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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State-owned aluminium major National Aluminium Company (Nalco) has intimidated that it is making all efforts to procure more materials from mid-sized, small or micro enterprises. Reportedly, the procurement will expand from the current level of INR 400 crore to INR 1200 crore in the coming time. Nalco chairman Dr. Tapan Kumar Chand said this is the right time for MSMEs to grow and shine bright. He further said India had been emerging as the youngest nation with 64 per cent of population in working group. If this demographic dividend could be properly cultivated, it would increase GDP by 2 per cent, taking it to double digits. This could be possible only if the huge workforce was provided productive employment. Speaking about the upcoming Angul Aluminium Park, Chand responded that there...
Braidy Industries founder Craig Bouchard is of the view that smaller US firms, who are laying off stuff and curtailing production are trying to cover up their own management and operating faults with aluminium tariffs. Bouchard is one of the strong supporters of Trump administration’s 10 per cent tariff on aluminium imports. Many steel sector executives also reported profits rise as a result of a 25 per cent tariff on steel imports and praised Trump’s effort to support the metals industry. The top executive of a number of businesses, Bouchard disagrees with the Republican lawmakers, economists and others who argue the new duties will undermine a growing economy. He argues that the U.S. has been at a competitive disadvantage for years because of global tariffs on American goods and it’s...
The international export-import data shows that the total volume of aluminium scrap imported to Belgium has been rising over the past few years. In 2016, Belgium had imported about 2, 75, 996 tonnes of aluminium scrap in total, while in 2017, the import volume increased 6.4 per cent to 2, 95, 076 tonnes. This year is estimated to be no exception as well. In 2018, the scrap import volume to Belgium is likely to rise even further to 2, 99, 165 tonnes, 1.38 per cent higher from 2017 and 8.39 per cent higher from 2016. The import value is also expected to increase in 2018 to stand at US$ 264 million from that of US$ 246 million in 2017. In 2016, the import value was higher than 2017 at US$ 251 million despite the lower import volume, but down from the expected import value in 2018. However,...
Each year the world’s biggest and most innovative camper manufacturers descend on Düsseldorf, Germany, to show the latest and greatest in vans, RVs, travel trailers, and more in the Düsseldorf Caravan show. Volkswagen is expected to debut a new camper at Düsseldorf which would create excitement among the campers. Düsseldorf show offers a platform to display never before seen concept designs that push the boundaries of what’s possible. The latest camper that will debut at the show is the Lume Traveler. Made in the Netherlands, this boxy travel trailer features a sleek aluminium shell broken up by a few windows and a side door. The sleek aluminium chassis works on keeping the body lighter so that the campers can accommodate more stuff inside. The most unique part of the Lume Traveler is...
At AlCircle, innovation and information is the key to excel! Having created a niche of its own as a one of a kind Information and business portal for the complete global value-chain of aluminium; AlCircle has now launched a range of services under the umbrella of an Exclusive Membership Plan . Customizable and tailor made for the aluminium industry participants, both from the large scale enterprises as well as the SME sector and the R&D sector, the membership plan will make availing its services easier and clutter-free for its users. There is a big market for information and it is growing manifold every day. Getting the right kind of information for your business at the right time is one of the prime criteria in running a business successfully. Next stage is to get that correct and...
In less than five months, the Trump administration has collected more than $1.4 billion in new revenue from steel and aluminum tariffs, according to a recent report prepared for members of Congress. The Congressional Research Service estimated that, between March 23 and July 16, the U.S. reaped $1.1 billion and $344.2 million from levies on foreign steel and aluminum, respectively. Those earnings are on the rise as trade negotiations with allies linger on and President Donald Trump moves to hike tariff rates on countries like Turkey. CRS says the new tariffs could reap the U.S. some $7.5 billion — $5.8 billion on steel and $1.7 billion on aluminum – based on last year's import levels. In 2017, the U.S. imported $29 billion worth of steel products covered the tariffs and $17.4 billion...
