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 Wednesday, June 15, the A00 aluminium ingot price in China halted at RMB 20,070 per tonne, after witnessing a hike of RMB 150 per tonne. As per the SMM data, the average price is expected to stand between RMB 20,050 per tonne and RMB 20,090 per tonne, with spot contract to be traded at a premium price of RMB 70 per tonne to RMB 110 per tonne. The primary aluminium ingot price in Hangzhou and Chongqing has hiked by RMB 170 per tonne to settle at RMB 20,150 per tonne and RMB 20,120 per tonne. On the same day, the price in Gongyi and Foshan has surged by RMB 210 per tonne and RMB 200 per tonne to stop at RMB 20,260 per tonne and RMB 20,060 per tonne. The price in Wuxi and Shenyang has ascended by RMB 160 per tonne and RMB 120 per tonne to halt at RMB 20,090 per tonne. As per the SMM data,...
Capral Aluminium, one of Australia’s leading providers of aluminium products and associated services, has joined the Aluminium Stewardship Initiative, aiming at achieving ASI Performance Standard and Chain of Custody Standard certifications for its operations by mid-2024. As per the report, the company has joined as a Production and Transformation member, representing the first aluminium extruder in Australia to join ASI. Michael OKeefe, General Manager of Marketing & Technology and head of Sustainability at Capral Aluminium says the company has realized the importance of being acknowledged by the leading industry benchmarks. Certifications from ASI will help them meet sustainability commitments with transparency and credibility, which is fundamentally important for customers and end...
The European leader in the manufacture and sale of aluminium rolled products to diverse industries worldwide, Aluminium Duffel (The Belgian rolling mill in Duffel near Antwerp) will pursue to functionalize under the ownership of American Industrial Partners (AIP) from 14 th June 2022. Aluminum Duffel's history can be traced back to 1946 when the Feron family founded the aluminium rolling mill. Currently, it is the leading manufacturer of aluminium rolled products for various industries, such as Architecture & Design and ABS (Automotive Body Sheet). The company aims to be a leading rolling mill that offers customers low-carbon aluminium products. Geert Vannuffelen, the General Manager of the Aluminium Duffel said: “Today marks a milestone in our company’s history. We are looking forward to...
The Indian Institute of Technology (IIT) Guwahati has revealed a progressive piece of work by researchers coming together to create a prosthetic leg designated for the Indian sub-terrain. The prosthetic has been designed especially for roads that are not uniformly spread and for activities associated with the Indian tradition of cross-legged sitting or deep squatting. The leg can be customised to fit an individual of any age or size. These legs are available in three majorly sustainable materials, stainless steel, polymers and aluminium alloys. As per the statement by IIT Guwahati, “This research was funded by the Ministry of Education, Government of India and the Department of Biotechnology, Government of India. IIT Guwahati researchers collaborated with 151 Army Base Hospital, Guwahati;...
The Belgium-based global provider of aluminium solutions, Reynaers Aluminium has recently finished off a vital project in the UAE, where the company was stationed to install its high-performance systems. The installation is to beautify and construct the intricate exterior of Al Fattan Downtown residential towers, an enormous three-tower complex situated in Dubai. While explaining the scope of the project, the Managing director of Reynaers Middle East, Ali Khalaf notified that the towers have a noteworthy total aluminium surface area of 45,700 square metres, whose instalments were provided by Reynaers Aluminium for it is one of the most trusted companies in Dubai. “The systems installed at Al Fattan Downtown residential towers include the Company’s widely-used Concept Wall 86 Male-Female...
Vedanta Limited has more significantly reduced its aluminium ingot and aluminium products selling prices, with effect from June 14, in response to the LME aluminium price plunge for the third consecutive day. Vedanta has notified a cut of INR 8,000 per tonne or 3 per cent on its aluminium ingot to sell it at INR 234,500- 267500 per tonne versus INR 242,500 -275,500 per tonne on June 11. Vedanta’s aluminium wire rod price has also suffered a loss of INR 8,000 per tonne, ranging between INR 242,000- 249,500 per tonne, with effect from June 14. On June 11, the company’s aluminium wire rod price stood at INR 250,000-257500 per tonne after being reduced by INR 5,500 per tonne. Aluminium billets price has come in at INR 243,500 per tonne, also down by INR 8,000 per tonne from INR 251,500 per...
