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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Asian aluminum premiums hold steady during holiday season
Asian aluminum premiums have held steady in muted trading during the holiday season, with business being done on a short-term contract basis following last year's premiums volatility. "Spot Main Japanese Port (MJP) premiums were at $240 to $245 per tonne, same as long-term quarterly premium(s)," a...
Cita Mineral Builds Smelter in West Kalimantan
Bauxite mining company PT Cita Mineral Investindo Tbk (CITA) established a joint venture company with companies from China and Hong Kong to develop an alumina smelter in West Kalimantan. Yusak Lumba Pardede, Corporate Secretary of Cita Mineral, said the smelter will have capacity of two tons per...
Bright Packaging Industry Bhd shares jumped to their highest
Bright Packaging Industry Bhd shares jumped to their highest in more than 10 years on Wednesday on news that the aluminium-foil packaging material manufacturer may see a change in its board and management. Bright Packaging rose as much as seven sen or 4% to RM1.90, the highest since May 2002,...
Antam picks Sumitomo for $145m power projects
Mining company PT Aneka Tambang, known as Antam, has given the Japanese Sumitomo Corporation the task of working on the development of coal-fired power plants, which forms part of the company’s modernization work on its ferronickel factory in Pomalaa, Southeast Sulawesi. Antam is also in the...
Five Investors considering investment in Alumina Business in Indonesia
Some 3-5 foreign investors are now studying to invest in alumina business in Indonesia with total investment expected to reach US$10 billion, equivalent Rp96 trillion, Investor Daily reported this morning. Panggah Susanto, general director of manufacture-based industry at the Industry Ministry,...
Chalco Plans to Build Alumina Plant in Indonesia
Aluminum Corp. of China Ltd., the country’s biggest producer, is seeking to tap bauxite resources and build processing plants abroad after Indonesia, the largest supplier to China, curbed exports. The company plans to build an alumina facility with a capacity of 1 million metric tons a year in...
N.Korean Aluminum Shipment to Burma Foiled
The Japanese government confiscated what appeared to be North Korean aluminum alloy bars from a Singaporean cargo ship at the end of August, the Asahi Shimbun reported Saturday. They were apparently bound for Burma and could have been used in centrifuges for uranium enrichment. The Wan Hai 313...
China investor to build alumina refinery in Batam
The Hainan Joint Enterprise Business Service Co. Ltd. and its Indonesian partner company, PT Indopura Resources, plan to construct a bauxite refinery worth US$700 million in Batam, Riau Islands. The factory is expected to employ 5,000 workers. PT Indopura Resources director Cedric Lam, its managing...
Japan aluminum buyers said to get first fee cut in a year
Aluminum buyers in Japan, Asia’s largest importer, are set to secure the first fee reduction in a year from suppliers as the economy sinks into a recession, according to three executives involved in the negotiations. Premiums for the three months starting in January may drop about 4 percent from...
Vietnam receives $300 mln Citi loan for alumina project
Vietnam state mining group Vinacomin has signed a $300 million government-guaranteed loan with a consortium of foreign banks led by Citi Vietnam to fund the nation's first alumina refinery, the bank said in a statement on Thursday. The loan is for a 13-year period and has been guaranteed by the...
Polish firm acquires 35% stake in SMC unit
The San Miguel group is taking in Poland-based Can Pack Group, a key player in the global packaging industry, as a strategic partner in its aluminum can manufacturing business. In a statement on Thursday, San Miguel Corp. said its packaging unit San Miguel Yamamura Packaging Corp. (SMYPC) had...
Vietnam's first alumina plant opening delayed further
Operators have again delayed the opening of the Tan Rai alumina plant in the Central Highlands province of Lam Dong for an undetermined period of time. Before this latest delay for the country’s first-ever alumina plant, the facility was supposed to go into operation on November 1. “The alumina...
Indonesia govt expects to buy PT Inalum for $700 million
Indonesia's government is in talks to buy out the Japanese majority owners of aluminium producer PT Inalum for an estimated $700 million, the southeast Asian nation's industry minister said on Tuesday. The talks over PT Inalum, whose output of aluminium ingots last year fell 0.9 percent from 2010,...
Instant UpRight to open plant in China
Aluminium tower manufacturer Instant UpRight, will officially open a new manufacturing facility - UpRight Asia - in Foshan, Guangzhou, southern China next week. Dealers and customers from Asia, the Middle East and Australia are due to attend the opening, which will be followed by a conference to be...
Indonesian government rejects extension of Inalum contract with Japan
The Indonesian government has formally rejected Japan’s request to continue to operate aluminum producer PT Indonesia Asahan Aluminium (Inalum) after its existing agreement expires in 2013, a senior Indonesian official has said. Industry Minister MS Hidayat said on Tuesday that he and Japan’s vice...
SERDC Honors Alcoa with LEAP Award for Recycling Leadership
Alcoa is the inaugural winner of the LEAP award for recycling leadership given by the Southeast Recycling Development Council (SERDC), an organization dedicated to promoting sustainable recycling in the Southeast U.S. The award recognizes corporate leadership in the drive to increase recycling...
Showa Denko to build aluminium casting plant in Johor
Showa Denko (SDK) has decided to construct an aluminium casting plant in Johor. SDK said it would start making preparations this year for the construction work, and begin production at the new 35,000 sq m plant by the end of 2014. In addition to an integrated aluminium casting/forging facility in...
Hydro agrees to sell Taiwan remelter
Hydro has entered into a binding agreement to sell its aluminium remelt plant in Taiwan to Ting Sin Metal Co. Ltd. The transaction is expected to close during October. Hydro invested in the remelt plant in March 2008, and the company is a fully owned subsidiary. Ting Sin Metal Co. Ltd., a company...
