AlCircle News Edited By "Nilanjana Banerjee"
Nilanjana Banerjee is a new leaf on this branch of AL Circle. is a spontaneous author and she writes on inspiration and purpose, not by design. Her penmanship is replete with sensitivity and depth.
OPEC+ to raise oil output by 188k bpd as UAE’s exit indicates a looming supply deficit
Since the exit of the United Arab Emirates (UAE) from the alliance, the Organisation of the Petroleum Exporting Countries’ (OPEC+) first meeting without the nation concluded with the decision to raise oil production by 188,000 barrels per day (bpd) for June. This suggests that despite a shift in internal dynamics, a consistent effort is being made to stabilise global oil markets. Tighter oil supplies could also push up energy and logistics costs, indirectly raising production expenses for aluminium smelters. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain The increase is slightly lower than May’s output adjustment of 206,000 bpd, barring the UAE’s contribution after its official departure from the group on Tuesday,...
NALCO FY26: Ever-high aluminium prices lead to record profit, while bauxite & alumina sales drive revenue
National Aluminium Company Limited (NALCO), the Navratna CPSE under the Ministry of Mines, led by the Government of India, has achieved a milestone in its financial results for FY26, reporting record-breaking gains over past financial years alongside a strong operational performance. NALCO’s annual net profit reached INR 58.16 billion (USD 612.7 million), growing 9.22 per cent year-on-year (Y-o-Y) from INR 53.25 billion (USD 561.05 million) in FY25 . Annual revenue from operations stood at INR 178.43 billion (USD 1.88 billion), gaining the highest-ever revenue, up 6.28 per cent Y-o-Y over INR 167.88 billion (USD 1.77 billion) in FY25. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows &...
Vedanta Aluminium denies Odisha’s unauthorised water extraction charges
Vedanta Aluminium has regarded the Government of Odisha’s issued penalty notice worth INR 2.33 billion (USD 24.55 million) regarding the alleged illegal extraction of water from the Bheden river system, Jharsuguda, as a claim based on "incorrect assumptions". Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook An official statement released by the company follows that Vedanta abides by valid agreements, which allow the extraction of a total drawal of 112.9 cusecs, all being in accordance with the Department of Water Resources. It was mentioned that the actual extraction of water from the Hirakud reservoir is estimated at 80 cusecs, which is within authorised limits. The...
Tiwai aluminium smelter faces union strike; negotiations continue to reach mediation
Rio Tinto-owned Tiwai Point Aluminium Smelter hangs in the balance as union members in the company have decided to go on strike. In a workforce of 670 members, 186 or almost 28 per cent of the smelter’s staff are part of the E tū Union, who have action planned at various intervals for the upcoming period. Ensuring all four shifts at the facility were covered, the strikes would be held from 11 AM to 1 PM on May 4,6, 8 and 10. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook A 2.5-year-long negotiation with the employer failed to meet the points requirement and conditions, which led to a joint decision of the union members at the plant voting for the strike, as reported...
LME aluminium improves on May 1: Cash reaches $3,584/t as supply fear looms large
May 2026 opened with an improvement in the London Metal Exchange (LME) aluminium prices , following a dip on the April 30 close. The continued tensions between the US and Iran, stirring up the Middle East conflict, are reshaping market trends. As Iran declared on April 30 to retaliate with "long and painful strikes", supply uncertainties intensify with the already blocked Strait of Hormuz and damage to essential aluminium smelters of Emirates Global Aluminium (EGA) and Aluminium Bahrain (Alba). Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium cash bid price rose from USD 3,525 per tonne on April 30 to USD 3,583 per tonne on May 1, representing a USD 58...
ROSI secures $23M to scale up solar panel recycling in Europe
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...
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Europe aluminium can recycling gains pace, targets 100% by 2030
The interview with Krassimira Kazashka, CEO of Metal Packaging Europe, highlights the steady progress and future potential of aluminium beverage can recycling across Europe. It explores how robust infrastructure, supported by Deposit Return Schemes and evolving EU regulations like the Packaging and Packaging Waste Regulation (PPWR), is driving higher recovery rates and circularity. Kazashka emphasises the role of policy engagement, resource security, and scrap retention in strengthening the regional aluminium value chain. Looking ahead, she outlines the industry’s ambition to achieve 100 per cent recycling by 2030, underpinned by innovation, regulatory support, and efficient collection systems. Krassimira Kazashka is the CEO of Metal Packaging Europe since November 2023. Prior to joining...
AMAG Austria Q1’26: High aluminium prices drive robust earnings
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-...
LME aluminium cools as cash slips from 3,600/t; contracts and stocks continue to decline
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’s mixed stock results with flat near-term and stronger extended phases
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...
