India’s renewable energy transition is gathering pace, with installed renewable power capacity surpassing 300 gigawatts (GW) in 2026, almost quadrupling over the past decade. The country has also achieved its target of sourcing 50 per cent of installed electricity capacity from non-fossil fuel sources five years ahead of schedule, strengthening its position as one of the world’s fastest-growing clean energy markets. The expansion is beginning to deliver measurable energy security benefits by reducing dependence on imported fossil fuels, while competitive renewable power costs and expanding domestic manufacturing are opening new investment opportunities. However, sustaining this momentum will require substantial improvements in electricity transmission, storage infrastructure and...
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...
Grow with
AL Circle
This week, during April 17-21, all three Indian aluminium giants – NALCO, Hindalco, and Vedanta have elevated their aluminium ingot and aluminium products prices. Starting with NALCO, the company hiked its aluminium prices by INR 10,100 per tonne since April 7. In two-week time, its aluminium ingot price escalated from INR 220,650-224,150 per tonne to INR 230,750-234,250 per tonne as of April 21. Aluminium wire rod price leaped from INR 226,650-231,000 per tonne to INR 236,750-241,100 per tonne, and the aluminium billets price from INR 225,100-227,750 per tonne to INR 235,200-237,850 per tonne. NALCO expanded its aluminium prices over the past two weeks in response to the LME aluminium price rally from US$2,300.50 per tonne on April 6 to US$2,410 per tonne on April 20. Hindalco...
Mangels, a Brazilian maker of aluminium wheels, has finally entered the world of high speed as the official supplier of the Stock Car race, thanks to investments in new technology. The Brazilian company has created a series of Eco-Aluminium wheels in response to industrial needs that trend more and more towards sustainable transportation. With a focus on the circular economy, the material used in the product is derived from a renewable source, recyclable aluminium, which contributes to environmental decarbonisation and the company's sustainability objectives.To fulfil motor racing needs, the corporation has built industrial procedures and invested in automation at the Três Coraçes (MG) unit in the previous two years, such as standardisation of mechanical components, manufacturing, and...
Yeoman Rainguard, known across the industry for producing, supplying, and installing high-quality rainwater systems, has released two new product brochures. The aluminium brochure highlights the widely acclaimed XL and SL ranges of aluminium gutters and downpipes, as well as the market's first Yeoman Rainguard aluminium flush fit downpipes and aluminium security downpipes. The Squareline series of Aluminium Fascia Soffits, Copings, and Cills is another new addition that is already proving popular in the commercial sector. The heritage brochure from Yeoman Rainguard covers a broad range of systems and materials that are ideal for history and listed building rehabilitation projects, as well as those that desire a more traditional feel. As usual, Yeoman Rainguard takes great pleasure in the...
On Wednesday, April 19, Rio Tinto, a leading Anglo-Australian mining group, announced its operational results for the first quarter of 2023, revealing an 11 per cent year-on-year decline and 8 per cent month-on-month drop in bauxite output to 12.1 million tonnes. The downfall took place due to the slowdown in Weipa’s operations caused by higher than average rainfall during the annual wet season. Production was further affected by equipment downtime at both Weipa and Gove. At Weipa and Gove, bauxite mining volume was 7.49 million tonnes and 2.58 million tonnes, respectively, versus 8.527 million tonnes and 3.093 million tonnes during the corresponding period of the previous year. Rio Tinto said it maintained bauxite production guidance at 54 to 57 million tonnes to recover lost production...
UA packaging recently launched a flexible and sustainable tool that fits jars or bottles of various sizes. The DOUBLE PCS Aluminium caps are known to correct all of the shortcomings of the single-piece one, such as easy deformation, visible thread, and being too lightweight. Because of the thin metal plate, rough cross-section, and sharp edge fault in the aluminium shell component make, contact unpleasant. However, UA addresses this issue with sophisticated curling die technology. It has roughly the same custom design capabilities as a plastic cap, such as print, varnish, matt finish, plain metallic finish, and mirrored metallic finish. Custom tooling is available for brands to fit various jar sizes, whether glass or plastic. This adaptable model may be utilised in cosmetic applications...
