Maaden’s aluminium business delivered a stronger Q2 2026 performance, with revenue rising 49 per cent year on year to USD 1.01 billion, supported by higher aluminium production and stronger realised prices. According to industry sources, Maaden’s aluminium business produced 242,000 tonnes in Q2 2026, while realised aluminium prices reached USD 3,915 per tonne, up 51 per cent. The combination of higher aluminium output and stronger realised prices helped drive the 49 per cent increase in Maaden aluminium revenue to USD 1.01 billion. The growth came alongside gains in both volume and pricing rather than from a one-off accounting effect. The stronger Q2 performance puts aluminium prices in focus for Maaden’s earnings. With realised aluminium prices reaching USD 3,915 per tonne, the company...
Vedanta Aluminium has become India’s second-largest exporter of goods from a Special Economic Zone (SEZ), recording exports of around USD 3.5 billion in FY26, according to the company. Its SEZ facility in Jharsuguda, Odisha, contributed around 6 per cent of India’s total SEZ goods exports during the financial year ended March 2026. The company supplies customers in more than 60 countries, including markets in Europe, the United States, Japan and Southeast Asia. Vedanta Aluminium’s export portfolio includes primary and value-added aluminium products such as billets, wire rods, rolled products, primary foundry alloys and ingots. It also includes the company’s low-carbon Restora aluminium range, manufactured using renewable energy with GHG emissions of below 4 tonnes of CO2 equivalent per...
Grow with
AL Circle
In October 2020, primary aluminium production in East & Central Europe stood at 351,000 tonnes, up by 13,000 tonnes or 3.85 per cent from 338,000 tonnes in September 2020, according to the latest data showed by the International Aluminium Institute (IAI). The output grew in October after a plunge in the previous month by 11,000 tonnes or 3.15 per cent from 349,000 tonnes in August. In July 2020, East & Central Europe’s primary aluminium output also stood at 349,000 tonnes, meaning the production in August remained flat month-on-month. On a year-on-year calculation, primary aluminium production in East & Central Europe in October 2020 stood lower by 5,000 tonnes or 1.4 per cent from 356,000 tonnes. In the entire ten months of the year, primary aluminium production in East & Central Europe...
Africa’s primary aluminium production in October 2020 grew month-on-month by 5,000 tonnes or 3.82 per cent, following a dip in the previous month. According to the International Aluminium Institute (IAI) data, Africa’s primary aluminium output in October came in at 136,000 tonnes compared with 131,000 tonnes in September. In August 2020, Africa produced 135,000 tonnes of primary aluminium; hence, the output in September was down by 4,000 tonnes or 2.96 per cent. In August, however, Africa’s production improved month-on-month from 133,000 tonnes in July. But despite the month-on-month hike, Africa’s primary aluminium production in October 2020 stood down on a yearly basis. During the same period last year, Africa’s primary aluminium output had amounted to 138,000 tonnes, which means the...
Three-month LME aluminium trended up this week during November 16-20 by 1.84 per cent. On Monday, November 16, three-month LME aluminium rose 0.96 per cent to stand at US$ 1953 per tonne. On Tuesday, November 17, the price stood at US$ 1982 per tonne further growing by 1.48 per cent. On Wednesday, November 18, it increased marginally by 0.4 per cent to settle at US$ 1990 per tonne, while on November 19, fell 0.05 per cent to come in at US$ 1989 per tonne. LME aluminium cash (bid) price and LME official settlement price grew this week by US$ 51 per tonne or 2.64 per cent. Starting the week on Monday, November 16 at US$ 1933 per tonne, both LME aluminium cash (bid) price and LME official settlement price climbed to US$ 1944.50 per tonne on Tuesday, November 17, marking a hike for the third...
SMM aluminium ingot price performed higher over the week, except Tuesday. The price on Monday, 16 November stood at RMB 15670 per tonne, up RMB 40 per tonne from Friday. The price dropped by RMB 80 per tonne to RMB 15590 per tonne on Tuesday. Aluminium ingot price ended the week higher at RMB 15930 per tonne on Friday, 20 November 2020, from RMB 15920 per tonne on Thursday. According to Shanghai Metals Market, primary aluminium ingot inventories continued to decline this week. Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 14,000 tonnes to 615,000 tonnes as of November 19. The alumina price in China continued to remain flat over the week. The price is currently hovering at RMB 2280 per tonne as of Friday, 20...
North America’s primary aluminium production stood at 334,000 tonnes in October 2020, according to the latest data showed by the International Aluminium Institute (IAI). This marked an increase of 5.7 per cent year-on-year. On a month on month basis, the output rose by 5.36 per cent from September’s production of 317,000 tonnes. The output totalled 3.310 million tonnes in the first ten months of 2020, from 3.174 million tonnes in the first ten months of 2019. The production stood 4.28 per cent higher than the same period last year. In 2019, the output stood at 3.809 million tonnes, an increase of 0.93 per cent from 3.774 million tonnes in 2018. In South America , primary aluminium production reduced by 12.87 per cent year-on-year but up 6 per cent month-on-month to 88,000 tonnes in...
