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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Hindalco Industries, the Aditya Birla flagship company reported a net income of INR 320.56 crore in Q3 2017 against a loss of INR 32.49 crore YOY, driven by strong operational performance and recovery in aluminium prices. Revenue during the quarter grew by 13.8% to INR 9,914.8 crore compared with INR 8,715.9 crore YOY, driven by increase in average realisation for both copper and aluminium, higher aluminium volumes, supported by weak rupee. Operating profit increased 75.5% to INR 1,185 crore and margin expanded by 420 basis points to 11.9 % compared with year-ago quarter, majorly aided by aluminium business and lower power & fuel cost that dropped 13.2% to INR 1,429.5 crore. Other income, which also boosted bottom-line, increased 20% YOY to INR 220 crore while tax expenses for the quarter...
India is all set to join the league of CAFE (corporate average fuel efficiency) countries from April 1 and take the first constructive step towards making its cars fuel-efficient as per global standards. Once adopted, the norms will mandate all car makers and OEM manufacturers in the country to make their products 30 per cent or more fuel efficient from 2022 and 10 per cent or more between 2017 and 2021. The move aimed at reducing the carbon footprint of the automobile industry is expected to boost consumption of aluminium and its alloys in the domestic automotive industry as it is known to possess a number of lightweighting and energy-saving properties. Aluminium, apart from being lightweight, strong, and durable, helps in saving the equivalent of 108 million barrels of crude oil in...
Alstom, a French company operating worldwide in rail transport markets, has revealed the first series of aluminium bodied production train units for Riyadh Metro. Alstom metro train are 100 per cent motorised that allows them to run on track with slope gradients. The project worth $6.4bn is awarded to Fast consortium and its construction package covers 64.5km of track and 29 stations. Alstom’s share of contract represents more than $1.3bn. Alstom has presented metro trainsets to Arriyadh Development Authority (ADA) when the representatives made a visit to see the second completed train off the production line in Poland. On January 2017, first train unit was shipped to Saudi Arabia via the port. Alstom is providing 69 Metropolis automated aluminium two-car trainsets, each 36 metre-long....
Researchers at the Technical University of Freiberg in Germany are endeavouring to develop aluminium ion batteries replacing lithium ion technology. German researchers have also been trying to develop a cathode that will work with the aluminium ion battery. The R2RBattery project at the Technical University of Freiberg has studied that aluminium meets the criteria for use in batteries. Ample amount of aluminium is available and it has been found to be of high energy density. Tilmann Leisegang, project manager professor, said, “It is the most frequent metal in the earth crust, it is easy to be produced and to recycle. In contrast to lithium it does not catch fire in contact with the air which translates into much higher safety. In addition, it is easier to process.” He further stated that...
Iran is slowly venturing into the aluminium industries as overseas investors are showing interest in investing in building aluminium plants in the country because of the low energy cost. According to a report, currently, six countries including Malaysia, Singapore, South Korea, Italy and Germany have shown readiness to invest in Iran’s downstream aluminium sector. As quoted by Norallah Hassanzadeh, head of Khuzestan Industry, Mine and Trade Organization, Iran has a production capacity of 26 million tonnes of aluminium. He also expressed his intension of building an industrial township on 3000 hectares of land in east of Khuzestan. The township will accommodate petrochemical and aluminium plants for the development of the downstream sector. According to Deputy Governor General of Khuzestan...
Aluminium Bahrain B.S.C (Alba) presents its financial results as per the International Financial Reporting Standards (IFRS) accounting rules. Alba’s Financial Results for Full-Year 2016 are summarised below: Alba Q4 Highlights • Alba posted 2016 Q4 Net Income of US$ 37 million compared to a Q4 2015 Net Loss of (US$ 42 million) • Alba 2016 Full Year Net Income reached US$ 129 million • Record breaking-year with production surging to 971,420 metric tonnes • 2016 another year of exceptional Safety Performance 2016 Industry Highlights • Demand growth for aluminium remains healthy with world consumption at 59.6 million metric tonnes (mt) and up by 5% YoY . Asian demand rose by 7% YoY supported by consumption in China ( +5% YoY ). MENA demand continues to be strong (+6% YoY), driven by Saudi...
