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Maaden aluminium revenue jumps 49% to $1.01 billion in Q2 2026
Primary AL

Maaden aluminium revenue jumps 49% to $1.01 billion in Q2 2026

Maaden’s aluminium business delivered a stronger Q2 2026 performance, with revenue rising 49 per cent year on year to USD 1.01 billion, supported by higher aluminium production and stronger realised prices. According to industry sources, Maaden’s aluminium business produced 242,000 tonnes in Q2 2026, while realised aluminium prices reached USD 3,915 per tonne, up 51 per cent. The combination of higher aluminium output and stronger realised prices helped drive the 49 per cent increase in Maaden aluminium revenue to USD 1.01 billion. The growth came alongside gains in both volume and pricing rather than from a one-off accounting effect. The stronger Q2 performance puts aluminium prices in focus for Maaden’s earnings. With realised aluminium prices reaching USD 3,915 per tonne, the company...

Bauxite

18 Jamaican students return from Russia with engineering degrees, ready for mining careers

Eighteen Jamaican students have returned home after completing engineering degrees in Russia, bringing new technical skills back to the country’s bauxite and mining sector. The students completed their engineering programmes at Siberian Federal University in Krasnoyarsk, Russia, under a fully funded international scholarship programme backed by UC RUSAL Alumina Jamaica Ltd./WINDALCO. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: "Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook" The latest cohort was awarded the scholarships in November 2021. After completing their studies, the graduates returned to Jamaica in August and have since taken up roles with the bauxite and mining company. The new...


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India’s 8.25% aluminium duty paradox puts downstream manufacturing under pressure
Downstream22 SEPT 2026

India’s 8.25% aluminium duty paradox puts downstream manufacturing under pressure

India is producing more aluminium, but a growing policy debate is asking a different question of how much value is the country actually retaining from every tonne it produces? India is the world’s second-largest aluminium producer, with primary aluminium output reaching around 4.2 million tonnes. Yet, according to the Ministry of Mines’ Aluminium Vision Document, 76 per cent of India’s aluminium exports by volume are primary aluminium, while downstream products account for only 24 per cent. That imbalance has brought India’s aluminium import duty, particularly the effective 8.25 per cent duty on primary aluminium, back into focus. The 8.25% question Primary aluminium currently attracts a 7.5 per cent Basic Customs Duty (BCD), along with a 0.75 per cent Social Welfare Surcharge, taking the...

Vedanta Aluminium exports $3.5b as Jharsuguda SEZ contributes 6% of India’s goods exports
Primary AL22 SEPT 2026

Vedanta Aluminium exports $3.5b as Jharsuguda SEZ contributes 6% of India’s goods exports

Vedanta Aluminium has become India’s second-largest exporter of goods from a Special Economic Zone (SEZ), recording exports of around USD 3.5 billion in FY26, according to the company. Its SEZ facility in Jharsuguda, Odisha, contributed around 6 per cent of India’s total SEZ goods exports during the financial year ended March 2026. The company supplies customers in more than 60 countries, including markets in Europe, the United States, Japan and Southeast Asia. Vedanta Aluminium’s export portfolio includes primary and value-added aluminium products such as billets, wire rods, rolled products, primary foundry alloys and ingots. It also includes the company’s low-carbon Restora aluminium range, manufactured using renewable energy with GHG emissions of below 4 tonnes of CO2 equivalent per...

Nespresso expands curbside aluminium recycling in Westchester County
Recycled AL22 SEPT 2026

Nespresso expands curbside aluminium recycling in Westchester County

Nespresso, the pioneer and reference for premium portioned coffee, today announced a significant investment in recycling infrastructure for Westchester County's Refuse Disposal District. Effective immediately, all residents in the Refuse District can now recycle used Nespresso capsules and other small, non-ferrous aluminium items directly in their at-home curbside recycling bins, alongside their regular metal, glass, carton, and plastic recyclables. The programme will directly support more than 900,000 local residents, offering them another convenient and simple way to recycle. Small format aluminium materials are processed locally at the Department of Environmental Facilities (DEF) Material Recovery Facility, which allows the District to divert additional material from the waste stream,...

Aluminium prices gain phased support as China-US presidential meeting approaches and destocking accelerates
Primary AL22 SEPT 2026

Aluminium prices gain phased support as China-US presidential meeting approaches and destocking accelerates

SHFE aluminium closed at RMB 24,195 per tonne last night, down 0.45 per cent. The price broke below MA5 (24,445) and MA10 (24,262.5), but remained above MA30 (24,083) and MA60 (23,700), with moving averages showing short-term bearish pressure and mid-term bullish support. The MACD indicator showed DIF at 105.8 and DEA at 131.0, with a death cross at high levels and the green bars expanding to -50.36, indicating strengthening short-term bearish momentum. Trading volume was 64,700 lots, below the MA5 average volume, reflecting cautious market participation. The core trading range for SHFE aluminium is suggested at 24,000-24,600. LME aluminium closed at USD 3,274.5 per tonne, edging up 0.35 per cent. The price was slightly below MA5 (3,280.7) and MA10 (3,279.1), but remained above MA30...

