ClearFlow Metalworks plans to invest $28 million in a new aluminum manufacturing facility in Russellville, Kentucky, marking an expansion of secondary aluminum production in the United States. The project is expected to create 50 full-time jobs, with its first phase designed to deliver an estimated annual production capacity of approximately 100,000 tons. The company, which focuses on sustainable aluminum recycling and production, will develop the facility in phases. Phase I will feature a secondary aluminum billet casting operation, processing recycled aluminum materials into billets for extrusion and other downstream manufacturing applications. The project will establish ClearFlow's manufacturing presence in the U.S. and support domestic demand for aluminum products while expanding...
Shareholders of Slovenia's Impol 2000 are set to consider a proposal to bring the company's shares onto a regulated market, potentially opening up trading opportunities while introducing tighter corporate disclosure requirements. The proposal will be discussed at a shareholders' meeting scheduled for December 3. Impol 2000, which owns Impol Group, the country's largest producer of aluminium semi-finished products, says the move is intended to improve the ease and speed of share transactions. However, entering the regulated market would also require the company to meet additional transparency standards and comply with rules governing related-party transactions. As of October 29, Impol 2000 had 1,066,767 ordinary, freely transferable, registered no-par value shares. Of these, 979,887...
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One Plus Technology Co. Ltd. has reportedly confirmed on Instagram that its upcoming smartphone series Nord, which is expected to virtually launch on July 21, will come with Googles Messages and Phone apps installed instead of its own SMS and dialer. The series is expected to feature an aluminium chassis with a glass rear. It will be powered by a Snapdragon 765G chipset under the hood. The 7nm chipset is expected to be paired with 8GB of LPDDR4X RAM and 256GB storage. Having two selfie cameras, one 8MP wide-angle camera and a main 32MP selfie sensor and the second one being a 105-degree ultra-wide-angle, the phone will also come with Google's Duo video chat app pre-installed. The smartphone is also expected to feature a 6.4-inch AMOLED display with a 2400 x 1080 pixel resolution. Some of...
South32 Ltd’s aluminium output stood at 986,000 tonnes in FY20, unchanged from last year. In June quarter, production was unchanged at 245,000 tonnes. Hillside Aluminium saleable production increased by 3,000 to a record 718,000 tonnes in FY20 as the smelter continued to test its maximum technical capacity, despite the impact to production from increased load-shedding. “Our priority remains keeping our people safe and well, maintaining reliable operations and supporting our communities through the COVID-19 pandemic. Despite the health crisis, we delivered a strong operating result, highlighted by annual production records at Brazil Alumina, Hillside Aluminium and Australia Manganese ore,” Graham Kerr, South32 CEO. Mozal Aluminium saleable production increased by 1,000 tonnes to 268,000...
Mining company South32 reported alumina production of 5.269 million tonnes in FY20, compared to 5.050 million tonnes in FY19, up 4 per cent year-on-year. In Q4 FY20, alumina production stood at 1.358 million tonnes, an increase of 6 per cent quarter-on-quarter. Brazil Alumina saleable production increased by 10% to a record 1.383 million tonnes in FY20 as the refinery achieved improved performance in steam generation, enabling the benefits of the De-bottlenecking Phase One project to be realised. “The company’s use of third party bauxite is expected to reduce in FY21, which together with a reset in the cost of supply from Mineração Rio do Norte S.A (MRN), in accordance with its linkage to alumina and aluminium, is expected to result in lower Operating unit costs for the refinery.” Worsley...
The decades-old Aluminium company located on the Stourbridge Road in UK, Bridgnorth Aluminium, blazed with a fire shortly before 11.30 pm on 19 th July’20. Bridgnorth Aluminium Ltd has firmly established itself as a trusted supplier of rolled aluminium products. The fire was caught in rubbish at the back of a pre-heat furnace and fire crews used one hose reel jet to extinguish it. Shropshire Fire & Rescue Service sent two appliances from Bridgnorth and Much Wenlock. An operations officer was also in attendance. Firefighters had dealt with the incident by midnight. Established on 27 hectares of land, Bridgnorth Aluminium is home to world-class manufacturing assets, from our casthouse to state-of-the-art Litho Centres. Bridgnorth Aluminium Ltd's assets include a casthouse, rolling mill, two...
The Economic Development Department of Abu Dhabi is rolling-out a basic industries project focused on making the emirate “self-sufficient in the production of basic and consumer commodities". The project, being undertaken by the department’s Industrial Development Bureau, will look to strengthen investment in four major sectors. They are food production, medical supplies, power generation and important materials such as aluminium and others. Aluminium production is one of the core sectors of the economy that will come under focus as part of the Abu Dhabi Department of Economic Development's Basic Industries Project. Mohammed Al Shorafa, Chairman of the Department of Economic Development said: “The project is in response to government directives to support key industries and supply the...
