Iran is expanding its domestic aluminium manufacturing capabilities through nanostructured anodising technology, developing specialised aluminium sheets and profiles for applications across aerospace, medical equipment, electronics and automotive industries. The initiative reflects a move towards higher-value aluminium products by improving the metal's surface properties and expanding its potential industrial applications. According to Pars Today, citing Mehr News Agency, an Iranian aluminium complex is using the technology to produce aluminium components with nanostructured ceramic coatings designed to improve resistance to corrosion and wear. The complex is also working on developing specialised aluminium standards and has so far established eight standards in this field. The...
Amazon's Kindle made of aluminium introduces recycled aluminium into its entry-level e-reader range, highlighting the metal's growing application in consumer electronics. The aluminium-backed model combines a rigid metallic construction with a matte finish, built-in magnets for folio covers and a design that allows users to replace the battery. Compared with the standard plastic Kindle (2026), the aluminium version also offers additional storage and an ad-free lock screen. The Kindle made of aluminium features a rigid, matte-finished metal chassis that provides a premium appearance while eliminating body flex and naturally resisting oily fingerprint marks. Its construction incorporates built-in magnets on the back for attaching snap-on folio covers, while accessible external Torx screws...
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Swedish rolled aluminium firm Gränges AB has reported its full-year results for 2020, saying that it has been a challenging yet productive year in many ways. The company’s sales volume increased, although marginally by 0.9 per cent, to 350.6 kilo tonnes versus 347.3 kilo tonnes in 2019. Gränges accomplished sustainability achievements like significantly reducing carbon emissions and increasing the adoption of renewable energy. Gränges said that it reduced total carbon emissions by 8 per cent from 2019 levels and 18 per cent from 2017 baseline levels, largely due to the higher use of recycled aluminium. The firm increased using recycled aluminium to 22.5 per cent of its total sourced metal inputs and grew the usage of renewable energy to 13 per cent of its total consumption. Johan Menckel,...
The British commodity tycoon, Sanjeev Gupta's GFG Alliance in 2018, obtained a loan from Singaporean multinational commodity trading company, Trafigura by agreeing with a six-year deal to sell aluminium to the world’s leading independent commodity trader at a discount to market prices, as it has been confirmed from the two industry professionals with direct knowledge of the agreement. The loan was materialised to support purchase financing of Europe's largest aluminium smelter at Dunkirk, France, by GFG's Liberty House in December 2018, as per the sources. The industry experts also added: “The agreement, which has not previously been made public, suggests that the Dunkirk plant is less exposed to wider financing problems faced by GFG Alliance because, unlike other parts of the...
Three-month LME aluminium edged 2.23 per cent higher on Monday, March 15, to close at US$ 2220 per tonne but fell the next day, March 16, by 1.1 per cent to come in at US$ 2195 per tonne, with open interest rising to 744,000 lots. On Wednesday, the price again rose to 1.66 per cent to US$ 2232 per tonne; however, declined on Thursday to US$ 2115 per tonne. LME aluminium cash (bid) price and LME official settlement price increased this week during March 15-19 but range-bound. Starting the week on Monday, March 15, at US$ 2184.50 per tonne, the prices on March 16 declined US$ 10 per tonne to stand at US$ 2174.50 per tonne. However, on March 17, both LME aluminium cash (bid) price and LME official settlement price rebounded to US$ 2,202.50 per tonne, reflecting a hike of US$ 28 per tonne. On...
CCL Label has reportedly launched CANtastic – a new type of aluminium can packaging, which comes with specially-designed Sleeve & Label composition that fully covers the top of the can for hygienic drinking experience. During the present COVID crisis, when packaging plays an important role in maintaining hygiene in the food and beverage industry, the newly launched cans are well-protected against all kinds of possible contaminations while being designed to fit into the brand's image. Fully recyclable, the aluminium cans will be detected and sorted in the recycling plant with most of the sleeves still on. The sleeves will be burnt off in aluminium recycling process because of the high temperatures. In no case, the sleeve material will cause hindrance in the recycling process. Reinhard...
The UK based firm, Dudley's Aluminium has bagged a multimillion-pound project at Finzels Reach, Bristol’s mixed-use development. The Cardiff based aluminium fabricator has won the £2.4 million contract with Willmott Dixon to work on the Halo project. Halo is a short walk from Castle Park, Cabot Circus and Bristol Old City, which is located within Finzels Reach. The scheme has sustainability at its heart and embraces new public realm initiatives that prioritise pedestrians, cyclists and the natural environment. The office accommodation is the latest project in the development of Finzels Reach that the fabricator has been involved with, having previously worked with Willmott Dixon on the Aurora office complex. Dudley's Aluminium will plant a range of Kawneer products throughout the build...
