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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Worldwide rollout for xlite aluminium wheels
xlite has become a worldwide brand thanks to an exclusive trademark agreement between European distributor, Motor Wheel Service, and manufacturer Wheels India. Under the terms of the 10-year agreement, all of the forged aluminium wheels produced by Wheels India will feature xlite branding on the...
Aluminum Stockpiles Have Longest Drop in Six Years Led by Asia
Aluminum inventories extended their longest decline to six years led by removals in Asia. Aluminum inventories in warehouses monitored by the London Metal Exchange fell 10,000 metric tons, or 0.2 percent, to 4.52 million tons, the lowest since Jan. 31. That was the 24th consecutive drop, the...
Mubadala and 1MDB to build USD 4 billion aluminum smelter in Malaysia
Mubadala Development Company, a wholly owned investment vehicle of the government of Abu Dhabi and 1 Malaysia Development Bhd have announced that they will jointly establish USD 4.2 billion aluminum smelter in Sarawak of Malaysia. The JV partners will also bring in other investors to invest...
Mubadala inks overseas aluminum deal
Mubadala is continuing with aggressive overseas expansion plans, announcing JV with 1 Malaysia Development for the construction of USD 4 billion aluminum plant in the South East Asian country. Mubadala has an impressive track record of forming successful JV having recently completed a smelter in...
Accuride Acquires Aluminum Wheel Maker
Accuride Corp. has acquired Forgitron Technologies, a forged aluminum wheel maker based in Camden, S.C. The deal with owner Kamylon Capital gives Accuride an 80,000-square-foot forged aluminum wheel manufacturing plant, which will be converted to the production of Accuride-branded aluminum truck...
Abu Dhabi to build USD4b aluminum plant in Malaysia
Mubadala Development, Abu Dhabi's strategic investment company, and 1MalaysiaDevelopment plan to build a USD4 billion aluminum plant in Malaysia in a joint venture, The National reported. The companies plan to build the smelter, which will produce up to 750,000 tons of aluminum a year, in Sarawak,...
Mubadala in JV for new smelter in Malaysia
Abu Dhabi's Mubadala Development and state-owned development firm 1Malaysia Development have agreed to form a joint venture to develop a $4.2bn (Dhs15.4bn) aluminium smelter in east Malaysia, Dow Jones has reported. As part of the deal, Mubadala will also help 1Malaysia Development team up with...
Thai beverage firm to build VN plant
Thai Beverage Can Ltd yesterday officially signed a US$60 joint venture agreement with America's Ball Corporation to build a $60 million aluminium can plant in Viet Nam's southern province of Binh Duong. The project, slated for operation in mid 2012, will cover an area of 80,000 square metres in...
Aluminum Bookings Advance From LME Warehouses Across Asia
Bookings to remove aluminum held in warehouses in Asia have surged to the highest level in at least 13 years, prompting speculation that record fees for supplies in the U.S. and Europe may be drawing away inventories. So-called canceled warrants from Asian stockpiles monitored by the London Metal...
Aluminum Canceled Warrants Climb to Highest Since at Least 1997
Orders to draw aluminum from warehouses monitored by the London Metal Exchange climbed to the highest level since at least October 1997, daily exchange figures showed today. Total canceled warrants, as the orders are known, rose 14,275 metric tons to 514,650 tons, the highest level in more than 13...
Ord River Resources reports SARCO signs EPC MOU for Laos alumina refinery
Ord River Resources (ASX: ORD) has reported that Sino Australian Resources Co., Ltd (SARCO) has entered into an agreement with China Non-Ferrous Metal Industry’s Foreign Engineering & Construction Co. Ltd (NFC) for a future engineering, procurement and construction (EPC) contract. The Memorandum of...
Ord River Resources announces project financing proposal received for SARCO alumina refinery in Laos
China Minsheng Banking Corporation has stated in a letter of proposal to Sino Australian Resources, it is the bank’s intention to provide the necessary project financing SARCO requires. SARCO has proposed building USD 600 million, 600,000 tonne per annum capacity alumina refinery in Laos. The large...
Ord River Resources reports project financing proposal received for SARCO alumina refinery in Laos
Ord River Resources (ASX: ORD) has achieved a major milestone for the production development of the company. China Minsheng Banking Corporation (CMBC) has stated in a letter of proposal to Sino Australian Resources (SARCO), “It is the bank’s intention to provide the necessary project financing...
Jiangxi Province Overseas Minerals Development Form its Global Layout
May 26, the reporter learned from Provincial Commercial Office that recent year our province enterprises raise their “Going Global” awareness, our province’s overseas mineral resources development has form its initial shape. Our province’s business events throughout Southeast Asia, Central Asia,...
BD Thai sues Khaled for compensation
Bangladeshi Thai Aluminium Ltd yesterday sued stock-scam probe team chief Khandaker Ibrahim Khaled claiming Tk 100 crore compensation for publishing “false” and “fabricated” statement about the company. This is the second legal step of the company against him. After hearing the complaint, Judge Al...
Taiwan makers to raise aluminum capacitors prices by 10% in May-June
Taiwan-based makers of aluminum electrolytic capacitors plans to raise their quotes by 10% on average in May-June as their profits have been eroded by rising aluminum foil prices, according to industry sources. Taiwan Chinsan Electronic Industrial reported that its gross margin dropped to 20.43% in...
Novelis invest USD 400 million to expand aluminum rolling capacity in Asia
Reportedly, Novelis will invest USD 400 million in the expansion of aluminum rolling capacity in Asia and the recycling infrastructure in response to meet the growing demand from Asia and the Middle East. In addition, this investment has showed the remarkable step of the strategy implementation for...
Mr Mohamed Alabbar signs with Chinese major to build aluminum plant in Malaysia
...Gulf International Investment Group Holdings Sdn Bhd headed by Malaysian entrepreneur Mr Tan Sri Syed Mokhtar Al Bukhary and UAE based business leader Mr Mohamed Alabbar has entered into JV agreement with Aluminum Corporation of China to develop USD 1.6bn aluminum smelting plant in the State of...
