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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Strata Manufacturing (STRATA), in partnership with the Mohammed Bin Rashid Space Centre (MBRSC), has achieved a significant milestone by producing a satellite component made of aluminium honeycomb panels locally for the first time. This collaboration demonstrates the UAE's technological progress and growing self-reliance as it establishes an indigenous space industry. STRATA, a Mubadala-owned composite aero-structures manufacturing facility based in Al Ain, has partnerships with major aircraft manufacturers such as Airbus and Boeing and supplies components to Pilatus, SAAB, and S.A.B.C.A. STRATA is supplying locally built components for MBZ-SAT, the country's high-accuracy, high-resolution imaging satellite. The satellite will be equipped with STRATA's aluminium honeycomb panels, which...
On Wednesday, May 31, Fiona Solomon, CEO of the Aluminium Stewardship Initiative (ASI), and her management team visited Aludium's Amorebieta plant to discuss the company's growing efforts towards sustainable practices. They also exchanged views on the aluminium value chain's present and future in light of sustainable development. Aludium is an integrated, midstream aluminium manufacturer with casting, hot mill, cold mill, and finishing capabilities. It offers a diverse portfolio of high-quality aluminium sheets and coils to the packaging and transportation sectors. In 2022, Aludium's Amorebieta and Alicante plants acquired the ASI Chain of Custody (CoC) Standard certification. The Castelsarrasin plant in France has completed the CoC audit and is on track to receive formal certification...
Aluminium is referred to as a ‘green metal’ due to its environment-friendly nature and infinite recyclable properties. IAI claims that about 75 per cent of aluminium ever produced is still in the material loop, creating a circular economy. The advent of the Paris Act 2015 has urged major aluminium players to turn their production process into a sustainable one that reduces carbon emissions in the long run. This includes companies adopting renewable energy and decarbonizing their entire value chain. Aluminium, a 100 per cent recyclable non-ferrous metal, helps to create a closed material cycle which is beneficial for a company as there is no material loss during production. AL Circle has put together the latest report on “ Sustainability in the Global Aluminium Industry ” to present a...
Rio Tinto, a well-known mining corporation in Australia, has recently announced a significant profit from its aluminium smelter located in Bluff. The holding company for Rio Tinto's 79% share in the smelter, Pacific Aluminium, has recorded an "underlying" profit of $122 million for the year ending in December, benefiting from high aluminium prices. This profit, although lower compared to the previous year's $140 million due to the soaring aluminium prices caused by Russia's invasion of Ukraine, marks a significant turnaround from the $100 million underlying loss reported in 2020. Rio Tinto is currently in talks with power companies to extend the smelter's operation beyond next year when its prevailing low-cost power-supply contracts with Meridian and Contact Energy expire. Pacific...
Alumina production in Africa & Asia (ex-China) amounted to 1.08 million tonnes during April 2023, reflecting an increase of 1.41 per cent month-on-month, found the International Aluminium Institute. In March, the output was at 1.065 million tonnes after a fall of 3.10 per cent from 1.033 million tonnes. On a year-on-year calculation, Africa & Asia (ex-China)’s alumina production during April’23 decreased by 8.4 per cent from 1.179 million tonnes. In April 2023, Africa & Asia (ex-China)’s daily average output of alumina stood at 36,000 tonnes, up by 4.65 per cent M-o-M from 34,400 tonnes and down by 8.40 per cent Y-o-Y from 39,300 tonnes. During January-April 2023, Africa & Asia (ex-China)’s alumina production totalled 4.297 million tonnes, down by 4.32 per cent from 4.491 million tonnes...
The global aluminium industry has seen vast growth and is driving towards a sustainable future. It encompasses sourcing certified raw materials, transforming them through set industry standards, and the supply of finished products. The aluminium value chain has gone digital in recent years. Just as AL CircleBiz can be referred to as the world's first global online marketplace that connects millions of buyers and sellers across the entire aluminium value chain. However, there are many such things that came across and have been achieved for the very first time in the industry. Some of the important first-time achievements in the aluminium industry are: Transportation sector : The BMW Group is leading the way in the circular economy with the world's first fully electric MINI Cooper SE...
