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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Auto components maker Amtek Auto reported yesterday, August 29, a lower standalone net loss of INR 80.21 crore for the quarter ended December 31, 2017. The net loss, during the contemporary period last year, had stood at INR 241.56 crore, as the company posted. This means the standalone net loss in Q4 2017 dropped by 66 per cent year-on-year. The total revenue also declined from INR 458.6 crore in Q4 2014 to INR 316.18 in Q4 2017, Amtek said is a BSE filling. In July last year, NCLT had admitted insolvency proceedings initiated by a consortium of banks led by Corporation Bank. As per the resolution plan, UK-based Liberty House will acquire control in the company in accordance with the applicable laws. The resolution plan was voted upon in April this year and then approved by the Committee...
ZENS has just launched a trio of new wireless chargers at IFA with aluminium bodies and at least one that is quite similar to Apple's forthcoming AirPower. The three chargers consist of a dual charger, a single charger, and a second dual charger with an Apple Watch charging puck. Of the trio, the most interesting one seems to be the last, as it can charge two iPhones and an Apple Watch simultaneously. Each iPhone and the Apple Watch get charged at full speed, namely 7.5 Watts for each phone and 5 Watts for the watch, which matches up to the reported 20-Watt output. A charging puck for the Apple Watch is built in, which means you don't need to supply your own. This helps keep down clutter and improve design because there is only one power cord to deal with. This makes ZENS' Dual+Watch very...
As per the data shown by Aluminium Association of Canada, Canada’s primary aluminium industry is the fourth largest in the world with an annual production of 3.2 million tonnes of primary aluminium, using the lowest carbon footprint. Alcoa, Aluminerie Alouette and Rio Tinto operate 10 plants in Canada (9 plants in Quebec and 1 in British Columbia). The industry supports more than 8,000 jobs in Canada generating over 5.5 billion US$ in annual deliveries. {newsStudioGallery} The country imports the largest part of its alumina to feed its smelters. Rio Tinto owned Vaudreuil refinery, Jonquiere and Quebec refineries produce about 1.56 million tonnes of alumina and the rest they import from several parts of the world. According to the global export-import data, Canada is forecast to import 4.7...
AMETEK Surface Vision, a world leader in automated online surface inspection solutions for the metals industry, will exhibit at SIS.EUROPE 2018 – Surface Inspection Summit, September 18-19, at the TEMA Pyramid, Aachen, Germany, The summit combines presentations from experts from the steel and non-ferrous metals industries with an exhibition by leading suppliers of surface vision and quality assurance systems. The summit offers a unique opportunity for users of surface inspection systems and providers of surface inspection products and services to come together at a single location. As a leading developer of software-enabled vision systems, AMETEK Surface Vision will showcase its latest in-line image processing technology for optimized surface inspection and monitoring as well as process...
Indian aluminium major NALCO said on August 29 that its net profit for 2017-18 doubled to INR 1,342 crore from INR 669 crore recorded one year ago credited it to its new business plan which has put the company on a new growth path. "The company achieved highest net profit in last 10 years of Rs 1,342 crore in 2017-18 against Rs 669 crore earned in previous year," CMD of NALCO, Tapan Kumar Chand said on the sidelines of the 37th Annual General Meeting of the Navaratna company in Bhubaneshwar. NALCO also achieved the highest-ever turnover of INR 9,376 crore since inception in last fiscal, registering a growth of 26 per cent YoY. The company registered export earnings of INR 4,076 crore, up 12 per cent YoY. The company has also declared a record dividend payout of INR 1,102 crore or 114 per...
The U.S. Commerce Department said on Wednesday that U.S. President Donald Trump approved targeted relief from quotas on steel and aluminium from some countries. The statement confirmed that Trump signed proclamations allowing relief for South Korea, Brazil and Argentina for steel and on aluminium from Argentina. “Companies can apply for product exclusions based on insufficient quantity or quality available from U.S. steel or aluminium producers,” the statement said. “In such cases, an exclusion from the quota may be granted and no tariff would be owed.” The tariffs on steel and aluminium imports, which were implemented in March for some countries, took effect for European Union, Canada and Mexico from June 1. On May 31, Commerce Secretary Wilbur Ross said that arrangements had been made...
