COROS has introduced the DURA 2 SOLAR, a second-generation GPS cycling computer featuring an anodised aluminium alloy frame and a braided carbon fibre back. The new model combines aluminium construction with a larger touchscreen, updated navigation functions and extended battery life. The device features an aluminium upper frame with a profile measuring just 5.7 mm at its thinnest point. Its construction combines the metal with carbon fibre to keep the overall weight at 99 grams without a mount, increasing to 138 grams with a compatible mount. The use of aluminium is part of a broader redesign that gives the cycling computer a slimmer profile. COROS has also expanded the screen size from 2.7 inches in the original DURA to 3.5 inches in the new model, improving the available display area...
Silgan Holdings and funds affiliated with American Industrial Partners (AIP) are set to acquire Trivium Packaging in an all-cash deal valued at approximately $3.4 billion. The transaction will combine Trivium’s aluminum and metal packaging operations with Silgan’s Metal Containers’ aluminum and steel segment and food and beverage flat cap closures businesses, creating Silgan Metal Containers and Closures (MCC), a global aluminum packaging business valued at $7.3 billion. Silgan will hold a 60% stake in the new entity, while AIP will own the remaining 40%. Operations will be concentrated primarily in North America and Europe. To learn the future of aluminum in the packaging industry, explore our report " ALuminium in Packaging: Consumer Trends and Market Dynamics " Deal structure and...
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Rio Tinto’s New Zealand aluminium operations delivered a robust financial performance in 2025, with parent company Pacific Aluminium (New Zealand) reporting a net profit of USD 176 million, supported by higher aluminium sales revenue and increased production at the Tiwai Point smelter. For the year ended December 31, 2025, Pacific Aluminium recorded a pre-tax profit of USD 246 million. Although lower year-on-year than the USD 1.28 billion reported in 2024, the previous year’s result was significantly boosted by a one-time accounting gain related to the acquisition of the remaining stake in New Zealand Aluminium Smelters (NZAS). Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price...
Irish authorities are examining export data submitted by Aughinish Alumina after questions were raised over the volume of alumina shipped from the Limerick-based refinery to Russia. The review follows reports that more than 80 per cent of Aughinish’s alumina exports during the first quarter of 2026 were destined for Russia. However, Ireland's Minister for Enterprise, Trade and Employment, Peter Burke, said the figures may not accurately reflect the company’s actual export distribution. According to Burke, the proportion of exports sent to Russia was closer to 45 per cent, with a similar share supplied to European and other international markets. Ireland’s Department of Enterprise confirmed it had been informed of a discrepancy in export volumes reported by the company and said Aughinish...
Giga-casting technology has rewritten the economics of automotive aluminium, but the deepest disruption is not in the press hall. It is in the alloy chemistry, the scrap loop, and the macroeconomic positioning of every foundry that supplies the automotive sector. After Part 1 which highlighted aluminium giga-casting revolution in foundries , Part 2 of this series examines the metallurgical science that makes aluminium giga-casting possible, the demand that is about to be created, the closed-loop scrap economy that will redefine secondary metal markets, and what foundries in Germany, China, North America, and India must do to survive the transition. The alloy revolution inside the machine Standard ADC12 cannot be used in giga-casting. Understanding why requires a short look at alloy...
The Indian National Congress (INC), an Indian political party, has expressed concern to the Union Government over the proposed bauxite project at Odisha’s Koraput district. Mr Jairam Ramesh, the General Secretary of the INC, has referred to the Forest Rights Act, 2006, to safeguard tribal as well as forest rights. The matter came to the forefront after a debate over the approval documents from the Gram Sabha meetings held for a bauxite mining project on the Balda Hill in the Nageswari forest reserve was brought into consideration. Explore the relevance of red mud in the sustainable aluminium industry in A Comprehensive Analysis of Bauxite Residue (Red Mud): Sustainability, Resource Recovery and Strategic Recommendations The Congress leader pointed out that the company in concern has...
The London Metal Exchange (LME) aluminium price history is close to being rewritten as the aluminium price hits a four-year high at the close of the June 2 session. Surging past the closing figures of June 1 , prices continue to advance towards the USD 4,000 price tag. Meanwhile, declining stocks and warrants indicated a worldwide aluminium supply shortage. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium cash bid jumped from USD 3,795 per tonne on June 1 to USD 3,854 per tonne on June 2, rising by 1.55 per cent. The offer climbed from USD 3,795.5 per tonne to USD 3,855 per tonne , gaining 1.57 per cent. The aluminium price surpassed a four-year high...
