As aluminium continues to draw the spotlight as a strategic variable in global trade rather than a merely traded commodity. Tariffs imposed at the border are now showing up in the cost of cans, auto components and downstream products, while high copper prices are encouraging manufacturers to redesign products around aluminium. Meanwhile, India is tightening protection around selected aluminium products even as domestic downstream manufacturers question the cost of protecting primary metal. China’s extrusion industry is adjusting to weaker construction demand by moving towards solar, batteries and other clean-energy applications. In North America, deeply integrated supply chains are confronting the consequences of suddenly changing tariff economics. To know the global production, demand...
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...
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In October, the Ministry of Equipment and Energy conducted a screening process to prepare the "green aluminium evaluation and trading guidelines" and carbon footprint verification, in line with the requirements set by the Beichuan Industrial Park Management Committee for applying provincial foreign trade development funds. To enhance the distribution channels for product sales, fulfil the prerequisites for accessing the European market, and comply with the carbon footprint verification requirements set out by downstream clients for primary liquid aluminium. The organisation has delegated the task of verifying the carbon footprint of aluminium alloy rod A356.2 to the China Quality Certification Centre. Following a review by the Beichuan Industrial Park Management Committee, both projects...
Azerbaijan Industry Corporation OJSC consistently engages in meetings with foreign companies, particularly investors, to enhance the value chain within its fields of activity, foster the creation of competitive products, and diversify its portfolio. Efforts are underway to establish new collaborations. Facilitating this initiative, the Baku office of the Korea Trade and Investment Promotion Agency actively promotes trade relations between Azerbaijan and Korea, aiding Korean companies in direct investments in Azerbaijan. With the backing of this Baku office, the Azerbaijani market has seen the entry of the Republic of Korea's "Institute for Advanced Engineering" and "Lemon Metal Inc.". The collaboration resulted in a meeting between the management teams of "Azerbaijan Industrial...
Lorillard's Fusia redefines mixed wood-aluminium joinery with patented innovations, offering a blend of aesthetics and durability. The modular design of Fusia allows flexible glazing compositions, ranging from 28mm to 40mm thick while achieving a seamless alignment of fixed and opening parts for a contemporary appearance. Indoors, Fusia offers warm wood interiors with personalised options, including nine stained finishes for oak. Outdoors, its sleek aluminium profile, available in nineteen colours, features invisible drainage for enhanced aesthetics. Fusia strategically combines wood and aluminium for long-term durability, exceeding thermal regulations with high performance. Internally, Lorillard invested in the Molenat site for Fusia production, ensuring efficiency and quality. Fusia...
Hounslow has become the third borough in London to implement a coffee pod recycling scheme and the first in West London. The recently introduced service has been initiated via a collaborative effort with Podback, an altruistic recycling group. Individuals can engage in the activity by registering at no cost on the official Podback online platform. After being gathered, the coffee pods will be sent to specialised recycling facilities. The aluminium and plastic materials will transform to be repurposed into various new items, such as beverage cans, automobile components, construction materials, and reusable plastic crates. The coffee grounds will also be subjected to anaerobic digestion, which converts organic matter into renewable energy and soil enhancer. “The Council’s new initiative is...
Arab Aluminium Company (AAC), an Egypt-based company specialised in extruding aluminium profiles for architectural and industrial applications, announced its financial results for the first nine months of 2023 (ended September 30). According to Arab Aluminium’s financial indicators filed to the Egyptian Exchange (EGX) on November 12, the company’s net profit after tax decreased by 74.9 per cent year-on-year, amounting to EGP 4.911 million. During the corresponding period of the previous year, the company’s net profits after tax stood at EGP 19.587 million. Revenues fell 13.2 per cent year-on-year to EGP 252.965 million during January-September 2023, down by 13.22 per cent from EGP 291.494 million in the same period a year earlier. Arab Aluminium Company, established in 1976, has an...
Indian aluminium demand is growing rapidly due to increased population, urbanisation and industrialisation. It is important for high-value demand segments like infrastructure - Power, Transportation, Railways, Aerospace, Building and construction, Renewable Energy and Consumer Durables to remain a net zero economy by 2050. India’s growing appetite for the aluminium industry is largely accounted for by the demand for the aluminium recycling industry in India, which has zoomed at a CAGR of 9-11 per cent from fiscal 2015 and 2023, while primary aluminium demand registered a CAGR of 1-2 per cent only. India’s automobile, power, railways, packaging, consumer durables and construction sectors are the key demand drivers for the recycling aluminium industry. Looking at environmental concerns,...
