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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Grup Aresa Internacional of Spain has delivered four Aresa 1700 inshore patrol boats to the Nigerian Navy. Aresa had already informed last month that the boats were shipped, marking the conclusion of commissioning, sea trials, etc. In April, Aresa announced the launch of their first fighter vessel named Aresa 1700 Fighter II vessel (P494). The Aresa 1700 (Fighter II class) is constructed using aluminium and is around 17 metres long. Its overall length is 19.2 metres with a 4 metre beam. Each vessel displaces 7.6 tonnes. Not only this, they are also powered by two MTU engines which can deliver 1250 hp, driven by a propeller. The Aresa 1700 also features a top speed of 40 knots. A Rigid Inflatable Boat (RHIB) can be taken to the rear of the vessel and launched by the vertical launching...
As per the global standard, the aluminium industry considers: “Aluminum from 0.008 inches to less than 0.25 inches thick is considered sheet. Thinner aluminium is foil and aluminium 0.250 inches and thicker is plate. Strips are sheets that are machined into units with smaller width for specific applications.” Cameroon's market-based, diversified economy features oil and gas, timber, aluminium, agriculture, mining and the service sector. The country has a mixed economic system that incorporates a variety of private freedom, combined with centralized economic planning and government regulation. Cameroon being a part of the Economic Community of Central African States (ECCAS), imported 27,314 tonnes of aluminium plates, sheets and strips during 2019-20 and the expenditure counted for the...
On 11 th October 2021, the European multinational aerospace corporation, Airbus initiated the production of the introductory aluminium panel skin for the Skynet 6A military communications satellite at its facility in Stevenage, on an occasion in the presence of the UK’s minister of defence procurement Jeremy Quin. Quin stated: “Secure military SATCOM is vital for our ability to conduct operations on a global scale.” “Seeing the first hardware for the next-generation Skynet 6A satellite shows we are on track for launch in 2025 and ready to upgrade and enhance the UK’s global military communications network”, the minister added. The international pioneer in the aerospace sector, Airbus in July 2020 secured the contract to design and develop Skynet 6A from the UK Ministry of Defence. In...
Three-month LME aluminium rose 0.79 percent to end at US$3,066 per tonne last night. On Tuesday, October 12, both LME aluminium cash (bid) price and LME aluminium official settlement price increased by US$32 or by 1.05 percent to settle at US$3,051 per tonne and US$3,052 per tonne. 3-month bid price and 3-month offer price totalled at US$3,072 per tonne and US$3,073 per tonne. December 22 bid price settled at US$2,928 per tonne and the offer price for the same day closed at US$2,933 per tonne. LME aluminium opening stock for October 12 closed at 1137675 tonnes. Live warrants for the same day were recorded at 637425 tonnes and cancelled warrant stood at 500250 tonnes. LME aluminium 3-month Asian Reference Price for Tuesday, October 12, settled at US$3,051.64 per tonne. SHFE Aluminium Price...
A00 aluminium ingot price witnessed a third-day rise in price as of the week. According to SMM, the primary aluminium ingot price has soared by RMB 90 per tonne to come in at RMB 23,330 per tonne. However, the average prices are expected to range between RMB 23,280 per tonne and RMB 23,320 per tonne, with spot contracts to be traded at a premium price of RMB 40-0 per tonne. In Hang Zhou the prices have surged the highest among other Chinese cities by RMB 360 per tonne to 23,580 per tonne, followed by Wu Xi the price climbed by RMB 350 to RMB 23,570 per tonne. A00 aluminium ingot price in Chong Qing shoot up by RMB 130 per tonne to RMB 23,310 per tonne, pursued by Shen Yang with a growth in price by RMB 120 per tonne to settle at RMB 23,320 per tonne. In Tian Jin, the price increases by...
Mining king Rio Tinto has signalled that they will be joining hands with the Queensland government to look for clean energy for their Boyne aluminium smelter, as Australian manufacturers are gaining a lot due to the crisis in global energy prices which is urging smelters in Europe and Asia to cut productions. Aluminium prices soared to a 13-year high on Monday, fuelled by fears that rising electricity costs will drive more smelters in China, India, and Europe to reduce output, resulting in a shortage of the lightweight metal. While power prices in Queensland have risen in recent months as a result of an explosion at the Callide power station, Australian smelters benefited from extremely low power prices at the beginning of the year. Apart from this, four Australian smelters of Rio...
