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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60-day aluminium to-go cup pilot programme by Savannah downtown has ended with great success, says participating restaurants. The programme, which started in August adding aluminium cups as an option to fill to-go cups for alcoholic beverages, has witnessed the use of around 50,000 cups. “We know that diverted 50,000 pieces of plastic out of the waste stream, out of our environment which is just a huge hit,” said Alderman Nick Palumbo. As the programme is a huge hit, restaurants are now looking for ways to continue the initiative for the long term. “We had a really nice success with this project,” said Carey Ferrara, director of sales and marketing of the Gaslight Group, which owns several restaurants in Savannah. There were certain downsides too in the programme related to costs. But...
The alumina refineries in Queensland, Australia is all set in motion to enter full-scale trials with a new technology that might transpose the bauxite residue red mud to soil-like material competent of laying on plant life. As reported by the researchers who are developing the new system, stated that there are more than four billion tonnes of red mud stockpiled in dams around the world, while Australia ranks second as a mineral waste producer. The eco-engineering solution in this context is being worked on by researchers at the University of Queensland’s Sustainable Minerals Institute in collaboration with Rio Tinto and Queensland Alumina Limited. Longbin Huang, the lead researcher said: “The technology is a process to utilize functional and cost-effective engineering inputs, either...
Hindalco Industries Limited further increased its aluminium ingot and aluminium products prices on the immediate next day, on October 6, 2021. That brought the company’s aluminium ingot price to INR 250,750 per tonne, up by INR 3,250 per tonne or 1.31 per cent from INR 247,500 per tonne on October 5. Hindalco’s aluminium wire rod price also witnessed a hike of INR 3,250 per tonne from INR 258,650 per tonne to INR 261,850 per tonne on October 6. Aluminium billets selling price is now settled at INR 257,850 per tonne, compared to INR 254,600 per tonne on the previous day. Hindalco Industries Limited links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which further grew on October 5 by US$5.50 per tonne to US$2,894.50...
LME aluminium benchmark price surged 0.51 percent on Wednesday, October 6. LME aluminium cash (bid) price reduced by US$15 to settle at US$2,879 per tonne. LME aluminium official settlement price lowered by US$14.5 or by 0.50 percent to close at US$2,880 per tonne. 3-month bid price and 3-month offer price stood at US$2,887 per tonne and US$2,888 per tonne. December 22 bid price was recorded at US$2,780 per tonne and the offer price for the same day closed at US$2,785 per tonne. LME aluminium opening stock for October 6 stood at 1198425 tonnes. Live warrants for the same day settled at 644550 and cancelled warrant was found out to be 553875. LME aluminium 3-month Asian Reference Price for Wednesday, October 6 closed at 2920.65. SHFE Aluminium Price Trend The Shanghai Metal Market will be...
According to a recent report, the first rake of the Pune Metro, made in aluminium, is scheduled to reach the city in the coming week, if all the formalities are completed at the Mumbai port. The casting of two more trains is underway and the rakes are expected to arrive in Pune in the next few days. Since made in aluminium, these trains are lightweight and save more energy and require less maintenance. Every train will have three coaches. Each coach can accommodate 320 passengers and a single metro rake can accommodate 970 passengers. MahaMetro had placed an order of 34 rakes with Titagarh Firema, some of which will initially come from Italy while the rest will be cast at a Kolkata-based unit. Titagarh Firema is a wholly-owned Italian subsidiary of Titagarh Wagons. In August 2021,...
The Chairman of the Board of Directors of Aluminium Bahrain B.S.C. (ALBA), Shaikh Daij bin Salman bin Daij Al Khalifa was the main speaker at the 24 th Arab-German Business Forum 2021. The event was held at the Hotel Ritz-Carlton Berlin, Germany from October 4 to October 6 2021. The three-day Arab-German Business Forum is an important platform for promoting Arab-German business relations. The event includes panel discussions, Ambassador rountables, country workshops involving reputed speakers who will talk mainly about the key sectors with economies which can create opportunities and growth. The key members at the event were Ali Al Baqali, the Chief Executive Officer of Alba and Chief Marketing Officer Khalid A. Latif. Other people attending the event were Boris Santosi, the Marketing...
