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RITES shares rise 6.7% on revised NALCO-linked project, contract value nears INR 1.19B
09 APR 20262MINS

RITES shares rise 6.7% on revised NALCO-linked project, contract value nears INR 1.19B

Shares of RITES Limited moved higher after the company received a revised contract from National Aluminium Company Limited, linked to coal mine infrastructure in Odisha. The stock rose 6.7 per cent to INR 213.90 (USD 2.31), up from the previous close of INR 200.41 (USD 2.17). Despite the jump, the...

Korea plans rooftop solar mandate for factories, aluminium demand seen rising with expansion push
09 APR 20263MINS

Korea plans rooftop solar mandate for factories, aluminium demand seen rising with expansion push

The South Korean government is planning to make solar panels mandatory on the rooftops of new factories, part of a wider push to speed up its renewable energy transition and reduce reliance on external fuel sources. The proposal, presented by the Ministry of Climate, Energy and Environment, comes...

CMI says high aluminium tariffs raise costs for US can makers, 94% fruit imports show trade imbalance
09 APR 20262MINS

CMI says high aluminium tariffs raise costs for US can makers, 94% fruit imports show trade imbalance

The Can Manufacturers Institute (CMI) and other industry groups have criticised recent tariff decisions by Donald Trump, saying they give an advantage to imported canned goods over products made in the United States. CMI President Scott Breen said tariffs on aluminium and steel used by US...

Aluminium beverage can sector to receive a boost with AMP’s Bonn laboratory
09 APR 20262MINS

Aluminium beverage can sector to receive a boost with AMP’s Bonn laboratory

Ardagh Metal Packaging-Europe (AMP-Europe) has opened a new high-functioning laboratory in Bonn, Germany. This development sets a cornerstone to solidify the customer segment, market support and also the future of the aluminium beverage can industry with potential investments. The plant is designed...

Breakthrough in raw material extraction from incinerator bottom ash
09 APR 20267MINS

Breakthrough in raw material extraction from incinerator bottom ash

proCLIR GmbH has achieved a breakthrough in the processing of incinerator bottom ash (IBM, bottom ash, slag) with the new IRRT process: Up to 80 per cent of the dry mass can now be processed into certified raw materials. Eggersmann Anlagenbau GmbH will be the exclusive plant manufacturer of the...

Carbon emissions from Australian aluminium industry represent 7% of national emissions
09 APR 20269MINS

Carbon emissions from Australian aluminium industry represent 7% of national emissions

Welcome to Part 2 of the interview with Rachel Howard from Mission Possible Partnership. In this edition, we delve into the decarbonisation journey of the Australian aluminium industry. Ms Howard offers insights into the energy transition strategies of major players like Alcoa, Rio Tinto, and...

Rio Tinto, Century Aluminium lift US billet premiums by 12% amid supply crunch
09 APR 20261MINS

Rio Tinto, Century Aluminium lift US billet premiums by 12% amid supply crunch

中文翻译附于新闻末尾,敬请继续阅读。 Rio Tinto and Century Aluminium have raised aluminium billet premiums in the United States by around 12 per cent amid supply disruptions linked to the Iran war, news sources reported on April 8, 2026. The two producers increased premiums by about 3 cents per pound, bout USD 110...

RUSAL to divert aluminium from China to Japan as premiums surge amid Gulf supply crunch
09 APR 20264MINS

RUSAL to divert aluminium from China to Japan as premiums surge amid Gulf supply crunch

Russia-based RUSAL, a leading global aluminium producer, is planning to divert a part of its aluminium shipments originally intended for China to Japan and other Asian customer bases, as reported by Reuters. The update is revealed by the sources amid the ongoing geopolitical tensions that are...

Middle East aluminium attacks have a limited impact on China's prebaked anode exports
09 APR 20263MINS

Middle East aluminium attacks have a limited impact on China's prebaked anode exports

On March 28, Emirates Global Aluminium's (EGA) Al Taweelah plant in Abu Dhabi and Alba's production facilities in Bahrain were hit by precision drone strikes, damaging some equipment. EGA and Alba have annual capacities of 1.6 million tonnes and 1.623 million tonnes, respectively. The Middle East...

