KAP Minerals and Cymat Technologies are exploring a partnership to produce scandium-aluminium master alloy in Ontario, following the signing of a memorandum of understanding. The partnership would use scandium oxide from KAP’s Kapuskasing critical minerals project and Cymat’s aluminium-processing technology to produce alloys for aerospace, defence and manufacturing applications. To know the global production, demand and consumption forecasts of aluminium extrusions, explore our report " The World of Aluminium Extrusions to 2035 " Scandium-aluminium alloys can improve strength, performance and weldability while reducing weight. The companies aim to use the proposed venture to establish a domestic supply chain, converting Canadian critical minerals into value-added industrial materials....
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...
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On Monday, February 13, Aluminium Stewardship Initiative (ASI) announced the joining of Deco Australia as a Downstream Supporter member. Deco is a family-run firm in Australia that produces superior surface treatments and architectural construction materials made of aluminium. In addition to their premium DecoWood® aluminium finish, which they introduced to the architectural market in 2004, Deco Australia now offers a variety of cutting-edge and long-lasting aluminium building systems, such as cladding, battens, decking, and fencing, as well as an expanded selection of architectural finishes, such as rust-look, concrete-look, solid colour, and anodised finishes. "DECO Australia is an innovative manufacturer of quality aluminium building products and protective finishes. At DECO we are...
From January 2023, the exclusive partnership between Nordmann UK and Toyal Europe for aluminium effect pigments distribution in the UK and Irish markets came into effect. The Toyal Group, an international production and supply chain with its headquarters in Japan, established by Toyo Aluminium K.K., includes Toyal Europe. The Toyal Group, a renowned industry pioneer in creating advanced aluminium effect pigments and atomizing powders, is dedicated to developing new products to meet market demands and offer cutting-edge services to clients. The aluminium-pigmented coatings are sprayed on the components using a standard spray technique. Following application, the layer is polymerized between 180°C and 200°C. The main benefit of this method is the partial spray coating of particular...
BorgWarner has declared recently that the company will supply a prime order of aluminium cooling plates used in battery making to a leading German automobile provider. This delivery of aluminium cooling plates would be done to the German carmaker's European and US manufacturing units, where they'll be used for creating batteries for the company's patented electronic vehicles. These battery cooling plates that BorgWarner excels in producing are usually formulated out of extruded aluminium profiles that squeeze their way between the rows of cylindrical battery cells, intruding less in the construct but maintaining an overall presence inside the battery’s internal design. These plates are then netted into a web by a pipe nearing their ends, through which uninterrupted coolant flows to handle...
Under its Responsible Products Framework, the Green Building Council of Australia's Green Star (GBCA) acknowledged Aluminium Stewardship Initiative's V3 Performance Standard certification (ASI V3). This was carried out after a benchmarking review with GBCA in 2022. Green Star uses industry-standard programmes and efforts to validate how environmentally friendly a product is. As a result, ASI-certified members can now contribute to Green Star credit points for the structure of a project (under the "Green Star Building" category: Responsible Structure, Responsible Envelope, Responsible Finishes, and Responsible Systems). Green Star, an internationally renowned grading system that establishes the benchmark for healthy, resilient, and positive buildings and settings, was established by the...
National Aluminium Company Limited (NALCO) has cut its aluminium ingot and aluminium products prices for the second time in a row within a week. With effect from Saturday, February 11, NALCO has reduced its aluminium ingot price by INR 4,300 per tonne or 1.8 per cent to INR 231,850-235,350 per tonne. The previous cut was on February 7 when NALCO’s aluminium ingot price experienced a plunge of INR 7,800 per tonne to INR 236,150-239,650 per tonne. On February 11, NALCO reduced its aluminium wire rod price by INR 4,300 per tonne to sell the product at INR 236,350-240,700 per tonne versus INR 240,650-245,000 per tonne on February 7. The company’s aluminium billets price is no exception but has also been cut by the same amount to INR 236,300-238,950 per tonne as of February 11, compared to INR...
After a feasibility study approved its potential outcomes, USA-based aluminium giant Alcoa is about to set up a steam recycling technology or MVR module focused on reducing emissions. As early as 2021, Australian Renewable Energy Agency (ARENA) allotted $11.3 million to run a feasibility study scrutinising the technical and commercial possibility of incorporating Mechanical Vapour Recompression (MVR) powered by renewable energy in Australian alumina refining processes. As the study has yielded positive results, Alcoa is on its way to purifying the next stage of its refinery for the future project by mounting a 4 MW MVR module at the Wagerup alumina refinery located in Western Australia. Alumina is extracted from bauxite which is then thrown into a series of technological processes to...
