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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Aluminium wiring in homes is available in two styles: solid and stranded. A solid wire consists of a single conductor and is typically found in 120V circuits that are lower amperages (20A & 15A). Stranded wires are multiple pieces of wire bundled together to form one larger wire, and they are commonly used in homes with higher amperage circuits (>25A). Although solid wire is rarely used in residential construction nowadays, stranded aluminium wire is quite common, and when installed properly, it is considered a safe material for residential use. The United Kingdom, one of the leading economies of the world imported 12,579 tonnes of aluminium stranded wires during 2019-21, incurring revenue expenditure of $36.74 million for the import. In 2019, the UK reported importing 2438 tonnes of...
Commemorating the World Environment Day on June 5, 2022, Vedanta Aluminium, India’s leading aluminium producer, said business growth and sustainable development go hand-in-hand. On the same occasion, Rahul Sharma, CEO of Vedanta Aluminium, said certain initiatives of the company related to climate led to a decrease in carbon emissions intensity at many of their smelters by about 12 per cent in FY2022. "Our climate action endeavours saw us reduce our GHG emissions intensity at our largest aluminium smelter by around 12 per cent in FY22 over the previous fiscal, while increasing our production volumes by 20 per cent," said Mr Sharma. He also said Vedanta was the first company in India to launch low carbon ‘green’ aluminium Restora, and in the process, became the nation’s largest consumer of...
Following a complaint from the Indian aluminium industry, the commerce ministry's investigative arm, Directorate General of Trade Remedies (DGTR), undertook an examination into suspected export subsidies by Malaysia on 'aluminium primary foundry alloy ingot in various forms' and recommended enforcement of the tax on January 31 this year. After evaluating the final conclusions of DGTR, the central government has chosen not to accept its recommendations, said a Department of Revenue office memorandum. Domestic enterprises claimed in an application to the directorate that subsidised imports from Malaysia are causing them significant harm and demanded the introduction of countervailing tariffs on the imports. While the DGTR proposes the duty, it is up to the finance minister to decide whether...
On Monday, June 6, the benchmark aluminium price for SHFE has soared up by US$96 per tonne or 3.14 per cent to settle at US$3,147 per tonne. The market was closed due to the Dragon Boat Festival on Friday, June 3. The most-traded SHFE 2207 aluminium closed up 1.7 per cent or RMB 345 per tonne to RMB 20,665 per tonne, with open interest down 13,330 lots to 173,373 lots. LME aluminium price The LME market was also closed due to Bank Holiday in the UK on Thursday and Friday, respectively and will resume on Monday, June 6. However, both LME aluminium cash bid price and LME aluminium official settlement price had declined by US$115 per tonne or 4.08 per cent to close at US$2,701 per tonne and US$2,701.50 per tonne on Wednesday, June 1. 3-month bid price and 3-month offer price also dropped by...
The only body representing the global primary aluminium industry, International Aluminium Institute (IAI), has publicised the appointment of Satish Pai as its new Chairman. Satish Pai is the Managing Director of Hindalco Industries, one of the world’s largest integrated aluminium producers. Previously he was serving as the Vice-Chairman and he succeeds Ben Kahrs, Alcoa Corp’s Chief Innovation Officer. The Secretary-General of IAI, Miles Prosser said “Satish is an exceptional leader who is as familiar with boots-on-ground issues as he is with geo-economic perspectives. He is well able to convert industry challenges into opportunities – strategic R&D led to Hindalco becoming the first aluminium company to achieve 100% utilisation of bauxite residue in three of the refineries.” “We welcome...
The renewable energy solutions provider, Hydro Rein and Macquarie Asset Management’s Green Investment Group (GIG), a specialist green investor, agreed to form a joint venture named Feijão, which will operate after constructing a combined wind and solar power project, with a 586-megawatt capacity, in northeast Brazil. This action will replace coal as the main power source in the Alunorte alumina refinery. While in the Middle, Ma’aden’s agreement with GlassPoint reveals that the development of the world’s largest solar-powered steam plant at Ma’aden’s alumina refinery following its accomplishment will generate a 1500 MW solar steam facility to support the refinery diminishing carbon emissions by over 600,000 tonnes per annum. Hydro Rein, a renewable energy solutions provider, and Macquarie...
