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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UK based JCF Engineering has designed a new aluminium case attached with a key ring for the Raspberry Pi Zero phones for damage protection and easy portability. The CNC machined sleek aluminium case is designed with precision with a number of finishes including bare aluminium, black and red. JCF Engineering gives details about the design and construction of the Raspberry Pi Zero aluminium case in a statement. The company says that they have designed and developed an aluminium keychain case for the Pi Zero, machined from 6082T6 grade aluminium billets. The case comes with all parts required to complete the assembly. “JCF Engineering is a company I started nine years ago. We are a small precision engineering business that provides machining services for high tech engineering clients. We...
Emirates Global Aluminium (EGA) has placed an order for the supply of an additional batch homogenizing furnace for the heat treatment of billets with Hertwich Engineering, a company of the SMS group. Including this new unit, which will go into operation at the end of 2017, a total of five batch furnaces of this type will be operating at EGA’s Jebel Ali plant and two at EGA’s Al Taweelah smelter. Emirates Global Aluminium is one of the largest industrial companies in the United Arab Emirates outside oil and gas. Its production makes the UAE the world’s fourth largest aluminum producing nation. EGA has smelters in both Jebel Ali in Dubai and Al Taweelah in Abu Dhabi. Batch homogenizing plant and cooling station, schematic view The cooperation between EGA in Jebel Ali and Hertwich goes back...
Metalcorp Group B.V., one of the leading manufacturers of secondary aluminium ingots in Europe, posted impressive growth across all consolidated earnings figures for the fiscal year ended 31 December 2016. The company's profit margin remains constant in back-to-back transactions requiring no stock-keeping as it keeps adhering to its risk-averse business model. Metalcorp, headquartered in Amsterdam, Netherlands, specializes in the global physical trade of steel and non-ferrous metals such as aluminium. Along with its subsidiary BAGR Berliner Aluminiumwerk GmbH it produces high-quality aluminium cast blocks based on secondary aluminium for the European market. Based on an increased business volume, Metalcorp’s EBITDA improved significantly by 20.8 per cent from EUR 16.3 million to EUR 19.7...
UC RUSAL, the leading global integrated aluminium producer, announces its operating results for the fourth quarter 2016 and full year 2016 registering bullish progress in all three business segments: bauxite, alumina and aluminium. In Q4 2016, Rusal’s total bauxite output totaled 2,841 thousand tons which shows a drop of 11.5% from last quarter production of 3,211 thousand tons. The drop is attributed to reduced bauxite output at the Timan mine which has a capacity of 3.2 million tons per year. In the next quarter the output at the facility is expected to come back to normal capacity. For the full year 2016, bauxite output totalled 12,187 thousand tons registering a 0.6% increase YOY from 12,112 thousand tons in 2015. Nepheline ore output increased 7.8% Y0Y to 4,432 thousand tons.
The US dollar index after rallying for almost a week now suffered its worst decline on Thursday, February 16, lifting LME aluminium price up by 0.37 per cent. The contract which stood at US$1,871 per tonne on Wednesday down from Tuesday's US$1,893 per tonne, closed higher at US$1,878 per tonne after Thursday's night trading. Shanghai Metals Market (SMM) in its forecast says LME aluminium will hover at US$1,890-1,916 per tonne on Friday, February 17. As on February 16, LME official cash buyer price of aluminium stands at US$1,877 per tonne, cash seller & settlement price is US$1,878 per tonne, 3M buyer price is US$1,891.50 per tonne, 3M seller price is US$1,892 per tonne, Dec1 buyer price is US$1,935 per tonne, and Dec1 seller price is US$1,940 per tonne. The current LME official Opening...
The North American Aluminum scrap prices remained unchanged on ScrapMonster Price Index as on February 15th, Wednesday. 1100 Scrap prices remained flat over the day. The prices of 3003 Scrap too were flat at $0.64 per Lb. The prices of 356 Aluminum Wheels and 6063 Extrusions/Fe too were unchanged. The prices of 6063 Extrusions held steady over the day. Meantime, prices of 5052 Scrap and 6061 Extrusions remained flat at $0.61 per Lb and $0.59 per Lb respectively. The prices of Al/Cu Radiators and Al/Cu Radiators/Fe remained flat. Aluminum Radiators and Aluminum Radiators/Fe prices held steady. Aluminum Transformers and Breakage 50% Recovery prices remained unchanged on 15th February, 2017. Chrome Wheels and E.C Aluminum Wire prices remained flat over the day. Litho Sheets and MLC Clips...
