Vietnam National Coal and Mineral Industries Group (Vinacomin) has proposed an integrated bauxite mining and processing project worth VND 5.2 trillion (USD 208 million) in Lam Dong province, Vietnam. Currently under appraisal by provincial authorities, it is designed to produce around 3 million tonnes of refined bauxite ore annually, reinforcing raw material requirements at the Nhan Co Aluminium Plant and the planned expansion of its alumina operations. Located in the Nhan Co Cluster, the proposal spans over 6,666 hectares. Of this, approximately 5,269 hectares are earmarked for mining and around 50 hectares for the ore processing plant. The project also includes five post-processing sludge reservoirs covering about 1,120 hectares, alongside the 318-hectare Dak Buk So 8 water reservoir. A...
Aluminium production depends on high-temperature processes where furnace efficiency, thermal management and equipment durability are essential for maintaining operational performance. However, refractory materials used in melting, holding and casting operations face continuous exposure to extreme temperatures, thermal fluctuations, chemical corrosion and mechanical wear. These conditions can lead to premature furnace-lining failure, molten-metal penetration, corundum formation and heat loss, increasing maintenance requirements and operating costs. Addressing these challenges requires materials that can withstand demanding operating conditions while keeping equipment efficient and reliable. Alkegen, a supplier of high-temperature refractory and insulation materials, serves this requirement...
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Alro Slatina, Russian investors-controlled aluminium and aluminium alloy producer in south-eastern Europe, approved a US$70 million supplement to a credit facility contracted in 2015 through a US$ 167 million syndicated loan. Separately, Vimetco hired Swiss Capital for selling part of its 84 per cent stake in Alro, according to unofficial sources. The bank syndicate that finances Alro includes Raiffeisen Bank International, OTP Bank Romania, Banca Transilvania, Unicredit Bank, Garanti Bank, Intesa Sanpaolo Bank Romania, and Eximbank. Out of the total US$70 million, US$20 million would cover the company’s general and working capital needs and the rest US$50 million would finance programme-related investment expenditure for years 2018-19, as per the plan. In the first nine months of the...
Hindalco Industries Ltd has increased prices of its primary aluminium ingots today after it cut the prices of its primary aluminium ingot by more than 1% effective from Saturday, December 15. This price cut on Saturday came after the company had raised rates of its products by 2% earlier in the month. After the price cut on Saturday, December 15, the price for Vedanta aluminium ingot stood at INR 153,650 (USD 2215) per tonne. Today, Hindalco increased the price of primary ingots to INR 155,750 per tonne, registering an increase of 1.3 %. LME cash and three months prices have registered an increase today after the dollars plunged from an 18-month high, ahead of the Federal Reserve's policy meeting this week. LME aluminium three-months offer price stands at US$ 1925 per tonne today and...
Premier Supplies has purchased the manufacturing arm of Dalmatian Windows in East Kilbride, Scotland. The acquisition of gives Premier a dedicated window production facility and the capability to manufacture Synseal SynerJy range in-house. Premier first made a name for itself in the conservatory sector and manufacturers WarmCore Aluminium Bi-Folds & Windows, Guardian Warm Roofs, SynerJy Windows, Stratus Lanterns, K2 Conservatory Roofs and Flat Roof Lights. Peter Gray, managing director of Premier Supplies said: “Earlier this year we identified the Scottish market as our next area for growth. We’ve already had great success with the WarmCore and Guardian brands,which are ideal product ranges for the Scottish climate. One of the main reasons for choosing this acquisition is the...
Shares of Qatar Aluminium opened at 18.00 riyals on Sunday at Qatar Stock Exchange (QSE), 78 per cent above their initial public offer price of 10.10 riyals, capping a successful run for Qatar's biggest equity listing this year. Shares of Qatar Aluminium under the company name Qatar Aluminium Manufacturing Company or Qamco began trading on the Qatar Stock Exchange (QSE) from December 10, 2018. State-owned Qatar Petroleum sold 49 per cent of its shares in its subsidiary Qatar Aluminium Manufacturing Co (Qatalum) in late October in a in a public offering that raised roughly US$758 million. The IPO price included the offering and listing costs of 0.1 riyal per share. Qamco was formed by Qatar Petroleum with the aim of offering investors the opportunity to invest in Qatar’s aluminium sector....
The flexibility of the aluminium to form any shape has made it the most versatile packaging material in the world. A key benefit of using aluminium in the packaging industry is that the aluminium packaging materials can be 100% recycled and reused an infinite number of times. More than 60% of the aluminium used in the packaging industry is processed to foil or thin strips. {newsStudioGallery} According to a report, the aluminium foil packaging market across the globe was valued at USD 18.912 billion in 2017 and is expected to reach a value of USD 23.166 billion by 2023, registering a CAGR of about 3.27% during 2018-2023 (the forecast period). India, one of the fastest growing economies in the world, is also seeing a rapid rise in the use of aluminium foil, owing to strong economic growth...
