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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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,...
Vedanta Aluminium Metal Ltd (VAML) is expected to report a strong set of results for the June quarter (Q1 FY27), with analysts forecasting a 194.7 per cent year-on-year rise in net profit, supported by higher aluminium prices, increased production and continued progress in backward integration. The recently demerged Vedanta Group company is also declared its first interim dividend of INR 8 (USD 0.084) per equity share for FY27. Kotak Institutional Equities estimates the company will report a net profit of INR 5,693.5 crore (USD 595 million), nearly three times higher than the INR 1,932.3 crore (USD 202 million) recorded in the corresponding quarter last year. Revenue is projected to increase 37.5 per cent year-on-year to INR 20,013.7 crore (USD 2.1 billion), compared with INR 14,556 crore...
Across the aluminium value chain, for manufacturers, traders, recyclers, machinery suppliers and service providers, securing business depends upon product quality, production capacity or pricing. But in an increasingly digital business environment, being easily discoverable by prospective buyers has become an equally important part of the sales journey. Today, procurement teams often begin supplier searches through specialised B2B marketplaces that allow them to compare companies, products and capabilities within a single platform. For suppliers, this means that visibility — where a company appears, how its products are presented and how easily buyers can find relevant information — can play a significant role in generating business enquiries. Recognising this growing importance of...
The Rio Tinto -owned aluminium smelter is still negotiating a new power supply agreement with state-owned Hydro Tasmania. The current agreement expires on December 31, and industry sources indicate Rio Tinto has set the end of August as the deadline to reach a new deal before considering closure of the facility. The uncertainty comes shortly after the closure of the Liberty Bell Bay manganese smelter, raising concerns about the future of heavy industry in northern Tasmania. Bell Bay Aluminium consumes around 355 megawatts of electricity, accounting for approximately 25 per cent of Tasmania's total power demand. Beyond its role as a major aluminium producer, the smelter also helps maintain stability in the state's electricity network by adjusting its power consumption under the System...
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that the second cohort of UAE National engineers has successfully completed an EGA Technical Leadership programme in Switzerland. Conducted in collaboration with R&D Carbon, a leading Swiss consultancy specialising in carbon technology and process improvement for the aluminium industry, the programme provides participants the opportunity to design and implement innovative solutions to advance EGA’s Carbon & Port operations. Applying their technical knowledge to tackle real-world industrial challenges, each participant was also asked to develop an individual thesis and present their findings as part of the graduation ceremony. In attendance was Werner Fischer, Founder...
LME aluminium prices strengthened on July 29 compared with July 28, with gains recorded across the cash, three-month and December 2027 contracts, while exchange inventories continued to decline. The LME aluminium cash bid price stood at USD 3,205 per tonne on July 29, up from USD 3,159 per tonne on July 28, marking an increase of 1.46 per cent. The cash offer price rose to USD 3,207 per tonne from USD 3,159.5 per tonne, an increase of 1.50 per cent. The LME aluminium three-month bid price increased to USD 3,176 per tonne on July 29 from USD 3,143 per tonne a day earlier, up 1.05 per cent. The three-month offer price also climbed to USD 3,177 per tonne from USD 3,143.5 per tonne, registering a 1.07 per cent increase. Explore: The most comprehensive and forward-looking industry-focused...
Rio Tinto reported a strong first half of 2026, with its aluminium business remaining one of the company's key earnings drivers alongside copper and lithium. Together, the three commodities contributed more than 50 per cent of the Group's underlying EBITDA during the period. The miner posted an underlying EBITDA of USD 14.8 billion, up 28 per cent year-on-year, while free cash flow increased 75 per cent to USD 3.8 billion. Underlying earnings rose 43 per cent to USD 6.85 billion, allowing the company to declare an interim dividend of USD 3.4 billion, up 43 per cent from a year earlier. Rio Tinto said its aluminium operations maintained strong performance during the first six months of the year, with primary aluminium production remaining steady at 1.68 million tonnes. Higher output from...
After nearing USD 3,200 per tonne in the previous trading session , the London Metal Exchange (LME) aluminium price graph cooled across almost all the pricing and inventory segments at the July 28 close. The LME aluminium cash bid price eased 1 per cent day-on-day on July 28, shifting from USD 3,191 per tonne to USD 3,159 per tonne. The offer price, moving from USD 3,192 per tonne to USD 3,159.5 per tonne, recorded a slightly higher 1.02 per cent dip. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report On July 28, the LME aluminium 3-month bid price contracted by 1.16 per cent to USD 3,143 per tonne from USD 3,180 per tonne on July 27. The offer price recorded a decline of...
Workers of Volta Aluminium Company (VALCO), supported by members of the Industrial and Commercial Workers' Union (ICU-Ghana), staged a questioning on Monday over what they described as alleged plans to privatise the state-owned aluminium producer. The demonstration took place at the VALCO Club House in Tema, where workers gathered wearing red and displayed placards expressing their opposition to any proposal that could result in changes to the company's ownership structure. Workers oppose reported investment plans According to the participants, the Ghana Integrated Aluminium Development Corporation (GIADEC) is pursuing plans to introduce strategic equity investors into VALCO. They argued that such a move would effectively amount to the privatisation of the state-owned aluminium company....
Century Aluminum has brought its Mt Holly aluminium smelter in South Carolina back to full capacity through an expansion expected to increase the country's primary aluminium production by approximately 10 per cent. According to the US Department of Commerce, Century Aluminum invested USD 50 million in the project. The ceremony was attended by US Secretary of Commerce Howard Lutnick, Senior Counselor to President Trump Dr Peter Navarro, South Carolina Attorney General Alan Wilson, US Senator Tim Scott, South Carolina Governor Henry McMaster and Century Aluminum President and CEO Jesse Gary, underscoring the strategic importance of strengthening domestic aluminium production. Expansion strengthens US aluminium supply Century Aluminum said the expansion will increase the Mt Holly workforce...
