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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The Chinese aluminium scrap prices increased marginally on the Scrap Monster Price Index on February 13th, Monday. 6063 Extrusions witnessed a rise of CNY 200 per MT over the previous day. Aluminium Radiators and Transformers prices were up by CNY 100 per MT each. E.C Aluminium Wire prices jumped higher by CNY 200 per MT to touch CNY 13,800 per MT. Old Cast prices increased by CNY 200 per MT. The prices of Old Sheet and Old Cast witnessed rise of CNY 200 per MT each. UBC and Zorba 90% INF prices too were up by CNY 200 per MT each. Meanwhile, Brass Radiator prices witnessed significant increase of CNY 350 per MT when matched with the day before. Red Brass and Yellow Brass prices too were up sharply by CNY 350 per MT each. Stainless steel scrap prices too were up on the Index. 201 SS prices...
Indian aluminium consumption is poised for a big leap in ten years from now. Predicted to reach 8 million tonne (MT) from the current 3.2 MT, driven by sectors like electricity, automobiles, building & construction and packaging, it requires a concerted effort from the industry towards meeting cost and environmental challenges- the bigger challenge being optimization of the use of energy from various sources while ensuring lower greenhouse gas emission for the sake of sustainability. Indian aluminium producers till date have relied largely on thermal power for their smelting operations. The Energy and Resources Institute (TERI) in its recently published report says current installed capacity of power generation and the capacity under construction would be able to meet the country’s power...
USA is the world’s largest aluminium scrap exporter. Being a country with one of the highest GDPs, the country consumes significant amount of aluminium can and other aluminium foil packaging that generates large amount of scrap along with e-scraps. The category ranked No. 154 through December 2016 among the roughly 1,265 export commodity groupings in U.S. as classified by Census. {newsStudioGallery} According to the recent estimate, in 2015, the U.S. exported 1.3 million tons of aluminium scrap globally. The total value of the revenue amounts to about US$ 2.3 billion. Compared to 2015, in 2016, the U.S. is estimated to export an estimated 1.38 million tons of aluminium scrap globally. The total revenue from the export amounts to US$ 2.5 billion for the estimated amount. However, according...
Rio Tinto has awarded a contract valued at $45 million to the Queensland division of civil construction company Fulton Hogan. The company will build a dam supplying water to the world-class Amrun bauxite project in Western Cape York Queensland, Australia. The 10.9 gigalitre dam will be called ‘Arraw’, a name chosen by the Traditional Owners and the local word for Emu. Fulton Hogan will develop the impoundment area, embankment and intake infrastructure for the dam and other critical supporting infrastructure including the spillway, fishway and access corridor. Rio Tinto Growth & Innovation group executive Stephen McIntosh said “As an industry leader Fulton Hogan will bring great expertise to the construction of Arraw dam and create 120 jobs for local workers. “Fulton Hogan is a renowned...
India's leading manufacturer and exporter of aluminium and alumina, National Aluminium Company Limited (NALCO) remains upbeat about its Alumina business for the rest part of the current financial year as well as for the next fiscal. In its recently declared financial results for the 3rd quarter ended December 2016, the company registered production growth in Alumina along with other verticals. Nalco produced 15.27 lakh tonnes of alumina hydrate, against 14,37 lakh tonnes achieved in the corresponding period of the previous year. Alumina sales volume for the quarter reached 3.11 lakh tonnes (3,11,000 tonnes), up seven per cent quarter-on-quarter and realization per tonne from the commodity improved by around US$18 or eight per cent from the previous quarter of the current fiscal. The...
A number of Chinese aluminium companies are facing stern protest by citizens over pollution issues especially in the north-eastern city of Daqing. China Zhongwang Holdings, a Hong Kong-listed company that is being targeted by the protests says its production facilities conform to the highest international environmental standards. The company however says that it has not yet decided on the proposed investment plan in a new plant. According to a press statement, in 2011, Zhongwang and the Daqing government agreed to collaborate on an aluminium plant that would be designed to produce 2 million tons of high precision aluminium and aluminium alloy per year. The proposed USD 6.7 billion plant was expected to create more than 30,000 jobs, according to a statement forwarded by Zhongwang’s media...
