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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National Aluminium Company Limited (NALCO) has again slashed INR 10,300 per tonne like last week from its aluminium ingot and aluminium products prices, marking the third consecutive cut since May 28. With effect from June 16, NALCO’s aluminium ingot price came in at INR 233,650-237150 per tonne versus INR 243,950 – 247,450 per tonne on June 8. NALCO’s aluminium wire rod price has also witnessed a cut of INR 10,300 per tonne, with effect from June 16, to stand at INR 236,150-240,500 per tonne. A week ago, the price hovered around INR 246,450 – 250,800 per tonne. Aluminium billets price stood at INR 237,100-239750 per tonne as of June 16, seeing the same amount of cut from INR 247,400 – 250,050 per tonne last week. NALCO links its aluminium ingot and aluminium products prices to the...
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a sharp decline of 68,000 tonnes week-on-week. Therefore, as of Thursday, June 16, the inventories totalled 785,000 tonnes, which in comparison with Monday, June 13, dwindled by 40,000 tonnes. Last week, on June 9, primary aluminium inventories fell by 29,000 tonnes from the earlier week across eight major consumption areas, including SHFE warrants, to come in at 853,000 tonnes. This reflects an increased rate of downfall in inventories, attributing to the active transactions amid falling aluminium prices. The chart below indicates the current status of primary aluminium inventories across China in more details: Among eight major Chinese provinces, Wuxi experienced the highest fall on June 16, as...
LME aluminium opened at US$2,619 per tonne on Thursday and closed at US$2,521.5 per tonne, down US$93.5 per tonne or 3.58 per cent. On Thursday, June 16, both LME aluminium cash bid price and LME aluminium official settlement declined by US$79 per tonne or 3.06 per cent and US$79.5 per tonne or 3.08 per cent to settle at US$2,500 per tonne and US$2,500.50 per tonne. 3-month bid price and 3-month offer price plunged by US$70 per tonne or 2.69 per cent and US$69.5 per tonne or 2.67 per cent to close at US$2,524 per tonne and US$2,525 per tonne. December 23 bid price and December 23 offer price also went down by US$62 per tonne to halt at US$2,518 per tonne and US$2,523 per tonne. LME aluminium opening stock stopped at 411575 tonnes. Live warrants and Cancelled warrants recorded at 172000...
Dudley’s Aluminium, a Cardiff-based aluminium fabricator, has reportedly bagged a project from a multi-award-winning construction company Beard Construction to install AluProf capped curtain walling, silicone glazed curtain walling, and windows and doors in the extension to the office development at Bristol. As per the contract signed, Dudley’s Aluminium will install fire-rated windows and doors as well as automatic entrance doors to the building. Colin Shorney, Managing Director at Dudley’s Aluminium, has expressed his elation to work with Beard Construction for the first time. ““This is our first project with Beard Construction, and we hope it is the start of a long and fruitful partnership with the company.” Colin added, “We are thrilled to be a part of this project in the heart of...
Germany is known as the home of Automotive Engineering. Aluminium alloy ingots are extensively used in the sand casting process for making critical components of various Engineering and Automotive Industries. Popular components like Aluminium alloy wheels of cars and the oil sump of auto engines are made using this alloy. The largest manufacturing economy in Europe, Germany imported 4.07 million tonnes of aluminium alloy ingots during 2019-21, incurring a revenue outflow of around $7.01 billion for the import. In 2019, the Western European nation, Germany imported 1.2 million tonnes of aluminium alloy ingot, which counted an expenditure of $1.99 billion, whereas, in 2020, the import witnessed a growth of 7.50%, as the import volume excelled to 1.29 million tonnes, while expenditure sunk...
The leading Austrian premium supplier of high-quality cast and rolled aluminium products, AMAG, since its IPO launch in 2011 has been dedicated to transparent and full-scale reporting on the company's economic, environmental and social issues. AMAG's stakeholder report has become more informative and engaging in recent years as the organization has developed its structure and content. It has been a delightful moment for AMAG, as all the above-mentioned efforts have now been recognised by the Vienna Stock Exchange Prize jury for the fifth time. However, the aluminium supplier to a wide range of industries won first place in 2021 and this year the company secured third place in the Mid Cap category, i.e. among those companies with mid-market capitalisation. The pivotal aspects for the...