The aluminium shipments premium to the Japanese buyers for October to December closed at $220 per tonne. This shows an increase of 19% from the previous quarter flaunting higher overseas premium and tight supply, six sources involved directly in pricing talks said. The numbers are higher than the $185 per tonne paid for the July-September quarter, reflecting fifth consecutive quarterly increase, the highest since the 2015 April-June quarter. However, the amount recorded was below the initial offers of $230-$250 made by the producers. Japan, one of the biggest importers of light metal in Asia as well as the premiums PREM-ALLUM-JP for primary metal shipments has agreed to pay every quarter higher than the benchmark set by London Metal Exchange (LME) for the region. The sources revealed...
The global mining and metal giant Rio Tinto anticipates restarting full operations for production at its Kitimat aluminium smelter and the Kemano hydropower facility, in British Columbia, Canada's westernmost province following the attainment of a new labour agreement with workers. Anglo-Australian multinational miner in September 2021 declared that it has drawn up an in-principle agreement on a new collective labour agreement for BC Works with labour union Unifor Local 2310. The members of the largest private-sector union in Canada have now voted in favour of the agreement. Furthermore, in the collective labour agreement, the parties have also given consent on a memorandum of understanding for a new way of working together and on a comeback to work protocol. The agreements outline a...
The developer of the world-class Minim Martap bauxite project in Cameroon, Canyon Resources Limited announced that its ongoing work to finalise the Company’s Bankable Feasibility Study (BFS) for the 1 billion tonne resource has received confirmation from Camrail that all the bridges on the rail line are capable to accommodate the 5 Mt annual bauxite tonnage target. The mining company has received a report from Camrail confirming that all major bridges are suitable for the planned use and will not require additional upgrades for the Project to achieve the required tonnages. Upgrades currently underway on the rail track include increasing the final areas of the track to a 54kg rail line. As a result, Canyon will not need to assign capital to upgrade the existing rail infrastructure for the...
The official association of primary aluminium producers, American Primary Aluminum Association (APAA) which is dedicated towards protecting the long-term interest of the U.S. primary aluminium industry and its workers came in support of the continuation of the Section 232 aluminium program. In order to preserve the importance of the Section 232 program, the domestic primary aluminium industry was seen supporting the tariff-rare quota (TRQ) for the European Union in contrary to the claims made by the associations representing foreign producers. It is because of these common-sense tariffs that the American primary aluminium industry got saved. It is also helping to rebuild the domestic industry, which is important for the U.S. national and economic security. Before the onset of the Section...
Slovakia ranks as the fastest-growing developed economy in the world. The country has a mixed economic system in which there is a variety of private freedom, integrated with centralized economic planning and government regulation and it is a member of the European Union (EU). Slovalco is the only primary aluminium producer in Slovakia. The majority of which is owned by global aluminium giant Norsk Hydro, producing 160,000 tonnes of aluminium annually in 226 furnaces, consuming 8% of Slovakia’s total power consumption. The landlocked nation in Central Europe, Slovakia imported 822,204 tonnes of alumina during 2018-20 and the amount expended accounted for $292.95 million on the raw material for the production of aluminium and used for other applications. In 2018, Slovakia’s import of...
LME aluminium cash (bid) price increased by US$6 or by 0.20 percent to settle at US$2,894 per tonne. LME aluminium official settlement price surged by US$5.5 or by 0.19 percent to close at US$2,894.50 per tonne. 3-month bid price and 3-month offer price settled at US$2,911 per tonne and US$2,912 per tonne. December 22 bid price was found out to be US$2,788 per tonne and the offer price for the same stood at US$2,793 per tonne. LME aluminium opening stock for October 5 was recorded at 1211975 tonnes. Live warrants for the same closed at 644550 and cancelled warrant settled at 567425. LME aluminium 3-month Asian Reference Price for Tuesday, October 5 was recorded at 2907. SHFE Aluminium Price Trend The Shanghai Metal Market will be closed from October 1 to October 7 for the National Day...