According to the latest data released by the US Geological Survey for April, the United States, in the said month, exported 124,000 tonnes of aluminium scrap to various parts of the world. Month-on-month, the export declined by 39,000 tonnes or 24 per cent, following a hike in the previous month. In March, the United States exported 163,000 tonnes of aluminium scrap, up 14,000 tonnes or 8.59 per cent from 149,000 tonnes in February. In January, the export from the US was 146,000 tonnes, meaning February saw a marginal month-on-month growth of 3,000 tonnes in the US aluminium scrap exports. On a yearly basis as well, the US aluminium scrap exports decreased, albeit slower than month-on-month. The exports dropped by 7,000 tonnes or 4.12 per cent from 170,000 tonnes in April 2019. The total...
According to the latest report from the US Geological Survey, US domestic primary aluminium production was 92,000 tonnes in April 2020. The average daily production stood at 3,060 tonnes, essentially unchanged from that in March 2020 and April 2019, but 30% more than that in April 2018. Total aluminium recovered from scrap was 246,000 tonnes in April 2020, 12% less than the amount in March 2020, 15% less than the amount in April 2019, and 20% less than that in April 2018. Of this, 128,000 tonnes of aluminium was recovered from new scrap and 118,000 tonnes was recovered from old scrap. In April, the average U.S. spot market price of primary aluminium ingot was $0.765 per pound, 12% less than that in March. Inventories of primary aluminium in LME-approved warehouses in the United States...
The US dollar was broadly lower last Friday as the euro climbed to close to a four-month high. LME and SHFE base metals traded lower for the most part on last Friday night. Three-month LME aluminium recovered during the American trading hours after it slipped to a session low of US$1,652 per tonne. It finished lower on the day at US$1,663 per tonne. LME aluminium is likely to trade at US$1,650-1,690 per tonne today. As of Friday July 17, LME aluminium cash (bid) price stands at US$ 1618 per tonne, LME official settlement price stands at US$ 1618 per tonne; 3-months bid price stands at US$ 1654.50 per tonne, 3-months offer price is US$ 1654.50 per tonne; Dec 21 bid price stands at US$ 1747.50 per tonne, and Dec 21 offer price stands at US$ 1747.50per tonne. The LME aluminium opening stock...
The Western European nation, Germany, exhibits its aluminium scrap export and import market enterprising, though the exports show minor dips, however, imports reflects steady growth. Germany’s export of aluminium scrap during 2018 has been recorded at 1.14 million tonnes and the revenue earnings stood at $1.32 billion whereas in 2019 the export saw a minor dip by 3.50%, as the export volume remained at 1.10 million tonnes and earnings dropped to $1.15 billion. In 2020 the projected export for Germany’s aluminium scrap also has been analysed with de-growth by 0.90% Y-o-Y, as the export volume might reach to 1.09 million tonnes and revenue income to fall at $1.10 billion. However, when the analysed export volume and earning of 2020 get assorted with the previous two years it displays 3.33...
After declining for more than the last three months, the social inventories of primary aluminium in China have recorded a rise across eight major consumption areas, including SHFE warrants, to stand at 712,000 tonnes, as of Monday, July 20, found the Shanghai Metals Market. Last week, on July 16, the inventories stood at 708,000 tonnes after declining by 4,000 tonnes from the previous day. This means the inventories over this weekend ending on July 20 have climbed up by 4,000 tonnes. The chart below indicates the current status of primary aluminium inventories across China in more details: Shanghai has seen the highest growth in primary aluminium inventories today of 6,000 tonnes to stand at 112,000 tonnes. In Wuxi and Nanhai, the inventories have increased by 3,000 tonnes and 2,000...
The A00 aluminium ingot price has recorded a hike of RMB 110 per tonne over the weekend ending July 20 to stand at RMB 14,480 per tonne, following four consecutive declines from RMB 15,320 per tonne to RMB 14,370 per tonne during July 13-17, according to the Shanghai Metals Market. The average prices are expected to range between RMB 14,460 per tonne and RMB 14,500 per tonne, with spot contract to be traded at a premium price of RMB 240-280 per tonne. The increase in primary aluminium ingot price today could be attributed to the brisk trading over the past few days owing to the lower trend of the price. With increase in spot price, the premiums have decreased today by RMB 20 per tonne. Linyi and Gongyi have seen the highest growth in primary aluminium price. The price in Linyi is hovering...
