The Canyon Resources’ subsidiary has acquired 42.8 per cent of Douala Port Timber Terminal, adding a port interest to its existing railway stake as it develops a planned route for Minim-Martap bauxite. Camalco Cameroon is extending its position in the logistics network being planned for the Minim-Martap bauxite project, acquiring a 42.8 per cent stake in Douala Port Timber Terminal (TBPD). The investment adds a port-related interest to its existing shareholding in Camrail, the railway operator expected to form part of the project’s transport route. The acquisition was completed through a capital increase at TBPD, rather than the purchase of shares from existing shareholders. Camalco invested XAF 347.447 million (USD 604,000), subscribing to newly issued shares reserved entirely for the...
The aluminium industry is entering another phase of supply-chain repositioning. Across bauxite, alumina and primary aluminium, companies are investing in new resources, consolidating strategic assets and expanding processing capacity, while governments are increasingly treating domestic supply as a strategic priority. The latest developments from Australia, Guyana, Guinea, Indonesia, the US and India point to a market where resource security, processing location and control over supply chains are becoming as important as production growth. At the same time, new trading mechanisms and changing investment patterns are beginning to influence how aluminium and its raw materials reach the market. Bauxite supply expands, but securing the right tonnes is becoming harder In Western Australia, VBX...
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SurTec, a company that is an expert in chemical surface finishing solutions, has recently acquired Aluservice, an Italy-based company that focuses on research and development, as well as the distribution of chemical specialities for surface treatment of alloys made of aluminium, zinc, steel, and iron. Aluservice's product range includes a variety of products for aluminium anodization, aluminium coating processes, electroplating of ferrous metals, and coating of other metals. This acquisition is expected to enhance SurTec's capabilities in the field of chemical surface finishing solutions and provide customers with a wider range of high-quality products. The managing director of Aluservice, Dr Raffaele Cadorna, implied: "After 40 years of successful business, we realized that we needed...
V Global Manufacturing Limited's facility in Dehua County, Fujian Province, China, has received ASI Performance Standard V3 (2022) and Chain of Custody (CoC) Standard V2 (2022) Certification for the production of aluminium alloy building profiles, industrial aluminium alloy extrusion profiles, aluminium alloy doors and windows, and curtain wall components. China Quality Mark Certification Group carried out independent, third-party audits. The firm produces various aluminium alloy profiles, doors, windows, and curtain wall components, with an annual capacity of 100,000 tonnes. These products are used in building, construction, and other industries. "We congratulate V Global Manufacturing Limited for achieving dual ASI Certification at their facility. With an increasing global focus on...
Innovative cleaning products company Cleancult, a staunch supporter of sustainability, was recently nominated for the Inc. 2023's Best in Business list in the Sustainability category. Founded by Ryan Lupberger, the New York-based company launched its first-ever ready-to-use aluminium bottles in mass-market retail dish soap and all-purpose cleaning categories. Cleancult's strongly developed hand soaps have just entered the aluminium collection. The Best in Business Awards by Inc. recognises organisations that have remarkably influenced their industries and society. The list, featured in the Winter edition of Inc. magazine, acknowledges the most dynamic organisations across all sizes and sectors that have had a remarkable impact on their communities, industry, environment, or society. "This...
The UK-based waste management company Biffa is set to deploy its inaugural electric skip loader, featuring a new Volvo electric 18-tonne 4×2, which will be introduced on the Isle of Wight. As part of a comprehensive fleet modernisation initiative, Biffa has incorporated the electric skip loader into its fleet, consisting of 104 new vehicles from Volvo Trucks. The Volvo FE Electric, featuring Boughton Engineering skip loader bodywork propelled by dual electric motors, showcases advanced technology. Sporting four batteries, it boasts an impressive range of around 190km and a swift recharge time of 2.3 hours with a 150kW DC charger. Furthermore, the Biffa team can capitalize on mid-shift top-up charges, as the battery efficiently charges to 80 per cent capacity at an accelerated rate....
Yunnan Aluminium Co., Ltd. and Volvo Cars (Asia-Pacific) Investment Holding Co., Ltd. have reportedly inked a memorandum of cooperation on the sustainable aluminium value chain. On November 28, the companies signed the contract at the first China International Supply Chain Promotion Expo in the presence of Chen Debin, deputy general manager of Yunan Aluminum Co., Ltd., and Hans Linn, vice president of R&D of Volvo Car Asia Pacific. As per the signed cooperation contract, Yunnan Aluminium and Volvo Cars (Asia-Pacific) will support each other’s efforts towards carbon neutrality in peak carbon dioxide emissions. The high-end aluminium alloy ingot producer will supply green aluminium to Volvo Cars (Asia-Pacific), advocating the application of sustainable aluminium in automobile production and...
