Aluminium alloy powder production for additive manufacturing is set to expand through a new technical cooperation agreement between CNPC Powder China Ltd and Xi’an Bright Laser Technologies Co Ltd (BLT). The agreement covers the production and international distribution of BLT-AlAM400, an aluminium alloy powder developed for applications in humanoid robotics, new energy vehicles (NEVs), aerospace and other industrial sectors. Under the agreement, BLT has authorised Shanghai-based CNPC Powder to manufacture BLT-AlAM400 on a contract basis in China and sell the powder internationally. CNPC Powder has also secured exclusive overseas agency rights, excluding BLT’s direct sales network and existing regional agents. With an annual powder production capacity of almost 10,000 tonnes, CNPC Powder...
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...
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The prices for A00 Aluminium Ingot for all provinces in the China markets (North, South, North-East and South-West) have plunged continuously in last two days after the last gain on June 21 2017. Currently, among the domestic markets, the prices for A00 Aluminium Ingot for North China market have plunged from RMB 13,740/t on June 22 2017 to RMB 13,690/t on June 23 2017. A00 Aluminium Ingot at South China market plunged from RMB 13,815/t on June 22 to RMB 13,760/t on June 23. The price in East China market (Zhejiang) dropped from RMB 13,700/t on June 22 to RMB 13,650/t on June 23 and for Jiangsu province it dropped from RMB 13,695/t to RMB 13,640/t . For the Northeast China market, the price dropped from RMB 13,705/t on June 22 to RMB 13,650/t today. For the Southwest China market, the...
US Department of Commerce held a public hearing on June 22 on the Section 232 Investigation into the impact of aluminium imports on US national security. The aluminium industry from Europe, USA and Canada has come together to testify at the Section 232 hearing. Aluminum Association President Heidi Brock testified along with 11 of the member companies representing the US aluminium industry. The association is advocated for a few key principles around the Section 232 investigation: • Aluminum production and products support U.S. national security and the Defence Industrial Base • Any final action in this investigation should provide solutions to the true underlying problem of Chinese aluminium overcapacity • The investigation should exempt Canadian imports and other foreign producers such...
Metro Mining Ltd said that they have received environmental approvals from the State Government for its Bauxite Hills Project. The final approvals from the Federal Government are expected in the near future, it said. The company has received the Environmental Authority (EA) for the Bauxite Hills Project from the Department of Environment and Heritage Protection (DEHP. “The State Government approval follows an extensive and detailed environmental assessment and community consultation process,” it said. Managing Director Simon Finnis said: “We have significantly reduced the social and environmental impacts, and optimised the economic returns by combining two projects. Mine development is underway and we are on schedule to begin mining construction in Q3 2017 and first shipment in Q2 next...
Australian exploration and mining company Metro Mining Limited today announced that the company has secured debt finance facilities of approximately A$40 million for the development of the Bauxite Hills Mine. The company has selected Sprott Private Resource Lending (Sprott) and Ingatatus AG Pty Ltd (Ingatatus), a related party of Metro’s strategic cornerstone shareholder Balanced Property, to provide debt finance facilities. Metro's Managing Director, Simon Finnis, said, “We are very pleased to have secured a highly competitive and flexible debt facility led by Sprott, one of the world’s leading providers of finance to the natural resource sector.” “We are also very pleased to maintain the ongoing support from our long term cornerstone shareholder Balanced Property. This debt financing...
The growing demand for aluminium driven by increasing urbanization and industrialization is driving demand for alumina worldwide. The global high purity alumina market size was estimated at 25,315 tonnes per annum in 2016. A recent study says the demand for the commodity will grow at a CAGR of 16.7% from 2016 through 2024. Canada is the 11th largest export economy in the world. Canada exports significant amount of alumina globally. The country exported less alumina in 2016 as compared to last year. This year, Canada’s alumina export is estimated to rise significantly. Rio Tinto Alcan’s Vaudreuil alumina refinery produces 1 500 000 tonnes of alumina and specialty products (hydrates, aluminium fluoride) per annum. The refinery supplies to the smelter located in the region, which is...