Padawan Municipal Council (MPP) and Trienekens (Sarawak) Sdn Bhd have launched kerbside recycling collection service for residents in Jalan Semaba. Under the collection service, residents will be able to recycle e-waste, aluminium, plastic, steel, paper and cardboard, according to a Trienekens news release. MPP chairman Lo Khere Chiang said: “This project provides the service facility for residents to have their recyclables collected from their kerbside. Its main goal is also to increase the current household recycling rate while laying the foundation for better awareness and setting best recycling practices starting at home.” “Recycling at source will definitely be a great opportunity for all to reduce waste and divert them from going to the landfill. We hope residents understand the...
Mubadala and Dubal Holding have signed an agreement with EGA to develop a state-of-the-art power block and a water desalination plant at EGA’s smelter at Jebel Ali in Dubai. The new facilities will improve power efficiency in aluminium smelting; reduce environmental emissions and natural gas consumption. EGA is jointly owned by Mubadala and Dubal Holding. Mubadala and Dubal Holding would establish a joint venture to develop the new facilities and EGA agreed upon buying the facility’s output for 25 years after commissioning.The JV will install a combined cycle power facility at EGA’s Jebel Ali site capable of generating over 600 megawatts of electricity. Siemens would install the UAE’s first combined cycle H-class gas turbine in this JV project. Eng. Suhail Mohamed Faraj Al Mazrouei, UAE...
Australian Bauxite Limited has confirmed a sale of 30,000 tonnes of bauxite from its Bald Hill Bauxite Project, Campbell Town, Northern Tasmania. The company announced through its press release that it had been the successful tenderer for its next sale of seaborne cement-grade bauxite to be exported from Bell Bay Port of Launceston. Sales of cement-grade bauxite are scheduled to commence in March 2019. Australian Bauxite has started contract negotiations for the mining, processing and blending at the mine site. The company contracted with QUBE Logistics at Bell Bay for the stevedoring services and stockpiling arrangements, in conjunction with TasPorts. Monson Shipping have provided Shipping Agents services and Briar Maritime have provided independent ship surveys to date. The company’s...
According to an announcement from China’s Ministry of Finance on Friday, the country will temporarily remove additional 25 per cent tariff on U.S.-made light vehicles and auto parts starting Jan. 1, 2019 for a period of 90 days. The announcement was a follow up on the truce in the trade war between the world's two largest economies agreed upon in Argentina. The Ministry of Finance also said in the statement that the decision would speed up the negotiations to remove all additional tariffs on each other's goods. U.S. President Donald Trump welcomed the announcement in a Twitter statement: "China just announced that their economy is growing much slower than anticipated because of our Trade War with them. They have just suspended U.S. Tariff Hikes." "This is a good signal that China and the...
According to a report, Austal further receives an order worth up to US$1.6 billion to build two more littoral combat ships for the US Navy. The two ships will be the 18th and 19th aluminium trimaran-variant LCS Austal and will build under a program that began a decade ago. “This latest order from the US Navy is a tremendous endorsement of Austal’s LCS platform and further evidence of the important role Austal plays in the US Navy,” Austal managing director David Singleton said. He further added, “We have been very successful, winning two littoral combat ships per annum ... in each of the last three US Government financial years.” The US Department of Defence said late on Friday that Austal USA had been awarded two of three LCSs approved under its fiscal 2019 budget. The estimated budget...
The US dollar on Monday fell from an 18-month high, ahead of the Federal Reserve's policy meeting this week. LME base metals traded mixed on Monday and aluminium advanced close to 0.6%. SHFE base metals gained overnight with aluminium inching up some 0.1%. LME aluminium rebounded from a low of US$1,920 per tonne and closed at US$1,936 per tonne on Monday night. We see limited upside room for LME aluminium which is likely to trade at US$1,925-1,945 per tonne today. As on December 17, Monday, LME aluminium cash (bid) price stood at US$ 1937per tonne, LME official settlement price stands at US$ 1937.50 per tonne; 3-months bid price stands at US$ 1924 per tonne, 3-months offer price is US$ 1925 per tonne; Dec 19 bid price stands at US$ 1980 per tonne, and Dec 19 offer price stands at US$ 1985...
