India's aluminium market is expected to record stronger demand in the second quarter of FY2026-27, with consumption estimated to reach 1.735 million tonnes, a 6 per cent increase from the corresponding period last year, according to Hindalco Industries Ltd. Growth is being driven primarily by demand from the automotive and electrical sectors, highlighting the expanding role of aluminium across key industrial applications. Hindalco's Q2 FY2027 presentation estimates Indian aluminium demand at 1.735 million tonnes, compared with 1.643 million tonnes in Q2 FY2026. The latest estimate also represents a recovery from the 1.427 million tonnes recorded in Q1 FY2027. Domestic aluminium supply and imports increase Domestic primary aluminium supply is estimated at 735,000 tonnes in Q2 FY2027,...
Sampat Aluminium Limited reported a net profit of INR 47.4 million (USD 502,121) for the half year ended September 30, 2026, supported by a non-recurring gain of INR 57.1 million (USD 604,875) from the sale of old plant and machinery. The company's revenue from operations increased to INR 1,250.9 million (USD 13.25 million) from INR 811.4 million (USD 8.60 million) in the corresponding period last year. However, its profit before exceptional items and tax declined significantly, highlighting the impact of the machinery sale on reported earnings. The company's profit before exceptional items and tax stood at INR 5.887 million (USD 62,363), compared with INR 62.5 million (USD 662,079) in the first half of the previous financial year. After including the exceptional gain, profit before tax...
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The developer, financer, constructor and operator of wind and solar farms as well as large-scale PtX plants European Energy has inked a power purchase agreement (PPA) with light metals components producer 595 Solutions for power from its German wind portfolio. 595 Solutions is a European supplier of lightweight aluminium and magnesium components for the automotive, aerospace and industrial sectors. The German wind portfolio of European Energy will supply the production facilities of 595 Solutions in Germany under - the agreement which amounts to 80 gigawatt-hours annually and will span over five years. However, the accorded quantity permits 595 to cover 100% of its German electricity consumption. European Energy commented, “The deal shows the financial viability of its portfolio of wind...
We can wait no more to meet and greet you at our third virtual event “ AlCircle Expo 2022 ”. Like every year, we are looking forward to reuniting with our old clients and making new contacts, while exploring new business opportunities and sharing each other’s success stories. The event will virtually take place on February 15 & 16, from 11 AM to 7 PM (GMT). On this note, we are elated to announce the first set of names who have confirmed their participation as exhibitors & sponsors. To feature your name in this list, reach us at events@alcircle.com . After the first two successful expos in 2020 and 2021, we are now committed to making the AlCircle Expo 2022 bigger, better, and grander. While our aim has remained the same, which is to bring the aluminium industry leaders and partners from...
According to industry insiders, Taiwan-based aluminium electrolytic capacitors manufacturers (such as Apaq Technology, Lelon Electronics, and Taiwan Chinsan Electronic) are poised to have a very successful first quarter of 2022 despite constrained availability of upstream materials. The three companies' sales all set new monthly highs in December 2021, and they're likely to keep growing in the first quarter of 2022, according to the sources, as supply of aluminium electrolytic capacitors falls short of demand in the first half of the year. According to the sources, starting the second half of 2021, the world's main aluminium electrolytic capacitor providers Chemi-con, Nichicon, Rubycon, and Panasonic, all located in Japan, have all increased their delivery lead times for shipments to...
According to the US Geological Survey (USGS), the United States exported 48,700 tonnes of US aluminium scrap to Malaysia, showing a month-on-month growth of 7,500 per tonne or 18.20%. In September 2021, 41,200 tonnes of US aluminium scrap were exported to Malaysia, showing a sharp downfall of 15,700 tonnes from 56,900 tonnes in August 2021. On a year-on-year calculation, US aluminium scrap exported to Malaysia in October 2021 moved up by 3,900 tonnes or 8.70% from 44,800 tonnes in October 2020. From January to October, the exported aluminium scrap to Malaysia closed at 428,000 tonnes. For the same period last year, the amount was registered at 44,800 tonnes. As per the data shared by the USGS, the total amount of aluminium plates, sheets, bars, crude metals and alloys, and scrap, exported...
In North America, primary aluminium production in December 2021 stood at 322,000 tonnes, reflecting a month-on-month increase of 14,000 tonnes or 4.55 per cent, found the International Aluminium Institute. In November, aluminium output in North America came in at 308,000 tonnes, down by 10,000 tonnes or 3.14 per cent from 318,000 tonnes in October. However, on a year-on-year calculation, North America’s primary aluminium output in December 2021 stood 16,000 tonnes or 4.73 per cent lower than 338,000 tonnes. In the fourth quarter of 2021 (October-December), primary aluminium production in North America amounted to 948,000 tonnes, down by 4,000 tonnes or 0.42 per cent from 952,000 tonnes in Q3 2021, and 52,000 tonnes or 5.2 per cent less than 1 million tonnes in Q4 2020. In the entire year,...
