ASSA ABLOY has agreed to acquire Brazilian aluminium solutions manufacturer Rometal, strengthening its manufacturing presence in Latin America while expanding its portfolio of door systems, furniture fittings and aluminium products. Announced on November 12, 2026, the proposed acquisition would bring an established Brazilian business with approximately 500 employees into the Swedish group's Americas Division. Rometal recorded sales of approximately BRL 332 million (USD 59 million) in 2025, equivalent to approximately SEK 580 million (USD 57.57 million) in ASSA ABLOY's announcement. The purchase price has not been disclosed. ASSA ABLOY described the company's EBIT margin in 2025 as strong and expects the transaction to be accretive to earnings per share from the start. Rometal acquisition...
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,...
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According to the data showed by the International Aluminium Institute (IAI), global primary aluminium production increased in May against April. Total primary aluminium production came in at 5.44 million tonnes in May 2018 as compared to 5.3 million tonnes in April 2018. The global primary aluminium production on a daily basis decreased to 175,500 tonnes. World primary aluminium production stood at 26.43 million tonnes in the first five months of 2018, down 1 per cent year-on-year from 26.6 million tonnes in the first five months of 2017. In China, the primary aluminium production increased 2.8 per cent month-on-month to 3 million tonnes in May. China churned out 14.88 million tonnes of primary aluminium in the first five months of 2018, down 2.7 per cent year-on year from 15.29 million...
Australian Bauxite Limited (ABx) advised the global market yesterday that the reserves at the Binjour Project site are now estimated to total 37 million metric tons, 51 percent above previous estimates for the project. ABx says the results are gleaned from samples taken from over nine hundred drill holes across three quarters of the 44 km 2 Binjour Plateau. Per the tests, the site is covered by a layer of bauxite between 3 and 15 meters in thickness, with about 10.4 million metric tons suitable for bulk shipping and mining, while another 26.6 million metric tons are infused with bands of silica gel, requiring processing. The firm says that scheduling and planning for the mine is currently underway, with the aim of finding the optimal amount of mining and processing required to bring the...
Gansu Industrial Park and Special Economic Zone in Nain, St. Elizabeth, where China-based Jiuquan Iron and Steel Company (JISCO) operates the Alpart alumina refinery is going to get a facelift, as the company itself will invest over US$3 billion for the development. Pivotal to Jamaica’s Logistics Hub Initiative (LHI), this park is one of the largest business parks developed by the Jamaica Special Economic Zone Authority (JSEZA) and is expected to generate 60,000 jobs on further development. Chairman of the JSEZA, Metry Seaga, provided all the possible details of the development during a media briefing at the authority Waterloo Road, St. Andrew, on Wednesday, June 20. He said this development would involve the establishment of a bauxite/alumina refinery, an electricity plant to power the...
Brazil exported USD 19.24 billion worth of goods globally in May 2018, down 2.8 percent year-on-year. The decline was due to lower sales of manufactured goods and semi-manufactured goods. The exports of aluminium household articles by Brazil increased last year. Three-year trend analysis suggests that aluminium household articles export will decline in 2018. The top importer from Brazil is the USA which imported about 4356 tonnes of aluminium household articles in 2017. Other top importers who have been buying aluminium household articles from Brazil are Paraguay (703 tonnes), Argentina (585 tonnes), Bolivia (Plurinational State of) (556 tonnes) and Mexico (443 tonnes). As shown by the data, Brazil exported about 7727 tonnes of aluminium household articles in 2016. The export volume...
Rio Tinto announced that it has extended the agreement with Scepter for an additional ten years. Rio has renewed the contract for the treatment of by-product from the aluminium smelting process known as "skims" in Quebec, Canada. Scepter, an internationally recognized leader in aluminium dross and scrap recycling, will invest approximately three million dollars to further improve the efficiency of its recycling process. Rio Tinto Aluminium Managing Director Atlantic Operations Gervais Jacques said: "This partnership demonstrates our commitment to responsible production and to realizing the full environmental benefits from aluminium as a recyclable material. Instead of going to landfill, the by-product from our smelting processes is being recycled and used by Scepter to deliver specialized...
