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Top Stories
Wells Fargo raises Alcoa price target to $68 as Middle East energy risks ease
Bauxite
Wells Fargo has raised its price target for Alcoa to USD 68 from USD 64, seeing potential upside for the aluminium producer even after its shares fell more than 40 per cent from their 2026 peak. Alcoa has had a volatile year. The aluminium producer's shares climbed more than 48 per cent between January and their year-to-date high on June 2, before losing more than 40 per cent from that peak. Despite the sharp pullback, Wells Fargo remains constructive on the stock. Following a meeting with A ...
NET ZERO EUROPE 2026 draws strong industry interest across Europe — Leading energy companies confirm participation
Sustainability
As Europe enters a new phase of renewable energy transformation, NET ZERO EUROPE 2026 – Solar & Energy Storage Summit is attracting strong interest from across the continent’s solar and energy storage industry, reinforcing its position as a leading platform for market intelligence, industry dialogue, and cross-border business collaboration. Scheduled to take place on 2–3 November 2026 in Barcelona, Spain, NET ZERO EUROPE 2026 is expected to convene more than 500 senior-level decision-makers, ...

Sustainability
Voya Energy has unveiled an aluminium-based power system that converts low-grade aluminium scrap into electricity through a low-temperature electrochemical process, offering a potential new route for aluminium recycling, energy storage and off-grid power generation. The Hayward, California-based company is targeting data centres, industrial facilities and other large energy users facing constraints around grid access, permitting and fuel logistics. Join the webinar by Alberto Monje Gama to ...
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From aluminium to semiconductors, Piyush Goyal pitches India to Japanese industry
Primary AL
27 Aug 2026
Union Commerce and Industry Minister Piyush Goyal has met senior executives from Japanese companies in Osaka, pitching India as an investment and manufacturing partner across semiconductors, electronics, aluminium, paints and coatings, and sports goods. The meetings formed part of Goyal’s four-day Japan visit, where he led India’s largest-ever business delegation to the country. The trip focused on encouraging Japanese companies to expand manufacturing, technology partnerships and supply-chai ...
South32 aluminium FY2026: Hillside delivers, Brazil recovers, Worsley takes price hit
Primary AL
27 Aug 2026
South32 delivered a stronger FY26 financial performance, with underlying revenue rising 7 per cent to USD 8.11 billion, reinforced by higher commodity prices and stronger operating performance. Within its aluminium portfolio, Brazil Aluminium and Hillside Aluminium recorded significant earnings improvements. The year also marked a strategic turning point, with South32 agreeing to sell most of its aluminium value chain assets to Alcoa for up to USD 5.6 billion. CEO Matt Daley stated, “Strong o ...
Alurion begins PFS field programme at Amargosa bauxite-gallium project
Bauxite
27 Aug 2026
Alurion Resources has started infill drilling and bulk-sample trenching at its Amargosa Bauxite-Gallium Project in Bahia, Brazil, as the newly listed company advances the asset toward a targeted mid-2027 pre-feasibility study. The field programme marks a shift from defining the project’s resource base to gathering the technical, metallurgical and logistics data needed to assess a potential direct-shipping bauxite operation. Alurion is also holding preliminary, non-binding discussions with alu ...
ALFED calls for urgent UK CBAM clarity as January 2027 deadline approaches
Sustainability
27 Aug 2026
The Aluminium Federation (ALFED) has issued an urgent briefing to government setting out key concerns from the UK aluminium industry around the implementation of the UK Carbon Border Adjustment Mechanism (CBAM) ahead of its planned introduction in January 2027. The briefing has been shared with relevant officials across HM Treasury, HMRC, the Department for Business, Innovation, Science and Trade (BIST), and wider Government, as ALFED calls for greater clarity and sufficient time for business ...
ASI certifies Guangdong AsiaAlum Senyuan Aluminum Co., LTD. against Performance Standard V3.1 and Chain of Custody V2
Sustainability
27 Aug 2026
Guangdong AsiaAlum Senyuan Aluminum Co., LTD. has achieved ASI Performance Standard V3.1 (2023) and Chain of Custody (CoC) Standard V2 (2022) Certification for the production and related management activities for aluminium alloy architectural and industrial profiles at Guangdong AsiaAlum Senyuan Aluminum Co., Ltd., located in AsiaAlum Industrial Park, Dawang High-tech Development Zone, Zhaoqing City, Guangdong Province, China. Aluminium Stewardship Initiative (ASI) today announced that Guangd ...
EGA marks Emirati Women’s Day with more women working at company than ever before
Sustainability
27 Aug 2026
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today announced that more than 188 women have joined the company since Emirati Women’s Day 2025, including 79 UAE Nationals. EGA today employs 833 women in the UAE, including 462 UAE Nationals. More than 408 women at EGA hold operational roles, with Emiratis representing over 44 per cent of women in operations. The company continues to expand opportunities for women across all areas of ...
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