Australia’s largest aluminium extruder, Capral, has successfully completed a trial using recycled-content billets supplied by Rio Tinto at Boyne Smelters Limited (BSL), marking a significant stride towards sustainable manufacturing. The trial involved remelting 50 to 100 tonnes of post-production aluminium scrap sourced from Capral’s Bremer Park extrusion plant in Southeast Queensland, resulting in billets containing...
READ MOREAlumil India, a wholly-owned subsidiary of the Alumil Group, has launched Loop 80, a groundbreaking certified aluminium product containing 80% recycled material, setting a new global standard for sustainability. This follows the success of Loop 60, the company’s first certified recycled aluminium, introduced in 2023. Loop 80 represents a significant advancement, achieving an impressive 87%...
READ MORENickel Asia Corporation (NAC) has reported a 30% decline in net income for the first nine months of 2024, mainly due to weaker nickel ore prices. The mining firm’s net income fell to PHP 2.55 billion (USD 45.1 million), down from PHP 3.65 billion (USD 64.5 million) during the same period last year. The company’s...
READ MOREAnalysts at VTB My Investments have revised their list of the top 10 shares of Russian companies, adding shares of Nornickel and excluding those of Polyus. According to the broker’s latest report, the current composition of the top list includes: Nornickel, Gazprom, Astra Group, Rusal, LUKOIL, ALROSA, Moscow Exchange, Headhunter, Yandex, and Sberbank. The decision...
READ MOREConstellium SE has announced a major advancement in aluminium recycling for the automotive industry by implementing Laser-Induced Breakdown Spectroscopy (LIBS) technology at an industrial scale. Developed in collaboration with German recycling specialist OSR GmbH & Co. KG and a premium European automotive manufacturer, this initiative aims to reduce carbon emissions across the automotive supply chain...
READ MORENickel processing company PT Vale Indonesia Tbk (INCO) has officially signed a cooperation agreement with Chinese firm GEM, for the development of a net-zero nickel processing facility in Central Sulawesi. The signing took place in Beijing this week and was witnessed by Indonesian President Prabowo Subianto during his visit to China. The $1.4 billion project...
READ MOREAccording to data from Iran’s Mines and Mining Industries Development and Renovation Organization (IMIDRO), Iran’s aluminum ingot production in the first seven months of the current year totaled 352,423 tonnes, marking a decline from the 367,091 tonnes produced during the same period last year. The decline reflects challenges in production across the country’s main aluminum...
READ MOREAluminium Bahrain (Alba) and Japan’s Daiki Aluminium Industry Company have signed a joint venture (JV) agreement to establish a sustainable aluminium dross processing facility in Bahrain. The planned facility will have an annual production capacity exceeding 25,000 tonnes, aiming to support waste recycling and promote sustainable solutions within the country. Ali Al Baqali, CEO of...
READ MORENigeria has signed a $1.2 billion contract with the Chinese state-owned engineering firm China National Chemical Engineering Corporation (CNCEC) to overhaul a gas processing plant that is crucial for the country’s aluminium production, according to the Petroleum Ministry. The agreement marks the initial move towards reviving the long-dormant Aluminum Smelter Company of Nigeria (ALSCON), which...
READ MOREPresident Hakainde Hichilema has announced that Anglo American Corporation is re-entering Zambia’s mining sector, marking the company’s return after nearly two decades away. This move is expected to bolster Zambia’s ambitious target of tripling copper production to 3 million tonnes annually by 2031. Achieving this target is a key component of the government’s broader strategy...
READ MOREThe Adani Group plans to invest $5 billion to enter India’s metals industry, two years after its foray into the country’s cement sector, according to a report from the Mint newspaper. This move will position the conglomerate as a challenger to established players such as Vedanta Ltd., Hindalco Industries Ltd., and the Tata Group. The...
READ MOREThe Monel market is experiencing significant downward pressure at the start of Q4 2024, driven primarily by declining nickel prices and challenges within the manufacturing sector of major economies. Monel, a nickel-copper alloy known for its exceptional corrosion resistance and strength in marine and chemical processing applications, is being impacted by changing market dynamics shaped...
