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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Rio Tinto’s New Zealand aluminium operations delivered a robust financial performance in 2025, with parent company Pacific Aluminium (New Zealand) reporting a net profit of USD 176 million, supported by higher aluminium sales revenue and increased production at the Tiwai Point smelter. For the year...
Odisha is advancing with the mining auction process for eleven mineral blocks across essential mining districts, reopening discussions around some of the state’s most coveted resource projects. Among the assets on offer is the Karlapat bauxite block in Kalahandi district, a deposit that has long...
According to SMM statistics, China's aluminium production in May 2026 (31 days) was up 2.1 per cent YoY and up 3.8 per cent M-o-M. Although the pace of China's end-use demand recovery remained slow, the widening aluminium supply gap outside China significantly boosted domestic aluminium semis...
For more than a century, aluminium producers have lived by a simple rule of securing the cheapest electricity possible, and everything else becomes manageable. The logic was straightforward. Aluminium smelting is one of the most electricity-intensive industrial processes on earth. Every tonne of...
Rio Tinto has successfully started commissioning its USD 1.5 billion AP60 smelter expansion at Complexe Arvida in Quebec, marking a major milestone for the deployment of its state-of-the-art, low-carbon aluminium smelting technology. The start-up, which began in March, is expected to be completed...
Press Metal Aluminium Holdings posted a record net profit of MYR 624.5 million for the first quarter ended March 31, 2026 (Q1 FY2026), up 35.2 per cent from MYR 461.77 million a year earlier, extending its streak to a third consecutive quarter of record earnings. The aluminium smelter said stronger...
Odisha Chief Minister Mohan Charan Majhi on Wednesday held discussions with Anil Agarwal regarding the progress of Vedanta Group’s proposed projects in the state, which together involve investments of more than INR 100,000 million (USD 10,400 million). The meeting reviewed several key projects...
Vietnam is set to begin operations at its first aluminium electrolysis plant during the second quarter of 2026, according to project officials in Lam Dong province. The project, developed by Tran Hong Quan Metallurgical Co., is located at the Nhan Co Industrial Park and is expected to initially...
MMP Industries Limited has reported a strong performance for the fourth quarter of FY26, recording growth in revenue, operating profit and net earnings on both a quarterly and yearly basis. The company, which manufactures aluminium powder, aluminium pastes and atomised powders for industries...
Press Metal Aluminium Holdings is expected to enter a stronger earnings phase as higher aluminium prices and easing raw material costs support profit growth in the coming quarters, according to RHB Research. RHB maintained its “Buy” recommendation on Press Metal with an unchanged target price of...
As the Middle East conflict continues with full force, the Strait of Hormuz remains blocked, and 9 per cent of aluminium production and supply from the Gulf Cooperation Council (GCC) hangs by the thread of uncertainty. Compounded by the damages caused by the geopolitical unrest, GCC completes...
Novelis reported lower earnings for the fourth quarter and full fiscal year 2026 after production disruptions caused by two fires at its Oswego, New York facility significantly affected shipments and profitability. The company posted a net loss attributable to shareholders of USD 84 million in the...
On an on-month basis, last month's output increased by 0.5 per cent from March, Mysteel Global calculated based on the NBS data. Daily production averaged 129,000 tonnes in April, representing a 3.1 per cent increase from the same month last year and a 3.8 per cent rise from March, according to...
Tsingshan Group has reportedly asked several nickel pig iron (NPI) producers operating at Indonesia’s Weda Bay industrial park to curb production in June as the company prioritises electricity supply for aluminium operations. According to sources familiar with the matter, the request was made last...
