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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Benchmark aluminium price on London Metal Exchange slightly increased to US$ 2076 per tonne on Friday, February 12, from US$ 2075.5 per tonne on Thursday. As of Friday, February 12, LME aluminium cash (bid) price stands at US$ 2076 per tonne, LME official settlement price stands at US$ 2076 per tonne; 3-months bid price stands at US$ 2081 per tonne, 3-months offer price is US$ 2081 per tonne; Dec 22 bid price stands at US$ 2141.50 per tonne, and Dec 22 offer price stands at US$ 2141.50 per tonne. The LME aluminium opening stock stood at 1379975 tonnes. Live Warrants totalled 1145200 tonnes, and Cancelled Warrants were 234775 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2078.50 per tonne. SHFE Aluminium Price Trend China market is closed for the Chinese New Year...
According to a recent report, the Australian Government has delivered two more new special purpose aluminium fast boats to the Royal Soloman Islands Police Force (RSIPF). The 9.2 metre long plate aluminium hull longboats will assist the latter for maritime surveillance and support its delivery of remote policing. The new high-speed boats are able to operate in conjunction with larger patrol boats and coordinate with aerial surveillance. They can also operate in shallow waters, enhancing the RSIPF fast response capabilities in hard to reach areas. Australia’s Defence Cooperation Program will provide training, maintenance, and sustainment support to ensure that the new aluminium boats are a long-lasting capability for the RSIPF. Australian High Commissioner Dr Lachlan Strahan, who...
On 14 th February 2021, Guinea’s Minister of Mines and Geology paid a visit to the Balaya bauxite mining site in the prefecture of Kindia, before proceeding to the inauguration of the new bridge located in the locality of Féréfou, under the sub-prefecture of Friguiagbè. The minister was accompanied by a strong delegation, made up of executives from his department and members of the Local Development Fund (FODEL). Abdoulaye Magassouba, Minister of Mines, during the visit to Balaya bauxite mining site drew the attention of RUSAL-CBK officials towards the issue of environmental protection and requested their technical participation, especially in the agricultural field. Magassouba said: “For example, you can send an expert to the peasants in neighbouring localities which are in the vicinity...
India’s iconic aluminium producer, Bharat Aluminium Co (BALCO) has won the prestigious ‘Golden Peacock Award 2020’. As per the press release on 14 th February 2021, BALCO’s CEO & Director, Abhijit Pati in a virtual ceremony received the Golden Peacock Awards, instituted by the Institute of Directors (IOD). Mr Abhijit Pati expressed his happiness over the win, by saying: “Vedanta’s ethos of ‘Zero Harm, Zero Waste and Zero Discharge’ continues to guide our environmental and social performance. BALCO has effectively optimized and excelled its overall performance through its focused approach to operational excellence practices, innovation, analytics, resource optimizations, waste utilization and its overall impact on local communities.” "Effective management of resources, safety and...
According to Dubai Industrial City, Dubal Holding’s decision to acquire 60% stake in Dubai-based aluminium extrusion company OSE Industries is a major vote of confidence in the UAE economy. The deal upgrades emirate’s position as investor-friendly manufacturing and logistics hub. UAE, the largest manufacturing and logistics hub, home to OSE Industries, praised the deal as a reflection of the growth opportunities and underlying strength in Dubai’s industrial sector. In 2015, OSE Industries initiated its manufacturing operations and presently, it exports Multiport Extrusions (MPE), precision tubing and industrial piping across the Middle East and North Africa, Asia, Europe and the US. OSE Industries clientele includes a very well-known US electric carmaker, as well as major players in the...
It is said that dying aircraft proudly lands at Twente airport and then they never take off again, but ultimately enter the mouth of the metal shredder of Riwald Recycling in Almelo. Riwald Recycling from Almelo and Aircrafts –End-of-Life solutions provider, AELS have entered into a partnership and together they permanently dismantle old aircraft. After flying for millions of kilometres, they are ready for retirement and out of time, unprofitable and ready for demolition. However, the well-functioning parts go 'onto the market' and are reused, but if the people from AELS (Aircraft End-of-Life Solutions) at Twente airport have removed the usable parts, there will still be tens of tonnes of metals left and that’s the place where metal processor Riwald comes into the picture. Presently,...
