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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Global Industrial Resources (GIR), a leading trading company supplying various technical products to Aluminium, Cement, Steel, Petrochemical and downstream industries, is set to offer its variety of exclusive aluminium products for exhibition at the Gulf Industry Fair (GIF) 2017 in Bahrain on February 7. Ali Najjar, vice chairman and managing director of GIR, said that GIF’s platform helps to promote Bahrain’s industrial capabilities on a global scale. This effort will help GIR in promoting the company’s repute as a regional supplier of aluminium products. He said, “We will be using GIF’s platform to promote our exclusive range of aluminium based products developed for aluminium pot lines, aluminium cast house and carbon plants.” The GIR Group leads three subsidiary companies that have...
Spain is home to Europe's largest machinery scrapyard. Some of the industry's biggest aluminium scrap dealers and recyclers also have their facilities located here in the Iberian Peninsula country. According to a recent report, secondary metal production in Spain will grow at an estimated CAGR of 4 per cent over 2013-2018, fuelled by stricter environmental policies and growing demand for the metal. The annual turnover, however, will witness a negative growth of 2 per cent over the forecast period, weighed down by lower domestic as well as global demand. The import of aluminium scrap by Spain clearly shows a year-on-year decline since 2015. {newsStudioGallery} Spain imported a total volume of 205525.20 tonnes of aluminium scrap in 2015, which came down by 7.63 per cent to total at...
Altech Chemicals Limited has provided an update on the due diligence activities associated with the financing of its proposed high purity alumina (HPA) project. The various independent reviews and associated confirmatory pilot plant test work are now well advanced and nearing completion. Altech has been working exclusively with German KfW IPEX-Bank on project finance structuring. The Company is currently targeting US$70 million of project debt; the majority of which is aimed to be subject to German export credit cover (ECA), typically offered at attractive interest rates and terms; the remainder is expected to be available on normal commercial loan terms. On 10 August 2016 the appointment of due diligence consultants by Altech and KfW IPEX-Bank was announced. The consultants are engaged...
Africa Finance Corporation (AFC) has announced that they would invest US$205m in Alufer Mining Limited for the development of Guinea-Conakry’s high grade bauxite reserves. Chief Investment Officer of AFC, Oliver Andrews announced during an event that they would continue with their investment in bauxite mining sector considering the growth in global aluminium demand. AFC is the sole private sector African investor in the Bel Air Mine, which is a world class mine that sticks to the best environmental practises. “We are encouraged to see that Alufer has been working with the local community to develop sustainable projects which assist in the provision of drinking water, as well as development of local infrastructure and job creation”, he stated. “AFC is developing African economies that have...
Piyush Goyal, Power, Coal and Mines Minister of India said at an industry event on Friday, February 3, that the government is considering taking measures on imposing of anti-dumping duties or minimum import price to combat rising imports of downstream aluminium products in India. The government may take measures in order to protect the interests of domestic aluminium industry. According to Goyal, "Aluminium industry has faced a lot of stress in the last one year. I believe aluminium has huge potential in India. Our neighbouring countries are giving 13 per cent subsidy to downstream aluminium products and helping them to dump those in India." "I have had conversation with the aluminium industry. I found the imports of downstream products in India have gone up, which impacts both the...
The U.S. dollar index has been gaining in strength over the past week. On Friday, February 3, it surrendered its gain but that could do little to buoy aluminium prices up. LME aluminium dropped further to close at US$1,808.50 per tonne after Friday's night trading, down 0.24 per cent from previous day's closing at US$1,813 per tonne. The contract is expected to range between US$1,850 per tonne on Monday. As on February 3, LME official cash buyer price of aluminium stands at US$1,808 per tonne, cash seller & settlement price is US$1,808.5 per tonne, 3M buyer price is US$1,815 per tonne, 3M seller price is US$1,815.5 per tonne, Dec1 buyer price is US$1,858 per tonne, and Dec1 seller price is US$1,863 per tonne. The current LME official Opening Stock of aluminium is estimated at 2263025...
