China's Yunnan Aluminium Co., Ltd. reported a sharp improvement in financial performance for the nine months ended September 30, 2026, with net income rising approximately 164 per cent Y-o-Y to CNY 11.6 billion (USD 1.74 billion), compared with CNY 4.39 billion (USD 660.96 million) in the corresponding period of 2025 The company's sales increased to CNY 52.61 billion (USD 7.90 billion) from CNY 44.07 billion (USD 6.62 billion) a year earlier, representing growth of approximately 19.4 per cent. The increase in net income significantly outpaced revenue growth, highlighting a substantial improvement in the company's reported earnings during the first nine months of 2026. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: "Global Bauxite & Alumina...
JiaoZuo WanFang Aluminum Manufacturing Co Ltd recorded a 93.5 per cent increase in net income to CNY 1,753.08 million (USD 263.31 million) for the nine months ended September 30, 2026, compared with CNY 905.92 million (USD 136.07 million) in the corresponding period last year. The company's sales rose 19.2 per cent year on year to CNY 5,938.64 million (USD 891.98 million), up from CNY 4,981.54 million (USD 748.23 million) a year earlier. The increase in net income substantially outpaced sales growth during the reporting period. JiaoZuo WanFang's basic earnings per share from continuing operations reached CNY 1.47 (USD 0.22), compared with CNY 0.76 (USD 0.11) in the same nine-month period of 2025. Diluted earnings per share from continuing operations also increased to CNY 1.47 (USD 0.22),...
Grow with
AL Circle
LME aluminium opened at US$2,134 per tonne last Friday, with its low and high at US$2,127 per tonne and US$2,151 per tonne respectively before closing at US$2,141 per tonne, up US$11 per tonne or 0.52 per cent. On Friday, July 7, the LME aluminium cash bid price shed US$18 per tonne or 0.85 per cent to rest at US$2,085 per tonne, while the LME official settlement price clocked at US$2,086 per tonne, with a fall of US$17.50 per tonne or 0.83 per cent. The 3-month bid price and the 3-month offer price plunged by US$19 per tonne or 0.88 per cent to close at US$2,130.50 per tonne and US$2,131 per tonne, respectively. December 24 bid price and December 24 offer price both dropped US$20 per tonne or 0.86 per cent to officially stop at US$2,288 per tonne and US$2,293 per tonne. LME aluminium...
European aluminium producers have expressed concerns about a potential breach in the European Union's carbon border tax (CBAM), which could enable heavily polluting exporters like China and other Asian countries to evade regulations and inundate the bloc with inexpensive heavy metal emissions. The EU's carbon border tax proposal introduces a charge on the carbon dioxide (CO₂) emissions generated while producing imported goods within the bloc. Under this framework, remelted waste pieces of aluminium can be classified as zero-carbon products, irrespective of whether the initial virgin material was produced using fossil fuel-fired power sources. According to statements given to British daily business print media by Norwegian aluminium giant Norsk Hydro and the German aluminium rolling and...
The primary aluminium segment has been bombarded with pivotal events this week, with Aluminium China 2023 and the 27th International Conference on Non-ferrous Metals making headlines on an international scale. The European Union has updated the Critical Raw Materials Act (CRMA) to include aluminium in the list of minerals and metals covered by its provisions. The CRMA is a crucial part of the EU's strategy to obtain the necessary resources to compete with the United States and China in the global race for decarbonisation. While mentioning market updates, it can be cited that LME official aluminium price has grown by US$7 per tonne or 0.33 per cent over the week from US$2,096.50 per tonne on June 30, last Friday to US$2,103.50 per tonne on July 6, this Thursday. On the other hand, the SHFE...
The Critical Raw Materials Act (CRMA) of the European Union (EU) has been updated to include aluminium among the minerals and metals covered by its provisions. The Act serves as the focal point of the EU's plan to acquire the essential resources required to rival the United States and China in the worldwide competition to achieve decarbonization. EU policy-makers faced intense backlash and criticism from the Federation of Aluminium Consumers in Europe (FACE), the voice of Europe’s aluminium consumers, as they initially excluded aluminium from the CRMA, provoking outrage within the industry. The federation lambasted the policy-makers, accusing them of acting contrary to what was necessary and appropriate. The eleventh-hour addition of the metal, along with its primary sources of bauxite...
LME aluminium opened at US$2,139 per tonne on Thursday, with its low and high at US$2,127 per tonne and US$2,153 per tonne, respectively, before closing at US$2,130 per tonne, a drop of US$7 per tonne or 0.33 per cent. On Thursday, July 6, both LME aluminium cash bid price and LME aluminium official settlement price went up by US$10.5 per tonne or 0.50 per cent to settle at US$2,103 per tonne and US$2,103.50 per tonne. LME aluminium 3-month bid price and 3-month offer price climbed up by US$3.5 per tonne or 0.16 per cent and US$3 per tonne or 0.13 per cent to settle at US$2,149.50 per tonne and US$2,150 per tonne. December 24 bid price and December 24 offer price moved up by US$3 per tonne or 0.13 per cent and US$3 per tonne or 0.12 per cent to halt at US$2,308 per tonne and US$2,313 per...
