The Aluminum Association of Canada (AAC) welcomes the integration of country of smelt and cast reporting into Canada’s Aluminum Import Monitoring Program (AIM), effective October 1, 2026. This milestone strengthens transparency across aluminium supply chains and equips authorities with better information to monitor trade flows and identify potential circumvention. The new requirements build on Canada’s progressive development of its aluminium import monitoring framework: • September 1, 2019: Canada launched AIM under General Import Permit No. 83, following the Canada–US joint statement on steel and aluminium trade. • Summer 2024: Global Affairs Canada (GAC) consulted stakeholders on collecting and publishing country of smelt and cast information. • July 31, 2025: Under a separate trade...
Futures: SHFE aluminium closed at RMB 23,145 per tonne, edging down 0.19 per cent. Although prices held above MA5 (23,077) and MA10 (23,044), they remained capped by MA30 (23,760) and MA60 (23,767), with the overall market in a consolidation phase following the sharp decline. The MACD indicator's dual lines (DIF=-261.81, DEA=-237.16) operated below the zero axis, with the green bar expanding to -49.29, failing to extend the previous day's bottom divergence repair, indicating fading rebound momentum. Trading volume shrank to 54,800 lots, with market activity turning cautious. The suggested core trading range for SHFE aluminium is 22,700-23,500. LME aluminium closed at USD 3,008 per tonne, edging up 0.07 per cent. Prices barely held above MA5 (3,002.4) but remained pressured by MA10...
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Major aluminium producers have offered Japanese buyers premiums of USD 310-325 per tonne for primary aluminium shipments in the October-December quarter. The bar is 18-22 per cent lower than the USD 395 per tonne premium agreed for the current July-September quarter. The premium paid by Japanese buyers over the LME cash price is closely watched as a benchmark for aluminium pricing in Asia. The latest offers come after two quarters of rising premiums, driven by tighter physical availability and supply disruptions. Premiums increased from USD 195 per tonne in January-March to USD 350-353 per tonne in April-June and further to USD 395 per tonne for July-September , as geopolitical disruptions affected aluminium supply routes and spot availability, while low LME inventories added to pressure...
The London Metal Exchange (LME) aluminium price faltered across the pricing and contract segments on the September 2 close. The trend reflected a contrast of the surge reported in the September 1 session . The LME aluminium cash bid pulled back by 0.18 per cent day-on-day on September 2, down to USD 3,254.5 per tonne from USD 3,260.5 per tonne. The offer shifted to USD 3,255.5 per tonne from USD 3,261 per tonne, marking a difference of 0.17 per cent.to Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook On September 2, the LME aluminium three-month bid price contracted to USD 3,253 per tonne from USD 3,260 per tonne on September 1, reporting a 0.22 per cent drop. The offer...
Slovalco has begun restarting its Žiar nad Hronom smelter after more than three years offline, with 75,000 tonnes of annual primary aluminium capacity targeted by February 2027. Slovalco has begun the gradual restart of its primary aluminium smelter in Žiar nad Hronom, Slovakia, bringing production back after the plant's remaining furnaces were shut down in early 2023 amid high electricity prices and insufficient compensation for energy-intensive industry. The first pots have already been restarted, with 100 of the smelter's 226 electrolytic pots expected to be operating by the end of February 2027. That first phase will restore approximately 75,000 tonnes per year of primary aluminium capacity, compared with the plant's total capacity of about 175,000 tonnes per year. The restart is...
Chandni Machines Limited has begun work on its new aluminium ingot manufacturing project at Kuvada GIDC in Rajkot, Gujarat. For the project, the company has leased an industrial factory building covering around 22,000 square feet for the facility. It has an existing electricity connection of around 37 KW. It has also placed machinery and equipment orders worth approximately INR 15 million (USD 158,000), with the required payments already made. Once operations stabilise, the facility expects to produce around 300 tonnes of aluminium ingots per month. Based on its current internal estimates and an average cost assumption of around INR 315 per kg (USD 3,320 per tonne), a monthly revenue of around INR 94.5 million (USD 996,000) is estimated. The machinery will begin arriving in phases from...
