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...
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A community centre built by MacLennan Jaunkalns Miller Architects (MJMA) in Mississauga, Ontario, mixes regional inspirations with a mass-timber construction. Although the structure has a simple rectangular design, the section is moulded by slanted roof peaks that let in light. The west and south-facing facades are covered in an aluminium mesh screen, exposing the black spruce glulam sections that serve as the canopy's structural support. The Churchill Meadows Community Centre and Sports Park, a 75,000-square-foot structure featuring gyms, locker rooms, multipurpose rooms, and a pool, is situated on a 50-acre property formerly used for farming. Since most of the smaller programmes are on the ground level, the bigger pool and gym spaces may have double-height ceilings. The columns were...
Skoda Auto India offered the Slavia Anniversary Edition and Kushaq Lava Blue Edition to the Indian market. The inside of the Slavia has also been modified, including "Anniversary Edition" scuff plates and plaques on the steering wheel. A 25.4 cm infotainment system with WiFi SmartLink and Skoda Play applications for the dashboard is also included, along with aluminium pedals. Additionally featured are a subwoofer and a 380-watt audio system. The Kushaq Lava Blue edition is between the Style and Monte Carlo variations. Mudflaps are installed on the front and back of both automobiles, and the front grille ribs are finished in chrome. Chrome has been added to the trunk and the lower portion of the door. The Kushaq B-pillar receives an "Edition stripe, while the Slavia C-pillar receives a...
Hydro employees organised in Industri Energi and FLT at its Karmøy and Årdal plants will reportedly go on strike from Monday, April 17, given a breach in mediation between The Confederation of Norwegian Enterprise (NHO), the Confederation of the Vocational Unions (YS) and the Norwegian Labor Union (LO). The strike is expected to impact the operations at both Karmøy and Årdal plants; hence, Hydro plans to regulate it by a separate agreement determining how the reduction process will take place responsibly and how both parties will contribute. Per the report, the employees will go on strike gradually as reducing aluminium production will require considerable time and effort from the plant operators. The process is estimated to take several months. In addition to production, the strike will...
LME aluminium opened at US$2,362 per tonne last Friday and closed at US$2,390 per tonne, up US$28 per tonne or 1.14 per cent. On Friday, April 14, both LME aluminium cash bid price and LME aluminium official settlement price expanded by US$26 per tonne or 1.11 per cent to halt at US$2,355 per tonne and US$2,356 per tonne. 3-month bid price and 3-month offer price were hiked by US$26 per tonne or 0.97 per cent to settle at US$2,387 per tonne and US$2,388 per tonne. December 24 bid price and December 24 offer price grew by US$13 per tonne or 0.50 per cent to peg at US$2,563 per tonne and US$2,568 per tonne. LME aluminium opening stock came in at 530650 tonnes. Live warrants and Cancelled warrants stood at 452950 tonnes and 77700 tonnes. LME aluminium 3-month Asian Reference Price surged by...
Rossinavi, the Italian shipyard known for manufacturing customised aluminium and steel superyachts, has launched No Stress, a 49.9-metre superyacht at the Italian shipyard in Viareggio. No Stress is the first Rossinavi yacht which is AI enabled and has a hybrid propulsion system. Enrico Gobbi - Team for Design, a studio located in Venice, is responsible for the project's exterior architecture and interior style, a sophisticated sports boat. No Stress is a full-aluminium fast-displacement hulled superyacht with a dual power system. When in electric mode, the system is controlled by an AI that keeps track of its usage. She has two electric motors powered by the generators and the battery pack. "We are very proud to launch our very first BluE project. No Stress is a hybrid vessel...
The Pietermaritzburg-based aluminium producer Hulamin, who counts Tesla among its customers, asserted that it had made substantial strides in the quickly developing electric vehicle (EV) industry. 10.2 million passenger electric cars will be sold worldwide in 2022, according to Counterpoint Technology Market Research, with China, the US, and Germany leading the way. Ball Aerospace formally celebrated the Tropospheric Emissions: Monitoring of Pollution (TEMPO) instrument's successful launch on April 7. Rahul Dravid joined Knest, one of the world's fastest-growing Indian companies that manufacture aluminium formwork, as its Brand Ambassador. Knest offers creative, safe, and sustainable building assistance to support several international development initiatives. Hulamin, an aluminium...
