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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According to a report on June 18, some global aluminium producers sought a premium of $185-190 per tonne from Japanese buyers for July-September primary aluminium shipments. The news came after three people directly involved in quarterly pricing talks said. Compared to the second quarter’s premium of $145-148 per tonne, the Q3 premium being offered is 25 to 31 per cent higher. The latest Q3 premium is even higher than the premium quoted last month by a global producer. According to a report on May 29, J apanese buyers were offered a premium of $175 per tonne , up 18 to 20 per cent from the Q2 premium. During the previous offer, Japanese buyers had already expressed that the premium was too high considering the sluggish domestic demand for aluminium, especially from the industrial and...
Qindao city in China’s eastern Shandong province has unwrapped its “Action Plan” aimed at driving the high-quality development of the New Energy Vehicle (NEV) industry in the city. According to the plan, by 2025, the city aims to achieve several noteworthy milestones, including an annual production target of 400,000 NEVs, with about 180,000 vehicles scheduled for export and overseas automaker revenue surpassing RMB 36 billion. The plan also foresees the expansion of core supporting industries such as automotive electronics and power batteries to around RMB 40 billion, with special parts like tires and car bodies reaching approximately RMB 50 billion. Projections indicate a target penetration rate of about 45 per cent for new energy vehicle, with plans for over 40,000 public charging...
On June 4th, Chinalco Shanxi New Materials hosted a symposium to explore the primary enterprises within the aluminium-magnesium industrial chain. The symposium's main focus was on the primary initiatives undertaken by Chinalco Shanxi New Materials in chain stabilisation, chain introduction, and chain strengthening. About the event Member from the Management Committee of Yuncheng Economic and Technological Development Zone emphasised that as the "chain owner" of the aluminium and magnesium deep processing industrial chain in Yuncheng City, Shanxi Province, the company will continue to embrace this role. Many important officials, such as a professor from the North University of China, the Deputy General Manager of Chinalco Shanxi New Materials, and others, attended the event. Leveraging its...
ABB, the technology leader in electrification and automation, enabling a more sustainable and resource-efficient future, has launched a groundbreaking feature within its Routing Services portfolio designed to facilitate vessel owners to manage fuel costs more effectively throughout their voyages. This innovative feature optimises both the vessel's route and speed simultaneously, a first in the maritime industry, integrating these capabilities into the ABB Ability™ Routeguard onshore routing service. The introduction marks the first major upgrade since ABB acquired the shipping business of DTN Europe BV and DTN Philippines Inc. earlier this year. The Optimal Speed Routing feature is a game-changer, providing real-time advice to operators on adjustments to their vessel's track and speed. It...
According to the Shanghai Metals Market survey, aluminium billet inventories in China stood at 162,800 tonnes on Thursday, June 13, indicating a week-on-week decline of 3,600 tonnes. But on a year-on-year basis, the inventories rose 21,300 tonnes, standing at a high level for the same period in nearly four years. Pick up and supply The year-on-year increase in aluminium billet inventories could be attributed to reduced pick-up from warehouses by 6,700 tonnes to 45,200 tonnes, dropping to the lowest level in nearly four years. Due to weak purchase sentiment across China, there is a very little room for improvement in aluminium billet pick-up from warehouses. SMM believes aluminium billet inventories will remain steady in the near future amid weak downstream demand and potential supplies....
Ball Corporation, the global leader in innovative aluminium packaging, has unlocked another significant milestone by powering its Brazilian operations with 100 per cent renewable energy, six years ahead of its global deadline. About the accomplishment This was accomplished by purchasing renewable electrical energy, supported by I-REC certificates, ensuring 100 per cent of Brazil's electrical energy consumption is from renewable sources. With this achievement, Brazil joined Paraguay and Chile as the third country in South America to reach this goal. Ball Corporation's global targets include reaching 75 per cent renewable energy usage by 2025 and achieving 100 per cent by 2030. This significant accomplishment not only highlights the leadership and dedication to implementing sustainable...
