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A2MP takeover bid casts uncertainty over Canyon Resources' Minim Martap bauxite project
Bauxite
The future of one of Africa's largest undeveloped bauxite deposits has entered a new phase of uncertainty after A2MP Investments launched a takeover bid for Canyon Resources, raising questions over whether the company's flagship Minim Martap project will proceed as originally planned. A2MP, Canyon Resources' majority shareholder with a 55.56 per cent stake, has launched an unsolicited off-market takeover offer of AUD 0.05 (USD 0.035) per share, valuing the Australian mining company at approxi ...
Europe's aluminium duty-paid premium falls 18% in August as easing geopolitical risks erase war premium
Primary AL
Europe's duty-paid aluminium premium has fallen sharply from the highs recorded earlier this year as the supply concerns that dominated the first half of 2026 continue to ease. The Rotterdam in-warehouse duty-paid premium has dropped from its mid-May peak of roughly USD 600 per tonne to around USD 490 per tonne for the August contract, while the forward curve suggests the market could see further easing through 2027. The market has changed considerably over the past few months. Fears that the ...

End User
Japan's aluminium market is facing another setback after major automakers suspended production following the 7.1-magnitude earthquake that struck the Kyushu region on Tuesday, July 28. The temporary shutdowns come at a time when demand for both primary and secondary aluminium was already subdued during the seasonal slowdown in automotive sales, further weighing on spot restocking activity. Although most market participants expect only a limited immediate impact on aluminium consumption, the d ...
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Aluminium alloy futures price drifts higher, spot aluminium steady with slight gains
Primary AL
07 Aug 2026
Futures: The aluminium alloy 2610 contract opened today at RMB 23,440 per tonne, with an intraday fluctuation range of RMB 23,420–23,545 per tonne, and closed at noon at RMB 23,520 per tonne, up 55 yuan from the settlement price, an increase of 0.23 per cent. Intraday futures drifted higher, with multiple shots up to test highs during the session, and overall trading remained firmly above the average price line. Trading volume for the day was 6,114 lots, while open interest increased to 18,342 ...
Boeing approves Quaker Houghton’s coolant for aerospace aluminium alloys
SupplementAL
07 Aug 2026
Quaker Houghton has strengthened its position in the aerospace manufacturing sector by securing Boeing BAC 5008 approval for its Hocut 4260 metalworking coolant, expanding its portfolio of certified solutions for machining aluminium alloys and other high-performance aerospace materials. The approval reinforces the product’s suitability for critical aerospace production, where manufacturers require high-performance coolant technologies that improve machining efficiency, extend tool life and co ...
Kentucky's former aluminium smelter and uranium plant find new role as AI data centres
SupplementAL
07 Aug 2026
Former industrial sites across Kentucky, including an aluminium smelter, are being repurposed as hyperscale data centres as developers seek locations with existing high-capacity power infrastructure to support artificial intelligence (AI) projects.  One of the most prominent examples is the former Century Aluminum smelter in Hancock County, which stopped production in 2022 after more than 50 years of operation because of high electricity costs. The closure resulted in the loss of more than 60 ...
BofA says aluminium cans are winning over beverage brands and consumers
End User
07 Aug 2026
Whether it's a soft drink, an energy drink or an imported beer, aluminium cans are increasingly becoming the packaging of choice. New market data analysed by Bank of America (BofA) shows the material continues to gain market share, while glass packaging loses ground across several beverage categories, reflecting changing consumer preferences and packaging trends. According to BofA's analysis of Nielsen scanner data for the week ended July 25, 2026, non-alcoholic beverage volumes rose 0.7 per ...
Century Aluminum record Q2 profit as stronger prices, Mt Holly restart lift H1 earnings
Primary AL
07 Aug 2026
Century Aluminum has reported record second-quarter (Q2) 2026 financial results, backed by stronger aluminium prices, increased shipments and higher production driven by the completion of the Mt Holly restart and the recovery of operations at its Grundartangi smelter. The robust quarterly performance also lifted the company’s first-half (H1) earnings well above the corresponding period last year, indicating improved market conditions and operational execution. Explore: The most comprehensiv ...
Vedanta Aluminium's next chapter begins with $1.62b refinancing
Primary AL
07 Aug 2026
Less than two months after beginning its journey as an independent listed company, Vedanta Aluminium is raising about ₹13,500 crore (USD 1.62 billion) from a consortium of Indian banks to refinance inherited debt, marking its first major financing initiative since the Vedanta Group's demerger. According to people familiar with the matter, Axis Bank has signed a loan agreement worth ₹5,500 crore (USD 658.3 million) with Vedanta Aluminium Metal Ltd., while HDFC Bank and ICICI Bank will jointly ...
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