
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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Prime Minister Sheikh Mohammed bin Rashid al-Maktoum announced on February 18, 2023, that the United Arab Emirates achieved a historic milestone in its non-oil trade, reaching around $952.93 billion (3.5 trillion dirhams) in 2023. This remarkable accomplishment underscores the nation's commitment to diversifying its economy and reducing its dependence on oil. Thani Al Zeyoudi, the Minister of Foreign Trade, announced that trade in non-oil goods experienced a significant increase of 12.6 per cent since 2022. Additionally, exports of goods and services have exceeded 1 trillion dirhams, marking a new record. The Gulf oil exporter signed a series of bilateral trade, investment, and cooperation agreements in 2021 called Comprehensive Economic Partnership Agreements (CEPAs). These initiatives...

Bermuda's government has granted Singapore's Strategic Marine a contract to build two catamaran ferries intended for commuter and tourist voyages. The world’s leading shipbuilder, Strategic Marine, is a Singapore-based company that produces quality, high-performance aluminium ships for various markets, such as windfarm crew transfer, fast crew boats, ferries, and defence. The delivery of these vessels is slated to start in the fourth quarter of 2025. These ferries will be constructed entirely from aluminium and will feature amenities to accommodate up to 550 passengers, including designated wheelchair spaces. AL Circle's latest industry-focused report, "Global Aluminium Industry Outlook 2024", estimates that the shipbuilding industry employs approximately 1-1.2 million tonnes of aluminium...

The Norwegian aluminium giant Hydro faces a 43.88 per cent drop in adjusted EBITDA for 2023, attributed to market challenges. Hindalco reports a robust Q3 FY2024, with a 71 per cent YoY increase in net profit. EGA collaborates with the UAE's AI office to accelerate digitisation in industrial sectors, showcasing a commitment to Industry 4.0. Russian aluminium maintains a 90 per cent presence in LME-approved warehouses. The LME aluminium price has soared upward by 0.68 per cent over the week from US$21,188 per tonne on February 12 to US$2,203 per tonne on February 16. Hydro’s adjusted EBITDA for 2023 drops significantly by 43.88% Y-o-Y In 2023, Hydro's adjusted EBITDA dropped significantly by 43.88 per cent YoY, mainly attributed to lower sales prices, reduced volumes, and increased fixed...

Wold Top Brewery, an East Yorkshire-based beverage company, has made a significant investment in a new canning line and launched its first canned beer, Wild Swim, a 4 per cent ABV lager. Crafted by brewer Henry Culpepper, Wild Swim is a 4% alcohol, comes in aluminium packaging and features a stripped-back, clean, and refreshing lager, marking the brewery's debut in the canned beer market. Throughout 2024, the brewery plans to unveil a series of six limited-edition canned beers, with Wild Swim leading the way. Supplied by the British company MicroCan, the canning line at Wold Top Brewery boasts an impressive capacity of up to 2000 aluminium cans per hour. Brewery director Alex Balchin said, "Our contract customers have been asking us to provide a canned beer packaging service for quite a...

Alumil India, the wholly-owned Indian subsidiary of Alumil Group, a renowned company in designing and producing premium architectural aluminium systems, has unveiled its strategic expansion plans focused on key regions in Southern, Western, and Northern India. Recently, the company inaugurated a partner showroom in Noida as part of this initiative. It aims to establish stores in Chandigarh and Jaipur in the North and Coimbatore and Chennai in the South. Additionally, Alumil India is gearing up to enhance its presence in Nagpur, Pune, and Surat by March 2024. Since its inception in 2015, Alumil India has successfully executed over 50 projects and is now geared towards fortifying its geographical reach across the nation. Theodoros Axouristos, the Managing Director of Alumil India, said,...

Ball Corporation has received approval to finalize the sale of its aerospace business to BAE Systems for $5.6 billion. Initially announced in August 2023, the agreement was expected to conclude in the first half of 2024. However, this week, Ball reported that the U.S. Department of Justice concluded its review under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, allowing the review period to expire. Alongside previous regulatory approvals from entities such as the Defence Counterintelligence and Security Agency and the Committee on Foreign Investments in the United States, both parties anticipate completing the transaction shortly. Morgan Stanley & Co. LLC acted as Ball Corporation’s financial advisor. At the same time, legal and regulatory counsel was provided by Skadden,...

