Net sales of National Aluminium Company Limited (NALCO) rose 26.2 per cent year-on-year to INR 53.80 billion (USD 567 million) in Q2 FY2026-27, compared with INR 42.6 billion (USD 449 million) in the same quarter last year. The company is set to discuss its unaudited results for the quarter and half-year ended September 30, 2026, during an earnings call scheduled for November 3. NALCO’s total income reached INR 56.7 billion (USD 598 million) in Q2 FY27, an increase of 27.5 per cent year on year. Operating expenses stood at INR 30.1 billion (USD 37 million), while earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to INR 26.6 billion (USD 280 million). Net sales in the preceding quarter, Q1 FY27, were INR 52.7 billion (USD 556 million). Explore the production,...
Aluminum Corporation of China Limited (CHALCO) reported a sharp increase in profitability in the third quarter of 2026, supported by cost controls and stable margins at its Yunnan aluminium operations. However, the company's alumina business continued to face pressure from higher bauxite and freight costs, highlighting the contrasting performance of its two major product segments. According to CHALCO's third-quarter report released on October 29, 2026, total profit increased 66.08 per cent year on year to RMB 12.50 billion (USD 1.88 billion) in Q3 2026, compared with RMB 7.53 billion (USD 1.13 billion) in the corresponding quarter of 2025. Net profit attributable to shareholders of the listed company rose 59.10 per cent to RMB 6.04 billion (USD 909 million), against RMB 3.80 billion (USD...
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In April 2020, Alcoa announced the suspension of its Ferndale smelter in Washington, following diminishing demand and dropping metal prices. However, war-related sanctions on Russia that had caused aluminium spot price to reach a record high, has boosted the reopening campaign of the Alcoa Intalco Works aluminium smelter. The new owners of the idled Alcoa Intalco Works smelter in Ferndale, Washington, have received $10 million in government funding to restore the decades-old facility. The smelter, on the other hand, consumes a lot of energy to run. And it is now the main issue. A proposal for reduced-rate power to operate the large plant was denied by the Bonneville Power Administration due to high stakes. The restarting of the smelter has suffered a setback, as policymakers are worried...
As observed by market experts, China is boosting its aluminium export volume to balance the supply gaps in Western markets. In February, China exported 26,378 tonnes of primary aluminium in February, the highest monthly since 2010, turning into a net exporter for the first time since November 2019. China has brought in a shift in its trade patterns. From being a significant importer during 2020 and 2021 as domestic production failed to match demand, China has moved on to being an exporter as production in Europe is affected by the soaring LME aluminium price and physical premiums. The slower production resulting in a supply crunch in the Western countries has thus led to the surge in export flow of Chinese semi-manufactured products to Western markets. But on the other hand, this is...
LME aluminium opened at US$3,540 per tonne on Thursday and closed at US$3,468 per tonne, down US$78.5 per tonne or 2.21 per cent. On Friday, LME aluminium cash bid price stood at US$3,482.50 per tonne and LME aluminium official settlement price halted at US$3,483 per tonne, with a fall of 0.56 per cent and 0.57 per cent respectively, in comparison with the records of the previous day. The 3-month bid price of aluminium decreased by US$20 per tonne or 0.57 per cent to rest at US$3,497 per tonne. Meanwhile, 3-month offer price had a 0.54 per cent fall resting at US$3,499 per tonne. From data collected the same day, December 23 bid price stood at US$3,350 per tonne and December23 offer price at US$3,355, both witnessing a downward swing of 0.50 per cent or US$17 per tonne. LME aluminium...
The largest aluminium producer in the GCC region, Emirates Global Aluminium (EGA) has inked a memorandum of understanding (MoU) with PT Inalum (Persero), the largest primary aluminium producer in Indonesia, concerning a strategic alliance to upgrade Inalum's aluminium by 400,000 tonnes per year. However, this needs to be realised that the memorandum of understanding is a make-sure action to Indonesian President Joko Widodo's visit to UAE in November 2021. Husin Bagis, the Indonesian Ambassador to UAE down rightly appreciated the signing of the cooperation between the two aluminium production giants of the two nations. The Ambassador in his official statement said, “The EGA-Inalum cooperation is highly expected because the President has declared the importance of mineral down streaming for...
As Russia retreats its military activities in some areas of Ukraine, allowing the resumption of alumina refineries and aluminium smelters, the LME aluminium benchmark price begins downsizing throughout the week with the hope of supply chain recovery. Starting at US$3,606 per tonne on Monday, March 28, LME aluminium price on March 29 shrank by US$23 per tonne to stand at US$3,583 per tonne. On Wednesday, March 30, the price plunged by US$75 per tonne to come in at US$3,508 per tonne, and further inched down the next day by US$5 per tonne to US$3,503 per tonne. To know more: https://www.alcircle.com/news/lme-aluminium-price-on-decline-recording-us3-503-t-due-to-russian-retreat-shfe-rises-to-us3-590-t-77981 China’s domestic price of A00 aluminium ingot also downsized through the week from...
