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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Oceania’s aluminium and alumina industries are navigating a period of transition. Refinery closures, rising power prices, and shifting global markets have reshaped output across the region. Australia remains at the centre of this activity, continuing to supply much of the world’s bauxite, alumina,...
On Monday, October 6, both LME aluminium cash bid price and LME aluminium official settlement price moved up by USD 10 per tonne or 0.37 per cent and 0.36 per cent to halt at USD 2,712 per tonne and USD 2,713 per tonne. As per the data, 3-month bid price and 3-month offer price also added USD 12...
Vedanta Ltd has again pushed back the date for its ambitious demerger. It has moved the target deadline from September 2025 to March 31, 2026, as it awaits approval from the National Company Law Tribunal (NCLT) and completion of related restructuring formalities. Image source: Vedanta Aluminium The...
All eyes are on the fourteenth round of EU-India Free Trade Agreement (FTA) negotiations, scheduled on Monday, October 6, in Brussel, as it promises to build stronger ties of trade and economy between India and the European Union. However, there are a few challenges that have been hindering the...
Vedanta Ltd, under the leadership of Anil Agarwal, has revealed plans to invest INR 13,226 crore (USD 148 million) to boost its aluminium production capacity from the current 2.4 million tonnes per annum (MTPA) to 3.1 MTPA by FY28. This move underscores the company's dedication to solidifying its...
On Friday, October 3, the London Metal Exchange (LME) aluminium cash bid price rose by USD 2.5 per tonne or 0.1 per cent, up from USD 2,699.5 per tonne to USD 2,702 per tonne. The LME aluminium official settlement price added USD 3 per tonne or 0.11 per cent to halt at USD 2,703 per tonne, up from...
Canadian Prime Minister Mark Carney is heading to Washington next week for a crucial meeting with US President Donald Trump. This marks Carney's second visit to the White House since taking office, and expectations are high for progress on long-standing issues, particularly steel and aluminium...
In recognition of his outstanding leadership and dedication, Jean Simard, the President and CEO of the Aluminium Association of Canada, has been awarded the prestigious King Charles III Coronation Medal. As of October 2025, Jean Simard, President and CEO of the Aluminium Association of Canada, is...
Montreal (Canada), October 2, 2025 - EPIQ Machinery inaugurated its new head office in downtown Montreal, nestled on the third floor of the iconic Canada Cement building. The occupancy of these new premises represents a significant milestone for the Canadian equipment manufacturer. The location...
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT) bench in Ahmedabad recently dismissed an appeal concerning the applicable customs duty on imported aluminium foils. The case centred on the date that determines the duty liability and whether the increase in duty rate, from 5 per cent to...
On Thursday, October 2, both LME aluminium cash bid price and LME aluminium official settlement price added USD 16.5 per tonne or 0.61 per cent to halt at USD 2,699.5 per tonne and USD 2,700 per tonne. As per the data, 3-month bid price and 3-month offer price gained USD 17 per tonne or 0.63 per...
Queensland's energy landscape is on the brink of a significant shift, as mining giant Rio Tinto reveals its plans to potentially retire the Gladstone Power Station ahead of schedule, aiming for March 2029, six years earlier than initially planned. This coal-fired power plant, which has been...
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Aluminium Bahrain B.S.C. (Alba) was honoured with the RoSPA President’s Award during the Royal Society for the Prevention of Accidents (RoSPA) Safety Summit 2025, held in partnership with the National Examination Board in Occupational Safety and Health (NEBOSH) on 24 September 2025 at the JW...
London Metal Exchange (LME) aluminium prices inched up on October 1 compared to the previous day. Both the cash bid and offer price rose by USD 15 per tonne or 0.6 per cent and settled at USD 2,683 per tonne and USD 2,683.5 per tonne, respectively. A similar trend was followed in the LME 3-month...
According to ‘Vision Document on Aluminium Metal for India’ published by Government, the country has reached a stage where it produces 4.16 Mtpa of Primary Aluminium and 1.8 Mtpa in the secondary sector. Here Odisha is the main contributor, currently 4 Aluminium Smelters, with a total Installed...
Since its inception in 1953, China's aluminium industry has developed from scratch and grown from small to large, ultimately making China the world's largest aluminium producer. Throughout this process, the formation and evolution of the capacity ceiling reflect the complex interplay between...
Century Aluminum, boasting a market cap of USD 2.65 billion, has hit a 52-week high of USD 28.44, which shows that investor confidence and market interest are on the rise. This milestone highlights the company's robust performance in the non-ferrous metals sector, delivering a 77.26 per cent...
On Tuesday, September 30, both the LME cash bid and offer price inched down by USD 3.5 per tonne or 0.13 per cent and finally settled at USD 2,668 per tonne and USD 2668.5 per tonne. The 3-month bid rose by USD 2 per tonne or 0.07 per cent and stood at USD 2,677 per tonne, and the 3-month offer...
