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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On 21 st June 2022, the aluminium rolled product manufacturer Gränges rolls out its product brand for sustainable and circular solutions, Gränges Endure. The brand allows customers to select sustainable aluminium products and solutions of the highest quality with the least impact on the environment. The materials used in Gränges Endure products are low-carbon and recycled. Sofia Hedevåg, the SVP Sustainability at Gränges, said, “We are very proud to announce Gränges Endure, our new sustainable product brand. The brand will help our customers decarbonize their products and meet the demands of climate-conscious end-users. By choosing Gränges Endure, our customers help us make the aluminium industry and society at large more sustainable.” According to third-party verification, Gränges Endure...
China’s A00 aluminium ingot price has plunged by RMB 90 per tonne after witnessing a hike the previous day. As per the SMM data, the price on June 22 closed at RMB 19,770 per tonne, with the average price expected to stand between RMB 19,750 per tonne and RMB 19,790 per tonne and spot contracts trading at a premium price of RMB 0-40 per tonne. The A00 aluminium ingot price in all the Chinese provinces has witnessed a downfall. To begin with, the price in Gongyi and Linyi has dropped by RMB 150 per tonne and RMB 120 per tonne to score at RMB 19,860 per tonne and RMB 19,890 per tonne. In Wuxi and Hangzhou, the price has decreased by RMB 90 per tonne to peg at RMB 19,770 per tonne and RMB 19,820 per tonne. On the same day in Foshan and Chongqing, the price nosedived by RMB 120 per tonne and...
According to the data revealed by the General Administration of Customs on Wednesday, June 22, China’s bauxite imports recorded a historical high, totalling 11.97 million tonnes in May 2022. That was an increase of 7.6 per cent month-on-month and a hike of 31.4 per cent over a year. Australia stood as the leading exporter of bauxite ore to China in May, providing 3.09 million tonnes. On a month-on-month calculation, that was down by 0.95 per cent but registered a hike of 26.6 per cent over the year. As per General Customs, bauxite supply from Australia to China was relatively stable in May after seasonal fall at the beginning of the year. During the second quarter of 2022, Australia’s bauxite production increased, hence, the imports to China. Guinea, the second-largest exporter of bauxite...
In May 2022, primary aluminium production in Africa rebounded to 138,000 tonnes after a dip in the previous month. According to the International Aluminium Institute’s latest data, Africa’s primary aluminium output in May witnessed an increase of 7,000 tonnes or 5.34 per cent month-on-month. In April, the output stood at 131,000 tonnes, down by 6,000 tonnes or 4.38 per cent from 137,000 tonnes in March 2022. On a year-on-year calculation, Africa’s primary aluminium production in May’22 grew slightly by 2,000 tonnes from 136,000 tonnes, showed IAI. In the first five months of 2022, Africa’s primary aluminium production totalled 666,000 tonnes, flaunting a hike of 2.30 per cent or 15,000 tonnes from 651,000 tonnes during the corresponding period of last year. World primary aluminium...
The United States exported 10,100 tonnes of aluminium scrap to South Korea in the first quarter of 2022 (1Q2022), which on a Y-o-Y calculation nosedived by 54,900 tonnes or 84.46 per cent from 65,000 tonnes in 1Q2021. On a Q-o-Q comparison, a major decline of 81,400 tonnes or 88.96 per cent was recorded in 1Q2022, from 91,500 tonnes in 4Q2021. As per the latest USGS statistics, the United States exported 3,710 tonnes of aluminium scrap to South Korea in March 2022, which hiked by 90 tonnes or 2.48 per cent M-o-M from 3,620 tonnes in February 2022. In February 2022, a surge of 870 tonnes or 31.63 per cent was witnessed from 2,750 tonnes in January. On a Y-o-Y calculation, a dropdown of 15,990 tonnes or 81.16 per cent was recorded in March 2022, from 19,700 tonnes in March 2021. The total...
Ev Dynamics (Holdings) Limited, China’s primary supplier of new energy commercial vehicles, has bagged another purchase order from the Hong Kong Productivity Council to provide a fully electric bus for a non-governmental organisation (NGO) based in Hong Kong. This agreement succeeds two prior arrangements of the company with the Hong Kong Airport Authority and the Hong Kong Anti-Cancer Society. The production of the electric bus has been commissioned under a new purchase agreement between the Hong Kong Productivity Council and Ev Dynamics. This new bus will have a light aluminium alloy body frame with an immensely capable traction motor system. The vehicle will feature a full load-bearing electric bus chassis, high power yielding batteries ensuring stable power output, and other essential...