LME aluminium price drops further to $3,262.5/t on September 21; stocks hold steady
Primary AL22 SEPT 2026

LME aluminium price drops further to $3,262.5/t on September 21; stocks hold steady

The London Metal Exchange (LME) aluminium price graph dropped further on September 21 across all the pricing segments of cash and contracts. The aluminium opening stocks, however, remained steady. The LME aluminium cash bid price shifted from USD 3,283 per tonne on September 18 to USD 3,261.5 per tonne on September 21, down 0.65 per cent. The LME aluminium cash offer price dipped from USD 3,285 per tonne to USD 3,262.5 per tonne, easing by 0.68 per cent day-on-day. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” The LME aluminium three-month bid and offer prices reported a 0.27 per cent decline. The bid closed at USD 3,272.5 per tonne, compared to...

China alumina spot prices steady as production cut hopes offset weak fundamentals
Alumina22 SEPT 2026

China alumina spot prices steady as production cut hopes offset weak fundamentals

The SHFE alumina futures prices have shown a volatile trend recently. Although fundamentals have dragged spot prices weaker, as industry-wide losses widen, market expectations of production cuts keep rising. Therefore, after the basis narrowed back, futures prices found bottom support, and traders took a cautious wait-and-see stance. On supply side, recent domestic alumina operating capacity was about 99.1 million tonnes per year. A large new alumina project in Guangxi started trial production on its first production line last Sunday, involving capacity of about 1 million tonne per year; after product quality stabilises, it will advance the second 1-million-tonne line. A northern alumina refinery, under heavy loss pressure, has gradually halted front-end feeding and aluminium hydroxide...

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Ambani’s Reliance eyes aluminium as Adani bets $11.5b on Odisha project
Bauxite25 AUG 2026

Ambani’s Reliance eyes aluminium as Adani bets $11.5b on Odisha project

Mukesh Ambani owned Reliance Industries Limited (RIL) is evaluating an entry into India’s aluminium industry, potentially placing Mukesh Ambani’s conglomerate in competition with Gautam Adani’s Adani Enterprises as both groups expand into metals, bauxite and natural resources. The proposal remains at an exploratory stage, associated with Reliance’s plans for coal gasification, with the company considering metals production as a way to improve the commercial viability of the business. Reliance also showed interest in Odisha’s Karlapat bauxite block by purchasing its tender documents. To know the production, demand and consumption forecasts on bauxite and alumina, explore the report “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” Reliance...

BIS seizes pharmaceutical aluminium foil worth ₹1.4m from Rohtak firm
Downstream26 AUG 2026

BIS seizes pharmaceutical aluminium foil worth ₹1.4m from Rohtak firm

The Bureau of Indian Standards has seized about three tonnes of aluminium foil intended for pharmaceutical packaging from a Rohtak-based firm over suspected violations of India’s mandatory quality-certification rules. The Haryana office of BIS said it recovered about 250 rolls of foil, with an estimated value of INR 1.4 million (USD 14,695), during an enforcement operation at Jainalco Industries Limited. BIS cites missing licence According to BIS, the foil was covered by Indian Standard IS 16011, which applies to aluminium and aluminium-alloy foil used for pharmaceutical packaging. The agency said the company was found in possession of the material without a valid BIS licence, even though the product is subject to a Quality Control Order. Such orders require notified products to comply...

Vedanta Aluminium eyes next growth phase on higher volumes and lower costs
Primary AL26 AUG 2026

Vedanta Aluminium eyes next growth phase on higher volumes and lower costs

Motilal Oswal has maintained its “buy” rating on Vedanta Aluminium Metal, saying production growth, lower costs and a bigger share of value-added products could support a multi-year expansion in earnings. The brokerage has set a target price of INR 540 (USD 5.67) per share, implying potential upside from the stock’s recent level of about INR 451 (USD 4.73). Vedanta Aluminium shares were trading higher in Wednesday morning deals after gaining about 3 per cent over the previous week. Growth outlook drives bullish call Motilal Oswal expects Vedanta Aluminium’s revenue, EBITDA and profit after tax to grow at compound annual rates of about 11 per cent, 18 per cent and 23 per cent, respectively, between financial years 2026 and 2028. The brokerage’s investment case rests on rising aluminium...

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