The global market for can coatings is projected to experience a steady growth rate of 5 per cent CAGR from 2023 to 2035, with anticipated revenue reaching $4 billion by the end of 2035, compared to $3 billion in 2022. This growth is primarily attributed to the expanding food and beverages industry, where can coatings play a crucial role in preserving both the interior and exterior surfaces of cans, ensuring the long-term freshness of food and beverages. The increasing consumption of packaged beverages worldwide further contributes to this trend. For instance, in 2021, the global consumption of packed water surpassed 472.1 billion litres, making it the most consumed packed beverage globally. Similarly, packaged alcoholic beverages accounted for approximately 261 billion litres, while dairy...

NTPC Limited, India's leading integrated power utility, and National Aluminium Company Limited (NALCO), a prestigious Navaratna Company, have entered a non-binding Memorandum of Understanding (MoU). This non-binding agreement embarks on a journey of exploration across diverse energy landscapes, including coal-based thermal, solar PV, wind, and other renewable energies, alongside innovative energy storage solutions. The objective is to provide approximately 1200 MW of uninterrupted, round-the-clock power to meet NALCO's requirements for expanding its smelter plant capacity in Angul, Odisha. This significant agreement was formalised in the presence of Shri Dillip Kumar Patel, Director (HR) of NTPC, and Shri Jagdish Arora, Director (Project & Technical) of NALCO, at the SCOPE Complex in New...

Trivium Packaging, a powerhouse in the global metal packaging industry with a valuation of $3.3 billion, was honoured with the prestigious Award of Distinction in Package Innovation within the Technical Design category by PAC Global. The company also received the coveted WorldStar Global Packaging award in the Alcoholic Beverages category for its exceptional contributions to AMBEV S.A.'s Budweiser limited edition 2022 World Cup aluminium beer bottles. This esteemed honour underscores Trivium's commitment to pushing the boundaries of packaging innovation, sustainable design, and brand marketing. This marks the fourth consecutive year that Trivium has been honoured at the PAC Global Awards, a testament to its ongoing excellence in the field. About the WorldStar award Organised by the...

The bauxite mining subsidiary of Emirates Global Aluminium, Guinea Alumina Corporation (GAC), intends to set up an alumina refinery in Guinea with an annual capacity of 1 million tonnes. EGA is the world's largest 'premium aluminium' producer. GAC is jointly owned by Mubadala Development Company and the Investment Corporation of Dubai (ICD), with equal ownership stakes. Youssuff Sylla, the Director General of GAC, speaking at the Round Table of Donors (RTD) organised by the government of Guinea in Dubai, said, "Full details about the project and timelines will be announced in due course." During the media Round Table, the Minister of Planning and International Cooperation, Guinea, Rose Pola Pricemou, stated, "The RTD is about securing essential funding and establishing long-term strategic...

Tom Giddings, executive director of Alupro, looks to the year ahead and explains what the aluminium packaging recycling industry wants to see in 2024. Reflecting on the preceding 12 months, Giddings characterizes it as a period marked by frustration within the packaging value chain. The industry encountered setbacks such as delays in anticipated consultations, unsatisfactory governmental decisions, and fluctuating PRN (Packaging Waste Recovery Note) prices, all contributing to dissatisfaction. A sight of hope Nevertheless, amidst the challenges, there were significant achievements to celebrate. The long-awaited consultation response on Deposit Return Schemes (DRS) marked a substantial stride forward, providing clarity and direction. Additionally, establishing an official timeline for the...

Spot prices for aluminium ADC12 alloy ingot, equivalent to automotive-grade, experienced a weekly increase of INR 3,500 per tonne, reaching INR 202,000 per tonne ex-works in Delhi, excluding GST. This rise is primarily linked to the escalation in local Tense scrap prices, mainly due to shortages observed in both northern and southern regions of India, according to BigMint's analysis. Why the surge in costs? In the north Indian market, soaring prices resulted from a scarcity of vital raw materials, especially tense scrap, currently priced at INR 171,000/t exy Delhi (excluding GST). Presently, tense offers in Chennai stand at INR 165,000/t. However, bids are in the range of INR 162,000-163,000/t. Considering the ongoing scarcity in the tense scrap market, prices are likely to reach INR...