The Aluminium Association of India (AAI) has reportedly drawn the attention of the Prime Minister’s Office (PMO) to the critical coal shortage situation. The government had decided to allocate more coal-bearing railway rakes to the electricity generation sector which in turn has affected the power-intensive aluminium industry. In a letter written to the PM’s Office, the aluminium industry has demanded the resumption of regular fuel supply as per the contracted quantity and also complained about the reduction of supplies without prior notifications. AAI points out that coal rakes allocated to the segment has not been more than 15 per cent since July 2017. In June 2018, it was less than 9 per cent. Out of 63 million tonnes of requirement, the aluminium sector had reportedly received 40...
The US dollar index slumped to the lowest in four weeks, as investors lost confidence in the dollar after the US and Mexico reached a preliminary agreement to change parts of the North American Free Trade Agreement (NAFTA). Base metals closed mixed. Short supplies of alumina overseas provided more support to LME aluminium than to SHFE aluminium. After closing the day’s trading at US$ 2116 per tonne, the contract jumped 1.13% overnight. Shanghai Metals Market expects LME aluminium to trade at US$2,150-2,185 per tonne today. As on August 29, LME aluminium cash (bid) price stands at US$ 2115 per tonne, LME official settlement price stands at US$ 2116 per tonne; 3-months bid price stands at US$ 2141 per tonne, 3-months offer price is US$ 2142 per tonne; Dec 19 bid price stands at US$ 2172 per...
The primary aluminium inventories across eight major consumption areas in China have extended gains over the week as arrivals rebounded and consumption in Guangdong weakened, Shanghai Metals Market found. As of today, August 30, stocks, including SHFE warrants, have grown by some 9000 tonnes from a week ago and 8000 from Monday to stand at 1.747 million tonnes. The below chart shows the current status of the inventories in major Chinese markets: In this background, the A00 aluminium ingot price has recorded a little plunge to stand at RMB 14810 per tonne. Till yesterday, the price was at RMB 14820 per tonne. This shows that today the ingot price has dipped by RMB 10 per tonne. The average prices are expected to range between RMB 14790 per tonne and RMB 14830 per tonne, with spot discounts...
After experiencing difficulties in the United States market, China’s aluminium extrusion giant China Zhongwang Holdings Ltd is eyeing the Chinese domestic market as well as the market in Europe to expand sales presence. So said the company’s managing director in an interview published on August 28. As per Amada Xu Jing’s report to the South China Morning Post, the firm has had continual problems marketing to the United States because of initial tariffs on Chinese aluminium imports in addition to the late trade unpleasantness between the two countries. Earlier, the firm used to generate a significant portion of its sales from the United States buyers, accounting for 42 per cent of the company total sales in 2009. But just in two years of time, it dropped to as low as 4 per cent, thanks to...
The 8th International Aluminum Congress, which is taking place on September 3 and 5, simultaneously with ExpoAlumínio – International Aluminum Exhibition, at São Paulo Expo, would highlight the theme “Global Trends on aluminium and the insertion of Brazil in this scenario.” Under the Associação Brasileira do Alumínio – ABAL [Brazilian Aluminum Association] curatorship, the congress would host professionals from the Brazilian and global industry, academy representatives, researchers and students. The three days of the Congress will approach the global and national scenario, presenting Brazil and the global market, trends and technical discussions with the presence of exponential speakers and companies. More than 50 Keynote Speakers have confirmed their presentations during the three days...
According to a report from Reuters, China is exporting large volume of alumina for the second time this year despite the domestic price rise that is putting pressure on smelters. Chinese alumina suppliers signed contracts to export over 140,000 tonnes of alumina in July at a higher price, according to consultancy CRU. Chinese customs data shows that is three times higher than the entire volume exported in 2017. China, which has always exported very insignificant volume of alumina due to strong domestic demand has started focusing in the export market since April this year as the capacity cut in Norsk Hydro’s Alunorte plant in Brazil and U.S. sanctions on Rusal created supply disruption in the international market and lifted the prices. International alumina prices increased 37 per cent...
