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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According to the International Aluminium Institute, primary aluminium production in Russia & Eastern Europe stood at 329,000 tonnes during April 2023, bringing the total output in the first four months to 1.326 million tonnes. The output in April’23 reflected a month-on-month downfall of 4.08 per cent or 14,000 tonnes from 343,000 tonnes and a year-on-year drop of 2.92 per cent or 10,000 tonnes from 333,000 tonnes. The production during January-April 2023 also edged a fall of 1.49 per cent from 1.346 million tonnes a year ago, in line with the monthly and annual decline during April’23. The daily average output in April was recorded at 11,000 tonnes after a drop of 100 tonnes from the previous month and year. In Western & Central Europe, primary aluminium production during April 2023 was...
Villa Papillon is a beautiful home on the shore's edge in the Lebanese town of Batroun, some 50 km north of Beirut. Designed by a New York-based architectural studio formed by Rhode Islander Dan Wood and Beirut-born Amale Andraos, the courtyard is surrounded by a green roof, with an aluminium and steel trellis giving shade throughout the day. Triangular shapes are prominent throughout, giving Villa Papillon a distinct character to contrast with striking art and furnishings. It is built for solitude, with a robust back façade that conceals nothing. Along with immediate beach access, a spacious deck wraps around the seashore, with a triangular swimming pool inset in one corner, lined with Bisazza glass mosaic tiles and bordered by a Carrara marble coping. Making the most of the location,...
Recycling aluminium is one of the most fundamental options for reducing carbon emissions as primary aluminium production is energy intensive and complicated. Rising concerns about Global Warming have insisted entities adopt more sustainable methods. Still, last week there was a daring revelation as we saw Brazil has successfully recycled 100 per cent of the 390,200 tonnes of aluminium cans sold last year in the country, which kicks up the notch a bit. Under a joint venture between Enval, Greenback Recycling Technologies Ltd., and Nestlé México SA de CV, Mexico received its first fully operational recycling plant for separating aluminium from plastic laminates. TOMRA released its latest LIBS technology equipped AUTOSORT™ PULSE sorting machine for separately recycling aluminium alloys....
Aluminium as a metal is gaining popularity in almost all verticals. Be it transport, packaging, or even art form, the metal and its sustainable attributes are not going unnoticed. Like, Lutfa Mahmuda, a graduate of Visva-Bharati University in India, recently hosted an aluminium art exhibition in Uzbekistan. She has dabbled in various art forms, including printing on aluminium sheets, but her primary focus is on the social elements of life and their impact on fine arts. Apart from this, Asda, one of the UK’s major supermarket retailers, has made an essential step towards eradicating single-use plastic. The company has switched from plastic bottle tops to recyclable milk bottle tops made of aluminium and paper. In response to a large rise in demand for aluminium cans, Pakistan Aluminium...
Shandong Nanshan Aluminium, a China-based aluminium company specialised in producing and distributing aluminium products, ordered a new cold rolling mill with Primetals Technologies in March 2023. The mill, featuring UCM technology, would be installed at Shandong’s aluminium plant in Longkou, Shandong province, east China. The UCM technology is well-known for high rolling stability and detailed shape controllability. The mill will help Shandong Nanshan Aluminium expand its rolling output, with an annual capacity of 180,000 tonnes. Thanks to the innovative features of the mill, like shape control actuators like work roll bending, intermediate roll bending, intermediate roll shifting, and a precise spot cooling system, Shandong will be able to execute all cold rolling processes on the mill...
China’s aluminium ingot inventories descended week-on-week across the eight central consumption zones, including SHFE warrants, to halt at 595,000 tonnes as of Thursday, June 1, marked Shanghai Metals Market in the weekly aluminium inventory chart. The aluminium inventories tumbled 62,000 tonnes this week, declining 13,000 tonnes more from last week . Due to a decrease in cargo arrivals and an increase in consumption, south China led a destocking trend. In Wuxi, arrivals decreased by 20-30 per cent, causing local stocks to decline rapidly, while, in Gongyi, limited arrivals and improved consumption resulted in a decline in stocks after an increase the previous week. When tallied with last Monday, May 29, the aluminium social inventories witnessed a drop of 26,000 tonnes, but when compared...