Elementum 3D, a leading developer and supplier of metal additive manufacturing (AM) advanced materials, print parameters, and services, is pleased to share that, working with TRUMPF Inc., its A6061-RAM2 alloy enabled a redesigned, additively manufactured “backbone” for INTENSE Cycles’ re-visioning of its legendary M1 downhill race bike. Competition between mountain bike manufacturers is just as extreme as among professional downhill riders racing to get down the course first. The bicycle industry is increasingly exploring using additive manufacturing (AM), or 3D metal printing, to prototype and print groundbreaking production parts. INTENSE has been a bicycle industry and downhill bike leader for three decades, producing high-end carbon fibre and aluminium rides proven on the race circuit...

In the heart of the Asia-Pacific region, Tomago Aluminium stands tall as an industry giant, shaping the aluminium landscape. Dennis Moncrieff, the company's IT superintendent, guides us through their digital transformation journey, a saga of challenges, lessons, and strategic decisions. Moncrieff highlights the crucial nature of digital transformation in today's business landscape. While in conversation with the CIO, in simple words, he illustrated: "Sure, digital transformation is a buzzword that's been bouncing around for a long time, but digitising your processes remains important because no modern business can afford to run an old, unpatched, and unsupported version of something. It's just too risky." Tomago faced a pivotal decision in 2015, which led to transforming its ERP system to...

Emirates Global Aluminium (EGA), the world's premium aluminium producer and the largest industrial entity in the United Arab Emirates, takes immense pride in hosting and sponsoring the Alumina 2024 Conference, Exhibition, and Workshop centred on the theme "Beyond the Cycle." At the heart of Alumina 2024 lies the ground-breaking "Net Zero Alumina Refining" Workshop under the auspices of the International Aluminium Institute (IAI). This workshop embodies a collective commitment to steer alumina production towards a sustainable, low-carbon trajectory, aligning with the imperative of a future world characterised by environmental stewardship. About the workshop In the esteemed tradition of AQW, "for the industry, by the industry," Alumina 2024 boasts a world-class technical program. With over...

Sims Metal, an international leader in metal recycling, has invested in an electric car flattener at its Allens Avenue site, replacing the previous diesel model. The state-of-the-art equipment, weighing 60,000 pounds, is expected to cut the site's CO2 emissions by 9.6 tons annually. The initiative aligns with Sims Metal's commitment to sustainability and the State of Rhode Island's 2021 Act on Climate. Mike Kiwanis, Sims Metal's General Manager, highlighted the company's $300,000 investment in the electric car flattener. "This significant investment in new, greener technology demonstrates how we are delivering on our company purpose, promoting a world without waste to preserve our planet, and ensuring our operations have as little impact on the environment as possible," exemplified...

Guinea is poised to secure approximately $4 billion in funding from the United Arab Emirates this week. Under the junta ruling since 2021, the government has strategically engaged with development funds and investors in Dubai to support key sectors such as infrastructure, healthcare, and education. Rose Pola Pricemou expressed optimism, confirming that the nation is on track to meet its financial goals. Pricemou is the Minister of Planning and International Cooperation. Notably, the funds include contributions from Gulf state investors, with major support from UAE state-owned Emirates Global Aluminium, a pivotal player in Guinea's bauxite-rich landscape. "We are in a good way to raise what we expect," Rose Pola Pricemou said to reporters late on February 15, after the meet-and-greet with...

The Aluminium Stewardship Initiative (ASI) has recertified Novelis with the ASI Performance Standard V3 for all aluminium production activities at its Nachterstedt sites. This recertification encompasses Novelis Sheet Ingot GmbH, the recycling site, which involves shredding, de-coating, melting, and casting processes. The certification extends to the Novelis Deutschland GmbH Nachterstedt Werk facility, where processes include cold rolling, heat treatment, coating, and finishing. These recertification, conducted after June 1, 2023, adhere to the 2022 Standards, demonstrating Novelis' commitment to upholding industry-leading sustainability practices. On December 2023, Novelis announced its achievement of securing Performance Standard Certifications by the Aluminium Stewardship Initiative...