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Hydro reports $965m Q3 EBITDA on strong aluminium prices and record Norwegian smelter output
Hydro reported higher adjusted earnings in the third quarter of 2026, supported by strong aluminium prices, record liquid metal production from its Norwegian smelters and improved performance in Recycling and Extrusions. Adjusted EBITDA rose to NOK 9 billion (USD 965 million) from NOK 8.92 billion (USD 957 million) in the second quarter, an increase of around 0.9 per cent quarter-on-quarter. Adjusted earnings per share increased to NOK 2.3 (USD 0.25) from NOK 1.0 (USD 0.11) in the third quarter of 2025, a rise of 130 per cent year on year. The company generated free cash flow of NOK 1.4 billion (USD 150 million) during the quarter. Strong adjusted EBITDA was partly offset by higher net operating capital, mainly due to increased metal prices, working capital requirements and prepayments....
AL Circle Analysis: Guinea’s 150Mt bauxite cap, China’s import swings, US tariffs draw aluminium Q4’26
The global aluminium supply chain is facing a series of changes that extend from bauxite mines and alumina refineries to smelters, regional premiums and finished-metal trade. In 2026, the market’s direction is being shaped not only by production volumes but also by freight costs, export restrictions, shifting Chinese demand and tariffs. Developments across Guinea, Australia, China, Europe and North America point to a market where access to supply is increasingly as important as the availability of raw materials. Bauxite supply: Guinea’s cap meets a well-stocked China, but is it stable? Guinea remains central to the seaborne bauxite market, with its shipment connections to China demonstrating the importance of reliable logistics. A new sea-rail route has enabled a Guinea bauxite shipment...
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15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ICSOBA 2026 - 44th International Conference and Exhibition
SMM AICE 2026 Southeast Asia Aluminum Conference
15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ICSOBA 2026 - 44th International Conference and Exhibition
SMM AICE 2026 Southeast Asia Aluminum Conference
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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US aluminium industry highlights importance of domestic smelting capacity for national security
The United States needs a stronger domestic primary aluminium industry to support national security, military equipment and critical infrastructure, according to an economic analysis by Adam Hersh, an economist and research fellow at the University of Massachusetts. Hersh presented the findings at a press event in Washington, D.C. He highlighted the need for domestic production of high-purity aluminium used in military applications. He said the US currently has no operating smelters capable of producing this specialised aluminium, leaving the country reliant on overseas supplies and exposed to possible supply disruptions. The report points to a major change in US aluminium production over the past 25 years. In 2000, the country accounted for around 15 per cent of global aluminium...
Can aluminium make EVs lighter and cheaper? Stellantis study cuts body mass by 41%
Aluminium-intensive vehicle design could reduce electric vehicle (EV) weight, battery requirements and manufacturing complexity, according to a joint theoretical study by Stellantis and Alumobility. Using Stellantis’ STLA Medium platform as its reference, the study found that an optimised aluminium-based architecture could cut total vehicle mass by around 20 per cent and create the potential to reduce battery capacity by 15 per cent while maintaining equivalent range. Presented at EuroCarBody 2026 in Bad Nauheim, Germany, on October 22, the study examined how aluminium could be incorporated across the vehicle structure rather than simply replacing steel components on a like-for-like basis. The concept reduced body-in-white mass - the vehicle’s structural body before components such as...
Queensland bauxite expansion: Rio Tinto project targets 1,300 construction jobs with $1.9bn investment in the Kangwinan bauxite project
Rio Tinto’s planned USD 1.9 billion investment in the Kangwinan bauxite project is expected to support more than 1,300 construction jobs in Queensland, while helping secure the long-term future of its Weipa mining operations as existing sources of production approach the end of their lives. Located on Western Cape York Peninsula, Kangwinan will add 20 million tonnes of annual bauxite production capacity, with first output targeted for 2029 and full production expected by 2032. The project will raise Weipa Operations’ annual capacity to around 44 million tonnes from current production of approximately 38 million tonnes. Construction is scheduled to ramp up in 2027. Beyond the immediate employment boost, the investment is expected to help sustain Rio Tinto’s residentially based workforce of...
Ghana’s bauxite bottleneck: President Mahama courts investors for missing alumina refinery
Ghana is seeking investors to establish an alumina refinery, aiming to close a gap in its bauxite-to-aluminium production chain as the country prepares to phase out raw mineral ore exports by 2030. President John Dramani Mahama has identified the absence of domestic alumina refining as a key obstacle to retaining more value from the country’s mineral resources. Speaking during a panel discussion at the 2026 Financial Times Africa Summit on October 21, Mahama said Ghana could no longer rely on exporting raw materials while importing finished products. The government wants more processing to take place locally, creating jobs and expanding industrial activity. “We cannot continue forever to be the exporter of raw materials to the rest of the world and consumers of finished products,” Mahama...
