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Global consumer product makers choose aluminium wiring as the copper price skyrockets
02 Jul 20265MINS
End User
Copper prices spiked to a record high in late January, touching nearly USD 15,000 per tonne, driven by supply shortages alongside surging demand from the green-energy transition and data centres. Aluminium, by contrast, trades at roughly a quarter of copper's price. The catch is performance: aluminium conducts electricity at only about 61 per cent of copper's efficiency, meaning aluminium conductors must be around 1.6 times larger to carry the same load. Copper is also about 3.3 times as heav ...
Adani and Abu Dhabi's IHC sign MoU for $11.5bn aluminium complex in Odisha
02 Jul 20262MINS
Primary AL
India's aluminium sector is poised for major expansion, as the Adani Group and Abu Dhabi-based International Holding Company (IHC) have signed a memorandum of understanding (MoU) to jointly develop an integrated aluminium complex in Odisha with an estimated investment of USD 11.5 billion. Both partners will hold equal 50 per cent stakes in the project, which is expected to become the largest foreign investment in India's metals sector. It will include an alumina refinery, aluminium smelter, c ...

02 Jul 20267MINS
SupplementAL
China's prebaked anode prices halted its upward trend and turned lower in June 2026. On the fundamentals, new capacity additions and maintenance shutdowns occurred in parallel, with operating rates edging down. The aluminium production remained high, supported by steady domestic demand, though export volumes dropped significantly. In July, cost support is expected to re-emerge as procurement benchmark prices rise month-on-month, prompting a rapid bottoming-out and rebound. Market Overview Ch ...
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