National Aluminium Company Limited (Nalco) owned Panchpatmali Bauxite Mines in Odisha has been accredited with the 5-Star Rating by the India Ministry of Mines in a stringent evaluation process conducted up by IBM. The honour along with the certificate of excellence was handed over to Nalco's chief managing director Dr. Tapan Kumar Chand by he Union Minister of Power, Coal, New & Renewable Energy and Mines Shri Piyush Goyal during the 2nd National Conclave on Mines and Mineral held yesterday at Delhi. The event was graced by the Secretary, Ministry of Mines, Shri Balvinder Kumar. The award acknowledges the Indian aluminium major's continuous effort to remain sustainable in its everyday business practices through implementation of the Sustainable Development Framework (SDF). The framework...
The Aluminium Closures – Turn 360° campaign, which promotes the advantages of aluminium closures for winemakers, will again host a daily competition at ProWein, the leading trade fair for wine professionals, in Düsseldorf 19-21 March. The campaign team can be found in the dedicated “Packaging & Design” sector adjacent to the ProWein Forum, Hall 13, Stand F16. The daily on-stand competition to find the ‘Turn 360° Champion 2017’ is designed with a fun focus on the convenience that aluminium closures bring. It challenges visitors to demonstrate their fastest opening & closing times! The competition takes place daily, on the hour, from 12pm with the last opportunity to participate at 6pm. Each contestant will be asked to open, re-close and turn five bottles of wine upside down as fast as they...
UC RUSAL, the leading global aluminium producer, announces its operating results for the fourth quarter 2016 and full year 2016. As reported in the result, Rusal produced 930 thousand tons of aluminium in Q4 2016, registering a 1.0% growth quarter on quarter. Smelters utilization remained on average at a high of 95% and 94% of the total aluminium output was contributed by Rusal’s Siberian smelters. Aluminium production for the full year 2016 totalled at 3.68 million tons, up 1.1% YoY. The total aluminium sales volume for Q4 2016 stands at 922 thousand tons registering a 6.0% drop QoQ. Out of that, Value Added Product sales contributed 405 thousand tons. Aluminium sales dynamics are dependent on the previous period high base effect and seasonal increase of goods in transit. For the full...
UC RUSAL, the leading global aluminium producer, has announced its operating results for the fourth quarter 2016 and full year 2016. As reported in the results, in 4Q16, total alumina production increased 4.0% from last quarter to stand at a total of 1,939 thousand tonnes. Russian operations accounted for 34% of the total alumina output. The Nikolaev refinery has reported a 12.3% growth in production from last quarter attributed to the capacity upgrade last year. The rest of the Company’s alumina assets performance was largely in line with the production plan. For the full year 2016, alumina output totalled 7.52 million tons registering a growth of 1.7% YoY. The production increase was driven by the Russian refineries namely Urals and Bogoslovsk and also by the Ukrainian Nikolaev...
Brazil ranks third in the list of the world's top bauxite producing countries. With bauxite reserves totalling 2,600,000 tonnes (2.6 billion tonnes), the country accounts for 9.28 per cent of the global total reserve of 28 billion tonnes, as estimated by The United States Geological Survey in January 2016. {newsStudioGallery} Brazil's bauxite exports have been on a rising trajectory over the last three years. In 2015, the South American country exported 9.22 million tonnes of the aluminium ore which surged 13.77 per cent to total 10.49 million tonnes in 2016. In 2017, till October, Brazil is estimated to export around 9.5 million tonnes of bauxite, up 10.46 per cent from the corresponding period previous year. Revenue earned by Brazil from its export of bauxite has declined in 2016. In...
India's major aluminium scrap commodities prices stayed stable on Tuesday, while aluminium futures prices at Multi Commodity Exchange settled slightly higher mainly due the renewed concerns about potential closures of Chinese smelters to cut pollution. The major aluminium scrap commodities on the Scrap Register Price Index remained flat on Tuesday. India's major aluminium scrap commodities like 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 showed a flat trend on Tuesday. The most active February aluminium contract on Multi Commodity Exchange edged up by 0.68 percent to INR 125.90 per kilogram on...
