Russia’s aluminium market could face a new competitive dynamic after Sual Partners signed a production-sharing agreement with state-controlled hydropower group RusHydro, potentially giving Sual access to up to 150,000 tonnes of aluminium from the Boguchany smelter in Siberia. The arrangement could challenge Rusal’s near 20-year dominance of Russia’s primary aluminium market, allowing Sual to target both domestic and overseas customers with the metal. The agreement, announced on October 15 during Russian Energy Week, provides for a production-sharing mechanism at the Boguchansky aluminium plant, which is co-owned by RusHydro. The arrangement could give Sual access to as much as a 50 per cent share of the smelter’s output, putting it in a position to compete directly with Rusal, its...
The Confederation of British Metalforming (CBM) has called for closer UK-EU relations, warning that proposed European industrial policies could affect British manufacturers supplying the aluminium, steel and automotive industries. Stephen Morley, CBM President and Chair of the Euroforge Automotive Sector, made the call at the organisation's autumn meeting in Munich. He said stronger cooperation between the UK and EU was important for protecting manufacturing jobs, investment and cross-border supply chains. He stated, “ We need to protect British industry, but we also need to recognise that the UK and European automotive sectors are deeply connected. What damages one part of the supply chain will inevitably affect the other. ” Join the fourth edition of webinar " Hedging for recyclers -...
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Kaiser Aluminum Corporation has seen insider selling, worth about USD 2.6 million at an average price of around USD 174. An independent director Brett Wilcox has sold his shares. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” The transaction is significant as it accounted for roughly 56 per cent of his total holding. It is also the largest insider sale in the company over the past year. The sale took place close to the current market price, which suggests a sharp price peak did not drive it, but it still signals caution for investors. Over the past year, there have been no recorded insider purchases in the company. The lack of buying, along with recent selling, may suggest...
Vedanta Aluminium has been asked to pay INR 233.11 crore (USD 24.5 million) for alleged unauthorised extraction of water from the Bheden River in Jharsuguda, Odisha. The amount includes outstanding dues along with penalties and interest, and the company has been given one month to clear the payment. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” According to reports citing records from the Burla irrigation division, the company allegedly extracted around 1,03,680 cubic metres of surface water daily between May 1, 2025, and April 29, 2026. No payments were recorded during this period, leading to a steady accumulation of dues. The total demand includes base water charges, a...
French cleantech company ROSI, specialised in high-value recycling of end-of-life photovoltaic panels, has secured funding of over EUR 20 million (USD 23 million) for upgrading and optimising the efficiency of its high-value photovoltaic module recycling facilities all over Europe. Established in 2017, the company recovers high-purity strategic raw materials, such as aluminium, copper, glass etc. from discarded photovoltaic modules, reinforcing its position as a key player in addressing the growing volume of solar waste. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain Commenting on the project, President and co-founder of ROSI, Dr Yun Luo, noted, "Our ambition is to build a European-scale industrial platform for...
Leading company in the Austrian aluminium industry, AMAG Austria Metall AG, posted its financial results for the January-March quarter (Q1) 2026, displaying a modest revenue increase but robust gains, driven by favourable pricing dynamics. The lowered raw material or alumina cost and a continued upward trend in aluminium prices, both in the London Metal Exchange (LME) and the US Midwest premiums , helped the company navigate through the trade disruptions caused by the Middle East conflict. AMAG CEO Dr Helmut Kaufmann noted, "The very good earnings in the first quarter of 2026 underline the stability of our business model and the high performance of our organisation. AMAG has thus once again proven itself to be a reliable company, even in a challenging and volatile environment." Explore-...
The global energy transition has reached a point where renewable policy and industrial metals are structurally interlocked. With one month into Q2 2026, solar installation subsidies and aluminium supply chains have formed a feedback loop that is actively redoing both markets. Aluminium, long described as ‘congealed electricity,’ sits at the centre of this convergence, with the solar PV sector accounting for around 87 per cent of incremental aluminium demand within renewables. What distinguishes the 2025-2026 phase is not growth, but correction. China’s solar PV subsidy withdrawal, the European Union’s conditional incentives, the US’ tightening domestic rules, and a sudden geopolitical-induced trade disruption in the Middle East have collectively dismantled the assumptions of the previous...
