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Top Stories
China May gasoline demand to contract over 10% Y-o-Y
SupplementAL
China's daily gasoline consumption in May is projected to fall over 10 per cent compared with the same period last year, partly due to high prices constraining the downstream demand, aside sustained substitution of electric vehicles, according to OilChem's data. In detail, China's gasoline demand ...
MBK Partners to acquire Japan’s aluminium can maker Altemira in $760M deal
End User
Asian private equity firm MBK Partners is set to acquire Japanese aluminium can producer, Altemira Holdings Co. in a deal valued at around YEN 117.5 billion (USD 760 million), according to industry sources. The acquisition involves MBK Partners acquiring 100 per cent of Altemira from US-based inv ...

End User
New global research from test and measurement partner, Industrial Physics, has exposed a critical issue in the metal packaging industry. The survey uncovered that the vast majority (92 per cent) of professionals are unable to guarantee consistent, measurable results with current technology – highl ...
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Alcoa Corporation Advances Mosjøen Growth with $65M Investment, due to rising demand and local support
Recycled AL
12 May 2026
As announced by Alcoa Corporation, one of the world's most sustainable aluminium producers, on May 11, it will be investing USD 65 million to enhance its foundry production capabilities. This will be possible by incorporating recycled materials into the casting process at its Mosjøen smelter in No ...
Inventory buildup offsets macro tailwinds, aluminium prices fluctuate
Primary AL
12 May 2026
Futures: The most-traded SHFE aluminium 2606 contract closed at RMB 24,690 per tonne, up 0.57 per cent. The price was above MA5 (24,554.00), MA10 (24,614.50), and MA60 (24,532.25), but below MA30 (24,753.83), with short-term moving averages providing support while the price was under pressure at M ...
Odisha Mining Corporation (OMC) eyes doubling Kodingamali Bauxite Mine capacity to 6 MTPA
Bauxite
12 May 2026
An ambitious plan has been shared by the Odisha Mining Corporation (OMC) concerning the production at its Kodingamali Mines, where it is planning to expand the capacity from the current 3.6 million tonnes per annum (MTPA) to 6 MTPA. This indicates the firm's strong and sustainable demand within th ...
ASI certifies Nemak México S.A. facilities against Performance Standard V3.1
Sustainability
12 May 2026
Aluminium Stewardship Initiative (ASI) today announced that four Nemak México S.A. facilities have been certified against the ASI Performance Standard V3.1 (2023). The Certification covers multiple integrated production units manufacturing aluminium automotive components for e-mobility, structural ...
ETS benchmark update risks undermining aluminium recycling and critical raw materials supply
Recycled AL
12 May 2026
Today, the European Commission presented its updated EU Emissions Trading System benchmarks for 2026–2030. European Aluminium warns that this update risks undermining aluminium recycling and critical raw materials supply in Europe, at a time when the EU is seeking to strengthen its circular econom ...
LME aluminium price rallies as cash offer reaches $3,655/t, again slowing moving to its four-year high
Primary AL
12 May 2026
On May 11, the London Metal Exchange (LME) aluminium price continued to rise significantly from the previous close, again racing towards a four-year high. Along with the price, the LME inventory also rose compared to the previous day’s close. On the other hand, the LME alumina platts price on May ...
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