Aluminum
According to the study, the project will support an average of 11,000 jobs nationwide annually and contribute $2.2 billion to U.S. GDP each year.
Hydro and Chanel Fragrance and Beauty have launched a 2026-2030 partnership to develop lower-carbon aluminum packaging for fragrance, makeup and skincare, targeting a footprint approaching 3.0 kg CO₂e per kilogram of aluminum.
Nearly 98% of U.S. aluminum industry jobs are now concentrated outside primary production, as recycling and downstream manufacturing expand. Secondary aluminum employment jumped 21.9% from 2024 to 2026, while industry investment has topped $11 billion over the past decade.
The federal government has committed C$100 million to support ELYSIS inert-anode technology, while CEM’s Thor Project is progressing toward alumina demonstration production.
Emirates Global Aluminium has completed its acquisition of an 80% stake in Italian recycler Eco Green. The deal expands EGA’s European scrap network and lifts its global aluminum recycling capacity above 400,000 tonnes per year, with another 200,000 tonnes under development.<
Industry consultant AZ Global estimates effective capacity at about 45.26 million tons. Aluminum smelters operated at 99.7% of effective capacity in August, data showed.
Irish Prime Minister Micheál Martin has previously expressed support for stopping aluminum oxide exports to Russia. An EU-wide embargo could limit Russia’s access to strategic industrial materials.
General Extrusions in Youngstown said tariffs have not yet disrupted its operations. However, the company expects aluminum commodity prices to rise in the coming months.
Ziad Fares, the project director for Oklahoma Primary Aluminum, sat down with FOX23 to discuss the proposed facility's environmental impact, fluoride emissions, technology, monitoring. agriculture and the permitting process.
The company is carrying out repairs while gradually restoring production across all three lines. The production lines were re-energised between May and August as part of the recovery programme.
Simard said the dispute risks diverting attention from what the industry views as a bigger threat: Chinese overcapacity and metal potentially reaching North America through third countries.
Congressman Scott Fitzgerald, R-Juneau, took the lead in organizing the letter. He said the price of domestic aluminum simply should reflect the cost of manufacturing and distribution in the U.S.
Despite price weakness, the market is expected to remain tight, with aluminium prices unlikely to fall below $3,000 per tonne during the rest of 2026.
According to a company news release, Stephan will take over from Keith Harvey, who has led Kaiser Aluminum as CEO since 2020.
Globally, a deficit in aluminum supply is expected to worsen this year following damage to major Middle Eastern smelters and disruptions in the Strait of Hormuz amid the ongoing U.S.-Iran conflict.
In late June, the Inola City Council passed the 60-day moratorium following public outcry against the project. Drummond, who is also a Republican gubernatorial candidate, wants to halt the project while his lawsuit against the smelter proceeds.
On the London Metal Exchange (LME), three-month aluminum traded around $3,323 a metric ton after touching $3,336.50, its highest since June 23rd. ING, a Dutch bank, said fundamentals still look supportive and the market is expected to run a supply deficit this year, meaning demand outstrips supply.
Hydro CIRCAL has a carbon footprint of 1.5 kilograms of CO₂ equivalent per kilogram of aluminium or lower. It delivers nearly 70% reduction in emissions compared with the average carbon footprint of primary aluminium production in North America.
The presidential memorandum instructs the U.S. Commerce Department to use powers under the Defense Production Act to improve the availability of critical materials needed for manufacturing and national defense.
In 2000, there were 23 primary aluminum smelters in the United States. Today, the market has been overtaken by foreign countries that have exploited U.S. trade law and flooded the country with unfairly traded aluminum imports. Only four smelters remain in the United States.
According to a company news release, the expansion is backed by a $50 million investment, which will increase the Mt. Holly workforce to more than 600 employees. The company noted that the project is expected to strengthen domestic aluminum production.
After more than 11 years of development, the plant successfully produced aluminum ingots with a purity of 99.71%, completing the final stage of Vietnam's aluminum production process.
Kaiser Aluminum recorded net income of $97 million, while adjusted net income reached $94 million.
The company also announced plans to restart part of its Slovalco aluminium smelter in Slovakia after reaching a long-term agreement with the Slovak government.
The executive order allows companies that invest in building new primary aluminum production facilities in the United States to import an equivalent quantity of primary aluminum at a reduced tariff of 25%, compared with the previous 50% rate.