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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The New Mexico Economic Development Department declared that two more companies, Coast Aluminum and Monti Inc., were awarded state economic assistance, boosting manufacturing expansions and creating jobs at New Mexico's international Borderplex in Santa Teresa. Coast Aluminum has laid the foundations for a 73,500-square-foot distribution centre in the Santa Teresa Binational Industrial Park, and the company distributes custom and in-stock aluminium materials and stainless steel, copper, brass and architectural metal products across multiple locations in the United States and Mexico. New Mexico Governor Michelle Lujan Grisham has prioritized investing in the state's international border to improve infrastructure and expand global trade as part of the state's efforts to diversify its...
The Shanxi Enterprise Federation and Shanxi Entrepreneur Association hosted the 2023 Shanxi Top 100 Enterprises Summit Forum in Taiyuan on November 21st. Shanxi Aluminium Industry was ranked 54 among the "Top 100 Enterprises in Shanxi Province" and 42 among the "Top 100 Manufacturing Enterprises in Shanxi Province." According to reports, this publication is based on the ranking methods and criteria for the top 100 firms, created by the project team of the Shanxi Enterprise Federation and Shanxi Entrepreneur Association, in compliance with international standards and the China Enterprise Federation. The "Top 100 Enterprises in Shanxi Province" and "Top 100 Manufacturing Enterprises in Shanxi Province" for 2023 have been approved by the expert committee based on the 2022 operating income...
SteelMint's assessment indicates a slight increase of INR 1,000 per tonne in the prices of aluminium ADC12 alloy ingots to INR 183,000 per tonne. Meanwhile, tense scrap prices remained stable at INR 155,000 per tonne ex Delhi. The prices of ADC12 ingots have improved due to the increase in the prices of critical raw materials used in production, mainly imported ones. In particular, tense scrap from the Middle East increased by $30 per tonne to reach $1,590 per tonne, while taint tabor from the UK rose by $40-45 per tonne in the last month and stood at $1,575 per tonne. Zorba 95-5 prices from the UK were recorded at $1,830 per tonne. According to a North Indian producer, the surge in the prices of imported scrap has led to an increase in production costs. As a result, they quoted SteelMint...
Turkish shipyard VisionF Yachts has reportedly launched its flagship yacht, the VisionF 82, and set new standards in the maritime world with an ultra-sleek construction made of aluminium. VisionF Yachts shipyard, known for progressive designs and uncompromising choice of materials, has launched two vessels in October and November 2023, while two more are under construction and scheduled for delivery in March and May 2024. The VisionF 82, which represents a modern appearance with extensive glazing and aggressive profiling, is entirely designed by VisionF Yacht's design studio. The vessel is 24 metres long and is ideal for cruising shallow waters with a modest draft of 0.8 metres. The main deck has an expansive space with a maximum beam of 9.7 metres. The yacht's interior evokes luxury with...
Recently, Sohar Aluminium (SA) took part in the 25th edition of the Arab International Aluminium Conference and Exhibition (ARABAL 2023), which was held in Riyadh. ARABAL is the premier trade event for the aluminium industry in the Middle East, and this year's theme was "Aluminium: The Future, from Mine to Space", showcasing the limitless applications and possibilities for aluminium. The ARABAL 2023 event, hosted by Saudi Arabian Mining Company (Ma'aden), was a truly unique conference that brought together primary aluminium manufacturers in the region and those with a keen interest in the Middle East aluminium industry. It was a platform where industry pioneers shared their insights through thought-provoking presentations, panel discussions, and keynote speeches, exploring the latest...
Altilium, a UK-based clean technology group, has recently earned over £700,000 (US$889,000) in UK government innovation funding for two collaborative research projects that aim to recover valuable materials from mine waste. The projects are in partnership with CPI and Camborne School of Mines (CSM) and focus on developing environmentally friendly processes for recycling rare earth elements (REE), copper, and aluminium from mine tailings. Altilium's efforts to recover critical battery materials from end-of-life EV batteries have set a solid foundation for these projects. These projects are centred around the Medet concession, a mine tailings site located in central Bulgaria, which is under Altilium's control. Instead of relying solely on the extraction and refinement of virgin mineral...
