Atlas Metals Group plc has terminated its proposed acquisition of Universal Pozzolanic Silica Alumina Ltd (UPSA), ending a transaction first announced in June 2025, as the company shifts its acquisition focus towards lithium and graphite assets in Africa and South America. The natural resources and energy company said the decision followed recent due diligence difficulties and actions by UPSA representatives that it believes materially changed the merits and viability of the transaction. Atlas Metals is also seeking to recover material amounts owed to it by UPSA. The proposed acquisition was initially announced on June 17, 2025, with the signing of a conditional share purchase agreement (SPA) disclosed on September 10, 2025. However, the company has now decided to terminate the agreement,...
The third quarter brought a clear improvement in global alumina production. It did not, however, bring production back to the level recorded a year earlier. Global alumina output has reached 114.625 million tonnes in the first nine months of 2026, down 330,000 tonnes or 0.29% (114.955 million tonnes in 2025) year-on-year. China's estimated production increased, but declines across most other reporting regions erased that gain. The quarterly sequence reveals how the production gap has developed. In the July to September 2026 quarter, alumina output reached 39.396 million tonnes, an increase of 5.54% over the preceding quarter. Yet the same quarter in 2025 had delivered 39.675 million tonnes. The latest production total was therefore 279,000 tonnes lower Y-o-Y. The first quarter of 2026...
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The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. This week, the downstream sector witnessed a lot of ups and downs with a satisfactory note in the end. To begin with, Gränges, the aluminium technology company, is making conscious efforts to improve its sustainability goal and seeks to become climate neutral by 2040. Apart from this, England’s Darren Taylor Holdings acquired the fifty years old Dorset Aluminium, with the former claiming there will be no alteration in the company’s operations. The other news which created significant impact was the news of AMAG attaining the Platinum medal award by EcoVadis. Under the market forefront, on June 21, Hindalco depleted their aluminium rod prices and aluminium...
Yunnan Sunho Aluminum Co. Ltd., a subdivision of Sunho shares, is a green hydropower aluminium project with a production capacity reaching almost 900,000 tonnes. Yunnan Sunho Aluminum has been registered successfully as a Production and Transformation member of the Aluminium Stewardship Initiative (ASI). Presently the company wishes to upgrade the facility with Multi-Access Edge Computing (MEC) to keep up with the always-changing technological foreground. The sustainable, green, low-carbon project was founded in Funing County in the Wenshan Prefecture with the help of the national electrolytic aluminium capacity displace and transfer policy. The healthy hydropower resources of Yunnan Province also came in very handy for the unit to run. Yunnan Sunho ranks amongst the province’s ‘Double...
Hindalco Industries Limited further expanded its aluminium ingot and aluminium products prices, in line with the increase in global aluminium benchmark price. As of Friday, June 24, Hindalco’s aluminium ingot price closed at INR 225,750 per tonne, up by INR 2,250 per tonne or 1 per cent from INR 223,500 per tonne on the previous day. Hindalco also raised its aluminium wire rod and billets prices by INR 2,250 per tonne on Friday, June 24. While the former pegged at INR 236,850 per tonne versus INR 234,600 per tonne a day before, the latter settled at INR 239,850 per tonne compared to INR 237,600 per tonne. Hindalco links its aluminium ingot and aluminium products prices to the LME aluminium price, which as per the data ascended by US$24.5 per tonne or 0.99 per cent to close at US$2,480 per...
On 24 th June 2022, the Norwegian aluminium company Norsk Hydro was accused in a Dutch court, imputing the world’s biggest alumina refinery polluting a Brazilian river for years, engendering critical health issues for inhabitants. An association and nine victims together representing around 11,000 indigenous families from the north-eastern Brazilian river port of Barcarena are suing Hydro, its seven subsidiaries and shareholders out of which six are based in the Netherlands over alleged spillage from the Alunorte plant for at least 20 years. According to our report, one of the suitor’s lawyers said, “A lot of people have suffered horrible health effects as a result. That dates back at least two decades.” “Some developed various forms of cancer. Others developed skin diseases. Babies have...
The LME aluminium prices have ended this week lower at around US$2,436 per tonne, but with some intermittent hikes. On Monday, June 20, LME aluminium cash bid price dropped by US$12.5 per tonne to US$2,461 per tonne and LME aluminium official settlement price decreased by US$12 per tonne to US$2,462 per tonne. But the next day, on June 21, both the prices augmented by US$57.50 per tonne to US$2,518.50 per tonne and US$2,519.50 per tonne, respectively. However, the prices slipped on an alternate day again by US$63.50 per tonne and US$64 per tonne to settle at US$2,455 per tonne and US$2,455.50 per tonne, and escalated sequentially to US$2,478 per tonne and US$2,480 per tonne, as of June 23. On Friday, June 24, the prices finally closed at US$2,435 per tonne and US$2,436 per tonne, down by...
