Galtco is set to establish a low-carbon aluminium production plant in Tolú, Sucre, with an estimated investment of $1.2 billion. The facility aims to produce over 350,000 tonnes of green aluminium annually from the Gulf of Morrosquillo, reinforcing Colombia’s role in sustainable aluminium production. On January 29, a Memorandum of Understanding (MoU) for the Galtco...
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St. Louis-based Phinix has initiated a two-year, $1.8 million cost-shared project funded by the Remade Institute in Rochester, New York. The initiative, titled “Commercial Removal of Fe and Mn from Molten Aluminum Scrap Melts,” aims to enhance the quality and sustainability of recycled aluminum by eliminating metallic impurities from aluminum melts. This project builds upon...
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The aluminium premium for shipments to Japanese buyers for the first quarter of 2025 has been set at $228 per metric ton, marking the highest level in nearly a decade. This represents a significant increase from the $175 per metric ton premium in the previous quarter and marks the fourth consecutive quarterly rise, according to...
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Taural India, an integrated aluminum foundry, has signed a memorandum of understanding (MoU) with the Government of Maharashtra to expand its advanced manufacturing operations in Supa, Ahilya Nagar. The agreement, finalized during the World Economic Forum (WEF) in Davos, underscores Maharashtra’s dedication to fostering industrial growth in Tier II regions. Currently operating a 300,000 sq....
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Korea’s major aluminum flat producers—Novelis Korea, Choil Aluminum, and Daeho Al—achieved a combined shipment of 865,148 tons in 2024, a 5.5% increase from 820,228 tons in 2023. However, domestic shipments fell by 7.2%, dropping from 329,363 tons to 305,616 tons, as the local market faced significant challenges. In contrast, export demand rose sharply, climbing from...
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Marine Air Flow International, an Australian manufacturer known for its engine ventilation equipment, has shifted to using Capral Aluminium’s LocAl Super Green, a low-carbon aluminium solution. This transition marks a step toward sustainability for the company, which supplies filtration systems to ensure clean air in marine engine rooms. Nearly half of its business comes from...
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The bipartisan Congressional Aluminum Caucus has been re-launched, spearheaded by Congresswoman Carol Miller and Representatives Glenn Grothman, Haley Stevens, and Morgan McGarvey. The caucus aims to promote awareness of the U.S. aluminum industry, address key challenges, and highlight the metal’s essential role in modern manufacturing. Congresswoman Miller emphasized the economic and industrial significance of aluminum,...
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Alcoa, the largest aluminum producer in the United States, reported a net profit of $60 million for 2024, reversing a loss of $651 million from the previous year. The company attributed its improved performance to lower raw material and energy costs, alongside higher alumina and aluminum prices, though these gains were partially offset by increased...
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Century Aluminum has entered Phase One of a four-phase agreement under the U.S. Department of Energy’s (DOE) grant initiative, first extended in March 2024. The project aims to strengthen domestic aluminum manufacturing capacity, reduce reliance on imports, and secure critical supply chains vital to national security and economic growth. In March 2024, Century was chosen...
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An expert panel of senior civil servants, industry specialists, and media professionals has called for immediate policy measures to support domestic aluminium manufacturers and encourage investment in India’s aluminium industry. The discussion, organized by Bureaucrats India, focused on the challenges faced by the sector, including increasing import reliance and substandard aluminium flooding the domestic market....
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In its final days, the Biden administration has allocated funding to advance green aluminum initiatives, releasing an initial tranche of up to $500 million to Century Aluminum Co. for the construction of the nation’s first green aluminum smelter and $17.4 million to Norsk Hydro ASA for a technology upgrade at an aluminum recycling plant in...
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A groundbreaking aluminium waste recycling pilot facility is set to begin operations next to Rio Tinto’s aluminium smelter in Bell Bay, Tasmania. Driven by ABx Group, a subsidiary of Alcore Limited, the project utilizes a proprietary process to recover and reuse chemicals from the aluminium manufacturing process, reducing costs and reliance on imports. One key...