Aluminium imports account for more than 40% of annual domestic consumption of four million tonnes. It includes both primary (ingots, billets and wire rods) and downstream aluminium products (tubes, wires and cables). Wires form a large portion of the total aluminium product import by India as 48% of aluminium consumption in India is in the electrical sector. {newsStudioGallery} In the year 2015, imports of aluminium wire by India stood at about 25,040 tons. The volume increased to 29,601 tons in 2016. Based on the trend of last two years, the aluminium wire import is forecasted to increase to about 36,275 tons for the first eleven months of 2017. The constant rise in import is driven by growing domestic aluminium consumption to manufacture value added aluminium products in the country to...
Alumina d.o.o Zvornik, the key alumina producer and the biggest exporter of mineral-based detergents in Bosnia, said that it has signed a deal with the local state-controlled brown coal mine Banovici. Under the deal, the latter will supply 160,000 tonnes of coal worth some 16 million marka ($8.7 million/8.2 million euro) to be used for Alumina's production in 2017. Alumina is engaged in the production of a wide variety of hydrates, not to mention alumina, the prime component in the electrolyte used for aluminium smelting through the Hall-Héroult process. Alumina is produced by refining and further processing the bauxite ore. Other products of the firm include zeolites and sodium silicates. Alumina and Banovici have been working in close cooperation since last five years. The key end user...
DADA Holdings LLC has announced the appointment of their team of chief officers for the Noranda Bauxite and Noranda Alumina, affiliated companies in the bauxite mining and alumina-refining industries in the United States and Jamaica. New Day Aluminium LLC, an affiliate of DADA Holdings LLC, acquired the Gramercy, Louisiana and bauxite mining operation in St Ann for US$24.4 million in November last year. The deal has resulted in more than 800 jobs being saved in Jamaica. According to a joint release yesterday, their new team of chief officers includes David D’Addario who is chairman and chief executive officer of both companies, Thomas Robb who is the chief operating officer of both companies as well as Monte Schaefer and Robert Ericson who are the chief financial officer and chief legal...
The upward momentum in LME aluminium stands intact even in this week. The light metal was last traded at US$1,848 per tonne during Friday's night trading, up 0.54 per cent from the previous day's closing of US$1,839 per tonne. Shanghai Metals Market (SMM) in its forecast says LME aluminium will test the previous highest level and trade at US$1,865-1,885 per tonne on Monday, February 13. As on February 10, LME official cash buyer price of aluminium stands at US$1,848 per tonne, cash seller & settlement price is US$1,849 per tonne, 3M buyer price is US$1,857.5 per tonne, 3M seller price is US$1,858 per tonne, Dec1 buyer price is US$1,905 per tonne, and Dec1 seller price is US$1,910 per tonne. The current LME official Opening Stock of aluminium is estimated at 2231300 tonnes, total Live...
An Indian manufacturing company is planning to invest about USD 50 million to build a facility in South Carolina that will create over one hundred new jobs. This will be the first American unit of Sundaram-Clayton Limited (SCL) spread across 50 acres of land in the Ridgeville Industrial Campus in South Carolina. According to a company release, the plant will manufacture aluminium high-pressure die-cast products and permanent mould gravity cast parts for its customers. The construction of the plant is expected to start from April and the first production is expected to start by the end of next year. "Today, we're proud to welcome Sundaram-Clayton Limited to the South Carolina business community. It's a privilege to welcome any company that has decided to do business here, but the 130 jobs...
Production at Australia’s Tomago aluminium smelter has been temporally halted by AGL Energy in order to cut down electricity load as the people of New South Wales have been notified of severe state blackouts across the state. AGL Energy said that the company would curtail electricity consumption at the Tomago Aluminium Smelter to minimize pressure on the power grid. On Friday, NSW residents were asked to reduce electricity consumption due to heat wave. This could avoid mass blackouts in the state. The Tomago aluminium smelter in Newcastle accounts for 10 per cent of the state's electricity consumption. AGL Energy has sent curtailment notice to the aluminium smelter prior to shut down of the plant. An AGL spokeswoman said. "The commercial agreement … exists to give flexibility to AGL to...
