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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Haley Stevens, Congresswoman of Michigan, introduced the Secure Aluminium Supply Chains Act, a bill that is going to require a review of US aluminium scrap exports and their impact on the manufacturing sector of the country. This bill requires the US International Trade Commission (USITC) to conduct an investigation into aluminium scrap shipments to countries considered strategic competitors by the United States. Stevens said that aluminium is widely used across automotive, aerospace and defence industries, which makes it an important material for US manufacturers. The bill would require the USITC to examine where aluminium scrap exports are going and assess any economic or national security concerns linked to those exports. "Michigan workers know that strong supply chains are the...
The Government of Western Australia is updating the regulatory framework that applies to Alcoa's mining operations in the state. Alcoa currently operates under an exemption order issued as part of the state government's transitional approvals framework. The order allows the company to continue operating while the Environmental Protection Authority assesses its proposed bauxite mining activities. The Department of Energy and Economic Diversification is finalising an updated Mining Management Program (MMP) in consultation with relevant government agencies. As part of the process, the existing exemption order must be revised to align with the updated MMP. The first step involves issuing a notice of intention to revoke the current order. The revised MMP and updated exemption order are...
Aluminium rolled and extruded products manufacturer Constellium’s FY2025 chart pinned robust financial results, reinforced by firm demand across its packaging, aerospace and industrial product segments. The company reported notable gains in revenue, profitability and cash generation, improving operating efficiency and returns on capital despite economic uncertainties. However, Constellium’s opposition to the Carbon Border Adjustment Mechanism (CBAM) framework by the European Union indicates concerns that Europe's aluminium sector remains burdened by high energy and carbon costs. Commenting on the financial performance, Ingrid Joerg, the CEO of Constellium , stated, “Constellium delivered near-record results in 2025 despite the uncertain macroeconomic and end-market environment, including...
Hindalco Industries is aiming to generate over INR 10 billion (USD 119 million) in revenue from its aluminium window business within the next three years. The business operates under the Eternia brand, which manufactures aluminium window systems for residential and commercial buildings. According to the company, Eternia has recorded nearly 65 per cent compound annual growth over the past three years. Hindalco said the growth target will be supported by a wider partner network, increased production capacity and growing demand for aluminium windows in India. The company estimates that India's windows and facade market is worth around INR 400 billion (USD 4.19 billion). It added that the premium segment is growing at nearly 15 per cent annually. Satish Pai, Managing Director of Hindalco...
While observing the World Environment Day on June 5, 2026, celebration and upkeep of environmental values and sustainability goals become a must. A key takeaway emerges as we look at the sustainability initiatives adopted by Vedanta Limited and its branch, Hindustan Zinc Limited, recognising and advocating measures to achieve climate goals for a greener future. Throwing light on the renewed approach of the mining and metals sector in contributing to environmental well-being, the Chairperson of Hindustan Zinc, Priya Agarwal Hebbar, notes, “At Hindustan Zinc, we believe the future of mining is about producing the metals the world needs while leaving a lighter footprint on the planet.” Delve deeper into the recycled aluminium and secondary aluminium market with our World Recycled ALuminium...
Beverage companies are facing a shortage of aluminium can sheets at a time when demand for soft drinks and beer has surged due to extreme summer temperatures across India. Industry executives said some companies have reduced production, while others are increasing the use of PET and glass bottles to meet demand. The shortage has been linked to India's dependence on imported aluminium can sheets. A large share of supplies comes from countries such as the UAE and Saudi Arabia, and recent shipping disruptions in West Asia have added to supply pressure. Industry sources said import delays related to Bureau of Indian Standards (BIS) requirements had already affected supplies earlier this year before the situation worsened. The issue has also highlighted a gap in India's aluminium industry. The...
Rio Tinto, one of the leading global mining companies, is applying automation technology in addition to developing new processes for zero-emission aluminium products. The giant has partnered with Sandvik on new automated drill rigs, which have been designed for use in open-cut mining. These technologies will deliver more productive and efficient operations while enhancing worker safety. Rio Tinto is introducing automated drill rigs with data-driven operational systems to improve the operating performance of its existing mining operations with increased levels of operational precision and less manual input. This announcement highlights the industry’s continued push toward automation and smarter mining tech for better efficiency and cost savings. Alongside that, Rio Tinto has a USD 1.5...
A supply shock in West Asia is reshaping the global aluminium market. Disruptions to smelters, shipping routes and regional energy supplies have tightened aluminium availability and pushed London Metal Exchange prices to a four-year high, bringing the market closer to the USD 4,000-per-tonne threshold. The disruption comes at a time when the global aluminium market has averaged a supply deficit of less than 0.5 million tonnes over the past five years. Also, the 45 million tonne cap on China's primary aluminium output leaves limited room for the country to increase production and offset any shortfall from the Gulf Cooperation Council (GCC) region. While consumers grapple with higher costs and supply uncertainty, aluminium producers are benefiting from higher prices. Improved realised...
London Metal Exchange (LME) aluminium prices continued to dip on June 4 after the figures eased on the June 3 from USD 3,800 per tonne on the previous close. The session recorded a decline in the aluminium prices, contracts as wells as stocks. The LME aluminium cash bid price eased 1.54 per cent day-on-day, down from USD 3,796.5 per tonne on June 3 to USD 3,738 per tonne on June 4. Representing a difference of 1.53 per cent, the offer shifted from USD 3,797 per tonne to USD 3,739 per tonne. Explore the relevance of red mud in the sustainable aluminium industry in A Comprehensive Analysis of Bauxite Residue (Red Mud): Sustainability, Resource Recovery and Strategic Recommendations On June 4, the LME aluminium 3-month bid price shifted from USD 3,721 per tonne on June 3 to USD 3,662 per...
