Jaguar has unveiled the Type 01, the first model built on its new Jaguar Electric Architecture (JEA), and it is not exactly arriving quietly. With 73% aluminum, a 118kWh battery, three electric motors and a rather serious 1,015 horsepower (hp), the new electric grand tourer is Jaguar’s answer to a simple question: what happens when a century-old luxury carmaker decides to start over? The answer, apparently, is a very large piece of aluminum with no rear window. From a gloomy reset to a 1,015-hp comeback The Type 01 is the product of a long and fairly dramatic reset at Jaguar. After years of declining sales, the company ended production of the XE, XF and F-Type in 2024 as it moved towards an all-electric future. By the end of 2025, Jaguar had stopped producing vehicles altogether. To know...
Ma’aden’s aluminium business delivered strong revenue growth in Q2 2026 as higher realised prices lifted the segment, although weaker phosphate and ammonia guidance creates a mixed operating backdrop. Saudi Arabian Mining Company (Ma’aden) saw aluminium revenue rise 49 per cent year on year to USD 1.01 billion in Q2 2026, with realised aluminium prices increasing 51 per cent to USD 3,915 per tonne. Read more about Maaden aluminium revenue jump in Q2 2026 The stronger aluminium performance provides the clearest quantified growth signal in Ma’aden’s latest operating picture. However, revised production guidance for phosphate and ammonia adds a counterweight as investors assess the company’s broader portfolio. Higher aluminium prices drive revenue growth The aluminium division produced...
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The Ministry of Energy and Mineral Resources (ESDM), Indonesia, solicited PT Indonesia Asahan Aluminum (Persero) or Inalum operating to expedite the accomplishment of development projects and increase the capacity of the aluminium smelter and alumina refinery. However, this is in line with the issuance of a government regulation (PP) regarding the uncoupling of business operations or the split-off of the state-owned mining company and BUMN Mining Industry Holding Indonesia (MIND ID). Agus Tjahajana, the special staff to the Minister of Energy and Mineral Resources for the Acceleration of Industrial Development of the Energy and Mineral Resources Sector, said, "The split-off is expected to make Inalum Operating more serious in accelerating processing and production capacity increases to...
China’s domestic metallurgical-grade alumina production in November 2022 (30 calendar days) was 6.29 million tonnes, down by 5.84 per cent month-on-month from 6.68 million tonnes but up by 3.11 per cent year-on-year from 6.1 million tonnes, found the Shanghai Metals Market data. Average daily output edged 2.60 per cent lower M-o-M from 215,400 tonnes to 209,800 tonnes, but stood 3.35 per cent higher on the year than 203,000 tonnes, learned SMM. In November, China’s domestic production capacity of alumina was 76.6 million tonnes, with operating rates at 79 per cent versus 81.1 per cent in the previous month. From January to November 2022, China produced 71.26 million tonnes of alumina, which reflected an increase of 8.30 per cent from 65.8 million tonnes during the same period last year....
On Thursday, December 8, the social inventory of aluminium billets was 71,600 tonnes, up 2,600 tonnes from the previous week but down 4,300 tonnes from the previous Monday, December 5. The inventory increased by 4,300 tonnes from November's end but decreased by 13,900 tonnes from the prior year. Aluminium billets can be produced immediately by continuous casting, extrusion, or hot rolling an ingot or bloom. The figure below provides further information on the current state of aluminium billet inventories in China: As per the SMM reports, the aluminium billet inventories had increased in almost all the major provinces. The inventories in Foshan and Huzhou had ascended by 3,900 tonnes and 1,000 tonnes to settle at 48,300 tonnes and 8,000 tonnes. On the other hand, in Wuxi and Changzhou, the...
Italian truck manufacturer IVECO has re-launched their Daily Trade Made heavy-duty vehicle with an elongated 4.5m aluminium tray for a better logistical approach and an extended 5-year per 250,000 km guarantee. This makes the car suitable for construction jobs, transporting materials from one place to another. The framework has outstanding inspiration from the 45C18 Daily cab chassis. At the same time, the Tradie Made ‘Super Tray’ displays a factory-fitted, internally embedded 2218mm W x 4500mm L heavy-duty aluminium tray. This will help the construction sector with a factory-perfected vehicle that can immediately be sent to the work site without needing unique additions or fittings that usually take more time to acquire. Plus this will also curtail third-party entry into the construction...
