BorgWarner has won its first commercial order for an electric motor developed with aluminium-wire hairpin winding technology. The US automotive supplier will provide the new eMotor to a major Chinese automaker for use in hybrid vehicles, bringing the technology into its first production application. The motor uses aluminium-wire hairpin winding technology and is designed for hybrid vehicles. Its applications include generator motors and traction motors for auxiliary drive systems, with production scheduled to begin in the fourth quarter of 2026. Explore AL Circle’s report ALuminium Wires & Cables - Insights & Forecast to 2030 for insights into aluminium applications, industry developments and opportunities across the electrical sector . Compared with conventional copper-wire motors with...
Getting a clean, smooth finish while removing material quickly is not always easy when machining high-strength aluminium alloys. A new study on AA7075-T6 aluminium alloy has explored this challenge, identifying two different sets of drilling conditions to improve surface quality and maximise machining productivity. The research examined how cutting speed, feed rate and drill depth influence conventional drilling performance. Using response surface methodology and a central composite design, the researchers developed predictive models to determine how changes in these parameters affect the machining process. The models showed a strong level of accuracy, with coefficients of determination (R²) reaching 0.9731 for surface roughness and 0.9359 for material removal rate. Further confirmation...
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The securities regulator has approved the IPO (initial public offering) proposal of Nahee Aluminium Composite Panel which will raise a capital worth Tk 150 million under fixed price method. The regulatory approval came Thursday at a meeting held at the office of the Bangladesh Securities and Exchange Commission (BSEC). The Nahee Aluminium Composite Panel will float 15 million ordinary shares of Tk 10 each for raising the said amount, the BSEC said. According to the BSEC, the company's IPO proceeds will be used for building construction, expansion of business, setting up new machineries, pay off bank loan and IPO expenses. The company has reported earnings per share (EPS) of Tk 2.33, according to its financial statement for the year ended on 30 June, 2016. Without valuation, the company's...
According to the Product Complexity Index (PCI), aluminium tube or pipe fittings are the 939th most traded product and the 279th most complex product. Germany is the top exporter of aluminium tube or pipe fittings after the United States and China. {newsStudioGallery} The U.S accounts for the largest chunk of aluminium tube or pipe fittings export by Germany. The country topped the list of aluminium tubes and fittings suppliers among the EU members. According to the recent estimate, in 2015, Germany exported 4832 tonnes of aluminium tubes and pipe fittings globally. The total revenue from aluminium tubes and pipe fittings export amounted to about US$ 57.95 million. In2016, Germany exported an estimated 2965 tonnes of aluminium tubes and pipe fittings. The total revenue from the export...
Rio Tinto has announced production and financial results for the first half of 2017 and its alumina operations have recorded significant increase in net earnings as well as revenue. Alumina production was slightly lower in H1 2017 than H1 2016. Total alumina production stood at 4,070 thousand tonnes in comparison to 4,107 thousand tonnes in H1 2016. A strong operating performance at Vaudreuil was offset by reduced production at the Yarwun and Queensland alumina refineries attributed to weather inconsistencies and major maintenance works. Continued focus on reducing cash costs and productivity enhancements throughout the operations also was implemented in the alumina business. These actions, together with higher realised alumina prices resulted in positive free cash flow, EBITDA and...
Rio Tinto has announced production and financial results for the first half of 2017 and reported cash generation of $6.3 billion and cash returns to shareholders of $3.0 billion. Commenting on the results, Rio Tinto chief executive J-S Jacques said “By driving performance, focusing on cash and allocating it with discipline we are delivering superior cash returns to our shareholders.” “We are now shifting gear to focus on the untapped value from our productivity programme and continue to strengthen our portfolio to build higher returns for the future,” he added. The company is strengthening the portfolio with all three growth projects on track and a $2.7 billion disposal announced in 2017 first half. It also reduced net debt by $2.0 billion to $7.6 billion, with gross debt4 lowered by $2.5...
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The China aluminium market is fluctuating almost every day over the uncertainty regarding the current aluminium capacity cut in the country. The average prices for A00 ingot dropped across all major China markets (North, South, East, North-East and South-West) on August 2 after a quick boost the day before. Among the domestic markets, the average price for A00 Aluminium Ingot for North China market has dropped to RMB 14,210/t . In the South China market the price dropped to RMB 14,285/t. The price gap between the two market increased toRMB 75/t. The prices Zhejiang and Jiangsu provinces in East China market were down to RMB 14,240/t and RMB 14,210/t respectively . For the Southwest China market, the price increased to RMB 14,230/t and for Northwest China market it stood at RMB 14,185/t ....
