AlCircle News Edited By "Staff Editor"
Century Aluminium shares fall after Glencore sells $275M stake
Century Aluminium Corporation’s shares tumbled sharply after reports emerged that Glencore, its key investor, sold a majority of its holdings in a large block trade. Reportedly, Glencore offloaded its 9 million shares of Century Aluminium at USD 30.65 each, generating gross proceeds of approximately USD 275.9 million. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The shares were priced at the lower end of the USD30.65-USD31.65 range set for the offering and represented a 5.1 per cent discount to Century Aluminium’s previous closing price of USD 32.31 on Monday. The sale amounted to around 9.6 per cent of Century Aluminium’s outstanding shares. Before the transaction, Glencore held 40.1 million shares, making it the company’s largest single...
Alumobility declares new leadership team to drive next phase of mobility goals
The global association of leading aluminium producers and downstream tech partners, Alumobility, has reportedly expanded its leadership team to accelerate its next phase of mobility goals, focusing on the sustainable adoption of aluminium in the automotive industry. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain In welcoming the appointments, Martin Norden, President of Alumobility, said: “I am honoured to welcome our new leadership team, whose diverse expertise and shared commitment will help Alumobility continue advancing its mission of enabling lighter, more efficient, and more sustainable mobility solutions." He added, "The new Value-in-Use Committee will play a vital role in highlighting the full benefits of aluminum for automakers,...
Leadership shift at Ball Corporation: Ronald J. Lewis appointed CEO, Stuart A. Taylor II named Chairman of the Board
Ball Corporation, a global leader in aluminium beverage packaging, has appointed Ronald J. Lewis as its new Chief Executive Officer and a member of the Board of Directors, effective immediately. Lewis takes over from Daniel W. Fisher, who has stepped down from the role. The company confirmed that Fisher’s departure is unrelated to any disagreement with the board or management. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain As part of the leadership transition, Stuart A. Taylor II, currently Ball’s Lead Independent Director, has been elected as Chairman of the Board. In a statement, he expressed his appreciation for Fisher’s tenure, mentioning his role in steering the company through a challenging environment. Industry experience shaping...
ICICI Securities maintains ‘Hold’ rating on NALCO, sets price target at INR 246 per share
ICICI Securities has reiterated its Hold rating on National Aluminium Company (NALCO), assigning a target price of INR 246 (approximately USD 3) per share. This review followed NALCO’s strong financial performance in Q2 FY2026, with EBITDA gaining 29 per cent to INR 19.2 billion (USD 230 million approximately). Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The outperformance was mainly due to a strong jump in alumina sales volumes during the quarter. NALCO expects to sell between 1.25 and 1.28 million tonnes of alumina in FY26 , consistent with its annual guidance. The company’s ongoing refinery expansion, which will add 1 million tonnes per annum (MTPA) of alumina capacity, is expected to be completed in the first quarter of FY27. Once...
Benelli to launch its new model TRK 602 X in the market
The new model of Benelli, TRK 602 X, has taken over the older model TRK 502 by incorporating several improvements, like its performance, design of the chassis and other onboard technology. The new edition includes the aluminium tubular section at the front, accompanied by a lighter rear subframe, which in turn lowers the seat height to 825 mm. TRK 602 X has preserved the spirit of the older model and has made itself to the Milan Motorcycle Show, Italy. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain TRK 602 X has used aluminium in its frame and swingarm to improve the efficiency of the bike by making it more lightweight and stable. This would help to increase the overall durability of the bike, along with its ease of handling by the users....
Scandium Canada & Gränges partners to integrate scandium alloys into aluminium products
Scandium Canada has signed a Memorandum of Understanding (MoU) with Gränges Powder Metallurgy (GPM), a global supplier of spray-formed aluminium products and aluminium powders for additive manufacturing. The partnership is aimed at integrating Scandium Canada’s scandium-modified alloys into spray-formed aluminium products and aluminium powders. This move brings the company’s patent-pending materials into one of the fastest-growing areas of aluminium engineering - additive manufacturing. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Scandium Canada's Chief Science Officer Luc Duchesne emphasised that the firm’s proprietary alloys address the need for “printable, high-strength and lightweight metals in sectors such as aerospace, automotive...
