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Top Stories
Metro Mining achieves record 1.8m WMT Q2 bauxite shipments despite cyclone disruption
Bauxite
Metro Mining has reported record quarterly bauxite shipments for the three months ended June 30, 2026, despite operational disruptions caused by Tropical Cyclone Narelle and the temporary dry-docking of its Offshore Floating Terminal (OFT) Ikamba. The company shipped 1.8 million wet metric tonnes (WMT) of bauxite during the quarter, up 7 per cent from the corresponding period of 2025, while maintaining its full-year shipment guidance of 6.6-7.1 million WMT. Chief Executive Officer Simon Wensl ...
The disturbance from expectations for US Fed interest rate hikes, coupled with the continuous destocking of China's social inventory, leads to aluminium prices maintaining a short-term consolidation pattern
Primary AL
Market: The most-traded SHFE aluminium contract opened at RMB 23,455 per tonne during the night session on July 29, hit a high of RMB 23,510 per tonne, a low of RMB 23,420 per tonne, and finally closed at RMB 23,480 per tonne, up 0.11 per cent from the previous close. During this session, the price consolidated at highs and closed as a small bullish candlestick, remaining firmly above the MA5 (23,415.45), MA10 (23,341.50), MA20 (23,269.66), MA40 (23,257.06), and MA60 (23,347.40) moving averag ...

Primary AL
LME aluminium prices strengthened on July 29 compared with July 28, with gains recorded across the cash, three-month and December 2027 contracts, while exchange inventories continued to decline. The LME aluminium cash bid price stood at USD 3,205 per tonne on July 29, up from USD 3,159 per tonne on July 28, marking an increase of 1.46 per cent. The cash offer price rose to USD 3,207 per tonne from USD 3,159.5 per tonne, an increase of 1.50 per cent. The LME aluminium three-month bid price in ...
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Red mud: The next strategic resource for your business
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FAST Metals raises $4.3 million and commercialises its critical mineral recovery technology
SupplementAL
30 Jul 2026
FAST Metals, the mining technology company recovering base and rare materials from red mud (bauxite tailings) and other iron-rich waste, has raised USD 4.3 million in pre-seed funding and announced its first commercial customer, Metalox Mineral Corporation. Under a strategic partnership, FAST Metals will process one ton of red mud & other iron bearing waste feed stock per week at Metalox’s Florida facility, confirming the commercial viability of its technology. Having additional MOUs signed ...
China weekly molten aluminium consumption falls to 545,050 tonne; semis constrained in off-season
Primary AL
30 Jul 2026
Data from Mysteel shows that domestic primary aluminium-based semi-products consumed 5,450.5 tonnes of molten aluminium the week ending July 23,2026, down 4,390 tonnes week-on-week. In June, domestic weekly molten aluminium consumption by aluminium semis producers maintained a steady upward trajectory, and by late June, the figure had surpassed 550,000 tonnes. However, as July set in, the combined impact of high temperatures and the traditional off-season led to a contraction in downstream or ...
VBX shifts from explorer to developer as Wuudagu gains funding momentum
Bauxite
30 Jul 2026
VBX is entering a new phase in the evolution of its flagship Wuudagu Bauxite Project, with the company moving beyond exploration after securing preliminary funding and offtake pathways while advancing the technical studies needed to develop the Western Australian asset into a producing bauxite mine. The transition comes as Wuudagu continues to build momentum through resource growth, improving project economics and commercial discussions, positioning the project closer to a fully funded develo ...
Metlen lands landmark US gallium supply deal as Europe builds alternative critical minerals chain
SupplementAL
30 Jul 2026
Europe's efforts to build an alternative supply chain for critical raw materials have taken another step forward after Metlen signed a landmark long-term agreement to supply a leading US technology company with approximately 25 per cent of the annual gallium output from its planned production facility in Greece. The agreement, described by Metlen as the first major commercial gallium supply agreement between a European producer and a leading US technology company, will draw material from the ...
Constellium defies market uncertainty with record quarterly EBITDA, raises 2026 outlook
Downstream
29 Jul 2026
Constellium has delivered its strongest quarterly operating performance despite economic and geopolitical uncertainty, prompting the aluminium products manufacturer to raise its full-year 2026 guidance and bring its 2028 financial targets within reach two years ahead of schedule. The record quarter was driven by stronger performance across all operating segments, supported by improving aerospace and transportation markets, supply shortages in North America's automotive rolled products sector, ...
India’s aluminium alloy exports hit 1.2Mt as value-added products drive global demand
Downstream
29 Jul 2026
India’s aluminium industry is expanding its manufacturing strength and its growing role in global industrial supply chains. This has been highlighted by the gaining momentum in India’s aluminium alloy exports to the global market. The increasing share of value-added products indicates the nation’s steady advancement in technology, quality and production capabilities. As of 2025, India exported a total of 1.2 million tonnes of unwrought aluminium alloy products to the global market. The export ...
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