Bell Bay Aluminium (BBA), Australia's oldest aluminium smelter, is reviewing its workforce and offering redundancies for a small number of positions, just over a month after receiving an AUD 200 million (USD 137.52 million) government support package aimed at securing the facility's future until at least 2031. Up to 10 roles are understood to have been affected by the review, although the smelter is expected to retain its existing workforce of approximately 550 full-time equivalent (FTE) employees. Some redeployment opportunities will also be available, while the positions identified are not understood to involve frontline services. The changes reportedly include some former participants in Bell Bay Aluminium's graduate programme. Rio Tinto, which operates the smelter near George Town in...
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,...
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In March 2022, alumina production in Europe (incl. Russia) stood at 769,000 tonnes, reflecting a month-on-month decline of 7,000 tonnes or 0.90 per cent from 776,000 tonnes. Monthly downfall in March continued as alumina output in February also stood down M-o-M by 12.32 per cent from 885,000 tonnes. On a year-on-year calculation, alumina production in March 2022 also represented a downfall of 13.50 per cent from 889,000 tonnes. Total production in three months (from January to March) this year amounted to 2.430 million tonnes, down by 6.47 per cent quarter-on-quarter from 2.598 million tonnes and 5.67 per cent year-on-year from 2.576 million tonnes. In the entire year of 2021, alumina production in Europe (incl. Russia) totalled 10.4 million tonnes, flaunting a rise of 1.81 per cent from...
According to the USGS, a total of 107,000 tonnes of aluminium plates, sheets and bars was imported to the United States in February 2022. On a month-on-month forefront, a plunge of 5,000 tonnes or 4.46 percent was witnessed. In January 2022 the amount settled at 112,000 tonnes, following m-o-m surge of 3,000 tonnes or 2.75 percent from 109,000 tonnes in December 2021. On m-o-m calculation a slump of 10,000 tonnes or 8.40 percent was recorded from 119,000 tonnes in November 2021. In February 2022 a total of 107,000 tonnes of aluminium plates, sheets and bars was imported to the United States, which on a year-on-year calculation augmented by 26,300 tonnes or 32.58 percent from 80,700 tonnes in February 2021. For the entire year of 2021 a total of 1,290,000 tonnes of aluminium plates, sheets...
Vedanta Limited continued to reduce its aluminium ingot and aluminium products prices for the fourth time in a row since April 21. With effect from April 30, 2022, Vedanta cut its aluminium ingot price by INR 3,000 per tonne or 1.11 per cent to INR 266,500--302,200 per tonne. A day before, the price stood at INR 269,500-305,200 per tonne, seeing a downfall of INR 2,500 per tonne or 0.9 per cent. Vedanta’s aluminium wire rod price also experienced a cut of INR 3,000 per tonne to INR 274,000- 281,500 per tonne. On April 29, the price was at INR 277,000- 284,500 per tonne, down by INR 2,500 per tonne from the previous day. Vedanta’s aluminium billet price came in at INR 274,500 per tonne, with effect from April 30, seeing a cut of INR 3,000 per tonne as well. The three-month futures of...
In the West African nation Ghana, Rocksure International Limited, a contract mining company has over the years developed a substantial capacity and flexibility for executing measures to encounter the challenges of planning, equipping and staffing several mining sites. The Accra headquartered company, Rocksure International has manifested not to transport bauxite by road to save the country’s road network from shattering by heavily loaded trucks. Kwesi Enyan, the Executive Director of Operations for Rocksure International publicized this in Tarkwa when the University of Mines and Technology (UMaT) held a special convocation for 27 students. “The Ghana Integrated Aluminum Development Corporation (GIADEC) had selected Rocksure International to develop one of the three blocks, block ‘b’ of...
JISCO Alpart, specialised in the refining of bauxite ore into alumina, is eyeing to mine more ore to feed its refinery, which is expanding at a cost of US$1.1 billion. As per the report, the bauxite-alumina producer will dig through 700 acres of land known as the ‘Outer Valley,’ requiring the relocation of small farmers. JISCO already has a prospecting licence for mining – SEPL 541 Outer Valley. The land has inhabitants of communities of Pepper, Long Hill, Friendship, Fellowship, Southampton, Northampton, Goshen, Gilnock, Santa Cruz, Mitchell and Peru Pen. The environmental impact assessment report of the mining, done by EnviroPlanners Limited, notes that the Outer Valley holds “the quantity and quality of bauxite required by JISCO Alpart for a viable plant upgrade and expansion...