Aluminium Bahrain B.S.C (Alba), the world’s largest aluminium smelter ex-China, has launched its first virtual Summer Safety Campaign under the theme ‘Our Safety is in Our Hands’, aiming at encouraging employees and contractors to make the right choices for their Safety and Health as the summer season is in full swing. Alba’s Chief Executive Officer Ali Al Baqali virtually inaugurated with a welcoming address live streamed to the Company’s Management as well as employees and contractors. Al Baqali said: “While COVID-19 Pandemic has changed the way we operate, keeping safe is a constant choice we -- employees and contractors – make in Alba. With the launch of our much-awaited Safety Campaign, we aim to emphasise that Safety don’t just happen, but it is the result of our collective efforts...
The Ministry of Mines, Govt. of India has projected to auction 5-6 mineral blocks, including bauxite mines, in the central state of India, Madhya Pradesh over the next three months, as per a government official. However, the 11 blocks that were up for sale by the state recently, received a response for only five blocks. The remaining six mines were resulted unresponsive from bidders. The official said: "The six blocks had no bidders as they are commercially not viable and do not have very good market value.” He also added: “Of these mines likely to be auctioned in the three months’ time in Madhya Pradesh, there will be two bauxite blocks, one iron ore and one rock phosphate.” Total revenue from the blocks to the government over 50 years is expected at INR 28,415.60 crore. The Government...
The world is set to see the first Greek Hypercar. Spyros Panopoulos is ready to unfold the first-ever Hypercar from Greece, known as 'Project Chaos' is coming soon. The Hypercar tooled with V10 engine asserts astonishing performance figures of 3000bhp. The ‘Ultra-car' as the company likes to call it will be offered in two variants, both powered by the same 4.0-litre twin-turbocharged V10 engine. The engine comes with 20 fuel-injectors; among which 10 are direct injection. The unit is made up of a billet aluminium 5-axis engine block and cylinder heads and also uses titanium camshafts and has a compression ratio of 12.3:1. The 3988cc V10 engine is offered in two variants: the first variant produces 2000bhp at 11,000rpm 3D printed titanium pistons and connecting rods. The second...
Vedanta’s Jharsuguda plant has launched an innovative Monsoon Preparedness Center (MPC) in its aluminium smelters and power plants. The plant is equipped with required gear and apparatus to bolster emergency planning and rescue preparedness. CN Singh, CEO – Vedanta Ltd., Jharsuguda said, “Our Monsoon Preparedness Center is the latest addition to the emergency planning and rescue preparedness measures deployed at site.” As India’s largest aluminium producer, we have put in place robust processes and global best practices in Health, Safety, Environment & Sustainability aimed at making our workspaces safe for employees and partners. While we produce top-class value-added aluminium products to cater to the country’s critical sectors and boost its self-reliance, we are also constantly...
Hublot Big Bang Millennial Pink, which has taken off in a limited edition of 200 pieces, is in a shade of the colour that’s less girlish than the elegant tint of a bone-dry Provençal rosé. The combination of the watch is relatively hefty in dimensions – 42mm in diameter and 14.5mm thickness and a skeleton construction that’s self-evidently technical makes it far more gender-neutral than might be imagined. However, having said that, it can be worn on the most slender of wrists. In fact, the watch company is going to stick to their suggestion that the Millennial Pink is more likely to be appreciated by men than women. Build largely from lightweight aluminium – a material unusual in watchmaking though not new to Hublot. It remains light on the wrist in spite of its size, and the anodising...
Poralu Marine has made public towards its involvement in the design and construction of a new jetty at Two Rocks Marina, Western Australia. The project will be completed in collaboration with Poralu Marine distributor Shorewater Marine for the Western Australia Department of Transport (DoT). The new jetty is scheduled to be delivered in the second half of 2020. Poralu Marine and DoT have been working together for more than 16 years on a series of successful projects on the West Coast. Poralu Marine’s continuous innovation efforts have been its USP for constantly developing and improving its range of products over the years. This is one of the biggest reasons DoT chose Poralu Marine Australia to continue the extension of Two Rocks Marina. Shorewater Marine is a commercial diving and marine...
The British company Automet Limited based in Manchester, a specialist car engine recycler, has obtained £600,0000 as Coronavirus Business Interruption Loan Scheme (CBILS) facility to support its cash flow during the Covid-19 outbreak. Automet, on a two-acre site in Trafford Park, is one of the UK’s leading car engine recyclers and aluminium producers for customers in the UK and Europe. The company has been operating since 2003 and has built strong relationships with clients globally– consistently delivering high quality recycled metals. Around 50% of the sales are generated through international clients. The COVID-19 outbreak has led the business to see de-growth and had to place some staff on layoff, however, it is well now positioned for the post-COVID-19 marketplace. The facility will...
