its operations, formally leading the circular revolution. The Norwegian aluminium and energy brand, Hydro has generated a type of aluminium which constitutes 75 per cent recycled, post-usage scrap that leaves significantly lesser carbon footprints on the planet than the production of primary aluminium. Recycling aluminium requires only 5 per cent of the energy necessary to yield...
The renowned Indian aluminium manufacturer Bharat Aluminium Company Limited (BALCO), a subsidiary of Vedanta Aluminium, has successfully executed test runs for biodiesel in smelting operations. In the pilot test, the company preheated ladles or vehicles that transport hot metal (aluminium) in its molten condition from plotlines to cast houses by fuelling them with biodiesel. A potline is a long building or group of buildings that are part of a smelter and houses many pots, or huge electrolytic cells, where aluminium is melted. The preheating procedure is absolutely essential for the ladle to be completely dry. This is crucial for preserving the metal's temperature and purity for transit to the casting facilities, where the molten aluminium is transformed into various finished goods....
In September 2022, alumina production in Africa & Asia (ex-China) stood at 1.121 million tonnes, registering a downfall of 6.27 per cent month-on-month but an increase of 1.91 per cent year-on-year, found the International Aluminium Institute data. In August 2022, Africa & Asia’s (ex-China) alumina output was 1.196 million tonnes, also down by 0.42 per cent from 1.201 million tonnes. That showed alumina output in Africa & Asia (ex-China) recorded a consistent month-on-month downfall through July-September 2022, bringing the total volume of production in Q3 to 3.518 million tonnes. On a quarter-on-quarter calculation, Africa & Asia’s (ex-China) alumina production in the third quarter of 2022 edged 0.34 per cent lower than 3.530 million tonnes. However, on a year-on-year basis, the output...
Malaysia-based Delux Holdings Sdn Bhd has inaugurated its Johor Bahru outlet, which is the company's first, as well as the largest showroom in the South-Asian zone. Delux has established itself as one of South East Asia's topmost aluminium automatic gate and security door creators. The Johor Bahru showroom has separate areas, including the Sample Display Zone. The outlet displays up to six sets of full-aluminium trackless automatic folding gates commercialised with four or six panels and any other customised specification. The company can make up to 10 sets of full-aluminium security doors clubbed in one panel, one and a half and two panels, with a breadth of 8 feet or 2.4 metres. The Taman Ekoperniagaan showroom acts as a common portal for customers to have a proper glance at Delux's...
Emirates Global Aluminium (EGA), the largest industrial organisation in the United Arab Emirates (UAE), excluding oil and gas, joined the First Movers Coalition to support cutting-edge clean solutions in challenging industries. The First Movers Coalition, which now has more than 50 significant companies from across the world as members, welcomed EGA as the first corporation with a headquarter in the UAE. The World Economic Forum and the US Office of the Special Presidential Envoy for Climate Change, chaired by John Kerry, are members of the First Movers Coalition. "As a UAE company, we are committed to the nation's Net Zero by 2050 Strategic Initiative. To decarbonise our aluminium, we have to reach net zero not just in our own operations but also our supply chain. Joining the First...
Hindalco Industries Limited has lifted its aluminium products and aluminium ingot prices on Wednesday, November 2, after reducing them the previous day by INR 2,500 per tonne. Hindalco’s aluminium wire rod price has been elevated by INR 5,250 per tonne or 2.40 per cent to INR 224,350 per tonne versus INR 219,100 per tonne on November 1. The company’s aluminium billets price has also seen a hike of INR 5,250 per tonne, with effect from November 2, to peg at INR 227,350 per tonne. On November 1, the price stood at INR 222,100 per tonne, down by 1.11 per cent from 224,600 per tonne. Aluminium ingot price is no exception but undergone an increase of INR 5,250 per tonne on November 2 to stand at INR 213,250 per tonne, following a cut on the previous day from INR 210,500 per tonne to INR...
