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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LME aluminium partially recovered its recent losses and edged higher at US$1,903.50 per tonne on Wednesday, June 7. The 0.55 per cent rise in aluminium prices on the global bourse from the previous day’s close of US$1,893 per tonne is seen as a transitory turnaround by the analysts which they say is unlikely to extend over the short term. Shanghai Metals Market (SMM) suggests that LME aluminium will continue to hover at lows of US$1,895-1,915 per tonne on Thursday, June 8. As on June 7, LME official cash buyer price of aluminium stands at US$1,903 per tonne, cash seller & settlement price is US$1,903.50 per tonne, 3M buyer price is US$1,903 per tonne, 3M seller price is US$1,904 per tonne, Dec1 buyer price is US$1,932 per tonne, and Dec1 seller price is US$1,937 per tonne. The current LME...
Two of the world's biggest primary aluminium producing countries Russia and the US registered declines in their aluminium offshore sales during January-April 2017. Russia reported a drop in the export volume while the US registered a decline in both import and export for the period under review. A comparative trade data shows the following aluminium export trends for both countries during January-April 2017 vis-à-vis January-April 2016. Please note, the figures given below are estimates; the actual figures represent a drop which can be attributed to multiple macroeconomic factors. According to Russia Customs data, the country exported 1,085,800 tonnes (1.08 million tonnes) of aluminium during the initial four months of this year, down from 1,116,000 (1.11 million tonnes) tonnes a year...
Bauxite is slated to become one of the most in-demand mineral ore traded worldwide. The principal ore of aluminium, bauxite is majorly found in the tropical and sub-tropical regions such as Australia, Africa, South America, West Indies, India, China and some parts of Europe (in small quantity). A recent market study by Digital Journal suggests that North America has the largest market share for bauxite mining owing to the high aluminium demand in the region. The global bauxite mining market is predicted to register a steady growth by 2020. According to the report, after North America, Europe and Asia Pacific will be the largest demand boosters. North America will continue to dominate the market over the forecasted period. Europe will witness a marginal growth. The highest growth rates...
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Rimstock, manufacturer and supplier of cast aluminium wheels based in West Bromwich, is investing millions for the expansion of its business. The company aims to become the UK's only manufacturer of premium alloy and aluminium wheels. The company has secured a £12.4m funding package from Clydesdale and Yorkshire Banking Group (CYBG). The funding will be used to build a new plant in West Bromwich. Also, it plans to invest in new machinery and equipment while creating employment opportunities. Steve Lane, Rimstock’ chief executive, said: Here at Rimstock, through both our new ownership and the support of CYBG, the investment has provided an immense opportunity to accelerate the company’s aspirations - to be Europe’s, if not the Global, premium alloy wheel manufacturer”. “We are Britain’s...
Henrik Fisker from the original Fisker Automotive is working hard to bring back their ill-fated electric car Fisker Karma in a new launch, the EMotion, whose photographs have been published recently. The 644-km -range all-electric sedan is the first vehicle from his new company Fisker Inc. has been first trailered in the last year. In a recent preview, the six-figure Emotion has flaunted brilliant curves and features sculpted around a range of new technologies. Self-driving technology is quite central to the new EMotion face. While much slimmer than a classic ICE-vehicle grille, this aluminium-framed centerpiece is broader than its previous model. This gives the car the technology-driven facial identity that Fisker had intended to integrate in this car. While developing the aluminum and...
Quintiq, a Dassault Systèmes brand and global leader in supply chain planning and optimization (SCP&O), announced that they would continue their partnership with Aluar Aluminio Argentino S.A.I.C. (Aluar) in order to improve the aluminium producer’s planning and optimization capabilities. Aluar, the only primary aluminium producer in Argentina, has a production capacity of 460,000 tons. The company exports around 70 per cent of its output around the globe. Gabriel Perez Villamil, Aluar’s IT Director, said, “The advantages of Quintiq were clear to us from the start. In 2007, we worked with the Quintiq team from the Netherlands to implement the solution. Now that Quintiq has expanded into Latin America, we are being served by a local team. This enables us to collaborate with even more ease.”...
