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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Aluminium prices in India kept falling for the second consecutive day with the contract closing at INR 117.35 per kg in futures on Wednesday, down 0.17 per cent from the previous day. The traders in the domestic market engaged themselves in reducing their positions as demand shrank in the spot market. At Mumbai's Multi Commodity Exchange, price of aluminium for December delivery declined by 0.17 per cent to stand at INR 117.35 per kg in business turnover of 153 lots. Likewise, aluminium for January 2017 delivery was down by 0.13 per cent to stand at INR 117 per kg in business turnover of 17 lots. Analysts keeping an eye on commodity trading in India market said, trimming of positions by participants due to subdued demand from the end user sectors at the domestic spot markets was mainly...
ALE that offers variety of cranes to suit projects, both large and small, has launched its latest innovation in the series of the Lightweight Service Crane. The company has designed this crane concerning space availability where lifting on projects causes difficulty due to lack of space. This crane is one of the first small cranes of lightweight series with lifting structures for offshore and construction operation. It is made of an all-aluminium body which can lift 6 tonnes to a 12 metre radius. According to Richard Verhoeff , sales manager of ALE, It can be assembled by hand as it is designed out of modular parts. Each part of it can be accessed in an elevator. The ring and winches carry 90 kg weight while other components have a weight of 25 kgs, fit for carrying with hands. ALE’s...
On a positive update on the bauxite mining situation in Malaysia, Natural Resources and Environment Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar has expressed content on the progress of cleanliness operations in Kuantan mining sites before the expiry date of the bauxite-mining ban on Dec 31 during a press conference in Kuantan yesterday. Junaidi said that the environment looks healthier and more beautiful nearly after a year of mining ban in the area by the Ministry on Jan 15. According to him, Kuantan Port had shipped out all stocks of legally-mined bauxite before the imposition of the moratorium on Jan 15. The port had spent RM30 million to ensure the shipment takes place with all environmental regulations. He however has not confirmed whether the existing moratorium would expire on...
The global demand for automotive part die casting market which includes aluminium die casting parts is slated to reach US$11.86 billion (approx.) in 2021, growing at a CAGR of above 7.8% during 2016 and 2021, shows data published in a recent report by Zion Research. The market was valued at around US$7.54 billion in 2015. According to the report, increasing demand for lightweight automobiles along with rapidly growing automotive industry is mainly responsible for the growth of the automotive part die casting market globally. In addition, energy saving trend, favourable government initiative, and industry regulations, various initiative by EPA to raise the mile per gallons standards from 35.5 miles per gallon (mpg) till 2016 and 54.5 mpg by 2025 have also opened up alluring opportunities...
China's oversupply of aluminium led to a global glut with prices plummeting to their lowest in 2016. There have been several incidents of affected primary producers from all over the globe coming forward and voicing their concern against the rising shipment volumes of aluminium in every form from China to the overseas market. Notwithstanding the objections and allegations, China kept offshoring its aluminium as output in the country kept rising barring a few capacity cuts. The silver lining, however, amid all these market doldrums was a steady demand for aluminium which came from the ever expanding end user sectors. The demand was initially buoyant for both primary as well as recycled aluminium, reported European Aluminium at the 2016 Aluminium trade fair in Düsseldorf, Germany, but in a...
A source from NFC, China's Nonferrous Metal Industry's Foreign Engineering and Construction Company (NFC) , has reported to media that company plans to transfer its latest technologies for the production of aluminium ingot to Iran. According to a statement given by deputy head of NFC Qin Junman to an Iran Daily News, based on china’s recent progress in the mining sector, the company plans to transfer its latest technology on aluminium smelters to Iran. In view of Junman, Iranian smelters can reduce energy consumption to its lowest by using this latest ingot smelting technology. He further commented that NFC would cooperate with Iranian companies on extraction of gold, copper, lead and zinc in the near future. The official source from NFC also pointed out that the company will further...
