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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En+ Group, a Russian energy-related company controlled by Oleg Deripaska, reported adjusted core earnings of $2.3 billion for 2016 on Tuesday, April 18. The disclosure is the group’s first in two years. En+ owns 48 per cent stake in Russia’s biggest aluminium company Rusal. Financial market sources reported that the company is considering an initial public offering (IPO) in 2017. En+'s adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) for 2016 totalled $2.3 billion, of which Rusal accounted for $1.5 billion. Other businesses of the group, such as power operations, coal mining and logistics - accounted for $822 million. "These results reflect positive trends which we have seen continuing into 2017, notably stronger aluminium pricing and growing demand for...
Sweden's aluminium plates, sheets and strips export is logging a steady growth. The European nation, which quit the Eurozone last year, shipped 62251.32 tonnes of the aluminium rolled products in 2016. The total export volume was valued at US$211.7 million. Projection shows the growth will continue through 2017. {newsStudioGallery} Volume-wise, aluminium plates sheets and strips export by Sweden increased 17.13 per cent year-on-year in 2016. The value of export also increased by 9.3 per cent. In 2015, total aluminium plates sheets and strips export stood at 53143.64 tonnes and was worth US$193.15 million. In 2017, Sweden is estimated to export 61090.02 tonnes of aluminium plates, sheets and strips that would generate revenue of US$198.28 million. Sweden being a developed export-oriented...
Suzlon Group, one of the leading renewable energy solutions provider worldwide, has Installed and commissioned two renewable projects of 50.40 MW each for NALCO. Bothe the wind power plants are situated at Gondikota in Andhra Pradesh and Jath in Maharashtra. The two renewable projects are likely to deliver power to over 54,000 households. The plants can play a major role in reducing CO2 emissions up to 0.20 million tonnes every year. J.P. Chalasani, Group CEO, Suzlon Group said, "It is a proud moment for us and we thank NALCO for the faith and confidence reposed in Suzlon's technologically advanced products, execution and life cycle asset management capabilities.” “We will continue to collaborate with NALCO and look forward to work in synergy towards our common goal of reducing the carbon...
The MCX-aluminium futures contract on the Multi Commodity Exchange (MCX) fell last week, breaking below the support at INR 124 a kg. However, the 21-week moving average at around INR 122 aided in halting the fall. The contract made a low of INR 122.25 on Thursday and has reversed sharply higher from there on Monday. It is currently trading at around INR 124. Immediate resistance is at INR 125. If the contract manages to surpass this hurdle, the downside pressure will ease. Such a break can take the futures contract higher to INR 128 initially. A further break above INR 128 will pave the way for a test of the crucial long-term resistance at INR 130. On the other hand, if the contract fails to break above INR 125, it can remain range-bound between INR 122 and INR 125 for some time. A break...
According to the latest details of Liberty House Group for establishing a plant at Fort Williams, the Highlands could become a key manufacturing centre of aluminium alloy car wheels in the UK. Liberty House is aiming to manufacture up to two million alloy wheels per annum at its planned facility. Sister company SIMEC is expected to supply hydro and bio-diesel power to the plant, as part of the company’s low-carbon “Greenmetal” strategy. The company believes its new plant could replace 25 per cent import of alloy wheels and provide the UK market with between 1.5million and 2million wheels each year. Currently, the demand of these products is met by imports. Ian Blackford, MP for Ross, Skye and Lochaber, said: “When you look at the vision that Liberty and its management have, there is no...
The London Metal Exchange market opened yesterday after the Easter Holidays; LME aluminium that has been falling since April 5, finally regained some strength and closed at US$1,915.50 per tonne, up 1.34 per cent from its previous close of US$1,890 per tonne on April 13, Thursday. As Shanghai Metals Market (SMM) finds it, the light metal contract will see technical rally on Wednesday, April 19, and move at US$1,890-1,930 per tonne. As on April 18, LME official cash buyer price of aluminium stands at US$1,915 per tonne, cash seller & settlement price is US$1,915.50 per tonne, 3M buyer price is US$1,928 per tonne, 3M seller price is US$1,930 per tonne, Dec1 buyer price is US$1,968 per tonne, and Dec1 seller price is US$1973 per tonne. The current LME official Opening Stock of aluminium is...
