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...
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The Chinalco Institute of Materials signed a product development contract with a Beijing Aerospace research institute. This partnership focuses on creating an aluminium alloy component for a new energy-special vehicle. The project marks the first collaboration between Chinalco Institute of Materials and an aerospace organisation in the field of lightweight components. About the project Reports indicate that the new energy special vehicle component, a result of the collaboration, harnesses the cutting-edge technology of high-strength and corrosion-resistant aluminium alloy materials from the Chinalco Institute of Materials. The structural design has been optimised, significantly enhancing the product's rigidity and strength, thereby ensuring safety and reliability even under the most...
India exported aluminium to Russia for the first time in April, as reported by RIA Novosti, a Russian state-owned domestic news agency. This marked a significant development in international trade. This landmark transaction took place, with India exporting tonnes of unprocessed aluminium to Russian companies, as reported by RIA Novosti. This marks the first recorded supply of aluminium from India to Russia since at least the beginning of 2009, as no earlier data is available in the public domain. The move is particularly notable given Russia's status as the world's second-largest exporter of aluminium, with exports valued at $6.5 billion in 2023. In an interview with RIA Novosti, independent industry expert Leonid Khazanov suggested that the substantial supply of aluminium from India to...
The leading European aluminium rolling and recycling company, Speira, has unveiled plans to invest €40 million in expanding its recycling capabilities at the Rheinwerk facility. This strategic investment aims to bolster the site's transformation efforts, with a projected annual reduction of up to 1.5 million tonnes of CO 2 emissions. The company has long been committed to driving sustainable practices and reducing its carbon footprint. With the direction clearly defined, Speira's investment marks a crucial step in the ongoing transformation of the Rheinwerk site, positioning it as a leading hub for environmentally responsible recycling operations. Boris Kurth, Head of the can business at Speira and the recycling and foundry operations at the Rheinwerk, stated, "We want to become the...
The previous trading day, LME aluminium opened at US$2,500 per tonne, reached a high of US$2,513 per tonne, a low of US$2,491 per tonne, and closed at US$2,497 per tonne, down US$6 per tonne, a decrease of 0.24 per cent. On Tuesday, June 25, both LME aluminium cash bid price and LME aluminium official settlement price moved down by US$3 per tonne or 0.12 per cent to settle at US$2,451 per tonne and US$2,451.50 per tonne. 3-month bid price and 3-month offer price dipped by US$7 per tonne or 0.27 per cent to dock at US$2,498 per tonne and US$2,499 per tonne. LME aluminium opening stock came in at 1044325 tonnes. Live warrants and Cancelled warrants settled at 466500 tonnes and 577825 tonnes. December 25 bid price and December 25 offer price descended by US$10 per tonne or 0.37 per cent to...
On June 24, 2024, India-based Craftsman Automation Limited announced signing a Memorandum of Understanding (MoU) with Sunbeam Lightweighting Solutions Private Limited and Kedaara Capital Fund II LLP. This MoU revealed in a recent stock exchange filing, outlines Craftsman Automation's plan to acquire all or part of Sunbeam's business, excluding certain assets in Gurugram, a city in Northern India. Craftsman Automation manufactures aluminium casting products & powertrain components in the automotive & industrial engineering sectors, from raw casting to ready-for-assembly. The potential acquisition, set to unfold in multiple stages, is a strategic expansion for Craftsman Automation. By incorporating Sunbeam Lightweighting Solutions, Craftsman aims to strengthen its technological capabilities...
Hindalco, a flagship company of the Aditya Birla Group, hosted a workshop titled "Manufacturing Opportunities for MSMEs in the Downstream Aluminium Industry" on Tuesday at the Utkal Chamber of Commerce and Industry Ltd. (UCCIL) conference hall. Organised in collaboration with the Confederation of Indian Industry (CII) and UCCIL, the workshop highlighted Odisha's emerging status as a global hub for aluminium manufacturing. "MSMEs require the security of raw materials, technological support, operational efficiency, financial backing, and effective marketing to complete the value chain. The large aluminium downstream industries can provide these critical elements, enabling MSMEs to thrive," stated Hindalco advisor Bibhu Mishra About the workshop In his inaugural address, Shashi Sekhar...
