AlCircle News Edited By "Staff Editor"
Ma’aden aluminium surge puts growth back in focus as stock trades at $17
Ma’aden’s aluminium business delivered strong revenue growth in Q2 2026 as higher realised prices lifted the segment, although weaker phosphate and ammonia guidance creates a mixed operating backdrop. Saudi Arabian Mining Company (Ma’aden) saw aluminium revenue rise 49 per cent year on year to USD 1.01 billion in Q2 2026, with realised aluminium prices increasing 51 per cent to USD 3,915 per tonne. Read more about Maaden aluminium revenue jump in Q2 2026 The stronger aluminium performance provides the clearest quantified growth signal in Ma’aden’s latest operating picture. However, revised production guidance for phosphate and ammonia adds a counterweight as investors assess the company’s broader portfolio. Higher aluminium prices drive revenue growth The aluminium division produced...
Brazilian industry grows more cautious as industrial confidence falls to 44.9
Brazilian industrial confidence weakened further in September, with deteriorating economic sentiment weighing on the outlook for sectors that consume aluminum, including construction, transportation, packaging, and consumer goods. The Industrial Entrepreneur Confidence Index (ICEI), released by the National Confederation of Industry (CNI), fell to 44.9 points in September from 46.3 in August. The decline marked the 21st consecutive month in which the index remained below the reference line. The downturn reflected weaker assessments of both current business conditions and expectations for the next six months. The current conditions index fell from 42.7 to 40.2 points, while the expectations index declined from 48.1 to 47.2 points. Brazilian economic sentiment weighs on confidence...
Sharvaya Metals adds new aluminium extrusion press, expands precision manufacturing capability
A new 10-inch aluminium extrusion press is now operational at Sharvaya Metals Limited’s Ahilyanagar facility, following its commissioning on October 5, 2026. The new press completes the company’s production process from alloy production to finished components. The new facility allows Sharvaya to serve sectors including defence, aerospace, railways, electric vehicles, and engineering. By handling the full manufacturing process, the company aims to improve production time, quality, and costs for its customers. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " The new line includes an aluminium billet extrusion press and supporting equipment. It has billet heating, online quenching, puller...
MEC to invest $26m in New Georgia’s metal fabrication facility, adding 140 jobs
Mayville Engineering Company (MEC) plans to invest around $26 million in a metal fabrication facility. The facility is in Thomson, Georgia, USA. The project is expected to create about 140 jobs. MEC also provides aluminum extrusion services. MEC will renovate the existing building at 1048 Superior Way in Thomson for the facility. The renovation and equipment work will take place over the next few years. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " The company will hire staff for management, administration, technical work, operations, maintenance, and quality control. MEC President and CEO Jag Reddy said, “As we continue to grow, so does our need for talented people, and we look...
EU CBAM certificate price jumps to €82.32 in Q3, highest level of 2026
The European Commission sets the Q3 2026 price of CBAM certificates at EUR 82.32 (USD 92.66), up from EUR 75.28 (USD 84.74) in Q2 and EUR 75.36 (USD 84.83) in Q1, making it the highest quarterly price published so far this year. The Commission calculates CBAM certificate prices based on the weighted average of auction clearing prices for EU Emissions Trading System (EU ETS) allowances. The methodology is designed to align the carbon cost applied to EU producers with that applied to imports covered by the Carbon Border Adjustment Mechanism (CBAM). The Q3 price was published on October 5, 2026, following the end of the quarter. To learn about the market potential of aluminium dross, explore "ALuminium Dross Processing: Generation, Recovery & Strategic Roadmap" CBAM certificate prices rise...
Yamaha’s recycled aluminum breakthrough targets 47,000-tonne annual CO2 reduction
Yamaha Motor Co. Ltd. will progressively replace conventional virgin aluminum with recycled aluminum alloy in its proprietary all-aluminum DiASil Cylinders, marking a move to recycled materials in a high-performance motorcycle component. Once the transition is completed across all products using DiASil Cylinders, targeted for 2030, Yamaha estimates that the switch will reduce CO2 emissions by approximately 47,000 tonnes annually. The transition will initially begin with commuter motorcycle models produced in Indonesia before a planned global rollout. Recycled aluminum meets DiASil requirements The DiASil Cylinder is an all-aluminum cylinder design that requires neither an iron sleeve nor plating. Yamaha Motor developed and deployed the technology in 2002 and uses it across a range of...
