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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Australia-based aluminium extruded product manufacturing company Capral Aluminium has reported its annual turnover for the 12 months of 2020 ended on December 31 at $432 million. Trading EBITDA stood at $19.7 million compared to $11 million in FY2019. For the second half of FY2020, Capral reported trading EBITDA of $13.9 million, attributing to strong sales performance, improved operating leverage, and sales realised from business initiatives. Sales volumes were up by 7.6 per cent on the prior period to 61,000 tonnes with buoyant conditions in the second half of FY2020. Capral also posted a strong balance sheet with net cash of $49.4 million, buoyed by improved market conditions in the residential building sector on the back of the government stimulus. Capral also noted in the report that...
Three-month LME aluminium fell 1.67% to close at US$2,121 per tonne on Monday, with open interest falling to 705,000 lots. SMM expects the contract to trade between US$2,000-2,180 per tonne today. As of Monday, March 1, LME aluminium cash (bid) price stands at US$ 2154.50per tonne, LME official settlement price stands at US$ 2154.50 per tonne; 3-months bid price stands at US$ 2165.50per tonne, 3-months offer price is US$ 2165.50 per tonne; Dec 22 bid price stands at US$ 2218per tonne, and Dec 22 offer price stands at US$ 2218 per tonne. The LME aluminium opening stock stood at 1316800 tonnes. Live Warrants totalled 1094275 tonnes, and Cancelled Warrants were 222525tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2163.05 per tonne. SHFE Aluminium Price Trend...
In East & Central Europe, alumina production in January 2021 stood at 410,000 tonnes, recording a downfall of RMB 6,000 tonnes or 1.44 per cent month-on-month, found the International Aluminium Institute. In December 2020, alumina production in East & Central Europe increased 3.48 per cent month-on-month from 402,000 tonnes to 416,000 tonnes. On a year-on-year basis, East & Central Europe’s alumina output in January 2021 grew by 29,000 tonnes or 7.6 per cent from 381,000 tonnes. In the entire year of 2020, alumina production in East & Central Europe totalled 4.597 million tonnes, up by 3.37 per cent from 4.447 million tonnes. In West Europe, however, alumina production rose 3,000 tonnes or 0.63 per cent over the month to 479,000 tonnes in January 2021. In December 2020, the output stood...
A00 aluminium ingot price has continued to be on a downturn on Tuesday, March 2, to come below RMB 17,000 per tonne, found the Shanghai Metals Market. According to SMM data, the price has shrunk by RMB 150 per tonne to come in at RMB 16,900 per tonne. The average prices are expected to range between RMB 16,880 per tonne and RMB 16,920 per tonne, with spot contract to be traded at a premium price of RMB 50-10 per tonne, up by RMB 20 per tonne from the previous day. In Gongyi and Foshan, primary aluminium price has decreased by RMB 140 per tonne to RMB 16,790 per tonne and RMB 16,910 per tonne, respectively, while the price in Wuxi and Shenyang is down by RMB 135 per tonne to come in at RMB 16,915 per tonne and RMB 16,870 per tonne. In Chongqing and Hangzhou, A00 aluminium ingot price has...
The Norwegian Aluminium company, Hydro and the international accredited registrar and classification society, DNV GL headquartered in Høvik, Norway are initiating a blockchain pilot to document product representations for Hydro CIRCAL and Hydro REDUXA. Bjørn Kjetil Mauritzen, Head of Sustainability, Hydro, said: “We see that our customers and their customers request trusted information documenting the footprint from our materials and production. The aim of the pilot is to test a platform that supports manufacturers and brands to back their sustainability claims with verified data. This will allow them to trace the metal from the factory gates until it reaches the customer.” The emphasis on more sustainable products, standards and operations has increased dramatically in recent years....
The world's fourth-largest railway network by size, the Indian railway, has its first application of anti-corrosive zinc-aluminium metallizing alloy on the tracks to improve its service life and secure safety is expected to begin soon in the Nagpur, Maharashtra division of the Central railway. Following the approval by the research, designs and standard organization (RDSO) based in Lucknow, Uttar Pradesh, the alloy is being produced and applied at the Warora flash butt welding plant at Chandrapur. Built with 85:15 ratios, the newly-developed denser and more ductile zinc-aluminium metallizing alloy would outperform the earlier only zinc-based anti-corrosive coating on the web and foot of the rails. As per the feasibility studies, the newly-developed alloy is being considered highly...
