AlCircle News Edited By "Trisha Hazra"
Trisha Hazra is a rising digital marketing enthusiast who is passionate about writing and content creation. She is pursuing an MBA in Digital Marketing and is on a journey to blend creativity and aluminium with strategic insights.
GIADEC sets policy framework for Ghana's downstream aluminium industry to eliminate cable theft
With the rising concern about scrap theft, like cable, the Ghana Integrated Aluminium Development Corporation (GIADEC), an agency under the Ministry of Lands and Natural Resources, with the sector Minister, Hon. Emmanuel Armah-Kofi Buah, is looking to develop a legislative policy framework. With this framework, the agency is looking forward to regulating the downstream aluminium sector in Ghana. Image source: IndiaMART The need for this regulation rose from the ongoing aluminium product and cable thefts in Ghana, which have recently been exposed by the Electricity Company of Ghana. This has created a critical vulnerability within Ghana's industrial landscape. Due to this, Ghana is not only facing economic losses in terms of businesses and state entities but also creating disruption within...
US revokes 25% tariff on aluminium from UK, 10% reciprocal remains intact
Great news for all the players directly or indirectly involved with the United Kingdom's aluminium and steel industry. On May 8, 2025, both the United States and the United Kingdom announced a limited trade agreement, highlighting the tariffs imposed by US President Donald Trump in the beginning of 2025. This agreement is referred to as the "Economic Prosperity Deal" where the US has revoked the 25 per cent tariff imposed on importing aluminium and steel from the UK. Image source: UK steel The US has always recognised the security initiated by the UK in order to mitigate the global stress over the excess capacity and had proposed an alternative arrangement for the aluminium and steel. As a response the White House stated that they are ready to forge a deal that will create a new trading...
Rusal issues exchange-traded bonds, making a strategic move to raise capital
United Company (UC) Rusal, the world's second-largest aluminium company by primary production output, has announced the issuance of non-documentary interest-bearing non-convertible exchange-traded bonds under the BO-001P-14 series. With over 11 million bond pieces, each has a nominal value of RMB 1,000. The firm has set a maturity date of 728 days, which will begin from the start of the bond placements. Is this a strategic financial decision? Image source: wikipedia.com The firm has issued nearly 11 million bonds, a strategic financial move for raising capital via an open subscription made under the Moscow Exchange. These bonds of the firm have been included under the "Second level" section of Moscow's Exchange list of securities, which is also subject to trading. By listing on the Moscow...
NALCO’s stock price witnessed an upward trend on May 14, 2025
As of May 14, 2025, the share price of National Aluminium Company (NALCO) had witnessed a rise of 4.92 per cent, where the price stood at INR 173.48 (USD 2.08) as of 15:30 IST. The increase in the firm's stock price shows a positive upward trend during the current trading period. Is this an indication of the upward trend prevailing in the Indian aluminium industry? Image source: iStock Indian major aluminium key players have witnessed an increased stock price, which includes NALCO, Hindalco and Vedanta. However, among these key players, NALCO is deemed to have an increased stock price daily till May 14. On May 12, 2025, NALCO's share price went up by 7.12 per cent , trading at INR 168 (USD 1.98) from its previous close on May 10, 2025. This intraday performance indicates strong market...
EGA is time ahead with 50% completion of its new aluminium recycling plant
With the global demand for recycled aluminium surging, what holds the future of the UAE's recycled aluminium? Owing to this, Emirates Global Aluminium (EGA) has been constructing the largest aluminium recycling plant in UAE which commenced on November 21, 2023. On May 13, 2025, the firm announced the completion of 50 per cent of the construction, 42 days ahead of the scheduled timeline. The project, slated to come into operation in 2026 , will be the largest recycling plant in the UAE. Image source: media.ega.ae This recycling plant is built next to another smelter plant of the firm in Al Taweelah. The construction of the new recycling plant will enable the firm to recycle approximately 170,000 tonnes per year. At the milestone of completing 50 per cent of the plant construction, a total...
Rio Tinto and Sumitomo Metal Mining comes together for the long-awaited Winu Project
They say "Old is Gold". Well, this is indeed true for the brands in question as Rio Tinto and Sumitomo Metal Mining (SMM), who are old allies since 2000, have signed a definitive agreement for conducting the Winu Project joint venture. The striking partnership between the two firms emerged for delivering the Winu copper-gold project based in the Great Sandy Desert region of Western Australia. What's this project going to hold for the mining industry globally? Image source: weforum.org Rio Tinto, a British-Australian multinational company also known to be the world's second-largest metal and mining corporation, had discovered a long-life copper-gold deposit back in 2017. Owing to those deposits discovered, the Winu Project came into the light, making the discovery an opportunity to expand...