Russian aluminium giant UC Rusal-operated Friguia alumina refinery in Guinea has restarted its operations on Wednesday, June 20, 2018. The news came to focus when the West African country’s mines minister reported to Reuters yesterday, on June 21, 2018. According to the update in May 2017, the refinery was planned to restart in April this year, with an alumina production capacity of 65,000 tonnes per year. But the US-sanctions hit since April 2018 on all Russian aluminium companies, including Rusal, could be the cause for delayed recommencement of the Friguia refinery. Friguia officially resumed its operations just a day after Rusal declared the beginning of bauxite shipment from its Dian-Dian bauxite project in Guinea to alumina refineries in other countries. “The recovery of the Friguia...
LME aluminium rebounded to a high of US$2,193 per tonne from a session-low of US$2,162.5 per tonne overnight. Benchmark aluminium price on London Metal Exchange dropped to close at US$2167 per tonne on Thursday, June 21. SMM sees pressure at the five-day moving average and support at the US$2,160 per tonne level. The metal is likely to trade rangebound at US$2,165-2,196 per tonne today. As on June 21, LME aluminium cash (bid) price stands at US$ 2166 per tonne, LME official settlement price stands at US$ 2167 per tonne; 3-months bid price stands at US$ 2165 per tonne, 3-months offer price is US$ 2166 per tonne; Dec 19 bid price stands at US$ 2190 per tonne, and Dec 19 offer price stands at US$ 2195 per tonne. The LME aluminium opening stock slightly dropped to 1131100 tonnes. Live...
After showing a restraint yesterday, on June 21, at RMB 14120 per tonne, the average A00 aluminium ingot price saw a marginal growth today, June 22, to RMB 14130 per tonne, according to Shanghai Metals Market. The prices are expected to range between RMB 14110 per tonne and RMB 14150 per tonne, with spot discount to settle at RMB 50 per tonne to RMB 10 per tonne. However, not all major markets in China witnessed a rise in the A00 aluminium ingot price today. While in east and south, the prices plunged from RMB 14105 per tonne to RMB 14095 per tonne and from RMB 14235 per tonne to RMB 14230 per tonne respectively, in the north, the price registered a growth by RMB 10 per tonne to stand at RMB 14150 per tonne. The table below shows the movements of primary aluminium prices across the major...
As the share of lager in a can continues to grow each year, and with the World Cup representing one of the largest global football tournaments, Ball has worked with the team at Ožujsko to create an exceptional design to give customers the opportunity to toast the key sporting occasion in style. The cans are a prime example of the incomparable printing potential of Ball’s Dynamark variable technology, which allows customers to add graphic variety of up to 12 different visuals to their cans, without the added time or production difficulties once associated with the technique. For Ožujsko, Dynmark printing gives the cans a point of difference on shelf whilst utilizing football as a key pillar of inspiration. As a sponsor of the National Football Federation, Ožujsko, one of the best-selling...
Emirates Global Aluminium announced that it has inked a five-year agreement with Aludium for the supply of rolling slab. Rolling slab is processed into plate, sheet and foil products which are used in automotive, printing and packaging industries. EGA's Al Taweelah site has the capacity to produce some 400,000 tonnes of rolling slab per year. Image Source:Emirates Global Aluminium “We are pleased that Aludium has chosen to secure these long-term supplies of rolling slab from EGA. We look forward to reliably supplying Aludium with the high-quality rolling slab they need to make their products over the years to come,” Walid Al Attar, Chief Marketing Officer of EGA said. Arnaud De Weert, Chief Executive Officer of Aludium, said: “We are pleased to have secured a multi-year agreement for...
Rio Tinto, one of the world’s largest metals and mining corporations, has reported the receipt of vital infrastructure pieces for its US$2.6 billion Amrun bauxite project on Cape York Peninsula, Queensland. The infrastructure pieces include 550t stacker and 1700t reclaimer, which arrived after 16 months of fabrication in Western Australia and a nine-day voyage to the Far North Queensland site. Rio Tinto Amrun project general manager Marcia Hanrahan said, “The infrastructure has created employment on both sides of Australia with fabrication and part-commissioning of the modules generating 150 jobs for West Australians and 100 jobs for Queenslanders, who will construct and fully commission the units now they have arrived at site.” The shiploader, final piece of infrastructure outstanding...
U.S. boat makers Wednesday urged President Donald Trump to immediately withdraw high tariffs on alloy aluminum sheet imports from China, saying these "harmful policies" will cost American industries dearly. "The administration claims their trade policies aim to level the playing field for American workers, but instead these actions could hobble thriving industries like recreational boating," said Thom Dammrich, president of the Chicago-based National Marine Manufacturers Association (NMMA). According to the NMMA, after the administration's announcement on Monday, common alloy aluminum sheet imports from China will now face a total tariff of at least 210 percent, which includes a 167 percent anti-dumping duty, a countervailing duty of at least 33 percent, and a 10 percent Section 232...
