Venezuela's aluminum industry could be making another move into the US market as commodity traders and mining investors explore a fresh shipment of primary aluminum. The discussions signal renewed commercial engagement between the two countries and could open another supply channel for US aluminum consumers. The proposed cargo would follow the return of Venezuelan aluminum to the US after years of restricted trade. However, the negotiations remain ongoing, and the potential shipment's significance will depend on whether the renewed trade activity develops into a sustained flow of 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 " Mercuria and...
Novelis has supplied approximately 100,000 m² of aluminium façade materials for six construction projects across the UK, highlighting the metal's growing role in architectural design, infrastructure modernisation and urban regeneration. The materials have been used across developments in Glasgow, Manchester, Birmingham and London, covering applications ranging from transport infrastructure and residential refurbishment to commercial and mixed-use buildings. The projects demonstrate the versatility of aluminium in modern building envelopes, with Novelis supplying architectural materials designed to combine durability, aesthetic flexibility and performance. Aluminium supports diverse architectural applications Commenting on the projects, Michael Hahne, Vice President Commercial of Novelis...
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The Goa Non-Biodegradable Garbage (Control) (Amendment) Act, 1996, was amended on Tuesday by the state cabinet to make it necessary for brand owners, manufacturers, and importers to collect and dispose of non-biodegradable waste, including aluminium and glass. The proposed amendment defines brand owners, manufacturers, and importers, as well as the obligation to collect and dump non-biodegradable packaging rubbish at designated locations and collection centres or with the agency recognised by the state government. "This will make it mandatory for brand owners, producers and importers to collect PET bottles, glass bottles, aluminium cans and other non-biodegradable garbage and deposit the waste at locations specified by the state government and bear the expenditure for the same," said the...
Japanese buyers have reportedly agreed to the premium of $127.50 per tonne for aluminium shipments for the third quarter of 2023, close to $125-130 per tonne range in the previous quarter ended June 30. The premium remains restrained for the September quarter due to ample stocks and sluggish domestic demand. The premium for Q3 is decided after extensive negotiations whereby producers demanded higher premiums than the previous quarter but buyers sought to cut levels, said the sources directly involved in pricing talks. The negotiations began in late May between Japanese buyers and global suppliers, including Rio Tinto and South32. One of the sources even said that some buyers wanted to fix the premium at $110-110 per tonne but ran out of time in negotiations. Japanese aluminium producers...
LME aluminium opened at US$2,204.5 per tonne on Tuesday, with its high and low at US$2,286 per tonne and US$2,244 per tonne, respectively, before closing at US$2,253 per tonne, a decrease of US$34 per tonne, or 1.49 per cent, from Monday. On Tuesday, August 1, both LME aluminium cash bid price and LME aluminium official settlement price gained US$21 per tonne or 0.95 per cent and US$21.5 per tonne or 0.97 per cent to settle at US$2,216 per tonne and US$2,217 per tonne. On the same day, 3-month bid price and 3-month offer price grew by US$20 per tonne or 0.89 per cent to halt at US$2,260 per tonne and US$2,262 per tonne. December 24 bid price and December 24 offer price were hiked by US$17 per tonne or 0.70 per cent to close at US$2,417 per tonne and US$2,422 per tonne. LME aluminium...
Recently, the United States and Mexico successfully resolved a worker rights probe conducted at a Draxton auto parts plant in central Mexico. This marks a significant development as the latest labour complaint to be closed under a regional trade deal between the two nations. In May 2023, the U.S. government requested Mexico to investigate possible obstructions preventing workers from establishing a new union at Draxton Mexico, located in the central city of Irapuato, Guanajuato state. This facility manufactures aluminium and steel components for renowned car manufacturers, including Chrysler, Ford, and Audi. Draxton is a subsidiary of Grupo Industrial Saltillo, a prominent Mexican conglomerate. As part of an unprecedented initiative to uphold workers' rights to organize unions, the United...
The world alumina production in June 2023 stood at 11.310 million tonnes, bringing the Q2 output to 34.613 million tonnes. Compared to 33.372 million tonnes in Q1 and 35.556 million tonnes in Q2 2022, the world alumina production in Q2 2023 edged a quarterly increase of 3.72 per cent and an annual fall of 2.65 per cent, respectively, found the International Aluminium Institute survey. On a month-on-month calculation, the world alumina production in June 2023 decreased by 4.78 per cent from 11.878 million tonnes, and on an annual basis declined by 4.4 per cent from 11.830 million tonnes. During the first half of 2023, world alumina production totalled 67.985 million tonnes, down by 1.63 per cent from 69.112 million tonnes a year ago. In China, alumina production during June 2023 was 6.735...
