South Korea’s Russian aluminium imports reached a record high in 2025, making Russia the country’s largest aluminium supplier for the first time. The sharp increase has strengthened Korea’s dependence on Russian metal even as the US and Europe tighten sanctions against Moscow. The exposure is...
Asia’s alumina exports entered 2026 on a strong footing, with shipments to global markets reaching 7.05 million tonnes worth USD 2.76 billion in H1 2026 , up 27.36 per cent year-on-year . The sharp rise in H1 was driven by a quarter-on-quarter surge by a considerable margin. This indicates an...
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Indonesia unveiled Southeast Asia's first electric vehicle battery manufacturing facility on July 3, 2024, as a landmark for the region's automotive industry. The facility boasts the world's largest nickel reserves and the sixth-largest producer of bauxite. Situated in Karawang, West Java Province,...
The Coca-Cola system in Thailand, which includes ThaiNamthip Corporation Limited, HaadThip plc, and Coca-Cola (Thailand) Ltd., has expanded its 'Coke Recycle Me with Trash Lucky' campaign for the fourth consecutive year. The campaign highlights the importance of recycling aluminium cans and plastic...
Indonesia, with its rich deposits of critical minerals, stands poised at the forefront of the global supply chain, particularly in the burgeoning electric vehicle (EV) market. The 2024 US Geological Survey report underscores Indonesia's dominance, placing it first worldwide in nickel reserves,...
The Material Recycling Association of India (MRAI), the leading national recycling association representing the interest of the recycling industry, is committed to achieving circularity in recycling to foster sustainability and a green economy. This year, MRAI is hosting its 2nd edition...
Therish Rodrigo, CEO of VZO Group, was honoured as the Best Chief Executive Officer (CEO) of the Year at the Asia Miracle Awards 2024. VZO Group Pvt. Ltd., a subsidiary of Hollyca System, an esteemed aluminium engineering company founded in 1993 by Lester Rodrigo, has built a solid reputation for...
LB Aluminium Bhd reported a significant increase in its net profit for the fourth quarter ended April 30, 2024 (4QFY2024). The company's net profit rose by 62.67 per cent, reaching RM9.43 million, compared to RM5.8 million in the same period last year. Higher contributions from both the aluminium...
Established in 2011, Zhengzhou Silverstone has earned the title of reputable trading company specializing in semi-finished aluminium products. With years of experience, they have developed significant expertise in sourcing from leading rolling mills in China and partnering with local metal centres....
Two prominent figures in the aluminium industry, Malaysian business magnate Koon Poh Keong and Chinese billionaire Song Zuowen, are deepening their collaboration, as reported by Forbes. This multi-million-dollar agreement involves an exchange of ownership stakes in their respective aluminium firms,...
The upstream aluminium sector, encompassing bauxite, alumina, and primary aluminium) recorded some significant milestones this week in terms of production, trading, inventories, and market developments. Some of the key highlights of the week are: China’s 2-year high production, world’s primary...
The Deputy Premier of the Malaysian state of Sarawak, Datuk Amar Awang Tengah Ali Hasan, recently revealed that Sarawak has various valuable minerals estimated to be worth RM1.25 trillion. This discovery highlighted the state's potential to invest substantially in the mining industry and generate...
The Malaysian financial services firm Kenanga Investment Bank Berhad Research has upgraded the building materials sector to an 'Overweight' rating, primarily influenced by its recent reassessment of sector heavyweight Press Metal Aluminium Holdings Bhd. Press Metal Berhad is a Malaysian-based...
The US aluminum scrap market has kicked off 2024 with a significant momentum of 2.06 per cent rise in exports and 6.04 per cent rise in imports during the first quarter of 2024, reflecting a broader economic trend and strategic shifts in trade policies. The first quarter of the year has seen a...
According to the International Aluminium Institute survey, Africa & Asia (ex-China), the world’s third-largest alumina-producing spot after China and Oceania, witnessed a sharp month-on-month fall of 19.25 per cent, standing below 1 million tonnes for the first time in the past three years. The...
Research carried out by AZ Global shows that aluminium consumption grew strongly in the first four months of this year. Our research indicates a growth rate of 6 per cent globally. In terms of major regions, Asia has the highest consumption growth rate. From January to April 2024, Asia's primary...
The London Metal Exchange (LME) has experienced a dramatic surge in the wait time for aluminium deliveries, which has surged from zero to over five months following a significant influx of metal from Trafigura Group in May. Recent exchange data reveals that as of the end of May, the waiting period...
China's prebaked anode exports in April 2024 amounted to 166,800 tonnes, indicating a month-on-month downfall of 13.45 per cent and a year-on-year dip of 1.07 per cent, showed China customs data. The estimated export unit price of the material was approximately $673.5 per tonne, which was up by...
RHB Retail Research has indicated that LB Aluminium Bhd, headquartered in Malaysia, has grown to be one of Asia's largest aluminium extrusion manufacturers and is on track for an upward trajectory after rebounding from its support level. The stock is on track for an upward trajectory after...
The Malaysian aluminium giant, Press Metal Aluminium Bhd, has demonstrated a remarkable financial performance in the first quarter of 2024, propelled by increased sales volumes and a favourable exchange rate. This impressive growth is propelled by a significant rise in both net profit and revenue,...
