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Top Stories
AI chip boom puts aluminium supplier AMS on track for semiconductor-led growth
Downstream
According to Kenanga Research, aluminium supplier AMS Bhd is an underappreciated beneficiary of the global wafer fabrication equipment (WFE) upcycle. Growing investment in artificial intelligence (AI) infrastructure and semiconductor manufacturing is expected to create fresh growth opportunities for the company. Kenanga identifies AMS’ potential Initiating coverage with a fair value of 62 sen (USD 0.15), Kenanga believes AMS has the potential to evolve into a semiconductor-focused aluminium ...
Metro Mining’s June bauxite shipments jump 29% as Q2 volumes hit record 1.8 million WMT
Bauxite
Australia-based bauxite producer Metro Mining closed June 2026 with a sharp month-on-month increase in shipments from its Bauxite Hills Mine in North Queensland, while higher quarterly volumes and a substantial rise in waste stripping marked the company’s second-quarter operational performance. The company shipped 779,000 wet metric tonnes (WMT) of bauxite in June 2026, a 29 per cent increase from May. During the first three weeks of the month, Metro recorded lower supply-chain variability fo ...

Primary AL
The Egyptian government is aiming to increase the valuation of EgyptAlum by three to four times before deciding whether to sell a stake in the state-owned aluminium producer or transfer it to the Sovereign Fund of Egypt (SFE), according to a senior government official. The official said the decision has been deferred until the company advances a series of expansion projects and secures the necessary approvals, which are expected to enhance its market value. EgyptAlum, listed on the Egyptian E ...
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Aluminum Association calls for comprehensive strategy to strengthen US aluminium supply chain
Recycled AL
08 Jul 2026
The Aluminum Association has urged US policymakers to adopt an "all-of-the-above" strategy to strengthen the country's aluminium supply chain, arguing that expanding both primary and secondary aluminium production is essential to meeting rising demand across transportation, packaging, defence, energy and advanced manufacturing. According to the association, discussions often present primary and secondary aluminium as competing options, whereas both are complementary and necessary for a resili ...
Eldorado Civic Association promotes aluminium can recycling during holiday weekend
Recycled AL
07 Jul 2026
The Eldorado Civic Association is encouraging residents, holidaymakers and picnic-goers to recycle aluminium cans by depositing them at the organisation's collection site at 5939 California Avenue. According to commodities coordinator Ed Shrift, the association accepts aluminium cans 24 hours a day, 365 days a year, making recycling accessible throughout the year. Shrift said the initiative has grown steadily since it was launched more than 10 years ago, with the volume of aluminium cans col ...
VALIS provides carbon performance you can document, report and rely on.
Sustainability
07 Jul 2026
“With our new label VALIS, we define a clear and independently verified carbon threshold. Every product carrying the label is backed by an Environmental Product Declaration and confirmed by an external authority. This means carbon performance you can document, report and rely on," explains Cédric Rauhaus, Speira's Head of Marketing. VALIS is designed for markets where transparency defines trust and documentation drives decisions. The label marks products with a CO₂ footprint of less than 4 to ...
Hydro signs 10-year renewable power agreement with Eviny to support low-carbon aluminium production
Sustainability
07 Jul 2026
Hydro Energy has signed a 10-year power purchase agreement (PPA) with Eviny Fornybar to secure a long-term supply of renewable electricity for its Norwegian operations, supporting the company's low-carbon aluminium production strategy. Under the agreement, Eviny will supply 0.5 TWh of renewable electricity annually between 2031 and 2040, amounting to a total of 5 TWh over the contract period. The electricity will be delivered in Norway's NO5 electricity price area. According to Kari Ekelund ...
Shyam Metalics’ aluminium foil sales rise 21% Y-o-Y in June as realisations jump 39%
Downstream
07 Jul 2026
Shyam Metalics and Energy Limited recorded a sharp year-on-year increase in aluminium foil sales and realisations in June 2026, while its quarterly foil volumes remained broadly stable compared with the preceding quarter. The company sold 2,151 tonnes of aluminium foil during June 2026, up 20.68 per cent from 1,783 tonnes in the corresponding month of the previous year. The average realisation from the segment climbed 39.32 per cent year-on-year to INR 503,400 (USD 5,304.51) per tonne from IN ...
SHFE aluminium rebounds on position reduction, extending recovery; Alumina falls on position increase, weakness unchanged
Primary AL
07 Jul 2026
The SHFE aluminium 2608 contract opened at RMB 22,850 per tonne, reached a high of RMB 23,080 per tonne, dipped to a low of RMB 22,785 per tonne, and closed at RMB 22,940 per tonne, up RMB 105 per tonne or 0.46 per cent from the previous trading day. Trading volume was 146,200 lots and open interest was 246,000 lots, with a daily decline of 7,151 lots. Price settled above the MA5 (22,687) and MA10 (22,840.50), but remained below the MA20 (23,433.75), MA40 (23,982.50), and MA60 (24,287.67). Sh ...
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