Alcoa

Global aluminium industry gears up for ALUMINIUM 2026 in Düsseldorf with focus on recycling, innovation and demand
02 OCT 20266MINS

Global aluminium industry gears up for ALUMINIUM 2026 in Düsseldorf with focus on recycling, innovation and demand

Four days to go, and the aluminium world is getting ready to move to Düsseldorf. From October 6-8, the city will host ALUMINIUM 2026 , with more than 800 exhibitors and partners and over 21,000 trade visitors expected at Messe Düsseldorf. The event will bring together producers, recyclers, downstream manufacturers, technology providers, equipment suppliers, policymakers and end users from across the global aluminium value chain. The 2026 edition comes at an important point for the aluminium industry. European producers are facing pressure from energy costs, international competition and tighter climate requirements, while concerns around raw material security and resilient supply chains continue to grow. At the same time, demand for aluminium is expanding across electric mobility,...

01 OCT 20264MINS

Aluminium falls 0.73% in India as supply recovery, China exports and stronger dollar pressure prices

Aluminium prices came under renewed pressure on October 1 as expectations of improving supply, stronger Chinese exports and a firmer USD weighed on the market. Aluminium settled 0.73 per cent lower at INR 340.65, while expectations of tighter US monetary policy added to the broader macroeconomic pressure. The decline comes as several aluminium smelters prepare to restart previously idled capacity, while others move ahead with expansion plans. These developments are raising expectations that global aluminium availability could improve in the coming months. China exports add to supply pressure China is emerging as another important factor for the aluminium market. Rising exports are partly offsetting supply disruptions in the Gulf, with August aluminium exports increasing 17.2 per cent...


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AL Circle Analysis: Bauxite developments, alumina trade & primary aluminium market dynamics across Australia, Guinea, US & India
Alumina26 SEPT 2026

AL Circle Analysis: Bauxite developments, alumina trade & primary aluminium market dynamics across Australia, Guinea, US & India

The aluminium industry is entering another phase of supply-chain repositioning. Across bauxite, alumina and primary aluminium, companies are investing in new resources, consolidating strategic assets and expanding processing capacity, while governments are increasingly treating domestic supply as a strategic priority. The latest developments from Australia, Guyana, Guinea, Indonesia, the US and India point to a market where resource security, processing location and control over supply chains are becoming as important as production growth. At the same time, new trading mechanisms and changing investment patterns are beginning to influence how aluminium and its raw materials reach the market. Bauxite supply expands, but securing the right tonnes is becoming harder In Western Australia, VBX...

Alcoa secures $2.6b debt financing for proposed acquisition of South32’s bauxite, alumina and aluminium assets
Bauxite24 SEPT 2026

Alcoa secures $2.6b debt financing for proposed acquisition of South32’s bauxite, alumina and aluminium assets

Alcoa Corporation has completed a USD 2.6 billion senior notes offering, securing permanent debt financing for the cash component of its proposed acquisition of South32’s bauxite, alumina and aluminium assets. The offering, which closed on September 23, comprises USD 1.5 billion of 6.63 per cent senior notes due 2034 issued by Alumina Pty Ltd and USD 1.1 billion of 6.88 per cent senior notes due 2036 issued by Alcoa Nederland Holding B.V. Both issuers are wholly owned subsidiaries of Alcoa, while the notes are guaranteed on a senior unsecured basis by Alcoa and certain of its subsidiaries. USD 2.6 billion debt backs cash consideration Alcoa intends to combine the net proceeds from the notes with cash on hand to finance the approximately USD 3.1 billion cash portion of the consideration...

Alcoa advances 10-year gas supply deal with USD 1.5m Equus funding in Western Australia
SupplementAL17 SEPT 2026

Alcoa advances 10-year gas supply deal with USD 1.5m Equus funding in Western Australia

Alcoa has approved USD 1.5 million in funding for Equus Energy’s gas project in Western Australia, allowing the company to move into the second phase of development and begin work to secure key project partners. The funding will support partnering activities as Equus seeks operating, LNG offtake, infrastructure and financing partners needed to advance the project toward front-end engineering design (FEED) and a final investment decision (FID). The Stage Two approval follows Alcoa’s acceptance of the project’s Stage One pre-FEED deliverables. It also comes after Equus signed a binding 10-year gas sales agreement with Alcoa in August. Equus said it has already started discussions with several strategic operating partners, which are reviewing the findings from the pre-FEED work. To learn...

From Oklahoma to Quebec: Inside North America’s million-dollar aluminium buildout
Sustainability15 SEPT 2026

From Oklahoma to Quebec: Inside North America’s million-dollar aluminium buildout

North America’s aluminium industry is entering a new era in 2026. As the US races to rebuild primary smelting capacity from near-zero, Canada pairs expansion with low-carbon innovation and recycling. From a USD 4 billion Oklahoma smelter to Quebec’s newly commissioned AP60 plant, here’s how each nation’s projects stack up. The US: Rebuilding primary aluminium capacity The biggest project is the Century Aluminum-Emirates Global Aluminium (EGA) joint venture of a 750,000-tonne-per-year primary aluminium smelter planned in Inola, Oklahoma. Announced in January, the investment of around USD 4 billion would become the first new US primary aluminium smelter in almost 50 years and more than double current domestic primary production. The US is also strengthening upstream resilience. The federal...

$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 existing operations. It also covers South32’s minority interests in the Alumar smelter and refinery in Brazil, along with the Hillside aluminium smelter in South Africa. Alcoa Executive Vice President and Chief Financial Officer Molly Beerman said the assets were a strong strategic fit with the company’s existing portfolio. Hillside uses technology already operating at two Alcoa smelters, allowing the company to apply its existing technical and operational expertise to the acquired assets. Alcoa...

Alcoa says Canada tariff cut alone won't bring US aluminium premium down
Primary AL14 SEPT 2026

Alcoa says Canada tariff cut alone won't bring US aluminium premium down

A cut in US tariffs on Canadian aluminium alone is unlikely to bring down the elevated Midwest aluminium premium significantly, according to Alcoa CFO Molly Beerman, as the US still relies on imports from other countries to cover a structural supply gap. Speaking at the Jefferies Global Industrials Conference in New York, Beerman said the US needs to import around 4 million tonnes of aluminium a year, while Canadian suppliers can provide roughly 3 million tonnes. The remaining 1 million tonnes must come from other markets, where tariffs or other trade barriers continue to support higher delivered costs. The Midwest premium, the surcharge US buyers pay above the London Metal Exchange aluminium price for physical metal, currently stands at USD 1.09 per pound (USD 2,403 per tonne). It has...

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