Daily aluminium industry digest · Curated for Novelis
Ball Corporation reported Q1 2026 net revenue of $2.9 billion, up 2% year-on-year, driven by 3% higher global beverage can volumes that offset a 1% decline in average aluminium prices. Full-year 2026 adjusted EPS guidance was reaffirmed.
READ FULL STORY ↗Metal Packaging Europe CEO Krassimira Kazashka told AL Circle that European aluminium beverage can recycling has reached 76%, with Deposit Return Schemes and the Packaging and Packaging Waste Regulation (PPWR) accelerating progress toward the industry’s 100% recycling ambition by 2030.
Higher European can collection rates increase UBC scrap availability for Novelis’s Latchford and Nachterstedt recycling operations, directly supporting the company’s 75% recycled content target for 2030.
With the Middle East supply disruption having removed approximately 2.5 million tonnes from global production, Alcoa restarted potlines at its Portland smelter in Victoria and the Queensland and Federal governments committed A$2 billion to support Rio Tinto’s Boyne smelter, moves intended to partially offset the Gulf supply gap at current elevated price levels.
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