Hayleys PLC, one of the leading diversified conglomerates in Sri Lanka opens a world class largest extrusion factory in the South Asian region in order to expand the production of aluminium extrusions. Hayleys invested over Rs. 2 billion to set up this modern state of the art factory of its subsidiary Alumex PLC, a fully integrated manufacturer of aluminium profiles in Sri Lanka since 1986. Mohan Pandithage, CEO, Hayleys PLC said that this expansion will upgrade its manufacturing infrastructure and technology while continuing the supply of its unique aluminium profile ranges. Addressing media in Colombo on Friday, he said that the demand for aluminium extrusions has surges significantly due to the quick growth of the country’s construction sector. The construction sector growth has helped...
Ghana Vice President Dr. Mahamudu Bawumia declared that around 10,000 housing units would be constructed in Ghana for security personnel across the country under the infrastructure of US$2 billion worth of barter trade bauxite deal signed with Chinese Sinohydro Group. This initiative for the security services under the Sinohydro project would be the largest single undertaking of its kind since the independence. Bawumia said this at a sod-cutting ceremony for the construction of 320 housing units at the Ghana Police Training School, Tesano, Accra, on 13th of August, 2018. “I would like to assure the Security Services that this project will not be the last. Government has reached advanced stages with Sinohydro Corporation Limited for the construction of houses and court structures for the...
The US dollar index notched a fresh 14-month high at 96.52 before it closed at 96.27 overnight as Turkey’s economic woes continued. LME aluminium hovered within a range of US$25 for most of the day and closed the day’s trading at US$ 2052 per tonne yesterday August 13. The metal rebounded from a low of US$2,070 per tonne and closed at US$2,080 per tonne on Monday night. Shanghai Metals Market expects it to continue the range bound pattern today with a trading range of US$2,060-2,100 per tonne. As on August 13, LME aluminium cash (bid) price stands at US$ 2051per tonne, LME official settlement price stands at US$ 2052 per tonne; 3-months bid price stands at US$ 2076 per tonne, 3-months offer price is US$ 2077 per tonne; Dec 19 bid price stands at US$ 2113 per tonne, and Dec 19 offer price...
Followed by controlled production at aluminium fluoride manufacturers in mid-June, the fluoride prices in China have been reportedly clocking a steady trend since the beginning of the month, Shanghai Metals Market found. Major fluorochemical enterprises were heard to have convened in mid-June in Hengshan, Hunan province and agreed to operate in a staggered pattern to support aluminium fluoride prices at RMB 9000 per tonne ex-work level. These producers suspended production in every alternate month and kept only half of the overall capacities in operation. Aluminium fluoride prices began to rebound soon after these production curbs came into effect. Some offers were even seen at over RMB 10000 per tonne due to limited supply in the market, in contrast to RMB 8500 per tonne in early June....
German economy minister Peter Altmaier deeply condemned Trump’s decision to levy metal import tariffs, saying such measures destroyed jobs and the overall economic growth. He also criticised the Trump administration’s decision to declare sanctions against Iran and said Europe by no means should bow to the US pressure regarding Iran. Besides import tariffs for bitter tit-for-tat trade dispute, the United States’ sanctions on Tehran would also target the European companies doing business with Iran and thus, would open another battle front. “This trade war is slowing down and destroying economic growth – and it creates new uncertainties,” Altmaier told Bild am Sonntag newspaper, adding that consumers suffered the most because higher tariffs were driving up prices. Altmaier lauded the...
Operating rate across 50 Chinese aluminium extrusion manufacturers reportedly fell in July as temperature continued soaring and labour shortage and orders fall from the solar sector remained a matter of concern. According to the recent update from Shanghai Metals Market, the manufacturers in July operated at 59.5 per cent, 2.98 percentage points lower from June. The operation rate of construction extrusion fell 3.34 percentage points to stand at 60.4 per cent, while that of industrial extrusion hovered at 50.8 per cent. Operating rate across large-scale manufacturers came in at 65.3 per cent, while that of the mid-sized and small-sized ones were at 55.5 per cent and 26.8 per cent, respectively. The decline in operating rate across all the Chinese manufacturers irrespective of their...