Ukraine’s aluminium ore and concentrated bauxite import volume have reportedly increased by 6.3 per cent in H1 2018 to stand at 2.772 million tonnes, compared to 2.597 million tonnes in the corresponding period of 2017. But the cost remained down by 1.3 per cent to US$ 109.994 million, from US$ 111.423 million in 2017, according to customs statistics released by the State Fiscal Service. {newsStudioGallery} The statistics also show that Guinea accounts for the major share of import cost and that is almost 58 per cent, followed by Guyana that accounts for around 36 per cent and then Brazil 5.48 per cent. In the same period of time, the country reportedly re-exported 45 tonnes of bauxite to Poland and earned US$ 5000, whereas, in the contemporary period of 2017, the country had earned...
A solid performance in both domestic and overseas markets in the six months to June indicates 2018 could be a good year for European aluminium foil rollers, according to figures released recently by the European Aluminium Foil Association (EAFA). Total deliveries of 464,000 tonnes in the year to date are 2.3% ahead, almost double the increase seen for the same period in 2017, indicating increasing demand in all markets. Thinner gauges, used mainly for flexible packaging and household foils, led the way with a 3.8% increase. Deliveries of thicker gauges, used typically for semi-rigid containers and technical applications, were down 0.5% in the first six months. Exports continued towards an overall increase of +21% for the first half of 2018, well ahead of the year before. Domestic...
According to the latest aluminium recycling statistics published by the U.S. Geological Survey, Department of Interior; the U.S. aluminium industry consumed an estimated 323,865 tonnes of aluminium scrap during June 2018, down about 4 per cent from the June 2017 total of 337,019 tonnes. The volume also drops slightly month on month. USGS estimates that recovery of aluminium and aluminium alloys totalled 298,464 tonnes in June, almost flat year over year and month on month. Through the first half of 2018, preliminary data indicate that the U.S. aluminium industry consumed an estimated 1.96 million tonnes of scrap, down 4.8 per cent from 2 million tonnes in the same period of 2017. Recovery of aluminium from scrap totalled an estimated 1.8 million tonnes, off 2.6 per cent from year-to-date...
The state-owned Navartna Company under Ministry of Mines National Aluminium Company Ltd. (Nalco) has reportedly pitched for Angul Aluminium Park as a potential area for collaboration with Russia for technology and investment, on August 29. This news came after a discussion in the seventh session of India-Russia Sub-Group on Mining under the India-Russia Working Group on Modernization and Industrial Cooperation, to particularly identify the areas of cooperation and collaboration. Angul Aluminium Park is an exclusive state-of-the-art industrial park for ancillary and downstream industries of alumina and aluminium, jointly promoted by NALCO and IDCO. Industry experts have also voiced in favour of this collaboration as they believe it will bring in Russian high-end technology in downstream...
A strong Conference Board (CB) Consumer Confidence index for August lowered the US dollar index by 0.07% last night. Most LME and SHFE base metals gained. Tight supplies and higher purchasing prices of alumina in the overseas market pulled up LME aluminium, which soared to an intraday high of US$2,142 per tonne. It rose 2.35% higher from Monday closing price of US$ 2088 per tonne and closed at US$2,133 overnight. With open interests up 1,921 lots to 626,000 lots, Shanghai Metals Market expects LME aluminium to trade at US$2,110-2,130 per tonne. As on August 28, LME aluminium cash (bid) price stands at US$ 2087.50 per tonne, LME official settlement price stands at US$ 2088 per tonne; 3-months bid price stands at US$ 2114 per tonne, 3-months offer price is US$ 2115 per tonne; Dec 19 bid...
According to Shanghai Metals Market, Weiqiao Group on Tuesday, August 28, planned to increase its September’s purchasing price for pre-baked anode by RMB 220 per tonne but met opposition from domestic producers who demanded higher prices. SMM expects Weiqiao to make a bigger upward adjustment by over RMB 300 per tonne from that in August. The final purchasing price is still under negotiation. On August 1, Weiqiao had raised prices by RMB 180 per tonne to RMB 3280 per tonne on cash and RMB 3315 per tonne on acceptance, after seven consecutive months of decline. SMM believes this rebound in prices could be because of a new round of restocking for the 2018/19 winter from this month. The average pre-baked anode spot price in China is, however, continuing at RMB 3315 per tonne with no sign of...
