Metlen Energy & Metals PLC is investing EUR 25 million in its recycled aluminium production facility EP.AL.ME. in Greece, targeting higher processing capacity and greater use of complex aluminium scrap streams. The investment will fund automated sorting, processing and melting equipment at EP.AL.ME., which Metlen describes as Greece’s largest independent recycled aluminium producer. The project will allow the facility to process more complex scrap, including post-consumer aluminium recovered from end-of-life products. The expansion will connect EP.AL.ME. more closely with Metlen’s Aluminium of Greece facility. EP.AL.ME. will manage the collection, sorting and pre-processing of aluminium scrap, while Aluminium of Greece will provide the production scale needed to incorporate recycled metal...
Germany’s aluminium foil export market is showing a shift after two years of steady recovery. The upward trend that had returned after the 2023 downturn failed to hold, with shipments slipping again even as some markets continued to show resilience in H1 2026. The change becomes clearer when the recent history is put together. Germany exported 151,000 tonnes in H1 2022, but the volume dropped to 138,000 tonnes in H1 2023, down 8.6 per cent. Exports then began to recover, reaching 141,000 tonnes in H1 2024, up 2.2 per cent, and 144,000 tonnes in H1 2025, an increase of 2.1 per cent, according to ITC data. In H1 2026, however, exports fell back to 140,000 tonnes, down 2.8 per cent year on year. The decline is relatively modest, but it marks a break in the recovery - raising the question of...
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The Planning Institute of Jamaica's 2023 Economic and Social Survey reveals that the local bauxite sector almost doubled its output last year, significantly contributing to an 86.8 per cent growth in the mining and quarrying industry compared to 2022. This recent edition of the survey, tabled in Parliament on July 17, 2024, provides a comprehensive analysis of Jamaica's economic and social performance for the previous year. The findings highlight mining as the industry with the highest growth rate in 2023. In 2022, the mining sector experienced a substantial decline, with a -35 per cent reduction in its real value added (RVA). However, last year, mining accounted for 1.8 per cent of Jamaica's total gross RVA, up from 1.0 per cent in 2022. RVA measures an industry's contribution to a...
Press Metal Aluminium Holdings Bhd, a Malaysia-based world-class aluminium producer, has signed a collaboration agreement with China's Xi'an Jiaotong University (XJTU) to advance carbon capture and utilisation research. This new agreement builds on a memorandum of understanding established in August 2023. The joint venture aims to create a commercially viable carbon capture and utilisation model tailored to Press Metal's manufacturing processes. Under the terms of the agreement, both Press Metal and XJTU will jointly own the intellectual property resulting from this research. Xi'an Jiaotong University has a strong track record in the field, having conducted 13 research projects on carbon dioxide capture and secured ten related patents. The project began in September 2023 and is scheduled...
As the European Union's Carbon Border Adjustment Mechanism (CBAM) introduces a new layer of complexity for aluminium and steel exporters, Indian businesses face a challenging regulatory landscape. This tax, aimed at addressing carbon emissions and ensuring a level playing field, has left many firms grappling with intricate compliance requirements. However, CleanCarbon.ai has emerged as a pivotal ally amid this regulatory upheaval. Founded by IIM Ahmedabad alumni Nilesh Bhattad and Rashmi Bhattad, the company offers a beacon of hope for exporters navigating the CBAM maze. Based in India, CleanCarbon.ai is dedicated to simplifying the daunting process of CBAM reporting and compliance for the steel and aluminium sectors and industries such as cement, fertilizers, and energy. A success story...
OnePlus has grabbed the attention of fitness enthusiasts with its latest smartwatch, the “OnePlus Watch 2R”, featuring an aluminium body. Lightweight for its aluminium body, the watch incorporates advanced fitness monitoring technology, empowering users to track their health routine and stay fit and light. The brand-new OnePlus smartwatch weighs only 59g, compared to 80g in the previous edition. The device comes with the Wear OS operating system supported by the Snapdragon W5 processor and an optional RTOS operating system. Its 1.43-inch AMOLED screen offers excellent visibility with a peak brightness of 1000 units. Targeting fitness lovers, this smartwatch boasts Health Connect powered by Android, offering centralised data management. In addition, Google Health Connect and Strava sync...
