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Top Stories
Alcoa shares drop 30% as aluminium market cools on Middle East supply hopes
Primary AL
Alcoa shares (ASX: AAI) have come under pressure, dropping 30 per cent over the past three weeks as aluminium prices softened on expectations that supply disruptions owing to the Middle East conflict may gradually ease. On Tuesday, Alcoa's Australian-listed shares fell 4.17 per cent to close at AUD 80.42 (USD 55.48), wiping out the gains reported earlier in 2026. The decline remained at par with another weak session for aluminium on the London Metal Exchange (LME), whereby the aluminium cash ...
China alumina trade normalises after April's Middle East-driven surge, but sanctions reshape export map
Alumina
Based on data released by the General Administration of Customs of the People's Republic of China (GACC), China imported 438,500 tonnes of alumina in May 2026, marking a month-on-month decrease of 28.11 per cent but a staggering year-on-year surge of 549.63 per cent. Exports for the month stood at 283,300 tonnes, down 45.19 per cent from the previous month but up 36.33 per cent compared to the same period last year. Consequently, the net import volume reached 155,200 tonnes, representing a sh ...

Alumina
Every aluminium smelter depends on a steady supply of alumina, and securing that supply begins at refineries such as Guangxi Huayin in southern China. Operated by Aluminum Corporation of China (Chalco), the facility converts imported and domestic bauxite into smelter-grade alumina, supplying both the company's own smelting network and external customers along the southern Chinese coast. For most buyers, the end product is simply a white powder arriving in bulk shipments. Behind that powder, h ...
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Steel out, aluminium in: KUBO reshapes production footprint for next growth phase
Downstream
24 Jun 2026
Dutch greenhouse technology specialist KUBO has announced a new course of action, planning to outsource steel production activities of KUBO Productive B.V. The company confirmed that steel production at its Monster facility will cease on September 1, 2026, while aluminium manufacturing will continue to remain in-house. The initiative suggests KUBO's aim to attain innovation-driven growth, focusing on areas where it sees the greatest long-term value creation, including innovation, engineering, ...
Domestic and international aluminium prices weakened in tandem, geopolitical tensions eased, aluminium prices under pressure overall
Primary AL
24 Jun 2026
Futures: The most-traded SHFE aluminium 2608 contract closed at RMB 23,425 per tonne, down 1.47 per cent. Prices traded below the MA5 (23,816.00), MA10 (23,952.00), MA30 (24,322.33), and MA60 (24,563.33) moving averages. The short- to medium-term moving averages were in a bearish alignment and pressing lower, with the overall structure notably in the doldrums and each of the moving averages above providing clear resistance. The MACD DIF (-229.8268) was below the DEA (-166.5078), with the MACD ...
LME aluminium cash price drops 4.16% to a three-month low of $3,263.5/t as Gulf supply concerns ease
Primary AL
24 Jun 2026
Aluminium prices on the London Metal Exchange (LME) fell sharply on June 23, reaching their lowest level in nearly three months after the United States granted Iran a 60-day sanctions waiver following preliminary peace talks. The development improved expectations for the resumption of trade flows through the Strait of Hormuz, easing concerns over supply disruptions that had previously supported aluminium prices. The LME aluminium cash bid price declined to USD 3,263 per tonne on June 23 from ...
Canada to the world: Q1’26 aluminium export declines by 20%
Primary AL
24 Jun 2026
The unwrought aluminium export graph of Canada to the world follows a significant year-on-year declining streak. The cumulative exports in the first quarter (Q1) of 2026 amounted to 579,279.8 tonnes, valued at USD 1.95 billion. Q1 volume comparison: 2026, 2025, 2024 Comparing quarterly volumes, the Q1 2026 export figure reflects a Y-o-Y decline of 19.7 per cent from 721,400.36 tonnes shipped in Q1 2025. Again, the Q1 2025 volume slipped from that of Q1 2024, which totalled 779,517.6 tonnes. ...
CANPACK secures place on CDP Supplier Engagement Assessment A-List 2025 for climate-focused efforts
End User
24 Jun 2026
CANPACK made the CDP Supplier Engagement Assessment (SEA) A-List 2025 for its work with suppliers on climate issues and cutting emissions.  The annual assessment scores how companies work with suppliers on climate change, covering governance, strategy, supplier engagement, Scope 3 emissions and climate targets. An "A" rating means the company performs strongly in managing supplier relationships and embedding sustainability into procurement.  The recognition highlights CANPACK’s efforts to ad ...
Woodside to supply natural gas to Alcoa’s Western Australia alumina refineries till 2030
Sustainability
24 Jun 2026
Woodside Energy has signed a new gas sale and purchase agreement with Alcoa of Australia to supply 31.1 petajoules of natural gas from its Western Australian operations between 2027 and 2030. The agreement will provide gas to Alcoa’s alumina refineries in Western Australia, helping secure energy supply for one of the state’s major industrial sectors. Alumina produced at these refineries is the key raw material used in aluminium production. Woodside said the deal strengthens its long-standing ...
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