A00 aluminium ingot price in China has extended its rise for the second day in a row by RMB 90 per tonne to RMB 20,160 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 20,140 per tonne and RMB 20,180 per tonne, with spot contract to be traded at a discount price of 20 and a premium price of RMB 20 per tonne. In Foshan, the primary aluminium ingot price has recorded a maximum hike of RMB 150 per tonne to RMB 20,210 per tonne, followed by the increase of RMB 80 per tonne in Wuxi to RMB 20,170 per tonne. In Hangzhou and Chongqing, A00 aluminium ingot price has escalated by RMB 70 per tonne and RMB 60 per tonne to come in at RMB 20,170 per tonne and RMB 20,220 per tonne, respectively, while the price in Shenyang and Tianjin has expanded by RMB...
LME aluminium opened at US$2,567 per tonne on Wednesday and closed at US$2,615 per tonne, up US$57 per tonne or 2.23 per cent. But LME aluminium cash bid price and LME aluminium official settlement price continued to drop on June 15, marking the fifth consecutive day of downfall. Both the prices experienced a fall of US$8 per tonne to come in at US$2,579 per tonne and US$2,580 per tonne, respectively. 3-month bid price and 3-month offer price stood at US$2,594 per tonne and US$2,594.50 per tonne, down by US$16 per tonne and US$16.50 per tonne, respectively. December 23 bid price and December 23 offer price closed at US$2,580 per tonne and US$2,585 per tonne, seeing a fall of 0.31 per cent from the previous day. LME aluminium opening stock further decreased to 416125 tonnes as of June 15....
The clean-technology developing company Graphene Manufacturing Group Ltd. has publicized that the company has commissioned its graphene aluminium-ion batteries ("G+AI Batteries") in pouch cell format and that the first G+Al battery pouch cells have been produced. GMG's existing pilot production and testing facility ("Battery Pilot Plant") has enabled the operation of the Battery Development Centre ("BDC") to empower a wide variety of applications for the battery technology. Craig Nicol, the Managing Director and CEO of GMG said: "The commissioning of our pouch cell manufacturing equipment is another important milestone for GMG. It allows us to capitalise on the experience already gained with coin cell development and testing to open the avenues for our technology to a much broader...
On June 14, HP revealed Spectre x360 series laptops in India powered by the 12th Gen Intel Core processor and OLED touchscreens of up to 4K resolution with a 120Hz refresh rate. As HP claims, the laptop frame is composed of ocean-bound plastics and recycled aluminium. The laptops come in two brilliant colour formats nightfall black with pale brass undertone and nocturne blue with a celestial blue tinge. These latest laptops feature 13.5-inch or 16-inch screen sizes, each with an aspect ratio of 3:2 to maintain a 91 per cent screen-to-body proportion. One can pre-book the laptop through HP India online portal, and both the sizes are Intel Evo Core i7 equipped. The Sr. Director Personal Systems, HP Inc. India, Vickram Bedi narrated in a statement: “At HP, we focus on insights-based...
Sunalco Alloys Pvt Ltd has joined ASI as a member of the Production and Transformation group. Sunalco Alloys Pvt. Ltd. is a non-ferrous metal recycling company that makes various grades of aluminium alloys as a final product. They serve as a vital link between scrap collectors, processors, recyclers, and manufacturers, thus completing the recycling loop. Founded in 2005, the company has developed dramatically over the last decade, increasing its manufacturing capacity year after year and becoming one of the industry's global leaders. For High Pressure Die Casting, LPDC, Sand, and Gravity Die Casting, Sunalco Alloys met the different needs of clients in conventional and unique alloys. The current facilities of Sunalco include six reverberatory type aluminium melting furnaces, each with a...
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 hoop and will also feature solar panels that, if spread can shield an entire basketball court. It is surprising to acknowledge that one abundantly available material, aluminium has been used to make the spacecraft. Basically, due to the lightweight properties of aluminium, the metal is preferred in aviation and space industries. The Clipper is supposed to leave for extra-terrestrial exploration in October 2024. The photos of the spacecraft’s finalised body were released by NASA on June 7,...
