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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Mexico imported 13,400 tonnes of aluminium crude metals and alloys from the United States in February 2023, according to the US Geological Survey. The import volume was 4.29 per cent or 600 tonnes fewer month-on-month than 14,000 tonnes but reflected a rise of 16.52 per cent from 11,500 tonnes a year ago. In the first two months of 2023, Mexico’s aluminium crude metals and alloys imports from the US totalled 27,400 tonnes, up by 26.27 per cent from 21,700 tonnes during the same period of the previous year. Mexico continued to be the highest importer of the United States’ aluminium crude metals and alloys in February 2023, followed by Malaysia, importing 10,200 tonnes of metal. On a month-on-month calculation, Malaysia’s imports edged an increase of 35.46 per cent from 7,530 tonnes. The...
Colorbar, a renowned and affordable cosmetic brand in India, recently launched its new 3-in-1 lipstick called 'Take Me As I Am'. This innovative eco-friendly product makes it the brand's first-ever refillable lipstick. It is highly pigmented, long-lasting, and vegan, arriving in 100% recyclable aluminium packaging. The unparalleled 'Take Me As I Am' lipstick range from Colorbar features 20 shades divided into two variants - Creme and Matte. The Creme variant flaunts 12 luscious and radiant shades, while the Matte variant offers eight sophisticated and refined options. This range stands out for its unwavering commitment to 'Clean Beauty' and sustainability. After using the lipstick, one can take the aluminium case to any Colorbar store for a refill at half the original price. By reusing...
The Async A1 electric bike (e-bike), at first impression, looks like a rocket launcher with an aluminium frame. However, the aesthetic appeal is not limited to the first visual impact. The vehicle's integrated aluminium frame gives it more strength and longevity. Because of its triangular design, the electric bike's seat is 1.8 inches thick, providing excellent cushioning and pressure relief to the user. Async A1 is eye-catching because of its streamlined form, which manages to strike a balance between simplicity and sleekness. Async's electric bike line-up comprises the standard A1 and the high-end Pro model. The former has a range of 40 to 75 miles after a full charge, a charging duration of up to seven hours, and a flashing four-inch LCD display. The latter has a more extended range...
The leading South Korean aluminium foil producer, Dong-IL Aluminium Co., has reportedly accelerated its production capacity to cater to the ever-growing demand in the electric vehicle (EV) sector, especially in the United States and Europe. The company will supply more aluminium foil to local EV battery makers. Dong-IL Aluminium has recently announced that it is adding three new rolling mills to the existing five at its Cheongju plant by 2025, aiming to become the largest foil producer in Korea. Each rolling mill can produce 350,000 units of aluminium foil for EVs in a year. “Demand for the high quality of aluminum foil has explosively grown as EV makers have been in a hurry to obtain batteries with both higher safety and energy density to offer longer driving ranges,” Park Chan Gyu, the...
The AC Cobra is a well-known sports car that originated in the 1960s and combined British design with American V8 power. The new AC Cobra GT Roadster aims to keep the tradition alive with a modern yet retro-looking design. Despite its larger size, the new model maintains its lightweight construction thanks to a carbon composite body and an extruded aluminium spaceframe chassis. As it is known, aluminium is lighter than conventional metals used as raw materials in the automobile industry. Its lightweight aluminium construction results in a kerb weight of just 1,450kg, which makes it easier for the 5.0-litre V8 engine to run the vehicle. Buyers can choose between a normally aspirated engine with 338kW and 570Nm or a supercharged variant with 488kW and 780Nm, capable of sprinting from...
Consumer Convenience Technologies (CCT), the creators of the world's first aluminium lug jar lid (EEASY Lid), stated that Edeka Kempken will be introducing the eco-friendly jar lid to European consumers in selected Krefeld shops on May 25. The proprietary EEASY Lid from CCT is intended to assist companies in providing unparalleled access to their jarred food items. The aluminium lug jar lid enables customers to vent a vacuum-sealed jar by pushing a button on the lid, decreasing the torque required to screw off the lid by up to 50%. The new tomato-basil flavour of Edeka Kempken's in-house private-label pasta sauce brand will be available with the EEASY Lid lug by the end of the month. Guglielmo's Sauce became the first food business in the United States to use the EEASY Lid lug on their...
