Aluminium Supply Chain
Asian aluminium premium slips to $202/t as MJP Q4 offers fall to $245–260
Asian aluminium premiums are facing more pressure ahead of Q4 talks. CRU’s Asia CIF aluminium premium is now USD 202 per tonne, well below the USD 395 per tonne Main Japanese Port (MJP) Q3 benchmark. MJP Q4 offers have also dropped sharply. They fell from USD 325 per tonne in early September to USD 245–260 per tonne as the new quarter approaches. This shows weaker sentiment in the market. Aluminium premiums are under pressure across Asia, especially in Korea, Malaysia and Taiwan. These markets are more exposed to spot price changes, so premiums can move quickly when supply or demand changes. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook " Premiums...
Press Metal profit jumps 51% as Middle East aluminium curtailments lift the premiums
Southeast Asia’s largest integrated aluminium producer extended its record earnings run as higher aluminium prices, regional premiums and Middle East supply disruptions supported performance. Press Metal Aluminium Holdings Bhd has extended its record earnings streak into 2026, with the Southeast Asian aluminium producer posting a 51 per cent year-on-year increase in net profit to MYR 1.43 billion (USD 350.78 million) in 1HFY2026. The company had already delivered back-to-back record profits in FY2024 and FY2025, supported by higher aluminium prices, increased sales volumes and a more favourable cost environment. Its latest performance comes as the global aluminium market remains tight, with RHB Research expecting a deficit of around 900,000 to one million tonnes in 2026. Press Metal’s...
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15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
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15th International Bauxite, Alumina & Aluminium Conference & Exhibition - IBAAS–VFMSTA 2026
ALUMINIUM Arabia 2026
ICSOBA 2026 - 44th International Conference and Exhibition
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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.
LEARN MOREGermany’s aluminium FRP consumption reaches 1.68 Mt as 2025 trade surplus tops $3.1 billion
AL Circle Analysis: Europe’s aluminium scrap curbs, India’s risk and US’s supply opportunity
German downstream aluminium exports fall 13% in H1 2026 but US enters top 5 with 228.1% import surge
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News
After three years of being offline, Slovalco's aluminium smelters are firing up again
Slovalco has begun restarting its Žiar nad Hronom smelter after more than three years offline, with 75,000 tonnes of annual primary aluminium capacity targeted by February 2027. Slovalco has begun the gradual restart of its primary aluminium smelter in Žiar nad Hronom, Slovakia, bringing production back after the plant's remaining furnaces were shut down in early 2023 amid high electricity prices and insufficient compensation for energy-intensive industry. The first pots have already been restarted, with 100 of the smelter's 226 electrolytic pots expected to be operating by the end of February 2027. That first phase will restore approximately 75,000 tonnes per year of primary aluminium capacity, compared with the plant's total capacity of about 175,000 tonnes per year. The restart is...
Maaden secures $1b in oversubscribed financing as Saudi mining push accelerates
Saudi Arabian Mining Co. (Maaden) has secured USD 1 billion in inaugural international syndicated credit facilities, with strong demand from global lenders highlighting confidence in the company's expansion strategy and Saudi Arabia's broader mining ambitions. Maaden has secured USD 1 billion in international credit facilities as the Saudi mining giant looks to expand its operations and capture opportunities created by the Kingdom's rapidly developing mining sector. The financing was significantly oversubscribed, attracting participation from leading international banks across the US, Canada, Europe, China and Japan. The strong demand gives Maaden broader access to international sources of capital while signalling lender confidence in the company's financial position, strategic direction...
The US needs more aluminium, but new smelters are years away
The US urgently needs more aluminium for its defence sector, but new smelters will take years to come online, while disruptions to high-purity aluminium imports have exposed a more immediate supply vulnerability. The United States is facing a growing aluminium supply challenge that is becoming increasingly important for its defence sector, as rebuilding domestic production capacity remains a long-term process and overseas supply disruptions threaten access to specialised metal. President Donald Trump recently said the US “desperately” needs more aluminium, highlighting the urgency facing a market that remains heavily dependent on imports despite efforts to revive domestic production. One of the most prominent new projects is the planned aluminium smelter in Inola, Oklahoma, a joint...
Century Aluminum stock jumps to $45.89, but GuruFocus flags 97% overvaluation
Century Aluminum shares rose 4.4 per cent to USD 45.89 on August 27, extending a strong 2026 rally, but GuruFocus' GF Value model puts the stock's estimated intrinsic value at just USD 23.25. Century Aluminum Co's stock is moving in two very different directions depending on which metric you look at. On August 27, shares of the US aluminium producer gained 4.4 per cent to USD 45.89, putting the stock up 17.1 per cent year to date and an impressive 102.2 per cent over the past year. Yet, despite the strong momentum, GuruFocus' valuation model considers Century Aluminum considerably overvalued at its current price. The platform's GF Value stands at USD 23.25, compared with the stock's USD 45.89 price. That represents a 97.4 per cent premium to its estimated GF Value, highlighting the gap...
Vedanta Aluminium shares rise as the group denies stake-sale speculation
Vedanta Aluminium shares gained 3.32 per cent after Vedanta Resources denied speculation that it planned to sell its stake in the aluminium business, while brokerages maintained bullish views on the stock. Vedanta Aluminium came into focus after its parent, Vedanta Resources, dismissed reports and market speculation about a possible stake sale in the company. The clarification also covered Vedanta Limited and other group businesses, including Vedanta Oil and Gas, Vedanta Power and Vedanta Iron & Steel. Vedanta Resources said it has no plans to sell its stake in any of these companies and remains focused on growth and value creation. The development came as both Vedanta Aluminium and Vedanta Limited recorded gains on the BSE on Wednesday. Vedanta Aluminium shares gain after stake-sale...
Press Metal’s Q2 profit rises 42% as aluminium market boosts earnings
Press Metal Aluminium Holdings Berhad reported a 42 per cent increase in core profit after tax and minority interest for the second quarter of FY2026, as higher realised aluminium prices and lower alumina costs supported earnings growth. Core PATAMI, excluding a one-off associate-related gain, reached MYR 685.58 million (USD 170 million) for the three months ended June 30. Reported PATAMI rose 66 per cent year on year to a record MYR 801 million (USD 198.62 million), while revenue increased 12 per cent to MYR 4.69 billion (USD 1.16 billion). Higher metal prices support revenue The Malaysian aluminium producer said revenue increased from MYR 4.19 billion (USD 1.04 billion) in the corresponding quarter a year earlier, largely due to higher realised metal prices. Profit before tax climbed...
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