Trimet has reduced direct carbon dioxide (CO2) emissions at its aluminium recycling plant in Gelsenkirchen, Germany, by 25 per cent, saving approximately 4,000 tonnes annually through a transition to hydrogen-rich coke oven gas. The new energy supply system, commissioned on October 29, 2026, will power the site's melting furnaces using industrial gas containing more than 60 per cent hydrogen. The coke oven gas is sourced from ArcelorMittal's coking plant in neighbouring Bottrop and supplied to Trimet through Uniper Energy Sales via the existing gas pipeline network. A new supply line, approximately 700 metres long, was installed to connect the recycling facility at Gelsenkirchen's inland port to the network. According to Trimet, coke oven gas generates lower CO2 emissions during...
Investor sentiment towards aluminium has turned increasingly bearish, but analysts believe the market may be underestimating the metal's underlying strength. Despite growing pessimism, resilient demand and historically low inventories could support higher prices, with analysts forecasting aluminium to reach USD 3,625 per tonne in 2027. Discussions with market participants have pointed to unusually negative sentiment towards the metal. However, analysts argue that the underlying supply-demand fundamentals paint a more constructive picture, challenging the prevailing pessimism surrounding the aluminium market. Their assessment follows Norsk Hydro's third-quarter financial results, which showed stronger earnings compared with the previous year but fell short of market expectations. The...
Grow with
AL Circle
Magnolia based Southern Aluminium, the industry's leading provider of high-end linen-less meeting and event furniture, has announced the promotion of Andrew Hinkle to Vice President of Marketing and Brand Management. Hinkle began his journey with the company as a graphic designer in 2010 and has steadily risen through the ranks, showcasing exceptional dedication and strategic insight. Having assumed the role of Director of Marketing in 2020, Hinkle has been pivotal in shaping Southern Aluminium's brand narrative, both internally and externally. His visionary approach underscores the company's commitment to enhancing its market presence while fostering a cohesive culture within the organization and the community. Andrew Hinkle's promotion to Vice President of Marketing and Brand Management...
The London Metal Exchange is considering licensing a warehouse in Hong Kong to enhance its services for clients in China, the world's largest metals market. At the metal exchange's annual Asia seminar in Hong Kong on June 27, Bonnie Chan, the Chief Executive Officer of Hong Kong Exchanges & Clearing Ltd. (which owns the LME), announced the commissioning of a comprehensive third-party study. This study will thoroughly assess the feasibility of establishing a warehouse in Hong Kong, ensuring that all potential factors are considered in the decision-making process. Hong Kong Exchanges & Clearing Ltd. (HKEX) has enhanced the holding company, providing LME and LME Clear ownership, underscoring the Group's strategic commitment to further developing its commodities business. Since Hong Kong...
On the previous trading day, LME aluminium opened at US$2,506.5 per tonne, reached a high of US$2,519.5 per tonne, a low of US$2,486 per tonne, and closed at US$2,496 per tonne, down US$16.54 per tonne, a decrease of 0.66 per cent. After witnessing fall for the past two days, yesterday (Thursday, June 27) both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$14 per tonne or 0.57 per cent and US$14.5 per tonne or 0.59 per cent to settle at US$2,457.50 per tonne and US$2,458.50 per tonne. 3-month bid price and 3-month offer price added US$10 per tonne or 0.40 per cent and US$8.5 per tonne or 0.34 per cent to clock at US$2,502 per tonne and US$2,502.50 per tonne. As per the LME price graph. December 25 bid price and December 25 offer price ascended by...
A major incident has closed both northbound and southbound lanes of I-165 at the Fairview Drive overpass. According to the Daviess County Emergency Management Agency, a semi-truck lost its load of molten aluminium, spilling the hazardous material across the northbound lanes. Daviess County is a county in Kentucky, USA. The emergency has necessitated an immediate closure of the entire stretch, with authorities predicting the disruption to last 6 to 10 hours. To minimise the impact on motorists, a detour has been established via U.S. 231. Active measures to clear the area are already in motion. Once the aluminium crucibles (containers) are removed, road crews will commence milling the right lane and laying down a temporary base to ensure smooth traffic flow. This work is expected to be...
Therish Rodrigo, CEO of VZO Group, was honoured as the Best Chief Executive Officer (CEO) of the Year at the Asia Miracle Awards 2024. VZO Group Pvt. Ltd., a subsidiary of Hollyca System, an esteemed aluminium engineering company founded in 1993 by Lester Rodrigo, has built a solid reputation for pioneering advancements in aluminium engineering and fabrications. Rodrigo pursued her education in Business Management and Human Resources Management before studying Civil Engineering in Singapore. Under her leadership, VZO Group Pvt. Ltd. has seen significant growth and now owns Sri Lanka's largest ALUMEX fabricating showroom in Nawala. About the company Since its inception, VZO Group Pvt. Ltd. has been committed to offering a diverse range of high-quality aluminium products tailored to meet...