Hindalco Industries Limited has revised its aluminium products and aluminium ingot prices this week, which as per the data has drifted lower after back-to-back cuts on June 17 and June 18. As of June 21, Hindalco has slashed its aluminium wire rod price by INR 1,250 per tonne or 0.52 per cent to INR 234,600 per tonne, following a plunge of INR 2,250 per tonne to INR 235,850 per tonne on June18. Hindalco also axed its aluminium billets price by INR 1,250 per tonne on June 21 to sell the product at INR 237,600 per tonne. On June 18, the company was selling its aluminium billets at INR 238,850 per tonne, down by INR 2,250 per tonne from the previous day. Aluminium ingot price has also witnessed a drop of INR 1,250 per tonne or 0.55 per cent to peg at INR 223,500 per tonne, as against INR...
On Monday, June 20, Aluminium Bahrain B.S.C. (Alba) inaugurated a new Environment, Social and Governance (ESG) campaign across all its plants to reinforce Alba ESG Roadmap’s six priority areas, in line with Bahrain’s commitment to achieve net zero carbon emissions by 2060. The news came after Alba’s CEO Ali Al Baqali unveiled the campaign titled ‘A Journey, Not A Destination’ virtually to all employees, contractors’ workers, and representatives of other GCC aluminium smelters and Gulf Aluminium Council (GAC). During the programme, Al Baqali stated: “As a leading corporate citizen, we believe in producing responsibly and sustainably. Through our ESG Roadmap, we aim to establish a purpose driven culture that is focused on long-term value creation for our stakeholders and the society we...
According to the Shanghai Metals Market, social inventories of primary aluminium in China further dropped across eight major consumption areas, including SHFE warrants, on Monday, June 20. As per the data revealed, inventories totalled 757,000 tonnes, seeing a downfall of 28,000 tonnes over the weekend and a plunge of 68,000 tonnes week-on-week. Compared to the end of May, inventories on Monday recorded a sharp fall of 165,000 tonnes. The decline on Monday was primarily led by Wuxi and Nanhai due to transfer of cargoes to other warehouses and increased downstream purchases after aluminium prices pulled back. The chart below indicates the current status of inventories across China in more details: Among major Chinese provinces, primary aluminium inventories declined the highest in Wuxi by...
LME aluminium opened at US$2,500 per tonne on Monday and closed at US$2,514 per tonne, an increase of US$11.5 per tonne or 0.46 per cent. On Monday, June 20, LME aluminium cash bid price dropped by US$12.5 per tonne or 0.50 per cent, and LME aluminium official settlement price slipped by US$12 per tonne or 0.48 per cent to close at US$2,461 per tonne and US$2,462 per tonne. 3-month bid price and 3-month offer price slumped by US$20 per tonne or 0.8 per cent and US$21 per tonne or 0.83 per cent to come in at US$2,480 per tonne and US$2,481 per tonne. December 23 bid price and December 23 offer price declined by US$14 per tonne or 0.55 per cent to stop at US$2,498 per tonne and US$2,503 per tonne. LME aluminium opening stock halted at 404450 tonnes. Live warrants and Cancelled warrants for...
The aluminium technology company, Gränges which drives toward more sustainable aluminium products and solutions has manifested to raise its sustainability ambition and eyes to become climate neutral by 2040. Now as a part of its responsibility, Gränges commits to set science-based targets through the Science-Based Targets initiative (SBTi) and re-commits to the goals of the Paris Agreement. Over the previous five years, Gränges has delivered robust progression towards enterprising sustainability targets. The total carbon emissions magnitude has been diminished by 19 per cent versus baseline 2017, which peers to an annual slash rate of 5 per cent. The emission reduction has primarily been driven by increased circularity, and recycled volumes more than tripled in the same period....
AlCircle has come up with its latest sector focus report 2022, titled "The World of Aluminium Extrusions - An industry analysis with forecasts to 2027," which focuses on the expected production capacity, output and consumption across regions, applications across end-user industries and trade dynamics. The year 2022 brought with it a new era of optimism and ambition for the aluminium extrusion sector. 2022 witnessed the industry’s revival and recovery from its lost position in the market, which was affected by the pandemic. The report suggests that the global aluminium extrusion usage is expected to reach 31.8 million tonnes by 2022 and expand further at a rate of around 3.8 per cent per annum over the next five years, reaching 38.4 million tonnes by 2027. The building and construction...
