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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Score unaffected by aluminium smelter cancellation - Mr Taib
Bernama reported that the scrapping of the proposed MYR 7 billion aluminium smelting plant project in Similajau, near Bintulu will not affect the implementation of the Sarawak Corridor of Renewable Energy. Mr Tan Sri Abdul Taib Mahmud CM of Sarawak said that there were probably 2 other investors on...
Ord River Resources: Resource upgrade provides basis for Bankable Feasibility Study in Laos
Ord River Resources (ASX: ORD) has delivered a resource increase for the bauxite and alumina project in Laos, with a Bankable Feasibility Study the next step in progressing the project. The new JORC Resource of 226 million tonnes at 26.7% alumina is an increase of 73.8% from the previous resource,...
PKR: Press Metal Sarawak waiting for Taib’s nod
Chief Minister Taib Mahmud, whose family owns Cahya Mata Sarawak (CMS), is unperturbed by global mining giant Rio Tinto PLC’s RM7 billion ‘pullout’ because another investor, Press Metal Sarawak, is believed to be “ready and waiting” to start an aluminium smelter plant. Press Metal, which has been...
Smelter Asia still in tariff talks with SEB
Smelter Asia Sdn Bhd is still in negotiation with Sarawak Energy Bhd (SEB) for the supply of more than 600MW to power its proposed aluminium smelter in Samalaju Industrial Park, Bintulu. “Negotiations are on going,” SEB vice-president (strategic communication and corporate social responsibility)...
Alcoa CEO sees power shift toward Asia in global business
Klaus Kleinfeld, chairman and CEO of Pittsburgh, Pa.-based aluminum company Alcoa, spoke about global developments in business at a Wednesday master’s tea. Kleinfeld spoke to roughly 50 people in the Morse College master’s house about the ways in which business has shifted in response to several...
China blamed for Rio aluminium decision
RESOURCES giant Rio Tinto's decision to scrap plans for a $US2 billion ($A1.92 billion) aluminium smelter in Malaysia has been blamed in part on China over-supplying the market. While Rio blamed the move on problems with agreeing on power supply terms, analysts also cited China's policy of...
Rio Tinto Alcan No Longer Pursuing Sarawak Aluminum Smelter Plan
Rio Tinto Alcan said it’s no longer pursuing plans to develop an aluminum smelter in Sarawak in Malaysia after failing to reach an agreement on power supplies for the project. “While a great deal of progress was made in negotiations with Sarawak Energy Bhd., agreement on a long-term competitive...
Rio Tinto, CMS scrap $2 bln smelter project in Malaysia
Rio Tinto , the world's largest miner and Cahya Mata Sarawak have scrapped plans for a $2 billion aluminium smelter project in Malaysia's Borneo island as power supply terms could not be finalised, CMS said in on Tuesday. CMS, a financial and construction conglomerate based in Malaysia's Borneo...
Singapore Aluminum Premiums Rise As Metal Gets Tied Into Financing Deals
Singapore aluminum premiums are rising amid tightening supply in Southeast Asian terminals as large volumes of metal move into long-term financing deals. In Singapore warehouses, premiums to three-month London Metal Exchange aluminum are around $90-$100 a metric ton, $15 higher than a month ago,...
Seven more companies ready to build smelters
The Energy and Mineral Resources Ministry announced over the weekend that seven more companies have expressed interest in building mineral smelting plants in Indonesia. These additions bring the total number of smelters queuing up to be built to 26, up from the ministry’s previously reported number...
Vietnam to test-run first alumina plant in early Q2-report
Vietnam will test-run the country's first alumina plant early in the second quarter starting in April, before moving to full production, a state-run newspaper said on Friday, indicating a slight delay in the project. Up to 99 percent of work has now been completed at the Tan Rai plant owned by the...
Banks Sit on Huge Aluminum Stocks, Collect Rent
New fronts are opening up in Europe and Asia in the battle between banks and trading houses to expand their storage hubs for aluminum, a metal meant for use in manufacturing but increasingly viewed as a store of value. Until recently, the battle was almost exclusively confined to one location,...
New fronts open in aluminium storage battle
New fronts are opening up in Europe and Asia in the battle between banks and trading houses to expand their storage hubs for aluminium, a metal meant for use in manufacturing but increasingly viewed as a store of value. Until recently, the battle was almost exclusively confined to one location,...
Govt to take over Inalum for $700m, Hatta says
The government will take over aluminum producer PT Indonesia Asahan Aluminium (Inalum) in a transaction deal, which will be worth up to US$700 million, when the company’s contract ends in 2013. Coordinating Economic Minister Hatta Rajasa said in Jakarta on Friday that the acquisition value was...
Vietnam To Auction First Alumina Output - Report
Vietnam will auction its first alumina output from a plant that is scheduled to start commercial production from the second quarter, local media said Saturday, citing a government official. Many buyers from Japan, China and the Middle East are interested in buying alumina from the Tan Rai plant,...
Ord River Resources moves closer to Yuqida JORC Resource update in Laos
Ord River Resources (ASX: ORD) is in the final stages of a JORC Resource statement for the Yuqida prospect at the company’s bauxite bauxite/alumina project in Laos, which follows a 300% increase in the LSI tenement in late 2011. Proposals for a Bankable Feasibility Study at the project are being...
Delta Aluminum Industry to finish 3rd 3xpansion in March
Chinese major secondary alloyed aluminum maker, Delta Aluminum Industry in Which Daiki Aluminum has 20% interest completes Phase III of expansion in March. The output capacity increases from monthly 8,000 tonnes to 12,000 tonnes. The firm tries to expand sales in Chinese market and to Japan through...
Reliance Metal Delivers Massive Selection of Aluminium Doors to accommodate Each & Every House
Reliance Metal can be a renowned seller and also supplier of varied home solutions in Malaysia. Aluminium fittings and installment, specifically aluminium doors will be the forte with the company. They've got tremendous selection of styles and types of aluminium in terms of theses doors fashioned...