The Prime Minister of Guinea, Mohamed Béavogui revealed the shocking information on the mining sector of the nation by saying, “If we trust the figures of the International Monetary Fund on Guinea, the last moments of Alpha Condé's management were catastrophic in the mining sector.” “During the year 2020, the production capacity of bauxite had increased considerably, only the revenues evaporated”, the Prime Minister added. “In 2020, Guinea released the equivalent of more than 3 billion 800 million dollars of bauxite which was sold. What went into the state coffers? Barely $200 million and believe me of that $200 million, 100% didn't go into the treasury coffers.” Mohamed Béavogui, the Prime Minister of the bauxite Kingdom claims to have found "totally empty boxes". “The money went out of...
The aluminium company in Cameroon is presently sorting out with a group of three European financial institutions to recapitalize Cameroon Aluminium Company (Alucam), the only primary aluminium producer in the CEMAC zone. As per our report from the Technical Commission for the Rehabilitation of Public and Para-Public Sector Enterprises (CTR), the in support European financial institutions are the International Tropical Conservation Fund (ITCF), the Franco-German Financial Group BHF and Investment Bank BPI. Provisionally, there are no details of the funding mechanism selected by the state of Cameroon, the exclusive stakeholder of Alucam, nor on what is anticipated from each financial institution. The CTR explains, “In 2020, Alucam’s financial performance plunged the company in bankruptcy,...
According to a recent report, Hydro Extrusion Argentina S.A. in Pilar will be certified by Aluminium Stewardship Initiative against the Performance Standard Certification. The plant will be the first aluminium extrusion facility in the country to be certified against the ASI Performance Standard. The Aluminium Stewardship Initiative’s Performance Standard recognizes responsible production, sourcing, and stewardship of aluminium. Hydro Extrusion Argentina S.A. is already certified according to ISO 14040/14044, and employs around 105 people. It operates one of the most technically advanced extrusion presses in Latin America. The extrusion products produced in this plant serves many industries, including building and construction. The plant is proactive in product innovation under a...
On Tuesday, January 25, average alumina spot price in China climbed up by RMB 14 per tonne to clock at RMB 3,129 per tonne, finds the Shanghai Metals Market. In Shandong and Guangxi, the average alumina spot price has moved up by RMB 20 per tonne to stand at RMB 3,135 per tonne and RMB 3,050 per tonne. For the same day in Shanxi and Guizhou the price has hiked by RMB 10 per tonne to peg at RMB 3,140 per tonne and RMB 3,010 per tonne. In Henan, the price has stepped up by RMB 15 per tonne to register at RMB 3,155 per tonne. On the other hand in Lianyungang and Bayuquan, the average alumina spot price has remained unchanged to total at RMB 3,000 per tonne and RMB 3,050 per tonne. The A00 aluminium ingot price has also increased by RMB 40 per tonne to close at RMB 21,170 per tonne. The...
LME aluminium opened at US$3,030 per tonne on Monday and closed at US$3,038 per tonne, an increase of US$15.5 per tonne or 0.51 per cent. Both LME aluminium cash (bid) price and LME aluminium official settlement price continued to decline over the weekend ending January 24 by US$35 per tonne or 1.14% to settle at US$3,044 per tonne and US$3,044.50 per tonne, respectively. 3-month bid price and 3-month offer price decreased by US$31 per tonne and US$30 per tonne to come in at US$3,029 per tonne and US$3,031 per tonne. However, December 23 bid price and December 23 offer price closed higher at US$2,767 per tonne and US$2,772 per tonne, for the same day. LME aluminium opening stock totalled at 859800 tonnes. Live warrants stood at 451525 tonnes, while Cancelled warrants came in at 408275...
In December 2021, primary aluminium production in Africa stood at 139,000 tonnes, flaunting an increase of 8,000 tonnes or 6.11 per cent month-on-month. In November, Africa’s primary aluminium output came in at 131,000 tonnes, down by 6,000 tonnes from 137,000 tonnes in October 2021. On a year-on-year calculation, Africa’s primary aluminium production in December was 4,000 tonnes or 2.96 per cent higher than 135,000 tonnes. In the fourth quarter of 2021 (October-December), Africa produced 407,000 tonnes of primary aluminium in total, up by 4,000 tonnes or 1 per cent from 403,000 tonnes, and 7,000 tonnes or 1.75 per cent more than 400,000 tonnes during the same period last year. In the entire year, Africa’s aluminium production amounted to 1.591 million tonnes, down by 0.87 per cent from...