Norwegian aluminium and renewable energy company Hydro has reportedly appointed Therese Rød Holm as Head of Communication and Public Affairs. Holm will replace Inger Sethov with effect from May 1, as the latter will resign from Hydro to pursue new opportunities. Holm, in her new position as Head of Communication and Public Affairs, will report directly to President and CEO Hilde Merete Aasheim. Holm joined Hydro in 2014, and since then, she has been leading several senior positions both in Hydro Group and Hydro Extrusions. Besides, she also worked with other large companies across all main disciplines of communication and public affairs. Therese Rød Holm served the world’s leading seafood company Marine Harvest, now Mowi, as a communication manager during 2003-2011. Later she worked for...
The Japanese multinational conglomerate, Mitsubishi Corporation has announced that it has reached an agreement with Anglo-Swiss multinational commodity trading and mining company Glencore Plc to acquire a 30% stake in the Aurukun Bauxite Project in Australia. Presently, Glencore is the whole owner of the Aurukun Bauxite Project in Queensland, Australia. This marks the first investment from Mitsubishi in regards to bauxite mining, in addition to the global giant’s existing aluminium smelting and trading operations. Mitsubishi conducts business through investment and development of resources such as iron ore and aluminium, in addition to its core operations in metallurgical coal and copper, aspiring to improve global outcomes by contributing to the transition to a low-carbon/decarbonized...
Rusal’s primary aluminium and alloys sales in 2020 ended on December 31 stood at 3.926 million tonnes, reflecting a downfall of 5.99 per cent from 4.176 million tonnes a year ago. In the first half of the year ended on June 30, the sales hovered around 1.890 million tonnes, which improved by 7.7 per cent in the second half of 2020 to 2.036 million tonnes. However, on a year-on-year calculation, the sales in H2 registered a decline of 7.4 per cent from 2.198 million tonnes. This led to the downfall in company’s revenue for the full-year from US$ 9,711 million in 2019 to US$ 8,566 million. This was also due to a 5 per cent decrease in the average LME aluminium price from US$ 1,792 per tonne in 2019 to US$ 1,702 per tonne in 2020. Rusal’s profit for 2020 also decreased by 20.9 per cent...
According to the General Administration of Customs, aluminium imports in China increased by 150.7% year-on-year in January-February 2021 on higher aluminium prices. Imports of unwrought aluminium and products stood at 455,128 tonnes in the first two months of 2021, Customs data showed on Thursday, March 18 2021. The import was up from 181,500 tonnes in the first two months of 2021. In January, aluminium imports came in at 308,458 tonnes, an increase of 262% year on year while in February unwrought aluminium and products imports registered 146,671 tonnes. That marked an increase of 52.3%. China imported 17.06 million tonnes of bauxite in the first two months of 2021, a drop of 7.1% year on year, customs said. China reported a record amount of aluminium import in 2020 due to higher demand...
Argentina’s annual average inflation plunged to 41.5% in January 2021, which was 42.70% in December’20. As per the projection of FocusEconomics panellists, inflation to reach 48.0% in 2021, which is up 1.3 % points from last month's estimate, and 2022 at 36.6%. The nation located mostly in the southern half of South America has recorded export of 70,757 tonnes of aluminium wires in 2019-20 and the revenue earnings for the export stood at $149.67 million. Argentina’s export of aluminium wires in 2019 stood at 37,532 tonnes and the earnings remained at $83.45 million, whereas, in 2020 the export manifested de-growth by 11.47%, as the export volume shrunk to 33,225 tonnes and the earnings also dropped to $66.22 million. The export for 2021 has been predicted with a rise of 30.61%, as the...
Hindalco Industries Limited has again increased its aluminium products and aluminium ingot prices with effect from March 18 after an intermittent cut on March 17. The company’s aluminium wire rod price has been raised by INR 2,250 per tonne to INR 196,600 per tonne after being cut by INR 1,250 per tonne on March 17 from INR 195,600 per tonne to INR 194,350 per tonne. With the latest hike, Hindalco is selling its aluminium billets price at INR 192,600 per tonne, also up by INR 2,250 per tonne from INR 190,350 per tonne on Wednesday, March 17. Hindalco’s aluminium ingot price has come in at INR 185,500 per tonne with effect from March 18 compared to INR 183,250 per tonne on the previous day. This also reflects an increase of INR 2,250 per tonne or 1.23 per cent. Hindalco generally links its...
