As the global aluminium supply chain continues to swing between shifts and crunches, how has Europe fared on the production front in the 2026 year-to-date calendar? Substantially well, going by the output figures. Between January and September 2026, the European continent, including Russia, has produced a total of 5.56 million tonnes of primary aluminium, building a significant year-on-year growth chart. The nine-month growth chart Set against the same period of 2025, the first nine months of 2026 show a clear lift in output. From January to September 2026, Europe, including Russia, produced 5.56 million tonnes of primary aluminium, raising the annual growth rate by 5.69 per cent year-on-year (Y-o-Y) over the 5.26 million tonnes produced in 2025. Explore the production, demand and...
The proposed $4 billion Oklahoma Primary Aluminum (OPA) smelter, a joint venture between Emirates Global Aluminium (EGA) and Century Aluminum, is targeting civil works in the second quarter of 2027, with first hot metal expected between mid- and late 2030. Realization of the 750,000-metric-ton project would render it the first new US primary aluminum smelter in nearly 50 years. However, local restrictions, environmental permitting and ongoing legal hurdles clouded its path towards maintaining the construction timeline. A local moratorium and an April 7 ballot sit on the same calendar. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” A...
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According to the National Bureau of Statistics, China's aluminium production in September grew year-on-year, driven by steady demand and profitable margins for producers. As per the data revealed, China, the world's largest producer of aluminium, churned out 3.65 million tonnes of light metal, up by 1.2 per cent year-on-year. The National Bureau of Statistics also showed the average daily production in September stood at 121,667 tonnes, higher than the previous month's 120,322 tonnes. In contrast, the monthly output in September edged a 2.14 per cent fall from 3.73 million tonnes in August. Steady growth in demand buoyed by the transportation and packaging industries primarily resulted in growing aluminium production on an annual basis. Escalation in aluminium consumption in the solar and...
South32 has reported increased production across its operations in the first quarter of the 2024–25 financial year (Q1 FY25), maintaining its production guidance for the period. South32 Limited is a mining and metals company headquartered in Perth, Western Australia and follows the Australian financial year, which starts on July 1, with the last day occurring the following year on June 30. In addition to these operational gains, the company successfully completed the sale of its Illawarra Metallurgical Coal business. The asset was sold to a joint venture between Golden Energy and Resources and M Resources for $US964 million (approximately A$1.4 billion), marking a significant milestone for the mining giant. This quarter’s performance highlights South32’s focus on operational efficiency...
Canadian enterprises can apply for a remission of the tariff on imported Electronic Vehicles (EVs), steel, and aluminium from China, the federal government announced on Friday. Canada will introduce tariff surcharges on aluminium and steel for Chinese enterprises on the finalised list of products effective October 22, 2024. In contrast, the tariff on EVs has been in effect since the beginning of the month. The tariffs were introduced after a month-long consultation process in accordance with Canadian law. Government officials have reiterated that remission will be considered only in cases where import from China is necessary and there is no alternative channel, demonstrating a commitment to fair trade practices. Any contractual obligation or particular exceptions will also be considered....
To promote green aluminium consumption and advance the sustainable, low-carbon development of the aluminium industry, the China Nonferrous Metals Industry Association and the China Nonferrous Metals Society issued the group standard T/CNIA 0245-2024, titled "Evaluation and Traceability Guide for Green and Low-Carbon Aluminum," on June 27, 2024. Following this, the Green Product Evaluation Centre of the China Nonferrous Metals Industry Association has enhanced the evaluation process, created a materials list, and finalised all preparations for assessing green, low-carbon aluminium. From October 8, 2024, aluminium industry production enterprises can submit green and low-carbon aluminium evaluation applications to the evaluation centre. Under the newly issues standard Ma Cunzhen, chairman of...
Alcoa Corporation is proud to announce Gaby Poirier's appointment as President of Alcoa Canada and Vice President (VP) of Global Transformation. In his new role, Mr Poirier will also continue as Regional Vice President of North America Operations and represent Alcoa on the Board of the Aluminium Association of Canada. As President of Alcoa Canada, he will serve as the company's primary liaison for government and institutional relations, overseeing the Deschambault, Bécancour, and Baie-Comeau smelters and the Canadian head office in Montreal. Gaby Poirier joined Alcoa on October 1, 2022, as Regional Vice President of North America Operations, overseeing the company's operations in Canada and the US. "I am honoured to lead Alcoa Canada and continue our commitment to operational excellence....
