AlCircle News Edited By "Staff Editor"
Rising geopolitical tensions in West Asia are continuing to support higher crude oil prices, while aluminium prices have climbed to four-year highs, creating different outlooks for India's oil and metals sectors. According to Bharat Subramanian, Vice President of Equity Research at BofA Securities,...
Australian unions have called on the federal government to establish a state-owned renewable energy company to provide low-cost electricity to aluminium smelters and other energy-intensive industries, arguing that private power markets are failing to deliver affordable long-term energy supplies....
The European Commission has proposed a new law to increase the use of European-made aluminium, steel and clean-tech products in projects receiving public funding. Known as the Industrial Accelerator Act (IAA), the proposal covers sectors including aluminium, steel, cement, batteries, solar power...
Gujarat Mineral Development Corporation (GMDC) has signed a partnership with the University of Cambridge to establish what it describes as India's first AI-powered Rare Earth Observatory. The project will be developed over two years with an investment of GBP 600,000 (USD 805,965) and will operate...
Baglietto has launched the first unit of its 50-metre Fast50 series, the all-aluminium flagship of the shipyard's Fast range. The yacht, which was unveiled in 2024 and sold shortly after its debut, will now undergo final outfitting and sea trials ahead of its scheduled delivery later this year....
After the spike in the London Metal Exchange (LME) aluminium prices on the June 2 session, June 3 closed with an easing trend. The LME aluminium cash bid price declined to USD 3,796.5 per tonne on June 3 from USD 3,854 per tonne on June 2, marking a decrease of around 1.49 per cent. The LME...
Chinese electric vehicle maker BYD says its new aluminium frame technology has reduced vehicle weight while improving structural performance in the Yangwang U8L SUV. According to the company, the frame is around 56 kg (more than 120 lbs.) lighter than a comparable steel structure and has passed a...
High energy prices continue to pressure the European aluminium industry, with market participants warning that costs could rise further if disruption risks around the Strait of Hormuz persist. Europe’s summer energy restocking season could add further strain to supplies and increase the risk of...
Meadow has unveiled a refill system built around aluminium packaging, aimed at consumer goods companies seeking to reduce waste and comply with new packaging regulations. The launch comes as businesses prepare for stricter packaging requirements under the European Union’s Packaging and Packaging...
The US Department of Energy (DOE) has announced USD 134 million in funding for two projects focused on recovering rare earth elements from waste materials. The funding will support projects being developed by the Colorado School of Mines and Phoenix Tailings as part of efforts to increase the...
Aluminium producers in the Gulf are increasing overseas acquisitions and investments as they seek to strengthen supply chains, expand market access and reduce exposure to regional risks. The trend comes as geopolitical tensions in the Middle East and disruptions around the Strait of Hormuz...
The proposed aluminium smelter in Inola, Oklahoma, has moved to the centre of the state’s gubernatorial race after Oklahoma Attorney General and governor candidate Gentner Drummond filed a lawsuit seeking to stop the project. Drummond said his concerns relate to the facility’s potential impact on...
Establishment of the new trade centre at Geelong is another way of consolidating Capral Aluminium’s presence in regional Victoria. This marks a significant development for the company as it seeks to extend its reach to serve the needs of regional Victoria. This is just one more step taken by the...
The final boat in a four-vessel order for Saudi Arabian urban developer Neom has now been delivered by Spanish shipbuilder Moggaro Aluminium Yachts, bringing the project to completion. According to Moggaro, the latest handover took place after a period of uncertainty caused by ongoing geopolitical...
Irish authorities are examining export data submitted by Aughinish Alumina after questions were raised over the volume of alumina shipped from the Limerick-based refinery to Russia. The review follows reports that more than 80 per cent of Aughinish’s alumina exports during the first quarter of 2026...
Automotive industry executive Vineet Sahni has joined Victura Group as Chief Executive Officer, a few weeks after stepping down as CEO and director of Fiem Industries. Headquartered in Faridabad, Victura Group manufactures precision components, sub-assemblies and systems for automotive OEMs and...
India’s cable and wire industry is expected to report revenue growth of 28-30 per cent in FY27, supported not only by infrastructure demand but also by tighter global supplies nd increasing prices of aluminium and copper, according to a report by Crisil Ratings. The sector is expected to benefit...
Shares of major aluminium producers in Hong Kong moved higher, supported by rising alumina prices and concerns about future bauxite supplies from Guinea. Among the gainers, China Aluminum Corporation rose 3.4 per cent to HKD 11.25 (USD 1.44), while China Hongqiao Group gained 3.36 per cent to HKD...