Aluminium stocks on the London Metal Exchange (LME) have slumped to their lowest level this century as supply constraints stemming from the conflict in the Middle East continue to force consumers to draw down exchange inventories to secure physical metal. While the market is still forecasting aluminium surpluses in the coming years, the relentless decline in warehouse stocks points to tightening physical availability, underscoring the growing impact of geopolitical disruptions on the global aluminium supply chain. According to LME data, total aluminium inventories stood at 271,275 tonnes on July 24, the lowest level since the exchange's records began in January 1998. The remaining stock is equivalent to less than one day's global aluminium consumption, highlighting how little...
Indian aluminium stocks remained under pressure as the sector extended its recent decline, tracking softer aluminium prices, a stronger US dollar and cautious market sentiment. Share prices of Vedanta Aluminium and Vedanta Limited Hindalco Industries, and National Aluminium Company Limited (NALCO), all traded lower. At the same time, brokerage InCred Equities issued a bearish outlook, advising investors to reduce exposure to aluminium-focused stocks and “sell all aluminium names.” During Thursday’s trade, Vedanta Aluminium fell 4.13 per cent to INR 444 (USD 4.64) per share, Vedanta Limited slipped 2.75 per cent to INR 274.95 (USD 2.87), Hindalco declined 1.6 per cent to INR 960.5 (USD 10.03), and NALCO dropped 3.2 per cent to INR 337.5 (USD 3.52). Explore: The most comprehensive and...
LME aluminium prices recovered their upward trend on July 27, supported by higher alumina prices and continued declines in exchange inventories, indicating a firmer market compared with the previous trading sessions. The LME aluminium cash bid and offer prices increased on July 27. The bid rose by 0.52 per cent to USD 3,191 per tonne on July 27 from USD 3,174.5 per tonne on July 24 . The offer climbed 0.53 per cent to USD 3,192 per tonne from USD 3,175 per tonne. On July 27, the three-month bid gained 0.63 per cent. The bid increased to USD 3,180 per tonne from USD 3,160 per tonne, while the offer moved up 0.65 per cent to USD 3,181 per tonne from USD 3,160.5 per tonne. On the longer-dated contracts, both the Dec-27 bid and offer prices recorded a 0.71 per cent increase over the previous...
Vietnam has taken a major step towards building a self-sufficient aluminium industry after unveiling its first domestically produced primary aluminium ingots, a milestone that completes the country's bauxite-to-aluminium production chain and is expected to reduce aluminium imports by around USD 1.5 billion annually. The first aluminium ingots were unveiled at the Dak Nong Aluminium Smelter in Nhan Co Industrial Park, Lam Dong Province, making it Vietnam's first pilot facility to produce primary aluminium from domestically processed alumina. From bauxite to finished aluminium The project, operated by Tran Hong Quan Metallurgy Co., Ltd., allows Vietnam to process its own bauxite resources into finished aluminium products instead of exporting alumina for further refining overseas. The...
South32 has recognised exceptional costs of USD 117 million after the closure of its Mozal aluminium smelter in Mozambique , as an unresolved power deal impasse with the Mozambican government keeps operations stalled. The Mozal smelter, one of Africa’s largest aluminium producers with a 560,000-tonne annual capacity, entered care and maintenance on March 15 after negotiations over electricity tariffs failed. South32 has maintained that aluminium production is no longer commercially viable under the current power pricing structure, with electricity accounting for the plant’s highest operating cost. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report Mozal, a USD 2 billion...
The Middle East updates on rising geopolitical tensions continue to fill the board. Still, aluminium prices have all the gains triggered by the Middle East crisis that began on February 28 this year. The London Metal Exchange (LME) aluminium price chart recorded the three-month contract slipping back to USD 3,170.5 per tonne , slowly retreating to the range where it traded before the geopolitical tensions intensified. The market’s calm comes even as updates from the Middle East about disruptions at Gulf smelters report nearly 2 million tonnes of annual production removed from global supply chains. After reaching a four-year high of USD 3,855 per tonne at the close of June 2 , aluminium prices have retreated as traders increasingly believe higher exports from China and Indonesia can offset...
The London Metal Exchange (LME) aluminium price chart continued to record a declining trend across all the pricing segments at the close of the June 24 trading session. Only the alumina pricing segment showed consistency. The LME aluminium cash bid as well as offer prices eased by 0.59 per cent day-on-day. The bid reached USD 3,174.5 per tonne on July 24 from USD 3,193.5 per tonne on July 23 . The offer shifted to USD 3,175 per tonne from USD 3,194 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 June 24, both the LME aluminium three-month bid and offer prices reported a 0.68 per cent fall. The bid slipped to USD 3,160 per tonne from USD 3,181.5 per tonne...
On March 28, the US-Iran tension took a new turn as Iranian missiles struck the Khalifa Economic Zone in Abu Dhabi, damaging the alumina refinery that feeds Emirates Global Aluminium’s Al Taweelah smelter, the largest aluminium production complex in the Gulf. Four hundred kilometres south-west, Aluminium Bahrain declared force majeure and shut roughly a fifth of its capacity, citing the same conflict. Neither company builds weapons, ships crude, or has any stake in the war between the United States, Israel and Iran. For several weeks this spring, two of the world’s most competitive aluminium producers became collateral damage in someone else's fight. That is the detail worth sitting with, because it reframes the question the industry has been asking since renewed US-Iran hostilities put...