Three-month LME aluminium fell 0.76% to close at US$2,115 per tonne on Thursday, with stocks falling to 1,897,300 lots. SMM expects the contract to trade between US$2,190-2,220 per tonne today. As of Thursday, March 18, LME aluminium cash (bid) price stands at US$ 2192 per tonne, LME official settlement price stands at US$ 2192per tonne; 3-months bid price stands at US$ 2226.50 per tonne, 3-months offer price is US$ 2226.50 per tonne; Dec 22 bid price stands at US$ 2250 per tonne, and Dec 22 offer price stands at US$ 2250 per tonne. The LME aluminium opening stock stood at 1897300 tonnes. Live Warrants totalled 1514975 tonnes, and Cancelled Warrants were 382325 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2214.68per tonne. SHFE Aluminium Price Trend Benchmark...
On 18 th March 2021, DADA Holdings and Enervoxa’s rare earth elements and minerals extraction joint venture, ElementUS, announced that it has engaged Techint Engineering and Construction, to commence front end engineering design this month in conjunction with the Enervoxa and DADA engineering teams. ElementUS will extract valuable rare earth elements and minerals from bauxite residue at DADA’s alumina refinery in Gramercy, Louisiana. However, ElementUS will deploy Enervoxa technology to separate bauxite residue into its component materials, including several rare earth elements along with iron, titanium and alumina. The multi-integrated infrastructure and renewable energy construction company, Enervoxa, based in Canada with its operations worldwide. Enervoxa implements their very own core...
Alcoa Corporation signed new agreements with AGL, Alinta Energy and Origin for power supply to its Portland Aluminium Smelter in the Australian state of Victoria. The five-year contracts will commence on August 1, 2021, after its existing agreement with AGL expires on July 31, 2021. “The Australian Federal Government has committed, subject to approval, to provide up to $14.8 (A$19.2) million per year for four years to underwrite the smelter’s participation in the Reliability and Emergency Reserve Trader (RERT) scheme. The arrangement will recognize the smelter’s ability to rapidly shed load when required to help protect the power grid from unexpected interruptions when it is under duress,” Alcoa said. Portland Aluminium Smelter will continue to provide important market stability as more...
After about two weeks of restraint at RMB 2,332 per tonne, the average alumina spot price in China has inched up by RMB 6 per tonne to close the week on Friday, March 19, at RMB 2,338 per tonne, according to the Shanghai Metals Market. In Shanxi, alumina price has increased by RMB 10 per tonne to come in at RMB 2,340 per tonne, with average prices likely to range between RMB 2,330 per tonne and RMB 2,350 per tonne. In Henan, the price has gained RMB 5 per tonne to peg at RMB 2,335 per tonne. Average prices are likely to hover around RMB 2,330-2,340 per tonne. Australian alumina FOB price, on the other hand, has dwindled by US$ 5 per tonne to settle at US$ 289 per tonne, learned SMM. Among the other primary aluminium input costs, aluminium powder price has dipped by RMB 0.30 per kg to...
Vedanta has registered a hike of 1.32% in its aluminium products price on March18. With effect from Thursday, 18 March 2021, the prices of some aluminium ingots stand at INR 183,750-196,750 per tonne, an increase of 1.32% or INR 2,500 per tonne from INR 181,250-194,250 per tonne on March 17. The company is selling its billet at INR 191,750 per tonne on Thursday, 18 March 2021, indicating a growth INR 2,500 per tonne from INR 189,250 per tonne on March 17. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on LME has been increasing since October. The price has climbed nearly 14% in the October-December. Vedanta’s aluminium business typically accounts for one-third of the company’s...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China reduced by 3,900 tonnes from a week ago. The inventories came in at 232,900 tonnes as of Thursday March 18. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billets in Huzhou witnessed the highest drop. The stocks dropped by 5,000 tonnes from March 11 to stand at 24,000 tonnes on March 18. Stocks in Changzhou stood at 22,600 tonnes. That was down by 2,000 tonnes from March 11. Stocks of aluminium billets in Foshan, Wuxi and Nanchang built up by 800 tonnes, 2,100 tonnes and 200 tonnes from March 11 to stand at 110,600 tonnes, 62,900 tonnes and 12,800 tonnes on Thursday, 18 March 2021.
According to the Shanghai Metals Market, social inventories of primary aluminium have further expanded by 22,000 tonnes across eight major consumption areas in China, including SHFE warrants. Thus, the stocks this week, as of March 18, have come in at 1.25 million tonnes, compared to 1.23 million tonnes on March 11. Last week, the inventories had increased by 55,000 tonnes from 1.17 million tonnes on March 4. The chart below indicates the current status of primary aluminium inventories across China in more details: Primary aluminium inventories have grown the highest in Nanhai by 18,000 tonnes to come in at 332,000 tonnes on March 18, followed by the increase of 6,000 tonnes and 5,000 tonnes in Shanghai and Wuxi to 95,000 tonnes and 468,000 tonnes, respectively. In Hangzhou and Tianjin,...
