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...
Grow with
AL Circle
The GCC countries have drawn all the attention of the global aluminium industry with record production of aluminium in 2020. The output surpassed the 6 million tonnes milestone for the first time ever, in a year that witnessed historic odds and challenges due to the unprecedented COVID-19 outbreak. According to the recent statistic of the Gulf Aluminium Council (GAC), five primary aluminium producers in the GCC collectively produced 6,115,408 tonnes of high-quality aluminium in 2020 for both the domestic and overseas markets, registering an increase of 353,554 tonnes or 6 per cent from 5,771,854 tonnes in 2019. Let us now look into the five producers that helped the GCC countries achieve the new milestone: Aluminium Bahrain’s Line 6 full capacity primarily drove the record production of...
On 26 th January 2021, OP Financial Group, one of the largest financial companies in Finland stated that it expects the Finnish economy to grow by 3% in 2021 and by 2.6% in 2022. Reijo Heiskanen, OP Financial Group's Chief Economist said: "The economic outlook is very clear. There will be stronger recovery as the COVID-19 pandemic wanes as a result of large vaccination coverage. Of course, there is still uncertainty related to the development of the pandemic itself. However, uncertainty concerning the economy will grow only after the boost following the recovery from the COVID-19 crisis is nearly over.” The Northern European nation’s import of aluminium tubes and pipes during 2018-19 recorded at 2321 tonnes and the expenditure amounted towards the import was $9.61 million. The import for...
McLaren, the motor company that exists to create breath-taking performance road cars and delivers the most thrilling driving experiences has unveiled its first ‘clean sheet’ supercar since the game-changing 12C a decade ago, replacing almost every facet of its V8-engined Sports and Super Series models with an all-new design now rolls-out Artura in the age of electrification. Artura, the plug-in hybrid with a governed 205mph (330kph) top speed and 3.0sec 0-60mph/100kph acceleration is now available to order with a base price of £185,500. Apart from its explosive performance, it can cruise for up to 19 miles on battery power alone and its combined fuel economy exceeds 50mpg. The Artura weighs just 27kg more than a 720S even though its 671bhp powertrain consists of a newly designed...
Benchmark aluminium price on the London Metal Exchange edged slightly lower to US$ 2077 per tonne on Tuesday, February 16, from US$ 2079 per tonne on Monday. LME aluminium cash (bid) price and LME official settlement price slipped by US$ 2 per tonne on Tuesday, February 16, to stand at US$ 2077 per tonne. 3-months bid price and 3-months offer price, however, recorded a hike of US$ 3.5 per tonne to clock at US$ 2086 per tonne. Dec 22 bid price and Dec 22 offer price came in at US$ 2147 per tonne, up by US$ 4.5 per tonne from US$ 2142.50 per tonne. The LME aluminium opening stock decreased from 1379325 tonnes to 1372475 tonnes on February 16. Live Warrants totalled 1131850 tonnes, while Cancelled Warrants stood at 240625 tonnes. LME aluminium 3-months Asian Reference Price hovered around...
Leonardo DiCaprio, the eminent Hollywood celebrity who acted in movies like Titanic, Blood Diamond and many other movies, has called on the Govt. of Ghana to ensure the 'Atewa Forest' remains safe. On his Twitter handle, the world-renowned actor indicated that the Forest in Ghana is one of the Earth's irreplaceable places keeping the planet alive. The Atewa Range Forest Reserve, located in the south-eastern region of Ghana, is the home to more than 1,000 species of plants, 230 species of birds, 570 species of butterflies, and more than 50 species of mammals, most of whom are endangered. The forest is chronicled as a crucial biodiversity zone critical to the persistence of global biodiversity and the overall health of the entire planet Earth. In 2016, the Govt. of Ghana declared that it...
The owners of Aluchemie, Rio Tinto and Hydro’s strategic review governed that it is not feasible to make the ongoing investments required to pursue the operations of the stand-alone anode production plant in Rotterdam, Netherlands, due to its weak competitive position and challenging market conditions Consequently, anode production at Aluchemie is expected to conclude towards the end of 2021. However, a consultation process with the relevant European works councils and union representatives will now commence on the planned closure. Alf Barrios, CEO, Rio Tinto Aluminium, said: “We have carefully considered options to make Aluchemie competitive, however, the investments required to continue operations are not viable. We recognise this will impact employees and the community, and our focus...
