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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Exponential growth in aluminium can demand has put the beverage industry into a supply challenge since a considerable period of time now. But a new aluminium can plant in Nashua is expected to resolve the problem, as announced in a press release by G3 Enterprises, a logistics and supply company for the US beverage industry. The plant, being built by KJ Can USA, a subsidiary of the Korea-based KJ Co. Ltd, is expected to produce hundreds of millions of cans a year. Currently, the plant is under construction on Burke Street, and in the future it has a plan to expand its capacity. The shortage of can became acute during the pandemic, particularly for small-scale craft brewers and beverage producers because many larger manufacturers raised the size of minimum orders or simply stopped working...
On Friday, June 10, the average alumina spot price in China stopped at RMB 2,964 per tonne, declining by RMB 8 per tonne, as the SMM data shows. The alumina price in Henan has dropped by RMB 15 per tonne to halt at RMB 3,035 per tonne. Alumina's price in Guizhou has marked RMB 5 per tonne fall, resulting in RMB 2,950 per tonne. Lastly, the alumina price in Shanxi has stooped down RMB 10 per tonne to close at RMB 2,880 per tonne. A00 aluminium price in China has plunged by RMB 280 per tonne on Friday, June 10, to close the week lower at RMB 20,500 per tonne, as the Shanghai Metals Market data read. The average aluminium prices are expected to range between RMB 20,480 per tonne and RMB 20,520 per tonne, while spot contracts trading at a discount price of RMB 90 per tonne and RMB 50 per...
Loop Energy, the industry-leading developer, manufacturer and supplier of hydrogen fuel cell systems for vehicle OEMs has publicized that it is all set to step into the Australian bus market as a supplier of fuel modules. The Vancouver-Canada headquartered, Loop further stated that it will supply its products to the developer of Australia’s first lightweight bolted aluminium city bus chassis, Aluminium Revolutionary Chassis Company (ARCC). The first Australian customer of Loop Energy is ARCC and it emphasizes Australia’s rising interest in plying hydrogen-electric buses to attain emissions depletion targets. “Our fuel cell module will be integrated into ARCC’s Viking Hydrolight city bus model that aims to be running in service by 2023”, Loop Energy said. “We built its system around ARCC’s...
On Thursday, June 9, aluminium billet inventory in China expanded by 12,900 tonnes W-o-W across five major consumption areas to score at 140,000 tonnes. Arrivals were high due to upstream manufacturers' centralised shipment during the Dragon Boat Festival, but downstream manufacturers continued to purchase on rigid demand, which was lower than pre-holiday levels. In light of declining aluminium prices, some extruders with re-melting furnaces acquired aluminium ingot to keep costs down. The weekly cargo from the warehouses dropped from 15,100 tonnes to 52,300 tonnes, which is still within a healthy range. Conversion margins will probably remain low, but consumption is expected to increase M-o-M in June, potentially reducing billet inventories. The figure below provides further information...
LME aluminium opened at US$2,836 per tonne on Thursday, June 9, and closed at US$2,760 per tonne, down by US$76 per tonne or 2.68 per cent. LME aluminium cash bid price and LME aluminium official settlement price decreased on an alternate day, June 9, by US$13 per tonne or 0.47 per cent to stand at US$2,752 per tonne and US$2,752.50 per tonne, following a hike of 1.9 per cent on the previous day. 3-month bid price and 3-month offer price dropped by US$12 per tonne to settle at US$2,785 per tonne and US$2,786 per tonne. December 23 bid price and December 23 offer price halted at US$2,727 per tonne and US$2,732 per tonne, respectively, both down by US$28 per tonne. LME aluminium opening stock continued to decline by 3,950 tonnes to stop at 430050 tonnes. Live warrants and Cancelled warrants...
Sustainability lies at the heart of the Brazilian aluminium sector, serving as a motivator for decision-making and project implementation. From mining to recycling, ABAL promotes enterprises along the value chain. Companies in the Brazilian aluminium value chain have now obtained ASI certification at every level of the process, including bauxite mining, alumina production, and primary aluminium manufacturing. Companies in the primary metal processing and recycling sectors have also been certified. The primary goal of ABAL's membership in ASI was to encourage its affiliates to get ASI certification, which is well-known in the aluminium consumer market. ASI is more than just a certification; it supports and promotes the most sustainable practices. It's becoming even more important since it...