Aluminium is a leader in the circular economy. Because it is 100% recyclable, it retains its original qualities no matter how often it is treated. And there is no doubt that aluminium cans, in this circular economy, are the most environmentally friendly beverage packaging options. Aluminium cans have a higher recycling rate and can be made with a higher percentage of recycled metal than other types of packaging. Because it is durable, stackable, and lightweight, businesses can send more drinks while reducing their environmental impact. So what is a circular economy? Circular Economy is a concept for solving system-level concerns such as pollution, waste, biodiversity loss, and climate change. The only way to make the economy more sustainable is to move away from the current...
The 28th CRU World Aluminium Conference 2023, co-hosted by ASI and IAI, which took place on 16-18th May 2023, was co-hosted by the International Aluminium Institute (IAI) and the Aluminium Stewardship Initiative (ASI). During the discussion, the aluminium industry was noted for its need to reduce emissions quickly and achieve environmental and climate goals. Recognising that 2030 is rapidly approaching, concrete initiatives are required to fulfil global climate and environmental commitments. Adopting digitalisation may help enable development, but it is necessary to emphasise that data access alone is inadequate. In a session moderated by ASI CEO Dr Fiona Solomon, speakers from the aluminium value chain and civil society leaders explored how it is critical to address sustainability...
Dr Nigel Clarke, the Minister of Finance and Public Service, insists that it would not have been economically viable for the Jamaican government to take over the responsibility of 100 per cent operations of Jamalco, the bauxite mining and alumina refining company, after the previous majority shareholder, Noble Holdings, sold its 55 per cent stake in the company for US$ 1 following it went into financial stress. While responding to questions raised by Phillip Paulwell, the Opposition Spokesman on Energy and Mining, during the sitting of the House of Representatives in May, said that while the government considered an entire investment in the company rather than its 45 per cent stake, it would have been too risky. He said, "We would have looked at that as a possibility. However, with our...
On Wednesday, Alro, a Romanian aluminium producer, announced that it had signed a memorandum of understanding (MoU) with Azeraluminium, an aluminium firm in Azerbaijan, to discover routes to upgrade their technical and economic capabilities through mutual cooperation. The MoU unveils Alro will explore the probability exporting baked anodes to Azeraluminium for a prolonged duration of more than two to five years; the Romanian aluminium brand made it public in a press release. Additionally, they may partner to develop a gas-fired power plant on Alro 's premises, while Azeraluminium could process, market, and circulate continuous casting coils in Romania. Azeraluminium is the only primary aluminium producer in the South Caucasus region and has a grand presence in the non-ferrous...
Every Can Counts (ECC) has launched its newest brand collaboration with Pernod Ricard UK, a major wine and spirits firm. Under this initiative, Pernod Ricard will engage with ECC, other drink can manufacturers, and a broader recycling sector to increase awareness of the need for recycling. Pernod Ricard UK will offer cash to Every Can Counts as part of the collaboration to assist the program's aim of increasing recycling rates throughout the UK. As its ready-to-drink beverage line expands, it incorporates circular design elements into its goods, such as using endlessly recyclable aluminium packaging. During the summer of 2023, Pernod Ricard UK and Every Can Counts will conduct a series of combined event activations, with Every Can Counts supporting various sample campaigns and festival...
The Shanghai Metal Market has seen RMB 120 per tonne augmentation in the aluminium spot price, stopping at RMB 18,400 per tonne today, June 1. The average aluminium price trends are between RMB 18,380 per tonne and RMB 18,420 per tonne. The premium prices have ranged around RMB 60 or 20 per tonne. The central provinces in China all have witnessed increasing aluminium prices today, with only one exception in Shenyang, where it stood at RMB 18,320 per tonne as on May 31 , recording no change. Other than that, Foshan and Tianjin have experienced the biggest growth of RMB 150 per tonne, officially closing at RMB 18,500 per tonne and RMB 18,430 per tonne, respectively. Next, in Wuxi, the aluminium spot price has heightened by RMB 130 per tonne, resting at RMB 18,380 per tonne. In Hangzhou and...
