Two recent Tesla stories sit at opposite ends of the range. Tesla Model 3 is set to benefit from cost-focused Cybercab inverter technology, announced on November 1 2026. The flying car, Tesla Roadster, uses aluminum in its battery cells and underbody protection, reinforcing power delivery, thermal management and lightweight construction. The two models reveal how aluminum can serve very different engineering priorities, from making electric vehicles (EVs) more affordable to helping them deliver extraordinary performance. Tesla Model 3: the everyday car gets Cybercab hardware Nick Verzini, Tesla’s Head of Drive Unit Engineering, mentioned on a Munro Live factory tour that a new printed circuit board assembly and power stage from the Cybercab’s inverter will enter Model 3 production in...
Odisha Additional Chief Secretary for Housing and Urban Development and IDCO Chairperson Usha Padhee visited Angul on Saturday to review infrastructure development at the Aluminium Park near NALCO, alongside housing, sanitation and drainage projects. The visit focused on resolving infrastructure bottlenecks, improving civic services and accelerating implementation through coordination among the concerned agencies. During her visit to the Aluminium Park, Padhee held discussions with senior officials from NALCO and the Industrial Infrastructure Development Corporation of Odisha (IDCO), particularly on essential power and water supply requirements. She called for coordinated efforts and time-bound action to address the identified infrastructure issues. Join the fourth edition of webinar "...
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LME aluminium opened at US$2,227 per tonne on Wednesday, with its low and high at US$2,216 per tonne and US$2,269 per tonne respectively before closing at US$2,220.5 per tonne, up 1.23 per cent. On Wednesday, February 21, both LME aluminium cash bid price and LME aluminium official settlement price moved northward. Prices surged amid speculation that a new round of US sanctions against Russia could target metal industries, potentially disrupting supply chains. As per the data, both LME aluminium cash bid price and LME aluminium official settlement price surged by US$64 per tonne or 2.98 per cent to score at US$2,211 per tonne and US$2,211.50 per tonne. 3-month bid price and 3-month offer price skyrocketed by US$70 per tonne or 3.20 per cent and US$70.5 per tonne or 3.22 per cent to halt...
Today, the SMM A00 aluminium ingot price has discarded RMB 150 per tonne to close at RMB 18,730 per tonne, with the average prices ranging between RMB 18,710 per tonne and RMB 18,750 per tonne. The Shanghai Metals Market has shown a major slump in aluminium prices today, with the highest recorded fall of RMB 160 per tonne in Foshan and Wuxi, where the prices stood at RMB 18,630 per tonne and RMB 18,830 per tonne, respectively. In Hangzhou, the aluminium price halted at RMB 18,730 per tonne with a drop of RMB 150 per tonne, while the aluminium price in Gongyi negated RMB 130 per tonne to close at RMB 18,630 per tonne. In Chongqing, the aluminium price has plunged by RMB 110 per tonne to officiate at RMB 18,750 per tonne. The aluminium prices in Shenyang and Linyi have dampened by RMB 100...
Magnifying an initiative to combat the environmental impact of blister-pack waste, renowned pharmacy giant Boots has joined forces with waste management firm MyGroup. This collaborative effort aims to introduce a blister-pack recycling scheme at 100 Boots stores across the South East. As part of this eco-friendly venture, Boots loyalty card holders will be incentivised to participate in the recycling program. Upon depositing 15 empty packs and making a minimum purchase of £10, customers will earn 150 Advantage points. This initiative not only encourages responsible waste disposal but also rewards patrons for their commitment to sustainability. Addressing the global recycling challenge The staggering production of over 30 million tonnes of blister packs worldwide annually poses a...
Eric Donsky's startup, Atomic13, has recently entered into an exclusive partnership with the U.S. Department of Energy's Pacific Northwest National Laboratory (PNNL). This agreement is centred on commercialising the innovative Shear Assisted Processing and Extrusion Process ( ShAPE™ ) technology, which PNNL has patented. This groundbreaking technology can remarkably convert 100 per cent post-consumer scrap aluminium into top-tier extrusions of exceptional quality. With this collaboration, Atomic13 aims to spearhead the production of a diverse array of custom profiles using the 6061 and 6063 alloys. These profiles are targeted for utilisation in the building and consumer products sectors, promising a sustainable and efficient approach to aluminium extrusion. "The ShAPE technology is an...
