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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Bauxite Resources Limited has published its June 2018 Quarterly Activities and Cashflow report with updates on its exploration activities, takeover bid and cash flows. The report confirms that that proposed proportional off-market takeover bid of BRL by Mercantile OFM Pty Ltd closed on 30 June 2018, with less than 2 million (1% of Issued Capital) shares accepting into the bid. Mercantile purchased on-market shares through its entity One Managed Investment Funds Limited during the offer period and now holds approx. 17.9% of Bauxite’s issued capital. The company has a JV with HD Mining & Investment Pty Ltd (HD Mining) a wholly owned subsidiary of the Shandong Bureau No1 Institute for Prospecting of Geology & Minerals (Shandong) to explore bauxite in Darling Range, WA. The JV provides for HD...
Another feather of glory adds to the hat of Rio Tinto as it stands as the first company in the entire aluminium value chain to receive the Chain of Custody Certification from Aluminium Stewardship Initiative (ASI). This means Rio is now the only officially qualified company to sell aluminium with certification of assurance for highest environmental, social, and governance standards. Besides, this certification takes Rio a step ahead in commitment to responsible mining and metals production as the company to provide independent verification to customers that would allow them to trace the material through a ‘chain of custody’ spanning Rio Tinto’s Gove bauxite mine in Australia, its alumina refinery, aluminium smelters and casthouses in Quebec, Canada. Rio chief executive Alf Barrios said,...
The US dollar rose 0.6% last night to close at 94.76 as the euro fell. Base metals inched up for the most part as market worries eased after the US and EU stepped back from a potential trade war and agreed to be at the negotiation table. LME aluminium closed yesterday’s trading at US$ 2054 per tonne and felt pressure at the 20-day moving average during the European trading session as the US dollar strengthened. With support at the 10-day moving average, it closed the night trading at US$2,068 per tonne after dipping to a low of US$2,053 per tonne. With LME inventory going down 1,625 tonne to 1,207,600 tonnes, the contract is expected to trade rangebound at US$2,052-2,080 per tonne today. As on July 26, LME aluminium cash (bid) price stands at US$ 2053.50 per tonne, LME official settlement...
Shanghai Metals Market found Weiqiao Group planned to cut its pre-baked anode purchasing price by RMB 150 per tonne for August. But domestic producers on Wednesday, July 25, opposed the decision because of the industry’s loss since the past two months. SMM expects company to adjust its cut to RMB 0-50 per tonne from July level, which is why the final purchasing price is still under negotiations. As of July 2, Weiqiao Group lowered the prices for seven straight months on the face of oversupply in the market. The price for this month now stands at RMB 3100 per tonne in cash and RMB 3135 on acceptance, RMB 100 per tonne down from June. As far as the pre-baked anode average spot price is concerned, it has been hovering at RMB 3135 per tonne since 3 rd of July, after dropping from RMB 3235 per...
Almatis, a global leader in production and supply of premium alumina and alumina-based products, announced to set up a new Tabular Alumina plant in Falta, West Bengal, with the aim to expand its business across Asia. Almatis was previously a part of global aluminium major Alcoa but now owned by one of the largest private pension funds in Turkey OYAK since September 2015. Almatis’ India business is based in Falta with a processing plant that has been seeing steady growth since 1995. The company is now extending its production facility with an expectation to meet its Indian customers’ demands, providing supply security in the growing market, an official statement issued on July 25. The company is aiming big on India’s market given the rising demand for Tabular Alumina, driven by growing...
Novelis Inc., the world leader in aluminum rolling and recycling, today announced it has signed a definitive agreement to acquire Aleris Corporation, a global supplier of rolled aluminum products, for approximately $2.6 billion including the assumption of debt. For Novelis, Aleris, and their customers, the proposed acquisition will deliver a number of significant benefits by: Establishing a more diverse product portfolio, including aerospace, beverage can, automotive, building and construction, commercial transportation and specialty products. Integrating complementary assets in Asia to include recycling, casting, rolling and finishing capabilities and allowing Novelis to more efficiently serve the growing Asia market. Broadening Novelis' automotive business to meet growing demand and...
