Aluminium du Maroc reported a 31 per cent year-over-year increase in H1 2026 net income to MAD 41.0 million (USD 4.11 million), even as consolidated revenue declined to MAD 603.7 million (USD 60.55 million) from MAD 650.1 million (USD 65.21 million). The Moroccan aluminium producer’s results point to a stronger profitability performance despite weaker top-line activity. Net income rose from MAD 31.3 million (USD 3.14 million) in H1 2025, while operating income also increased by 23 per cent to MAD 77.2 million (USD 7.74 million), according to AlphaMena. Profit growth outpaces revenue The divergence between revenue and profit was the key feature of Aluminium du Maroc’s H1 2026 performance. Revenue declined by around 7 per cent year over year, while net income increased by nearly one-third....
The low-carbon aluminum market has stepped into a more competitive phase as producers invest in cleaner smelting technologies, renewable power and new downstream applications. Rio Tinto’s $1.5 billion AP60 smelter expansion in Quebec is the latest major development, adding around 160,000 metric tons per annum (MPTA) of primary aluminum capacity when fully operational by the end of 2026. The project will lift total AP60 production at Complexe Arvida to about 220,000 MPTA while supplying lower-carbon aluminum to transportation, construction, electrical and consumer-goods customers. The Quebec expansion is expected to cut emissions by approximately 290,000 MPTA compared with the older Arvida technology, strengthening the case for energy-efficient, hydropower-based primary aluminum...
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National Aluminium Company Limited (NALCO) has slightly cut its aluminium ingot and aluminium products prices compared to the previous slash last week, October 19. This week, Nalco has reduced its aluminium ingot price by only INR 1,400 per tonne or 0.7 per cent to INR 210,450-213,950 per tonne as of October 26. NALCO’s aluminium wire rod price has also seen a cut of INR 1,400 per tonne to stand at INR 213,950- 218,300 per tonne on October 26 versus INR 215,350-219,700 per tonne on October 19. Aluminium billets price is currently ranging between INR 214,900- 217,550 per tonne, with effect from October 26, as against INR 216,300-218,950 per tonne last week. Like other Indian aluminium giants, NALCO links its aluminium prices to the three-month futures of aluminium on the London Metal...
On Tuesday, October 25, state senators of Nebraska, Curt Friesen and Steve Halloran, updated the Hall County Board of Commissioners on the ongoing aluminium crisis. The scarcity of aluminium can be linked to the problems in the supply chains brought on by the pandemic, which is causing difficulties in producing new license plates. Nebraska is a state in the Midwestern region of the United States and, as per the reports, was expected to receive new license plates in the coming years. Senator Friesen discussed how they opted to deal with the shortages, which ultimately required that 13 counties not receive all their plates at once. He claims that a staged method would now be used to distribute each letter series, which is the best mitigating strategy they examined. "There is about 400,000...
Altech Chemicals Limited has chosen leading German company Leadec Automation & Engineering GmbH (Leadec) as the primary engineer to conduct the Definitive Feasibility Study for its CERENERGY(R) 100MWh Sodium Alumina Solid State Battery project enabling grid energy storage. The project is presently being hoisted in Saxony, Germany. Leadec is a German maestro that can provide specialised services for factories throughout their entire running phase, emphasising more on the unit's infrastructure. For the last six decades, this German service provider has been assisting its customers in the production sector by looking after a factory's work plan, installation and automation-related issues. Various OEMs, suppliers in the arena of battery production and people from the e-mobility sector depend...
On October 25, 2022, International Materials LLC (IMI), the dry commodity trading company sourcing and shipping raw materials globally, like bauxite, among others, announced the appointment of Michael R. Kirby as Chief Financial Officer, w.e.f. October 31, 2022. Kirby will succeed Dan O’Bryon, who stepped down from his position after seven years of service to IMI. Michael Kirby brings over 25 years of experience across the financial services, commodities, banking, and technology industries. He was in the U.S., London, and Hong Kong while holding Chief Financial Officer and Chief Operating Officer positions within Noble Group, James Alpha Liquid GSE, and RBS Sempra Commodities. However, he successfully led the divestment of four Noble Group businesses at Noble, three of which generated...
Kaiser Aluminum Corporation, an American producer of semi-fabricated speciality aluminium products, published its quarterly and consolidated nine-month results of 2022 last week, wherein it reported net sales for Q3 at $749 million compared to $954 million in Q2 and $751 million in Q3 2021. That reflected a quarterly downfall of 21.5 per cent and annually 0.27 per cent, in line with the decrease in shipments by 15.82 per cent Q-o-Q and 10.48 per cent Y-o-Y to 282 million lbs. Value-added revenue, however, increased over the year by 16 per cent to $356 million, primarily driven by higher pricing to mitigate inflationary costs. Value-added revenue for the company’s aerospace/high strength applications also grew by 5 per cent to $86 million despite a decrease in shipments. That mirrored a...
