Aluminium aerosol cans are significantly less likely to be recovered during recycling operations than conventional drinks cans, according to new research by waste intelligence company Greyparrot. An AI-powered analysis of waste streams found that aluminium aerosols recorded a sorting success rate of 68 per cent, compared with 85.3 per cent for drinks cans, highlighting the challenges faced by recycling facilities in recovering non-beverage aluminium packaging. The findings were generated through Greyparrot's Deepnest platform, which analysed 1.2 billion waste items across facilities in the UK, the US and the Netherlands, including 395,424 aerosols. The results were discussed during a recent webinar involving representatives from waste management company Biffa, packaging manufacturer Ball...
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....
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Aluminium is one of the most sustainable metals found abundantly on the earth's surface, with an ability to retain its original properties even after undergoing rigid recycling processes. Therefore, companies that promote aluminium as their base raw material are always searching for sustainability drives across the entire value chain, which can renew their flagship objects without emitting the estimated amount of carbon or Green House Gases (GHGs) such products usually leave behind. Products made of aluminium, if collected properly, can initiate a circular economy which can be very beneficial for the earth's atmosphere. Moreover, the Paris Environmental Pact of 2015 has instigated many global brands to follow green environmental practices that can curtail carbon emissions to a great...
According to the Shanghai Metals Market, social inventories of primary aluminium across China’s eight major consumption areas, including SHFE warrants, stood at 475,000 tonnes on December 22, registering a further decline of 7,000 tonnes week-on-week. That pulled down the inventories even below the 5-year low last week. Compared to the end of November, the current stocks edged 41,000 tonnes lower and 416,000 tonnes less than last year. The chart below indicates the current status of primary aluminium inventories across China in more details: In Nanhai and Wuxi, primary aluminium inventories decreased by 5,000 tonnes and 4,000 tonnes, respectively, to hover around 108,000 tonnes and 89,000 tonnes, respectively. But inventories in Shanghai inched up by 1,000 tonnes to amount to 38,000...
The American multinational automotive electric vehicle manufacturing company, Tesla, has revealed its own 'Wireless Charging Platform', a wireless charger that can charge up to three Qi devices simultaneously. According to our report, the charging mat's concept is similar to Apple's AirPower in that the three devices can be placed anywhere, each receiving up to 15 watts of power. Tesla claims that the Cybertruck served as inspiration for the charging mat's angular shape. It has an Alcantara surface, an aluminium housing, and a magnetic stand that can be detached and used for flat or angled charging. Elon Musk, owned Tesla, said, "Inspired by the angular design and metallic styling of Cybertruck, our Wireless Charging Platform provides 15W of fast charging power per device for up to three...
As of Thursday, December 22, SMM's social inventory of aluminium billets was 57,600 tonnes, a decrease of 3,800 tonnes from a week prior, primarily due to Foshan. According to SMM research, several aluminium billet factories in Inner Mongolia, Ningxia, and Gansu reduced or suspended production in the middle of December, 10–20 days earlier than in previous years, as a result of sharply declining orders, the COVID-19 pandemic's worsening effects after control measures were loosened, and the depressing real estate market. The figure below provides further information on the current state of aluminium billet inventories in China: The inventory in Wuxi hiked by 4,300 tonnes to stand at 10,800 tonnes from 6,500 tonnes recorded last week. On the same day, in Changzhou and Huzhou, the inventories...
The innovative engineering company that has transformed the industry for more than 125 years, Gränges has entered two new credit facility agreements and refinanced part of the debt portfolio. A three-year term loan for USD 100 million and a three-year term loan for SEK 3,500 million are included in the original facility agreement, which Citibank, Danske Bank, Svenska Handelsbanken, and Nordea structured. The deal will be connected to Gränges' sustainability goals and has a framework that is related to sustainability. Sustainability coordinators include Danske Bank and Nordea. Under the second facility agreement, signed with AB Svensk Exportkredit, there is a term loan worth USD 40 million and a term loan worth USD 20 million, each of which has a term of 3 years. This agreement will be...
The public may now enter the brand-new Albert-Kahn art museum on the outskirts of Paris thanks to renovation work and the creation of a brand-new structure by famous architect Kengo Kuma. Passers-by are drawn in by an envelope composed of haphazardly arranged aluminium strips, which also gives the spaces a dance of light and shadow. Visitors are invited to explore the enormous Kahn collections in a unique 2300 sqm architecture under the structure's uneven aluminium dome, reflecting the sky's variations. 'The display space was designed in an extended linear sequence from the paths through this garden. A screen made from aluminum and wood is inserted between the path and exterior environment while it continues to meander horizontally and vertically, controlling the relationship between the...
