AlCircle News Edited By "Staff Editor"
GE Vernova to supply 1.35 GW pumped-storage units for Andhra Pradesh’s Upper Sileru project
GE Vernova said the Upper Sileru pumped-storage hydropower project in Andhra Pradesh is expected to be completed by 2030 and will become one of India’s largest pumped-storage power plants. The company’s work includes design, engineering, manufacturing, testing, transportation, supply, erection supervision, and commissioning of nine pumped-storage units along with their control and governing systems. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” GE Vernova has received an order from Megha Engineering & Infrastructures Ltd (MEIL) to supply nine 150 MW pumped-storage units for the 1.35 GW hydropower plant in India. Once operational, the project is expected to store and supply...
Waaree Renewable to acquire 55% stake in Associated Power Structures for ₹12.25B
Waaree Renewable Technologies is set to acquire a 55 per cent stake in Associated Power Structures Private Limited (APSL) in a transaction valued at INR 12.25 billion (USD 128.7 million), as the company expands its presence in India’s renewable energy and power infrastructure sector. The company said it has signed definitive agreements for the transaction, including both a shareholders agreement and a share purchase and subscription agreement. For the global aluminium value-chain 2026 outlook, book our exclusive report “Global ALuminium Industry Outlook 2026" Under the deal, Waaree Renewable Technologies will buy shares from existing shareholders while also investing through fresh equity issued by APSPL. Once the process is completed, Associated Power Structures will become a subsidiary...
Texarkana Aluminum rolls first coil after commissioning new hot tandem mill expansion in Texas
Texarkana Aluminum has rolled its first coil following the commissioning of a major hot mill expansion project at its Texas facility, featuring a new four-stand hot tandem mill supplied by Mino. The project began in 2023 after Mino received a contract to design, supply, and commission the mill. The new equipment was installed as an extension to the existing single-stand reversing hot mill, converting the plant into a “1+4 Hot Rolling Line”. In this setup, the older mill acts as the roughing stand, while the four new stands are used for hot finishing. 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 company said the new configuration is intended to improve production rates...
Shyam Metalics Q4 FY 2026 profit rises 42%to ₹3.12B and unveils ₹27B expansion strategy
Shyam Metalics and Energy Limited reported higher revenue and profit for the fourth quarter ended March 31, 2026, supported by stronger volumes and better realisations across aluminium foil businesses, carbon steel, stainless steel, and speciality alloys The company recorded a 22 per cent rise in sales volumes during the quarter, while profit after tax increased 42 per cent year-on-year to INR 3.12 billion (USD 32.7 million), supported by stronger demand and operational performance across key segments. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” Revenue for Q4 FY26 rose 27 per cent year-on-year to INR 52.40 billion (USD 550 million), while EBITDA increased 33 per cent to...
UK consortium develops modular recycling system to recover EV battery metals domestically
A group of UK companies is developing a new battery recycling system designed to recover critical materials from used electric vehicle batteries without relying heavily on overseas processing. The initiative, called ReCAM, brings together the UK Battery Industrialisation Centre, Watercycle Technologies, Recyclus Group Ltd, and Polaron. The project focuses on processing “black mass,” the metal-rich powder that remains after lithium-ion batteries are shredded. At present, much of the UK’s black mass is exported because domestic refining infrastructure remains limited. The consortium aims to process the material locally and convert it into reusable battery-grade materials. For the global aluminium value-chain 2026 outlook, book our exclusive report “Global ALuminium Industry Outlook 2026"...
Hydro is redefining recycled aluminium design at Schloss Hollenegg
Hydro is showcasing a curated selection of recycled aluminium design works at ELEMENT: METAL, the latest exhibition organised by Schloss Hollenegg for Design, running from May 9 to 31, 2026 in Styria, Austria. Set within the historic interiors of Schloss Hollenegg, the exhibition explores metal not only as a functional material but also as a cultural and design medium. Curated by Alice Stori Liechtenstein, the showcase brings contemporary design practices into conversation with centuries-old applied arts, with a particular focus on aluminium’s evolving role in furniture, lighting and spatial applications. As part of the exhibition, Hydro presents works by designers Max Lamb, Philippe Malouin and Sabine Marcelis. Each project highlights distinct applications of aluminium, ranging from...