On Wednesday, July 25, the head of a Japan trade body said that the country’s aluminium industry seems to be more concerned over the possible US tariffs on automobiles and automobile parts than the duties on aluminium. That’s because Japanese firms are confident that the kind of high-end semi-finished aluminium products they export to the US are not easily replaceable by domestic products due to unavailability and therefore, the tariffs are less likely to create impact on Japan’s export or its economy, so to say. According to global export-import data, Japan is estimated to export 27,989 tonnes of aluminium plates, sheets and strips to the US in 2018 and earn revenue of US$ 93 million. In 2017, the export volume higher at 35,268 tonnes and yielded revenue of around US$ 136 million, after...
Metalcorp, one of Europe's leading independent producers of secondary aluminium slabs (recycled aluminium) based at Amsterdam has announced their plan to shift its Amsterdam headquarters to Luxembourg. The company expects to save up to €1 million through the relocation. The move comes as an aftereffect when the metals industry is taking up various cost cutting and revenue generation measurers to withstand US president Donald Trump's 10% tariff on aluminium imports, as well as sanctions against leading aluminium producer Rusal. Mark Nunes, CFO of the company, told the Luxemburger Wort that the company is shifting to Luxembourg to minimise its costs. "In addition, we can simplify our corporate structure and reduce the administrative burden," Nunes added. The new corporate headquarters is...
After a meeting at the White House on July 25, US President Donald Trump and European Commission President Jean-Claude Juncker appeared to reach a deal to quell all the trade barriers between the two countries. Trump agreed to ease sweeping tariffs on the EU-assembled cars, while Jean-Claude intended to remove heavy retaliatory duties on the US exports. “We had a big day, very big,” said the US President standing alongside Jean-Claude in the White House rose garden, adding that they also discussed to resolve US tariffs on steel and aluminium – marking a step back from Trump’s signature import protections for American metal producers. Trump told reporters, “We agree today, first of all, to work together toward zero tariffs, zero, non-tariff barriers, and zero subsidies on non-auto...
Aluminum extrusions are a high-growth industry due to growing demand in the building and construction and transport sector. Construction sector contributes about 62% of the global extrusion market, while transport sector contributes about 14%. A number of leading producers have been taking up Greenfield and Brownfield projects in the extrusion sector and merger and acquisitions have been taking place for business growth. Solid extrusion demand growth is expected in several key regions in the period from 2018 to 2025. US housing market is still sustaining positive momentum and the demand is on the rise slowly. Construction activity in Europe is restarting and gradual improvement is expected. South America is returning to positive from low levels. Softer construction growth has affected...
According to the latest data by Shanghai Metals Market, aluminium billet inventory in China has extended growth over the week ended on July 26, amid low season and sluggish consumption. It has increased by 8,600 tonnes from 70,800 tonnes on last Thursday, July 19, and hovering at 79,400 tonnes across five major consumption areas. This marks a surge for the fourth consecutive week. The inventory in Foshan and Guangdong has increased from 42,000 tonnes, as on July 19, to 47,400 tonnes on July 26, while in Wuxi and Jiangsu, the inventory has registered a hike from 5,600 tonnes to 11,000 tonnes. Other Chinese cities have recorded a slight tumble, compared to the previous inventory status on July 19. For more details, refer the chart below: The average aluminium alloy (ADC 12) spot price,...
The US dollar dipped to around 94, and closed at 94.19. Base metals were under pressure from ongoing worries over a trade war even though the EU and US declared a ceasefire. LME aluminium fell 0.7% from Tuesday to close at US$ 2056.50 per tonne. The contract jumped after opening overnight, to a high of US$2,087.5 per tonne as the greenback weakened and closed at $2,064 per tonne in the morning. Inventory across LME warehouses fell 2,900 tonnes to 1,209,225 tonnes after several days of increase. Shanghai Metals Market expects LME aluminium to trade at US$2,066-2,086 per tonne. As on July 25, LME aluminium cash (bid) price stands at US$ 2056 per tonne, LME official settlement price stands at US$ 2056.50 per tonne; 3-months bid price stands at US$ 2073 per tonne, 3-months offer price is US$...