The Jamaica Environment Trust (JET) received a disturbing video early on June 24, 2024, showing the greenish-coloured, polluted waters of the Rio Cobre at Zephyrton, St. Catherine. The Rio Cobre is a river in Jamaica. Its source is Rose Hall Mountain in the northeast of Saint Catherine Parish, and the headwaters are a writhing of unnamed, seasonally dry tributaries. The footage, captured by a member of the Friends of Rio Cobre, was promptly forwarded to the National Environment and Planning Agency (NEPA), the National Fisheries Authority (NFA), Senator Matthew Samuda, Minister without Portfolio in the Ministry of Economic Growth & Job Creation, and members of the media. In swift response, NEPA and NFA dispatched a team to the site to collect water quality samples and assess the situation....
Equispheres, Inc., a leading metal powder producer in Canada, has joined the Materials Consortium established by Dyndrite, Constellium, Elementum3D, and Sandvik. Like the other members of the Consortium, Equispheres brings its unparalleled expertise to the table, committed to developing, testing, and publicly releasing parameter sets for its materials. This includes the NExP-1 line of aluminium powders designed for Laser Beam Powder Bed Fusion (PBF-LB) Additive Manufacturing machines. Image Courtesy - AM magazine "We are thrilled to join the Materials Consortium alongside our industry peers. We believe that a rising tide lifts all boats and are dedicated to collaborating to provide the metal AM community with practical data that will advance the overall expertise in the processes and...
Mexico-based aluminium auto components supplier Nemak has been accredited by the ASI Performance Standard V3 certification for its facilities in García, Nuevo León. This includes Plants 5 & 6, the Prototype Development Centre, and the Melting Centre of Nemak México. Nemak also achieved the same certification for its facilities in Poland, Slovakia, and Brazil in April. Knut Bentin, VP of Administration Americas, said, "We are honoured to be the first company based in Mexico to receive the ASI Performance Standard V3 certification. This prestigious recognition not only highlights our commitment to sustainability but also underscores our dedication to our people, customers, and community. It affirms our efforts to lead in creating a sustainable mobility industry. At Nemak, we are driving...
LB Aluminium Bhd reported a significant increase in its net profit for the fourth quarter ended April 30, 2024 (4QFY2024). The company's net profit rose by 62.67 per cent, reaching RM9.43 million, compared to RM5.8 million in the same period last year. Higher contributions from both the aluminium and property segments drove the impressive performance. Revenue for the quarter saw a robust 48 per cent growth, climbing to RM273.57 million from RM184.83 million in 4QFY2023. This strong financial result underscores LB Aluminium Bhd's strategic execution and market resilience. It also sets a positive outlook for the ongoing fiscal year, instilling hope and confidence in the company's future. Malaysia-headquartered LB Aluminium, grown to be one of the largest aluminium extrusion manufacturers in...
The much-awaited Huatong Aluminium Industrial Park project, initiated by the Angolan authorities, finally started on Saturday, June 22nd. The Angolan authorities gathered in Barra do Dande to kick off the construction of a $1.6 billion aluminium industrial park. The Huatong Aluminium Industrial Park project This event marks a significant milestone and is expected to boost the Angola-China economic cooperation. The project is anticipated to create approximately 12,000 jobs and generate US$3 billion in revenue. The project is planned to be completed in five phases over 8 to 10 years. According to a statement from the provincial government of Bengo, once the industrial chain is fully established, the park will produce a range of aluminium products, including ingots, alloy ingots, tram poles,...
The previous trading day, LME Aluminum opened at US$2,496 per tonne, with a high of US$2,516 per tonne, a low of US$2,482 per tonne, and closed at US$2,511.5 per tonne, up US$14.97 per tonne, an increase of 0.6 per cent. On Wednesday, June 26, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$7.5 per tonne or 0.71 per cent and 0.30 per cent to settle at US$2,443.50 per tonne and US$2,444 per tonne. As per the SMM price graph, 3-month bid price and 3-month offer price lost US$6 per tonne or 0.24 per cent and US$5 per tonne or 0.20 per cent to peg at US$2,492 per tonne and US$2,494 per tonne. December 25 bid price and December 25 offer price moved down by US$2 per tonne or 0.07 per cent to settle at US$2,638 per tonne and US$2,643 per tonne. LME...