As the global economy rebounds from the COVID-19 recession, the demand for aluminium is set to surge, with the International Aluminium Institute projecting a 40 per cent rise by 2030, requiring an additional 33 million tonnes of annual production. Karl Ágúst Matthíasson, co-founder and CEO of Icelandic aluminium analysis firm DTE, has shared his outlook for the aluminium industry in the coming year. As an engineer and entrepreneur focused on revolutionising aluminium production, Karl anticipates increasing demand amid mounting energy and cost challenges. To meet these growing needs, he also foresees the integration of new technologies and increased usage of low-carbon aluminium products into the production process. European aluminium producers to scale back production As per his...
The China Nonferrous Metals Society recently held an evaluation meeting on scientific and technological advancements in Beijing, where experts unanimously recognised two breakthrough achievements by the Shenyang Aluminum and Magnesium Institute. These include the "Full Cycle Optimisation Technology for Aluminum Reduction Cell Design, Construction, and Operation Based on Model and Data Integration" and the "Development of Organic Flue Gas Treatment Technology and Equipment for Carbon Products in the Aluminum Industry." Both were deemed to have reached a world-leading level. Full cycle optimisation technology of aluminium reduction cell design-construction-operation based on model and data fusion To address the issues of isolated data storage and fragmented information exchange during the...
In September 2024, China's aluminium production increased by 1.45% compared to the previous year, aligning with the expected figures from the Shanghai Metal Market. The operation resumption in Sichuan and Guizhou after technical upgrades boosted the production on a year-on-year basis. However, on a month-on-month calculation, the output is likely to have decreased from 3.689 million tonnes to 3.574 million tonnes, possibly due to estimated slower production in Yunnan. Due to the traditional peak season during September and October, the production and demand for downstream alloy products increased, driving the proportion of liquid aluminium up by 0.7 percentage points M-o-M and 0.6 percentage points Y-o-Y to approximately 73.76 per cent. As a result, the casting ingot production decreased...
Hydro Energi AS has entered into a long-term power purchase agreement (PPA) with Skellefteå Kraft AB to supply 2 TWh of renewable energy to Hydro's Norwegian aluminium plants from 2025 to 2032. This agreement ensures Hydro will receive 2 TWh from Skellefteå Kraft's SE2 portfolio over the next eight years, supporting the company's aluminium smelters in Norway. Long-term PPAs are essential for Hydro to maintain its leadership in low-carbon aluminium production globally. Renewable energy is critical to producing aluminium in Norway, reducing the carbon footprint by approximately 75 per cent compared to the global average. It also plays a key role in advancing Hydro's technology roadmap toward achieving zero emissions by 2050. This power contract will be integrated into Hydro's Nordic power...
ALRO, a leading European integrated aluminium producer, is expanding its business in the North American market. The conglomerate has acquired a series of contracts scheduled to be delivered early next year. According to Florin Verboncu, General Director of Vimetco Trading, "The prospects for 2025 are optimistic. We already have contracts, especially for the North American area. The North American market has been a more difficult target in recent years for several reasons: the high cost of transportation, the competition from China and other very competitive areas." Chinese manufacturers dominated this market for years. However, being a well-known manufacturer on the continent, ALRO started to renew its acquaintance with its former clients. The disclosure came amidst Aluminium 2024, held...
The United States’ domestic primary aluminium production increased in July 2024 to rebound to the level of output achieved in May. Compared to the production volume in June at 55,000 tonnes, the United States output in July gained 2,000 tonnes M-o-M, according to the latest data from the US Geological Survey. Following the increase in July, the United States’ primary aluminium production volume amounted to 57,000 tonnes, which was, however, significantly down by 7,000 tonnes or 11 per cent year-on-year from 64,000 tonnes. In the first seven months of 2024, the United States’ primary aluminium output totalled 396,000 tonnes, registering an annual downfall of 10.41 per cent from 442,000 tonnes. The average daily production of primary aluminium in the United States during July 2024 was 1,830...
According to LME data released on October 10, 2024, the proportion of Russian-origin aluminium stock in London Metal Exchange (LME) approved warehouses saw a marginal decline in September, falling to 66 per cent from 67 per cent in August. However, the data indicated that aluminium of Indian origin experienced a slight uptick, rising to 32 per cent from 31 per cent. Total on-warrant aluminium stocks in LME-registered warehouses, regardless of origin, rose by 13 per cent in September—marking the first increase after three consecutive months of decline. This followed a significant jump in May after the LME decided to ban all Russian aluminium, copper, and nickel produced from April 13 onwards. The ban aimed to comply with sanctions imposed by the US and the UK in response to the...
