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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Local breweries in the US that rely heavily on aluminium cans are starting to feel the pinch of import tariffs on aluminium products imported from Canada. Winnipeg is home to over 20 different local beer breweries that now have no other choice than to pay the tariff in order to continue producing beer. “Everything is expensive enough as it is – why are we adding more expenses to everything?” said Tyler Birch, co-owner of Barn Hammer Brewing. Birch started a beer canning company in the beginning of 2018, Mammoth Mobile Canning, which cans beer for five local breweries in Winnipeg including his own. In his last shipment of aluminium beer cans, 160,000 cans costed him an average of 20 cents per can. With the tariffs and mark-ups from retailers, he is expecting a 20% increase, adding over...
US Treasury Secretary Steven Mnuchin said in an interview with Reuters in São Paulo that they are open to lift aluminium producer Rusal’s name from the U.S. sanctions list. The comment came ahead of G20 finance meetings this weekend in Argentina. Mnuchin's comment was the latest indication the Trump administration is in favour of helping the sanctions-hit Rusal. The company has been constantly negotiating and taking series of corrective steps to get the restrictions lifted. The sanctions by the U.S. Treasury against billionaire Oleg Deripaska in April and the eight companies in which he is a large shareholder temporarily disrupted the supply chain of the global aluminium market, as it barred companies to buy metal from Rusal. Several countries and companies have appealed the Us treasury...
The US automotive industry pleaded President Donald Trump on Thursday, July 19, to reject higher tariffs on vehicle imports, saying that these additional tariffs could cripple domestic manufacturing and cause job loss. The pleas came followed by the European Union’s announcement of preparing a list of retaliatory measures in response to possible US tariffs on foreign vehicles. In May, the Trump administration called for an investigation into auto imports that could lead to tariffs of up to 25 per cent on foreign vehicles and parts. Economists warn these automobile tariffs, on top of aluminium and steel tariffs along with heavy retaliation from US trading partners could harm the global economy. Former Missouri governor Matt Blunt, head of the American Automotive Policy Council that...
Ireland is one of the leading export economies in the world houses Rusal-operated Aughinish alumina refinery. Located in a rural part of Ireland, Aughinish refinery is the sole producer of alumina in the country and one of the most efficient alumina facilities globally, with an annual production capacity of 1,915,000 tonnes. If we look at Ireland’s export trend, we can see that it was steady in the calendar year 2017 with a continued growth. According to the global export-import data, Ireland exported total 2203762 tonnes in 2017. France was the highest importer obtaining 678194 tonnes, followed by the Netherlands, Germany, and the Russian Federation that imported 394618 tonnes, 256821 tonnes, and 238655 tonnes, respectively. The total export revenue for Ireland had recorded at US$646...
Benada Aluminum, an American owned and operated aluminium extruder located in Sanford, Florida USA has recently added dozens of jobs for a new production line at its Sanford factory. The company is of the view that the tariffs imposed by the Trump administration “have levelled the playing field” for domestic producers. It's the first Central Florida company to say it is benefiting from the tariffs. The production expansion will add 35 jobs and by September. Jim Piperato, president of Benada says demand for U.S.-made aluminium goods has gone up because the addition of 10 per cent tariff on imported aluminium has made domestic prices more competitive. He says that if factories around the world can be subsidized by governments or benefit from lower energy costs to run operations, they can...
Ken Ofori-Atta, Ghana’s s Finance Minister has announced a $2 billion deal with Chinese engineering firm, Sinohydro Group Limited, in the parliament to fund infrastructure projects by the government. He said that the deal which will help the government leveraging the country's bauxite deposits will facilitate for Ghana's infrastructure deficit. "Sinohydro Group Limited of China [will] provide $2 billion dollars of infrastructure of government's choice in exchange for Ghana's refined bauxite. Ghana will establish a refinery within the next three years and select its own partner to undertake the refining of the bauxite," the Finance Minister said. This agreement, according to him is line with the government’s a strategy of bridging the country's infrastructure deficit through a new...
