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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Rescom’s has purchased a cape bauxite shipment from Guinea for Anrak Aluminium’s alumina refinery and is expected to reach India in October 2021, as reported by a higher official. Rescom Mineral Trading Fze, a mineral, mining, processing and trading company headquartered in Dubai, UAE and is a wholly-owned subsidiary of Rescom (Switzerland) AG has entered into a strategic partnership with Anrak Aluminium Ltd, India. Anrak alumina refinery with a production capacity of 1.5 million tonnes of alumina is located in Visakhapatnam, east coast of India. A transnational business group Rescom, with four decades of experience in the minerals value chain across trading, processing of industrial, fuel minerals and other major commodities started its UAE operations in 1985. The Company is one of the...
The West African nation Ghana, spanning the Gulf of Guinea and the Atlantic Ocean to the south has selected a wholly-owned Ghanaian company, Rocksure International as a strategic partner to develop a bauxite mine and alumina refinery in a bid to develop an industry out of its untapped aluminium ore reserves. The country’s capital Accra-based company, Rocksure International will hold a 70% stake in the project and the state-owned Ghana Integrated Aluminium Development Corp (GIADEC) will have the remaining 30% stake. On 16th September 2021, the state-owned Ghana Integrated Aluminum Development Corp (GIADEC) announced that it had signed a $ 1.2 billion deal with local mining services company Rocksure International. Under the terms of the partnership, Rocksure will build an estimated $200...
The corona crisis has sceptically strained the packaging industry including aluminium in Uttar Pradesh’s Gautam Budh Nagar district. In accordance with the entrepreneurs of the industry, the prices of essential raw materials like aluminium foil have escalated by 70% during the pandemic and freight charges of overseas nations has also increased five times high. Kulmani Gupta, the President of the Noida chapter of Indian Industries Association (IIA), said: “At present, there are over 800 packaging units operational in Gautam Budh Nagar, providing jobs to over 20,000 people.” “Packaging is an integral part of many industries, including readymade garments, automotive, home appliances, electrical components, printing, grocery and handicrafts. Most raw materials, such as aluminium foil are used...
Australia’s largest aluminium smelter Tomago Aluminium was due for a stable and trustworthy infrastructure with high visibility into IT performance to support their 24*7 availability for their systems. The aluminium company is independently managed, while it is a joint venture owned by Rio Tinto Alcan 51.55%, Gove Aluminium Finance Ltd 36.05% (owned 70% by CSR Limited and 30% by AMP Limited) Hydro Aluminium 12.40%. Tomago Aluminium with upgraded control and awareness has made its development more effective, consolidated server footprints, enhanced system and data security by migrating its Systems Applications and Products in Data Processing (SAP) HANA environment to Red Hat Enterprise Linux SAP Solutions with IBM hardware. To achieve their goal, they counted on Red Hat Partners Advent One...
National Aluminium Company Limited (NALCO) has decreased its aluminium ingot and aluminium products prices as the LME aluminium benchmark price signs off from the 13-year high. With effect from Friday, September 17, NALCO’s aluminium ingot price has come in at INR 242,850-246,350 per tonne, down by INR 3,000 per tonne or 1.2 per cent from INR 245,850-249,350 per tonne on September 11. NALCO’s aluminium wire rod price has also seen a cut of INR 3,000 per tonne on September 17 from INR 248,350-252,700 per tonne to INR 245,350- 249,700 per tonne. The company’s aluminium billets price is standing at INR 246,300-248,950 per tonne, compared to INR 249,300-251,950 per tonne on September 11. <iframe width="500" height="390" src="https://www.youtube.com/embed/ERMX4kCuYVY" title="YouTube video...
National Aluminium Company Limited’s (NALCO) Panchpatmali bauxite mine has reportedly bagged the prestigious Pollution Control Excellence Award 2021 for effective and efficient pollution control measures and commendable environmental management practices. The award, conducted by the State Pollution Control Board, Odisha, was handed over to NALCO by Forest and Environment Minister Bikram Keshari Arukha. Applauding the mining team, NALCO chairman and director Sridhar Patra reaffirmed the company’s commitment towards environment management. He said, ‘’NALCO has always striven for achieving the highest standards in effective environment management. This Award is a testimony to the dedication of NALCO employees who have been passionately working towards following the best Sustainable Mining...
