Premium luggage brand Carl Friedrik has expanded its aluminium collection with the launch of the aluminium Check-in, a 76-litre suitcase designed for longer trips and international travel. Priced at USD 1,095, the new suitcase features a hard-wearing anodized aluminium shell, TSA-approved combination locks, and 360-degree ball-bearing wheels designed for smooth movement. The Check-in model follows the launch of the smaller aluminium Carry-On in March. According to the source, the Carry-On sold out within eight weeks, prompting Carl Friedrik to expand the aluminium range with a larger case. The new suitcase retains several features from its smaller counterpart while adding capacity for travelers who need more space. It is currently available in silver with black, cognac, or chocolate trim....
Hindalco Industries Limited, Muri Works has achieved ASI Performance Standard V3.1 (2023) for alumina refining activities at the Hindalco Industries Ltd Muri Works facility, located in Muri, Jaharkland District India. Aluminium Stewardship Initiative (ASI) today announced that Hindalco Industries Limited, Muri Works (India’s first Alumina Refinery, established in 1948) has been certified against the ASI Performance Standard V3.1 (2023). The major manufacturing processes undertaken at the Entity includes crushing, grinding, digestion, clarification, precipitation and calcination. The current alumina refining rated capacity is 450 kilotonnes per annum. The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive...
Grow with
AL Circle
Signify has unveiled a range of energy-efficient fans tailored for the summer season. These innovative fans combine advanced technology with top-tier performance, offering consumers an optimal cooling experience. The new Ecolink lineup features five models: AiroGeometry, AiroJewel, AiroZephyr, AiroSerenade, and AiroSleek, each designed for superior air delivery, high efficiency, and significant energy savings. The newly launched fans by Signify incorporate advanced technology ensuring high energy efficiency and low power consumption. Equipped with aluminium blades and heavy-duty copper winding motors , these fans promise durability and top-notch performance. Operating at 370 RPM, they deliver superior air circulation, making them an excellent choice for any space. AiroGeometry : Inspired...
In February 2024, there was a notable shift in the export dynamics of US aluminium scrap, according to the United States Geological Survey. Previously, India held the position of second-highest export destination until January 2024. But subsequently, Thailand emerged as the second top importer of US aluminium scrap, following Malaysia. As per the data revealed by the US Geological Survey, Thailand's aluminium scrap imports from the US exceeded India's by 4,800 tonnes in February 2024. Thailand's aluminium scrap import volume in the said month was 25,700 tonnes, while that of India was 20,900 tonnes. Thailand's imports grew by 6,400 tonnes or 33.16 per cent month-on-month from 19,300 tonnes and increased year-on-year by 7,600 tonnes or 41.99 per cent from 18,100 tonnes. In contrast,...
Qatalum, a joint venture aluminium smelter between Qatar Petroleum and Norsk Hydro, has been successfully recertified to the latest version (v3) of the Aluminium Stewardship Initiative (ASI) Performance Standard. ASI, a globally recognized non-profit organization, plays a pivotal role in setting standards and providing certification for the aluminium industry. The Performance Standard, which Qatalum has held since April 2022, is a testament to the company's adherence to internationally recognized ESG principles and criteria that address various sustainability issues. Qatalum CEO stated, “Recertification to the latest ASI standard demonstrates Qatalum’s commitment not only to sustainability but also to transparency and good governance. This achievement is a product of our culture of...
Netherlands-based DeSpray Environmental, a Dutch innovator in aerosol recycling technology, has announced a significant long-term contract with Australian-based ARRG Waste to supply DeSpray aerosol recycling systems. The machines are known for recycling aerosol cans composed of aluminium and other metals. This milestone agreement, unveiled at the IFAT exhibition in Munich, Germany, marks the first time DeSpray's 100 per cent aerosol recycling machines will be shipped to Australia and the Asia Pacific region. Under this multi-million-dollar contract, DeSpray will become a long-term partner, providing 100 per cent aerosol recycling machines to multiple ARRG Waste locations. Headquartered in Chinchilla, Queensland, ARRG Waste offers various waste management and recycling services. It is...
Volvo Buses has introduced the Volvo BZL-GML Eco Range, a pioneering electric low-floor, two-door premium-class city bus, marking a significant milestone in Malaysia's public transportation sector. This collaboration with Gemilang International Ltd aims to elevate industry standards and accelerate the nation's transition to sustainable urban mobility. The Volvo BZL-GML Eco Range is a testament to the benefits of aluminium in modern bus manufacturing. Featuring an aluminium body superstructure , this innovative bus combines superior reliability, safety, and environmental performance. Aluminium’s lightweight yet durable properties make it an ideal choice for enhancing the efficiency and longevity of electric buses. Volvo Buses Country Manager Marcus Mak pointed out that electromobility is a...