Alcoa Wheels, the industry leader in aluminum wheel innovation, is set to showcase a new product at the Brisbane Truck Show - the Alcoa 22.5” x 8.25” 10-285 American Fitment wheel, ULT36x. This revolutionary product features proprietary MagnaForce alloy, which makes the ULT36x wheel 1.6kg lighter than its predecessor, establishing it as the lightest aluminum truck wheel in the market. The wheel has a new design that doesn't have hand holes, but it has been tested and engineered for maximum durability and strength. The patented Magnaforce alloy is 17% stronger than the industry standard, which has helped Alcoa Wheels create a lighter and more fuel-efficient wheel without compromising on strength. The ULT36x wheel is ideal for commercial fleet operators who need maximum efficiency and...
Book your calendar in advance for the Thirteenth International Aluminum Extrusion Technology Seminar & Exposition, to be held on April 30 - May 2, 2024, at Rosen Shingle Creek, Orlando, United States. If you wish to explore potential business opportunities or expand networkingin the aluminium extrusion sector, then this event is sure to serve you an ideal platform. Aluminium extrusion industry professionals from more than 50 countries will attend the seminar. The event will feature over 100 technical sessions, an exposition featuring products, equipment, and services from industry suppliers, networking events and much more! This premier seminar aims to bring together the thought leaders, decision-makers and top executives from the aluminium extrusion industry for a powerful 3-day event...
German footwear brand nat-2 has teamed up with Remeant, an Israeli start-up specialising in novel fabrics, to bring a vegan sneaker made from used and recycled aluminium foil into the market. nat-2 has named this initiative the 'Reduceusecycle' collection, which tries to identify new, never-before-used materials to reuse and upcycle. The vegan, unisex nat-2 'Sleek Alchemist' sneaker is the result, with an upper constructed of repurposed aluminium foil and shiny glass. The company is known for its commitment towards exploring unique and natural materials like stone, coffee grinds, cork, mushrooms, fish leather, flowers, leaves and others. The inside comprises nat-2 bio-ceramic, the replaceable insole is made of genuine cork, and the outsole is made entirely of rubber. The heel and tongue...
RWTH Aachen and a start-up e.Volution have developed a circular economy electric vehicle that is estimated to have a longevity of 50 years due to its modular upgrades. This is their second model, and e.Volution was founded by Professor Günther Schuh, who also created StreetScooter and e.GO. The "next generation vehicle production concept" involves a new modularity approach to cars by replacing the self-supporting body with a sturdy aluminium chassis and replaceable shorter-life exterior and interior components. This is made possible by the electric drive, which e.Volution claims can last 4-5 times longer than an internal combustion engine. Professor Günther noted how the use of sustainable concepts in car making "can make e-vehicles significantly cheaper and more sustainable to...
According to the National Bureau of Statistics, China's aluminium production in April 2023 (30 calendar days) fell 1.2 per cent month-on-month at 3.33 million tonnes. In March 2023 (31 calendar days), the output was 3.37 million tonnes, which brought the Q1 production to 9.8 million tonnes. In the first four months of 2023, China produced 13.3 million tonnes of aluminium compared to 13.01 million tonnes during the same period last year. That reflected a year-on-year increase of 2.23 per cent. China's monthly production fall in April '23 could be attributed to the ongoing production cut issues in Yunnan province, China's fourth biggest aluminium-producing province, accounting for 12 per cent of China's total capacity. As per the reports, lower production in Yunnan is not yet being...
Alcoa and Emirates Global Aluminium (EGA) have signed one of the largest alumina supply contracts, which can help in strengthening the long-term supply relationship between the two companies. Under the new multi-year deal, Alcoa will be providing EGA with smelting quality alumina, making the former EGA's biggest third-party alumina supplier. Volume options will enable EGA to purchase up to 15.6 million tonnes of alumina from Western Australia for the eight-year arrangement, which begins in 2024. The supply deal will account for a substantial share of Alcoa's annual third-party alumina sales. In 2022, EGA's Al Taweelah alumina refinery in Abu Dhabi met 47 per cent of EGA's total alumina demand. "Most of our alumina needs into the next decade are now secured by our own production and a...
