News

Top Stories

Vedanta Aluminium shares could rise 31% as Kotak Neo sees tighter aluminium market supporting earnings
Primary AL

Vedanta Aluminium shares could rise 31% as Kotak Neo sees tighter aluminium market supporting earnings

Vedanta Aluminium could see a 31 per cent upside from its current market price, with Kotak Neo retaining a ‘Buy’ rating and a price target of INR 540 as it expects a firm aluminium market to support the company's earnings growth. The research house expects global aluminium markets to remain tight through calendar year 2028, with project execution challenges potentially limiting the pace of new supply from Indonesia. It said the market may be underestimating the durability of the aluminium upcycle and Vedanta Aluminium's earnings growth potential. Vedanta Aluminium Metal shares were trading 3.02 per cent higher at INR 416.50 on Friday, September 18, 2026, compared with the previous close of approximately INR 404.30. The stock has declined around 8 per cent over the past month. At INR...

Bauxite

Strategic Bauxite advances Guyana mine expansion with US-backed $150m investment

US-based Strategic Bauxite Inc. is preparing to expand its refractory-grade bauxite operations in Guyana after acquiring Guyana-based First Bauxite LLC in July. The company’s plans were discussed during a recent meeting between US Ambassador to Guyana Nicole Theriot and Strategic Bauxite executives. The proposed investment is expected to expand mining and processing capacity in the country while strengthening the supply of refractory-grade bauxite. The expansion is backed by USD 85.5 million in US government equity funding through the Industrial Base Analysis and Sustainment (IBAS) programme, alongside USD 64.5 million in private-sector co-investment. Guyana mine and calcination capacity to expand According to the US Embassy, the combined USD 150 million investment will support an...


Grow with
AL Circle

KNOW MORE
German aluminium extrusion technology advances with Günther Wensing, H+H Herrmann + Hieber & Kind & Co. - discover the key technologies
Downstream18 SEPT 2026

German aluminium extrusion technology advances with Günther Wensing, H+H Herrmann + Hieber & Kind & Co. - discover the key technologies

Germany has long been one of Europe’s key markets for aluminium extrusions. Germany’s aluminium extrusion market was valued at USD 3,787.5 million in 2025 and is projected to grow at a 5.8 per cent CAGR through 2030, according to various industry sources. A large share of the Germany’s aluminium extrusion demand comes from the automotive, construction and machinery sectors. While automotive applications include EV components, chassis parts and structural assemblies, construction demand is supported by renovation and infrastructure projects, particularly for energy-efficient windows and façades. Machinery and industrial applications further broaden the market for extruded aluminium. As demand evolves, extrusion plants are also looking for more efficient ways to produce and move profiles....

Alba runs at 1.3 mtpa as Bahrain smelter navigates Middle East disruptions
Primary AL18 SEPT 2026

Alba runs at 1.3 mtpa as Bahrain smelter navigates Middle East disruptions

Aluminium Bahrain (Alba) is currently producing aluminium at an annualised rate of around 1.3 million tonnes, with the smelter operating at roughly 80 per cent of its pre-Iran war capacity, according to CEO Ali Al Baqali. Alba had a pre-war capacity of around 1.6 million tonnes per year, but production was disrupted after the outbreak of the war and restrictions around the Strait of Hormuz affected exports. The smelter was also hit by an Iranian attack in late March. The Bahrain-based producer is now operating Lines 4, 5 and 6, together representing annualised aluminium production of approximately 1.3 million tonnes, Al Baqali told Reuters on the sidelines of the Fastmarkets Aluminium Conference in Budapest on September 16. Al Baqali described the damage from the Iranian strike as minor...

Beyond the smelter: Companies powering the US aluminum industry’s rebuild
Primary AL18 SEPT 2026

Beyond the smelter: Companies powering the US aluminum industry’s rebuild

For the past two decades, the US aluminium industry has been treading through a volatile path, with a domestic primary aluminium sector deteriorating at a rapid and alarming rate, and the number of operational smelters falling from around thirty to only four. Primary aluminum output was estimated at 660,000 metric tons in 2025, leaving the country heavily reliant on imports. The situation was compounded by the Section 232 tariffs on aluminum products, further blocking the inbound trade. The rebuilding of domestic capacity, therefore, is not only about restarting or constructing smelters. It also depends on the infrastructure and technology needed to transform molten aluminum into usable products, maintain ageing electrolysis assets, process scrap efficiently, and improve metal quality....

Ducati Desmo450 SM pairs aluminium frame with 63.5hp racing performance
End User18 SEPT 2026

Ducati Desmo450 SM pairs aluminium frame with 63.5hp racing performance

Ducati has unveiled the Desmo450 SM, a new production supermoto developed from its Desmo450 MX platform, featuring an aluminium twin-spar frame. This is designed to combine low weight, rigidity and strength. The motorcycle made its debut during World Ducati Week and is aimed at competition use. The Desmo450 SM uses the same aluminium frame architecture as the motocross model. Ducati says the frame has also been designed to allow a straighter intake route while maintaining the strength and rigidity needed for high-performance riding. The bike has a fuel capacity of 7.2 litres. The company has also focused on reducing weight in other areas. Its Bartubeless wheel system, for example, removes inner tubes and cuts rotating and unsprung mass by 1.2kg. The motorcycle also features a cast...

China aluminium market stays supported as inventories fall and prices gain nearly 8%
Primary AL18 SEPT 2026

China aluminium market stays supported as inventories fall and prices gain nearly 8%

China’s domestic aluminium inventories declined, giving some support to aluminium prices. However, China’s aluminium production remained high, while a new alumina project in Guangxi entered trial production and is expected to add to future supply. For aluminium, the fall in domestic inventories is a positive factor for prices. However, the supply picture remains mixed, as China’s aluminium production reached a record 4 million tonnes in August, according to the National Bureau of Statistics. Output was 4.7 per cent higher year on year, while production during January-August reached around 31 million tonnes, up 3.9 per cent from the same period last year. At the current pace, annual production could reach around 47 million tonnes, above the country’s long-standing 45-million-tonne...

LME aluminium cash falls to $3,302.50 as Asian reference price climbs nearly 1%
Primary AL18 SEPT 2026

LME aluminium cash falls to $3,302.50 as Asian reference price climbs nearly 1%

London Metal Exchange (LME) aluminium prices edged lower on September 17, with cash and three-month contracts declining from the previous session. Dec-27 prices moved slightly higher, while the Asian reference price gained nearly 1 per cent. Opening stocks and live warrants remained unchanged, while cancelled warrants declined. The LME aluminium cash bid price fell 0.21 per cent to USD 3,302.50 per tonne on September 17 from USD 3,310 per tonne , while the cash offer price declined 0.20 per cent to USD 3,303.50 per tonne from USD 3,310 per tonne. The three-month aluminium bid and offer prices both fell 0.12 per cent. The bid price declined to USD 3,284 per tonne from USD 3,288 per tonne, while the offer price eased to USD 3,285 per tonne from USD 3,289 per tonne. Explore the production,...

Trending News

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...

E-magazines

VIEW ALL