The aluminium trade graph, excluding scrap, of Argentina in the first eight months of 2026, till August, continues to surge with steady momentum, indicating an increase in shipments and export earnings of the nation. As of year-to-date (YTD) August 2026, Argentina exported a total of 48,977 tonnes, valued at USD 179.05 million. Excluding aluminium scrap, the export basket covered all the articles of aluminium products including unwrought, bars, rods and profiles, foil, plates, sheets and strips, tube or pipe fittings and aluminium wire. Explore: Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook Volume and value register strong year-on-year growth Calculating the year-on-year growth,...
Vietnam’s first electrolytic aluminium project has reached another major milestone, with the second phase of the 450,000-tonne-per-year (tpa) Da Nong project producing its first batch of molten primary aluminium on October 31, 2026. The milestone, achieved by China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd. (NFC), which is the project’s general contractor, came four months and three days ahead of the contractual schedule, officially moving the second phase from construction to trial production. The latest development builds on the progress made during the first phase, which produced its first batch of molten primary aluminium on July 14. By September 15, all electrolytic cells in the first phase had successfully started producing aluminium. The second...
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The Canadian Technology company, ELYSIS, that has been delivering disruptive innovation for aluminium smelting is now a step closer towards commercialization of a process to produce carbon-free aluminium and it has reached another significant milestone with the accomplishment of construction of the Industrial Research and Development Center in Saguenay-Lac-Saint-Jean, Québec. ELYSIS, a joint venture by Alcoa and Rio Tinto, is scaling up a breakthrough technology that eliminates all direct greenhouse gases from the aluminium smelting process, instead of producing oxygen. Vincent Christ, CEO of ELYSIS, said: “We’re proud to have reached this milestone with completing the Industrial Research and Development Center, despite the challenges of 2020 with the global pandemic. Commissioning the...
A00 aluminium ingot price has recorded an increase of RMB 110 per tonne after two consecutive days of downfall to stand at RMB 16,650 per tonne, as of Wednesday, December 16, according to the Shanghai Metals Market. The average prices are expected to range between RMB 16,630 per tonne and RMB 16,670 per tonne, with the spot contract to be traded at a premium price of RMB 240-280 per tonne, up by RMB 230 per tonne from the previous day. In Gongyi, A00 aluminium ingot price has grown the highest by RMB 130 per tonne to come in at RMB 16,450 per tonne, followed by a hike of RMB 120 per tonne in Foshan and Wuxi to RMB 16,770 per tonne and RMB 16,660 per tonne, respectively. In Hangzhou, Chongqing, and Tianjin, the primary aluminium ingot price has climbed by RMB 100 per tonne to stand at RMB...
The LME complex rose broadly on Tuesday but aluminium shed 0.98 per cent. Benchmark aluminium price on the London Metal Exchange decreased 1 per cent to US$ 2022 per tonne, as of Tuesday, December 15. Both LME aluminium cash (bid) price and LME official settlement price relapsed to US$ 2022 per tonne on December 15, from US$ 2042.50 per tonne on December 14. 3-months bid price and 3-months offer price stood at US$ 2038 per tonne, down by US$ 16 per tonne from US$ 2054 per tonne. Dec 21 bid price and Dec 21 offer price came in at US$ 2067 per tonne. The LME aluminium opening stock remained almost restrained at 1357375 tonnes on December 15. Live Warrants stood at 1175000 tonnes, while Cancelled Warrants at 182375 tonnes. LME aluminium 3-months Asian Reference Price stood at US$ 2037per...
Bosnian and Herzegovinian aluminium producer Aluminij signed a five-year contract with Glencore, the British-Swiss company for the supply of aluminium billets. The synergy between Aluminij and Glencore is consequential for both companies, as their alliance goes back long before last year's suspension of Aluminij's operations. However, details about the financial aspects of the deal or the agreed volume of aluminium billets are yet to be disclosed. The troubled Aluminij resumed production last month, following a 15-month halt and the credit goes to the agreement with an Israeli-Chinese tie-up. Aluminij Industries d.o.o., the newly established Bosnian subsidiary of Israel's M.T. Abraham Group and its partners, China Machinery Engineering Corporation (CMEC) and China Nonferrous Metal...
Data from the National Bureau of Statistics (NBS) showed China’s primary aluminium production in November grew 8.7 per cent year-on-year to 3.18 million tonnes, with daily output hit a record high. Despite a month-on-month downfall of 0.6 per cent in production from October's 3.2 million tonnes, November’s daily output stood at 106,000 tonnes outperforming September’s record of 105,433 tonnes. The hike in production could be attributed to new smelting capacities came online to take advantage of strong demand and high prices in the market. Aluminium prices in China surged 15 per cent in November before striking a nine-year high of RMB 16,925 per tonne on December 2 amid the low input costs. This led to a strong profit margin encouraging smelters to churn out as much metal as possible....
