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....
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Aluminium Co. of Egypt (Egyptalum), a subsidiary of the Metallurgical Industries Company and a leading player in the aluminium industry, has announced its fiscal results for the first quarter of FY2024-25 ended September 30, highlighting a striking increase in net profit and revenue. Image Source:...
China’s aluminium production in October 2024 (31 calendar days) saw a year-on-year increase of 1.69 per cent and a month-on-month rise of 3.58 per cent, attributed to capacities back to operations in early October after technical renovations. However, some smelters unexpectedly delaying capacity...
National Aluminium Company Limited (NALCO), the Navratna CPSE under the Ministry of Mines, has announced the second quarter fiscal results for FY2024-25, wherein it has posted a fourfold growth in net profit. From INR 206 crore (US$24.4 million) in Q2 FY2023-24, the company’s net profit this year...
Aluminium Bahrain B.S.C. (Alba) swiftly contained a minor industrial fire that broke out at a power rectiformer supplying its Reduction Line 1 in the early hours of November 13, 2024. Thanks to the immediate response of Alba’s dedicated teams and adherence to rigorous safety protocols, no personnel...
The Indian aluminium industry has once again knocked the government to remind about the increase of import duties on primary and downstream aluminium and to raise customs duty on aluminium scrap to restrict the inflow of low-quality scrap into the country. This urge to the government time and again...
An industry group stated on November 13, 2024, that increased use of aluminium and recycled copper could assist China in managing its limited copper resources. This is because Chinese smelters face profit challenges due to constrained copper concentrate supplies. Ge Honglin, Chairman of the China...
Aluminium Bahrain B.S.C. (Alba) has reported a twofold increase in its Q3 profit for the calendar year ending December 31, 2024. Registering a 215 per cent hike Y-o-Y, Alba’s profit in the September quarter stood at BD54.5 million (US$145 million) versus BD17.3 million (US$46 million) in Q3 2023....
The Federal Government has facilitated signing a $3.5 billion agreement between BFI Group and China National Chemical Engineering Corporation (CNCEC) to revive the Aluminium Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State. The agreement, signed on Monday, November 11, aims to...
Ali Al Baqali, the chief executive officer of Aluminium Bahrain B.S.C. (Alba), has reportedly expressed his strong belief in an interview with Mubaseher Info that the company is going to become one of the biggest aluminium companies in the world, targeting diverse markets beyond Asia. Image Source:...
Gautam Adani led Adani Group has declared an investment of over US$5 billion in setting up aluminium and steel businesses along with ramping up copper production in India. This is the second time that the group has invested such megabucks in the metal industry, wherein, for the first time in 2022,...
Hindalco Industries Limited, the Aditya Birla Group metals flagship and one of India's biggest aluminium manufacturing companies has announced the second quarter results for the fiscal year 2024-25, reporting a year-on-year hike of 7.45 per cent in revenue from operations. From INR 54,169 crore...
Iran's state-run metals and mining company IMIDRO announced on November 10 that the cumulative aluminium ingot output in four principal smelters in the country of South Aluminum Corporation, IRALCO, Almahdi Aluminium Company, and Iran Alumina Company attained 352,423 tonnes in the first seven...
This week has brought notable progress in the upstream sector of the aluminium industry, encompassing bauxite, alumina, and primary aluminium. Australia's Metro Mining sets a new monthly record for bauxite shipments in October, reaching 69.5 per cent of its annual target. A key highlight was the...
The 20th ALUMINIUM CHINA will take place from July 9-11, 2025, at the Shanghai New International Expo Centre (SNIEC). Organized by RX China, the event will feature over 600 diverse exhibitors showcasing the entire aluminium industry chain. With the theme "Aspirational·Limitless·Unique: 20 Years of...
Jiaxin New Materials Company has conducted a trial production of its new 7-series high-end aluminium alloy round ingot product. The development of this much-awaited product marks a significant milestone for the China-based company. The newly developed product is a high-strength aluminium alloy with...
The International Committee for Study of Bauxite, Alumina, and Aluminium (ICSOBA) hosted its 42nd International Conference and Exhibition in Lyon, France, from October 27 to 31, 2024, at the Lyon Convention Centre and the adjacent Marriott Hotel. With its rich history and cultural heritage, Lyon...
The intelligent control R&D team at the Zhengzhou Research Institute of Chinalco has successfully developed and implemented a Remote Centralised Control System for cranes in raw material warehouses, which has passed enterprise-level acceptance with high praise from experts. Addressing challenges...
Donald Trump returning to the White House as the 47th President of the United States after winning the 2024 election against Kamala Harris is already raising speculations about global trade policies and economic measures for the ensuing time. This especially comes after his protectionist regime as...