Headquartered in Boston, VisionCycle has inaugurated an artificial intelligence (AI) unit to capture copper and aluminium scrap. The brand’s broad vision for sustainability can be aligned with the global call for Net Zero and reduction of carbon emissions, as this green drive can induce material circularity. VisionCycle claims to have achieved 99 per cent accuracy in copper and aluminium sorting operations. A computer-based vision valve, VisionCycle’s Vision Valve is responsible for shredding the scrap materials into a sortable particle form so that separation is simple. Comments from VisionCycle’s COO The chief operations officer (COO) of VisionCycle, Tim Crowley, commented: “Our approach utilises the advances in artificial intelligence to separate valuable particles such as copper and...
Aluminium, an abundant metal with myriad applications, often finds itself at the centre of discussions, especially in medicinal contexts. This article aims to unravel misconceptions surrounding aluminium, particularly its use in vaccines, shedding light on its safety and purpose. Aluminium, recognised as a neurotoxin, demands scrutiny based on exposure. However, it's crucial to differentiate between forms of exposure. Through an Instagram post, it was claimed that per the FDA guidelines, the maximum amount of aluminium anyone can safely handle is four micrograms per kilo. When asked, 'What are your reasons for not vaccinating?' One woman reverted, saying: "My kids don't weigh enough yet! Per FDA guidelines, the max amount of aluminium anyone can safely handle is 4 micrograms per kilo....
Rio Tinto, the world's second-largest metals and mining corporation, has recently inked the biggest renewable power purchase agreement (PPA) ever recorded in Australia. The main aim of this PPA is to supply its Gladstone operations in Queensland with electricity sourced from Windlab's upcoming 1.4GW Bungaban wind energy venture. About the new PPA This agreement, following closely on the heels of last month's PPA announcement for the Upper Calliope solar farm in Queensland, signifies Rio Tinto's position as Australia's foremost industrial purchaser of renewable energy. It marks another significant stride in the company's efforts to repower its Gladstone production assets towards renewable sources, including the Boyne aluminium smelter, Yarwun alumina refinery, and Queensland Alumina...
AL Circle is excited to announce its 22nd edition of the upcoming e-magazine, " Aluminium Casting Industry: Focus 2024." As a premier platform dedicated to fostering collaboration and innovation within the aluminium sector, AL Circle is excited to bring together thought leaders, experts, and professionals to delve into the latest trends, challenges, and advancements in aluminium casting. Why participate? Expert insights Gain valuable insights from industry experts and thought leaders on the current state and prospects of the aluminium casting industry in 2024 and beyond. Cutting-edge technology Discover the latest technological innovations and advancements shaping the aluminium casting landscape, from materials and processes to automation and sustainability. Networking opportunities...
Terrorist group attacks on commercial vessels navigating through the Red Sea have prompted some shipowners to opt for the longer and costlier route via Southern Africa instead of the Suez Canal and the Red Sea. The recent intensification of these attacks has heightened concerns, with tensions showing no signs of abating. This reluctance among shipowners has disrupted the flow of steel and aluminium into Europe , typically transiting through the Suez Canal, by 775,000 tonnes per month, equivalent to 9.3 million tons per year, as reported in some industry data. Let’s check from Maersk The Danish shipping and integrated logistics company Maersk has recently announced that the Red Sea crisis may endure until the latter half of 2024, and they are advising customers to make necessary...
In a volatile twist, aluminium prices experienced a surge driven by speculations of impending US sanctions against Russia, potentially targeting the metal industry. The uncertainty surrounding the specific industries to be affected has left investors on edge, with President Joe Biden hinting at a "major" sanctions package set to be unveiled on Friday. President Biden's announcement of forthcoming sanctions was linked to the tragic death of Russian opposition leader Alexey Navalny. While details remained scant, US National Security Advisor Jake Sullivan mentioned a focus on elements of Russia's "defense-industrial base" and other revenue sources for the nation's economy. Historical context: Aluminium's record rally in 2022 Aluminium previously surged to a record above US$4,000 a tonne in...
Maritime battery systems developer EST-Floattech has secured a substantial investment of €4 million from the Energy Transition Fund Rotterdam and its existing shareholders, including Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy. For the aluminium housing, insulation material, electronic components, and the racks in which the battery cells are installed, EST-Floattech is working with Dutch partners. The investment will allow EST-Floattech to continue to grow nationally and internationally. The company focuses on market leadership in Northwest Europe and is working with battery manufacturer DuraPower to access Asia and Oceania. EST-Floattech also plans to focus on larger vessels in the future. About the investment EST-Floattech specialises in crafting top-tier lithium-ion battery...
Novelis Inc., headquartered in Atlanta and a subsidiary of Hindalco Industries, has taken a significant step towards an initial public offering (IPO) by submitting a draft registration statement on Form F-1 to the Securities and Exchange Commission (SEC). This confidential submission pertains to the common shares, which are anticipated to be offered by AV Minerals (Netherlands) N.V., the sole shareholder of Novelis and another subsidiary of Hindalco Industries Limited. Last week, Novelis Inc., a leading provider of low-carbon aluminium solutions and a global player in aluminium rolling and recycling, released its fiscal year 2024 third-quarter results. Steve Fisher, the President and CEO of Novelis Inc., expressed satisfaction with the substantial year-over-year improvement in adjusted...
