Sanket Deora takes over as Chief Financial Officer following the resignation of Shashank Shekhar Chaturvedi, effective September 3, 2026. Sampat Aluminium has appointed Sanket Sanjay Deora as its new Chief Financial Officer and Key Managerial Personnel, marking a change in the aluminium...
Indian electronics manufacturers are increasingly substituting aluminium for copper in key components as surging metal costs put pressure on margins. Indian electronics manufacturers are turning to aluminium and steel as alternatives to copper as a sharp rise in copper prices pushes up production...
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Porsche's 911 GT3 Bergsport swaps its lightest magnesium wheels for forged aluminium, proving that a few extra kilos can make sense when the road gets serious. There are few places where saving weight matters more than inside a Porsche 911 GT3. Yet for its new 911 GT3 Bergsport, Porsche has done...
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...
The US aluminium industry’s dependence on Canada extends far beyond primary aluminium imports. While Canada supplies around 75 per cent of US imported primary aluminium, covering roughly 60 per cent of the country’s annual aluminium usage, it is also a major supplier of crude oil, natural gas and...
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...
Construction of the first US aluminium smelter since 1980 at the Tulsa Port of Inola is faced with another test. Four nearby residents have filed a lawsuit, claiming that the US Department of Energy (DOE) was funding the project without undertaking the site-specific environmental review. This adds...
Futures: The daytime session closed at RMB 24,075 per tonne yesterday, edging up 0.02 per cent, with intraday fluctuations between 23,980 and 24,110. Prices remained above all key moving averages (MA5=24,000, MA10=23,558.5, MA30=23,789.83, MA60=23,569.67), with the moving average system maintaining...
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...
According to SMM statistics, China's primary aluminium production in August 2026 (31 days) rose 2.2 per cent Y-o-Y and was flat month-on-month. Domestic downstream demand recovered month-on-month in August, with consumption of some fabricated products holding up reasonably well. In addition, some...
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,...
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...
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...
Macro perspective The US-Iran situation saw a temporary easing, with market expectations for restored strait navigation rising. International oil prices pulled back for three consecutive days, and the geopolitical risk premium continued to fade. However, the outlook for US-Iran negotiations remains...
The US Department of War has committed another USD 100 million to Atlantic Alumina Company (Atalco), taking total government investment to USD 400 million as Washington moves to protect the country's last remaining domestic alumina refinery and strengthen a critical defence supply chain. The United...
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...
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...
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...
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...
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,960 per tonne, up RMB 125 from yesterday’s settlement price, a gain of 0.52 per cent. It opened at RMB 23,850 per tonne and fluctuated within the range of RMB 23,840–23,965 per tonne. Prices traded above the MA5 (23,812.00),...
