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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In South Korea, the Beaujolais Nouveau has been introduced by the Amsterdam-based Dutch business IPL Brands BV, which is well-known for its high-quality sparkling wines. This famous French wine will be sold in 200 ml aluminium cans made by Ardagh Metal Packaging (AMP). French Beaujolais and Beaujolais Village areas, located north of Lyon, produce the delicious red Beaujolais Nouveau, created from Gamay grapes. Among the "vin de primeur" (young wines) that are meant to be drunk the year they are produced, you'll find Beaujolais Nouveau. At first, it was performed to mark the completion of the harvest. Jacek Madry, chief commercial officer at Ardagh Metal Packaging Europe, said, "It is really gratifying to see that consumers in Asia can enjoy Beaujolais Nouveau in our cans this year. Our...
Orxa Energies has recently unleashed its electric motorcycle, Mantis, on the road. It has been six years since the company unveiled the look of the first prototype. With an aerospace-grade aluminium structure, the E-bike is extraordinarily lightweight and agile. Aluminium is widely used in the manufacturing of automobiles and motorcycles due to its excellent properties, such as high strength-to-weight ratio, good corrosion resistance, and ease of processing. The Orxa Mantis is no exception when it comes to the use of aluminium in its construction. The motorcycle features an aerospace-grade aluminium frame that houses its components, thereby reducing its overall weight and increasing its performance. The use of aluminium in the Orxa Mantis was not a random choice but a result of a lot of...
Aluminium foil shipments from European rollers were impacted in Q3 2023 by sluggish demand for foil products owing to high inflation and interest rates worldwide. According to the survey carried out by the European Aluminium Foil Association (EAFA), Q3 shipments amounted to 191,000 tonnes, down by 20.08 per cent from 239,0000 tonnes during the corresponding period of the previous year. Total foil shipments (both domestic and overseas) by European rollers during the first nine months of 2023 amounted to 636,000 tonnes – 12.9 per cent less than in the previous year. Thinner gauges, used mainly for flexible packaging and household foils, continued double-digit declines, reflecting 19 per cent drop in domestic shipments and almost 40 per cent in exports. Year-to-date shipments of these gauges...
Pepsi is continuing its 125th-anniversary celebration by returning with Shaquille O'Neal, whose many Pepsi ads pleased and surprised customers during the 1990s, in a new campaign emphasising Pepsi Mini aluminium cans as the ideal complement for snack and dinner situations. In the new commercial, Shaq wishes he could be "a little bit smaller" when confronted with the hazards of his larger-than-life stature to celebrate that Pepsi Mini Cans are always the ideal size. "As a longtime partner of the brand, I always have a great time working with Pepsi. It was incredibly fun to create the 'I Wish' commercial, showing how things could be better if I were indeed a little bit smaller. With Pepsi Mini Cans, I can enjoy every sip and appreciate the little things in life," said Shaquille O'Neal. The...
The European Parliament gears up for a significant legislative battle as a text promoting sustainable packaging faces amendments after intense corporate lobbying. With packaging waste reaching 188.7 kg per person in 2021, the proposed legislation aims to reduce per capita packaging waste by 10 per cent by 2035, with a target of 15 per cent by 2040. Here are the highlights and key focus: The legislation emphasises a shift from recycling to reuse, imposing binding levels for various sectors like e-commerce, catering, and alcoholic beverages. However, potential exemptions, especially for drink bottles, are under discussion, depending on amendments adopted by MEPs. A significant legislative project aspect is maximising recycling through targeted waste collection. States may be obligated to...
Corona recently unveiled a colour-changing Christmas special aluminium cans of Corona Extra and matching robes. The Mexican-based beverage company also roped in celebrity fashion designer Talia Coles as part of its "La Vida Más Fina" promotion. The special holiday combo, Feliz Navi-Drip, was introduced with limited-edition holiday cans of Corona Extra and corresponding robes, both meticulously crafted by Talia. This collection is the first occasion in which the company has extended an invitation to a designer to reimagine the Corona Extra can. Corona Extra's limited-edition colour-changing aluminium cans are offered exclusively in 12-packs in four cities: Philadelphia, Miami, New York, and Los Angeles. The special edition Christmas cans will hit store shelves on Black Friday, just in time...