Global primary aluminium production stood at 5.592 million tonnes in October 2020, with a year-on-year increase of 4.52% from 5.350 million tonnes in October 2019, according to the latest data showed by the International Aluminium Institute (IAI) on Friday, 20 November 2020. On a month-on-month comparison, the output rose by 3.54% from 5.401 million tonnes. Total primary aluminium production stood at 54.186 million tonnes in the first ten months of 2020, representing an increase of 2.31% from 52.963 million tonnes in the first ten months of 2019. In Asia ex-China, aluminium production came in at 350,000 tonnes in October, down 5.41% from 370,000 tonnes in October 2019. On a month-on-month basis, the output registered a hike of 2.64%. In January-October, the production came in at 3.431...
The struggling Portland Aluminium smelter in Victoria should have its future revealed within months, as its largest stakeholder Alcoa articulated a desire towards investment, only if affordable power could be secured. Since 2019, the chances for the Portland smelter have looked gloomy, as during that phase Alcoa brought a program to closedown smelters that were financially and environmentally uncompetitive. Portland Aluminium’s dependency on brown coal-fired electricity from Victoria's La Trobe Valley and the fact that a $200 million Victorian government support package could not stop it losing $US136.9 million between 2017 and 2019, which have raised concerns that it would be among the smelters to shut down when the government support package expires in June 2021. But plunging power...
Aluminium Stewardship Initiative is seeking to expand its team for offering better service and thus, looking for employees for two new positions – 1) Certifications Manager and 2) Database Development and Support – Knack. ASI has already started accepting applications for the new positions, and the last date for submission is December 1, 2020. Both the positions are permanent and full time. While Certifications Manager will report to Director of Assurance, Database Development and Support – Knack will report to elementAl Manager. Certifications Manager is a newly created role and will be responsible for managing the efficiency and effectiveness of ASI Certification workflows, supporting the integrity and impartiality of assurance processes, and improving the ASI program. The candidate...
Three-month LME aluminium fell 0.05 per cent to close at US$ 1,989 per tonne on Thursday, November 19, with open interest falling to 724,000 lots. It is expected to trade between US$ 1,970-2,010 per tonne today. Both LME aluminium cash (bid) price and LME official settlement price grew further on Thursday, November 19, although slower than the previous days, by US$ 5 per tonne to stand at US$ 1,983 per tonne. 3-months bid price and 3-months offer price stood at US$ 1,994.50 per tonne, almost flat compared with US$ 1,994 per tonne on November 18. Dec 21 bid price and Dec 21 offer price exceeded US$ 2,000 per tonne to stand at US$ 2,013 per tonne. The LME aluminium opening stock decreased from 1409575 tonnes to 1404425 tonnes on November 19. Live Warrants hovered at 1238775 tonnes, while...
SMM aluminium ingot price has risen by RMB 10 per tonne from its earlier price to RMB15930 per tonne on Friday, 20 November 2020. The price has registered a hike for the three times in a row. It expected to move within a range of RMB 15910-15950 per tonne. In Foshan and Wuxi, the price has increased by RMB 20 per tonne each to stand at RMB 15940 per tonne and RMB 15930 per tonne. Their average prices are expected to range within RMB 15920-15960 per tonne and RMB 15200-15940 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 15950 per tonne and RMB 15860 per tonne, up RMB 40 per tonne and RMB 5 per tonne. Aluminium ingot prices in Shenyang and Linyi have climbed to stand at RMB 15885 per tonne and RMB 15880 per tonne, up RMB 20 per tonne and RMB 30 per tonne. The price in...
Vedanta announced that its Jharsuguda plant received APEX India Green Leaf 'Platinum' Award for sustainability in the Metals & Mining category. The company said Platinum is the highest category among sustainability awards. Mr. CN Singh, CEO - Vedanta Ltd., Jharsuguda, said, “Vedanta’s operations are governed by the robust Vedanta Sustainability Framework, drawn in line with the best international standards. Our business imperatives and social responsibilities are founded on the premise of ‘Zero Harm, Zero Waste & Zero Discharge’, and fulfilled through an unwavering commitment to leverage global expertise, adopt green technology and use resources judiciously, to create a lasting positive impact on the environment, our communities, partners and customers. The APEX India Green Leaf Platinum...
