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Top Stories
Aluminium contracts in India surge past records in future trade
Primary AL
Aluminium prices recorded a historic milestone in the futures market with a consistent upward momentum, reflecting a strengthened buying interest on the back of robust spot demand and tightened supply expectations. On the Multi Commodity Exchange ( MCX), aluminium futures for December surged by I ...
Supreme Court restores arbitral award in BALCO Case, reaffirms limited scope of judicial review
Bauxite
The Supreme Court has set aside the Chhattisgarh High Court’s interference and restored the arbitral award in Ramesh Kumar Jain v. Bharat Aluminium Company Ltd (BALCO) (2025 INSC 1457), reaffirming that courts exercising jurisdiction under Sections 34 and 37 of the Arbitration and Conciliation Act, ...

Alumina
China is moving to slow the rapid build-out of its metals industry, signalling that the next five-year plan will put tighter controls on new copper and alumina capacity. The National Development and Reform Commission (NDRC) said local governments must strengthen feasibility studies for major project ...
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NALCO stocks leading the nonferrous sector with consistent earnings and 38% annual gain
Primary AL26 Dec 2025
National Aluminium Company is in the spotlight for its shares climbed to Rs.299.7 (USD 3.61) on December 26. With this peak, NALCO recorded a 52-week high while being the highest price the stock has recorded till date. The move came despite a subdued broader market tone and underlined the company’s ...
Snowy Hydro steps in as NSW races to replace coal with wind ahead of 2026 decarbonisation goals
Primary AL26 Dec 2025
Snowy Hydro could become the “fairy godmother” in the race for power contracts, investment and credibility as New South Wales prepares to close more coal plants. The pressure point is 2026. By then, NSW needs to find about USD 27 billion to finance several wind projects so coal plants can shut while ...
Beijing keeps rare earths tight despite Trump deal, reviving US supply concerns
SupplementAL25 Dec 2025
Even after President Donald Trump announced a rare earth “truce” with Chinese President Xi Jinping in late October, US companies say the promised relief has yet to materialise on the ground. Market participants report that China is still limiting access to key rare earth inputs needed to build perma ...
Environmental protection-driven production restrictions intensified, coupled with high aluminium prices suppressing demand, the operating rate of downstream aluminium processors weakened to 60.8 per cent
Downstream27 Dec 2025
The weekly operating rate of leading domestic aluminium downstream processing enterprises fell 0.6 percentage points W-o-W to 60.8 per cent. Due to weak orders, environmental protection-related controls, and high aluminium prices, downstream operations further deepened into the off-season. By sector ...
India's solar protectionism against China backfires: Fragile supply chain & rising reliance on chinese cells
End User27 Dec 2025
On December 19, 2025, China's Ministry of Commerce officially confirmed that it had submitted a request for consultations with the World Trade Organization (WTO) regarding India's subsidy measures for photovoltaic (PV) products and tariff measures on information and communication technology products ...
Afghanistan witnesses the first-ever aluminium can manufacturing plant launch
End User27 Dec 2025
On December 25, the foundation stone for Afghanistan’s first aluminium can manufacturing facility was laid in the western province of Herat. It highlighted the government’s encouragement of private-sector development and reduced dependence on imports in key consumer goods sectors, promoting self-suf ...
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