The Shanghai Metals Market (SMM) survey revealed that in 2021, Guizhou Provincial Energy issued a notice on the orderly power utilisation plan in Guizhou Province. The main motive behind the plan was to respond to the power supply issue in the local regions and also to ensure a safe and stable operation of the Guizhou power grid. The implementation comes with three parts: prevention and pre-control, graded early warning, and graded response. The plan includes 4 alumina plants in Guizhou Province (installed annual production capacity of 4.4 million per tonnes, excluding Guizhou Qizheng) and also 5 aluminium plants (installed compliance annual production capacity of 1.34 million per tonne and the current functioning annual production capacity of 1.3 million per tonne). The news about the...
Yunnan Aluminium Co., Ltd. has reduced its 2021 production target by more than 500,000 tonnes or almost 18 per cent after the local government enforced production curb for the rest of the year. The news came after the company, which uses Yunnan’s hydropower sources for the energy-intensive smelting process, said in a filing on Thursday, September 16, that its primary aluminium output was expected to fall to 2.36 million tonnes this year. It is down slightly from 2.41 million tonnes in 2020 but way below the initial target of the year 2.87 million tonnes announced in March. Aluminium smelters using hydropower in Yunnan province have been asked to keep their average monthly output in September-December at August levels or lower. Following the same policy, other Chinese regions have also...
Aluminium foil provides a complete blockade to light, moisture and aroma. Hence it extends the shelf life of foodstuffs, care products or medicines. In the present day, it is available in every conceivable market, comprising sterile beverage cartons, sachets, pouches, lids, wrappers, blister and strip packs and foil containers. The Japanese economy returned to moderate growth in Q2 2021, 0.3%, Q-o-Q following a -0.9% contraction in Q1. The key indicators like the goods and services exports, consumer and business spending and business confidence were all up in Q2, however, the recovery was hindered by ongoing restrictions on economic activity due to the COVID related state of emergency in major cities across Japan. The nation with a large and highly advanced manufacturing sector, Japan...
Three-month LME aluminium opened at $2,890 per tonne on Thursday morning and ranged between 2,850-2,910 per tonne before closing at $2,890.5 per tonne, an increase of $0.5 per tonne or 0.02%. Trading volume was 16,000 lots, and open interest decreased by 3,968 lots to 646,000 lots. On Thursday September 16, LME aluminium cash (bid) price inched up by US$1.5 or by 0.05 percent to come in at US$2,868.50 per tonne. The LME official settlement price also increased slightly by US$1 or by 0.03 percent to come in at US$2869 per tonne. 3-month bid price and 3 month offer price stood at US$2,892.50 per tonne and US$2,893 per tonne. December 22 bid price closed at US$2,752 per tonne and the offer price for the same day was recorded at US$2,757. LME aluminium opening stock for September 16 settled...
After month-long negotiations, a Japanese buyer has reportedly nodded to pay a premium of $220 per tonne for aluminium shipments for the December quarter of 2021, an increase of 19 per cent from the current quarter in tandem with the higher overseas premium, said two sources directly involved in the pricing talks. For July-September shipments, Japanese aluminium buyers are paying $185. The increase in premium for the next quarter marks the fifth consecutive quarterly rise and the highest since the April-June quarter in 2015. But it is lower than the initial offers of $230-$250 made by overseas producers. Japan is Asia’s biggest aluminium importer. So, the premiums it agrees to pay for aluminium shipments in each quarter over the London Metal Exchange cash price set the benchmark for the...
The army unit head of Guinea who lead the coup, solicited the mining companies to support the development of the nation’s economy, even though he assured the industry that production would be allowed to pursue unhampered following the political turmoil on 5th September. Colonel Mamady Doumbouya, the chief of the elite army that dethroned President Alpha Conde, said: “The country has undisputed mining potential, but the populations remain in poverty.” On 16th September during the meeting with mining houses, he said: “We must work together to turn this curse into an opportunity to improve people’s living conditions.” The West African nation Guinea is the world’s second-largest producer and top exporter of bauxite. The aluminium ore accounts for most of the West African nation’s mining...
