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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UC RUSAL the leading global aluminium producer from Russia, announces its results for the full year ended 31 December 2016. RUSAL’s revenue for the year ended 31 December 2016 decreased by 8.0% to USD 7,983 million as compared to USD8,680 million for 2015 attributed to the decrease in the average LME aluminium price from USD1,663 per tonne in 2015 to USD1,604 per tonne in 2016 and a 43.4% drop in premiums. However, the LME aluminium price increased by 14.4% YOY to USD1,710 in the fourth quarter of 2016 and this together with the 5.3% growth in aluminium sales volumes resulted in the increase in revenue by 9.2% to USD2,027 million in the last quarter of 2016. Aluminium segment cost per tonne decreased by 4.7% YOY to USD1,344 in the fourth quarter of 2016 due to cost control measures and...
LME aluminium prices have gained further as the US dollar index fell after the Federal Reserve announced on March 15 that it raised its benchmark interest rate. The contract closed at US$1,895 per tonne after Thursday's night trading, up 1.71 per cent from its previous day's close of US$1,863 per tonne. However, the downside momentum in the US dollar index seems to have subsided as it neared a strong support. This could indicate at a near-term fluctuating phase for LME aluminium. As shanghai Metals Market finds it, the contract is likely to fluctuate in the range of US$1,880-1,916 per tonne on Friday, March 17, still higher than its current trading brand. As on March 15, LME official cash buyer price of aluminium stands at US$1,894.50 per tonne, cash seller & settlement price is US$1,895...
The Aluminum Association in a press statement said that the association would look forward to work with President Trump and his administration on the review of light-duty vehicle fuel economy and emissions regulations for model years 2022-2025. Aluminium is the second-most used material in modern vehicles today and a key component that can improve vehicle fuel economy safely and affordably. The Association takes interest in the vehicle fuel economy and emissions regulations issues and is keen on playing their part. Commenting on the topic, Heidi Brock, president and CEO of the Aluminum Association said, “Our members continue to see strong growth in the use of aluminum in cars and trucks as our customers increasingly see mass reduction as the best strategy to build the fleet of the...
The prices of major aluminium scrap commodities in India remained largely unchanged on Wednesday, March 15, while aluminium futures edged higher at Multi Commodity Exchange (MCX). The rise in MCX aluminium was in tandem with the uptrend in aluminium prices at the London Metal Exchange (LME) on Wednesday. On the Scrap Register Price Index, a downtrend was noted for India’s major aluminium scrap commodities on Wednesday. Commodities such as aluminium accessories scrap, aluminium cable scrap, aluminium ingots, aluminium rod company, aluminium rod local, aluminium scrap 6063, aluminium scrap taint/tabor, aluminium sheet cutting, aluminium utensil scrap and aluminium wire scrap dropped from their earlier trading bands indicating at mild trading in the domestic market. The most traded March...
Indian Navaratna public sector enterprise National Aluminium Company Limited (NALCO) is eyeing return to profitability from its Aluminium business towards the end of fiscal year 2018-19 after the commencement of coal production at its captive Utkal D coal block. The starting of coal mining is expected to pull down power cost significantly making aluminium smelting more profitable for the company. Power cost alone accounts for 40 per cent of NALCO's overall aluminium production cost. Despite being one of the world's lowest cost producer of alumina (key electrolytic component for aluminium smelting through Hall-Héroult process), NALCO has always found it difficult to contain its cost of production due to escalating power cost. The aluminium major's CoP for hot metal stands somewhere around...
According to the latest annual Asia Pacific M&A report by Herbert Smith Freehills, mining sector including coal and gold could witness a rise in mergers and acquisitions in 2017 and bauxite will see improved activity and investment. Factors like better commodity prices, lower production costs and Australian dollar will drive the growth in M&A. “We anticipate more M&A activity as miners, having achieved significant cost and debt reductions and having improved profitability (and in some cases being net cash), refocus on their growth plans,” the report says. Recently, Indonesian government has changed its mining policy regarding exports of minerals like nickel and bauxite. As part of the move, Indonesia has lifted a three-year ban on exports of nickel ore and bauxite allowing limited export....
