LME aluminium prices moved higher on October 23, with cash and futures contracts posting gains. The Asian Reference Price also advanced, while alumina Platts prices edged up further. Opening stocks and live warrants changed little, although cancelled warrants declined. The cash bid rose 0.33 per cent to USD 3,042.50 per tonne from USD 3,032.50 per tonne . The cash offer also increased 0.33 per cent to USD 3,043 per tonne from USD 3,033 per tonne. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook " Three-month aluminium prices also strengthened. The bid climbed 0.31 per cent to USD 3,017 per tonne from USD 3,007.50 per tonne, while the offer advanced...
The United States needs a stronger domestic primary aluminium industry to support national security, military equipment and critical infrastructure, according to an economic analysis by Adam Hersh, an economist and research fellow at the University of Massachusetts. Hersh presented the findings at a press event in Washington, D.C. He highlighted the need for domestic production of high-purity aluminium used in military applications. He said the US currently has no operating smelters capable of producing this specialised aluminium, leaving the country reliant on overseas supplies and exposed to possible supply disruptions. The report points to a major change in US aluminium production over the past 25 years. In 2000, the country accounted for around 15 per cent of global aluminium...
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The Canada Border Services Agency (CBSA) has expanded its trade compliance priorities to include closer scrutiny of aluminium imports and tariff classification claims, signalling increased verification of importers seeking relief under Canada's steel and aluminium surtax framework. The updated compliance priorities, released in July 2026, introduce new verification measures covering steel derivative goods, Chapter 99 tariff classifications and trade agreement compliance, while retaining several existing customs and origin verification programmes. CBSA increases scrutiny of aluminium surtax exemptions Among the new priorities is enhanced verification of importers claiming exemptions from Canada's steel and aluminium surtaxes by classifying goods under Chapter 99 of the Customs Tariff. The...
A Pentagon-led simulation has brought fresh attention to the US’ dependence on imported high-purity aluminium, a critical raw material used in military aircraft, armoured vehicles and other defence applications. Conducted months before recent disruptions spurred by the Middle East conflict, the exercise had the US aluminium supply chain in focus. It examined how the US aluminium supply chain would respond during a major geopolitical conflict and identified high-purity aluminium as one of the most exposed segments of the country’s defence industrial base. The findings have gained renewed relevance following the Iranian missile attacks on the aluminium facilities of Emirates Global Aluminium (EGA) and Aluminium Bahrain (Alba) in the Middle East or Gulf region on March 28, 2026. Although...
The London Metal Exchange (LME) aluminium market witnessed a mixed performance on August 5, with spot and three-month prices declining while longer-dated contracts and the Asian Reference Price strengthened. LME aluminium cash bid and offer prices fell by 1.3 per cent day-on-day. The cash bid slipped from USD 3,270 per tonne to USD 3,228.5 per tonne, while the offer eased from USD 3,271 per tonne to USD 3,229 per tonne. On August 5, the LME aluminium three-month bid price edged down by 0.22 per cent to USD 3,229 per tonne from USD 3,236 per tonne on August 4 . The offer price also declined by 0.22 per cent, falling to USD 3,229.5 per tonne from USD 3,236.5 per tonne. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036:...
London Metal Exchange (LME) aluminium prices extended their rally on August 5, climbing above the USD 3,200 per tonne mark as renewed optimism over US-Iran peace talks improved market sentiment and eased concerns over global energy supplies and trade disruptions. Three-month LME aluminium futures rose 1.3 per cent to USD 3,263.50 per tonne, outperforming the previous session as hopes of a diplomatic breakthrough between the United States and Iran weighed on oil prices and weakened the U.S. dollar. A weaker dollar typically supports metals priced in the currency by making them more attractive to international buyers, while easing geopolitical tensions also improved broader investor confidence across commodity markets. Aluminium strengthens as weaker dollar boosts market sentiment According...
UK battery technology company EQONIC Group has confirmed aluminium as the core material behind its proprietary battery technology, marking a significant step as the company moves towards industrial-scale validation of a lithium-free, sodium-free and rare earth-free energy storage system. EQONIC said its aluminium-based battery technology is now progressing from laboratory development to industrial validation, where it will undergo large-scale testing to assess manufacturability, performance and reliability ahead of commercial deployment. According to the company, the proprietary battery architecture targets manufacturing costs of around 30 per cent of conventional lithium metal batteries, with a long-term production cost target of GBP 50 (USD 67.40) per kWh. Aluminium positioned as an...
