Qatar Aluminium Manufacturing Company (QAMCO), which holds 50 per cent of the Qatalum joint venture, reported a net profit of QAR 276 million (USD 75.88 million) for the nine months ended 30 September 2026. This marked a drastic 48 per cent year-on-year dip, despite a rise aluminium selling prices. Shipping constraints and reduced operational activity at its joint venture, Qatar Aluminium Company (Qatalum), weighed on production, sales and financial performance. The decline comes from tonnes, not price. The joint venture produced and sold far less metal because shipping constraints tied to the regional conflict reduced operational activity. Higher realised selling prices and lower operating costs partly offset the pressure on earnings, while its closing cash and bank balance, including...
India’s trade deficit with China crossed USD 100 billion in the first nine months of 2026 as imports continued to outpace exports, with aluminium trade data showing a widening imbalance in the latest available period. While India’s overall exports to China recorded strong growth between January and September, the value of its aluminium exports to the neighbouring country declined year on year through July, even as aluminium imports from China increased. Data released by China’s General Administration of Customs showed that bilateral trade rose 25.4 per cent to USD 144.45 billion between January and September 2026. India’s imports from China increased 23.3 per cent to USD 125.19 billion, while exports to China grew 40.7 per cent to USD 19.26 billion. Despite the rise in exports, the trade...
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On May 15, the week closed with an easing trend in the London Metal Exchange (LME) aluminium price after it rose above its 4-year high. A significant drop has been seen across all the contracts, along with the LME inventory, but cancelled warrants continued to rise. Both the LME cash bid and cash offer declined by USD 133 per tonne or 3.5 per cent, where the bid moved from USD 3,767 per tonne to USD 3,634 per tonne and the offer from USD 3,768 per tonne to USD 3,635 per tonne. Check out the forecast of the global bauxite and alumina market till 2036, book the report “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” A similar declining trend is seen in the LME forward-dated contracts, where the 3-month bid rose by USD 87.5 per tonne or 2.4 per...
After racing close to its 52-week high, Hindalco Industries suddenly lost momentum on May 15. The stock slipped to an intraday low of INR 1,073 and ended nearly 3 per cent lower as investors rushed to lock in gains following a strong rally. The pullback came at a time when uncertainty across the aluminium and non-ferrous metals sector has started weighing on market sentiment, even as Hindalco’s long-term growth narrative remains firmly intact. The global engine behind Hindalco’s business Hindalco is far more than just an Indian metals company. Backed by the Aditya Birla Group, the company operates across the entire aluminium and copper value chain - from bauxite and coal mining to alumina refining, primary aluminium smelting and downstream products. A major pillar of this strategy is...
The global aluminium industry gathered in London with one pressing question hanging over the market - how severe could the supply shock from the Middle East become, and how long will its impact last? At the World Aluminium Summit hosted by CRU Group at Savoy Place, more than 360 delegates discussed how disruptions across the Gulf Cooperation Council (GCC) region are tightening supply chains at a time when global inventories are already critically low. Opening the conference, Paul Williams, Head of the Aluminium Value Chain at CRU, described the situation as a “short-term crisis but longer-term opportunity,” warning that aluminium prices could rise above USD 4,000 per tonne over the next 12 to 18 months. Gulf disruption sends shockwaves through supply chains According to CRU, aluminium...
Japan’s aluminium premium has climbed from USD 86 per tonne in Q4 2025 to an average USD 351.5 per tonne (ranging between USD 350-353 per tonne) for Q2 2026 shipments, being the steepest quarterly escalation in more than a decade and the highest level since the USD 380-per-tonne settlements recorded in 2015. The recently agreed premium has added more than USD 260 per tonne to Japanese buyers’ physical procurement costs within 6 months, pushing delivered aluminium prices above USD 3,800 per tonne. The scale and speed of the escalation have fundamentally altered the role of the Japan Main Port (MJP) premium, long regarded as Asia’s benchmark for physical aluminium shipments. Historically, the premium largely reflected freight economics, regional demand and availability. In 2026, it has...
According to six sources, the leading aluminium producer in the Middle East, Emirates Global Aluminium (EGA), is reportedly in negotiations with Oman in order to acquire a stake in competing producer Sohar Aluminium of Oman, which has an annual production capacity of about 395,000 tonnes. This is an indication of EGA’s aim to venture beyond the UAE and set cornerstones across the Middle East and the world. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report The development aligns with EGA’s ongoing international growth strategy. The UAE-based producer, which exports nearly 90 per cent of its aluminium output, has been expanding overseas to strengthen its global footprint...
