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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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...
Running its 25 th edition and hosted by Ma’aden, the Arab International Aluminium Conference and Exhibition (ARABAL), the premier platform for the aluminium industry in the Arab world opens today at Hilton Riyadh Hotel & Residences, Riyadh, Saudi Arabia. ARABAL was honoured to have H.E. Khalid Al-Mudaifer, Vice-Minister of Industry and Mineral Resources, Kingdom of Saudi Arabia, deliver the Keynote Opening Session alongside Ma’aden CEO, Robert Wilt, and ARABAL Chairman Mohammed Al-Naki. Following the opening remarks, H.E. Khalid Al-Mudaifer officially inaugurated the ARABAL Exhibition. He toured the stands, beginning with Ma'aden, and then visited other ARABAL Committee Members' stands, including Alba, EGA, and Sohar Aluminium, as well as prominent Saudi institutions and industry players....
In a momentous display of collaboration with their industrial tenants, Sohar Port and Freezone introduced the Sohar Net Zero Alliance (SNZA) to advance Oman's ambitious goal of carbon neutrality by 2050. It is worth noting that this alliance is strategically aligned with ENGIE's overarching commitment to decarbonization and sustainable energy solutions on a global scale. Additionally, the SNZA aims to leverage alternative energy sources, promote green power, advance green hydrogen initiatives, and establish a state-of-the-art Carbon Capture, Utilization, and Storage (CCUS) facility within the Sohar Port premises to bolster Oman's '2050 Net Zero Commitment'. The signing event was held on November 5 this year, depicting the official beginning of this incredible partnership highlighting...
The signing ceremony for the lightweight auto parts manufacturing base project was conducted on November 14 between Wangjiang Economic Development Zone and Anhui Guleichi Circular Economy Industrial Park Co., Ltd. The first stage primarily involves the production of aluminium ingots, aluminium rods, aluminium water, copper ingots, copper rods, and lightweight automotive components, among other items. The project's overall investment amounts to RMB 3 billion and will be executed in three stages. Following the implementation of formal production processes, the annual output value is projected to reach RMB 1.5 billion, accompanied by an annual tax payment of RMB 150 million. During the subsequent stage, the available open area inside the Andal Automobile project will be used to construct a...
One of the most significant aluminium beverage can producers in the USA, Ball Corporation, has recently taken over a warehousing and manufacturing property near Jefferson State Community College in Pinson. This industrial zone situated at 124 Carson Road would aid Ball in augmenting its capacity. A real estate data firm, Reonomy, has confirmed that the construction located on the 13-acre site spanning 147,810 square feet of land is very close to manufacturing enterprises like The Sherwin Williams Co., Ryerson and Autocar Trucks. On October 10, OHBC Warehousing LLC was successful in acquiring the property from Rexam Beverage Can Co. Inc. for a whopping amount of US$2.3 million. Rexam Beverage Can Co., the seller, on the other hand, shares a company address listed at 9200 West 108th Circle...
Shanghai Huafon Aluminium Corporation has acquired ASI Performance Standard V2 (2017) Certification for its manufacturing processes, which include casting, hot rolling, cold rolling, slitting, and stamping, at its Jinshan District production site in Shanghai, China. The firm produces 175,000 tonnes of rolled aluminium products annually, utilised in automotive, engineering equipment, power plants, air conditioning, and battery housing industries. Shanghai Kylin Certification Service Co., Ltd. conducted the independent, third-party audit of Shanghai Huafon Aluminium Corporation. The audit occurred before May 31, 2023, allowing for Performance Standard V2 certification. The ASI Certification programme, established after intensive multi-stakeholder input, is the first complete voluntary...
One of the largest premium beverage companies, Diageo North America, is providing ten million 12-ounce aluminium water cans to the humanitarian charity Convoy of Hope to help local communities in the United States affected by natural and humanitarian catastrophes. The aluminium cans will be stored strategically for deployment to communities and humanitarian agencies during times of need. Diageo's Lincolnway production complex in Plainfield, Illinois, which makes malt-based drinks and spirits-based ready-to-drink cocktails, fills the cans. Convoy of Hope will deliver the cans after they have been supplied to its Springfield, MO, distribution hub and other distribution partners nationwide. "Diageo North America's supply and production functions are world-class and known for nimble,...
Emirates Global Aluminium (EGA), the world's leading producer of 'premium aluminium,' has officially begun the construction of the largest aluminium recycling plant in the United Arab Emirates (UAE). The facility, set to process 170 thousand tonnes of aluminium annually, will be adjacent to EGA's existing smelter in Al Taweelah. Industry analysts foresee a significant surge in global demand for recycled aluminium, projecting an increase from 27 million tonnes per year in 2022 to 57 million tonnes by 2040. This growth is expected to constitute approximately 60 per cent of the global aluminium supply increase between 2022 and 2030, and around 70 per cent between 2030 and 2040. The recycling plant is designed to transform post-consumer aluminium scrap, including used window frames, and...
The global leader in the development, manufacturing, and recycling of aluminium products and solutions, Constellium celebrates the 10 th anniversary of its International Scientific Council (ISC), established in 2013. Over the past decade, the ISC has played a crucial role in guiding Constellium's research and development initiatives, promoting innovation, supporting sustainability goals, and addressing challenges in the dynamic field of materials science. Comprised of five distinguished academic members from global laboratories and universities, the Council offers high-level advisory support and recommendations for R&D, innovation strategies, climate change mitigation plans, research collaborations, and expanding Constellium's scientific network. The Council has delved into diverse...
