Glencore has defended its progress on the Aurukun bauxite project in Queensland, saying it has met all commitments under its licence conditions, as calls for greater scrutiny mount over its proposed sale to Rio Tinto. Queensland MP Robbie Katter, a member of the Parliamentary Primary Industries and Resources Committee, is seeking an inquiry into the deal. The reported sale value has been put at USD 250 million, though this figure has not been confirmed. Katter questioned why a multinational company should hold a public resource without developing it and then sell its interests. He said, “That resource is owned by the people of Queensland, it’s not the government’s to play around with, or for any of these global mining companies to just trade.” Explore the production, demand and...
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...
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According to the International Aluminium Institute, world primary aluminium production amounted to 5.628 million tonnes in April 2023, reflecting a fall of 3.18 per cent month-on-month from 5.813 million tonnes. The output in March recorded an increase of 10.03 per cent month-on-month from 5.283 million tonnes. On a year-on-year comparison, world primary aluminium production in April grew marginally by 0.34 per cent from 5.609 million tonnes. In the first four months of 2023, world primary aluminium production totalled 22.582 million tonnes, up by 1.77 per cent from 22.136 million tonnes during the same period last year. World’s average daily primary aluminium production was 187,600 tonnes in April’23 compared to 187,500 tonnes a month ago and 187,000 tonnes a year earlier. In China,...
Three-month LME aluminium opened at $2,266 per tonne on Tuesday, with its low and high at US$2,216per tonne and US$2,270 per tonne, respectively, before closing at US$2,220 per tonne, a drop of US$43.50 per tonne or 1.92 per cent. On Tuesday, May 23, the LME aluminium cash bid price extended its fall by US$59.50 per tonne to close at US$2,201.50 per tonne, while the LME aluminium official settlement price decreased further by US$60 per tonne to US$2,202 per tonne. On the same day, the 3-month bid price and 3-month offer price settled at US$2,225 per tonne and US$2,227 per tonne, down by US$35 per tonne from US$2,260 per tonne and US$2,262 per tonne on May 22 , respectively. December 24 bid price and December 24 offer price slipped US$20 per tonne to peg at US$2.398 per tonne and US$2,403...
The Rathmann Xterminator go-kart was created in 1961 by Jim Rathmann Racing Products Inc in Dallas, Texas. Jim Rathmann, a successful race car driver who won the Indianapolis 500, developed the go-kart with a lightweight aluminium alloy frame, which was unique for its time. This frame was advantageous because it was lighter and less prone to corrosion than the more common tubular steel frame. Jim Rathmann had a successful racing career, consistently placing in the top five positions at the Indianapolis 500 throughout the 1950s. In 1960, he won the Indianapolis 500 in a thrilling race against Rodger Ward, which solidified his legacy as one of the greatest racers of his time. Jim Rathmann Racing Products Inc produced a series of advanced go-karts with duralumin aluminium alloy chassis, and...
Diageo, the parent company of renowned liquor brands like Johnnie Walker, Baileys, Smirnoff, Captain Morgan, Gordon, Guinness, and Tanqueray, has recently announced funding the establishment of an organisation in the UK market that aims to create a circular economy for aluminium. The organisation, also known as the British Aluminium Consortium for Advanced Alloys (BACALL), comprises industry experts who will work together to achieve this sustainability goal. As per Diageo's ideation, they will construct a unit to "roll hundreds of thousands of tonnes of aluminium sheet in the UK, more than enough for over 400 million cans of Guinness and pre-mixed Gordon's and tonic". "Currently, to recycle and remake cans, the UK is reliant on an energy-intensive supply chain that is based on the...
Driven by its purpose of shaping a sustainable world together, Novelis Inc., on May 22nd, announced the start-up of its new roll-forming development line. The latest development line will support Novelis in meeting industry demand for a process that can produce large volumes of high-strength aluminium automotive components. The new cutting-edge roll-forming development line, which is situated in the business' Automotive Customer Solution Centre in Novi, Michigan, a suburb of Metro Detroit, will give Novelis the distinct benefit of conducting full-scope, year-round research and development on roll-forming in-house. The ability to access the line at all times will speed up the development of complicated, high-strength aluminium roll forming and enable more rapid process robustness testing,...