According to the International Aluminium Institute survey, primary aluminium production in Western & Central Europe and Russia & Eastern Europe fell month-on-month in April 2024 but recorded a year-on-year rise. Closer view of Western & Central Europe’s output The IAI data revealed that primary aluminium output in Western & Central Europe was 226,000 tonnes, down by 6,000 tonnes or 2.6 per cent from 232,000 tonnes in March 2024 and up by 2,000 tonnes from 224,000 tonnes in April 2023. The above data indicates an overall downtrend in Western and Central Europe’s primary aluminium production, given that primary aluminium output in April 2024 recorded marginal annual growth and decreased significantly month-on-month. Encouragingly, the primary aluminium production downtrend in Western &...
China's aluminium production reached an all-time high last month as smelters resumed operations, potentially setting the stage for further price declines following a two-year peak in May. Improved hydropower reserves in Yunnan Heavy rains have replenished hydropower reserves in Yunnan, enabling smelters to restart after droughts previously reduced their electricity supply. Insights from Bloomberg Intelligence (BI), a trusted source in the financial industry, indicate that an additional 330,000 tonnes of capacity is expected to resume in Yunnan this month. Furthermore, BI forecasts a decrease in aluminium prices in June, attributing it to softened demand following the recent price surge. According to the statistics bureau on Monday, aluminium production surged by 7.2 per cent Y-o-Y,...
In a strategic move to meet burgeoning industrial demand, the Southern African nation, the Zimbabwean government, has unveiled plans to amplify lightweight metal production through aluminium beneficiation. Recognising aluminium's pivotal role across diverse sectors—from automobiles to packaging and household equipment to aerospace technology and electrical and electronics—the government aims to position Zimbabwe in the global market. This initiative promises to invigorate the national economy and advance the nation's industrial capabilities, particularly as aluminium continues to supplant copper in electrical applications. During his visit to Tajikistan, Dr Constantino Chiwenga, the Vice President of Zimbabwe, announced a new initiative following his tour of the Tajik Aluminium Company...
The previous trading day, LME aluminium opened at US$2,539 per tonne, reached a high of US$2,552.5 per tonne and a low of US$2,502 per tonne, and closed at US$2,523 per tonne, down US$21.5 per tonne, a decrease of 0.84 per cent. On Friday, June 14, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$31 per tonne or 1.24 per cent and US$32.5 per tonne or 1.30 per cent to clock at US$2,465 per tonne and US$2,465.50 per tonne. As per the LME data, 3-month bid price and 3-month offer price dipped by US$28 per tonne or 1.09 per cent and US$27.5 per tonne or 1.07 per cent to peg at US$2,529 per tonne and US$2,530 per tonne. December 25 bid price and December 25 offer price slumped by US$25 per tonne or 0.93 per cent to dock at US$2,655 per tonne and...
Capral, Australia’s largest extruder and distributor of industry-leading aluminium products, has reportedly announced the purchase of Apple Aluminium, a Brisbane-based aluminium extrusion, sheet, and plate supplier. Capral said in a statement that although the acquisition is relatively small, it perfectly aligns with the strategy to grow via targeted acquisitions and strategic investments. In FY2022-23, Apple Aluminium’s turnover was about $12 million, while Capral’s revenue was $657 million. Through this acquisition, Capral essentially aims to leverage Apple’s established market position, skilled workforce, and strong customer relations to better its offerings. The acquisition is scheduled for completion in late July, subject to completion conditions. Tony Dragicevich, managing director...
Aluminium has increasingly become pivotal across diverse industries due to its versatility, lightweight properties, and sustainability. From cans to bicycle frames, aluminium's adaptability and capacity to enhance product performance underscore its critical role across various end-use sectors. Other key attributes like corrosion resistance, high strength-to-weight ratio, and recyclability make it indispensable in modern manufacturing, promoting energy efficiency and environmental sustainability. This week, the end-user sector of the aluminium industry has witnessed a lot of significant events – Pedalling towards net zero with world’s first bicycle rim featuring Hydro CIRCAL 100R In 2023, a collaboration between Hydro, the Norwegian company specializing in aluminium and renewable energy,...