India’s anti-subsidy probe on Malaysia’s aluminium wire rod imports for domestic boost
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...
Norsk Hydro’s Q1’26: Mixed alumina financials; strong ops in aluminium and recycling
The first quarter (Q1) financial results of Norsk Hydro delivered a resilient operational performance, although with mixed financial results in the upstream segment of alumina. Alumina production at Alunorte in Q1 2026 improved year-on-year compared to Q1 2025 , with yield improvement and consistent availability of equipment. The aluminium segment improved with the reopening of capacities at the Norwegian smelters that were partially under controlled shutdown. These not only offset the production curtailments due to the Middle East conflict but also added a 2.7 per cent Y-o-Y increase in the primary aluminium segment's EBITDA. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain Eivind Kallevik, President and CEO of...
Hydro x Mercedes-Benz Trucks: A recycled aluminium partnership for circularity push
Norsk Hydro has accelerated its push into circular manufacturing by supplying low-carbon, recycled aluminium to the reECONIC project led by Mercedes-Benz Trucks. Based on the electric Mercedes-Benz eEconic platform, the initiative gathers over 30 partners to demonstrate the reuse of materials in closed loops without compromising performance or safety in commercial vehicles. It promotes circularity and sustainability in the value chain from sourcing to recycling end-of-life materials to produce low-carbon, recycled aluminium, playing a central role in the equation. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain Executive Vice President of Hydro Extrusions, Paul Warton, mentioned, “The reECONIC project shows how...
Metro Mining’s activities Q1’26: A quarter through policy, logistics and weather challenges
Australian Metro Mining has released an update of the quarterly activities for the January-March quarter (Q1), delivering a mixed but operationally resilient performance throughout the timeline. Despite near-term cost pressures and seasonal operational constraints, Metro continues to position itself to benefit from tightening aluminium market fundamentals. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook Financial highlights The January-March financial quarter was shaped by seasonal disruptions, maintenance cycles, and evolving market dynamics across its bauxite operations. Compared year-on-year with the Q1 2025, the financial results of Q1 2026 are: Net cash used in...
LME aluminium prices and contracts ease over 1% as stocks continue to decline
The London Metal Exchange (LME) aluminium prices continued to soften around the curve on the close of April 28. The cash and contract prices eased as inventories remained on a declining trend. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain The LME aluminium cash bid eased 1.66 per cent day-on-day, down from USD 3,660 per tonne on April 27 to USD 3,599 per tonne on April 28, while the offer declined 1.69 per cent, shifting from USD 3,662 per tonne to USD 3,600 per tonne. The LME aluminium three-month bid price slumped from USD 3,587.5 per tonne on April 27 and settled at USD 3,535 per tonne on April 28, marking a 1.46 per cent decrease. The offer price recorded a decline of 1.42 per cent, moving from USD 3,588 per...
Gränges x NG Nordic: Aluminium recycling partnership extended to cut carbon footprint
A long-term agreement is being signed between the Aluminium rolling and recycling company Gränges AB and the circularity and recycling solutions provider NG Nordic. Gränges has extended the partnership between the two companies to procure recycled aluminium to feed its Finspång production facility in Sweden. The increasing use of recycled aluminium is a firm step toward reducing the carbon footprint and improving resource efficiency while promoting sustainability. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain Gränges is focused on processing and reusing aluminium in order to produce advanced aluminium solutions. The long-standing partnership between the two firms is built upon deliveries received by Gränges from...
Vedanta Ltd Q4 estimates: Profits to soar 174%, aluminium to be a key growth driver
India’s leading metals manufacturer , Vedanta Limited, is expected to close FY2025–26 on a strong note, as analysts project a sharp earnings upswing in the January-March quarter (Q4). This performance has received considerable support from favourable London Metal Exchange (LME) price trends . Firm prices for aluminium, zinc and silver are expected to drive growth across the company’s primary business segments. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain Brokerage estimates are pointing towards a substantial year-on-year (Y-o-Y) expansion in profitability, with adjusted profit after tax (PAT) to rise approximately by 174 per cent. The improvement is attributed to higher commodity prices, greater volumes, and a...
Indian renewable energy, driven by solar, contributes 22% to the 256GW peak demand
India’s power sector has entered a new phase of resilience, with solar energy emerging as a strong force in meeting record electricity demand. Prompted by intense summer consumption, the country successfully addressed an all-time high peak demand of 256 gigawatts (GW), highlighting the growing role of renewable energy in stabilising the Indian energy mix . Accounting for around 22 per cent of total generation, solar industries contributed nearly 57 GW at the peak load recorded in the afternoon of April 24, which stood at 256.1 GW. Earlier that day, solar energy output surged even higher, reaching almost 81 GW and making up approximately one-third of the total electricity generation. Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across...