On April 19, 2023, aluminium alloy ingot ADC12 domestic prices increased by INR 2,000 per tonne to INR 199,000 per tonne. The increased tendency was attributed to the moderate OEM (original equipment manufacturer) transactions. The medium-scale alloy ingot producers (secondary aluminium) saw selling pressure due to limited buying interest for substandard quality or close to appropriate chemical composition. The utilisation of production capacity may be impacted in the short term among medium-scale secondary producers as the workforce typically opts out due to extreme heat. The government's metallurgical department has also announced the same. Still, the time duration would be limited, according to one of the traders based in the western region. Another small-scale secondary producer...
LME aluminium opened at US$2,445 per tonne on Thursday and closed at US$2,422 per tonne, down US$23 per tonne or 1.12 per cent. On Thursday, April 20, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$28 per tonne or 1.17 per cent to settle at US$2,409.50 per tonne and US$2,410 per tonne. 3-month bid price and 3-month offer price grew by US$29 per tonne or 1.20 per cent to score at US$2,430 per tonne and US$2,431 per tonne. December 24 bid price and December 24 offer price gained US$22 per tonne or 0.85 per cent to reside at US$2,597 per tonne and US$2,602 per tonne. LME aluminium opening stock came in at 572275 tonnes. Live warrants and Cancelled warrants settled at 503525 tonnes and 68750 tonnes. LME aluminium 3-month Asian Reference Price...
A billet is one of the most widely used aluminium product forms globally. Billets are created directly through continuous casting or extrusion or indirectly through hot rolling an ingot or bloom. The billet usually is suitable for alloyed aluminium. As per the data, on Thursday, April 20, the aluminium billet inventories has nosedived by 7,000 tonnes W-o-W to score at 152,600 tonnes. Shipments from social warehouses started to increase last week, while transit in Xinjiang was hampered, causing inventories to fall. SMM will closely monitor when transport in Xinjiang completely recovers and changes in downstream operating rates. The figure below provides further information on the current state of aluminium billet inventories in China: The aluminium billet inventories recorded a dropdown in...
Aluminium Deutschland (AD), a German packaging company, has identified loopholes in the EU's Packaging and Packaging Waste Regulation (PPWR). The regulation, drafted in 2022, stated that promoting the use of recycled materials in packaging is one of its objectives. However, AD notes that the anticipated legislation does not include explicit objectives for using recycled materials for other commodities, such as metals. AD partially explains this by saying that the European Food Safety Authority (EFSA) is slow to approve polyolefin recycling procedures. With a few exceptions, the legislation mandates that starting January 1, 2030, each plastic packaging unit must include a specific minimum quantity of recycled materials made from post-consumer resin (PCR). "The fact is, however, that the...
Alcoa Corporation, the world’s eighth-largest producer of aluminium, said lower prices of ingredients they use for metal-making would eventually reduce the production costs in the second quarter of 2023, while aluminium demand would stay robust. Favourable raw materials, substantial output volume, and lessened production cost will jointly boost Alcoa’s earnings in the second quarter, expects the Pittsburgh-based company in a statement on April 19. Alcoa has also revealed its aluminium shipment outlook for 2023, stating that it may range between 2.5 million tonnes and 2.6 million tonnes. Aluminium prices have increased slightly over 2 per cent in 2023, given the steady demand for the lightweight metal amid challenges like higher borrowing rates, fear of China’s slow return from the...
Alupro formally unveiled its " Roadmap to increasing UK aerosol recycling " at this week's BAMA Innovation Day, a long-term strategic plan to spur a significant increase in national capture and recycling rates. Most metal aerosols comprise aluminium (70 per cent) and steel (30 per cent). "Launching our roadmap comes as part of The UK Aerosol Recycling Initiative's continued work to improve consumer education, identify solutions to maximise recycling rates and secure long-term investment into further improving national recycling infrastructure. Our simple goal is to see aerosols become a central part of recycling behaviour in the waste management landscape of tomorrow," said Tom Giddings, executive director at Alupro. Alupro has started a project to find and remove the barriers that...
Here we ring the last bell to the “Global Aluminium Expo 2023” as we reach the final day. Thank you for your generous participation in the first two days, but before we bid adieu to each other, let’s celebrate the last day together. One more time, let us reunite, share knowledge, and build new relations. We successfully concluded Day 1 and Day 2, with over 2,500 registered attendees. More than 100 video calls took place in two days, 350 business chats were exchanged, and over 1,000 business cards were collected. So what the event is virtual, we are committed to giving you a real-time experience. Hence, the expo is power-packed with advanced technologies, making your visit seamless and memorable. If we missed you the former days at the expo, we would look forward to seeing you today. And...