Bharat Forge, one of the leading aluminium forging house has reported a loss of INR 210.44 crore for the December’20 quarter compared to a profit of INR 40.40 crore in the comparable quarter in the previous year. The company stated that it had to deliver INR 274.26 crore during the quarter towards a fine imposed on the company’s German subsidiary in an anti-trust case settlement by Germany’s competition regulator. In December’20, a fine of €32 million was imposed and has to be paid over the next five years. Furthermore, the company also had to spend INR 5.47 crore on VRS for employees at Mundhwa and Satara plants and around INR 19.71 crore for manpower optimisation in overseas subsidiaries, taking the total exceptional cost to INR 299.44 crore. The company’s consolidated revenue was...
On 12 th February 2021, the National Aluminium Company Limited (NALCO) posted a consolidated profit of INR 239.71 crore for the third quarter (Q3FY21) ended 31 st December’20. The Navratna PSU, under Ministry of Mines, Government of India producing alumina and aluminium, had posted a consolidated loss of INR 33.90 crore in the corresponding quarter previous year. Subsequently, the alumina manufacturer has posted a profit of INR 107.27 crore. The company's consolidated revenue from operations rose 13.9% to INR 2,378.79 crore in the quarter under consideration compared to INR 2,088.35 crore in Q3FY20. However, the net sales of alumina hydrate for Q3 of FY21 was 3.44 lakh tonnes compared to 3.33 lakh tonnes achieved in the corresponding period of the previous year. Aluminium export also...
Aluminium Stewardship Initiative has welcomed Golden Aluminum Inc. as a new Production & Transformation member, bringing the total number of ASI members to 156. Golden Aluminum Inc. was formed in 1980 by Coors Brewing Company (Coors) to augment the latter’s recycling efforts of beverage cans. Golden Aluminum was tasked to develop a post-consumer recycled aluminium alloy and process to supply Coors its requirements for aluminium can sheet. Golden Aluminum became the first aluminium rolling mill in the world to successfully manufacture rigid container sheet via its patented continuous block casting mini-mill process. Today, utilizing energy efficient continuous casting combined with high scrap utilization, Golden enjoys a strong niche position as a supplier of sustainable flat rolled...
Hawkins & Brimble has reportedly teamed with The Marine Conservation Society to introduce a range of sustainable men’s grooming products, replacing plastic packing with aluminium refillable 250 cans. The new lines of products include lip balm, hairspray, and eau de parfum in either 100 per cent glass or aluminium bottles. Chief executive Stephen Shortt said: "It's a big deal for me personally. We really want to be active with charitable work and their cause is in line with my view on plastics and the eco issue of the day. He also said, "We've been working with them on new products to bring to market this year. We are moving away from plastics completely by the end of 2021." The new range of products will be available on the company’s website from June 2021. Marine Conservation Society...
On 11 th February 2021, the law firm Schultze & Braun announced, Rusal, the world's leading aluminium producer is taking over the Rheinfelden Aluminium group. This will secure the future of the century-old German aluminium manufacturer. Aluminium Rheinfelden applied for preliminary insolvency proceedings in the autumn of 2020 and laid-off 55 employees out of 256. Following the initial signature last week, an investor had been found for the group and that it is the Russian Aluminium firm Rusal, which is responsible for the restructuring management, has now received official confirmation. On 11 th February 2021, representatives from Aluminium Rheinfelden and Rusal signed an agreement of purchase with which Rusal would like to take over the business operations and assets of Aluminum...
Hydro’s underlying EBIT in the fourth quarter of 2020 increased to NOK 1,449 million from NOK 560 million during the same period last year, driven by improved margins and volumes in downstream business and lower raw material costs in upstream but slightly offset by additional maintenance-related costs in bauxite and alumina. Hydro found global industrial production during the fourth quarter of 2020 bounced back from its contraction earlier this year, resulting in the year ended with an aluminium surplus of around 3 million tonnes in comparison with 5 million tonnes in early 2020. “Hydro’s volume growth outpaced the market development in both Rolling and Extrusions in the fourth quarter 2020, driven by recovery in key segments such as automotive, can, building and construction. Within...