Australian Bauxite on Tuesday, July 24, reported that its subsidiary ALCORE received the minimum funding to start Stage 1 of the project. Site construction works started in July at the pre-approved pilot plant site in New South Wales, as per the plan, for the production of aluminium fluoride samples by refining raw bauxite. The budget set for the Stage 1 operation is A$ 2.5 million. “This is the beginning of a powerful new bauxite refining technology which will commence as an important supplier of key aluminium fluoride products for the Australasian aluminium smelters and producing silica fume for the cement industry, then develop Corethane pure hydrocarbons for energy and fuel security,” said Australian Bauxite CEO Ian Levy. It will initially start with the production of aluminium...
A report by VK Saraswat, NITI Aayog member, and Aniruddha Ghosh, a Delhi-based economist suggests that the Centre must actively consider recognizing the aluminium sector as India’s ninth core industry. The sector contributes to 2% of manufacturing GDP and creates about 8 lakh direct and indirect jobs. Currently, India lists coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity as the eight core industries. The report says that Indian aluminium facilities are generally based in the remote and underdeveloped areas of the country and they help in generating peripheral employment, infrastructural and economic development of the surrounding areas. “Therefore, we recommend into looking actively into the possibility of classifying aluminium as a core...
French retailer Leclerc has announced it will be relaunching its cookware recycling programme for the sixth consecutive year. The group says that the initiative has allowed for the recycling of more than 200 tonnes of aluminium since its inception. Each year, more than 6,000 tonnes of cookware are discarded by French households, according to the retailer. Launched in 2012, the 'Les Ecogagnants' (The Ecowinners) programme aims to incentivise customers to bring back used cooking implements such as pans or skillets.Leclerc said that for each of these items collected between the 4 and 6 of October, it will give a 50% discount on an equivalent new product in the 'So Recycled' line of cookware by the French brand Téfal. As the name implies, this new line of products is made from 100% recycled...
Home appliance manufacturer Whirlpool, an early supporter of tariffs to protect US washing machines, said that US tariffs on aluminium and steel were raising sharply the costs of raw materials, contributing to a slump in second-quarter earnings, and shares fell 15 per cent to a two-year low. The Michigan-based washing machine maker could be forced to modify its current business practices, it said in a quarterly filing on Tuesday (Wednesday AEST), without giving details. Whirlpool said rising raw material costs hurt results in three out of four of its regional markets in the second quarter, including North America, Asia and its struggling Europe, Middle East and Africa division. The only region where it did not cite input-cost inflation was in Latin America, which faced its own problems in...
China’s aluminium scrap import in June remained at a lower level given the sweeping tariffs and restrictions Chinese aluminium scrap imports. Shanghai Metals Market believes that this downtrend is likely to stay even in the month of July on continued trade disputes between China and the United States. The latest data from China Customs show that the country imported 110,000 tonnes of aluminium scrap in June, without registering much change from May but 41.1 per cent lower from 155,000 tonnes in the same period of 2017. This brought the import volume in the first half of CY2018 to 840,000 tonnes, 21.7 per cent down from 10, 24, 800 tonnes in the corresponding period of 2017. The below graph shows China’s scrap import volume in June 2017 and 2018 The below graph shows China’s scrap import...
Constellium N.V. reported results for the second quarter ended June 30, 2018 on July 25. The aluminium product maker reported total shipments of 397 thousand tonnes in Q2 2018, up 4% YoY. Automotive shipments increased 20% contributing significantly to net income. The company reported revenue of €1.5 billion, up 7% YoY. Net income stood at €55 million compared to net income of €15 million in Q2 2017 and adjusted EBITDA stood at €151 million, up 19% YoY. For the First half 2018, Constellium reported shipments of 785 thousand tonnes, up 4% compared to H1 2017. The H1 Revenue stood at €2.9 billion, up 6% compared to H1 2017. Net income increased to €31 million from €28 million in H1 2017 and adjusted EBITDA was up 22% YoY to €268 million. The company also reported cost savings of €32 million...