According to the General Customs of China, fixed asset investment of the country's non-ferrous metal mining and dressing industry, which includes bauxite mining, fell sharply by 15.4 per cent year-on-year in January-February 2017. The drop at 5.5 billion yuan widened 5.4 percentage points from 2016 whole-year level. Private fixed-asset investment in the non-ferrous metal mining and dressing industry declined 12 per cent YoY to reach 3.5 billion yuan, widening the gap by 5.8 percentage points from the previous year. In the first two months of 2017, total non-ferrous metal output including aluminium output in China totalled 8.92 million tonnes, up 11.7 per cent YoY. Investment in bauxite and other non-ferrous metal ore mining and dressing primarily includes underground and ground...
According to an anonymous media source from Vietnam, Lam Dong Aluminium-Bauxite Complex that has recently published its results has incurred a loss of nearly VND3.7trn ($62m) after three years of operation. An inspection has been carried out at the facility and the conclusion is that it had not been productive and investment costs had increased much higher than estimated. Originally, the investment for the project was VND7.7trn (USD337m) and was expected to be completed in 2009. The complex was expected to produce 600,000 tonnes of alumina per year and increase its output to 1.2 million tonnes by 2015. However, the investment has increased to VND15.4trn (USD805m) and the deadline was pushed further to 2013 and 2014. Since 2014, Vinacomin has completed the main project and started...
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Magaldi, based in Salerno, Italy, which engages in designing and manufacture of market reliable, high quality and environmentally sustainable industrial solutions worldwide, has designed an air-cooling system optimized for aluminium casting, a news report from the company says. The Magaldi Casting Coolers (MCC) cools down the aluminium cylinder heads from 320°C to lower than 80°C. The aluminium cylinder heads are kept onto the MCC belt and enter the cooling tunnel where they are cooled down by forced air. Magaldi has designed the MCC after theoretical studies and experimental tests on real representative aluminium castings. Magaldi has been awarded by Nemak with two MCC. Nemak, the Mexican leading provider of light-weighting solutions for the global automotive industry specializing in the...
The mineral sector of Bosnia and Herzegovina is dominated by the mine output of bauxite, iron ore, and lead-zinc ore while the metallurgy sector produces aluminium and steel. As per USGS 2013 Bosnia Mineral Yearbook data, the gross domestic product (GDP) was $17.8 billion in 2013, while the values of the country’s exports and imports were $5.8 billion and $10.3 billion, respectively. Exports of metal ores were valued at $38.5 million and made up about 48.5% of the total value of mining and quarrying exports. Alumina production and exports, since 2012, have decreased year-on-year. Total alumina output in 2013 stood at 175,961 tonnes, down 13% from 2012. {newsStudioGallery} In 2015, Bosnia Herzegovina exported 211377.84 tonnes of alumina worth US$75.63 million, which declined both volume...
People of Cairo in Egypt are receiving money in exchange of their recyclable material in order to cut down the landfill waste in the city and to clean the street. A price chart for the recyclable item have been written on the kiosks which states that one kilogramme of aluminium cans cost 9 Egyptian pounds ($0.5011). The two Kiosks have been installed in the Cairo neighbourhood of Heliopolis. They are buying aluminium cans, glass, paper and plastic from the residents. The kiosks compress the collected items and again sell it to the factories for reuse. Cairo Governor Atef Abdelhamid said, “The idea is simply to give value to garbage, so instead of throwing it out people can benefit from it and that helps us keep our streets clean." The governor said that the authorities will evaluate the...
Exactly ten years ago, Achenbach Buschhütten as specialists in rolling mill machinery took the strategic decision to expand its range of first-class OPTIMILL rolling mills for non-ferrous metals and supporting process and media systems OPTIPURE by offering also first-class foil slitting machinery. Axel Barten, President & CEO sen. of the traditional, family-owned company, at that time: “Our goal is to provide our rolling mill customers also with innovative and effective foil slitting machinery solving its often very challenging and tailor-made doubling, separating and slitting tasks optimally. In particular we want to remain specialists and at the same time expand our product range in order to provide maximum customer benefit.” In terms of strategy this means that Achenbach aimed to...