Japan is a major exporter of aluminium scrap and automotive grade aluminium alloy scrap to the entire of South East Asia. The country shipped 197750 tonnes of aluminium scrap globally in 2016. The total export was valued at US$349 million. On the other hand the country imported just 39281 tonnes of aluminium scrap and the cost of import stood at US$ 65 million . {newsStudioGallery} If we do a quarter on quarter analysis, we observe that Japan exported an estimated 51,511 tonnes of aluminium scrap in Q1 2016-17. In Q2, the amount dropped to 48,658 tonnes. In Q3, the estimated aluminium scrap export increased to 52,068 tonnes and in Q4, the amount dropped to 47,842 tonnes . This shows the scrap export is on the rise on every alternate quarter. On the import scene, Japan imported an...
Bauxites de Guinée's (CBG), one of the largest producers of bauxite in the world, is planning to increase its annual production capacity of bauxite to 22.5 million tonnes in the future, reported by MiningSink. CBG is a joint venture between the Guinean Government (49%) and Halco Mining (51%) also a joint venture between Dadco Mining and Rio Tinto Alcan. Currently, the company produces 14 million tons of bauxite per year. The Company exploits the world-class Sangarédi bauxite deposit in northwestern Guinea, recognized for its rich ore body containing more than 50 per cent alumina. In 2016, Fluor was awarded an engineering, procurement and construction management (EPCM) contract to expand company’s bauxite mine in Kamsar, Guinea. The project will expand bauxite production upto 18.5 million...
Aluminium rolled product manufacturers and aluminium alloy processing companies in China are about to witness an explosive growth in demand for their products as rise in demand for lighter vehicles is on the forecast. According to the ambitious Made-in-China 2025 Plan, average weight of vehicles made in the country will be reduced by 5-20 per cent by 2020 through the strategic use of high-strength steel, aluminium-magnesium alloy and other composite materials in car bodies. Piggybacking this demand for lighter vehicles demand for automotive aluminium rolled products in China domestic market is set to increase by 562.5 per cent to reach a whopping 544,000 tonnes by 2020, from the current 82,000 tonnes usage in 2016. The CAGR forecasted for the period is 60 per cent. Aluminium extrusion...
Average alumina prices in four major China markets have gained strength. Alumina price in East China is hovering around RMB 2,660 per tonne, up 1.92 per cent from its previous price. Alumina South China stands at RMB 2,610 per tonne, up 1.56 per cent from its earlier price. Alumina price in Central China has edged higher by 1.92 per cent to stand at RMB 2,650 per tonne, and Alumina North China is up 1.92 per cent at RMB 2,650 per tonne as on June 7. Aluminium Corporation of China Limited (Chalco) has kept its alumina price unchanged. The average Alumina (Chalco) price stands at RMB 2,650 per tonne as on June 7. Price of Alumina (Imported) also remains unchanged at RMB 2,800 per tonne (average). The price is reportedly hovering in the range of RMB 2,770-2,830 per tonne. Coming to other...
Major aluminium scrap commodities prices in India dropped on the Scrap Register Price Index as on Monday, tracking the weakness in aluminium futures prices at Multi Commodity Exchange as traders brushed aside news that Qatar's exports of the metal had been blocked and focused instead on weak Chinese demand and rising geopolitical tensions. India's major aluminium scrap commodities like aluminium accessories scrap, aluminium rod company, aluminium rod local, aluminium sheet cutting, aluminium utensil scrap and aluminium wire scrap declined on the Scrap Register Price Index as on Monday. The most active June aluminium contract on Multi Commodity Exchange settled down by 1.29% INR 122.25 per kilogram on Monday from previous close of 123.85 per kilogram. The MXC aluminium prices touched an...
As the deadline for use of nylon packaging materials looms in Nairobi, and with the government being strict about not reversing the ban of environmentally hazardous material, local shoppers, retailers, and plastic paper manufactures are now looking for alternative materials. The use of aluminium foil could be among the next options for the locals. Despite the high prices, aluminium foils are more environment friendly and 100% recyclable. It is a healthier option for food and other consumer perishable packaging as it stops moisture from entering packaged goods. This comes after Nairobi County said that nylon paper users would have to pay for alternative wrapping materials when they purchase goods from any corner shops and supermarkets. The Kenya Association of Manufacturers (KAM) has...