The bauxite mining company Compagnie des Bauxites de Guinée SA (CBG) is likely to take forward the long-due dispute settlement with local communities over the resettlement of a bauxite mine. According to a report, now Rio Tinto has provided expertise to CBG to help settle the dispute, which has been continuing since Guinean villagers in communities around the mine filed a complaint in 2019 with International Finance Corporation alleging contraventions by CBG of its commitments around resettlement and pollution. Bauxite producer CBG is 51 per cent owned by consortium Halco Mining Inc. and 49 per cent by the Guinean government. Rio Tinto and Alcoa Corp AA.N each hold 45% of Halco, while Dadco Investments holds the rest. On Friday, February 12, Rio Tinto said that it offered a Guinea-based...
In October’20, the Central Bank of Chile stated that its economic activity dipped 1.2% in October from a year ago, as the economy moved closer to growth after months of contraction caused by the Covid-19 pandemic. The bank’s IMACEC economic activity index encompasses about 90% of the economy tallied in gross domestic product figures. The October figure was the economy’s best showing since February’20, when the economy grew 3.3%. But economic activity in Chile remained shuffled by the Covid-19 outbreak, the bank said, even though cases of COVID-19 have fallen with the onset the southern hemisphere’s spring. The nation along South America’s western edge has recorded with 28,484 tonnes of aluminium scrap export during 2018-19 and the earnings remained at $42.71 million. The export for 2020...
Three Constellium plants in Germany have received the Chain of Custody Standard Certification from Aluminium Stewardship Initiative. One is Constellium’s extrusion plant at Singen and the other two are automotive structure production sites at Gottmadingen and Dahenfeld. The news came on Thursday, February 11, after ASI announced that it successfully certified those three plants that manufacture automotive structures and extruded products destined for rail, electrical, and mechanical engineering markets. Earlier in October 2020, the facilities had already achieved ASI Performance Standard Certification. Fiona Solomon, Chief Executive Officer at ASI, said: “We warmly congratulate Constellium on their Chain of Custody certification at these new three facilities. We’re pleased to see the...
Africa's leading packaging manufacturer, Nampak is grooving a surge in demand for its aluminium beverage cans as booze drinkers take-home consumption of their favourite drinks rises. Nampak the producer of aluminium cans for a range of beverages such as liquor and carbonated soft drinks stated: “Home-consumption demand for the cans has grown sharply in North America and Europe, due to Covid-19 lockdowns. The cans are a particular favourite with beer producers and demand has outstripped supply in those regions.” In 2020, the group secured two substantial renewed contracts for the export of its beverage cans to multinational companies. On 9 th February 2021, Erik Smuts, Nampak’s CEO, told investors at its annual general meeting (AGM): “The contracts resulted from the increase in home...
Benchmark aluminium price on the London Metal Exchange inched up by US$ 5 per tonne or 0.24 per cent on Thursday, February 11. LME aluminium cash (bid) price and LME official settlement price continued to hike for the past one week to reach at US$ 2075.50 per tonne on Thursday, February 11, from US$ 2070.50 per tonne on Wednesday, February 10. 3-months bid price and 3-months offer price came in at US$ 2080.50 per tonne, up by US$ 7.5 per tonne from the previous day. Dec 21 bid price and Dec 21 offer price hovered around US$ 2139.50 per tonne. The LME aluminium opening stock decreased from 1389975 tonnes to 1384625 tonnes on February 11. Live Warrants totalled 1167500 tonnes, while Cancelled Warrants stood at 217125 tonnes. LME aluminium 3-months Asian Reference Price rose to US$ 2072 per...
The coalition of American Metal Manufacturers and Users asked President Joe Biden to end tariffs on aluminium and steel imports and setting the platform for a debate on protective trade measures. A few days earlier the US President said he would keep tariffs on aluminium imports from the United Arab Emirates, a major supplier, reversing a last-minute directive by Ex-President Donald Trump. But the Group said: “The tariffs hurt family-owned businesses and fractured relationships with trading partners.” A letter from the group stated that Biden to end former President Donald Trump’s tariffs and to ask countries to address the issue of excess aluminium and steel capacity in China. Paul Nathanson, the Executive Director of the group, said in the letter dated 10 th February 2021: “By taking...
