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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LB Aluminium Berhad, one of the largest aluminium suppliers based in Malaysia, has recorded a surge in its net profit for the second quarter ended on October 31. The profit reportedly grew by 69.4 per cent to RM2.83 million against RM1.67 million in the previous corresponding quarter, mainly attributable to higher sales volume. Revenue for the quarter increased 12.9 per cent to RM143.29 million, from RM126.94 million in the same period last year. Revenue from exports also increased by 20.2 per cent to RM46.77 million, primarily due to higher revenue from Canada, Australia, and the United States; reported the company itself in Bursa Malaysia filing. For the six-month period, LB Aluminium’s net profit up 4.4 per cent to RM5.5 million, from RM5.27 million a year earlier and revenue grew 11...
Shanghai Metals Market research found operating rates across Chinese secondary aluminium producers averaged 57.14 per cent in November, up 0.33 percentage point from October but down 4.28 percentage points from the corresponding period last year. As per the report from SMM, more working days in November grew secondary aluminium production and raised operating rates marginally on the month. Stocks of finished goods across most of the secondary aluminium producers remained normal while at some jumped due to poor orders. In November, most large producers with export businesses increased their export orders given greater profits, faster cash recovery, and stable raw material supplies. Certain plants in Zhejiang and Guangdong planned to begin export businesses that used foreign raw materials,...
The dollar hit a month-peak against a basket of currencies on Tuesday, as China and the US discussed plans for talks to avert a trade war between the world’s two biggest economies. Both LME and SHFE base metals ended in mixed territory overnight. LME aluminium fell 0.6% and aluminium dipped 0.2% and 0.3% respectively. LME aluminium closed Tuesday’s trading at US$1949.50, slightly lower than Monday. As the US dollar rose, LME aluminium came off from the day’s highs of US$1,965 per tonne to close at US$1,936 per tonne on Tuesday night. With the dollar’s strength, LME aluminium is likely to remain weak and trade within a range of US$1,930-1,960 per tonne today. As on December 11, Tuesday, LME aluminium cash (bid) price stood at US$ 1949 per tonne, LME official settlement price stands at US$...
After a rise in last two consecutive days, the A00 aluminium ingot price again recorded a plunge today, on December 12, from RMB 13,600 per tonne to RMB 13,540 per tonne, Shanghai Metals Market learned. The average prices are expected to range between RMB 13,520 per tonne and RMB 13,560 per tonne, with spot discounts still remaining the same at RMB 20 per tonne. The ingot prices in the east market (Wuxi and Hangzhou) plunged RMB 65 per tonne and RMB 60 per tonne and hovering at RMB 13,535 per tonne and RMB 13,575 per tonne, respectively; while the prices in the south and north dropped RMB 70 per tonne and RMB 60 per tonne to stand at RMB 13,680 per tonne and RMB 13,520 per tonne. As far as the input costs are concerned, the alumina spot price showed restraint today after recording a dip...
According to a media report, Oman’s first aluminium composite panel (ACP) manufacturing plant has been recently inaugurated at Misfah Industrial Area on the outskirts of Muscat. It is the latest diversification of the Mohammed Riaz & Partners group, a leading building materials company, added the Oman Observer report. At the inaugural ceremony, Alu-Panel’s product specialist Tenzin Tsarong gave an overview of ACP within the market place and its advent some 40 years ago, known then as sandwich panels, because it was made up of two aluminium sheets on either side that were bonded together in a non-aluminium core, the report elaborated. Tenzin Tsarong also highlighted how the launch of the ACP factory in Oman is a testament to the growth and usage of smarter materials in the marketplace that...
Ball has created an exclusive premium aluminium can design for Tuborg’s Christmas edition beer in collaboration with Carlsberg Srbija Group. Ball’s experts have created the dark lager’s caramel notes and festive mood and incorporated the famous Tuborg logo alongside Christmas trees, reindeers and snow using Ball’s innovative Eyeris® High Definition printing techniques. The aluminium beer can will be designed and produced in Ball’s packaging facility in Serbia, the cans will use the 50-centiliter standard format and techniques. Commenting on the use of aluminium in its beverage packaging, Ana Mira Milinkovic, Procurement Supply Manager at Carlsberg Srbija Group, comments: “We knew we wanted to use aluminium for our packaging as the cans not only allow us to build strong numeric...
