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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In Eurozone, the Netherlands stands as the sixth-largest economy and the fifth-largest exporter of goods. The country is renowned for its open trade policies and consequently to the global economic conjuncture. In the last few years, the recovery in Europe has allowed the Dutch economy to grow at a dynamic pace, while trade uncertainty at the global level, the Brexit process and most vital of all is the spread of the COVID-19 pandemic caused the Dutch economy to contract heavily in 2020. The north-western European nation’s import of aluminium stranded wires during 2019-20 recorded at 11,299 tonnes and the revenue expended for the import stood at $33.26 million. The import for 2021 has been estimated to remain at 9347 tonnes and the expenditure to stand at $28.67 million. Netherlands...
Three-month LME aluminium fell 0.64% to close at US$2,171 per tonne on Friday, with open interest rising to 726,000 lots. SMM expects the contract to fluctuate between US$2,100-2,160 per tonne today. As of Friday, March 12, LME aluminium cash (bid) price stands at US$ 2139 per tonne, LME official settlement price stands at US$ 2139 per tonne; 3-months bid price stands at US$ 2166 per tonne, 3-months offer price is US$ 2166 per tonne; Dec 22 bid price stands at US$ 2203 per tonne, and Dec 22 offer price stands at US$ 2203 per tonne. The LME aluminium opening stock stood at 1923025 tonnes. Live Warrants totalled 1713600 tonnes, and Cancelled Warrants were 209425 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2164.50 per tonne. SHFE Aluminium Price Trend Benchmark...
Aluminium Stewardship Initiative has announced the joining of Alcomet in ASI as a new Production & Transformation member. This brings the total number of ASI members to 161. Alcomet AD is a leading Bulgarian manufacturer of aluminium rolled and extruded products. It offers a large variety of foils, sheets, strips, and profiles, with a total turnover exceeding 180 million euro. The company incessantly strives to upgrade existing facilities to the latest technological standards by acquiring new technologies. Meeting challenging demands from clients, while ensuring health and safety at work, protecting the environment, and mitigating the environmental footprint is the key focus of Alcomet. The technical and technological solutions employed are of the highest level and guarantee a high degree...
On 14 th March 2021, the protest of the workers of Mythri Infra Limited Company at Kodingamali under Laxmipur block in the district has crossed 45 days, as discussions among multiple stakeholders pursued to remain inconclusive regarding their retrenchment and demand of minimum wages as per the labour norms. Odisha Mining Corporation has subleased the Kodingamali bauxite mine to Mythri Infra Ltd. The workers under the banner of (KKSS) Kodingamali Khani Shramik Sangathan (Kodingamali mine labour association) have been continuing their strike in front of the Collectorate for the last one and half month voicing allegation that the company is not following the wages payment rules and other facilities as per mining sector norms. “However, the demands of the workers have so far fallen on deaf...
According to the Shanghai Metals Market, A00 aluminium ingot price has opened the week on Monday, March 15, with the third consecutive day of growth by RMB 250 per tonne to RMB 17,620 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 17,600 per tonne and RMB 17,640 per tonne, with spot contract to be traded at a premium price of RMB 20-20 per tonne, up by RMB 30 per tonne from the previous day. In Wuxi, A00 aluminium ingot price has surged the highest by RMB 295 per tonne to RMB 17,630 per tonne, followed by the rise of RMB 250 per tonne in Foshan, Hangzhou, and Shenyang to stand at RMB 17,620 per tonne, RMB 17,630 per tonne, and RMB 17,585 per tonne, respectively. In Gongyi and Linyi, primary aluminium ingot price has increased by RMB 210...
Jupiter Aluminum has been against the Aluminium Stewardship Initiative (ASI) Chain of Custody Standard Certification for its scrap re-melting, cold rolling, annealing, and finishing operations in Hammond, Indiana, as well as its two coil coating facilities located in West Virginia and Indiana, USA. The company melts scrap aluminium to produce common alloy coils for North American markets. The ASI Certification program is the only comprehensive voluntary sustainability standard initiative for the aluminium value chain. The program was developed through an extensive multi-stakeholder consultation process. The independent, third-party audits of the Jupiter Aluminum plants were carried out by DNV GL. Fiona Solomon, Chief Executive Officer at ASI said, “We warmly congratulate Jupiter Aluminum...