The United States’ alumina imports in the third quarter of 2022 deteriorated to return 445,000 tonnes, following a rise of 8.76 per cent in the previous quarter, found the US Census Bureau data. The import volume in Q1 was also at the same amount, followed by a sequential rise in Q2 to 484,000 tonnes. However, on a year-on-year basis, the United States imports in Q3 gained 32.44 per cent compared to 336,000 tonnes. From Q1 to Q3 of 2022, the United States total imports of alumina amounted to 1.37 million tonnes, up by 21.24 per cent from 1.13 million tonnes a year ago. Brazil continued to be the top supplier in 3Q2022 despite a declining volume Q-o-Q. Compared to 367,000 tonnes in Q2, Brazil's alumina export to the US dwindled by 33.24 per cent sequentially to 245,000 tonnes. Annually,...
Colorado-based Fortius Metals has bagged a US$2 million worth financing deal to be used as seed money from a German organisation that funds 3D projects with great potential, AM Ventures. Fortius will certainly emphasise on the further development of its patented 6061 aluminium welding wire used for additive manufacturing. The invested amount would be applied to upscale the production capacity and amplify its strategies for the commercial market, ultimately leading to the growth of the additive manufacturing organisation. Fortius Metals has mastered the art of 3D printing with advanced materials such as their flagship 6061 aluminium welding wire so that consumers might obtain precisely designed solutions that were an unimaginable dream in the years gone by. The company also claims that...
The World Trade Organization (WTO) ruled on Friday that the 2018 tariffs placed on foreign aluminium and steel by then-President Donald Trump were unjustified, which was unaccepted by the Biden administration. The Biden administration took action to avoid the tariffs, but it disagreed with the WTO's judgement and said it exceeded its power by rejecting levies because of national security concerns. Reports indicate that WTO's ruling won't significantly affect the world. If the United States challenges the decision, it will be ineffective since the WTO's Appellate Body has not been operational for three years due to the United States blocking the nomination of new judges. "The United States strongly rejects the flawed interpretation and conclusions. The United States has held the clear and...
The China-based company primarily engaged in the research, development, design, production and sales of industrial aluminium extrusion products, Guangdong Hoshion Aluminium, has inked a strategic agreement with Contemporary Amperex Technology (CATL) to conduct extensive cooperation in the field of industrial parts and components. CATL is a global leader in new energy innovative technologies, dedicated to providing world-class solutions and services for new energy applications. On December 12, 2022, Guangdong Hoshion Aluminium stated in a filing that, as part of the partnership, the parties would develop fundamental life cycle components for the new energy industry. However, this needs to be noted that the strategic agreement is valid until December 31, 2026. The industrial aluminium...
China’s aluminium production in November 2022 (30 calendar days) amounted to 3.34 million tonnes, which reflected an increase of 8.7 per cent year-on-year, found the Shanghai Metals Market. But on a month-on-month calculation, the output stood 2.05 per cent lower than 3.41 million tonnes (31 calendar days). That indicated aluminium production in November’22 saw both increase and decrease; however, the growth was more significant based on rising production capacity due to the resumption of smelters in Guangxi and Sichuan. Despite the downfall in monthly production in November, China’s daily aluminium output rose from 110,100 tonnes to 111,200 tonnes. China’s total aluminium production from January to November stood at 36.64 million tonnes, up by 3.7 per cent from the same period last year....
LME aluminium opened at US$2,499.5 per tonne last Friday, with its high and low at US$2,517 per tonne and US$2,470 per tonne, respectively, before closing at US$2,470 per tonne, a drop of US$30 per tonne or 1.2 per cent. On Friday, December 9, both LME aluminium cash bid price and LME aluminium official settlement price slipped by US$14.5 per tonne or 0.58 per cent and US$15 per tonne or 0.60 per cent to settle at US$2,453 per tonne and US$2,453.50 per tonne. 3-month bid price and 3-month offer price slumped by US$8.5 per tonne or 0.34 per cent and US$10 per tonne or 0.40 per cent to close at US$2,487.50 per tonne and US$2,488 per tonne. December 23 bid price and December 23 offer price dipped by US$7 per tonne or 0.27 per cent to peg at US$2,553 per tonne and US$2,558 per tonne. LME...
A00 aluminium ingot price has seen a huge plunge of RMB 300 per tonne, resting at RMB 18,960 per tonne, as the Shanghai Metals Market recorded on Monday, December 12. The average prices are expected to range between RMB 18,940 per tonne and RMB 18,980 per tonne, with spot contracts trading at premium prices of RMB 10 per tonne and a discount price of RMB 30 per tonne. The provinces in China all have witnessed plummeting prices today, with aluminium price showing the highest fall in Tianjin by RMB 320 per tonne, resting at RMB 18,980 per tonne, followed by RMB 310 per tonne slump in Foshan to halt at RMB 18,890 per tonne. The prices of aluminium in Hangzhou and Chongqing both have nosedived by RMB 300 per tonne, closing at RMB 18,970 per tonne and RMB 19,000 per tonne. In Wuxi, the...
