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KPS to sell aluminium extrusion company Metra to Grupa Kęty in $745m deal
Downstream15 SEPT 2026

KPS to sell aluminium extrusion company Metra to Grupa Kęty in $745m deal

Five years after taking control of Metra, KPS Capital Partners is preparing to hand over the aluminium extrusion company to Poland’s Grupa Kęty in a deal valued at EUR 645 million (USD745 million). The transaction, which is expected to close in the first quarter of 2027 pending customary approvals,...

Kibar Americas restarts former Novelis aluminium plant in Fairmont, targets hundreds of jobs
Downstream15 SEPT 2026

Kibar Americas restarts former Novelis aluminium plant in Fairmont, targets hundreds of jobs

Kibar Americas has begun production at the former Novelis aluminium plant in Fairmont, marking the facility’s return to operation more than a year after its sudden closure resulted in the loss of more than 180 jobs. The reopening was marked by a ribbon-cutting ceremony attended by local leaders and...

$58m expansion strengthens Tampa Brass & Aluminum’s defence manufacturing
Downstream15 SEPT 2026

$58m expansion strengthens Tampa Brass & Aluminum’s defence manufacturing

Tampa Brass & Aluminum is putting USD 58 million into its Hillsborough County facility following a series of new military contracts. The investment in machinery and equipment will also bring 50 new jobs to the area. The company manufactures components for the US Air Force and US Navy, handling...

Inola aluminium smelter timeline stretches to April 2027 after new moratorium, US capacity push continues
Primary AL15 SEPT 2026

Inola aluminium smelter timeline stretches to April 2027 after new moratorium, US capacity push continues

The proposed USD 4 billion aluminium smelter in Inola, Oklahoma, has entered another review phase as the US continues efforts to strengthen domestic aluminium production. Inola town trustees have unanimously extended the moratorium on the project through April 7, 2027, giving the proposed...

$450m in additional annual Capex as Alcoa’s South32 deal expected to improve aluminium cost competitiveness
Bauxite15 SEPT 2026

$450m in additional annual Capex as Alcoa’s South32 deal expected to improve aluminium cost competitiveness

Alcoa’s proposed acquisition of South32’s assets is expected to improve its position on the aluminium industry cost curve while expanding its operations across bauxite, alumina and aluminium. The transaction includes a bauxite mine and alumina refinery in Western Australia, located next to Alcoa’s...

US Treasury yields rise, pressuring aluminium prices to consolidate at highs amid mixed signals
Primary AL15 SEPT 2026

US Treasury yields rise, pressuring aluminium prices to consolidate at highs amid mixed signals

Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,990 per tonne, down RMB 15 from yesterday's settlement price, a decline of 0.06 per cent. It opened at RMB 23,995 per tonne during the day and fluctuated within a range of RMB 23,950-24,055 per tonne. Prices traded below the MA5...

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