LME aluminium prices gained ground on November 4, with cash and futures contracts moving higher. The Asian Reference Price also edged up, while exchange inventories declined. Alumina Platts prices, however, moved slightly lower. The cash bid rose by USD 53.50 per tonne , or 1.74 per cent, to USD 3,134.50 per tonne from USD 3,081 per tonne. The cash offer increased 1.72 per cent to USD 3,135 per tonne from USD 3,082 per tonne. Three-month aluminium prices also advanced. The bid climbed 1.08 per cent to USD 3,073 per tonne on November 4 from USD 3,040 per tonne, while the offer gained 1.05 per cent to USD 3,074 per tonne. It was previously at USD 3,042 per tonne . Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market...
The Volta Aluminium Company Limited (VALCO) has reported a provisional profit of USD 1.3 million within the first nine months of 2026, signalling progress in its efforts to restore operations and strengthen its financial position. The Ghanaian aluminium producer has also outlined an ambitious expansion target of processing 1.5 million tonnes of alumina within the next decade, supported by an estimated USD 4 billion investment. VALCO CEO Dr Robert Makila Sambian said the company was now focused on strategic capital investment to achieve its long-term production ambitions. He shared the update during the Ministry of Lands and Natural Resources' Progress Report Series, an initiative through which agencies under the ministry present updates on their activities and performance to the media....
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Pooja Castings Private Limited, a company based in Pune, India, is excited to announce its participation in the Newcast 2023 expo in Dusseldorf, Germany. This prestigious event provides a global platform for the company to present its high-quality aluminium casting solutions to manufacturing enthusiasts, global companies, and tech experts from around the world. Under the guidance of visionary engineer Anil Kulkarni, Pooja Castings has kept growing strong for the past 32 years. Pooja Castings has witnessed everything, from a small foundry with a modest annual turnover to becoming a respected and acclaimed aluminium Die Casting manufacturing partner. Their incredible profile of aluminium casting products serves the variable requirements of the engineering industry, with a focus on advanced...
Gaming on the go is a popular trend, with devices like the Nintendo Switch and Steam Deck making it possible. Asus has joined the market with its new offering, the ROG Flow Z13, which boasts a lightweight aluminium chassis. Depending on a user's needs, this portable device can be utilised as a tablet or gaming laptop. It comes with a detachable magnet keyboard and can support the company's XG Mobile external GPU. The ROG Flow Z13 is a premium product aimed at gamers and content creators. The tablet's design hasn't changed much from its predecessor, but it still stands out from other devices in the market. The aluminium alloy chassis is engraved with spacecraft-inspired designs and uses an anti-fingerprint coating to prevent handmarks. The device has a kickstand that can be opened to 170...
Aluminium Bahrain (Alba), the world's biggest aluminium smelter outside of China, was named the 'Metals & Mining Deal of the Year' at the Bonds, Loans & Sukuk Middle East Awards 2023. Alba was represented at the Awards event by its Senior Head of Treasury, Ali Al Hanan, who accepted the prize on the company's behalf. The event occurred on 07 June 2023 at Madinat Jumeirah Conference Centre in Dubai. "We are humbled to have been given this special recognition, which attests our approach to 'thinking outside the box' with refinancing our loan and linking it to ESG targets. We believe that Sustainability knows no borders as we aim to boost our efforts on all ESG fronts to meet the Kingdom's sustainability objectives," said Alba's Chief Executive Officer Ali Al Baqali. This year, Alba...
Happy Rainy Days' HR002 series umbrella features dual-strand carbon fibre rods with a rigid aluminium shaft. It has an extraordinary water-repellent coating for quick drying abilities and an extended lifespan. Plus, the one-touch automatic foldable design and Japanese cloth canopy make it user-friendly, as one can shake off raindrops and dry the umbrella in a flick. The HR002 series of umbrellas have a UPF level of 50+, which can obstruct 99% of UV rays from the sun; even on windy days, it will be of utmost importance to a user. These umbrellas are made of lightweight and durable materials, including a combination of aluminium and carbon fibre for the rod, making them slimmer and more robust than conventional umbrellas. In Singapore, where heat waves can be intense, the canopy of Happy...
The 15th edition of the most important trade fair in the industry, which gathers international experts and key decision-makers, will take place from June 12th to 16th in Düsseldorf, Germany. Calderys will showcase its aluminium expertise, iron & steel and foundry through one major theme: sustainability. On June 9, Calderys announced its participation in GIFA 2023. The Group will showcase its innovative and sustainable solutions in Booth C72 - Hall 10. 2023 is a year of change and evolution for Calderys. GIFA is the opportunity to meet Calderys as a standalone company, combined with HWI, and becoming one of the biggest refractories companies in the world and a leading world-class casting fluxes and bentonite-based solutions provider. By integrating complementary product portfolios and...