LME aluminium has edged higher. The contract rose by 1.36 per cent on Tuesday from the previous day's closing of US$1,867.50 per tonne, to close at US$1,893 per tonne after night trading. However, Shanghai Metals Market (SMM) in its analysis said, the growth in LME aluminium was restrained by the hawkish demand projected in the speech of the US Federal Reserve Chairwoman Yellen. According to their forecast, the lightmetal contract is expected to challenge US$1,900 per tonne and trade at US$1,880-1,905 per tonne on Wednesday, February 15. As on February 14, LME official cash buyer price of aluminium stands at US$1,892 per tonne, cash seller & settlement price is US$1,893 per tonne, 3M buyer price is US$1,900.50 per tonne, 3M seller price is US$1,901 per tonne, Dec1 buyer price is US$1,943...
Ghana is on its way to revive the economy. The country on the West Africa's Gulf of Guniea is considering further unleashing its mineral resource potential to transform the economy through development of industries and job creation. Ghana President, Nana Akufo-Addo said bauxite deposits at Kyebi and Nyinahin will be mined to manufacture machine parts within the country. The government of Ghana, Akufo-Addo further reiterated, is determind to rope in the private sector to set up strategic industries such as manufacturing to help expedite job creation in the country. Commenting on the bauxite project, Akufo-Addo said, "These include, but not limited to, an iron and steel industry, which will exploit the iron ore deposits at Oppon Manso and Sheini, near Tamale, and facilitate the manufacture...
Showa Aluminum Can Corporation (SAC), a subsidiary of Showa Denko Tokyo, will establish its second can production facility in Vietnam in order to expand its business in the country. This new facility would be located in Quang Nam Province of Vietnam. In May 2014, SAC acquired majority of shares in Hanacans, a manufacturer of aluminium beverage cans in Vietnam and made Hanacans its consolidated subsidiary. The acquisition has helped Hanacans boost its sales of beverage cans around Vietnam, mostly in the northern part of the country. SAC has been looking at expanding the production capacity of Hanacans because the operating performance of Hanacans' production lines has been steadily high since 2016. A number of Vietnamese and foreign beverage manufacturers have already decided to establish,...
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India's navaratna public sector undertaking National Aluminium Company Limited (Nalco) today announced its financial results for the third quarter ended 31st December 2016. The company's standalone net profit declined 2.67 per cent to stand at INR143.92 crore (up from INR121 crore in the preceding quarter). Nalco had clocked a net profit of INR147.88 crore in the corresponding period previous year. The total standalone income of the Indian aluminium major, however, logged higher by 14 per cent to total at INR1,988.13 crore in Q4 2016 against INR1,743.09 crore of the same period in 2015-2016 fiscal. The net sales turnover in the 3rd Quarter was INR1848 crore. In third quarter, Nalco has registered EBITDA (before exceptional item) INR361 crore as against INR282 crore in the same period...
Vedanta Limited today announced its unaudited consolidated results for the third quarter (Q3) ended 31 December 2016. The company reported revenues of INR 19,320 crore, up 23% QoQ and up 31% YoY. The company also reports an EBITDA of INR. 6,002 crore, up 29% QoQ and up 83%, YoY. The results show a solid EBITDA margin of 39%, driven by higher commodity prices and aluminium volume ramp-up. Vedanta also reports a free cash flow of INR 1,801 crore, driven by strong operating performance and gross debt reduction of INR 1,828 crore and net debt reduction of INR. 447 crore during the quarter. The company reports a strong financial position with total cash and liquid investments of INR 53,452 crore. The aluminium smelters continue the ramp-up operations and the third line of the 1.25 mtpa...
Austal USA, the American branch of Australian shipbuilding company and defence contractor Austal, proclaimed that the company has christened its new USS Tulsa (LCS 16), the sixteenth aluminium Independence-class trimaran littoral combat ship (LCS). An aluminium trimaran hull combat ship is a 419 foot and worth $3.5 billion. The vessel constructed from aluminium makes it much lighter in weight and more agile. Craig Perciavalle, Austal USA President, said, “We are proud to provide an awesome combat ship to our nation’s incredible sailors. One that will honor the great city of Tulsa as she defends our nation around the globe.” The ships run at a speed of 40 knots, a 28,000 square foot mission bay, and has sufficient space on its flight deck to hold two Sikorsky MH-60R/S Seahawk helicopters....