The global aluminium casting market is slated to grow at a CAGR of 5.87% CAGR during the period 2017-2021, reveals data published in a recent report by Marketstudyreport.com. Automobile industry and OEM manufacturers will drive the demand for aluminium casting during the forecast period. Aluminium castings are used in industries such as mining, construction, and electrical and electronics. These castings are lightweight, corrosion-resistant and highly conductive metal products which can be easily customized through heat treatment. It is ideally suited for automobiles as they help to improve the fuel efficiency by reducing the overall weight of the vehicle. This factor will contribute to the growth of the aluminium casting market. The report covers global market, especially in North...
After firming up slightly on support from a weaker dollar and rising crude oil prices on Monday at US$1,904 per tonne, LME aluminium plunged again to US$1,887 on Tuesday, August 1. It plunged below the expected range of US$1,905-1,925 per tonne. As observed by Shanghai Metals Market, LME aluminium should continue struggling around moving averages and range USD 1,903-1,917/mt today. As on August 1, LME official cash buyer aluminium price (Bid Price) stands at US$1,886per tonne, cash seller & settlement aluminium price (Offer price) is US$1,887 per tonne, 3M Bid Price is US$1,908 per tonne, 3M Offer Price is US$1,910 per tonne, Dec17 Bid Price is US$1,953 per tonne, and Dec1 Offer Price is US$1,958 per tonne. LME aluminium Opening Stock stands at 1349125 tonnes, total Live Warrants is...
Saudi Railways Company (SAR) reported that it transported 4.06 million tonnes of phosphate and bauxite in the first half of 2017, an increase of 27 per cent. SAR’S mineral trains carried 3.21 million tonnes of phosphate and bauxite in the first half of 2016. Dr Bashar Bin Khaled Al Malik, CEO of SAR, said, “Mineral trains transported a total of 23,683,134 tons of phosphate, bauxite, molten sulfur and commercial phosphoric acid between May 2011 and June 2017.” He further added that the company’s operational division has reached major growth in phosphate and bauxite transportation in 2017. SAR raised the operational level of its mining freight line that starts to generate additional capacity to meet the needs of its strategic partner Ma’aden. The commercial transport phosphoric acid from...
Aluminium extruded product manufacturer Hulamin reported unaudited interim results for the six months to end June 2017, with headline earnings per share up 17% to 56 cents per share and operating profit up 11% despite stronger local currency. Richard Jacob, Hulamin's Chief Executive Officer, commented: "Hulamin has delivered a strong manufacturing performance and improved financial results, despite difficult market conditions and the Rand being 14% stronger compared to the corresponding period in 2016. Sales volumes increased by 8% and we achieved improved overall and per unit cost performance.” Hulamin’s rolled products volumes were up 8% to 221,000 tonnes annualised, as unit costs down 8%. The company increased its domestic beverage can packaging volumes by 133% despite a fall in...
Honda has unveiled 2018 CRF250R, the all-new motocross bike with new engine, chassis, and suspension. The bike features a DOHC engine with a nine per cent power boost over the older version, a higher rev-limit, and it also shares the 450’s mass-centralised frame and 49mm Showa forks. The newer model has also saved on weight with generous use of aluminium over the chassis. It features seventh-generation aluminium beam frame that saving 340g over the previous design. The frame features tapered main spars that merge rigidity and flexibility. The chassis’ geometry differs considerably compared to the outgoing model. The rear subframe is made of extruded aluminium which used to be forged earlier and is 20 per cent lighter, aiding mass centralisation. Seat height is 6mm taller at 957mm, with...
A Bloomberg report says Abu Dhabi Ports is discussing a possible deal in Africa to leverage on the continent’s growing trade with Asia, especially Middle East. Chief Executive Officer of the government-run terminal operator, Mohamed Juma Al Shamisi said this in a Bloomberg Television interview from the company’s headquarters in Abu Dhabi, while announcing their $300 million investment deal with China. Al Shamisi said that shipping between Africa and Asia is currently “booming,” and this opens up more opportunities for the terminal operator to invest in the continent. He did not divulge much detail on who else is involved in the talks or about the possible location of the venture. “There are big volumes moving from Africa to the east, so we’re capitalizing in the east-east market which is...
The capacity of alumina refining has increased massively across the major alumina producing regions driven by a humongous demand for aluminium in the world, especially in China. The global alumina capacity is estimated to grow by 29.6% over the next ten years. {newsStudioGallery} Norway is the European Union's 5th most important import partner for trade in goods apart from being main exporter of metals in particular, of aluminium. The country imports huge amount of alumina from the global market .Brazil remains the top exporter of alumina in 2016.The import is expected to rise sharply this year as compared to last years. As shown by the data, Norway imported about 2432684 tonnes of alumina in 2015. The amount slightly fell in 2016 to reach 2398586 tonnes. The country is estimated to...
