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Uzbekistan's first aluminium can factory gets IFC support, promising 200+ jobs and import independence
03 FEB 20263MINS

Uzbekistan's first aluminium can factory gets IFC support, promising 200+ jobs and import independence

In a major move to strengthen its industrial base and cut reliance on imports, Uzbekistan has secured support from the International Finance Corporation (IFC) for its first greenfield aluminium can production facility, a strategic investment that could reshape the nation’s packaging landscape and...

Europe’s aluminium foil market decoded: Production and consumption drift apart, altering export–import balances
03 FEB 20266MINS

Europe’s aluminium foil market decoded: Production and consumption drift apart, altering export–import balances

The numbers tell a quiet but compelling story. Year after year, global aluminium foil consumption has moved steadily upward - not in bursts, but in a measured climb that signals durable, long-term demand that helps in aluminium market forecast. Back in 2018, worldwide aluminium foil usage was about...

AL Circle x Dr Per Larsen: “Over 30 foundries globally already cast aluminium with DISA green sand”
03 FEB 20268MINS

AL Circle x Dr Per Larsen: “Over 30 foundries globally already cast aluminium with DISA green sand”

Dr Per Larsen is Innovation Manager at DISA Industries A/S, part of Norican, since 2006. With nearly 30 years of experience at the heart of the foundry business, his expertise runs from tackling casting quality problems to identifying new opportunities for clients and turning them into profit. He’s...

LME cash offer price slips further down to $3,042/t while opening stocks record a modest increase of 0.29%
03 FEB 20262MINS

LME cash offer price slips further down to $3,042/t while opening stocks record a modest increase of 0.29%

London Metal Exchange aluminium prices weakened across most contracts on February 2, a trend following the previous session. Meanwhile, exchange inventories made a soft recovery. The LME aluminium cash bid price continued to slip, reaching USD 3,041 per tonne on February 2 from USD 3,109 per tonne...

MPE backs CBAM extension from 2028 into downstream aluminium, steel & iron products
03 FEB 20263MINS

MPE backs CBAM extension from 2028 into downstream aluminium, steel & iron products

The European Commission’s proposed extension of the Carbon Border Adjustment Mechanism (CBAM) has gained the support of Metal Packaging Europe (MPE), advocating fairer carbon pricing in line with broader climate objectives and decisive action to address emissions across supply chains. To know more...

Stonepeak in talks for AM Green stake as USD 20bn green deal takes shape in India
03 FEB 20262MINS

Stonepeak in talks for AM Green stake as USD 20bn green deal takes shape in India

The US-based alternative investment firm, Stonepeak, is looking to undertake a 15 per cent stake in AM Green, the holding company of green energy, which is in advanced discussion now. With this, India is on the route to becoming one of the largest energy deals. The base of the deal It can be...

Under the backdrop of declining aluminium prices, purchasing sentiment remains at a relatively low level
03 FEB 20262MINS

Under the backdrop of declining aluminium prices, purchasing sentiment remains at a relatively low level

SHFE aluminium 2602 fluctuated downward in the morning session, with the price centre lower than the previous trading day. The decline in aluminium prices led to a slight increase in purchasing sentiment. However, constrained by the approaching Chinese New Year break, overall downstream procurement...

New Digital infrastructure campus to be built at Hawesville
03 FEB 20262MINS

New Digital infrastructure campus to be built at Hawesville

Century Aluminum Company (NASDAQ: CENX) today announced the sale of the Hawesville, Kentucky site, which will be redeveloped by TeraWulf Inc. (NASDAQ:WULF) into a digital infrastructure campus supporting high-performance computing and artificial intelligence workloads. Century will retain a...

Aluminium price forecast: $3,000 ascent in January demands a global price recalculation
03 FEB 20267MINS

Aluminium price forecast: $3,000 ascent in January demands a global price recalculation

The London Metal Exchange (LME) aluminium contract entered 2026 with a bang of a hike, as in early January, the three-month contract crossed USD 3,000 per tonne for the first time since 2022, trading at USD 3,015.50 before extending gains later in the month. The move was not the product of...