In a collective decision, the Parliament of Ghana has approved a mining lease for the Ghana Bauxite Company, granting it the rights to mine bauxite in Awaso, located within the Bibiani Anhwiaso Bekwai Municipality of the Western North Region. This decision came after a comprehensive report was presented by a joint Parliamentary Committee of Mines and Energy and Lands and Forestry on June 26, 2024. The committee's report highlighted the mining lease's strategic importance, emphasising its potential to bolster the nation's economy and create regional job opportunities. The ratification marks a significant step forward in Ghana's efforts to harness its natural resources for sustainable development. The approval of the mining lease has sparked anticipation and optimism among stakeholders in...
Metal Packaging Europe (MPE) has announced the appointment of two new vice presidents following a successful AGM and Conference in Amsterdam. Members, suppliers, customers, and other value chain partners attended the event. Metal Packaging Europe gives Europe’s rigid metal packaging industry a unified voice by bringing together manufacturers, suppliers, and national associations. Dr Mandy Glew of Ball Corporation and JehanZeb Noor of Trivium Packaging have joined as Vice Presidents, bringing extensive expertise to the MPE leadership team. Their addition marks a significant step forward in the organisation's efforts to champion the benefits of rigid metal packaging. The MPE Conference and AGM gathered experts and industry leaders from Europe and beyond to explore the future of rigid metal...
In the Mexican nonferrous metals sector, ARZYZ Metals, a leader in producing aluminium alloys and commercialising primary metals, has launched a new initiative to enhance its services for Mexico's domestic flat-rolled products market by vertically integrating and optimising. This initiative, the first phase of a three-stage plan, has the potential to significantly impact the industry. ARZYZ will produce 80,000 tonnes annually in this initial phase, supplying materials for automotive inner body parts , appliances, HVAC systems, cabinets, and building and construction applications. An official spokesperson said, “We expect to produce the first coil by mid-2026. We aim to lead the Mexican aluminium market through vertical integration into FRP and expand our services to the automotive and...
This week, India's imported aluminium scrap prices have experienced a downward correction. This is primarily due to the impact of the approaching monsoon on market demand, despite the stable LME aluminium prices. The resulting activity slowdown has led to this market shift. The 3-month LME aluminium prices remained steady at $2,500/t, with little change week-over-week. According to BigMint's assessment, tense scrap from the Middle East, particularly the UAE, saw a US$30 per tonne decline, settling at US$1,800 per tonne. Additionally, zorba 95/5 from the UK dropped by $50 per tonne, reaching $2,080 per tonne CFR on the west coast of India. Meanwhile, a few grades like US tense 6-7 per cent and UK taint tabor C/S recorded a drop of up to US$25 per tonne w-o-w moving down to US$1,835 per...
Aluminium Stewardship Initiative announced the joining of Aminco Resources as the new General Supportive member. Established in 1986, Aminco Resources specializes in supplying carbon materials and complementary products like aluminium fluoride and crushed bath to the global primary aluminium industry. Aminco collaborates closely with its customers, offering solutions in logistics, financing, and risk management and providing carbon technology expertise to help reduce raw material costs through improved carbon consumption. The company partners with R&D Carbon Ltd of Switzerland to technically support the production of its carbon products and assist customers in optimizing product consumption. “Aminco is looking forward to working with ASI members in supporting the sustainable development...
The Bowling Green Chamber of Commerce Foundation has expanded its aluminium can recycling program to help fund the BG Boom Festival and Fireworks. BG Boom, the annual Independence Day celebration for the Bowling Green community, will be held on July 3, 2024. The event will feature a festival at the Wood County Fairgrounds from 4 to 9 p.m., culminating in a fireworks display at dusk. About the program The Aluminum Can Recycling Program, initiated in partnership with Bates Recycling several years ago, has consistently raised several thousand dollars for this community event. The seasonal can drive will continue through June 30. Aluminium cans can be recycled at Bates Recycling Centre at 12729 Jerry City Road in Cygnet. When BG BOOM is mentioned, Bates will donate 5 cents to the Chamber...
The development of Indonesia’s aluminium downstream industry holds substantial promise despite the slow progress seen in recent years. A senior government official recently revealed that only one of the eight alumina refinery projects in the government's ambitious pipeline has shown significant progress. This underwhelming advancement highlights the urgent need for strategic intervention to unlock this sector's full potential. The Indonesian government's construction of alumina refineries aims to enhance the added value of domestically mined bauxite minerals. On June 21, 2024, Irwandy Arif, an expert staff member at the Ministry of Energy and Mineral Resources (ESDM), said, "The Minister of Energy and Mineral Resources has ordered direct field supervision for eight alumina refinery...
