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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The green industrial tech company IB2 founded by Yves Occello, has developed a green and innovative technology allowing alumina refineries to process and valuate low-grade bauxite ores. Many alumina refineries have so far chosen to import bauxite rather than utilize close-by local resources because the depletion of high-quality local resources constrains them. IB2 provides these refineries with a real alternative, making low-grade bauxite viable through its revolutionary and environment-friendly process. Thus, beyond the financial and strategic benefits generated by IB2 Technology, refineries will dramatically improve their carbon footprint and fully participate in the circular economy. Indeed, the IB2 technology not only reduces wastes but also evaluates them through producing a highly...
The family-owned private company dealing with non-ferrous metals with global headquarters in St. Louis, Missouri, Metal Exchange Corporation, has announced that Mark Butterfield has been promoted to President of Manufacturing. In his new role, Mark Butterfield will be responsible for the overall strategic, financial, commercial, organizational, and operational aspects of all manufacturing across the Pennex and Electro Cycle, Inc. brands. Matt Rohm, the President and CEO, stated, “We recently unified the management of cast and extruded products under one manufacturing division. Our goal is to leverage resources and relationships across the enterprise better. The result is improved insights, efficiency, and end-to-end Advanced Aluminum Solutions for our customers. When it came time to...
New Jersey-based beverage brand, The Ryl Co. publicised its currently patented series of ready-to-drink iced teas premiering in 100% recyclable aluminium cans. The beverage line incorporates highly attractive forms of nostalgic flavours, ranging from the usual iced tea variant to homemade steeped tea that provides identical health benefits. The company also has taken account of those diabetic patients who usually have to refrain oneself from enjoying aggressively sweetened commercial drinks. The Ryl Co. claims it will also follow proper guidelines to be completely sugar-free and calorie-less, with no added preservatives or artificial ingredients. To pack their flagship item, The Ryl Co. has chosen aluminium as it is infinitely recyclable being more environment-friendly than the usual...
According to a senior US government official, the US government under Joe Biden will not lift the higher import taxes levied by the Trump administration on aluminium and steel products made in India until the "fundamental issue" of excess capacity and the actions that contributed to the issue are resolved. On January 17, 2023, Arun Venkataraman, the US Assistant Secretary of Commerce for Global Markets, at a media briefing in New Delhi, said Washington, on the other hand, has taken note of the visa delays caused by the Covid-19 pandemic and is doubling direct hires at its embassy in India to expedite the process. Venkataraman added Washington was upbeat about its growing economic relations with New Delhi, and Indo-US trade crossed the $160-billion threshold in 2021. Still, both...
On January 18, Econframe Bhd declared a company expansion phenomenon through which it wishes to diversify its operations. These two recent acquisitions are Trans United Sdn Bhd (TUSB) and Lee & Yong Aluminium Sdn Bhd (LYASB). Econframe promptly took over 65 per cent equity interest in LYASB, which is fundamentally responsible for aluminium fabrication works like mounting of aluminium glazing, glass solutions and façade instalments consisting of aluminium windows and glass doors. The enterprise also acquired a 100 per cent equity interest in TUSB, in consideration of the land on which the LYASB unit is situated. Lim Chin Horng, the managing director of Econframe, is optimistic about the company's business opportunities as the recent diversification might result in augmented growth, which...
Alcore, an 83 per cent owned subsidiary of ABx Group, has reportedly received an initial $3.3 million of a nearly $7.6 million grant for developing an aluminium bath recycling plant at Bell Bay in Tasmania. The funding, which will be used for the plant's construction, has come from the Federal Government’s Modern Manufacturing Initiative. The MMI programme gives funding support to large-scale manufacturing projects that offer sector-wide benefits in the national interest. Alcore is establishing an aluminium bath recycling plant on NSW’s Central Coast owing to the proximity to a pilot aluminium smelter and the ready supply of waste products. The waste product generated during aluminium smelting as a result of high sodium content in alumina is known as “excess bath”. Alcore’s upcoming...
