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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Schuler group, the world's largest press manufacturer, entered into a partnership agreement with Japan’s DWI Bottle Cans specialist TMC. The reason behind the move is the rising demand for Drawing and Wall Ironing (DWI) bottle cans. The Drawing and Wall Ironing (DWI) is used in the production of bottle cans as they require fewer materials than former extruded bottles. Specialists predict that such aluminium bottles will be produced more in the future over aerosol cans. The trend has grown from Japan to the USA and now also to China. Schuler managing director Johannes Linden, who heads the "Systems" division said, "TMC brings its tool and process know-how to the cooperation and we have our experience with the construction of metal packaging presses as well as our worldwide service offer.”...
According to a Reuter’s report, a base metals buying and selling platform for physical spot delivery launched by German company Metalprodex in 2016 is expanding into metals trading using price premiums. "Price premium trading contracts have now been launched covering all primary aluminium, lead, zinc and copper products as well as all semi-finished products," Metalprodex managing director Janko Linhart told Reuters on Wednesday. Metalprodex was launched in the last quarter of 2016 as an electronic trading platform for delivery of physical metal within two days. The platform officially started trading activities in aluminium, copper, lead and zinc in 25-tonne lot sizes, he confirmed. The report also confirms that the platform will facilitate trading of semi-finished products such as...
India major aluminium scrap commodities prices climbed on Tuesday, while aluminium futures prices at Multi Commodity Exchange settled down on profit booking after prices gained on expectations of a tighter market. The major aluminium scrap commodities on the Scrap Register Price Index advanced on Tuesday. India's major aluminium scrap commodities like aluminium rod company, aluminium rod local, aluminium sheet cutting, aluminium utensil scrap and aluminium wire scrap traded up on Tuesday. The most active March aluminium contract on Multi Commodity Exchange down by 0.036 percent to Rs. 125.85 per kilogram on Tuesday from previous close of Rs. 126.30 per kilogram. The MXC aluminium prices touched an intra-day high of Rs. 126.90 per kilogram and an intra-day low of Rs. 125.70 per kilogram...
Italian shipyard Rossinavi launched its second 49m Aurora superyacht in Viareggio. The Aurora, fast displacement moto yacht gets all-aluminium construction. The sleek and sporty exterior is designed by Fulvio De Simoni. The naval architects and the interior are designed by Arrabito and Achille Salvagni respectively. CEO Federico Rossi said, "The launch of Aurora marks a departure from the style of our previous launches and is another example of how Rossinavi meets the needs of our discerning clients with full-custom solutions.” The all-aluminium super yacht has twin MTU 4000 M93L engines. The yacht runs at a speed of 21 knots and a range of 3,800 nm. It has a cruising speed of around 17 knots. Federico added: “Working with Fulvio De Simoni, we wanted to develop a fast and aggressively...
Taiwan ranks second in per capita aluminium consumption with a rate of about 33.3 kg. The island country has seen significant demand growth for aluminium alloy on the island. The country produces about 819,000 tonnes of aluminium domestically in four main categories: Secondary Aluminium Alloy, Casting, Rolling and Extrusion Industries. C.S. Aluminium Corp., which was a subsidiary of China Steel Corp. (CSC), produces about 400,000 tonnes of aluminium products in Taiwan per year. Taiwan imports substantial amount of aluminium alloys to supplement domestic production and make value added products. {newsStudioGallery} As shown by the recent data, Taiwan imported 2,74,517 tonnes of aluminium alloy in 2015, which increased to total at 3,03,621 tonnes in 2016. Based on this statistics, for the...
After dropping down to US$1,938 per tonne on Tuesday, April 4, LME aluminium closed at US$1,962 per tonne on Wednesday, April 5, registering 1.2% rise from last closing price. As seen by SMM, LME aluminium will move at highs on Thursday and will fluctuate between USD 1,950-1,990 per tonne. According to Reuter’s analysis, LME aluminium may retest a resistance at $1,978 per tonne and may gain further to $1,992, if it breaks above the resistance mark. The resistance is provided by the 214.6% Fibonacci projection level of an uptrend from the March 14 low of $1,855. If LME aluminium hovers long below the resistance, the price will fail to reach the peak of $1,992. LME will find support at $1,956, a break below which could cause a loss to $1,948. As on April 5, LME official cash buyer price of...
