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 index slipped 0.07% to 95.098 overnight, while the pound dropped to its lowest level in almost a year on Wednesday. LME aluminium surged and closed at US$2,116.5 per tonne on Wednesday night after closing the day’s trading at US$ 2022 per tonne. The market was buoyed by the news of workers at Alcoa’s Pinjarra alumina refinery in Western Australia walking out of their job indefinitely after they failed to settle a new enterprise agreement. LME aluminium is likely to trade at US$2,110-2,160 per tonne today. As on August 8, LME aluminium cash (bid) price stands at US$ 2021 per tonne, LME official settlement price stands at US$ 2022 per tonne; 3-months bid price stands at US$ 2044 per tonne, 3-months offer price is US$ 2045 per tonne; Dec 19 bid price stands at US$ 2100 per tonne,...
Australian Bauxite Limited told the ASX wholly owned subsidiary ALCORE Limited would have the world rights for refining with its ALCORE technology. It said the technology aimed to refine raw bauxite to produce aluminium fluoride and other valuable co-products. "... in the longer term, these global technology rights allow ALCORE Limited to produce aluminium fluoride in any location globally," Ian Levy. Australian Bauxite said the global licence would allow ALCORE to build plants anywhere to meet growing demand for aluminium fluoride and related products. “Step by step, ABx (Australian Bauxite) is bringing ALCORE’s powerful new bauxite refining technology closer to becoming an important domestic producer and supplier of key aluminium fluoride products for the Australasian aluminium...
According to the latest Mineral Industry Survey report from US Geological Survey, Domestic primary aluminium production in May 2018 was 73,000 tonnes. The average daily production in May was 2,360 t, unchanged from that in April 2018, and 14% more than that in May 2017. The U.S. aluminum industry purchased an estimated 724 million pounds of aluminum scrap during May 2018. The country imported 63,200 of aluminium scrap in May, up from April 2018, but slightly down YoY. For the period of January to May 2018, 284,000 tonnes of scrap were imported by the U.S, down from the same period of 2017. As a whole scrap import has dropped in May as well as for the period from January to May in comparison to the same period of 2017. On the other hand, the U.S. exported 148,000 tonnes of aluminium scrap...
On Tuesday, August 7, the Trump administration announced to go ahead with its plan to impose a 25 per cent tariff on US$16 billion worth of Chinese goods for escalating a trade war with Beijing further. As per the plan, the new tariff will come into effect on August 23, on 279 Chinese product lines including electronics, plastic, and railway freight cars. The number of products is lesser this time than the original 284 items proposed on June 15, said the US Trade Representative’s office. This tariff is the second round of duties that the US has imposed on Chinese goods in a dispute over technology. This was proposed during a breakdown of trade talks between the Trump administration and Beijing. An initial round of tariff was placed on US$34 billion of Chinese products on July 6. A week...
AlCircle recently launched a new Sector Focus Report – “The World of Aluminium Extrusions - an industry analysis with forecasts to 2025” into its 2018 Report portfolio. There is a big market for research and analysis and it is growing manifold every day. AlCircle has been into the business of information for pretty long and has already become the reference point for the industry as far as news, analysis, blogs and events are concerned. The portal now offers exclusive sector specific reports that are designed to help industry participants with accurate information and in better decision making. Aluminium extrusion sector is one of the fastest growing aluminium product segments across the world. Currently, global aluminium extrusions capacity stands at about 41.5 million tonnes per annum....
Shanghai Metals Market has recently unveiled a roundup of the total production of base metals including alumina and aluminium in China for the month of July, after surveying major producers in the market to obtain first-hand information for calculation. China’s total output of alumina in July recorded an increase by 2.4 per cent from the contemporary period of previous year to stand at 5.91 million tonnes, while the daily average output plunged by 4.1 per cent to 191,000 tonnes. This decline in daily average output could be primarily because of the production cut and refinery maintenance at some of the major producers in China including Chalco Shanxi, Sanmenxia Kaiman, and Shanxi Huaxing on tight bauxite supplies in the market. However, the country is hopeful about its production in...
