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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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 solutions that aim to reduce greenhouse gases (GHG). Since the release of the company’s initial Aluminium Industry Strategy in September 2020, there has been a huge expansion of the mandate, as global aluminium producers are facing heightened metal demand, rising energy costs, and higher market prices for high-quality aluminium amidst the pressure to reach zero-carbon emission targets. To counter everything, the company has increased sales efforts and R&D, focusing on its innovative new uses of...
A fresh round of funding worth $4 million will help A3 Surfaces commercialise antimicrobial anodized aluminium, a unique technology created by the Saguenay-based business. The Québec government provided A3 Surfaces with a $2 million loan as part of this new round of funding to help the company commercialise its aluminium anodizing technology. Desjardins Capital has pledged a $1 million contribution. In addition, $1 million has been invested by stockholders. The announcement was made on Friday, April 22, in the presence of the Québec government and Desjardin Capital Pierre Fitzgibbon, Minister of Economy and Innovation and Minister responsible for Regional Economic Development, Andrée Laforest, Minister of Municipal Affairs and Housing and Minister responsible for the...
According to a recent report, Emirates Global Aluminium, the largest industrial company outside oil and gas in the UAE, has agreed to a revolving credit facility tied to the Term Secured Overnight Funding Rate (SOFR).It will provide EGA an access to $137.5 million, with a term extended by 12 months. SOFR is a benchmark interest for dollar-denominated derivatives and loans that replace the London interbank offered rate (LIBOR). EGA is one of the first in the Middle East to agree to conduct transactions through syndicated corporate credit facilities in accordance with Term SOFR as the benchmark pricing, using the Chicago Mercantile Exchange SOFR forward rate. SOFR offers a benchmark interest rate based on data from observable transactions, while LIBOR relies on disclosures from selected...
As per the reports from SMM, the average operating rate of major aluminium processing companies fell 3.3 percent to 64.5 percent last week (April 18 to April 22). Except for a modest gain in the aluminium wire and cable sector and constant operating rates in the aluminium plate, sheet, and strip sector, all other sectors' operating rates have decreased to varying degrees. The present epidemic continues to place a strain on downstream production. The market must continue to monitor the impact of the pandemic on corporate transportation in various locations. If the pandemic subsides, downstream consumption is projected to revive swiftly, and business output will increase dramatically. From April 18 to April 22, the alloy and aluminium extrusion industries' operating rates dropped the...
According to the US Census Bureau data, the United States imported 194,000 tonnes of aluminium crude metals and alloys from Canada in January 2022. That was a decrease of 2,000 tonnes or 1.02 per cent from 196,000 tonnes in December 2021. As per the data shown, the monthly decline in China’s aluminium crude metals and alloys imports extended for the second month in a row, albeit slower in January, because the imports in December recorded a plunge of 39,000 tonnes or 16.6 per cent from 235,000 tonnes. However, on a year-on-year calculation, the United States aluminium crude metals and alloys imports in January 2022 registered a hike of 28,000 tonnes or 16.87 per cent from 166,000 tonnes. In the entire year of 2021, the crude metals and alloys imports by the United States from Canada...
China’s bauxite import for March 2022 witnessed M-o-M hike of 13.58 percent and 15.79 percent Y-o-Y, says the customs data. In total, China imported 11.7 million tonnes of bauxite in March. For the same month, Australia imported a total of 2.95 million tonnes, rising by 15.62 percent M-o-M but down by 4.64 percent Y-o-Y. Imports from Guinea settled at 6.18 million tonnes, which experienced a surge of 2.89 percent M-o-M, but down by 7.83 percent Y-o-Y. Indonesia’s imports for March were pegged at 2.48 million tonnes, which went on to reflect a surge of 45.22 percent M-o-M, followed by a Y-o-Y surge of 104.75 percent. Bauxite was first imported into China from Montenegro and Iran. In Q1, China bought 32.7 million tonnes of bauxite, up 20 percent year on year. Imports from Australia were...