Strong know-how, an experience of over sixty years and a tailored range of solutions designed to meet the most demanding requests. This is FIMIGroup, not a simple manufacturer of metal processing equipment and plants, but a high value-added group of companies composed of 3 divisions, 8 sites, and 200 employees with more than 1.500 plants installed worldwide. The core business is the design, construction and start-up of plants for the processing and treatment of coil-rolled metals in different types of material: aluminium, high carbon steel, stainless steel, copper and brass. FIMI product is the result of a process through which the company and the customer are synergically involved, from the first planning phases to the complete development of the plant. The service that FIMI offers its...
Globally, the aluminium industry is facing unprecedented challenges. Light metal demand is primarily driven by the development of transport, energy, electronics, building & construction, and other industries that require increased energy efficiency. There are, however, some issues that need to be taken seriously. These include the environment and climate change, population growth and urbanization, innovations and new products and technologies, to name a few. In the years leading up to 2050, aluminium demand is anticipated to grow by more than 70%-75%, while overall sector emissions are expected to decrease by around 80%. Several aspects of this reduction can be achieved by decarbonizing the power sector, but additional breakthrough technologies are also required. Climate: While Industry...
The Ministry for the Environment's Covid-19 Response and Recovery Fund refurbished EcoCentral's Materials Recovery Facility on Parkhouse Road in Sockburn, a service that manages garbage in Christchurch. From Monday, April 17 through Saturday, April 22, A&W Iron and Metal will celebrate Earth Week for the 25th consecutive year. Due to price adjustments on international commodities markets like the London Metal Exchange (LME) and the Multi Commodity Exchange of India (MCX), the price of imported aluminium scrap in India somewhat decreased. The 29 members of Alupro penned a letter to Thérèse Coffey MP, Secretary of State for Environment, Food, and Rural Affairs, on April 11. In it, they pleaded with her to immediately guarantee that a deposit return scheme (DRS) in England, Wales, and...
The sustainability sector has been a witness to huge propositions this week, with British actor Ricky Gervais supporting Cano Water’s sustainable drive of circulating water in 100 per cent recyclable aluminium cans. Constellium’s Catherine Athènes was voted to be on the Board of Directors of the Aluminium Stewardship Initiative (ASI). EGA has partnered with HILT CRC (Heavy Industry Low-carbon Transition Cooperative Research Centre) to carry out detailed research on decarbonising the alumina refining process. Bharat Aluminium Company Limited (BALCO) has been a recipient of the ‘PAT Top Performer’ award for an extraordinary contribution to conserving the planet by reducing its carbon footprint. Runaya, India’s first and the world’s second zero-waste, zero-discharge aluminium processing...
Kenanga Investment Bank Bhd, a financial institution in Malaysia that offers investment management services, reiterated its "neutral" stance on the carbon emissions tax imposed on the seaports and logistics sectors. Rio Tinto is upgrading its casting facility to add new, cutting-edge machinery such as furnaces, a casting pit, coolers, handling, inspection, sawing, and packing systems. The Egyptian business for Metal Construction (Metalco), according to a report on April 14, 2023, is thinking of constructing a smelter to satisfy domestic and international demand, the company's chief stated in a statement on Friday. Prices for non-ferrous metals on the London Metal Exchange (LME) finished with a mixed trend on April 11, 2023. The price of zinc dropped 0.4 per cent to $2,779/t, while the...
This week, the downstream aluminium sector has not seen much upheaval, but whatever progress happened can be considered extremely serious. Ball Corporation’s subsidiary, Ball Aerospace, was found delivering precisely engineered aluminium components to NASA for its Lunar Compact InfraRed Imaging System, L-CIRiS. Chinese firm Ningbo Xusheng Group made a $276 million investment to construct five new subsidiaries in the US, Mexico and Hong Kong to enhance the production of high-precision aluminium alloy components for vehicles. Due to increased activity in the recycled and sustainability segment, the downstream aluminium sector has been lying dormant for the past few weeks, but it is being estimated to bloom with the rising market demand. Melbourne-based innovator SPEE3D has publicised the...