According to a new research report by Technavio, the global aluminium cans market has grown at a CAGR of around 2.7 per cent during 2009-2016. The total aluminium cans production volume stood at around 285 billion in 2016. As per the study, the beverage sector currently accounts for the majority of the global aluminium cans consumption, the food sector being the second. The report segmented geography-wise global aluminium cans consumption. North America is the biggest consumer of aluminium cans accounting for more than one-third of the total global consumption. North America is followed by Western Europe and Asia-Pacific. Rexam represents the biggest producer accounting for more than one-fifth of the total global aluminium cans market followed by Crown and Ball. Also, Technavio's analysts...
LME aluminium failed to hold its ground and plunged below US$1,900 per tonne overnight as crude oil prices fell majorly due to ongoing Middle East tension. The key economic indicator presented a gloomy outlook despite OPEC move to extend production cuts. LME aluminium also failed to draw support from a weak US dollar which traded near a seven-month low on Tuesday, June 6. The light metal traded globally closed at US$1,893 per tonne at the end of last night’s trading, down 1.2 per cent from the previous close of US$1,917 per tonne on Monday, June 5. Shanghai Metals Market (SMM) forecast suggests: aluminium prices on LME will continue to struggle around US$1,900 per tonne and fluctuate in the range of US$1,895-1,915 per tonne on Wednesday, June 7. As on June 6, LME official cash buyer...
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Emirates Global Aluminium (EGA), one of the world’s biggest aluminium producers, today announced that the company opened its new head office. The new office is located next to its Al Taweelah aluminium smelter and alumina refinery in Khalifa Industrial Zone Abu Dhabi, KIZAD, which is currently under construction. Abdulla Kalban, EGA’s Managing Director and Chief Executive Officer, said, "We integrated our predecessor companies to form EGA some years ago, but the opening of our new head office is the final symbolic step.” “This complex is now the administrative centre of our business, as well as the centre of the broader UAE aluminium sector of which EGA is the heart and foundation." The company provides aluminium to approximately 26 companies in the UAE, some are located near to its Al...
A producer and a Japanese buyer agreed to set the third-quarter premium for aluminium imports into Japan at $119 per tonne plus LME cash CIF Japan, down from $128 per tonne for Q2, several parties involved in the talks said Monday. The agreement was for P1020/P1020A aluminium ingot for shipping to Japan over July to September, for over 500 tonnes per month. Around 15 Japanese buyers and five producers are continuing the negotiations, sources said. Rusal offered at $128 per tonne plus LME cash CIF Japan, Rio Tinto Japan at $123 per tonne, a third producer at $125 per tonne, and a fourth producer at $120 per tonne. One Japanese buyer said $119 per tonne plus LME cash CIF Japan was too high. Producers said output cuts in China are affecting the market but it was too early to say, he said....
As per the figures released by the Directorate General of Commercial Intelligence and Statistics, Kolkata and Directorate of Export Promotion and Marketing, Bhubaneswar, Odisha registered 72 per cent increase in the value of exports of aluminium and aluminium products in 2016-17. Odisha posted a growth in exports between 2015-16 and 2016-17. The exports turnover, which was INR 19,082 crore in 2015-16, has gone up INR 40,872 crore during 2016-17, an increase of 114 per cent. MSME Secretary L.N. Gupta said, “The growth has mainly been on account of increase in the value of exports of iron ore (301 per cent), bulk minerals and ores (311 per cent), residual chemical and allied products (861 per cent), iron and steel (104 per cent), aluminium and products of aluminium (72 per cent) and...
According to the latest report from Aluminum Association, aluminium net shipments, including import by domestic U.S. and Canadian producers totalled an estimated 954000 tonnes during April, down 3.1% from the April 2016 total of 984500 tonnes. Shipments of aluminium mill products dropped 2.0% from the previous year to 653000 tonnes, while shipments of aluminium ingot for castings, exports and destructive uses dropped 5.3% YoY, totalling 301000 tonnes. Through the first four months of 2017, preliminary producer shipments totalled 3.9 million tonnes, slightly up from the YTD total for 2016. April inventory levels totalled an estimated 1.4 million tonnes, up 1.1% over the previous month but down 2.1% YoY.
