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
National Aluminium Company Limited reduced its aluminium ingot and aluminium products prices, with effect from Saturday, May 28, following two hikes on May 19 and May 25. Since the last cut, NALCO’s aluminium ingot price has come in at INR 254,250 – 257,750 per tonne, down by INR 4,800 per tonne or 1.85 per cent from INR 259,050 – 262,550 per tonne on May 25. NALCO’s aluminium billets price also saw a plunge of INR 4,800 per tonne from INR 262,500 – 265,150 on May 25 to INR 257,700 – 260,350 per tonne on May 28. NALCO also axed its aluminium wire rod price by the same amount to sell the product at INR 256,750 – 261,100 per tonne, with effect from May 28. NALCO reduced its aluminium ingot and aluminium products on May 28 in response to the LME aluminium price slump by US$58 per tonne from...
Guangyuan Linfeng Aluminum & Electricity Co., LTD joined ASI as its new production and transformation member. Guangyuan Linfeng Aluminum & Electricity Co., LTD., founded in December 2018, is located in Guangyuan Economic and Technological Development Zone's Yuanjiaba Industrial Park. With an annual production of 250,000 tonnes of high-quality raw aluminium and total assets of 2.3 billion yuan, the firm can reach annual industrial output value of 3.6 billion yuan, earnings and taxes of approximately 150 million yuan, and more than 400 workers. The firm makes full use of Sichuan Province's abundant hydropower resources and implements complete hydropower production, which reduces thermal power output by 3.4 billion KWH, saves 420,000 t of standard coal, and reduces carbon emissions by...
The Saudi Arabia state-owned mining company headquartered in Riyadh, Ma'aden has signed a Memorandum of Understanding (MoU) with GlassPoint, the leading manufacturer of industrial solar steam generators using solar thermal technology to generate steam for industrial processes. The signed agreement reveals that the development of the world’s largest solar process 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. Approximately 50% of the emissions in MA'ADEN's alumina refinery and 4% of its overall emissions will be reduced. Founder and CEO of GlassPoint, Dr Rod MacGregor, senior vice president of MA'ADEN's aluminium division and Riyadh Al...
China’s aluminium billet inventory has plunged by 3,000 tonnes W-o-W to settle at 127,100 tonnes. Yesterday, downstream purchases were bolstered by the sharp fall in aluminium prices and the forthcoming Dragon Boat Festival. Overall, downstream consumption has rebounded, and the market is confident that it will continue to improve. The short-term destocking trend in the aluminium billet market is projected to continue. The figure below provides further information on the current state of aluminium billet inventories in China: In Foshan the inventory has increased by 800 tonnes to come in at 75,400 tonnes. For the same day, the inventory in Wuxi has declined by 2800 tonnes to score at 15,600 tonnes. The epidemic in east China has been mostly contained, resulting in a significant reduction...
As a large number of aluminium companies have joined the initiative First Movers Coalition pledging to decarbonise the energy-intensive industry, Ball Corporation has decided to not be left alone from the list. On Wednesday, June 1, the company announced its joining to the global forum, intending to reduce carbon emissions from the aluminium manufacturing process and at the same time encouraging the value chain toward the same goal. Launched as a partnership between The World Economic Forum and US Department of State and in collaboration with US Department of Commerce and Department of Energy, the First Movers Coalition is an initiative harnessing the purchasing power of companies to decarbonise seven hard to abate industrial sectors that currently account for 30 per cent of global carbon...
Alumex PLC, the aluminium extrusion manufacturing giant from Sri Lanka, was presented with a bronze award for its ultimate commitment to transparency and governance at the Asia Integrated Reporting Awards. The company name was mentioned in the Integrated Report (SME) category for collectively and directly conveying its value creation to stakeholders through consolidated reporting. Alumex was among the 94 applications in 8 genres coming from 8 countries, and through initial evaluation, only 25 companies from 6 countries marched forward to the showdown. At last, 12 winners were recognised across Asia by a wise judgement board. The award show was inaugurated, with a speech from the Guest of Honour, British High commissioner to Singapore, Kara Owen and invitees, including over 250 senior...
