Germany’s aluminium scrap trade showed signs of recovery in the first half of 2026, with exports to the world reaching 616,000 tonnes, up 4.58 per cent from 589,000 tonnes in H1 2025. The increase was even more pronounced against the second half of 2025, with H1 2026 shipments rising 7.50 per cent...
Alcoa Corporation has set the price for a USD 2.6 billion senior notes offering to help finance the cash consideration for its proposed acquisition of South32’s bauxite, alumina, and aluminium assets . Along with the cash on hand, this debt is expected to provide permanent funding for the...
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European aluminium sector warns that excess aluminium volumes, particularly from China, are distorting competition, weakening profitability and threatening the long-term resilience of Europe’s upstream and downstream value chains. As global overcapacity and unfair trade practices continue to mount...
Western governments are investing billions of dollars into critical minerals and strategic metals as they try to reduce dependence on China, but industry leaders are warning that the push could recreate the kind of commodity oversupply crises that once flooded global aluminium and other markets....
Vedanta Limited has moved a step closer to developing its Sijimali bauxite mine project in Odisha after the Union Environment Ministry’s expert appraisal committee recommended the project for environmental clearance. The proposed mine, located across Kalahandi and Rayagada districts, is expected to...
Aluminium has proved indispensable to modern industry, being lightweight and recyclable, with global demand projected to grow from 106 million tonnes in 2025 to 130 million tonnes by 2035. Although playing a critical role in the global energy transition, the sector remains carbon-intensive,...
Bauxite mines in Shanxi are still operating normally despite increased safety inspections launched after a gas explosion at a coal mine in Qinyuan County. Authorities in Shanxi recently started a special safety inspection campaign focused mainly on coal mines following the accident. So far, bauxite...
Aluminium prices rose higher this Monday, owing to the stronger overseas markets and improved confidence among traders in industrial metals all over again. The broader mood across commodity markets remained positive, helped by expectations of stable demand and easing global uncertainties. At MCX,...
Among all power sources, solar capacity recorded the fastest growth, surging 26.2 per cent on year to 1.25 billion kW. followed by wind power, which rose 22 per cent to 660.62 million kW. In comparison, thermal power capacity mostly coal-based increased at a slower pace of 6.8 per cent, reaching...
According to SMM statistics, the total scale of alumina projects currently under construction or in the planning stage in Guinea has exceeded RMB 11.4 million tonne per year, with new capacity expected to be gradually commissioned after 2028. From a project structure perspective, Chinese-invested...
Shares of Hindalco Industries Limited and National Aluminium Company Limited (NALCO) rose up to 5 per cent on Wednesday after global aluminium prices climbed to their highest level in nearly four years. Shares of Hindalco Industries gained 4.32 per cent to INR 1,151.50 on the NSE at around 10:30...
General Motors has once again recognised Bethel Automotive Safety Systems (WBTL) for its manufacturing standards, awarding the company the 2025 Supplier Quality Excellence Award for its aluminium chassis components. The distinction marks the fifth occasion since 2017 that the Tier 1 supplier has...
Anil Agarwal, Chairman, Vedanta, called for a national mission to unlock India’s below-the-ground potential through entrepreneurship, privatisation, exploration and trust-based governance. Speaking at an event, he highlighted India’s strong geology, entrepreneurial talent and advanced technology...
The London Metal Exchange (LME) aluminium prices moved higher on the May 26 session compared to May 22 after the market remained closed on May 25 due to a holiday. Cash prices, 3-month contracts and longer-dated contracts all recorded gains during the session, while aluminium stocks largely...
Futures: SHFE aluminium closed at RMB 24,560 per tonne in the night session on May 26, down 0.04 per cent from the previous close. The price rebounded to near above MA5 (24,515.39), running near MA10 (24,497.17) and MA20 (24,524.02), still below MA40 (24,598.36) and MA60 (24,633.48). The moving...
Vietnam is set to begin operations at its first aluminium electrolysis plant during the second quarter of 2026, according to project officials in Lam Dong province. The project, developed by Tran Hong Quan Metallurgical Co., is located at the Nhan Co Industrial Park and is expected to initially...
Rising aluminium prices are creating new opportunities for recycling and waste-sorting startups as global supply disruptions tighten the market. Aluminium prices have climbed sharply in recent months after conflict in the Gulf region disrupted supply from one of the world’s largest...
Guinea is expected to introduce reforms next month aimed at restricting bauxite exports after a surge in supply pushed global prices sharply lower. According to reports, Guinea’s bauxite shipments rose around 25 per cent to 183 million tonnes in 2025, with export growth continuing to accelerate...
According to customs data, China's aluminium plate/sheet and strip (tariff codes 76061121, 76061129, 76061191, 76061199, 76061220, 76061230, 76061251, 76061259, 76061290, 76069100, 76069200) exports totalled 327,900 tonnes in April 2026, up 18 per cent M-o-M and up 18 per cent Y-o-Y. By trade mode,...
Restoration of the flood-affected plant of Novelis located in Sierre, Switzerland, by the Swedish-Swiss technology firm ABB, is an example of industrial resilience. Operations at the Swiss plant were restored within 60 days after sustaining severe weather damage from a flood, threatening the...