On Thursday, June 23, China’s aluminium billet inventories nosedived by 7,300 tonnes across three major consumption areas W-o-W to halt at 111,600 tonnes, from 118,900 tonnes a week before. Due to risk aversion following the recent aluminium ingot collateral controversy, certain billets were moved to different warehouses. The destocking process was sped up by an upstream restocking surge following a decline in aluminium prices. The stockpile of aluminium billets is anticipated to continue its decreasing trend throughout the next week. The figure below provides further information on the current state of aluminium billet inventories in China: The inventory in Foshan plunged by 6,700 tonnes to score at 60,200 tonnes from 66,900 tonnes a week ago. In Nanchang, the inventory slipped by 1,300...
ChemX Materials, one of the world’s most innovative developers of High Purity Alumina (HPA), is passing through the final stage of integrated process commissioning of its HiPurA high purity alumina (HPA) micro plant in Western Australia. The HiPurA process developed by ChemX is supposed to produce HPA using substantially lower levels of energy and reagent, ultimately decreasing the operational costs and capital expenditure than most contemporary producers. The purpose of the plant will be to enhance the methodologies and controls under a relentless operational scale producing 99.99 per cent concentrated HPA regularly. The plant is also cooperative as it offers samples of freshly constituted HPA for customer qualification tests. The COO of ChemX, Peter Lee, exclaimed that commissioning and...
The newly improved Norton Gemini Grinding and combination/pipeline wheels from Saint-Gobain Abrasives feature a 15 per cent quicker cut-rate and also include a new premium alumina grain. In comparison to goods from earlier generations, advanced bond technology and wheel hardness are optimised for performing quick cuts and offer up to 60 per cent longer life and metal removal per wheel. The updated wheels deliver a controlled yet aggressive sensation without the fatigue that other competitive high-performance wheels do since they were ergonomically engineered. A reminder of correct machine selection, safe operation, and essential personal protective equipment is also displayed on the new Gemini wheels, which have been upgraded with big, industry-standard iconography that can be read in any...
The world’s largest ‘premium aluminium’ producer, Emirates Global Aluminium (EGA) plans to develop renewable energy sourced (solar-powered) production facility for silicon metal. Silicon is one of the crucial raw materials essential in the manufacturing of premium aluminium production. However, the project will also form part of the ‘Operation 300billion’ and ‘Make in the Emirates’ initiatives. Abdulnasser Bin Kalban, the CEO of EGA said, “Developing a silicon metal manufacturing facility would secure our supply of a strategic raw material. Once we have met our demand we could expand further, creating a new growth opportunity for our company.” During the process of casting silicon metal is added to aluminium to create high-strength alloys, which are in extensive demand from the automotive...
According to a recent report, the Research Designs & Standards Organisation under the Ministry of Railways of the government of India has shared design specifications with the railway board for 100 light aluminium coaches based on the Train-18 concept to enable comfortable travel in the shortest possible time between major cities of the country. Director-General of RDSO, Sanjiv Bhutani, said: “Based on the current train-18 concept which runs over a distributed traction power system (self-propelled — do not require an engine) RDSO has forwarded specifications to develop 100 trains which can operate at 200 kmph. Further, the organization is working to design push and pull trains which also can cruise at 200 kmph.” In addition, RDSO has unveiled the specification for the development of a...
Coca-Cola Middle east and French Veolia Group have intertwined in a partnership where they would provide cost-free, door-to-door recycling services in the UAE with a unified intention to begin a waste sorting arrangement through an efficient recyclable collection scheme. RECAPP, the brainchild of Veolia, will take its first step towards plastic and aluminium waste collection. The companies aim at transforming various packaging waste materials into usable items with the primary intention to stop the endless dumping carried out in landfills. In 2021, Coca-Cola also acknowledged the launch of RECAPP as a pilot, a recycling solution offered by Veolia, the universal benchmark company for ecological transformation. The firms are enlisted as Circle Coalition partners working together to close...