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 reviewed. On September 28, 2020, MoIT announced the decision to levy anti-dumping taxes of 2.49 per cent to 35.58 per cent on selected aluminium goods originating in China. In January 2019, the government launched an inquiry into the anti-dumping case. The aluminium industry in the United States was determined to be harmed as a result of the study. The Ministry of Industry and Trade is the Vietnamese government ministry in charge of industry and trade advancement, promotion, governance, regulation,...
China’s social inventories of primary aluminium decreased over the weekend by 28,000 tonnes across eight major consumption areas, including SHFE warrants, to come in at 825,000 tonnes on Monday, June 13, found the Shanghai Metals Market. On a week-on-week calculation, the inventories recorded a plunge of 49,000 tonnes or 5.61 per cent, showed SMM. This fall indicates the fact that the actual transaction situation is not as strong as the destocking trend. The chart below indicates the current status of primary aluminium inventories across China in more details: In Nanhai and Wuxi, primary aluminium inventories plummeted by 16,000 tonnes and 15,000 tonnes over the weekend to stand at 203,000 tonnes and 333,000 tonnes, respectively. Over the week, the inventories in those two provinces...
Aluminium has become pervasive and crucial in their daily lives. In the industrial field, aluminium alloys offer tremendous variety and many benefits, transforming nearly every industry and this includes the proliferation of high-pressure gas cylinders, as storage of gas is an imperative component. It used to be extremely difficult and expensive to store and access gases of all types, ranging from the most toxic to ordinary air. Due to the development of aluminium alloys, there are now many easy and cost-effective solutions available. Gases that are compressed are stored under pressure in cylinders. Compressed gasses are classified as liquefied gasses, non-liquefied gasses, and dissolved gasses. It is usually measured in pounds per square inch gauge (PSIG) or kilopascals. The most common...
Nothing a UK-based privately held consumer tech company has announced that its first smartphone titled, ‘Phone (1)’ will be finally revealed to the customer on July 12. As per Carl Pei, the CEO and co-founder of Nothing, the smartphone is constructed using 100 per cent recycled aluminium. On June 13, the company released a teaser picture of the much-awaited smartphone, revealing that the Nothing Phone (1) is likely to flaunt flat edges and rounded corners. As per the data, Nothing's worldwide growth efforts will be aided by O2, Telekom Deutschland, and Flipkart, bringing phone (1) one step closer to its summer arrival. “When we started Nothing we wanted to bring back the excitement we once felt for the tech industry. Joining forces with leading telcos and retailers, we look forward to...
According to the Shanghai Metals Market, the average operating rate of secondary aluminium alloy producers saw a 1.96 percentage points of M-o-M hike to stand at 45.89 per cent in May 2022. But on a yearly basis, the operating rate faced a downfall of 13.67 percentage points. The monthly increase in secondary aluminium alloy producers operating rates could be attributed to the resumption of production at most of the alloy plants in Jiangsu, Zhejiang, and Shanghai at the end of April and the recovery of transportation with the improvement of the COVID pandemic. The pressure from the backlog of orders and finished product inventories also eased. However, amid this there had been a slow recovery of end-use product consumption, especially in the automobile industry, which resulted in lower...
On 13 th June 2022, Guinea’s second sizeable bauxite mining company, Compagnie des Bauxites de Guinée (CBG) stated that alumina refineries will be built in Guinea in the coming years; however, these projects demand substantial investments and are complex by nature. The above statement of CBG has come following the new behest from Guinea’s junta government , which is desirous to foster mineral processing in the country. On 10 th June 2022, the present government of the West African nation, Guinea said, “Ten days from now, the bauxite mining companies will present a roadmap for constructing alumina refineries, extending a deadline the companies missed at the end of May.” Approximately half of China's bauxite imports come from Guinea, Africa's largest producer of bauxite and the...
