Finland-based renewable heat technology developer Coolbrook has joined Australia’s Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) as an affiliate partner, bringing its electrified heating technology into research aimed at decarbonising alumina refining and the wider aluminium industry. The collaboration would explore how high-temperature electric heating can support next-generation alumina refineries, reducing reliance on fossil fuels. Coolbrook would work alongside major alumina and aluminium producers, including Emirates Global Aluminium (EGA), Alcoa, Rio Tinto, South32 and Hydro, as well as research organisations of CSIRO and Adelaide University. Initially, it would focus on HILT CRC’s Alumina Refineries’ Next-Generation Transition (AlumiNEXT) project,...
Qingdao Allheart Marine, established in 2012, is a high-tech aluminium boat manufacturer in Qingdao, China. Spanning 42,000 m, the facility produces over 60 vessel models from 4 to 30 meters, including fishing, work, patrol, pilot boats, tugs, water taxis, catamaran ferries, and landing crafts. Certified under ISO 9001, ISO 14001, ISO 45001, and CE, Allheart offers professional OEMper ODM solutions, exporting 50 per cent of its production to over 30 countries across Oceania, Europe, and the Americas. Qingdao, Shandongper China - November 11, 2026 Qingdao Allheart Marine Co., Ltd, a recognised leader in the maritime manufacturing sector, is reinforcing its commitment to international buyers seeking robust commercial watercraft and specialised marine solutions. Operating from an advanced...
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The dollar notched the largest daily increase in close to seven weeks against a basket of other major currencies on Thursday, boosted by the Federal Reserve's outlook for more rate hikes beyond this year as well as a weakening of the euro on worries about the Italian budget. LME aluminium was dragged down by its SHFE counterpart and the contract closed lower from the previous day at US$ 2028 per tonne on Thursday. Then it plunged further to a low of US$2,025 per tonne overnight, after it rebounded to US$2,060 per tonne. It settled at that lowest level overnight, with trading range expected at US$2,025-2,045 per tonne today. As on September 27, LME aluminium cash (bid) price stands at US$ 2028 per tonne, LME official settlement price stands at US$ 2030 per tonne; 3-months bid price stands...
A secondary aluminium industry body Material Recycling Association of India (MRAI) on Thursday, September 27, has requested Indian government to take steps to improve the availability of scrap and address concerns raised by the secondary aluminium industry. The body will also submit a memorandum with the Department of Industrial Policy and Promotion (DIPP) Secretary in October. Earlier, MRAI urged government to completely eradicate the 2.5 per cent customs duty on aluminium scrap import. A hike in duty would restrict the availability of scrap for recycled aluminium. According to MRAI, more than 5000 units of aluminium scrap will be less available in the country on the application of duty. MRI President Sanjay Mehta said: "Aluminium scrap is the key raw material of aluminium recycling...
Aluminium billet inventories have extended their growth further on less than expected restocking across the major Chinese consumption areas, found Shanghai Metals Market. As of September 27, the stocks of 6063 aluminium billet were seen at 117,200 tonnes after inching up by 1,000 tonnes from 116,200 tonnes on September 20. Consequently, aluminium alloys (ADC12) price are reportedly shrinking over the past two days, learned SMM. Yesterday, on September 27, aluminium alloys (ADC12) price had dropped to RMB 15600 per tonne while today, September 28, the price further dipped by RMB 50 per tonne to RMB 15550 per tonne. Aluminium alloy (A356) today is hovering at RMB 15000 per tonne after registering a plunge by RMB 10 per tonne from the previous day, and aluminium alloy (A380) is at RMB 16300...
Ford chief executive officer Jim Hackett said Wednesday at a Bloomberg business forum that Trump administration's tariffs on imported aluminium and steel will cost the company $1 billion in profits. The second-largest U.S. automaker said the figure is year-over-year increase from March through 2019. “From Ford’s perspective, the metal tariffs took about $1 billion in profit from us,” Hackett said. “The irony of which is — we source most of that in the U.S. today anyway. If it goes on any longer, it will do more damage.” Hackett did not specify what period the $1 billion covered. Ford’s spokesman said Hackett was referring to internal forecasts at Ford for higher tariff-related costs in 2018 and 2019. The Trump administration imposed a 10 percent tariff on imported aluminium and 25 percent...