On October 24, 2022, Hilde Merete Aasheim, the President and CEO of the Norwegian aluminium producer Norsk Hydro called on the United States and the European Union to halt importing Russian aluminium onto their territories. According to the Hydro chief, around half of Europe's primary aluminium production has been cut down due to the soaring energy costs following the Ukraine-Russian geopolitical crisis, and adversely, Russian aluminium production remained unaffected. Russia's sole primary aluminium producer, Rusal, produces around 6% of the world's aluminium. However, this metal has not been targeted by Western sanctions against Russia following the border crisis with Ukraine. The CEO said, "We want to urge sanctions in Europe and the US. Our European industry shuts down, while ... we...
LME aluminium opened at US$2,180 per tonne on Tuesday, with its high and low at US$2,250 per tonne and US$2,156.5 per tonne, respectively, before closing at US$2,215 per tonne, an increase of US$38 per tonne or 1.75 per cent. On October 25, Tuesday LME aluminium cash bid price went up the graph by US$12 per tonne or 0.56 per cent to peg at US$2,170 per tonne, and the LME aluminium official settlement price also escalated by US$10.50 per tonne or 0.49 per cent to rest at US$2,170.50 per tonne. 3-month bid price increased by US$12 per tonne or 0.55 per cent to close at US$2,190 per tonne, followed by a 0.6 per cent or US$13 per tonne rise in the 3-month offer price, which stood at US$2,192 per tonne. December 23 bid price and December 23 offer price witnessed a US$10 per tonne or 0.44 per...
On Wednesday, October 26, A00 aluminium ingot price in China ascended by RMB 90 per tonne to settle at RMB 18,640 per tonne, with the average prices ranging between RMB 18,620 per tonne and RMB 18,660 per tonne. The spot contract price is expected to be traded at a discount price of RMB 20 per tonne to RMB 20 per tonne. The prices in Shenyang and Tianjin have hiked by RMB 140 per tonne and RMB 110 per tonne to settle at RMB 18,640 per tonne and RMB 18,690 per tonne. In Foshan, the A00 aluminium ingot price grew by RMB 100 per tonne to rest at RMB 18,800 per tonne. On the same day, the prices in Linyi and Wuxi climbed up by RMB 90 per tonne and RMB 80 per tonne to peg at RMB 18,640 per tonne and RMB 18,610 per tonne. As per the SMM data, both Gongyi and Chongqing experienced growth of RMB...
Czech energy drink maker, Big Shock! has utilised the new H!GHEND technology by Ardagh Metal Packaging to produce a special edition aluminium beverage can eulogising the launch of First Person Shooter (FPS) game Call of Duty: Modern Warfare II. The Czech Republic and Slovakian partnership has enabled Big Shock! in creating this limited edition 500ml can, which has a military colour scheme with black and green strains all over it reminding us of the game’s eternal glory. Not just the attractive colour scheme, but the Big Shock! #2 energy drink comes with a ‘hidden’ link embedded on one side of the shell – a special feature which was solely possible due to Ardagh’s latest H!GHEND technology. Buyers would be surprised to find a black promotional tab placed under the bright green end of the...
Social inventories of primary aluminium in China amounted to 626,000 tonnes across eight major consumption areas, including SHFE warrants, on Monday, October 24, according to the Shanghai Metals Market. SMM found the inventories decreased by 10,000 tonnes over the weekend but edged 6,000 tonnes higher than at the end of September. On a week-on-week basis, the inventories on October 24 were 38,000 tonnes lower than 664,000 tonnes. The continued downfall in inventories could be attributed to hindered transportation due to COVID restrictions. The Gongyi Railway Station in Henan province is currently in lockdown, with cargoes being banned from entering or leaving. The chart below indicates the current status of primary aluminium inventories across China in more details: In Gongyi and Nanhai,...
Bolt has collaborated with Tanel Veenre, a renowned Estonian designer, to remodel its retired scooters into fashion jewellery. With his indomitable expertise, the award-winning designer has put together the "Hardwear collection" that features almost 100 hand-crafted bracelets, earrings and pendants. The aircraft-grade aluminium used in 230,000 Bolt scooters would be very skilfully transformed to create these lightweight, durable and shiny pieces of art. Aluminium is infinitely recyclable, and this has instigated many big players to transform their base raw material into the same. The designer has to remove the green paint from Bolt scooter bodies before beginning his fundamental activity of reshaping the metal. Tanel, to lend a personal touch, then goes on to anodize and paint the...