LME aluminium opened at US$2,243 per tonne on Monday, with its low and high at US$2,221.5 per tonne and US$2,280 per tonne, respectively, before closing at US$2,269 per tonne, an increase of US$26 per tonne or 1.16 per cent. On Monday, May 15, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$30 per tonne or 1.34 per cent to stand at US$2,260 per tonne and US$2,260.50 per tonne. 3-month bid price and 3-month offer price expanded by US$29.5 per tonne or 1.31 per cent and US$30.5 per tonne or 1.36 per cent to halt at US$2,266 per tonne and US$2,268 per tonne. December 24 bid price and December 24 offer price grew by US$20 per tonne or 0.82 per cent to score at US$2,435 per tonne and US$2,440 per tonne. LME aluminium opening stock came in at 568200...
Bottega Spa has introduced its RTD cocktail Lemon Spritz in aluminium cans to widen its international market through outstanding airline services. This week at the TFWA Asia Pacific Exhibition & Conference, Valentina Dalle Mule, export area manager for airlines at Bottega, made the following statement while addressing the press: “The focus for Bottega is our new Lemon Spritz. We are offering it in two different versions; this is actually the first time that we have launched it into a 25cl can. It is a blend of Prosecco and limoncello and is a very premium product. In fact, the bubbles come directly from the Prosecco, so there is no added C02.” Dalle Mule also mentioned: “We are also offering it in a glass version that is 20cl”, and the beverage will be served “as a ready-to-drink cocktail...
The Russian aluminium giant and one of the world's leading producers of low-carbon aluminium Rusal's Board has approved the 2035 Sustainable Development Strategy. The strategy states the audacious objective of making sustainability accessible to all stakeholders in the aluminium supply chain. The company wants to develop a new class of non-ferrous metals assets that are future-proof by meeting the demands of the circular economy and the low-carbon transition (ready to achieve carbon neutrality by 2050 and reasonably well balanced between primary and secondary material resources) based on an adaptive, equitable, secure, and inclusive value chain, and cutting-edge technological solutions. Evgenii Nikitin, the General Director of RUSAL, outlines the purpose of this long-term strategic plan...
Lenovo has released a new cooling bracket called the Z2, made of aluminium alloy. The stand is designed with an open hollow structure to fit the heat dissipation vents of most notebooks in the market, allowing improved airflow and heat dissipation. The Lenovo Z2 aluminium alloy stand can reduce the GPU temperature of a notebook by 5°C. The Z2 has five adjustable positions ranging from 19° to 33°, allowing for a comfortable viewing height and reduced fatigue. It can be adjusted as low as 87mm and as high as 145mm, making it perfect for laptops, tablets, and drawing boards from 11-16 inches. With a golden triangle structure design, the Z2 is stable and does not shake during daily use. The bracket is made of a 4mm thick aluminium alloy plate, has a portable handle design, and has a silicone...
According to our source, China's Shandong Nanshan wants to expand its new Indonesian alumina refinery site to a USD$6 billion aluminium smelting complex by 2028, making it one of the most significant foreign investments in the country. Shandong Nanshan is incorporated among many private Chinese organizations making multibillion-dollar investments in Southeast Asia in fields such as metal processing and oil refining, despite a slowing Chinese economy and more regulatory scrutiny at home. In the Galang Batang special economic zone (SEZ), located on the island of Bintan, the company began operating its 2 million tonnes of alumina refinery annually in November 2022. Currently operating at full capacity, Nanshan sources bauxite for its alumina refinery from Indonesia's Kalimantan province and...
Aluminium scrap exports from the United States closed at 174,374 tonnes in March 2023, up 11 per cent from 157,101 tonnes in February. However, exports declined by 2 per cent Y-o-Y in March, compared to 178,575 t in the same month last year. The principal scrap grades shipped by the US were Zorba and Taint Tabor (TT), and India was the second biggest importer of aluminium scrap from the US. Compared to other US locations, Los Angeles had the most scrap migration, followed by New York and Norfolk. The United States shipped 38,126 tonnes of aluminium scrap to Malaysia in March, an increase of 23 per cent Y-o-Y from 31,007 tonnes in February. Similarly, US exports increased by 28 per cent Y-o-Y in March, from 29,687 tonnes the previous month. Malaysia imports the majority of its aluminium...
