
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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Novelis Inc., the world's leading sustainable aluminium provider and a global leader in aluminium rolling and recycling , has announced that it has signed a green Power Purchase Agreement (PPA) with Statkraft, the largest producer of renewable energy in Europe. This PPA will encompass a significant portion, up to 40 per cent, of the electricity consumption at two key Novelis manufacturing facilities in Germany: Nachterstedt Recycling and Nachterstedt Rolling . This agreement represents approximately 16 per cent of the company's overall electricity usage in Germany. Emilio Braghi, the Executive Vice President of Novelis Inc. and President of Novelis Europe, said, "Enabling our plants to power a significant part of their production with renewable electricity while decreasing carbon...

Tesco is introducing the UK's inaugural tubeless kitchen foil, heralding a significant step towards sustainability. With the implementation of an advanced rolling machine, Tesco is pioneering this innovative product, which will spare 12.5 million cardboard rolls annually. This week, Tesco patrons will have the privilege of being the first to experience the redesigned aluminium foil made possible by this groundbreaking initiative. By eliminating the need for cardboard cores, Tesco underscores its dedication to reducing superfluous packaging, resulting in an annual saving of 330 tonnes of cardboard. Bronwen Williams, the Technical Manager at Tesco who has been involved in the project, said, “This new machine has revolutionised foil production, saving hundreds of tonnes of cardboard from...

South Korea acquired 3,000 tonnes of high-grade primary aluminium ingots of Malaysian origin through a tender process, as announced by the state-operated Public Procurement Service on February 14, 2024. As per the information available on the government procurement agency's website, the purchase particulars are outlined below: 2,000 tonnes from Sumitomo Corp at a premium of $115 CIF/T, with an arrival scheduled for January 31 st at the port of Busan. 1,000 tonnes from LG International Corp at a premium of $114 CIF/T, also set to arrive on January 31 st at the port of Busan. The agreements were finalised with premiums above the London Metal Exchange cash prices, as the metals are required to be registered on the LME. According to the OECD, South Korea's per capita aluminium consumption was...

In the heart of India, where the land echoes the tales of progress, Vedanta Lanjigarh emerges as a beacon of innovation in the aluminium industry. This premier producer of metallurgical grade alumina, a gem in Vedanta Aluminium's crown, is not just shaping the future of metal production but is also etching a remarkable legacy in sustainability. Vedanta Lanjigarh has embarked on an extraordinary journey to revolutionise its operations, envisioning a greener tomorrow. The company's recent foray into biodiesel applications is a testament to its commitment to decarbonise by 2050. Through successful trial runs, Vedanta has harnessed the power of biodiesel, a 'green' fuel derived from biomass, to propel its fleet of commercial vehicles. Biodiesel unveiled: A green elixir for a sustainable...

Hindalco Industries, a primary player in the aluminium industry, is intensifying its commitment to sustainability. Satish Pai, the Managing Director, envisions achieving the first phase of the interim greenhouse gas (GHG) reduction target well before 2030. By 2030, through the completion of the initial phase of the pumped hydro project, Hindalco aims to secure more than 30% of its energy requirements from renewable sources. The company's aspirations extend beyond, aspiring to attain carbon neutrality by 2050. The game-changing Pumped Hydro Project Pai highlights the significance of the pumped hydro project, anticipating a substantial impact on reducing carbon emissions. The successful implementation could propel Hindalco towards achieving its energy mix targets ahead of schedule. "Once...

Water Can is an innovative water brand born from the collaborative efforts of the creative agency Thinkerbell and Mr B, the visionary behind Laneway Music Festival. Crafted from 100 per cent purified still or sparkling water, it comes in an aluminium can, eliminating the need for plastic bottles. Embodying its name, Water Can pledges to champion the exclusive benefits only pure water can deliver. “Water Can is a fun step into co-ownership of brands and product design for Thinkerbell, and the team has done a great job in coming up with a water brand that’s pretty interesting,” said Adam Ferrier of Thinkerbell and Water Can. Water Can, the eco-conscious brand, debuted at festivals like Laneways Music Festival, offering its refreshing contents in convenient screw-top cans. Alongside...

