Emirates Global Aluminium (EGA) has been named a strategic partner of Dubai Future Week 2026, highlighting the aluminium producer's focus on industrial innovation, artificial intelligence and advanced manufacturing as the UAE looks to strengthen its future industrial capabilities. Organised by the Dubai Future Foundation (DFF), Dubai Future Week will take place from November 18 to 21, 2026, at Emirates Towers and the Museum of the Future under the theme 'For the Human of the Future'. The event is expected to attract more than 10,000 participants, including business leaders, policymakers, investors, entrepreneurs, innovators and technology experts from around the world. EGA's participation will bring attention to its ongoing industrial transformation, which includes developing proprietary...
The proposed acquisition of South32’s aluminium assets by Alcoa is bringing employment terms at Western Australia’s Worsley Alumina operation into focus. As the transaction moves towards completion, union members at the South West facility plan to hold a strike, seeking clarity on wages, incentive payments and working conditions. Members of the Electrical Trades Union (ETU) and the Australian Manufacturing Workers’ Union (AMWU) are preparing for a 12-hour stoppage on Tuesday, coinciding with a scheduled shutdown. Bonus guarantees emerge as key sticking point AMWU state secretary Steve McCartney mentioned that around 200 union members employed by South32 at Worsley wanted their remuneration secured before the proposed merger. While South32’s proposed wage increases were considered...
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SMM aluminium ingot continued to decline to RMB 18550 per tonne on Friday, 18 June 2021, from RMB 18650 per tonne on June 17. That was down RMB 100 per tonne. The price is expected to move within a range of RMB 18530-18570 per tonne today. In Foshan and Wuxi, the price declined by RMB 130 per tonne and RMB 90 per tonne to stand at RMB 18850 per tonne and RMB 18555 per tonne on Friday, 18 June 2021. Aluminium prices in Hangzhou and Chongqing stood at RMB 18565 per tonne and 186100 per tonne, down RMB 105 per tonne and RMB 75 per tonne. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi decreased to stand at RMB 18540 per tonne, RMB 18540 per tonne, RMB 18570 per tonne, and RMB 18530 per tonne on Friday, 18 June 2021. The aluminium alloy (ADC12) price reduced by RMB 100 per...
Three-month LME aluminium decreased 4.41 per cent to end at US$ 2,352 per tonne on Thursday night, with open interest losing 1,771 lots to 697,000 lots, and is expected to trade between US$ 2,320-2,420 per tonne today. LME aluminium cash (bid) price and LME official settlement price decreased for the third consecutive day, albeit slower than the previous day, by US$ 27 per tonne or 1.10 per cent to close at US$ 2,427.50 per tonne on Thursday, June 17. 3-months bid price and 3-months offer price stood at US$ 2,407 per tonne, down by US$ 54.50 per tonne from US$ 2,452.50 per tonne. Dec 22 bid price and Dec 22 offer price declined from US$ 2,436.50 per tonne on June 16 to US$ 2,395 per tonne on June 17. The LME aluminium opening stock rose from 1627225 tonnes to 1628800 tonnes. Live Warrants...
The leading integrated metal producing company based in India ‘Shyam Metalics’ with a focus on long steel products and ferroalloys is looking to diversify in the aluminium foil business. The company is the largest producers of ferroalloys in terms of installed capacity in India, as of February 2021 The proposed cold rolling mill for manufacturing aluminium foils will have a capacity of around 40,000 tonnes per annum and is expected to be accomplished by the end of FY-22. According to Brij Bhushan Agarwal, Vice-Chairman and Managing Director: “The aluminium foil business would offer good margins thereby contributing to the profitability of the group. The company is hopeful of the growing exports demand backed by steady order from international markets.
Crown Holdings has released an interim sustainability report titled "Enduring Values, Continuous Progress”. The report indicates the completion of its first sustainability goals and plan for future performance based on five pillars of action with the launch of its Twentyby30 program. The Twentyby30 program is an initiative that addresses topics of urgent global concern and reflects the priorities of its internal and external stakeholders. "We have always been committed to excellence in environmental sustainability, investing in employees, supporting our communities and ensuring effective governance," said Dr. John M. Rost, Vice President, Global Sustainability and Regulatory Affairs at Crown. "This report celebrates the incredible strides we have made on our sustainability journey thus...
In early June 2021, TRIMET at its Voerde aluminium site engaged the freshly installed casting plant for the production of aluminium sows. The Voerde aluminium smelter with an attached anode factory is now capable to produce ingot metal itself. As yet, the site supplied its 99.9% pure electrolytic aluminium exclusively in liquid form to customers and the foundry at TRIMET's Essen site. Dr Andreas Lützerath, a member of the management board of TRIMET Aluminium SE, said: "The casting plant allows greater flexibility, enabling us to meet changing market requirements and customer demands even better. The high metal purity of the cast aluminium also meets the increasing demand from the processing industry." The new plant can cast 20 aluminium sows of 780 kilograms each in an hourly cycle and it...