On Monday, November 13, ALRO S.A., one of Europe's largest vertically integrated aluminium producers by production capacity, announced its third quarter and the consolidated nine-month results of 2023. The Group reported its net sales of RON 682.8 million for Q3, down by 7.70 per cent from RON 739.8 million during the corresponding period of the previous year. The downward trend of the average 3-month LME aluminium price at US$2,200 per tonne in Q3 2023 compared to US$2,358 per tonne was responsible for the fall in net sales. In nine months of 2023, ALRO's consolidated sales amounted to RON 2.24 billion, experiencing a fall of 20 per cent from RON 2.8 billion a year ago. The demand for aluminium also demonstrated a weaker trend but was slightly offset by the Group's diversified products...
The second phase of Mingdao Aluminum Taizhou Base's rooftop solar project was recently finished and formally implemented. It will offer the manufacturing industry a constant source of clean energy, ushering in a new era of green energy promotion for the firm. It is a dramatic depiction of the company's actual application of the notion of green development. The solar modules installed on the rooftop of the company's building exhibit a continuous arrangement, like the vast expanse of a blue ocean. The total area covered by these modules exceeds 350,000 square metres, equivalent to the size of 49 football fields according to international standards. The photovoltaic power generation project, jointly built by State Grid Taizhou Power Supply Company Hongchuang Group and the municipal...
LME aluminum opened at US$2,222.50 per tonne on Monday, with its low and high at US$2,203 per tonne and $2,235 per tonne, respectively, before closing at US$2,230 per tonne, up US$9 per tonne or 0.41 per cent. On Monday, November 13, the LME aluminium cash bid price and LME aluminium official settlement price started the week at US$2,220 per tonne and US$2,220.50 per tonne, respectively, flaunting a rise of US$15 per tonne or 0.68 per cent from US$2,205 per tonne and US$2,205.50 per tonne on November 10. The 3-month bid price and 3-month offer price amounted to US$2,222 per tonne and US$2,224 per tonne on November 13. December-24 bid price and December-24 offer price settled at US$2,340 per tonne and US$2,345 per tonne, respectively. The LME aluminium opening stock totalled 479,650...
According to the Managing Director of Hindalco Industries, Satish Pai, the company plans to inject between INR 4,000 and INR 5,000 crore annually. As much as possible, the aluminium producer is trying to complete the projects with cash generated from the company's operations. In addition to the recently announced Rs 8,000 crore investment in a new alumina refinery and a 150-MW captive power plant, Hindalco is strategizing a significant capital expenditure initiative. This upcoming venture involves establishing a large extrusion facility in India that manufactures aluminium trains. Satish Pai said, “We see that the Indian railway, whether the rake and bulk volume side or the passenger bogies, both are huge markets for us. So, we are playing on both sides, and we are watching closely the...
On Tuesday, November 14, China’s A00 aluminium ingot price added RMB 60 per tonne to settle at RMB 18,910 per tonne, with the average prices between RMB 18,890 per tonne and RMB 18,930 per tonne. As per the Shanghai Metals Market (SMM) data, the prices have grown in all the provinces except in Shenyang, where it has dropped by RMB 18,890 per tonne. In Foshan, the domestic aluminium ingot price has hiked by RMB 70 per tonne to clock at RMB 19,000 per tonne. On the same day, the prices in Wuxi, Hangzhou and Linyi gained RMB 60 per tonne to reside at RMB 18,910 per tonne and RMB 18,930 per tonne. In Gongyi and Tianjin, the A00 aluminium ingot prices have increased by RMB 50 per tonne and RMB 30 per tonne to clock at RMB 18,830 per tonne and RMB 18,930 per tonne. The price has shown no change...
Altech Batteries is significantly expanding its silumina anodes battery project, increasing its output from 15 gigawatt hours (GWh) to an impressive 120 GWh. This surge in capacity, achieved during the final stages of the definitive feasibility study (DFS), is aimed at meeting the growing demand for silicon-type anodes in the electric vehicle (EV) market. Initially, the DFS proposed the production of 10,000 tonnes per annum (TPA) of silumina anodes, combining high-purity alumina-coated metallurgical silicon and graphite in a 10 per cent mix. However, the project's focus has now shifted exclusively to alumina-coated metallurgical silicon at a rate of 8,000 tpa. Customers will blend this component with uncoated graphite at their battery plants instead of Altech's facility, streamlining the...