The European Aluminium Foil Association (EAFA) once again presents the Alufoil Trophy 2017 with five major categories includes Consumer Convenience, Marketing + Design, Product Protection, Resource Efficiency and Technical Innovation. This year an award for Application Innovation has been added for the first time. Constantia Flexibles, the manufacturer of flexible packaging and labels, won four Alufoil Trophies for innovative packaging. The association’s Executive Director Guido Aufdemkamp commented on this year’s winners, “The different competition categories allow aluminium foil products made for a variety of industry sectors to demonstrate a wide range of innovations. It confirms the ‘strength in depth’ of the industry that so many excellent products were recognised again this year.”...
The Ministry of Energy and Mineral Resources Indonesia issued a series of export recommendations on Monday, April 3, for the state-owned mining and company Aneka Tambang (ANTAM). The recommendations allow the vertically-integrated, diversified metals and minerals producer to export bauxite and nickel ores overseas. The ministry's directives stating Antam can ship 850,000 tonnes of bauxite and 2.7 million tonnes of nickel ore to overseas market have been sent to the Ministry of Trade for approval. Bambang Gatot, the director general of coal and minerals at the Energy and Mineral Resources Ministry told the media that once approved the diversified miner specializing in bauxite and nickel ore production can go on to load their export consignments for delivery. It is the Trade Ministry of...
Alba has reported production and sales results for the first quarter of 2017. Aluminium Bahrain started 2017 with strong sales and production volume registering an increase of 4.9% and 5.6% YoY respectively. Sales volume in the first quarter of 2017 totalled 242,932 tonnes compared to 231,538 tonnes in Q1 2016 while production volume totalled 248,776 tonnes, an increase of 13,298 tonnes in comparison with 235,478 tonnes for the same period in 2016. Commenting on Alba’s Sales volume and Production for Q1 2017, Alba’s Chief Executive Officer, Tim Murray said: “We are pleased to finish the first quarter of 2017 with this strong volume momentum in our Sales and Production…We were able to step-up our performance thanks to our plant reliability, integrated marketing approach and most...
UACJ Automotive Whitehall Industries Inc. is going to expand its plant in Paducah with a total investment of nearly $3.3 million. Paducah Economic Development has made an announcement that the expansions consists of a 56,000 sq. ft. The new expansions will have machining centres, robotics and additional fabrication equipment. This will also create job opportunities by July 2018. Paducah Economic Development’s President and CEO Scott Darnell said, “Paducah Economic Development’s number one mission is to help our local businesses succeed and grow. The best and most sustainable type of growth for Paducah is that which comes from our local industries Whitehall is a tremendous corporation for our community and we are proud to partner with them to continue their success.” UACJ Automotive...
UC RUSAL, a leading global aluminium producer, and Runaya Metsource LLP, a company promoted by principal shareholders of Vedanta, have signed an agreement to create a joint venture on an equal basis in India (JV). The JV will set up a world class facility which specializes in the production of high technology aluminium pastes and powders with a wide range of high end applications, including innovative industries such as additive technologies and solar energy. India has ambitious growth plans in these sectors and Rusal shall bring in its rich experience of being a high quality producer of these products. The project capacity of the JV will be 10ktpa. The project will begin this year and commence commercial production in 2018. The project will be divided into several stages; the first stage...
South Africa is the manufacturing powerhouse of the African continent. Boasting an industrial tradition dating back 150 years, the country has emerged as a major automobile manufacturing hub. The automotive components industry is also well placed for global investment opportunities. {newsStudioGallery} Vehicle manufacturers such as BMW, Ford, General Motors, Mercedes Benz, Nissan, Renault, Toyota and Volkswagen have production plants in South Africa, while component manufacturers like Arvin Exhaust, Bloxwitch, Corning, Senior Flexonics have established their production bases here. This entire sector generates a huge demand for aluminium castings of which aluminium plates, sheets and strips form a crucial part. The aluminium foundry sector in South Africa produces about 5,000 tonnes of...