The US dollar index softened and closed at 95.165 on Tuesday as the Chinese yuan showed more stability after the country’s central bank on Friday raised the cost of shorting the currency. LME base metals, except for aluminium, rose across the board on Tuesday. The contract closed Tuesday’s trading at US$ 2026.5 per tonne. With a weaker SHFE counterpart, LME aluminium shed early gains and touched a low of US$2,032.5 per tonne on Tuesday night. It is likely to trade at US$2,035-2,055 per tonne today. As on August 7, LME aluminium cash (bid) price stands at US$ 2026 per tonne, LME official settlement price stands at US$ 2026.50 per tonne; 3-months bid price stands at US$ 2052.50 per tonne, 3-months offer price is US$ 2053 per tonne; Dec 19 bid price stands at US$ 2108 per tonne, and Dec 19...
According to the latest update by Shanghai Metals Market, south China on Tuesday, August 7, saw a narrow trading activity in the spot aluminium market, though slightly better than the previous day. But the SHFE August contract edged lower in the morning, Most transactions in Guangdong were heard at RMB 14440 per tonne to RMB 14450 per tonne, with the Guangdong-Shanghai price spread narrowed to RMB 150 per tonne. However, sellers across the region remained keen to offload their cargoes and some traders showed a little buying interest and made purchases as per the demand. A00 aluminium ingot price showed no significant move against the thin trading on August 7 except being plunged by RMB 10 per tonne from the previous day to stand at RMB 14290 per tonne. On August 8, the price remained the...
Novelis Inc., the world leader in aluminium rolling and recycling, today reported net income of US$137 million for Q1 FY 2019, compared to US$101 million in Q1 FY 2018. Excluding tax-affected special items, the company reported net income of US$113 million in Q1 FY2019, up from US$103 million in the same period of FY 2018. The increase in net income, excluding special items, is mainly due to a 15 per cent increase in Adjusted EBITDA to US$332 million in Q1 FY 2019. This gain is attributed to the investments made by the company in order to increase global rolling, automotive finishing, and recycling capacity so that they can drive higher shipments, strengthen its product portfolio, and manage costs. Net sales increased 16 per cent over the prior year to US$3.1 billion for Q1 FY2019, driven...
According to the recent data, the global aluminium powders, pastes, and flakes market is estimated to grow at a CAGR of 5.03% during the period 2018-2022. In fact, with the advancement in technology and growth in global economy, the aluminium powder industry has evolved extensively over the past few years. So to say, the increasing investments in infrastructure are significantly driving the demand of aluminium powder and flakes. The demand and use of aluminium nanopowders is also forecast to rise on the growing adoption of nanotechnology. The key players in the industry, including Czech Republic is expected to cash on these opportunities that abound the market during this period. The import of aluminium powder and flakes by the country is thus, estimated to grow this year. In 2017, the...
The data from the China Automobile Dealers Association showed that Chinese vehicle imports declined 87 per cent in June YoY to 15,000 vehicles as automakers delayed shipments before tariff cuts on foreign-made vehicles took effect in July. The data from the Association also showed that overall sales of imported vehicles during the first half of 2018 fell 22 per cent YoY to 451,971 vehicles. In May, China said it would steeply cut import tariffs for foreign-made automobiles and car parts to 15 per cent from 25 per cent effective July 1. But in July, after the implantation of U.S. tariffs on imported steel and aluminium, China raised tariffs on vehicles imported from the United States to 40 per cent as a retaliatory measure. Rising trade tensions with Washington affected the automobile...
In Q2, the company reported a net loss of $47 million compared to net loss of $2 million in Q2 2017. The loss is attributed to a debt adjustment of US$49 million associated with the Company's debt refinancing. Record adjusted EBITDA increased to $85 million from US$66 million in Q2 2017. Strong demand, improved operating performance and a favourable metal environment in North America drove the positive results. Results are also positively affected by higher global automotive volumes, improved rolling margins and improved operating performance in Europe as well as commercial shipments from new North America automotive assets. Favorable North America metal spreads, resulting from increased aluminium prices, improved scrap availability and strategic metal purchasing also drove the results....