Golkonda Aluminium shifts registered office to a new address
The proposal for the relocation of the registered office within the same city of New Delhi has been approved by Golkonda Aluminium Extrusions Limited after the company’s board meeting on May 9, 2026. The meeting started at 2:00 PM and ended at 2:30 PM. During the board meeting, the plan was passed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new registered office address of the company will be changed from A-2/78-B, Keshav Puram, New Delhi – 110035, to 1003, 10th Floor, Vikram Tower, Rajendra Place, New Delhi – 110008. The new address will become effective from May 9, 2026. It is important to note that the change of address has been made within the geographic boundary of the city itself. Also Read: Golkonda Aluminium files Q4FY26...
Middle East tensions & US tariffs drive aluminium costs up, Monster Beverage to counter with price hikes
California-based beverage company Monster Beverage may raise its product prices incrementally through 2026 in a move to offset aluminium and freight costs due to the ongoing Middle East conflict. However, the company believes this move would not affect the consumption pattern of energy drinks, following their previous experience when the market remained resilient even after they increased prices. Company executives said aluminium prices and freight expenses increased during the first quarter, partly due to tariffs and supply disruptions linked to geopolitical tensions in the Middle East. They added that further price increases may be considered if costs continue to rise. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036:...
NTPC Green Energy Limited grants ₹6.2B (USD 65.78 million) Rajasthan solar project to KPI Green Energy Limited
NTPC Green Energy Limited subsidiary NTPC Renewable Energy Limited has awarded a large utility-scale solar contract to KPI Green Energy Limited for the development of a 500 MW solar PV project in Rajasthan. The project will be developed in Bikaner and carries a total contract value of around INR 6.21 billion (USD 65.89 million), excluding GST. According to the award details, the work has been divided into two sections, a 300 MW package worth INR 3,670 million (USD 38.94) million and a 200 MW package valued at INR 2540 million (USD 26.95 million). For the global aluminium value-chain 2026 outlook, book our exclusive report “Global ALuminium Industry Outlook 2026" KPI Green Energy’s scope extends beyond supplying solar equipment. The company will also handle transportation, installation,...
El Jefe Energy can design achieves top spot in INX competition
El Jefe Energy has won the latest edition of the Colored by INX Can Design Contest, with its “Sinister Razz” coming out on top after combined scoring from judges and online voting. The design was forwarded through manufacturing partner Can-One USA, an aluminium can producer, and stood out for its darker visual style and artwork-heavy approach, which the company said was meant to move away from more generic energy drink packaging. According to INX, this year’s competition drew a much larger number of entries than usual, with participation nearly doubling compared to previous editions. For the global aluminium value-chain 2026 outlook, book our exclusive report “Global ALuminium Industry Outlook 2026" Jeanie Morris, who oversees the contest, said the increased participation brought a wider...
Texmaco Rail bags $6M domestic rail equipment order from Vedanta Aluminium
Texmaco Rail & Engineering Limited has received a domestic order worth INR 571.5 million (USD 6 million), including taxes, from Vedanta Aluminium for the supply and commissioning of two BTAP rakes and two BVCM units. The company disclosed the order under SEBI’s Listing Obligations and Disclosure Requirements Regulations. The contract became effective on May 8, 2026. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” Under the order, Texmaco Rail will supply two sets of BTAP rakes. Each rake will include 53 wagons and one BVCM unit. The first rake is expected to be delivered and commissioned within six months from the effective date, while the second rake is expected within eight...
NALCO expects alumina prices to be under pressure, while aluminium prices to ease in FY27
National Aluminium Company is preparing for a mixed market environment in FY27, with alumina expected to remain under pressure even as aluminium prices continue trading at elevated levels for now. Speaking in an interview with CNBC-TV18, NALCO Chairman and Managing Director Brijendra Pratap Singh said the company expects global alumina oversupply to keep prices subdued through the year. According to Singh, alumina prices are expected to stay in the range of around USD 300 to USD 310 per tonne during FY27. Aluminium, meanwhile, is currently trading around USD 3,500 to USD 3,600 per tonne, though the company expects prices to eventually settle closer to USD 3,000 to USD 3,100 once geopolitical tensions ease and supply chains begin normalising again. He noted that even if conditions improve...