LME aluminium opened at US$2,227.5 per tonne on Wednesday, with its low and high at US$2,201 per tonne and US$2,249 per tonne, respectively, before closing at US$2,247 per tonne, up US$19 per tonne or 0.85 per cent. On Wednesday, May 31, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$25 per tonne or 1.12 per cent to halt at US$2,254.50 per tonne and US$2,255 per tonne. 3-month bid price and 3-month offer price slipped by US$3 per tonne or 0.12 per cent and US$3.5 per tonne or 0.15 per cent to settle at US$2,221 per tonne and US$2,221.50 per tonne. December 24 bid price and December 24 offer price dipped by US$10 per tonne or 0.41 per cent to score at US$2,380 per tonne and US$2,385 per tonne. LME aluminium opening stock halted at 579525 tonnes....
George Brown College has established the Brookfield Sustainability Institute (BSI) to aid sustainable communities via international partnerships and education. The institute will be housed in the Limberlost Place building, which is currently under construction. Luigi Ferrara, the chair and CEO of BSI, mentioned in an interview that the focus of the institute is on finding applied solutions to address problems while moving closer to net zero. He added that the goal is to provide answers that can change society, technology and create sustainable products and services in the long term. The institute is based on the philosophy of "smart sustainability," which seeks to achieve sustainable development goals through digital transformation. BSI was made possible by $18 million in donations from...
The International Recycling Tour, organised by Every Can Counts, a prominent recycling not-for-profit, is back for its third edition. This campaign, aimed at raising awareness and promoting sustainable living, coincides with World Environment Day and will take place on June 5, with events spanning the weekend before. The initiative will be conducted in 18 locations across 16 countries in Europe and Brazil, covering congested cities, parks, beaches, and festivals. The countries participating in this initiative are Austria, Belgium, Brazil, the Czech Republic, France, Greece, Hungary, Ireland, Italy, Montenegro, the Netherlands, Poland, Romania, Serbia, Spain, and the United Kingdom. The ambassadors for this cause will promote the message, "Drink cans recycle forever," and encourage people...
Imported aluminium scrap prices in India have experienced significant volatility, where several grades witnessed a growth of upto $40 per tonne and a decline of up to $10 per tonne for some grades when compared on a W-o-W basis. These fluctuations can be related to the patterns seen on the London Metal Exchange's (LME) three-month futures market, where aluminium prices remained contracted by $40-50 per tonne W-o-W in the previous trading session, at US$2,230-$2,240 per tonne. The LME, however, remained closed on May 29 due to the summer bank holiday. Aluminium stockpiles on the LME increased by 24,580 tonnes Y-o-Y to 579,775 tonnes. Compared to other grades, such as UK Zorba 95/5 or 94/4, and the domestic tense pricing in the northern regions, INR 163,000 per tonne, the price of tense...
Reynaers Aluminium in Enniscorthy recently had its new multi-million euro renovation and extension officially opened by the Belgian ambassador to Ireland, Karen Van Vlierberge. The new extension is comprised of 3,500sq metres of new and refurbished facilities that meet the highest standards in building regulations. Following strict production policies is beneficial for a company when it comes to the authenticity of its flagship products. Reynaers is one of UK's most revered providers of aluminium solutions. Aluminium is 100% recyclable and can retain its original properties even after transformation. Thus Reynaers' doors and windows have an inseparable sustainability factor attached to them. Moreover, with this new renovation, the company aims to highlight its ESG agenda, as the...
On Tuesday, May 30, MAAN Aluminium, one of the pioneers in the aluminium extrusion industry in India, announced its financial results for the March quarter of 2023, whereby it reported net sales of INR 262.87 crore, up by 38.63 per cent quarter-on-quarter from INR 189.62 crore . On a year-on-year basis, the company’s net sales in Q4 FY2023 recorded a 103.78 per cent surge from INR 129 crore. For the entire fiscal year ended March 31, 2023, MAAN Aluminium posted INR 813.69 crore (approx.) of net sales. The company’s net profit in the March quarter stood at INR 14.46 crore, reflecting a slight rise of 3.21 per cent from INR 14.01 crore in the previous quarter and a surge of 76.99 per cent from INR 8.17 crore in the earlier year. EBITDA stood at INR 22.30 crore in 4QFY2023, up by 70.23 per...