India’s retaliatory tariffs on 29 American products have been postponed to 18 th of September, which was originally scheduled on August 4, 2018. This decision came out in the ongoing discussion between the two countries to resolve trade disputes. “The said notification, with effect from the 4th day of August-...shall come into effect from the 18th day of September, 2018,” the government said in a notification. Last week, the department of commerce recommended to the department of revenue to amend the notification for further extension of the countermeasures by next 45 days. The countermeasures are levied on 29 American products worth of US$235 million, including apples, almonds, walnuts, iron and steel products, flat rolled products of stainless steel. Deferring this retaliatory move is...
According to the report from China’s Environment Ministry in late March, the country had decided to strengthen its fight against persistent smog and pollution by further empowering and restructuring its environment ministry and drawing up a new three-year action plan which promises tougher targets on industrial polluters. As part of its new remit, the ministry already started environmental checks from June 11, 2018, expanding over more cities and regions including Beijing, Tianjin, and 26 cities in Hebei, Shanxi, Shandong, and Henan provinces including Shijiazhuang, Tangshan, Langfang, Baoding, and many others. Two hundred teams with a total of around 18,000 inspectors and support staff had been sent out, triple the size of the workforce during the past winter heating season. According to...
The US dollar index strengthened further and closed at 95.35 overnight as investors bet that trade wars and a robust US economy would continue to drive the currency higher. Base metals closed mixed overnight. LME aluminium rose over 1% after closing the day’s trading at US$ 2000.50 per tonne, further down from last closing. Strong performance of SHFE also bolstered LME aluminium, which rebounded and closed at US$2,053 per tonne on Monday night. Shanghai Metals Market expects the LME aluminium to trade at US$2,040-2,060 per tonne today. As on August 7, LME aluminium cash (bid) price stands at US$ 2000 per tonne, LME official settlement price stands at US$ 2000.50 per tonne; 3-months bid price stands at US$ 2027 per tonne, 3-months offer price is US$ 2028 per tonne; Dec 19 bid price stands...
Mid-States Aluminium Corp., one of the leading suppliers of aluminium extrusions, has reportedly started breaking grounds and taking necessary steps towards expansion and installation of a new press line at its extrusion and fabrication facility. This new facility involves around US$ 23 million of investment in the local area, which will be used in buying “state-of-the-art extrusion press line and automation equipment,” according to a press release from the company. This will allow the company to upgrade its facility while maintaining its competitive advantage in the market for aluminium extrusions and value-added competition. Located at 132 Trowbridge Drive, the facility currently provides services in aluminium extrusion, as well as machining, fabrication, anodizing, tooling and assembly...
UC Rusal, one of the leading aluminium producers in the world, has unveiled its results for the second quarter and the first half of calendar year 2018 ended on June 30, 2018. According to the results revealed, Rusal’s aluminium production in Q2 2018 stood at 939 million tonnes while that in 2017 was at 921 million tonnes. The primary aluminium production in H1 2018 also increased 39,000 tonnes to stand at 1870 million tonnes, against 1831 in H1 2017. Production cost per tonne in Q2 2018 rose to US$ 1672 per tonne from US$ 1497 per tonne in Q2 2017 and that in H1 2018 grew to US$1679 per tonne from US$ 1456 per tonne in H1 2017. Despite the rise in production, Rusal’s sales of primary aluminium and alloys recorded lower in Q2 and H1 of 2018 at 783 million tonnes and 1748 million tonnes...
According to an update from the office of Chhattisgarh Mineral Development Corporation (CMDC) the organization has started the tendering process for carrying out detailed exploration of different Bauxite and Iron Ore blocks in the State. The Corporation has also started processing tender for preparation of Exploration and Pre-feasibility Report of the blocks. The bauxite blocks are situated at Sukhjhar, Rupakhar and Pathrai blocks covering a total area of about 580 hectors. According to the Central Government data, the exploration of bauxite mineral reserves had been going on in Kabirdham, Surguja, Balrampur, Jashpur, Kanker and Kondagaon districts of Chhattisgarh. The mining activities of major minerals including Bauxite, are regulated as per the provisions contained in the amended Mines...