Uno Minda’s new plant setup to roar in the Indian market with its two-wheeler alloy wheels
A global leader-manufacturer of proprietary automotive solutions and systems, Uno Minda, announced on May 9, 2025, its plan to develop a new manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana. For the successful development of the new manufacturing plant, the board of directors have approved the total investment of INR 200 crore (USD 24.39 million). Image source: Autocar Professionals The firm reports that the new manufacturing plant has been strategically set up in Haryana as it will aid them in meeting the growing demand as well as in delivering the recent orders. As of now, the existing plant in Bawal has an installed annual production capacity of 1.5 million alloy wheels. The new plant in Bawal, Haryana, is expected to be operational in the second quarter of the...
This National Technology Day, Vedanta is set to empower India's engineering sector with aluminium & zinc
A leading Indian producer of energy transition metal, Vedanta Group, on National Technology Day, i.e., May 10, 2025, promised to power India's technology and engineering sector. The firm aims to increase production of the transition metals alongside the value-added products. With this focus, the company is undertaking the expansion of its aluminium and zinc products, which shall further include a 30,000 tonnes per annum (kilo-tonnes per annum) plant of zinc alloys. Image source: Adobe The plan ahead Concerning the aluminium sector, Vedanta is looking forward to strategically increasing the share of its value-added products by over 90 per cent as their short-term plan. For this, the firm's board has permitted a total investment of USD 105 billion to support capacity expansion of both...
Coca-Cola x Keep Louisiana Beautiful's “Love the Boot” recovered 16,503 cans and bottles from the landfill
Keep Louisiana Beautiful (KLB), an agency under the Office of the Lieutenant Governor, US, had initiated "Love the Boot Week" from April 5 to 13, 2025, for the annual litter removal and beautification. For this initiative to succeed, Coca-Cola partnered with KLB to recycle aluminium cans and plastic bottles, facilitated by the Osprey Initiative. Owing to this initiative, a total of 16,503 aluminium cans and plastic bottles have been recovered from the landfill, indicating an increase of 23 per cent from the previous year. Image source: keeplouisianabeautiful.org A little about Love the Boot Week This is regarded as one of the largest litter removal and beautification efforts, where the event is held in more than 64 parishes every year in April. The major aim of this event is to engage...
Expanding to US amidst trade tension, will Kam Pin Industrial face wits or woes?
Hong Kong-based aluminium company Kam Pin Industrial is expanding into the US market, urging overseas partners to remain their allies despite ongoing China-US trade tensions. Kam Pin Industrial is a rising leader in producing aluminium curtain walls for architectural exteriors. Image source: semi.org The multinational business established a certain international reputation due to its Dongguan production base in a neighbouring Guangdong province. This had been possible for the company because of its top-notch quality aluminium curtain walls. Adding to this, domestically as well as internationally, the lightweight feature of aluminium makes it highly demanding in the cladding for buildings, allowing versatile designs. The firm's extra innovation with the colour and aluminium used as...
Befesa sees 15% increase in their Q1 EBITDA Y-o-Y, showing upward trend for 2025
Befesa SA, based out of Luxembourg, a leading firm providing waste recycling services for the aluminium and steel industry, has shared its earnings for the first quarter of 2025. The company reported an upward graph wherein the earnings touched EUR 308.4 million (USD 350 million) compared to EUR 298.3 million (USD 338.5 million) a year ago. Image source: befesa.com The Y-o-Y operating cash flow of the company increased by 134 per cent, while the firm's net income and EPS (Earnings per share) witnessed an upward trend, growing by 97 per cent. Additionally, Befesa's EBITDA concerning the aluminium salt slag stood at EUR 9 million, indicating an increase of 32 per cent Y-o-Y. The company's adjusted EBITDA also increased by 15 per cent, reaching EUR 55.8 million (USD 63.3 million) in Q1 2025...
What is causing the closure of two Hydro sites? Does the US tariff create lean or tension?
On May 8, 2025, Hydro, a Norwegian aluminium and renewable energy company, announced the closure of two of its extrusion sites in the United Kingdom (UK) and France. Decreased demand and subdued recycling margins in the downstream aluminium market are the major causes behind the site closures. Image source: Wikipedia.com The two facilities that Hydro is planning to close include an anodising facility in Luce, France and an extrusion site in Birtley, UK. Apart from this, the firm is also planning to cut down nearly 30,000 tonnes of its recycling capabilities in Puget, France. The relevant people have informed that the closure at the Birtley site will be completed by the end of June, and the Luce site will be down by the end of September. The Luce facility manufactures around 62,000 tonnes...
