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Hindalco ends $125 million AluChem deal after prolonged closing delays
Alumina

Hindalco ends $125 million AluChem deal after prolonged closing delays

Hindalco Industries has terminated its proposed USD 125 million acquisition of US-based speciality alumina producer AluChem Companies after extended delays in closing the transaction. The decision ends a deal announced in June 2025, although Hindalco says its speciality alumina expansion strategy remains firmly in place. Hindalco Industries has called off its proposed acquisition of AluChem Companies Inc., bringing an end to its planned USD 125 million entry into the US-based speciality alumina producer. The Aditya Birla Group's metals flagship and AluChem have jointly decided to terminate the Equity Purchase Agreement (EPA) following prolonged delays in completing the transaction. According to Hindalco's regulatory filing, the delays were beyond the control of either party. "The proposed...

Primary AL

Aluminium prices retreat as bulls reduce positions before the holiday; aluminium under pressure amid risks of post-holiday inventory buildup and weakening demand

The US September consumer confidence index plunged 6.7 points to 81.9, the lowest since 2014 and deteriorating across the board. The University of Michigan survey showed consumers' assessments of their current financial situation and that one year ahead both fell about 10 per cent, with high-price concerns continuing to brew. Inflation pressure showed no signs of easing. US Fed Governor Cook said AI demand growth, rising oil prices, and supply chain disruptions from Middle East conflicts would keep inflation under pressure, but gave no clear guidance on rate hikes. CME data showed the market-implied probability of a 25 bp rate hike in October had risen to 70.9 per cent, and the probability of a cumulative 50 bp hike by December reached 58.7 per cent. Tightening expectations strengthened...


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Germany’s next big aluminium recycling prospect lies in 600kt of solar PV waste
Recycled AL03 OCT 2026

Germany’s next big aluminium recycling prospect lies in 600kt of solar PV waste

Germany is on track to generate over 600,000 tonnes of solar PV waste by 2030, creating a major recovery opportunity for aluminium and silver. A new study by the Fraunhofer Centre for Silicon Photovoltaics (CSP) highlights the approximate raw-material value locked in the country’s installed solar fleet. At the same time, it identifies a key challenge of an efficient recovery of the trapped aluminium and silver. Germany had roughly 5.35 tonnes of PV modules installed by 2023, containing around 660,000 tonnes of aluminium and 3,900 tonnes of silver, with a combined value of about EUR 4.8 billion (USD 5.4 billion) at current prices. These figures have risen considerably since 2023 and would need to almost double by 2030 if Germany is to meet its solar deployment targets. However, turning...

Aughinish Alumina seeks support as EU reviews Russia-bound alumina exports
Alumina03 OCT 2026

Aughinish Alumina seeks support as EU reviews Russia-bound alumina exports

Aughinish Alumina has stepped up its engagement with Irish government representatives and officials as the European Commission considers further measures that could affect alumina exports from its Co Limerick facility to Russia. The increased engagement comes ahead of the next round of EU measures, with some member states expected to seek restrictions on Irish alumina exports to Russia. The European Commission is aiming to implement the measures before winter. Aughinish’s exports have come under increased attention following reports of shipments from the plant to Russian smelters. The resulting aluminium is sold to a company that supplies more than 100 Russian manufacturing companies, according to various industry sources. The latest trade data underlines the scale of the shipments. A...

Andhra Pradesh backs Srikakulam aluminium smelter plan with Odisha alumina link
Primary AL03 OCT 2026

Andhra Pradesh backs Srikakulam aluminium smelter plan with Odisha alumina link

The proposed Srikakulam aluminium smelter project in Andhra Pradesh is gaining momentum, with around 6,800 acres of saline land earmarked at Mulapeta and Pundi for the large-scale industrial development. The proposal could also bridge Odisha’s alumina industry with Andhra Pradesh’s coastal port infrastructure, forming a potential industrial link between the two states. Union Minister for Civil Aviation Kinjarapu Ram Mohan Naidu discussed the proposed smelter with Union Minister for Mines G Kishan Reddy in Delhi, highlighting the availability of around 6,800 acres of saline land in Srikakulam district. Out of this, 5,000 acres are located in Mulapeta and 1,800 acres in Pundi. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: “ Global Bauxite &...

Turkiye begins mass production of aluminium-bodied high-speed trains
End User03 OCT 2026

Turkiye begins mass production of aluminium-bodied high-speed trains

Turkiye is moving into a new phase of domestic high-speed train manufacturing, with its first locally developed high-speed electric train now entering mass production. A key feature of the new train is its aluminium body, while the project also brings together locally developed rail systems and a new manufacturing facility in Sakarya. State-owned TÜRASAŞ - Türkiye Raylı Sistem Araçları Sanayii has started manufacturing the second train set, as the first continues its testing programme. The authorities plan to produce 14 trains over 2027 and 2028, marking a shift from prototype development towards series production. Aluminium bodies at the centre of the new train programme Each high-speed train will comprise eight railcars with aluminium bodies and will have a capacity of 577 passengers....