Aluminium customers in the United States are deferring new orders over the fear of impending recession that may be caused due to increased inflation and deteriorating supply chains. According to numerous persons who trade the lightweight industrial metal, spot trades have taken a break in recent weeks as Russia's invasion of Ukraine contributed to the market's already high wait times and declining demand. Buyers are continuing to get their contractual metal, but recent economic indicators have caused some to delay acquiring more metal for their shipments. A key cause of the delay is the automobile industry's chronic semiconductor shortages, which are preventing carmakers from reaching full capacity. According to data from the Aluminum Association, the car sector consumes 31% of all...
On 29 th April, LME aluminium cash bid price stood at US$3,038 per tonne, witnessing a 0.88 per cent or US$27 per tonne decline, while LME aluminium official settlement price halted at US$3,039, diving down by 0.86 per cent or US$26.50 per tonne. 3-month bid price stood at US$3,043 per tonne, dropping 1.30 per cent or US$40 per tonne. The 3-month offer price came in at US$3,044 per tonne, losing US$39.50 per tonne or 1.28 per cent. On the same day, December 23 bid price and December 23 offer price settled at US$2,932 per tonne and US$2,937 per tonne, respectively, both with a 0.78 per cent or US$23 per tonne fall. LME aluminium opening stock continued to decrease by 0.27 per cent or 1,525 tonnes from 571,625 tonnes to 570,100 tonnes as of 29 th April. Live warrants totalled 375,575...
As a leading provider of hazardous waste recycling services to the aluminium and steel industries, Luxembourg-based Befesa S.A., recently reported the strongest quarterly results in its 35-year history, with an EBITDA of 61.1 million euros ($64.4 million). Befesa said, “In addition, it was 25 % greater than the company's Q1 2021 EBITDA of 48.8 million euros, which supports a positive outlook for 2022.” Based on the company's findings, its year-over-year positive earnings performance this quarter was primarily driven by strong base metal prices and good volume performance. This encompassed the contribution from its Unites States zinc operations and foremost volume from its first facility in China. These costs more than offset energy inflation and higher treatment charges of $230 per tonne...
Mining major Vedanta is taking multiple steps this year to upgrade its margins, from increasing its portfolio of value-added products to sourcing raw materials from captive mines. During its recently completed fiscal year, the company had an EBITDA margin of almost 35%. The Indian multinational mining company, Vedanta has lately secured two iron ore mines in Odisha through auctions. As per the statement of Sunil Duggal, the Chief Executive Officer of Vedanta Limited, “Once these mines get operational, they will not only secure its iron ore supplies for its steel arm ESL Steel and reduce the raw material cost, but also provide a consistent quality.” The CEO further stressed by saying that the Vedanta has three coal mines which are anticipated to functionalize one after the other in the...
One of the fastest-growing mining companies in the world, the Saudi Arabian Mining Company (Ma’aden) has booked a net profit of SR2.9 billion ($772.2 million) for Q1 2022, reflecting a growth of 246% in comparison to the same phase previous, a benchmark of its own created. An announcement of its financial results for the first quarter resulted on 31 st March 2022, Ma’aden stated, “Our sales scaled up by 64% to SR8.9 billion from the same phase existing year, while EBITDA stood at SR4.4 billion, soared by 101% compared to the previous year.” The group ranked among the global top ten mining companies by market value, Ma’aden indicated that the company’s phosphate business contributed 70% to the group's EBITDA for Q1 2022, accordance by aluminium 24% and gold segment contributed 6%...
The recycled aluminium sector embraced both developments and boundaries this week. To reduce the carbon footprint left by the misuse of materials by human beings, companies are adopting various methods regularly. Aluminium cans are being paid more at recycling facilities in south-eastern Wisconsin, allowing customers to profit from the increased demand. While in the UK, the aluminium packaging recycling rate reached a new high of 68% in 2021, with more than 156,000 tonnes collected for recycling. On April 20, 2022, PyroGenesis Canada Inc., headquartered in Montreal, Quebec, provided a comprehensive update on its aluminium business line. The company is highly upgraded and excels in the design, development, manufacturing, and commercialisation of advanced plasma processes and sustainable...
The American company that makes metal beverage and food cans, metal aerosol containers, metal closures and speciality packing, Crown Holdings has recently declared its plan of constructing a high-speed aluminium line at its Agoncillo beverage-can facility in Spain. After evaluating the market in Thailand, TOSTEM, Japan’s leading manufacturer of aluminium windows and doors, wishes to expand its company shares in the retail sector there. Funding worth $4 million has been granted to the Saguenay-based business, A3 Surfaces to commercialise their unique technology of producing antimicrobial anodized aluminium. On Thursday, April 28, ASI announced the joining of Aludyne as its new industrial user member. Aludyne is a prominent global, vertically integrated manufacturer of cast and machined...
