COROS has introduced the DURA 2 SOLAR, a second-generation GPS cycling computer featuring an anodised aluminium alloy frame and a braided carbon fibre back. The new model combines aluminium construction with a larger touchscreen, updated navigation functions and extended battery life. The device features an aluminium upper frame with a profile measuring just 5.7 mm at its thinnest point. Its construction combines the metal with carbon fibre to keep the overall weight at 99 grams without a mount, increasing to 138 grams with a compatible mount. The use of aluminium is part of a broader redesign that gives the cycling computer a slimmer profile. COROS has also expanded the screen size from 2.7 inches in the original DURA to 3.5 inches in the new model, improving the available display area...
Silgan Holdings and funds affiliated with American Industrial Partners (AIP) are set to acquire Trivium Packaging in an all-cash deal valued at approximately $3.4 billion. The transaction will combine Trivium’s aluminum and metal packaging operations with Silgan’s Metal Containers’ aluminum and steel segment and food and beverage flat cap closures businesses, creating Silgan Metal Containers and Closures (MCC), a global aluminum packaging business valued at $7.3 billion. Silgan will hold a 60% stake in the new entity, while AIP will own the remaining 40%. Operations will be concentrated primarily in North America and Europe. To learn the future of aluminum in the packaging industry, explore our report " ALuminium in Packaging: Consumer Trends and Market Dynamics " Deal structure and...
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EU foreign policy chief Kaja Kallas is expected to discuss Irish alumina exports to Russia during a visit to Dublin this week, according to EU officials familiar with her plans. The visit comes ahead of Ireland taking over the rotating presidency of the European Union on July 1 and follows reports that much of the alumina produced at Aughinish Alumina has been shipped to Russia since 2023. The County Limerick refinery is owned by Russian aluminium producer Rusal, which is linked to businessman Oleg Deripaska. Although the exports have drawn criticism, alumina is not included in current EU sanctions against Russia, meaning the trade remains legal under existing rules. Explore: The most comprehensive and forward-looking industry-focused report – Global Bauxite & Alumina Market Forecast to...
Aluminium consumption in India's transportation sector increased from 0.70 million tonnes in 2020 to 1.35 million tonnes in 2025, nearly doubling in five years at a compound annual growth rate (CAGR) of about 14 per cent. The growth momentum is expected to continue, with consumption projected to reach 3.82 million tonnes by 2035. In comparison, global transportation-sector aluminium consumption rose from 22.57 million tonnes in 2020 to 27.1 million tonnes in 2025, reflecting a CAGR of 3.73 per cent. However, growth in overall consumption masks a structural gap. Despite producing more than 28 million vehicles in 2023-24 and recording strong growth in electric mobility and transport infrastructure, aluminium use per vehicle in India remains significantly lower than in major automotive...
Investment firm Intech Investment Management reduced its stake in Kaiser Aluminum during the fourth quarter, selling a large portion of its holdings in the company. The move came as a number of other institutional investors also adjusted their positions in the aluminium producer. Large shareholders, including Vanguard Group, State Street, Dimensional Fund Advisors, American Century Companies and Wellington Management, continued to hold significant stakes in the company. Kaiser Aluminum’s shares have performed strongly over the past year, trading well above their 52-week low and approaching record levels reached during the period. Kaiser Aluminum recently reported quarterly results that beat market expectations. The company posted earnings of USD 3.74 per share, compared with analyst...
As the world is accelerating its shift from primary to recycled aluminium, Europe is finding itself at a difficult crossroads. Strong demand, advanced recycling technologies and clear sustainability ambitions are one part of the story, while tightened scrap availability is another part. More than a Europe-wide problem in equal measure, the pressure is most visible in the European Union, where scrap leakage, as what they call, has become a serious challenge due to the increased overseas exports to India, China, and Thailand. Scrap leakage becomes a risk As mentioned by Mario Conserva, Secretary General of FACE, in an exclusive interview with AL Circle , the current leakage of aluminium scrap is leading to 1.2 million tonnes of such strategic resource flowing out to third countries...
Aluminium producer China Hongqiao Group Ltd. said on Monday, June 8, 2026, that its parent company, China Hongqiao Holdings, purchased 21 million shares in the company at an average price of HKD 26.464 per share. The transaction amounted to a total consideration of HKD 556 million (USD 71.28 million). The acquisition represents approximately 0.21 per cent of China Hongqiao's total issued share capital and increases China Hongqiao Holdings' stake in the company to 62.31 per cent. China Hongqiao Holdings is principally owned by Chairman Zhang Bo. The parent company said it believes China Hongqiao's current share price does not fully reflect the company's intrinsic value and added that it does not rule out further increases in its shareholding in the future. China Hongqiao shares opened flat...