According to the Shanghai Metals Market, A00 aluminium ingot price has decreased for the second day in a row by RMB 110 per tonne to stand at RMB 16,540 per tonne, as of Tuesday, May 15. The average prices are expected to range between RMB 16,520 per tonne and RMB 16,560 per tonne, with spot contract to be traded at a premium price of RMB 10-50 per tonne, down by RMB 20 per tonne from the previous day. In Gongyi and Linyi, A00 aluminium ingot price has declined by RMB 130 per tonne to peg at RMB 16,320 per tonne and RMB 16,490 per tonne, respectively, found SMM. In Chongqing, Shenyang, and Wuxi, primary aluminium ingot price has plunged by RMB 125 per tonne, RMB 120 per tonne, and RMB 115 per tonne, respectively, to hover at RMB 16,540 per tonne. The price in Hangzhou and Tianjin is also...
Are you still away from using our easy to navigate and read news app – AlCircle News? Then you are certainly missing on interesting features and technologies that give a sheer experience to read news in just a few clicks and stay updated with the latest developments in the aluminium value chain market from anywhere and at any time. Here, we have listed all the features offered by our news app that will certainly address the changing pattern of news consumption in the current fast paced life. News Chronology News in the app are covered vertical-wise and chronologically right from the upstream aluminium to downstream and recycle on the homepage for an easy read. At the footer, you may click to read the latest news, watch videos, or go to the sections page to find each vertical of news along...
The LME complex ended higher on Monday, December 14, with aluminium advanced 0.76 per cent. Benchmark aluminium price on the London Metal Exchange surged 1.01 per cent to US$ 2042.50 per tonne, as of Monday. Both LME aluminium cash (bid) price and LME official settlement price soared by US$ 20.5 per tonne to stand at US$ 2042.50 per tonne on Monday, December 14. 3-months bid price and 3-months offer price stood at US$ 2054 per tonne, up by US$ 19.50 per tonne from US$ 2034.50 per tonne to US$ 2054 per tonne. Dec 21 bid price and Dec 21 offer price came in at US$ 2082.50 per tonne. The LME aluminium opening stock jumped from 1329600 tonnes to 1357650 tonnes on December 14. Live Warrants stood at 1177525 tonnes, while Cancelled Warrants at 180125 tonnes. LME aluminium 3-months Asian...
According to the latest data shared by the Iranian Mines and Mining Industries Development and Renovation Organisation (IMIDRO), aluminium ingot production in Iran rose by 52.2 per cent year-on-year during March-November 2020 to stand at 271,300 tonnes. By the end of the current Iranian calendar year (March 20, 2021), Iran’s aluminium ingot output is expected to increase by 63 per cent. Iran’s major aluminium producers produced 275,716 tonnes of aluminium ingots in the past year ended on March 19, 2020, according to IMIDRO. The production fell by 8 per cent in comparison to the same period of the previous year. IMIDRO also showed that Iran’s top aluminium ingot producer Iranian Aluminum Company (IRALCO) had the best performance registering a 4 per cent hike during the mentioned period. On...
According to the Shanghai Metals Market data, A00 aluminium ingot price has opened the week on Monday, December 14, with a downfall of RMB 70 per tonne to stand at RMB 16,650 per tonne, following two consecutive hikes to RMB 16,720 per tonne. The average prices are expected to range between RMB 16,630 per tonne and RMB 16,670 per tonne, with a spot contract to be traded at a premium price of RMB 30-70 per tonne. In Gongyi and Hangzhou, A00 aluminium ingot price has decreased by RMB 80 per tonne to peg at RMB 16,450 per tonne and RMB 16,650 per tonne, respectively. In Linyi, Wuxi, and Shenyang, the primary aluminium ingot price has plunged by RMB 70 per tonne, RMB 65 per tonne, and RMB 50 per tonne to come in at RMB 16,620 per tonne, RMB 16,655 per tonne, and RMB 16,660 per tonne. In...
The Government of Australia will step in as shield for Alcoa’s struggling Portland Aluminium smelter in Victoria to relieve pressure on the power grid, as reported by two ministers on December 14. The government has decided to underwrite up to A$76.8 million ($57.94 million) in revenue earned by the Alcoa Corp-owned aluminium smelter, which feeds 10% of Victoria's electricity needs, to 2025. Angus Taylor, Minister for Energy and Emissions Reduction said: "The Portland aluminium smelter provides unique and valuable energy services and emergency reserves to the grid, particularly over summer." The Victorian aluminium smelter has been accredited as a lifeline for hundreds of workers, but as a lost opportunity to move towards renewable energies. The Australian Workers' Union Victorian branch...