In a major milestone for India's aluminium industry, Vedanta Aluminium has become the first smelter in the country to successfully implement the London Metal Exchange (LME) Passport program. This development positions Vedanta Aluminium, India's largest aluminium producer, as only the fifth primary aluminium producer globally to establish a direct digital connection for the submission of Certificates of Analysis (CoA) to the LME's Passport platform. The LME Passport, a digital solution for managing metal quality documentation, automates the submission of CoAs, ensuring streamlined operations, enhanced traceability, and full compliance for metal shipments. By integrating this platform, Vedanta Aluminium is set to improve accessibility and transparency throughout its supply chain while also...
A recent update informs that Japanese buyers are offered a revised aluminium shipment premium for the December quarter, slightly lower than the earlier quotation for the same period but higher than the previous quarter. The news came after four people directly involved in pricing talks reported. The latest negotiation has resulted in a 1.7 per cent decrease in aluminium shipment premium offered to Japan. Data reveals the premium is agreed at $175 per tonne, up by 1.7 per cent from $172 per tonne in Q3 2024. However, compared to the shipment premium offered in August for the December quarter, the new price is 5.4 per cent down from $185 per tonne. Supply chain constraint in Asia is still a major reason for the quarterly rise in Japan’s aluminium shipment premium. Aluminium ingot shipments...
According to Hong Leong Investment Bank (HLIB), Press Metal Aluminium Holdings Bhd, with a current smelting capacity of 1.08 million tonnes and an extrusion capacity of 240,000 tonnes per annum, is the largest integrated aluminium producer in Southeast Asia. It is set to achieve double-digit earnings growth in FY2025. This growth is driven by stable aluminium prices, easing global monetary policies, and China's economic recovery. The investment banker and research house anticipates steady aluminium prices and an expected decline in alumina prices to bolster the company's profit margins going into the next fiscal year. However, near-term challenges remain. Press Metal is expected to report weaker earnings for the third quarter of 2024, impacted by a 5.5 per cent drop in average aluminium...
According to Iranian Mines and Mining Industries Development & Renovation (IMIDRO), aluminium production in Iran through the first five months of Iranian calendar year (from March 20 to August 21) totalled 264,617 tonnes, compared to 267,983 tonnes during the corresponding period of the previous year. Until the fourth month, the output was 221,409 tonnes, meaning the production in the fifth month amounted to 43,208 tonnes. The year-to-date output of FY2025 has primarily been contributed by four major producers, namely South Aluminium Corporation (SALCO), Iranian Aluminium Company (IRALCO), Almahdi Aluminium Company, and Iran Aluminium Company. Among those producers, SALCO produced 111,521 tonnes of ingots in the first five months, followed by IRALCO churning out 73,182 tonnes. Almahdi...
In the first half of 2024, the United States aluminium crude metal and alloy imports recorded a year-on-year decline of 7.04 per cent. Although the import volume increased Q-o-Q in the June quarter, it was not enough to offset the total deterioration of H1. From 911,000 tonnes in Q1, the United States aluminium crude metal and alloy imports rose to 940,000 tonnes in Q2, marking a gain of 3.18 per cent. Year-on-year, the import volume in the second quarter edged a decline of 16.59 per cent from 1.127 million tonnes, which primarily resulted in a downward trajectory through H1 2024. The year-on-year growth in the United States Q1 imports of about 5.8 per cent (from 861,000 tonnes to 911,000 tonnes) was too little to mitigate the overall downturn. According to the US Geological Survey, the...
ICICI Securities recommends buying Vedanta's stock with a forecast of a stock price rise of 18 per cent. Driven by volume, value and cost reduction, the large-cap diversified metals company traded with a cut, even directing the ICICI securities, the domestic brokerage firm, to resume coverage on their stocks. The stock price for Vedanta has hit its 52-week high price at Rs 211.2 and Rs 523.6 per share, respectively, in recent days. Vedanta Resources' fiscal performance has exhibited significant improvement, driven by strategic diversification across various metals and successful cost optimisation initiatives in aluminium production. Consequently, the company has witnessed a substantial reduction in its deficit. Furthermore, anticipated debt deleveraging of INR 21,000 crore over the next...