Germany’s aluminium FRP exports to Poland fall 16% through July 2026
Germany’s aluminium flat-rolled product (FRP) exports to Poland fell 16.3 per cent year on year in January–July 2026, reaching 86,723 tonnes, compared with 103,658 tonnes in the same period of 2025. The volume was also 2.8 per cent lower than the 89,181 tonnes recorded in January–July 2024. However, exports were 2 per cent higher than the 85,018 tonnes shipped during the first seven months of 2023. The decline follows an increase in shipments during the previous two years. Exports rose 16.2 per cent between January–July 2024 and the same period in 2025, while the 2024 volume was 5 per cent higher than in 2023. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " Aluminium FRP exports rose...
Aughinish Alumina dodges proposed EU sanctions as 22nd Russia package takes shape
Aughinish Alumina, the Rusal-owned refinery in County Limerick and one of Ireland’s major industrial employers, remains outside the European Commission’s draft 22nd sanctions package against Russia, although pressure to restrict its alumina exports continues. However, the position could change as the European Commission consults EU member states on the proposed measures. Confidential discussions involving Commission officials and senior diplomats from all 27 member states are expected to take place over the coming weeks to assess support for the proposals and consider possible amendments. Alumina export restrictions remain under consideration The debate centres on Aughinish Alumina’s shipments to Russia, where the raw material is processed into aluminium at smelters owned by Rusal....
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Alcoa to sell Massena East site portion for up to $315 million as data center plans emerge
Alcoa plans to sell part of its idle Massena East industrial site in New York for up to $315 million, marking the first step in its broader effort to generate cash from underused assets by 2030. The agreement comes as the aluminum producer prepares to complete its multibillion-dollar acquisition of South32’s bauxite, alumina and aluminum assets while navigating changing metal prices and higher input costs. The company has reached a definitive agreement with an undisclosed buyer for the Massena East property. The transaction is expected to bring in an initial payment of $50 million to $65 million at closing, which is anticipated within the next six months. The remaining proceeds are expected before the end of the decade, although the agreement allows up to seven years for commissioning....
243% rise in US-bound aluminium scrap: METLEN calls for a more competitive Europe
Europe’s aluminium scrap exports to the US have risen by 243 per cent, highlighting a growing concern over the continent’s access to strategic raw materials as it pursues recycling, decarbonisation and industrial competitiveness. Evangelos Mytilineos, Executive Chairman of METLEN, raised the issue, linking scrap outflows to the broader challenges facing European industry, energy security and strategic autonomy. Aluminium scrap outflows raise industrial concerns Mytilineos referred to the contrasting US tariff treatment of aluminium products, i.e., a 50 per cent tariff on primary aluminium, compared with zero tariff on scrap . With European aluminium scrap exports to the US increasing by 243 per cent, he questioned whether Europe could strengthen its industrial base while allowing valuable...
WEEKLY: China alumina slips again as stocks rise; RMB 2,500-2,620/tonne seen near term
Domestic alumina spot prices edged lower last week, though trading activity picked up modestly. On the supply side, China's operating alumina capacity stood at around 98.9 million tonnes per year recently. One Guangxi refinery with a normal run rate of 2.3 million tonnes per year curtailed another production line, bringing current operating capacity down to 1 million tonnes per year. Separately, a newly commissioned alumina project in Guangxi has begun shipping finished product. The plant started feeding on September 21 and is now in a phase of quality optimisation and ramp-up, targeting full production next month at around 2 million tonnes per year. With industry margins compressing further, higher-cost operators face mounting pressure; coupled with recent weather-related disruptions in...
Alcoa to sell Massena East site portion for up to $315 million as data center plans emerge
Alcoa plans to sell part of its idle Massena East industrial site in New York for up to $315 million, marking the first step in its broader effort to generate cash from underused assets by 2030. The agreement comes as the aluminum producer prepares to complete its multibillion-dollar acquisition of South32’s bauxite, alumina and aluminum assets while navigating changing metal prices and higher input costs. The company has reached a definitive agreement with an undisclosed buyer for the Massena East property. The transaction is expected to bring in an initial payment of $50 million to $65 million at closing, which is anticipated within the next six months. The remaining proceeds are expected before the end of the decade, although the agreement allows up to seven years for commissioning....
243% rise in US-bound aluminium scrap: METLEN calls for a more competitive Europe
Europe’s aluminium scrap exports to the US have risen by 243 per cent, highlighting a growing concern over the continent’s access to strategic raw materials as it pursues recycling, decarbonisation and industrial competitiveness. Evangelos Mytilineos, Executive Chairman of METLEN, raised the issue, linking scrap outflows to the broader challenges facing European industry, energy security and strategic autonomy. Aluminium scrap outflows raise industrial concerns Mytilineos referred to the contrasting US tariff treatment of aluminium products, i.e., a 50 per cent tariff on primary aluminium, compared with zero tariff on scrap . With European aluminium scrap exports to the US increasing by 243 per cent, he questioned whether Europe could strengthen its industrial base while allowing valuable...
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