National Aluminium Company Ltd. (Nalco) has planned to invest INR 45,000 crore in brownfield and greenfield project expansion in the next few years, its Chairman and Managing Director Dr. Tapan Kumar Chand said. Nalco will invest around INR25,000 crore in brownfield expansions, which include additional one million tonne alumina refinery capacity, increasing of the smelter’s capacity by five lakh tonnes at Angul and boosting of captive power plants by addition of two units of 660 MW each. The second phase of greenfield expansions will take up INR 20,000 crore in another smelter and captive power plants. The projects are likely to be completed between 2019 and 2021. These expansions are expected to take its aluminium production from existing 4.4 lakh tonnes to one million tonnes and also...
China’s Qiantu Motors has reportedly joined hands with California’s Mullen Technologies to begin building in the K50 sports car in the United States. In a press release first spotted by Automotive News, the two firms revealed their intentions to homologate the K50 to meet the US standards and then begin selling the car in North America. The expected year of the car launch is 2020 and if everything goes as per the plan, the K50 will be one of the few electric coupes on the market. However, a little is known about the US-spec model except the fact that it will have an aluminium frame and an electric powertrain that produces 402 hp (300 kW / 407 PS), as told by Mullen. The car with the Chinese-spec model will have a 78 kWh battery pack which powers two electric motors that apparently have a...
A00 aluminium ingot prices registered a jump today, December 18, 2018. Aluminium ingot price increased RMB 100 per tonne to stand at RMB 13,640 per tonne, Shanghai Metal Market found.The average prices today are expected to range between RMB 13,620 per tonne and RMB 13,660 per tonne, with spot discounts to settle at RMB 80 per tonne to RMB 40 per tonne. A00 aluminium ingot prices also climbed up across China major markets. As on Tuesday, December 18, the average price of A00 aluminium ingot (South China) stood at RMB 13,800 per tonne, the highest among the six market prices. The price in East China market - (Wu Xi) rose to RMB13630 per tonne and for (Hang Zhou) it increased to RMB13660 per tonne. In North China, Northeast China, Southwest China markets, the average prices of A00 aluminium...
Platina Resources has successfully concluded a definitive feasibility study for its Platina Scandium Project. Platina Resources Ltd has demonstrated that it can produce 2% scandium-aluminium master alloy from the scandium oxide processed from its Platina Scandium Project in New South Wales. Experiment works have been underway since August 2018 to develop proprietary production procedures for scandium-aluminium master alloy. Converting scandium oxide to aluminium scandium master alloy would be a value added business proposition for Platina Resources. The feasibility sample production has concluded and it showed how the procedure developed as part of the test work program can reliably produce 2% scandium-aluminium master alloy. It demonstrated master alloys produced from 3 different...
Indian Railways is on the verge of manufacturing its first aluminium shell coaches with an estimated speed range of 250 kmph. The Modern Coach Factory (MCF) Raebareli is awaiting approval from the Railway Ministry on a proposal to make 500 aluminium coaches. Despite the worldwide use of aluminium for high speed train coached, India still manufactures stainless steel LHB coaches. “Given that production of aluminium coaches will be a first for Indian Railways, a global tender will be floated for Transfer of Technology (ToT),” Rajesh Agrawal, Member Rolling Stock at Railway Board said. As said by Mr. Agrawal, the global tender is likely to be awarded in FY 2019-20 and the first aluminium shell train set is expected to roll out from MCF Raebareli by 2020-21. He added that the use of aluminium...
China is the world’s major producer of aluminium wire rod followed by India supplying together about 67% of the global aluminium wire rod usage. India’s share of the global wire rod market is expected to increase from 18% in 2017 to about 23% in 2025. The aluminium wire rods are then used as raw material for making aluminium wires, cables and overhead conductors that yield excellent mechanical and electrical cable properties. {newsStudioGallery} However, despite being the second largest producer of aluminium wire rod, the country is recently flooded with import of aluminium wire rod from China and the south Asian countries and also by the import of aluminium wire, the finished product. As a result of the simmering US-China trade conflict, India has faced a flood of imports of an array of...
As reported by Shanghai Metals Market, China's social inventory of primary aluminium including SHFE warrants, across eight consumption areas continued its decline and stood at 1.28 million tonnes as of Monday December 17. This volume is about 18,000 tonnes less from the stock on Thursday December 13. The commissioning of new production capacity has slowed down as the prices are not gaining as expected. Last Thursday, supply cut at smelters lowered stocks by 57,000 tonnes on the week. The current inventory status in the major Chinese cities is as follows: Average A00 Aluminum Ingot price stands at RMB 13540 per tonne today, flat after a drop on last Friday. Spot Premium and Discount are ranging from RMB 10 to 30 per tonne, about RMB 10 higher than the last trading day. As for input costs...