As the transportation industry is increasingly shifting its preference to lightweight and lower carbon emissions, the usage of aluminium castings is gaining notable importance for obvious reasons like high strength and infinitely recyclable. One of the distinguishing features of castings from other forms of aluminium is its ability to absorb large volumes of recycled aluminium produced from post-consumer scrap. Castings produced from recycled aluminium are used in mainstream automobile applications such as engines and wheels. Flexibility, fine surface finish, and high quality are some of the other factors that make aluminium castings popular in the automobile sector. It has been found that the average aluminium usage per car has grown significantly over the years and castings are the most...
The resurgence of the Covid pandemic across China has significantly impacted secondary aluminium-producing companies in the Henan province. According to an SMM survey, the pandemic generally affected the production and shipment of secondary aluminium facilities in the local area. A company in Shangqiu City, Henan, focuses on remelted aluminium billets production with a capacity of 55,000 tonnes per year and a monthly output of 4,500 tonnes. It has maintained average production, but if the pandemic stretches, it may cut output for risk evasion in the following two months at a time when aluminium scrap prices are surging, and aluminium prices are volatile. In a Yongcheng-Henan-based facility, with a capacity of 110,000 tonnes of ADC12 secondary aluminium per year and a monthly output of...
One of the biggest enterprises in Dubai serving the commodities market and providing mining, power and energy services, Dubal Holding has signed an initial deal with the investment corporation, Imdaad to develop projects aimed at boosting Dubai's sustainability objectives. The UAE is ready to invest Dh600 billion (US$163.5 billion) to enhance clean and renewable energy projects over the next thirty years with an endeavour to achieve net zero by 2050. Having an incredible budget of Dh74.5 billion (US$20.3 billion), the UAE has launched the Integrated Waste Management Strategy 2021-2041 this year. Around Dh70.5 billion would be yielded from the private sector only. Dubai has already introduced programmes to increase the country's recycling rate in order to meet emissions and sustainability...
On October 24, 2022, Luhut Pandjaitan, the Coordinating Minister of Maritime and Investment Affairs Indonesia, stated that the island nation's export is anticipated to cross $300 billion by 2024 as the government is getting ready to ban bauxite exports, among other commodities, to encourage investment in local manufacturing sectors. He further added that exports could surpass a record $280 billion this year, with nickel-based steel shipments growing sharply after the country banned nickel ore exports. In contrast, loads of other commodities got a boost from high prices. Indonesia lacked alumina production due to a lack of infrastructure development. However, in 2015, Indonesia’s first alumina refinery started its commercial operations. The second phase of a China Hongqiao Group alumina...
A00 aluminium ingot price has downsized by RMB 100 per tonne to close at RMB 18,550 per tonne, as the Shanghai Metals Market recorded on Tuesday, October 25. The average prices are expected to range between RMB 18,530 per tonne and RMB 18,570 per tonne, with spot contracts trading at the discount price of RMB 40 per tonne. The provinces in China have witnessed decreasing prices today, with the A00 aluminium ingot price dropping the highest in Wuxi by RMB 120 per tonne to stop at RMB 18,530 per tonne, followed by RMB 110 per tonne de-escalation in Gongyi resting at RMB 18,520 per tonne. In provinces like Shenyang and Linyi, the aluminium prices stood at RMB 18,500 per tonne and RMB 18,550 per tonne, with a fall of RMB 100 per tonne. In Foshan, Hangzhou and Chongqing, the aluminium price...
Three-month LME aluminium opened at US$2,227.50 per tonne, with the highest and lowest prices at US$2,234.50 per tonne and US$2,170.50 per tonne before closing at US$2,177 per tonne, down US$41.50 per tonne or 1.87 per cent. On Monday, October 24, LME aluminium cash bid price and LME aluminium official settlement price inched up by US$3 per tonne and US$4.50 per tonne, respectively, to initiate the week at US$2,158 per tonne and US$2,160 per tonne. 3-month bid price and 3-month offer price settled at US$2,178 per tonne and US$2,179 per tonne, up by US$3.50 per tonne from the previous day. December 23 bid price and December 23 offer price increased by US$7 per tonne to peg at US$2,262 per tonne and US$2,267 per tonne as of October 24. LME aluminium opening stock slipped 475 tonnes to total...
On October 24, 2022, five European industry associations stated that they had urged European authorities to stave off sanctions, tariffs or boycotts against Russian aluminium. Otherwise, it might create a situation where thousands of companies would go out of business, and develop unemployment. The Russian aluminium giant, Rusal's output is considered to be around 6% of the total world's aluminium production. However, this aluminium company has not been earmarked by western sanctions against Russia following the geopolitical crisis with Ukraine. Conversely, the United States is considering restrictions on Russian aluminium imports. In contrast, the world's biggest metal trade hub, the London Metal Exchange (LME), is asking members if it should ban Russian metal from its system. Although...