Mumbai-based bauxite and bentonite exporting firm Ashapura Minechem Limited has delivered a robust FY2026 financial performance, anchored by higher bauxite and iron ore shipments from its Guinea business, the key growth engine throughout FY2026. As the year generated record revenue figures, the company also rewarded shareholders with a higher dividend recommendation. Ashapura also expects the impending Guinea bauxite export limit to benefit smaller companies like itself in the long run. For the financial year ended March 31, 2026, Ashapura posted a revenue or income from operations that surged 91.2 per cent Y-o-Y to INR 52.37 billion (USD 548.15 million), compared with INR 27.39 billion (USD 286.67 million) reported in FY2025. Explore the relevance of red mud in the sustainable aluminium...
Turkey has officially retained the 22 per cent CIF anti-dumping (AD) duty on Chinese aluminium foil imports for the next five years. The decision extends trade protection measures that have been in place for more than a decade. According to Notice No. 2026/16 issued by the Turkish Ministry of Trade on May 24, 2026, a 22 per cent duty based on the CIF (Cost, Insurance and Freight) value of imports will continue to apply with immediate effect. The decision follows the conclusion of the country’s second sunset review investigation. Explore the accurate insights and forecasts for the aluminium flat rolled products (FRP) market in Aluminium Flat Rolled Products: Insights & Forecast to 2032 The duty includes unsupported sheets and strips of rolled aluminium within the thickness of 0.2...
The London Metal Exchange (LME) aluminium prices, as witnessed in the previous three sessions, have persisted on the declining graph at the close of the June 8 session. The LME aluminium cash bid price declined to USD 3,669 per tonne on June 8 from USD 3,735 per tonne on June 5 , marking a decrease of around 1.77 per cent. The LME aluminium cash offer price also eased 1.78 per cent to USD 3,669.5 per tonne on June 8 from USD 3,736 per tonne in the previous session. In the three-month contract segment, the LME aluminium 3-month bid price stood at USD 3,600 per tonne on June 8, down 1.88 per cent from USD 3,669 per tonne recorded on June 5. The three-month offer price fell 1.88 per cent to USD 3,600.5 per tonne from USD 3,669.5 per tonne. Meanwhile, the December 27 bid price declined 1.44...
Oklahoma Governor Kevin Stitt has expressed his support for the proposed aluminium production facility in Inola amidst increasing local opposition and state officials. Stitt, in a video posted on social media, said the project is important for U.S. manufacturing and aluminium production, linking it to efforts to increase domestic output of materials used across a range of industries. The Governor said the facility would be the first aluminium production plant of its kind to be built in the United States in over 45 years. It would be the biggest aluminium producing plant ever built in the country, he said. Stitt said boosting domestic aluminium production is important as the US continues to reduce its reliance on overseas supplies. Aluminium is used extensively in aerospace, defence and...
Titagarh Rail Systems aims to achieve full domestic manufacturing of aluminium railway coaches by FY27, marking a significant step in India's efforts to localise advanced rolling stock production. The Uttarpara-based rail equipment manufacturer has already supplied aluminium coaches for the Pune Metro project and has secured an additional order to produce 12 more aluminium trainsets. The company previously depended on imports of flat packs and sub-assemblies from Italian rolling stock manufacturer Firema for aluminium coach production. However, it has since invested in the machinery required to manufacture these components domestically, enabling it to move towards complete in-house production. According to the company, the localisation drive will allow it to manufacture aluminium coaches...
MBK Partners has completed the acquisition of Japanese aluminium packaging producer Altemira Holdings, a deal that successfully cleared Japan's economic security review process. The private equity firm acquired a controlling stake in Altemira from Apollo Global Management. The transaction was valued at approximately JPY 130 billion (USD 811 million) on an enterprise value basis. The deal comes just weeks after MBK withdrew from its planned acquisition of Makino Milling Machine, which faced objections from Japanese authorities over national security concerns. According to industry sources, both transactions were reviewed under Japan's foreign exchange law, which requires government approval for foreign investments in sectors considered important to national security and public safety....