A $1.8 billion bet to keep Brazil’s bauxite flowing until 2041
The Novas Minas project will maintain MRN’s 12.5 million metric tons/year bauxite output while strengthening supply links across Brazil’s aluminum chain. Brazilian bauxite producer Mineração Rio do Norte (MRN) is investing R$9 billion ($1.8 billion) to extend operations at its mining complex in Pará through 2041, securing long-term production from new reserves near its existing sites. MRN has operated in northern Pará since the 1970s and first applied for environmental approval to extend the mine’s operating life in 2018. Brazilian authorities granted approval for the long-term expansion in April 2026. The Novas Minas project will develop five new mining sites in western Pará and allow MRN to maintain its existing production capacity of 12.5 million metric tons of bauxite per year. The...
Vedanta Aluminium hits record Q2 output as aluminium production rises 5% to 649,000 tonnes
Vedanta Aluminium reported record quarterly production across aluminium, alumina and value-added products in Q2 FY27, supported by capacity expansion and efficiency improvements. Vedanta Aluminium Metal Limited, India’s largest aluminium producer, recorded its highest-ever quarterly aluminium production of 649,000 tonnes in Q2 FY27, up 5 per cent year on year from 617,000 tonnes in Q2 FY26. Aluminium output also increased 3 per cent quarter on quarter from 632,000 tonnes in Q1 FY27. For the first half of FY27, production reached a record 1,281,000 tonnes, up 5 per cent from 1,222,000 tonnes in H1 FY26. The company attributed the increase to new smelter volumes and efficiency improvements across existing production lines. Alumina output jumps 37 per cent Vedanta Aluminium’s alumina...
Asian aluminium premium slips to $202/t as MJP Q4 offers fall to $245–260
Asian aluminium premiums are facing more pressure ahead of Q4 talks. CRU’s Asia CIF aluminium premium is now USD 202 per tonne, well below the USD 395 per tonne Main Japanese Port (MJP) Q3 benchmark. MJP Q4 offers have also dropped sharply. They fell from USD 325 per tonne in early September to USD 245–260 per tonne as the new quarter approaches. This shows weaker sentiment in the market. Aluminium premiums are under pressure across Asia, especially in Korea, Malaysia and Taiwan. These markets are more exposed to spot price changes, so premiums can move quickly when supply or demand changes. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook " Premiums...
India invites applications for new mineral exchanges with bauxite among five tradable minerals
India is moving to establish a formal market for mineral trading, with the Indian Bureau of Mines (IBM) inviting applications from eligible companies to set up new mineral exchanges by November 2. The exchanges can initially facilitate trading in iron, chromite, bauxite, limestone and manganese, either individually or in combination. Other minerals may subsequently be added with prior approval from IBM, subject to exclusions specified under the rules. The proposed platforms are intended to support trading in minerals, concentrates and processed forms, including metals, while creating a more transparent and efficient mechanism for price discovery and dissemination. Bauxite is among five minerals eligible for trading The move could provide bauxite with a formal exchange-based trading...
3,200 votes later: Artemis II aluminum plates win West Virginia’s ‘Coolest’ contest
Aluminum plates manufactured by Constellium in Ravenswood, West Virginia, which helped protect NASA’s Artemis II spacecraft, have won the inaugural ‘Coolest Thing Made in West Virginia’ competition. The aluminum components covered much of the spacecraft, extending from the launch vehicle to the crew capsule that carried astronauts around the Moon in April 2026. The material had to combine light weight, strength and durability while withstanding the extreme heat of launch and the intense cold of deep space. To know the aluminum casting demand forecast in the transportation sector, explore our report "Global Aluminium Casting Market 2026-2032: Plant Economics, Alloy Segmentation, Pricing Intelligence, Supply Chain Analysis & Strategic Recommendations" Aluminum takes the spotlight The...
Small businesses await US tariff refunds as shipping firms process claims
Small businesses are facing delays in receiving refunds for tariffs struck down by the US Supreme Court, with companies that paid duties through shipping firms such as FedEx, DHL and UPS waiting longer to recover their money. Asher Rapkin, owner of California watch retailer Collective Horology, said he submitted paperwork in March to recover USD 164,000 in tariffs but did not receive any money until September. He initially received a USD 59,200 wire transfer without an explanation of which transactions had been refunded. FedEx said it is focusing on precision and regulatory compliance and has already released hundreds of millions of dollars. The company said it must check each claim, verify millions of entries and match them with corresponding US government data. Once customers submit...