Bonnell Aluminum comes in support of the International Trade Commission, wherein the entity needs to conduct exclusive investigations on the unfair aluminium extrusion trade imports from 14 countries. This declaration was made public on November 17, and the results of the investigation would be made public upon completion. A subsidiary of Tredegar Corporation, Bonnell Aluminum is a well-established and respected entity in the aluminium industry, renowned for its superior quality and innovative extruded aluminium products. With over 65 years of experience, the company has remained adaptable to the ever-changing dynamics of the industry, displaying a steadfast dedication to excellence and innovation. Bonnell's custom aluminium extrusions cater to a diverse range of markets, including...
Founded in 1847 by brewer J.C. Jacobsen, the Carlsberg Group has emerged as one of the prominent brewing conglomerates on a global scale. Its diverse range of beverage portfolio and its ambition to achieve a zero-carbon footprint have solidified its position in the industry. After setting a goal of achieving a 15 per cent decrease compared to the levels seen in 2015, the organisation has accomplished a 16 per cent reduction in its value chain emission. The most recent evaluation of Carlsberg Group's carbon emissions within its value chain affirms that Carlsberg has surpassed its 2022 aim for lowering carbon emissions across its value chain, including activities from recycling aluminium cans and PET bottles to barley cultivation. The importance of aluminium in reducing carbon emissions...
The Kaiser 3 Series from AndaSeat has a robust structure supported by a steel frame and a sturdy aluminium base, which provides optimum comfort to gamers during long and arduous campaigns that can take more than twenty-four hours. In a recent development, AndaSeat, the pioneer in gaming chair technology, proudly announced its position as the official sponsor for the PUBG Global Championship 2023. From November 18th to December 3rd, 2023, the event will not only be a competitive esports showcase but also a testament to AndaSeat's unwavering commitment to the gaming community and its customers. At the core of AndaSeat's participation in the PGC 2023 is an unwavering passion for the gaming community. The company's provision of cutting-edge gaming chairs for this prestigious event sets a new...
In a victory for U.S. aluminium extruders, the U.S. International Trade Commission (USITC) today found there is a reasonable indication that the American aluminium extrusions industry is materially injured or threatened with injury due to imports from China, Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Taiwan, Thailand, Turkey, the United Arab Emirates, and Vietnam. The Commission’s affirmative vote comes in response to petitions filed on October 4, 2023, by the U.S. Aluminium Extruders Coalition, a coalition of 14 leading aluminium extruders in the United States, and the United Steelworkers (USW) union. The cases allege that unfairly dumped and subsidized imports of aluminium extrusions injure the domestic industry. “U.S. aluminium extruders and their...
From November 30 to December 12, 2023, the world will turn its attention to Dubai, where the 2023 United Nations Climate Change Conference, also known as COP28, will be held at Expo City. COP28 in the UAE is poised to be a significant turning point, serving as a moment when the world collectively evaluates its advancements under the Paris Agreement. Marking a crucial step, the inaugural Global Stocktake (GST) will thoroughly evaluate the strides made since the adoption of the Paris Agreement. This assessment aims to streamline global efforts on climate action, pinpointing the necessary measures to address gaps in progress. Under the COP28 UAE presidency, there is a commitment to ensuring that the world responds to the findings of the GST with a clear and actionable plan. This proactive...
LME aluminium opened at US$2213 per tonne in the previous trading day, with its low and high at US$2211 per tonne and US$2247 per tonne, respectively, before closing at US$2244 per tonne, up US$28 per tonne or 1.26 per cent. The LME aluminium live price chart on November 20 witnessed a spike in overall aluminium prices, with the LME aluminium cash bid price and the LME aluminium official price increasing by US$26.50 per tonne or 1.22 per cent and US$27 per tonne or 1.25 per cent to officially close at US$2,191 per tonne and US$2,192 per tonne. If the aluminium price on October 20 is considered, which was US$2,152 per tonne, we can mark a Month-on-Month surge of US$40 per tonne or 1.86 per cent to what it is today. London Metal Exchange graph displayed that the 3-month bid price and the...
On Tuesday, November 21, China’s A00 aluminium ingot price gained RMB 50 per tonne to score RMB 19,000 per tonne. However, on M-o-M calculation, the price has fallen by RMB 80 per tonne from RMB 19,080 per tonne recorded on October 20. Today, the average prices are expected to stand between RMB 18,980 per tonne and RMB 19,020 per tonne. The spot contract price may be traded at a discount of RMB 30 per tonne and RMB 10 per tonne. The domestic aluminium ingot price in Linyi has surged by RMB 100 per tonne to reside at RMB 19,120 per tonne. On the same day, the prices in Gongyi, Wuxi and Tianjin ascended by RMB 50 per tonne to score at RMB 18,950 per tonne, RMB 19,000 per tonne and RMB 19,030 per tonne. In Foshan, the A00 aluminium ingot price has increased by RMB 60 per tonne to peg at RMB...
HydroSKIN, a new material developed at the University of Stuttgart, Germany, has been found to exhibit impressive cooling potential for building façades. Specifically, it uses a textile and foil-based element to collect rainwater, which can then evaporate and cool the surface of the building. The solution is then pinned on an aluminium profile to maintain a certain shape. In fact, according to Christina Eisenbarth, who led the project, HydroSKIN has been shown to achieve a temperature reduction of more than 20°C on the façade surface when transitioning from a dry to a wet state. Moreover, the surface temperature of HydroSKIN in its wet state is more than 50°C lower than that of other conventional façade materials. The material comprises a multi-layered system design featuring a...
