AlCircle News Edited By "Staff Editor"
Rio Tinto finalises board reshuffle to conclude transitional phase
Rio Tinto has recently announced a set of board changes, effective from 23 October 2025. According to the company spokesperson, this reshuffle brings an end to a transitional period in which the board briefly ran at 14 directors to preserve continuity while newer members settled in. The company...
Commodity backlog builds at Chinese Ports as China’s retaliatory ship fees take effect
US-bound tankers and bulk carriers that are queued off the Chinese ports are facing long waiting times due to the ongoing friction between Beijing and Washington, which has started unsettling global shipping routes. The waiting time has increased this year after 19th October, when ships were forced...
Ford curtails profit forecast following Novelis fire incident
Following a fire at the Novelis factory that disrupted the production of various high-margin vehicles, Ford Motor Company has lowered its annual profit forecast. Novelis is one of Fords’ key suppliers, supplying aluminium for Ford’s F-150 pickup trucks. As a result, the carmaker has cost itself USD...
Rio Tinto considers asset swap to reduce Chinese shareholding
Global mining giant Rio Tinto is reportedly exploring an asset-for-equity swap with Aluminium Corp. of China, Chinalco. News sources reported, citing sources close to the matter, that this move aims to reduce Chinalco’s current 11 per cent stake by up to 2 percentage points, potentially down to...
Alcoa invests $60M in US aluminium smelter & signs 10-year energy pact at the same time
Alcoa Corporation has recently announced two significant developments for its Massena Operations in New York. One is the new 10-year energy pact with New York Power Authority (NYPA), and the other is an investment of USD 60 million, a grant from Empire State Development (ESD) in the facility’s...
Steel Dynamics’ earnings rise on record aluminium shipments and recycling gains
Steel Dynamics Inc. (SDI), based in Fort Wayne, Indiana, has reported strong third-quarter 2025 results. The leading industrial metals company achieved another milestone by recording a net sales of USD 4.8 billion and net income of USD 404 million, equal to USD 2.74 per diluted share. While record...
The administrator earned £ 2.8M from the sale of this Anglesey Aluminium site
The sale of the former Anglesey Aluminium site in Holyhead involved a hefty fee of around GBP 2.8 million to the administrator for the sale of the site. The former Anglesey Aluminium site in Holyhead was an aluminium smelting plant that was closed in 2009 after the end of its power contract. Both...
Hillside Aluminium maintains steady output at 181,000 tonnes in Q3
South Africa’s Hillside Aluminium smelter continues to hold a key role in developing and running the country’s manufacturing base. Operating since 1996, the smelter at Richards Bay has become one of the largest aluminium producers in the southern hemisphere. It is processing imported alumina into...
Baltic index unchanged with shipping rates remaining firm
The Baltic Exchange’s dry bulk sea freight index remained unchanged at 2,069 points on Monday. It is regarded as the world’s leading independent benchmark for dry bulk maritime freight rates. The index is used for trading and settling physical and derivative shipping contracts. Monday’s flat...
Carmakers rush to secure rare earths before China’s export ban
Global carmakers are in a race to secure vital rare earth minerals before new Chinese export restrictions take effect in November. According to industry veterans, restrictions on exports by the Chinese Government will cause a massive shortage of key mineral products, which will further impact the...
Reliance Industries’ mega solar project is set to dwarf Tesla’s Gigafactory
Mukesh Ambani-owned Reliance Industries Ltd (RIL) is all set to start solar power generation in the first half of FY 2026 at its Kutch facility hub. This is indeed a great move towards realising India’s clean energy ambitions. The upcoming renewable energy facility in Kutch, Gujarat, spanning over...
Bridgnorth Aluminium fined $401 thousand 2 years after HSE ruling
A Midlands company, Bridgnorth Aluminium Limited, has been fined GBP 300,000 (USD 401,451) after a worker sustained serious injuries when a 1.5-tonne hydraulic arm malfunctioned at its Bridgnorth site. The incident took place on 10 May 2023, when the employee was undertaking preparatory activities...
ABx strengthens rare earth strategy with $479k tax rebate for research and development
ABx Group has secured another crucial Research and Development (R&D) tax offset of AUD 300,000 (USD 479,847) from the Australian Taxation Office for the R&D work carried out during FY 2024. The refund will be invested to strengthen ABx’s ongoing efforts for further exploration and processing...
Aluminium’s moment: How the lightweight metal is powering the next industrial cycle
With a resurgence of demand for metals in the global markets, both precious and industrial metals are drawing investment. While gold has approached record highs near USD 2,700 per ounce, silver has edged close to an all-time high, and platinum prices have surged by 80 per cent so far this year....
Ferrari gears up for its first electric supercar: A new chapter for the Italian marque
Ferrari writes a bold new chapter as it prepares to unveil its first fully electric car. The upcoming model is not just a significant shift for the legendary Italian marque but also a defining moment that preserves its heritage while aligning with the idea of futuristic performance. The new model...
Arafura and Alcoa first to gain from US-Australia minerals pact
Arafura Resources and Alcoa Corporation are going to emerge as the first organisations to benefit from a new partnership between the US and Australia. Jointly driven by both governments, the partnership aims to boost investment in projects across Western Australia and the Northern Territory that...
KTM 990 RC R launched in the EU and US market: unlikely to come to India
KTM has recently launched a new sports bike in the market named KTM 990 RC R in the sports segment of the bike within the EU and US markets. The frame of the bike is made up of a die-cast aluminium sub-frame along with a powder-coated steel trellis frame to support the main frame. The sub-frame is...
Andhra Pradesh government clears path for mega industrial park in Vizianagaram
The government of Andhra Pradesh has officially approved the establishment of a large-scale industrial park at S. Kota in Vizianagaram district, marking a major shift in the region’s industrial strategy. The mega park will be developed by JSW Industrial Park Limited on 1,166 acres of land that the...
