Latest Aluminium News

Meridian Energy's January 2026 report reveals robust hydro and wind generation fueled by above-average water and snow storage, alongside rising retail sales, despite wholesale electricity prices plummeting to historic lows.

Meridian Energy’s January 2026 report reveals robust hydro and wind generation amid record rainfall and soaring electricity demand, despite wholesale prices plunging to historic lows.

South32 Limited reported a 29% rise in profit for the half year ended December 2025, driven by higher base and precious metals prices and solid operational performance. The company declared a fully-franked interim dividend and maintained its FY26 production guidance, while advancing key projects and managing portfolio transitions.

Orora has reported a strong first half for FY26 with a 32% rise in underlying net profit, driven by robust volume growth in its Cans segment and improved cash flow. The company also announced a fresh $270 million on-market share buyback, signalling confidence in its ongoing growth trajectory.

Orora Limited reported a statutory profit of $58.9 million for the half-year ended December 2025, driven by operational improvements despite significant restructuring costs. The company declared an interim dividend and announced a fresh share buy-back program.

Canyon Resources updates progress on its Minim Martap Bauxite Project, confirming key milestones despite locomotive delivery delays that push the maiden bauxite shipment to Q3 2026.

Impact Minerals has identified a promising standalone process to produce sulphate of potash and hydrochloric acid from lake clays in Western Australia, potentially reducing reliance on imports and addressing local industrial demand.

VBX Limited has announced a 108% increase in its Wuudagu bauxite resource following new discoveries at Wuudagu D, E, and F, significantly extending the project’s mine life and enhancing production prospects.

Iondrive Limited has demonstrated over 85% silver extraction efficiency using its IONSolv™ technology, marking a significant step forward in recycling end-of-life solar panels in Australia.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

Conico Ltd has finalised a major recapitalisation and corporate restructure, positioning itself for renewed exploration with a focus on scandium amid strong market demand. The company plans an extensive drilling program at its Mt Thirsty project to expand its scandium resource.

Mount Ridley Mines has reported maiden JORC mineral resource estimates for scandium and gallium at its Mount Ridley Project, significantly boosting its critical minerals portfolio and consolidating tenure across a 70-kilometre strike.