Epsilon Carbon, an eminent Indian manufacturer specializing in coal tar pitch derivatives, has recently entered into a partnership with South32, an international mining and metals corporation. The agreement entails importing liquid coal tar pitch from Epsilon Carbon to South32's South Africa and Mozambique operational sites. Epsilon Carbon has achieved a significant milestone by securing an agreement with South32, making it the first Indian company to export liquid coal tar pitch. This achievement highlights Epsilon Carbon's dedication to innovation and focus on meeting customer needs. The company's carbon complex in Bellary is an integrated facility emphasising sustainability and safety across all its business activities. According to market research, the global market for coal tar pitch...
On Wednesday, July 5, the LME aluminium cash bid price dropped down by US$9.50 per tonne or 0.45 per cent to rest at US$2,092.50 per tonne, while the LME official settlement price locked at US$2,093 per tonne, with a similar loss. The 3-month bid price and the 3-month offer price plunged by US$9.50 per tonne or 0.44 per cent to rest at US$2,146 per tonne and US$2,147 per tonne, as it was on July 3, Monday. December 24 bid price and December 24 offer price both slumped by US$13 per tonne or 0.56 per cent to officially close at US$2,305 per tonne and US$2,310 per tonne, respectively. LME aluminium opening stock lost 0.86 per cent or 4,700 tonnes, officially closing at 539,700 tonnes from 544,400 tonnes recorded the previous day . Live warrants read 271,925 tonnes, with no measurable change...
LME aluminium opened at US$2,227.5 per tonne on Tuesday, with its low and high at US$2,201 per tonne and US$2,249 per tonne, respectively, before closing at US$2,247 per tonne, up US$19 per tonne or 0.58 per cent. On Tuesday, July 4, both LME aluminium cash bid price and LME aluminium official settlement price went down by US$3 per tonne or 0.14 per cent and US$4.5 per tonne or 0.21 per cent to close at US$2,102 per tonne and US$2,102.50 per tonne. The 3-month bid price and 3-month offer price, on the other hand, grew by US$9.5 per tonne or 0.44 per cent to halt at US$2,155.50 per tonne and US$2,156.50 per tonne. December 24 bid price and December 24 offer price also went up by US$6 per tonne or 0.25 per cent to close at US$2,318 per tonne and US$2,323 per tonne. LME aluminium opening...
The Chairman of the Board of Aluminium Bahrain B.S.C. (Alba) Shaikh Daij bin Salman bin Daij Al Khalifa during his recent field tour to Mitsubishi Heavy Industries (M.H.I.)’s Takasago Machinery Works and Hydrogen Park, in Hyogo Prefecture Japan stated, “We are very excited to witness first-hand the J.A.C. Advanced Gas Turbine (G.T.), the first of its kind in the world G.T. manufactured for a primary aluminium smelter, ready to be shipped to Bahrain for Alba’s Power Station 5 (PS5) Block 4 Project.” During this visit to Japan, led by Alba's chairman of the board, Ali Al Baqali and Amin Sultan, the company's chief executive officer and chief power officer, discussed issues of mutual interest, including Block 4 of Power Station 5, as well as potential areas of collaboration, like sustainable...
Two days to go to the 27th International Conference on Non-ferrous Metals and here is the complete itinerary of the 2-day event at Hotel Chanakya BNR, Ranchi, India. The event, organised by Corporate Monitor in association with JNARDDC, will begin on July 7 with an inaugural session starting at 10 AM followed by a welcome speech by Dr Anupam Agnihotri, Conference Organising Committee & Director, JNARDDC; and Sanjay Kumar Verma, Chairman, Conference Advisory Committee. Other eminent personalities from metal industries like Sadashiv Samantaray, Director (Commercial), NALCO; Sanjay Sarkar, CEO & Executive Director, Indo Asia Copper Ltd; Abhijit Pati, Chief Transformation Officer, Vedanta Limited - Aluminium Business; S. Kanakanand, Head – McoE, Hindalco Industries; and Aboobackar Siddique P....
Luciano Alves, a production engineer from Escola Politécnica da USP with over twenty years of experience in finance, strategic planning, and M&A, has taken over as CEO at Companhia Brasileira de Alumínio (CBA) in May. Alves joined the investor relations department after serving as Chief Financial Officer (CFO) and becoming a public company in 2021. His objective now is to strengthen communication with shareholders and investors. In an interview, Alves shared his expectations for CBA's future development, addressing the challenges of the market and growing demands for sustainability and innovation. Alves has been part of the group for eighteen years and CBA for nine years, and he has been directly involved in the strategies that are applied by CBA today. He assumes his new position with a...
