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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Energy Transition Changemakers is an initiative led by the COP28 UAE Presidency that seeks to promote cooperation among private sector entities in implementing innovative and internationally scalable solutions to reduce carbon emissions. As per the information, Hydro was acknowledged by the COP28 UAE Presidency as an energy transition changemaker for its pioneering efforts in the transition to green aluminium at the 2023 Climate Change Conference in Dubai on December 5. The recognition comes as Hydro works to build a test plant for the zero-emission HalZero technology, intending to produce the first metal by 2025. Hydro has been chosen as one of the firms to demonstrate solutions that have the potential to facilitate and expedite the shift towards cleaner energy in industries with high...
The Department of Industry and Information Technology of Shandong Province recently released the list of intelligent manufacturing scenarios at the provincial level in 2023. Among the honoured companies is Huajian Aluminum Industry, which was recognised for its "Intelligent Logistics System for Aluminum Profile Whole Plant Based on IoT Platform." This recognition is a result of the company's commitment to implementing the Action Plan for Strengthening the Province with Advanced Manufacturing Industry (2022-2025) and the Action Plan for Digital Transformation of Shandong Province's Manufacturing Industry (2022-2025). The evaluation work was organised and carried out by the Provincial Department of Industry and Information Technology in accordance with the Shandong Province Intelligent...
The World Economic Forum (WEF) has released its Net Zero Industry Tracker 2023, the report's second edition. The report holds significant implications for the aluminium industry, particularly its efforts to achieve sustainability and reduce emissions. Focusing on heavy industrial and transport sectors, which contribute over 40 per cent of global greenhouse gas emissions, the report emphasises the need for multifaceted solutions, accelerated technology development, supportive infrastructure, and increased capital to achieve net-zero emissions by 2050. Key highlights of the report: The aluminium industry strives for net-zero emissions through clean power, recycled aluminium, and low-emission technologies. Adopting low-emission technologies with a potential 40 per cent increase in production...
Crown Holdings Inc., a leading supplier of beverage, food, and aerosol packaging, is reportedly participating in COP28, the 2023 United Nations Climate Change Conference (Dubai, November 30-December 12), to extend its cooperation in the worldwide efforts of decarbonisation and sustainability. Crown Holdings realises that collective efforts are imperative to achieve this goal worldwide across both the upstream and downstream aluminium industry. With Climate Action and Optimum Circularity as two core pillars of focus with the ongoing Twentyby30™ programme, Crown Holdings incessantly strives to reduce carbon footprints and transform its entire supply chain to sustainability. The company is participating in two sessions on site at COP28, speaking along the thought leaders on various...
Leading automobile and aerospace companies like Tesla, General Motors and Boeing are increasingly incorporating Climate TRACE systems that use satellites, machine learning and other observatory paradigms to decarbonise their international supply chain. This new initiative called Climate TRACE, co-founded by former US Vice President Al Gore has developed a comprehensive database that tracks global greenhouse gas emissions down to individual polluters. This granular data is expected to help some of the world's largest companies to decarbonise their supply chains. Climate TRACE uses advanced technologies such as machine learning and satellites to detect and monitor greenhouse gas emissions from over 350 million sources, including power plants, steel mills, and mining operations. By providing...
Inovatools, a Haunstetten-based cutting tool maker in Germany, is diversifying its product offerings by introducing 22 more tool types designed for various high-performance applications. Three-flute solid carbide graphite milling cutters, the Inox 8xD SC internal coolant twist drill, and different HSS machine taps are among the new goods in the catalogue. The ta-C line of tools for cutting aluminium has been expanded with specific cooling channels to minimise heat and improve tool life. Ditmar Ertel and his colleagues presented a novel trilingual primary catalogue for solid carbide tools at EMO, highlighting innovation, sustainability, and customer-centricity. The company's First Choice premium tools are specifically tailored for materials such as aluminium, steel, stainless steel and...