Cargo operations via the Maranhão public port are back in business! After a ten-year gap, the Porto do Itaqui in São Luís received the first batch of aluminium ingots from Australian mining firm South32 at the end of November. South32, one of the Alumar consortium's multinational mining businesses, will export the metal via it in December, resuming 100 per cent Maranhão production. South32 will ship its first aluminium via the Port of Itaqui to Rotterdam, Netherlands, in December 2023, with an expected volume of 10,000 to 15,000 tonnes. The operation will make use of favoured berths for general freight. The revival of aluminium ingot exports via the port is the consequence of investments made in the state by the Consórcio de Alumnio do Maranho SA (Alumar). The collaboration created around...
According to a recent report, a global aluminium producer has offered Japanese buyers a shipment premium of $95 per tonne over the global benchmark price for the first quarter of 2024 (January 1-March 31). The news came on December 1 after three sources directly involved in quarterly pricing talks reported. Compared with the ongoing quarter, the premium proposed for Q1 2024 is $2 per tonne or 2.06 per cent lower. Currently, Japanese buyers are paying a premium of $97 per tonne for Q4 2023 . Japanese premiums have been reducing constantly over the past few quarters. The premium in Q4 2023 is abysmally down by 24 per cent from the previous quarter’s premium of $127.5 per tonne. The premium agreed upon for Q4 is also lower than in Q2 2023, between $125-130 per tonne. Japan is Asia’s biggest...
In October 2023, the Japan Aluminium Association documented a 1.4 per cent decline in the dispatch of rolled aluminium products compared to the same period a year ago, reaching 149,462 tonnes. Production also decreased by 1.8 per cent, amounting to 151,570 tonnes. Despite a rebound in the sales of automotive materials, the demand for building materials and thick plates for semiconductor manufacturing equipment continued to show sluggishness. This signifies the 20 th consecutive month of reduced shipment volumes compared to the corresponding month in the prior year. Aluminium plate shipments experienced a 1.9 per cent decrease, totalling 90,534 tonnes, while production saw a 2.4 per cent reduction, reaching 93,799 tonnes. Conversely, canned material sales witnessed a notable surge of 7.6...
LME aluminium opened at US$2218.5 per tonne in the previous trading day, with its low and high at US$2187 per tonne and US$2219 per tonne, respectively, before closing at US$2194 per tonne, down 0.95 per cent. The LME aluminium live price chart , on November 30, marked a falling market price trend, with the LME aluminium cash bid price and the LME aluminium official price discarding US$20.50 per tonne or 0.94 per cent to officially close at US$2,157 per tonne and US$2,157.50 per tonne. During Q3 2023, the highest LME aluminium price was witnessed on October 2, when the price stood at US$2,286 per tonne. Other than that, the overall mark has stayed below or near US$2,200 per tonne. London Metal Exchange graph displayed that the 3-month bid price and the 3-month offer price also deflected...
Leading the automobile industry towards sustainability and net-zero carbon emission, Volvo Cars announced on November 30 its plan to cut per-car emissions by 75 per cent by 2030. Volvo makes this announcement after a few years of its previous plan to cut per-car emissions by 40 per cent by 2025. So far this year, the Swedish multinational automobile manufacturing company has cut emissions by 19 per cent compared to 2018. Volvo Cars also announced yesterday about joining the World Economic Forum’s First Movers Coalition and that it would start investing in advanced near-zero emissions aluminium tech. The automaker also said it secured access to near-zero emission primary and recycled sheet steel from Sweden’s SSAB for vehicles. Volvo will be merging the applications of near-zero emissions...
On Friday, December 1, China’s A00 aluminium ingot price added RMB 30 per tonne to clock at RMB 18,660 per tonne. On M-o-M calculation, a plunge of RMB 480 per tonne was recorded from RMB 19,140 per tonne on November 1. Today, the average prices are expected to stand between RMB 18,640 per tonne and RMB 18,680 per tonne, with the spot contract price expected to be traded at a discount price of RMB 30 to a premium price of RMB 10 per tonne. The price in Gongyi has expanded by RMB 90 per tonne to halt at RMB 18,790 per tonne, followed by a growth of RMB 60 per tonne in Linyi to clock at RMB 18,760 per tonne. In Chongqing and Hangzhou, the A00 aluminium ingot prices have ascended by RMB 50 per tonne and RMB 40 per tonne to settle at RMB 18,710 per tonne and RMB 18,660 per tonne. On the same...
