Prime Minister Anthony Albanese and NSW Premier Chris Minns announced a $2.5 billion taxpayer-funded deal to keep Australia's largest aluminium smelter, Tomago Aluminium, running for another decade through subsidized power and renewable energy investments.
Anthony Albanese and NSW premier Chris Minns will announce a $2.5bn joint funding deal to keep Australia’s largest aluminium smelter, Tomago, operational beyond 2028 and secure about 1,000 jobs.
Hindalco Industries reports a 32% YoY revenue increase and 75% jump in net profit in Q1 FY27, driven by higher aluminium prices due to global supply shocks and the recovery of its US subsidiary Novelis, which achieved $225M in cost savings and restarted its Oswego hot mill.
Lenovo'nun ilk Googlebook modelleri sızdırıldı. Hibrit tasarım, Aluminium OS ve yapay zeka destekli Magic Pointer özelliği ile geliyor.
Coca-Cola has increased prices in India due to severe disruptions in the Strait of Hormuz, a key supply route for aluminum cans and raw materials, following the collapse of an interim truce in the Iran conflict.
Despite Donald Trump's push to revive US manufacturing, companies like Zion Foodtrucks in Colorado face increased costs from steel and aluminum tariffs and higher fuel prices due to the Iran war, leading to decreased business and tougher competition from Mexican manufacturers.
Die Trump-Regierung bietet US-Aluminiumfirmen Zollsenkungen für den Ausbau der Produktion in den USA an. Gleichzeitig verhängt sie 50-prozentige Zölle auf kanadische Produkte wie Wein und Hockeyschläger, was Kanada umgehend zurückweist.
Die Trump-Regierung bietet US-Aluminiumunternehmen Zollsenkungen im Gegenzug für eine Produktionsausweitung in den USA an. Gleichzeitig verhängte Trump 50-prozentige Zölle auf kanadische Waren wie Wein und Hockeyschläger, was Kanada umgehend zurückwies.
The floating Arctic research station 'Tara' has departed Lorient, France, for a two-year mission to drift with sea ice. An international team will collect over 10,000 samples to study climate change's impact on the rapidly transforming polar region.
The Nothing Phone 4a Pro offers a unique blend of style and functionality with its aluminium body, large OLED screen, and distinctive dot-matrix LED display on the back, though its mid-range performance and camera capabilities position it as a pricey option in its class.
Aluminium prices have fluctuated significantly due to geopolitical tensions, particularly US-Iran relations impacting the Strait of Hormuz. Despite price volatility, demand from sectors like EVs remains robust, outpacing supply growth. Analysts are constructive on Indian producers like Nalco and Hindalco, recommending a buy-on-dips strategy.
Vedanta Aluminium shares have fallen 12% since their listing, losing over Rs 25,000 crore in investor wealth, while its demerged siblings have gained. The decline is attributed to a correction in aluminium prices post-Iran-US peace deal and a debate over the metal's circular nature versus primary supply.
Adani Enterprises and Abu Dhabi's IHC will invest Rs 1.08 lakh crore in Odisha for a new greenfield aluminium project. The venture aims to boost India's aluminium production by nearly 50% and create over 50,000 jobs.
Aluminium prices are expected to remain high in the short term due to ongoing Middle East disruptions, projected to extend into 2027. However, increased supply from Indonesia and China is anticipated to create a market surplus next year, leading Goldman Sachs to maintain a bearish stance for the medium term.
Polestar har minskat sina relativa koldioxidutsläpp per såld bil med 30,9 procent sedan 2020, trots en dubblerad förlust på 4,8 miljarder kronor under årets första kvartal. Hållbarhetschefen Fredrika Klarén betonar att arbetet är strategiskt och inte förhandlingsbart, med fokus på förnybar energi och material med lägre klimatavtryck.
La guerre au Moyen-Orient déstabilise la production mondiale d'aluminium, entraînant une hausse des prix de 25% et des craintes de pénurie. Les entreprises comme MH Industries subissent des pertes importantes.
Shipowners will not resume transit through the Strait of Hormuz for weeks until a US-Iran deal is "material" and evident in real-world conditions, according to Mitsui O.S.K. Lines CEO Jotaro Tamura. The conflict, which began Feb 28 with US-Israeli strikes, had largely halted shipping through the vital route.
A colossal 77-meter Jesus statue, planned for Armenia, is sparking debate. Conceived by wealthy businessman Gagik Tsarukyan, it aims to be a national landmark but faces opposition from the Armenian Apostolic Church and critics questioning its cost amid national security concerns.
India has extended anti-dumping duties on aluminium foil imports from China, Malaysia, Thailand, and Indonesia until December 15, 2026. The Ministry of Finance issued the notification following a Sunset Review initiated by the Directorate General of Trade Remedies.
The US is proposing 25% tariffs on many Brazilian imports over unfair trade practices. Meanwhile, India and the US are close to a Phase 1 trade deal, with 99% of issues resolved. Separately, Aluminium Bahrain (Alba) announced a $2.2 billion deal to acquire Dunkerque Aluminium, the EU's largest smelter.
Bahrain's Alba acquires 100% of France's Dunkerque Aluminium for an undisclosed sum, financed by a banking consortium and a €100 million investment from Bpifrance. The deal aims to expand Alba's global industrial platform and strengthen its market presence.
Aluminium Bahrain (Alba) a annoncé le rachat du groupe français Aluminium Dunkerque pour environ 2,2 milliards de dollars. Bpifrance détiendra 6% du capital et un siège au conseil d'administration.
Die USA senken Zölle auf bestimmte Importe von Aluminium, Kupfer und Eisen, um die heimische Industrie zu stärken und kurzfristige Investitionen anzukurbeln. Die Änderungen, die bis Ende 2027 gelten, sollen auch die nationale Sicherheit verbessern.
Die chinesische Aluminum Corporation (Chalco) investiert rund 1 Milliarde Dollar in eine Aluminiumoxidhütte in Guinea. Die Anlage soll 1,2 Mio. Tonnen pro Jahr produzieren und Chalcos erstes Werk außerhalb Chinas werden. Guinea erhält zunächst 5% Anteile.