RITES secures INR 1.19 billion from NALCO railway siding project boost
09 APR 20263MINS

RITES secures INR 1.19 billion from NALCO railway siding project boost

Rail India Technical and Economic Service (RITES) Limited, under the Ministry of Railways of India, has received a remarkable increase in contract value for its ongoing railway siding consultancy project in collaboration with National Aluminium Company Limited (NALCO), solidifying its standing in...

Oil price rebounds after a drop below $100 as Iran accuses US of breaching ceasefire deal
09 APR 20265MINS

Oil price rebounds after a drop below $100 as Iran accuses US of breaching ceasefire deal

Global oil prices have fallen sharply and stock markets jumped after the US and Iran agreed to a conditional two-week ceasefire deal that includes the reopening of the Strait of Hormuz. The announcement triggered an immediate sell-off in oil markets, with prices slipping below USD 100 per barrel as...

Ceasefire unlikely to resolve supply shortcomings, aluminium prices remain supported at high levels
09 APR 20268MINS

Ceasefire unlikely to resolve supply shortcomings, aluminium prices remain supported at high levels

Futures: SHFE aluminium closed at RMB 24,545 per tonne last night, down 0.43 per cent. The price was slightly below MA5 (24,643) but near MA10 (24,433.5), MA30 (24,505.67), and MA60 (24,344.17), under short-term pressure but still supported by medium-term moving averages. The MACD indicator DIF...

Ceasefire eases LME aluminium trend from prices to inventories
09 APR 20263MINS

Ceasefire eases LME aluminium trend from prices to inventories

After the soaring records on April 7 , the London Metal Exchange (LME) aluminium prices cooled at the close of the April 8 session, as a reaction to the mutually agreed two-week ceasefire announced by the US President Donald Trump on April 8. With the limited trade flow allowed at the tentative...

Aluminum Association CEO: Gulf disruptions lift aluminium prices; industry adapts
09 APR 20264MINS

Aluminum Association CEO: Gulf disruptions lift aluminium prices; industry adapts

Charles Johnson, President and CEO of the Aluminum Association, addressed the ripple effect of the Middle East conflict on the aluminium industry. According to him, global aluminium markets are under the pressure of “elevated” prices as geopolitical tensions in the Gulf region disrupt supply...

Group Nirmal plans ₹ 1.5B aluminium expansion in Khordha faclity, Odisha
08 APR 20262MINS

Group Nirmal plans ₹ 1.5B aluminium expansion in Khordha faclity, Odisha

Group Nirmal, a manufacturer of aluminium wire products and steel is moving ahead with a INR 1.5 billion expansion at its Khordha facility in Odisha, focusing on scaling aluminium production capacity. The development comes as Odisha Chief Minister Mohan Charan Majhi virtually performed the...

Chinalco invests over $145M to boost stake in Chalco
08 APR 20262MINS

Chinalco invests over $145M to boost stake in Chalco

Aluminum Corporation of China Limited (Chalco) finalised a share purchase plan led by its controlling shareholder, Aluminum Corporation of China, along with parties acting in concert, with a total investment of about RMB 1.015 billion (USD 145 million). Chalco announced the plan in April 2025 to...

US rejects tariff relief for Ford Motor amid aluminium supply disruptions
08 APR 20262MINS

US rejects tariff relief for Ford Motor amid aluminium supply disruptions

The US government has rejected requests from Ford Motor Company and other automakers seeking relief from aluminium import tariffs, despite ongoing supply disruptions. According to the report, Ford last week petitioned the administration for temporary duty relief until Novelis’ aluminium rolling...

Bang & Olufsen unveils aluminium-focused Beolab 90 Monarch and Zenith editions
08 APR 20262MINS

Bang & Olufsen unveils aluminium-focused Beolab 90 Monarch and Zenith editions

Bang & Olufsen has unveiled the final two models in its five-part Atelier series to mark its 100-year anniversary, introducing the Monarch and Zenith editions of the Beolab 90 at a price of USD 450,000 per pair. It is priced similarly to expensive property purchases in locations like Australia and...