One of the UK’s leading manufacturers of specialist metals and materials has signed a new commercial agreement with Advanced Energy Minerals (AEM) to support its growing order book in the academic and research sectors. Goodfellow Ltd, which recently delivered materials to the Lawrence Livermore National Laboratory for the Nuclear Fusion Breakthrough that shook the world, will work with the Canadian company to build high-purity alumina powders into its growing range. The transatlantic deal gives the Huntingdon-based firm exclusivity for sales denominations of up to 20kg per line, covering nine high purity-alumina powders, 5 gamma powders and 4 alpha powders. Mark Fenton, the Chief Operating Officer of Goodfellow, commented, “This agreement will provide access to new materials whilst also...
According to the data from the National Institute of Statistics (INS), based in Conakry, it has revealed that Guinea's export at the end of October 2022 recorded a rise of 29.5 per cent compared to September 2022. The INS highlighted in its note on the evolution of foreign trade that the country's exports amounted to 3,378.8 billion Guinean francs ($404.45 million) against 2,608.7 billion Guinean francs ($313.04 million) in September 2022. The bauxite and gold mining sectors have hugely contributed to the West African nation's export growth. One of the leading logistics companies reported record monthly shipments of Guinea bauxite supporting capesize trade. Volumes of bauxite exported from Guinea averaged 7.7 million tonnes in the first quarter of 2022 and 9.9 million tonnes in the year's...
National Aluminium Company Limited (NALCO) has continued to significantly increase its aluminium ingot and aluminium products prices in line with the LME aluminium price hike. With effect from Wednesday, January 18, NALCO has escalated its aluminium ingot price by INR 10,000 per tonne to range between INR 239,350-242,850 per tonne. NALCO’s aluminium wire rod price has also witnessed an increase of INR 10,000 per tonne or 4.2 per cent to hover around INR 243,850-248,200 per tonne as of January 18. Aluminium billets price has been raised by 4.2 per cent as well with effect from January 18 to peg at INR 243,800-246,450 per tonne versus INR 233,800-236,450 per tonne on January 12. NALCO links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the...
UK-based clean air solutions provider Monmouth Scientific has been hailed for supplying perfect aluminium modular cleanrooms for aiding satellite specialists, Surrey Satellite Technology (SSTL). The assembly ensures the provision of safe ground for experimentation by the SSTL Engineering teams on complicated optical payloads. Monmouth Scientific professionals defined the aluminium modular cleanroom as the most suitable solution meeting the requirements of the SSTL mechanical team, who would be responsible for developing tender technologies that can endure the aggressive atmospheric condition of space. SSTL has been the flagbearer of space innovation for more than four decades, successfully rolling out bespoke mission solutions for science, communications, Earth observation and navigation....
The three-month LME aluminium opened at US$2,618.50 per tonne on Tuesday and closed at US$2,624.50 per tonne, an increase of US$6 per tonne or 0.23 per cent. On Tuesday, January 17, the LME aluminium cash bid price and the LME aluminium official settlement price recorded a downfall of US$40.50 per tonne or 1.56 per cent after two consecutive hikes. Thus, the prices stood at US$2,562 per tonne and US$2,562.50 per tonne versus US$2,602.50 per tonne and US$2,603 per tonne on the previous day. The 3-month bid price contracted by US$37.50 per tonne to settle at US$2,586 per tonne, while the 3-month offer price shrank by US$37 per tonne to close at US$2,587 per tonne. December 24 bid price and December 24 offer price showed no exception but registered a decline of US$44 per tonne to come in at...
One of the founding members of the First Mover Coalition (FMC), Trafigura, has vouched to curtail carbon emissions alongside buying almost 50,000 tonnes of potent and weighable net carbon dioxide removal credits by the end of 2030 yielded via enhanced carbon dioxide eradicating processes. Established in 1993, Trafigura Group Pte. Ltd is a Singapore-headquartered Swiss multinational commodity trading enterprise that mainly focuses on base metals and energy. With this, Trafigura has dedicated its commitment to FMC for the third time, as it can already be regarded as the attestation firm related to FMC’s shipping and aluminium industry ties. The CEO and Executive Chairman of Trafigura, Jeremy Weir, exemplified: “In making our third commitment to the First Movers Coalition and its aims, we...
