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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CMR Green Technologies has moved ahead with its public listing at a time when several companies have delayed IPO plans due to volatile market conditions. The INR 6,300 million (USD 66.16 million) issue is a pure offer-for-sale (OFS), with no fresh issue component, and is also the first mainboard IPO to hit the market in more than a month. The launch comes at a time when investor sentiment toward OFS-heavy IPOs has remained cautious. Even so, Chairman and Managing Director Mohan Agarwal said the company remains confident about the business and the timing of the issue. The management also said roadshows with institutional investors gave the company confidence to proceed with the IPO despite ongoing market uncertainty. Explore our e-magazine “ Sustainability & Recycling: Aluminium's Dual...
Maan Aluminium is entering a phase where improving technical momentum is colliding with softer earnings performance, leaving investors with a divided outlook on the stock’s near-term direction. The company’s latest quarterly numbers reflected a visible slowdown in profitability. For Q4 FY25-26, profit after tax (PAT) stood at INR 17 million (USD 178000), down 55.5 per cent compared with the average of the previous four quarters. PBDIT dropped to INR 16.4 million (USD 172000), while the operating profit-to-net sales ratio weakened to 0.64 per cent, marking one of the softer quarterly performances seen in recent periods. Despite the weak earnings trend, technical indicators continue to present a mixed picture. Weekly and monthly MACD indicators remain bullish, signalling underlying medium-...
Printmann Offset is accelerating its expansion in southern India with a new 150,000-square-foot manufacturing facility in Hyderabad, strengthening its presence in one of the country’s fastest-growing packaging markets. The Mumbai-based packaging company currently supplies cartons, labels, leaflets and aluminium foil packaging across both primary and secondary packaging segments. The new facility is expected to become operational before the end of the current financial year and forms part of the company’s broader ambition to become a pan-India packaging player. Hyderabad expansion follows HSOP acquisition The new facility comes after Printmann’s majority acquisition of Hyderabad Security Printers and Offset Printers (HSOP), the first major step under the company’s “Printmann 2.0 & Beyond”...
For years, the global solar industry focused almost entirely on expansion. Massive solar farms were built across continents, installations surged and photovoltaic (PV) panels became one of the fastest-growing energy technologies in the world. Now, the industry is entering a very different phase - dealing with what happens when those panels begin reaching the end of their life, particularly the growing challenge of recovering valuable materials such as aluminium from ageing solar infrastructure. A growing number of ageing solar assets, combined with falling module efficiency and large-scale repowering projects, is creating a new stream of solar waste across global markets. Industry projections indicate that discarded PV modules could reach several million tonnes by 2050, turning...
Japan’s aluminium market is facing growing uncertainty as escalating tensions in the Middle East begin disrupting one of the country’s most critical supply routes for the metal. For years, Japan has relied heavily on Gulf producers such as the United Arab Emirates and Saudi Arabia, with the region supplying around 20 per cent of the country’s raw aluminium imports thanks to its low electricity costs and large-scale smelting capacity. But the worsening crisis around the Strait of Hormuz is now exposing the risks of that dependence. The effective blockade of the waterway has disrupted bauxite and aluminium supply chains across the region, forcing some smelters in countries such as Qatar and Bahrain to reduce operations. Adding to the pressure, Emirates Global Aluminium PJSC - one of the...
Metro Mining has announced that non-executive director Jo-Anne Scarini has resigned from the company’s board, with the resignation taking effect on May 30. Scarini joined Metro Mining as a non-executive director in October 2024 and also served as Chair of the company’s Audit and Risk Committee. In addition, she was a member of the People and Culture Committee. Commenting on her departure, Metro Mining Non-executive Chairman Douglas Ritchie described Scarini as a highly respected member of the board during her time with the company. Ritchie thanked her for her contribution during what he described as an important period of growth for Metro Mining and wished her well for the future. Explore: The most comprehensive and forward-looking industry-focused report – Global Bauxite & Alumina Market...
Chinese electric vehicle (EV) manufacturer BYD has unveiled engineering details behind the advanced one-piece aluminium frame used in its luxury SUV, the Yangwang U8L. The company disclosed that the development programme began in 2023 and involved building what is said to be China’s largest integrated automotive casting machine, in collaboration with the aerospace-focused supplier Hantek. The latest update sheds more light on a major milestone first highlighted earlier when the Yangwang U8L introduced the world’s first one-piece low-pressure-cast aluminium vehicle frame. The integrated structure spans nearly 4.2 square metres and incorporates wall thicknesses ranging from 4 mm to 50 mm, presenting a production challenge that many in the automotive sector had previously considered...
Every year, millions of tonnes of aluminium scrap are collected, sorted and processed across Europe before being turned into new products. From used beverage cans and demolished buildings to end-of-life vehicles and industrial waste, recycled aluminium has become an important raw material in Europe’s shift towards a lower-carbon and more circular economy. Demand for recycled aluminium is also rising steadily. Europe’s aluminium scrap demand stood at around 6.6 million tonnes in 2021 and in 2025, it generated around 8 million tonnes - an increase of around 21.1 per cent - driven by stricter recycled-content targets, decarbonisation policies and growing demand from sectors such as automotive, construction and packaging. With demand for recycled aluminium continuing to rise, Europe’s scrap...
For more than a century, aluminium producers have lived by a simple rule of securing the cheapest electricity possible, and everything else becomes manageable. The logic was straightforward. Aluminium smelting is one of the most electricity-intensive industrial processes on earth. Every tonne of primary aluminium requires enormous volumes of power to separate aluminium from alumina through the Hall-Héroult process, a technology that has remained fundamentally unchanged since the late nineteenth century. The industry's fortunes have therefore been determined less by geology and more by what happens on power grids. For decades, coal represented the backbone of global aluminium production. It was abundant, dispatchable and, in many regions, cheap enough to support large-scale smelting...
