In a major move to strengthen its industrial base and cut reliance on imports, Uzbekistan has secured support from the International Finance Corporation (IFC) for its first greenfield aluminium can production facility, a strategic investment that could reshape the nation’s packaging landscape and ...
Australia’s bauxite story doesn’t shout for attention. It is not driven by sharp swings or sudden shifts, but by gradual adjustments across production, trade, and domestic use. Recent data shows output easing, exports rebalancing across markets, and a large share of material staying within the cou ...
During January 23-29, alumina prices held largely stable but continued to be soft. Mysteel's price assessment showed that the national spot price for metallurgical-grade alumina edged down by 0.3 per cent on a weekly basis to average RMB 2,648 per tonne (USD 381 per tonne) as of January 29. The pa ...
Under the Ministry of Mines and one of India’s leading alumina and aluminium producers and exporters, National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise, reported the quarterly net profit, which is deemed to be the highest in its history. Q3 FY26, ending with D ...
Futures: During the night session on January 30, the most-traded SHFE aluminium 2603 contract opened at RMB 24,365 per tonne, reached a high of RMB 24,720 per tonne, touched a low of RMB 24,240 per tonne, and finally closed at RMB 24,600 per tonne, up RMB 40 per tonne or 0.16 per cent from the pre ...
This week, the comprehensive operating rate for aluminium processing recorded 59.4 per cent, down 1.5 percentage points W-o-W, overall exhibiting the characteristics of "accelerated seasonal decline and deepening high-price suppression effects." Operating rates across most segments declined, indic ...
A prominent player in the sustainable energy sector, Atlas Renewable Energy, announced a new power purchase agreement (PPA) with a significant energy trading company in Colombia. With this deal, the development of the El Campano Solar Plant in the northern part of Colombia gets the nudge to procee ...
London Metal Exchange aluminium prices weakened across most contracts on February 2, a trend following the previous session. Meanwhile, exchange inventories made a soft recovery.
The LME aluminium cash bid price continued to slip, reaching USD 3,041 per tonne on February 2 from USD 3,109 per ton ...
The European Commission’s proposed extension of the Carbon Border Adjustment Mechanism (CBAM) has gained the support of Metal Packaging Europe (MPE), advocating fairer carbon pricing in line with broader climate objectives and decisive action to address emissions across supply chains.
To know mo ...
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