Welcome to Day 2 of the 11th International IBAAS Conference & Exhibition (IBAAS-JNARDDC 2023) – Nagpur, India, a much-awaited event to experience the upstream aluminium industry. The event, studded with aluminium industry leaders, experts, and enthusiasts, marks the end of 2023 with great learnings about the latest innovations and advancements in the upstream aluminium sector. From the first day itself, the event has offered some incredibly engaging and enlightening sessions led by industry stalwarts. The opening session of Day 1 was conducted by Dr Anupam Agnihotri, Director of JNARDDC, who elaborated on the topic: Decarbonisation of Indian Aluminium Sector-Way Forward. In his presentation, he highlighted the need for decarbonisation, underpinning that a 40 percent increase in primary...
Mazad, a company responsible for managing the public and electronic auctions in the Kingdom of Bahrain, has signed a cooperative agreement with Aluminium Bahrain (Alba), a major global aluminium smelting company. This agreement aims to initiate a project that involves dismantling and selling two of Alba's power stations using Mazad's digital platform. The auction of Alba's power stations will create a competitive environment for investors, and the company's goal is to reach as many buyers as possible. The agreement calls for the power stations to be decommissioned, as well as the removal of structures and equipment, such as turbines, generators, spare parts, and other fixtures, for the items to be auctioned off through Mazad's digital auction platform, allowing clients to purchase assets...
Germany is extremely active on topics regarding green energy production or the transition to renewable energy. Olaf Scholz, who replaced Angela Merkel in becoming the German Chancellor, on December 1, declared the introduction of a global club to aid interested nations to invest in and develop green energy solutions for heavy industries like steel, cement, and aluminium. During the United Nations COP28 climate summit in Dubai, Olaf Scholz announced the formation of the Climate Club, which currently has 36 members. The club's primary objective is to expedite the technical groundwork for a standardised calculation of CO2 intensity in selected products. Additionally, the club aims to launch an exchange that defines near-zero emissions for cement, steel and aluminium. Scholz also stated that...
LME aluminium opened at US$2,204 per tonne on Monday, with its high and low at US$2,213 per tonne and US$2,174 per tonne, respectively, before closing at US$2,184 per tonne, down US$16 per tonne or 0.73 per cent. On December 4, the LME aluminium live price chart registered a slight spike in aluminium prices, with the LME aluminium cash bid price and the LME aluminium official price gaining US$1 per tonne or 0.05 per cent to officially close at US$2,148 per tonne and US$2,148.50 per tonne. As we enter the last month of 2023, it should be mentioned the LME aluminium market could not recover from the constant geo-political digression and the highest price was witnessed at the beginning of the year, January 18, when the aluminium price stood at US$2,636 per tonne. The average aluminium price...
China’s A00 aluminium ingot price on Tuesday, December 5, declined the graph by RMB 140 per tonne to clock at MB 18,560 per tonne. As per the Shanghai Metals Market (SMM) data, a downfall of RMB 610 per tonne was seen M-o-M from RMB 19,170 per tonne recorded on November 3. Today, the average prices may stand between RMB 18,540 per tonne and RMB 18,580 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 20 to a premium price of RMB 20 per tonne. The SMM data recorded fall in all the provinces, with the highest in Gongyi, Wuxi and Tianjin, where it contracted by RMB 150 per tonne to reside at RMB 18,670 per tonne, RMB 18,550 per tonne and RMB 18,610 per tonne. As per the SMM data, the domestic aluminium ingot prices in Hangzhou, Linyi and Shenyang have...
National Aluminum Company Ltd. (Nalco)'s Alumina Refinery at Damanjodi has been honoured with the CII-EXIM Bank Business Excellence Award 2023, the most prestigious recognition for outstanding business practices. The announcement was made at the CII Quality Summit 2023 in Bengaluru. The refinery's commitment to business excellence and continuous efforts towards quality has led to this esteemed award. Prior to this, the Refinery Plant had received Gold Plus and Platinum recognitions in previous years. From 2019 to 2022, they secured the CII-EXIM Bank Business Excellence Platinum Award. In 2018, the Alumina Refinery of NALCO received the CII-EXIM Bank Business Excellence Award in the Gold Plus category. In 2018, Nalco's Panchpatmali Mines was awarded the Gold Plus at the CII National...
