- EGA boosts solar aluminium supply to Brembo
- China ramps up green aluminium production
Base metals prices on the London Metal Exchange (LME) saw negative trends d-o-d, with lead decreasing by 0.92% to $2,003/tonne (t). Meanwhile, inventories at LME-registered warehouses registered positive movements d-o-d, with zinc recording the highest gain of 7.74%.
Indian market overview
In India’s non-ferrous metals markets, BigMint assessed domestic copper armature scrap at INR 807,000/t ex-Delhi, down by INR 3,000/t d-o-d. Aluminium Tense scrap prices remained stable d-o-d, with ex-Delhi at INR 197,000/t and ex-Chennai at INR 200,000/t.
Market updates
EGA expands solar aluminium supply to Brembo
Emirates Global Aluminium (EGA) has expanded its supply of CelestiAL solar aluminium to Brembo, the Italian braking systems leader, strengthening a partnership that began in 2019. Produced in the UAE using solar power, CelestiAL significantly eliminates carbon emissions, with Brembo noting nearly a 50% reduction for the same aluminium volume. EGA, the world’s first company to commercially produce aluminium using solar energy, reaffirmed its commitment to low-carbon metals, while both companies highlighted the move as a step towards greater sustainability and environmental responsibility.
China counters Trump’s tariff threat with tech-led, greener aluminium push
China is responding to US tariff threats by advancing a tech-driven and greener aluminium strategy under its 2025-27 Action Plan. As the world’s top producer, China is capping primary output at 45 million tonnes (mnt) while boosting recycling and shifting smelters to regions with renewable energy, such as Yunnan and Inner Mongolia. With growing dependence on imported bauxite, mainly from Guinea and Australia, and rising aluminium scrap recycling, China aims to cut emissions and maintain export competitiveness, especially to developing markets, despite global scrutiny over subsidies and trade practices.
Leave a Reply