China’s social inventories of aluminium ingot across eight major consumption areas, including SHFE warrants, decreased by 72,000 tonnes week-on-week to come below 1 million tonnes on Thursday, April 13, found the Shanghai Metals Market survey. Data shows the inventories totalled 966,000 tonnes this week versus 1.038 million tonnes on April 6 and 1.006 million tonnes on April 10 . A week earlier, primary aluminium inventories registered a weekly fall of 50,000 tonnes. So far this month, aluminium ingot inventories have lost 121,000 tonnes of stock, reaching the lowest level compared to the same period of the past five years. The low inventory of aluminium ingots is partly associated with a growing proportion of molten aluminium in smelters’ total output. To know more about the current...
The domestic prices of aluminium alloy ingot ADC12 in India remained stable w-o-w at INR 197,000/t. Despite the start of the new fiscal year, the stability was attributed to modest buying demand. While established market players' output levels have stayed basically stable, there is considerable selling pressure as producers give slight discounts to their usual trade associates. Additionally, the material's future bookings are still on the low side, suggesting that demand may be slowing down. However, a north India-based original equipment manufacturing (OEM) source informed, "Most of the participants expect that alloy ingot demand may rebound in the near term." The die- casting industry currently needs more capacity utilisation due to introduction of new technologies in the automobile...
Teseo SRL, the first company in the world to create a modular aluminium system for compressed air distribution, provides its clients with piping and various design services and ergonomic products like swinging arms, downpipes, manifolds, workbenches and trolleys that can all transport fluid energy. These products make up a complete system that maximises efficiency and costs. Compressed air distribution for industrial automation consists of many components that are frequently designed and installed without considering the big picture. For example, the compressor room often operates independently from those who handle the distribution system and from those who take the machinery that will be supplied with the necessary energy. In addition to providing customers with piping, Teseo SRL, a...
The countdown begins for our Global Aluminium Expo 2023, and here’s a gentle reminder for participation. This year, the team AlCircle is organizing and hosting the fourth edition of the virtual event scheduled on April 18-20, from 11 AM to 7 PM (GMT). So, 3 days to go to our 3-day event where you can meet and greet aluminium industry players from the value chain and explore business opportunities. Some eminent companies have already confirmed their participation in our event as exhibitors and sponsors, such as Sohar Aluminium, Vedanta, NALCO, TAHA, Alumex, Vimetco Extrusion,Qatalum, EPIQ Machienerie, Runaya, and many more. To feature your name in this list, reach us at events@alcircle.com . All exhibitors, sponsors, and participants are assured of having a real-life experience right at...
Heineken is quite close to being branded with a €1million fine for successively ignoring the Deposit Return protocol on beverage cans in the Netherlands. The country expanded its deposit return scheme to include beverage cans from April 1. Heineken is continuing to produce aluminium cans without the new deposit logo that differentiates it as a DRS-friendly item. The company is being accused of neglecting the new rule, which apparently is causing huge difficulties in implementing the scheme countrywide. European countries are forcing the imposition of DRS to induce a circular economy along the aluminium beverage can manufacturing chain. As it is known, aluminium is 100 per cent recyclable and can promote a closed loop for raw materials. The DRS has been designed so consumers can return...
MetalX and Manna Capital comes together to establish a recycled-content aluminium rolling slab factory located in the Great Lakes area. The facility will be built to produce roughly 100,000 tonnes annually of ultra-low carbon aluminium rolling slab with a higher percentage of recycled content that is currently available. This new Greenfield aluminium rolling slab factory will cost over $200 million. It will be in northeast Indiana, northwest Ohio, or southern Michigan. According to the two businesses, the end markets for the plant will be focused primarily on alloys for the beverage, packaging, and auto industries and, to a lesser extent, industrial and speciality markets. The factory will have about 100 workers when it is fully operational, which is anticipated to happen in the first...
