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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UAE-based Ducab, a leading manufacturer of high-quality aluminium cables and cabling products, has been named one of the top brands in the UAE for the seventh consecutive year by the Superbrands organisation, an independent authority of branding excellence. In an industry with rapidly evolving requirements, Ducab is diversifying its product range to meet energy needs of the future, said a statement from the company. With six manufacturing facilities across the four sites in UAE, the company is well-positioned as a global leader in the development, design, manufacture, marketing and distribution of copper and aluminium wire and cable products providing end to end solutions for the energy, general construction, oil and gas, industrial, defence, transport, marine, mining and other specialty...
On Friday, August 11, President Trump ordered doubling of U.S. tariffs on imported aluminium and steel from Turkey. The decision indicated the growing diplomatic spat with a NATO ally. In his Tweet, Trump justified increasing tariffs to 50 per cent on steel and 20 per cent on aluminium imported from Turkey by citing the decline in Turkish currency. "Our relations with Turkey are not good at this time!" Trump’s tweet said. The U.S. sanctioned Turkey's justice and interior ministers were to protest what the administration calls the "unfair and unjust detention" of an American pastor. While increased tariffs send a diplomatic signal, they are not likely to have a major economic effect in the U.S. According to the Peterson Institute for International Economics, Turkey supplied 4.2 per cent of...
Infrastructure development finance institution Africa Finance Corporation (AFC) on Wednesday announced the on time completion of the Bel Air mine, in Guinea on Wednesday. It also announces the first successful shipment of high-grade bauxite to China. The construction of the mine was completed on time and within budget. Annual production capacity of the mine is expected to be 5.5-million tons of bauxite, which will be added to Guinea’s average annual bauxite exports of about 35-million tonnes. The Bel Air mine was developed by bauxite producer Alufer Mining in the Boffa region of western Guinea. The project was co-financed by a number of organizations under the name of International Investment Consortium and includes names like AFC, Orion Mine Finance and Resource Capital Funds. The total...
Norway-based Tomra Sorting Recycling has announced it will showcase its sensor-based sorting technologies at Aluminium 2018, the world trade fair and conference in Düsseldorf, Germany, Oct. 9-11. Tomra’s exhibition stand will spotlight the company’s X-tractT machine and laser-induced breakdown spectoscropy (LIBS) technology, the company says. According to Tomra, the X-tract machine separates valuable materials from metal waste and LIBS technology sorts and separates different aluminum wrought alloys. Aluminium 2018 is expected to attract more than 27,000 visitors from 100 countries and will share latest insights into aluminum production and processing, finished goods and recycling. Tomra’s technical experts will be available at its stand during all three days of the event. Tomra says its...
China, with the biggest aluminium market, is constantly diversifying its bauxite import sources and at the same time witnessing a year-on-year growth in volume. According to the latest data by China Customs, the country saw an 8 per cent Y-o-Y growth in bauxite import in June to stand at 7.45 million tonnes, against 6.86 million tonnes in the same period of 2017, but 9.4 per cent down from 7.52 million tonnes in a month ago. The major share of import volume was from Guinea at 44.2 per cent as the country continued to be a major supplier of bauxite to China. The data shows that Guinea has been emerging as the mainstay for bauxite sourcing as far the China market is concerned. In 2017, Guinea had exported a total volume of 27.62 million tonnes of bauxite to China that recorded a rise by...
On Monday, August 6 Alcoa requested Trump administration for an exemption from aluminium tariffs. The 130 year old aluminium producer was considered to be one of the companies which were benefitted from the tariffs as they faced stiff competition from import. However, the tariffs turned out to be an injury on the producer as it imports much of its aluminium from its Canadian facilities which fall under the tariff list. But Alcoa’s request indicated the counter risks the Trump administration is facing while trying to protect American firms by erecting trade barriers. Businesses that rely on imported materials are facing increased cost pressure, while others that export to overseas markets are being hit with retaliatory tariffs from tariff hit countries like Canada, China, Mexico and the...