In 1Q2022, the United States exported 20,900 tonnes of aluminium scrap to Mexico, which reflected a downfall of 24,200 tonnes or 53.65 per cent Y-o-Y from 45,100 tonnes in 1Q2022. In 4Q2022, the amount of aluminium scrap exported by the United States to Mexico closed at 40,000 tonnes, which on a Q-o-Q calculation recorded a decline of 19,100 tonnes or 47.75 per cent in 1Q2022. According to the USGS data, the amount of aluminium scrap exported to Mexico by the United States in March 2022 closed at 8,460 tonnes, which hiked by 17.01 per cent or 1,230 tonnes M-o-M from 7,230 tonnes in February 2022. In February 2022, a surge of 2,020 tonnes or 38.77 per cent was recorded from 5,210 tonnes in January 2022. On a Y-o-Y calculation, the amount had nosedived by 9,140 tonnes or 51.93 per cent in...
Hindalco Industries Limited continued to trim its aluminium ingot and aluminium products prices in line with the downtrend price on the London Metal Exchange. With effect from June 14, Hindalco slashed its aluminium ingot price by INR 8,000 per tonne or 3.3 per cent to INR 234,750 per tonne. On June 11, the company’s aluminium ingot price stood at INR 242,750 per tonne, seeing a cut of INR 5,500 per tonne or 2.22 per cent. Hindalco Industries also reduced its aluminium wire rod price by INR 8,000 per tonne from INR 253,850 per tonne on June 11 to INR 245,850 per tonne on June 14. Aluminium billets price was no exception but experienced a cut by the same amount to INR 248,850 per tonne. With effect from June 11, the price came in at INR 256,850 per tonne, down by 2 per cent from the...
The Energy and Resources Institute (TERI) has recently published a pioneering study in India that compares the most popular beverage containers and finds that aluminium cans have the lowest Global Warming Potential (GWP). The Life Cycle Assessment, which is also known as LCA is a methodology for assessing environmental impacts associated with all the stages of the life cycle of a commercial product, process, or service. The Life Cycle Assessment (LCA) measured the environmental sustainability of aluminium cans, glass bottles, PET plastic bottles, and multilayer packaging (MLP). A total of 18 categories of environmental impact were assessed for the packages, including GWP, water consumption, acidification, and material circularity. Among the containers evaluated were 250 ml and 500 ml...
LME aluminium opened at US$2,637 per tonne on Tuesday and closed at US$2,558 per tonne, down US$79 per tonne or 3 per cent. LME aluminium cash bid price collapsed to US$2,587 per tonne with a 0.08 per cent or US$2 per tonne decline, according to London Metal Exchange. The LME aluminium official settlement price halted at US$2,588 per tonne, experiencing a downfall of 0.06 per cent or US$1.50 per tonne, on June 14. The 3-month bid price and the 3-month offer price escalated by 0.19 per cent or US$5 per tonne to US$2,610 per tonne and US$2,611 per tonne, respectively. December 23 bid price stood at US$2,588 per tonne, rising 0.5 per cent or US$13 per tonne. The December 23 offer price closed at US$2,593 per tonne, going up by US$13 per tonne or 0.5 per cent. LME aluminium opening stock...
Egypt Aluminum Company, more popularly known as Egyptalum, the largest aluminium producer in Egypt and one of the largest in Africa, is contemplating revamping its current plant in a bid to enhance production efficiency of equipment and maintain the output capacity at 320,000 tonnes per annum. The news came on June 12 after a statement was filed to the Egyptian Exchange (EGX), saying that the cost to be involved in the development of the plant is not yet determined. As per the report, study has found the development of the seventh production line is feasible, provided the cost of the kilowatt-hour is 58 piasters. In early May, Egyptalum had reported a profitable first nine months of the fiscal year ended March 31, 2022. The company achieved a net profit after tax of EGP 1.68 billion...
The international energy, real estate and transport law firm, Watson Farley & Williams (“WFW”) has advocated Greenalia on the negotiation and execution of a long-term power purchase agreement (“PPA”) to supply up to 183 MW of baseload wind energy to Alcoa’s San Ciprián aluminium smelter in Spain. The A Coruña, Spain headquartered independent renewable energy producer, Greenalia is operating across Europe, especially the Iberian Peninsula, the Canary Islands, and the United States. In all areas where it operates, the company uses wind, solar, and biomass energy from certified plants to make electricity, creating green jobs and bringing innovation. The electricity will come from a group of up to 29 wind farms Greenalia plans to install in the northern region of Galicia, with a focus on...