On 5th September 2021, Sanjeev Gupta chaired GFG Alliance confirmed that it will initiate legal action against any attempts by the US private equity fund, AIP, to seize the power of the Dunkirk aluminium smelter which is part of GFG’s ALVANCE aluminium business. AIP bought out a chunk of the ALVANCE debts from its previous lenders earlier in 2021. The initial discussions also took place between GFG and AIP regarding a potential future sale of these assets but these discussions were briskly concluded by GFG due to précised concerns over the negotiations, and the gross under-market valuation AIP put on the business. GFG announced a fully commercial arrangement between ALVANCE and a leading international metal market business, at the concurrent of concluding negotiations with AIP in July...
On Tuesday, October 5, Coal India Limited (CIL), an Indian government-owned coal mining and refining corporation, said that its pre-feasibility report for an integrated Greenfield aluminium project in Odisha received an approval from the board. So, the company will now start conducting a pre-feasibility study for the project, as part of the ambitious diversification project from public enterprise to other sectors. The Maharatna firm said in a filing to the BSE that the Greenfield aluminium project would include bauxite mining, alumina refinery, aluminium smelter and associated captive power plant by its wholly-owned subsidiary Mahanadi Coalfields Ltd (MCL). In February, Coal India spoke about starting 26 projects in new business areas by investing INR 1.43 lakh crore. The new business...
On Monday, October 4, Hydro announced its decision to invest NOK60 million in a new casting furnace for the aluminium foundry alloy production at its largest and most modern primary aluminium plant in Sunndal. The company expects this investment to increase the production capacity of special alloys by 35,000 tonnes a year and improve the flexibility to switch between products, making the plant more robust in a cyclical market. The project will start immediately and is likely to be completed by Q1 2023. Plant Manager at Sunndal, Roar Ørsund, said: “We are pleased with this decision, which strengthens Hydro Sunndal's flexibility in the market and promotes greater consumption of low-carbon aluminum. A customer example we are pleased with is that aluminum from Sunndal will be used in Google's...
RUSAL and PJSC TransContainer (part of the DELO group) have joined the bandwagon to lower greenhouse gas emission and save the environment from its negative impact. Both of them have signed an agreement of intent on strategic cooperation to reduce the carbon content in the field of logistics. RUSAL’s General Director Evgenii Nikitin and President of PJSC TransContainer Alexander Isurin were a part of the ceremony. RUSAL is second largest producer of aluminium in the world as well as the leading producer of low carbon aluminium. PJSC TransContainer is a Russian operator of intermodal container and is known for managing the largest fleet of containers and flatcars in Russia. In order to lower the greenhouse gas emission, both the companies have joined hands to develop and implement new...
Alcoa Corporation has announced its net-zero emissions plans, which it aims to achieve by 2050. The main intention is to increase the use of renewable energy at operations and bring new innovations to the market. The company said that it would cut 75 per cent of both direct and indirect emissions known as Scope 1 and Scope 2 from aluminium smelting and alumina refining. To reduce emissions in refining and smelting processes, Alcoa will be using its own technologies like the Elysis zero-carbon smelting process and mechanical vapour recompression (MVR). Elysis joint venture was formed with Rio Tinto to develop a breakthrough technology known as inert anode, which emits pure oxygen and eliminates greenhouse gas (GHG) emissions associated with the traditional process to make molten aluminium....
The Indian state-run integrated aluminium company Nalco has attained the highest ever half-yearly production of cast metal in the 2021-22 financial year. On 5th September 2021, Pralhad Joshi, the Union Coal and Mines Minister congratulated the company on the achievement by saying: “NALCO has yet again reached another milestone in its glorious journey of Business Excellence. The Navratna CPSE has achieved the highest ever half-yearly Production of Cast Metal since inception in H1 FY22.” “Nalco produced 22,6,028 tonne of cast metal in 2021-22 financial year so far compared to 204,143 of the previous fiscal.” The company produced 17.61 lakh tonne bauxite, 5.21 lakh tonne alumina and 1.14 lakh tonne aluminium respectively during the June quarter, compared to 17.10 lakh tonne, 4.65 lakh tonne...