Lafayette, Indiana, is home to the world's largest aluminium-lithium facility, Alcoa's Casting House. The plant, which cost $90 million and took two years to construct, is situated on a 170-acre, multi-building plot. According to the World Record Academy, it sets the world record for being the largest aluminium-lithium aerospace plant. "Alcoa officially opened the world's largest aluminium-lithium plant in Lafayette, Ind., where it will produce advanced, third-generation aluminium-lithium alloys for the aerospace industry," sources revealed. The Casting House will forge aluminium lithium alloys that will be used to manufacture wing skins, fuselage skins, wing stringers, floor beams, and seat tracks for commercial jets built by Boeing, Airbus, and Gulfstream. Alcoa, the company behind the...
The Ohio State University and Audubon Metals have agreed to work together to advance technology that could increase the use of recycled aluminium alloys. Audubon Metals has plants in Kentucky and Texas and produces secondary aluminium alloys from aluminium scrap, which it then delivers to die casters in the U.S. and abroad. Professor Alan Luo has instigated a team of researchers to develop a way to produce secondary aluminium alloys for use in structural die-casting applications. Primary aluminium, produced through mining and smelting, is currently used in structural applications in the automotive industry because secondary aluminium alloys can contain contaminants like iron that reduce their mechanical properties, the Ohio State University clarifies. However, secondary aluminium alloys...
Alupro's executive director, Tom Giddings, will be a part of this year's Environmental Packaging Summit, which will be held on the 13th and 14th of June at the Eastside Rooms in Birmingham. He will discuss the parameters required to reach an 'aluminium-friendly' Deposit Return Scheme (DRS). Tom will participate in a DRS panel discussion to explore the recent developments in all four countries as part of the conference agenda. The two-day event, organised by Packaging News, will address a variety of themes, such as sustainable packaging, regulation, and industry participation. While EPR changes and DRS legislation will be a major emphasis on both days, day one will include many net zero workshops. In contrast, day two will concentrate primarily on the entire supply chain and industry...
Founded in North East England in 1973, K Home International, a family-run engineering firm that has worked on projects worldwide, is celebrating 50 years in business. The journey started with a vision to provide engineering design, project and construction management services that deliver its clients the most appropriate and effective solutions. As a company founded by Ken Home, K Home International has been providing engineering design and project management services to several prestigious projects. Ken said, "Some of the key highlights of our 50 years in business are the projects we've worked on, including one of our first jobs at the British Aluminium smelter in Lynemouth, a company we continued to work with for over 40 years until the plant closed." "Other notable contracts include a...
The new Long Island City hotel, located at 52-09 31st Place, is almost complete and features a wide range of GAMCO Corporation's glass, window, door, and aluminium products. The 20-story building stands 210 feet tall and can easily be seen from the nearby Queens Midtown Tunnel to Manhattan. GAMCO supplied over 19,000-ft 2 of products, including high-efficiency glazed commercial windows, aluminium curtain walls, storefronts, balcony doors, commercial entrance doors, and metal louvres. The installation of GAMCO's commercial windows, including fixed and casement styles, was made possible by using their head and sill receptor systems. AGC Energy Select 28 low-E dual-pane insulated glass units were used for the windows, which were field glazed in the frames at the job site. Additionally, GAMCO...
L'Occitane Travel Retail's exciting 'Gift of Nature' campaign has been officially launched in the Middle East. The brand is highly associated with aluminium and sustainability. All the 'Gift of Nature' products are composed of recycled aluminium. A unique limited version of L'Occitane's best-selling Shea Hand Cream (150ml) in a 95 per cent recycled aluminium tube was also created for the campaign. In fact, the 75ml and 150ml hand cream tube packaging L'Occitane en Provence is made entirely of recyclable aluminium. A nature-themed display debuted in April at the Dubai Duty-Free Pop-Up store in Concourse D at Dubai International Airport, and the promotion is currently being carried out in the shops' off-shelf areas. This innovative travel retail project is the follow-up to the brand's...
