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...
Grow with
AL Circle
Bauxite with an Al/Si ratio of 5 and alumina content of 58 per cent was sold between RMB 425 per tonne to RMB 450 per tonne (including VAT, except resource tax, delivery to factory) in north Shanxi as of June 17. On the same day in Xiaoyi, Shanxi, it was traded between RMB 435 per tonne to RMB 475 per tonne. Bauxite with an Al/Si ratio of 4 and alumina concentration of 58 per cent was traded between RMB 435 per tonne to RMB 480 per tonne in Sanmenxia, Henan (excluding resource tax, including VAT, delivery to factory). Domestic bauxite prices in the northern areas have risen somewhat this month, from RMB 5 per tonne to RMB 10 per tonne, since obtaining bauxite has become increasingly difficult for alumina mills. Bauxite with an Al/Si ratio of 5.5 was sold for RMB 325 per tonne to RMB 370...
According to an industry report by the Australian Industry Energy Transitions Initiative (ETI), supported by some of the largest companies in Australia, it has been revealed that the regional manufacturing organisations, who are the immensely contributing to the economy of the nation can create the possibility to axe down the greenhouse gas emissions by more than 80% and as a turnout, Australia will attract multibillion-dollar investments in renewable energy sources. It is considered one of the most challenging aspects of Australia's endeavour to attain net-zero to cut emissions from the production of aluminium among other like iron, steel, chemicals and liquefied natural gas. However, the report from the Australian Industry Energy Transitions Initiative (ETI), a coalition between heavy...
LME aluminium opened at US$2,518 per tonne last Friday and closed at US$2,503 per tonne, down US$18.5 per tonne or 0.73 per cent. LME aluminium cash bid price stood at US$2473.50 per tonne, with a 1.06 per cent or US$26.50 per tonne slump, according to London Metal Exchange. LME aluminium official settlement price halted at US$2,474 per tonne, experiencing a similar downfall of 1.06 per cent or US$26.50 per tonne on June 17. 3-month bid price saw a 0.95 per cent or US$24 per tonne plunge, resulting in US$2,500. 3-month offer price was demoted by 0.91 per cent or US$23 per tonne to rest at US$2,502 per tonne. December 23 bid price stood at US$2,512 per tonne, dropping 0.24 per cent or US$6 per tonne. December 23 offer price closed at US$2,517 per tonne, moving down by US$6 per tonne or...
Coal India Limited (CIL), an Indian government-owned coal mining and refining corporation, is reportedly striving to decarbonise its operations, following the government’s energy transition push and net zero carbon emission target by 2070. Therefore, CIL is diversifying into aluminium production, solar power generation and coal gasification. The news came on Monday, June 20, after two officials aware of the matter said, while adding that the company is waiting for certain clearances to begin an integrated greenfield aluminium project in Odisha. As per the report, Odisha Chief Minister Naveen Patnaik has also approved the project. Stressing on the energy transition and diversification process, Union coal secretary Anil Kumar Jain recently said: “CIL is diversifying; they are getting into...
A00 aluminium ingot price in China has plunged by RMB 190 per tonne to score at RMB 19,720 per tonne as of Monday, June 20. As per the SMM data, the average prices are expected to range between RMB 19,700 per tonne and RMB 19,740 per tonne, with spot contract to be traded at a premium price of RMB 0 per tonne to RMB 40 per tonne. The A00 aluminium ingot price has witnessed a downfall in all the major regions of China. Starting with Gongyi, the price has nosedived by RMB 280 per tonne to peg at RMB 19,890 per tonne. The price in Foshan and Hangzhou has plummeted by RMB 210 per tonne to close at RMB 19,750 per tonne and RMB 19,760 per tonne. On the same day in Chongqing and Shenyang, the price has slumped by RMB 200 per tonne and RMB 90 per tonne, to halt at RMB 19,820 per tonne and RMB...
This week the end-user segment has witnessed some great news about innovations. In a quest to find life sources in Jupiter’s satellite Europa, NASA has developed an all-aluminium lightweight spacecraft, 'Clipper' scheduled to begin its journey in October 2024. While in Australia, Graphene Manufacturing Group Ltd., a clean-technology firm would erect a primary coin cell G+AI Battery manufacturing unit to commercially produce graphene aluminium-ion batteries in pouch cell format for the first time. NASA's journey to find alien life in our universe and beyond has made the organisation develop its most huge spacecraft until now, named Clipper. It resembles the size of a Range rover and is practically a cylinder of aluminium. It is supposed to have a height equivalent to a standard basketball...