India’s aluminium scrap imports from the United States have been falling through the past three months to reach as low as 28,800 tonnes in November 2022 versus 40,800 tonnes in October, according to the US Census Bureau data. That was a month-on-month decline of 12,000 tonnes or 29.41 per cent in India’s aluminium scrap imports from the US during November. The imports in October also fell from the previous month, although slower, by 1,000 tonnes or 2.39 per cent from 41,800 tonnes. On a year-on-year calculation, India’s aluminium scrap imports from the US during November 2022 edged a sharp downfall of 20,100 tonnes or 41.10 per cent from 48,900 tonnes. Given the slowdown in India’s aluminium scrap imports from the United States since the last three months of 2022, the total volume of...
Launched by Alex Freire and Gabriel Rochael, the Xeque Mate Bebidas is a blend of rum, mate, guarana, and lemon offered in 355-centimetre aluminium can. Initially sold in glass bottles, the decision to switch to aluminium cans was traditionally associated with beverage companies using the metal to lower waste creation and also increasing consumption in public areas. The firm operates out of a 2,000 m2 factory with 90 staff and a 300,000-litre monthly production capacity. The novelty quickly travelled to parties in So Paulo, where it arrived eight months ago and already has 100 points of sale, including street vendor carts in the streets, and Belo Horizonte, which already has 300 points of distribution of the drink pre-carnival. It was first sold by the partners in glass bottles made at a...
Shanghai Metals Market reported, based on CCTV news and CCTV international news, that although the catastrophic earthquake in Turkey brought devastating effects, including 5,894 people killed in Turkey and 1,832 in Syria, it barely disrupted the local aluminium industry. Seydisehir, the only primary aluminium smelter in Turkey, owned by Eti Aluminium, located nearly 500 kilometres away from the source of the earthquake, was unaffected. The smelter has an annual capacity of 80,000 tonnes of aluminium and 260,000 tonnes of alumina. On February 7 local time, the World Health Organization stated that as many as 23 million people were affected by the devastating earthquake. However, like Seydisehir, many downstream aluminium processing plants in Istanbul, 1400 kilometres away from the...
LME aluminium opened at US$2,504 per tonne last Friday and closed at US$2,455 per tonne, a decrease of US$52 per tonne or 2.07 per cent. The LME aluminium price has been on a constant decline since the beginning of February with the first signs of upward inclination shown last Friday. On February 10, Friday, the LME aluminium cash bid price spiked by US$10 per tonne or 0.41 per cent to close at US$2,434 per tonne and the LME aluminium official settlement price gained US$10.50 per tonne or 0.43 per cent to stop at US$2,435 per tonne. The 3-month bid price remained hung at US$2,465 per tonne, with no notable price loss and the 3-month offer price went down by US$1 per tonne or 0.04 per cent, officially closing at US$2,466 per tonne. December 24 bid price and December 24 offer price have...
On February 7, 2023, the world's leading sustainable aluminium solutions provider and leader in aluminium rolling and recycling, Novelis , announced that it received the '2022 Supplier of the Year' award from Hyundai Motor Group at the auto maker's annual 'Partnership Day' held in South Korea on February 3. Novelis was honoured in the material supplier category by Hyundai Motor Group based on a comprehensive evaluation of its aluminium and steel material suppliers in supply chain reliability, quality, and technical support. Novelis is the first aluminium sheet supplier named ‘Supplier of the Year’ by the South Korean automotive giant. Novelis supplies automotive aluminium sheets produced at its technically advanced rolling facility in Ulsan, South Korea, for internal and exterior...
Golkonda Aluminium Extrusions Ltd, formerly known as Alumeco India Extrusions, has reported a total income of INR 0.106 crores during the quarter ended December 31, 2022, compared to INR 0.224 crores during the quarter ended September 30, 2022. The company posted a net profit of INR 0.004 crores for the quarter that ended December 31, 2022, against a net profit of INR 0.449 crores for the quarter that ended September 30, 2022. The company has reported an EPS of INR 0.01 for the period ended December 31, 2022, compared to INR 0.85 for September 30, 2022. However, the company has reported a total income of INR 0.106 crores during the period ending December 31, 2022, compared to INR 0.218 crores ending December 31, 2021.
