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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The American company headquartered in Colorado, Ball Corporation announced that it has inked a virtual power purchase agreement (VPPA) to procure 151 MW of wind energy from a new project in west Texas. The global leader in aluminium packaging Ball Corporation further added that upon purchase, NextEra Energy Resources LLC's subsidiary will own and operate the wind farm. This will enable Ball to meet the electricity needs of nearly half of its North American factories with its portion of the project. However, construction of the wind farm is in process, while the power supply is anticipated to commence in 2023. The global specialist in energy management and automation, Schneider Electric Energy advised Ball on the VPPA, whereas, Sustainability Services assisted the company in project...
The Finnish industrial machinery company focusing on providing technology and services for mining, Metso Outotec and the national science agency of Australia, CSIRO, have joined hands to sign a treaty delivering SwirlFlow agitation technology for the bauxite and alumina sector beyond the Chinese territory. Both companies with elevated levels of proficiency in their respective genres will arm the partnership to introduce the best offers for the market concerning the usage of the SwirlFlow technology in the refinery precipitation tanks, as was narrated by Metso Outotec. Dr. Alessio Scarsella, the Director of Light Metals at Metso Outotec, exclaimed: “Sustainability is a top priority for Metso Outotec.” “In addition to our investments to develop technology for sustainable alumina processing,...
Hindalco Industries Limited has continued to increase its aluminium products and aluminium ingot prices as the global aluminium benchmark price on the London Metal Exchange rallies back-to-back. With effect from Wednesday, May 18, Hindalco’s aluminium wire rod price has experienced a sharp rise of INR 10,500 per tonne or 4.12 per cent to INR 265,100 per tonne. On Saturday, May 14, the price saw an increase of INR 2,250 per tonne to INR 254,600 per tonne. Hindalco’s aluminium billets price has also been raised by INR 10,500 per tonne, with effect from May 18, from INR 257,600 per tonne to INR 268,100 per tonne. Aluminium ingot price is no exception but also been raised by INR 10,500 per tonne to INR 254,000 per tonne. From May 13 to 17, the LME aluminium benchmark price hiked by US$113 per...
Bahrain’s M-o-M exports of aluminium crude metals and alloys to the United States for February 2022 had dropped by 48,460 tonnes or 83.26 per cent from 58,200 tonnes in January 2022. The amount for February 2022 closed at 9,740 tonnes. On an M-o-M scale in January, the price had escalated by 28,600 tonnes or 96.62 per cent, from 29,600 tonnes in December 2021. The total amount of aluminium crude metals and alloys imported by the United States in February 2022 closed at 262,000 tonnes which on an M-o-M calculation plummeted by 81,000 tonnes or 23.61 per cent from 343,000 tonnes in January 2022. In January, a surge of 27,000 tonnes or 8.54 per cent was recorded from 316,000 tonnes in December 2021. From January to December 2021, 3,630,000 tonnes of aluminium crude metals and alloys were...
Paris-headquartered industrial minerals manufacturing company Imerys S.A. has reportedly collaborated with Yellow Door Energy to build a 4.67-MWp solar plant at its white fused alumina refinery in Bahrain. As per the report, more than 8,500 solar panels will be installed in the plant located across 25,000 square metre (6.17 acres), and will be connected to the internal distribution network of the refinery operated by Imerys and Manama-based Al Zayani Industries. This an initiative by Imerys to walk a step closer to reduce carbon emissions as the solar plant is expected to produce 7.6 GWh of clean electricity in the first year of operation. Therefore, it will help curtailing 4,800 tonnes of carbon emissions, meeting between 15 and 20 per cent of the refinery’s energy consumptions. It is...
AlCircle is enthralled to announce its 11th publication of e-Magazine titled, “European Aluminium Industry: Focus 2022.” The e-Magazine will feature exclusive views and opinions from the key figures of the European aluminium industry and other stalwarts associated with the regional value chain. The magazine is expected to be launched in June 2022. Let us explore some of the brief points this e-Magazine will touch upon: Fluctuation in the aluminium price on the London Metal Exchange (LME) Sharp rise in energy prices driving the European aluminium production cost Disparity between demand and supply due to production curb in Europe and China and its impact on the downstream segment The geopolitical tension in the region Outlook for 2022 and long-term planning Since the beginning of 2022, the...