The construction of Emirates Global Aluminium’s (EGA) bauxite mining project in the Republic of Guinea has reached almost 75 per cent, reported the company itself. Developed by EGA’s subsidiary Guinea Alumina Corp (GAC), the total budget of the project is around US$1.4 billion, the largest greenfield investment in the West African country in the last four decades. The first bauxite export from this project is expected during the second half of 2019. Currently, almost 3,000 Guineans are working for constructing the project, and so far taken some 23 million man-hours of work, equivalent to one person working for some 18,000 years. Abdulla Kalban, EGA’s Managing Director and Chief Executive Officer, said: “We are now entering the final phase of construction of our project in Guinea and the...
Guinean President Alpha Conde has officially inaugurated the Bel Air mine in Guinea, Alufer Mining Limited announced through a press release. The Minister of Mines, members of Parliament, Ambassadors from the UK and US and local dignitaries were present during the inauguration. The president formally opened the export facility by starting the causeway conveyor and commencing loading of the vessel at berth. Over one million tonnes of bauxite ore have now been shipped from the project. Alufer Mining of Guinea has delivered its first Capesize shipment of bauxite with a volume of 203,009 tonnes, to the Port of Qingdao, in China in November. Over 750,000 tonnes of bauxite were loaded and were on route to other customers already. The company then said in November that the operational ramp-up...
A few hours to go to AlCircle’s first Webinar - “Path to A Virtual Aluminium Ecosystem”, scheduled today, on 11-Dec-18, at 3 PM (GMT)!!! The presentation intends to put across and answer the following questions: What does “A Virtual Aluminium Ecosystem” means? How would individuals benefit from it? Which are the current digital tools available to individuals? How would businesses benefit from it? Which are the current digital tools available to business houses? What role will digital technologies (such as Analytics, Artificial Intelligence & IoT) play in the Aluminium Industry? As a responsible business & information platform for the aluminium value chain, AlCircle would like to create awareness about the relevance of digital technology in the aluminium sector and how it can be used to...
Since 2002, the European Union has been a continuous net exporter of aluminium scrap. More than 80% of the scrap generated in the EU heads to Asia, while 37% to China and 28% to India. {newsStudioGallery} The aluminium scrap generated in the UK is also more than the needs of the UK foundry industry and therefore, the secondary refiners have developed export markets for their products. The annual production of primary metal in the UK is approximately 200,000 tonnes, out of which more than double the amount is recovered from recycling aluminium scrap, and the extra is exported to other countries. According to the global export-import data, the aluminium scrap exports by the United Kingdom this year is likely to rise after a dip last year. In 2017, the estimated aluminium scrap export volume...
Carlisle Companies Incorporated, a global leader in commercial and industrial building envelope products has announced it will acquire Petersen Aluminum Corporation, a manufacturer of high-quality metal roofing products through its subsidiary Carlisle Construction Materials (CCM) for approximately $197 million. Headquartered in Illinois, Petersen’s primary business is the manufacture and distribution of metal roof panels, steel and aluminium flat sheets and aluminium coils, wall panels, perimeter roof edge systems and related accessories for construction, industrial and agricultural sectors. The company is a leader in its served markets with approximately $160 million of annual revenue. Chris Koch, CEO and President, said, "The acquisition of Petersen is part of our strategy of providing...
JW Aluminium has won this year's award for Industry Innovation and Productivity Excellence from Berkeley County Chamber of Commerce. The award has recognized the expansion currently underway at its Mount Holly flat rolled aluminium plant in Goose Creek, South Carolina. The Berkeley County Chamber of Commerce recently presented its 2018 Business and Industry Awards. The entity honoured the award winners on November 29th at the North Charleston Convention Center during a special event. Through this award, the Chamber recognizes businesses and industries for their contributions to Berkeley County. This year the chamber chose the winners based on the broad categories of innovation and technology, community engagement and volunteerism. “These companies represent respected qualities: drive,...
