PT Alamtri Resources Indonesia Tbk (ADRO), the Jakarta-listed natural resources company, is entering a new stage of growth as its aluminium smelting investments begin to take shape alongside stronger margins from its metallurgical coal business. The outlook has strengthened Sucor Sekuritas' view of...
Fenesta has commissioned a new aluminium extrusion plant in Kota, Rajasthan, expanding its presence in the aluminium value chain and creating a new business vertical serving external customers. The Gurugram-based windows and doors business of DCMShriram Ltd said the facility will initially support...
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The Mozambican government said negotiations are under way regarding the future of the Mozal aluminium smelter, the country's largest industrial operation. The facility has been under care and maintenance since March after operations were halted over concerns about rising electricity costs....
China's primary aluminium output rose by 1.7 per cent on year to 3.89 million tonnes in May, according to the latest data released on June 16 by the country's National Bureau of Statistics (NBS). May's output marked a 0.5 per cent uptick from the previous month, Mysteel Global's calculation based...
LME aluminium prices moved lower on June 16 compared with June 15, with both cash and three-month contracts recording declines. Meanwhile, exchange inventories continued to shrink, reflecting ongoing withdrawals from LME warehouses. The LME cash bid price fell to USD 3,358.50 per tonne on June 16...
Chang Aluminum is set for a change in ownership after its controlling shareholder, Qilu Caijin Investment Group, agreed to sell a 22.38 per cent stake in the company to Shandong Jixin Industrial Development. The proposed transaction values the shares at RMB 5.79 (USD 0.86) each, putting the total...
Constellium SE and Alcoa Corporation are benefiting from a stronger aluminium market, with demand from electric vehicles, aerospace, packaging and transportation continuing to support the sector. The growing use of recycled aluminium and the recovery in global air travel have also improved...
China National Machinery Industry Corporation (SINOMACH) has increased its presence in the African aluminium industry by signing an Engineering, Procurement and Construction (EPC) contract for USD 245 million for Phase II of the Huatong Electrolytic Aluminium Production Line project in Angola. The...
Slovakia is in the final stages of preparations to restart aluminium production at the Žiar nad Hronom smelter, with an official announcement expected in the coming weeks, Prime Minister Robert Fico has said. In a video message shared on social media, Fico said work related to the revival of the...
Norsk Hydro has been hit by a second aluminium supply crisis leading to yet another force majeure in just three months after its Qatar joint venture, Qatalum, unexpectedly terminated a long-standing marketing agreement with the Norwegian producer, raising fresh concerns over the company's ability...
As prevailing geopolitical volatility has led the European Union (EU) to impose trade sanctions on Russia-bound exports, alumina shipment concerns have taken centre stage. EU-member nation Estonia has renewed its call for a complete ban on alumina exports to Russia, citing concerns that the...
China CAMC Engineering has secured a major expansion project contract in the aluminium industry of Angola. The project, valued at RMB 1.72 billion (USD 253.39 million), takes the company a step towards solidifying its position across the nation’s industrial development landscape. The company...
Battery maker CATL expects energy storage systems to account for 50 per cent of its total sales by 2030, up from about 25 per cent currently, according to Kevin Tang, the company's Director for Energy Storage Systems in Europe. Tang said the growth reflects rising demand for battery storage as...
India's aluminium producers are building smelters, expanding refineries, opening mines and writing investment cheques worth more than INR 640 billion. Yet despite all that activity, the industry faces a rather uncomfortable question: what happens when demand grows faster than capacity can be built?...
Oklahoma Governor Kevin Stitt has expressed his support for the proposed aluminium production facility in Inola amidst increasing local opposition and state officials. Stitt, in a video posted on social media, said the project is important for U.S. manufacturing and aluminium production, linking it...
Europe exports roughly 1 million tonnes of aluminium scrap every year, enough material to potentially reduce the region's primary aluminium imports by nearly 24 per cent if retained and recycled domestically. Yet despite recycled aluminium production already catching up with primary output, the...
Andhra Pradesh Minister for Education, IT and Electronics, Nara Lokesh, met senior officials of RUSAL on the sidelines of the St. Petersburg International Economic Forum (SPIEF) 2026. The main objective was to discuss RUSAL’s potential investment in Andhra Pradesh and opportunities to expand...
The European Commission has proposed a new law to increase the use of European-made aluminium, steel and clean-tech products in projects receiving public funding. Known as the Industrial Accelerator Act (IAA), the proposal covers sectors including aluminium, steel, cement, batteries, solar power...
High energy prices continue to pressure the European aluminium industry, with market participants warning that costs could rise further if disruption risks around the Strait of Hormuz persist. Europe’s summer energy restocking season could add further strain to supplies and increase the risk of...
The proposed aluminium smelter in Inola, Oklahoma, has moved to the centre of the state’s gubernatorial race after Oklahoma Attorney General and governor candidate Gentner Drummond filed a lawsuit seeking to stop the project. Drummond said his concerns relate to the facility’s potential impact on...
