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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LME aluminium opened at US$2221.5 per tonne in the previous trading day, with its low and high at US$2209 per tonne and US$2235 per tonne, respectively, before closing at US$2211.5 per tonne, down 0.65 per cent. On Monday, November 27, both LME aluminium cash bid price and LME aluminium official settlement price went down by US$2.5 per tonne or 0.11 per cent and US$2 per tonne or 0.09 per cent to clock at US$2,176 per tonne and US$2,177 per tonne. As per the London Metal Exchange (LME) data , both the 3-month bid price and the 3-month offer price grew by US$5 per tonne or 0.22 per cent and US$4.5 per tonne or 0.20 per cent to halt at US$2,221 per tonne and US$2,221.50 per tonne. December 24 bid price and December 24 offer price added US$3 per tonne or 0.12 per cent to peg at US$2,340 per...
SOLIDAL, a well-known architectural building envelope systems manufacturer is thrilled to unveil its latest TEGO Series of non-combustible, ECO2 low-carbon aluminium cladding range to the North American and MENA markets. SOLIDAL's TEGO series is an aluminium architectural cladding series that redefines the interplay between light and shade. This series, which comes in various shapes and designs, introduces a new dimension to architectural aesthetics with its innovative use of materials. The TEGO series is designed to interact with light in a way that creates a visually stunning and emotionally resonant experience. SOLIDAL's TEGO Series presents a wide range of shapes that play with light and shadow in unique ways. These shapes include concave, oblique, box, tapered, valley, and ridge....
Norway-based tech company El-Watch , known for providing wireless, online, and easy-to-use sensor systems (IoT), has been successfully onboarded by AL Biz , the world's first global marketplace that connects millions of buyers and sellers across the entire aluminium value chain. As the aluminium sector undergoes worldwide digital transformation, it is imperative to address the pressing demand for creative, efficient, and dependable solutions to overcome its issues. Their experience and one-of-a-kind solutions allow the global aluminium sector to embrace resilient technology that optimises operations, saves costs, extends machine and equipment lifespans, and assures resource sustainability. The products offered by El-Watch include : Cathode Bar Temperature Sensor Monitoring Engine Hour...
Scottish Chemical Industries, founded by Mr Kamal Khandelwal in 1985, has immensely contributed to the aluminium foundry industries. It is one of the world's largest manufacturers and exporters, certified with ISO 9001 & 14001, and has been providing high-quality products to the Aluminium, Steel, Copper, and Brass foundry industry for over 35 years. The founder and Managing Director, Mr Kamal Khandelwal, established the company with a single product - hexachloroethane. Since then, the company has grown and expanded to include five manufacturing plants in Mumbai and two in China. Some of the services provided by the company are: SCI provides technical support and consultancy to various industries Offers a wide range of products used in foundries of different materials Deals with various...
Pakistan Aluminium Beverage Cans Limited has received entity ratings of "A+" for long-term and "Al" for short-term with a stable outlook forecast from Pakistan Credit Rating Agency Limited (PACRA), as per their latest press release. This rating affirms the company's strong financial profile and sound governance structure. PABC operates on a B2B business model and supplies aluminium cans to beverage producers. The demand for aluminium cans is always on the rise. This company has captured the entire market share of Pakistan and serves as a preferred choice for clients in Afghanistan and other countries. The company's high entry barrier and technical expertise have provided strength to the company to establish its brand name. PABC has established a strong customer base with a well-managed...
Qinghai Qiaotou Aluminium & Electricity recently bagged a special fund subsidy from the Qinghai Provincial Department of Industry and Information Technology. The China-based manufacturer of aluminium ingots and other products was awarded RMB 2.23 million for its 40 sets of 240KA series electrolytic cell energy saving and blocking technology transformation project. Qinghai Qiaotou also received RMB 450,000 for its 2022 national green Factory project. The primary energy conservation project, the major green manufacturing project, and the comprehensive demonstration project are the financial support directions of the unique energy-saving sector of Qinghai Province's industrial transformation and upgrading. The "40 240KA series electrolytic cell energy saving and blocking technology...
