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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Cardiff-headquartered aluminium fabricator Dudley's Aluminium Limited has bagged four new contracts in the education sector. Andrew Scott will collaborate with the fabricator on Ysgol Gynradd Groes-wen Primary School in Cardiff. When finished, the school will include modern architecture and a variety of public facilities. Dudley's will use Metal Technology System capped curtain walling, doors, windows, automated doors, louvres, and an entrance canopy on the construction. The school will be the first in the city to provide a dual language education stream, providing both Welsh medium education and English and Welsh multi-language education, with 420 primary school seats and an extra 96 part-time childcare spots. Colin Shorney, managing director at Dudley's Aluminium, stated: "We are...
Since building its first bus in 1979, Volgren has been committed to creating reliable, comfortable, and long-lasting vehicles with lower operating costs than conventional options of the generation. At present, it is exploring ways to use Capral's LocAl low-carbon aluminium for the production of lightweight electric buses. Today, Volgren is a leading designer and manufacturer of public transport buses of all types, including zero-emission vehicles. With a team of 300 professionals across NSW, Victoria, Queensland, and WA, Volgren's bus bodies are 90% locally produced and offer the lowest lifetime cost of any bus in Australia. Volgren can manufacture a range of buses, including standard-route buses that can be 11.9 to 12.5 meters long. Its story began in the 1940s when George Grenda, a...
In May, the Penn State Office of Physical Plant started revising signs on the University Park campus's composting and recycling pickup containers. This modification is part of the university's execution of the Penn State Waste Stream Task Force's recommendations, which comprises professors, staff, and students. The institution depends on its students to segregate recyclable and compostable goods from trash to reduce the quantity of garbage transported to landfills. The Centre County Refuse & Recycling Authority sells recyclable materials like aluminium cans , plastic jars, etc., collected on campus to processors who may create new products from the rejected materials. Aluminium cans and plastic jars, for example, can be recycled into new cans and jars. Compostable materials are sent to...
Capral Aluminium Industrial Solutions, Australia's largest producer and distributor of aluminium products and architectural & building solutions, has been granted dual ASI certification to manufacture extruded products. Capral is Australia's first extruded aluminium product manufacturer to receive the certifications. The news came on Thursday, June 8, after the Aluminum Stewardship Initiative announced it successfully certified Capral against the Performance Standard V3 (2022) and Chain of Custody (CoC) Standard V2 (2022). The certifications apply to all Capral's 26 facilities, composed of mills, distribution centres, and trade centres, spread across every state and territory in Australia. Capral's aluminium products like geometric extrusions, machine rods, plates and sheets are destined...
In the dynamic global landscape of mineral resources, bauxite production is a pivotal contributor to numerous industries. With its remarkable versatility and application in manufacturing, bauxite continues to fuel economic growth and development worldwide. As we delve into mineral production, let us explore the top bauxite-producing countries that significantly shaped the market in 2022. From vast mining operations to groundbreaking technological advancements and sustainable mining solutions , these nations have showcased their prowess in bauxite extraction and emerged as leaders in this crucial sector. Join us on this insightful journey as we uncover the key players driving the bauxite production landscape in the year gone by. We used a specific research technique and data from the...
Surefire Resources published its first mineral resource estimate (MRE) of 38 million tonnes of aluminium oxide for the Victory Bore Project in Western Australia, underlining its high-purity alumina (HPA) potential. The MRE can potentially increase the project's value before an economic pre-feasibility study evaluation is scheduled for November of this year. Surefire announced in March 2023 a large, independently determined Exploration Target Estimate (ETE) for the Victory Bore of 682 million tonnes to 1,190 million tonnes at 0.2 per cent to 0.43 per cent vanadium oxide. In a revised Mineral Resource Estimate (MRE) released earlier this year, the business indicated a 56 per cent increase to their 321 million tonnes at 0.39 per cent vanadium oxide values. Furthermore, Surefire is evaluating...