Johannesburg-based aluminium beverage can manufacturing company Nampak delivered a resilient first-half (H1) FY2026 performance, backed by stronger profitability in its beverage operations, lower finance costs and continued balance sheet improvement, despite a sharp contraction in its Diversified business segment. The company reported normalised headline earnings of ZAR 346 million (USD 21.34 million) in H1 , up 9 per cent from ZAR 317 million (USD 19.55 million) year-on-year, while normalised headline earnings per share (HEPS) increased 8 per cent to 4,131.6 cents , reflecting improved earnings quality and lower borrowing costs. As noted by the CEO Riaan Heyl, the H1 result depicted a “performance resilience despite headwinds in Diversified with the strategic clarity, revenue growth...
Automotive industry executive Vineet Sahni has joined Victura Group as Chief Executive Officer, a few weeks after stepping down as CEO and director of Fiem Industries. Headquartered in Faridabad, Victura Group manufactures precision components, sub-assemblies and systems for automotive OEMs and Tier 1 suppliers in domestic and international markets. Its product portfolio includes sheet metal stampings, sheet frames, exhaust system components, forged and machined parts, pressure pipes, aluminium castings and other engineered products used in passenger vehicles, two-wheelers, commercial vehicles, electric vehicles and off-highway equipment. Sahni brings more than two decades of experience in the automotive components industry. Over his career, he has held leadership positions at Fiem...
India’s cable and wire industry is expected to report revenue growth of 28-30 per cent in FY27, supported not only by infrastructure demand but also by tighter global supplies nd increasing prices of aluminium and copper, according to a report by Crisil Ratings. The sector is expected to benefit from an investment pipeline of INR 10-12 trillion (USD 105-126 billion) across power transmission, renewable energy, real estate, data centres and smart meter projects. The growth forecast comes after the industry recorded more than 20 per cent volume-led growth in FY26. Crisil’s analysis covers 17 cable and wire manufacturers that account for nearly 70 per cent of the organised sector’s revenue of around INR 1 trillion (USD 10.5 billion). Organised companies contribute nearly two-thirds of the...
Shares of major aluminium producers in Hong Kong moved higher, supported by rising alumina prices and concerns about future bauxite supplies from Guinea. Among the gainers, China Aluminum Corporation rose 3.4 per cent to HKD 11.25 (USD 1.44), while China Hongqiao Group gained 3.36 per cent to HKD 29.52 (USD 3.77). Shares of Nanshan Aluminum International were also up 1.27 per cent at HKD 36.70 (USD 4.68). The move followed a recent increase in alumina prices. According to industry data cited by China Nonferrous Metals Network, alumina prices have climbed above CNY 2,800 (USD 413.88) per tonne, reaching their highest level in recent months. Market sentiment has been influenced by reports of Guinea introducing new export controls on bauxite beginning in June. Guinea is one of the world's...
Canovation and CANPACK have announced a collaboration to support the next phase of development for CanReseal, a resealable aluminium can-end system. The partnership is intended to help move the technology from late-stage development toward pilot-scale deployment and future commercial applications. Under the agreement, the two companies will work on the remaining development and manufacturing activities needed to prepare CanReseal for implementation on pilot production lines. Canovation said the collaboration combines its proprietary resealable can-end technology with CANPACK’s manufacturing expertise and global presence in the beverage packaging sector. The companies aim to bridge the gap between product development and large-scale manufacturing by focusing on technical validation and...
New Zealand has opened a safeguard investigation into imports of certain aluminium extrusion products, according to a notification circulated by the country to the World Trade Organization Committee on Safeguards on May 28, 2026. The investigation was initiated by New Zealand’s Ministry of Business, Innovation and Employment (MBIE) and relates to aluminium alloy profiles, bars and rods manufactured using extrusion processes. The products under review fall under tariff classifications 7604.21.00 00B, covering hollow profiles, and 7604.29.09 00F for other aluminium extrusion products. According to the notification, the investigation covers extrusions produced from alloys belonging to the 1, 2, 3, 5, 6 and 7 series under the Aluminium Association classification system. For forward-thinking...