The 10 per cent tariffs that were imposed by U.S. President Trump’s administration on imports of aluminium and steel from July have already caused the prices to rise in the end –user segment. Automotive and packaging companies are constantly expressing concern over higher prices eating up on profits. The developments are having a substantial impact on Ford Motor Co.’s business. Jim Farley, Ford’s president of global markets said this while emphasising the fact that the company does intend to pass higher costs on to consumers. “The escalation of steel and aluminum prices is really significant,” Jim Farley, Ford’s president of global markets, said after a factory ceremony near Detroit to commemorate building the 10 millionth Mustang muscle car. “It’s a significant headwind for us. It’s...
On August 9, the state-run aluminium major National Aluminium Company (Nalco) laid a foundation stone to set up a new aluminium wire rod manufacturing facility at its existing plant at Angul. This 131-crore project will reportedly have an installed annual capacity of 40,000 tonnes per year (alloy grade) and 60,000 tonnes per year (EC grade). At the stone laying ceremony, CMD of Nalco Dr. Tapan Kumar Chand pointed out that the per capita aluminium consumption in India is likely to make a quantum jump in next 2 to 3 years. Backed on various initiatives by the Centre like smart cities, bullet trains, power to every household, energy efficient automobile, aluminium wagons and several others, the aluminium consumption in the country would further grow from the existing level of 3.2 million...
The dollar index jumped 0.54% to 95.61 overnight as investors bet global trade tensions and a robust US economy would support the currency. LME base metals closed mixed on Thursday. The day’s trading for aluminium closed at US$ 2118 per tonne yesterday. Aluminium slumped 2.2%. LME aluminium plunged to a low of US$2,068.5 per tonne overnight and closed at US$2,069 per tonne on Thursday night. We expect LME aluminium to trade rangebound at US$2,070-2,090 per tonne today. As on August 9, LME aluminium cash (bid) price stands at US$ 2117 per tonne, LME official settlement price stands at US$ 2118 per tonne; 3-months bid price stands at US$ 2136 per tonne, 3-months offer price is US$ 2138 per tonne; Dec 19 bid price stands at US$ 2173 per tonne, and Dec 19 offer price stands at US$ 2178 per...
Trading in the spot aluminium market in east China stood narrow on Thursday, August 9, compared to the previous day as surging prices jeopardised downstream consumers’ buying interest, Shanghai Metals Market learned. According to SMM, A00 aluminium ingot price clocked a significant hike right from RMB 14290 per tonne, as of August 8, to RMB 14660 per tonne on August 9, indicating surge by RMB 170 per tonne. The SHFE August contract climbed RMB 300 per tonne from overnight as of noon, driven by the industrial action at Alcoa’s Pinjara alumina refinery in Western Australia. Spot discounts in the east settled at RMB 40 per tonne, while transactions in Shanghai hovered at RMB 14630 per tonne to RMB 14660 per tonne and that in Wuxi and Hangzhou at RMB 14620 per tonne to RMB 14660 per tonne and...
The Ghana National Chamber of Commerce and Industry (GNCCI) has agreed to lend its support to the Integrated Bauxite and Aluminium Project of the country, stating that this project represents an excellent step to market the country’s own bauxite reserves. Mark Badu-Aboagye, president of the GNNCI, explained that dual investment strategies are usually a typical model adopted by resource-rich states for mineral exploitation, which they “spend as you go” (SAYG) and delinked investment. “In the Chamber’s view, the government appears to be pursuing a conflation of the two models in order to bridge the estimated US$ 30 billion infrastructural gap in the country with the US$2 billion barter agreement with SinoHydro Group Limited of China for Ghana’s refined bauxite.” Although Mr. Mark Badu...
National Aluminium Company (Nalco), one of the largest integrated aluminium companies, wears a success hat for recording a fivefold jump in net profit in the first quarter of financial year ending on June 30, 2018. From INR 129 crore in the year-ago period, the state-run firm’s net profit has clocked at INR 687 crore in Q1 FY2018-19, reportedly surpassing the whole net profit of INR 642 crore in FY 2013-14. "As compared to the corresponding quarter of the last year, the growth in net profit has jumped by a whopping 433 per cent, from INR 129 crore to INR 687 crore," Nalco said in a statement. The revenues also jumped 34 per cent to INR 3035.42 crore in Q1 FY2018-19 against INR 1997.43 crore in the corresponding period of the previous year, attributed primarily to the surge in revenue...
