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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The third hull in the Firstline family from VisionF Yachts, the all-aluminium-built VisionF 80 BLCK, was on display at both the Cannes Yachting Festival and Monaco Yacht Show. The outside lines of the VisionF 80 BLCK, especially when paired with the matte black painting in the Black Edition, are one of the yacht's most striking features. The external surfaces of a composite boat would get uncomfortably hot as a result, whereas the aluminium hull effectively dissipates surplus heat into the sea. One of their key benefits is the enormous amount of main deck space on catamarans, particularly for family cruising. The VisionF Black Edition is slightly less than 24 metres long, with a maximum beam of 9.9 metres and a shallow draught of 0.80 metres. It has a roomy cockpit area with seating for...
HMD Global, a Finnish company that secured Nokia branding rights in late 2016, introduced a new mid-range smartphone in Thailand titled Nokia X30 5G. The new eco-friendly smartphone comprises recycled materials like aluminium and plastic from the case to the packaging. The rear cover is plastic with 65 per cent recycling, and the aluminium frames are 100 per cent recyclable. Paper from recycled sources made up the entire box and packing. "Consumers are changing their ideas and behaviours, choosing products and services that are friendlier to the environment. We determined a competitive price point and provided quality camera features that are similar to 30,000-baht range smartphones," said Mr Paradorn. HMD Global's business development manager, Paradorn Ramaboot, stated that the company...
Hindalco Industries’ aluminium products prices suffered a loss of INR 6,000 per tonne on October 22, the same amount as they grew by the previous day. Therefore, the company’s aluminium billets price came in at INR 219,600 per tonne on Saturday, October 22, versus INR 225,600 per tonne on Friday, October 21. Hindalco’s aluminium wire rod price stood at INR 216,600 per tonne on October 22 compared to INR 222,600 per tonne on the previous day. Aluminium ingot price was no exception but also saw a cut of INR 6,000 per tonne on Saturday, October 22, to peg at INR 205,500 per tonne. Hindalco Industries Limited reduced its aluminium prices in response to a sharp downfall of US$98.50 per tonne in the three-month futures of aluminium on the London Metal Exchage on Friday. The price thus, slipped...
The global resources company, SOUTH32, stated that sales of aluminium and manganese from its South African operations shrank in the first quarter of its 2023 financial year due to port congestion and reduced third-party rail availability. In comparison with the previous quarter, aluminium sales dipped 18% to 162,000 tonnes, while manganese sales narrowed by 8% to 473,000 tonnes. As a result of Covid-19 absenteeism, a lack of parts and equipment, as well as constant theft and sabotage by criminal gangs, South Africa's state-owned rail and port operator Transnet has struggled to maintain volumes. In the past, South32 has trucked manganese from its mines in the Northern Cape. In the event of a decline in manganese prices, this route may be less effective, and there may be more disruption to...
According to the National Bureau of Statistics, China’s primary aluminium production rose 9.3 per cent year-on-year in September 2022 to stand at 3.42 million tonnes, as smelters in a few major regions ramped up output after the ease of power restrictions. Last year, China saw a drop in aluminium production as several regions imposed power curbs on energy-intensive industries like aluminium production due to electricity shortages. Even smelting hubs like Yunnan and Inner Mongolia had to order restrictions to meet energy consumption targets. This year, despite a year-on-year increase, September output still dropped from the previous month by 2.5 per cent from 3.51 million tonnes, especially because Yunnan asked its aluminium producers to cut power usage from September 10 for indefinite...
The African-focused mineral exploration company Canyon Resources has been granted a 'Certificate of Environmental Compliance' (CEC) for its world-class Minim-Martap Bauxite Project by the Ministry of Environment. A detailed Environmental Social Impact Assessment (ESIA) was conducted by Canyon Resources (Canyon) through its 100% owned subsidiary Camalco S.A. The ESIA included extensive public consultation of multiple stakeholders and related communities. Jean-Sebastien Boutet, the Chief Executive Officer, said: “It is gratifying to see the steady progress occurring because of our rigorous and systematic approach. Signing the Certificate of Environmental Compliance is another demonstration of the momentum the company is building through our positive interaction with all stakeholders in...