The West African nation Ghana, where women are still counted minority in the construction sector. Despite all the odds, Iddrisu Kande opted to venture into aluminium fabrication and her firm Marouf Aluminum Fabrications, participates in the fight against unemployment. In Ashaiman, a large town in the Greater Accra region of South Ghana, Iddrisu Kande, a craftswoman and entrepreneur, has carved out a place for herself in construction, a sector generally dominated by men. Iddrisu’s company Marouf Aluminum Fabrications (MAF) designs and develops custom made aluminium frames for sliding doors and windows, slatted windows, balustrades, projection windows, partitions and hinged doors among others. Iddrisu, who used to play soccer and after countering an injury during a match, her brother...
Vedanta has cut its aluminium products price for the second day in a row. With effect from Saturday, 13 March 2021, the prices of some aluminium ingots are in the range of INR 179,000-192,000 per tonne, marking a decrease of 1.1% or INR 2,000 per tonne from INR 181,000-194,000 per tonne on March 9. The company’s billet price now stands at INR 187,000 per tonne on Saturday, 13 March 2021. This is down by INR 2,000 per tonne from INR 189,000 per tonne on March 9. 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...
British metal tycoon Sanjeev Gupta’s GFG Alliance has initiated negotiations with Grant Thornton, the administrators of collapsed Greensill Capital, over a “standstill agreement” between the two parties. It has come followed by the court filings submitted a few days back which unfolds that Greensill’s biggest client, GFG Alliance defaulted on repayments to the boutique financial firm. As per the industry sources, Gupta’s GFG Alliance could owe up to £3 billion to the lender. The source also came up with a report that Sanjeev Gupta delivered an internal communication to staffs that there were “constructive discussions” between the two sides. “A formal deal would put on hold arrangements between the two parties and allow both sides more time to assess and negotiate next steps,” the message...
The global leader in aluminium engineering, manufacturing and innovation Gränges has announced the appointment of Sofia Hedevåg to be a member of Gränges’ Group Management and report to CEO Johan Menckel. Presently Sofia holds the position of SVP Sustainability at Gränges AB and since 15 th May’20, she has been a member of Gränges’ extended Group Management. Camilla Weiner, SVP Corporate Responsibility & Communication, who has been a member of Gränges’ Group Management since 2019, is stepping out of Gränges to continue with assignments in her own business. However, it has been notified that all the changes above will be effectuated from 1 st April 2021. Johan Menckel, CEO Gränges AB, said: "We have created a new position in Gränges’ Group Management with global responsibility for...
The mine safety regulator of Western Australia is investigating the leakage of seven million litres of potentially toxic material gushed from a tank at Alcoa’s alumina refinery this week. On 9 th March 2021, the incident took place at the American industrial giant’s alumina refinery in Wagerup, 120 kilometres south of Perth. As per our sources, the material leakage from a tank came to Alcoa’s knowledge at late night. However, no employees were in the zone at the time and the clean-up of the site was commenced immediately. On 12 th March 2021, Alcoa engaged the Department of Mines, Industry Regulation and Safety and inspectors on-site to investigate. Alcoa stated that the potentially alkaline mining process material had escaped through a hole in the bottom of a tank in a report to the...
The American multinational automaker, Ford Motor Company and the global leader in additive manufacturing technology providing industrial 3D printing systems and services, ExOne claimed a revolution in binder jet 3D printing for the automotive industry following a successful alliance to develop a process for the binding and sintering of 6061 aluminium parts, continuing its mission to make 2021 "the year of binder jet”. The process is patent-pending and is said to deliver properties equivalent to that of die casting with high densities greater than 99% and is expected to “increase Ford’s efficiency” by taking advantage of the binder jet’s speed along with the part complexities, weight and part count reductions afforded by additive manufacturing. Both the organisations are all set to file...