The Shanghai Metals Market survey reported on Monday, May 20, that China's domestic social inventories of aluminium ingot across major consumption areas came in at 759,000 tonnes, experiencing an increase of 12,000 tonnes over the weekend. SMM also calculated and found that the stock level on May 20 was 90,000 tonnes higher year-on-year. The latest surge in inventories is linked with rising aluminium prices, which are discouraging domestic downstream manufacturers from purchasing new stock. Analysis for upward trajectory Other factors that contributed to the rise in inventory included an influx of primary aluminium from Guangxi and Yunnan. South China saw a month-on-month increase of over 1,000 tonnes in arrivals over the weekend. Inching closer to the domestic off-season was also a valid...
Shandong Xintong Aluminum Technology Co., Ltd. stands at the forefront of the aluminium industry and is distinguished by its specialisation in producing top-tier aluminium products. In a significant move towards furthering its commitment to excellence, Shandong Xintong Aluminum recently joined the AL Biz platform, the world's first global marketplace that connects millions of buyers and sellers across the entire aluminium value chain. The company has been successfully registered under the world's first B2B platform with 2100+ certified aluminium product sellers. This onboarding is poised to bring about synergies that will enhance the company's capabilities and open up new avenues for growth and development. Shandong Xintong Aluminum joining the AL Biz platform reflects its...
WinTech of Missouri, a producer of construction industry materials, has acquired Pocahontas Aluminum Company, a window and door manufacturer located in Pocahontas. Established in 1963, Pocahontas Aluminum Company produces materials for various industries, including modular homes, food trucks, and deer blinds. Although the terms of the deal were not disclosed, WinTech President Jack Williams expressed his enthusiasm for the merger of the two companies. “We are thrilled to welcome Pocahontas Aluminum Company into the WinTech family. This acquisition represents an exciting opportunity to combine the strengths and expertise of two great companies, driving greater value for our customers and employee-owners. Together, we will leverage our collective resources and capabilities to improve...
In a significant move to elevate the technical acumen of Bahrain's youth, Aluminium Bahrain B.S.C. (Alba) has generously donated a robotic unit to the Nasser Vocational Training Center (NVTC). This initiative aligns with the Center's mission to offer students immersive, practical experiences in robotic operations. On May 20, 2024, a ceremonial handover took place, witnessing the presence of Alba’s CEO , Ali Al Baqali, and the CEO of NVTC, Dr. Abdulla bin Naser Al Noaimi, alongside senior officials from both organisations. This event marked a collaborative milestone aimed at enriching the educational landscape with advanced technological tools. From industry to education The donated robotic unit previously served at Alba’s Casthouse 2, efficiently stacking finished product bundles for over...
Kobe Steel, Ltd. has disclosed its decision to incorporate green aluminium materials into aluminium extrusion and suspension products supplied to Nissan Motor Co., Ltd. Initially, commencing in fiscal 2024, the green metal will be used for Nissan's mass-produced vehicles meant for the Japanese and North American markets, and then the move will gradually extend to cars for the European market. Nissan's automobile components that will contain green aluminium materials include aluminium bumper reinforcements, door guard bars, and suspension parts. Increasing the incorporation of green aluminium materials into car components will play a crucial role in reducing CO2 emissions throughout the vehicles' lifecycle and lessening their weight. Notably, approximately 10 per cent of the weight of...
The previous trading day, LME aluminium opened at US$2,628 per tonne, hit a high of US$2,765.50 per tonne and a low of US$2,607 per tonne, and closed at US$2,715.5 per tonne, up US$89 per tonne or 3.39 per cent. On Tuesday, May 21, both LME aluminium cash bid price and LME aluminium official settlement price soared by US$75.50 per tonne or 2.94 per cent and US$77 per tonne or 2.99 per cent to halt at US$2,643 per tonne and US$2,645 per tonne. On a Year-on-year scale, the LME aluminium price has seen a spike of US$383 per tonne or 16.93 per cent from US$2,645 per tonne recorded on May 22, last year. Aluminium prices surged to a nearly two-year high on Tuesday, marking the largest one-day gain in four months due to concerns about raw material supply and a rally in copper. On the London...
In a strategic manoeuvre to secure Alumina Ltd.'s $4 billion buyout, American aluminium giant Alcoa has tailored a unique arrangement for the company's second-largest shareholder, China's CITIC Group. As reported by the Australian business-focused, compact daily newspaper Australian Financial Review, this move aims to garner CITIC's backing while adhering to US banking regulations. Sources indicate that the modifications were crafted in collaboration with CITIC to safeguard the group's position if the shareholder vote favours the takeover. As of now, CITIC has yet to officially decide whether it will retain its stake in Alumina Ltd. or sell its shares in exchange for Alcoa stock. Alcoa's all-stock offer for Alumina Ltd. now includes an additional provision: issuing non-voting convertible...