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The downward slide in LME aluminium came to a halt on Tuesday's night trading as the contract closed at US$1722 per tonne showing limited strength at 0.29 per cent higher closing price than the previous day. The market stabilized as aluminium met resistance from the moving averages. According to Shanghai Metals Market forecast, the commodity will likely diverge widely on Wednesday, December 21. As on December 20, LME Official CASH Buyer price of aluminium stands at US$1722 per tonne, CASH Seller & Settlement price is US$1722.5 per tonne, 3M Buyer price of aluminium is US$1715 per tonne, 3M Seller price is US$1715.5 per tonne, DEC1 Buyer price is US$1727 per tonne and DEC1 Seller price is US$1732 per tonne. LME official Opening Stock of the metal stands at 2112275 tonnes, total Live...
2016 has been a reasonably good year for alumina. The commodity, unlike other components in the entire cyclical asset basket, witnessed a sustained demand push all through, thanks to a global deficit market and prices kept rising supported by supply concerns arising mainly out of China. There were mergers and acquisitions, investments and divestures, closures and starting of new ventures as is common in almost every sector across industries. Now, that we gear up to begin a new year it’s time we take a look back at the events and phenomena that made headlines in the alumina industry in the last one year: Market Ups & Downs: 1. According to the latest report provided by Altech Chemicals, the global market for high purity alumina (HPA) is forecast to reach 86,831 tons by 2024 from the...
Dajcor Aluminum Ltd. a leading Canadian supplier of extruded, fabricated/machined and anodized aluminium components, received multi-million dollar federal investment on Monday at the Dajcor facility. The government announced the company will receive $2.48 million in FedDev Ontario funding in order to increase production and employment opportunities. Peter Fragiskatos, MP for London North Centre toured Dajcor Aluminum with company’s president Mike Kilby on Monday. Fragiskatos commented: “I was blown away, They’re doing everything under one roof – it’s one of the reasons they were recognized certainly by the Chatham-Kent chamber of commerce but especially with the Government of Canada.” The company provides aluminium components for many sectors including automotive, light rail transit, and...
Alcoa Corporation, the world’s largest bauxite miner, today announced that Alcoa World Alumina and Chemicals (AWAC) has secured its first major third-party contract to supply approximately 400,000 bone dry metric tons (bdmt) of bauxite from its Huntly mine in Western Australia (WA), furthering Alcoa’s strategy to grow its third-party bauxite business. “This Western Australian contract comes just months after our first trial bauxite shipment from WA to China in mid-2016, which successfully introduced our WA product to the global market,” said Garret Dixon, President of Alcoa Bauxite, who is based in Perth. The WA State Government has also granted approval for Alcoa to export up to 2.5 million metric tons per annum of bauxite for five years to third-party customers. ”Bauxite exports have...
Dales Fabrications of Crompton Industrial makes bespoke aluminium products, including fascia, soffits and rainwater systems that enhance the appearance of a variety of buildings. The company recently has come up with the latest project which is technically in demand. Dales has produced curved aluminium solar shading units for digital advertising screens above Piccadilly Underpass between Hyde Park Corner and Knightsbridge, London. These panels allow motorists to see the advertising in bright sunlight in a similar way like in low daylight or night. Managing director Karl Prosser said: “This is the first time we have designed and produced curved extruded aluminium profiles to this extent – covering an area 15 by 13 metres. “I see the work regularly when I go to London and I’m immensely...
According to the Product Complexity Index (PCI), aluminium foil is the 275th most traded product and the 281st most complex product. Due to its versatility and multiple uses, aluminium foil turns out to become one of the most consumed aluminium products across the world. Since, aluminium foils are mostly used in packaging applications, developed economies are the top consumers of foil. The top importers of aluminium foils are Germany ($1.09B), the United States ($1.02B), France ($560M), the United Kingdom ($527M) and Italy ($481M). {newsStudioGallery} As shown by figures released by EAFA, the European Aluminium Foil Association, increasing competition from aluminium foil producers outside Europe continues to put pressure on sales from European suppliers. We are analysing the last three...