The United Nations Environment Programme (UNEP) led World Environment Day is celebrated on 5th June every year to raise awareness about deteriorating environmental conditions and encourage people globally to act responsibly, helping to build a better future. Humanity's progress during the last century was accompanied by a massive expansion of natural resource extraction. With each passing decade, environmental issues have only become more serious, from climate change to mineral exploration to marine pollution to extinction of flora and fauna. The United Nations General Assembly declared 5th June as World Environment Day for the first time in 1972, and since then it has been celebrated annually as World Environment Day around the world. The Stockholm Conference of 1972 turns 50 in 2022....
According to our report from Europe, the Spain-based works council of Alcoa Corp’s San Ciprian aluminium smelter is pressing the government body to lessen the duration of the permission procedure for new wind energy projects that generate the fodder for the power-consuming facilities. After years of toiling with high electricity bills, prevailing labour disputes and profit losses, Alcoa is now taking time to renovate its plant and get hold of more effective power purchase agreements (PPAs). Its San Ciprian smelter in the Galicia region, northwest Spain will remain downsized until January 2024 to give Alcoa some to restructure its courses. The quest for renewable energy PPAs had begun in late December 2021; right after the US aluminium producer signed a new labour agreement to retrench the...
NanoAL has signed a three-way Joint development agreement with Mitsubishi Corporation RtM Japan Ltd. (RtMJ) and Nikkei MC Aluminium Co., Ltd. (NMA) to extend its business collaboration. This cooperation comes after NanoAL and RtMJ signed a licencing agreement for additive manufacturing material technology (Addalloy® powders) in February 2021. A major purpose of the collaboration will be to produce and sell improved high-pressure die-casting aluminium alloys for automobiles and consumer electronics, among other emerging markets. NanoAL will use its patented fast alloy development framework to produce innovative aluminium alloy chemistries with a high mix of strength and thermal conductivity while being process-friendly with high pressure die casting in this collaboration. To accelerate...
Many big scale industries like Capral are moving towards low emission modules since the scientific community has already declared that by mid-century, net-zero must be attained to keep global warming limited to 1.5°C, preventing harmful effects on the eco-system. Novelis Inc. has joined hands with the First Mover’s Coalition, keeping sustainability in mind to reduce carbon emissions from its aluminium production process. First Mover’s Coalition wishes to achieve net-zero by 2050 in eight ‘hard to abate’ sectors that account for 30% of the global carbon emissions. Capral Aluminium pledged to achieve net-zero emissions by 2050. To make this happen, Capral will have to achieve net-zero emissions in Scope 1 and Scope 2, with the support of new and breakthrough technological alternatives. The...
Vestre is now building The Plus, the world's most ecologically friendly furniture factory, near Magnor, Norway. The project has received over 23 tonnes of Hydro CIRCAL low-carbon aluminium. When compared to equivalent traditional manufacturing buildings, the Plus intends to save at least 90% on energy. With more than 2,000 square metres of glass facades up to 14 meters high, there are extraordinary demands for energy efficiency, insulation, thermal bridging, and building physics in general. Hydro CIRCAL is made up of at least 75 percent of recycled aluminium from soda cans, automotive parts and other materials that have already served their purpose. “The glass facades are specially developed for The Plus to ensure maximum transparency and the lowest possible energy consumption. The WICONA...
Founded in 2006, Tamkeen, a semi-autonomous government agency in Bahrain, has collaborated with the Economic Development Board (EDB) to promote direct investment opportunities in the industrial sector. A treaty has been signed between Tamkeen Chief Executive, Husain Rajab and the Group Chief Executive of Aleastur, Sergio Martinez, with approval from other officials. Also, to secure its activities, Tamkeen has agreed upon a venture with Aleastur, a company that has just begun the GCC’s first aluminium grain refinery in Bahrain. This amalgamation points to positioning Bahrain as a healthy global hub for technologically advanced and sustainable industries concerning high-probability units like manufacturing and aluminium. The government’s economic recovery plan circulates across a few key...
