Odisha Chief Minister Mohan Charan Majhi visited Emirates Global Aluminium’s (EGA) Jebel Ali site in Dubai, highlighting the strategic importance of the NALCO–EGA technology licensing partnership in strengthening Odisha’s aluminium industry. During the visit, Majhi emphasised how the collaboration...
Futures: The most-traded SHFE aluminium contract opened at RMB 24,310 per tonne in the night session on September 10, reached a high of RMB 24,310 per tonne and a low of RMB 24,075 per tonne, and closed at RMB 24,125 per tonne, down RMB 365 per tonne or 1.49 per cent from the previous close....
Grow with
AL Circle
RUSAL has cemented its position as the successor to the Russian and Soviet aluminium industry, consolidating leading facilities, innovative research, and cutting-edge technologies. Operating across four strategic business units—aluminium, alumina, energy, and mining and metals—the company's core...
Base metals prices on the London Metal Exchange (LME) showed positive trends, with nickel increasing by 1.61 per cent d-o-d. Meanwhile, inventories at LME-registered warehouses witnessed mixed trends, with zinc stocks decreasing by 1.32 per cent d-o-d. COMEX market update Copper prices on the COMEX...
The deadline for the proposed merger between Aluminium Bahrain (Alba) and subsidiaries of Saudi Arabia’s Ma’aden has been extended to the second quarter of 2025. Originally anticipated to be finalised in Q1 2025, the extension was disclosed in a statement to the Bahrain Bourse on 22 December 2024....
According to the Shanghai Metals Market survey, China’s unwrought aluminium alloy imports in November 2024 recorded a month-on-month decline of 11.6 per cent and a year-on-year fall of 8.8 per cent to reach 200,000 tonnes. The cumulative imports reached 1.1076 million tonnes, reflecting an annual...
Based on the latest data revealed by the International Aluminium Institute, the world's primary aluminium production is set to surpass the previous year's output, marking a new year's high. In December 2024, the world's primary aluminium output needs to achieve only above 4.194 tonnes to exceed the...
On Monday, December 23, aluminium (both primary and secondary) keeps climbing the pricing ladder at the Shanghai Metals Market (SMM). However, as per the SMM listing, alumina prices (both average and provincial pricing) remained stable, showing no changes from the previous week's closing session....
The primary aluminium sector in the upstream industry particularly captured significant attention this week with intriguing news and updates that may lead to a change in decision-making regarding metal buying and selling, investments in projects, and export or import commodities. In case you have...
Japanese industry giant Sumitomo Chemical has announced its decision to sell its 2.97 per cent stake in Nippon Amazon Aluminium Co., Ltd. (NAAC) to YKK AP Inc. The sale amount remains undisclosed. This move, coupled with the previously announced sale of shares in two overseas aluminium smelting...
Emirates Global Aluminium (EGA), the world’s leading ‘premium aluminium’ producer, is the first company in the Middle East to have joined the Aluminium Stewardship Initiative and the first one in the UAE to have sold its own industrial technology internationally. Among the many firsts, EGA is also...
South32 has provided a consequent update on the current situation at its Mozal Aluminium smelter in Mozambique, which had been facing operational disruptions due to civil unrest. Despite these challenges, the company has prioritised the safety of its workforce and has reported that there have been...
On December 20, 2024, a sudden development emerged as aluminium prices in the Shanghai Metals Market (SMM) witnessed a substantial surge. As of the latest trading session, the prices of both A00 aluminium ingot and aluminium alloy ingot have all seen notable increases. Image Source:...
The European aluminium industry is undergoing a significant transformation as sustainability becomes a top priority. With the need to reduce carbon emissions and use recyclable materials, aluminium is increasingly being used in various industrial sectors. In dedicated interviews published in our...
Aluminium and renewable energy company Hydro has announced a lump sum investment of NOK 200 million (US$17.66 million) to establish a new sow casting line at its Husnes site. This initiative aims to enhance the flexibility of the primary aluminium casthouse and is an essential part of Hydro's...
Shareholders of Century Aluminum (NASDAQ:CENX) are likely to express concern regarding the recent 13 per cent decline in the company's share price over the past month. However, this recent fluctuation does not overshadow the robust performance of the business over the last five years, during which...
Rio Tinto has appointed Georgie Bezette as its new Chief People Officer, succeeding James Martin, who will retire at the end of this year. Georgie, who joined the organisation in 2008, is currently Chief Operating Officer, People, responsible for the transformation of the People function in support...
The Aluminum Association, which represents companies that produce around 70 per cent of the primary aluminum as well as downstream products shipped in North America, has released a new policy brief outlining strategic priorities for the incoming US administration and Congress. The brief, titled...
Base metals prices on the London Metal Exchange (LME) showed negative trends, except for copper, which increased by 0.11 per cent d-o-d. Meanwhile, inventories at LME-registered warehouses witnessed outflows, with zinc stocks decreasing by 2.61 per cent d-o-d. COMEX market update Copper prices on...
In November 2024, China imported 280,000 tonnes of aluminium, including unwrought aluminium and aluminium products. The import volume reflected a double-digit fall, precisely 17.6 per cent, according to China customs data. Image Source: iStock Nonetheless, from January to November, the country’s...