Aluminum Corporation of China (Chalco) has confirmed that the conditions for the third unlocking period of restricted A shares issued under its 2021 restricted share incentive plan have been met. The company said the latest unlocking follows a series of earlier adjustments made to the scheme, including the repurchase and cancellation of restricted shares that did not meet vesting requirements. Previous rounds of share unlockings and listings have also been completed as part of the programme. The incentive scheme is designed to link employee compensation with company performance while helping retain key personnel. The latest unlocking indicates that the relevant performance and vesting conditions have been achieved for the eligible participants. Explore: The most comprehensive and...
Around 200 companies attended a European Union investment roadshow in Johannesburg on June 1 as the bloc moved forward with plans to invest EUR 12 billion (USD 13.98 billion) in South Africa’s critical mineral endeavours. The event was held as competition continues to grow globally for access to critical minerals used in clean energy, defence and artificial intelligence. Hosted at the Johannesburg Stock Exchange, the roadshow was the first major effort to mobilise investment under the 2025 EU-South Africa Clean Trade and Investment Partnership. South Africa used the meeting to reiterate its position that mineral-producing countries should gain more value through local processing and industrial development instead of only exporting raw materials. Trade Minister Parks Tau said, “Our...
Canpack has partnered with Art of Packaging to encourage young designers, students and emerging creative talent to explore new possibilities in aluminium can design. The collaboration aims to position aluminium cans as a creative platform while helping designers understand how bold concepts can be translated into commercially viable packaging solutions. Through the initiative, the two organisations will encourage participants to rethink conventional design limitations and develop ideas that combine creativity with real-world production requirements. Canpack said its expertise in eight-colour dry offset printing and decorative effects would help bridge the gap between creative ambition and execution, enabling more advanced and production-ready can designs. “Partnering with Art of Packaging...
India’s push to secure access to critical minerals and strengthen regional connectivity featured prominently during talks between Prime Minister Narendra Modi and Myanmar President Gen Min Aung Hlaing in New Delhi, alongside discussions on security cooperation and Myanmar’s political situation. Foreign Secretary Vikram Misri said rare earths and critical minerals were part of the discussions as both countries explored ways to deepen cooperation in the sector. “Issues relating to critical minerals and rare earths did come up during the discussions today,” Misri said after the meeting. Myanmar holds sizable rare earth deposits, particularly in Kachin state near the Chinese border and in regions close to Thailand, although access to many of these areas remains difficult due to ongoing...
As the 2026 primary aluminium production navigates through a rocky course, the global alumina production map is being redrawn by the respective geopolitical factors. The data accumulated by the International Aluminium Institute (IAI) depicted drastic drops in the cumulative alumina production volume across the world in April 2026, exhibiting a turbulent market environment. Global alumina production in April 2026 stood at 11.92 million tonnes, which recorded a month-on-month decline of 5.74 per cent from 12.65 million tonnes produced in March 2025. Looking at the figure closely, a year-on-year drop of 2.59 per cent from the production volume of 12.24 million tonnes can be noticed as well. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina...
Aluminium Bahrain (Alba) is expected to acquire Aluminium Dunkerque, the EU’s largest primary aluminium smelter, in a USD 2.2 billion deal, subject to EU FSR clearance and other regulatory approvals The deal will mark a significant step in Alba’s strategy to build a global low-carbon aluminium platform. The transaction was announced jointly with American Industrial Partners, the current owner of Aluminium Dunkerque, and Bpifrance, which will acquire a minority stake in the company alongside Alba. The Memorandum of Understanding (MoU) between Alba and Bpifrance was signed in Paris during the Choose France Summit in the presence of His Excellency Shaikh Salman bin Khalifa Al Khalifa, Bahrain’s Minister of Finance and National Economy and Chairman of Mumtalakat Holding Company, and Nicolas...
Odisha is advancing with the mining auction process for eleven mineral blocks across essential mining districts, reopening discussions around some of the state’s most coveted resource projects. Among the assets on offer is the Karlapat bauxite block in Kalahandi district, a deposit that has long remained at the centre of environmental and legal debates. The Directorate of Mines and Geology has invited bids for mining leases (ML) covering eight mineral blocks and composite licences (CL) for three bauxite-bearing blocks located in Kalahandi, Keonjhar, Rayagada, Sundargarh and Bargarh districts. Explore the relevance of red mud in the sustainable aluminium industry in A Comprehensive Analysis of Bauxite Residue (Red Mud): Sustainability, Resource Recovery and Strategic Recommendations The...
