Century Aluminum’s proposed USD 4 billion primary aluminum smelter in Inola, Oklahoma, is “moving forward on all fronts” as the company prepares for construction, despite local opposition and legal challenges, CEO Jesse Gary said during the company’s third-quarter earnings call. Developed jointly by Century Aluminum and Emirates Global Aluminium (EGA), the project is designed to produce 750,000 tonnes of primary aluminum annually, potentially doubling U.S. primary aluminum production. The facility is expected to create thousands of direct and indirect jobs and add USD 1.5 billion to Oklahoma’s gross domestic product, according to company estimates. The partners had targeted construction to begin by the end of 2026. However, local restrictions and permitting challenges have affected the...
LME aluminium stocks declined by more than half during the first nine months of 2026, falling by 267,875 tonnes from 509,250 tonnes on January 2 to 241,375 tonnes on September 30 (52.6 per cent). The decline continued throughout the period, with average warehouse inventories falling each month. Compared with the same period in 2025, monthly average stocks were lower across all nine months, with the gap widening in the third quarter. Q1 LME aluminium stocks fall 18.2 per cent LME aluminium inventories continued to decline during Q1 2026. Month-end stocks fell from 495,725 tonnes in January to 465,550 tonnes in February, before dropping further to 416,775 tonnes in March. Monthly average inventories stood at 498,670 tonnes in January, 481,801 tonnes in February and 440,710 tonnes in March....
Grow with
AL Circle
Reuters reported that aluminum stocks held at three major Japanese ports at the end of May rose to 7 month high, reflecting inflows from delayed deliveries and also a rise in imports. An official at trading house Marubeni Corporation said that aluminum stocks at the ports came to 225,400 tonnes at the end of May up 6,300 tonnes or 2.9% from a month earlier which collects data from the key ports of Yokohama, Nagoya and Osaka. The stocks rose for the second month in a row after rising in April for the first time in 4 months. The May level was the highest since stocks stood at 225,800 tonnes in October. The official said that a rise in aluminum stocks in Nagoya, central Japan, was due to a slight increase in imports from Australia, as well as deliveries delayed from April to May. He said...
Norsk Hydro's (NHY.OL: Quote) chief financial officer said on Tuesday that financing deals were helping to drive aluminium prices but they still had performed poorly compared with other base metals. "There seems to be a willingness to invest in these inventories to keep them off the market, with returns that can be locked in, therefore you have the prices that you have," Jorgen Rostrup told the CRU World Aluminium Conference in Barcelona. "It is still a tight aluminium balance in the physical market. That is part of what sets the price, but obviously the price is also set by financial things," he added. Metal industry sources estimate these deals have tied up a hefty 70 percent or 3.3 million tonnes of record high aluminium stocks -- 4.7 million tonnes in London Metal Exchange-registered...
In the coming three years, around 5000 new jobs will be created. Officially, some 1400 jobseekers are registered with the Labor Ministry (ATM). Yet ATM Minister Ginmardo Kromosoeto does not expect these new jobs to put unemployment levels at zero. The expansion of the aluminum refinery will create some 1500 new jobs and the construction of 18,000 new houses around 1000. Investments in the agrarian sector will also create some 1000 new jobs, while the start of the Newmont gold company and the infrastructure projects will add another 1500. “There are people looking for other types of work than in agriculture and mining”, the ATM Minister replies when asked whether the 5000 new jobs will mean an end to unemployment. “There will always be some unemployment.” DWT spoke with Minister Kromosoeto...
High bath levels can result in ring erosion of anode stubs. The same effect also occurs when anode life is extended by lowering the rod further into the pot that would normally be the case. Smelters which buy their anodes from third parties have a good economic reason to extend anode life, minimising the quantity of butt to be returned or otherwise disposed. Placing carbon collars around each stub is an accepted method to prevent ring erosion. VHE of Iceland has considerable expertise in the manufacture of automatic collar forming systems. The VHE collar forming machine is fully automatic. The machine has a fast throughput and may be easily accommodated in existing rodding plants. The machine is able to handle card and aluminium, loaded as a coil and automatically fed, cut to length, then...
Aluminium Bahrain B.S.C. (Alba) welcomed a group of students from the University of Bahrain (UOB) for an extensive tour of the plant on Wednesday, June 8, 2011. The students - who were majoring in physics - were given a demonstration of the state-of-the-art technologies used in the production process as well as briefed on Alba's environmental safeguards and commitment to safety. Alba's HR & Training Manager Abdul Rahman Janahi met the UOB students who were accompanied by Dr. Mohamed Bououdina. Commenting on the visit of the UOB students, Alba's Chief Executive Laurent Schmitt said: "Alba values tremendously opportunities to share its experience and expertise with students from Bahrain especially those from UOB. These students will be the kingdom's future leaders and we hope that visits...