Foshan RuiMeil Aluminum Co ., Ltd., founded in 2011, operates out of a spacious production area exceeding 2,000 square metres in Foshan, China. AL CircleBiz is quite excited to announce the inclusion of this great Chinese Company into its existing database of 1200+ verified customers. The company is a fully integrated manufacturer of aluminium furniture, offering extrusion, research and development, and customization services. Its product line includes all aluminium furniture profiles, boards, materials, and accompanying accessories to suit diverse household designs. The company's aluminium board materials and aluminium extrusion profile system are versatile and have been used to create various products, such as aluminium cabinets, TV cabinets, wine cabinets, wardrobes, bookcases, tatami...
University of New South Wales (UNSW) researchers in Australia have developed a new technique for recycling end-of-life photovoltaic (PV) panels, which can separate 99% of PV cell particles. Recycling PV panels is quite a task because innumerable components, such as glass, silicon, aluminium, wiring, and plastic, are integrated into a solar module, which makes them difficult to separate. According to the International Renewable Energy Agency, this will be a significant issue, with approximately eight million tonnes of PV waste being produced globally by 2030, and this number is expected to reach 78 million tonnes by 2050. The ProMO lab at the University of New South Wales (UNSW), Sydney, has developed a patented sieving process that can quickly and efficiently sort the component materials...
On Saturday, July 29, Manaksia Aluminium Company, one of the leading producers of aluminium sheet and coil, announced its quarterly financial results for the period ended June 30, 2023. The company reported a 24.32 per cent quarter-on-quarter downfall in total income from INR 121.1212 crores to INR 91.6667 crores. On a year-on-year calculation, the total income of Q1 FY2024 stood 17.20 per cent lower than INR 110.7086 crores. Manaksia also declared in its financial results a 47.97 per cent Q-o-Q plunge in net profit. In Q1 FY2023-24, the company yielded a net profit of INR 1.1019 crores as compared to INR 2.1180 crores in Q4 FY2022-23. On an annual basis, the net profit nosedived by 68.17 per cent from INR 3.4623 crores. Manaksia’s EPS also fell quarter-on-quarter during Q1 FY2023-24 by...
The City of Greater Geelong has launched an innovative end-to-end recycling program to divert blister packs from landfills. In collaboration with the Rotary Club of Geelong East and recycling business Pharmacycle, the Rotary Club of Highton has installed 60 blister pack collection boxes in ten regional pharmacies. Pharmacycle is the only program in Australia dedicated to responsibly recycling blister pack waste from local pharmacies. It collects discarded blister packs from registered pharmacies and puts them through mechanical recycling to separate the aluminium foil seal from the plastic blister. The process includes shredding, grinding, air-density separation, and electrostatic separation. The separated aluminium and plastic materials are kept in bulk bags and sent to end users. "The...
In accordance with Japan's Industrial Standards (JIS) outlined in JIS H 4000, AMAG's aluminium products have once again been awarded the coveted "JIS Mark Scheme" certification. This recognition reaffirms AMAG's reputation as a top-tier supplier known for delivering high-quality and dependable products, showcasing their strong dedication to the Japanese market. Notably, AMAG became the first European aluminium producer to receive the JIS seal of approval back in 2020, a testament to their unwavering commitment to meeting the most stringent international quality standards. AMAG has been granted the JIS certificate by the esteemed Japanese Quality Assurance (JQA), which serves as a significant opportunity to diversify its product portfolio for the Japanese market. This certification is...
Alumina Limited, a leading Australian company focused on investing in long-life, low cost bauxite and alumina assets, announced the hiring of Mr Alistair Field as a Non-Executive Director with effect from January 15, 2024. Mr Field has retired from Sims Limited as the Chief Executive Officer and Managing Director. Before working with Sims Metal, he held a number of executive and senior management positions in the mining and metals industry, including Ma’aden Aluminium’s Project (Saudi Arabia) Director in Operations, Rio Tinto’s Chief Operating Officer of Bauxite Alumina Pacific and Alcan’s Vice President of Operations Pacific Bauxite and Alumina. So, for having a diversified work experience in top-most positions in the metal and mining industry, Mr Field is expected to bring extensive...
