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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In order to boost revenue by the end of 2018, SGB MY Sdn Bhd, a unit of Germany-based SGB SMIT Group is planning to venture into manufacturing aluminium oval transformers in Malaysia. Managing director of the company Franz Hierz said the company expected the aluminium transformer to grow popular in...
Thanks to the strong economic growth and a sizeable population, beverage can has great potential in Indonesia. From being primarily a consuming country, Indonesia is now spreading its wings as a key exporter of beverage cans in the Asian market. A yearly growth of 9.05 per cent in aluminium cans...
China’s aluminium alloy export volumes increased by 5.31 per cent year-on-year in December, according to China’s customs data. The country shipped 44,369 tonnes of aluminium alloy last month. Image Source: Shanghai Metals Market Japan, Hong Kong and Vietnam were the top importers of country’s...
New Wave Holdings has announced that it will acquire Alutech Metals Asiatic Pte Ltd as part of its efforts to develop and expand its aluminium product distribution business. The company also intends to tap marketing strength and customer network of Alutech Metals Asiatic in the PRC to strengthen...
Altech Chemicals Ltd has formalised a total debt package of US$190 million for its proposed Malaysian high purity alumina (HPA) project. HPA is a high-value, high margin product used in the manufacture of products such as substrates for LED lights and a range of other high growth industries. The...
The sudden halt in Malaysia’s bauxite mining growth has put many bauxite miners in the South-East Asian mineral-rich country in financial lows. WZ Satu Bhd, for example, reported a sharp decline its net profit for the first quarter ended November 30, 2017. The Main Market-listed diversified company...
Several improvements will be implemented to streamline the transportation of bauxite for export after the stockpile seizure order was withdrawn by the Malaysian Anti-Corruption Commission (MACC). The Natural Resources and Environment Ministry said these improvements encompassed a more detailed...
Soon Lian Holdings, a supplier of aluminium alloy has signed a deal with Halliburton Far East to buy a single-storey deserted factory at Tuas for S$7.8 million. The property has a built-in area of about 4,800 square meters and a land area of about 9,800 square meters. The company is planning to...
The Dak Nong Aluminum Company has produced 501,000 tonnes of aluminium from its Nhan Co AluminIum Plant so far this year. The Dak Nong Aluminum Company is a part of the Vietnam National Coal and Mineral Industries Group (Vinacomin). The Dak Nong Aluminum Company has earned approximately 185 million...
The Malaysian government has prolonged the period of moratorium on bauxite mining in Pahang for another six months till June 30 next year, which was supposed to expire on December 31. Natural Resources and Environment Ministry said in a statement that the cabinet has decided to extend the ban on...
Philippines Chamber of Mines is set to implement a set of sustainability standards developed by the Mining Association of Canada (MAC). Launched in 2004, the standards named ‘Towards Sustainable Mining’ (TSM) requires companies operating in various mining sectors to assess the performance of their...
The Star reported that leader Universal Aluminium Sdn Bhd is aiming high to develop and position itself as one of the top five aluminium rod producers in the world within the next five years. Mr Alex Lim Weng Soon MD said the ongoing and new power-related infrastructure projects globally would push...
The Malaysian Anti-Corruption Commission (MACC) has decided to withdraw seizure order on 10 million tonnes of bauxite stockpile in Pahang. The decision was made following the Natural Resources and Environment Ministry (NRE), Department of Minerals and Geoscience and the state government agreed to...
Altech Chemicals Limited announced an increase in the total debt package for its high purity alumina (HPA) project. Altech said in a statement that German government owned KfW IPEX-Bank has advised the Company of credit approval for a total project finance debt package of US$190 million. Altech...
According to the Product Complexity Index (PCI), aluminium bars are the 177th most traded product and the 741st most complex product. Aluminium bars represents 4.2 per cent of total imports of Vietnam. In 2016, the import of aluminium bar rods and profiles increased both volume and value-wise when...
Altech Chemicals Limited, one of the world’s promising high purity alumina producers, announced that German government has agreed to a credit cover for its high purity alumina project. Altech Managing Director Iggy Tan, said: “news of the IMC decision for offer of cover is an outstanding milestone...
Crown Asia Pacific, a division of Crown Holdings, has inaugurated its new aluminium beverage can manufacturing plant in Jakarta, Indonesia. The new facility is Crown’s first beverage can plant in Indonesia and 16th in the Asia Pacific region. The plant has an initial annual capacity of 650 million...
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, has signed a three-year alumina supply agreement with Vinacomin, a Vietnamese state-owned firm. Under the agreement, Vinacomin will supply EGA with up to 300,000 tonnes of alumina per year....