Teknodrom Valuable Maden Recycling Inc ., Turkey's first and only precious metals recycling plant, was established in 2015. Teknodrom, which began in the computer sector and subsequently moved on to the iron and steel business, gathered expertise in precious metal recycling (like gold, silver, and palladium), which was never done in Turkey. Apart from this, the Turkey-based facility is also known for producing 1,500 tonnes of aluminium billets (1xxx-2xxx-3xxx-4xxx-5xxx-6xxx-7xxx) and 500 tonnes of aluminium alloy ingots (EN Series) in Sakarya/Ferizli. One can visit Teknodrom's product page in AL CircleBiz to learn more about the products, their pricing and other information. AL CircleBiz, the world's first global marketplace, successfully onboarded the company, connecting millions of...
Marlish Waters from the UK has launched a new 150ml beverage can for its tonics and mixers range. To be retailed by mid-June, the new glass-free aluminium format launch will focus on four of the Northumberland-based brand’s most popular SKUs – English Tonic Water, Premium Lemonade, Ginger Ale and Soda Water. The co-founder and director of Marlish Waters, Joe Evans, notified: “Aluminium cans are infinitely recyclable and both cheaper and easier to recycle than glass. Cans also take less time to chill down in a fridge, requiring less energy to do so. Research has also shown that 150mls is the perfect quantity for a single-serve spirit and mixer, meaning no leftover mixer going to waste.” “If you then add in that fact that we have our own on-site canning line, powered by renewable energy,...
Guinea Alumina Corporation (GAC) and the Aluminium Corporation of China (Chalco) have signed a collaboration agreement to build an alumina refinery in the Republic of Guinea. This collaboration, which got underway in March with the signature of a memorandum of understanding, makes use of the combined expertise of both companies in the alumina refining industry. Emirates Global Aluminium, GAC's parent company, built the first alumina refinery in the UAE, creating the requisite national skills and capacities. On the other side, Chalco is a key player in China's nonferrous metals market, with a diverse asset portfolio. Following the military coup in the West African nation , Guinea, which is now recognized as the world’s highest exporter of bauxite, has demanded from international mining...
According to the Shanghai Metals Market survey, metallurgical grade alumina production in China during May 2023 (31 calendar days) amounted to 6.682 million tonnes, up 2.17 per cent from 6.54 million tonnes in April (30 calendar days). But the average daily output decreased month-on-month from 218,000 tonnes to 216,000 tonnes in May, although the number of production days in May was more than in April. The dip in daily output was due to the slow-down of new capacity growth and concentrated maintenance. China’s alumina production in May also fell 3.9 per cent on a year-on-year basis, citing the shut-down of some alumina facilities or lower operating rates due to poor profitability for high-cost alumina in Shanxi, Henan, Inner Mongolia, and other regions. As of the end of May, China’s...
Taber Extrusions, a leading aluminium extrusion company in the United States, applauds Senator Tom Cotton for spearheading this effort to push the Department of Commerce (DOC) to address the substantial concerns posed by un-tariffed imports to the US aluminium extrusion sector and its jobs. The Aluminium Extruders Council (AEC) and Senators Mitt Romney, Sherrod Brown, Debbie Stabenow, Rafael Warnock, Bob Casey, and Marco Rubio signed the letter in favour of Cotton. This week, the Aluminium Extruders Council (AEC) endorsed a bipartisan group of US senators' call for the DOC to modify its tariff on aluminium-extruded goods. According to the AEC, the existing approach has resulted in an 82 per cent increase in overseas extruded aluminium imports, increasing foreign importers' share of the...
Century Aluminum Company announced last week that the stockholders voted Tamla Olivier as a seventh director to the board, with a term expiring in 2024. Ms Olivier is presently associated with Pepco Holdings, part of the Exelon family of companies, as a Chief Operating Officer. She has been working with Exelon in the energy market for over a decade, looking after the company’s electric and natural gas operations in Delaware. Earlier, Ms Olivier held senior leadership roles at T. Rowe Price, United Defense, and Wells Fargo. Jesse Gary, President and CEO of Century Aluminum, said: “Adding Tamla to Century’s Board is a big win for the Company. Tamla brings significant expertise in the electric and gas utility industries, providing the Company with great insight into electric power generation...
Technology has emerged as a crucial driver in reshaping industries worldwide in today's quickly expanding environment. The aluminium industry is one sector experiencing profound changes due to technological advancements. Technology is vital in reshaping the future of aluminium production, from extraction and manufacturing processes to recycling and energy efficiency. With innovative solutions and cutting-edge tools, the aluminium industry is witnessing a paradigm shift that enhances productivity and sustainability and unlocks new possibilities for design and application. Here, we will discuss the pivotal role that technology is playing in revolutionizing the aluminium sector and examine the emerging trends changing its landscape. Advanced extraction techniques: Advances in technology have...