In March 2022, alumina production in Africa & Asia (ex-China) was 1.088 million, up by 1.21 per cent month-on-month from 1.075 million tonnes, found the International Aluminium Institute. However, the output in February was down from its previous month by 6.44 per cent from 1.149 million tonnes. In three-month time ended March 31, alumina production in Africa & Asia (ex-China) totalled 3.312 million tonnes, 2.76 per cent less than 3.406 million tonnes in Q4 2021 despite a hike in the March output. On a year-on-year basis, Africa & Asia’s alumina production in 1Q2022 also stood down by 5.3 per cent from 3.145 million tonnes. On a year-on-year calculation, alumina production in Africa & Asia (ex-China) in March 2022 recorded a marginal change compared to 1.074 million tonnes. The worldwide...
Nemak, a multinational automobile components manufacturer based in Garca, Mexico, announced $1,131 million in sales in the first quarter of 2022, up 8.9% year over year due to higher aluminium prices. Nemak has recently expanded into the field of structural components and electric car components. Nemak intends to build three new factories in Europe and North America to meet the joining and assembly needs of these goods, with an estimated total expenditure of over $200 million. Nemak also got contracts of roughly $390 million per year in 1Q22, out of which 90 percent of the sum represented new business to manufacture parts for completely electric automobiles. The Company was selected GM Supplier of the Year for the 20th time on March 17, cementing its position as one of the most well-known...
Aluminium Bahrain B.S.C. (Alba), the world’s single-site largest aluminium smelter outside China embellished new records in safety on 30 April 2022 as it excelled 25 million safe working hours without Lost Time Injury (LTI) for the first time in the history of its commercial operations. However, this landmark is achieved apace with exceeding 25 million metric tonnes (MT) in overall production since the Bahraini aluminium company initiated its operations in 1971. Ali Al Baqali, the Chief Executive Officer of Alba, while commenting on this highest-ever safety performance said, “Alba is the author of its destiny. Achieving 25 million-milestone, in both Safety and Production, allowed us to sign up in history books for our Golden Jubilee of Operations.” “Safety and Production are mutually...
On April 25, the benchmark aluminium price for SHFE declined by US$145 per tonne to US$3,239 per tonne, then falling another US$68 per tonne to US$3,171 per tonne on April 26. The price fell further on Wednesday, April 27, to US$3,168 per tonne, before rising by $5 per tonne the next day to US$3,173 per tonne. On the other hand, A00 aluminium ingot price opened the week on Monday, April 25, with a plunge to record at RMB 20,950 per tonne, which further declined the next day by RMB 210 per tonne to settle at RMB 20,740 per tonne. Due to the stable power supply in Yunnan province, Henan Shenhuo Coal & Power Co Ltd announced this week that it plans to increase output to 900,000 tonnes, the unit's full capacity, by the end of this month. Shenhuo is a well-known Chinese aluminium manufacturer....
The global aluminium industry's most crucial, downstream segment remained highlighted due to some of the potential news. To begin with, AMAG achieves the greatest quarterly profitability in 1Q2022, with revenue up 60 percent. The largest firm in the Austrian aluminium manufacturing sector, AMAG Austria Metall AG, has announced ongoing excellent results for the first quarter of 2022, which concluded on March 31. Malaysian Press Metal Aluminium said that the Inland Revenue Board (IRB) has granted a "amicable settlement" with its Sarawak subsidiary for extra instalments from 2014 to 2019. AMAG Austria Metall AG's fully owned subsidiary, AMAG components, which has been working successfully with Ruag Aerostructures for many years and has its headquarters in Übersee am Chiemsee in Germany, has...
Hindalco Industries Limited has further decreased its aluminium ingot and products prices, with effect from Saturday, April 30. This marks the fourth consecutive cut since April 21. As per the revised prices revealed, Hindalco has cut its aluminium ingot price by INR 2,750 per tonne or 1.02 per cent to INR 266,750 per tonne. On a day earlier, April 29, the price stood at INR 269,500 per tonne, seeing a trim of INR 2,500 per tonne. Hindalco’s aluminium wire rod price has come in at INR 277,850 per tonne, down by INR 2,750 per tonne from INR 280,600 per tonne on the previous day. Aluminium billets price is hovering at INR 280,850 per tonne, witnessing a downfall of 0.97 per cent from INR 283,600 per tonne on April 29. Hindalco links its aluminium ingot and products prices to the three-month...
