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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The US imports of crude metal and alloys rose 25.2% year-on-year to 308,000 tonnes in March 2021. The US had imported 246,000 tonnes in March 2020, according to the latest Mineral Industry Survey report from the US Geological Survey. Crude metal and alloys imports increased by 26.75% from February 2021’s imports of 243,000 tonnes. The US imported 801,000 tonnes of crude metal and alloys in the first quarter of 2021, as compared to 740,000 tonnes in the first quarter of 2020. This marked a decrease of 8.24% or 61,000 tonnes. On the export side, the US exported 19,500 tonnes of crude metal and alloys in March 2021, from 20,300 tonnes exported in March 2020. That was down 3.94% or 800 tonnes year-on-year. On a month-on-month basis, the exports hiked by 27.45% or 4,200 tonnes from 15,300...
According to a recent report, Russian oligarch Oleg Deripaska’s lawsuit against the United States over sanctions imposed on the billionaire has been dismissed by a US judge. The latter reasoned that Deripaska’s claims against Washington’s actions lacked merit. Oleg Deripaska’s global aluminium empire also included Aughinish Alumina. However, in 2018, the Russian billionaire gave up the control over his prized empire expecting the United States to lift restrictions. Washington has lifted sanctions on Mr Deripaska’s two main companies -Rusal and En+Group, but Mr Deripaska himself remains blacklisted by OFAC whose sanctions regime has grown. US District Court Judge Amit Mehta wrote on Sunday night that Mr Deripaska failed to make an eloquent case against the US Treasury Department and its...
Hindalco Industries Limited has continued to increase its aluminium products price. With effect from Saturday, 12 June 2021, aluminium billets price stands at INR 217,600 per tonne. This marks an increase of up 0.93% or INR 2,000 per tonne from INR 215,600 per tonne on June 10. The wire rods and aluminium ingots prices have risen by INR 2,000 per tonne each on Saturday, 12 June 2021. The prices stand at INR 221,600 per tonne and INR 210,500 per tonne, from INR 219,600 per tonne and INR 208,500 per tonne on June 10. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on stood at US$ 2504 per tonne on Monday, June 14, up US$ 14 per tonne from US$ 2490 per tonne on June 11. Aluminium...
Indian market leader in the four-wheeler automotive segment, Maruti Suzuki and the trading arm of Japanese auto giant Toyota Motors, Toyota Tsusho's vehicle dismantling and recycling joint venture which is labelled as Maruti Suzuki Toyotsu India Private Limited (MSTI), located in Noida, Uttar Pradesh, is gearing to propel from July 2021. The joint venture, MSTI is equally owned by both the companies in equal equity percentage. As per the information gathered, the centre at Noida is all set and some trials were on. However, in 2019, the joint venture was publicised, while the operations were to supposed commence during the last financial year. An official stated: “Because of Covid it is a bit behind schedule. The operations are expected to start from July and right now trials are on. To...
Vedanta Limited has further increased its aluminium ingot and aluminium products prices for the fifth time in a row, with effect from Tuesday, June 15. Vedanta’s aluminium ingot price has been raised by INR 1,750 per tonne or 0.80 per cent to INR 211,250-224,250 per tonne as of June 15. On Saturday, June 12, Vedanta’s aluminium ingot price was at INR 209,500-222,500 per tonne, climbing by INR 2,500 per tonne from June 10. With the latest hike, Vedanta’s aluminium wire rod price has come in at INR 218,750-226,250 per tonne, also up by INR 1,750 per tonne from INR 217,000-224,500 per tonne on June 12. Vedanta is selling its aluminium billet at INR 219,250 per tonne with effect from June 15 compared to INR 217,500 per tonne on June 12. Vedanta links its aluminium products and aluminium ingot...
Three-month LME aluminium rose 1.08% to settle at US$2,488.5 per tonne in the overnight trading yesterday, with open interest losing 4,958 lots to 710,000 lots. SMM expects the contract to trade between US$2,440-2,500 per tonne today. As of Monday June 14, LME aluminium cash (bid) price stands at US$ 2504 per tonne, LME official settlement price stands at US$ 2504 per tonne; 3-months bid price stands at US$ 2478 per tonne, 3-months offer price is US$ 2478 per tonne; Dec 22 bid price stands at US$ 2456.50 per tonne, and Dec 22 offer price stands at US$ 2456.50 per tonne. The LME aluminium opening stock stood at 1652850 tonnes. Live Warrants totalled 1099250 tonnes, and Cancelled Warrants were 553600 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2470.97per tonne....