Hydro’s Alunorte gas disruption could cost $210m across Q3 and Q4
Alunorte, Hydro’s alumina refinery in Brazil, has cut alumina production to 50 per cent after disruptions to its natural gas supply from CELBA. The disruption could cost Hydro’s Bauxite & Alumina business up to USD 100 million in Q3 2026. Alunorte could also face another USD 110 million impact in Q4 due to higher gas costs. CELBA informed Alunorte in August 2026 that it was facing disruptions to natural gas supplies. The refinery has not received the gas covered by its contract and is now buying gas at spot market prices. Alunorte has cut production to 50 per cent to match the gas currently available. The refinery has asked for direct access to the Barcarena LNG receiving and regasification terminal. Join the fourth edition of webinar " Hedging for recyclers - Become an expert in 6 hours...
Press Metal profit jumps 51% as Middle East aluminium curtailments lift the premiums
Southeast Asia’s largest integrated aluminium producer extended its record earnings run as higher aluminium prices, regional premiums and Middle East supply disruptions supported performance. Press Metal Aluminium Holdings Bhd has extended its record earnings streak into 2026, with the Southeast Asian aluminium producer posting a 51 per cent year-on-year increase in net profit to MYR 1.43 billion (USD 350.78 million) in 1HFY2026. The company had already delivered back-to-back record profits in FY2024 and FY2025, supported by higher aluminium prices, increased sales volumes and a more favourable cost environment. Its latest performance comes as the global aluminium market remains tight, with RHB Research expecting a deficit of around 900,000 to one million tonnes in 2026. Press Metal’s...
Mexico launches second anti-dumping sunset review on Chinese aluminium cookware
Mexico has initiated a second anti-dumping sunset review on aluminium cookware from China, while existing duties will remain in force throughout the proceeding. Mexico’s Ministry of Economy has initiated a second anti-dumping sunset review covering aluminium cookware originating in China, following a formal request from domestic producer Vasconia Brands, S.A. de C.V. The review examines whether the existing trade-remedy measures on Chinese aluminium cookware should remain in place. The products covered by the proceeding fall under tariff code 7615.10.02 of Mexico’s TIGIE. Mexico sets dumping and injury review periods The dumping investigation covers the period from July 1, 2025, through June 30, 2026, while the injury analysis spans July 1, 2021, to June 30, 2026. Explore AL Circle’s...
Aluminium gains 1.1% as oil surge drives New Zealand commodity prices
The ANZ World Commodity Price Index rose 0.6 per cent month on month and 1.0 per cent year on year, with prices increasing across most categories. The rise was largely driven by higher energy prices, while a weaker New Zealand dollar pushed the index in local-currency terms up 2.8 per cent. Oil surge lifts aluminium prices along with milk powder Aluminium benefited from supply disruption linked to the Middle East conflict. Prices rose 1.1 per cent during September and are around 23 per cent higher year on year, with production and exports in the region remaining disrupted. Dairy prices increased 1.0 per cent in September, led by skim milk powder. Prices for the product jumped 9.2 per cent month on month and are now 41.1 per cent higher than a year earlier. ANZ said milk powder prices are...
Mexico nears lower US aluminum and steel tariff deal finalisation as effective rates could fall to 5%
Mexico is approaching the final stages of negotiations with the United States on reducing tariffs on aluminum and steel products, with officials indicating that a deal could significantly lower the effective tariff burden on Mexican exporters. Luis Rosendo Gutiérrez, Mexico’s undersecretary of foreign trade, said talks had made progress during the National Auto Parts Industry congress. Discussions covering the automotive sector are targeting a 15% tariff, which could fall to an effective rate of around 4% to 5% after deductions linked to regional value content. The potential reduction would bring Mexico closer to tariff levels faced by competitors including Japan, South Korea and Germany, improving the position of Mexican suppliers in the US market. Explore the production, demand and...
Vedanta Aluminium faces $10/tonne cost rise after Odisha HC ruling: CLSA
CLSA expects the Odisha High Court’s dismissal of Vedanta Aluminium Metal’s bauxite petition to have a muted medium-term impact, despite a potential one-time liability and higher aluminium production costs. The Odisha High Court dismissed Vedanta Aluminium’s petition seeking bauxite supplies from Odisha Mining Corporation (OMC) at the historical rate of INR 1,000 (USD 10.38) per tonne. CLSA said the order could result in a one-time financial impact of up to USD 290 million, including interest, while also increasing the company’s aluminium production costs. The brokerage estimated OMC’s claim for historical dues at around INR 2,500 crore (USD 59.50 million) before tax, excluding interest. Including interest, the one-time impact could reach USD 290 million, equivalent to around 2.8 per cent...