Aluminium is an essential component of the global economy, and this week, the upstream sector witnessed some significant events. To begin with, China, a dominant force in the global aluminium market, has once again demonstrated its leadership. As per the data from the National Bureau of Statistics (NBS), in June, China churned out a staggering 3.67 million tonnes of primary aluminium, marking a 6.2 per cent surge Y-o-Y. Also, the ongoing demand-production gap reflected a bearish trend in China's A00 aluminium ingot price. Apart from this, AL Circle launched the 25th edition of its e-Magazine titled "Advanced Industrial Technologies in the Aluminium Industry" . This landmark issue explores the latest innovations and transformative technologies revolutionising the aluminium sector...
Note: This is an AI-generated image for representational purpose On July 17, Alcoa Corporation reported its consolidated results for the second quarter of 2024, ended June 30, following a preliminary report published in the previous week. The company declared that its revenue in Q2 stood at $2.906 million, as was estimated in the preliminary report . On a quarter-on-quarter basis, the revenue grew 12 per cent from $2.599 million, and on an annual calculation, it grew by 8.27 per cent from $2.684 million. The net income released in the final report also aligned with the preliminary results, amounting to $20 million. Adjusted net loss totalled $30 million, in line with the $15-35 million projection. Adjusted EBITDA excluding special items totalled $325 million, up by 146 per cent Q-o-Q from...
The United States aluminium scrap exports slightly dipped month-on-month but increased year-over-year, according to the US Census Bureau data. However, the monthly fall was not significant enough to disturb the annual growth trend of the United States aluminium scrap imports in the first four months of 2024. The United States aluminium scrap exports in April 2024 totalled 180,000 tonnes, down by 2,000 tonnes or 1.10 per cent from 182,000 tonnes in March and up by 13,000 tonnes or 7.22 per cent from 167,000 tonnes in April 2023. During January-April, the United States aluminium scrap exports amounted to 675,000 tonnes versus 662,000 tonnes during the corresponding period of the previous year, reflecting an increase of 1.96 per cent. The annual growth in the United States’ total aluminium...
According to the Shanghai Metals Market survey, China’s social inventory of aluminium ingots increased by 8,000 tonnes week-on-week and 10,000 tonnes from July 15, reaching 797,000 tonnes on July 18, of which the amount for sale stood at 671,000. Following the restocking mid-week, the current aluminium ingot inventory has reached a new high for H2, up 243,000 tonnes year-on-year. The incessant increase in inventory since early July, due to a production surge in May and June and weak demand due to the ongoing traditional off-season, has been exerting pressure on domestic prices, bringing them below the RMB 20,000 per tonne level. SMM expects the decline in domestic aluminium ingot inventory in July will be limited, likely fluctuating between 750,000 tonnes and 850,000 tonnes. On the other...
On June 28, Castor Aluminum (Chongqing) Technology began the trial production for its annual output of 1 million sets of lightweight, integrated moulding new energy auto parts project. Upon full completion of the project, the annual output value is anticipated to reach RMB 3 billion, generating RMB 100 million in annual tax revenue and creating 1,000 new jobs. About the project This project, located in the Chongqing (Wansheng) Inland Waterless Port Low-Carbon Industrial Park, involves a total investment of RMB 1 billion. It is being developed in two phases, covering approximately 220 mu with a total construction area of about 148,000 square meters. The facility will produce aluminium alloy subframes, battery trays, body structures, and other parts for new energy vehicles, catering...
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Speira is enhancing its facilities in Grevenbroich and Töging in Germany by installing two new furnaces at each site and replacing the existing units with cutting-edge systems. These upgrades include four tiltable rotary furnaces designed to boost the company’s capacity for recycling challenging materials, such as heavily contaminated scrap (low-grade) and dross generated during the melting process. Speira is a leading European Aluminium rolling and recycling company. It comprises eleven recycling and production sites in Germany and Norway, as well as its own research and development. Speira recycles up to 650,000 tonnes of aluminium per year and produces around one million tons of advanced rolled products. In his role as Head of Recycling Services in Speira's other business areas and for...
Chilika Lagoon, Asia’s largest brackish water lake, is set to introduce emission-free solar and electric-powered boats, replacing traditional diesel-powered vessels. The implementation of solar and electric-powered boats with aluminium as one of the core components highlights the importance of a green and emission-free environment. Chilika Lagoon is home to a diverse range of aquatic and wetland species, including the rare and endangered Irrawaddy dolphin and fishing cat. The introduction of solar and electric-powered boats featuring aluminium and other metals aims to address the growing concerns about emission reduction and the environmental impact of diesel boats, which contribute to air, water, and noise pollution, harming the delicate wetland ecosystem. As per the reports, on average,...