Festo, a leading German industrial control and automation firm headquartered in Esslingen am Neckar, is providing PM Metal with new welding cells made up of aluminium as a retrofit to use in the existing systems. As per the company, the tubing provides a weld-spatter-resistant alternative to laminated and steel pneumatic tubing. The tube may be placed near the welding process, allowing for a more effective pneumatic setup while avoiding burn-through. The tubing has a nominal OD to avoid clearance issues and is intended to work with conventional pneumatic push connections right out of the box, so no additional equipment or bigger connectors are required. The tubing keeps its shape and stays in place without the use of extra clips or tie downs after it's been created. Since 2015, PM Metal...
A key geostrategic location, abundant natural resources, a young population, and a vital geopolitical position make Myanmar one of the fastest-growing economies in the Asia Pacific. The principal industries contributing to Myanmar’s economy are agriculture, mining and tourism. Aluminium foil is used at home for perishable foods and dairy products also for longer storage, to cover baking surfaces and to wrap foods, such as meats, to prevent them from losing moisture while cooking. The usage is not limited to food only; it can also be used to put on windows to keep the house cool during summer and hot during winter. The Southeast Asian nation, Myanmar imported aluminium foil of around 12,466 tonnes of aluminium foil during 2019-21, incurring revenue expenditure of $28.83 million for the...
The independent commodity analyst CRU has published a new report for the European aluminium industry pointing out negative impacts of a wrongly designed Carbon Border Adjustment Measure (CBAM). According to CRU, if CBAM covers indirect emissions and removes existing carbon leakage measures, European aluminium smelters will become cost uncompetitive. The study contains the complexities of CBAM regulation and forecasts the aluminium production cost to rise by 24 to 31 per cent. The report has strategically noted the impact of CBAM on primary aluminium and selected downstream products under individual scenarios. Given the unique challenges aluminium industry faces for being an energy-intensive production process, CRU report suggests an initial trial of CBAM on direct-emissions, as originally...
On 1 st June 2022, the first Moroccan company specialising in the manufacture of aluminium alloy profiles Aluminium du Maroc reported a turnover of DH 213 million for Q1 2022, a sharp rise of 72% when compared to Q-o-Q for the same phase in 2021 Founded in 1976, Aluminium du Maroc exemplified that this growth is due to a 16% enhancement in sales volumes of aluminium profiles, especially for the export of +57% and by +32% appreciation of selling prices over the period. However, the latter relatively captivated the surge in production costs, primarily the metal and energy and also extended to the transport cost. The company stated, “Investments over the period reached DH2.3 million, stable compared to the same period in 2021. Investments for projects are planned for the second half of...
In partnership with GEAR India (Gemini Equipment and Rentals Private Limited), Vedanta Aluminium, one of the largest producers of aluminium in India, stated that it has put in place India’s largest electric fleet of 27 forklifts at its Jharsuguda aluminium smelter in Odisha, which is the world's largest single-location aluminium smelter, ex-China. The forklifts were sent last month and are now operational. These forklifts are powered by lithium-ion batteries. Not only this, the company is also recruiting and training women to operate these top-of-the-line forklifts, as part of its efforts to increase gender diversity in key industrial activities. The step has been taken in line with the Vedanta’s aim to decarbonise its industrial vehicle fleet. Furthermore, these electric forklifts comes...
A00 aluminium ingot price in China has gained RMB 350 per tonne, following a sharp decline of RMB 570 per tonne on the previous day. According to the Shanghai Metals Market data, the price has come in at RMB 20,540 per tonne as of June 2, with average prices estimated to range between RMB 20,520 per tonne and RMB 20,560 per tonne. The spot contract is likely to be traded at a discount price of RMB 50-10 per tonne. Gongyi has seen the highest hike of RMB 450 per tonne to stand at RMB 20,720 per tonne, followed by the increase of RMB 350 per tonne in Linyi to RMB 20,690 per tonne. In Foshan and Wuxi, the primary aluminium ingot price has built up by RMB 340 per tonne to settle at RMB 20,500 per tonne and RMB 20,510 per tonne, while the price in Shenyang and Tianjin has expanded by RMB 330...