LME aluminium opened at US$3,301 per tonne last Friday and closed at US$3,244.5 per tonne, down US$58 per tonne or 1.76 per cent. On 22nd April, LME aluminium cash bid price stood at US$3,243.50 per tonne, facing a 0.54 per cent or US$17.50 decline, while LME aluminium official settlement price halted at US$3,244, falling by 0.55 per cent or US$18. 3-month bid price stood at US$3,259 per tonne, going down by 0.49 per cent or US$16, and 3-month offer price came in at US$3,261 per tonne, losing US$15 per tonne or 0.46 per cent. On the same day, December 23 bid price and December 23 offer price settled at US$3,085 per tonne at US$3,090 per tonne, respectively, both with a 1.28 per cent or US$40 fall. LME aluminium opening stock continued to decrease by 0.63 per cent or 3,725 tonnes from...
The leading Austrian premium supplier of high-quality cast and rolled aluminium products used in a wide range of industries including the aircraft, AMAG Austria Metall AG’s fully owned subsidiary, AMAG components with its headquarter in Übersee am Chiemsee in Germany since the beginning of the year, has been working successfully with Ruag Aerostructures for many years. AMAG components is an important supplier of complex individual parts and assemblies, that has now been able to secure the existing scope of supply for years to come and acquire additional orders for new parts and assemblies. However, both the parties have agreed not to unveil the elements of the contract, which has a total volume of around one hundred million euros. Gerald Mayer, the CEO of AMAG Austria Metall AG said,...
The downstream aluminium segment has been in the news this week moreover due to a few interesting happenings. The American industrial aluminium company, headquartered in Atlanta, Georgia, United States, Novelis, which is also a subsidiary of Hindalco Industries has declared its investment plan of more than $30 million for building a new continuous annealing line at its Plettenberg-Ohle facility in Germany. The company that is eyeing to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (HPA) (Al2O3), Altech Chemicals has described its feasibility study for its battery materials coating plant to be ‘outstanding’ and ‘highly positive’. Vedanta Limited slightly expanded its aluminium products and aluminium ingot prices on Friday, April 15, following a sharp cut of...
The after effects of Russia-Ukraine crisis can still be felt in the global alumina industry. To begin with, as per customs figures released on Wednesday, April 20, China's alumina export to Russia had increased by more than 90 times in March compared to the same month a year ago, as Western-led sanctions had cut off some of its usual supply. The global alumina market is expected to be in a state of flux in the second quarter (Q2) of 2022, as the fallout from the Russia-Ukraine war, as well as a bevy of other interrelated factors, threaten to disrupt supply and demand fundamentals. However on the other, the news of Alba receiving the Royal Society for the Prevention of Accidents (RoSPA) Gold Medal Award for maintaining a good safety and health record in fiscal year 2021, shows the care and...
Aluminium cans are being paid more at recycling facilities in south-eastern Wisconsin, giving customers an opportunity to profit from the increased demand. Hector Garcia and his colleagues had their hands full sorting cans at All Scrap Metal Recycling in Milwaukee on Friday, April 22. As per Gracia, the cost per can was 60-65 cents a pound a year ago, which has now become around 80 cents. “Been around this for a while, so I’m pretty used to it, the silver lining is we actually pay money for this. My personal opinion is the war in Russia I think a lot has to do with that. The demand is there across the nation, so I think supply and demand is what it is,” added Gracia. Alexandra's firm is giving away free trees to anyone who recycles cans as demand grows. Just last week, the facility...
Hindalco Industries Limited again cut its aluminium products and aluminium ingot prices, with effect from Thursday, April 21, following an intermittent hike on the previous day. On April 21, the company reduced its aluminium billets price by INR 5,500 per tonne or 1.82 per cent to sell the product at INR 297,350 per tonne. On April 20, the price had seen a raise of INR 8,750 per tonne to stand at INR 302,850 per tonne. Hindalco’s aluminium wire rod price was also slashed by INR 5,500 per tonne on April 21 from INR 299,850 per tonne on April 20 to INR 294,350 per tonne. Aluminium ingot price came in at INR 283,250 per tonne versus INR 288,750 per tonne on the earlier day. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London...
