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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In a remark, the CEO and Managing Director at Alumina Ltd., Mike Ferraro, explained why the Australian Government should follow the footsteps of the US, which 12 months earlier included aluminium in the list cataloguing 50 critical metals of the nation. Mike believes Australia should act according to the memorandum laid out by the US, Canada and Europe, subtly depending on the World Bank and the International Energy Agency. He claims this would place Australia at the peak of its capacity, with the country realising the emerging need for bauxite, alumina and aluminium, increasing the possibility of clean energy transformation. "It is an opportunity the nation cannot afford to miss," Ferraro began. He further commented: "Aluminium is, and will continue to be, one of the most widely used...
Uniformity Labs (Uniformity), a provider of engineered materials, has made their UniFuse™AlSi10Mg aluminum powder available with optimised parameters for L-PBF printing at 50um and 90um layer thickness. This comes with the release of UniFuse™ AlSi10Mg and the optimisation of printing settings for 30um layer thickness. With the greatest throughput printing across L-PBF platforms, UniFuse™ AlSi10Mg powder and processing settings are designed for best-in-class material characteristics and reproducibility at each layer thickness. Compared to similarly priced rival materials, components spanning several L-PBF platforms have been produced using the UniFuse™ AlSi10Mg powder and optimised print methods at a substantially faster rate. Through developing and manufacturing their extremely advanced...
National Aluminium Company Limited (NALCO) has slightly increased its aluminium ingot and aluminium products prices, with effect from February 1, in line with a slow growth rate of the LME aluminium benchmark price between January 26 and February 1. According to the new price chart revealed, NALCO has lifted its aluminium ingot price by INR 1,100 per tonne to bring it to INR 243,950-247,450 per tonne versus INR 242,850-246,350 per tonne on January 26. NALCO’s aluminium billets price has also experienced an increase of INR 1,100 per tonne reaching INR 248,400-251,050 per tonne as of February 1 versus INR 247,300-249,950 per tonne as of January 26. Aluminium wire rod price has come in at INR 248,450-252,800 per tonne, up by 0.44 per cent from INR 247,350-251,700 per tonne last week. NALCO...
The leading supplier in the area of electrostatic powder coating with a worldwide presence, Gema Switzerland GmbH celebrates the fifth anniversary of the acquisition of the Italian engineering company dedicated to designing, producing and installing aluminium extrusions surface finishing equipment and packaging systems Surface Aluminum Technologies SRL (SAT). The acquisition, finalized in January 2018, represented a significant development for SAT and Gema, for customers and the finishing market. After being strong business partners for many years, Gema and SAT decided to join forces to offer a great experience and local assistance to all aluminium industry customers. On one side, SAT has developed a broad portfolio of very innovative solutions for powder coating and anodizing of...
Capral Aluminium, one of Australia's leading providers of aluminium products and associated services, finally completed its acquisition of Wollongong, New South Wales-based Allyman Aluminium on Friday, February 3. According to the firm, the acquisition is a part of Capral's goal to grow its distribution footprint so that it has Aluminum Trade Centers and distribution hubs strategically positioned all around Australia. This acquisition was announced on December 16, 2022, and was finally fulfilled in February 2023. Since its establishment in 2012, Allyman has actively served manufacturers and tradespeople in the neighbourhood and beyond. As per the sources, the South-Wales-based aluminium distributor will change its name to Capral's third Aluminium Centre in NSW after the acquisition....
Artificial Intelligence (AI)-equipped waste management robotics firm, Recycleye, has gathered US$17 million in funding during its recent financial drive. Sorting various waste materials is extremely vital for a smooth recycling process. Recycleye optimises AI-run waste-extracting robots to reduce the cost of sorting material waste. The technology applies the smartness of a computer and high-end robotics to clasp and sort the materials without any hindrance. With the AI protocol, the robot “sees” waste and has been formatted to pick materials like plastics, paper, cardboard and aluminium in a never-ending cycle. Among all the mentioned waste materials, aluminium has the potential to be infinitely recycled without losing its original properties. Moreover, recycling aluminium releases lesser...