Alcoa and FYI Resources, the Australian listed resources company that aims at developing an innovative and vertically integrated high quality, high-purity alumina will commence the HPA trials at FYI’s pilot plant facility in Welshpool, Western Australia in October 2021. The trials are part of the initial phase for the two companies that conducted joint development projects. On 19th October, the pilot plant production is slated to commence and will pursue for 24 hours per day across the preceding two weeks. A further two weeks of continuous operations will happen at the pilot plant, after a short break to analyse the initial production data. The pilot plant’s trial position is to denote processing efficiencies through the production of HPA with the product to be utilized for further...
King River Resources Limited, an exploration mining company, has appointed a new CEO for its newly formed High Purity Metals Division as the company looks to lay the groundwork for building a processing plant for high purity alumina in Kwinana. Doug Flanagan, the newly appointed CEO, comes with an immense experience in delivering base and precious metal projects, rare earths and oil, and gas projects in Australia, Zambia, Malaysia, and Central and North America. The appointment of the new CEO underpins King River’s focus on in-demand critical metals such as high purity alumina that is used in LED lights, Iphone facias, and lithium batteries. King River Chairman, Tony Barton, said: “The directors of King River Resources believe Doug’s considerable experience and broad technical and...
On Monday, October 11, the London Metal Exchange (LME), announced that they are planning to establish a digital base metal spot market which will focus on the trading of ‘green’ aluminum. For this initiative, LME will be partnering with a German digital metals trading platform called Metalshub. The spot trading will be taking place on Metalshub’s existing online trading platform. The new spot market will be aiming at physical users of industrial metals and is 144 years old exchange known for functioning Europe’s only remaining open outcry trading ring, which intends to boost their digital and sustainability credentials. While Metalshub is considered as the global hub for metals trading, LME’s unique derivatives contracts allows traders to buy and sell futures for particular days are...
The international financial institution World Bank has classified Croatia as a high-income economy and ranks very high on the Human Development Index. 25% of the country’s GDP is accounted for by the industrial sector. Economically the most developed European nation, Croatia imported 5915 tonnes of aluminium household articles during 2018-20 and the revenue expended for the import accounted for $25.22 million. In 2018, Croatia imported aluminium household articles for 804 tonnes and the expenditure counted for the import was $3.60 million, whereas, in 2019, the import reflected an excellent growth by 261.56%, as the import volume shoot up to 2907 tonnes and the expenditure also climbed to $11.57 million. Croatia’s export of aluminium household articles in 2020 illustrated a downfall by...
According to the Shanghai Metals Market, China’s alumina production stood at 6.20 million tonnes in September 2021 (30 days), including 5.99 million tonnes of metallurgical grade alumina. On a month-on-month calculation, the production was down by 2.97 per cent from 6.39 million tonnes. But on a year-on-year basis, the output stood 4.91 per cent higher than 5.91 million tonnes. The daily average output of metallurgical grade alumina was 199,500 tonnes, up 5.55 per cent year-on-year from 189,000 tonnes. From January to September 2021, China’s total production of metallurgical grade alumina amounted to 53.65 million tonnes, 7.75 per cent more than 49.79 million tonnes during the same period last year. The net imports of alumina are estimated to be around 350,000 tonnes, while surplus at...
Three-month LME aluminium opened at US$2,958.5 per tonne yesterday and closed at US$3,042 per tonne, up 2.79 percent. On Monday, October 11, LME aluminium cash (bid) price moved up US$117.5 or by 4.04 percent to record at US$3,019 per tonne. LME aluminium official settlement price soared up by US$118 or by 4.06 percent to close at US$3,020 per tonne. 3-month bid price and 3-month offer price settled at US$3,033 per tonne and US$3,034 per tonne. December 22 bid price closed at US$2,903 per tonne and the offer price for the same day was recorded at US$2,908 per tonne. LME aluminium opening stock for October 11 was recorded at 1150225 tonnes. Live warrants for the same day settled at 637425 tonnes and cancelled warrant totalled 512800 tonnes. LME aluminium 3-month Asian Reference Price for...