A new of round of talks between the United States and India late last month has resulted in a decision that the Trump administration will hand over a “problem-list” to India assembling all the trade issues between the two countries. This will be done next week in the hope to iron out differences over the bilateral trade that caused continued tit-for-tat actions over the past few months. An Indian official reported to the Economic Times, “All issues were discussed. They were talking of general things, we wanted specific. They will send us a text of what they want, in the next week or ten days.” The meet was taken place in Delhi when senior officials from the US Trade Representatives had paid a visit to Indian officials. The key topics in the meeting were America’s higher tariffs on...
With the growing primary aluminium social inventories in China, spot market traders in the east stood on the sidelines yesterday, July 19, in anticipation of larger spot discounts, Shanghai Metals Market found. The SHFE 1808 contract came off from its initial increase and traded range-bound within a narrow range in the morning. Transactions in Shanghai remained thin at RMB 13940 per tonne to RMB 13960 per tonne with discounts of RMB 70 per tonne to RMB 60 per tonne against the SHFE 1808 contract. Transactions in Wuxi were also heard at RMB 13940 per tonne to RMB 13960 per tonne, while that in Hangzhou were seen at RMB 13950 per tonne to RMB 13970 per tonne. Transactions in south China turned out no better as sellers held their offers firm. In Guangdong, transactions were done at RMB 14040...
The US dollar index fell from one year's high and closed at 95.09, slightly up from Wednesday. Base metals dipped across the board on ongoing trade conflicts between China and the US. After diving down the day before, LME aluminium contract closed a little higher at US$ 2062 per tonne yesterday. The contract tested support at US$2,000 per tonne twice and touched a low of US$2,001.5 per tonne while base metals weakened across the board. It closed at US$2,006 per tonne last night. With LME inventory up 5,100 tonnes to 1,203,975 million tonne, Shanghai Metals Market expects it to test support again at the US$2,000 per tonne level, and trade at US$1,990-2,020 per tonne over the day. As on July 19, LME aluminium cash (bid) price stands at US$ 2060 per tonne, LME official settlement price...
The European Union has already started preparing a ground for its retaliatory move against the United State in case the 20 per cent tariff on EU-assembled cars is levied. On Tuesday, July 17, European Union Trade Commissioner Cecilia Malmstrom announced that a list of counter-measures to potential US-tariffs is almost ready. While delivering a speech at a conference in Brussels, she said the potential US tariffs on EU car exports would be extremely unfortunate. Hence, along with member states, the country is preparing a list of rebalancing measures as a counter move, she added. Nonetheless, Malmstrom expressed hope if her visit to Washington, accompanied by EU Commission President Jean Claude Juncker could help ease tensions. They will visit next week to discuss transatlantic trade with...
Alcoa Corporation, a global leader in bauxite, alumina, and aluminium products, reported Q2 2018 results that were favourably impacted by strong pricing for both alumina and aluminium. “Market pricing continued to be favourable in the second quarter and drove a 38 per cent sequential increase in adjusted EBITDA excluding special items,” said Alcoa President and Chief Executive Officer Roy Harvey. “While markets and trade dynamics are likely to remain fluid, we will continue to be focused on driving value for our stockholders through all market cycles,” he added. In Q2 2018, Alcoa reported net income of US$75 million, compared to US$150 million in Q1 2018. The second quarter results include a negative impact of $211 million for special items related to cash and non-cash settlements....
Norwegian aluminium company Norsk Hydro ASA's wholly-owned subsidiary Hydro Energi AS has signed a long-term wind power contract for 29 years with Green Investment Group. The contract is believed to be the world's longest corporate wind power contract. The agreement, which encompass building of a new wind farm near Sundsvall and Østersund in Sweden (SE2), secures annual baseload supply of 0.3 TWh for the period 2021 to 2031 and 0.55 TWh for the period from 2031 to 2050. The contract will contribute to supplying power to Hydro's aluminium plants in Norway. "With this contract, we have over the last 2.5 years secured wind power contracts of approximately 4.5 terawatt hours annually from 2021 and onwards, complementing our captive and contract-based hydropower supplies," says Executive Vice...