Disruptions in primary aluminium raw materials supply due to the ongoing political unrest in Guinea, the largest supplier to the world’s leading aluminium producer China, has driven the latter’s imported alumina price to a 3-year high. According to the Shanghai Metals Market, the Australian alumina FOB price has jumped by US$111 per tonne to come in at US$492 per tonne on September 17, the highest since late October 2018. Other factors that have also contributed to the distress of global alumina supply, resulting in the surge in China’s imported alumina price is one-third production slash at Alcoa’s Alumar alumina refinery, which has affected 1.2 million tonnes of 3.5 million tonnes annual capacity. In addition, Jamalco alumina refinery in Jamaica, which has an annual capacity of 1...
On 16th September 2021, the Chief Minister of Odisha Naveen Patnaik virtually inaugurated Utkal Alumina refinery’s expansion of production capacity from 1.5 MTPA to 2 MTPA at Doraguda, Kashipur in Rayagada district. Aditya Birla Group, the parent company of Utkal Alumina has injected around INR 1,500 crore for the expansion of the refinery. The company foremost invested around INR 8,500 crore to set up the existing refinery in 1993. The alumina refinery is receiving bauxite from its captive mine Baphlimali. Naveen said: “We are very happy that investors in Odisha are expanding their existing projects even after the impact of Covid-19.” “This shows that our economy is bouncing back from the impacts of the pandemic and we are back on the path of sustained growth and development,” the Chief...
On 16th September 2021, Alcomet, the leading manufacturer of aluminium rolled and extruded products in Bulgaria stated that it put into operation a new facility for processing of aluminium profiles following an investment of € 6.9 million. Alcomet in a bourse filing stated that the new equipment will capacitate the company to manufacture aluminium components for electric cars. The newly implemented facility layout on 4,100 sq. metres and engages 30 people. The aluminium company expects to recruit more employees there in the future. The company said: “Presently, we are engaged in the prototype and pre-series production of the respective components under already agreed projects. However, serial production will start in 2022.” “Such products can be used not only in the automotive industry...
The Australian Aluminium Council, which represents Australia’s bauxite mining, alumina refining, aluminium smelting and downstream processing industries declared the joining of the world’s most sustainable high purity aluminium producer Alpha HPA Limited as a new member, diversifying the Council’s representation to incorporate high purity alumina (HPA) for the first time. Marghanita Johnson, Executive Director of the Council, said: “We welcome Alpha HPA to the Council. We are excited at the prospect of representing a new product which is set to be made in Australia and distributed to the world as part of the ever-growing range of products we will need to meet technology challenges – today and into the future”. Australia has been producing Aluminium oxide (Al2O3), commonly known as alumina...
The Environment Agency in July released data, according to which 42,857 tonnes of aluminium packaging was collected for the Q2 2021 recycling, a 5% increase to what was collected in 2020 (40,903 tonnes). Around 84,704 tonnes of aluminium packaging have been collected in 2021, an increase of 1,650 tonnes compared to the period of January to June in 2020, including more than 59,000 tonnes from the kerbside, and also around c.23, 000 tonnes collected from the incinerator bottom ash ( up by 7%). With a target of 66% and carry-in of 8,326 tonnes, the sector is on the track to surpass its collection goal and achieve a never achieved recycling rate. And according to the Environment Agency data, around 67% of the final target has already been fulfilled. According to Tom Giddings, General Manager...
According to the Shanghai Metals Market, aluminium billet inventories in China have grown for the third week in a row, albeit lower than the previous weeks. SMM data shows the inventories have gained only 3,340 tonnes across five major consumption areas to stand at 148,840 tonnes on September 16. Last week, China’s aluminium billet inventories came in at 145,500 tonnes after increasing by 6,500 tonnes week-on-week. The chart below indicates the current status of aluminium billet inventories across China in more detail: The rise in aluminium billet inventories is contributed by Foshan and Wuxi this week. In Foshan, inventories have increased by 4,900 tonnes or 6.2 per cent to 83,900 tonnes and that in Wuxi have grown by 2,400 tonnes or 11.34 per cent to come in at 23,940 tonnes. In...