LME aluminium opened at US$2,792.5 per tonne on Wednesday and closed at US$2,724 per tonne, down US$65 per tonne or 2.23 percent. On Wednesday, June 1, both LME aluminium cash bid price and LME aluminium official settlement price plummeted by US$115 per tonne or 4.08 percent to close at US$2,701 per tonne and US$2,701.50 per tonne. 3-month bid price and 3-month offer price also dropped by US$120 per tonne to settle at US$2,728 per tonne and US$2,730 per tonne. December 23 bid price and December 23 offer price slumped by US$95 per tonne or 3.38 percent to score at US$2,710 per tonne and US$2,715 per tonne. For the same day, LME aluminium opening stock halted at 453875 tonnes. Live warrants and Cancelled warrants stopped at 189325 tonnes and 264550 tonnes. LME aluminium 3-month Asian...
RUSAL, one of the leading global aluminium producers, has published its annual sustainability report for 2021. The subject title of the report is "Human focus.” RUSAL has been identifying goals for further ESG business transformation over the last year after the announcement of a strategy to achieve carbon neutrality by 2050 (Net Zero) in February 2021. The Company's strategy aim is to create a new asset class in the aluminium industry, assets that will satisfy the demands of the future low-carbon economy. RUSAL devotes special attention to safeguarding its human capital in the post-pandemic period, guaranteeing safe working conditions and professional growth, appropriate payment for employees, and their quality of life in the regions where the Company's companies operate. For example, in...
On 1 st June 2022, the globally renowned diversified mining and metals company, South32 Limited announced that it has completed the acquisition of an additional 16.6% shareholding and related rights in Maputo, Mozambique based Mozal Aluminium from MCA Metals Holding GmbH (Mitsubishi). The final cash consideration of US$2002 million illustrates elevated cash and working capital adjustments at the acquisition date as the business pursues to benefit from strong aluminium prices. Following accomplishment, South32’s stakeholding in Mozal Aluminium will augment to 63.7%, with its equity share of aluminium production now anticipated to be 281kt for FY22e and 370kt for FY23e. Graham Kerr, the CEO of South32 said: "Our acquisition of an additional interest in Mozal Aluminium is another major...
On 01 st June 2022, the largest industrial organisation in the UAE, excluding oil and gas, Emirate Global Aluminium, declared the return of the educational programme 'Engineer the Future' in partnership with Emirate Schools Establishment (ESE). This initiative will educate and instigate students in grades nine to twelve pursuing careers in science, technology, engineering and mathematics, called STEM. The subjects covered usually deal with the utilisation and discoveries in aluminium production methods following eco-friendly alternatives like recycling and low emission solutions. ‘Engineer the Future’ programme illustrates the fundamental science behind the aluminium industry to children operating under the UAE Centennial Plan 2017, which considers STEM skills to be of the highest value...
_sees_M-o-M_hike_of_8.36_per_cent_in_April'22_0_0.jpg)
Alumina production in Africa & Asia (ex-China) stood at 1.179 million tonnes in April 2022, registering a continued increase of 8.36 per cent month-on-month, according to the International Aluminium Institute (IAI) data. In March, the output stood at 1.088 million tonnes, up by 1.21 per cent from 1.075 million tonnes in February. On a year-on-year calculation, alumina production in Africa & Asia (ex-China) during April 2022 recorded a hike of 6.03 per cent from 1.112 million tonnes. In the first four months of 2022, alumina production in Africa & Asia (ex-China) totalled 4.491 million tonnes, 5.5 per cent higher than 4.257 million tonnes during the same period last year. In Q1 2022, alumina production in Africa & Asia (ex-China) came in at 3.312 million tonnes, down by 2.76 per cent...
The F51 is the first aluminium shielded multi-storied skating zone opened in the south of England. At first glance, no one can determine that the insides of the structure are made of timber ramps, undulating concrete and unwieldy street furniture. The F51 designers, hailing from Folkestone Kent, were primarily ordered to build a car parking space which is why the construction resulted in a towering structure. But when the local skating park needed a place for relocation, this building though a bit odd fitted the requirement list. It is the home to skating bowls, pipes, ramps and wall rides, everything that a professional skater would die for nowadays. The arena also consists of a 15-metre high climbing wall hosting more than 30 graded routes for beginners and pros equal. The construction...