South32 claimed record aluminium pricing for metal produced by Hillside, its South African smelter, but struggled to clear a backlog of metal due to port congestion in both South Africa and Mozambique, where it has a smelter. The company said it was working on alternate strategies to mitigate a capital increase as a result of larger inventories in a second quarter production report released today. “Third party port performance at Richards Bay and ongoing congestion in global shipping conditions” said South32 It also cited chain supply issues at its global operations as a result of Covid-19. South32 said it took advantage of "different discharge and cargo transportation possibilities" to profit from high aluminium prices. “We expect the current working capital build to unwind once we...
The developer of high-technology businesses in the world of mining and minerals exploration, ABx Group has appointed Dr Mark Cooksey, the CEO of Alcore, its subsidiary, as the Chief Executive of the parent company. Following ABx prolonged leader Ian Levy decided to stand down from his present designation from 1 st February 2022. Dr Mark Cooksey earlier held the CEO position of Alcore, an ABx company that has been developing an aluminium fluoride refinery in NSW. Dr Cooksey initially began his professional career with aluminium smelting at Comalco/Rio Tinto Alcan before setting his feet for a long-term tenure at the CSIRO, where he was associated with new process technologies in the minerals and metals industries, comprising bauxite processing and rare earth element technologies. Ian Levy,...
Hindalco Industries Limited cut its aluminium products and aluminium ingot prices, with effect from Saturday, January 22, following four consecutive hikes since January 15, 2022. The company reduced its aluminium wire rod price by INR 1,750 per tonne to INR 274,600 per tonne, compared to INR 276,350 per tonne on January 21. Hindalco’s aluminium billets price was also chopped by INR 1,750 per tonne on January 22 from INR 279,350 per tonne to INR 277,600 per tonne. The company’s aluminium ingot price also saw a downfall of INR 1,750 per tonne from INR 265,250 per tonne to INR 263,500 per tonne. Hindalco links its aluminium ingot and aluminium products prices to the three-month future of aluminium on the London Metal Exchange, which on January 21 fell by US$30 per tonne to US$3,079.50 per...
According to the US Geological Survey (USGS), the United States imported 5,670 tonnes of US aluminium plates, sheets and bars from South Africa, showing a month-on-month surge of 2,160 per tonne or 61.53%. In September 2021, 3,510 tonnes of US aluminium plates, sheets and bars were imported from South Africa, showing a sharp decline of 3,780 tonnes from 7,290 tonnes in August 2021. On a year-on-year calculation, US aluminium plates, sheets and bars imported from South Africa in October 2021 climbed up by 3,040 tonnes or by 115.58% from 2,630 tonnes in October 2020. From January to October, the imported aluminium plates, sheets and bars from South Africa registered at 31,800 tonnes. For the same period last year, the amount stood at 28,200 tonnes. As per the data shared by the USGS, the...
National Aluminium Company Limited (NALCO) increased its aluminium ingot and aluminium products prices for the fourth time in a row on Saturday, January 22. The company raised its aluminium ingot price by INR 6,300 per tonne or 2.4 per cent from INR 254,850-258,350 per tonne on January 19 to INR 261,150- 264,650 per tonne on Saturday, January 22. NALCO’s aluminium wire rod price also saw a surge of INR 6,300 per tonne to INR 263,650- 268,000 per tonne, with effect from January 22. Aluminium billets price witnessed no exception but a hike of INR 6,300 per tonne from INR 258,300- 260,950 per tonne on January 19 to INR 264,600- 267,250 per tonne on January 22. NALCO links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange,...
With only a few days till the Union Budget 2022, there has been an outpouring of proposals to Finance Minister Nirmala Sitharaman from all corners, notably regarding Railways, which is regarded as India's "lifeline." The PHD Chamber of Commerce and Industry (PHDCCI) has requested that bauxite be reclassified from Class 160 to Class 145 and alumina be reclassified from Class 180 to Class 170 in the Railways tariff structure for Budget 2022. The re-grouping of bauxite and lower freight rates would stimulate increased freight quantities and enable the Indian Railways to generate more income. Aluminium and its raw materials can be moved from category "D" to category "C" of the Railways Preferential Traffic Order to support simplified logistical operations and raw material supply chains. The...
On 24 th January 2022, the President of Indonesia Joko Widodo visited the Riau Islands to conduct a review of the bauxite to the alumina processing facility at PT Bintan Alumina Indonesia in Galang Batang-Bintan, Riau Islands province. The Presidential attendant from Jakarta arrives at Raja Haji Fisabilillah Airport (RHF) Tanjungpinang and was welcomed by the provincial governor of Riau Islands Ansar Ahmad together with Forkominda. Furthermore, the President visited directly to PT BAI in Galang Batang to inspect the alumina refinery. The construction of the alumina refinery with a production capacity of 1 million tonnes per year in the Galang Batang Special Economic Zone has been accomplished, which was confirmed by President Director of PT Bintan Alumina Indonesia (BAI), Santoni....