In a move to become greener, Accolade Wines has taken a significant step in the Australian wine industry by launching its new brand, Wise Wolf. The brand was introduced to cater to environmentally-conscious consumers' growing demand for eco-friendly packaging. Some of their wise incorporations include 100 per cent recycled glass, plastic and aluminium. The Wise Wolf by Banrock Station range is packaged in bottles made from 91 per cent recycled glass, a move that underscores the group's commitment to promoting sustainability in the industry. Banrock Stations has been at the forefront of promoting sustainability and launched 100 per cent recycled plastic eco-bottles in Australia and the UK last year. The company has also contributed over $7.5 million to conservation projects. The Wise Wolf...
On November 26, the Gulf Ministry of Industry and Commerce announced the initiation of an anti-dumping investigation against aluminium products imported from China. The Gulf Cooperation Council (GCC) Technical Secretariat Office is conducting the investigation against allegedly unfair trade practices of aluminium sheets, coils, and strips, specifically coated or pre-coloured flat or granular rectangular (including square) sheets originating from China. The investigation starts following a complaint lodged by the regional industry to the Technical Secretariat Office to determine if China’s aluminium imports into the Gulf countries are affecting the indigenous aluminium industry. The objective is to safeguard the national metal industry from allegedly detrimental trade practices. The...
According to the United Nations Environment Programme report, the buildings and construction industry stands out as the leading contributor to greenhouse gas emissions, representing a remarkable 37 per cent of the global total. The manufacturing and utilisation of key materials like cement, steel, and aluminium play a substantial role in this carbon footprint. However, this fact also underscores the possibility of positive change, which may surprise some. Those aiming for net-zero buildings must tackle energy efficiency issues and integrate smart building technologies. Importantly, these solutions are not just futuristic concepts; they are already accessible and ready for implementation. Over time, the focus of the sector's advancements has revolved mainly around mitigating the...
The first stage of Alpha HPA's 5N-purity aluminium nitrate precursor manufacturing plant is nearing completion in Queensland. The total production of aluminium nitrate in Stage 1 has achieved an estimated quantity of 258 tonnes, with a specified purity level of 5N (99.999%). Currently, an estimated quantity of 25 metric tonnes of aluminium nitrate has been sent for test samples and transformed into high-purity alumina (HPAs) and alumina tri-hydrates for both sales and test work orders. A small-scale commercial high-purity alumina (HPA) circuit will be installed, and the facility's capabilities will expand to span the whole product range thanks to $15.5 million funding given by the state government's essential minerals development programme. Once the first step of the circuit is entirely...
Nissan launched the EV36Zero EV hub in 2011 with a planned future investment of £ 1.12 billion to materialise the UK's first battery-producing gigafactory. In a recent development, the company also pledged £ 52 million in investment for its Sunderland facility to incorporate the use of recycled aluminium in the production of Qashqai vehicles. Nissan's plan for the total £1.12 billion investment in its UK operations and supply chain is to ramp up the R&D and manufacturing of two new fully electric car models - the Qashqai and JUKE. To add to this, the company has confirmed that the next-generation Nissan LEAFs, which was one of the first commercial-scale electric vehicles to hit the market, will also be produced at its EV36Zero hub in Sunderland. The investment will be deployed towards...
Arab International Aluminium Conference (Arabal) held recently in Riyadh presented many crucial information, including the global aluminium demand set to rise by 20 to 30 per cent over the next seven years. Engineer Khalid bin Saleh Al Mudaifer, the Vice Minister of Industry and Mineral Resources for Mining Affairs of the Kingdom of Saudi Arabia, communicated at Arabal that Saudi Arabia, home to some of the largest aluminium production facilities, would efficiently tap this demand growth and take its aluminium industry a new high. This aligns with Saudi’s Vision 2030 to establish itself as a key global hub for metal production. The Kingdon possesses all the necessary assets required to achieve this aspiration, such as low energy prices and strategically advantageous geographical location,...