Global aluminium demand is rising as efforts to cut greenhouse gas emissions and achieve decarbonisation increase
No matter what industry it is, the demand for aluminium is skyrocketing alongside the urge to attain products which are sustainable, recycled and environmentally friendly. Rising demand for aluminium is surging due to the sectoral shift towards reducing GHG emissions. Hence, rapid aluminium usage is done in the renewable energy sector and electric vehicles (EV). For this, China has set their production cap to 45 million tonnes as their initiative to achieve low-carbon production. In 2024, the global low-carbon aluminium production stood at 55.2 million tonnes indicating the rapid shift. Demand from renewable energy sector Key features of aluminium, likely corrosion-resistance, durability and lightweight strength, are contributing towards the global demand for the same in the renewable...
Insider report: USD 1.5B loss to hit Ford after Trump's latest tariff take
On May 5, 2025, Ford Motor Company suspended its annual guidance for stakeholders due to the rising uncertainty created by Trump's tariffs. As per the authorities, the current tariffs would levy the company with a loss of nearly USD 1.5 billion in adjusted earnings before interest and tax. Is it the beginning of the automobile industry's decline or rise? Image source: Yallamotor.com After the closure of the US stock trading sessions, the company's share was deemed to fall about 2.3 per cent in the after-hours trading session. In addition to this, the imposed tariff by Trump is determined to increase the overall cost for the year by more than USD 2.5 billion. The majority of the cost would be incurred while importing the automobiles from countries like China and Mexico. As of now, the...
Zeotech signs bauxite clay offtake MoU with China’s MSI for 5-year
An Australia-based emerging mineral processing technology company Zeotech has reportedly signed an offtake agreement with China-based international trading company Jiangsu Mineral Sources International (MSI) for the direct shipping of ore products like bauxite clay, pink cosmetic grade kaolin and low-iron kaolin. This agreement enables MSI to purchase these minerals from Zeotech, with specific quantities of each product for the next 5 years. The quantities of these products include 1.5 million tonnes of bauxitic clay, 150,000 tonnes of pink cosmetic grade kaolin and 800,000 tonnes of low-iron kaolin. The main focus of the MoU is diverged towards sustaining mining operations at Zeotech's Toondoon Kaolin Project in Queensland, Australia spanning over 28,000 hectares. The project focuses on...
India becomes richer in minerals including bauxite, with FY24-25 surpassing the production of FY23-24
It is time for India to emerge in grand celebration. India has yet again achieved the record-breaking milestone for producing rich minerals for the financial year 2024-25. This has been significantly possible for doubled output from the key industries and the non-ferrous minerals. Robust performance is witnessed in the bauxite and aluminium and other important minerals like iron ore, manganese and copper. Image source: ALS Global In FY24-25 (April to February), India's bauxite production stood at 22.7 million tonnes, showing an increase of 3.6 per cent from 21.9 million tonnes in FY23-24 (April to February). This reinstates India's position as one of the top bauxite producers, making it highly critical for the country's aluminium industry's robust growth. Within India's non-ferrous...
Microcap aluminium firm Sudal Industries hits a 52-week low with its stock price on a downtrend
A microcap company in the aluminium sector, Sudal Industries, has reportedly hit a 52-week low and is expected to show a downward trend, especially after a consequential drop witnessed in the last week. Currently, the company's long-term performance is said to be weak, with additional challenges faced in debt servicing and high promoter share pledges, irrespective of representing good financial results. Image source: RRBB As of May 5, 2025, Sudal Industries has hit the latest 52-week low at INR 33.65 (USD 0.40), indicating it to be highly unpredictable. The trend of the company shows a decline where the share prices are said to be underperforming below its sector at 1.88 per cent indicating a total of 149.63 per cent drop in comparison to the last six days. Nonetheless, Sensex has opened...
National Aluminium sees 3.01% upswing after two-day decline, long-term gains hold strong
On May 2, 2025, National Aluminium Company (NALCO) reported a gain of 3.01 per cent, a trend reversal after witnessing a decline for two consecutive days. However, the year-to-date performance of the company reflects a decline but is showing an increase in terms of the last five years. The company's stock had outperformed within its operating sector, showing a gain of 2.59 per cent connecting the sector's performance exceeding by 1.26 per cent. The stock price of the company reached INR 159.70 as of May 2, 2025 3:30 IST (USD 1.89), reflecting about a 2.66 per cent increase. Concerning the monthly averages, National Aluminium Company is representing an upward graph above its 50-day and 20-day moving averages. Nonetheless, the monthly averages are deemed to be lower than the 50-day, 100-day...