The average alumina spot price in China has initiated the week with a further drop of RMB 7per tonne to settle at RMB 2,799 per tonne as of Monday, October 24, according to the Shanghai Metals Market (SMM). Among the major consumption cities, Guangxi has witnessed a decline of RMB 20 per tonne to RMB 2,750 per tonne, followed by a dip of RMB 5 per tonne in Guizhou to RMB 2,765 per tonne. The Australian alumina FOB price has remained restrained at US$310 per tonne as of October 24. A00 aluminium ingot price has also seen a drop of RMB 10 per tonne, following a week-end growth of RMB 220 per tonnes, found SMM. Thus, the price now stands at RMB 18,650 per tonne, with average prices to be traded at a premium price of RMB 18,630 per tonne and RMB 18,670 per tonne. The spot contract is likely...
Over the past few decades, aluminium has unlocked new dimensions, as endless objects have been developed that simplify and improve the quality of daily human life. Compared to the prior year, 2021 saw an increase of over 100 million units in the usage of aluminium screw caps for liquor bottles. Data from Euromonitor International, provided by Aluminium Closures Group, indicates that in 2021, the number of screw caps used in Europe crossed seven billion. When examining on-trade consumption in Europe, use increased by 20 per cent. In the off- and on-trade outside of Europe, aluminium closure usage increased by roughly 6 per cent. “While the numbers are still under 2019 volumes, they indicate a welcome return to growth, particularly in Europe and particularly in on-trade sales. Undoubtedly,...
According to the International Aluminium Institute’s latest data, world primary aluminium production in the third quarter of 2022 ended September 30 closed at 17.481 million tonnes, recording a quarter-on-quarter increase of 2.36 per cent. In Q2 ended June 30, global output stood at 17.078 million tonnes, up by 3.33 per cent from 16.527 million tonnes in Q1. As the data revealed, world primary aluminium production reflected a consistent growth in each quarter, bringing the total production in nine months of the year to 51.086 million tonnes, which also registered an improvement of 1.18 per cent from 50.492 million tonnes a year ago. However, world primary aluminium output in September 2022 edged 3.22 per cent lower month-on-month to 5.702 million tonnes compared to 5.892 million tonnes...
LME aluminium opened at US$2,218 per tonne last Friday, with its high and low at US$2,240.5 per tonne and US$2,165.5 per tonne, respectively, before closing at US$2,218.5 per tonne, an increase of US$1.5 per tonne or 0.07 per cent. On Friday, October 21, both LME aluminium cash bid price and LME aluminium official settlement price plunged by US$58.5 per tonne or 2.64 per cent to score at US$2,155 per tonne and US$2,155.50 per tonne. 3-month bid price and 3-month offer price declined by US$52.5 per tonne or 2.35 per cent to record at US$ 2,174.50 per tonne and US$2,175.50 per tonne. December 23 bid price and December 23 offer price slipped by US$52 per tonne to stop at US$2,255 per tonne and US$2,260 per tonne. LME aluminium opening stock halted at 570000 tonnes. Live warrants and...
The Australia-based mining and metal technology company ABx Group has confirmed that its 83%-owned subsidiary ALCORE Limited (ALCORE), has selected the initial operating conditions for its planned pilot plant on the New South Wales (NSW) Central Coast. This pilot plant aims to produce hydrogen fluoride from 'excess bath', a waste product from aluminium smelters. During the commercial process, hydrogen fluoride will be converted into aluminium fluoride, a high-value chemical essential for aluminium smelting. ALCORE commissioned three reactors earlier this year and has since monitored their performance at varying temperatures, residence times, and acid amounts. The results of this assessment program, combined with literature data and thermodynamic modelling, have allowed the company to...
A unique characteristic separates every Indian car manufacturer from its competitors among customers. For instance, Maruti Suzuki is known for its fuel efficiency, Hyundai and Kia for their features, and Mahindra and Tata for their strong build. However, the Japanese car manufacturer Toyota is known for its reliable engine. According to our report, many type 1 Toyota Innova owners still drive their cars without any significant issues. There have been Innovas that have done over 1 million km on odometers without any problems. Toyota Innovas are incredibly reliable when compared to other cars in the segment. As per our information from auto experts, these engines are unique from others in the segment and are built for a purpose. The engine of this car does not have too many advanced...