The latest Australian-led research disclosed on Monday, July 16, that bauxite mining could threaten a new species of venomous snake, named Vermicella Parscauda, recently found in Weipa with extinction. Weipa is a reputed mining town on the Gulf of Carpentaria coast of the Cape York Peninsula, where multinational giant Rio Tinto has bauxite mining operations. As per the estimation done in April 2018, about 53 per cent of Australia’s vast bauxite resources come from this mining belt. Moreover, this region’s bauxite is known for high-quality ore; determined not just by the aluminium content but by other minerals such as iron oxides and titanium oxides. It is also known for containing low amount of reactive silica that lowers the processing costs. By 2019, Weipa is expected to become more...
Aparna Enterprises Limited (AEL), a reputed building materials manufacturing company, has declared to diversify its business into aluminium windows and structural frames by setting up a manufacturing unit near Hyderabad. The company said it would roll out the products soon. Part of the diversified Aparna Group, AEL is engaged in the manufacture of tiles, uPVC windows and frames and 17 Ready Mix Concrete units in the country. Now intending to double its turnover, the company has decided to plunge in this diversification and invest around INR 200 crore. P Ashwin Reddy, Managing Director of AEL said, “About ₹200 crore investment is likely in expansion which will include another extrusion facility for aluminium profiles, expansion of the ceramic tiles manufacturing facility at Peddapuram near...
According to the latest report from Aluminum Association, imports of aluminium ingot, scrap and mill products into the U.S. and Canada (excluding crossborder trade) totalled 330,215 tonnes in May 2018, off 20.8 per cent from the May 2017 total of 416,851 tonnes. Including scrap, which accounted for roughly 56.3 per cent of reported aluminium exports in May, exports totalled 267,619 tonnes, up 7.2 per cent over a year ago. Excluding scrap, exports totalled 117,027 tonnes, essentially unchanged from last year. Exports of scrap increased 13.5 per cent year-over-year in May. Through the first five months of 2018, imports were down slightly to 1.9 million tonnes, while exports were up 13.7 per cent to 1.3 million pounds. The export is driven primarily by scrap. U.S. exports of scrap, not...
Backed on narrow consumption by downstream consumers, inventories of 6063 aluminium billet in China have extended their growth across five major consumption areas. Over the weekend ended on Thursday, July 19, they have increased by 2,300 tonnes to reach at 70,800 tonnes, as shown by Shanghai Metals Market. The inventory in Foshan and Guangdong is seen at the highest at 42,000 per tonne, while in Wuxi and Jiangsu, and Huzhou andZhejiang, the inventories are standing at 5,600 tonne and 7,600 tonne, respectively. The below chart indicates the status of China’s aluminium billet inventories in more details: The price of aluminium alloys (ADC 12), on the other hand, has been showing a steady trend over the month at RMB 15,500 per tonne and registered no change since 3 rd of July until now. But...
The US dollar index inched down from a three-week high but still stood above the 95 level and closed at 95.09. Base metals mostly consolidated at low levels. As longs exited at highs, LME aluminium dived to a low of US$2,022 per tonne during the European trading session after touching US$2,045 per tonne. The contract closed Wednesday’s trading at US$2,040 per tonne, lower than the last closing of US$ 2110 per tonne. Open interests dipped 41,670 lots to 615,804 lots, while inventory rose 23,800 tonnes to close to 1.2 million tonnes. Shanghai Metals Market expects it to consolidate at US$2,020-2,050 per tonne today. As on July 18, LME aluminium cash (bid) price stands at US$ 2038per tonne, LME official settlement price stands at US$ 2040 per tonne; 3-months bid price stands at US$ 2023 per...
As confirmed by National Bureau of Statistics (NBS) data on Monday, China’s aluminium output in June rose 1.6 per cent from May to 2.83 million tonnes. The rise was mainly driven by gradual ramp-up of new smelting capacity. According to Reuters collection based on NBS data, the world’s top aluminium producer reported a daily aluminium output of 94,000 tonnes in June month, compared with 90,000 tonnes in May, which had one extra day. The daily figure is the highest since June 2017 and the second-highest ever. However, June output was up 0.8 per cent YoY. The data released in June 2017 preceded illegal smelting capacity cut announcement in eastern China’s Shandong province and environmental restrictions on output in winter heating seasons. NBS has not updated the revised data for June 2017...