Aluminum inventories tracked by the London Metal Exchange fell the most since November, daily exchange figures showed today. Aluminum stockpiles fell 9,000 metric tons, or 0.2 percent, to 4.64 million tons, the most since Nov. 10, led by declines in the U.S. and South Korea. Inventories fell for three straight weeks. Total canceled warrants, or orders to draw aluminum from LME stocks, rose 2,175 tons to 529,225 tons. Copper inventories dropped for the first time in six days, falling 2,175 tons to 475,750 tons. The biggest declines were registered in Busan, South Korea, where inventories fell 1,475 tons to 66,200 tons. Stockpiles climbed to the highest level since May 2010 last week. Canceled warrants fell 1,425 tons to 18,775 tons. Lead stocks fell 375 tons to 321,825 tons, while zinc...
Alcoa announced today that architectural aluminum products from its Kawneer UK business will be used on the Halo Tower in London, that, when finished, will be one of the tallest residential buildings in London, offering panoramic views of the City and Olympic Park. Kawneer’s AA®201 unitized curtain walling is currently being installed on the 4th to the 43rd floor of the Halo Tower, and Kawneer’s traditional AA®110 curtain walling will be featured on the ground to third floor levels. “Kawneer’s AA®201 curtain walling is ideal for fast-paced construction projects like Halo Tower, said Sean Butler, Sales & Marketing Director, Kawneer UK. “Architects like the AA?201 system because it can be installed efficiently and no scaffolding is needed. It is easy to fabricate and provides superior...
MHM Metals Ltd's (MHM) shares shot up after it signed a contract for at least 1,500 tonnes a month of aluminium oxide off-take for its aluminium salt slag processing business. The resources company, formerly known as Macquarie Harbour Mining, says its new deal with Impex Minerals Pty Ltd to take the off take of its aluminium oxide product, AL80, is a major event for the global aluminium industry. Salt slag is a waste product generated by the aluminium industry and MHM uses technology to separate it into aluminium metal, aluminium oxide and a salt-and-potassium chloride blend. The waste product has traditionally been disposed of as landfill, but MHM says its technology eliminates that, helping the environment.
Campuses across the country could run electric postal vans if the department of science and technology (DST) makes IISc's innovative electric postal van a model. Researchers at IISc's Centre for Product Design and Manufacturing are excited by the idea of approaching DST while already having approached a few private companies to commercialize their in-house product. To keep IISc campus green and clean and save energy, which can be the case with all campuses in the country, researchers led by Prof Anindya Deb have designed an electric postal van that will begin operations in two months time. Deb explains the van is special for two reasons. "The van has been made based on the unique space frame body design. In simple terms, it is a lightweight van made out of aluminium tubes integrated...
For the third consecutive day, more than 1,000 employees of Egypt’s Aluminium are staging a sit-in at the company’s premises in Naga Hammadi, Upper Egypt, demanding raises in wages and bonus payments. "Sayed Abdel Wahab [the company's CEO] is the only person that can solve the situation,” says Effat Bahig, one of the workers taking part. Protesters are making several demands, among them an increase in bonus payments, a restructuring of financial allowances, jobs for their sons and the resignation of administrative managerial director, Abdel-Razak Morsy. Bahig complains that the company's administration hasn’t shown any interest in the workers’ demands and isn’t taking the sit-in seriously. "The army is securing the sit-in but there's nothing more they can do,” Bahig says. According to...
The world will get a further insight into the workings of Swiss-based global commodities trader Glencore International when it outlines its business dealings for the first three months of 2011 on Tuesday (4 pm Sydney time, June 14). It will be the first interim management statement since Glencore went public last month, when it raised close to $US10 billion with an initial share offer that valued the company at just over $US59 billion. In its IPO prospectus, Glencore revealed it had turnover of $US145 billion for the 2010 calendar year, ranking it second among the big commodities traders. No. 1 is Dutch-based Vitol, which turnoved over $US195 billion in 2010. Trafigura, the other big independent trader – also based in the Netherlands – had turnover of about $US80 billion last year....