National Aluminium Company (NALCO), a Navratna CPSE under Ministry of Mines, adds one more feather in its cap by undertaking a product diversification. It is reportedly producing a new product Strontium Modified Aluminium Billets CH-91 grade, which will particularly benefit the end-product manufacturer. Nalco believes this upgrade aluminium billets will decrease energy consumption and improve the overall productivity and output of billets. With this product, the customers will even be able to attain better surface finish with increased metal recovery, according to the state-owned Navratna company. Congratulating NALCO collective for introducing the new product, Dr. T.K Chand, CMD, NALCO, said, ‘’NALCO continues to focus its energies in diversification and increasing its product portfolio...
The greenback recovered to 97 following its steepest weekly drop in three months last week. LME base metals ended in negative territory across the board overnight. Aluminium slid over 0.8%. SHFE base metals also traded lower across the board overnight. Aluminium fell close to 0.3%. LME aluminium started the week lower than last closing at US$ 1951per tonne. The aluminium contract then rebounded to close at US$1,963 per tonne, near the 20-day moving average on Monday after it slumped to a low of US$1,935 per tonne on gains in the US dollar. LME aluminium is expected to continue to hover among moving averages and to trade at US$1,940-1,955 per tonne today. As on December 10, Monday, LME aluminium cash (bid) price stood at US$ 1950 per tonne, LME official settlement price stands at US$ 1951...
According to an update from Shanghai Metals Market, social inventories of primary aluminium continued to extend its fall across eight consumption areas in China, including SHFE warrants, and stood at 1.32 million tonnes, as of Monday, December 10. This marked a decline by some 35,000 tonnes from Thursday, December 6. Lower arrivals to social warehouses and greater deliveries departing extended declines in inventories, SMM learned. In Wuxi and Jiangsu, the inventories declined some 16,000 tonnes over the weekend ended on December 10, while in Shanghai, Nanhai and Guangdong, Gongyi and Henan, and Hangzhou and Zhejiang, the inventories dipped by some 1,000 tonnes, 9,000 tonnes, 7,000 tonnes, and 3,000 tonnes respectively. The below chart shows the current status of primary aluminium...
NK5, a leading player specialised in investing in firms facing financial and/or operating difficulties, announced the sale of Baux to Jupiter Aluminium Corporation. Baux is a Spain-based industrial group that produces hot-cold-rolled and lacquered aluminium products from 100% recycled materials. Under the ownership of NK5, the Baux companies lifted their revenue to over €200 million in 2017. In 2018, it recorded a further improvement in earnings and became one of the top 5 players in its sector in Europe. Baux went under the guardianship of NK5 in January 2017 after its intervention that started in July 2015, to save the group and restructure its finances as part of a plan designed to reinforce its financial structure and business management. On adopting Baux, Juan José Nieto, executive...
Wirtgen, a German company in the field of road and mine machinery says its surface miners are helping bauxite producers in Guinea to explore the country’s high quality bauxite reserves. 25 of its machines are now in operation in the West Africa country. Wirtgen supplies surface miners for the selective mining of raw materials, such as coal, limestone, bauxite, gypsum, salt and phosphate. Wirtgen commissioned its first surface in Guinea in a mine close to Kindia in 2001. Drill and blast was the main bauxite mining technique in use at that time. “Since then, however, the process has shifted to the more economical, safe and environmentally friendly surface mining, and today Wirtgen surface miners extract 100% of the ore,” Wirtgen said. The most commonly used surface miners for bauxite mining...
US companies have paid tariff duties of US$ 6.2 billion in October. The October tariff collections registered a 104% jump YoY from October 2017 amount of US$3.1 million and up from US$ 4.4 billion in September 2018, mostly driven by President Trump’s tariffs on steel, aluminium, and Chinese goods. US companies paid US$ 2.2 billion more to import goods subject to Trump’s tariffs in October. The costs are causing investment delays and layoffs in the American firms. Trump has cheered billions “pouring into the coffers of the USA,” while the costs are adding huge to the operational costs. Compared to the increase in tariff component, the value of imports increased just 13% in the same month, according to data compiled by Tariffs Hurt the Heartland, a pro-free trade group, and research firm...