During the 28th United Nations Framework Convention on Climate Change (COP28), VALCO's Environmental Manager, Edward Arthur, and the Environmental Control Officer, Edgard Tetteh, shared their insights on the company's efforts to promote sustainable production. Their commitment to the theme "Unite, Act, Deliver" is commendable and sets an excellent example for other companies to follow. The Volta Aluminium Company (VALCO) in Tema, Ghana, is taking significant steps towards sustainable production to reduce global greenhouse gas emissions. The company has implemented a comprehensive approach to its smelting process, focusing on resource utilization and environmental impact mitigation. VALCO, a company involved in aluminium production, has a policy in place to become a more environmentally...
Industry leaders at COP 28 have established a recycling goal of almost 100 per cent for the world's aluminium beverage cans by 2050. UN Climate Change Conference (COP 28), a seminar held every year in Dubai, United Arab Emirates, is the world's sole multilateral decision-making platform on climate change, with almost every nation in the world represented. Aluminium manufacturers, recyclers, rolling mills, can makers, and industry groups have established a goal to support the IEA's Net Zero 2050 objective by emphasising the need for improved recycling. Even if over 70 per cent of aluminium beverage cans are recycled into new goods, more is needed to reach the 1.5-degree objective. "Together we are calling for greater commitment from national governments and the aluminium beverage can value...
BNP Paribas Arbitrage S.N.C., a global leader in financial services, has reportedly reduced its share position in Kaiser Aluminum Co. by 26.4 per cent in the second quarter of 2023. The investor has sold 2,681 shares of Kaiser Aluminum and owns 7,475 shares. BNP Paribas’ holdings in Kaiser Aluminum were worth $536,000 as of the most recent filing with the SEC. On the other hand, several other large investors acquired new shares in Kaiser Aluminum. For instance, State Street Corp raised its holdings by 30.6 per cent in the first quarter, owning 1,132,280 shares worth $106,615,000. Barrow Hanley Mewhinney & Strauss LLC also lifted its shares in Kaiser by 20.6 per cent by acquiring an additional 139,145 shares in Q1. The company now owns 815,300 shares valued at $60,846,000. Norges Bank...
USA-based Constellium has extended its hands for a material supply collaboration with Morf3D, Inc., a subsidiary of Nikon located in El Segundo, California. Constellium’s Aheadd® CP1 aluminium powder will be provided for use in SLM®500 AM machines from Nikon SLM Solutions. Headquartered in Baltimore, Maryland, Constellium is a brilliant innovator in the additive manufacturing industry. The company’s proprietary Aheadd® CP1 metal powder has set new heights in the precision engineering department for 3D-printed aluminium components . The partnership aims to meet the growing demand for large-format Additive Manufacturing, and the focus of this collaboration is on a specific variant of Aheadd CP1 aluminium powder that is designed to enhance production throughput. The Head of Constellium...
LME aluminium opened at US$2,185 per tonne yesterday, with its high and low at US$2,186.5 per tonne and US$2,150.5 per tonne, respectively, before closing at US$2,165.5 per tonne, down US$34.5 per tonne or 1.57 per cent. On Tuesday, December 5, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$27 per tonne to halt at US$2,121 per tonne and US$2,121.50 per tonne. As per the London Metal Exchange (LME) data, both the 3-month bid price and the 3-month offer price also slipped by US$25.5 per tonne or 1.16 per cent and US$26 per tonne or 1.18 per cent to settle at US$2,162 per tonne and US$2,162.50 per tonne. December 24 bid price and December 24 offer price dipped by US$23 per tonne or 0.99 per cent to clock at US$2,282 per tonne and US$2,287 per...
CCL Container, a recyclable aluminium packaging manufacturer based in North America, has launched new aluminium bottles that look like conventional wine bottles. The new aluminium bottle range is designed with CCL Container’s BodyShapes shaping technology. The bottles are 750 ml in size and are resealable with threaded caps meant to keep wine fresh. Since the bottles are made of aluminium, they have higher thermal conductivity and greater chill retention than glass or plastic. Therefore, the bottles can cool quickly and stay cooler for a more extended period of time. Also, owing to aluminium, the bottles weigh less than glass bottles, and thus, they are less expensive to ship. The threading in the cap also does not contain plastic. The entire bottle is made from virgin aluminium and is...
