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VBX raises $5m to expand Wuudagu bauxite project DFS as thyssenkrupp offtake deal ends
Bauxite

VBX raises $5m to expand Wuudagu bauxite project DFS as thyssenkrupp offtake deal ends

VBX is reshaping the development strategy for its Wuudagu bauxite project, in Western Australia raising AUD 7 million (USD 5 million) to advance its definitive feasibility study (DFS) while ending an indicative prepayment and offtake deal with thyssenkrupp Materials Trading Asia (TKMTA). The Wuudagu bauxite DFS is now expected to be completed in the first quarter of 2027, later than the previously targeted second half of 2026. VBX said the additional time and funding will allow it to incorporate cost and schedule improvements identified by preferred contractors and potential project partners. The funding package comprises AUD 4.5 million (USD 3.2 million) in firm commitments from new and existing strategic and institutional investors at AUD 0.64 (USD 0.46) per share, along with the...

End User

Real Fencing unveils aluminium fencing website to boost New Zealand presence

Auckland-founded Real Fencing has launched a new national website showcasing its aluminium and timber fencing, installation, repair and gate services across New Zealand. The company operates through local teams in Auckland, Wellington, Christchurch, Hamilton, Tauranga, Dunedin and other service areas. The new platform brings together dedicated regional pages for homeowners looking to install a new fence, replace an existing boundary or arrange repairs. Customers can also request a free written fencing quote in about a minute, with Real Fencing aiming to respond within four hours. To know the aluminium casting demand forecast in the construction sector, explore our report “ Global Aluminium Casting Market 2026-2032: Plant Economics, Alloy Segmentation, Pricing Intelligence, Supply Chain...


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LME aluminium cash offer price falls 0.63% to $3,242/t as opening stocks decline to 242,200t
Primary AL23 SEPT 2026

LME aluminium cash offer price falls 0.63% to $3,242/t as opening stocks decline to 242,200t

LME aluminium prices softened on September 22, with the cash and three-month contracts declining from the previous trading session, while LME aluminium opening stocks also edged lower on September 23. On September 22, the LME aluminium cash bid price stood at USD 3,240 per tonne, down 0.66 per cent from USD 3,261.5 per tonne on September 21. The cash offer price was USD 3,242 per tonne , down 0.63 per cent from USD 3,262.5 per tonne. The LME aluminium 3-month bid price stood at USD 3,263.5 per tonne on September 22, compared with USD 3,272.5 per tonne on September 21, representing a decline of 0.28 per cent. The 3-month offer price fell 0.27 per cent to USD 3,264 per tonne from USD 3,273 per tonne. Explore the production, demand and consumption forecasts of bauxite and alumina in our...

Ex-China operating capacity rises, aluminium prices continue to consolidate at highs
Primary AL23 SEPT 2026

Ex-China operating capacity rises, aluminium prices continue to consolidate at highs

SHFE aluminium closed at RMB 24,245 per tonne, edging up 0.02 per cent. The price stood above the MA10 (24,236) but was capped by the MA5 (24,386), still well above the MA30 (24,084) and MA60 (23,729.92). The medium-term bullish structure remained intact, while short-term moving average resistance was evident. On the MACD indicator, DIF stood at 102.44 and DEA at 125.85, with the high-level death cross persisting. The green bar narrowed to -46.80 (previous day -50.36), indicating slightly weakening bearish momentum. Trading volume shrank to 52,300 lots, reflecting a strong wait-and-see sentiment in the market. The suggested core trading range for SHFE aluminium is 24,000-24,600. LME aluminium closed at USD 3,266 per tonne, up 0.21 per cent. The price was slightly below the MA5 (3,275.6)...

German-made aluminium dome set up for 72nd National Film Awards in Gujarat
End User23 SEPT 2026

German-made aluminium dome set up for 72nd National Film Awards in Gujarat

A German-engineered aluminium dome has been set up at Ekta Nagar in Gujarat as part of preparations for the 72nd National Film Awards, with the prestigious ceremony being held outside New Delhi for the first time. The temporary high-tech structure has been installed in the Bus Bay area near the Statue of Unity and will provide a climate-controlled venue for around 1,000 guests attending the national ceremony. The Ministry of Information and Broadcasting said the dome is part of a specially created venue with the 182-metre Statue of Unity as its backdrop. More than 500 technicians, craftsmen and workers have been involved in building and preparing the venue, with work continuing in shifts ahead of the ceremony. To know the aluminium casting demand forecast in the construction sector,...

China bauxite shipments, arrivals slip on high freight and Guinea rains; term supply, port stocks stay high
Bauxite23 SEPT 2026

China bauxite shipments, arrivals slip on high freight and Guinea rains; term supply, port stocks stay high

Last week, domestic ore prices remained stable with no fluctuations. In Henan Province, mine renovation is nearly complete, and ground preparation work ahead of commencement will be carried out this week. Meanwhile, supplies of some domestic ore will be auctioned, though winning bid prices have not yet been announced. According to Mysteel's research, a few ores with an alumina content exceeding 70 per cent fetched winning bids of over RMB 1,000 per tonne. In terms of imported ore, persistently high ocean freight rates continue to squeeze spot shipments from Guinea, resulting in a relatively quiet spot market over the past week. Mines and traders have rarely offered cargoes, and quoted prices show a slight upward trend. According to Mysteel's research, a medium-sized mine in the Boffa...

Lanka Aluminium Industries expands retail network with 10th outlet in Kalutara
Downstream22 SEPT 2026

Lanka Aluminium Industries expands retail network with 10th outlet in Kalutara

Lanka Aluminium Industries PLC has expanded its retail footprint in Sri Lanka with the opening of its 10th fully owned outlet at Central Junction in Nagoda, Kalutara. The new outlet brings the company's aluminium extrusion products and related services closer to customers in and around Kalutara. The opening was attended by Lanka Aluminium Industries staff, contractors, engineers, doctors, fabricators, and other invitees from the area. The company said its growing network is designed to improve customer access not only to aluminium products but also to technical support and related services. Dinal Peiris, Chairman of Lanka Aluminium Industries PLC, said the company plans to continue expanding its retail presence across Sri Lanka. To know the global production, demand and consumption...

Constellium may halt EU aluminium recycling expansion as scrap shortage deepens
Recycled AL22 SEPT 2026

Constellium may halt EU aluminium recycling expansion as scrap shortage deepens

Constellium’s plans to expand aluminium recycling in the European Union could be put on hold if the region fails to secure enough aluminium scrap, with exports to overseas markets contributing to a shortage of raw material for European producers. The company is reviewing aluminium recycling projects across its packaging, automotive and aerospace divisions. CEO Ingrid Joerg told Reuters that the projects could be larger or smaller than the EUR 130 million (USD 148.82 million) recycling expansion at Constellium’s Neuf-Brisach plant in France. “We have several recycling projects in the pipeline that we are investigating. But if there’s no scrap, they’re not going to happen,” Joerg said. EU aluminium scrap policy under scrutiny The availability of aluminium scrap has become a key concern for...

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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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