RUSAL has made public that it has inked and started the drawdown of a syndicated loan agreement for RUB 45 billion with VTB and Gazprombank. The funds raised will be used to finance capital expenditure towards the completion of the first start-up complex of the Taishet aluminium smelter (TaAZ). Following the success of the first Russian sustainability-linked syndicated pre-export finance facility for $1 billion as part of the loan agreement, VTB will provide RUB 30 billion, whilst Gazprombank will provide RUB 15 billion. The tenure of financing is up to 15 years. The funds raised will be supported to finance the completion of the start-up phase of the TaAZ smelter and partial refinancing of investments made in 2020. Oleg Mukhamedshin, RUSAL’s Director of Strategy, Business Development and...
ALRO, one of the largest vertically integrated aluminium producers in Europe by production capacity, announced its preliminary consolidated financial results for FY2020, reporting a net profit of RON 329 million compared to a net loss of 67 million in the prior year and an EBIT higher by RON 300 million to RON 399 million. However, the turnover stood down by 9 per cent year-on-year at RON 2.5 billion. The increase in net profit was primarily due to the robust performance of ALRO’s wire rod and quantitative sales of extruded products, even amidst the COVID-19 pandemic. ALRO managed to implement comprehensive and effective measures to mitigate the COVID-19 impacts, while maintaining a continued flow of operations and ensuring health and safety of the employees. “The international business...
The workers of San Ciprián Aluminium smelter has unlocked the door followed by the meeting with Alcoa authorities in a possibility that the negotiations between the American multinational and the State, through the Sociedad Estatal de Participaciones Industriales ( SEPI ), reach an agreement for the sale of San Ciprián Aluminium plant before 30 th April 2021. The works council is clear that once SEPI has the ownership of the San Ciprián smelter, it will proceed to transfer it to the GFG Alliance conglomerate. A three-way operation in which, if no other move is made, the Pittsburgh giant will retain ownership of the alumina factory, whose shareholding shares with Australia's Alumina Limited, and the British group will end up acquiring the primary aluminium plant. However, with the on-going...
Constellium reported results for the full year ended December 31, 2020. In 2020, shipments were 1.4 million tons, a decrease of 10% compared to last year on lower shipments across each of our segments. Revenue stood at €4.9 billion, down 17% due to lower shipments as a result of the COVID-19 crisis and lower metal prices. Net loss came in at €17 million in 2020 compared to a net income of €64 million in 2019. Adjusted EBITDA of €465 million, down 17% on weaker results in the Aerospace & Transportation and Automotive Structures & Industry segments, partially offset by improved results in the Packaging and Automotive Rolled Products segment. Jean-Marc Germain, Constellium’s Chief Executive Officer said, “Constellium delivered resilient results in 2020 despite the significant challenges...
World alumina production in January 2021 stood at 11.687 million tonnes in January 2021, registering a month-on-month decline of 1.04 per cent, according to the International Aluminium Institute. In December 2020, world alumina production came in at 11.810 million tonnes, up by 3.18 per cent from 11.446 million tonnes in November 2020. On a year-on-year calculation, world alumina production in January 2021 stood 3.05 per cent higher than 11.341 million tonnes. In China, alumina production in January 2021 continued to stand at 6.20 million tonnes like in December 2020. On a year-on-year calculation, the output recorded 3.85 per cent hike than 5.97 million tonnes. In December 2020, China’s alumina production was up by 1.64 per cent from 6.10 million tonnes in November 2020. In the Oceania...
In 2019, Zambia’s real GDP growth decelerated to an estimated 2%, which was down from 4.0% in 2018. The economy was hit by drought in the south and west that lowered 2018/19 agricultural production and hydropower electricity generation considerably. Severe electricity rationing followed, and long periods of electricity load shedding dampened activity in almost all economic sectors. Zambia also faces slower mining, with reduced output and lower copper prices. Economic activity is expected to remain weak, with growth rebounding moderately to 2.4% in 2020 and 2.9% in 2021. The landlocked nation at the crossroads of Central, Southern and East Africa has recorded 1548 tonnes of aluminium wire import during 2018-19. The import for 2020 stood at 1258 tonnes. However, when the import volume of...