LME aluminium opened at US$2228 per tonne last Friday, with its low and high at US$2213.5 per tonne and US$2228 per tonne respectively before closing at US$2225 per tonne, up US$3 per tonne or 0.14 per cent. The LME aluminium live price chart , on November 24, witnessed an overall slump in aluminium prices, with the LME aluminium cash bid price and the LME aluminium official price de-escalating by US$3.50 per tonne or 0.16 per cent and US$4 per tonne or 0.18 per cent to officially close at US$2,178.50 per tonne and US$2,179 per tonne. If the aluminium price on October 24, this year, is taken into account, we can find a Month-on-Month increase of US$32.50 per tonne or 1.51 per cent from US$2,146.50 per tonne. London Metal Exchange graph displayed that the 3-month bid price and the 3-month...
On Monday, November 27, China’s A00 aluminium ingot price has grown by RMB 70 per tonne to clock at RMB 18,890 per tonne. The average prices are expected to stand between RMB 18,870 per tonne and RMB 18,910 per tonne, with the spot contract price expected to be traded at a discount price of RMB 40 per tonne to a premium price of 0 per tonne. As per the Shanghai Metals Market (SMM) data, the prices in Foshan, Wuxi and Hangzhou have gained RMB 80 per tonne to halt at RMB 18,990 per tonne and RMB 18,890 per tonne. On the same day, the prices in Gongyi and Chongqing have ascended by RMB 70 per tonne to settle at RMB 18,910 per tonne. The prices in Shenyang and Linyi have hiked by RMB 20 per tonne to peg at RMB 18,910 per tonne and RMB 18,940 per tonne. Except in Tianjin, the A00 aluminium...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China with a production of more than 1.548 million tonnes per annum, has reportedly achieved a 4-star audit rating for health and safety practices at its smelter. Alba has emerged as the first smelter in the Gulf countries to have attained this stupendous rating, accredited by the British Safety Council (BSC). The latter conducted the Five Star Occupational Health and Safety Audit to acknowledge companies prioritising workers’ health, safety, and wellbeing. The BSC Five Star Occupational Health and Safety Audit is a world-class process to evaluate occupational health and safety against the latest legislation, recognised standards, and best practices. Alba has achieved this rating after going through a 12-day...
The end user segment has seen various exciting advancements this week. Graphene Manufacturing Group (GMG) and Rio Tinto partnered to advance the development of graphene aluminium-ion batteries for the mining and minerals industry. GMG's batteries are designed for heavy mobile equipment and grid energy storage in mining operations. The Joint Development Agreement (JDA) aims to co-develop GMG's Graphene Aluminium-Ion battery pouch cell into an initial battery pack/module proof of concept. Rio Tinto has committed an investment of A$6 million and technical and operational criteria contributions. Ball Corporation, a major aluminium beverage can producer in the USA, has acquired a manufacturing and warehousing property located at 124 Carson Road near Jefferson State Community College in Pinson....
The Australasian Recycling Label (ARL) Consumer Insights Report 2023 by the Australian Packaging Covenant Organisation (APCO) sheds light on current recycling practices in Australia and New Zealand in the ever-changing sustainability environment. On November 19, a fire broke out on the top of Jupiter Aluminium, but it is now under control. The incident was discovered when flames were spotted coming from a pipe, and Beech Bottom incident Chief Greg Sheperd was immediately informed. Subaru of America, Inc. and the Philadelphia Union have accomplished an extraordinary achievement by converting Subaru Park in Chester, PA, into a "zero landfill status" stadium. To commemorate this remarkable achievement, they teamed with TerraCycle, a famous recycling firm in Trenton, NJ, to construct a...
In its commitment to leverage its financial influence to foster a transition to a sustainable transportation system, the Swedish commercial vehicles manufacturer Scania has transformed its goal of decarbonizing the supply chain into compulsory purchasing standards. Christian Levin, the CEO of Scania, said, "We are excited to announce this transformative move, prepared in close collaboration with our suppliers and partners. Implementing green purchasing requirements is both a question of making sustainable transport a reality and ensuring access to low-carbon material in a rapidly increasing competition." Scania has implemented a groundbreaking initiative to reduce supply chain emissions substantially. The company aims to achieve 100 per cent environmentally friendly procurement of...