According to the China customs data, the average operating rate of secondary aluminium enterprises fell sharply by 51.1 per cent in November’22, and so did the imports of aluminium scrap. As per the data, China’s aluminium scrap imports declined by 14.8 per cent year-on-year and 16.08 per cent month-on-month to 126,000 tonnes in November. From January to November 2022, China imported 1.39 million tonnes of aluminium scrap, an increase of 59 per cent on the year. Guangdong province imported 80,400 tonnes of aluminium scrap under general trade, which was down by 18,200 tonnes M-o-M, accounting for 63.51 per cent of the total imports. Guangdong’s scrap imports under feeding processing trade dropped by 400 tonnes to 7,700 tonnes, accounting for 6.08 per cent of the total. Aluminium scrap...
Component manufacturer from Germany SQlab has introduced the latest set of aluminium handlebars to the market, flaunting a user-friendly, convenient design. These 310 3.0 aluminium handlebars have been specially crafted for MTB, trekking and city tours. The three new handlebars, 310 for MTB touring, 302 for trekking and 321 for city travels, have been allocated to standardise the handlebar shapes for each use. All these SQlab handlebars have been attested by the German Zedler Institute strength test determining the downhill mountain bike statistics with the strongest weightage point of 180kg. The use of aluminium in the making is extremely well thought out, as it reduces the bike's weight by a certain degree. The 310 3.0 aluminium handlebar has been constructed to lend support, stability...
OnePlus, the Chinese consumer electronics manufacturer is anticipated to launch its first keyboard, along with the OnePlus 11 5G smartphone, in February 2023. Recent rumours indicate that the keyboard, which may be known as the "OnePlus Nord Keyboard," will have a sleek and contemporary design featuring sturdy yet lightweight aluminium and plastic shell. The keyboard is a part of the "OnePlus Featuring" collection, which includes items created through partnerships with other businesses, and is being developed in conjunction with Keychron. The keyboard may not have any specific number button on the right side, instead will include a rotary encoder knob in the upper right corner that may be used to change the volume or advance through media playing. Additionally, Bluetooth 5.2 will be...
The German government's €28 billion ($29.69 billion) support programme for renewable energy, which aims to increase the use of wind and solar power quickly, was announced as having been approved by the European Commission. The policy, which will replace an existing renewables support scheme, will be in effect until 2026 and help Germany meet its target of producing 80 per cent of its renewable energy by 2030. According to the European Commission, the scheme was "necessary and suitable" to promote renewable energy sources and reduce emissions that contribute to global warming. Its favourable effects on the environment exceeded any potential competitive distortions. Margrethe Vestager, the Chief of EU competition policy, "The German Renewable Energy Act 2023 scheme will contribute to...
Hindalco Industries Limited has lifted its aluminium products prices by INR 3,250 per tonne, with effect from Thursday, December 22, following back-to-back cuts over a week. With the latest hike, Hindalco’s aluminium wire rod price has come in at INR 235,850 per tonne versus INR 232,600 per tonne on December 20. Hindalco’s aluminium billets price has pegged at INR 238,850 per tonne as of December 22, compared to INR 235,600 per tonne on December 20. The company’s aluminium ingot price is no exception but seen a hike of INR 3,250 per tonne or 6.48 per cent, with effect from December 22, to settle at INR 224,750 per tonne. Hindalco has raised its aluminium ingot and aluminium products prices in line with an elevation of the LME aluminium benchmark price by US$27.50 per tonne from...
China, the world's biggest manufacturer of industrial silicon, recorded a drop of 1 per cent on Thursday in their debut at Guangzhou Futures Exchange, China's newest commodities market. The market was established year to concentrate on "new energy" elements like lithium and rare earths. Industry silicon is used in the production of aluminium, aluminium alloys, solar cells and microprocessors. Casting production frequently involves adding silicon to metal. Silicon is added to aluminium to lower the melting point and increase fluidity. In aluminium, silicon alone results in an alloy that cannot be heated, but when combined with magnesium, it yields an alloy that can be heated and precipitation hardened. The Guangzhou exchange, which claims to be the first market internationally to put up a...