Operating rate declines notably due to holiday; ADC12 price expected to remain strong after the holiday
Recycled AL02 OCT 2026

Operating rate declines notably due to holiday; ADC12 price expected to remain strong after the holiday

This week, the aluminium scrap market price centre moved slightly lower along with primary aluminium. As of September 30, SMM A00 aluminium prices closed at RMB 24,030 per tonne, down RMB 190 per tonne from last Thursday, with aluminium scrap prices broadly following the decline. In terms of price spreads, the price difference between A00 aluminium and mixed aluminium extrusion scrap free of paint in Foshan stood at about RMB 2,550 per tonne, while the price difference between A00 aluminium and shredded aluminium tense scrap was about RMB 1,384 per tonne. On the import side, imported shredded aluminium zorba prices at Ningbo Port and Tianjin Port were recorded at RMB 21,470 per tonne and RMB 21,520 per tonne respectively (tax inclusive). After the National Day holiday, the aluminium scrap...

Domestic aluminium ingot accumulation after National Day Holiday expected to be moderate and controllable
Primary AL02 OCT 2026

Domestic aluminium ingot accumulation after National Day Holiday expected to be moderate and controllable

Ahead of the National Day holiday, domestic aluminium ingot inventories continued to set fresh year-to-date lows. According to SMM statistics, as of September 30, electrolytic aluminium ingot inventories in China's major consuming regions stood at 638,000 tonnes, down 36,000 tonnes from Monday and 40,000 tonnes from last Thursday. The pace of pre-holiday destocking was relatively fast overall, leaving ample buffer for inventory accumulation during the holiday. Source: SMM On the supply side, domestic downstream demand recovered somewhat month on month in September, but processing fees for some fabricated products came under pressure, leading some downstream enterprises to cut or suspend production, which lowered their willingness to purchase molten aluminium and pulled the...

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NALCO pays record ₹11b dividend to government as Angul Aluminium Park draws investor interest
Primary AL29 SEPT 2026

NALCO pays record ₹11b dividend to government as Angul Aluminium Park draws investor interest

National Aluminium Company Limited (NALCO) has paid INR 11 billion (USD 114 million) in dividend to the Government of India for FY26, marking the company’s highest-ever payout. The company declared a total dividend of INR 21 billion (USD 219 million) for FY26, including one final dividend and three interim dividends. This represents a 230 per cent payout on equity shares with a face value of INR 5 (USD 0.052) each. The dividend cheque was handed over to Union Minister G. Kishan Reddy at an investor roadshow in Kolkata on September 28, 2026. NALCO reported a profit after tax of INR 58 billion (USD 604 million) for FY26. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade...

Rio Tinto to market RevoCast’s low-carbon aluminium billet from new British Columbia facility
Sustainability29 SEPT 2026

Rio Tinto to market RevoCast’s low-carbon aluminium billet from new British Columbia facility

RevoCast’s newly commissioned aluminum billet facility in British Columbia is set to supply more low-carbon extrusion material to North American manufacturers through a new agreement with Rio Tinto. The Langley plant, which began operations in August 2026, can produce more than 80,000 metric tons of 6xxx-series aluminum billet annually. Under the agreement, Rio Tinto will exclusively market the billet, which combines low-carbon primary aluminum produced using hydropower at Rio Tinto’s Kitimat operations with recycled aluminum processed by RevoCast. The partnership will give manufacturers access to billet with recycled and low-carbon content while supporting regional supply chains and greater circularity in British Columbia’s construction sector. To know the global production, demand and...

80Mt bauxite, 13 years later: Vedanta renews Niyamgiri mining push in Odisha
Bauxite28 SEPT 2026

80Mt bauxite, 13 years later: Vedanta renews Niyamgiri mining push in Odisha

Leading Indian aluminium producer Vedanta has renewed its push to revive bauxite mining at Odisha’s Niyamgiri hills, about 13 years after the proposed project was shelved. With Niyamgiri hosting around 80 million tonnes of bauxite reserves, the renewed proposal brings the resource potential of the Kalahandi-Rayagada belt back into focus. Vedanta Chairman Anil Agarwal discussed reopening the Niyamgiri bauxite mining project with Odisha Chief Minister Mohan Charan Majhi in Bhubaneswar on September 26. Agarwal mentioned that the discussion addressed employment opportunities for involved tribal communities. “Today it was discussed for reopening of Niyamgiri. The affected tribals should be given jobs,” Agarwal stated. The state government also indicated that steps would be taken towards the...

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