The Mumbai-India based Moksh is making headlines with its sustainable approach of making ornaments with reclaimed aluminium from abandoned aircraft. The company transforms uncommon materials into art pieces with the help of a specific technology. Its recent innovation, ‘Shourai’, meaning ‘the future’ in Japanese, has practically been carved out of abandoned aircraft. The aluminium extracted from aeroplanes' bodies has been forged into accurate cubes, arranged later with gold and diamonds to give the jewellery a precise yet pointy look. This latest collection has been surveilled by a design solutions company, Bandit, which wishes to reinvent the method of traditional jewellery production, bringing innovations to the design. While revealing the ideology behind the jewellery brand, the CEO...
FibreCoat, a start-up business, demonstrated its success in coating individual basalt fibres with aluminium, making them versatile and cost-friendly. AluCoat from FibreCoat has reduced the cost of manufacture by a tenth when compared to other aluminium fibres already in use. With this feature, the Aachen-based business beat the stiff competition at JEC World 2022 in Paris' Start-up Booster Competition, winning the coveted prize on 4 May for "making high-performance materials accessible," as it was dubbed. FibreCoat is a company that creates and sells high-performance fibre materials. The AluCoat aluminium basalt fibre is the first commercially available product. AluCoat is thermally and electrically conductive, as well as temperature resistant up to 600°C, unlike currently utilised...
The global mining and metal giant, Rio Tinto plans to will invest in extensive green energy generators (wind and solar farms) in central and southern Queensland to power its Gladstone region aluminium assets. On 9 th June 2022, Ivan Vella, the CEO of Rio Tinto’s Aluminium business called for proposals to meet the energy needs of the Yarwun alumina refinery, the Queensland alumina refinery and the Boyne smelter. Vella further added, “It is early in the process, but this is an important step towards meeting our group climate change target of halving our emissions by the end of the decade (from 2018 levels).” A minimum of 4,000 megawatts of wind and solar power will be required to run the facility or about the same as two coal-fired power plants. Jaclyn McCosker, the Climate & Energy...
A worldwide provider of multi-material impact energy management and lightweight body structures to the automobile industry, Shape Corp. has collaborated with the global leader in aluminium production, Hydro for the first time in the US market will be manufacturing automotive components applying Hydro CIRCAL containing a minimum of 75% post-consumer aluminium scrap. Hydro’s researched product Hydro CIRCAL® has been certified by third-party auditors DNV GL and has a CO2 footprint of 2.3 kg CO2e/kg aluminium, which is significantly less. CIRCAL® is supposed to cut CO2 emissions by 70% if compared with the North American average for aluminium, including Scopes 1, 2 and 3 emissions. Hydro has a very advanced processing technology enabling it to manufacture material having the highest...
British newcomer Archipelago Yachts hopes to achieve another milestone with its all-new aluminium clad Archipelago 47 powercat. The Archipelago 47 powercat is already under construction on the Isle of Wight and is expected to be ready for a global debut at this year's Southampton Boat Show. The usage of aluminium for making the yacht not only reduces weight and development costs but also enables future customization. It's also a robust, long-lasting substance that may be recycled indefinitely. Chartwell Marine, a team of naval architects whose core field of expertise is powercats for the offshore wind farm sector, designed the Archipelago 47. Dr Steven Weatherley, the company's creator, owner, and CEO decided to commission and build a powercat, replacing the family’s Mitchell 31. With its...
As per our report from Guinea, the leader of the union, Yamoussa Bangoura on 6th June 2022, announced the strike at Rusal's subsidiary in Guinea, Compagnie des Bauxites de Dian-Dian (COBAD) has ended indeed. After a week of protest action, the mine employees returned to work on 2nd June. COBAD workers went on strike on May 26 calling for better wages and conditions. “We obtained a 5% increase on our base salary, housing allowance and guarantees for medical treatment,” Yamoussa Bangoura said. Guinea ranks within the top three in the global bauxite production and stands at number one when it comes to bauxite exportation. The nation is the key supplier of bauxite to China, the world's largest aluminium producer and also supplies the aluminium ore to Russia, UAE, etc. According to statistical...