Aluminium aircraft parts provider Daiki Seiko Co. has momentarily started manufacturing aluminium bear bells, citing an increased rate of wild bear attacks in the country. The Komaki-based die-maker is an expert in creating precisely engineered aluminium components for the aerospace industry. But, the prevailing bear fear has instigated the company to enter this particular end-user business. The bear bell project was initiated in August and has been designed so that the high-pitch tone can travel longer distances. The bells are usually 6 centimetres long and sport a 4 centimetre diameter. The bells are casted from rigid or hard aluminium, a 100% recyclable metal. Due to aluminium's lightweight property, a bear bell's average weight is only 35 grams. Daiki Seiko Co. already possesses a...
According to an update on Monday, November 20, Hydro and Glencore’s partnership over Alunorte and Mineracão Rio do Norte (MRN) acquisition has received unconditional approval from relevant competition authorities, including Brazil, China, Germany, and Austria. There remain no regulatory conditions pending to complete the transaction for the acquisition. As per the recent report, all the conditions have been approved, allowing Glencore to acquire a 30 per cent equity stake in Hydro’s Alunorte alumina refinery and Hydro’s 5 per cent ownership in the most prominent Brazilian bauxite producer Mineracão Rio do Norte (MRN). In addition, Glencore will acquire a 40 per cent stake in MRN, which is currently owned by Vale. As per the terms of the agreement, Hydro will first need to purchase the 40...
In December last year, a US$250 million incentive package was allotted for Lotte Aluminum Materials USA by the Elizabethtown City Council, which is at present being revised for an ordinance of US$450 million. The Kentucky-based aluminium sheets and foil manufacturer has surpassed the prerequisite amount to construct its plant at the T.J. Patterson Industrial Park, and this incentive revision is in adherence with that. The move would authorize the sale and issuance of up to $450 million of the city's industrial building revenue bonds for the company. City Attorney Ken Howard confirmed that this bond would not affect the bonding capacity of the city or its bond rating. The City Attorney Ken Howard exclaimed about the action in a statement released beforehand: "The industrial revenue bond,...
The Implementation Plan for Carbon Peak in the Industrial Field of Guangxi Zhuang Autonomous Region proposes a series of measures to reduce carbon emissions and promote efficient and sustainable development of the non-ferrous metal industry. The plan aims to strictly control the smelting capacity of electrolytic aluminium, copper, lead, zinc, and aluminium oxide, among others, by adhering to the total capacity constraint. New and expanded smelting projects must be in accordance with industry standards and meet advanced benchmarks for energy efficiency and environmental performance. The plan also emphasizes structural adjustment and optimization by promoting the development of precision and deep processing of aluminium, copper, and rare metals. Inefficient production capacity will be...
In the ever-evolving sustainability landscape, the Australasian Recycling Label (ARL) Consumer Insights Report 2023 by the Australian Packaging Covenant Organisation (APCO) sheds light on the current recycling practices in Australia and New Zealand. Source: APCO With a focus on the impact of packaging materials on the environment, this report delves into consumer perceptions, behaviours, and the role of the ARL Programme in guiding informed choices. As concerns about packaging sustainability persist, the report aims to comprehensively understand consumer attitudes and behaviours toward recycling. Recycling remains a crucial part of the sustainable commitment for Australians despite challenges faced by the domestic recycling industry. Recycling is perceived as a vital daily action for...
The Russian and Italian governments have shared a long-term partnership. A significant role has been played by Italian architects in the development of St. Petersburg, the Russian port city on the Baltic Sea. It was not until February 1924 that direct relations were officially established. In October 1944, full diplomatic relations were reestablished between the two nations after a period of tension. As the Russian Federation emerged in the 1990s, economic and trade ties were strengthened, culminating in a friendship treaty. From 1991 to 2014, the relationship between the Russian Federation and Italy experienced a positive trajectory, marked by an upward trend. In the ensuing years following 2014, a significant paradigm shift occurred, reaching a critical juncture in March 2018. Despite...