Aluminium prices are likely to remain in a range of $2,500 to $2,700 a tonne for at least the next two-three months, National Aluminium Company Limited (NALCO) said on Friday. "We believe that in the short term in next two to three months the prices should remain range-bound between $2,500 and $2,700," BL Bagra, NALCO chairman-cum-managing director, said. NALCO is county's third largest aluminium producer. Although it is a small player in the global metal market, its sales prices serve as an international benchmark.
Vedanta Aluminium Ltd (VAL), a unit of Anil Agarwal-led Vedanta Resources PLC, will invest about Rs 10,000 crore to complete its aluminium smelter and independent power plants at Jharsuguda. The company has so far invested around Rs 40,000-crore in its Lanjigarh and Jharsuguda projects in Orissa. It has set up a greenfield alumina refinery with a capacity of 1-million tons at Lanjigarh in Kalahandi. "We have so far invested around Rs 40,000-crore in Orissa and will invest about Rs 10,000 crore to complete the ongoing smelter and powr projects at Jharsuguda", VAL president and CEO, Dr Mukesh Kumar on Sunday told "The ET" over telephone from Lanjigarh. Incidentally, VAL had lined up investment of Rs one lakh crore its Orissa including the Vedanta University at Puri and expansion of...
More than 1,000 employees of Egypt’s Aluminum are continuing their sit-in at company headquarters in Naga Hammadi, Qena demanding concessions from Sayed Abdel-Wahab, firm chairman and CEO. "The protests started on Saturday when we were just a few dozen," says Effat Bahig, one of the workers taking part. Protesters are making several demands, among them an increase in bonus payments, a restructuring of financial allowances, jobs for their sons and the resignation of administrative managerial director, Abdel-Razak Morsy. "There was a ministerial decision to raise wages of workers in 2003, we want to apply this decree retroactively," says Bahig, adding that the current chairman refuses to negotiate with them. "He is in Cairo not in Qena," he says. Egypt's Aluminium management deny the...
Chinese aluminum prices may be capped by record production and weaker demand over the coming two months as new capacity comes online, which could lead to a boost semi-finished product exports, industry sources said on Thursday. Monthly production in China, the world's top producer and consumer of primary aluminum, is expected to reach fresh record highs in June and July as an estimated 1.5 million tonnes of new annual capacity is slated to come on stream. "Chinese aluminum prices are unlikely to rise in the coming two months," said Heng Kun, senior analyst at Essence Securities in Shanghai, citing the new capacity. Data from the national Bureau of Statistics showed that China's aluminum output hit a monthly record of 1.46 million tonnes in April. China produced 8.2 million tonnes of...
Reuters reported that Aluminum Corporation of China has taken 45% majority stake in a rare earth JV in Jiangsu province, boosting such assets, which is part the firm's strategic development plan. Mr Yuan Li spokesman of Chinalco said that a company spokesman said that Chinalco which is China's top aluminum producer and the parent of Hong Kong and Shanghai listed Chalco has no immediate plans to inject the rare earth assets into the listed aluminum arm. For now, we don't have such a plan. But developing rare earth is part of Chinalco's strategic development plan. Mr Yuan said that he was not completely aware whether or not Chinalco would consider a plan to inject rare earth assets into the listed arm in the future. Chinalco's rare earth arm and 6 Jiangsu based firms jointly set up Chinalco...
Azom reported that the all aluminum MPE absorber project which was a joint entry by Hydro and Savo Solar won as best innovation in the category for solar thermal technology. The award was presented on the opening day of Intersolar Europe 2011, the world's largest trade fair for solar technologies. Hydro's aluminum tubing business sector cooperated on the project together with the Finnish company, contributing materials and expertise. This included the multi port extrusions and headers, using the HyLife Solar aluminum alloy which Hydro developed especially for solar applications. Hydro's Mr Patrick Jansson said that the prize winning project has several aspects new to the solar thermal market. Aluminum is a new material in the field and this application uses a new absorber design with MPE...
The key players in the UAE's primary aluminium industry Dubai Aluminium Company Limited (Dubal) and Emirates Aluminium Company Limited (Emal) will participate jointly at the Commodity Research Unit's 16th World Aluminium Conference (CRU 2011), which takes place in Barcelona, Spain from 13 to 15 June this year. Widely acknowledged as 'the world's authoritative aluminium events for senior executives', the annual series of CRU World Aluminium Conferences regularly attract senior executives from the aluminium industry across the world, ensuring a superb platform for DUBAL and Emal to promote both their respective companies and Dubal's proprietary world-leading DX Reduction Technology that has been implemented on industrial scale at Emal Phase I. In addition to a combined stand in the...