According to a Reuters update, some Japanese aluminium buyers have agreed to pay a 45 per cent higher shipment premium than previously agreed for the July-September quarter. In early July, some Japanese aluminium buyers agreed to pay only $118-119 per tonne of premium for the third quarter’s shipments . That was 36 to 37 per cent less than the premium of $185 to $190 per tonne offered by some global producers for Q3. However, in recent negotiations, Japanese buyers have raised their premium offers to $172 per tonne for the September quarter’s shipments, up 16 to 19 per cent from $145-148 per tonne paid in the April-June quarter but down from the initial offers of $175-190 per tonne made by global producers. The increase in Q3 shipment premiums could be attributed to tight supplies in Asia...
Reynaers Aluminium has launched its new DigiTrace digital product passports, integrating them across all its systems. This innovation provides instant access to comprehensive details about performance, materials, and sustainability. By catering to the growing need for straightforward sustainability data and transparent product information, DigiTrace supports the golden thread concept. Each product element features a QR code for easy, immediate access to these critical insights. Martin Boland, Technical Support Manager at Reynaers Aluminium UK, said, “With the introduction of the golden thread and an increasing commitment to sustainable building design, the need for precise and up-to-date information is growing. DigiTrace is an end-to-end product passport system that enables complete...
RUSAL, one of the world's largest aluminium producers, has verified the carbon footprint of its products, reaffirming its status as a leading global low-carbon aluminium producer. TÜV AUSTRIA Standards & Compliance, one of the world's foremost providers of certification, testing, inspection, and verification services, conducted the independent verification of greenhouse gas emissions. The analysis confirmed that 100 per cent of RUSAL's metal meets the low-carbon aluminium (LCA) benchmark of less than 4 t CO 2 /t within Scopes 1&2, aligning with benchmarks from leading international analytical agencies such as Fastmarkets and S&P Global. Additionally, in 2023, RUSAL improved the full-scope carbon footprint of its LCA brand ALLOW to 5.9 tons of CO 2 equivalent per ton of metal, down from...
Brazil has reclaimed its position as a top ten player in the global aluminium industry, ramping up the production of primary aluminium and raw materials. Once, the country, which used to be the world's sixth largest aluminium producer, lost its momentum for an interim period and ranked 12th in 2022. However, in the subsequent year, Brazil's aluminium industry showed resurgence through advanced strategies and transformative initiatives in operations. Overview and analysis of primary aluminium production From the start of 2023, the Brazilian aluminium industry has been steadfast in raising domestic production with a strong focus on reducing reliance on imported products. The country successfully increased its primary aluminium production by 26 per cent to 1,021.7 thousand tonnes versus...
According to data from the China Association of Automobile Manufacturers, Chinese new energy vehicle (NEV) production surged by 31.9 per cent year-on-year in May. The number of units manufactured climbed from 712,660 units in May 2023 to an impressive 940,000 units for the same month this year. The NEV category encompasses vehicles fully or predominantly powered by electric energy, including plug-in hybrids, fuel cell vehicles, and conventional battery-powered cars. This data was highlighted by Shen Dong of OmniSource in the United States and featured in the latest edition of the Bureau of International Recycling's non-ferrous 'World Mirror'. Shen Dong, a member of the BIR non-ferrous board, predicts a significant increase in aluminium consumption by the automotive sector, primarily...
The aluminium associations of the United States, Europe, Canada, and Japan have approved a new report by the Organisation for Economic Cooperation and Development (OECD) titled "Quantifying the Role of State Enterprises in Industrial Subsidies." Highlights from the report The report highlighted that while state ownership alone is not inherently problematic, substantial evidence indicates that industrial subsidies, such as below-market financing, tend to rise with increased state ownership. Additionally, state enterprises are more likely to receive favourable treatment in competition rules, public procurement practices, and enforced technology transfers. As in previous work, the OECD emphasised that state enterprises are significant recipients of industrial subsidies. However, this report...
RUSAL, one of the world's largest aluminium producers, has become the first foreign company to receive the China Green Power Aluminium Certificate. The China Green Product Evaluation Centre awarded RUSAL the official certificate during a special event in Shanghai on July 2, 2024. The document confirms that 50,000 tonnes of aluminium ingot produced by RUSAL's Bratsk Aluminium Smelter (BrAZ) comply with the Green Power Aluminium Certification requirements. Since green power aluminium evaluation work started on June 20, 2023, it has garnered attention from primary aluminium producers and downstream, receiving robust support from all sectors. As of June 30 this year, the evaluation centre has conducted qualitative evaluations and quantitative assessments of the primary aluminium from 34...