Minim Martap bauxite project moves forward with rail upgrades and port preparations
Canyon Resources has increased its investments in rail and port infrastructure linked to its Minim Martap bauxite project in Cameroon as it prepares for its first bauxite shipment targeted for late Q3 2026. The company’s subsidiary, Camalco, increased its stake in rail operator Camrail from 9.1 per cent to 26.9 per cent after making a payment of XAF 9.852 billion (USD 17.66 million). Canyon also acquired a 42.8 per cent stake in Port of Douala operator Terminal Bois du Port de Douala S.A. through an investment of around AUD 0.8 million (USD 579,000). 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 the company, the investments are aimed at improving coordination for...
Armley recycling drive collects 5,000 aluminium cans
Over recent months, the community-led recycling drive in Armley, Leeds, has collected 5,000 aluminium cans , which have raised money to help Leeds City Mission (LCM) outreach and cut down on local waste. The initiative, led by volunteers, staff, and supporters, involved gathering discarded cans from streets and post-event waste. The collected material was checked, crushed, and sorted before being transported to LCM’s centre on Mistress Lane, opposite Armley Library. From there, sacks filled with aluminium cans and foil were taken to a recycling facility and exchanged for cash. LCM Development Worker Andy Dalton said the effort aligns with the organisation’s long-standing focus on reuse and recycling. “We live in a throw-away society. But as we say in Yorkshire – where there’s muck there’s...
Russian aluminium shipments to Armenia resume via Azerbaijan
Azerbaijan is the new route for aluminium shipment from Russia to Armenia, symbolising close ties between the countries. Azerbaijan Railways confirmed two railcars carrying aluminium departed on May 7, forming part of a new transit route linking Russia to Armenia through Azerbaijani territory. The shipment adds aluminium as the fourth category of goods transported along this corridor, following earlier consignments of grain products, fertilisers and buckwheat. This development holds much importance for Armenia since it is a landlocked country and depends extensively on foreign transport routes for importing necessary goods. Transportation of freight from Russia to Armenia via Azerbaijan resumed in autumn 2025, after many years following the end of the war fought in 2020 in...
EGA’s Guinea bauxite deal and recycling facility in Al Taweelah - a move to offset its smelting shutdown?
EGA’s reset of its Guinea bauxite supply and progress at the Al Taweelah recycling facility have sparked curiosity about whether these moves are aimed at reviving the company’s resilience in the global aluminium market after a temporary shutdown of the Al Taweelah smelter following damage from Iranian attacks. . The timing of these three incidents is what has sparked such intrigue. EGA’s core smelting operations remain closed after a strike at its 1.6 million tonnes per annum Al Taweelah facility in late March, forcing the company to invoke force majeure on select contracts. Rehabilitation work is expected to begin by the end of May, with a full restart potentially taking up to a year. Meanwhile, EGA is gearing up to establish its recycling plan in Al Taweelah. “We are now reaching the...
Chris Cooter visits CSIR-IMMT to strengthen India-Canada critical minerals ties
Chris Cooter visited CSIR–Institute of Minerals and Materials Technology along with officials from the Canadian High Commission to discuss collaboration in critical minerals, sustainable resource processing, and advanced metallurgical technologies. The delegation included Karen Joan Blumenschein, spouse of the High Commissioner, Trade Commissioner Arjun Kumar Dutta, and Political, Economic and Public Affairs Officer Rohit Shukla. 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 Canadian delegation met with CSIR-IMMT Director Ramanuj Narayan and senior scientists of the institute to explore opportunities for scientific and technological cooperation in critical minerals...
Tiangshan moves to register Indonesian aluminium supply on the London Metal Exchange
Tsingshan Holding Group has applied to make aluminium produced by its Hua Chin smelting joint venture in Indonesia deliverable on the London Metal Exchange, according to a notice issued by the London Metal Exchange. If approved, Hua Chin would become only the second Indonesian high-grade primary aluminium brand accepted by the LME after state-owned Inalum. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” Hua Chin is a joint venture between Tsingshan and the Chinese company Huafon Group. The smelting facility is located on the Indonesian island of Sulawesi. Also read: ASA strengthens Syracuse, New York, operations with a new 50,000-sq-ft manufacturing facility According to the...