The economy of Japan staged better than expected in December’20 quarter, but the recovery movement is at a low pace and economists predict the country’s economy to contract again on the running quarter due to a second state of emergency to restrict the spread of the coronavirus. The island nation in the East Asia region has recorded 95,782 tonnes of export of aluminium foil during 2018-19 and the revenue generated through this export stood at $1.09 billion. The export for 2020 remained at 81,928 tonnes and the revenue earnings accounted for $738.80 million. However, when the export volume and earnings for 2020 gets assorted with the existing two years, it signifies 177,710 tonnes and $1.83 billion respectively. Japan’s export for aluminium foil in 2018 reflected 26,709 tonnes and the...
Aluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, held its first Annual General Meeting (AGM) through virtual platforms. The AGM approved the non-distribution of cash dividends to the shareholders and transfer BD9,755 Thousand - the Net Profit for the year-ended 31 December 2020, to the Retained Earnings. The minutes of the previous Annual General Meeting were also discussed and approved. The Report of the Board of Directors for 2020 was approved while the External Auditors’ Report for the Financial Statements for 2020 was reviewed. “Approvals were also given to the recommendation of the Board of Directors’ total remuneration of BD210,000 for the year-ended 31 December 2020 and subject to the approval of the Ministry of Industry, Commerce and Tourism,” Alba said....
UCASE, the Union of Clerical, Administrative and Supervisory Employees said that it has served a 14-day ultimatum to the management of UC Rusal Alumina Jamaica Limited post negotiations with the company became motionless. As per the statement from UCASE, the bauxite mining company on 10 th March 2021 refused to address the 27 points listed in a claim that was served to the company on October’ 20. The Moscow, Russia headquartered UC Rusal is one of the largest processors of bauxite, alumina, aluminium and UC Rusal Alumina Jamaica Limited is its subsidiary. UCASE said: “The claim was served on behalf of 600 production workers at the company's mining and alumina processing facilities at Ewarton Works, Swallenberg, Port Esquivel and Kirkvine and is retroactive to 4 th November 2019 and is due...
SMM aluminium ingot price registers a hike for the second day in a row. The price stands at RMB 17370 per tonne on Friday, March 12 2021. This is a growth of RMB 10 per tonne from Thursday’s price of RMB 17360 per tonne. The price is expected to move within a range of RMB 17350-17390 per tonne. In Foshan, the price has increased by RMB 20 per tonne to stand at RMB 17370 per tonne on Friday, March 12 2021. In Wuxi and Hangzhou, the price has inched down by RMB 35 per tonne and RMB 25 per tonne to stand at RMB 17335 per tonne and RMB 17375 per tonne. Aluminium ingot prices in Chongqing, Shenyang and Tianjin have declined to stand at RMB 17325 per tonne, RMB 17335 per tonne, and RMB 17350 per tonne. The price in Tianjin and Gongyi remained unchanged at RMB 17370 per tonne and RMB 17260 per...
Three-month LME aluminium rose 0.92% to close at US$2,185 per tonne on Thursday, with open interest rising to 716,000 lots. SMM expects the contract to trade between US$2,100-2,200 per tonne today. As of Thursday, March 11, LME aluminium cash (bid) price stands at US$ 2159per tonne, LME official settlement price stands at US$ 2159 per tonne; 3-months bid price stands at US$ 2181.50 per tonne, 3-months offer price is US$ 2181.50 per tonne; Dec 22 bid price stands at US$ 2227 per tonne, and Dec 22 offer price stands at US$ 2227per tonne. The LME aluminium opening stock stood at 1608675 tonnes. Live Warrants totalled 1409000 tonnes, and Cancelled Warrants were 199675 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2190.92per tonne. SHFE Aluminium Price Trend Benchmark...
The mining ministry has lately released the National Non-Ferrous Metal Scrap Recycling Framework 2020, covering key non-ferrous metals like Aluminium among others. The framework has been released with the intent to promote a formal and well-organized recycling ecosystem in the country which is presently hugely unorganized and highly dependent on imported scrap. It also focuses to produce high-quality scrap for quality secondary production, while reducing the dependence on imports and encourage economic wealth creation, job creation and increased contribution to GDP through metal recycling. The upcoming vehicle scrappage policy for automobiles has also given the drive to build this framework at the backdrop and it will secure abundant availability of domestic scrap in the country. The...