The LME complex declined mostly on last Friday, with aluminium pulled back 0.73 per cent. Benchmark aluminium price on the London Metal Exchange declined 0.44 per cent to US$ 2022 per tonne on Friday, December 11, 2020. Both LME aluminium cash (bid) price and LME official settlement price decreased by US$ 9 per tonne to US$ 2022 per tonne on Friday, December 11, following two consecutive hikes to US$ 2031 per tonne. 3-months bid price and 3-months offer price stood at US$ 2034.50 per tonne, down by US$ 7.50 per tonne from US$ 2042 per tonne. Dec 21 bid price and Dec 21 offer price hovered at US$ 2062.50 per tonne. The LME aluminium opening stock decreased from 1333375 tonnes to 1329600 tonnes on December 11. Live Warrants stood at 1150875 tonnes, while Cancelled Warrants at 178725 tonnes....
The Indian born British industrialist Sanjeev Gupta, whose business empire includes the Lochaber aluminium smelter in Scotland, the UK’s only aluminium smelter, said: “The post-Brexit UK should abandon the European Union’s ‘outdated’ emissions rules.” The call comes from the billionaire businessman as the British Government examines to adopt national emissions trading (ETS), which is analogous to the European Union’s ETS. However, it also accords with this weekend’s UK and France-hosted climate action summit, a forbearer to UN talks in Glasgow next year. Sanjeev Gupta, the Executive Chairman and CEO of GFG Alliance, whose Paris-based subsidiary Alvance Aluminium Group, a globally integrated aluminium business that brings together assets across the aluminium supply chain from raw materials...
On Friday, December 11, Rusal announced that five of its aluminium smelters achieved Aluminium Stewardship Initiative (ASI) Certification. Boguchansky aluminum smelter (BoAZ), Bratsk aluminum smelter (BrAZ), Krasnoyarsk aluminum smelter (KrAZ), KUBAL (Kubikenborg aluminum AB), and Sayanogorsk aluminum smelter (SAZ) have passed the certification audit against the ASI Performance Standards and ASI Chain of Custody Standards carried out by DNV GL and therefore, included in Rusal’s current ASI certificates. So, now, a total of nine Rusal’s facilities meet the requirements of the ASI. In 2019, Rusal’s headquarters and three production sites – Boksit Timana (bauxite mining), Urals aluminium smelter (alumina refining) and Irkutsk aluminium smelter (aluminium smelting, casthouse and alloys...
Vedanta has hiked its aluminium products price after cutting it for the second time in a row. With effect from Thursday, December 10 2020, the prices of some aluminium ingots are in the range of INR 167,500-180,500 per tonne. This marks an increase of INR 1,500 per tonne from INR 166,000-179,000 per tonne on December 9. Billet price has risen to stand at INR 175,500 per tonne on December 10, representing a growth of INR 1,500 per tonne from INR 174,000 per tonne on December 9. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on LME has been increasing since October. Vedanta’s aluminium business typically accounts for one-third of the company’s consolidated sales. Vedanta has a stake...
Hydro has inked Memorandum of Understanding (MoUs) for the development of two renewable projects in Brazil. The companies target to reach an investment decision in 2021. Hydro has signed an agreement with Scatec and Equinor for 480 MW solar power plant in Brazil. This solar project will be located in Rio Grande do Norte in Brazil. “The MoU contemplates joint ownership and development of the project by the three parties and offtake of part of the power production by Hydro.” In addition to this, the company has signed a MoU with Green Investment Group (GIG), to develop a combined wind and solar project with 620 MW installed capacity. The project will be located in Piauí/Pernambuco, northeast in Brazil. These agreements are an important step for Hydro’s newly established Renewable Growth...
The Norwegian aluminium company Hydro stated that it would emphasis on the production of low-carbon aluminium, as well as broaden its portfolio into recycling, renewables and batteries by 2025. Hilde Merete Aasheim, President and CEO of Hydro, said: “We have generated cash, cut costs and delivered extensive operational improvements across the company, providing a solid foundation for our growth agenda.” “Now, we’re raising the bar, setting a new ambitious improvement target for 2025, combined with a clear strategy to make Hydro a profitable and sustainable industry leader.” In the previous year, the company said it has focused on “keeping the wheels turning, maintaining a healthy and safe work environment,” while also working to position the company for the future. Hydro’s development...
Benchmark aluminium price on London Metal Exchange rose 1.04 per cent to US$ 2031 per tonne on Thursday, 10 December 2020, from US$ 2010 per tonne on Wednesday. As of Thursday December 10, LME aluminium cash (bid) price stands at US$ 2031 per tonne, LME official settlement price stands at US$ 2031 per tonne; 3-months bid price stands at US$ 2042 per tonne, 3-months offer price is US$ 2042 per tonne; Dec 21 bid price stands at US$ 2070.50per tonne, and Dec 21 offer price stands at US$ 2070.50per tonne. The LME aluminium opening stock stood at 1333375 tonnes. Live Warrants totalled 1150875 tonnes, and Cancelled Warrants were 182500 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2045 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE increased...