On 15 th February 2021, Renergen, South Africa’s emerging domestic natural gas and helium producer displayed Cryo-Vacc, its Covid-19 transportation solution. The Cryo-Vacc, made from aluminium has been designed to keep Covid-19 vaccines ultra-cold during transportation for up to 30 days, permitting the vaccines to be transported over longer distances and to reach remote areas. Renergen admitted: “The Cryo-Vacc has a temperature range of -150 ºC to 8 ºC, making it highly versatile for a range of vaccines.” “The solution is intended to simplify the logistics of moving vaccines at extremely cold temperatures of between -70 °C and 8 °C for more than four weeks, and without the need for any power supply.” Combined with best-in-class cold chain monitoring and asset tracking technology from...
Aluminium powder has a range of uses at both the commercial and individual levels, which includes making explosives and fireworks, metallic paints, fingerprint powder at crime scenes, rocket fuels, etc. Slovenia’s macro-economic outlook projected recovery in 2021 and the economy is expected to return to its end-2019 level in 2022. Priorities for Prime Minster Janez Jansa’s government are to win the fight against the coronavirus epidemic and revive the economy after the deep contraction in 2020. The central European nation known for its mountains has been reported with the export of 6019 tonnes of aluminium powder and flakes during 2018-19 and the export for 2020 stood at 2853 tonnes. Slovenia’s export of aluminium powder and flakes in 2018 was recorded at 3195 tonnes and the revenue...
Benchmark aluminium price on London Metal Exchange increased by 0.14 per cent to US$ 2079 per tonne on Monday, February 15, from US$ 2076 per tonne on Friday. As of Monday, February 15, LME aluminium cash (bid) price stands at US$ 2079 per tonne, LME official settlement price stands at US$ 2079 per tonne; 3-months bid price stands at US$2082.50 per tonne, 3-months offer price is US$ 2082.50 per tonne; Dec 22 bid price stands at US$ 2142.50 per tonne, and Dec 22 offer price stands at US$ 2142.50 per tonne. The LME aluminium opening stock stood at 1379325 tonnes. Live Warrants totalled 1137900 tonnes, and Cancelled Warrants were 241425 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2092 per tonne. SHFE Aluminium Price Trend China market is closed for the Chinese New...
The Norwegian Aluminium company and one of the largest in the world, Hydro has appointed Helena Nonka as Executive Vice President for Corporate Development. Nonka will report to President and CEO Hilde Merete Aasheim and will join the Corporate Management Board. She will sit on the new position from 1 st April 2021, replacing Arvid Moss, who has been acting in this newly established role since mid-2019. Helena Nonka is an experienced executive with a global career spanning more than 20 years in the natural resources industry, professional services, consulting, and academia. Helena Nonka comes from a role as the global head of new business for natural resources at Switzerland-based SGS. From 2007 to 2019, Nonka worked for Rio Tinto, where she held several senior commercial and leadership...
The Qatari Public Shareholding Company, Qatar Aluminium Manufacturing Company (Qamco) has reported a net profit of QR 95 million. The aluminium company has proposed a dividend distribution of QR195.3mn, representing a payout ratio of 206% of 2020’s net earnings, equivalent to 3.5% cash dividend or QR0.035 per share. In 2020, Qamco’s revenue amounted to QR2.2 billion. Sales volumes were marginally higher than in 2019, as its joint venture swiftly shifted the production to standard ingots (SI), as the demand for value-added products and alloys used by various industries declined during the peak of pandemic due to lockdowns and lack of industrial activity. The steering of production volumes rapidly from VAP to SI supported in securing the maximum sales volumes. However, plunge in VAP volumes...
On February 15, 2021, Maan Aluminium has reported net sales/income from operations at INR 96.53 crore for the December quarter in 2020. This is up by 3.63 per cent quarter-on-quarter from 93.15 crore but down by 23.45 per cent year-on-year from INR 126.10 crore. Net profit during the same quarter stood at INR 4.57 crore, reflecting an increase of 36 per cent over the quarter and 251.54 per cent on year. In the September quarter of 2020, Maan Aluminium’s net profit was at INR 3.36 crore and in the December quarter of 2019, it was at INR 1.30 crore. EBITDA stood at INR 7.97 crore at the end of the December quarter of 2020, up 107.01 per cent from INR 3.85 crore during the corresponding period last year. Maan Aluminium’s EPS also increased from INR 1.92 in the December quarter of 2019 to INR...