India today, on June 21, 2018, notified that it would impose retaliatory tariffs against 30 US products from August 4, 2018. The products are worth of US$240 million to counter Trump administration’s move to unilaterally hike duties on Indian aluminium and steel exports. Although the Indian retaliatory tariffs could have come into effect immediately, the country seems to be given some more time to the US keeping in mind the upcoming negotiations for a trade package with the US. Assistant US trade representative (USTR) Mark Linscott is likely to visit India last week of this month to begin the negotiations. Last week on June 13, India had intimidated the World Trade Organisation (WTO) to impose duties on 30 US products , including motorcycles with engine capacity over 800cc (including...
Sweden’s exports of aluminium scrap increased in 2017. The country exported 142 thousand tonnes of this particular product to the global market. Sweden is estimated to witness a decrease in exports of aluminium scraps last year. The top destinations of Sweden aluminium scrap exports in 2017 were Germany (47085 tonnes), China (19972 tonnes), France (13552 tonnes), Norway (11309 tonnes) and Finland (9432 tonnes). The value of aluminium scrap export has risen year-on-year. The country total aluminium scraps export was valued at US$124 million in 2016, which increased to reach US$174 million in 2017. The value of export is estimated to increase to US$408 million in 2018. Data shows the total aluminium scrap export by Sweden stood at about 110 thousand tonnes in 2016. The amount increased...
The European Commission announced on Wednesday, June 20, that the EU’s retaliatory tariffs on list of products in response to the US tariffs on aluminium and steel will come into effect on Friday 22 June. Donald Trump hit the European Union with tariffs of 10 percent on aluminium and 25 percent on steel imports earlier this month. EU Trade Commissioner Cecilia Malmström said: "We did not want to be in this position. However, the unilateral and unjustified decision of the US to impose steel and aluminium tariffs on the EU means that we are left with no other choice.” “The rules of international trade, which we have developed over the years hand in hand with our American partners, cannot be violated without a reaction from our side. Our response is measured, proportionate and fully in line...
Anrak Aluminium Limited (AAL), a joint venture of Penna Group and Ras Al Khaimah Investment Authority, is reportedly taking a serious effort to recommence operations at its alumina refinery in Vishakhapatnam, Andhra Pradesh. The company is planning to arrive at a one-time settlement with the SBI-led consortium of banks for putting its 1.5 million tonne alumina refinery in order. A few years ago, the refinery was built after acquiring 2,300 acres of land through the AP Industrial Infrastructure Corporation at Rachapalli, 80 KM away from AAL’s alumina refinery at Makavaripalem in Vizag. The refinery project was completed in 2013, along with a 72x3-MW captive power plant, with a total investment of 6000 crore, which was half of its loan through the consortium. Earlier, many other refinery...
China’s inventory of primary aluminium, including SHFE warrants, declined slower this week with a slight growth of warehouses supplies, according to Shanghai Metals Market. On Thursday, June 21, 2018, inventories of primary aluminium across eight major consumption areas in China shrank 40,000 tonnes to stand at 1.88 million tonnes, compared to a drop of 53,000 tonnes recorded on previous Thursday, June 14, to stand at 1.92 million tonnes. However, downstream aluminium trading decreased due to lower aluminium prices. In Wuxi and Jiangsu, the aluminium inventory hovered at 795,000 tonnes on 21 st of June, whereas on last Thursday, June 14, the inventory stood 801,000 tonnes. In Shanghai, the inventory rallied at 433, 000 tonnes, compared to 439,000 tonnes on last Thursday, Nanhai and...
LME aluminium tumbled to the weakest since April after data showed world primary aluminium production increased to 5.441 million tonnes in May. The metal failed to receive support at US$2,177 per tonne last night and touched a low of US$2,165 per tonne, Shanghai Metals Market reports. LME aluminium price remained unchanged at US$ 2179 per tonne on Wednesday, June 20. It is likely to trade at US$2,160-2,185 per tonne today. SMM expects it to face pressure from a potential trade conflict as the European Union plans to impose a 25% tariff on €2.8 billion worth of US products. As on June 20, LME aluminium cash (bid) price stands at US$ 2178 per tonne, LME official settlement price stands at US$ 2179 per tonne; 3-months bid price stands at US$ 2176 per tonne, 3-months offer price is US$...