The Indian price chart of imported aluminium scrap has recently projected significant ups and downs, with various grades experiencing highs and lows. The biggest noticeable spike has been US$40 per tonne, while the greatest drop was US$80 per tonne compared to the week gone by. These changes can be assigned to aluminium price trends in the London Metal Exchange's three months futures market, where spot prices have circled around a stable range of US$2,220 per tonne and US$2,280 per tonne, with it oscillating in the last trading season by US$70 per tonne to US$80 per tonne Week-on-Week. Additionally, LME aluminium stocks plunged 1,475 tonnes on a weekly basis to 585,050 tonnes. Meanwhile, SHFE aluminium futures have heightened by US$80 per tonne to US$90 per tonne Week-on-Week, halting at...
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter (ex-China), attended the 26th Arab-German Business Forum on June 5-7, 2023, at The Ritz-Carlton, Berlin, Germany, wherein the company's Chairman Shaikh Daij bin Salman Bin Daij Al Khalifa said in his speech, "The world is changing and as we gather here in this Forum, we should take on the responsibility for finding answers to the most pressing ESG challenges of our time to foster a better future for generations to come." He pointed out the ongoing initiatives undertaken by Alba to reduce carbon footprint and support the Kingdom's aim to achieve 'Net Zero Emissions by 2060'. In this context, he said Alba is committed to achieving the net-zero goal by seeking partnerships to leverage advanced technologies such as Carbon...
Bauxite miners have once more pleaded with the Indonesian government to rethink the policy since domestic facilities are insufficient to process their output. However, this is to be noted that Indonesia is scheduled to restrict unprocessed bauxite exports in the next few days. Indonesia, the world's sixth-largest bauxite producer, is set to halt bauxite shipments from June 10, 2023, as part of a 2020 law prohibiting all metal ores exports to spur investment in refineries. The government last month granted miners of other ores, such as copper and iron, a one-year reprieve to provide extra time to complete smelter development, but it maintained the bauxite export prohibition. According to government data, Indonesia has three smelter-grade alumina refineries and one chemical-grade alumina...
LME aluminium opened at US$2,208 per tonne on Wednesday, with its high and low at US$2,233 per tonne and US$2,208 per tonne, respectively, before closing at US$2,213 per tonne, up US$7.5 per tonne or 0.34 per cent. Bank of Canada unexpectedly raised interest rates, anticipating US Fed's rate hike in June. Hydropower generation in Yunnan is improving, predicting a small amount of aluminium capacity to resume by late June. Almost 200,000 tonnes of aluminium capacity will be released through Guizhou and Sichuan. Though it is not the season for downstream consumption, aluminium ingot inventories are continuously decreasing. Short-term aluminium prices are expected to remain range bound. On June 7, Wednesday, the LME aluminium cash bid price and the LME aluminium official settlement price...
Nespresso has launched its Recycling Rewards program for the second year to promote its aluminium coffee capsule recycling initiative. A recent online study showed that many Australians are unsure about the country’s recycling systems. Almost 78% of respondents believed their household recycling would be sorted and redirected by machines, councils, or volunteers, irrespective of which bin they used. The New South Wales Young Australian 2023 and founder of Banish and BRAD, Lottie Dalziel, exemplified: “I see so many Australians trying to do the right thing by putting used household items like soft plastics, toothbrushes and aluminium coffee capsules in their curbside recycling bins and optimistically hoping they will be recycled at the other end. Most often than not, it sadly isn’t the...
The Denver Nuggets, competing for their first NBA championship, have a major sponsor in Ball Corp., one of the world's largest aluminium can manufacturers. Ball Arena, home to the Colorado Avalanche and Colorado Mammoth, is named after the company, and Ball is excited about the exposure it is receiving. Although the Avalanche and Mammoth both won championships last year, the Nuggets' NBA Finals appearance has generated more interest and viewership from around the world. Ball signed a long-term agreement with Kroenke Sports Entertainment (KSE), its parent company, in 2020 during the pandemic. The company reportedly pays about $6 million per year for the naming rights. While it is difficult to quantify the return on investment, Apex Marketing Group estimates that the in-game brand exposure...