The inventory of aluminium stocks at three prominent Japanese ports, namely Yokohama, Nagoya, and Osaka (AL-STK-JPPRT), witnessed a 2 per cent decrease, falling to 341,300 tonnes by the end of October. This decline is in comparison to the 348,300 tonnes recorded in the previous month. The data was reported by Marubeni Corp on November 13, 2023, reflecting its comprehensive collection of information from these key port locations. However, aluminium inventories at three major Japanese ports, Yokohama, Nagoya, and Osaka, as reported by Marubeni Corp on October 16, 2023, decreased by 3.4 per cent to 348,300 tonnes by the end of September, down from 360,700 tonnes in the previous month.
According to the Shanghai Metals Market survey, China’s aluminium production in October 2023 (31 calendar days) amounted to 3.641 million tonnes, flaunting a month-on-month rise of 3.35 per cent from 3.523 million tonnes. On a year-on-year calculation, the output stood 6.7 per cent higher than 3.42 million tonnes. The cumulative production during January-October 2023 stood at 34.458 million tonnes, up 3.5 per cent from a prior year. The average daily output in October’23 was slightly higher at 117,500 tonnes compared to 117,400 tonnes a month ago. However, in October, there was a decrease in production among primary aluminium processing producers such as aluminium billet, while the proportion of aluminium ingot production increased, reducing the industry’s average molten aluminium share...
Melitta, a German company known for selling coffee, paper coffee filters, and coffee makers, has recently introduced aluminium coffee capsules to the Brazilian market. These coffee capsules are compatible with the Nespresso machines and come in 4 diverse intensities and flavours throughout its five distinct variations: Ristretto, Marcato, Audacce, Lungo Intense, and Decaf Intense. Melitta aluminium pills are part of a novel initiative. They are made with high-quality beans and are intended to offer a creamy and fresh espresso with a strong fragrance and flavour. The goods are provided in packs of ten units and may be acquired at many retail locations in Brazil, including the official e-commerce platform of the company. "We know the importance of offering options at the point of sale to...
Zhengzhou Mahaco Industrial (M.H.C.) , the Henan-based manufacturer and supplier of aluminium hydroxide, aluminium oxide, and activated alumina, has been successfully onboarded by AL Biz to its list of 1600+ sellers, one of the world's first global aluminium B2B marketplace. The organisation is notable for linking buyers and sellers through searches against advertised products and business leads, with over 6000 product listings and 700 business leads. In a high-tech chemical development zone, Zhengzhou Mahaco Industrial is in Jiaozuo City, Henan Province. The company has extensively implemented state-of-the-art equipment and management systems globally, ensuring the quality of our products following the ISO9001 and ISO14001 standards. The company primarily focuses on developing various...
Century Aluminum Company, a global primary aluminium producer with operations in the United States and Iceland, announced its third quarter results for 2023 last week, disclosing a fall of 10.97 per cent in net income attributable to Century stakeholders. Net income in Q3 2023 stood at US$13.8 million versus US$15.5 million in Q2 2023. The income fell due to lower shipments and poor aluminium prices on the London Metal Exchange. Century’s aluminium shipments in Q3 2023 were 171,995 tonnes, down by 0.95 per cent from 173,649 tonnes. Realised LME aluminium price was US$2,237 per tonne, down by $134 per tonne from the prior quarter. Century Aluminium’s net sales were recorded at US$545.2 million for Q3 2023, marking a fall of 5.26 per cent from US$575.5 million during Q2 2023. The company...
The trial production of the first phase of the China-based East Sunshine low-carbon, high-end battery aluminium foil project began on November 2 to prepare for its official production scheduled for December. The East Sunshine project aims to establish a low carbon high-end battery aluminium foil facility, with a substantial investment of 10.5 billion yuan. The project will be executed in three stages, resulting in the construction of a production capacity of 200,000 tonnes per year for low-carbon, high-end battery aluminium foil and its associated components. In the project's first stage, nine rolling mills have been incorporated, while the remaining seven rolling mills are now undergoing installation and commissioning processes. It is anticipated that by June of the following year, nine...
