Igun Metals

Name: Igun Metals
Address: Lagos, Lagos, NG
Telephone: +2348162688922

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Igun Metals

African metals marketplace and supply chain. Where global offtakers find verified miners and metal producers, as well as safely procure metals.

For ADC12 ingots, scraps, or primary metals and more, please email us: [email protected]; +2348162688922. Igun is the world centre for sourcing and trading metals of African origin, and for metals financing on the continent. This is the marketplace technology where global offtakers find verified miners and metal producers, as well as safely procure African metals from Aluminium to Lithium, N

ickel, metal scraps, Copper, Zinc, Cobalt, and ferrous segments. For secondary materials such as ADC12 ingots or primary metals and more, please e-mail us: [email protected]; [email protected].

05/03/2026

We’ve just updated our Page - logo.

More foreign institutional buyers are relying on us to find authentic metal producers and miners in Africa. We've had to align our branding to trust, identity, and transparency, which are some of our key values!

07/02/2026

World primary Aluminium production growth hits 5-year low in 2025 as China nears its expected 45 million metric tonnes production cap and a global shift from primary production to metal recycling-led supply.

Africa, notorious for being the dumping ground for used vehicles and substandard electronics (these materials' parts end up in stockpiles and dumpsites as metal scraps), is expected to position investment in metal recycling to participate strongly in global supply. For instance, earlier in 2025, Neveah Limited commissioned a 44,000 metric tonnes capacity Aluminum and Copper recycling plant in Nigeria, targeting $150 million annual revenue from remelted material export.

Igun Metals consultancy (https://www.igunafrica.com/) is preparing to launch its digital platform in Q2 of 2026 as the company aggregates the supply chains of the metals, mining, and recycling industry in Africa for the global stage.

According to the International Aluminium Institute, world primary Aluminium production grew by only 1.06%, a decline from the 3.24% growth in 2024. The world primary Aluminium production came to 73 million metric tonnes in 2025, with a daily average output of 202,100 metric tonnes through the year.

Source: ALCircle, BusinessDayNG

18/01/2026

2025 results are out and Africa’s alumina capacity has remained unchanged at 0.65 million tonnes. Guinea, one of the world’s largest bauxite suppliers only operates one alumina refinery - the RUSAL’s Friguia plant, with a bulk output for the continent of 600,000 tonnes per year capacity.

Guinea’s government is set to have up to six operating refineries by 2030, lifting total alumina capacity to around 7 million tonnes per year. The challenge is power infrastructure is remarked the single biggest barrier to refinery development as alumina refining is an energy-intensive industrial process.

The power challenge is an opportunity in Africa’s metals and mining space.

Source: AL Circle

25/08/2025

Global Aluminium Ingot Prices tumbled in Q2 2025 as Washington doubled tariffs on aluminium imports to 50%.

There have been issues of oversupply and weaker demand, and then came Trump's tariff move that disrupted supply chains and reshaped price dynamics. Aluminium Ingot Price Index fell close to 18% compared to Q1 results. The market awaits Q3 results as stability is still cautiously expected.

Source: Al Circle

11/07/2025

New Aluminium Metal Production Plant Launched in Nigeria with 44,000 Metric Tonnes Capacity.

Neveah Limited which ranks 21st on the Financial Times’ 2025 Africa’s Fastest-Growing Companies has opened a cutting-edge base metals recycling plant located in Ogun State, Nigeria. The facility will process 44,000 MT of aluminum and copper scraps into ingots annually.

Source: Vanguardngr.com

27/04/2025

China imports over 70% of its Bauxite from Guinea, West Africa. The Asian giant imported 16.4 million tonnes of Bauxite (the world's main source of Aluminium) in March 2025.

According to data released by China's General Administration of Customs, the cumulative imports of Bauxite into China for the first quarter of 2025 (January-March) reached 47 million tonnes, up by 30% YoY.

Source: SMM

12/03/2025

Metals markets face challenges as China rebalances into a demand and consumption-driven economy.

Beijing plans to reduce reliance on exports, increase consumer-focused stimulus, while cushioning the impacts of escalating trade war with the United States.

Analysts claim China's shifts from a supply-and-volume based economic model to a demand-and-quality macroeconomic framework would bring a further demand decline in steel and non-ferrous metals. The country's steelmaking capacity is 1.25 billion mt/year against 1 billion mt/year of demand.

Source: Reuters, S&P Global

31/01/2025

Conservative analysts expect the global aluminium market to return to a deficit in 2025 due to slower output growth experienced last year. The slow turns were further driven by a series of supply chain disruptions from markets in Australia, Guinea, Southern America amid a steady demand growth in China. Deep alumina deficit in 2024 was up to 2 million metric tons causing higher levels of prices for the raw material but lower margins for smelters.

Nonetheless, more optimistic analysts project that new refining capacity expected for bauxite and alumina in Asia, and likely production cut from UC Rusal, Russian aluminum producer, could ease supply problems. New forecast puts alumina prices at average $497/metric ton in 2025, down 1.4% from 2024.

Source: S&P Global

20/11/2024

Low-cost nickel supplies from Indonesia, China and the Philippines fill cutbacks in other markets. This is as nickel miners in high-cost regions have suspended operations due to low nickel prices. The nickel mine closures in markets such as Australia is projected to reduce global mined production by 18% YoY or to 140,000 mt in 2024.

Meanwhile, Indonesia is ramping up nickel production to fill the market cutbacks as they remain the world's largest producer of the metal, with projected 44% of global market share by 2027.

Nickel is an important metal by mass in the lithium-ion battery cathodes used by electric vehicle manufacturers.

Source: S&P Global

23/09/2024

Gold consistently stays above $2,500 since its major breakthrough in August.

Record high prices per ounce could be the start of a new golden era even for the precious metal's sources in Nigeria and other sub Sahara Africa mines.

Source: CME Group

12/09/2024

London Metal Exchange (LME) warehouses stocked up with Russia-originated aluminium up to 67% despite war.

According to the latest reports, the share of Russian aluminium stocks on the LME-approved warehouses has continued to increase, despite Moscow's troubles with the rest of the world over the Ukraine War, and now accounting for 65% of the total stocks in August, 2024. The share of aluminium from India is 31%, while China is doing strongly in Copper inventories at 56% in the LME warehouses.

While African suppliers from origins like Nigeria are competing in base metals such as remelted aluminium series to Japan ports, the continent is also ramping up supply in battery metals with investments in Lithium for exports.

Source: AL Circle

Address

Lagos
Lagos

Telephone

+2348162688922

Website

http://www.igunafrica.com/

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