Ball Aerosol Packaging has recently announced the launch of a proprietary high-definition printing technique Eyeris, which according to the company will address the problem associated with the translation of graphics to conventional offset printing, and believed to offer photo-realistic packaging designs to aluminium aerosol customers. This new printing technology would bring in a solution for customers who especially crave for detailed graphics to bring products to life. It will provide photo-realistic quality can design without using digital printing. The ground-breaking HD imagery will cover 360 degrees of the can, helping customers to increase consumer engagement and brand visibility. As the personal care industry continues moving towards more natural products, Eyeris allows its...
President Donald Trump has threatened to impose severe economic penalties against Canada if it does not agree to his modified trade policies. Trump announced his plan to effectively terminate the North American Free Trade Agreement during a press conference and impose steep tariffs on all automotive imports from Canada. Diplomatic relations between the Canadian Prime Minister Justin Trudeau and Trump appeared to hit a new low when Trudeau refused to agree to changes to NAFTA on a number of grounds. Trump accused Canada, their oldest trading partner of ripping off American workers from work and already imposed 25% tariffs on steel and 10% tariffs on aluminium imported from Canada, initiating an endless trade war. The latest on the list is a tariff on automobile and auto parts which will...
Alcoa, Century Aluminium, and Rio Tinto Alcan are the three notable aluminium smelters in Iceland. In the year 1969, Iceland started producing aluminium in Straumsvík (South Coast). During the first year, the production capacity was at 33 thousand tonnes, which currently is at 850 thousand tonnes (including both aluminium non-alloy and alloy) every year on average. The country exports a lion share of its production, accounting for 14 per cent of total exports of goods and services, as of Q3 2017. {newsStudioGallery} The below graph shows the growth of Iceland’s aluminium and aluminium products export over the years: According to the global export-import data, the estimated aluminium export from Iceland in Q1 2017 was at 188,522 tonnes, 12 per cent up from the estimated volume of 167,815...
A report discussed during London’s corporate services committee meeting on Tuesday September 25 showed that London could be hit by the side effects of Trump’s 25 per cent tariffs on steel and 10% on aluminium. Whoever is elected during municipal election will have to find a way out to manage the fallout of Trump’s tariffs. “The estimated impact of steel and aluminium tariffs could be close to $10 million over planned budgets for the next five years,” the report reads. “Purchasing that would most likely be impacted includes fleet vehicles and equipment for the city (including fire and police), new and refurbished facilities and transportation or pathway projects that include bridges,” the report added. According to London Chamber of Commerce CEO Gerry McCartney the tariffs will slow down...
Alba’s Line 6 Expansion Project is a turning point for the Kingdom of Bahrain and the aluminium industry in the Region. We now look forward to the next phase of the Line 6 Expansion Project, which will make us the world’s largest single-site aluminium smelter, according to a statement issued by the Chairman of Aluminium Bahrain B.S.C. Alba’s Board of Directors, Shaikh Daij Bin Salman Bin Daij Al Khalifa. This statement was made during the third quarterly Board of Directors meeting for this year, held on Wednesday, 26 September 2018 at Alba. Adding further, Shaikh Daij stated: “We are pleased to have safely progressed our roadmap for future growth as we aim to pour Line 6 First Hot Metal by January 01, 2019.” During the meeting, the Board approved the Minutes of the previous meeting, which...
Hindalco Industries chairman Kumar Mangalam Birla has said the company’s fourth captive coal mine at Dumri may become operational by March 2019. Speaking at the 59th annual general meeting of the company in Mumbai, he said that Hindalco has secured around 3.2 million tonne of coal in the linkage auctions that concluded during FY18. With this, the total quantity of secured coal via linkages reached to 11.9 million tonne, and accounts for 71 per cent of the annual coal requirements of the company. The overall annual requirement of coal is currently secured at more than 90 per cent, through long-term linkages and captive mines, he added. He added: “Currently, three captive mines viz. Gare Palma IV/4, Gare Palma IV/5 and Kathautia are operational. The fourth captive mine at Dumri is in the...
Ball Corporation has announced the inauguration of its beverage can manufacturing plant in Spain located in Cabanillas del Campo, Guadalajara. With new can plant, which represents for Ball a significant investment of more than 100 million euros, the company expands its presence in Spain, where it already has another production facility located in La Selva del Camp (Tarragona). The plant will produce aluminium speciality cans with an annual production capacity of 1.6 billion units from two production lines. Cabanillas plant will use 15 percent less energy and 22 percent less water compared to an average plant. It produces STARcan, Ball’s most metal-efficient can, a next-generation can which leverages the company’s technology and weight-optimisation know-how. The new plant demonstrates...