CEEW: India’s solar waste could power $444M circular economy by 2047
According to studies by the Council on Energy, Environment and Water (CEEW), recovering the metals and materials from abandoned solar panels could generate a circular economy of almost INR 3.7 billion (USD 444 million) by 2047. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The research states that recycling of key materials such as aluminium, silicon, silver, and copper from old solar modules could meet up to 38 per cent of the raw material demand for India’s solar manufacturing sector. Simultaneously, it could reduce 37 million tonnes of carbon emissions by minimising reliance on virgin inputs. At present, India’s solar recycling industry is still at the developmental stage, with only a few commercial recyclers in operation. The twin CEEW...
India seeks fairer market access for steel and aluminium in US-EU talks
India’s engineering exporters have raised a fresh concern over widening tariff gaps that are eroding the country’s competitiveness in key Western markets. On November 10 2025, the Engineering Export Promotion Council of India (EEPC India) urged the government to place steel and aluminium products, especially those made by MSMEs, at the centre of ongoing bilateral trade talks with the US. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Pressure from US Section 232 tariffs EEPC India said the 50 per cent US tariffs under Section 232 have significantly impacted engineering exports, deepening the disadvantage for Indian manufacturers. The tariff gap with global competitors has now widened to an average of 30 per cent, the council noted, warning...
Maan Aluminium plans INR 8.32B fundraising via preferential share issue
Recently, Maan Aluminium has announced plans to accumulate INR 8.319 billion (USD 100 million approx.) through a preferential allotment of 5.9 million equity shares, priced at INR 141 (USD 1.70 approx) per share. The proposal will be discussed for shareholders’ approval at an Extraordinary General Meeting (EGM) scheduled for 29 November 2025. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain According to the company, the capital will be channelled towards key growth initiatives. Around INR 4 billion will go into aluminium extrusion projects aimed at expanding manufacturing capacity and modernising existing infrastructure. Additionally, an INR 2.8 billion (USD 33.73 million approx.) will be allocated towards capital requirements, while INR...
Coca-Cola collaborates with Return-It to launch reverse vending machine pilot in Australia
Global beverage firm Coca-Cola Europacific Partners (CCEP) Australia has initiated the introduction of reverse vending machines (RVMs) at its major manufacturing sites, like Moorabbin in Victoria. The unit is located within the Moorabbin facility, close to where bottles and cans are produced, effectively closing the loop on-site. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain A reverse vending machine collects empty plastic, aluminium cans, and glass bottles. These items are then directed into the recycling stream. Users typically receive deposit refunds, vouchers, or other rewards, a model that has already proven effective globally. Partnership with Return-It strengthens CDS Vic The trial is being run with Return-It, the eastern zone...
Chinalco Southwest Aluminium signs deal with SMS Group for aluminium hot-strip mill
Chinalco Southwest Aluminium has reportedly entered into a business contract with SMS group to secure a new 1+4 aluminium hot-strip mill. The new facility will be installed at a plant currently under construction near the company’s existing operations in Xipeng, China. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Li Yong, chairman of Southwest Aluminium, said the new order reflects the growing collaboration between the two companies. He added that the partnership - built on trust and earlier successful projects - will enable the firm to widen its product range and respond more effectively to customer demands. Li described the investment as a step towards maintaining world-class manufacturing standards and strengthening long-term...
Trivium Packaging bags four Cans of the Year awards
Trivium Packaging, a company specialised in making sustainable metal packaging, has recently won four Cans of the Year Awards in four distinct categories- one Gold, one Silver, and two Bronze. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The refillable beverage bottle manufactured for Cliker has received the Gold award. The bottle is specially designed to incorporate the celebration of Argentina’s national football team, using 25 per cent recycled material. With the utilisation of recycled material, the bottle not only enhances its sustainable goals but also delivers a sense of cultural relevance. The Axe Fine Fragrance can has secured the Silver award in the Aerosols category for the use of advanced aluminium alloy. It has reduced the...