LME aluminium opened at US$2,261 per tonne last Friday, with its low and high at US$2249 per tonne and US$2,284.5 per tonne respectively before closing at US$2,262 per tonne, a drop of US$1.5 per tonne or 0.07 per cent. On June 9, Friday, the LME aluminium cash bid price and the LME aluminium official settlement price closed at US$2,220.50 per tonne and US$2,221 per tonne, travelling up the aluminium price graph by US$33.50 per tonne or 0.53 per cent each. The LME aluminium price has seen a major drop of US$100 per tonne or 4.3 per cent Month-on-Month from May 9 (US$2,321 per tonne) to June 9, last Friday. The 3-month bid price augmented by US$39.50 per tonne or 1.77 per cent and the 3-month offer price jumped by US$39 per tonne or 1.75 per cent, officially stopping at US$2,265.50 per...
Hydro is reportedly purchasing land in Torija, Spain, to construct a state-of-the-art aluminium recycling plant with an annual capacity of 12,000 tonnes. As per the report, Hydro has already signed an agreement for land purchase with a subsidiary of the Pulsar Properties Group. The facility will produce Hydro CIRCAL, an in-house brand of high-quality recycled aluminium ingot made with 75 per cent post-consumer scrap, which accounts for only 2.3 kg of CO2e/kg aluminium. Thus, it will boost Hydro's low-carbon aluminium production ability and European scrap storage. The new plant will hire about 65 direct employees. However, Hydro aims to make a final investment decision by the end of 2023, as the project is estimated to cost around EUR 130-140 million, depending on the final design, market...
Chong Zi En, a 26-year-old National University of Singapore (NUS) student, has used his design skills to create an assistive walker, Paw Wheels, for mobility-impaired senior dogs. This special device was created with the help of hollow aluminium tubes and other lightweight components. Chong was inspired by his experience caring for a senior handicapped dog during his national service at the Singapore Armed Forces (SAF) Military Working Dog Unit. He found lifting the dog's weak hind legs challenging for a walk, even with a wheelchair. This encouraged him to design a low-cost, lightweight, adjustable walker that is comfortable and safe for dogs of different sizes. He researched existing mobility aids for dogs, spoke to owners of handicapped dogs, and worked with an animal physiotherapist to...
Aluminium Stewardship Initiative has reportedly presented Performance Standard V2 (2017) Certification to Sanyuan Aluminium Co., Ltd. (Sanyuan Aluminium) for the processing of aluminium coil and sheet at its two plants Zouping Xinsanyuan Aluminium Co., Ltd. and Shandong Longkou Sanyuan Aluminium Co., Ltd. The plants manufacture aluminium tab stock and end stock, with around 100,000 tonnes of output capacity. The products are destined for use in beverage and food aluminium can packaging. On receiving the certification, Sanyuan Aluminium said, “Forge ahead and be extraordinary’ is our constant company motto, which reflects both our determination to build a strong business and our perseverance in facing all kinds of difficulties. We continue to stick to this concept in our pursuit of...
Many companies, institutes, and agencies are doing their part to promote the importance of aluminium recycling. Like, the Environment Agency - Abu Dhabi (EAD) plans to install reverse vending machines around the Emirate to increase the recycling of commodities such as aluminium and plastic. Also, the Fergus Curling Club is initiating a multi-stage fundraising drive to replace the ice machine and concrete pad. The first part of our fundraising campaign, ABC's 4 FCC, kicks off on June 21. Under this initiative, the club requested that people save their aluminium cans, bottles and other recyclable items for recycling. Aluminium can recycling holds 95 per cent of the energy necessary to produce the same quantity of aluminium from its virgin source. Stellantis, Peugeot, Citroen, and Vauxhall's...
The end user segment was busy with superlative innovations this week. Apple CEO Tim Cook's much-awaited Apple Vision Pro contains 100% recyclable aluminium for better circularity. Nespresso introduced its Vertuo Pop machine, which is made from 80% recycled aluminium and offers 25 unique coffee blends and single-origin options in multiple cup sizes. Chanel put sustainable approaches at the helm, switching to aluminium to create its flagship Chance eau de toilette range. We also came across Volgren, a joint venture between Volvo and Grenda, exploring the application of Capral's LocAl low-carbon aluminium for producing desired bus parts. Since building its first bus in 1979, Volgren has been committed to creating reliable, comfortable, and long-lasting vehicles with lower operating costs...