Ardagh Group, a Luxembourg-based producer of glass and metal packaging products will invest in its Rugby manufacturing plant in the UK in order to convert its beverage can production capabilities from steel to aluminium. It is noteworthy that the Rugby plant was first established as a two-line aluminium plant in 1989, and converted to steel in 1996. Its current re-conversion emphasises the fact that demand for aluminium beverage cans is slowly taking away the market of steel cans due to its finer quality, lightweight and infinite recyclability. According to the manufacturer the conversion move would help to strengthen its customer relationship with some of the most well-established beverage brands in the world. The conversion project will commence in the fourth quarter of 2017 and is...
Nokia, the once undisputed king of the global mobile handset market is planning to bring back its classic model Nokia 3310 in a brand new aluminium-body avatar. An update representing a distinctly turn of the millennium flavour, Nokia 6 will be unveiled at the Mobile World Congress (MWC) to be held in Barcelona from February 27-March 2, 2017. The news of the Finnish company planning a launch of its new handset with the same name- Nokia 3310- has stirred up a lot of nostalgia among today’s mobile phone users who once have had a humble start with the sturdy model back in 2000. It is this nostalgia that HMD Global Oy is looking to cash on. The new Nokia 3310, just like its much loved predecessor, is reportedly going to be a feature phone focusing on the absolute basics. With sturdy yet...
A recent report from ReportLinker has projected that the automotive aluminium market would grow at a CAGR of 8.8% from 2016 to 2026, in terms of value. Aluminium is slowly substituting steel as a preferred material for automotive manufacturers, due to a number of performance benefits like its excellent strength and weight ratio, environmental benefits, fuel efficiency, and durability. The high manufacturing cost of aluminium for the automotive industry in comparison to steel is one factor that can be a hurdle in the growth of the automotive aluminium market during the period. According to the report, the powertrain application segment of automotive aluminium took the largest share of the automotive aluminum market in 2016. This segment is projected to grow at the highest CAGR during 2016...
LME aluminium eased out after Wednesday's night trading shedding some earlier gains and closing at US$1,871 per tonne, down 1.16 per cent from the previous closing at US$1,893 per tonne on Tuesday. With the U.S. dollar index trading higher ahead of data, the dip was only but a natural outcome. However, Shanghai Metals Market (SMM) believes the contract will refresh new highs through the trading hours on Thursday, February 16 and will trade at US$1,905-1,935 per tonne. As on February 15, LME official cash buyer price of aluminium stands at US$1,870.5 per tonne, cash seller & settlement price is US$1,871 per tonne, 3M buyer price is US$1,884 per tonne, 3M seller price is US$1,884.5 per tonne, Dec1 buyer price is US$1,928 per tonne, and Dec1 seller price is US$1,933 per tonne. The current...
Arconic Inc. today announced that it has monetized more than 60 percent of the 36,311,767 shares it retained in Alcoa Corporation. The sale of 23,353,000 Alcoa Corporation shares will result in approximately $890 million in proceeds. The proceeds bolster the Company’s cash balance, which provides financial flexibility to pay down debt and/or pursue share repurchases, based on a relative-return assessment. The timing and structure of the transaction considered minimizing risk and transaction costs. Arconic has carryforward tax attributes in the U.S. that are available to offset U.S. taxable income and will utilize existing tax attributes to the extent possible. At the separation of Alcoa Inc., Arconic chose to retain a 19.9 percent stake in Alcoa Corporation. The Company indicated it would...
Indian Space Research Organization (ISRO) has opened up a new era in the history of space exploration today with the successful launch of a record 104 satellites in a single mission through its Polar Satellite Launch Vehicle (PSLV). The vehicle was shot up at 9.28am with 104 satellites from the first launch pad at Satish Dhawan Space Centre in Sriharikota. The rocket started placing the satellites into orbit after 17 minutes of its launch and finished it by 11 minutes. Out of the total 104 satellites, 101 satellites belonged to six foreign countries including 96 from the US and one each from Israel, the UAE, the Netherlands, Switzerland and Kazakhstan. The Cartosat- 2 series, INS-1A and INS-1B are the indigenously built earth observation satellite by ISRO. Till now, the highest record of...