The London Metal Exchange (LME) aluminium market recorded higher prices across its cash and futures contracts on September 1 compared with the August 28 session, while opening stocks remained largely stable. The LME aluminium cash bid increased 1.21 per cent from USD 3,221.5 per tonne on August 28 to USD 3,260.5 per tonne on September 1. The cash offer also rose 1.21 per cent, from USD 3,222 per tonne to USD 3,261 per tonne. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The three-month contract also moved higher. Both the bid and offer climbed 0.62 per cent. Bid from USD 3,240 per tonne to USD 3,260 per tonne, and the offer rose from USD 3,241 per tonne to USD 3,261 per...
National Aluminium Company Ltd (NALCO) has reported its highest-ever operational and financial performance for FY2025-26 as the state-run aluminium producer moves ahead with major expansion projects and a broader push into critical minerals and resource security. National Aluminium Company Ltd (NALCO) has delivered its highest-ever operational and financial performance in FY2025-26, with the state-run aluminium producer also preparing to expand production capacity across its alumina, bauxite, aluminium and captive power operations. Addressing NALCO's 45th Annual General Meeting, Chairman-cum-Managing Director Brijendra Pratap Singh said the company achieved record performance across key operational parameters during the year, resulting in its highest-ever revenue from operations, profit...
CREA estimates that Chinese investment in Indonesia's aluminium industry currently stands at between USD 5.5 billion and USD 6 billion, and forecasts that figure could rise to USD 30 billion by 2030. China currently produces around 60 per cent of the world's aluminium. Chinese companies began expanding into countries such as Indonesia after Beijing imposed a domestic cap on aluminium production in 2017 as part of efforts to address overcapacity. Putra Adhiguna of Jakarta-based Energy Shift Institute said Indonesia's relatively fewer restrictions have helped attract investment. The expansion also benefits from Indonesia's classification of aluminium and nickel as “transition minerals”, given their use in technologies such as electric vehicles and solar panels. But that classification has...
South Korea’s Russian aluminium imports reached a record high in 2025, making Russia the country’s largest aluminium supplier for the first time. The sharp increase has strengthened Korea’s dependence on Russian metal even as the US and Europe tighten sanctions against Moscow. The exposure is significant for Korea’s defence industry, where aluminium and its alloys are used in missiles and other weapons systems. Korea imported 483,084 tonnes of aluminium from Russia in 2025, according to Korea Customs Service data, representing a 41 per cent increase year on year. The volume exceeded imports from Australia at 408,657 tonnes and China at 394,837 tonnes. The shift has become increasingly pronounced since 2022. Compared with the 120,629 tonnes imported from Russia in 2021, last year’s volume...
Aluminium Bahrain B.S.C. (Alba) has appointed three executives across finance, legal and organisational development, strengthening its leadership capabilities as the company prepares for its next phase of growth. Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, has strengthened its leadership team with three strategic appointments spanning finance, legal affairs and organisation development. The company has appointed Layla Al Qassab as Director of Finance, effective September 1, 2026; Taimur Tufail as Manager Legal, effective August 23, 2026; and Aysha Salem as Manager Organisation Development & HR Analytics, effective September 6, 2026. Alba said the appointments will further strengthen its leadership capabilities, enhance organisational effectiveness...
Aluminium prices settled 0.35 per cent higher at INR 345.6 (USD 3.64), backed by declining exchange inventories, expectations of additional fiscal measures in China and concerns over constrained supply from the Middle East. However, improving production prospects in the region limited further gains. Aluminium warehouse scenario Aluminium inventories in Shanghai Futures Exchange ( SHFE )-monitored warehouses declined by 3 per cent from the previous week. Stocks at three major Japanese ports also fell 8.8 per cent month-on-month to 201,000 tonnes at the end of July, partly reflecting lower imports from the Middle East amid tensions resulting from the US-Iran conflict. China's economic outlook has also supported expectations of further policy measures. The country's GDP growth slowed to 4.3...
The London Metal Exchange (LME) aluminium price chart recovered on the August 28 trading session across the pricing and contract segments compared to the August 27 close. On the inventory side, opening stocks and live warrants remained stable for three consecutive sessions. The LME aluminium cash bid and offer prices gained 0.3 per cent day-on-day on August 28. The bid shifted from USD 3,212 per tonne to USD 3,221.5 per tonne, and the offer surged from USD 3,212.5 per tonne to USD 3,222 per tonne . Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook On August 28, the LME aluminium three-month bid and offer prices reported a 0.78 per cent rise over the August 27 session. The...