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The Ministry of Industry and Tourism, the Xunta de Galicia, U.S.-based multinational Alcoa, and energy company Ignis have signed a memorandum of understanding (MoU) aimed at ensuring the long-term future of the aluminum plant in San Cibrao, Lugo. The agreement signals a collective commitment to collaborate with the plant’s workers to stabilize operations and prioritize...
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China’s aluminium production rose by 4.2% year-on-year to 3.77 million metric tons in December, according to data released by the National Bureau of Statistics on Friday. However, daily output in December averaged 121,612 tons, marking a 1.7% decline from November’s daily average of 123,667 tons, based on Reuters’ calculations. The increase in monthly production was...
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China’s aluminum production for December 2024 increased by 4.13% year-on-year (YoY), with cumulative production for the year up 3.89% YoY, according to statistics from SMM. Despite the annual growth, regional production cuts impacted specific areas due to high costs and technological transformations. In December, smelters in Sichuan and Guangxi reduced production. High alumina and electricity...
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Ukraine saw a significant rise in aluminium trade in 2024, with imports and exports both showing strong growth despite ongoing geopolitical challenges. According to the State Customs Service of Ukraine, aluminium and aluminium product imports increased by 21.7% year-on-year, totaling US$446.006 million, including US$36.943 million in December alone. Exports also rose, climbing 27.4% year-on-year to...
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The European Commission is preparing to propose a ban on imports of Russian primary aluminum as part of its 16th sanctions package against Russia, EU diplomats revealed on Tuesday. The proposed measures aim to increase economic pressure on Russia following its invasion of Ukraine. Informal discussions were held among EU member states to finalize the...
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Aluminum prices edged higher as the European Union considers restrictions on imports of Russian metal, while Chinese production growth is expected to slow. On the London Metal Exchange (LME), aluminum climbed as much as 0.7% toward $2,600 per ton, trading 0.2% higher at $2,564 per ton by mid-morning in Shanghai. The EU is weighing new...
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Rusal has achieved a breakthrough in primary aluminium production by significantly reducing vanadium and other heavy metal content using revolutionary inert anode technology. This advancement enhances the electrical conductivity of aluminium, opening new opportunities for its application in the power industry. The inert anode technology, a key development in aluminium smelting, allows for the production...
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Emirates Global Aluminium (EGA), the UAE’s largest industrial company outside of oil and gas and a leading producer of premium aluminium, has announced the completion of civil works for the expansion of its US recycling subsidiary, Spectro Alloys. The project involves a 90,000-square-foot addition to Spectro’s facility, allowing the production of billet from post-consumer aluminium...
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Golden Aluminum has been awarded $22.3 million in funding from the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) to advance its Nexcast – Next Generation Aluminum Mini Mill project. The funding, granted in November 2024, will support the upgrade of the company’s Fort Lupton facility in northern Colorado. The Nexcast project aims...
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Altek is partnering with Real Alloy to develop a zero-waste aluminium salt slag recycling facility in Wabash, Indiana, with support from the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED). The facility will utilize Altek’s AluSalt technology to recycle metallics, salts, and recover non-metallic by-products from aluminium salt slag. Real Alloy has secured...
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Investors are showing strong interest in bauxite mining and processing projects in Vietnam’s Central Highland Province of Đắk Nông, with total investment commitments reaching $8 billion, according to the provincial People’s Committee. Under the government’s development plan, Đắk Nông will host four new bauxite mining and processing factories, each expected to cost under $1 billion....
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In a significant move to bolster the Sultanate of Oman’s industrial sector, National Aluminium Products Company (NAPCO) and Oman Aluminium Cast Company have signed a pivotal supply agreement. The signing ceremony took place at the Knowledge Oasis Muscat, witnessed by Eng. Dawood bin Salim Al Hadabi, CEO of Madayn. Under the agreement, Oman Aluminium Cast...
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