Aluminium smelters in Yunnan province, China, have begun increasing production as restrictions on power usage have been eased following a recovery in hydropower output, said an analyst to Reuters. According to Li Lin, aluminium director at Chinese consultancy Aize, about 2.35 million tonnes of aluminium capacity can gradually return in Yunnan on the rise of hydropower output. Hydropower accounts for nearly 70 per cent of the total power supply in Yunnan, enabling 5.25 million tonnes of aluminium production. Yunnan, China’s fourth-largest producing region for electrolytic aluminium, had idled aluminium capacity for many months in the interim period for reduced hydropower generation. Recommencing aluminium production is expensive, but Yunnan smelters could manage it with relatively cheaper...
Aluminium China is a prominent event that unites value chain resources from the aluminium industry and diverse applications both locally and globally. Renowned as a leading international exhibition for the aluminium sector, it eagerly presents the newest advancements, technologies, and trends during its highly anticipated 2023 edition. Emphasizing promoting innovation and sustainability, Aluminium China 2023 guarantees to provide valuable insights and prospects for stakeholders involved in the entire aluminium value chain. The upcoming Aluminium China 2023 exhibition is scheduled to be held at the esteemed Shanghai New International Expo Center from June 5-7, 2023. Renowned for hosting top-notch industry events, this prestigious exhibition center offers a strategic location that...
The Indian Prime Minister Narendra Modi's recent visit to the United States and Egypt has brought in a solution from both the economic and strategic perspectives. The bilateral meeting among the three countries has resolved six major disputes at World Trade Organisation related to aluminium, steel, renewable energy, and solar cells. Out of six, three disputes were raised by the US against India (DS456, DS541 and DS585), and the latter raised the remaining three against the former (DS436, DS510 and DS547). Following the meeting, the United States agreed to give market access to aluminium and steel products under the exclusion process of Section 232 of the Trade Expansion Act 1962, which will again provide export opportunities to the Indian aluminium and steel manufacturers after a long gap...
On July 3, Monday, the LME aluminium cash bid price halted at US$2,105 per tonne and the LME aluminium official settlement price anchored at US$2,107 per tonne, witnessing a surge of US$9 per tonne and US$10.50 per tonne, respectively. The LME cash bid price spiked by 0.43 per cent, and the LME official price rose by 0.5 per cent. One year back, on July 1, the LME aluminium spot price was US$2,384 per tonne, which has slumped US$277 per tonne or 11.6 per cent Year-on-Year to settle at what it is today. Uncertainty persists in the debt ceiling negotiations and the potential increase of US Fed interest rates. Consumption recovery is weaker than expected, and there is an accumulation of aluminium ingot inventories. Declining prices weaken aluminium price support, and SHFE aluminium may drop...
LME aluminium opened at US$2,161 per tonne last Friday, with its low and high at US$2,134 per tonne and US$2,179 per tonne, respectively, before closing at US$2,156 per tonne, a drop of US$5 per tonne or 0.23 per cent. On Friday, June 30, both LME aluminium cash bid price and LME aluminium official settlement price dipped by US$9 per tonne or 0.42 per cent to score at US$2,096 per tonne and US$2,096.50 per tonne. 3-month bid price and 3-month offer price fell by US$9 per tonne or 0.41 per cent and US$10.5 per tonne or 0.48 per cent to halt at US$2,141 per tonne and US$2,141.50 per tonne. December 24 bid price and December 24 offer price slipped by US$8 per tonne or 0.34 per cent to stop at US$2,302 per tonne and US$2,307 per tonne. LME aluminium opening stock closed at 543150 tonnes. Live...
In June 2023, the global aluminium industry experienced a combination of instability and a downward price trend, affecting both the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE). Despite the challenges, the aluminium value chain worldwide remains committed to pursuing a low-carbon and sustainable future. Producers of this metal are optimistic that its price will regain momentum in the coming months. Furthermore, the industry is actively implementing new technologies on the ground to reduce emissions, with a strong emphasis on recycling and sustainable processes. These initiatives are being prioritized to drive positive changes in the aluminium sector. The key highlights from the global aluminium industry for the month follow below: Nowadays, the aviation industry...
Aluminium prices offered by Vedanta and Hindalco have shown a fluctuating trend this week from June 26-30. Vedanta aluminium ingot price started the week on Tuesday, June 27, at INR 203,000-227,000 tonnes, reflecting a drop of about 0.80 per cent from INR 204,750-228,750 per tonne on June 24. The very next day, June 28, the price experienced a rise of INR 3,250 per tonne to hover around INR 206,250-230,250 per tonne, but again slipped two days later by INR 4,000 per tonne to close the week on Friday, June 30, at INR 202,250-226,250 per tonne. Similarly, Vedanta’s aluminium wire rod and billet prices also oscillated through the week. The prices initiated the week on June 27 at INR 211,500-291,000 per tonne and INR 212,000 per tonne, respectively, which grew the next day to INR...