Press Metal Aluminium Holdings could continue benefiting from elevated aluminium prices, prompting Kenanga Research to upgrade its earnings estimates and increase its target price for the company. The brokerage said aluminium prices are likely to remain supported in the near term as supply disruptions in the Middle East continue to affect the market. According to Kenanga, damaged refining facilities in the region may take anywhere between six and 12 months to return to normal operations, keeping supply tight and supporting prices. Spot aluminium prices have seen an average of about USD 3,352 per tonne so far this year, while current market prices are still above USD 3,700 per tonne. Kenanga also pointed to Press Metal’s hedging strategy as an advantage in the current environment. The...
Worldwide Aluminium turned profitable in the March 2026 quarter, despite registering a fall in income for that particular period. The company registered a standalone net profit of INR 400 thousand (USD 5 thousand) in the March 2026 quarter, as against a net loss of INR 0.3 million (USD 0.004 million) in the corresponding quarter last year. The profits were not much, but they showed some improvement in the company’s performance . Sales, however, fell by a considerable margin on a quarterly basis. Revenue recorded a fall of 37.38 per cent to reach INR 183.8 million (USD 2.21 million) from INR 293.5 million (USD 3.53 million) reported in the same quarter last year during FY2024-25. Read our latest e-Magazine ALuminium LeaderSpeak 2026 for current market insights from industry's leading...
The London Metal Exchange (LME) aluminium prices eased on the May 29 session after shooting up on the May 28 session . The cash price, however, remained above USD 3,700 per tonne. As both near-term and longer-dated contracts continued to rise, stocks recorded a consistent decline. The LME aluminium cash bid as well as offer prices gained 0.92 per cent day-on-day on May 29. The bid rose from USD 3,734.5 per tonne to USD 3,769 per tonne as the offer edged up from USD 3,735 per tonne to USD 3,769.5 per tonne. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook LME aluminium three-month bid price climbed from USD 3,638 per tonne on May 28 to USD 3,684.5 per tonne on May 29,...
The exhibition “Uno, Cinque, Dodici. Ottant’anni del Premio Strega”, conceived by Supervoid, investigates the long and complex history of the Premio Strega, constructing a spatial experience that takes visitors on a journey through it. The exhibition does not present the prize as a fixed historical narrative, but as something that has always evolved over time, shaped by literature, public debate, media attention and the people connected to it. Through books, architectural design, and visitor interaction, the exhibition reconstructs nearly eighty years of cultural history in a way that feels both reflective and immediate. A central feature of the project is the large collection of books associated with the Premio Strega since 1947. More than one thousand volumes are displayed in...
Teslon International Trading is continuing to expand its aluminium cookware business as demand rises for lightweight and durable kitchen products. The company, which works with the DESLON brand, said aluminium non-stick skillets are becoming more widely used because they heat quickly, are easier to handle and work well for daily cooking. According to the company, aluminium remains one of the most practical materials for cookware because of its ability to spread heat evenly across the cooking surface. Teslon said combining aluminium with non-stick coatings helps improve cooking performance while also reducing food sticking during use. Participate in our upcoming report - A Comprehensive Analysis of Bauxite Residue (Red Mud): Sustainability, Resource Recovery and Strategic Recommendations...
The impact of US trade measures on the global aluminium market continues to evolve, but for Rio Tinto, exports to the United States have largely returned to pre-tariff levels. According to Jérôme Pécresse, head of Rio Tinto’s aluminium operations, shipments from Canada to the US have recovered significantly after an initial adjustment period following the introduction of steep import duties. The company had previously redirected substantial volumes of Canadian aluminium to Europe when Washington imposed tariffs on imported metal. At the peak of the disruption, the share of Rio Tinto’s North American aluminium shipped to the US dropped to the mid-60 per cent range. That figure has now recovered to around 80 per cent, closely matching historical trading patterns. Pécresse said the company...
SHM Group has launched a 29-metre aluminium passenger vessel, Ocean Crewzer 8, at its shipyard in Mumbai. The company said the vessel was built completely in-house at its Mumbai facility as part of its ongoing shipbuilding programme focused on India’s growing maritime and waterway requirements. Ocean Crewzer 8 is a high-speed passenger craft constructed entirely using aluminium, which is commonly preferred for fast vessels because of its lighter weight and better fuel efficiency compared to conventional steel-based ships. According to SHM Group, the project reflects its focus on strengthening indigenous shipbuilding capabilities under India’s broader self-reliance initiatives. Mr Saifuddin Hajee, Chairman & Managing Director at SHM Group, said the vessel was completed on schedule and...
India’s downstream aluminium sector has urged the government to reconsider import duties on primary aluminium as manufacturers continue facing higher raw material and energy costs linked to the ongoing West Asia conflict. Industry groups said volatility in global aluminium prices and supply-chain disruptions have sharply increased production costs for downstream manufacturers, particularly MSMEs. At present, India imposes an import duty of around 8.25 per cent, including surcharge, on primary aluminium. According to industry representatives, domestic producers largely follow import-parity pricing, which means higher international prices are also being reflected in local raw material costs. At the same time, several finished aluminium products continue entering India at lower or zero duty...
Indonesia is reportedly locking in industrial and technology partnerships with China as discussions with Hebei Province focus attention on smart manufacturing, strategic supply chains and downstream development of minerals such as bauxite and nickel. 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 Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto, recently received a delegation from China’s Hebei Provincial Government led by Deputy Governor Zhao Chenxin to explore broader cooperation in industrial transformation and smart-technology integration. During the meeting, Hartarto highlighted the rapidly expanding economic...
