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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According to Bank of America Merrill Lynch’s (BofAML’s) Global Commodity Research team, China needs to curtail its capacity of aluminium in order to rebalance the global market. “If the country's smelters increased production as planned, the global market would be oversupplied to the tune of almost five-million tonnes a year between 2018 to 2020”, it added. The analysts said, “Indeed, fundamentals on the Chinese market have been so weak that the country's smelters could have almost justified sending primary aluminium abroad, despite a 15% export tax.” London Metals Exchange (LME) aluminium prices increased when the Obama administration launched a complaint against Chinese aluminium subsidies at the World Trade Organization. Recently, China ordered aluminium producers to curtain their...
Bonnell Aluminium leading a group of customer-fabricated and finished aluminium extrusions manufacturers announced Wednesday, June 14 that it has started a new aluminium extrusion line at its Niles, Michigan facility under AACOA division. The new state-of-the-art expansion project, built at a total investment of US$18 million, includes a 3600-tonne aluminium extrusion press, cutting-edge handling systems and ancillary equipment, in addition to extra floor space meant to accommodate future value-added aluminium fabrication capacity. Bonnell Aluminium said that the new aluminium extrusion line would serve the automotive industry and the specialty markets with custom finished aluminium extrusions applications. Commenting on the start-up, Bonnell Aluminum President and General Manager, Brook...
Global high purity alumina market is estimated to be worth US$4,498 million growing at a CAGR of 16.7% by 2022, suggests data releases in the latest Allied Market Research report. 4N high purity alumina, which occupied more than 50% of the total HPA market in 2015, is expected to continue with the trend as the most promising segment throughout the forecast period. HPA 5N type segment will expand at the highest CAGR of 21.9%, in terms of volume, over the analysis period, the report says. Source: Altech Chemicals Ltd According to the report, LED lighting segment occupied a major share of the high purity alumina applications market in 2015. There are few clear trends that are boosting this segment’s growth: • Shift towards LED lighting from traditional lighting. • Stringent regulations...
Nissin Kogyo Co Ltd a Japanese, Nagano-based manufacturer of automotive parts like brakes, engine parts and knuckles says it plans to set up a new aluminium production factory in Nagano-ken. The company primarily focuses on brake technology and the development, manufacture, and sale of aluminium casting parts for the automotive sector. The growing demand for aluminium components from the automakers in Japan and China has driven the demand for aluminium for the OEMs. The company says they will set up an aluminium product factory and the project involves a capital of at 2 billion yen in total (including buildings and equipment). The company plans to start construction in August 2017 and targets to commission the plant by July 2018. The company has plants in Thailand, USA, Indonesia, the...
Rising for the third straight day, aluminium prices rose by another 0.29 per cent to INR 120.50 per kg in futures trading on June 15, as speculators engaged in enlarging positions, taking positive cues from spot market on rising demand. At the Multi Commodity Exchange, aluminium for delivery in June traded higher by 0.29 per cent, to INR 120.50 per kg in a business turnover of 352 lots. Similarly, the metal for delivery in July went up by 0.25 per cent, to INR 120.95 per kg in 14 lots. Analysts said expanding of positions by traders, tracking a firm trend at spot market on rising demand from consuming industries mainly kept aluminium prices up at futures trade.
India has a large number of small and medium size enterprises that manufacture aluminium household articles. Most of these articles are made from remelted ingots sourced locally and through imports. The articles include kitchen utensils, household furniture and fittings kitchen foils and packaging etc. The country exports substantial amount of aluminium household articles globally and has a huge demand in various countries in Europe, Americas and Asia.because of their quality and competitive pricing. {newsStudioGallery} As shown by the data, India exported about 21,725 tons of aluminium household articles in 2015. In 2016, the amount jumped up a little to stand at about 23,147 tons. Considering the data for the last two year, India is estimated to export 22,787 tons of aluminium household...