Vedanta Aluminium has developed a hydrogeological blueprint for the Sijimali region in Odisha, with the aim of improving water availability and strengthening long-term water security. According to scientific studies conducted for the project, local water availability could increase by up to 200 per cent through better capture of rainwater runoff and improved groundwater recharge. The plan proposes a range of soil and water conservation measures, including contour bunding, check dams, settling ponds, slope stabilisation structures and a 7,500-metre drainage network. These interventions are designed to improve rainwater flow into local catchments and water bodies. Vedanta has shared that the project has been planned with measures to protect groundwater resources. Studies indicate that...
Indian green hydrogen developer AM Green has signed a memorandum of understanding (MoU) with the VO Chidambaranar Port Authority for developing a green ammonia project in southern India. The facility is going to be constructed in Thoothukudi, Tamil Nadu, and is planned to produce one million tonnes of green ammonia annually. According to the company, the project is intended to support the development of green fuel trade routes linking India with markets in Europe and Asia. The agreement marks AM Green's second large-scale green ammonia project. The company is already developing a one-million-tonne-per-year green ammonia facility in Kakinada, Andhra Pradesh, which is expected to begin operations by 2028. Explore: The most comprehensive and forward-looking industry-focused report – Global...
China's polyaluminium chloride (PAC) market remained stable during May. As of May 31, the mainstream market price for solid industrial-grade PAC with a content level of at least 28 per cent was around RMB 1,811.67 (USD 267.62) per tonne, unchanged from the beginning of the month. Raw material costs provide support Raw materials, mainly alumina and hydrochloric acid, account for more than 60 per cent of PAC production costs. During May, the upstream electrolytic aluminium market showed fluctuating downward trends. At the same time, hydrochloric acid prices rose temporarily as chlor-alkali producers adjusted operating rates. These factors provided some cost support for PAC prices. However, the commissioning of new alumina production capacity increased supply in the market, limiting the...
The Canadian government announced plans on Wednesday to extend key steel and aluminium tariff measures for another year as it seeks to protect domestic producers from global trade distortions and import diversion. Subject to final approval, Canada's steel tariff-rate quotas for countries outside the Canada-United States-Mexico Agreement (CUSMA) will remain in place until June 27, 2027. The government will also extend tariff relief measures for eligible US steel and aluminium products until June 30, 2027. Under the framework, imports that exceed quota limits will continue to face a 50 per cent tariff. However, Canada will maintain exemptions for its CUSMA partners, the United States and Mexico, from these quota restrictions. François-Philippe Champagne, Canada's Minister of Finance and...
Rising geopolitical tensions in West Asia are continuing to support higher crude oil prices, while aluminium prices have climbed to four-year highs, creating different outlooks for India's oil and metals sectors. According to Bharat Subramanian, Vice President of Equity Research at BofA Securities, tensions in West Asia remain the biggest factor influencing crude oil prices. He said a lasting ceasefire or truce could ease prices, but without one, the upward trend is likely to continue. Pressure on oil marketing companies Higher crude prices are creating challenges for India's oil marketing companies (OMCs). Rising oil costs are reducing petrol and diesel marketing margins, while losses on subsidised LPG sales have exceeded INR 650 (USD 6.79) per cylinder. Although excise duty cuts...
Mexico’s aerospace industry is preparing for a new phase of regional trade dynamics as the ongoing review of the United States-Mexico-Canada Agreement (USMCA) and continued US tariffs on aluminium, steel and derivative products reshape the operating landscape. While the process was initially expected to conclude by July 1, discussions among the three member nations have extended negotiations through the week of July 20. Industry leaders are focusing on adaptation rather than expecting pre-tariff conditions to reappear. The Mexican Federation of the Aerospace Industry (FEMIA) CEO, Luis Lizcano, emphasised that companies must maintain competitiveness under evolving trade rules while identifying opportunities within the new framework. Explore: The most comprehensive and forward-looking...
Australian unions have called on the federal government to establish a state-owned renewable energy company to provide low-cost electricity to aluminium smelters and other energy-intensive industries, arguing that private power markets are failing to deliver affordable long-term energy supplies. The proposal, outlined in a report by the McKell Institute and backed by the Electrical Trades Union (ETU), would create a new government-owned entity called "Sovereign Power" to build, own and operate renewable energy and storage projects and supply electricity to major industrial users at cost. According to the report, Sovereign Power could provide electricity at around AUD 65-66/MWh, significantly below current market contract prices of about AUD 117/MWh. The lower cost would stem from...
As the market continues to track Vedanta’s demerger exercise, the company has taken another step toward its proposed business separation. Vedanta Limited announced on June 3, 2026, that its power subsidiary, Talwandi Sabo Power Limited, has officially been renamed Vedanta Power Limited , following approval from the Registrar of Companies (RoC) under the Ministry of Corporate Affairs. The name change came into effect on June 3, positioning the power business under a unified Vedanta brand ahead of its anticipated standalone listing. Discover: The Gulf aluminium market risks, China impact, alumina supply, carbon costs, and logistics disruptions shaping pricing and trade in Gulf Disruption Roadmap Demerger roadmap enters a crucial phase Vedanta’s demerger remains one of the most closely...
More than 5.45 million electrified vehicles, including battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrids, were sold across Europe, China and the United States during the first quarter of 2026. While Europe delivered double-digit growth driven by stronger demand in its largest automotive markets, China and the United States recorded declines following changes to incentive programmes. Europe remained the strongest-performing region among the three major markets tracked in the latest EV sales review by PwC. Total EV sales across the European Union, the UK and EFTA countries reached 2.43 million units in Q1 2026, representing a year-on-year increase of 18 per cent. BEV sales rose 26 per cent to 724,000 units, PHEV sales increased 32 per cent to 354,000...