Hindalco Industries Limited is incessantly expanding the prices of its aluminium ingots and aluminium products since October 31 as the global aluminium benchmark price on the London Metal Exchange has surged significantly over more than a week. Like any other Indian aluminium producers, Hindalco links its aluminium ingot and aluminium product prices to the three-month futures of aluminium on the London Metal Exchange. With effect from November 19, Hindalco has increased the price of its aluminium ingot by INR 2,250 per tonne to INR 169,500 per tonne, marking the seventh consecutive time. The company’s aluminium wire rod price has also gained INR 2,250 per tonne on November 19 to come in at INR 180,600 per tonne as against INR 178,350 per tonne a day earlier. Hindalco’s aluminium billets...
China’s social inventories of primary aluminium have declined today, on November 19, for the fifth consecutive week, although lower than the last week. Shanghai Metals Market data shows the inventories have plunged by 14,000 tonnes this week across eight major Chinese consumption areas, including SHFE warrants, to stand at 615,000 tonnes. Last Thursday, November 12, primary aluminium stocks shrank by 25,000 tonnes to come in at 629,000 tonnes. The chart below indicates the current status of primary aluminium inventories across China in more details: The downfall in primary aluminium inventories today has, however, not touched upon all the major Chinese cities today except Nanhai, Wuxi, and Shanghai. While the inventories in Nanhai have declined by 12,000 tonnes over the week to 171,000...
National Aluminium Company Limited (NALCO) has increased its aluminium products price for the seventh time in a row. With effect from Thursday, 19 November 2020, the company’s aluminium ingots price came in at INR 170,050 – 173,550 per tonne, a growth of INR 3,000 per tonne from INR 167,050 – 170,550 per tonne on November 17. The company is selling its aluminium billets at INR 173,500- 176,150 per tonne on November 19. That was up by INR 3,000 per tonne from INR 170,500 – 173,150 per tonne on November 17. Aluminium wire rods price stood at INR 173,550-177,900 per tonne, from INR 170,550 – 174,900 per tonne. 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 increased by more than...
Australian Bauxite Limited (ASX:ABX) has reported the economic assessment of its 89 per cent owned subsidiary Alcore Limited and work being undertaken by Alcore to process aluminium fluoride (AlF3). Aluminium fluoride is a mineral used for smelting aluminium. It is also being investigated for advanced lithium-ion batteries. Alcore aims to become the first domestic producer of aluminium fluoride which will diversify and increase the security of supply for Australian smelters. It will also enable the country to export to other smelters worldwide. Currently, Australian aluminium smelters rely entirely on imported AlF3. In the last 12 months, smelters secured more than 26,000 tonnes of AlF3 at an average US$ 1,266 per tonne from China alone. Alcore AlF3 is the world’s first production of the...
Vedanta has raised its aluminium products price for the sixth time in a row. With effect from Thursday, 19 November 2020, the prices of some aluminium ingots are in the range of INR 166,500-179,500 per tonne, up by INR 2,250 per tonne from INR 164,250-177,250 per tonne on November 18. The company’s billet price came in at INR 174,500 per tonne on November 19, marking an increase of INR 2,250 per tonne from INR 172,250 per tonne on November 19. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium prices on LME are up more than 8% so far in 2020. Vedanta’s aluminium business typically accounts for one-third of the company’s consolidated sales. Vedanta has a stake in Bharat Aluminium Co Ltd and...
Three-month LME aluminium increased 0.4% to close at US$1,990 per tonne on Wednesday, with open interest falling to 728,000 lots. SMM expects the contract to trade between US$1,970-2,020 per tonne today. As of Wednesday November 18, LME aluminium cash (bid) price stands at US$ 1978 per tonne, LME official settlement price stands at US$ 1978 per tonne; 3-months bid price stands at US$ 1994 per tonne, 3-months offer price is US$ 1994 per tonne; Dec 21 bid price stands at US$ 2011per tonne, and Dec 21 offer price stands at US$ 2011per tonne. The LME aluminium opening stock stood at 1409575 tonnes. Live Warrants totalled 1240775 tonnes, and Cancelled Warrants were 168800 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 1985.02per tonne. SHFE Aluminium Price Trend...
A00 aluminium ingot price in China has extended its growth on Thursday, November 19, to stand close to RMB 16,000 per tonne, according to the Shanghai Metals Market. Data shows the price has jumped by RMB 170 per tonne and standing at RMB 15,920 per tonne, with average prices likely to range between RMB 15,900-15,940 per tonne. The spot contract is expected to trade at RMB 140-180 per tonne. In Gongyi and Foshan, the primary aluminium ingot price has also hiked by RMB 170 per tonne to come in at RMB 15,780 per tonne and RMB 15,920 per tonne, respectively. Chongqing has seen the highest growth of RMB 185 per tonne to RMB 15,855 per tonne, while that in Shenyang and Wuxi has increased by RMB 155 per tonne and RMB 150 per tonne to come in at RMB 15,865 per tonne and RMB 15,910 per tonne,...