LME aluminium opened at US$2,839 per tonne on Tuesday and closed at US$2,882 per tonne, an increase of US$47 per tonne or 1.66 per cent. On May 17, LME aluminium cash bid price and LME aluminium official settlement price both moved upwards by US$45 per tonne or 1.61 percent to settle at US$2,835 per tonne and US$2,836 per tonne. 3-month bid price and 3-month offer price also hiked by US$36 per tonne or 1.27 percent to stop at US$2,856 per tonne and US$2,858 per tonne. December 23 bid price and December 23 offer price escalated by US$33 per tonne or 1.18 percent to record at US$2,808 per tonne and US$2,813 per tonne. LME aluminium opening stock pegged at 527375 tonnes. Live warrants and Cancelled warrants for the same day closed at 230075 tonnes and 297300 tonnes. LME aluminium3-month...
According to a recent report, Vedanta Aluminium has signed a long-term contract with the National Highways Authority of India (NHAI) to construct greener roads with fly-ash in Odisha. The news came on Tuesday, May 17, after Vedanta announced it officially in a statement, "The company has... entered a long-term partnership with the National Highways Authority of India (NHAI) for building greener roads with fly-ash in Odisha." Fly-ash, a by-product of thermal power generation using coal, is primarily used in the cement, construction, and infrastructure industries. The use of fly-ash improves product quality while saving around 700 to 800 kilogramme of carbon emissions and 341 litres of water. In the last fiscal year (FY2022), Vedanta Aluminium has utilised about 2.8 lakh tonnes of fly-ash...
Vedanta Aluminium has scored a hat-trick at Mission Energy Foundation’s 11th Fly Ash Utilization Conference Expo Awards for effective fly-ash management. Vedanta’s Jharsuguda Power Plant in Odisha has won in the category of >=500 MW and =500 MW, while its Chhattisgarh-based affiliate BALCO received an award under the Captive Power Plant classification. Vedanta Aluminium got the first position for its substantial efforts in assuring lucrative usage of fly-ash in circular economy channels out of the 160 organisations that had participated. Fly-ash is a by-product of coal-fired thermal power plants that supply electricity to Vedanta's aluminium smelters and also finds widespread use in the cement, building and infrastructure sectors, where they provide three-fold cost, quality, and...
CraftHaus, a small brewery in Nevada, United States, has piled up stocks of aluminium beverage cans on the line waiting to be packed, in addition to the can aluminium sheet problem. Wyndee Forrest, co-owner of CraftHaus Brewery, will not take a penny until the cans are completely filled with the beverage and sold to merchants. Forrest, on the other hand, emphasised that commerce was required to stack the cans. The firm used to keep only one months’ worth of cans in stock, but given the current state of the aluminium stock, she is concerned that suppliers will not be able to deliver on time. The cost of the containers has grown by 18 per cent, causing Forrest and her employee's problems due to rising shipping costs. "We are now sitting on a good three months of stock as an insurance...
To introduce customers to the sustainability concept, Nespresso has announced a Recycling Rewards programme, where any user returning 100 used capsules of any brand would receive special gift items in exchange. The customers who return the pods will receive one from either of the products quoted below; a notebook made of recycled coffee grounds, a sleeve of Nespresso coffee flavours, and a washable beach towel. After removing the residual coffee grounds from pods in a recycling centre in New South Wales, the empty pods would travel to a dedicated facility while the coffee waste would transform into the soil for compost or landscaping. The extracted aluminium would go for the smelting process followed by refining so that the metal can be forged into a varied range of products, from...
On May 16, Romanian integrated aluminium company ALRO S.A. released its Interim Condensed Consolidated Financial Statements for the first quarter of 2022 (1Q2022). ALRO, one of the largest aluminium producers in Europe, registered a turnover of RON 1.1 billion in the first quarter of 2022, up 48 per cent from the first quarter of 2021 when it was RON 744 million. The group's turnover has risen due to a surge in aluminium prices on the London Metal Exchange (LME), coupled with an increase in demand for high value-added products, especially in the aerospace sector, combined with an increase in the exchange rate. Having said this, ALRO suffered a net loss of RON 18 million in the 1Q2022, down from RON 62 million in the previous quarter, due to rising utility and raw material prices on the...