According to the Shanghai Metals Market, social inventories of primary aluminium in China totalled 1.04 million tonnes this week, as of March 31, 2022, across eight major consumption areas, including SHFE warrants. Compared to a week ago, March 24, primary aluminium inventories built up by 2,000 tonnes this week, but down by 11,000 tonnes from Monday, March 28. On Monday, inventories in China gained 13,000 tonnes from 1.039 million tonnes on March 24 to come in at 1.052 million tonnes, found SMM. But with no easing of the pandemic in sight any soon, China’s primary aluminium inventories are expected to dip next week amid the on-going production and supply disruptions. The chart below indicates the current status of primary aluminium inventories across China in more details: In Wuxi,...
LME aluminium opened at US$$3,540 per tonne on Thursday, March 31, and closed at US$3,468 per tonne, down US$78.5 per tonne or 2.21 per cent. The pressure created on Russia by all the other European and Australian metal giants is finally reducing the aluminium price in the London metal market. For three successive days the price of aluminium has recorded decline which brings hope to the Industries who deal with any form of this metal. The Russian forces have left Chernobyl to the Ukrainian Authority and the retreat of the soldiers might bring good news after all for the world economy. LME aluminium cash bid price stood at US$3,502 per tonne and LME aluminium official settlement price halted at US$3,503. The former recorded a fall of 0.11 per cent or US$4 per tonne and the latter decreased...
Orazio Zoccolan is presently serving Assomet, the Italian non-ferrous metals industries association, as a General Manager. He was born in Milan in 1960, and graduated in Political Science at the University of Milan. He started his career working for the Italian recycling aluminium association in 1989. He joined Assomet as an environmental manager in 1997 became a General Manager in 2020, after being a Secretary General of Centroal (aluminium group within Assomet) in 2012. Besides, he is a member of the Board of Directors of IGQ – certification body, Qualital Servizi – aluminium surface treatment certification body, and Gas Intensive Consortium. We are delighted to have him with us and know his views and opinions on the current European aluminium industry. To know in details, please...
The last few months has been tumultuous and yet interesting for the European Aluminium industry. The shortage of aluminium in the European market has propelled the regional prices to spike and then navigated to a fluctuating mode, which in turn has created opportunities for commodity traders to book profits while shipping the metal from warehouses thousands of miles away. In the last few months, large trading houses have loaded aluminium into break-bulk vessels destined for Europe from a Southeast Asian country. The trade would usually be unprofitable, but European buyers are willing to pay higher prices to get metal, offsetting the cost of the trade. Since the start of 2022, the price of European aluminium has increased by about 15%, surpassing its previous high of October 2021. It has...
The revised ASI Performance and Chain of Custody Standards are available for Certification and became available on May 19 th , 2022. The 2022 versions are the outcome of ASI’s first major revision since the launch of its Standards and Certification program in 2017. Cameron Jones, ASI Director of Assurance at the Aluminium Stewardship Initiative (ASI) Multiple rounds of review and public consultation, overseen by ASI’s multi-stakeholder Standards Committee, have resulted in more than 1000 improvement items being actioned, building on implementation experience, stakeholder feedback and evolving expectations. Initial work for the revision process kicked off in mid-2019 and has received valuable input along the way from the Indigenous Peoples Advisory Forum (IPAF), and Working Groups on...
2021 was a year of recovery for the global aluminium industry from unpleasant impacts of the COVID-19 pandemic. Right from the demand and usage to production, the aluminium industry underwent a revamp across all its value chain throughout the year 2021. Though the aggregate demand rose impressively through the year, many end-use sectors were yet to witness a full recovery from the 2020 set-back. While the packaging industry performed extremely well driven by beverage cans and pharma packaging, automobile production was far from reaching the pre-covid levels. The worldwide aluminium usage increased from 86.9 million tonnes in 2020 to 93.5 million tonnes in 2021, underpinned by 7.6% of demand growth in the same year. Production also expanded by 2.6% to 67 million tonnes but remained much...