After much awaiting for an official announcement of actual aluminium production cuts taken up by China, Xinfa Group has confirmed closing of 530,500 tonnes of annual illegal aluminium production capacity. A statement by a local government in eastern Shandong province has confirmed this to Media. According to an update by Chiping county government on its website, a team of experts from Jinan-based Ailinte Safety Technology Consulting Co and local government officials and Xinfa Chairman Zhang Xuexin, had visited Xinfa smelting facilities on July 30 to check the status and confirmed that the capacity closures had been carried out in its smelters. As on July 28, Xinfa shut down a total of 426 units at it subsidiaries Huaxin Aluminium, Huayuan Aluminium and Xinyuan Group, the posting said....
Bauxite prices in China major market are awaiting a rise after a prolonged lull, as supply shortage of the raw material seems to be brewing up. China’s bauxite output dropped in June 2017 creating a supply crunch for the production of calcined refractory material. Industry watchers believe- overall bauxite prices in China major markets will rise after the increase in spot calcined bauxite prices. Reduced use of dynamite in bauxite mining sector in China and overall mining restrictions resulted in decreased production of the ore in June this year. As on July 31, China bauxite prices stand unchanged as follows: The price of another key aluminium raw material- prebaked anode (TY-1) edged higher in Southwest China market. Prebaked anode price which stood fairly static at RMB 3,600 per tonne...
Constellium N.V. has introduced a new generation of high-strength 6000-series alloys, Constellium HSA6TM, to help automakers meet growing demand for lighter weight vehicles. Constellium HSA6TM is in production for several 2017 and 2018 model year vehicles, including the MINI Countryman. Ideal for extrusion-based Crash Management Systems, Body-in-White structural components and battery enclosures, Constellium HSA6TM allows designers to optimize extrusion shapes and reduce wall thickness to achieve weight savings of 15-30% compared to conventional aluminium alloys. With ultimate tensile strength (UTS) higher than 400MPa, Constellium HSA6TMalso provides enhanced recyclability, machinability and corrosion resistance. Alternately, Constellium HSA6TM can provide 15-30% additional strength to...
A survey of automakers conducted by Ducker Worldwide has revealed that the use of high-strength, low weight aluminium in new car and truck construction would increase at a record pace over the next decade. Total aluminium content in vehicle is expected to grow from 397 pounds per vehicle (PPV) in 2015 to 565 PPV by 2028, contributing 16% of total vehicle weight. This will be supported by the growing trend of automakers transitioning to a multi-material vehicle (MMV) design for lightweighting that is using aluminium for doors, hoods and trunk lids, body-in-white, bumpers and crash boxes. “Aluminium remains the fastest growing automotive material over competing materials and is entering its most unprecedented growth phase since we’ve been tracking the shifting mix of automotive materials,”...
Aluminium products manufacturer Alcomet from Bulgaria announced its consolidated results for the first half of 2017 on Monday July 31. The company’s consolidated net profit dropped to 9 million levs ($5.4 million/4.6 million euro) in the first half of 2017, from 13.6 million levs during the same period of 2016. However, the company’s sales revenue increased to 177.2 million levs in the first half of 2017, from 155.1 million levs in the first half of 2016, the company said in a house filing. The value of total products sales volume, however, rose to 157.8 million levs in the first half of 2017, from 130.8 million levs in the same period of 2016. Alcomet shares closed at 17.9 levs on Monday, in a trading volume of 313 units on the Bulgarian Stock Exchange.
Aluminium China - the biggest event in Asia aluminium industry – attracted more than 21,590 visitors from 80 countries to Shanghai this month with the spotlight firmly on the future of the lightweight auto industry. The event showcased some 500 aluminium makers, processing equipment providers and materials processors from around the world. The event continued its strong international presence, featuring new exhibitors such as Constellium, Gillespie & Powers, Magma, Ruf, Haehne, Stas and Rex Materials from Germany, France, US, Canada, Russia, Sweden, Australia, Slovenia and Malaysia. Leading domestic and international players included Aluminium Coporation of China, Zhongwang, Hongqiao, Deli, Yiteli, Yunhai, Zhongfu, Yuhang, Yankuang, Chuangxin, UACJ, Deli, Fenglv, Pyrotek, Mingde, Huafeng,...