Aluminium Bahrain B.S.C. (Alba) reported sharply higher earnings for the first half of 2026, supported by stronger aluminium prices despite production curtailments and supply chain disruptions during the second quarter. The Bahrain-based aluminium producer posted a profit attributable to equity holders of BHD 140.2 million (USD 372.8 million) for the six months ended June 30, 2026, compared with BHD 42.7 million (USD 113.5 million) in the corresponding period of 2025, representing a 228 per cent year-on-year increase. Basic and diluted earnings per share rose to 99 fils from 30 fils in H1 2025, while total comprehensive income climbed 264 per cent to BHD 140.6 million (USD 374 million) from BHD 38.6 million (USD 102.8 million) a year earlier. For the second quarter alone, profit...
The sharp aluminium price rally , propelled by geopolitical tensions from the Middle East conflict and resulting supply-side disruptions , has renewed investor interest in India’s metal sector. According to a report by PL Capital , elevated London Metal Exchange (LME) aluminium prices , coupled with lower alumina costs, are expected to boost earnings for aluminium producers, placing companies such as Hindalco Industries and National Aluminium Company (NALCO) in the spotlight. While aluminium prices have climbed to record highs, PL Capital noted that the global alumina market is still oversupplied. The weaker alumina price and stronger LME aluminium price ratio is likely to help Chinese aluminium smelters post healthy financial performance in calendar year 2026. Explore- Most comprehensive...
LME aluminium prices moved higher on August 4, with gains across cash, three-month and December 2027 contracts, while exchange inventories continued to decline. The combination of firmer prices and lower warehouse stocks reflected a market that remained supported by near-term supply concerns despite mixed demand signals from China. The LME aluminium cash bid price rose to USD 3,270 per tonne on August 4 from USD 3,259 per tonne on August 3, while the cash offer price increased to USD 3,271 per tonne from USD 3,260 per tonne. Both prices were up 0.34 per cent. The LME aluminium three-month bid price climbed to USD 3,236 per tonne from USD 3,210 per tonne, marking a 0.81 per cent increase. The three-month offer price also strengthened, rising to USD 3,236.5 per tonne from USD 3,212 per...
Aluminium Bahrain (Alba) has collaborated with the Nasser Centre for Science and Technology (NCST) to deploy an artificial intelligence (AI)- based monitoring system for gas turbines at Power Station 4. The initiative aims to improve predictive maintenance capabilities as well as operational efficiency. Developed by NCST’s AI research and development team, the platform would be continuously monitoring the GT-51, GT-52, GT-61 and GT-62 gas turbines, offering advanced analytics to help minimise the risk of unexpected equipment failures while backing faster, data-based maintenance choices. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report The AI system evaluates critical...
NALCO shares were trading at INR 374.20 (USD 3.93) at 12:03 pm on August 4, up from INR 357.20 (USD 3.75) in the previous session. The stock was getting attention after the company posted higher revenue and profit for the quarter ended June 30, 2026. The company posted a strong quarter in June 2026, with consolidated revenue rising sharply to about INR 53 billion (USD 556 million) from INR 38 billion (USD 399 million) a year earlier. Net profit also climbed to around INR 20 billion (USD 210 million), and earnings per share nearly doubled to INR 10.91 (USD 0.11). To know the production, demand and consumption forecasts on bauxite and alumina, explore the report " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook " Revenue has increased steadily...
The first trading session of August opened with the London Metal Exchange (LME) aluminium price graph exceeding the USD 3,200-per-tonne mark across both pricing and contract segments. Meanwhile, similar to the previous trading session , stocks continued to dip, indicating steady withdrawal from the aluminium inventory. The LME aluminium cash bid and offer prices jumped 2 per cent day-on-day on August 3. The bid rose USD 3,195 per tonne to USD 3,259 per tonne, and the offer shifted from USD 3,196 per tonne to USD 3,260 per tonne. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report On August 3, the LME aluminium three-month bid price improved by 0.99 per cent to USD 3,210...