Saudi Arabian Mining Co. (Maaden) has secured USD 1 billion in inaugural international syndicated credit facilities, with strong demand from global lenders highlighting confidence in the company's expansion strategy and Saudi Arabia's broader mining ambitions. Maaden has secured USD 1 billion in international credit facilities as the Saudi mining giant looks to expand its operations and capture opportunities created by the Kingdom's rapidly developing mining sector. The financing was significantly oversubscribed, attracting participation from leading international banks across the US, Canada, Europe, China and Japan. The strong demand gives Maaden broader access to international sources of capital while signalling lender confidence in the company's financial position, strategic direction...
The US urgently needs more aluminium for its defence sector, but new smelters will take years to come online, while disruptions to high-purity aluminium imports have exposed a more immediate supply vulnerability. The United States is facing a growing aluminium supply challenge that is becoming increasingly important for its defence sector, as rebuilding domestic production capacity remains a long-term process and overseas supply disruptions threaten access to specialised metal. President Donald Trump recently said the US “desperately” needs more aluminium, highlighting the urgency facing a market that remains heavily dependent on imports despite efforts to revive domestic production. One of the most prominent new projects is the planned aluminium smelter in Inola, Oklahoma, a joint...
Century Aluminum shares rose 4.4 per cent to USD 45.89 on August 27, extending a strong 2026 rally, but GuruFocus' GF Value model puts the stock's estimated intrinsic value at just USD 23.25. Century Aluminum Co's stock is moving in two very different directions depending on which metric you look at. On August 27, shares of the US aluminium producer gained 4.4 per cent to USD 45.89, putting the stock up 17.1 per cent year to date and an impressive 102.2 per cent over the past year. Yet, despite the strong momentum, GuruFocus' valuation model considers Century Aluminum considerably overvalued at its current price. The platform's GF Value stands at USD 23.25, compared with the stock's USD 45.89 price. That represents a 97.4 per cent premium to its estimated GF Value, highlighting the gap...
Vedanta Aluminium shares gained 3.32 per cent after Vedanta Resources denied speculation that it planned to sell its stake in the aluminium business, while brokerages maintained bullish views on the stock. Vedanta Aluminium came into focus after its parent, Vedanta Resources, dismissed reports and market speculation about a possible stake sale in the company. The clarification also covered Vedanta Limited and other group businesses, including Vedanta Oil and Gas, Vedanta Power and Vedanta Iron & Steel. Vedanta Resources said it has no plans to sell its stake in any of these companies and remains focused on growth and value creation. The development came as both Vedanta Aluminium and Vedanta Limited recorded gains on the BSE on Wednesday. Vedanta Aluminium shares gain after stake-sale...
Oklahoma Primary Aluminum has outlined the environmental controls planned for its proposed aluminium smelter at the Tulsa Port of Inola, a project that could add up to 750,000 tonnes of annual primary aluminium capacity in the United States. The proposed facility is expected to create at least 1,000 permanent direct jobs, according to the company. It is also part of the broader effort to expand domestic aluminium manufacturing and reduce US reliance on imported primary metal, although the project remains under regulatory review. Speaking to a media outlet, Project Director Ziad Fares addressed concerns raised about fluoride emissions and the potential impact on nearby farms and ranches. When asked about whether the proposed smelter would be safe, He commented, “Absolutely, otherwise,...
The London Metal Exchange (LME) aluminium price chart declined on the August 27 trading session across the pricing and contract segments compared to the August 26 close . Meanwhile, the Asian Reference Price surged, and the inventories held steady. The LME aluminium cash bid and offer prices plunged 0.46 per cent day-on-day on August 27. The bid dipped from USD 3,227 per tonne to USD 3,212 per tonne, and the offer shifted from USD 3,227.5 per tonne to USD 3,212.5 per tonne. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook On August 27, the LME aluminium three-month bid and offer prices reported a 0.71 per cent decline over the August 26 session. The bid moved from USD...
The Aluminum Association has responded to President Donald Trump’s recent remarks that the United States “desperately needs aluminium,” with its President and CEO Charles Johnson calling for an “all-of-the-above” approach that expands both primary and recycled aluminium production while maintaining access to imported metal from reliable trading partners. Johnson said Trump was right about the need for aluminium in the US but argued that domestic production alone cannot meet current demand. “We need to build both primary and secondary capacity — coupled with smart, targeted trade enforcement — to win the future,” he said. The comments followed Trump’s remarks during a telephone rally for Oklahoma Republican gubernatorial candidate Mike Mazzei. There he stated, “Selfishly, we need aluminium...