The Shanghai Metals Market, on December 6, has seen fluctuations in aluminium prices, with the SMM A00 aluminium ingot price remaining stagnant at RMB 18,560 per tonne. The average aluminium prices have circulated between RMB 18,540 per tonne and RMB 18,580 per tonne. The SMM aluminium price has been recorded at the lowest for the year on December 5 and 6, with the average range being RMB 18,886.09 per tonne. There has been a Week-n-Week digression of RMB 210 per tonne or 1.11 per cent from RMB 18,770 per tonne registered on November 29. China’s eight central provinces have all witnessed mixed price trends today, with the aluminium price rising the highest in Gongyi by RMB 20 per tonne, resting at RMB 18,690 per tonne, followed by a similar price range in Foshan after adding RMB 10 per...
Senior PLC, a renowned manufacturer of auto and aircraft components and systems based in Hertfordshire, England, has recently announced a new contract with Strata Manufacturing PJSC, a UAE-based company. The contract involves the supply of Boeing Co 787 vertical detail parts and is valued at approximately $12 million over a period of seven years. The deliveries for the contract began in November and are being carried out at Senior Aerospace's facility in Chonburi, eastern Thailand. The facility is approved by Boeing for manufacture, treatments, and assembly and has extensive experience in the manufacturing of vertical fin aluminium structures. This is the first time that Senior has collaborated with Strata, and the company is thrilled that Senior Aerospace Thailand has been selected for...
On December 3, 2023, Aluminium Stewardship Initiative announced the joining of Binzhou Beihai Regal Advanced Material Co.,Ltd. as a new Production and Transformation member. Established in 2017, Binzhou Beihai Regal Advanced Material Co.,Ltd. is a wholly-owned subsidiary of Shanxi Regal Metal New Materials Co., Ltd. The company producer high-strength aluminium alloys, rare earth aluminium alloys, high thermal conductivity aluminium alloys, and high-temperature-resistant aluminium alloys. Binzhou Beihai Regal Advanced Material is located strategically close to the Bohai Bay, Beihai New District, 20 kilometre away from Binzhou Port and 6 kilometre from Dongfeng Port. Thus, it has convenient transportation and good connectivity with East China, South China and Northeast China. Binzhou Regal...
At the COP28 conference in Dubai, UAE, RMI unveiled the Sustainable Aluminium Finance Framework, which is a game-changing climate-aligned financial module for the aluminium sector. The framework is designed to assist banks in aligning their financing decisions with their own decarbonisation targets. It provides banks with the necessary tools to measure, benchmark, and disclose the climate alignment of their aluminium lending portfolios in line with a 1.5°C scenario. The framework was developed in collaboration with a working group of four banks, namely Citi, ING, Société Générale, and Standard Chartered. The working group consulted with leading aluminium producers and organisations, including the International Aluminium Institute and the Aluminium Stewardship Initiative, over the course...
Founded in 2010, Refmon Industries , one of India's leading insulation and refractory products manufacturing companies, has been successfully onboarded by AL Biz to its list of 1700+ clients. AL Biz is the world's first global marketplace that connects millions of buyers and sellers across the entire aluminium value chain. The company specialises in a wide range of refractory, insulation, and industrial flooring products. It has successfully executed over 500 projects, varying in size, across India. The top products offered by Refmon include : High Alumina Refractory Castable Cement Insulation Bricks High Alumina Bricks Aluminium Sheet and Coil They provide customers with a comprehensive range of solutions and convenient "one-stop-shop" selections. They have the flexibility to participate...
In the ongoing global effort to combat climate change, COP28 has emerged as a pivotal moment, marked by significant commitments towards a sustainable future. At the forefront of this movement is John Slaven, the Chief Executive Officer of Vedanta Aluminium, who actively participated in this year's Industrial Transition Accelerator (ITA) Roundtable. Vedanta Aluminium seized this opportunity to spotlight the vast potential of aluminium in driving decarbonisation and spearheading the global energy transition. The company also underscored its commitment to this cause through impactful initiatives addressing crucial material issues. In a LinkedIn post, John shared a glimpse into Vedanta's relentless journey toward Net Zero: Mitigating emissions with clear timelines: Vedanta Aluminium has set...
The United States aluminium plates, sheets and bars exports to Canada improved by 9.22 per cent month-on-month to 30,800 tonnes in August 2023 but could not touch the output volume in June. In June 2023, the US aluminium plates, sheets and bars exports to Canada stood at 33,600 tonnes, which, in the subsequent month, fell by 16.07 per cent to 28,200 tonnes. According to the US Geological Survey, the United States aluminium rolled products exports to Canada in June 2023 saw a rise of 8.74 per cent from 30,900 tonnes in May, which, compared to April, stood 4.33 per cent lower than 32,300 tonnes. As indicated in the above graph, the US aluminium plates, sheets and bars exports to Canada have been oscillating since the beginning of the year, recording growth in alternate months. The...