On Wednesday, May 22, China’s A00 aluminium ingot price expanded by RMB 330 per tonne to settle at RMB 21,090 per tonne, with the spot contract price expected to be traded at a discount price of RMB 160 to RMB 120 per tonne. On a W-o-W calculation, the domestic aluminium ingot price has surged by RMB per tonne from RMB 20,470 per tonne, as recorded on April 22. The price has also skyrocketed by RMB 2,720 per tonne Y-o-Y from RMB 18,370 per tonne recorded on May 22, 2023. A00 aluminium ingot prices in other regions As of today, the average prices may stand between RMB 21,070 per tonne and RMB 21,110 per tonne. On the same day, the A00 aluminium ingot prices in regions like Gongyi and Foshan have hiked by RMB 390 per tonne and RMB 350 per tonne to clock at RMB 20,970 per tonne and RMB...
In a recent report, Bank of America (BofA) underscored the profound impact of geopolitical dynamics on global metals supply chains, spotlighting China's pivotal role in green technology industries. The report highlights China's overwhelming dominance in producing electric vehicles (EVs), batteries, and solar panels, posing a significant competitive hurdle for companies outside its borders. This monopolistic position has not gone unnoticed in developed markets (DMs), where there is a growing sense of urgency to reassess and diversify their supply chains. The geopolitical risks associated with heavy reliance on Chinese manufacturing capabilities have become a focal point of concern, prompting these markets to explore alternative strategies to mitigate potential disruptions and ensure the...
Ball Corporation has strategically sold its aerospace business to BAE Systems, resulting in a pre-tax gain of $4.7 billion. This move has enabled Ball to pay down $2.8 billion in debt and initiate a $1.3 billion share repurchase program. The sale propelled the company’s shares to a 21-month high despite mixed Q1 results. The financial manoeuvre allowed Ball Corporation to report a combined profit of $0.68 per share, slightly down from the previous year's $0.69, yet exceeding expectations by 14 cents. GAAP profit for Q1, bolstered by the aerospace sale, was $11.70 per share. However, total sales fell by 3.7% to $2.87 billion, missing estimates by $270 million. CEO Daniel Fisher stated: “Following the successful sale of the aerospace business in mid-February, we have executed our plans to...
According to the International Aluminium Institute survey, the world’s primary aluminium production in April 2024 witnessed a month-on-month drop of 3.12 per cent but a year-on-year rise of 3.33 per cent. As per the data revealed, world’s primary aluminum output was 5.9 million tonnes in April 2024, compared to 6.09 million tonnes in March 2024 and 5.71 million tonnes in April 2023. The year-on-year increase in production during April 2024 was primarily driven by demand recovery in manufacturing sectors, like automobile, packaging, and solar power, reduced production costs, and higher profit margin due to bullish aluminium benchmark price on the London Metal Exchange. World’s daily average output of primary aluminium also grew 3.3 per cent year-on-year in April 2024 to stand at 196,600...
Eurasianet reported on May 20 that China is set to assist Tajikistan in completing several major infrastructure projects, including modernising the Tajik Aluminum Company (TALCO), the country's largest industrial enterprise. TALCO has recently increased its output, producing over 66,000 tonnes of primary aluminium in 2023, marking a 7 per cent rise from the previous year's total. Chinese and Tajik officials signed a protocol Earlier in May, Chinese and Tajik officials reportedly signed a protocol during an intergovernmental meeting in Beijing, detailing plans for China to assist Tajikistan in several significant projects. These include the modernisation of TALCO, infrastructure developments in Dushanbe, the construction of a logistics centre in Danghara, and the upgrade of a highway in...
Bharat Aluminium Company Limited (BALCO), a renowned name in India's aluminium industry and a subsidiary of Vedanta Aluminium has taken a groundbreaking step in ash management. By introducing a state-of-the-art Digital Ash Control Tower (ACT), BALCO is set to revolutionise its ash management practices with real-time artificial intelligence (AI) monitoring, enhancing both operational efficiency and safety. BALCO's Digital Ash Control Tower (ACT) is a pioneering solution aimed at transforming its extensive ash management network. Utilising advanced AI, the ACT provides real-time monitoring to ensure strict compliance with ash management guidelines. This cutting-edge technology significantly improves the management of the ash handling fleet, streamlining transportation, and ensuring road...
