China-based China Aluminum International Engineering Co., Ltd. (CHALIECO) has won a bid for an engineering, procurement and construction (EPC) contract valued at approximately USD 833 million for a proposed alumina project in Vietnam, adding to investment activity in the country’s mineral processing sector. The project, being developed by Binh Phuoc Ore Mining and Beneficiation Joint Stock Company, is designed to process 2.4 million tonnes of alumina annually. The proposed contract is valued at around CNY 5.595 billion (USD 839.04 million), with completion expected within 27 months of the contract’s effective date. CHALIECO to oversee turnkey refinery development Under the proposed turnkey arrangement, CHALIECO’s responsibilities will cover the full project delivery process, from...
50 billion in revenue and 20 billion in profit is what Vedanta Group is looking forward to over the next two years, said the Founder & Chairman, Mr Anil Agarwal, during an interactive session organised by the Indian Chamber of Commerce (ICC) at Taj Bengal, Kolkata on October 28, 2026. While he sees India as a powerhouse of metals and minerals, his attention is caught by West Bengal, located in the Eastern part of India. Mr Agarwal believes the future of Bengal looks bright, as the state has a strategic geographical location with major mining states like Jharkhand and Odisha as its neighbours. By directing high hopes for Bengal and praising the double engine government, Agarwal expressed his willingness to invest in the state in sectors like mining, minerals and power. He also met the...
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The share value of a leading mining company, based in India, specialising in the extraction, manufacturing, and trading of minerals and their derivative products, surged by 10 per cent following the signing of a long-term Memorandum of Understanding (MoU) with China Railway. Price hike stance With a market capitalisation of INR 5,075.30 crore (approx. US$618.94 million) as of Monday, shares of Ashapura Minechem Ltd (NSE: ASHM) rose by 10 per cent, reaching a high of INR 571.55 (USD 6.62) per share compared to the previous closing price of INR 519.60 (USD 6.02) per share. The back story Ashapura Minechem Limited, through its overseas subsidiary, has been bound in a long-term Memorandum of Understanding (MoU) with China Railway. The company specialises in the mining, manufacturing, and...
Yunnan Aluminum Co., Ltd. has recently received the "EATNS Carbon Management System Evaluation Certificate" from the Carbon Management System Evaluation Committee of the Shanghai Environmental Energy Exchange. This makes Yunnan Aluminum the first electrolytic aluminium company in the domestic aluminium sector to earn this recognition. The evaluation encompasses eight electrolytic aluminium enterprises and one carbon production enterprise under Yun Aluminum Co., Ltd. This achievement marks a significant breakthrough in carbon management for the company, signaling the beginning of a new era in the green development of the aluminium industry. The system incorporates four key components—carbon emissions, carbon assets, carbon trading, and carbon neutrality—forming an integrated carbon...
At the renowned BAU Expo in Germany, Viva, Asia's leading manufacturer and supplier of aluminium composite panels (ACP), introduced SOLID X—India's first pre-coated, ready-to-install solid aluminium panels. This revolutionary product ushers in a new era of architectural design, blending exceptional strength, versatility, and sustainability to transform modern facades and interiors. Image Source: Viva SOLID X aluminium panels SOLID X aluminium panels are meticulously engineered to offer outstanding performance, establishing new standards in architectural materials. With an A1 fire rating—the highest classification for non-combustible materials—and a weather-resistant PVDF coating, these panels guarantee both enduring beauty and safety. Crafted with parallel flatness to reduce internal...
Alcoa Inespal SL, a subsidiary of Alcoa Corporation, has reportedly entered into a strategic agreement with IGNIS Equity Holdings, SL, the majority shareholder in the IGNIS Group, the Spanish National Government, and the Xunta de Galicia, to continue to support San Ciprián smelter's operations. All the San Ciprián stakeholders have signed a Memorandum of Understanding outlining some strategic plans to address the current issues at the smelter. The plans include: To correspond with San Ciprián's workers to establish joint efforts to stabilise operations once the smelter becomes fully operational by October 1, 2025. To streamline renewable energy projects and deploy policies for achieving competitive energy costs To reduce CO2 emissions from operations To support residue storage area (RSA)...
The European aluminium industry needs swift action to keep the region competitive in the wake of high energy prices, expensive raw materials and increased global competition, Paul Voss, director general of industry body European Aluminium, told S&P Global Commodity Insights in an interview at the aluminium trade fair in Dusseldorf on October 8, 2024. "There is a need for a serious shift to competitiveness for the European aluminium industry; we won't sit and wait for someone to solve our problems; we must engage," Voss said. According to International Aluminium Institute (IAI) data, the European aluminium industry has steadily declined across the past decade, with Western and Central European primary aluminium production deflating 25.5 per cent from 2010 (production during this year was...