Orbex has unveiled the world's first marketplace for the trade of internationally certified recycled metals, intending to create a circular economy. The platform facilitates the trading of environmental commodities and has secured one of the largest supplies of recovered ferrous metal in North America, as well as access to 2% of the global recycled aluminium and copper markets. Recycled aluminium is one of the non-ferrous metals with the lowest carbon content as it stays in the material loop forever, negating the percentage of CO2 emissions with each cycle. To ensure the authenticity of all secondary metals transacted, the company applies a certification of origination (COO), which details the materials' proof of provenance and origin. Orbex develops authentication standards and processes...
Reusable aluminium cups from War on Single-Use Plastic (WOSUP) will be tested at the Wallabies vs Argentina rugby union test match at Sydney's CommBank Stadium on July 15th. Instead of single-use plastic, 20,000 WOSUP cups will be used during the match, eliminating approximately 220kg of plastic waste and offsetting 60,000kg CO₂-e, which is equivalent to planting 95 trees through WOSUP's partnership with Greenfleet, Australia's first carbon offset provider. The aluminium cup initiator has a tree planting collaboration with Greenfleet, which offers a net carbon reduction of 3kg CO₂-e peruse. This trial is the first step in testing the feasibility of using and returning WOSUP's reusable aluminium cups by rugby fans. WOSUP aims to establish a long-term, sustainable partnership with Rugby...
Aluminium is a metal for limitless creativity in the hands of the architect, allowing them to design structures not possible with wood, plastic, or steel. Strong impetus for the reduction of carbon footprint throughout the world has also made aluminium a popular building and construction metal. Aluminium’s usage in the building and construction industry is expected to reach 21.8 million tonnes by 2023. In several regions worldwide, the building and construction industry advanced in 2022 with varying degrees of growth. In 2022, the worldwide usage of aluminium in building and construction was 21.6 million tonnes, a 1.2 per cent rise over the previous year. Aluminium use in the building and construction industry is expected to reach 21.8 million tonnes by 2023. Globally, the building &...
Emirates Global Aluminium, a leading industrial company in the UAE besides oil and gas, has signed a memorandum of understanding with BP. The purpose is to explore potential projects and opportunities that could decrease the carbon intensity of EGA's calcined petroleum coke supply. This non-binding and non-exclusive agreement was exchanged in Abu Dhabi between Abdulnasser Bin Kalban, EGA's CEO, and William Lin, bp's Executive Vice President of Regions, Corporates & Solutions. Calcined petroleum coke is turned into carbon anodes that are used in reduction cells during the aluminium smelting process. EGA uses approximately one million tonnes of calcined petroleum coke per year. EGA imports most of it, while up to 40% comes from ADNOC. BP has been supplying EGA with calcined petroleum coke...
Pre-book your calendar for the Aluminium GDC Tech (Great Die Casting) mega event and the Forging Technology Forum mega event at the Chennai Trade Centre from December 1 to December 3, 2023. The event is a great place to gain in-depth knowledge about aluminium die casting and forging technology, growth and development related to the industry and other important details. The event will focus on theme-based conferences and panel discussions guided by industry stalwarts and leaders discussing new technologies and emerging problems in separate conference halls for forging and casting. The event will also encourage college and technical institute students and researchers to engage in the following: Special STUDENT DAY for engineering colleges Project Competition for Postgraduate and PhD...
LME aluminium opened at US$2,288 per tonne on Monday, with its low and high at US$2,249.5 per tonne and US$2,289.5 per tonne respectively before closing at US$2,263.5 per tonne, a drop of US$20.5 per tonne or 0.9 per cent. On May 22, Monday, the LME aluminium cash bid price closed at US$2,261 per tonne, with a fall of US$37 per tonne or 1.61 per cent and the LME aluminium official settlement price halted at US$2,262 per tonne, decreasing by US$38 per tonne or 1.65 per cent. The 3-month bid price stopped at US$2,260 per tonne, with a slump of US$35 per tonne or 1.52 per cent and the 3-month offer price declined by the same number, anchoring at US$2,262 per tonne. December 24 bid price and December 24 offer price both have shed US$30 per tonne or 1.22 per cent, officially closing at...