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a steep downfall of 34,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, as of Thursday, June 23, the inventories totalled 751,000 tonnes, which in comparison with the previous week’s Monday, June 13, shrunk by an exponential 74,000 tonnes. As of now, the inventories in June has stooped 172,000 tonnes from the end of May and 124,000 tonnes lower than in the same period last year. Last week, on June 16, primary aluminium inventories fell by 68,000 tonnes from the week before across eight major consumption areas to come in at 785,000 tonnes. In Wuxi and Foshan, inventories continued to weaken due to dip-buying tendencies of downstream producers and a...
According to the latest data reported by the US Geological Survey, the United States’ aluminium crude metals and alloys imports from Argentina in the first quarter of 2022 (1Q2022) closed at 45,600 tonnes. However, on a Y-o-Y calculation, a surge of 282,200 tonnes or 162.06 per cent was recorded in 1Q2022. The amount for 1Q2021 closed at 17,400 tonnes. On a Q-o-Q calculation, a hike of 20,690 tonnes or 83.05 per cent was recorded in 1Q2022 from 24,910 tonnes in 4Q2022. The United States imported 23,300 tonnes of aluminium crude metals and alloys from Argentina in March 2022, which reflected M-o-M growth of 13,560 tonnes from 9,740 tonnes in February. On the other hand, in February, a drop of 2,760 tonnes or 22.08 per cent was recorded from 12,500 tonnes in January. In March 2022, the...
The founder of Russian aluminium giant Rusal and oligarch Oleg Deripaska commented by saying that Russia will seek to foster trade and investment liaison with India, China and Southeast Asian nations. Oleg Vladimirovich Deripaska, a Russian billionaire and industrialist, was once Russia's richest man but lost a substantial part of his fortune amid the 2007–08 financial crisis. Deripaska further added that following Russia’s geopolitical setback with Ukraine, Russia’s ingress to its conventional destinations of exports and imports is eminently restricted. Hence, Moscow glancing to mature new trade and investment ties with allies in Asia, including India, China and Southeast Asian countries. While speaking at the 25 th -anniversary edition of the St. Petersburg International Economic Forum...
With the growing concern about a clean and green environment, industry titans like Alcoa, a US aluminium company, and Dofasco, a Canadian steel company, are working to move closer to a green environment. However, due to energy and technological barriers, the task is getting more difficult. Talking about Alcoa, the local power authority in the United States is preventing attempts to restore Alcoa Intalco's massive aluminium smelter in Ferndale, Washington, as a green company that is powered by flowing water. Aluminium is one metal that is mentioned when it comes to sustainability and keeping a healthy environmental imprint. It has the potential to be extremely important in achieving global climate neutrality and promoting sustainable development. “If we can’t successfully reopen Intalco,...
LME aluminium opened at US$2,520 per tonne on Thursday and closed at US$2,438 per tonne, down US$71 per tonne or 2.8 per cent. LME aluminium cash bid price stood at US$2,478 per tonne, with a 0.94 per cent or US$23 per tonne escalation on Thursday, June 23. LME aluminium official settlement price halted at US$2,480 per tonne, experiencing an upward strike of 1 per cent or US$24.50 per tonne. 3-month bid price grew by 0.95 per cent or US$23.50 per tonne to stand at US$2,493 per tonne, while 3-month offer price experienced a US$24 per tonne or 0.97 per cent hike to close the week at US$2494 per tonne. December 23 bid price stood and December 23 offer price climbed up by US$15 per tonne rest at US$2,500 per tonne and US$2,505 per tonne, respectively. LME aluminium opening stock continued to...
The Dorchester, England-based aluminium products manufacturer that was founded more than 50 years ago, has been reported sold out for an undisclosed amount. The aluminium products-making company located on Poundbury Road is acquired by Shaftesbury-based Darren Taylor Holdings. Founded in 1971, Dorset Aluminium provides in-house manufacturing, metal spinning, and finishing services. The company currently employs 30 people. In the midst of the pandemic, Dorset supplied essential components required in the Covid testing machines. With an annual turnover of around £1.5 million, it was previously owned by Tim Perry, who retired in 2007 and Noel Hope. However, Hope will remain in the business as managing director. According to Darren Taylor Holdings, there will be no change to the running of...
Kawneer, an American manufacturer of architectural aluminium systems, provides aluminium façade solutions that are created to minimise environmental impact and aid in the certification of sustainable buildings. The business has drafted a plan for future-proofing its products in order to accomplish this. The usage of materials is a crucial component of Kawneer's sustainability approach. Aluminium is considered the most environmentally friendly building material because of its 100 per cent recyclable property. Aluminium made from recycling retains all of the physical properties of primary aluminium while using just 5 per cent of the energy required to make it. Additionally, the company has taken action to increase the transparency of its business practices. Kawneer can now track the carbon...