Alumina capacity expansion in Shandong, one of China’s major alumina producing hub is going to witness limited progress in the foreseeable future, showed recent survey report produced by Shanghai Metals Market. Several major alumina refineries in the region said they would not invest further in expansion projects of their refineries as environmental regulations are becoming stricter by the day. The report identified another factor responsible for Shandong alumina capacity expansion halt. Local alumina market is almost saturated, so any further addition to the capacity would put a downward pressure on the alumina prices. Margins of alumina refineries will also be affected due to locked investments. Alumina producers in China said they would rather prefer to expand capacity in Shanxi and...
The METEF 2017, the world’s leading expo of customized technology for the aluminium and innovative metals industry, officially opened its doors to the global exhibitors and visitors today, June 21 st , in Veronafierre, Verona, Italy. The eleventh edition of METEF was inaugurated with the METEF 2017 Innovation Award ceremony for the technological and product innovations in the sphere of metal processing. More pictures from the award: Franco Zanardi, Honorary President, Zanardi Fonderie The ceremony was followed by a special edition of the FARO meeting dedicated to the Automotive Market Scenario. Foundry Ecocer executives during the visit of the executives of the bahraini industrial Aluminiim Smelter Alba.
Pinum, part of the Italian group Nusco and manufacturer of windows and doors, has opened a new showroom in Bucharest. The company made an investment of EUR 400,000. The new showroom will give an opportunity to the company to offer new range of doors and windows. The company’s product portfolio consists of a wide range of windows and doors, such as interior doors, entrance doors and windows made of PVC and aluminium. The company reported sales of about €7.8m in 2016. Pinum is now expecting to further expand its sales by 15 percent this year. Francesco Curcio, general executive director of Pinum, said, “We estimate a growth tendency based on a continuous development market, an evolution supported also by the consumers behavior. The new showroom represents an opportunity to present special...
According to a news report from Bloomberg, China Hongqiao Group, the biggest aluminium producer in China is curtailing outdated capacity on the back of government’s strict measures against illegal production. The company, a subsidiary of Shandong Weiqiao Pioneering Group Co, however, has not divulged any detail regarding the scale of curtailment or the time or date of such an action. Unnamed sources said that Weiqiao’s aluminium business started cutting 250,000 metric tons of annual capacity from Tuesday, June 20. China has started taking strict measures this year to cut capacity to reduce excess supply and to put a curb on pollution. China’s top economic planning agency issued an order in April to close smelters that violate environmental guidelines. It was also announced in the...
Prebaked anode price in East China market edged higher by 2.09 per cent as supply remained tight and demand grew from aluminium smelters restocking in advance. As on Thursday, June 22, prebaked anode price ranged at RMB 3,730-4,080 per tonne; the average price stood at RMB 3,905 per tonne, up by 80 RMB from its previous price of RMB 3,825 per tonne on June 21. The average prices of prebaked anode in northwest, southwest, and central China markets remain unchanged at RMB 3,900 per tonne, RMB 3,500 per tonne, and RMB 3,550 per tonne respectively. BAIINFO China in their latest aluminium weekly report stated that prebaked anode prices have been trending higher due to strong demand in the market and snug supply. It said, “Three factors were behind the tight availability. First was the...
LME aluminium fell from US$1,889 per tonne to US$1,865.50 per tonne after night trading on Wednesday, June 21 as aluminium stocks returned to growth. Unable to hold ground, the light metal shed 1.2 per cent of its brief gain. Shanghai Metals Market forecasts that LME aluminium will fall further to US$1,862-1,878 per tonne on Thursday, June 22, as supply remains strong. However, Reuters’ technical analysis suggests that aluminium prices on LME may bounce to US$1,885 per tonne in the short term as the contract failed to break a support zone of US$1,862.50-US$1,871 per tonne. A further drop from the current level is likely to be limited to US$1,862.50 per tonne. As on June 21, LME official cash buyer aluminium price stands at US$1,864.50 per tonne, cash seller & settlement aluminium price is...
On 22 June, the US Department of Commerce will hold a hearing on the Section 232 investigation on the impact of aluminium imports on US national security. As a prequel to that the European, American and Canadian aluminium associations published a joint statement. The Aluminum Association (AA), the Aluminium Association of Canada (AAC) and European Aluminium represent all major aluminium producers, fabricators and recyclers in the US, Canada and Europe which employs over 500,000direct jobs and more than 1.5 million indirect jobs. The three organizations together have drawn attention to global aluminium market imbalance caused in particular by the enormous excess capacity in China, which they consider to be the root cause of the challenges faced by the aluminium industries in North America...
