Aluminum Market
Report ID: SQMIG15I2009
Aluminum Market Updates
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to aluminum market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
Aluminum Market News
in Aluminum Market
- In June 2025, RUSAL started producing Primary Equivalent Foundry Alloys (PEFA) at a commercial scale. It contains up to 40% post-consumer scrap at its Irkutsk Smelter. PEFA is produced using low carbon ALLOW aluminum. It meets OEM carbon neutrality goals. It is verified for its reduced carbon footprint and technical reliability, With the help of this manufacturing capability, RUSAL has expanded its low-carbon alloy portfolio for applications in automotive and industrial industries.
- Rio Tinto and AMG Metals & Materials signed an MoU with each other in April 2025. This agreement stipulates the assessment of a low-carbon aluminium project in India. The study will explore developing a 1 Mtpa smelter and 2 Mtpa alumina facility which will be run using renewable energy. Phase one will be the building of a 500,000-tonne smelter. Through this initiative, Rio Tinto strategizes to expand low-carbon aluminium operations in India.
- In October 2024, Alcoa announced a 10-year extension of its alumina supply agreement with Aluminium Bahrain (Alba). This will commence in 2026. The deal includes the supply of up to 16.5 million metric tons of smelter-grade alumina, majorly from Western Australia. This agreement helps Alcoa in furthering its position as Alba’s largest third-party supplier.
Aluminum Market Report Snapshots
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