Hindalco Industries Limited has raised its aluminium products price by INR 7,250 per tonne. With effect from Friday, 26 February 2021, wire rods price stands at INR 196,600 per tonne. This is an increase of 3.83 per cent from INR 189,350 per tonne on February 24. The company is selling its aluminium billets and aluminium ingot price at INR 192,600 per tonne and INR 185,500 per tonne as of Friday, 26 February 2021, marking a hike of INR 7,250 per tonne each from INR 185,350 per tonne and INR 178,250 per tonne on February 24. 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. Aluminium...
National Aluminium Company Limited (NALCO) further expanded its aluminium products and aluminium ingot prices for the fifth consecutive time on Friday, February 26. Similar to the previous week, on February 19, the company raised its aluminium wire rod price by INR 5,400 per tonne to INR 185,250- 188,750 per tonne, as of February 26. With the latest hike, NALCO’s aluminium billets price came in at INR 188,700- 191,350 per tonne, also up by INR 5,400 per tonne from INR 183,300 – 185,950 per tonne on February 19. NALCO’s aluminium ingot price hovered INR 185,250- 188,750 per tonne on February 26 compared with INR 179,850 – 183,350 per tonne on February 19. NALCO, like any other Indian aluminium producers, links its aluminium ingot and aluminium products prices to the three-month futures of...
Prebaked anode price in East China market has edged higher by RMB 215 per tonne after remaining flat at RMB 3687.5 per tonne since February 1. As of Monday, 01 March 2021, prebaked anode price is currently hovering at RMB 3902.5 per tonne and is expected to range to RMB 3605-4200 per tonne. The average prices of prebaked anode in Central, Southwest and Northwest China markets remain unchanged at RMB 3700 per tonne, RMB 3822.50 per tonne, and RMB 3975 per tonne respectively. SMM aluminium ingot price has dropped to RMB 17050 per tonne on Monday, 01 March 2021 from its earlier price of RMB17270 per tonne. This records a decline of RMB 220 per tonne. The price is expected to move within a range of RMB 17030-17070 per tonne. The aluminium alloy (ADC12) price is down by RMB 100 per tonne to...
Three-month LME aluminium fell 2.77 per cent to close at US$ 2157 per tonne on Friday, with open interest rising to 707,000 lots. It is expected to trade between US$ 2050-2250 per tonne today. The influence of overseas macro liquidity and guiding indicators such as US dollar index and crude oil on LME metals should continue to be monitored. LME aluminium cash (bid) price and LME official settlement price decreased by US$ 20.50 per tonne to close the week at US$ 2202.50 per tonne on Friday, February 26. 3-months bid price and 3-months offer price stood at US$ 2202.50 per tonne as well, declining US$ 24.50 per tonne from US$ 2227 per tonne. Dec 22 bid price and Dec 22 offer price hovered around US$ 2250.50 per tonne compared with US$ 2272.50 per tonne on February 25. The LME aluminium...
The Indonesian state-owned company specialized in aluminium smelting, PT Indonesia Asahan Aluminium, colloquially known as Inalum has budgeted a capital expenditure of $ 318 million for 2021. The investment will be major to finance several downstream projects and increase aluminium production capacity. Oggy Achmad Kosasih, Managing Director, PT Inalum (Persero) accented: “The CAPEX of $ 318 million was used for Inalum as operating capital, not on a consolidated holding basis (MIND ID). This year's Capex is also a continuation of the CAPEX that was not absorbed last year.” "In 2020 several work contracts that have been agreed upon cannot be executed due to limitations in entry and exit between regions and between countries due to the Covid-19 pandemic. So that the realization of the CAPEX...
On 26 th February 2021, CSIR stated that the process technology developed by the Council of Scientific and Industrial Research–Indian Institute of Chemical Technology for the agonist (binder) molecule is playing a key role in the production of India's indigenous COVID-19 vaccine Bharat Biotech’s ‘Covaxin’. CSIR said: "The vaccine is formulated with Algel-IMDG, which contains chemisorbed TLR7/8 agonist onto aluminium hydroxide gel to generate the requisite type of immune responses.” CSIR added: “Owing to the significant role played by TLR7/8 agonist molecule in the performance of a vaccine, CSIR constituent lab, IICT based in Hyderabad was approached by Bharat Biotech to develop the synthetic route for the agonist molecule with indigenous chemicals at an affordable price and with the...