Alcoa workers in Western Australia alumina refineries have walked out indefinitely over an enterprise agreement dispute with the aluminium maker, the Australian Workers’ Union (AWU) said on Wednesday. The strike comes after Alcoa applied to Australia’s workplace regulator to terminate its current agreement, affecting around 1,500 of its 1,600 workers at its three alumina refineries and two bauxite mines in the state, the union said. The refineries account for around 9.3 million tonnes of capacity or some 8 percent of the world’s alumina supply, with the market for the aluminium-making ingredient already tight after sanctions on global aluminium maker UC Rusal and the partial closure of Norsk Hydro’s plant in Brazil. The walkout has not impacted production, Alcoa said. The union said it...
According to a press update from the company on Wednesday, Germany's Trimet Aluminium has completed the sale of its automobile parts unit to China's Bohai Automotive Systems. Trimet decided to spin off its automobile aluminium products business in 2017. In December 2017, TRIMET and Bohai Automotive signed an agreement on Bohai Automotive’s purchase of the majority stake in TRIMET Automotive. Bohai Automotive Systems announced in March that it was negotiating with Trimet to buy a 75% stake in its auto parts unit for 61.5 million euros. The transaction completed all the closing conditions. The transaction took place via a German subsidiary and Bohai Automotive now holds 75 per cent shares in TRIMET Automotive Holding GmbH. Privately owned Trimet Automotive, along with its subsidiary plants...
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, today launches its 2017 sustainability report detailing the organisation’s values, commitments, aspirations and achievements in environmental, social and economic performance. EGA aspires to be measured amongst the world’s leading metals and mining companies in meeting its environmental and social responsibilities. EGA’s sustainability report charts the company’s performance in areas including emissions, safety, technological innovation, community engagement, waste and effluent management and social responsibility. The disclosures made in the report are the outcome of a materiality analysis to identify sustainability topics that warrant the greatest levels of transparency and...
The National Aluminium Company Limited (Nalco), a government of India Enterprise and Navaratna Company, has come forward for bauxite mining in the agency area of Visakhapatnam district, along with a plan to set up an aluminium plant. Minister of state for mines Haribhai Parthibhai Chaudhary announced this news a day or two ago while replying to a question in the Rajya Sabha. This news already raises a deep concern as bauxite beehive is likely to be ruptured once again in the agency area. The tribals of Visakha agency are still up in arms against bauxite mining since the last one-and-half decade, when mining agreements were signed with the company of Ras Al Khaima. Later on, the agreements with the company were shelved by the government. With passing years, several attempts were taken to...
According to China Customs data, China's export of unwrought aluminium and aluminium semis in July rose 18% from a year ago to stand at 519,000 tonnes. The volume stood at 425,580 tonnes in July 2017. The export volume stood at 510,000 tonnes in June, which was the second largest export in Chinese trading history of aluminium, just below the record of 540,000 tonnes in December 2014. This has made July export the second highest till date. Even though the SHFE/LME aluminium price ratio rebounded, depreciating yuan still created robust export margins which boosted export to a significant number. Total exports for the first seven months of this year grew 12.3% on the year and registered at 3.23 million tonnes. The data indicates that despite the US tariffs on steel and aluminium, china...
After five consecutive weeks of increase, aluminium billet inventories have sighted a slight plunge in China on Thursday August 9, backed on limited arrivals from producers, Shanghai Metals Market found. From last Thursday, August 2, the inventories of 6063 aluminium billet have dropped 2,400 tonnes to hover at 82,800 tonnes, as of August 9, SMM data showed. To know more about the status of aluminium billet inventories across all the major Chinese markets, you may refer the chart below. On the face of tight availability of aluminium billet due to thin supplies to the inventories, the spot market price of the secondary aluminium could not restrain but registered a significant hike by RMB 100 per tonne. As of today, August 9, the price of aluminium alloys (ADC12) stands at RMB 15650 per...
