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Argentina’s exports jump 42% to nearly 50kt; unwrought aluminium drives demand
The aluminium trade graph, excluding scrap, of Argentina in the first eight months of 2026, till August, continues to surge with steady momentum, indicating an increase in shipments and export earnings of the nation. As of year-to-date (YTD) August 2026, Argentina exported a total of 48,977 tonnes, valued at USD 179.05 million. Excluding aluminium scrap, the export basket covered all the articles of aluminium products including unwrought, bars, rods and profiles, foil, plates, sheets and strips, tube or pipe fittings and aluminium wire. Explore: Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook Volume and value register strong year-on-year growth Calculating the year-on-year growth,...
Vietnam’s 450,000-tonne aluminium project enters trial production four months ahead of schedule
Vietnam’s first electrolytic aluminium project has reached another major milestone, with the second phase of the 450,000-tonne-per-year (tpa) Da Nong project producing its first batch of molten primary aluminium on October 31, 2026. The milestone, achieved by China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd. (NFC), which is the project’s general contractor, came four months and three days ahead of the contractual schedule, officially moving the second phase from construction to trial production. The latest development builds on the progress made during the first phase, which produced its first batch of molten primary aluminium on July 14. By September 15, all electrolytic cells in the first phase had successfully started producing aluminium. The second...
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LEARN MORENorth American aluminum Zorba-Zurik scrap trade: Leading exporters and a shift in processing
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AL Circle Analysis: 243% US scrap rise, 6Mt European recycling & Germany’s power fix drive aluminium trade
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Neoen secures $1.26b backing for five Australian clean energy projects
French renewable energy company Neoen has secured AUD 1.8 billion (USD 1.26 billion) in debt financing from 13 lenders to support a 1.2 GW portfolio of solar, wind, and battery storage projects across Australia, marking its largest financing transaction to date. The financing package covers five operating and under-construction assets across New South Wales, South Australia, and Western Australia. The portfolio includes the 440 MWp Culcairn solar PV plant and its associated 215 MW/963 MWh battery storage project, alongside wind and storage assets in the other two states. Neoen said the transaction would strengthen its balance sheet and support further investment in new projects, as the company continues to expand its renewable energy footprint in Australia. “This transaction reflects the...
In conversation with CANEX Aluminium at Aluminium 2026: Championing women in the industry
CANEX Aluminium, an Egypt-based manufacturer of aluminium extrusions and die-cast components, won the Women With Metal – Champion Company award on 6 October 2026 at ALUMINIUM 2026 in Düsseldorf, Germany. The recognition came during the second edition of Women With Metal – The ALUMINIUM Awards, held at the Conference Theatre in Hall 7a on the opening day of the trade fair at Messe Düsseldorf. The award recognises organisations demonstrating an outstanding commitment to empowering women and fostering a more inclusive and supportive industry. CANEX was shortlisted alongside Speira GmbH, ISOLPACK SPA, and Steel and Alloy Processing / Gonvarri Steel Services. The recognition also highlighted the contribution of CANEX's QHSE Manager, Rasha Othman, who was a finalist in three individual...
LME aluminium price dips to $3,095/t; Asian Ref, alumina prices gain nearly 1%
The London Metal Exchange (LME) aluminium price graph dipped across the pricing and contract segments on the November 2 trading session, reporting declines over the October 30 close . The Asian Reference Price and alumina Platts price, on the other hand, reported nearly 1 per cent gains. The LME aluminium cash bid price dipped by 0.63 per cent from USD 3,113.5 per tonne to USD 3,094 per tonne. The offer price moved from USD 3,114 per tonne to USD 3,095 per tonne, down 0.61 per cent day-on-day. Explore: Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid advanced from USD 3,078 per tonne from USD 3,059.5 per tonne, decreasing by 0.6 per cent. The offer...
NALCO reports Q2 FY27 net sales of INR 53.8b, up 26.2% year-on-year
Net sales of National Aluminium Company Limited (NALCO) rose 26.2 per cent year-on-year to INR 53.80 billion (USD 567 million) in Q2 FY2026-27, compared with INR 42.6 billion (USD 449 million) in the same quarter last year. The company is set to discuss its unaudited results for the quarter and half-year ended September 30, 2026, during an earnings call scheduled for November 3. NALCO’s total income reached INR 56.7 billion (USD 598 million) in Q2 FY27, an increase of 27.5 per cent year on year. Operating expenses stood at INR 30.1 billion (USD 37 million), while earnings before interest, taxes, depreciation and amortisation (EBITDA) amounted to INR 26.6 billion (USD 280 million). Net sales in the preceding quarter, Q1 FY27, were INR 52.7 billion (USD 556 million). Explore the production,...