According to the Shanghai Metals Market, aluminium billet inventories in China have built-up 12,400 tonnes or 14 per cent from a week ago to come in at 100,700 tonnes as of Thursday, June 17. With aluminium prices still fluctuating at a high level, there has been a seasonal weakening of consumption, resulting in poor enthusiasm of receiving goods among the downstream aluminium sector. Last week on June 10, aluminium billet inventories dipped by 1,100 tonnes week-on-week to stand at 88,400 tonnes. The chart below indicates the current status of aluminium billet inventories across China in more details: In Foshan, aluminium billet inventories have increased the highest this week by 7,100 tonnes to come in at 47,800 tonnes, followed by the growth of 4,200 tonnes in Nanchang to 23,000 tonnes...
Ukraine imported 2.185 million tonnes of aluminium ores and concentrate (bauxite) in the first five months of 2021. That marked an increase of 12.3% compared to the same period last year, according to statistics released by the State Customs Service. Bauxite imports in monetary terms rose to $99.393 million January-May, a hike of 16.8%. Guinea, Brazil and Ghana were the leading exporters of bauxite in the first five months of 2021. Guinea exported 60.15% of total supplies in monetary terms, followed by Brazil 22.26% and Ghana 16.31%. Ukraine re-exported 94 tonnes of bauxite to Poland for $19,000 in January-May 2021. Ukraine re-exported to Poland (84.21%) and Germany (15.79%).
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, dropped this week. The stocks declined by 29,000 tonnes from the week before to 890,000 tonnes as of Thursday, 17 June 2021. The chart below shows the status of the primary aluminium inventories across China in more details: Primary aluminium stocks in Wuxi and Nanhai reduced by 17,000 tonnes and 1,000 tonnes from last Thursday to stand at 347,000 tonnes and 231,000 tonnes on Thursday, 17 June 2021. Shanghai, Hangzhou and Tianjin stocks remained unchanged at 89,000 tonnes, 92,000 tonnes and 61,000 tonnes. Inventories of primary aluminium in Gongyi, Chongqing and Linyi stood at 54,000 tonnes, 3,000 tonnes and 13,000 tonnes on Thursday, 17 June...
Rio Tinto has announced the appointment of Peter Cunningham as Chief Financial Officer with immediate effect. Peter will be a part of the company’s Board as an executive director. Peter Cunningham has been Interim Chief Financial Officer since 1 January 2021, Rio Tinto said. Rio Tinto chief executive Jakob Stausholm said, “I am delighted to confirm Peter in the role and, having worked closely with him for a number of years, I know he is the ideal person to be our Chief Financial Officer. His detailed knowledge of the company and of the financial and non-financial drivers of our industry will be invaluable as we continue to strengthen Rio Tinto.” Rio Tinto chairman Simon Thompson said, "I look forward to Peter joining the Rio Tinto Board and know from experience that his deep understanding...
The world’s third-largest economy, Japan revealed shrink in the economy more than expected in Q1 due to low paced vaccine rollout and new COVID-19 infections stroke hard on spending on items such as dining out and clothes, raising bars the country will straggle behind others emerging from the pandemic. Capital expenditure also dropped unexpectedly and export growth slowed sharply, a sign the country is struggling for drivers to pull it out of the distress. The nation with extraordinary prosperity, Japan has achieved in the conditions of an almost total absence of minerals has recorded export of 5119 tonnes of aluminium stranded wire during 2018-19 and the revenue earnings accounted was $3.13 million. The export for 2020 stood at 9191 tonnes and the earnings remained at $4.24 million....
A prefeasibility study (PFS) for high purity alumina (HPA) project in the Kwinana industrial area, West Australia, has found that ASX-listed King River Resources can be a significant producer of high-value purity alumina. The HPA project will use King River’s ARC process to produce the high purity alumina from an industrial chemical feedstock. According to PFS estimation, the project will require a capital investment of A$203.4 million to support a production rate of 9000 tonnes per year of 4N purity. In the next 25 years, the project is estimated to have annual earnings before interest, tax, depreciation and amortization of A$ 193-million, an annual pre-tax free cash flow of A$190 million, and projected revenues of A$7.02 billion. The HPA project’s net present value before tax is...