India is on a fast track of growth. Pegged to be the fastest growing economy in the world in 2017-18 (forecasted growth rate 7.2%) as projected by the International Monetary Fund (IMF), the country stands to offer many emerging sectors the right opportunity to grow. One such sector is electric vehicles. India is planning to promote low-cost electric vehicles with the use of lithium-ion batteries. A slew of new projects have been lined up that would manufacture these batteries. These projects are expected to boost the domestic consumption of high purity alumina in the coming years. Suzuki Motor Corp., parent of India’s largest car maker Maruti Suzuki India Ltd, said last week that it will form a joint venture with two Japanese firms, Denso Corp. and Toshiba Corp., to produce lithium-ion...
Vivocom International Holdings Bhd announced today that it has bagged three contracts totalling RM44.71 million for setting up aluminium and glazing works at two different locations. PJD Construction Sdn Bhd has given two contracts to the company. The contracts include a RM6.01 million for design, fabrication, supply, delivery and installation of aluminium and glazing works for a hotel and another RM13.5 million for two blocks of serviced apartments. These two projects are sited in Pahang. Setiakon Builders Sdn Bhdh has awarded the third contract worth RM25.2 million for aluminium and glazing works for four 40-storey serviced apartment blocks in Damansara, Selangor. According to the company, "The projects are expected to contribute positively to the earnings and net assets of Vivocom for...
Ikan has announced its latest on camera LED lights: the Onyx. The Onyx is made out of aluminium that makes it durable and lightweight. The on camera lights are high quality LEDs that create very bright and uniform lighting. The Led lights can be used by professional photographers, videographers, and cinematographers. Barry Garcia, Product Manager of Ikan said, “With its sleek portable design, the Onyx gives professionals a great on camera LED light at an affordable price.” The fixture gives off minimal heat as the Onyx features an aluminium frame, allowing for excellent ventilation. The user can easily control the brightness from 10-99 per cent and colour temperature from 3200K-5600K. The Onyx comes in two sizes: the OYB120 and OYB240. The Oynx 120 Bi-Color Aluminium On-Camera LED Light...
The United Kingdom is a major aluminium products manufacturing hub in Europe. Automotive is the key end user sector that generates maximum demand followed by the building and construction sector. Of late, UK aerospace industry has increased its operations. The world's second largest aerospace industry UK aerospace now stands to emerge as the next global powerhouse to reckon with. It is driving aluminium extrusions and special aluminium products demand in the domestic market significantly. {newsStudioGallery} The UK also exports a major volume of its domestically produced aluminium bar rods and profiles in the international market. Data shows, the country exported 17351.23 tonnes of aluminium bar rods and profiles in 2015, which increased by 36 per cent to reach 23615.68 tonnes in 2016. In...
Leading metal and coal mining company South32 announced that the company has dropped the plan to buy Peabody Energy's Metropolitan coal mine worth $200-million in Australia. The company was not ready to make concessions in favour of Australian steelmakers. South32 CEO Graham Kerr said, "To proceed with the acquisition, in light of the anticipated concessions, would have compromised the merits of the transaction and this is not something we are prepared to do." South32 had proclaimed in November that it decided to buy Peabody’s Metropolitan Colliery and an associated 17 per cent stake in the Port Kembla Coal Terminal. Peabody president Glenn Kellow said in a statement, "We are surprised that South32 and the ACCC reached an impasse, given both the physical synergies and the global nature of...
Vishay Intertechnology, Inc., the American manufacturer of discrete semiconductors and passive electronic components, announced recently that the company has successfully extended the useful life of 500 V devices in its key offering 159 PUL-SI series of snap-in power aluminium capacitors. Vishay BCcomponents devices now offer a useful life of 5,000 hours at +105 °C for industrial motor control, solar PV inverters, and power supplies. Vishay's 159 PUL-SI capacitors feature a cylindrical aluminium case fitted with a pressure relief valve and a blue sleeve insulation. The aluminium case size varies from 2 x 25 mm to 35 x 60 mm. As per the company's official specification the offering rated voltages from 200 V to 500 V. The devices feature high ripple current to 2.80 A, maximum ESR down to...