The main attraction for this week’s global primary aluminium segment was RUSAL’s sustainability report. RUSAL, one of the world's largest aluminium manufacturers, released its 2021 annual sustainability report with special attention on ‘Human Focus.’ The report highlights RUSAL’s commitment towards greener aluminium and how the company is taking steps to achieve the same. Apart from this, Aluminium Bahrain (Alba), the Middle East's first aluminium smelter, opened a sales office in Singapore on May 27, 2022, as part of its endeavour to expand its footprint in the Asian-Pacific region. On Monday, LME aluminium official settlement price opened the week with a hike of US$40 per tonne to settle at US$2,863 per tonne, which went on to decline the next day by US$46.50 per tonne to close at...
Hellenic Cables S.A., one of Europe's major cable makers with a significant presence in renewable energy transmission and distribution, received low-carbon EcoLum™ aluminium from Alcoa Corporation. The EcoLum brand is part of Alcoa's Sustana™ family of low-carbon goods and has a carbon footprint of around 3.5 times lower than the industry average. The announcement was made public on June 6. The initiative was carried out to help the firm achieve its aim of a sustainable energy future. Hellenic Cables runs five production units in three countries and is a producer of power, communications, submarine cables and compounds. “We are very proud to partner with Hellenic Cables and assist them in their stated mission to develop a sustainable energy future. We know that aluminum is a key material...
On June 2, the ASI Performance Standard Certification (2017) was awarded to Hammerer Aluminium Industries (HAI) for aluminium extrusion production process at HAI Extrusion GmbH unit in Ranshofen, a municipality in Upper Austria. In 2020, HAI acquired Performance Standard certification for two recycling,casting andremelting facilities, one in Ranshofen, Austria, and the other one in Santana, Romania. HAI’s Ranshofen facility manufactures extruded, fabricated, and surface-treated aluminium profiles, made of aluminium fabricated, welded, and aluminium composite profiles, using thermally insulated process, destined for the transportation and construction industries. The Aluminium Stewardship Initiative (ASI) is a certification board responsible for the safe handling of aluminium along the...
Hindalco Industries Limited’s aluminium products and aluminium ingot prices saw back-to-back cuts in past two days on June 1 and June 2. As per the data revealed by the company, Hindalco’s aluminium wire rod price underwent a slash of INR 10,000 per tonne or 3.79 per cent on June 2 to total INR 253,350 per tonne. On June 1, the price was cut by INR 3,500 per tonne from INR 266,850 per tonne on May 31 to INR 263,350 per tonne. Hindalco also decreased its aluminium billets price by INR 10,000 per tonne from INR 266,350 per tonne on June 1 to INR 256,350 per tonne on June 2. The price on June 1 was reduced by INR 3,500 per tonne from a day before. The price of aluminium ingot plunged by INR 10,000 per tonne as well, with effect from June 2, to score at INR 242,250 per tonne. The amount...
In February 2022, the United States imported 4,350 tonnes of aluminium plates, sheets and bars from Turkey, found the US Geological Survey (USGS). On a month-on-month basis, a hike of 330 tonnes or 8.20 per cent was witnessed from 4,020 tonnes in January 2022, which went on to decline by 70 tonnes or 1.71 per cent from 4,090 tonnes in December 2021. As per the data, in February 2021, Turkey exported 3,310 tonnes of aluminium flat-rolled products to the United States, which on a Y-o-Y calculation heightened by 1,040 tonnes or 31.41 per cent to settle at 4,350 tonnes in February 2022. The total amount of aluminium plates, sheets and bars imported by the United States in February 2022 closed at 107,000 tonnes, which on an M-o-M forefront declined by 5,000 tonnes or 4.46 per cent from 112,000...
According to the Shanghai Metals Market, China’s social inventories of primary aluminium extended decline on Thursday, June 2, across eight major consumption areas, including SHFE warrants. As per the data found, the inventories fell sharply by 55,000 tonnes over the week and 151,000 tonnes from the beginning of May to come in at 882,000 tonnes. The plunge in primary aluminium inventories could be attributed to the rush to pick up cargoes from warehouses. Buying enthusiasm was noticeable due to widening spot discounts in east China, whereas arrivals of stocks sent inventories in Gongyi lower. The chart below indicates the current status of primary aluminium inventories across China in more details: In Wuxi, primary aluminium inventories plummeted by 38,000 tonnes to stand at 377,000...