Jamaica remains largely an under-utilized mineral-rich country. The Caribbean island country which started shipment of the aluminium ore back in 1952 took two decades to become the world's second largest producer of bauxite and the second largest exporter of alumina. In 1970's the country went on to top the list of the largest bauxite producing countries in the world. But since then due to un-sustained mining practices and a host of other macroeconomic factors impacting heavily on the country's mineral sector, Jamaica's production and export of bauxite have come down drastically. The country now stands in the sixth place in the world after Australia, China, Brazil, Guinea, and India, producing 9,800 thousand tonnes of bauxite. {newsStudioGallery} However, in January 2017, Jamaica’s...
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The On-Pack Recycling Label (OPRL) scheme, aims to deliver a simple, consistent and UK-wide recycling message, has changed its guidelines for aluminium foil, plastic pots, tubs and trays to show that the products are now widely recycled by councils at the Kerbside. As per OPRL’s new 2017 strategies, the local people can now easily put more packaging into kerbside recycling collections without seeking help from council .The new aluminium foil and other materials recycling guidelines are set by data from WRAP, RECOUP, ACE-UK and Alupro. The guidelines suggest aluminium foils as well as certain clear and non-black opaque plastic pots, tubs and trays can now be Widely Recycled in home collections. Alupro executive director Rick Hindley said: "As our data showed last year, aluminium foil...
Hindalco Industries reported a standalone net profit of INR 321 crore for Q3 2017. Although, aluminium revenues grew 19%, and alumina production reported an increase due to added output from Utkal Alumina International Ltd (UAIL). The total alumina production (including Utkal Alumina) for Q3 2017 stands at 7,44,000 tons which registers a 5% increase from 7,05,000 tons in Q3FY16 and about 2.5% increase from 726,000 tons in Q2 2017. Utkal Alumina International Ltd produced 3,93,000 tons of alumina in Q3 FY17 compared to 3,64,000 tons in Q3 FY16. UAIL EBITDA during the current quarter stands at INR 140 crore. It is to be noted that Utkal Alumina has been fighting with environmental and worker issues since it started trial production from its 1.5 million tonne alumina refinery in 2013. Now...
GE and Aluminium of Greece (AOG), a Mytilineos Group subsidiary, yesterday signed a 10- year contract in Dubai, the United Arab Emirates to create the world’s first-of-their-kind digital smelter solutions to improve AOG’s aluminium smelting process and help the company to drive additional output and efficiency while reducing raw material consumption, energy consumption, and pot leakages. The digital solutions will be created by GE’s teams in the US and the UAE and the facility that the solutions will be implemented is located in Agios Nikolaos, Viotia, Greece. GE’s digital solutions for aluminium smelting are powered by Predix, GE’s operating system for the Industrial Internet. The digital solutions for smelting process will set a benchmark in the aluminium industry. Dimitris Stefanidis,...
Imports of aluminium ingot, scrap and mill products into the U.S. and Canada stand at 702 million pounds in December 2016, up 70% YOY. Exports Including scrap, which accounted for roughly 50.8% reported aluminium exports in December, stands at 472 million pounds, down 7.3% YOY and excluding scrap the amount stands at 232 million pounds, down 14% YOY. Scrap export remains flat YOY. Total imports in 2016 were 7,956 million pounds, up 34% to over 2015, while exports were down 3.4% to 5,633 million pounds. The Aluminium Association’s “Index of Net New Orders of Aluminum Mill Products” for January increased 12.5% over December 2016. Orders for flat roll products were up 8.6%, extruded products up 29.5% and orders for redraw rod were up 12.1%. Orders increased 6.4% YOY. On average, orders...
LME aluminium is continuing its uptrend. Even as the US dollar firmed up following the successful summit meeting between Japan's Prime Minister Shinzo Abe and Donald Trump the lightmetal traded on LME has shown little signs of decline. The contract after opening lower on Monday, February 13, gained strength and closed at US$1,867.50 per tonne after night trading, up one per cent from the previous closing of US$1,849 on Friday, February 10. Shanghai Metals Market (SMM) in its forecast said, LME aluminium will hover at US$1,860-1,900 per tonne on Tuesday, February 14, with mixed factors. As on February 13, LME official cash buyer price of aluminium stands at US$1,867 per tonne, cash seller & settlement price is US$1,867.50 per tonne, 3M buyer price is US$1,871 per tonne, 3M seller price is...