The Hurunui District Council has collected record-breaking 24 sacks of aluminium wine bottle lids to help patients suffering from kidney failure and their families in Canterbury during the 2022-2023 year. The council partners with the Amberley Lions Club, which sells these aluminium lids for recycling and donates the proceeds to the Christchurch Kidney Society. This initiative has received support from various organizations and aims to give back to the Canterbury communities. Sally Cracknell, the path shower to the Council's Waste Minimisation Team, claimed that the collection has heightened from the 2021-2022 phase, accumulating a sum of 13 sacks full of aluminium lids. "It's only beaten by the 2019-2020 year, which had included unused lids from the district's wineries, inflating the...
Aluminium Bahrain (Alba), the world's largest aluminium smelter ex-China, has entered into an operation and maintenance agreement with Bahrain's Electricity and Water Authority (EWA). As part of this agreement, both entities can exchange energy annually and seasonally to increase power efficiency by strategically scheduling the timing between exports and imports within their electric systems. According to EWA President Kamal bin Ahmed Mohammed, this agreement falls under the Kingdom's energy programs aimed at improving the quality of energy production and investing in the best possible methods. The energy exchange process follows rigorous technical procedures to ensure that all connected lines operate efficiently and adhere to operational standards that maximise the benefits of energy...
Marylebone Cricket Club (MCC) has stepped forward towards increasing its sustainability initiative by joining forces with Re:Water, making it the official water supplier of both Lords and the club. As part of the agreement, innovative licencing options will be sought to make Lord's and MCC branded aluminium water bottles, adding an exciting and sustainable item to the larger offering to fans visiting the Home of Cricket. Re:Water will be available for purchase across the arena ahead of a spectacular summer of cricket at Lord's, including men's and women's Ashes, matches. It is the world's first spring water in a bottle of recycled aluminium. "At MCC, we are taking sustainability seriously, and we believe this new and exciting partnership with Re:Water signals our intent. WE BELIEVE THAT...
During the second half of April 2023, the Govt. of India gave the go-ahead to the National Quantum Mission (NQM) with a grant of INR 6,000 CR (around USD $725 million) to build quantum computers and apply quantum computing in various fields of research. Quantum Computing operates in qubits, i.e. they can process ones and zeroes simultaneously. Standard computers operate in bits (ones and zeroes only). As quantum computers can read the patterns or streams of ones and zeroes, they are 100 million times faster than even the most powerful supercomputer in the world. For example, Google’s sycamore computing system with 54 qubits processing capacity can carry out some calculations in 20 seconds which even the fastest supercomputer in the world will take 10,000 years to process. Many other...
Sunrise Metal announced its most recent investment in GISS technology for aluminium die-casting production. With over 23 years engineering expertise and highly experienced board staff, the major maker of aluminium-die casting goods is well-known for its dedication to innovation and constant progress. GISS technology will significantly enhance the company's manufacturing process and efficiency. The GISS slurry unit is simple add-on equipment that can be mounted on a cold chamber aluminium die-casting process. It is simple to apply to diecast machines equipped with ladler dosing, which may convert metal alloys into semi-solid slurry materials by adding nitrogen. The final casted pieces expelled from the mould will thus have reduced shrinkage porosity, better mechanical characteristics, are...
Magna International Inc., a Canadian automotive parts manufacturer, and the Department of Energy’s Pacific Northwest National Laboratory (PNNL) have reportedly developed a manufacturing process that can reduce aluminium auto parts suppliers’ reliance on new aluminium. The new process, Shear Assisted Processing and Extrusion, enables manufacturers of aluminium parts to turn aluminium scrap and leftover trimmings into products suitable to automotive standards. Typically, in this process, recycled aluminium is added to newly mined aluminium to manufacture higher-quality auto parts. This is how the use of primary aluminium is reduced in the new process, helping companies cut carbon emissions by as much as 90 per cent. When asked what led to this invention, Aldo Van Gelder, general manager of...
Tata Group, the parent firm of Jaguar Land Rover, is leaning towards picking Britain over Spain for a gigantic battery plant for electric vehicles. According to those who know the situation, Tata, a conglomerate with interests ranging from metals to food, is considering a facility in England after the U.K. government proposed a support package. However, the people said no final decision had yet been made, and Tata could still decide on a second location. Tata's preference for the UK would ensure the survival of JLR's facilities and represent a significant victory for the government as Spanish officials were vying for the investment. Based in Somerset, England, the facility would make batteries for Jaguar Land Rover’s planned range of full-electric models due in 2024. It has been earlier...
