The London Metal Exchange (LME) aluminium price graph contracted on September 10 across cash and contracts, with longer-dated contracts reporting nearly 1 per cent decline. The aluminium opening stocks, however, remained stable. The LME aluminium cash bid price shifted from USD 3,351.5 per tonne on...
Our current approach can win economic skirmishes, but not the geopolitical conflict. – Part 2 Impact #5 of ad hoc industrial policy: Failing to use all required tools Industrial policy is often caricatured as just tariffs and subsidies. Mis-framed debates that evaluate the merits of tariffs in...
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On Wednesday, December 3, CLSA renewed its outperform rating on Hindalco and lifted the target price to INR 965 ( USD 11.63) per share following a round of investor interactions. The brokerage firm said the conversations pointed to growing confidence in the company’s earnings outlook and in the...
Across the Gulf, the primary aluminium and alumina sector has been moving at a noticeably different pace this year. Aluminium output across the Gulf Cooperation Council (GCC) has been edging lower through 2025, a trend that becomes clear once the latest numbers are lined up against last year’s. In...
This week, with the tender price for aluminium fluoride set by a leading downstream enterprise, the market received guidance, and overall prices rose. As of now, SMM aluminium fluoride prices closed at RMB 10,200-10,500 per tonne, and SMM cryolite was quoted at RMB 7,400-9,000 per tonne. Raw...
On December 4, the London Metal Exchange (LME) aluminium price showed no change from the previous day’s close. On the other hand, 3-month prices rose slightly with a decline in the future contracts, but the openning stock and cancelled warrants dipped, but the live warrants held firm. The LME cash...
With the US imposing tariff rules at the beginning of 2025, India’s exporters face a hit in shipment volumes. Statistics by the Global Trade Research Initiative (GTRI) reveal India’s sales to the United States dropped by 28.5 per cent between May and October, following the implementation of...
Chris Bowen, the Federal Energy Minister of Australia, is reportedly pushing the Government agencies to secure a long-term power purchase agreement for Tomago Aluminium’s future. According to Chris Bowen, soaring electricity costs pose severe threat to the nation’s largest aluminium smelter,...
The London Metal Exchange (LME) aluminium prices on December 3 have further inched down from the previous close. However, the 3-month Asian Reference Price showed an upward movement. The LME cash bid declined from USD 2,858 per tonne to USD 2,853 per tonne, representing a decline of USD 5 per tonne...
On December 2, the London Metal Exchange (LME) aluminium cash price fell slightly, but other contracts continued the upward trend. The inventory further dropped from the previous day’s close. The LME cash bid fell by USD 1 per tonne or 0.03 per cent to reach USD 2,858 per tonne and the cash offer...
According to SMM data, the average tax-inclusive full cost for China's aluminium industry in November 2025 was RMB 16,057 per tonne, up 1.1 per cent m-o-m but down 21 per cent y-o-y. This was mainly due to a smaller-than-expected drop in the monthly average alumina price during the period, coupled...
The London Metal Exchange (LME) price on December 1 significantly increased from the previous day’s close. However, the opening stock and cancelled warrants declined along with the cost of alumina platts. Both the LME cash bid and offer rose by USD 34 per tonne or 1.2 per cent, where the bid stood...
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Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter on one site, has been honoured with the ‘Excellence in Safety’ Award by the Lifting Equipment Engineers Association (LEEA) during its annual awards ceremony held at Anfield Stadium, Liverpool, UK, on 18 November 2025. The award...
Rio Tinto’s New Zealand Aluminium Smelter is preparing for a major shift in how it handles spent pot lining, confirming a USD 50 million investment in a new processing facility for the aluminium byproduct at Tiwai Point. The facility will tackle spent cell liners (SCL) that have, until now, been...
LME aluminium saw a firm uptick on November 28 across cash, 3-month and December 2026 contracts, while exchange inventories posted a mild decline. On November 28, the LME aluminium cash bid price stood at USD 2,825 per tonne, rising 0.77 per cent from USD 2,803.5 per tonne on November 27. The cash...
In the aluminium industry chain, traders serve not only as the "lubricant" connecting the smelting end with the consumption end, but also as the "buffer" balancing market supply and demand, and even as the "catalyst" driving industrial upgrading. In 2025, China's aluminium industry entered a...
According to SMM statistics, domestic aluminium production in November 2025 (30 days) increased 1.47 per cent YoY, but decreased 2.82 per cent MoM. Starting in November, aluminium gradually transitioned from peak consumption season to off-season, downstream operating rates showed a downward trend,...
JPMorgan expects aluminium price may get close to USD 3,000 per tonne in early 2026, helped by stronger copper prices and a market that, for now, looks reasonably tight. But several analysts say the outlook becomes much less straightforward once Indonesia’s new supply starts landing, and that may...
JAKARTA, November 2025 - The Ministry of Industry (Kemenperin) has formally proposed extending the Harga Gas Bumi Tertentu (HGBT) scheme priced at USD 6–7 per MMBTU to the aluminium industry. Currently, the subsidised rate is limited to seven sectors: fertiliser, petrochemical, oleochemical, steel,...
The aluminium sector across Africa and Asia (excluding China) has been gathering strength for three years now, and the momentum has carried cleanly into 2025. Over the first nine months of the year, the two regions produced 4.84 million tonnes of primary aluminium, supported by steady monthly...
