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Top Stories

Downstream Aluminium Market

Maan Aluminium enters power generation with overwhelming shareholder approval
Downstream
Maan Aluminium Limited has secured overwhelming shareholder approval to expand its business into power generation, paving the way for the company to formally include renewable and conventional energy activities within its corporate objectives. Through a postal ballot conducted via remote e-voting, shareholders approved two special resolutions with 99.9976 per cent of votes cast in favour, including an amendment to the company's Memorandum of Association (MOA) and the appointment of a new Inde ...
Nigeria's Aluminium Extrusion Plc shares suspended over delayed financial reporting
Downstream
Trading in the shares of Nigeria-based Aluminium Extrusion Plc has been suspended on the Nigerian Exchange (NGX) after the company failed to submit its audited financial statements for the financial year ended December 31, 2025, within the regulatory deadline. The suspension, which took effect on July 22, 2026, was imposed by NGX Regulation Limited under the Exchange’s Rules for Filing of Accounts and Treatment of Default Filing, following the expiry of the prescribed cure period granted to t ...

Primary AL
Vietnam has taken a major step towards building a self-sufficient aluminium industry after unveiling its first domestically produced primary aluminium ingots, a milestone that completes the country's bauxite-to-aluminium production chain and is expected to reduce aluminium imports by around USD 1.5 billion annually. The first aluminium ingots were unveiled at the Dak Nong Aluminium Smelter in Nhan Co Industrial Park, Lam Dong Province, making it Vietnam's first pilot facility to produce prima ...
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