On Thursday, February 2, Aluminium Bahrain B.S.C. (Alba) reported its fourth quarter and full-year 2022 financial results, announcing a sharp downfall of Q4 profit by 78 per cent year-on-year from BD181.2 million (US$481.8 million) to BD39.4 million (US$104.9 million). For the full year, Alba posted an 8 per cent fall in profit from BD451.9 million (US$1,201.8 million) to BD416.2 million (US$1,106.8 million). The company’s profit experienced a slowdown due to surging production costs caused by energy price rise and higher interest rates. The company also reported a drop in its Basic and Diluted Earnings per Share to Fils 28 for Q4 2022 from Fils 28 for the same period in 2021. Basic and Diluted Earnings per Share during 2022 stood at fils 294 versus fils 319 in 2021. Alba’s comprehensive...
LME aluminium opened at US$2,626.5 per tonne on Thursday and closed at US$2,604.5 per tonne, a decrease of US$1 per tonne or 0.04 per cent. On February 2, Thursday, the LME aluminium cash bid price slumped by US$38 per tonne or 1.45 per cent to log at US$2,572 per tonne and the LME aluminium official settlement price plunged by US$38.50 per tonne or 1.47 per cent, settling at US$2,572.50 per tonne. The aluminium price witnessed a sudden rise on February 1, again falling prey to the declining trend, the next day. The 3-month bid price and the 3-month offer price have dropped by US$35 per tonne or 1.32 per cent, officially resting at US$2,607 per tonne and US$2,609 per tonne. December 24 bid price and December 24 offer price have both halted at US$2,768 per tonne and US$2,773 per tonne on...
Jiangsu Dingsheng New Energy Materials Co., Ltd, a manufacturer of aluminium plates, strips, foils and other items, has signed a supply and purchase agreement with LG Energy Solution. Under this agreement, Jiangsu Dingsheng will supply around 61,000 tonnes of aluminium foil for lithium batteries to LG Energy Solution. The contract is expected to last from 2023 to 2026. According to the corporation, LG's demand and production conditions will determine the purchase quantity. Per the statement, the arrangement would significantly affect Dingsheng's performance in 2023. LG Energy is already one of the company's customers. The Chinese aluminium manufacturer also collaborated with Contemporary Amperex Technology, CATL, BYD, and Gotion High-Tech. LG Energy Solution is a battery company...
National Aluminium Company Limited (NALCO) has appointed Pankaj Kumar Sharma as the new Production Director of the Navratna CPSE, effective from February 1. The CMD of NALCO, Sridhar Patra, has formally lauded Shri Pankaj Sharma for taking this great responsibility as a Director (Production). He is optimistic about this incredible addition to the group and claims the joining might further solidify the authority of NALCO’s Board in the international metal market. Before accepting this new position, Pankaj Sharma was active in NMDC as the Chief General Manager at Global Exploration Centre in Raipur, alongside residing on the CEO’s chair for the Joint Venture (JV) Company NMDC-CMDC Ltd. He also was designated as the CEO of Bastar Railway Pvt. Ltd., Raipur. Pankaj Sharma earned his...
Patriot Aluminum, a US-based company known for producing a whole array of rigid aluminium and stainless steel conduit, elbows, couplings, etc., was relocated to Caroline County, Maryland. This was made possible due to the resourceful alliance between Caroline County Economic Development and Donovan Marine, represented by John Foster of SVN Miller Commercial Real Estate. This is a welcome addition to the Caroline County business community. A comprehensive variety of aluminium fence panels, posts, and gates are manufactured by the family-run firm, owned and controlled by American veterans. 2018 saw the purchase by Donovan Marine of the Bartley Building, a business building on Engerman Avenue in the Denton Industrial Park. Because the structure was more than required, there was a bonus...
Monster and CANPACK have collaborated to bring a new Lewis Hamilton Zero Sugar edition energy drink into the retail space, packed in designer aluminium cans. After the success of its flagship Lewis Hamilton signature energy beverage, Monster Energy became confident enough to continue its prevailing alliance with the seven-time Formula One World Champion. Very few brands have the healthy option of a non-diabetic, sugarless drink though Zero sugar might be regarded as the primary growth enhancer in the energy drink sector. This new Lewis Hamilton Zero Sugar drink will deliver a completely robust and fresh peach nectarine taste, also referred to as "stone fruits", which will also be vegan. Monster was in search of a new artwork that could prominently portray Lewis Hamilton's position in the...
