Highway Roop Precision Technologies Limited, backed by Carlyle, has completed the acquisition of Chamundi Die Cast Private Limited, an Indian manufacturer of complex, precision-machined aluminum die-cast components for automotive and industrial applications. The acquisition adds aluminum die-casting and precision-machining capabilities to Highway Roop’s existing forging and machining platform. The combined business will serve applications across steering, transmission, powertrain and electric vehicle components while expanding Highway Roop’s manufacturing footprint into South India. Chamundi’s capabilities complement Highway Roop’s existing strengths in forging and precision machining, allowing the company to offer a broader range of lightweight engineered solutions. Lightweighting has...
X-Rite Pantone, Sun Chemical, and CMA Imaging have announced the commercial availability of the CanJET digital proofing ecosystem in North America, giving beverage brands, can makers, and packaging converters a way to match color and opacity directly on aluminum cans. The connected workflow combines CMA Imaging’s CanJET printing system, Sun Chemical’s extended color gamut inks, PantoneLIVE digital color references, and X-Rite measurement technology. The companies say the solution can reduce proofing iterations and accelerate design approvals before production. CanJET received a Bronze Innovation Award at METPACK 2026. The workflow is designed to provide a faster and more flexible alternative to conventional pilot-line proofing and prototyping. “On metal, matching a colour also means...
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Bauxite miners have once more pleaded with the Indonesian government to rethink the policy since domestic facilities are insufficient to process their output. However, this is to be noted that Indonesia is scheduled to restrict unprocessed bauxite exports in the next few days. Indonesia, the world's sixth-largest bauxite producer, is set to halt bauxite shipments from June 10, 2023, as part of a 2020 law prohibiting all metal ores exports to spur investment in refineries. The government last month granted miners of other ores, such as copper and iron, a one-year reprieve to provide extra time to complete smelter development, but it maintained the bauxite export prohibition. According to government data, Indonesia has three smelter-grade alumina refineries and one chemical-grade alumina...
On Thursday, June 8, China’s A00 aluminium ingot price has grown by RMB 140 per tonne to halt at RMB 18,520 per tonne, with the average prices expected to range between RMB 18,500 per tonne and RMB 18,540 per tonne. The spot contract price is expected to be traded at a discount price of RMB 20 to a premium price of RMB 20 per tonne. On a W-o-W calculation , the A00 aluminium ingot price has gained RMB 120 per tonne from RMB 18,400 per tonne recorded on June 1. As per the data, today, the price in Hangzhou has ascended by RMB 160 per tonne to halt at RMB 18,540 per tonne, followed by a hike of RMB 150 per tonne in Gongyi to come in at RMB 18,430 per tonne. On the same day, in Wuxi and Shenyang, the prices expanded by RMB 140 per tonne to reside at RMB 18,520 per tonne and RMB 18,470 per...
LME aluminium opened at US$2,208 per tonne on Wednesday, with its high and low at US$2,233 per tonne and US$2,208 per tonne, respectively, before closing at US$2,213 per tonne, up US$7.5 per tonne or 0.34 per cent. Bank of Canada unexpectedly raised interest rates, anticipating US Fed's rate hike in June. Hydropower generation in Yunnan is improving, predicting a small amount of aluminium capacity to resume by late June. Almost 200,000 tonnes of aluminium capacity will be released through Guizhou and Sichuan. Though it is not the season for downstream consumption, aluminium ingot inventories are continuously decreasing. Short-term aluminium prices are expected to remain range bound. On June 7, Wednesday, the LME aluminium cash bid price and the LME aluminium official settlement price...
Nespresso has launched its Recycling Rewards program for the second year to promote its aluminium coffee capsule recycling initiative. A recent online study showed that many Australians are unsure about the country’s recycling systems. Almost 78% of respondents believed their household recycling would be sorted and redirected by machines, councils, or volunteers, irrespective of which bin they used. The New South Wales Young Australian 2023 and founder of Banish and BRAD, Lottie Dalziel, exemplified: “I see so many Australians trying to do the right thing by putting used household items like soft plastics, toothbrushes and aluminium coffee capsules in their curbside recycling bins and optimistically hoping they will be recycled at the other end. Most often than not, it sadly isn’t the...
The Denver Nuggets, competing for their first NBA championship, have a major sponsor in Ball Corp., one of the world's largest aluminium can manufacturers. Ball Arena, home to the Colorado Avalanche and Colorado Mammoth, is named after the company, and Ball is excited about the exposure it is receiving. Although the Avalanche and Mammoth both won championships last year, the Nuggets' NBA Finals appearance has generated more interest and viewership from around the world. Ball signed a long-term agreement with Kroenke Sports Entertainment (KSE), its parent company, in 2020 during the pandemic. The company reportedly pays about $6 million per year for the naming rights. While it is difficult to quantify the return on investment, Apex Marketing Group estimates that the in-game brand exposure...