US aluminium midwest premium in Jan’26 exceeds the $2k mark, hitting an all-time high
03 FEB 20264MINS

US aluminium midwest premium in Jan’26 exceeds the $2k mark, hitting an all-time high

Ever since the US President Donald Trump’s tariff imposition, the market witnessed its regional aluminium premium rise, exceeding USD 1 per pound. Consequently, for the first time, the US Midwest Premium for aluminium has surged to an all-time high at USD 2,182 per tonne. According to the...

ASI certifies Shandong Innovation Metal Technology Co., Ltd. against Performance Standard V3.1
03 FEB 20262MINS

ASI certifies Shandong Innovation Metal Technology Co., Ltd. against Performance Standard V3.1

Shandong Innovation Group Co., Ltd. has achieved ASI Performance Standard V3.1 (2023) for the manufacturing of un-forged aluminium alloy ingots and aluminium alloy profiles at Shandong Innovation Metal Technology Co., Ltd., located in Shandong Province, China. To know more about the global primary...

1,447 acres secured: Vedanta Aluminium advances 3 MTPA smelter plans in Odisha
03 FEB 20263MINS

1,447 acres secured: Vedanta Aluminium advances 3 MTPA smelter plans in Odisha

The government of Odisha, in the presence of Chief Minister Mohan Charan Majhi, allotted Vedanta Aluminium, India’s largest producer of aluminium products , with land for over 1,447 acres, as a significant industrial push. This land has been provided to the firm for developing a 3 MTPA smelter...

Summit Global trims stake in Kaiser Aluminum while many other institutions rebalancing their positions
03 FEB 20264MINS

Summit Global trims stake in Kaiser Aluminum while many other institutions rebalancing their positions

According to the latest regulatory filing, Summit Global Investments has significantly reduced its exposure to Kaiser Aluminum Corporation during the third quarter. The investment firm trimmed its holding in the industrial products manufacturer by more than half, selling 5,683 shares over the...

Critical minerals to take centre stage in G7 talks
03 FEB 20262MINS

Critical minerals to take centre stage in G7 talks

Senior officials from the G7 and allied economies are set to convene in Washington next week, placing critical minerals firmly at the centre of discussions as concerns grow over China’s dominance in global supply chains. Representatives from the United States, the United Kingdom, the European...

LSKB aluminium foils and JUPALCO host Global Aluminium Foil Industry Leaders at Sonipat facility during GLAFCO 2026
02 FEB 20263MINS

LSKB aluminium foils and JUPALCO host Global Aluminium Foil Industry Leaders at Sonipat facility during GLAFCO 2026

LSKB Aluminium Foils, along with its backward integration partner Jupiter Aluminium Industries Pvt. Ltd. (JUPALCO) —both part of the Jupiter Group —hosted senior global leaders from the Global Aluminium Foil Roller Initiative (GLAFRI) at their Sonipat manufacturing facility, alongside an exclusive...

Union Budget FY2026–27 puts nuclear energy, carbon storage and critical minerals at the centre of India’s decarbonisation strategy
02 FEB 20267MINS

Union Budget FY2026–27 puts nuclear energy, carbon storage and critical minerals at the centre of India’s decarbonisation strategy

The much-awaited Union Budget FY2026-27, presented by the Finance Minister Nirmala Sitharaman on Sunday, February 1, signals a decisive shift towards aligning India’s economic growth with its decarbonisation ambitions and the long-term vision of Viksit Bharat 2047 . This Budget comes at a juncture...

Alcoa 2025 performance: Revenue jumped 15% in Q4, supported by record output at five aluminium smelters
02 FEB 20268MINS

Alcoa 2025 performance: Revenue jumped 15% in Q4, supported by record output at five aluminium smelters

Failing initially doesn’t mean failing overall - it just means something needs to be fixed, and that’s what summarises the whole of Alcoa’s financial report card. Alcoa started the year well, but after that it mostly went quiet. The business didn’t really improve again until the last quarter, which...

NALCO posts historic Q3 FY26 profit as nine-month performance sets new benchmarks
02 FEB 20264MINS

NALCO posts historic Q3 FY26 profit as nine-month performance sets new benchmarks

Under the Ministry of Mines and one of India’s leading alumina and aluminium producers and exporters, National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise, reported the quarterly net profit, which is deemed to be the highest in its history. Q3 FY26, ending with...