FYI Resources Ltd joined the United Nations Global Compact followings the acceptance of its application to join the United Nations Global Compact in Australia (UNGC). This action demonstrates FYI's dedication to putting universal sustainability principles and UN objectives into practice through developing its crucial minerals projects. The company envisages FYI's revolutionary low-carbon HPA manufacturing goals closely coinciding with the UN sustainability standards. As part of a network of more than 16,000 companies from more than 60 countries, FYI will share best practices and cutting-edge solutions for sustaining ESG advancements on a global scale. For the integrated manufacture of high-grade, high-purity alumina (HPA), primarily for electric vehicles (lithium-ion batteries), sapphire...
The global mining and metal giant Rio Tinto's chief executive Jakob Stausholm has approached the worldwide leader of the iron ore industry’s founder and chairman of Fortescue Metals Group, Dr Andrew Forrest, to identify if the two mining titans can work on the common interest of green hydrogen and its potentiality to replace fossil fuels. Rio Tinto, the owner of bauxite and Iron ore, among other mining activities, with Fortescue, the iron ore exploring giant, mines in Western Australia, are in discussion about a collective approach to lower their carbon footprint, as both the companies intend to build industrial solar and wind farms near their WA mines. In addition to driving Fortescue’s strategy to grace as a significant player in the global supply of green hydrogen, Dr Andrew Forrest is...
Sustainability in the primary aluminium industry has grabbed the limelight this year. Both producers and consumers are increasingly making efforts to achieve a sustainable future. While the former are adopting innovative technologies and developing skills to reduce carbon emissions for producing the metal, the latter are making conscious attempts to consume low-carbon primary metal to manufacture greener semi-finished products. The year 2022 has really been an eventful one in respect to sustainability drives in the primary aluminium sector. Let us pick and learn the top 10 initiatives in this article. Alba signs MoU with Mitsubishi Heavy Industries to reduce its carbon footprint The year began with Alba’s collaboration with Mitsubishi Heavy Industries EMEA Ltd. (MHI EMEA), a subsidiary of...
The end-user aluminium sector has been busy with innovations this week, with USA’s Airbus launching the DisruptiveLab, a helicopter for testing flight-like simulations which flaunts aerodynamic aluminium and composite fuselage especially created to decrease drag and fuel consumption. Ball Corporation made headlines when it announced the closure of its aluminium beverage cans facility in St Paul, Minnesota, and rumours are the company would release 100 of its employees. A California-based business, Anderson Valley Brewing Company, decided to switch from glass bottles to aluminium cans for beer packaging, initiating a much more sustainable and environment-friendly effort. Skoda announced the launch of its first electric SUV (e-SUV), Enyaq iV, made of green raw materials, like 13kg of...
The New-York based American Public Benefit Corporation Kickstarter recently launched its full-size aluminium mechanical keyboard, titled AZIO Cascade 98. This keyboard is the company's first low-profile keyboard with a full-size number pad. The thin profile keyboard, which has a 98 per cent layout and an RGB backlight, can be utilised for both wirelessly and wired devices. “Cascade 98 is the perfect board for anyone who wants to make their keyboard just a little more personal. With an array of customization options, you can swap out switches or keycaps to match your style and preferences. The Cascade 98’s ergonomic compact design includes a full-size number pad and a dedicated row of Function keys. To minimize input errors, the Cascade 98 features the traditional large size “0″ key on the...
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. This week the segment witnessed limited but significant events. Gestamp, a Spanish producer of automotive components, had acquired one-third of Gescrap, a company that recovers and recycles scrap metal. It was indicated that eliminating carbon emissions from the whole supply chain would significantly influence the decrease of mineral extraction from iron and aluminium. Aluplast-ZTG, an Altest firm with operations in Bulgaria, purchased second Nitrex nitriding equipment to fulfil the clients' demand for its extrusion profiles used in residential and commercial construction. The extruder installed new extrusion presses, which significantly increased its...
This week the primary aluminium sector faced major market-related ups and down, with Rusal chief executive Evgenii Nikitin warning the deputy prime minister of Ireland, Leo Varadkar, on the boycott of Russian aluminium and its harrowing effects on the EU’s national economy. On December 5, the International Aluminium Institute (IAI) posted a report tracing the current contributions of the aluminium sector to the United Nations Sustainable Development Goals (UN SDGs). Sohar International Bank took part in the inauguration of Sanvira Carbon FZC LLC (SCL), an important manufacturing project financed by the Omani investment group under the esteemed patronage of H.E. Salim bin Nasser bin Said Al Aufi, Minister of Oil and Gas. The LME benchmark aluminium price clocked at US$2448.50 per tonne on...