Alumina price decline in major China markets is expected to slow down as current low prices are attracting increased buying, observe market watchers. While the volatility is hurting bottom lines of the alumina refiners, aluminium producers in China are reaping higher profits from the reduced cost of production and higher aluminium prices. With alumina market prices dropping to their psychological procurement price range, it is expected that aluminium producers will further step up their alumina buying activities helping narrowing down of price declines. As per Shanghai Metals Market projections, alumina price in Guangxi will fall below 2,400 yua per tonne while prices of the commodity in other regions will test 2,400 yuan per tonne this week. Following table shows spot alumina price...
Australian based supplier of non-ferrous building materials Craft Metals aluminium cladding has been installed on the Mill Apartments in Eastwood NSW. Volcano Stone, a pre-painted aluminium product, is an exclusive product of Craft Metals that meets green trend initiative. Architectural Roofing and Wall Cladding installed the aluminium cladding on the apartment. The designer Marchese Partners Architects built the apartment with green living in mind, The Mill Apartments sit amid a serene green landscape full of parks, shade and places to sit and relax. Craft Metals aluminium cladding provides 100 per cent recyclability and corrosion resistance making it ideal for the harsh Australian climate. A pre-painted aluminium cladding is lightweight and resistant to UV light and chalking and low...
The London Metal Exchange market remained closed till Monday, April 17, for the Easter Holidays. Shanghai Metals Market (SMM) expects that LME aluminium will open higher at US$1,920-1,965 per tonne on Tuesday, April 18 (at 15:00). The market will watch out for the price support at lows, analysts observe. The benchmark price of aluminium on Shanghai Metal Exchange (SME) is displaying a fluctuating trend. The benchmark aluminium price on Tuesday, April 18 stands at US$2,079 per tonne, down 0.76 per cent from yesterday's price of US$2,095 per tonne. Aluminium futures contract traded on Shanghai Futures Exchange (SHFE) experienced a significant surge during Asian trading hours on Monday, April 17. SHFE 1706 aluminium opened higher at RMB 14,285 per tonne and shot up to RMB 14,995 per tonne on...
Major aluminium scrap commodity prices in India market remained steady on Thursday, April 13, while aluminium futures prices on Multi Commodity Exchange (MCX) witnessed a slide. The overall price ended below at INR 123.10 per kilogram. India's aluminium scrap commodities, the major ones that is, like aluminium accessories scrap, aluminium cable scrap, aluminium ingots, aluminium rod company, aluminium rod local, aluminium scrap 6063 and aluminium scrap taint/tabor did not show much change on Thursday. The most actively traded April aluminium contract on MCX declined by 1.13 per cent to settle at INR 123.10 per kg on Thursday from its previous close of INR 122.35 per kg. MCX aluminium prices registered an intra-day peak at INR 123.30 per kg and an intra-day low of INR 122.25 per kg the...
Arconic today announced that Klaus Kleinfeld, by mutual agreement with the Arconic Board of Directors, has stepped down as Chair and Chief Executive Officer of Arconic and has resigned as a Board member. David P. Hess, a current Board member, has been appointed as Interim CEO of Arconic and will remain on the Board. Mr. Hess has decades of experience in leading aerospace and industrial businesses. Patricia F. Russo, Arconic’s current Lead Director, has been appointed as Interim Chair of the Board. Ms. Russo has served on the Board since 2008 and has been serving as Lead Director since 2015. “The Board is focused on hiring a world-class CEO to lead Arconic into its next chapter. We are focused on ensuring a smooth leadership transition for our customers, employees and many stakeholders,”...
Aluminium Bahrain (Alba), one of the largest and modern aluminium smelters in the world, has secured commitments of $700 million from Export Credit Agency (ECA) supported facilities to finance Line 6 Expansion Project. The Line 6 Expansion Project is expected to start production by 2019. The Project is one of the company’s largest brownfield developments in the region. The project is expected to boost the smelter’s per-annum production by 540,000 tonnes, bringing company’s total production capacity to around 1.5 million tonnes per annum. The facilities include a dual tranche of $310 million and $334.4m SERV Guaranteed Export Credit, and $53.1m Euler Herms Guaranteed Export Credit. The SERV-backed facility will fund the Company’s Power Station 5 (PS5) wherein General Electric (GE), EPC...