A fire at the Imperial Aluminum plant in Minerva, Ohio, some 75 miles from Cleveland, had caused significant damage and serious injuries to a worker there. The incident happened on Wednesday, April 20. According to Capt. Mike Hutson of the Sandy Creek Joint Fire District, the victim was working with machinery when water came into touch with a byproduct of smelted aluminium, producing an explosion. When firemen arrived at around 2:54 a.m., about 25 to 30 workers were standing outside. As doctors transported the seriously injured person to Aultman Hospital in Canton, firefighters began battling the blaze, according to Hutson. He explained that the firm smelts aluminium into ingots, which are subsequently exported overseas. According to Hutson, the event damaged the metal building's ceiling...
The primary aluminium industry has witnessed a rise in LME aluminium by $US$39.5 per tonne on 21 st April 2022 and closed at US$3,302.5 per tonne. The Indian aluminium major, Nalco increased its aluminium ingot price by INR2100/t on April 21to sell it at INR 282,650-286,150 per tonne. The picture remains quite clear for the global aluminium industry, as the demand for aluminium is ascending, while the supply seems to have a glitch. The geopolitical factors, the gas supply shortage and the rise in energy prices, supply disruptions putting a hold on raw materials and the return of Covid in China is driving the industry’s situation to complex. Aluminium is a heavily required commodity now due to its sustainable nature and the automotive, construction and packing sector are gradually shifting...
On 21 st April 2022, the High Court of Odisha directed the Indian Railways to allocate rakes for the carriage of coal to the Indian state-owned integrated aluminium company Nalco. According to a report it was stated that Nalco is countering the coal shortage challenge and Odisha Govt. will find a solution to resolve it. In an interim order, the High Court directed the East Coast Railways (ECoR) to take into consideration of four rakes allotments every day with the greatest importance to transport coal from Mahanadi Coalfields’ (MCL) Bharatpur mines to NALCO’s plant at Angul and if such a request is made by the aluminium producer. The Central PSU officer’s body, Nalco Officers’ Association has proceeded to the HC seeking endeavouring a direction since the smelter is facing a high dearth of...
Among the significant events in the global aluminium recycling business that we've seen this week, one is the news of Ball Corporation creating 90 percent recycled contents. Also, the news of Hawaiian Airlines, the largest operator of commercial flights to and from the Hawaiian Islands in the United States, using recyclable aluminium water bottles in place of plastic bottles, clearly shows that the industry is slowly shifting towards a more sustainable approach. Aluminium recycling has a number of significant environmental and economic benefits. Hydro has started construction of a state-of-the-art aluminium recycling mill in Cassopolis, Michigan. With a crew of roughly 70 persons, production will commence in 2023. Apart from this, Major League Baseball (MLB) and National Football League...
Vedanta Limited cut its aluminium ingot and aluminium products prices, with effect from Thursday April 21, soon after it raised the prices on the previous day. With effect from April 21, the company reduced its aluminium ingot price by INR 5,500 per tonne or 1.90 per cent to INR 283,250-330,750 per tonne. On April 20, Vedanta’s aluminium ingot price hovered around INR 283,250-330,750 per tonne, seeing an increase of INR 6,500 per tonne. Vedanta’s aluminium wire rod price came in at INR 290,750-298,250 per tonne on April 21, down by INR 5,500 per tonne from INR 296,250-303,750 per tonne on April 20. Aluminium billet price saw no exception but a slash of INR 5,500 per tonne on April 21 to INR 291,250 per tonne. Vedanta Limited links its aluminium products and aluminium ingot prices to the...
Spanish manufacturer of steel and aluminium parts, Ecrimesa Group, headquartered in Santander has expanded its facilities to a total area of about 20,000 m 2 . The facility consists of a technical office and a moulding workshop. The adjoining machining plant has areas for investment casting, Metal Injection Moulding (MIM), Additive Manufacturing, a metallurgical laboratory and metrology department. Ecrimesa Group facilities house the latest machinery and they boast having qualified staff to develop projects concerning fabrication of steel and aluminium parts by investment casting and Metal Injection Moulding (MIM), the latter being their unique innovation. MIM is largely used in medical industry and due to its accuracy in forging metal; it can be used for making complex shapes required in...
