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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SakunC Innovation Co, expertise in building boats and vehicles with lightweight aluminium, will reportedly deliver the first batch of 208 units of electric minibuses to local customers in the first quarter of 2020. Marketed by the SakunC brand, the vehicle is priced at 2.3 million a unit, said...
Sarawak’s decision to impose a 1 per cent sales tax on exported aluminium products from January 1 may end up hurting the earnings of Press Metal Aluminium Holdings Bhd in the future, estimates AmInvestment Bank, according to a report. Based on the estimates, the new tax is likely to cost Press...
According to a Reuter’s report, Indonesia’s alumina producer PT Well Harvest Winning (WHW) exported 823,997 tonnes of smelter grade alumina in the first three quarters of 2019. This was communicated by company spokesman Suhandi Basri on Monday, November 4, 2019. China Hongqiao Group Ltd owns 56%...
Sarawak, a Malaysian state on Borneo, will reportedly levy a 1 per cent sales tax on its exported aluminium products from January 1, 2020. The news came after Sarawak’s Chief Minister Abang Johari Openg said this today while tabling the 2020 state budget. He also said that this new tax would bring...
According to a Reuters report, Malaysia will issue bauxite mining licenses to companies in December or January, which will allow the miners to resume activities after the ban in early 2016 over unregulated mining and water contamination. The news came after Xavier Jayakumar, Malaysia’s water, land...
National Environment Agency (NEA), together with drinks manufacturer Fraser and Neave (F&N), reportedly launched reverse vending machines at Our Tampines Hub in Singapore on Thursday, October 31, as part of 'The Recycle N Save' initiative. The machines will accept empty drink cans and plastic...
TES, the global electronic waste recycler, will reportedly open a new facility for recycling lithium-ion batteries in Singapore, said Senior Minister of State for Trade and Industry Koh Poh Koon on Wednesday, October 30. "This is an exciting development as the use of batteries for grid-related...
Press Metal Aluminium Holdings Berhad (PMAH) announced that its wholly-owned subsidiary PMB (Klang) Sdn Bhd entered into an agreement with Everlast Aluminium, a wholly-owned subsidiary of PMB Technology Berhad, for the proposed acquisition of the entire equity interest in PMB Central, PMB Northern...
According to the global export-import data, the export of aluminium bar rods and profiles by Malaysia is expected to grow this year by 58 per cent to stand at 84,069 tonnes. In 2018 as well, the export volume had grown by about 44 per cent to come in at 53,253 tonnes. Only in 2017, the volume was...
Reuter reports that CME Group’s physical delivery of aluminium has gained momentum since September after expansion into Europe and Asia. It was driven by growing liquidity in Asian market “We are starting to see actually more and more materials coming into our warehouses,” Young-Jin Chang, CME’s...
According to a recent report, Black & Veatch-led project management consortium (PMC) has been appointed by PT Borneo Alumina Indonesia to manage the development of an alumina refinery in West Kalimantan. The facility, according to Black & Veatch, will feature a 1 Mt/year smelter-grade alumina...
According to a recent report, the Ministry of Industry and Trade (MoIT) has decided to officially impose the highest rate of anti-dumping duties on aluminium products from 16 Chinese producers. While six Chinese exporters will face the duty of 35.58 per cent, eight between 18.16 per cent and 35.39...
Taiwan’s exports of aluminium semi-finished products to the US came in at 36,000 tonnes in the first half of 2019, a jump of 166.67% from 13,500 tonnes in the first half of 2018, according to the latest Mineral Industry Survey report from US Geological Survey. {newsStudioGallery} But exports of...
Malaysia’s total imports of aluminium including scrap from the US stood at 21,600 tonnes in June 2019, 43.05% higher than the corresponding period last year. Imports were 15,100 tonnes in June 2018. On a month-on-month comparison, imports increased by 5.37% from 20,500 tonnes, according to the...
With the enforcement of the standard operating procedure (SOP) for bauxite mining and export in Pahang, interested parties can now apply for mining licence, Water, Land and Natural Resources Minister Dr Xavier Jayakumar said. The miners need to adhere to the SOP in order to get the approval from...
The Malaysian government has finalized the standard operating procedure (SOP) for bauxite mining and export activities in Pahang with immediate effect. Water, Land and Natural Resources Minister Dr A. Xavier Jayakumar said the SOP was finalized after discussions with various stakeholders including...
Altech Chemicals Limited has provided an update on the current status of construction activities at the Company’s high purity alumina (HPA) plant site in Johor, Malaysia. A press release from the company said that the construction of the maintenance workshop building is done with the installation...
Press Metal Aluminium Holdings Bhd, the leading aluminium producer in South East Asia, has reported a drop of 36 per cent in net profit in the second quarter of the year ended on June 30. The profit came in at RM102.89 million, compared to RM160.6 million in the same period last year. With this,...