Alupro has unveiled an engaging new initiative aimed at raising consumer awareness about best practices for recycling aluminium packaging. Launched on January 6 and running through March, the digital campaign features a series of creative, eye-catching videos shared across TikTok, Instagram, and Facebook. Image Source: RECYCLE ALUMINIUM (Alupro) Presented in a dynamic roving reporter format, the campaign showcases playful competitions where children and adults face off to test their knowledge about what happens to packaging after it's sorted for recycling. The videos challenge the general public's recycling knowledge, uncover a few amusing home truths, and call on industry experts to clarify misconceptions. Following the success of a similar campaign by Alupro in 2023—which reportedly...
RBC Capital Markets, a global investment bank providing banking, finance, and capital markets services, has reduced its ratings for the Norwegian aluminium and renewable energy company Norsk Hydro ASA from "outperform" to "sector perform". The revision in investment outlook follows Norsk Hydro's share decline by 3.2 per cent on Tuesday, November 21, indicating a probability of the company's bearish performance amid shifting market conditions. Image Source: Norsk Hydro The anticipated aluminium price fall in the near future due to increased production, backed by alumina supply ease and new capacities commissioning in India and Indonesia, is likely to weigh on Hydro's revenue. According to RBC's projection, aluminium prices, which have risen by over 5 per cent year-to-date, will decline by...
Lufthansa Group has announced the deployment of 40 brand-new Boeing 737-8 MAX aircraft to its value carrier, Eurowings. The gradual integration of these advanced short- and medium-haul jets will position Eurowings as one of the operators with the youngest fleets in European aviation. Image Source: Business Traveller About Boeing 737-8 MAX The Boeing 737-8 MAX incorporates aluminium in its construction. This aircraft is built using high-strength alloys, including aluminium and titanium, engineered to endure extreme conditions. Equipped with cutting-edge, fuel-efficient engines, these next-generation aircraft will significantly lower fuel consumption and noise emissions. The first delivery of the Boeing 737-8 MAX is set for 2027, with all 40 aircraft expected to join the fleet by 2032....
Waldner North America (WNA) has partnered with coffee brand Cambio Roasters to introduce the first aluminium coffee pods for Keurig brewers, also known as K-cups. Led by Kevin Hartley, the former Chief Innovation Officer at Keurig Green Mountain, Cambio Roasters utilises Waldner's specially designed filling and sealing equipment to package the fragile aluminium cups. Image Source:Cambio Roasters Launch of K-cups in North America The launch of aluminium K-cups in North America represents a major step forward in sustainability. Hartley points out that 40 million plastic coffee pods are discarded in landfills and oceans every day. In contrast, aluminium can be recycled endlessly, with over 60 per cent of all aluminium ever produced still in use. "We are thrilled to collaborate with Cambio...
Until October 2024, the United States imported 1.03 million tonnes of aluminium plates, sheets and bars versus 842,000 tonnes a year ago. That reflected an annual hike of 22.37 per cent, driven by back-to-back significant import volumes from April to July 2024, ranging between 106,000 and 120,000 tonnes. From August onwards, imports decreased below 100,000 tonnes, averaging around 93,000 to 96,000 tonnes. According to the United States Geological Survey, imports of aluminium plates, sheets, and bars increased month-on-month, though they remained below the levels observed in the second quarter of 2024. In October 2024, the United States aluminium plates, sheets and bars imports stood at 96,200 tonnes versus 94,100 tonnes in September and 77,600 tonnes in October 2023, marking M-o-M...
Hindalco Industries, the metals flagship of the Aditya Birla Group, has launched EV bulkers at its Aditya Aluminium plant in Odisha to deliver one million tonnes of fly ash to the local cement industry over the next five years. In addition, the company has set up two EV recharge stations near the fly ash loading area, advancing its efforts in green transportation and sustainable operations. Image Source: Hindalco Mr Kailash Pandey, Head of Sambalpur Cluster, Hindalco Industries Ltd., said, “By adopting greener transportation options for supplying waste materials to be used as raw material in another industry, we are taking a step closer to realising our vision to achieve zero-waste alumina production across our operations. Each step we take towards sustainability helps reduce our...