TVS Group promoted India's largest auto component manufacturer Wheels India Limited has posted net profits at INR13.21 crore for the third quarter ended December 31, 2016, up 120.9 per cent from INR5.98 crore of the corresponding period last year. The company with a robust portfolio featuring forged aluminium wheel rims amongst other products made it to the record margins mainly due to improved operating performance on the back of strong revenue growth. Wheels India's topline grew by 14 per cent from INR470 crore to total at INR537 crore in the quarter under review. For the initial nine months of 2016, the company's net profit stood at INR40.9 crore, up 77.6 per cent from INR23.02 crore in the same period of 2015. Revenues took a leap from INR1480 crore in 2015 to total at INR1,616 crore...
AlCircle brings the top news from the End User vertical of aluminium covering transport, construction, electricals, and others that you may have missed by in the last week. Here is the quick round-up of the prominent news that you may be of interest to you. 1. NY City to experience first Citywide Ferry service, thanks to aluminium’s enduring role This year, the Citywide Ferry will provide 19 new aluminium vessels to travel between waterfront communities throughout New York City. A total of six routes and 21 landings designed will connect New Yorkers and visitors to the City’s waterfront communities. 2. Rolls-Royce unveils its last production Phantom VII using aluminium space frame The British luxury car maker Rolls-Royce unveiled the last production of its Phantom VII with the extensive...
LME aluminium has been on an uptrend for better part of the week (February 6 - February 10, 2017) as dollar was weaker before Trump-Abe meeting. The U.S. currency hit 10-day high on Friday. While the market has to wait till start of trading hours on Monday next week, it is time we take a look back at how the week has been for the lightmetal traded on LME. LME aluminium price stood at US$1,812 per tonne on Monday, February 6, from where it gradually took off to close at US$1,839 per tonne after Thursday's night trading. The weekly rise in price was registered at 1.49 per cent rate. With dollar regaining strength towards end of the week, it is almost likely that the metal will move at a tight trading range. LME official cash buyer price of aluminium rose from US$1,811 per tonne on Monday,...
The past week saw two of the biggest aluminium producers of the world- Norsk Hydro and Rio Tinto announcing their financial results for the fourth quarter and full-year period of 2016 ending December 31. While Hydro’s EBITDA for fourth quarter of the last fiscal rose to NOK 1,829 million (up 23.8% quarter-on-quarter), and Rio posted record annual production across all its verticals in the Aluminium group. Rio Tinto produced a total volume of 3,646,000 tonnes (3.64 million tonnes) of aluminium in 2016, up 10 per cent from the previous year. Hydro’s primary aluminium production in the Q4 totalled 526 kilo tonnes and for the full year stood at 2.085 million tonnes up from 2.046 tonnes in 2015. Underlying EBIT for primary metal declined somewhat in Q4, but was largely offset by higher...
Due to its versatility, ease of use and easy recyclability, aluminium foil turns out to become one of the most consumed aluminium products across the world. According to the Product Complexity Index (PCI), aluminium foil is the 275th most traded product in the world and the 281st most complex product. Aluminium foil can provide complete insulation to light, oxygen, moisture and bacteria making it the perfect product to be used in food and medicine packaging. Other applications of aluminium foil include beverage, confectionary, personal care, health care and other industrial uses. Since, aluminium foils are mostly used in packaging applications, developed economies are the top consumers of foil. The global aluminium foil packaging market is expected to see high growth over coming years....
The global demand for alumina, the prime raw material for aluminium is growing like never before with faster growth in aluminium production. Recently Alcoa, during its earnings announcement said that it expects a 4 per cent growth in global aluminium demand in 2017. The world will continue to see strong demand growth for alumina particularly in China and the Middle East countries. It opens up new trading opportunities for the alumina producing countries around the world and especially for the net exporters of alumina. Australia is a substantial producer of alumina, accounting for over 20% of world production. The major players in the Alumina Production industry are vertically integrated, with Alcoa, Rio Tinto, and South32 all having interests in the upstream Bauxite Mining and downstream...