Until the deafening outcry for net zero was heard, automobile companies were going about with their usual course of action. But with the advent of the Paris Environmental Act of 2015, the need for utilising products with lesser carbon footprints is continuously increasing. Aluminium is a 100% recyclable non-ferrous metal that can retain its original form even after undergoing rigorous transformation. Therefore, many car companies are swapping their primary material, steel, with the recently popularised infinitely recyclable aluminium. Moreover, the inception of electric cars also calls for the use of a lightweight raw material for the vehicle's body to significantly decrease the weight so that the lithium-ion batteries can successfully tow the car. The need to induce a sustainable...
Carbon emission is a sincere concern that is largely being addressed worldwide by companies and individuals. The aluminium industry is no exception in contributing its share of efforts to combat the issue. Producers, suppliers, and patrons across the value chain have been experimenting heavily to lower their ecological carbon footprint for years. To explore the innovations being brought by the eminent companies and aluminium leaders to achieve a sustainable industry, AlCircle is coming up with the fourteenth edition of its e-Magazine titled “Green Initiatives: Road to a sustainable aluminium industry.” This e-Magazine aims to include companies and associates from the entire aluminium value chain to let them share their journey to achieving sustainability. From producers to suppliers, all...
FILTEC, one of the leading food, beverage and pharmaceutical inspection machine providers, launched its latest Remote Vision Inspection (RVI) systems. All aluminium cans, glass bottles, and PET bottles are subject to inspection by the RVI system, which is a minimal and adaptable machine vision solution. Other possible inspection carried on by the RVI system includes seam damage inspection on aluminium cans, tracing the date of origin for a can or bottle with barcodes, lid and tab inspection for cans, checking bottles for the existence, placement, and pattern matching of labels, and fill Level Inspection for PET and glass bottles. "What makes RVI so unique is that the systems use modern vision inspection capabilities in a very compact and flexible package. Many of our customers have...
Swisstek Aluminium Ltd. has earned the respectable ISO 50001:2018 certification for its Energy Management System (EnMS) by Sri Lanka Standards Institute, making it the first enterprise in the country’s industrial history to secure such an honour. Founded in 2019, Swisstek Aluminium, a subsidiary of Lanka Walltiles PLC, which enlists itself under the renowned Vallibel One PLC Group, has earned country-wide recognition as a frontrunner in eco-friendly production of anodised, mill-finished and powder-coated aluminium extrusions in Sri Lanka. The company is extremely committed to manufacturing innovative, high-quality, specialised aluminium products. Swisstek Aluminium can be regarded as one of the biggest aluminium profile suppliers in Sri Lanka. The company has always harboured safe and...
Buquebs, a South American ferry operator, is in discussions with Incat Tasmania, an Australian catamaran manufacturer, over the prospect of switching the LNG powerplant to a battery-electric system for its brand-new aluminium ferry that is now under construction at the yard. Even though there were challenges to solve, Incat said that the ship, scheduled to be completed in 2025, would be the biggest, lightest, zero-emissions ferry operating on any route in the world once it is battery-powered. “Zero emissions shipping is the future and Incat based in Tasmania, one of the few places on the planet which has already delivered net zero, is now poised to revolutionise the world’s shipping fleet by delivering the world’s first zero emissions, lightweight ship,” said Incat Group Chairman and...
India’s aluminium scrap imports from the United States continued to decline in October 2022 by 2.39 per cent or 1,000 tonnes month-on-month to peg at 40,800 tonnes, found the US Census Bureau data. In September 2022, India’s aluminium scrap import volume decreased by 9.33 per cent or 4,300 tonnes M-o-M from 46,100 tonnes to 41,800 tonnes. That indicated India’s imports from the United States declined for the second month but at a slower rate. On a year-on-year calculation, India’s aluminium scrap imports from the United States edged a sharp decline of 15,600 tonnes or 27.66 per cent from 56,400 tonnes. From January to October 2022, India imported 397,000 tonnes of aluminium scrap in total from the United States, up by 13.11 per cent from 351,000 tonnes year-on-year despite the...