According to some recent reports, the world's second-largest economy, China's investments in metals and mining in foreign countries, may attain an all-time high in 2023. The nation is making significant efforts to secure valuable resources to protect its status as the leading manufacturer of the latest trending sectors like electric vehicles (EV), batteries, solar panels, and wind turbines. During H1 2023, the Chinese companies' investments and new contracts in the mining and metals sector surpassed around $10 billion, as revealed in a report by the Green Finance & Development Center at Fudan University in Shanghai. Fudan University is a leading independent think tank providing research, advisory services, and capacity building for financial institutions and regulators for green and...
Alumex PLC, the leading aluminium manufacturer in Sri Lanka, recently concluded a successful program for its Lumin Certified Fabricators Club. This exclusive community recognizes the most skilled and certified fabricators for Lumin products. Since 1986, Alumex has been committed to supporting the local fabricator community. They've revolutionized the aluminium sector and earned the trust of thousands of consumers with their luxury brand, Lumin. The Lumin Certified Fabricators Club ensures the availability of well-equipped and well-trained fabricators, providing customers with unparalleled service and the best craftsmanship. In June 2023, Alumex held its latest ground-breaking initiative, which seamlessly connected the Lumin Fabricator Community while facilitating the exchange of...
LME aluminium opened at US$2,225 per tonne on Monday, with its high and low at US$2,289 per tonne and US$2,223.50 per tonne, respectively, before closing at US$2,287 per tonne, an increase of US$60 per tonne or 2.69 per cent. As per the LME aluminium price analysis , on July 31, the LME aluminium cash bid price and the LME aluminium official settlement price jumped by US$34 per tonne or 1.57 per cent to close at US$2,195 per tonne and US$2,195.50 per tonne. LME 3-month bid price also spiked by US$38 per tonne, settling down at US$2,240 per tonne, and LME 3-month offer price got boosted by US$39 per tonne or 1.77 per cent to halt at US$2,240 per tonne and US$2,242 per tonne. December 24 bid price and December 24 offer price both increased by US$35 per tonne or 1.48 per cent to anchor at...
The aluminium industry is brimming with opportunities due to its versatility and widespread applications across various sectors. With increasing demands for lightweight and sustainable materials in the automotive, aerospace, construction, and packaging industries, aluminium offers immense growth potential. Furthermore, advancements in recycling technologies and eco-friendly practices present avenues for sustainable development, making it an attractive sector for investors and entrepreneurs. While aluminium is considered the metal of the future, it needs to liberate itself from the burdens of legacy emissions, energy consumption, and other existing obstacles. Achieving success hinges on fostering collaboration and cooperation, and the AZ Global conference is precisely the place to share...
The Cookware Company Ltd's Jiangmen Anotech Cookware Manufacturing Co., Ltd. plant in Jiangmen, China, has received the Aluminium Stewardship Initiative (ASI) Performance Standard V3 (2022) Certification. The business focuses on the manufacturing of a variety of aluminium cookware. Because of its lightweight nature, outstanding durability, corrosion resistance, efficient heat conduction, and high thermal diffusivity, aluminium is an extraordinarily effective material for cookware. "We are thrilled to announce that Anotech Jiangmen has achieved the prestigious Aluminium Stewardship Initiative (ASI) certification. This certification is a testament to our unwavering commitment to sustainable practices and responsible aluminium production. The ASI certification recognizes our dedication to...
The leading Bulgarian manufacturer of aluminium rolled and extruded products, Alcomet, reported a decline in standalone net profit to 3.7 million levs (1.9 million euros) during H1 2023. This represents a significant drop from the 16.8 million levs recorded in the corresponding period of the previous year, mainly due to a decrease in revenue. According to the interim financial statement published on July 29, the company's total operating revenue for the year's first half decreased to 251.94 million levs, down from 434.5 million levs recorded during the same period the previous year. During H1 2023, there was a substantial decrease in the volume of goods sold, amounting to more than 31 per cent, with total sales reaching 30,222 tonnes. Specifically, sales of extruded products experienced...
Dongara Marine has been a cornerstone of the West Australian maritime sector since 1975. Established in its eponymous town by boat designer John Fitzhardinge, the company relocated to a newly built waterfront shipyard in Geraldton's harbour in 2022. Dongara Marine has been sourcing Capral Aluminium for its project since 2012 and has enjoyed a fruitful collaboration recognising its capacity, product quality, and reasonable pricing. "We use a lot of aluminium – an average boat would use about 15 tonnes of plate; a pilot boat would use 30 or more. Capral aluminium not only meets our demand but enhances our work process, effectively providing us with a 'big Meccano set' that makes assembly easier," said managing director and part-owner Rohan Warr. Capral offers precision-routed plate goods...
