Ashapura Minechem is preparing for its next phase of growth by expanding its Guinea bauxite operations while shifting its Indian business towards higher-value mineral products. The company is targeting 15 million tonnes of annual bauxite volumes by FY28, a level management believes could generate...
Constellium has been recognised in Automotive News’ 2026 Top Supplier ranking for the eighth consecutive year, highlighting its continued role in automotive aluminium solutions. Constellium has secured a place in Automotive News’ 2026 Top Supplier ranking, marking the eighth consecutive year the...
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After racing close to its 52-week high, Hindalco Industries suddenly lost momentum on May 15. The stock slipped to an intraday low of INR 1,073 and ended nearly 3 per cent lower as investors rushed to lock in gains following a strong rally. The pullback came at a time when uncertainty across the...
S&P Global Ratings has upgraded Vedanta Resources to ‘BB’ with a stable outlook, reinforced by improvement in operating performance, firmer liquidity and consistent deleveraging across the group. S&P highlighted Vedanta’s expanding backward integration in alumina and bauxite, coupled with...
Infinix today announced that the NOTE 60 series has received a series of world-renowned design recognitions, reinforcing Infinix's evolution toward premium smartphone design. Among the lineup, NOTE 60 Ultra has been honoured with the Red Dot Award 2026, iF DESIGN AWARD 2026, and 2026 Golden...
The global aluminium industry gathered in London with one pressing question hanging over the market - how severe could the supply shock from the Middle East become, and how long will its impact last? At the World Aluminium Summit hosted by CRU Group at Savoy Place, more than 360 delegates discussed...
The aluminium industry witnessed a defining phase shaped by tightening supply chains, rising sustainability pressures, accompanied by an acceleration in recycling investments. From shifting global scrap trade patterns and low-carbon aluminium initiatives to CBAM-driven policy responses and ESG-led...
On May 15, an advertisement was created by Manaksia Aluminium Company Limited, an Indian manufacturer of value-added, secondary aluminium products, in the editions of Business Standard (in English) and Ek Din (in Bengali). The reason behind the advertisement in the traditional newspaper is to...
As global scrap trade routes keep changing, Vietnam is trying to position itself as the next big destination for aluminium and copper recycling. But while the country is offering tax benefits and financial support to attract investors, many traders and recyclers still believe the market is not...
Macro perspective: Overall macro atmosphere leaned warm, with multiple positive factors resonating Ex-China, US April CPI data showed surging energy prices drove headline inflation to a three-year high, fuelling expectations for US Fed interest rate hikes within the year. US-Iran negotiations...
Runaya is expanding its critical metals production operations in Rajasthan with new capacities planned for cobalt, cadmium and copper alongside other base metal products. The company, backed by Vedanta, said the expansion is being developed at its Zinc Industrial Park facility in Rajasthan as part...
Nam Lee Pressed Metal Industries Limited, a Singapore-based aluminium manufacturing company, reported higher revenue and stable profit for the first half of the financial year ended March 31, 2026, supported by stronger aluminium and reefer container sales. Revenue for the six months rose 28 per...
Shares of Sundaram Clayton were in focus after the company released its audited FY26 financial results, reporting a turnaround in net profit following a large one-time gain from asset monetisation. The company, which manufactures aluminium die-cast components for the automotive sector, reported...
Daiki Aluminium Industry Co., Ltd. reported higher revenue and profit for the financial year ended March 31, 2026, supported by improved operating performance. The company’s consolidated net sales rose 10.4 per cent year-on-year to JPY 331.1 billion (USD 2.08 billion), while its operating profit...
Coca-Cola’s Diet Coke is gradually returning to stores in India after weeks of supply shortages triggered by disruptions in aluminium can availability, though consumers are now facing significantly higher prices and a switch in packaging. The shortage first began surfacing across cities, including...
The United States is exploring opportunities in Guyana’s bauxite sector. It is also interested in surveying mining areas to identify additional mineral resources, according to the US Under Secretary of Economic Affairs Jacob Helberg. Helberg met with Irfaan Ali and other government officials during...
Bering Yachts has unveiled the first hull of the Bering BC60, marking the company’s entry into the aluminium explorer catamaran segment. Designed as a long-range expedition vessel, the BC60 expands Bering’s explorer yacht portfolio by combining ocean-going capability with the efficiency and...
Chinese prices for aluminium scrap have been rising steadily so far this month and are expected to continue climbing during coming weeks, supported by tightening scrap supplies and steady demand from secondary aluminium smelters, Mysteel's latest survey findings show. On May 13, Mysteel assessed...
Japan’s aluminium premium has climbed from USD 86 per tonne in Q4 2025 to an average USD 351.5 per tonne (ranging between USD 350-353 per tonne) for Q2 2026 shipments, being the steepest quarterly escalation in more than a decade and the highest level since the USD 380-per-tonne settlements...
According to six sources, the leading aluminium producer in the Middle East, Emirates Global Aluminium (EGA), is reportedly in negotiations with Oman in order to acquire a stake in competing producer Sohar Aluminium of Oman, which has an annual production capacity of about 395,000 tonnes. This is...