China Zhongwang, the world’s second largest and Asia’s largest aluminium extrusions producer is fiercely pushing for the trend of replacing steel with lightweight aluminium in cars. The company, which began making foray into the all-aluminium car part domain last year, has lined up some serious strategic plans in R&D and operations to achieve the target within the next five years. China Zhongwang has supplied advanced aluminium-alloy made car parts and all-aluminium car body sheets to a number of renowned automotive manufacturers such as Volvo, Mercedes-Benz, and BYD. In last year November, Liaoning Zhongwang Group Company Limited produced “Zhongwang Transportation Equipment Aluminium Extrusion” was certified as the Protected Eco-origin Product by the General Administration of Quality...
Primary aluminium ingot prices edged higher across major China markets. As on June 16, A00 aluminium ingot price in North China is ranging between RMB 13,480-13,500 per tonne; average price is RMB 13,490 per tonne, up 0.75 per cent from its previous price. The price of A00 aluminium ingot in Northeast China is ranging between RMB 13,470-13,490 per tonne. Its average price is RMB 13,480 per tonne, also up by 0.75 per cent from its previous price. A00 aluminium ingot price in East China- Zhejiang market stands at RMB 13,460-13,480 per tonne with the average price at RMB 13,470 per tonne (+0.75%). The average price of A00 aluminium ingot in East China- Jiangsu market is also up by 0.64 per cent at RMB 13,455 per tonne. The maximum rise is overserved in A00 aluminium ingot (Southwest China)....
Press Metal Bhd, the largest aluminium smelting firm in Indonesia expects stronger financial performance for the year ending Dec 31, 2017 (FY17) driven by improved aluminium prices and increased output. The group is expecting better growth in its bottom line and top line supported by higher aluminium price and a rise in the value of the US dollar. “We believe the price of aluminium this year will be higher than last year, and we are positive about the production output, which is going to be more,” said chief executive officer Datuk Paul Koon Poh Keong. “If the US dollar strengthens it will definitely help us. We are comfortable with this kind of range (RM4.25 to RM4.26 against the dollar) and of course if it is at RM4.4 it will be very good for us.” Koon said to the media after the...
Jamaican government’s recent decision to waive off bauxite levy for UC Rusal operated Windalco has raised many questions among the opposition. In a situation when profit making has become easier in the wake of declining oil prices this decision is being viewed as somewhat inappropriate on the part of the government. However, mining minister Mike Henry says the waiver was necessary for the sake of the domestic bauxite industry itself. Source: Wikimapia Leading integrated aluminium producer UC Rusal operates two plants - Ewarton and Kirkvine under Windalco bauxite and alumina production complex in Jamaica. Back in 2013, in the face of rising oil costs and falling prices of aluminium, the country's the then administration entered into an agreement with UC Rusal that saw it waiving off...
LME aluminium unable to sustain at US$1,880 per tonne level fell to US$1,864 per tonne on Thursday, June 15. The light metal which edged higher at US$1,886.50 per tonne on Tuesday, June 14, is being weighed on heavily by the growing stocks and slow moving inventory. LME aluminium has come down by 3.4 per cent from its monthly high of US$1,930 per tonne on June 1. There is a possibility that aluminium prices on LME will inch slightly higher as the US dollar index is plunging. The greenback hit its lowest since November 9 after weak US data on Wednesday; the light metal may gain support from it. However, recent price trend suggests that any rise will be transitory. As on June 15, LME official cash buyer aluminium price stands at US$1,863.50 per tonne, cash seller & settlement aluminium...
Kobe Steel, a Japan origin aluminium and steel product maker is expanding its capacity to supply aluminium materials to automakers in Asia and America. The company is aiming to raise aluminium and copper segment's pretax profit 70% to reach 20 billion yen ($183 million) by 2020 from the current 12 billion yen. Demand for aluminium in the automotive sector is growing as a lighter alternative to steel in order to improve fuel efficiency and to adhere to strict carbon emission norms. The company forecasts Chinese and Japanese demand for aluminium automotive panel and sheets to rise six to seven fold by 2025 from the current level. Kobe Steel is shifting their focus on aluminium as their mainstream businesses like iron and steel, construction machinery and electric power are making losses and...