Kuusakoski Group Oy, a recycling pioneer and the only recycled aluminium producer in Finland, has reportedly invested 25 M€ in a new production line at the recycling plant in Heinola. This project will ramp up the company’s recycling capacity for non-ferrous metals, including aluminium. The demand for recycled raw materials is skyrocketing with time as it saves considerable energy of what is required to produce virgin metal. For the first time in this decade, the production of recycled aluminium is anticipated to exceed that of primary aluminium. In 2022, Kuusakoski supplied a substantial amount of recycled aluminium to its customers needed for 2,000 new passenger aircraft. Kuusakoski’s recycling factory in Heinola is the largest integrated recycling plant in the Northern Europe, located...
The year 2023 started with a lot of hope keeping behind the fear of the pandemic and with an anticipation that the geopolitical crisis will conclude; however, it seems challenging to happen soon. In January 2023, the aluminium industry witnessed a lot of events, out of which the most difficult was Slovakia's sole aluminium producer, Slovalco, closing its smelters after 70 years of operation. The energy crisis persists, and the primary aluminium industry in Europe is countering the challenges. AlCircle launched the "Global Aluminium Outlook 2023", which revealed 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. High inflation and the continuing threat of recession will negatively impact global...
Royal Huisman has successfully cut down the weight of its Nilaya superyacht, or Project 405, using its ‘Featherlight’ aluminium design. The extremely sought-after 46.8-metre (154-foot) yacht is the first to utilise the company’s patented Featherlight blueprint. Nilaya continues to gain attention in the neighbouring area of the Vollenhove facility as the superyacht has left her construction hall and is heading towards mounting her towering rig in Amsterdam. The developer of the yacht has been relentlessly monitoring the building of Nilaya, which has led them to curtail almost 11% of the vessel’s weight with the use of aluminium, other than the conventional metals used in shipbuilding. The most revered ‘Featherlight’ process often resembles the design protocol followed by space agencies...
Waste disposal is one of the significant problems the cruise line industry has been dealing with for quite some time now. However, with the latest advancement shown by 'Symphony of the Seas,' one of the largest cruise ship in the world, the problem of disposing of waste ranging from aluminium bottles, cans or even food materials have become a little less complex. The Symphony of the Seas, operated by Carnival Cruise Lines, is a "zero landfill ship," which implies that it manages its own garbage through recycling and water filtering without polluting the ocean. Also, as per Alex Mago, environmental officer for the ship, the waste management crew divides the Symphony of the Seas' rubbish into recyclables on the lower deck. Aluminium cans and cardboard are fed through a bailer. To keep the...
In Africa & Asia (ex-China), alumina production during December 2022 stood at 1.129 million tonnes, bringing the total output in the fourth quarter to 3.349 million tonnes, found the International Aluminium Institute. The monthly production stood restrained M-o-M and 5 per cent lower Y-o-Y than 1.188 million tonnes, while the quarterly output edged a 4.61 per cent decline Q-o-Q than 3.511 million tonnes and a 1.67 per cent dip Y-o-Y than 3.406 million tonnes. According to IAI data, Africa & Asia’s alumina production reflected a slowdown for a significant period in Q4 2022. Although it started with a sequential rise in October by 6.01 per cent to 1.181 million tonnes, it encountered a downfall and then restraint in the two successive months. In the full-year 2022, Africa & Asia (ex-China)...
The Swedish electric performance car company, Polestar, has signed up with Stena Aluminium for the Polestar 0 project, which aims to create a genuinely climate-neutral car by 2030. Stena Aluminium in Älmhult, Sweden, is the leading aluminium producer using recycled raw materials. However, other than Stena Aluminium and Gränges, the new collaborators in the project include Vitesco Technologies, Schloetter, Autoneum, Stora Enso, TMG Automotive and Borgstena. Germany, Switzerland, Portugal, Finland, and Sweden are among the countries represented by these companies. They specialize in electrical inverters, electroplating, interior and exterior materials, biomaterials, wood construction, coatings, textiles, flat rolled aluminium, knitted and woven materials, and recycled aluminium, as well as...