ISAL aluminium smelter in Iceland will expected continue operating with an improved competitive position as Rio Tinto has entered an agreement on an amended power contract. The agreement has been signed with power supplier Landsvirkjun for a more competitive power price and energy flexibility that is mutually beneficial for both ISAL and Landsvirkjun. Rio Tinto Aluminium chief executive Alf Barrios said: “We are pleased to have reached an agreement on a power price that, coupled with improved efficiencies we have delivered at the site, makes ISAL more competitive.” He also said, “This provides a stronger footing to continue operations at the smelter and gives increased security for the team at ISAL, who have been doing an outstanding job in challenging conditions. We will continue to work...
National Aluminium Company Limited (NALCO) increased its aluminium ingot and aluminium products prices for the second consecutive time last week on Saturday, February 13, albeit slower than on February 10. The company’s aluminium ingot price was raised by INR 2,200 per tonne to INR 174,450 - 177,950 per tonne, compared to the hike of INR 4,600 per tonne to INR 172,250 - 175,750 per tonne on February 10. NALCO’s aluminium wire rod price, as of February 13, came in at INR 177,950 - 182,300 per tonne, also up by INR 2,200 per tonne from INR 175,750 - 180,100 per tonne. Aluminium billets price stood at INR 177,900 - 180,550 per tonne against INR 175,700 – 178,350 per tonne on Thursday. NALCO, like any other Indian aluminium producers, links its aluminium ingot and aluminium products prices to...
Dr Sakoba Keita, Head of Guinea's National Health Security Agency, said: “Guinea has entered an Ebola ‘epidemic situation’ with seven cases confirmed, including three deaths.” On 14 th February 2021, the health officials confirmed that at least three people have died in Guinea and several others have tested positive for the hemorrhagic fever, prompting authorities to declare an outbreak of the Ebola virus. Buona Yattassaye, Deputy Head of the National Health Security Agency, said: “All patients from N’Zerekore in the southeast of the country were hospitalized, one of them in the capital Conakry.” Guinea, the land of bauxite, world’s largest exporter of the aluminium ore and ranks second in producing bauxite keeping China behind was the epicentre of the 2014-16 Ebola epidemic that killed...
The Greek Economy Outlook for 2021 resembles the continuation of the pandemic is developing a barrier towards predictions, which is almost impossible about the course of the Greek economy. Notwithstanding, the effort of the government to facilitate recovery is being heightened and will significantly be based on European funds. Greece has the opportunity to benefit not only from the standardized National Strategic Reference Framework (NSRF) but also from the EU Recovery Fund while is also receives sums from instruments such as the Unemployment Risks in an Emergency (SURE). The Southeastern European nation’s import of aluminium stranded wire in 2018-19 records at 3764 tonnes and the expenditure accounted for the import remained at $6.45 million. The import for 2020 stood at 3350 tonnes and...
The United States exports of aluminium plates, sheets and bars to Canada decreased in November 2020 after two consecutive months of hike, found the latest US Geological Survey data. In November, the exports stood at 25,200 tonnes, down by 3,600 tonnes or 12.5 per cent month-on-month. In October, the exports came in at 28,800 tonnes, reflecting an increase of 1,500 tonnes or 5.49 per cent from 27,300 tonnes in September. The exports in August were at 25,700 tonnes, meaning September saw a month-on-month rise of 6.22 per cent. On a year-on-year basis, the United States aluminium flat rolled products exports to Canada stood down by 6.32 per cent from 26,900 tonnes. The United States total aluminium plates, sheets and bars exports amounted to 56,000 tonnes in November 2020, recording a...
Hindalco Industries Limited has hiked its aluminium products price by INR 1750 per tonne. With effect from Thursday, 11 February 2021, wire rods price stands at INR 185,350 per tonne, an increase of 0.95%from INR 183,600 per tonne on February 10. The company is selling its aluminium billets and aluminium ingot at INR 181,350 per tonne and INR 174,250 per tonne as of Thursday, 11 February 2021, representing a hike of INR 1750 per tonne each from February 10. 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 operations of the company, excluding those of its US arm Novelis Inc,...