The Fergus Curling Club is launching a multi-stage fundraising campaign to replace the ice-making equipment and concrete pad. The first stage of our fundraising drive, ABC's 4 FCC, begins on June 21. Under this, the club requests people to save their aluminium cans, bottles and other recyclable items. These goods may be deposited in a bin at the curling club to promote sustainability and recycling. ABC stands for Aluminium, Bottles and Cans/Cash/Coins. The chilled floor was erected in the 1950s when low and high locations were unimportant. According to a press release, fluctuations in the floor level result in thicker and thinner patches of ice all throughout, resulting in considerable increases in electricity, water, and labour expenditures. Levelling the surface will enable the ice...
Hinterkopf showcased its innovative and sustainable wine packaging solution at the Metpack exhibition in Essen. Instead of traditional glass bottles, Hinterkopf uses lightweight and eco-friendly aluminium bottles that are easy to transport, making them perfect for on-the-go consumption. Additionally, the use of modern digital printing enables smaller wineries to create unique and economically attractive packaging concepts. Traditional glass bottles have been a subject of discussion in the wine industry due to their large size and weight, making them unsustainable for long-distance transportation. Hinterkopf's aluminium bottles offer a more convenient and durable option for mobile consumers, as they are unbreakable and can be cooled down to the desired drinking temperature faster than...
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Alumina production in Europe (incl. Russia) stood at 505,000 tonnes during April 2023, facing a fall of 52,000 tonnes or 9.34 per cent month-on-month, found the International Aluminium Institute. In March, the output was 557,000 tonnes, up by 13.21 per cent from 492,000 tonnes in February. On a year-on-year calculation, alumina output in Europe (incl. Russia) recorded a 26.06 per cent plunge during April’23 from 683,000 tonnes. In the first four months of 2023, Europe (incl. Russia) churned out 2.071 million tonnes of alumina compared to 3.113 million tonnes during the same period of the last year. That reflected a sharp decline of 33.47 per cent year-on-year. In April 2023, Europe (incl. Russia) produced 16,800 tonnes of alumina on a daily average. That registered a decline of 1,200...
Apple CEO Tim Cook unveiled the Apple Vision Pro, the company's long-awaited augmented-reality headset, at its annual software development conference WWDC 2023, on Monday. Apple has taken its first significant step with Vision Pro since the debut of the Apple Watch nine years ago. A single piece of three-dimensionally created laminated glass serves as an optical surface for the cameras and sensors that monitor the environment. It elegantly transitions into a bespoke aluminium alloy frame that softly bends to wrap around the users face and serves as an attachment point for the Light Seal. The Vision Pro headset is circular with an aluminium frame and has a glass screen in front. "Vision Pro is a new kind of computer that augments reality by seamlessly blending the real world with the...
According to an esteemed news agency, by 2030, the number of electric vehicles on the roads will escalate by a hefty amount, which indicates that the demand for lithium-ion battery storage will increase tremendously. And the metal used in making lithium battery cases is usually aluminium. As a result, Matthew Keyser, an electric chemical energy storage group manager, and his team of researchers at the National Renewable Energy Laboratory in Golden, Denver, Colorado, are working on better ways to recycle batteries. The goal is to increase the current recycling rate from 5%-10% to 98% or 99%. Keyser's team has found a more environmentally friendly method to recycle lithium-ion batteries than some currently used tactics. "Bloomberg estimates by 2030, we will need two terawatt hours of...
On May 31, LKQ Corporation announced the company's 2022 Global Sustainability Report, which displays its achievements in environmental leadership, employee engagement and diversity, safety, and operations. In 2022, LKQ accomplished several ESG milestones, which include processing 770,000 vehicles and recycling over 97 million pounds of aluminium, nearly 7 million pounds of copper, and over 123 million pounds of scrap steel. The President and Chief Executive Officer, Dominick Zarcone, commented: “As the largest vehicle recycler in the world, sustainability is core to our business and our success. Our strong environmental stewardship complements our commitment to our employees and communities. This year’s report highlights what we are doing around the globe to promote sustainability, equity...