February 19, 2024, marks a significant milestone for Chemship as it launches its inaugural vessel equipped with wind-assisted propulsion, setting a new standard in sustainable shipping. The MT Chemical Challenger, a pioneering chemical tanker, now boasts the distinction of being the first of its kind globally to integrate eco-friendly wind technology into its operations. Assigned to ply the Trans-Atlantic route connecting the United States East Coast with the Mediterranean, this vessel heralds a new era of environmentally conscious maritime transportation. The recent installation of four 16-meter-high aluminium wind sails on the 134-meter-long ship represents a groundbreaking advancement. Manufactured by Econowind, these VentoFoils provide a direct wind surface of 180 m2. Through...

The City is thrilled to unveil the newly completed public facilities at St Leonard's Foreshore, made possible through generous funding from the Australian Government's Community Development Grants Programme (CDG). The new furniture is crafted from recycled aluminium engineered to endure the rigorous coastal conditions of St Leonards. These new additions are specifically crafted to foster inclusivity, ensuring that individuals of all abilities can fully embrace the breathtaking coastal ambience. This marine-grade furniture exemplifies a sustainable ethos, perfectly aligned with the City of Greater Geelong's dedication to reducing waste generation and promoting enduring waste management solutions. On a momentous occasion, Federal Member for Corangamite, Libby Coker MP, and Mayor Trent...

To bolster UAE's industrial prowess, KEZAD Group and Automotive Precision Technology (APT), a subsidiary of Al Ghurair Group, have signed a lease agreement for a cutting-edge automotive aluminium component manufacturing facility. The 30,000 sq meters facility, set to operate by early 2025, will be located adjacent to Emirates Global Aluminium (EGA), positioning it as a critical player in the global aluminium supply chain. The signing ceremony, attended by His Excellency Omar Al Suwaidi, marks a significant milestone in industrial partnerships. Suwaidi is the Undersecretary of the Ministry of Industry and Advanced Technology. This collaboration aligns seamlessly with the 'Make it in the Emirates' campaign and the National Strategy for Industry and Advanced Technology. The goal is to...

On Saturday, February 17, a major fire erupted in a company situated at Kudalwadi near Chikhali, triggered by a furnace overheating. As per the reports, the company is known for manufacturing aluminium sulfate and magnesium sulfate dust. On the day of the accident, the workers had been loading aluminium sulfate and magnesium sulfate powder into the furnace when an unexpected surge in temperature occurred. This sudden rise in heat precipitated an explosion within the furnace. The fire brigade was alerted around 6:15 pm on Saturday and promptly dispatched five fire tenders and water tankers to the scene. “The company makes dust of aluminium sulfate and magnesium sulfate, and the workers had poured the aluminium powder and other chemicals in the furnace. All of a sudden, the temperature in...

JDE Peet’s is set to revolutionise the coffee industry in Great Britain, as it announces the production, distribution, and sale of Costa Coffee branded aluminium coffee capsules starting September 2024. Since 2012, JDE Peet’s collaboration with Costa Coffee has been pivotal in unlocking category growth, particularly with Costa Coffee-branded single-serve coffee pods for the Tassimo brewer system. The expanded partnership signals a strategic move to drive future growth in Great Britain. Aluminium Capsules for L’OR Barista System: A Premium offering JDE Peet’s recent launch of the L’OR Barista coffee brewer system in the UK has set the stage for a broader selection of coffee drinks. The collaboration allows JDE Peet’s to enhance its in-home espresso-based technology and offer consumers a...

Assan Aluminyum, a trailblazer in the flat-rolled aluminium sector, has secured its position as a sustainability frontrunner by participating in the esteemed CDP 2023 Climate Change program. Notably, the company earned an impressive 'B' rating, surpassing both global industry averages and the worldwide metal industry benchmark. In the latest evaluation by CDP , a London-based international non-profit organisation, Assan Aluminyum, a subsidiary of the Kibar Group and a key player in the European aluminium foil manufacturing arena, demonstrated exceptional environmental performance. This accomplishment marks a significant milestone, making Assan Aluminyum the first company in Turkey to report on climate change and environmental performance through CDP. The General Manager of Assan Aluminyum...