Russian aluminium major Rusal said it plans to boost its aluminium production by 19% to 4.4 million tonnes by 2021, in order to cater to the rising global demand. The company expects the global demand to grow by 4 to 5 per cent annually till 2021 as the demand for "green" aluminium and advanced alloys is growing at a faster rate. The global demand for primary aluminium is expected to increase by 13.5 million tonnes to reach 73.2 million tonnes by 2021. The company presentation for May also said that that it aims to use 100% non-carbon energy sources for aluminium smelting by 2020, up 5% from the current level. Rusal also plans to boost value-added product sales by 47% to 2.5 million tonnes in 2020 from 2016. Rusal’s value-added aluminium products, like alloys in the form of ingots, bars,...
Scrap recycling and environmental services company Alba Group of Germany recently signed an agreement with its Chinese partner to set up a hi-tech scrap recycling park in China's Sichuan province. The plant to be built at a total cost of US$1.2 billion will recycle a wide variety of scrap commodities including aluminium scrap. Alba Group said in an official statement that the project named “Deyang Resource Recycling Industrial Park” will be developed in collaboration with Deyang Construction Investment and Chengdu Techcent Environment Co. Ltd. The agreement was signed in Berlin in presence of Chinese Prime Minister Li Keqiang and German Chancellor Angela Merkel. The Deyang Resource Recycling Industrial Park will be built on an area measuring over 3.3 square kilometres approximately, and...
On Wednesday June 14, France's Alliance Miniere Responsable (AMR) signed a deal with a Franco-Asian consortium to exploit bauxite reserves in a western Guinean city that recently faced unrest caused by protests against mining firms. As reported by local media, Societe Miniere de Boke (SMB), a joint French-Chinese-Singaporean venture, has been mining bauxite in Boke since 2014, and signed the deal with AMR at a Conakry hotel. Guinea is the world's leading producer of bauxite and is a lucrative destination for China to source bauxite after the mining and export ban crippled Indonesia and Malaysia, the two active bauxite exporting countries. Guinea President Alpha Conde said in May that mining companies operating in Guinea must "ensure locals benefit from the proceeds" and follow...
Australia's Altech Chemicals Limited, engaged in the development of high purity alumina (HPA), announced Monday, June 12, that it has been able to raise A$1.85 million (US$1.39 million) through its recent Share Purchase Plan (SPP) and placement. The decision has landed the company's shares in the hands of outside investors and new professionals. Altech issued its shares at a price of A$0.11 (US$0.08) per share with a five-percent discount below the volume-weighted average price of its shares on Australian stock exchange over the five days up to last Wednesday, June 7, the company said in an official statement. Altech Chemicals Managing Director Iggy Tan Commenting on the SPP and concurrent placement, Altech’s managing director Iggy Tan said, “The Company is extremely pleased with the...
The prices for A00 Aluminium Ingot for all major markets in China (North, South, East, North-East and South-West) have plunged further after the last gain on June 9 2017. Currently, among the domestic markets, the prices for A00 Aluminium Ingot for North China market have plunged 1.55% down from RMB 13,600/t on June 14 2017 to RMB 13,390/t on June 15 2017. A00 Aluminium Ingot at South China market plunged from RMB 13,625/t on June 14 to RMB 13,470/t on June 15. The price in East China market (Zhejiang) dropped from RMB 13,560/t on June 14 to RMB 13,370/t on June 15 and for Jiangsu province it dropped from RMB 13,545/t to RMB 13,370/t. For the Northeast China market, the price dropped from RMB 13,590/t on June 14 to RMB 13,380/t today. For the Southwest China market, the price dropped from...
The building and construction sector in the United Kingdom expanded at its fastest rate in past 17 months in May, driven by a dramatic rebound in homebuilding after a slow start to 2017, a latest survey report says. The Markit/CIPS construction purchasing managers' index rose to 56 from 53.1, the highest since December 2015 (Note: A figure above 50 indicates expansion). Boosted by this growth, the UK’s import of aluminium structures and aluminium cladding is also rising. The imports grew at per cent rate year-over-year in 2016. The UK imported 118,302 tonnes of aluminium structures in 2016. The imports included housing construction components like aluminium roofing, aluminium cladding, and structures made of extruded aluminium products. The total cost of imports stood at US$596 million...