Nature Communications study reveals concrete-inspired aluminium composite with high heat resistance
Scientists have found a new method to make aluminium more resistant to high temperatures. The work, published in Nature Communications, takes its cue from reinforced concrete. Leveraging 3D printing and micro-casting, the team developed aluminium composites that behave like rebar-strengthened concrete but entirely in metal form. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The problem with regular aluminium alloys is that they tend to get weak once temperatures go beyond 300°C. As a result, they can’t be used in engines, aircraft, or structures that deal with high heat. However, the new aluminium design borrows reinforced concrete’s load-sharing principle: concrete handles pressure, while steel rods handle stretch. The researchers...
Hydro signs 10-year renewable power deal with Hafslund
Hydro Energi AS, a leading aluminium producer, has signed a new long-term power purchase agreement (PPA) with Hafslund Kraft AS that will supply 3.5 TWh of renewable electricity between 2031 and 2040. The deal secures 350 GWh per year for Hydro’s Norwegian smelter system, with delivery fixed in price area NO3. This adds another building block to Hydro’s long-running effort to lock in stable, green power for energy-intensive aluminium production. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain A strategic contract in a tightening Nordic power market Long-term PPAs of this scale are becoming rarer in the Nordic region as hydrology grows more volatile and as developers weigh merchant exposure against fixed-price agreements. Hydro’s decision to...
Lodestar Minerals strengthens US rare earth strategy with key industry appointments
Lodestar Minerals Limited (ASX:LSR) has lately taken a significant step in its critical minerals strategy by appointing two experienced professionals from the world’s top rare earth companies. The move marks a shift in Lodestar’s focus towards growth in the United States. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The company has appointed Andy Martinez from MP Materials and Dayo Odunade from Lynas Rare Earths. Their arrival follows Lodestar’s recent plan to acquire the Virgin Mountain Heavy Rare Earth Project in Arizona. This development comes at a time when investment in critical minerals is vital. The Pentagon has allocated USD 400 million to MP Materials, while Apple has committed a further USD 500 million in July 2025. Heavy rare...
Aluminium slips to two-week low at LME amidst global market uncertainty
Aluminium prices moved lower on the London Metal Exchange (LME) on Thursday, November 7, reaching a two-week low as weakness in global equities weighed on sentiment across base metals. The decline came even as prospects for demand in China, the world’s biggest producer, continued to look firm. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain Benchmark aluminium on the London Metal Exchange (LME) slipped 0.4 per cent to USD 2,838.50 a tonne by 1619 GMT on Thursday, having earlier touched USD 2,831.50, the lowest since 23 October. Prices were up earlier in the day but reversed course after Wall Street’s major indexes fell, with technology shares facing renewed selling. Alastair Munro, senior metals strategist at Marex, said that uncertainty...
80% of waste, including aluminium packaging, goes into landfills in Greece
Greece has invested billions of euros in recycling infrastructure and run dozens of awareness campaigns, filling cities with blue bins for plastic and aluminium packaging, green bins for paper, and dedicated collection points for batteries and electrical appliances. Despite this visible push and widespread sorting points across neighbourhoods and retail stores, the country still struggles to shift public habits and landfill dependency. Yet around 79 per cent of municipal waste is still buried, according to figures from the Association of Recycling and Energy Recovery Industries and Enterprises (SEPAN). Recycling barely reaches 17 per cent, making Greece one of Europe’s weakest performers. SEPAN president Lena Belsi summed up the contradiction. “Burial is the easiest and cheapest solution...
Kaiser Aluminium expands Trentwood operations after pandemic pause with a USD 25 million investment
Kaiser Aluminum Corporation has completed a USD 25 million expansion at its Trentwood rolling mill in Spokane Valley, marking another step in the company’s two-decade-long investment programme at the site. The project follows a pause during the pandemic and brings the total investment in the plant to about USD 415 million since 2005. The latest phase expands one of the mill’s heat-treating furnaces, increasing output by around 5 per cent, according to Kevin Barron, vice president of manufacturing. He described the project as an efficiency upgrade that keeps staffing steady at about 1,000 full-time employees. Explore- Most accurate data to drive business decisions with 50+ reports across the value chain The work was carried out within the existing 65-acre facility, which sits on 565 acres...