Metro Mining has secured and signed further bauxite offtake agreements with its Chinese partners for the supply of its 2018-2019 production from its Bauxite Hills operation in Far North Queensland. After securing the two new agreements, about 90% of Metro’s planned 2018 production is sold or contracted for sale, as well as 80% of its 2019 production. Sales have been made into China’s Henan Province, where supply of domestic bauxite has been hindered by recent mine closures on environmental restrictions. According to Metro Mining managing director Simon Finnis the agreements were another development towards building credibility for Metro bauxite and getting a stronger foothold in the Chinese market. “These agreements are particularly pleasing as 2018 is now largely covered to a number of...
According to the latest update by Shanghai Metals Market, China’s market of new energy vehicles (NEVs) again saw a growth in July as both output and sales surged from a year ago. In July, production of NEVs stood at 90,000 units, after increasing 53.6 per cent year-on-year and 5.5 per cent from the earlier month, as shown by the data from the China Association of Automobile Manufacturers (CAAM). Sales also rose 47.7 per cent year-on-year to stand at 84,000 units in July but inched down 0.9 per cent from June. However, China’s overall vehicle production and sales saw a decline on both month-on-month and year-on-year in July. Around 2.04 million unites of vehicles were produced China in the month of July, down 10.8 per cent from a month ago and 0.66 per cent from the corresponding period of...
Hindalco reported Q1 FY19 results for Utkal Alumina, Hindalco standalone, as well as Aluminium Business. Though alumina production was marginally lower due to planned maintenance shutdown in one of the refineries, Hindalco reported an EBITDA of INR 1,531 crore (US$ 220 million) and a margin at 27 per cent, highest in the last 28 quarters, for Hindalco Aluminium Business including Utkal Alumina. EBITDA was up 35 per cent compared to INR 1,132 crore in Q1 FY18. The results also lifted the EBITDA for Hindalco standalone plus Utkal Alumina to INR1,951 crore, highest ever quarterly results for the group. Hindalco’s aluminium revenue for Q1 FY19 stood at INR 5,667 crore. This increase was on account of better sales realisations and stable plant operations. The company achieved steady aluminium...
Hindalco, one of the largest aluminium producers in India, has urged the government to cap the quantity of imports of low-cost semis, wire rods, scrap from China, southeast Asia, and the United States, fearing the rising share of inbound shipments in the domestic market. “We have asked the government to impose quantitative restrictions on imports in the near term,” said Satish Pai, Hindalco’s managing direct and chief executive office. According to his opinion, the government should move to duty safeguards eventually but before that should put quantitative restrictions. He added that although the profit of aluminium producer clocked double in the Q1 ended on June 30 driven by manufacturing and government’s infrastructure push, the import quantity rose 20 per cent in the said period due to...
According to an update from Shanghai Metals Market, SHFE 1810 contract fell and closed at RMB 14,685 per tonne today as some longs covered their positions and the contract is expected to face resistance at RMB 14,850 per tonne. Average A00 ingot prices stand at RMB 14,500 per tonne today, up about 0.07 % from Friday. Prices in the individual spot markets also started the week with a rise. Spot discounts have narrowed and are now ranging at RMB 50-10 per tonne. China's inventory of primary aluminium across eight major consumer markets, including SHFE warrants, lost 9,000 tonne from Thursday August 9 to stand at 1.766 million tonne as on Monday August 13, SMM data showed. Though downstream consumption was low, the inventory fell over the weekend as deliveries from the northwest smelters...
The dollar index logged a new high in over one year, settling at 96.45 on Friday night, while the Turkish lira fell over 20% against the greenback, reaching a record low of 6.87, after US President Donald Trump announced he was doubling metals tariffs on Turkey. LME aluminium showed downward trend during the day’s trading on Friday August 10 closing at US$ 2039 per tonne. After hitting a high of US$2,117 per tonne overnight, LME aluminium came off and closed at US$2,078.5 per tonne with strong resistance at the 40-day moving average. It is likely to continue to struggle among several moving averages and trade at US$2,060-2,100 per tonne today. As on August 10, LME aluminium cash (bid) price stands at US$ 2038.50 per tonne, LME official settlement price stands at US$ 2039 per tonne;...