READ MOREBritish scientists have announced that they have successfully extracted a metal vital for car battery production—lithium—from wastewater, which they claim marks a significant achievement for the UK in sourcing critical minerals locally. Researchers at UK-based Watercycle Technologies say they have produced more than 100 kg of battery-grade lithium carbonate from brine and wastewater, making it...
READ MOREChinese copper smelters are under mounting pressure to scale back their rapid expansion, which is impacting profitability across the global industry. China, the world’s largest consumer of copper, is on course to produce about half of the world’s refined copper this year after an aggressive wave of smelter construction aimed at securing essential supplies for...
READ MOREGold prices experienced a significant drop on Monday, November 11, falling by more than 2% as the U.S. dollar strengthened in the wake of Donald Trump’s election as U.S. President. The precious metal’s value declined by $64.75, or 2.41%, closing at $2,619.23 per ounce, with prices reaching as low as $2,610.61 during the trading session....
READ MOREThe federal government of Nigeria oversaw the signing of an agreement between BFI Group and China National Chemical Engineering Corporation (CNCEC) for the restarting of the Aluminum Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State. This event follows a series of discussions held between Minister of State for Petroleum Resources (Gas), Ekperikpe...
READ MOREIn October, China’s production of lithium iron phosphate (LFP) rose by 7.8% month-on-month (MoM), reaching a total of 251,700 tonnes. This growth was supported by stable demand from the automotive market and expanding energy storage needs both domestically and internationally. LFP batteries are increasingly used in electric vehicles (EVs) and large-scale energy storage solutions, driving...
READ MORENorsk Titanium has secured ongoing funding from the US Department of Defense (DoD) to enhance its production capabilities for nickel superalloy components using its proprietary Rapid Plasma Deposition (RPD) technology. This funding aims to refine the manufacturing process for these components, which are widely used in the defense and oil and gas sectors for their...
READ MOREIn October, China’s cobalt sulfate production totaled 19,527 tonnes, representing a decline of 1.04% month-on-month (MoM) and 10.13% year-on-year (YoY). The cumulative production from January to October reached 228,121 tonnes, with a decrease of 7.28% YoY. The market faced sluggish downstream demand, and end-side users showed limited interest in building up stocks. Additionally, cobalt sulfate...
READ MOREJubilee Metals has begun its 2025 financial year on a positive note, reporting strong operational results for the first quarter, driven by organic growth in its South African operations and key milestones in its Zambian copper expansion. The diversified metals miner highlighted increased production at its South African chrome and platinum group metals (PGM) mines,...
READ MORERussia has proposed resource cooperation in the management of subsurface resources to African countries, Russian Natural Resources Minister Alexander Kozlov announced at the Russia-Africa Partnership Forum in Sochi. The proposal aims to strengthen collaboration in mineral exploration, leveraging Russia’s expertise and extensive mineral reserves to assist African nations in tapping into their own resources. Minister...
READ MOREEmirates Global Aluminium (EGA), the world’s largest producer of premium aluminium, has extended its CelestiAL-R supply agreement with the BMW Group for the coming years. CelestiAL-R is notable for being the world’s first aluminium blend made using solar power and recycled metal, aligning with the growing industry demand for sustainable materials. The BMW Group utilizes...
READ MOREJiangxi Copper Company Limited, a prominent copper producer, has forecasted that its sales from processed nonferrous metals will reach \$47.06 billion over the next five years. Founded in 1997 and headquartered in Nanchang, China, the company is involved in the exploration, mining, milling, smelting, and refining of copper and related products across Mainland China, Hong...
READ MOREDonald Trump’s return to the White House after defeating Kamala Harris has generated waves of speculation across various economic sectors, including significant interest from the aluminium industry. Now serving as the 47th President of the United States, Trump’s history of implementing protectionist policies is making industry experts wary of potential shifts under his new administration....
READ MORE