According to the Shanghai Metals Market data, bauxite (6.5≤Al/Si＜7.5) price in Guizhou has climbed by RMB 10 per tonne to come in at RMB 370 per tonne on Tuesday, June 15. The average prices are expected to range between RMB 340-400 per tonne Bauxite (4.5≤Al/Si＜5.5) price in Henan has grown by RMB 20 per tonne to settle at RMB 360 per tonne, and bauxite (5.5≤Al/Si＜6.5) price in Guangxi has gained RMB 10 per tonne to RMB 230 per tonne. Their average prices are expected to range between RMB 340-380 per tonne and RMB 220-240 per tonne, respectively. Among other primary aluminium input costs, aluminium powder price has inched up by RMB 0.2 per kg to stand at RMB 22.55 per kg as of June 15. The average prices are likely to range between RMB 22.5-22.6 per kg. Amid the bullish input costs, A00...
The former Indonesian National Board for Disaster Management (BNPB) chief Doni Monardo, and who is also a retired Army Lieutenant General of the Indonesian National Armed Forces (Indoneisan National Military), has been appointed as President Commissioner of state-owned, PT Indonesia Asahan Aluminium (Inalum) specialized in aluminium smelting. Doni Morando is replacing Agus Tjahajana Wirakusumah, who has been named President Commissioner of state-owned Indonesia Battery Corporation (IBC). The retired Army Lieutenant General’s dynamic encouragement towards the environment was adduced as the rationale for his appointment. On 11th June 2021, Erick Thohir, Minister of State-Owned Enterprises (SOEs), said: “His concern for and his work in environmental restoration make him the appropriate...
Mechatherm, a leading provider of bespoke casthouse equipment to the Aluminium industry, announced that Terri-ann Bethell has been appointed by its board of Directors as Business Development Representative. Mark Allen, Sales Director at Mechatherm commented “building upon our already strong brand with a clear focus on growing our digital presence is key to our future growth strategy.” The new appointement will be the first of its kind for Mechatherm allowing it to strengthen Client relationships and build on their future within the aluminium industry. <iframe width="500" height="320" src="https://www.youtube.com/embed/y3Q4i-Z7ovk" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture"...
The United States aluminium plates, sheets and bars exports to Mexico stood at 26,500 tonnes in March 2021, reflecting a month-on-month increase of 4,700 tonnes or 21.56 per cent, found the Shanghai Metals Market data. In February, however, the US aluminium flat rolled products exports to Mexico stood 8.79 per cent lower at 21,800 tonnes than 23,900 tonnes in January. On a year-on-year calculation, the United States plates, sheets and bars exports to Mexico in March 2021 stood almost flat compared to 26,900 tonnes. In Q1 2021, the total aluminium plates, sheets and bars exports from the US to Mexico amounted to 72,200 tonnes, down by 4,900 tonnes or 6.36 per cent from 77,100 tonnes during the same period last year. The United States total aluminium exports to Mexico (including aluminium...
On 11th June 2021, the largest single producer of bauxite in the world, Compagnie des Bauxites de Guinée (CBG) declared the official launch of its new visual identity. The launch event was witnessed by the directors of the company, major players of the Guinean mining world, several diplomats, the Guinean media and also representatives of the Guinean State. It took place in a hotel complex in Conakry. It was emphasised by the projection of an institutional video, which explains “How the CBG does much more than bauxite, and how it is the most Guinean of the mining companies in Guinea”, as commented by Director General of CBZ, Mr Souleymane Traoré during the intervention of the representative of the Guinean government, and a discussion session with media professionals. Mr Traoré explained:...
The economy of Sri Lanka has been envisioned with a significant growth by the Asian Development Bank’s (ADB) flagship annual economic publication as the domestic and global economic activity strengthens and vaccination campaigns gather momentum domestically and abroad. The pearl-shaped island nation in South Asia recorded 375 tonnes of aluminium cans in 2018-19 and the foreign revenue expended for the import accounted for $1.70 million. The import for 2020 stood at 2440 tonnes and the expenditure remained at $2.90 million. However, when the import volume and expenditure of 2020 gets added with the existing two years, it denotes 2815 tonnes and $4.60 million respectively. Sri Lanka’s import of aluminium cans in 2018 was registered at 123 tonnes only, and the expenditure was $0.71 million,...