Aluminium premiums in the U.S. market are logging an upward trend. They picked up last month in tandem with the rising aluminium prices and are now hovering at US$0.09 per pound. The recent surge in the metal imports is found to be supporting the premiums hike, says MetalMiner in the recent analysis. For aluminium buyers in the U.S. market, the "all-in aluminium price" can be factored in two components: the aluminium price and the regional aluminium premiums. The latter part is basically a surcharge that consumers have to pay in addition to the prevailing market prices in order to expedite delivery of the metal stock from warehouses. Source: MetalMiner IndX LME aluminium prices have risen from their lows in 2015 and 2016 to a moderately high of US$1,8 70 per tonne- the highest in January,...
Aluminium has been widely used in creating light, durable frames and structures for solar panels as it offers heat bearing capability, corrosion resistant and weather-resistant advantages to solar panel architectures. The malleability of aluminium allows the manufacturers to give shapes as per customer’s requirement. Aluminium is used for photovoltaic (PV) solar application because it saves installation cost and is much lighter and does not compromise on the strength quotient. We are trying to analyse some of the top players in PV Aluminium Frame market around the world covering United States, EU, China, and Japan with some information on the company profiles, product details, capacity, PV Aluminium Frame production etc. Here is a list of top five PV Aluminium Frames Manufacturers of...
A lustrous, dynamic anodized aluminium and LED light installation titled Solaris adorns the gateway to luxury-fashion purveyor Moncler’s flagship store at Madison Avenue on Manhattan’s Upper East Side. Designed by Paris-based Bardula Studio and the French interior design firm Gilles & Boissier, this installation draws passer-by with its lustrous golden lights reflected on gold anodized aluminium. Bardula, a Belgian artist with gold- and silversmith training, creates dynamic artworks made from mostly metal, mirrors, and LEDs in collaboration with her architect husband. Earlier, Gilles had worked with the studio in 2015 to create a series of light-infused volumetric sculptures for New York’s Baccarat Hotel. The couple team used a spherical form as a starting point for the project. “We...
Production growth in aluminium semis and rolled products in China have spurred growth in a number of allied industries in Asia. SK Innovation, an energy, chemicals, telecommunications company, from South Korea announced on Thursday February 2 that it will acquire Dow Chemical Co's ethylene acrylic acid (EAA) business for $370 million. This is a part of its expansion programme for its high value-added chemical products range. Ethylene acrylic acid is mainly used as an adhesive for wrapping products such as aluminium foil and is on high demand due to growing production of aluminium foil in South Korea and China. In the beginning of 2017, SK Innovation announced that the company intends to invest up to $2.5 billion in chemicals, oil exploration and battery businesses to enhance growth. The...
Strategic Marine, a leading specialist shipbuilding, fabrication and engineering companies, and Abu Dhabi Ship Building PJSC (ADSB), a renowned provider of construction, repair and refit services for naval, military and commercial vessels, signed a Memorandum of Understanding (MoU) to develop the Middle East’s growing market of aluminium vessels. ADSB's corporate commercial director Mr. Mohamed S. Al Ghas noted: "We know Strategic's solid reputation for the manufacturing of high-performance ships will help to deliver top-of-the-line aluminium vessels to an already demanding market in our region." The MoU for creating tenders for a range of aluminium vessels aimed at attracting regional buyers. The aluminium vessels will be built at ADSB ship yard in Abu Dhabi. Strategic Marine’s executive...
The delegation of the European Union circulated a communication to the delegation of China, the delegation of the United States and to the Chairperson of the Dispute Settlement Body officially requesting to join the WTO consultation launched by the US on Chinese subsidies to producers of primary aluminium. As noted by the EU, “the request for consultations relates to subsidies provided by China to its producers of primary aluminium. The EU is a major global exporter of aluminium and aluminium products. Between 2013 and 2016, the EU has exported worldwide more than 11 million tonnes of aluminium and aluminium products, valued at approximately 40 billion Euros. The subsidies provided by China to its primary aluminium producers may have a substantial impact on the price of primary aluminium...