Given the ongoing Middle East conflict, it is creating a strain on the global aluminium supplies, a metal considered vital, especially for everything from fighter jets and soda cans to clean energy technologies like solar panels and electric vehicles. After Iran's attack on two aluminium smelters in the Gulf and the extended blockade of the Strait of Hormuz, production has further come into disarray and has pushed the prices further high, indicating a possible aluminium crisis globally. The US is now planning to develop a major new smelter, which will be designed in a way that will aid in shielding the country from any potential global disruptions in the future. However, the timeline of this project, whose investment is worth USD 4 billion, highly depends on securing a long-term power...
An increase of 21.6 per cent in the aluminium price this year has been observed by the World Bank, in comparison to the previous year. The observation comes after the industry is currently grappling with tight supply, low inventory and a strong demand coming from the emerging industries. The projected price has been exceeding the market level for nearly two months now. The World Bank's forecast of the aluminium price and the market benchmark The World Bank said in its Commodity Markets Outlook report released on April 28, that the aluminium prices are forecasted to be an average of USD 3,200 per tonne this year. This shows a year-on-year rise from USD 2,632 per tonne. Nonetheless, by 2027, the aluminium price is expected to go below and drop to USD 3 thousand per tonne. AlphaMena, a...
The final day of April witnessed a dip in the London Metal Exchange (LME) aluminium prices after remaining above USD 3,600 per tonne in the previous session. The close of the April 30 session recorded a decline in the aluminium prices, contracts, as well as stocks. To know the long-term upstream market forecast, book our comprehensive report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” The LME aluminium cash bid as well as offer price eased 2.18 per cent day-on-day on April 30 . While the bid went down from USD 3,603.5 per tonne to USD 3,525 per tonne, the offer shifted from USD 3,604 per tonne to USD 3,525.5. On April 30, the LME aluminium 3-month bid price shifted from USD 3,555 per tonne on April 29 to USD 3,480 per tonne, marking a...
Manaksia Aluminium Company Limited, in the third quarter (Q3) of the financial year of 2025-26, is witnessing a gradual shift in the market trend, as improving technical indicators are offsetting a mixed financial performance. While near-term financial figures seem to bring about a pause in market momentum, longer-term growth metrics and recent stock market momentum are shaping a more solidified outlook among investors. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain Flat financial performance, but long-term growth potential Manaksia Aluminium’s Q3 FY25-26 performance remained largely flat, indicating a temporary slowdown after a period of expansion. However, the broader trajectory remains encouraging, with...
TotalEnegries and Philippine renewable energy developer Nexnorth have started construction after reaching financial close for a large-scale solar project in Isabela Province. The project is planned to have a capacity of 440 MWp and is expected to start operations by the end of 2027. TotalEnergies holds a 65 per cent stake while Nextnorth holds the remaining 35 per cent. Also read: With renewable energy set to power 45% of global electricity, led by China, Europe, US, India, where do aluminium industries stand? The facility is expected to generate around 13.5 TWh of electricity for a period of 20 years, and this will contribute to the Philippines’ renewable energy targets of reducing dependency on fossil fuels. A significant portion of the output has already been tied to long-term supply...
India is planning to build a strategic reserve of critical minerals to meet six months of local demand. The step addresses rising fears of supply cuts and wild price swings. Ministries of mines and heavy industries plan to stockpile critical minerals. These include lithium, cobalt, nickel, copper, and rare earths, essential for electric vehicles, renewable energy storage, and electronics, areas where India relies on imports. For the global aluminium value-chain 2026 outlook, book our exclusive report “ Global ALuminium Industry Outlook 2026 " The reserve would stock minerals sourced from within India and imported ones. Discussions are ongoing with the industry players to figure out the best structure and management approach for it. It aims to cut risks from global supply shocks and keep...
Mineracao Rio do Norte (MRN), Brazil’s largest bauxite producer, has secured an installation licence for its Novas Minas project, paving the way to extend operations in Pará state until 2041. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” The Brazilian Institute of the Environment and Renewable Natural Resources (IBAMA) approved and allowed the joint venture, backed by Glencore, South32 and Rio Tinto, to begin construction at five new mining sites across three municipalities. The project has been in the licensing process since 2018. Also read: New rail line proposed linking Sijimali and Kutrumali bauxite hills in Odisha MRN plans to invest around USD 1.8 billion between 2027...