American Beverage announced a generous $25,000 grant to Atlanta-based nonprofit Live Thrive in an effort to enhance recycling capabilities . This is not just a grant, it's a game-changer. This funding is earmarked for new equipment at Live Thrive's Center for Hard to Recycle Materials (CHaRM) in DeKalb County, Georgia, a crucial step in our mission to improve recycling in our community. The grant will be used to purchase a new baler, a crucial piece of equipment that will significantly expand CHaRM's recycling capacity. This centre is a vital drop-off facility for residents needing access to curbside recycling services. CHaRM accepts many items, from bulky materials like mattresses and bicycles to everyday recyclables such as beverage bottles and used cans, which can be processed and...
The Indian multinational mining and metal company Vedanta Group has unveiled a strategic roadmap to achieve a $10 billion EBITDA, underpinned by the execution of over 50 projects spanning multiple business verticals, as reported by ET Now Digital. This bold plan was disclosed during site visits attended by more than 45 investors, fund managers, and analysts. According to two insiders at these site visits, Vedanta Group anticipates these new projects will generate an impressive $5 billion in free cash flows. This ambitious initiative underscores the group's commitment to significant growth and expansion across its diverse portfolio. Vedanta Group has invested more than $8 billion in various expansion initiatives. According to the Indian news platform, Vedanta plans to open the world’s...
Vedanta Limited, an Indian multinational mining company, has increased its aluminium selling prices with effect from Friday, June 14, following a cut on June 12. This move is in line with the global aluminium benchmark price on the London Metal Exchange (LME), which escalated on June 13. With effect from June 14, Vedanta has expanded its aluminium ingot price by INR 2,250 per tonne or 1 per cent to stand at INR 245,500-265,500 per tonne versus INR 243,250-263,250 per tonne on June 12. The price movement is aligned with the LME price growth of 1 per cent on June 13 from US$2,476 per tonne to US$2,498 per tonne. With the latest change, Vedanta’s aluminium wire rod and billet prices have come in at INR 255,000-264,000 per tonne and INR 256,000 per tonne, respectively, also up by INR 2,250...
The Roboverse Expo, a collaboration between Manorama Online and Jain University, has captivated attendees of all ages, especially children. Held at the Rajiv Gandhi Indoor Stadium in Kadavanthra, Kochi, the event showcased intriguing exhibits, prominently featuring playful robot dogs. Each 15 kg robot dog, a unique blend of aluminium alloy and robust engineering plastic, was a standout at the Roboverse Expo. These dogs, with their 12 knee joint motors, showcased a wide range of movements, from jumping and sitting to waving, circling, and even standing on their hind legs. About the robots Powered by an 8-core high-performance CPU, these robots boast a battery capacity of 8000 mAh, with an option to upgrade to 15000 mAh. These robotic canines proved to be a favourite among young visitors,...
The winners of the esteemed 'Tube of the Year 2024 Award' by the European Tube Manufacturers Association (ETMA) have been revealed. The selection occurred on May 23, 2024, during ETMA’s annual conference in Warsaw. A panel of seven jurors from member companies identified the top tubes across five categories: aluminium, plastic, laminate, prototypes, and sustainability. ETMA’s Secretary General, Gregor Spengler, stated, ‘European tube manufacturers have once again demonstrated their strong innovative strength and creativity in this year’s competition. This is demonstrated not least by the large number of tubes submitted for the competition in the prototypes category. I am particularly pleased about this, as I see it as an indicator of the wealth of ideas of our member companies, which is a...
Ball Corporation, the world's leading supplier of sustainable aluminium packaging solutions for beverage products, has announced the appointment of Dr Mandy Glew as the Senior Vice President and President of the EMEA and Asia regions. This leadership change follows Dr Glew's promotion in March to President of EMEA and Asia, succeeding Carey Causey, who has taken on the role of Chief Growth Officer at Ball. Dr Glew, who joined Ball Corporation in October 2020, brings a wealth of experience to her new position. With over two decades of expertise in commercial operations, sales, marketing, and manufacturing within the fast-moving consumer goods and consumer electronics sectors, she is well-equipped to lead in this capacity. Before her tenure at Ball, Dr Glew held various senior management...