In a volte face performed in the face of political opposition, Government of Indonesia has asked local mining companies to show specific proof against smelter development progress if they wanted to sell bauxite and nickel ores to the offshore markets. In January, the erstwhile major South-east Asian mineral ore exporting country lifted partial ban on the export of bauxite and other ores (unprocessed minerals), underlining the parlous state of the economy. The policy amendment was intended to boost smelting capacity by developing value-added domestic mineral processing facilities while reducing Indonesia’s exposure to the global commodity price volatility. However, the logic behind the amendment did not go down well with mining industry leaders. President Joko Widodo Tedy Badrujaman, CEO...
The aluminium alloy wheel usually has better heat conductivity, anti-corrosive properties and is much lighter than the steel wheel making it the best option for passenger vehicles. Aluminium alloy wheels are manufactured using casting and forging process. Less weight on the wheel creates less stress on the tire, and so a balance is created. Aluminium and alloy wheels are largely corrosion-resistant, but prone to galvanic corrosion. They are available in attractive bare-metal finishes because of their anti-corrosive properties which eliminates any need for paint. They also enhance performance by manipulating handling and suspension and add a brilliant appearance to the vehicle. They are homogeneous hybrid casts, and manufactured in many types of alloy wheels, such as forged aluminium, one...
Chassix, a global automotive supplier of precision casting and machining solutions, said that the company proposes to start a greenfield plant in Ostrava, Czech Republic, for casting aluminium chassis and powertrain components for passenger cars. The new facility is the company’s first casting foundry and third plant in Europe. Initially, it will focus mainly on aluminium casting operations and then move on to machining and assembly operations. The Ostrava facility will be built to meet Chassix's world class manufacturing standards. Doug DelGrosso, Chassix chief executive officer, said, "Chassix Ostrava is aligned with Chassix's global strategy of partnering with our customers to provide tailor-made engineering and manufacturing solutions for safety-critical chassis and powertrain...
Aluminium prices on the London Metal Exchange (LME) got a boost from the falling US dollar after Federal Reserve announced interest rate hike at the conclusion of this month’s FOMC meeting on Wednesday, March 15. LME aluminium closed at US$1,863 per tonne after Wednesday's night trading, rising 0.64 per cent from Tuesday's close of US$1,851 per tonne. As per Shanghai Metals Market (SMM) forecast, the contract will trade higher at US$1,876-1,900 per tonne on Thursday, March 16. As on March 15, LME official cash buyer price of aluminium stands at US$1,862 per tonne, cash seller & settlement price is US$1,863 per tonne, 3M buyer price is US$1,875 per tonne, 3M seller price is US$1,875.50 per tonne, Dec1 buyer price is US$1,912 per tonne, and Dec1 seller price is US$1,917 per tonne. The...
Aluminium Developments Group, an aluminium extrusion and component manufacturer, has acquired Aluminium Shapes from private equity firm Pemberton Capital. Aluminium Developments Group chief executive Joe Martoccia and Anglo European Group have taken a significant equity stake in the business. Martoccia said: "Investment from Anglo European Group and the management team, together with funding from AIB (GB), delivers a well-structured, robust platform for success in what is an exciting and dynamic sector.” “Collaboration with Anglo European in the fenestration and road transport markets will provide additional opportunities for growth, building on what is an already diverse customer base.” “Aluminium Shapes is a solid company, with the additional investment and combined expertise of the...
As confirmed by a press release from European Aluminium Foil Association (EAFA), strong performance from European aluminium foil rollers in H2 2016 has lifted deliveries above pre-economic crisis levels for the first time in 10 years. Domestic deliveries recorded 1.5% increase from 2015 and exports performed better than expected, according to the latest statistics by EAFA. Despite flat demand in Q3 2016, October- December quarter returned to solid growth, lifting total production to reach 874,480 tonnes, an increase of 1.5% from last year. The last time it approached this level was in 2006 with a production volume of 865,870 tonnes. Thinner gauges, used mainly for flexible packaging and household foils, ended the full year with 0.5% higher deliveries driven by strong result (+4.0%) in...