Albgaz and Bosnia-based Aluminij Industries have entered separate long-term agreements for US liquefied natural gas supply, with both deals involving Aktor LNG USA. Under the Albanian agreement, Albgaz is set to receive around 1 billion cubic metres of LNG annually beginning in 2030. The contract runs for 20 years, with estimated total revenues of roughly EUR 6 billion (USD 7 billion) over the duration of the deal. For the global aluminium value-chain 2026 outlook, book our exclusive report “Global ALuminium Industry Outlook 2026" Alongside the supply agreement, Aktor LNG USA also signed a memorandum with Albania’s Ministry of Infrastructure and Energy to study the development of a larger energy hub project. Plans under discussion include a gas-fired power plant with capacity of around...
Constellium started 2026 with stronger earnings and improved margins, posting what the company described as its best quarterly Segment Adjusted EBITDA performance to date. Revenue for the first quarter came in at USD 2.5 billion, up 24 per cent from the same period last year, while net income rose sharply to USD 196 million, compared with USD 38 million a year earlier. Shipments were slightly lower at 370,000 tonnes, down 1 per cent year-on-year. Adjusted EBITDA reached USD 359 million, although that figure included a positive non-cash metal price lag impact worth USD 97 million. Also read: Ardagh Metal Packaging Q1 revenue up 19% while EBITDA rise 15% Performance improved across the company’s operating divisions. The P&ARP segment delivered quarterly adjusted EBITDA of USD 151 million,...
JPMorgan Chase & Co has downgraded Kaiser Aluminum Corporation to Underweight from Neutral, citing valuation concerns despite strong recent performance. The brokerage raised its price target to USD 142 from USD 124, even as the stock trades significantly higher at around USD 172.52. Shares have surged 175 per cent over the past year and 93 per cent in the last six months, prompting concerns that much of the upside is already priced in. Also read: Fujian Minfa Aluminium reports $4.3M FY2025 loss as revenue declines and earnings reverse Analyst Bill Peterson noted that the stock is trading above historical levels and beyond the firm’s valuation benchmark, indicating potential overvaluation. The company gained from strong demand in end-markets and wider margins. These came from key...
Recent investment attention has been brought towards South32 after announcing its production report for the quarter ending March 2026, along with reducing its forecasted Australia Manganese by 6 per cent on account of water management issues. These results provide details of the company’s performance for the current period in terms of production of its various assets, including Worsley Alumina, Brazil Alumina and Aluminium, Hillside and Mozal Aluminium, Sierra Gorda, Cannington, and its manganese assets. However, all other operations were running as expected, but the reduction in its manganese forecast is worrying. Also Read: South32 delivers mixed alumina and stable aluminium results amid Q3’26 market shifts This guidance update occurs amid stock price action that suggests the stock may...
In the first part of the “ Women in Aluminium: Real Stories. Real Shifts ” article series , we explored the beginnings of these women’s journeys, starting from their first jobs to the roles they occupy now, highlighting the pivotal moments that led them into this field. Now, as we dive into the second part of the series, the story unfolds about the challenges they faced along the way as well as the projects and milestones that not only signify progress but also embody their sense of purpose. One theme is the common and uncommon challenges faced by these women and how they overcame them. The journey within the global aluminium industry, be it a leadership position, operational success or taking a strategic decision, is always built on a fundamental question that often goes unasked: What...
The Government of India, through its Directorate General of Trade Remedies (DGTR) under the Ministry of Commerce, has launched an anti-subsidy investigation on aluminium wire products from Malaysia. The concern for a probe was raised by the leading Indian aluminium manufacturers, such as Vedanta Limited, Hindalco Industries Limited, and Bharat Aluminium Company Limited, urging for a review to finalise an extension to the duties for trade protections. On Monday, the government announced that the probe has been made in light of the existing countervailing duties (CVDs) on Malaysia’s exports of “Aluminium Wire/Wire Rods above 7 mm diameter” (HSN code: 760511) that are scheduled to lapse in September. Under World Trade Organisation rules, countries can levy such duties to protect domestic...