The dollar gained on Wednesday in choppy trading after the Federal Reserve raised US interest rates as expected for the eighth time. LME aluminium gained and closed higher from the previous day at US$ 2056.5 per tonne on Wednesday on quick dropping of LME inventory. More and more metal are moving out of the LME warehouses with the extension of Rusal’s sanction deadline. Aluminium inventories in warehouses approved by the London Metal Exchange fell below 1 million tonnes for the first time since March 2008. The contract then traded range bound and closed at US$2,055 per tonne overnight and is expected to continue such rangebound pattern today with a trading range of US$2,040-2,100 per tonne. As on September 26, LME aluminium cash (bid) price stands at US$ 2056 per tonne, LME official...
Sunseeker has recently announced to start building metal yachts in partnership with Dutch shipyard ICON Yachts for the first time in its 50-year history. The first model will be a 49-metre aluminium yacht based on a fast displacement hull form, with completion expected in 2021. The news came after Sunseeker official spoke to SuperyachtNews. According to the report, the partnership with ICON Yachts was brewing over the last 18 months. ICON was founded in 2005 and immediately promulgated the idea of selling a fully engineered platform which could be customised from the waterline up. The new 49-metre will render a look of 161 Yacht and tap into the naval architecture know-how of Van Oossanen Naval Architects and a Fast Displacement Hull Form design. Moreover, the profile borrows distinct...
As reported by Shanghai Metals Market, China's inventory of primary aluminium across major consumption areas in China, including SHFE warrants, shrank 33,000 tonnes from last Thursday to stand at 1.59 million tonne as of Thursday September 27. Inventories once again recorded a decline as downstream consumers stockpiled ahead of the week-long National Day holiday and limited materials arrived at the warehouses. In Wuxi and Jiangsu, the inventory dropped from 699,000 tonnes, as of September 20, to 686,000 tonnes on September 27; in Shanghai, the inventory dropped from 371,000 tonnes, to 363,000 tonnes; in Gongyi and Henan, the inventory stood at 138,000 tonnes on September 27, from 147,000 tonnes on September 20. The current inventory status in the major Chinese cities is as follows: The...
2018 first half has seen some unprecedented developments in the global alumina and aluminium market scenario that have turned the market upside down making all previous forecasts redundant. The initiations The aluminium supply scenario received the first hit when Trump imposed a global tariff of 25 per cent on steel imports and 10 per cent tariff on aluminium imported from all countries in March 2018. Though a few countries got exemptions on the tariff, all its major trading partners including Canada, Mexico, European Union and China were imposed heavy tariffs initiating the beginning of a long trade wars between these countries with the US. The supply scenario of alumina was disrupted by one major happening in the beginning of 2018. The fifty per cent capacity closure in Hydro’s Alunorte...
Shanghai Metals Market found that this year the Chinese aluminium inventory cycle so far has lingered in a destocking phase for 25 weeks, as of Wednesday September 26. This has been the longest destocking period since 2007, which was first recorded in 2011. As of Tuesday September 25, the social inventories of primary aluminium across major consumption areas in China had stood at 1.606 million tonnes, down 29.64 per cent from the peak of 2.284 million tonnes notched on March 12, 2018. The primary reasons behind these shrinking inventories across China could be the production cut and shutdown of capabilities, SMM found. In March-August, Chinese smelters produced 18.31 million tonnes of primary aluminium, down 1.6 per cent from the contemporary period of 2017. In June-September, over...
The union at Alcoa’s aluminium operations in the state of Western Australia said it was meeting with the company again on Wednesday to try to resolve a strike that has lasted more than six weeks, after the firm last week revised an earlier offer. Unionised workers at two alumina refineries and three bauxite mines walked out on Aug. 8 on worries that a new workplace agreement did not adequately address job security. The strike has come during a period of very tight supply for aluminium-making material alumina, helping prices for the commodity rally by 20 percent over a month. “(The union’s negotiating team) is meeting with Alcoa this Wednesday to discuss a resolution to the dispute,” said Australian Workers’ Union State Secretary Mike Zoetbrood. He said that union members had met last...
As Nalco’s chairman and managing director Dr. T. K. Chand say that the navratna company is always focused on constant value addition, this time it has decided to place high stakes on downstream aluminium business. After co-developing a downstream park with Odisha Industrial Infrastructure Development Corporation (Idco) and planning joint ventures with foreign players- Almex and Rusal, the company has pledged an investment of INR 5.52 billion on a major downstream complex at Kamkhyanagar in Dhenkanal district. The entire fund for the project will come from Nalco’s internal accruals, according to the report. Dr. T.K. Chand has also said “There is a huge demand for value added aluminium products. Apart from catering to the demand, product diversification will also shore up our margins.” As...