CHALCO shares jump over 4% as Q3 profit rises 66% to $1.88b; UBS, Citi retain Buy ratings
Aluminum Corporation of China Limited (CHALCO) reported a sharp increase in profitability in the third quarter of 2026, supported by cost controls and stable margins at its Yunnan aluminium operations. However, the company's alumina business continued to face pressure from higher bauxite and freight costs, highlighting the contrasting performance of its two major product segments. According to CHALCO's third-quarter report released on October 29, 2026, total profit increased 66.08 per cent year on year to RMB 12.50 billion (USD 1.88 billion) in Q3 2026, compared with RMB 7.53 billion (USD 1.13 billion) in the corresponding quarter of 2025. Net profit attributable to shareholders of the listed company rose 59.10 per cent to RMB 6.04 billion (USD 909 million), against RMB 3.80 billion (USD...
No need to import: PrimeAlux aluminum fencing gets a local US distributor
Canadian aluminum fencing supplier PrimeAlux has appointed Shapes Unlimited, Inc. as its authorised US distributor, giving American contractors, fence dealers and builders a local channel to access its aluminum fence panels, gates and privacy screens. Headquartered in Mississauga, Ontario, PrimeAlux said Shapes Unlimited, based in North Jackson, Ohio, will manage pricing, orders and customer support for its products across the US. The arrangement allows buyers to source the company's aluminum fencing systems through a domestic distributor rather than importing them independently. Shapes Unlimited is a privately held fabricator and wholesale distributor of aluminum building products that has served the trade since 1996. Under the agreement, the company will make PrimeAlux's product range...
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North and South America’s 5xxx aluminium FRP consumption: Growth drivers and market challenges to 2032
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Vedanta eyes $50 billion in revenue and $20 billion in profit; focus is on West Bengal for power generation and aluminium
50 billion in revenue and 20 billion in profit is what Vedanta Group is looking forward to over the next two years, said the Founder & Chairman, Mr Anil Agarwal, during an Exclusive Interactive Session organised by the Indian Chamber of Commerce (ICC) at Taj Bengal, Kolkata on October 28, 2026. While he sees India as a powerhouse of metals and minerals, his attention is caught by West Bengal, located in the Eastern part of India. Mr Agarwal believes the future of Bengal looks bright, as the state has a strategic geographical location with major mining states like Jharkhand and Odisha as its neighbours. By directing high hopes for Bengal and praising the double engine government, Agarwal expressed his willingness to invest in the state in sectors like mining, minerals and power. He also...
Alumina prices fall 22% to $321/t: Nanshan Aluminium flags a volatile 2026 market
Nanshan Aluminium International Holdings has reported that overseas alumina prices averaged around USD 321 per tonne in the first nine months of 2026, down approximately 22 per cent year-on-year. The update highlights a third-quarter (Q3) price recovery following a subdued first half, supported by new overseas aluminium smelting capacity and supply constraints at some alumina refineries. The update centres around the unaudited nine-month results of Nanshan Aluminium International’s controlling shareholder, Shandong Nanshan Aluminium Co., Ltd., for the nine-month period ended September 30, 2026. 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 "...
Copper’s $16,000 target contrasts with a cautious aluminium outlook, says Navneet Damani
Copper could climb towards USD 16,000 per tonne over the next six to 12 months, while aluminium may offer a shorter-term trading opportunity following its recent correction, according to Navneet Damani, senior group vice-president and head of research for commodities and currency. Speaking on BusinessLine’s Trending Commodity Picks programme, Damani said copper continued to benefit from supply constraints and demand from emerging industries, while aluminium’s price trajectory had been influenced by fluctuations in energy costs and changing supply conditions. Damani said aluminium had climbed from around USD 3,100 to USD 3,600 per tonne earlier in 2026, supported by increases in electricity, crude oil and coal prices. The metal subsequently corrected towards USD 3,300 per tonne, although...
Vedanta eyes $50 billion in revenue and $20 billion in profit; focus is on West Bengal for power generation and aluminium
50 billion in revenue and 20 billion in profit is what Vedanta Group is looking forward to over the next two years, said the Founder & Chairman, Mr Anil Agarwal, during an Exclusive Interactive Session organised by the Indian Chamber of Commerce (ICC) at Taj Bengal, Kolkata on October 28, 2026. While he sees India as a powerhouse of metals and minerals, his attention is caught by West Bengal, located in the Eastern part of India. Mr Agarwal believes the future of Bengal looks bright, as the state has a strategic geographical location with major mining states like Jharkhand and Odisha as its neighbours. By directing high hopes for Bengal and praising the double engine government, Agarwal expressed his willingness to invest in the state in sectors like mining, minerals and power. He also...
Alumina prices fall 22% to $321/t: Nanshan Aluminium flags a volatile 2026 market
Nanshan Aluminium International Holdings has reported that overseas alumina prices averaged around USD 321 per tonne in the first nine months of 2026, down approximately 22 per cent year-on-year. The update highlights a third-quarter (Q3) price recovery following a subdued first half, supported by new overseas aluminium smelting capacity and supply constraints at some alumina refineries. The update centres around the unaudited nine-month results of Nanshan Aluminium International’s controlling shareholder, Shandong Nanshan Aluminium Co., Ltd., for the nine-month period ended September 30, 2026. 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 "...
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