The China International Supply Chain Expo (CISCE) opened in Beijing from November 28 to December 2 with great anticipation. It showcased various aluminium alloy materials that are suitable for automotive use and materials for power battery packs. Of particular interest was the exhibit by Chinalco Advanced Manufacturing Co., Ltd., which featured a range of aluminium materials for use in vehicles. An on-site staff member of Chinalco Advanced Manufacturing Co., Ltd asserted: "These aluminium materials for vehicles are primarily supplied to new energy vehicle enterprises. Today, many companies have come to inquire, expressing a desire to deepen technological and product cooperation with us." Chinalco Advanced Manufacturing Co., Ltd., being one of the earliest domestic enterprises to conduct...
ZEVO's innovation in temperature-controlled logistics (TCL) using aluminium is set to transform the industry. With increasing energy costs and climate change challenges, TCL providers must adapt to decarbonise and meet regulatory requirements. ZEVO's cutting-edge technology, developed in collaboration with IIT Delhi's Machphy Solutions, offers a range of benefits for EV operators, including enhanced durability through the use of composite materials and aluminium in REV L5 construction. ZEVO's system operates with an overnight plug-in electric charge, enabling intracity operations for up to 16 hours at -20 °C and a range of 120 km using PCM-based technology. The system is tailored for EV operators, offering lightweight, corrosion-resistant features without relying on expensive lithium...
Following a public announcement by China's Ministry of Industry and Information Technology, Henan Wanda Aluminium Industry Co., Ltd. was recently honoured with the "National Green Factory" for 2023. Since being named an Energy Carbon Management Demonstration Enterprise last year, the firm has received national recognition in green manufacturing. Green factories embody the capability to analyse and optimize the structure of production capacity, resulting in further reductions in production costs and the assurance of production quality. It serves as the central component of the green manufacturing system. It necessitates stringent criteria for efficient land utilization, environmentally friendly production methods, effective waste management, and the use of low-carbon energy in factory...
According to the International Aluminium Institute survey, primary aluminium production in the Gulf Cooperation Council during October 2023 stood at 518,000 tonnes, reflecting a hike of 18,000 tonnes or 3.6 per cent month-on-month. The output in October recorded a recovery from a month-on-month decline in September from 517,000 tonnes to 500,000 tonnes. That indicated a 3.3 per cent M-o-M fall to the second least output this year after 474,000 tonnes in February. On a year-on-year calculation, primary aluminium production in the Gulf during October 2023 edged a rise of 7,000 tonnes or 1.37 per cent from 511,000 tonnes, learned IAI. In the first ten months of 2023, Gulf countries primary aluminium production totalled 5.09 million tonnes, much ahead of the previous year’s 5.05 million...
Cerveja Cacildis, from Grupo Petrópolis, marks its tenth anniversary with a festival honouring its musical roots. The cans, named Cacildis Instrumentos Musicais, were created by the producer Conteúdo Urbano. These instruments were created by converting ordinary aluminium cans into high-quality musical instruments, such as the reco-reco, tantan, tambourine, rattle, and afoxé. Aluminium cans and their potential are crossing boundaries every day! As per AL Circle's report on "Sustainability in the Aluminium Industry," a study conducted by ICF International for the Aluminum Association shows greenhouse gases (GHG) are lower when beverages are transported and refrigerated in aluminium cans than when they are transported and refrigerated in glass or plastic bottles under the same conditions....
In a strive to make its production chain sustainable, BMW Brilliance recently took a significant step by signing memorandums of understanding (MoUs) with Henan Shenhuo Group Co., Ltd. and Shuaiyichi New Materials Group Co., Ltd. These memorandums emphasise the importance of green electrolytic aluminium and recycled aluminium, which have significant energy-saving and emission-reduction advantages compared to traditional aluminium. With this partnership, BMW will be able to meet its demand for high-quality, low-carbon aluminium in production while also reducing the carbon footprint of car production from the source. Seeing leading companies take concrete steps towards a more sustainable future is quite inspiring. Under the MOUs signed with Shenhuo Group and Shuaiyichi Group, both companies...