According to Rambler News Service with reference to representatives of the Russian Aluminium Association, Russian pressing plants are going to manufacture aluminium profiles for hot houses replacing imported aluminium profiles production on the Russian market. Chairman of the Russian Aluminium Association, Valentine Trischenko said that Russian companies currently produce only 45 hectares of 150 of hot-house compounds in Russia. The development of the hot house compounds sector will drive the plant’s capacity and the annual consumption of aluminium will increase to 12,000 tons. The Associations agreed to ask for the government support for domestic producers. Domestic production will decrease the cost of metal structures for hot-house compounds. The Russian Aluminium Association was...
South Korea is one of the leading aluminium scrap importer in the world. The country imports aluminium scrap and recycles them for making aluminium alloys. As reported in the latest edition of Non-Ferrous Metals World Mirror by Bureau of International Recycling (BIR), the country’s import of aluminium scrap from Japan surged 56% to 55,000 tons in 2016. {newsStudioGallery} In the year 2014, South Korea imported 8,01,336 tons of aluminium scrap . The cost of import was USD 1.3 billion for the same amount. In the year 2015, the amount increased to 8,67,334 tons and the cost of import stood at USD 3.3 billion . In the year 2016, South Korea is estimated to import 9,45,093 tons of aluminium scrap and the cost of import is estimated to stand at USD 5 billion . We see a consistent rise in...
Emirates Global Aluminium (EGA), one of the world’s leading primary aluminium producers, announced on Thursday, February 2, that the company had completed preliminary work on bauxite mining project in Guinea. EGA already has spent US$1 billion in the development of a bauxite mine. Yousuf Bastaki, EGA’s executive vice president upstream, said, “This early milestone shows good progress in our Guinea project, which will boost Guinea’s economy, create value for EGA, and secure the supply of natural resources that we need.” Jan de Nul, a Belgian marine contractor that also worked on the construction of the Palm Jumeirah in Dubai, completed a site infill and elevation of 50 hectares of land at Kamsar for the development of rail infrastructure and export facilities for the bauxite mining...
Arconic has reported its fourth quarter and full year 2016 results. This is Arconic’s first independent quarter reporting earnings following the separation of Alcoa Corporation and Arconic. Commenting on the results, Klaus Kleinfeld, Arconic Chairman and CEO said, “In the fourth quarter we completed the successful separation of Alcoa Inc., which has unlocked substantial value for all shareholders. ..We also strengthened our balance sheet, paid down $750 million of debt and ended the year with a strong cash balance of $1.9 billion.” Kleinfeld continued with his outlook for 2017, “In 2017 we are squarely focused on operational improvements, margin expansion, and capital efficiency to drive shareholder returns. We will continue to cut cost through productivity and corporate overhead...
The U.S. dollar index failed to gain any significant ground after its continuous fall. The LME aluminium contract dipped by 0.27 per cent to close at US$1,813 per tonne after Thursday's night trading. As seen by Shanghai Metals Market, LME aluminium price will test the 10-day moving average on Friday and will move at USD 1,820-1,840/mt.,February 03, Friday. As on February 02, LME official cash buyer price of aluminium stands at US$ 1812.5 per tonne, cash seller & settlement price is US$ 1813 per tonne, 3M buyer price is US$ 1821 per tonne, 3M seller price is US$ 1821.5, Dec1 buyer price is US$1,862 per tonne, and Dec1 seller price is US$1,867 per tonne. The current LME official Opening Stock of aluminium is estimated at 2269900 tonnes, total Live Warrants is 1644975 tonnes, and Cancelled...
Range Rover is set to launch a coupe SUV called Velar and the car is designed to slot between the company’s Evoque and Range Rover Sport models. The Range Rover Velar is expected to be launch at the Geneva Motor Show in March 2017. Image Courtesy Autocar The Velar model is likely to sit on Land Rover’s aluminium-intensive architecture. The new model is a rival to the BMW X6 and Porsche Macan. JLR is likely to use new Plug-in hybrid version in the Velar. The five-seat Velar is based on JLR’S aluminium-intensive IQ platform. The Velar is powered by JLR’S Ingenium four-cylinder diesel and petrol engines. The velar comes with 5.0-litre supercharged V8 petrol engine. The new SUV-coupe will be built alongside the Range Rover Sport and Jaguar F-Pace in the ultra-modern aluminium body and...