The use of giant aluminium die-casting machines, such as those made by Tesla supplier IDRA Group, can reduce manufacturing costs by up to 40 per cent by replacing around 60 welded components. Massive casting equipment, commonly called Gigapresses , was invented by Tesla to produce single, enormous pieces of vehicle underbodies, expedite production, and lighten the workload of even robots. As a result, it has become the most profitable manufacturer of battery electric vehicles (BEVs). Critics claim that the approach carries dangers to quality and adaptability because a single defect might jeopardise the integrity of an entire module and make troubleshooting more challenging. However, as raw material costs rise and the industry struggles to maintain profit margins, automakers, including...
The South Korean multinational manufacturing conglomerate, Samsung ’s flag-bearer product line and when it comes to a trustworthy premium android experience, Samsung Galaxy S series has redefined the peak performance for millions. Galaxy S23 lovers are swooning over the recently-launched series like never before. The 200MP Adaptive Pixel sensor on the Galaxy S23 Ultra captures spectacular moments with amazing precision. To handle many levels of high-resolution processing concurrently, it uses pixel binning. The Galaxy S23 series incorporates rapid autofocus and the first Super HDR selfie camera, moving from 30fps to 60fps, for considerably superior front-facing photos and movies. Selfie cameras are now more crucial than ever to how we interact. The gadget is also environmentally friendly....
On February 10, 2022, the Indian state-owned integrated aluminium company, National Aluminium Company Limited (Nalco), reported a net profit of INR 274 crore in Q3 FY 2022–2023, a rise of 61% from the previous quarter. According to the reviewed financial results for the third quarter of FY 23 that the Board considered on February 11, 2023, in Bhubaneswar, the Navaratna CPSE company recorded a net profit of INR 274 crores, up from INR 170 crores in the previous fiscal quarter. The net sales turnover for the third quarter was INR 3290 crore. Despite a significant increase in overall production, lower alumina sales volume during the quarter, higher input prices, and the volatile and challenging global business environment all impacted profit margins. Sridhar Patra, the CMD of Nalco , said,...
After the Paris Environmental Act of 2015, all the major aluminium consuming regions on the planet are finding ways to increase the use of recycled aluminium. RUSAL, Russia’s giant producer of aluminium has decided to process end-of-life aluminium or scrap aluminium into foundry alloys so that they can be used in the automobile industry. This has helped in tanking 20 per cent of the carbon emissions usually produced. Hydro has posted about making post-consumer aluminium scrap ingots in its Wrexham plant in UK opening almost 30 new job opportunities. Cans4City has been successful in raising over £10,000 with Exeter City Football Club (ECFC) and Exeter City Council by recycling used aluminium beverage cans. With its headquarters in Düsseldorf, Germany, Lindemann Metal Recycling has been...
Last week the end-user aluminium sector witnessed some valuable advancements like SIG declaring to use only ASI-certified aluminium for the creation of their trademark packaging solutions and Ball Corporation, one of the top contributors to ESG standards being mentioned in the 2023 Sustainalytics list. Altech Chemicals Ltd. posted about the recent upgrades to its Silumina Anodes TM pilot plant project in Saxony and how the company has cleared all the primary feasibility tests for commercialisation of this flagship product. Aluminium is a metal found in most of the essential items on the planet but who could have used some of those items for artwork? This mission was accomplished by Indian artist Subodh Gupta who was invited to the 8th edition of Contemporary Art, organised at Le Bon...
Novelis Inc. posted its third-quarter financial 2023 results. According to the data, net income attributable to its common shareholders decreased from the prior year by 95% to $12 million, principally because adjusted EBITDA was lower, and there was a negative metal price lag caused by the current year's dropping local market premiums for aluminium. The Japanese partner Kosei's remaining 22.64 per cent stake in the joint venture business Minda Kosei Aluminium Wheels would be purchased by the Gurgaon-based Uno Minda Group for INR 115.5 crore. The development of a 12 mm aluminium wire rod for the electrical sector was announced by Vedanta Aluminium on Thursday, February 9, at its inaugural International Aluminium Conference (IAC) 2023. According to the company's announcement, the sale of...