The Singapore-incorporated multinational commodity trading company Trafigura, also acknowledged as the global leader in trading refined metals, including aluminium, has entered into a USD800 million five-year loan underwritten and arranged by Societe Generale and syndicated to seven participating banks. The loan is guaranteed by the government of the Federal Republic of Germany acting through the German Export Credit Agency (ECA) Euler Hermes Aktiengesellschaft. Germany's Untied Loan program supports Trafigura's commitment to delivering up to 500,000 tonnes of non-ferrous metals, including aluminium, to Germany over five years. The Untied Loan program ensures Germany's long-term access to strategic commodities. In exchange for offering cover on the financing, Trafigura has committed to a...
In the search for sustainability, big brands prefer aluminium over other materials in making their products. A great propagator of infinitely recyclable aluminium usage, Ball Corporation has introduced sizes 9-ounce and 12-ounce Ball Aluminium Cup® to their consumer profile which can be very beneficial for the entertainment sector. Testings funded by the US Federal Highway Administration confirm the feasibility of Aluminium Bridge decking technology, and Norwegian Hydro is keen on delivering perfection in that aspect. Apple will use a high-end combination of textiles, aluminium, and glass to design the company’s latest Virtual Reality headset, allowing iris scanning for biometric payments with log-ins. The first aluminium goods train rake assembled in India was flagged off from...
The ongoing Ukraine-Russia geopolitical has been a cause of discrepancies worldwide. With the Russian gas lines closed, Europe is on the brink of losing its primary aluminium products line and the aluminium recycling units. The European Commission stated that KPS Capital Partners' portfolio company, German aluminium smelter Speira on October 19 bagged the EU antitrust approval to acquire aluminium recycler Real Alloy Europe. In collaboration with Alupro, Preston City Council has launched a programme to recycle aluminium. Residents would be encouraged to recycle empty, clean foil trays, aerosol cans, drink cans or tins and aluminium foil for wrapping. India'sIndia's renowned lead smelter, Pondy Oxides & Chemicals, is plotting to construct an INR 5 crore aluminium recycling plus melting...
The Pittsburgh-based industrial production and the world's eighth-largest aluminium producer, Alcoa, is lowering its outlook for alumina and bauxite shipments on the ground of demand contracts and reducing output. According to the Q3 earning report, the company anticipates alumina shipments to range from 13.1 million tonnes - 13.3million tonnes (t), a dip of 500,000 tonnes. This lower production level results from the company's San Ciprián refinery's 50% reduction in production, or 800,000 tonnes per year, to reduce its losses from higher natural gas prices. The Australian refineries of Alcoa are also expected to minimise shipment volumes. Due to lower demand from Australian refineries, the bauxite shipment estimates for the year have been reduced by 1 million tonnes to 43-44 million...
Rolls-Royce Spectre comes with a lightweight aluminium space-frame chassis and is the British automobile genius’ first stepping stone toward the endeavour to create an all-electric production line by 2030. The well-acclaimed Phantom Coupé is the precursor to the Spectre and has been tested to support a driving range of 520 km on a single charge. Not only does the Spectre flaunt a lightweight aluminium space-frame chassis, but it is also 30 per cent more rigid because of the inclusion of extruded aluminium sections and a battery embedded in the original framework. An aluminium space frame is created out of extruded aluminium sections, aluminium sheets, and vacuum die-cast components of various thicknesses and lengths. Extremely upgraded technology is required to fabricate an aluminium body...
The ongoing Russia-Ukraine has changed a lot in the global primary aluminium industry. To begin with, on Tuesday, October 18, the London Metal Exchange (LME) registered warehouses in Gwangyang, South Korea, received significant shipments of Russian-origin aluminium from the Anglo-Swiss multinational commodities trading and mining corporation Glencore, which has its headquarters in Switzerland. Christopher Burnham, the chairman of En+ Group, called the Bloomberg report on the US sanctions rumours published on October 12, 2022, "irresponsible." Rusal, the group's metal division, is the largest independent renewable energy source and the world's top producer of low-carbon aluminium. Due to significant deliveries to London Metal Exchange (LME)-approved warehouses, the LME aluminium cash bid...