Ghana's mining sector already provides avenues for local participation, but the bigger challenge is encouraging more Ghanaian investors to commit capital to the industry, according to mining engineer and consultant Ing. Wisdom Gomashie. Speaking to The High Street Journal during WAMPEX 2026, Gomashie questioned why local investors are not making greater use of mining concessions available through the Minerals Commission. He said debates about mine ownership often focus on foreign companies while paying less attention to the investment, management and operational requirements needed to build successful Ghanaian-owned mining businesses. Gomashie also rejected suggestions that local participation in mining is lacking. He pointed to Ghana Bauxite Company, which is majority Ghanaian-owned, as...
Scandium Canada has signed a mutual non-disclosure agreement with the University of Waterloo to begin research on aluminium-scandium alloys for additive manufacturing applications. The collaboration brings together Scandium Canada's Scandium+ division and the University of Waterloo's Multi-Scale Additive Manufacturing Laboratory (MSAM), a research centre based at Catalyst137 in Kitchener, Ontario. The first phase of the project will focus on developing manufacturing parameters for Laser Powder Bed Fusion (L-PBF), a metal 3D-printing process widely used for producing complex components. The partners said the work is intended to help expand the commercial use of aluminium-scandium alloys while lowering production costs. Aluminium-scandium alloys have attracted growing attention because they...
Design studio Unknown Surface Studio has unveiled UNFOLD, a thematic pavilion created for Aluframe that challenges traditional ideas of temporary architecture. The project presents a new approach to exhibition spaces by focusing on circular material use and long-term sustainability. Rather than building a short-term structure that becomes waste after an event, UNFOLD has been designed as a regenerative system. The pavilion is intended to continue contributing to material life cycles long after the exhibition ends. It functions not only as an exhibition venue but also as a model for future temporary architecture that prioritises reuse and adaptability. The idea for the pavilion came directly from Aluframe’s warehouse environment. Inside the facility, rows of aluminium profiles stored in...
Toyota Motor Manufacturing UK has advanced its circular economy strategy by establishing a closed-loop aluminium recycling system at its Burnaston facility in Derbyshire, England. It has created what the company describes as a European-first process for recovering aluminium from end-of-life vehicles and reusing it in the production of new hybrid auto components. The Burnaston site is a pilot facility, set to develop operational standards and processes that could be replicated across future circular manufacturing centres in Europe. A second facility is scheduled to open in Poland later in 2026. Delve deeper into the recycled aluminium and secondary aluminium market with our World Recycled ALuminium Market Analysis Industry forecast to 2032 Aluminium returns to the production cycle A key...
CBC India’s Ingredients & Packaging Solutions (IPS) Division has signed an exclusive partnership agreement with Metalco-Alupack, a European manufacturer of pharmaceutical aluminium packaging solutions. The partnership will support the distribution and market development of Metalco-Alupack's products in India and expand CBC India’s packaging portfolio for the pharmaceutical sector. Metalco-Alupack manufactures seamless anodised aluminium containers used for chemical and pharmaceutical products, including sterile active pharmaceutical ingredients (APIs). The company supplies pharmaceutical packaging solutions to customers in multiple markets and provides regulatory support for its products. Commenting on the partnership, Mario Bartolomei, Managing Director of Metalco-Alupack, said the...
Cameroon’s Minim-Martap bauxite project is moving closer to export readiness, with project developer Camalco adopting an interim coastal shipping solution to bridge existing infrastructure constraints and bring its ore to international markets. The move may extend the nation's goal of strengthening its aluminium value chain. Camalco, the subsidiary of Australia-listed Canyon Resources, is expected to finalise an agreement with Cameroonian shipping operator Gulfcam to transport bauxite between the ports of Douala and Kribi. Although considered a temporary arrangement, the step was necessary to initiate exports from the Minim-Martap deposit located in the Adamaoua region. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast...
Europe exports roughly 1 million tonnes of aluminium scrap every year, enough material to potentially reduce the region's primary aluminium imports by nearly 24 per cent if retained and recycled domestically. Yet despite recycled aluminium production already catching up with primary output, the automotive industry continues to include a higher percentage of virgin metal. All at the same time, the region’s automotive industry is entering a period where aluminium procurement strategies are becoming as important as vehicle design itself. Driven by electrification, lightweighting requirements and increasingly stringent sustainability targets, automotive manufacturers are consuming more aluminium than ever before. The transition is, though, far from straightforward. While recycled aluminium...