Mali’s chamber of mines told Reuters on Tuesday that Mali's Falea project is now estimated at 1.63 billion tonnes of bauxite reserves. The bauxite reserve is equal to 572 tonnes of refined aluminium with numerous new discoveries. Mali is the landlocked country in West Africa and the third largest gold exporter in Africa. With Chinese-built rail projects worth $11 billion, the nation expects to explore other minerals as well. Abdoulaye Pona, the president of Mali's chamber of mines, said that initially 439 million tonnes ore was estimated at Falea . The estimation was raised by two more discoveries that included 720 million tonnes of bauxite equal to 252 million tonnes of aluminium at Bouala and 480 million tonnes of ore yielding 168 million tonnes of refined metal at Torolo. He added,...
CME Group has reported that March 2017 average daily volume (ADV) reached 16.9 million contracts, up 18 percent from a March 2016. CME Group March 2017 options volume averaged 4 million contracts per day, up 47 percent versus March 2016, with electronic options averaging 2.3 million contracts per day, up 52 percent over the same period last year. Open interest at the end of March was 114 million contracts, up 8 percent from the end of March 2016. Interest Rate volume averaged 8.7 million contracts per day in March 2017, up 36 percent from March 2016. CME Group Metals volume averaged 491,000 contracts per day in March 2017, up 5 percent from March 2016. Reached record first-quarter Metals ADV of 512,000 contracts, up 13 percent. Achieved 24 percent year-over-year growth for base metals in...
Aeromet International, a UK based specialist in aluminium and magnesium casting and supplier of airframe and aero engine components, has secured the biggest order contract ever with airplane manufacturer Boeing. In addition to this, the company also extended the long-term agreement contract with Boeing. As per new contract, the company will supply parts for Boeing’s next generation 777X airplane. The company will use its A20X aluminium alloy for making the new parts. The A20X is being developed and patented by the Aeromet. The alloy is the strongest aluminium casting alloy available in the market, the company claims. The new 777X is expected to enter service in 2020. Simon Holliday, Aeromet’s Managing Director, said: “This agreement builds upon Aeromet’s 17-year relationship with Boeing...
LME aluminium is moving downhill. The light metal which was rallying a week ago dropped 0.53 per cent from its previous close of US$1,948.50 per tonne on Monday, to US$1,938 per tonne on Tuesday, April 4. The decline, Reuters analyses, is not going to be a persisting one. The wave pattern and a Fibonacci projection says LME aluminium may end its current bounce around a resistance at US$1,970 per tonne and then fall towards its April 4 low of US$1,936. According to Shanghai Metals Market forecast, LME aluminum will rally to the 10-day moving average and move at US$1,922-1,946 per tonne on Wednesday, April 5. As on April 4, LME official cash buyer price of aluminium stands at US$1,937 per tonne, cash seller & settlement price is US$1,938 per tonne, 3M buyer price is US$1,948 per tonne, 3M...
Hazlemere Commercial, an independent aluminium double glazing manufacturer based in High Wycombe, England, expanded their product range by adding AluK’s aluminium products. This could lead the company to achieve position of region’s leading architectural specialist glazing manufacturer and installer. Tony Beale, Sales Director at Hazlemere Commercial commented: “With Hazlemere Commercial, developers and architects can be confident that they’re getting a quality service from start to finish, with an outstanding range of products. We’re delighted to add AluK’s aluminium offering to our range, and provide clients with an even more comprehensive service.” Hazlemere Commercial that offers products to the Midlands and South can now provide more aluminium profiles i.e. commercial windows, doors...
Altech Chemicals has dual listed shares trading under the ticker A3Y on Germany’s Frankfurt Stock Exchange. The dual listing supports Altech’s strategy to broaden its European investor base, particularly in Germany where there is growing interest in the company’s high purity alumina (HPA) project. The Frankfurt Stock Exchange is the world’s third largest exchange-trading market as measured by trading volume, behind the New York Stock Exchange and NASDAQ. More than 50% of the total trades on the Frankfurt Stock Exchange are from investors located in countries outside of Germany. Altech’s investment appeal for German and other European investors is supported by its negotiations with a German institution regarding project finance and the appointment of a German engineering and procurement...