Minda Corporation, manufacturer of die casting parts for auto and consumer durable industry, is intending to open a third die casting plant in Pune with a total investment of INR 75 crore. The facility would have a production capacity of 600 tonne per annum. The company made an announcement in an investor presentation. Apart from this, the company is also planning to invest INR 25 crore in research and development. The company has already purchased a 36,500 sqm land for the new plant, as reported. The plant will be for aluminium gravity and low pressure die casting. The facility would have a separate machine shop that will focus on precision parts like compressor housings. The new die casting plant would have annual sales of INR 2,000 million by 2019-20, the company expects. Ashok Minda,...
The METEF 2017, the world’s leading expo of customized technology for the aluminium and innovative metals industry, officially opened its doors to the global exhibitors and visitors today, June 21 st , in Piazza Italia. To be held till June 24 th in Veronafierre, Verona, Italy, the mega event found participants showing great enthusiasm on the inaugural day. The eleventh edition of METEF was inaugurated with the METEF 2017 Innovation Award ceremony followed by a special edition of the FARO meeting dedicated to the Automotive Market Scenario. International experts from Ducker Worldwide and LMC Automotive delivered speeches on new challenges, materials used, technological developments, electrical vehicles and new regulations that will have a large impact on the automotive sector in the...
According to the latest report from Aluminum Association imports of aluminium ingot, scrap and mill products into the U.S. and Canada (excluding cross-border trade) increased 12.5% YoY in April 2017 to 785 million pounds. Total exports were also up in April 2017. Including scrap, which accounted for roughly 51% of reported aluminium exports, exports stood at 522 million pounds, up 8.8% YoY. Aluminium scrap exports increased 19.4% year-over-year in April. From January to April 2017, total imports were up 32.7 % to 1.5 million tonnes, while exports were up 5.1% to 9,11,720 tonnes. New can stock scrap receipts stood at 56.5 million pounds during May 2017, down 6.4% from the May 2016 total of 60.4 million pounds. On a month on month comparison, receipts rose 5.9% over April 2017. YTD receipts...
Indonesia loaded the first shipment of bauxite to Lubei Group after the government lifted ban on bauxite export. The ship is loaded with 56,000 tonnes of high-quality bauxite mined from West Kalimantan. It is expected to be arrived within 9 days, as reported by Shanghai Metals Market. On January 12 2017, Indonesia government lifted ban allowing the export of bauxite and nickel within limitations decided by the government. The implemented rules created concerns among many investors in Indonesia's smelting industry. In 2014, Indonesia imposed a banned on exporting bauxite and other ore in order to improve domestic processing. Indonesia government operated 32 mineral processing and refining corporations from 2012 to 2016 with the total sum of investment of USD20 billion in smelting...
The Indo-Italian Chamber of Commerce and Industry announced Tuesday, June 20, that it has entered into a strategic partnership DITECFER, District for Rail Technologies, High Speed, Safety & Security, in collaboration with ArtValley which hosts projects and international forums for the Italian railway sector. The partnership to be launched on Friday, 23rd June 2017, at the "India-Italy Transport and Railways intelligence market-place" on the occasion of the International Conference "India-Italy: Industry and intellectual exchange" during the 11th METEF Fair in Verona, Italy, is meant to set-up a common platform promoting Italian technologies, know-how and solutions for the booming Indian Railways sector. Commenting on the partnership forged President, DICTIFER and signatory to this...
India produces a substantial amount of downstream aluminium products. The country has top companies’ with their downstream operations. India’s total flat rolled products (FRP) capacity stands at about 400,000 tonnes. Balco’s Korba rolling plant produced about 18,000 tonnes of rolled products during FY2017 after resuming operations. Based on the flat growth percentage of 25 per cent for the aluminium consumption in 2016, FRP demand should currently be at an approximate range of 600,000-650,000 tonnes. India will need about 5,000 tonnes of high-end alloy plates over the next five years . According to Crisil Report, India would grow from 3.3 MT in 2015-16 to 5.3 MT in 2020-21 due to a host of government initiatives like, Make in India, Smart Cities, Housing for all, rural electrification,...