Primary aluminium production in China dropped by 3.72 per cent month-on-month to 3.11 million tonnes in September 2021 (30 days). On a year-on-year calculation, the output fell marginally by 0.10 per cent, found the Shanghai Metals Market. Of this, liquid aluminium accounted for 64.6 per cent in September, a decrease of 2 percentage points from August. The daily average output in September 2021 was 103,700 tonnes, down by only 300 tonnes on the month from 104,000 tonnes and 100 tonnes on the year from 103,800 tonnes. From January to September, China’s total primary aluminium production stood at 29.08 million tonnes, reflecting a year-on-year increase of 6.01 per cent from 27.43 million tonnes. The fall in China’s primary aluminium output in September could be attributed to the reduced...
The high power-intensive produced metal aluminium escalated to new heights since 2008, as the global power distress plunges the metal supplies utilized for the manufacturing of beverage cans to world-class mobile phones. The metal aluminium consumes around 14-megawatt hours of power for one-tonne output, which is considered enough to ferry an average home in Britain for more than three years. China initiated first to curb the aluminium production to restrict its industrial energy usage. However, ahead of the present energy crisis, China has placed a hard cap on the future capacity that assures to conclude years of over-expansion and augments the possibilities of a profound global shortfall. These days, with the soaring energy costs across Asia and Europe, there’s a looming threat of...
The average alumina spot price in China has hiked by RMB 91 per tonne on Tuesday, October 12, following restraint at RMB 3,884 per tonne from October 8 to October 11. According to the Shanghai Metals Market, the increase has brought the alumina spot price to RMB 3,975 per tonne. In Henan and Shanxi, alumina price has surged by RMB 100 per tonne to stand at RMB 4,000 per tonne, while the price in Shandong and Guangxi has climbed by RMB 75 per tonne to RMB 3,950 per tonne and RMB 3,775 per tonne, respectively. In Guizhou, alumina price has gained RMB 50 per tonne to peg at RMB 3,900 per tonne. Australian alumina FOB price, on the other hand, has remained unchanged at US$480 per tonne as of October 12, learned SMM. Among other primary aluminium input costs, caustic soda (32% concentration)...
The voice of the European aluminium value chain, European Aluminium Association hails the European Commission’s final confirmation of the definitive anti-dumping duties required to hinder the impact of Chinese dumping of flat-rolled products (FRPs) on the EU market. Correspondingly, European Aluminium strongly opposes the contradictory 9-month suspension of these duties officially announced by the European Commission on 11 th October 2021. European Aluminium is ready to follow all available avenues to combat the unjustified suspension of the long-overdue trade defence measures. The European Commission’s Definitive Findings in the anti-dumping investigation into certain aluminium flat-rolled products (FRP, case AD668) clearly confirmed that China practices injurious dumping of aluminium...
On 11th October 2021, Hilde Merete Aasheim, CEO of Norwegian aluminium and one of the largest aluminium companies worldwide, Norsk Hydro said: “The green transition is under threat unless governments can level the playing field between metal producers who are forced to pay offset costs for their emissions and those who are not.” In a keynote speech at the opening of LME Week in London, the metal industry's yearly summit, Hilde Merete Aasheim said: “Some are subject to the world's most ambitious climate policies, while others are not.” "If some of the world's greenest production has higher CO2 costs than many of those producing with a formidable CO2 footprint, that is not an efficient incentive structure to promote a speedy and successful green transition," she added. The metal giant’s CEO...
Gideon Boako, an aide to Mahamudu Bawumia the Vice President of Ghana, revealed that around three-quarters of Ghana’s bauxite reserve were sold to another company by John Dramani Mahama, the former President of Ghana. The company, to whom Ghana’s bauxite reserve was sold, is associated with Ibrahim Mahama, the brother of Dramani Mahama. According to Gideon, within less than a month of his exit from office and losing the 2016 election, the Mahama administration sold the Nyinahin reserve which includes around 75 percent of the bauxite reserve in Ghana to Exton Cubic, associated with Ibrahim Mahama. “But for the intervention of the New Patriotic Party (NPP) government that cancelled the deal, Ghana would have been the worse for it,” said Gideon Boako on Net2 TV’s The Seat Show. “Atewa has...