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. To begin with, for the week, the Vietnam Ministry of Commerce announced the results of the second examination of anti-dumping measures imposed on certain Chinese aluminium imports. While in Europe, AMAG, the leading Austrian premium provider of the high-quality cast and rolled aluminium products, received recognition from the Vienna Stock Exchange Prize jury for the fifth time. The second evaluation of anti-dumping measures imposed on selected Chinese aluminium goods has been announced by the Ministry of Industry and Trade (MoIT). As a result, the anti-dumping duties on items with the codes 7604.10.10, 7604.10.90, 7604.21.90, 7604.29.10, and 7604.29.90 will be...
Colorado-based Ball Corporation is extending its activities in South America with a new production facility in Chilca, Peru. The beverage can manufacturer has estimated a production capacity of more than 1 billion aluminium cans each year and will start commercial supply by 2023. This publicised expenditure will permit the company to form a better supply chain for the growing packaging market in Peru and its nearby regions. The new plant has a compound that remains spread along a 95,000 square meter area in Chilca, Peru. Ball Corporation will initiate 100 direct and 300 indirect new positions due to an investment aimed at the production of multi-sized aluminium cans. Ball Corporation provides sustainable and innovative aluminium packaging solutions for beverages, household products and...
The price of aluminium on the London Metal Exchange (LME) dropped dramatically as a result of sluggish economic development, which further reduced the market's demand for the metal. Also, China's interest rate rise had been aided by the second wave of Covid-19 lockdowns. As a result of this, On Monday, June 13, LME aluminium cash bid price and LME aluminium official settlement price opened the week with a major downfall of US$105.5 per tonne or 3.91 per cent, which further went down by US$2 per tonne on Tuesday to settle at US$2,587 per tonne. Apart from this, the news of Bharat Aluminium Company Limited (BALCO), employing biomass briquettes as a fuel mix to increase the sustainability of thermal power generation, has garnered a significant response. Also, the news of Ghana planning to...
On June 17, Hindalco Industries Limited further declined its aluminium ingot and aluminium products prices by INR 7,750 per tonne or 3.30 per cent. That brought the company’s aluminium ingot price to INR 227,000 per tonne from INR 234,750 per tonne on June 14. As per the data revealed by the company, Hindalco’s aluminium ingot price underwent a slash of INR 8,000 per tonne or 3.29 per cent on June 14 to settle at INR 234,750 per tonne from INR 242,750 per tonne on June 11. Hindalco also dropped its aluminium wire rod price by INR 7,750 per tonne from INR 245,850 per tonne on June 14 to INR 238,100 per tonne on June 17. The price on June 14 was reduced by INR 8,000 per tonne from INR 253,850 per tonne on June 11. The price of aluminium billets nosedived by INR 7,750 per tonne as well, with...
BrewDog, a Scottish drinks company, has committed itself to reduce its carbon footprint with the new construction of a green gas plant that will generate energy to produce more than 176 million pints of beer per year at the company’s Ellon production base in Scotland. BrewDog claims that its new bio-energy plant worth £12 million can reduce carbon emissions by 7,500 tonnes per year when operating with its total capacity. During the second half of Thursday, June 16, the plant was revealed by BrewDog authorities. Recycling is an indispensable part of the aluminium industry which is both viable and sensible economically, technically and ecologically. It also saves energy, as it only consumes 5 percent of the total energy required to generate aluminium from its ore, which means lesser carbon...
On Thursday, June 16, China’s aluminium billet inventories nosedived by 21,100 tonnes to settle at 118,900 tonnes W-o-W across five major consumption areas. The social inventory, on the other hand, was dragged down by strong replenishing demand with lowering aluminium prices. In Wuxi, Changzhou, and Huzhou, the downstream purchased on-demand, are resulting in destocking. Apart from improving demand, the market will be watching the effects of the aluminium promise controversy. Inventory levels in Foshan plunged the highest by 13,300 tonnes to close at 66,900 tonnes, from 80,200 tonnes a week ago. In Changzhou and Huzhou, a drop of 1000 was recorded to settle at 12,700 tonnes and 20,000 tonnes, respectively. On a W-o-W calculation, a drop of 5,000 tonnes was witnessed in Nanchang, to halt...