The Visvesvaraya Industrial and Technological Museum (VITM) in Bengaluru will showcase a life-size replica of NASA's Mars Rover Opportunity in its Space Technology Gallery. The replica, built by Cornell University students in the US, was originally displayed at the Smithsonian's Air and Space Museum in Virginia and later exhibited at the 2020 World Expo in Dubai. It was received by the American Center in the US Consulate in Chennai, where it was on display from November 2022 to March 2023. The Mars Rover Opportunity, like many other spacecraft , has been crafted with a concoction of stainless steel, titanium, and aluminium alloys. One thing common to all these elements is the lightweight factor, which is crucial for making outer space modules. Aluminum is a lightweight material with a 2.7...
Asda, one of the largest grocery chains in the United Kingdom, has taken a significant step towards eliminating single-use plastic. The firm has transitioned from plastic bottle tops to recyclable milk bottle tops made of aluminium and paper. This change is part of Asda's commitment to minimising plastic waste and assisting in environmental protection. The new milk bottle caps are recyclable since they are constructed from aluminium and paper. This mixture is the perfect weight and durability for a bottle cap. Aluminium used can be recycled, and the paper comes from responsibly farmed forests. Because of this, not only are the bottle caps recyclable, but they also have less of an effect on the environment than their plastic counterparts. There are several advantages to using recyclable...
Amazon has launched a new smart speaker in India called the Echo Pop, which boasts an innovative semi-sphere design and a front-facing speaker that delivers high-quality sound. The most impressive part about this device is that it has been comprised of 100% end-of-life recycled fabric and 80% recycled aluminium. The device features a new AZ2 Neural Edge processor that enables faster response times from Alexa. The Echo Pop is the smallest smart speaker in Amazon's Echo lineup, measuring 99 mm x 83 mm x 91 mm, making it smaller than the Echo Dot by a decent margin. It's also the most affordable speaker, priced at INR 4,999 compared to the Echo Dot's INR 5,499. Customers can purchase the Echo Pop in four colours - White, Black, Green and Purple - via the Amazon India website or online and...
Novelis Inc., the world's leading aluminium flat-rolled producer and recycler, has signed a new long-term contract with Coca-Cola Bottlers' Sales & Services Co (CCBSS), the contractual agent for Coca-Cola Co.'s authorised North American bottlers. Under this agreement, Novelis will provide Coca-Cola's official North American bottlers with aluminium can sheet for The Coca-Cola Company's family of famous brands. This includes supplies from Novelis' factory in Bay Minette, Alabama, which is now under development and is set to open in 2025. Through the CCBSS and Novelis arrangement, Atlanta-based Coca-Cola North American Bottlers have agreed to purchase undisclosed aluminium can sheets over a multiyear period. According to Novelis, demand for aluminium beverage can sheet is expected to grow at...
The global aluminium industry witnessed a volatile month, May 2023, regarding the metal's price. Although there were some price moments, the range remained between USD$100-USD$150. We all know that the global manufacturing sector is in the mode of reducing carbon footprints, so everybody's focus is on sustainability. Auto giants like Mercedes Benz have tied up with Hydro for low carbon aluminium supply, while the Russian aluminium producer Rusal has approved its 2035 Sustainable Development Strategy. On the other part of the world, in the continent where bauxite availability is abundant, Africa, a country named Ghana, for whom the IMF has raised concerns that the West African nation may fail to pay its Chinese debt, making the world's second-largest economy gain access to the country's...
LME aluminium opened at US$2,243.5 per tonne on Thursday, with its low and high at US$2,233.5 per tonne and US$2,292.5 per tonne respectively before closing at US$2,270 per tonne, up US$23 per tonne or 1.02 per cent. On June 1, Thursday, the LME aluminium cash bid price and the LME aluminium official settlement price halted at US$2,280.50 per tonne and US$2,281 per tonne, skipping upward by US$26 per tonne or 1.15 per cent each. The LME aluminium price chart shows a gradual decline of 15.56 per cent or US$420.50 per tonne on a year-on-year basis from 1 June 2022, when the spot price stood at US$2,701.50 per tonne. This is mainly due to the heightening energy prices and the prevailing economic upheaval in the European trade industry. The 3-month bid price and the 3-month offer price both...