On 14 April 2023, nonferrous metals prices on the London Metal Exchange (LME) displayed a downward trend. The three-month aluminium futures contract fell 0.8 per cent to $2,367 per tonne, while zinc prices fell 0.7 per cent to $2,837 per tonne. Lead prices fell by 1.1 per cent to $2,146 per tonne. Meanwhile, nickel prices fell 1.8 per cent to $23,698 per tonne. Copper futures rose 0.4 per cent to $9,058 per tonne. AlCircle's latest industry-focused report, “Global Aluminium Industry Outlook 2023” unveils that world aluminium usage, including primary and recycled metal, increased by about 1.9 per cent in 2022 and stood at 95.3 million tonnes. The robust global aluminium market has temporarily been slowed down on account of the recent geopolitical and consequent economic crisis. The ongoing...
Indonesia's energy and mineral resources industry (ESDM) has assured that the four existing alumina refineries could engross Indonesia's bauxite production when the bauxite export restriction goes into effect in June 2023. An ESDM ministerial staff for mineral and coal management acceleration said, "We will stop bauxite exports for sure." These refineries, which are owned by PT Indonesia Chemical Alumina, PT Bintan Alumina Indonesia , PT Well Harvest Winning Alumina Refinery Line -1 , and PT Well Harvest Winning Alumina Refinery Line -2, can consume mined bauxite and produce record tonnes of alumina, which was never according to the officer. PT Indonesia Chemical Alumina refinery has the capacity to produce 300,000 tonnes of chemical-grade alumina (CGA) per year. In contrast, the PT...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, has reportedly achieved a new milestone in Reduction Line 6 as its production capacity increased from 540,000 tonnes per annum to 560,000 tonnes per annum, with current consumption grown from 460 kA to 478 kA. This continued growth in Line 6 capacity has further contributed to Alba’s nameplate capacity, bringing it above 1.6 million tonnes per annum. This new milestone will help Alba increase its primary aluminium supply to the downstream sector, which will ultimately boost Bahrain’s economy. Speaking on this achievement, Alba’s Chairman of the Board, Shaikh Daij bin Salman bin Daij Al Khalifa, said: “We have gone bigger with expanding Line 6 nameplate production capacity for the better. This new milestone is...
Puracy, the Austin-based brand known for producing eco-friendly and organic cleaning, personal care and baby care products, has taken a step towards sustainability by doing away with single-use plastic. Their newly launched Clean Can and Clean Can Starter Kit is composed of 100 per cent aluminium and are infinitely recyclable, unlike anything else on the market, making them one of the most convenient refill formats ever created and setting a new benchmark for the rest of the industry. Puracy's Clean Can use a joint beverage can and a simple cleaning method with a patent application. This thoughtful innovation, which contains the same all-natural plant-based composition, is part of Puracy's greater commitment to developing safe, secure, practical, and effective products for conscientious...
Three-month LME aluminium opened at US$2,436 per tonne on Wednesday and closed at US$2,450 per tonne, up US$10.5 per tonne or 0.43 per cent. On Wednesday, April 19, the LME aluminium cash bid price decreased by US$18.50 per tonne to stand at US$2,381.50 per tonne, while the LME aluminium official settlement price shrank by US$19 per tonne to amount to US$2,382 per tonne. The 3-month bid price and 3-month offer price edged US$21 per tonne lower on the same day at US$2,401 per tonne and US$2,402 per tonne, respectively, following four consecutive hikes. December 24 bid price and December 24 offer price plummeted by US$20 per tonne to settle at US$2,575 per tonne and US$2,580 per tonne. LME aluminium opening stock slipped 500 tonnes to stand at 573,575 tonnes. Live Warrants and Cancelled...
The Global Aerosol Packaging business of BALL Corporation has obtained accreditation from the Aluminium Stewardship Initiative ( ASI ) for Performance and Chain of Custody Standards. The certification is applied to all nine of Ball's production facilities and aerosol containers and slugs globally. As a result, Ball is the first manufacturer of extruded aluminium to be able to provide its client's ASI-certified aluminium aerosol cans, slugs and bottles. The move aligns with Ball's 2030 environmental targets, which include switching to 100 per cent renewable power by 2030 and attaining net zero carbon emissions by 2050. This also entails ensuring that all the aluminium you buy comes from verified sustainable sources. "Achieving ASI certification demonstrates our commitment to sustainability...