Starting as a 120,000 tonnes per annum smelter in 1971, Alba, today, is the world’s largest aluminium smelter ex-China with a production of more than 1.561 million metric tonnes per annum (2021). In addition to molten metal, Alba produces a diverse range of superior Value-Added Products (VAP) -- Foundry grade re-melt products (T-Ingots, 10 Kg Standard Ingots, 22.5 Kg Standard Ingots, and 9.7 Kg Properzi Bars), Rolling Ingots (Slabs), Extrusion Ingots (Billets), Unalloyed P1020 remelt products (T-Ingots, 10 Kg Standard Ingots, 22.5 Kg Standard Ingots, and Sows). Our output – including liquid metal, customised alloys and a variety of surface finishes – goes to the local downstream industries as well as more than 240 global customers through Alba’s sales offices in Bahrain, Europe (Zurich),...
One of the most important targets for our business in 2022 and for the forthcoming years is to better support the aluminium casthouses that deal with aluminium recycling . Tomorrow Technology has always had a particular focus on this “green” sector, and we believe it is appropriate to invest in new ideas and technology. But not everyone knows what it means to recycle aluminium. Recycling aluminium goes far beyond the consideration we usually have for “paper recycling”. The classic Italian espresso coffee moka pots are almost always produced with recycled aluminium, just like frying pans and many other daily utensils that we use in our kitchens, bicycle gears, park benches, streetlamps and radiators that heat our homes. Each recycled kilogram of aluminium saves 95% of energy compared to...
Aluminum Industry, like many other industries, is facing new challenges. The lack of available manpower has experimented with in many countries. This issue will increase in the next few years. Even more, attractiveness for some tasks is lower for a new generation of workers. Some plants will be facing risk for operational continuity. Also, the situation in terms of global climate and greenhouse emissions represents a big challenge for our modern society – which requires real actions and new solutions. More and more groups and companies participate in this worldwide effort to bring new opportunities. Aluminium recycling is one piece of the puzzle to achieve the goal of ensuring a greener economy. Meanwhile, responsible companies integrate aluminium recycling into their marketing strategy....
Assan Alüminyum, a subsidiary of Kibar Holding and one of the 2 largest aluminium foil producers in Europe, expands further through a series of sustainable investments worth almost 100 million US dollars. The company strives to become more sustainable in environmental, social and governance (ESG) terms, while adopting the Aluminium Stewardship Initiative (ASI) global sustainability guidelines as business principles. In the first part of 2022, Assan Alüminyum successfully completed its on-site ASI Performance Standard audit, which was postponed due to travel restrictions posed by the pandemic, enabling the company’s flat-rolled aluminium production and recycling activities to be certified against global sustainability principles. ASI Performance Standards reflect a comprehensive...
On 31 st March 2022, the first aluminium smelter in the Middle East region which commenced its commercial operations in 1971, Aluminium Bahrain B.S.C. (Alba), has signed a Memorandum of Understanding (MoU) with Emirates Global Aluminium (EGA), the leader in global aluminium production, as well as one of the largest companies in the UAE to explore opportunities for further increase its production. Shaikh Daij bin Salman bin Daij Al Khalifa, the Chairman of the Board at Alba and His Excellency Saeed Mohammed Al Tayer, the Vice Chairman of EGA witnessed the signing formalities of the agreement at Expo 2020 Dubai in the presence of EGA Board member Musabbeh Al Kaabi, Alba’s Chief Executive Officer Ali Al Baqali, EGA Chief Executive Officer Abdulnasser Bin Kalban, Alba’s Chief Supply Officer...
Hindalco Industries Limited has reduced its aluminium ingot and aluminium products prices back-to-back on two consecutive days as LME aluminium benchmark price has been shedding off since March 29. With effect from Thursday, March 31, Hindalco’s aluminium ingot price has been slashed by INR 7,000 per tonne to stand at INR 303,000 per tonne. On the previous day (March 30), the price stood at INR 310,000 per tonne after being cut by INR 3,000 per tonne from INR 313,000 per tonne. Hindalco’s aluminium wire rod price has also been trimmed by INR 7,000 per tonne on March 31 from INR 321,100 per tonne to INR 314,100 per tonne. With effect from March 31, the company’s aluminium billets price has come in at INR 317,100 per tonne, also down by INR 7,000 per tonne from the previous day. Hindalco...
LME aluminium cash bid price and LME aluminium official settlement price continued to decrease for the second day in a row by US$75 per tonne or 2.09 per cent to stand at US$3,506 per tonne and US$3,508 per tonne, respectively. The downfall in LME aluminium prices followed the ease of supply concerns as Russia promised to scale down its military operations around Kyiv and in northern Ukraine. Signs of a lull in the conflict calmed the aluminium and other metal prices. On Wednesday, March 30, 3-month bid price and 3-month offer price nosedived by US$80 per tonne and US$81 per tonne to rest at US$3,526 per tonne and US$3,527 per tonne. Dec-23 bid price and Dec-23 offer price came in at US$3,373 per tonne and US$3,378 per tonne, down by US$67 per tonne from US$3,440 per tonne and US$3,445...
