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Top Stories
Hydro signs 10 GWh hybrid power deal with Varberg Energi to stabilise renewable electricity supply
Sustainability
Norsk Hydro’s energy arm Hydro Energi AS has signed an 18-month hybrid power purchase agreement (PPA) with Varberg Energi, combining wind power, solar power and energy storage to deliver a more stable renewable electricity supply for industrial consumption. The agreement covers 10 GWh of electricity in Sweden’s SE3 bidding zone, with deliveries already underway from July 2026. The pilot is designed to test how different renewable energy sources and storage technologies can be combined to addr ...
Chuangxin Industries H1’26: Profit jumps 166%, driven by aluminium prices, green power
Primary AL
Chuangxin Industries Holdings Limited recorded a robust financial performance in the first half (H1) of 2026, with revenue rising 32.4 per cent year-on-year to RMB 11.53 billion (USD 1.71 billion) and net profit jumping 166.1 per cent to RMB 2.32 billion (USD 344.19 million). The Chinese aluminium producer benefited from higher electrolytic aluminium selling prices, lower production costs supported by a greater share of green electricity, and reduced finance costs, while its aluminium and alum ...

Primary AL
Aluminium’s return to backwardation on the London Metal Exchange (LME) is pointing to tighter near-term physical supply, as stocks continue to fall and production outside China declines. The market is increasingly focused on the availability of aluminium for immediate delivery rather than headline inventory levels. According to Natalie Scott-Gray, senior metals analyst at StoneX in London, LME aluminium stocks outside China are 95 per cent Russian-origin material. This means the headline stoc ...
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The World of Aluminium Extrusions – Industry Forecast to 2032

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Fred Stephan replaces Keith Harvey as CEO of Kaiser Aluminum, effective November 2026
Downstream
18 Aug 2026
Kaiser Aluminum Corporation has appointed Fred Stephan as its new Chief Executive Officer and President, replacing Keith A. Harvey, effective November 1, 2026. Stephan, 61, will also join Kaiser Aluminum's Board of Directors, increasing the board from nine to 10 members. His initial annual base salary will be USD 1.15 million, according to the company’s latest filing. His remuneration also includes a USD 3.8 million long-term incentive restricted stock unit (RSU) grant for 2026, along with a ...
New highs in US treasury yields and escalating geopolitical tensions disrupt the macro landscape; SHFE and LME aluminium prices diverge
Primary AL
18 Aug 2026
Futures: The most-traded SHFE aluminium contract opened at RMB 24,015 per tonne in the night session on August 17, with a high of RMB 24,015 per tonne and a low of RMB 23,870 per tonne, and settled at RMB 23,935 per tonne, down 0.33 per cent from the previous close. Prices rebounded to test the MA5 and MA10, and then pulled back under pressure, consolidating and closing with a small bearish candlestick. The MA20 formed short-term resistance, while the MA40 and MA60 provided support below. Dur ...
LME aluminium cash price rises 0.74% as stocks drop to 248,300t, tightening near-term supply
Primary AL
18 Aug 2026
LME aluminium prices moved higher on August 17 compared with August 14, while opening stocks declined marginally and cancelled warrants fell sharply. The LME alumina Platts price remained unchanged during the period. The LME aluminium cash bid price stood at USD 3,271 per tonne on August 17, up from USD 3,247 per tonne on August 14, marking an increase of 0.74 per cent. The cash offer price rose to USD 3,272 per tonne from USD 3,248 per tonne, also gaining 0.74 per cent. In the 3-month contr ...
China aluminium plate, strip and foil output holds up; peak season outlook clouded by rapid price rise
Downstream
18 Aug 2026
In July, SHFE aluminium traced a bottoming-out-and-rebounding path with a choppy upward bias. The settlement price of the most-traded aluminium contract climbed steadily from around RMB 22,500 per tonne in early July and gained RMB 1,110 per tonne, up roughly 4.9 per cent, by month-end.  Even though July is a traditional off-season, China's aluminium plate, strip, and foil sector ran broadly stable. Weekly output eased modestly but held at about 390,000 tonnes, with operating rates staying in ...
Norway’s low-carbon aluminium gets greener with Hydro and Alcoa’s 6000-series
Sustainability
17 Aug 2026
Low-carbon aluminium is becoming an increasingly important product category as manufacturers look to reduce the embodied emissions of their aluminium supply chains. Norway is a low-carbon aluminium hub because its smelters are powered largely by renewable hydropower, enabling producers such as Norsk Hydro and Alcoa to manufacture certified low-carbon aluminium products including Hydro REDUXA, Hydro CIRCAL, EcoLum™ and EcoDura™. Against this backdrop, the following companies and production ope ...
Toyota GR GT’s aluminium chassis is built to be driven hard
End User
17 Aug 2026
Toyota has opened up the GR GT’s chassis, and the most interesting part may be what happens if owners push the supercar too far on a racetrack. The GR GT is Toyota’s first vehicle with an all-aluminium body frame. It uses nine large aluminium castings connected to aluminium tubes and extrusions, creating a structure designed to be light, strong and rigid. The chassis was shown alongside the GR GT3 racing car at the 2026 Rolex Monterey Motorsports Reunion, giving spectators a rare look at the ...
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