The Fergus Curling Club is launching a multi-stage fundraising campaign to replace the ice-making equipment and concrete pad. The first stage of our fundraising drive, ABC's 4 FCC, begins on June 21. Under this, the club requests people to save their aluminium cans, bottles and other recyclable items. These goods may be deposited in a bin at the curling club to promote sustainability and recycling. ABC stands for Aluminium, Bottles and Cans/Cash/Coins. The chilled floor was erected in the 1950s when low and high locations were unimportant. According to a press release, fluctuations in the floor level result in thicker and thinner patches of ice all throughout, resulting in considerable increases in electricity, water, and labour expenditures. Levelling the surface will enable the ice...
Hinterkopf showcased its innovative and sustainable wine packaging solution at the Metpack exhibition in Essen. Instead of traditional glass bottles, Hinterkopf uses lightweight and eco-friendly aluminium bottles that are easy to transport, making them perfect for on-the-go consumption. Additionally, the use of modern digital printing enables smaller wineries to create unique and economically attractive packaging concepts. Traditional glass bottles have been a subject of discussion in the wine industry due to their large size and weight, making them unsustainable for long-distance transportation. Hinterkopf's aluminium bottles offer a more convenient and durable option for mobile consumers, as they are unbreakable and can be cooled down to the desired drinking temperature faster than...
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Alumina production in Europe (incl. Russia) stood at 505,000 tonnes during April 2023, facing a fall of 52,000 tonnes or 9.34 per cent month-on-month, found the International Aluminium Institute. In March, the output was 557,000 tonnes, up by 13.21 per cent from 492,000 tonnes in February. On a year-on-year calculation, alumina output in Europe (incl. Russia) recorded a 26.06 per cent plunge during April’23 from 683,000 tonnes. In the first four months of 2023, Europe (incl. Russia) churned out 2.071 million tonnes of alumina compared to 3.113 million tonnes during the same period of the last year. That reflected a sharp decline of 33.47 per cent year-on-year. In April 2023, Europe (incl. Russia) produced 16,800 tonnes of alumina on a daily average. That registered a decline of 1,200...
Apple CEO Tim Cook unveiled the Apple Vision Pro, the company's long-awaited augmented-reality headset, at its annual software development conference WWDC 2023, on Monday. Apple has taken its first significant step with Vision Pro since the debut of the Apple Watch nine years ago. A single piece of three-dimensionally created laminated glass serves as an optical surface for the cameras and sensors that monitor the environment. It elegantly transitions into a bespoke aluminium alloy frame that softly bends to wrap around the users face and serves as an attachment point for the Light Seal. The Vision Pro headset is circular with an aluminium frame and has a glass screen in front. "Vision Pro is a new kind of computer that augments reality by seamlessly blending the real world with the...
According to an esteemed news agency, by 2030, the number of electric vehicles on the roads will escalate by a hefty amount, which indicates that the demand for lithium-ion battery storage will increase tremendously. And the metal used in making lithium battery cases is usually aluminium. As a result, Matthew Keyser, an electric chemical energy storage group manager, and his team of researchers at the National Renewable Energy Laboratory in Golden, Denver, Colorado, are working on better ways to recycle batteries. The goal is to increase the current recycling rate from 5%-10% to 98% or 99%. Keyser's team has found a more environmentally friendly method to recycle lithium-ion batteries than some currently used tactics. "Bloomberg estimates by 2030, we will need two terawatt hours of...
On May 31, LKQ Corporation announced the company's 2022 Global Sustainability Report, which displays its achievements in environmental leadership, employee engagement and diversity, safety, and operations. In 2022, LKQ accomplished several ESG milestones, which include processing 770,000 vehicles and recycling over 97 million pounds of aluminium, nearly 7 million pounds of copper, and over 123 million pounds of scrap steel. The President and Chief Executive Officer, Dominick Zarcone, commented: “As the largest vehicle recycler in the world, sustainability is core to our business and our success. Our strong environmental stewardship complements our commitment to our employees and communities. This year’s report highlights what we are doing around the globe to promote sustainability, equity...