Desktop Metal, a prominent figure in Additive Manufacturing 2.0 technologies for mass production, announced its plan to showcase aluminium lighting components created through binder jet 3D printing. These components, designed by BEGA, a distinguished German-based company renowned for its premium architectural lighting solutions for outdoor and indoor applications, were manufactured using the X25Pro mid-sized production binder jet printing system with Al6061 powder. About the aluminium lighting component After delivering industry-first results for binder jetting aluminium on the InnoventX in 2021, Desktop Metal has significantly advanced production-scale binder jetting for aluminium. In collaboration with companies such as BEGA, Desktop Metal has established a repeatable process for...
The first national litter survey by Irish Business Against Litter (IBAL) since the government's introduction of a deposit return scheme has shown a decrease in aluminium cans and plastic bottles on Irish streets, leading to an overall improvement in litter levels. There has been an almost 30 per cent reduction in aluminium can-related litter compared to the previous survey. Although plastic bottles are now less common than in any past survey, they remain Ireland's third most prevalent form of litter. “Our study paints a much better picture than a few years ago, with levels of cleanliness definitely rising. Once again, no town was judged to be either a ‘litter blackspot’ or ‘heavily littered’ – that’s real progress, progress that has been hard earned in our cities.” Overall, the number of...
On June 24, 2024, KPS Capital Partners, LP announced an agreement for its portfolio firm, Eviosys, to be acquired by Sonoco Products Company, a leading global entity in sustainable packaging headquartered in Hartsville, South Carolina. The acquisition is valued at €3.615 billion (approximately $3.9 billion), with Sonoco having the option to pay up to $200 million of the total in its stock, contingent on specific conditions. The transaction will conclude by the end of 2024, pending necessary works council consultations, regulatory approvals, and customary closing conditions. Eviosys stands at the forefront of metal packaging worldwide, specialising in food cans, ends, aerosol cans, aluminium cans, metal closures, and promotional packaging. Serving numerous consumer brands, Eviosys boasts...
Hupfer, in its commitment to foster sustainability and a circular economy, has innovatively introduced a 'buy back guarantee' programme for aluminium and stainless steel shelving. This unique initiative allows Hupfer to repurchase eligible products at the end of their lifespan, with the scrap value being deducted from the cost of replacement products, offering our customers a cost-effective and eco-friendly solution. "Either way, our customers can claim back the scrap metal cost of the Hupfer product, safe in the knowledge that it will be reused or recycled. We all need to do what we can to support a greener future. Stainless steel and aluminium are 100% recyclable and retain their natural properties no matter how many times they are recycled," stated Marc Sumner. This initiative...
Nestor Nestor Diculescu Kingston Petersen (NNDKP) played a pivotal role in the recent acquisition of Alu Menziken Group by Inner Mongolia Mengtai Group Co., Ltd. The Chinese conglomerate purchased Alu Menziken Group from Montana Aerospace AG. NNDKP provided expert legal counsel within the Romanian jurisdiction, ensuring compliance and smooth transaction processes. The acquisition was a collaborative effort coordinated by the German law firm HEUKING, which served as the lead counsel. HEUKING effectively managed local counsel across Switzerland, Austria, and Romania to facilitate this cross-border transaction. Alu Menziken is a well-established manufacturer of lightweight aluminium components, offering solutions for e-battery systems, structural elements, high-quality aluminium profiles ,...
The previous trading day, LME aluminium opened at US$2,510.5 per tonne, hit a high of US$2,531 per tonne and a low of US$2,495.5 per tonne, and closed at US$2,497.5 per tonne, down US$16 per tonne, a decrease of 0.64 per cent. On Monday, June 24, both LME aluminium cash bid price and LME aluminium official settlement price went up by US$2 per tonne or 0.08 per cent to clock at US$2,454 per tonne and US$2,454.50 per tonne. 3-month bid price and 3-month offer price also added US$2 per tonne or 0.07 per cent to settle at US$2,505 per tonne and US$2,506 per tonne. As per the LME data, both December 25 bid price and December 25 offer price inched up by US$3 per tonne or 0.11 per cent to clock at US$2,650 per tonne and US$2,655 per tonne. LME aluminium opening stock came in at 1049825 tonnes....
Aluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, announced a historical milestone. The company reached an impressive safety milestone on June 22 by completing 20 million working hours without a Lost Time Injury (LTI). This accomplishment highlights Alba's steadfast commitment to ensuring the safety and well-being of its employees. Alba's commitment to safety extends far beyond simply achieving impressive numbers. This milestone reflects a deep-rooted safety culture in every facet of our operations. This culture prioritizes risk mitigation, ongoing training, and fostering a collaborative environment where safety is everyone's responsibility. We are confident that the unwavering commitment of our entire team – employees and contractors alike – will continue to...
Established in 2011, Zhengzhou Silverstone has earned the title of reputable trading company specializing in semi-finished aluminium products. With years of experience, they have developed significant expertise in sourcing from leading rolling mills in China and partnering with local metal centres. This strategic approach allows them to provide their valued international customers with competitive pricing, consistent quality, and outstanding after-sales service. AL Biz has successfully onboarded the company to its list of 2100+ sellers. Zhengzhou Silverstone’s diverse range of products serves multiple industries, including decoration, packaging, transportation, construction, and electronic devices. Over eight years of dedicated effort, they have earned the trust and praise of customers...
Secretary of State Diego Morales recently visited the Novelis aluminium production and recycling plant in Terre Haute, Indiana. Novelis, a global leader in the field, specialises in providing rolled, recycled aluminium to a wide array of international clientele. The facility is renowned for its production of aluminium foil sheets and rolls, which serve diverse applications in commercial and residential kitchens. During his visit, Secretary Morales engaged with Novelis executives and staff members, gaining valuable insights into the intricate processes of aluminium recycling and rolling . The discussions centred around Novelis' pivotal role as the world's largest recycler of aluminium , highlighting its steadfast commitment to sustainability practices. The Business Services Division is one...
China-based Lanzhou Aluminum on June 12 announced the groundbreaking ceremony of its distributed photovoltaic (PV) project in the southern factory area, signifying a pivotal advancement for the company in the realm of new energy. During the ceremony, Mao Zhiqiang delivered a passionate speech highlighting the pivotal role of distributed photovoltaic projects in fostering sustainable enterprise development. About the project He emphasised that the construction of Lanzhou Aluminum Industry Co., Ltd.'s distributed photovoltaic power generation project has garnered significant attention from China Aluminum Corporation and substantial support from relevant stakeholders. June 21 marked the official commencement after diligent planning and adjustments in the construction approach. The event was...
Hydro has finalised the sale of 49.9 per cent of its renewable energy subsidiary, Hydro Rein, to Macquarie Asset Management. Initially announced in October 2023, this transaction marks a significant milestone in Hydro's strategy to expand its renewable energy portfolio. The transaction has assigned a value of USD 333 million to Hydro Rein as of June 30, 2023, subject to any closing adjustments. Macquarie will contribute USD 214 million at closing, with the funds to be transferred by June 25, 2024. The remaining committed capital will be injected gradually as per the project requirements, ensuring a steady financial support for Hydro Rein's operations. "We are excited to conclude the transaction, marking the next chapter in our renewable energy partnership with Macquarie Asset Management....
Only 400 of the 5,000 employees remain at the Nikolaev Alumina Refinery, which ceased operations in March 2022 at the onset of the full-scale Russia-Ukraine conflict, an independent local media reported. According to Oleksii Medvid, the acting General Director of Nikolaev Alumina Refinery, the primary responsibilities of the remaining workers include maintaining two red mud (bauxite residue) storage facilities spanning approximately 400 hectares and safeguarding the company’s property. Oleksii Medvid stated, "These 400 specialists oversee the preservation of the enterprise, its equipment, and two bauxite residue storage facilities. This is the only operational precinct within our company. The bauxite residue remains in storage and does not enter the precinct. It is crucial to monitor the...