LME aluminium opened at US$2,674 per tonne on Monday and closed at US$2,637 per tonne, down US$45.5 per tonne or 1.7 per cent. On Monday, June 13, both LME aluminium cash bid price and LME aluminium official settlement price dropped majorly by US$105.5 per tonne or 3.91 per cent, due to the sluggish economic development resulting in reduced market demand for the metal. The price for the same closed at US$2589 per tonne and US$2589.50 per tonne. 3-month bid price and 3-month offer price plunged by US$104.5 per tonne or 3.85 per cent and US$104 per tonne or 3.83 per cent to halt at US$2,605 per tonne and US$2,606 per tonne. December 23 bid price and December 23 offer price declined by US$83 per tonne to come in at US$2,575 per tonne and US$2,580 per tonne. LME aluminium opening stock...
Ghana, popularly known for abundant bauxite reserves, is now reportedly aiming at creating an integrated aluminium industry in the country, said Ghana Lands and Natural Resources minister Samuel Jinapor on Monday, June 13. With that aim, Ghana is running campaigns and trying its best to find a strategic partner which would help upgrade a state-owned Volta Aluminium Company’s (VALCO) aluminium smelter, said Jinapore on the same day at the Africa CEO Forum conference in Abidjan. "Today we are insisting ... that exploration, prospecting, mining, refining, smelting, the downstream industry, all of it must be in Ghana," Jinapor said. Ghana’s move to turn the country into an integrated aluminium producer and expand domestic processing capabilities looks like Africa’s another top bauxite...
Kawasaki has revealed its aluminium frame all-electric vehicle, the Elektrode, to consumers worldwide. It is a balancing bike for kids between the ages of three to eight years. One can pedal the bike for at least 2.5 hours after charging just once. The Kawasaki Elektrode showcases an aluminium frame, brightly coated in the signature Kawasaki Lime Green colour tone. The bike runs on two 16-inch cast aluminium wheels with tires suitable for off-road riding and the total weight amounting to a wholesome 15 kg. Also, it features a broad handlebar and an enlarged seat to make kids between the age of three and eight years comfortable. The handlebar and seat are open to adjustments according to the rider's height. This revelation marks Kawasaki’s first step toward the world of electronic...
Polini, an Italian aftermarket expert, has introduced new aluminium clutch housing for classic Vespa models. With a price tag of 139 euros ($149 USD), the new Polini clutch case is simple to install and has a rack actuator that allows the clutch control to glide smoothly and with little friction. This characteristic makes it ideal for clutches with upgraded spring loads used in racing engines while also making the regular clutch control exceptionally smooth and soft. To eliminate corrosion issues, the new Polini clutch case for Vespa has a stainless steel control level and return spring. To prevent oil leaks, the package includes a gasket with silicon cords. The aluminium clutch housing, on the other hand, is also appropriate for daily use. Despite being a performance-oriented device, the...
China’s Shanghai Metals Market disclosed the metallurgical-grade alumina output amounted to 6.955 million tonnes in May 2022 (31 days), flaunting M-o-M increase of 12.16 per cent from 6.201 million tonnes and Y-o-Y rise of 12 per cent from 6.210 million tonnes. The average daily output of metallurgical-grade alumina was 224,400 tonnes. The total alumina output in the first five months of the year came in at 31.046 million tonnes, witnessing a 5.2 per cent rise from around 29.43 million tonnes of production during the same period last year. The month of May has one extra day with a naturally heightened production ratio, resulting in more output around China. The introduction of new capacities exponentially raised the output in Chongqing and Hebei by 224 per cent and 119 per cent M-o-M to...
According to the USGS data, the United States imported 151,000 tonnes of aluminium scrap from Canada in 1Q2022, which registered a drop of 16,000 tonnes or 9.58 per cent Y-o-Y from 167,000 tonnes in 1Q2021. In 4Q2021, the total amount of aluminium scrap imported from Canada by the United States settled at 94,100, highlighting a Q-o-Q hike of 56,900 tonnes or 60.46 per cent in 1Q2022. As per the data, the amount of aluminium scrap imported from Canada by the United States in March 2022 settled at 33,000 tonnes, which on M-o-M basis surged by 7,800 tonnes or 30.95 per cent from 25,200 tonnes in February 2022. In February 2022, the amount of aluminium imported from Canada was pegged at 25,200, which declined by 1,800 tonnes or 6.66 per cent from 27,000 tonnes in January. On Y-o-Y...