Contact Energy Limited, a New Zealand electricity generator, natural gas wholesaler, and electricity retailer, has experienced phenomenal financial growth in six months, ending December 31, 3023, buoyed by potential deals with aluminium smelters. As per the report, Contact Energy has earned a net profit of $153 million, up 70 per cent from the previous year and the highest in the past four years, despite extreme market volatility. Factors like increased energy costs and higher wholesale prices enabled the company to achieve this spectacular growth in profit. The need to “firm” intermittent renewable generation and high construction costs for thermal generation, particularly gas and wind power, contributed to the unexpected energy prices. In the six-month financial report, Contact Energy...

Aluminium scrap holds indispensable significance within manufacturing sectors worldwide, emerging as a pivotal commodity. Its allure lies not just in its economic appeal but also in its profound environmental virtues. Recycling aluminium emerges as a hero in the fight against energy depletion and environmental degradation, offering a beacon of hope in sustainability. Yet, within this realm of aluminium recycling lie various types of scrap, each endowed with distinctive properties tailored for specific applications. This article delves into the diverse categories of aluminium scrap, unravelling their attributes and suitability for various purposes. In the world of aluminium, where versatility is vital, AL Biz recognises the paramount importance of aluminium scrap to cater to the specific...

On Monday, February 19, the National Bank of Oman (NBO) agreed to provide a working capital facility worth US$50 million to Sohar Aluminium Co. LLC for its operational requirements. The news came after Abdullah Al Hinai, Chief Executive Officer at the National Bank of Oman, and Engr Said Mohamed Al Masoudi, CEO of Sohar Aluminium, signed an agreement to attain mutually advantageous goals while contributing to the overall economic development of the Sultanate. The agreement represents NBO's commitment to help its corporate clients with banking and financial services. A working capital facility valued at US$50 million will substantially elevate Sohar Aluminium's operational capabilities. Ghadeer Iqbal Al Lawati, Assistant General Manager - Head of Project Finance and Syndication at National...

Territory Pharmacy, the largest pharmacy group in the Northern Territory, Australia, has initiated the pioneering free blister pack recycling program across the territory. This initiative is made possible through a partnership with TerraCycle ® , an innovative recycling company. Let's know about Territory Pharmacy Territory Pharmacy is a leading pharmacy group at the heart of Northern Territory healthcare and was founded alongside Northpharm in 2000. The group is owned and operated by a team of pharmacists and supported by a dedicated Territory workforce. The community pharmacies are situated in Darwin, Katherine, and Alice Springs. Territory Pharmacies deliver pharmacy, health, and wellbeing services in these regions. Northpharm Group is a reliable, experienced partner for government...

On Monday, February 19, China’s A00 aluminium ingot price dropped by RMB 90 per tonne to arrive at RMB 18,820 per tonne, with the average prices between RMB 18,800 per tonne and RMB 18,840 per tonne. The spot contract prices may be traded at a premium price of RMB 0 to RMB 40 per tonne. As per the SMM data, the prices have shown a fall in all the provinces, with the highest in Gongyi, where it has dropped by RMB 120 per tonne to settle at RMB 18,720 per tonne. On the same day, the prices in Wuxi, Hangzhou, and Tianjin dipped by RMB 90 per tonne to peg at RMB 18,820 per tonne. In Foshan, the A00 aluminium ingot price has slipped by RMB 80 per tonne to reach RMB 18,840 per tonne. In Linyi and Shenyang, the domestic aluminium ingot prices have contracted by RMB 60 per tonne and RMB 40 per...

LME aluminium opened at US$2,220 per tonne last Friday, with its high and low at US$2,238 per tonne and US$2,214 per tonne, respectively, before closing at US$2,217.35 per tonne, down by US$6.50 per tonne or 0.29 per cent. On Friday, February 16, LME aluminium cash bid price and LME aluminium official settlement price stood at US$2,202 per tonne and US$2,203 per tonne, respectively, experiencing a dip of US$2.50 per tonne and US$2 per tonne from the previous day. However, on a week-on-week basis, the LME aluminium benchmark price stood US$22.50 per tonne or 1.03 per cent higher than US$2,180.50 per tonne, and on a month-on-month calculation, edged a hike of US$ 44.50 per tonne or 2.06 per cent from US$2,158.50 per tonne. On the same day, 3-month bid price and 3-month offer price grew by...