Aluminium Stewardship Initiative has reportedly granted Performance Standard V2 (2017) Certification to Shanghai Huafon Aluminium Corporation, recognising its manufacturing processes of casting, hot rolling, cold rolling, slitting and stamping at a plant in Jinshan District, Shanghai, China. The production facility has an annual capacity of 175,000 tonnes of rolled aluminium products, which are widely used for automotive, engineering machinery, power stations, air conditioning and battery housing. The ASI Performance Standard V2 (2017) defines environmental, social, and governance principles and criteria, aiming at addressing sustainability issues in the aluminium value chain. It sets forth 59 criteria under the three sustainability pillars of Environment, Social and Governance, which...
Crown Holdings, one of the world's largest aluminium can manufacturers, has just disclosed the recipients of its annual Chairman's Sustainability Awards. These prestigious accolades recognize specific manufacturing sites within the organisation's worldwide network for their outstanding achievements in three key areas: environmental sustainability, safety practices, and social responsibility. The current awards cycle commemorates the program's 10th anniversary and acknowledges the collaborative efforts of its extensive staff over the last decade. "From making critical process improvements that boost workplace safety and reduce our environmental footprint to going above and beyond in the face of tragedy to protect their colleagues in need, our employees continue to astound us with their...
A multifaceted business conglomeration, the Seashore Group, has publicised the inauguration of a high-tech unit for metal recycling known as Al Wajba Alloys Factory. The facility has been constructed on a total area of 20,000 sqm, and it operates as a recycling factory for electronic scrap, copper and aluminium. Al Wajba Alloys Factory adheres to international standards for safety, quality, and environmental management, with stringent measures implemented for quality control to ensure the highest quality of recycled materials. Aluminium recycling saves more than 95% of the total energy required during traditional primary aluminium production, and upon transformation the non-ferrous metal can hold onto the original properties, making it a closed-loop metal. The factory integrates...
The world's primary aluminium production in October 2023 experienced a month-on-month rise after a fall in the previous month, found the International Aluminium Institute. Data shows the output recorded an increase of 3.29 per cent from 5.921 million tonnes in September to 6.116 million tonnes in October 2023. Last month, the world's primary aluminium production was 2.15 per cent less than 6.051 million tonnes in August. On a year-on-year basis, the global output in October edged a hike of 3.91 per cent from 5.886 million tonnes, according to IAI. The accumulated production volume of primary aluminium across the globe from January to October 2023 amounted to 58.592 million tonnes, up by 2.11 per cent from 57.381 million tonnes during the corresponding period of the previous year. In 2022,...
China’s average alumina spot price has gone down the graph by RMB 1 per tonne to close at RMB 2,996 per tonne. The alumina price in Shandong has tumbled by RMB 5 per tonne to officiate at RMB 2,945 per tonne. The Australian Alumina FOB price has faced a substantial fall of RMB 7.13 per tonne to close at RMB 2,330.01 per tonne. On November 20, the Shanghai Metals Market witnessed downward strives in aluminium price trends, with the SMM A00 aluminium ingot price discarding by RMB 120 per tonne to close at RMB 18,880 per tonne. The average aluminium prices have circulated between RMB 18,860 per tonne and RMB 18,900 per tonne. China’s central provinces have all experienced slump in aluminium prices, with Linyi negating RMB 170 per tonne to rest at RMB 18,950 per tonne, followed by RMB 160 per...
LME aluminium opened at US$2244.5 per tonne in the previous trading day, with its low and high at US$2233.5 per tonne and US$2264 per tonne, respectively, before closing at US$2255.5 per tonne, up US$11.5 per tonne or 0.51 per cent. On Tuesday, November 21, both LME aluminium cash bid price and LME aluminium official settlement price grew by US$10 per tonne or 0.45 per cent and US$9.5 per tonne or 0.43 per cent to clock at US$2,201 per tonne and US$2,201.50 per tonne. As per the London Metal Exchange (LME) data , both 3-month bid price and 3-month offer price hiked by US$11 per tonne or 0.49 per cent and US$11.5 per tonne or 0.51 per cent to halt at US$2,239 per tonne and US$2,240 per tonne. December 24 bid price and December 24 offer price also ascended by US$10 per tonne and US$5 per...