Metso has secured an order for a single-stage semi-autogenous grinding (SAG) solution for a low-carbon aluminium industry project in China. Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for global aggregates, minerals processing and metals refining industries. It can improve its customers' energy and water efficiency, increase their productivity, and reduce environmental risks with its product and process expertise. Although the exact value remains undisclosed, the order has been recorded in the minerals segment's first-quarter 2024 orders received. The delivery from Metso encompasses six SAG mills boasting a total installed power of 45MW alongside a Mill Reline Machine (MRM). Comprehensive services ranging from engineering and manufacturing to...
On Wednesday, February 21, China’s A00 aluminium ingot price gained RMB 210 per tonne to settle at RMB 18,880 per tonne, with the average prices between RMB 18,860 per tonne and RMB 18,900 per tonne. The spot contract price may be traded at a discount price of RMB 40 to a premium price of RMB 0 per tonne. As per the SMM data, the domestic aluminium ingot prices in Hangzhou and Wuxi have expanded by RMB 210 per tonne and RMB 200 per tonne to settle at RMB 18,880 per tonne. On the same day, the price in Foshan also gained RMB 200 per tonne to peg at RMB 18,990 per tonne. In Chongqing and Gongyi, the A00 aluminium ingot price has ascended by RMB 190 per tonne and RMB 180 per tonne to score at RMB 18,860 per tonne and RMB 18,760 per tonne. In Shenyang and Linyi, the aluminium ingot prices...
LME aluminium opened at US$2,195.50 per tonne on Tuesday, with its low and high at US$2,180 per tonne and US$2,236 per tonne respectively before closing at US$2,223.50 per tonne, up 1.21 per cent. The London Metal Exchange market on February 20 showed down pouring traits, wherein the LME aluminium cash bid price and the LME aluminium official price stood at US$2,147 per tonne and US$2,147.50 per tonne, respectively, with a plunge of US$37.50 per tonne or 1.72 per cent. The LME aluminium market has been volatile owing to the overburdening of Russian stocks in LME warehouses. The future outlook seems quite uncertain amidst the call for CBAM and other regulatory trade measures. The LME aluminium 3-month bid price halted at US$2,183 per tonne, and the 3-month offer price stood at US$2,183.50...
PT PLN (Persero) and its subsidiary, PLN Energi Primer Indonesia (PLN EPI), have inked a memorandum of understanding with JERA Co. Inc., aiming to reshape Indonesia's energy sector. This strategic collaboration delves into green energy initiatives, LNG infrastructure, and supply chain optimisation. Indonesia is poised for a transformative shift in its energy landscape, focusing on green energy alternatives. The collaboration between PLN EPI and JERA Co. Inc. holds immense significance in steering Indonesia towards a sustainable future. The emphasis on green or blue ammonia and hydrogen projects underscores a commitment to replacing conventional fossil fuels. LNG development and energy transition Iwan Agung Firstantara, Main Director of PLN EPI, underscores the pivotal role of gas,...
Nespresso, the distinguished global coffee company, has unveiled an eco-friendly innovation in the form of recyclable coffee pods made from recycled aluminium. This eco-friendly endeavour not only elevates the coffee experience but also resonates with Nespresso's commitment to environmental responsibility. Nespresso's latest development marks a pivotal moment in the coffee industry's quest for sustainability. The use of recycled aluminium underscores the company's commitment to mitigating its carbon footprint and embracing circular economy practices. This move aligns seamlessly with Nespresso's ambitious goal of achieving carbon neutrality by 2022. Design excellence and high-quality standards The sleek design of the new coffee pods does not compromise Nespresso's renowned quality. The...
Cecilia Daun Wennborg, currently serving on the boards of Getinge AB, Loomis AB, and Bravida Holding AB, among others, along with Mikael Bratt, who holds the positions of President, CEO, and board member at Autoliv Inc., have been nominated as prospective members of the Board of Directors. Their election is set to take place during the upcoming Annual General Meeting (AGM) scheduled for May 8, 2024. Concurrently, existing board members Katarina Lindström and Hans Porat will step down as they are not seeking re-election and will vacate their positions following the AGM. About Cecilia Daun Cecilia Daun Wennborg brings extensive expertise from executive roles across diverse sectors, including banking, insurance, and healthcare, spanning over two decades. With a wealth of experience, she has...