Vedanta Limited has further raised its aluminium products and aluminium ingot prices, with effect from Tuesday, May 17, in response to back-to-back LME aluminium price hike this week. As per the revised prices revealed, Vedanta has expanded its aluminium billet price by INR 5,750 per tonne or 2.29 per cent to sell the product at INR 257,000 per tonne. On Saturday, May 14, the price stood at INR 251,250 per tonne, seeing an increase of INR 2,000 per tonne from the previous day. Vedanta’s aluminium wire rod price has also experienced a rise of INR 5,750 per tonne, with effect from May17, to range between INR 256,500 – 264,000 per tonne versus INR 250,750-258,250 per tonne on May 14. Vedanta has increased its aluminium prices in tandem with the LME aluminium benchmark price rally by US$103...
The Atlanta, Georgia headquartered American industrial aluminium company Novelis Inc. on 16th May 2022 released its first Green Bond report. Novelis Inc., the leading sustainable aluminium solutions provider and world leader in rolled aluminium products issued a 500 million EUR (approximately $588 million) Green Bond in March 2021 to fund projects aligning with its environmental sustainability priorities. As of 31st March 2022, Novelis has allocated $140 million of the net proceeds of this issuance to finance new or existing projects to increase aluminium recycling capacity and reduce primary aluminium usage, including improvements at recycling facilities in the U.S., Brazil, South Korea and Germany. When accomplished, the Green Bond projects anticipated restraining carbon emissions by...
Aluminium supplies to Europe to fill the scarcity in the region will further lower the aluminium inventories in LME-approved warehouses over the coming days and weeks from its current 17-year low. Citi analyst Max Layton has analysed and noted that aluminium supply will continue to remain weak in Europe as nearly 1.5 million to 2 million tonnes of output are at the risk of closure over the next three to twelve months. Record high power prices in Europe are continuously lifting the production costs of aluminium, resulting in output curtailments and shutdown. Western Europe accounts for about 10 per cent of global consumption estimated around 70 million tonnes this year. Aluminium shortage in Europe has resulted in large draws on LME aluminium stocks, which have already fallen by 72 per...
The Netherlands ranks as the 10 th leading exporter in the world with its foodstuffs sector is one of the country's largest industries, while other substantial industries include metallurgy, energy, chemical, trade, machinery, electrical goods and services, and tourism. Aluminium profiles are typically used in structural applications. Generally, there are three types of profiles according to their use: construction, architectural, and industrial. Aluminium bar rods find wide usage in many applications such as forging and rolling. The most competitive economy in Europe, the Netherlands and also it is the fourth in the world according to the World Economic Forum exported 329,926 tonnes of aluminium bar rods and profiles during 2019-2, attracting revenue earnings of around $1.12 billion from...
LME aluminium opened at US$2,824.5 per tonne on Monday and closed at US$2,835 per tonne, an increase of US$7 per tonne or 0.25 per cent. On Monday, May 16, LME aluminium cash bid price surged by US$69 per tonne or 2.53 per cent to score at US$2,790 per tonne. On the same day, LME aluminium official settlement price also witnessed a hike of US$68 per tonne or 2.49 per cent to halt at US$2,791 per tonne. 3-month bid price and 3-month offer price also ascended by US$72 per tonne to stop at US$2,820 per tonne and US$2,822 per tonne. December 23 bid price and December 23 offer price escalated by US$52 per tonne or 1.90 per cent to settle at US$2,775 per tonne and US$2,780 per tonne. LME aluminium opening stock dropped from 539800 tonnes to 532500 tonnes. Live warrants and Cancelled warrants...
The world's largest aluminium single-site smelter, Aluminium Bahrain B.S.C. (Alba) is on course to start building its fourth additional block at Power Station Five. The above remarks were made by Shaikh Daij Bin Salman Bin Daij Al Khalifa, Chairman of Alba's Board of Directors, during the signing ceremony with Mitsubishi Power & SEPCO III consortium on 16 May 2022 at Al Oasis Hall in Alba. Counting 680.9 megawatts (MW) of Combined Cycle Gas Turbines at Alba, Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), and SEPCO III consortium signed a full turnkey contract for the expansion on 16 th May. Mitsubishi Power Ltd. President and CEO Hideshi Kawamoto, Dr Javier Cavada, President of Mitsubishi Power Middle East and North Africa and GTCC Business Unit...