On World Environment Day, Vedanta Aluminium announced that its product line was verified by the Environmental Product Declaration (EPD) International. The EPD-verified products from Vedanta included billets, Primary Foundry Alloy (PFA), wire rods, and other kinds of ingots. These goods are used in vital industries such as aerospace, infrastructure, automotive, electrical, packaging and other developing industries such as high-tech manufacturing, renewable energy, battery technology, and electric cars. Mr Rahul Sharma, CEO, Vedanta Ltd – Aluminium Business said, “In a world rapidly transitioning to more sustainable approaches, the aluminium industry is poised for remarkable growth and innovation. As the backbone of a low-carbon future, aluminium’s exceptional properties hold immense...
Shares of MAAN Aluminium jumped 19 per cent to INR 296.60, surpassing the previous high of INR 258.55 on February 3 and reaching a 52-week high on the BSE in Tuesday's intra-day trade, following the company's announcement that its board of directors would meet to consider the bonus issue and stock split plan. As per the report, the board of directors will meet on Friday, June 9, to discuss the proposal for a sub-division/split of the equity shares of MAAN Aluminium, each with a face value of INR 10. They will also talk about the issue of bonus shares to shareholders, said MAAN Aluminium in an exchange filing. Bonus shares are additional shares given to the current shareholders without additional cost, depending on the number of shares a shareholder owns. A stock split is a corporate...
Altemira has introduced a groundbreaking and sustainable model for the aluminium industry called the Can-to-Can cycle. This innovative approach revolutionizes how aluminium cans are recycled, paving the way for a more environmentally friendly future. Altemira ensures that the environmental impact of the production process is minimized from the outset. Altemira is a vertically integrated aluminium can, rolling, foil and extrusion business company. The company strives to be a leading company that continues to create new value and promote changes by constantly pursuing world-class technologies, products, and services. Teruaki Nakatsuka, the President of Altemira, said, “Aluminium cans have proven to be highly advantageous. Our can-to-can cycle commences at Altemira, where we proudly...
Ørsted, a prominent clean energy company, has entered into a new partnership with SOLARCYCLE, a technology-based solar recycling company, to recycle and process Ørsted's end-of-life solar modules from its projects across the United States. This recycling services agreement aligns with Ørsted's global commitment, effective immediately, to reuse or recycle 100% of solar panels that reach an end-of-life status. It's the first of its kind in the industry. SOLARCYCLE established its recycling facility in Odessa, Texas, in 2022. This agreement builds on Ørsted's existing recycling contract for thin-film modules, which was signed with First Solar in 2021. Even though Ørsted's U.S. solar projects are still in the early stages of their lifetime, Ørsted has already recycled 4,000 modules. The...
Coopers Cross in the north docklands of Dublin is planning to install 2,000 architectural fins made up of Hydro's low-carbon aluminium range, Hydro REDUXA. Coopers Cross will utilise these aluminium fins to minimise the demand for heating and air conditioning in its office buildings, a first in Ireland's commercial real estate market. Kennedy Wilson and Cain International have collaborated with Alucraft to vertically place low-carbon fins on the exterior of the scheme's office structures on the six-acre complex in the capital's docklands. According to the developer, the sustainable manufacturing process reduces the embodied carbon generated by more than 75 per cent of standard equivalent products. It will reduce the carbon footprint within Coopers Cross by an estimated 1.9 million...
On Friday, June 2, the Shanghai Futures Exchange (SHFE) announced receiving alumina futures trading permission from Beijing after the Securities Regulatory Commission approved the plan. That makes the SHFE the first exchange on Earth to offer an alumina contract with physical delivery. Noting several benefits of listing alumina futures, SHFE said in a press statement: “The listing of alumina futures will enhance the competitiveness for China’s alumina industry and its price influence and also improve companies’ risk-management abilities.” However, the Shanghai exchange has not yet revealed the date of starting to accept alumina futures listings. The People’s Republic of China accounts for more than half of the world’s total alumina output. In 2022, China churned out 81.86 million tonnes...
LME aluminium opened at US$2,238 per tonne on Tuesday, with its low and high at US$2,205.5 per tonne and US$2,246 per tonne, respectively, before closing at US$2,205.5 per tonne, a drop of US$34.5 per tonne or 1.54 per cent. On Tuesday, June 6, both LME aluminium cash bid price and LME aluminium official settlement price plunged by US$43 per tonne or 1.94 per cent and US$44 per tonne or 1.98 per cent to close at US$2,171 per tonne and US$2,172 per tonne. 3-month bid price and 3-month offer price lost US$36 per tonne or 1.59 per cent to close at US$2,218.50 per tonne and US$2,219 per tonne. December 24 bid price and December 24 offer price dropped by US$22 per tonne or 0.91 per cent to peg at US$2,380 per tonne and US$2,385 per tonne. LME aluminium opening stock halted at 589475 tonnes....
