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Packaging sales are up, profits are down: Toyo Seikan faces aluminium cost squeeze as raw materials prices climb 33.1%
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Packaging sales are up, profits are down: Toyo Seikan faces aluminium cost squeeze as raw materials prices climb 33.1%

Toyo Seikan Group Holdings reported a 7.7 per cent year-on-year decline in operating profit from its packaging business in the first half of FY2026, as rising raw material and energy costs continued to weigh on profitability despite higher sales. The Japanese packaging manufacturer recorded a 33.1 per cent increase in its LME aluminium price benchmark during the period, highlighting the cost pressures facing packaging producers amid elevated commodity prices. According to the company's financial results released on November 9, 2026, the LME aluminium price averaged USD 3,380 per tonne during April-September 2026, compared with USD 2,540 per tonne in the corresponding period of FY2025. Although the actual price was below the company's August forecast of USD 3,510 per tonne, it remained...

Molson Coors faces $30m Midwest Premium hit as Q3 results disappoint
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Molson Coors faces $30m Midwest Premium hit as Q3 results disappoint

Molson Coors Beverage Company reported a USD 30 million unfavourable impact from Midwest Premium pricing in the third quarter, adding to inflationary pressures across materials, logistics and manufacturing expenses. The brewing company also reported lower-than-expected revenue and reduced its full-year financial outlook, sending its shares down 3.36 per cent in pre-market trading on Thursday. The company reported net sales of USD 2.93 billion for the third quarter, falling short of analysts' expectations of USD 2.94 billion. Revenue declined 1.6 per cent compared with the corresponding period last year, while sales decreased 1.2 per cent on a constant currency basis. The decline was primarily driven by a 3.0 per cent fall in financial volume, partly offset by favourable pricing and sales...

Amazon Kindle made of aluminium features recycled metal, premium design and replaceable battery
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Amazon Kindle made of aluminium features recycled metal, premium design and replaceable battery

Amazon's Kindle made of aluminium introduces recycled aluminium into its entry-level e-reader range, highlighting the metal's growing application in consumer electronics. The aluminium-backed model combines a rigid metallic construction with a matte finish, built-in magnets for folio covers and a design that allows users to replace the battery. Compared with the standard plastic Kindle (2026), the aluminium version also offers additional storage and an ad-free lock screen. The Kindle made of aluminium features a rigid, matte-finished metal chassis that provides a premium appearance while eliminating body flex and naturally resisting oily fingerprint marks. Its construction incorporates built-in magnets on the back for attaching snap-on folio covers, while accessible external Torx screws...

AL Circle Analysis: 278% China-US FRP rise, $692m Germany-France FRP trade, India’s 300m-can gap draw aluminium map
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AL Circle Analysis: 278% China-US FRP rise, $692m Germany-France FRP trade, India’s 300m-can gap draw aluminium map

Downstream aluminium is where geopolitics meets the shop floor. Tariffs, shipping disruption, regulation and shifting demand are deciding who rolls the metal, who gets it and what it becomes, whether a beer can, a battery housing or a length of wire. Fifteen recent developments across North America, Europe, Asia, the Middle East and Oceania depict how aluminium flat rolled products (FRPs), packaging and electric vehicle (EV) demand are being rerouted, and where traders, exporters and buyers may need to adjust. Aluminium FRP and wire: tariffs and policy redraw the flows The tariff debate has reached the bar counter. In Virginia, Democrat Tom Perriello is campaigning on aluminium tariffs that he says raise brewers’ packaging costs. Across the border, a Windsor, Ontario brewery reports its...

A sunnier future for Egyptian aluminium: Egyptalum's aluminium decarbonisation drive advances as Scatec begins 569 MW solar project
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A sunnier future for Egyptian aluminium: Egyptalum's aluminium decarbonisation drive advances as Scatec begins 569 MW solar project

Scatec has begun construction of the first phase of a major solar power project that will supply renewable electricity to the Aluminium Company of Egypt (Egyptalum), advancing the Egyptian producer's efforts to reduce the carbon footprint of its aluminium operations. The first phase of the Dandara Solar Power project comprises a 569 MW solar plant supported by a 100-MWh battery energy storage system. The Norwegian renewable energy company has also signed loan agreements to finance the development, which was first announced in 2025. Under a 25-year power purchase agreement, the facility will supply clean electricity to Egyptalum. Once operational, the first phase is expected to generate approximately 1.4 TWh of renewable power annually and avoid more than 550,000 tonnes of carbon dioxide...

Can aluminum keep AI cool in space? Elon Musk says 1,300 W per square meter of aluminum makes it possible
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Can aluminum keep AI cool in space? Elon Musk says 1,300 W per square meter of aluminum makes it possible

SpaceX CEO Elon Musk has defended the feasibility of cooling artificial intelligence (AI) data centers in space, claiming that aluminum radiators facing away from the Sun can dissipate approximately 1,300 watts of heat per square meter. His comments have brought Aluminum's thermal management capabilities into focus as SpaceX explores the development of orbital computing satellites powered by its existing Starlink technology. In a post on social platform X on November 2, Musk argued that cooling high-performance computing equipment in space could be "much easier than on Earth," challenging concerns that the vacuum environment would make heat dissipation particularly difficult. Aluminum radiators form the basis of Musk's cooling argument The discussion began after Jan Broersen, a professor...

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