The transition towards lower-carbon manufacturing is changing how companies evaluate aluminium and copper. Beyond availability and technical performance, buyers are increasingly examining the emissions embedded in the metals they purchase and whether reducing that footprint justifies a higher price. While low-carbon aluminium has developed into an established premium market, low-carbon copper remains at a developing stage, raising the loaded question: How much are buyers willing to pay for lower-carbon metal? Explore the production, demand and consumption forecasts of bauxite and alumina in our report: “ Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook ” Why aluminium is further ahead Aluminium has had more time to establish a market for...
The EU aluminium scrap market could face disruption if proposed changes to the Waste Shipment Regulation (WSR) restrict access to major Asian recycling destinations, the Bureau of International Recycling (BIR) has warned. The Brussels-based association issued its response after the European Commission published a draft proposal on September 18 listing non-OECD countries authorised to receive certain non-hazardous materials from the EU . Excluding countries such as India , Malaysia and Thailand from authorised destinations for ferrous and nonferrous metals could weaken recycled material markets rather than strengthen Europe’s recycling capacity. Join the fourth edition of the webinar “Hedging for recyclers - Become an expert in 6 hours” by Jorge Dyszel. At the centre of BIR’s concern is...
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Senior, the renowned technology components manufacturer, clinched two pivotal contracts with Airbus SAS and Airbus Atlantic, reinforcing its stature as a reliable partner for major original equipment manufacturers. Senior proudly announced a multi-year contract extension with Airbus, focusing on the production and supply of intricate aircraft components integral to the Airbus A320 and A330 aircraft programs. This encompasses aluminium parts and assemblies intricately woven into the fabric of these cutting-edge aircraft. Aluminum's crucial role in aerospace design Highlighting the synergy between Senior and Airbus, the contract underscores the indispensable role of aluminium in modern aircraft design. These aviation parts not only exemplify engineering prowess but also reflect the...
The founder of Gunna Drinks, known for their anti-plastic stance, has unveiled a bold new venture with the launch of Water Almighty, the UK's premier aluminium-bottled functional water. This initiative comes hot on the heels of the recent announcement of their state-of-the-art aluminium bottling facility, The Sustainable Bottling Co. With its aluminium-bottled, mineral-enriched waters, this new venture aims not only to quench thirst but also to combat the plastic scourge that clutters our shelves and endangers our planet. As the first of its kind in the UK, Water Almighty stands tall as a beacon of sustainability, offering retailers and consumers alike a refreshing, carbon-neutral, and conscience-clearing choice. About Water Almighty Water Almighty aims to combat plastic bottle waste by...
World primary aluminium production started 2024 with an annual rise of 2.36 per cent, reaching 6.039 million tonnes during January, according to the International Aluminium Institute survey. On a month-on-month basis, the output remained restrained compared to 6.042 million tonnes. The world's primary aluminium output in January 2024 was majorly contributed by China, the world's largest producer, accounting for 58.98 per cent. According to IAI, China, during the said month, produced 3.562 million tonnes of primary aluminium, which remained mostly unchanged from the previous month's output of 3.565 million tonnes. On a year-on-year basis, China's primary aluminium production in January 2024 edged an increase of 2.83 per cent from 3.464 million tonnes. The country's daily average production...
On February 16, 2024, the technology leader in electrification and automation, enabling a more sustainable and resource-efficient future, disclosed its agreement to acquire a global, energised asset optimisation leader focused on optimising asset safety, reliability, and maintenance for more than 800 active clients operating in multiple industries and markets around the world. The acquisition will enhance the company's Electrification Service portfolio, providing customers with enhanced expertise in predictive, preventive, and corrective maintenance, electrical safety, renewable energy, and asset management advisory services. The Swedish-Swiss multinational corporation headquartered in Västerås, Sweden, and Zürich, Switzerland ABB has entered into an agreement to acquire Beachwood, Ohio,...
Canalum, the National Chamber of the Aluminum Industry in Mexico, reaffirmed its support for the Ministry of Economy's efforts to defend the nation's aluminium industry against unfounded claims from the United States. The controversy revolves around the alleged lack of transparency and concerns about Mexican aluminium exports. Let's delve into the key points and the industry's response. Canalum strongly refuted accusations that Mexico serves as a triangulation bridge for aluminium products from Asia. The chamber highlighted its commitment to transparency, collaborating with surveillance institutions like the SE and SAT to maintain clarity in trade practices. Virtual dialogue between Raquel Buenrostro and Katherine Tai The recent virtual meeting between Raquel Buenrostro, head of the...
Evtec Aluminium, a company currently in discussions for acquisition by Blackboxstocks , has recently welcomed three distinguished professionals to its board of directors. This strategic move coincides with Blackboxstocks' share price rise to $2.51, marking an impressive increase of 310.47 per cent from the previous year. Effective April 1, 2024, the new members will include: Julia Steinbrenner, Co-President of the New York Yankees Foundation and Co-Owner of Steinbrenner Racing Steve Norris, former UK Minister for Transport and an automotive industry veteran Steve Illot, former Chief Investment Officer for BMO Asset Management in North America Upon the merger with Evtec, it is anticipated that Ms Steinbrenner, Mr Norris, and Mr Illot will join the Board of Directors at Blackbox. Evtec...
On February 21, 2024, Century Aluminum Company announced its fourth quarter and full-year results for 2023, revealing net sales of $512.3 million in Q4 2023 and $2,185.4 million in the entire year. Both in Q4 and full-year, Century's net sales experienced a downfall of 6.03 per cent (sequentially) and 21.31 per cent (Y-o-Y), respectively, from $545.2 million and $2,777.3 million. Net sales in the fourth quarter fell despite a 1 per cent Q-o-Q rise in primary aluminium shipments from 171,995 tonnes to 173,871 tonnes. Shipments in full-year stood at 700,680 tonnes, down by 8.85 per cent from 768,691 tonnes. Century's fourth quarter results were primarily impacted by $9.2 million of net exceptional items, in particular $7.4 million related to the power equipment failure at Jamalco, $2.9...
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...
The latest report by Metal Packaging Europe and European Aluminium shows that the overall recycling rate for aluminium beverage cans in the European Union, United Kingdom, Switzerland, Norway, and Iceland went up by 3.2 per cent to a new record level of 76 per cent (76.1 per cent). The total amount of aluminium recycled from cans reached a record level of 570,000 tonnes, an increase of 60,000 tonnes from the previous year. This represents a total Greenhouse Gas (GHG) emissions saving of 4.7 million tonnes of CO₂eq (equivalent to the annual amount of GHG produced by a European city of more than half a million inhabitants like Antwerp or Poznan 1 .) Beverage cans manufacturers (members of Metal Packaging Europe) and their aluminium suppliers (members of European Aluminium) are pleased with...
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...
The global leader in developing, manufacturing, and recycling aluminium products and solutions, Constellium, on February 21, 2024, reported results for the fourth quarter and full year ended December 31, 2023. Fourth quarter 2023 highlights: Shipments of 336 thousand tonnes, down 9 per cent compared to Q4 2022 Revenue of €1.6 billion, down 13 per cent compared to Q4 2022 Value-Added Revenue (VAR) of €681 million, down 2 per cent compared to Q4 2022 Net income of €11 million compared to net income of €30 million in Q4 2022 Adjusted EBITDA of €171 million, up 15 per cent compared to Q4 2022 Cash from Operations of €185 million and Free Cash Flow of €58 million Full-year 2023 highlights: Shipments of 1.5 million tonnes, down 6 per cent compared to 2022 Revenue of €7.2 billion, down 11 per...
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...