The long-awaited bauxite, alumina and aluminium conference of India (IBAAS-JNARDDC 2023) will be inaugurated on December 4, 2023, in Nagpur. On the first day of the conference, an augural function will be followed by 7 keynote addresses by leading bauxite, alumina and aluminium experts from India and abroad. In the afternoon, sponsors and supporters like Tokai COBEX GmbH, AKW Apparate + Verfahren GmbH, Nalco Water, Ashapura, STC-Engineering, SpectraFlow Analytics AG and Alumina Chemicals and Castable will show their company developments and new products. About 7 exhibition stalls of this mega aluminium event are taken by Malvern Panalytical, a division of Spectris Technologies, Westech Process Equipment, SpectraFlow Analytics AG and Janatics India. On the second day of the conference...
Capral has been a reliable supplier of premium quality aluminium to SureWeld for its aluminium trailers and ramps. SureWeld, which started as a small welding shop in 1976, primarily focused on aluminium ramps. However, with an aim to cater to the growing needs of the machinery industry, the company expanded its product line to include aluminium plant trailers and has emerged as a leading manufacturer in this domain. In 2008, SureWeld introduced aluminium trailers to cater to the demand for lightweight trailers that could carry heavy plant equipment and withstand the challenges of difficult terrains. To achieve this, SureWeld's sales manager, Gareth Hansen, turned to aluminium as the ideal material to reduce the weight of their trailers. The Sales Manager reported: "We found that the...
On November 29, news came floating that Ardagh Metal Packaging in Whitehouse might close its operations by the start of 2024, as a reliable company source announced. The company also stated that the employees at the unit were notified first-hand on November 28, Tuesday. It was sensible on Ardagh's part to have informed the workers before the final closure in Q1 2024. The circular released by the sustainable packaging company read: "After a thorough review and analysis of our production capabilities, AMP has, in fact, made the difficult but final decision to close our beverage can manufacturing facility in Whitehouse, Ohio. The staff was informed of this as of yesterday. The closure will take place in Q1 of 2024, but the final details are still being determined. No further details at this...
In the relentless pursuit of sustainable practices and eco-friendly solutions, AL Circle marks a significant stride in promoting sustainability by unveiling a comprehensive report on the global recycled aluminium landscape, titled "World Recycled ALuminium Market Analysis - Industry forecast to 2030”. This industry-focused report delves into the import-export trade dynamics, secondary aluminium production and forecast, key trends, challenges and opportunities, etc, that are shaping the future of the recycled aluminium market on a global scale. The report marks a pivotal moment in the aluminium industry, shedding light on the critical role of recycled aluminium in the broader context of environmental sustainability and resource conservation. AL Circle, known for its commitment to...
In anticipation of COP28 , from November 30 to December 12, 2023, BMW Group is gearing up to play a pivotal role as the VIP E-Mobility Provider for the UN climate action summit. BMW is steering the course towards a more sustainable future, emphasising innovation, circular design, and responsibly sourced materials. At the heart of this commitment is BMW's deployment of a cutting-edge fleet for COP28, featuring the BMW i7, BMW iX, and the BMW iX5 Hydrogen. These vehicles will exclusively serve VIP guests and officials during the summit, showcasing the latest e-mobility technology. Sustainability crafted in the UAE: The BMW i7 The flagship BMW i7 leads the fleet, a beacon of Middle Eastern innovation. This vehicle's luxurious design, cutting-edge technology, and commitment to sustainability...
Since the beginning of this year, the aluminium and aluminium alloy industry chain in Tongchuan has always regarded project construction as a strong engine to promote high-quality transformation and development. As a result, the production of electrolytic aluminium in October, the primary commodity, reached 253,600 tonnes, representing a 0.5 per cent rise Y-o-Y. The production of aluminium materials reached 255,000 tonnes, showing a substantial year-on-year growth of 39.9 per cent. The year-on-year increase in large-scale firms' overall industrial output value is 16.1 per cent, making a significant contribution of 178.6 per cent to expanding the aluminium and aluminium alloy industry chain. The city's aluminium and aluminium alloy industrial chain now includes 12 businesses, including the...