Belonging from Kazakhstan, Eurasian Resources Group (ERG) has collaborated with a German organisation, ThyssenKrupp, to develop hybrid filter technology for its plants. In December 2021, ERG signed a contract with ThyssenKrupp to invest US$44 million or 19 billion tenge for developing four electric filters in sintering furnaces at ERG’s Pavlodar Alumina plant. Eurasian Resources Group (ERG) is attempting to decarbonise its projects utilising green hydrogen and renewable resources, as was cleared by the chairman, Board of Directors, Alexander Machkevitch. “We are exploring replacing fossil fuel oil in calcination kilns with green hydrogen, which can eliminate 100 per cent of direct greenhouse gas emissions,” Machkevitch notified. He also added that ERG plans to develop a renewable capacity...
According to the International Aluminium Institute, world primary aluminium production in May 2022 reported an increase of 3.64 per cent month-on-month to 5.805 million tonnes. In April, the output was at 5.601 million tonnes, down by 2.69 per cent from 5.756 million tonnes a month ago. On a year-on-year basis, world primary aluminium production in May 2022 registered a slight growth of 0.43 per cent from 5.780 million tonnes. In the first five months of the year, world primary aluminium production amounted to 27.972 million tonnes, down by 0.69 per cent from 28.165 million tonnes during the same period last year. China, the world’s largest producer and consumer of aluminium, churned out 3.420 million tonnes of primary aluminium in May, compared to 3.292 million tonnes in April. That was...
According to the data released by the General Administration of Customs on Saturday, June 18, China’s aluminium imports in May 2022 decreased by 16.4 per cent year-on-year. That brought the total imports to 188,469 tonnes of unwrought aluminium and aluminium products – including primary metal & unwrought and alloyed aluminium. So far this year, China’s monthly aluminium imports have been below 200,000 tonnes due to arbitrage window shut for cheaper overseas metal and weak downstream demand for the fresh COVID-induced lockdown. However, on a month-on-month calculation, the imports in May grew by 7.52 per cent or 13,180 tonnes from 175,289 tonnes, showed the General Customs data. On the other hand, China’s unwrought aluminium and aluminium products exports surged by 54 per cent from a year...
Etem Gestamp aluminium extrusions and Gestamp Etem Automotive Bulgaria S.A., both of them joined Aluminium Stewardship Initiative (ASI) as its new Industrial Users member. Etem Group and Gestamp Group have been working together to form a joint venture focusing on the extrusion and processing of aluminium profiles for the automobile sector since 2019. With this, both companies are planning to encourage the development of more sustainable aluminium industry in the future. With more than 50 years of expertise and constant presence in the design and manufacture of aluminium profiles, Etem Group is a market leader in aluminium extrusion. Etem was the first integrated designer and manufacturer of aluminium systems in Greece and is now one of the most well-known in SE Europe. ETEM grew into an...
In the Aluminum Association's definition, sheet aluminium is defined as being 0.008 inches thick to less than 0.25 inches thick. The thinnest aluminium is foil, 0.250 inches thick and the thicker aluminium is plate. Strips are sheets that are machined into units with smaller widths for specific uses. According to an overview by World Bank, slowly but surely, Iran's economy is emerging from a decade of stagnation due to two rounds of economic sanctions, oil price cyclicality, and the COVID-19 pandemic. In 2020/21, real GDP almost reached the level of 2010/11, and real GDP per capita fell to its 2004/05 level. The resurgence of the global and domestic activity in 9M-21/22 led to 5% year-on-year growth in the oil and service sectors (respectively 11.7% and 6.5% growth). The Western Asian...
SuperAlloy Industrial (SAI), the largest manufacturer of forged aluminium wheels has been successfully registered with the Aluminium Stewardship Initiative (ASI) as a Production and Transformation member. The company has gradually grown over the last twenty years, while in 2011 SAI extended its product inventory by introducing a new department, especially for precision engineering and production of automobile suspension parts and components. SuperAlloy Industrial Co. (SAI) first began its study and development of forged aluminium wheels in 2000 and in the start, General Motors (GM) was the company’s trusted customer. Both the firms have formed a solid partnership over all these years. By 2002, SAI received GM’s Tier 1 certification establishing a concrete business ground for the company....