China's aluminium production continued to increase in December 2024, backed by newer production capacity and increased operating rate like the last month. According to the data recently published by the National Bureau of Statistics, China's aluminium output in the final month of 2024 rose month-on-month as well as year-on-year by 1.62 per cent and 4.2 per cent, respectively. Image Source: Made-in-China China's aluminium output in December stood the highest in the final quarter of 2024, at 3.77 million tonnes, with daily production averaging 121,612 tonnes. Although the monthly output in December stood higher than 3.71 million tonnes in November , the daily production decreased by 1.66 per cent M-o-M from 123,667 tonnes to 121,612 tonnes. China's total aluminium production in the fourth...
Dnipro Aluminium Plant (Dnipro), a producer of aluminium profiles, plans to allocate 64.93 per cent of its 2023 net profit, equivalent to UAH 10 million, as dividends. Shareholders are expected to receive dividends at a rate of UAH 6,440 per ordinary registered share, with a nominal value of UAH 1,846.1 per share. Image Source-Vecteezy This proposal is included in the agenda for the extraordinary general meeting of shareholders, scheduled for February 4, as announced via the National Securities and Stock Market Commission (NSSMC) system. The proposed dividend payment period spans from February 21 to August 4, 2025. The company also plans to retain the remaining UAH 5.402 million of net profit (35.07 per cent) as undistributed earnings. About the agenda The agenda also includes a proposal...
PyroGenesis Inc. (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY) a tech-advancement company delving into designs, development, manufacturing and commercialisation of advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG) and address environmental pollutants, has declared the receipt of a US$1.28 million (CA$1.85 million) fund which is part of a substantial amount receivable under PyroGenesis’ existing CA$25+ million Drosrite™ contract with Radian Oil and Gas Services Company. Image Source: Wikipedia “The payment announced today is made in accordance with a payment schedule that has been revised over time to better align with options to the pressures with the end-clients operating cash flows created by, amongst other things, increased business...
Press Metal Aluminium Holdings Bhd’s (KL: PMETAL), a leading aluminium smelting and extrusion facility based in Malaysia, has its fourth quarterly earnings expected to come in a range of RM 375 million (USD 83.25 million) to RM 400 million (USD 88.8 million), according to Hong Leong Investment Bank (HLIB). Image Source: https://www.pressmetal.com/ The research house has mentioned that heightened earnings are potentially going to be driven by yet another record-high contribution from its partner PT Bintan, which is driven by higher realised alumina prices. HLIB has also shared that while Press Metal is going through some margin compression in its midstream operations, the impact will be partially mitigated by its associate’s assistance. “Although aluminium prices had risen 8 per cent...
Aluminium Stewardship Initiative (ASI) announced that Dätwyler Schweiz AG has bagged the ASI Performance Standard V3 (2022) Provisional Certification for producing aluminium capsules. The company produces capsules for the food and beverage sector at its Schattdorf, Switzerland, facility. Image Source: ASI website This Provisional Certification is valid for one year, allowing the company to resolve identified non-conformances and pursue full Certification. Bureau Veritas Certification conducted the independent third-party audit of Dätwyler Schweiz AG. Food companies often seek customized packaging solutions that uphold the highest standards while ensuring efficiency, reliability, and scalability. Renowned for its expertise in material forming for the Food & Beverage industry, Dätwyler...
Norwegian TSO Statnett is set to trial aluminium pylons as a more sustainable and safer alternative to traditional steel pylons. Pylons, also known as electricity transmission and distribution towers, serve as the structural supports for high-voltage electrical cables, enabling electricity transmission from generation sites like power stations or wind farms to distribution networks that supply homes and businesses. Image Source: Statnett Hydro to supply recycled aluminium The development of aluminium pylons is part of Statnett’s technology plan, which focuses on advancing sustainable alternatives and enhancing the safety of its technical solutions. A key criterion for awarding the pylon contract was minimising climate impact, leading to the use of recycled aluminium. Norsk Hydro will...
Bauxite mining rights across two blocks in Kasaragod are set to be auctioned soon. The State government is finalising the auction process for bauxite deposits in the Narala block, covering an area of 1.5 square kilometres in Mulleria and a 2.8 square kilometres area in the Ukkinadka block located in the villages of Badiyadukka and Enmakaje in Manjeswaram taluk. Both government agencies and private entities will be eligible to bid for the mining rights. Additionally, the State government is actively considering a proposal to explore minerals from the platinum group. The decision to auction bauxite mining rights was taken after studies conducted by the Geological Survey of India (GSI) confirmed the presence of commercially exploitable mineral deposits. Bauxite, a naturally occurring...