Founded in 1971, Norweld is Australia’s one of the most trusted heavy-duty trays and canopy providers for pick-up trucks or utes. In response to the rising demand for long-lasting, locally constructed trays and canopies, Norweld has unveiled its latest ute trays, full-time canopies and wind-off canopies comprised of heavy-duty aluminium and steel. These products are made by Australians. The growing demand for locally made strong trays and canopies for work or casual utility has inspired Norweld to come with the mentioned products. The tubs manufactured in factories are easily damaged or scratched due to heavy loads. Sometimes heavy-duty work equipment can cause scratches or dents to appear on the stock tub and chassis. With this release, Norweld offers its customers durable aluminium...
The development of cutting-edge technologies, precise market positioning, and valuable customer research has driven the demand for aluminium bar rods and profiles at a high speed. The increase in the demand for aluminium profiles in the Croatian construction and building sector has given a chance to aluminium extruders to export bar rods and profiles to this country. Aluminium is extensively used in building due to its inherent properties of lightness and corrosion resistance. According to the analyst, Croatia's construction industry will grow by 7.8% in real terms in 2021, up from 4.5% earlier this year. Civil engineering and building construction, which grew strongly in Q2 2021, was largely responsible for the upward revision. The nation at the crossroads of Central and Southeast...
The Fantom Drives GFORCE 3 external hard drive series, comprised of durable aluminium, is simple to use and a vital component for any device. The use of aluminium makes it a good heat absorber allowing the GFORCE 3 to run without a fan and in complete silence. As per the latest information, customers can purchase the Fantom Drives GFORCE 3 external hard drive at a good discount rate. The sleek black aluminium chassis has a lot of capacity and is equipped with a USB 3.2 Gen 1 (5Gbps) interface, which makes high-speed transfers from one machine to the drive and vice versa a lot easier and faster. This drive may also be used to significantly increase the amount of game storage available on an Xbox or PlayStation. One of the main reasons why the use of aluminium in the electronics sector is...
Vedanta Limited cuts its aluminium products and aluminium ingot prices, with effect from Friday, June 17, marking the third consecutive fall of prices since June 11. The company’s aluminium billet price has seen a deduction of INR 7,750 per tonne or 3.18 per cent to INR 235,750 per tonne as of June 17. The price on June 14 was at INR 243,500 per tonne, seeing a downfall of INR 8,000 per tonne. Vedanta’s aluminium wire rod price also experienced a cut of INR 7,750 per tonne to INR 234,250- 241,750 per tonne, as against INR 242,000- 249,500 per tonne after losing INR 8,000 per tonne on June 14. Aluminium ingot price is no exception but seen a decline to 226,750- 259,750 per tonne, from INR 234,500- 267500, as shown by Vedanta’s latest price chart. Vedanta Limited links its aluminium ingot...
Neo-Primitive, a unique aluminium chair fabricated by Lee Sisan in collaboration with RIMOWA, will be displayed at the 'As Seen by' exhibition in South Korea. This elegant piece of furniture is made from cast aluminium branches and grooved aluminium sheets, which are also used in RIMOWA baggage. The chair's legs are made of tree branches taken from nature and covered in aluminium via sand casting. On top of this organic framework, aluminium sheets joined by bolts create a delicate relationship of opposing shapes and textures. With its rear branch leg protruding from behind the elaborate back sheet, the one-of-a-kind aluminium chair climbs to a height of 1.8 metres. The aluminium throne's skeleton is made by leaning the branches against each other to support the metal sheets. Because of...
The London brewery Small beer is now offering its IPA beverages Small Beer Lager, Small Beer Session Pale, and Small Beer in aluminium cans. Felix James, the Co-founder of Small Beer said: “Between production and consumption, aluminium cans are more environmentally friendly than bottles on virtually every front. Aluminium cans are significantly lighter than bottles, they hold more volume and they stack neatly in slabs for efficient transport.” “As aluminium cans are also flexible rather than brittle, they are far less likely to be damaged in transit than bottles, which helps to reduce wastage in a modern e-commerce sales environment.” However, a stylish 350ml bottle is available from the brewery with a short neck. On this James added, “Despite holding more beer than a typical 330ml long...