Renowned Japanese pharmaceutical companies, Eisai, Takeda, Astellas and Daiichi Sankyo, have joined arms in collaboration to lessen the carbon emissions from medicinal packages. From now on, companies will utilise greener packaging modes to promulgate environmental change. According to a Forbes report made public last year, it was evident that 15 of the biggest pharmaceutical companies accounted for 55% more carbon dioxide per million dollars of revenue than the automotive industry emitted in 2015. And this made headlines during the COP26 UN climate negotiations as well. After being accused of such a major environmental crisis, the pharma firms began advertising greener packaging options for their drugs by sharing ample ideas on lowering the carbon footprint these big players left. Here...
On December 22, 2022, the leading aluminium foil and packaging company of South Korea, Sama Aluminium's plan to raise a total of 115.3 billion won via the issuance of 3.7 million common shares, was revealed. According to our information, the shares will be issued at a price of KRW31,050 per share. The proceeds from the stock offering will primarily be used to fund the firm's facilities. Founded in 1969, Sama Aluminium, the dominant partner in the aluminium foil and packaging materials industry of South Korea, is committed to becoming the world’s leading company with sustainability as its core value. Sama Aluminium has been continuously investing in premier technology and R&D. The company is steadily pacing towards becoming a global player through the application of state-of-the-art IT...
Primary aluminium production in Africa stood at 127,000 tonnes during November 2022, reflecting a month-on-month plunge of 14,000 tonnes or 9.93 per cent, found the International Aluminium Institute. In October, the output amounted to 141,000 tonnes, up by 6,000 tonnes or 4.44 per cent from 135,000 tonnes a month ago. On a year-on-year calculation, Africa’s primary aluminium output edged a drop of 4,000 tonnes or 3.05 per cent from 131,000 tonnes. From January to November 2022, Africa churned out 1.483 million tonnes of primary aluminium in total, which recorded an increase of 2.13 per cent from 1.452 million tonnes a year ago. The world production of primary aluminium clocked at 5.611 million tonnes in November 2022, registering a decrease of 3.21 per cent from 5.797 million tonnes in...
LME aluminium opened at US$2,396 per tonne on Thursday, with its high and low at US$2,411 per tonne and US$2,380 per tonne, respectively, before closing at US$2,392 per tonne, down US$3.5 per tonne or 0.15 per cent. On Thursday, December 22, both LME aluminium cash bid price and LME aluminium official settlement price went up by US$6 per tonne or 0.25 per cent and US$5 per tonne or 0.21 per cent to halt at US$2,361 per tonne and US$2,362 per tonne. 3-month bid price and 3-month offer price closed at US$2,395 per tonne and US$2,397 per tonne after recording a growth of US$5 per tonne or 0.20 per cent. December 23 bid price and December 23 offer price climbed up by US$5 per tonne or 0.20 per cent to stand at US$2,480 per tonne and US$2,485 per tonne. LME aluminium opening stock closed at...
The Malaysian construction engineering company, Citaglobal Bhd, formerly known as WZ Satu Bhd, is exiting its bauxite mining venture under SE Satu Sdn Bhd to focus on a portfolio of businesses that includes civil engineering and construction, oil and gas, power generation, property development, manufacturing, and renewable energy. During its bourse filing, the company said it would divest its 49% stake in SE Satu to Spring Energy Sdn Bhd for RM4.8 million. Citaglobal, on the other hand, plans to keep the 31.31ha of freehold agricultural land under SE Satu in Sungai Karang, Pahang, in order to develop a renewable energy generation project along the East Coast Rail Link (ECRL). As a result, Citaglobal's indirect wholly-owned Sinergi Dayang Sdn Bhd will pay SE Satu RM10.08 million for the...
National Aluminium Company Limited (NALCO) has further slashed its aluminium ingot and aluminium products prices by INR 5,800 per tonne, with effect from Thursday, December 21. The latest cut has brought the company’s aluminium ingot price at INR 222,850- 226350 per tonne, compared to INR 228,650- 232,150 per tonne on December 15. Aluminium wire rod price has been decreased to INR 227,350- 231,700 per tonne, effective from December 21, from INR 233,150-237,500 per tonne on December 15. Aluminium billets price is currently ranging between INR 227,300-229,950 per tonne versus INR 5,800 per tonne about a week ago. NALCO has continued to reduce its aluminium ingot and aluminium products prices in response to the LME aluminium benchmark price fall by US$50 per tonne from US$2,379.50 per tonne...
