Global Aluminium Inventory to Plunge Further amid Supply Headwinds, LME Aluminium Prices to React Fast

Groundbreaking Ceremony Held for Alcoa Arconic’s Davenport, Iowa Plant Arconic held a groundbreaking ceremony for a $175 million investment project at its Davenport, Iowa plant. The project will add a state-of-the-art aluminum casting complex to the facility. For company leadership, the No. 10 Pit expansion project represented both growth in the manufacturing business and a long-term commitment to the region. With expanded capacity, advanced technology, and a focus on efficiency and sustainability, Arconic was positioning itself and the local community for the next generation of industrial growth. Once completed, No. 10 Pit will significantly expand casting ingot capacity, increase aluminum scrap recycling, and improve overall energy efficiency.

Tianshan Aluminum Acquired a Stake in a Local Mining Company in Guinea and Obtained Exclusive Purchasing Rights to Its Mineral Products An investor asked on the investor interaction platform: Hello, there have recently been rumors that Guinea may restrict bauxite export quotas. Has any branch or subsidiary of Tianshan Aluminum in Guinea received any notice or information related to restrictions on the mining or export of Guinean bauxite? If so, could you disclose the specific details? Thank you! On March 19, Tianshan Aluminum stated on the investor interaction platform that the company had acquired a stake in a local mining company in Guinea and obtained exclusive purchasing rights to its mineral products.

Emma Swan, Managing Director of BOAL Extrusion UK, has been appointed the new Vice Chair of the Aluminium Federation (ALFED) in the UK. Ms. Swan brings a wealth of experience, leadership, and passion for the aluminum industry, and her appointment comes at a pivotal time for the industry and the broader UK manufacturing landscape. In her role as Vice Chair, Ms. Swan will work closely with Aluminium Federation Chief Executive Officer Nadine Bloxsome, Chair Wendy Giles of Amari Metals Ltd, and other members of the Federation’s Board to help advance the sustainable development priorities and advocacy interests of its members across the entire aluminum value chain.