National Aluminium Company Limited (NALCO) reported a sharp increase in revenue and profit for the quarter ended June 30, 2026, driven by higher aluminium prices and improved operational efficiency. The state-owned aluminium producer also recommended a final dividend of INR 1 (USD 0.011) per equity share for FY26, taking the total dividend for the year to INR 11.50 (USD 0.12) per share. On a standalone basis, revenue from operations rose 39.28 per cent year-on-year to INR 53 billion (USD 557 million) from INR 38 billion (USD 400 million), while total income increased 39.30 per cent to INR 54.8 billion (USD 575 million). Profit before tax climbed to INR 26.45 billion (USD 278 million) from INR 14.3 billion (USD 150 million) in the corresponding quarter last year, while profit after tax...
Vedanta Aluminium Metal Limited has opened its first full reporting chapter as an independent listed aluminium producer with record production and sharply higher earnings. For the quarter ended June 30, 2026 (Q1 FY27), the company reported profit after tax (PAT) of INR 65.97 billion, up 205 per cent year-on-year and 33 per cent sequentially, alongside its highest-ever quarterly aluminium production. The numbers put both scale and profitability at the centre of Vedanta Aluminium’s post-demerger story. Revenue climbed 45 per cent year-on-year and 13 per cent quarter-on-quarter, supported by higher volumes and improved realisations. EBITDA more than doubled from the year-ago period, surging 134 per cent . Compared with Q4 FY26, EBITDA increased 24 per cent. The company’s EBITDA margin...
London Metal Exchange (LME) aluminium prices moved lower on July 31 after recording gains in the previous session. Both cash and forward aluminium contracts declined, while warehouse inventories continued to fall. In contrast, the LME alumina Platts price increased. The LME aluminium cash bid price fell 1.05 per cent to USD 3,195 per tonne from USD 3,229 per tonne on July 30 , while the cash offer price declined 1.08 per cent to USD 3,196 per tonne from USD 3,231 per tonne. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The three-month aluminium bid price also edged down 0.20 per cent to USD 3,178.5 per tonne from USD 3,185 per tonne. The offer price also edged down by...
Oil price shocks are traditionally associated with their impact on transportation, aviation, paints and chemicals, tyres, rubber, and fertiliser industries, while the ripple effects on metallurgy often remain overlooked. The recent Middle East geopolitical crisis has renewed attention on aluminium’s strategic importance as a critical global metal supplier, but what about the impact of the oil price surge linked to the conflict on aluminium’s cost structure? Indeed, the aluminium industry does not consume crude oil directly in the smelting process. Still, it does through petroleum coke and carbon anodes used in the smelting process, which creates a significant connection between global oil markets and aluminium production costs. Between crude oil and aluminium – the petroleum coke...
Vedanta Aluminium is entering a new phase of growth as major expansion projects near completion and the company shifts its focus towards higher-value aluminium products and lower production costs, prompting brokerages to reaffirm positive outlooks following a strong first-quarter performance. Brokerages including ICICI Securities, CLSA, Citi, Nuvama and Emkay have maintained bullish views on the recently listed aluminium producer, citing rising production volumes, cost optimisation initiatives and ongoing capacity expansion as key drivers of future earnings growth. ICICI Securities initiated coverage on Vedanta Aluminium with a 'Buy' rating and a target price of INR 520 (USD 5.54), highlighting the company's transition from a capital expenditure-intensive phase towards improving...
The London Metal Exchange (LME) aluminium prices reported further gains on the July 30 session after recovering on the July 29 session . Both cash and forward contracts reported gains in contrast to the inventories, which followed a decline. The LME aluminium cash bid as well as offer prices gained 0.75 per cent day-on-day on July 30. The bid rose from USD 3,205 per tonne to USD 3,229 per tonne as the offer edged up from USD 3,207 per tonne to USD 3,231 per tonne. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook On July 30, the LME aluminium three-month bid price climbed from USD 3,176 per tonne on July 29 to USD 3,185 per tonne, marking a 0.28 per cent surge. The offer...
Azerbaijan’s aluminium sector reported a robust export growth chart during the first half (H1) of 2026. Overseas shipments of aluminium and aluminium products generated USD 141.52 million , which, as per the country’s State Customs Committee, marks a 40 per cent year-on-year increase. Between January and June 2026, the country exported 40,435.29 tonnes of aluminium and aluminium products, up by 5,210 tonnes or 14.7 per cent Y-o-Y from 35,224.84 tonnes recorded during the corresponding period last year. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report The higher shipment volume brought about an additional USD 40.53 million in export revenue compared Y-o-Y with H1 2025,...
