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Top Stories
Chinalco raises Chalco stake to 34.01% with $98m share purchase
Primary AL
Chinalco has increased its stake in Aluminum Corporation of China Limited, known as Chalco, after purchasing shares worth CNY 659 million (USD 97.7 million). According to a Hong Kong filing dated August 11, 2026, Chinalco and parties acting in concert acquired 77.4 million Chalco shares, comprising 47.6 million A-shares and 29.8 million H-shares. Following the purchase, Chinalco and its affiliated parties held approximately 5.83 billion shares, representing 34.01 per cent of Chalco’s total i ...
EU approves €84m Danish scheme to boost clean-tech and critical raw material production
SupplementAL
The European Commission has approved a EUR 84 million Danish state aid scheme to expand clean-tech manufacturing and support the production of new and recovered critical raw materials.  The European Union is stepping up efforts to strengthen its domestic clean-tech manufacturing base, with the European Commission approving a EUR 84 million (USD 96.87 million) aid scheme for Denmark.  The scheme will provide direct grants to companies investing in additional manufacturing capacity for net-zer ...

End User
Packfine (Yantai Zhuyuan Environmental Tech Co., Ltd.)'s aluminium slim cans are aimed at Saudi Arabia's growing demand for innovative beverage packaging, particularly for juice and other non-alcoholic drinks. The company supplies 180ml and 250ml slim cans designed to meet both the design and performance needs of beverage producers in the Middle Eastern market. The packaging format is also being considered as brands look for lighter, more distinctive containers for an increasingly competitive ...
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BMW Car2Car project raises aluminium recovery potential from 23% to 52%
Recycled AL
12 Aug 2026
The BMW Group and its consortium partners have demonstrated that a larger share of material recovered from end-of-life vehicles could return to new automotive applications, increasing the project’s “Car2Car rate” from 6 per cent to 51 per cent under expanded processing and sorting conditions.  The rate, as defined by the project, measures the percentage of material from an end-of-life vehicle that can potentially be recovered at a quality suitable for reuse in new industrial applications. It ...
Manaksia Aluminium Q1 profit jumps 83% to ₹28.5m as material costs fall
Downstream
12 Aug 2026
Manaksia Aluminium Company Limited reported a net profit of  INR 28.5 million (USD 299,000) for the quarter ended June 30, 2026, up 83 per cent from INR 15.6 million (USD 163,000)  a year earlier. Revenue from operations rose 3.9 per cent to INR 1.4 billion (USD 14.6 million) from INR 1.34 billion (USD 14 million). Profit before tax increased to INR 39.4 million (USD 413,000) from INR 20.5 million (USD 215,000) in the corresponding quarter of the previous year. Cost of materials consumed decl ...
Raw material constraints coupled with marginal weakening of demand kept the operating rate of secondary aluminium producers at low levels in July
Recycled AL
12 Aug 2026
According to the SMM survey, the operating rate of China's secondary aluminium industry rebounded slightly to 34.6 per cent in Jul 2026, up 1.4 percentage points M-o-M from June, while it fell 7.0 percentage points Y-o-Y. Operating rates among secondary aluminium alloy enterprises showed mixed performance, with the overall industry recovering modestly from a low base. Raw material side, the shortage of compliant aluminium scrap and invoices remained the core factors constraining production. M ...
Jaya Hind Industries announces INR 600 crore phased investment plan over two years across its manufacturing locations
Downstream
12 Aug 2026
Jaya Hind Industries Pvt. Ltd. (JHI), a fully vertically integrated company and a leading global supplier of precision aluminium die-cast components, today announced a phased investment of INR 600 crore over the next two years to strengthen its manufacturing capabilities and capacity across High Pressure Die Casting (HPDC) and Gravity Die Casting (GDC). Further to the announcement of INR 200 crore towards the Chennai facility expansion, Jaya Hind Industries has decided to undertake an additio ...
EGA records 34% rise in net profit in H1 2026 despite Al Taweelah production cut
Primary AL
12 Aug 2026
Emirates Global Aluminium reported resilient financial performance for the first half of 2026 despite logistical and geopolitical disruptions arising from the regional conflict in the Gulf since March. EGA delivered Adjusted Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) of AED 4,506 million (USD 1,227 million), up 11 per cent from AED 4,065 million (USD 1,107 million) in H1 2025. The increase was driven by higher realised aluminium prices, stronger regional premiums, l ...
Tomago smelter set for $2.5b lifeline for as Australian PM Albanese set to make major announcement
Sustainability
12 Aug 2026
Australia’s largest aluminium smelter, Rio Tinto-controlled Tomago Aluminium, appears set for a major government-backed lifeline, with Prime Minister Anthony Albanese and New South Wales Premier Chris Minns expected to announce a support package worth up to USD 2.5 billion over 10 years on Thursday. The proposed deal comes as Tomago’s future beyond 2028 remains tied to its ability to secure reliable and competitively priced electricity. Its existing power supply agreement with AGL expires in ...
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