Aluminium extrusion usage in building and construction to grow 1.24% CAGR through 2035, with Americas at 1.15%, Europe at 1.30% & MEA at 2.47%
What does the building and construction market mean for aluminium extrusion industry? The answer may depend less on how much the world builds and more on where it builds and what those buildings require. As construction activity picks up across regions, aluminium extrusion is set to follow - but...
Korea’s 483kt of Russian aluminium imports hit record high as sanctions risks deepen
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...
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Antam and Inalum signs MoU to build Smelter Grade Alumina (SGA) plant
PT Antam Tbk and PT Indonesia Asahan Aluminium (Inalum) signed a Memorandum of Understanding ( MoU) to cooperate in the construction of Smelter Grade Alumina (SGA) plant. The signing of the MoU has been conducted between the Director of ANTAM Tedy Badrujaman and Director of Inalum Winardi in...
Press Metal's capacity expansion likely to translate into superior earnings growth for FY16
Press Metal Bhd’s (Press Metal) capacity expansion of its Samalaju plant in Bintulu has been viewed positively by analysts as the expansion will likely translate into superior earnings growth in the financial year 2016 (FY16). Following a visit to the plant, Kenanga Investment Bank Bhd’s research...
UC RUSAL announces new sales appointment
UC RUSAL, a leading global aluminium producer, announces the appointment of Christophe (Chris) Hoet as Director of Asian Sales. Chris Hoet joins RUSAL following a similar role within Vale, where he was Regional Director Sales & Marketing Base Metals, Asia Pacific. At RUSAL, he will be responsible...
‘Malaysia is the Winner’: Indonesia ban drives miners abroad
Indonesia’s ban on ore exports, which choked off shipments of bauxite, spurred local companies to head to Malaysia, underlining the challenges that Southeast’s Asia biggest economy faces in trying to boost metals processing. At least five Indonesian miners invested in Malaysia by the end of last...
Asdion wins 4 million tonne bauxite supply deal to China
IT and logistics provider Asdion Bhd has won a RM414 million deal to supply four million dry tonnes of bauxite to China from July, more than Malaysia's entire bauxite exports last year. China is the world’s biggest producer of aluminium, which is extracted from bauxite. Asdion sealed the deal with...
Altech Appoints Drytech as Kiln Supplier for its HPA Project
Altech Chemicals Limited announces that it has signed a Memorandum of Understanding (MOU) with leading kiln system supplier Drytech International (Drytech) for its high purity alumina (HPA) project. Drytech is a South African based company specialising in the manufacture of dryers and high...
Inalum begins $1.9 billion expansion with new power plant
State-owned aluminium maker PT Indonesia Asahan Aluminium (Inalum) will spend around US$750 million on a steam-fueled power plant, which would double its production capacity, starting from mid-next year in anticipation of higher energy demand. Inalum president director Winardi Sunoto said Friday...
Altech Chemicals Ltd environmental site assessment approved for Altech HPA plant
Altech Chemicals Limited announces that it has received approval from the Department of Environment, Johor (DOE) of its Preliminary Site Assessment (colloquially referred to as a "PAT") for the construction and operation of its proposed high purity alumina (HPA) processing plant at Tanjung Langsat,...
Press Metal smelter plant may lose RM150 million revenue due to halt
A three-week production halt last month at Press Metal Bhd’s smelting plant due to a fire may have cost the company up to RM160 million in lost revenue. “It would not be an entire loss, it’s a production loss. But certainly, the aluminium price is a big impact to revenue,” group chief executive...
Press Metal to look beyond temporary hiccups
Press Metal Bhd (Press Metal) will likely rebound from the myriad of setbacks faced this financial year 2015 (FY15) as RHB Research Institute Sdn Bhd (RHB Research) viewed the group to currently operate low-cost aluminium smelters in in the first quartile of the global cost curve. At a visit to...
Indonesia seeks legal route for bauxite miners to resume exports
Indonesia's government is discussing legal avenues to allow a resumption of bauxite exports to help kickstart stalled smelter projects, top officials said, as Southeast Asia's largest economy tries to promote infrastructure development. Indonesia imposed restrictions on exports of unprocessed metal...
China's aluminum exports slide in May
China's aluminum exports dropped from a four-month high as ample supplies this year depressed premiums paid by buyers in Asia. Shipments of unwrought aluminum and products in May slid 5.7 percent from the previous month to 410,000 metric tons, according to data published by China's General...
Asdion Bhd secures its first logistic contract for the supply of bauxite
IT firm Asdion Bhd is venturing into logistics business securing its first contract worth US$112mil (RM414mil) with Hong Kong International Mining Exchange Ltd (HKIM) for the supply of bauxite, the company told a local newspaper on Wednesday. Under the agreement, Asdion’s subsidiary will provide...
Inalum praised for doubling profits
The Indonesian Resources Studies (Iress) praised on Sunday the performance of state-owned aluminum producer PT Indonesia Asahan Aluminium (Inalum) for doubling its April-December 2014 profits from the same period of the previous fiscal year. “Inalum’s increased net profits show that Indonesians in...
China's appetite for Malaysian bauxite grew in April; Australian ore lost favor
China still favored Malaysian bauxite in April owing to its prevailing price appeal, Shanghai Metals Market understood. Malaysian bauxite was $ 10-11 per tonne cheaper than Australian and Indian ore at $ 46.66 per tonne, allowing its imports to grow 275,700 tonnes from March and 29.11% from a year...
Press Metal to restart ops at smelter in a month
Press Metal Bhd said it will restart operations at its Samalaju smelting plant within a month, following a decision to cease operations after a fire incident that occurred last Sunday. The group halted trading in its shares for one hour yesterday, between 2.30pm and 3.30pm in view of the...
Taiwan’s first metal industry exhibition “International Metal Technology Taiwan” to take place in Kaohsiung in December
As metal has become the preferred choice of material for structures and manufacturing, advanced metal manufacturing technology has found its way into an increasing number of applications, such as IT products, medical equipment, and other industries. Acknowledging the importance of the metal...
Malaysia's Press Metal smelting plant catches fire
A smelting plant of Malaysia's biggest aluminium maker, Press Metal Bhd, in Borneo caught fire last Sunday, the company said late on Tuesday. The company said it was unable to ascertain the cause of the fire or estimate its full impact, and that the incident did not cause any harm to any persons or...