Three-month LME aluminium closed 0.98% higher at US$2,474 per tonne in the overnight trading, with open interest decreasing 19,280 lots to 699,000 lots. SMM expects the contract to trade between US$2,450-2,500 per tonne. As of Wednesday June 16, LME aluminium cash (bid) price stands at US$ 2454.50 per tonne, LME official settlement price stands at US$ 2454.50 per tonne; 3-months bid price stands at US$ 2452.50 per tonne, 3-months offer price is US$ 2452.50 per tonne; Dec 22 bid price stands at US$ 2436.50 per tonne, and Dec 22 offer price stands at US$ 2436.50 per tonne. The LME aluminium opening stock stood at 1627225 tonnes. Live Warrants totalled 1072200 tonnes, and Cancelled Warrants were 555025 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2436.29 per tonne....
Russian ambassador Anatoly Viktorov recently visited the Klil factory in Karmiel, along with his wife and the mayor of Karmiel Moshe Koninsky. During the visit, Viktorov revealed that he was a window installer in his youth and that he was extremely impressed by Klil’s advanced technology of manufacturing aluminium windows. Klil is Israel’s leading company for the development, manufacturing, and marketing of advanced aluminum doors and windows for private homes, boutique buildings, and tall buildings. Founded in 1950, kill employs nearly 320 employees at the company’s factory in Karmiel, as well as in other locations. Tzuri Daboosh, chairman of Klil, noted: “It is an honor to host the Russian ambassador at the plant, and the visit may open new collaborations in the field of aluminum.”...
The developer of the world-class Minim Martap bauxite project in Cameroon, Canyon Resources Limited has appointed André Henry as Director of Port and Rail, for Camalco SA. Camalco SA is the 100% owned Cameroonian entity that holds the authorizations for Canyon Resources Minim Martap Bauxite Project in Cameroon, counted as one of the highest-grade bauxite deposits globally. André has been consulting to Canyon for the last 6 months. André Henry, as Director of Port and Rail, joins Camalco Director-General Rick Smith in Cameroon, and, upon an invitation from Camrail, is based in the Camrail office near the port of Douala. Lately, André and Rick both held senior management positions in the construction of the $1.4 billion GAC bauxite project in Guinea. In conjunction with Camalco’s technical...
A00 aluminium ingot price in China has decreased by RMB 190 per tonne as the news released that country would release primary aluminium from state reserves to ease the metal price rally. According to the Shanghai Metals Market, China’s primary aluminium ingot price has come in at RMB 18,650 per tonne as of Thursday, June 17, from RMB 18,840 per tonne on June 16. The average prices are expected to range between RMB 18,630 per tonne and RMB 18,670 per tonne, with spot contract to be traded at a premium price of RMB 0-40 per tonne. China is preparing to release 800,000 to 900,000 tonnes of primary aluminium from state reserves in early July as Shanghai primary aluminium price rose 20 per cent this year amid a strong rebound in demand from the COVID-19 outbreak. On June 17, primary aluminium...
The trade disputes between the EU and US concerning tariffs on aluminium and steel will be resolved by the end of 2021 as agreed by both parties. The deal of Boeing and Airbus tariff to suspend for five years had been reached ahead to the meeting in Brussels, while an agreement on tariffs on exports of aluminium and steel remain too far this time around. Ursula von der Leyen, President of European Commission said following the summit: “A steel tariffs ‘working group’ will be established to make good progress in moving forward within months.” The trade differences pre-exist to the administration of former US President Donald Trump who, in March 2018, decided to impose extra tariffs on EU exports of aluminium and steel entering the US market. The duties were set at 25% on steel and 10% on...
Vedanta Limited’s Lanjigarh has started ‘Sashakti Suvidha Kendra’ to help local women sustain their livelihood due to the various challenges posed by the covid pandemic. G.G Pal, Dy. CEO – Alumina Business, inaugurated the initiative along with Javed Khan, Block Program Coordinator, Lanjigarh to enable women through financial empowerment especially when the entire nation faces the challenge of COVID-19. It aims to cover over 3000 SHG members across 44 villages in the catchment of Vedanta Lanjigarh. The initiative plans to facilitatethe marketing and sales of various products made by the women’s self-help groups (SHGs)like turmeric, ragi, various spices, dry snacks, puffed rice, pulses, rice, paper plates, phenyl, soft brooms, etc. G.G. Pal, Deputy CEO – Alumina Business, said, “Vedanta...
In the central part of Austria lies Leoben City, where research experts with a new heat treatment develop an aluminium alloy strong and easily malleable concurrently. This unique light material can therefore be utilized regularly in the automotive industry. The three vital requirements that auto manufacturers place on the body shell are lightweight, very strong and easily malleable at the same time. The metal aluminium is around three times lighter than conventional steel, but the increase in strength is unfortunately usually associated with a decrease in formability. Researchers in Leoben have found a way to make aluminium alloys more easily deformable while maintaining high strength. The battle is for every gram, as for car manufacturers, the specifications for reducing CO2 emissions...