LME aluminium opened at US$2,788 per tonne on Wednesday and closed at US$2,836 per tonne, up US$49.5 per tonne or 1.78 per cent. LME aluminium cash bid price expanded by US$51 per tonne or 1.87 per cent to score at US$2,765 per tonne. LME aluminium official settlement price also witnessed growth by US$50.5 per tonne or 1.86 per cent to settle at US$2,765.50 per tonne as of June 8. 3-month bid price and 3-month offer price soared up by US$52.5 per tonne or 1.91 per cent and US$53 per tonne or 1.93 per cent to close at US$2,797 per tonne and US$2,798 per tonne. December 23 bid price and December 23 offer price for the same day halted at US$2,755 per tonne and US$2,760 per tonne, after dropping by US$47 per tonne or 1.73 per cent. LME aluminium opening stock stopped at 434000 tonnes. Live...
Electric-powered heating stations for the aluminium melt have recently been used for the first time in a test operation in the BMW Group’s Landshut facility, the plant’s main production area. As a result, the plant's energy efficiency and resource consumption are both growing. Previously, gas was used to heat the heating stations throughout the foundry. Following a successful test phase, they will be gradually replaced with electrically run heating stations across the board, saving around 60 tonnes of CO2 per heating station each year. "The light metal foundry was and is a pioneer. Our innovative manufacturing processes are sustainable and have won several awards. The fact that we are now converting the operation of our heating stations from gas to electric is both energy-efficient and...
Ardagh Metal Packaging (AMP), a beverage can group from New York, is now receiving supply-demand from a varied base of customers, both new and old, for a long term partnership in the Southwestern parts of Europe and Middle East Africa (MEA). The company has decided to expand its La Ciotat facility in France, eyeing this emerging demand for its products. This investment will strengthen the company’s position in those terrains. This ‘significant investment’ in the facility is being upheld, by Bpifrance and Sud Attractivité, two French investment banking organisations. Since its inception in 1991, AMP’s La Ciotat facility has been one of the largest providers of employment in the region, so this extension will not attract a new workforce but also create additional 80 new positions at the...
Now recycling coffee capsule is possible at home as RePodder has introduced the world’s most efficient aluminium coffee pod recycling solution using your existing kerbside bin. This will contribute to reducing carbon footprint, while returning valuable aluminium to the circular economy. This is an alternate method to aluminium coffee capsule recycling. It is fun to crush the capsules and get quick access to coffee grounds to nourish garden or compost heap. Then simply insert the crush aluminium pods into an aluminium beverage can so that they don’t fall through the filters at the recycling facility. This finally gives a 100 per cent sustainable option to the increasing number of eco-conscious coffee drinkers to recycle at home, at any time of the day. Recycling aluminium consumes less...
HRE Wheels a custom wheel manufacturer is coming up with a series of aftermarket two-piece carbon/fiber aluminium wheels. As per HRE, this new series will set a new benchmark in terms of performance and quality. According to the company, the new CBRN line achieves excellent impact resistance and "class-leading" strength-to-weight ratios thanks to a "toughened-resin" system and unique Vacuum-Assisted Resin-Transfer Molding technology. "With carbon fiber wheels becoming more readily available through several OEMs, we knew the materials and technologies were finally ready for us to achieve our goals with carbon fiber," said HRE Wheels CEO Alan Peltier. The carbon-fiber rim is linked to forged aluminium centres with high-strength titanium fasteners on the two-piece wheels. Customers may have...
National Aluminium Company Limited has continued to reduce its aluminium ingot and aluminium products prices, with effect from Wednesday, June 8, following the previous cut on May 28. As per the revised prices revealed by NALCO, the company has deducted INR 10,300 per tonne from its previous aluminium ingot price, bringing it to INR 243,950 – 247,450 per tonne versus INR 254,250 – 257,750 per tonne. NALCO’s aluminium wire rod price has come in at INR 246,450 – 250,800 per tonne today, June 8, also reduced by INR 10,300 per tonne from INR 256,750 – 261,100 per tonne on May 28. NALCO’s aluminium billets price has been raised by the same amount to INR 247,400 – 250,050 per tonne, from INR 257,700 – 260,350 per tonne. NALCO has further reduced its aluminium ingot and aluminium products prices...