Following a sharp fall in the first week of December, the aluminium futures contract on the Multi Commodity Exchange (MCX) found support at around INR115 per kg and started the move sideways. Last couple of weeks, the contract has been moving sideways in a narrow range. On Friday, the contract fell 1.3 per cent, encountering a key resistance at INR118.5. With this fall, the contract has retained its sideways movement in the band between INR115 and INR118.5. Experiencing selling pressure, the contract continued to decline and fell 0.6 per cent to trade at INR116.3 on Monday. A decisive downward breakthrough of the sideways range will reinforce the short-term downtrend and drag the contract down to INR113 in the coming weeks. Further slump below INR113 can pull the contract down to INR110...
Metals and mining giant Vedanta is planning to revisit its cost structure keeping it optimally below $1,400 per tonne in the wake of lower costs of alumina and coal. The aluminium producer said its estimated aluminium-making cost for the September quarter stood at $1,473 per tonne, while its overall cost of production declined to $1,462 per tonne. The shrinkage in aluminium-making cost was attributed by Vedanta to the lowering alumina and coal costs. Vedanta is also going to be benefitted from using cheaper electricity from its own sources. The state-owned power regulator Odisha Electricity Regulatory Commission gave the aluminium producer permission to draw up to 1,800 Mw of power from its 2,400 Mw power station at Bhurkamunda, located strategically close to its smelting facility,...
South Coast British Columbia Transportation Authority (TransLink) signed a $C 93m ($US 69.5m) contract with Bombardier for 28 Mark III light metro cars for Vancouver’s SkyTrain- an automated light metro network with aluminium body, on December 16. The first few aluminium trains are expected to enter service by early 2019 and will be added to TransLink’s existing fleet of 314 rapid transit trains, which will allow for more frequent service along the Expo and Millennium Lines. The purchase is part of TransLink’s recently-passed $2 billion Phase One transit plan, with the Canadian federal government paying for half the cost, the province of British Columbia providing 33 per cent and TransLink and municipalities kicking in the rest. In December 2012, TransLink ordered seven Mark III trains to...
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LME aluminium is back to where it was a fortnight back plummeting at US$1,717 per tonne on Monday, December 19. The contract slid with rising positions and tested the 60-day moving average. Shanghai Metals Market says, LME aluminium will move at the range of US$1,700-1,720 per tonne on Tuesday, December 20. As on December 19, LME official CASH Buyer price of aluminium stands at US$1716.5 per tonne, CASH Seller & Settlement price is US$1717 per tonne, 3M Buyer price is US$1711 per tonne, and 3M Seller price is US$1712 per tonne. LME official Opening Stock of aluminium is estimated at 2117500 tonnes, total Live Warrants is 1448125 tonnes, and Cancelled Warrant is 664150 tonne. The global metal exchange and LME Clear announced yesterday their 2017 fee schedules, reported Scrap Monster....
The London Metal Exchange (LME) and LME Clear today announced their 2017 fee schedules. Trading and clearing fees will remain unchanged, including the continuation of fee discounts for short-dated carries and position transfer caps as announced in August 2016. In addition, LME Clear will reduce fees for key services introduced in 2015 and the LME will introduce a waiver for the base metals usage licence fee for physical market participants. LME Clear will implement a fee reduction for its warrants as collateral and compression services. “Following discussions with our membership and in line with the recent rebalancing of Exchange fees that took effect on 1 September, LME Clear is pleased to announce this significant reduction in charges for its trade compression and warrants as collateral...
According to Aluminum Association report, U.S. received a total of 53.3 million pounds of new can stock (class) scraps during November 2016. The records a slight increase from over 53.1 million pounds in November 2015. Month wise, class scrap receipts in November saw a minor rise over a total of 53.1 million pounds in October 2016. Class scrap receipts from January to October 2016 totalled 631.5 million pounds, which recorded a slight increase over the 2015 YTD total of 627.1 million pounds.