On May 15, the National Aluminium Company Ltd share price was traded at INR 416.00 on the National Stock Exchange of India Limited (NSE) as the market opened. This marked a day-on-day increase of 2 per cent, which, on the last day's open, was recorded at INR 407.80. The firm's share price is deemed to be continuing its upward trend for the third session in a row. Month-on-month, the firm experienced a slight dip in its share price by 1.8 per cent, which on April 15, 2026, was seen to be at INR 423.90. During this period, the Nifty Metal index, which also constitutes the firm, dipped by 7.95 per cent and was being traded at 13290.8, up 1.92 per cent for the day. Also read: Middle East conflict disrupts NALCO’s alumina exports, affects prices Year-on-year, the firm's stock inched up by 133...
The London Metal Exchange (LME) aluminium price on May 14 rose further to its four-year high, surpassing the previous day’s closing for both the spot and longer-dated contracts. Additionally, LME inventory declined, while cancelled warrants increased from the last day. The LME cash bid and cash offer rose by USD 38 per tonne and USD 38.5 per tonne, respectively, owing to a difference of 1 per cent, where the bid moved from USD 3,729 per tonne to USD 3,767 per tonne and the offer from USD 3,729.5 per tonne to USD 3,768 per tonne. To look for buying or selling leads of primary aluminium ingots, visit our B2B marketplace . Concurrently, the LME forward-dated contracts also rose by USD 16.5 per tonne and USD 16 per tonne, respectively, reflecting a change of 0.5 per cent, where the LME...
China’s East Hope Group, one of the world’s largest aluminium producers, is considering an investment of USD 12.6 billion in Kazakhstan’s bauxite mining and aluminium sector, according to the country’s Ministry of Industry and Construction. The proposal was discussed during talks between Industry and Construction Minister Yersayin Nagaspayev and East Hope Group’s Director for Strategic Investments, Chen Lei. The investment plan builds on earlier discussions held on February 17, 2025, when East Hope Group announced plans to invest more than USD 12 billion in Kazakhstan’s green aluminium and non-ferrous metals secto r following meetings with senior Kazakh officials. The broader initiative includes mining, raw material processing, an aluminium smelter with electrolysis facilities, and...
London-headquartered mining company and aluminium producer Rio Tinto has appointed its new Chief Legal Officer, Governance and Corporate Affairs, Trudi Charles. She is to assume the role on August 1, 2026, succeeding Isabelle Deschamps in this position. Explore: The most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Report With an experience portfolio covering more than 20 years, Charles has undertaken various senior legal roles at BP across its segments of downstream and supply, trading and shipping businesses. At present, she is the Deputy General Counsel and Senior Vice President Legal, Supply, Trading and Shipping at BP plc. Prior to this role, for almost eight years, she was an employee...
On May 13, the London Metal Exchange (LME) aluminium price, after following a downward price movement for some time, significantly rose across all its contracts, crossing a four-year high as well. Moreover, the LME inventory also saw a shift, where opening stock and live warrants declined, but the cancelled warrants rose greatly. Both the LME cash bid and cash offer rose by USD 90 per tonne or 2.5 per cent, where the bid shifted from USD 3,639 per tonne to USD 3,729 per tonne and the offer from USD 3,639.5 per tonne to USD 3,729.5 per tonne. To look for buying or selling leads of primary aluminium ingots, visit our B2B marketplace . Similarly, the LME forward contracts also rose, where the LME 3-month bid changed to USD 3,649 per tonne from USD 3,565.5 per tonne, owing to a difference of...
London Metal Exchange has reappointed John Williamson as Chairman of the Board following the completion of his initial term. Williamson said the exchange had gone through a period of significant change and transformation over the past three years. In his words, “Over the past three years, the Exchange has navigated a period of significant change and transformation, and I am proud of the progress made by the LME team as we turned strategy into delivery and strengthened our foundations for the future.” To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” He also said trusted market infrastructure and reliable price discovery are becoming increasingly important in a changing global...
Arctial, backed by Rio Tinto, is targeting first hot metal production from its planned aluminium smelter in Finland in the second half of 2029. Speaking at the CRU World Aluminium Conference in London, Arctial chief commercial officer Maxime Vandersmissen said the project aims to produce around 610,000 tonnes of aluminium annually. The project is still awaiting a final investment decision, expected in 2027. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” According to the company, the new smelter could increase aluminium production in Europe by around 20 per cent. Europe produced 7.1 million tonnes of aluminium in 2025, according to the International Aluminium Institute. This...