According to a report last week, China is preparing to release 800,000-900,000 tonnes of primary aluminium from its state reserves in early July to ease the incessant hike of the metal price. The news came after consultancy CRU said in a note to clients. Shanghai primary aluminium price is presently up by almost 20 per cent in 2021 amid a strong rebound in demand from the COVID-19 outbreak. It touched a decade high of RMB 20,435 per tonne on May 10. The amount of metal that China is considering to release is higher than 500,000 tonnes that once China planned to release some point this year. However, 900,000 tonnes is only one-quarter of China’s recent monthly production levels. “The stock releases could […] offset some of the shortages caused by imposed curtailments in Yunnan and Inner...
The Dengajaniguda village in Odisha under Dasamantpur block of Koraput district witnessed restlessness as local inhabitants obstructed the government revenue officials from pin-pointing land for Nalco’s red mud pond. It has been reported that since 11th June 2021, the villagers are geared up with arms, following the information floated to them that Nalco was planning to develop a second red mud pond in the area. As an industrial waste, red mud is generated during the processing of bauxite into alumina using the Bayer process and, while it comprises various oxide compounds, including iron oxides that deliver the red colour. Red mud highly toxic metals and its high alkaline nature make it terrifically corrosive and damaging to soil and life forms, presenting a massive problem for disposal....
Arconic Corporation, a leading provider of aluminum sheet, plate and extrusions, as well as innovative architectural products, has announced the release of its 2020 Sustainability and Environmental, Social and Governance (ESG) Report. The report was prepared in accordance with the Global Reporting Initiative Standards: Core Option and Sustainability Accounting Standards Board Standards, Metals and Mining Standard. The Company’s ESG report stated total recordable incident rate was 0.95 which was down by 23% compared to 2019. The report also highlighted that greenhouse gas emissions decreased by 13.8%, while energy consumption cut by 11.9%. Arconic received two more ASI certifications for operations located in Köfém, Hungary, and Bohai, China. “As you read through our 2020 Sustainability...
Cansan Aluminium, based in Bursa, will receive a new, 40-MN, 10-in. front-loading extrusion press from Danieli Breda. The new press will allow the company to extrude more hard alloys, allowing it to broaden its automotive profile offerings. The commissioning of the press is scheduled for 2022. Turkish company Cansan Aluminum manufactures extruded products for different industries, like automotive, furniture, industry and solar power. The new press has the latest technological innovations introduced by Danieli, which includes the patented energy-saving system “ESED 4.0,” which enables an average energy savings of 25-30% and fully- electric billet loader and die-change station, eliminating extra hydraulic systems. The new press features press control system implementing isothermal...
The New Zealand Government countered choking up more than $10 million to dispose of 10,000 tonnes of perilous waste from the banks of the Mataura River in Southland. However, the Rio Tinto owned Tiwai Point Aluminium Smelter Company said it will never demand money. The freshly released documents exhibit that NZAS would only concur to store the Mataura river banks waste back at Tiwai Point if, only the New Zealand Government deliver a guarantee, or indemnity, to cover unforeseen costs, for example having to store it for longer than expected if it could not be exported easily. In January 2021, Grant Robertson, Finance Minister said: "New Zealand Aluminium Smelters have advised that they are unwilling to agree to provide the storage services without an indemnity.” "The total maximum value of...
LME aluminium benchmark price grew 0.81 per cent on Friday, June 11. On the previous day, the price stood at US$ 2,470 per tonne, gaining 0.45 per cent from the previous day. On Friday, June 11, LME aluminium cash (bid) price and LME official settlement price increased for the sixth day in a row by US$ 20 per tonne to settle at US$ 2,490 per tonne. 3-months bid price and 3-months offer price grew by US$ 30 per tonne to come in at US$ 2,477.50 per tonne. Dec 22 bid price and Dec 22 offer price stood at US$ 2,445.50 per tonne, up by US$ 22.50 per tonne from US$ 2,423 per tonne on June 10. LME aluminium opening stock decreased from 1640500 tonnes on June 10 to 1663150 tonnes on June 11. Live Warrants totalled 1096175 tonnes, while Cancelled Warrants stood at 566975 tonnes. LME aluminium...