Africa’s aluminium sector entered 2026 facing a difficult question: how exposed has the continent’s supply chain become to power disruptions and concentrated production risks? The concern intensified after regional aluminium production declined to 381,000 tonnes in Q1 2026, marking a 6.2 per cent drop from 406,000 tonnes in Q4 2025 and a 3.3 per cent Y-o-Y decline compared with 394,000 tonnes in Q1 2025. The decline exposed how dependent Africa’s aluminium chain remains on concentrated production hubs, fragile electricity systems and climate-sensitive infrastructure. Africa’s aluminium output looked stable through 2025 - so what changed? For much of 2025, Africa’s aluminium production remained relatively balanced. Output increased from 394,000 tonnes in Q1 2025 to 407,000 tonnes in Q2,...
Shares of Aluminium Corporation of China Limited slipped 3.38 per cent on Monday, May 11, closing at HKD 11.15 (USD 1.43) from HKD 11.54 (USD 1.48) on the Hong Kong Stock Exchange, amid broader weakness across the commodities sector. According to market data from StockInvest.us dated May 12, 2026, the stock moved within a volatile trading range during the session, even as the company continued to hold positive technical indicators from its moving averages. Known globally as Chalco, the Beijing-headquartered aluminium major remains one of the world’s largest integrated aluminium producers, with operations spanning bauxite mining, alumina refining, primary aluminium smelting and downstream processing. The company is listed on the Hong Kong Stock Exchange under 2600.HK and on the Shanghai...
Aluminium Bahrain, the world’s largest aluminium smelter on a single site, reported a sharp rise in profitability in Q1 2026 despite operational disruptions caused by regional tensions across the Gulf. Profit attributable to equity holders surged 316 per cent year on year to BHD 75.3 million (USD 200.3 million) in Q1 2026, compared with BHD 18.1 million (USD 48.2 million) in Q1 2025. However, compared with Q4 2025, profit declined from BHD 108.7 million (USD289.2 million), reflecting a quarter-on-quarter drop of around 30.7 per cent. Operationally, the quarter reflected mounting regional pressure on production and trade flows. Sales volume declined 17 per cent Y-o-Y in Q1 2026, to 312,563 tonnes as shipping disruptions, including constraints through the Strait of Hormuz, affected exports...
In comparison to the previous day’s close, the London Metal Exchange (LME) aluminium price on May 12 dipped slightly. A similar movement was seen at the LME inventory level, but the live warrants and alumina platts price showed no change from the last day’s closing. The LME cash bid declined by USD 15 per tonne or 0.4 per cent, changing from USD 3,654 per tonne to USD 3,639 per tonne. Similarly, the LME cash offer also dipped by USD 15.5 per tonne or 0.4 per cent, moving down to USD 3,639.5 per tonne from USD 3,655 per tonne. To look for buying or selling leads of primary aluminium ingots, visit our B2B marketplace . Looking at the forward-dated contracts, the LME 3-month bid inched down by USD 4.5 per tonne or 0.1 per cent, from USD 3,570 per tonne to USD 3,565.5 per tonne. At the same...
Global aluminium prices are expected to remain above USD 4,000 per tonne between the third quarter of 2026 and the second quarter of 2027, according to the Commodities Research Unit (CRU). Paul Williams, head of aluminium value chain at CRU, said at the World Aluminium Summit in London that the expected price rise is linked to a growing supply deficit caused mainly by the conflict involving Iran. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” Aluminium prices on the London Metal Exchange have already increased by 18 per cent this year. Benchmark aluminium prices were last reported at USD 3,559 per tonne after reaching a four-year high of USD 3,672 per tonne in mid-April. The...
Alcoa Corporation continues to benefit from strong demand in its aluminium business, supported by the packaging, electrical and transportation sectors. The company’s aluminium production capacity has increased following the restart of the San Ciprián smelter in Spain, Alumar in Brazil and Lista in Norway. To know the long-term bauxite market forecast, book our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” In the first quarter of 2026, Alcoa’s Aluminium segment’s third-party sales rose to USD 2.54 billion from USD 1.91 billion in the first quarter of 2025. Aluminium product sales also increased to USD 2.58 billion from USD 1.96 billion in the same period last year. The company said aluminium demand has continued to grow due to...
