China Steel Aluminum, a subsidiary of China Steel, will invest approximately TWD 1 billion (USD 32 million) to build a smart manufacturing plant in Kaohsiung, Taiwan. The investment was among two expansion applications approved by the Invest Taiwan Office on October 1, with a combined value of TWD 1.1 billion (USD 33 million). The new facility will be located in the Xiaogang District and focus on smart manufacturing and lower-carbon production. China Steel Aluminum, Taiwan’s largest manufacturer of aluminium rolled products, produces aluminium plates, sheets, coils and foil, as well as zinc alloy and hot-dip galvanised ingots. The investment supports the company’s shift toward high-end and low-carbon aluminium materials. The plant will integrate artificial intelligence (AI), the Internet...
This week, the overseas aluminium market was generally mediocre, with limited trading activity across major markets. In South Korea, purchases were mainly small-scale restocking, with little change in prices. In Thailand, demand remained weak, and some sellers slightly lowered their offers due to shipment pressure. The market focused on Q4 MJP quarterly pricing, with Rio Tinto's latest offer further reduced, and market expectations suggested there is still room for the final settlement price to move lower. South Korea: Mediocre market, transactions mainly small-scale restocking This week, trading in the South Korean market was very subdued, with purchasing demand limited to small-scale restocking and no concentrated procurement seen. Sellers showed moderate willingness to offer, with...
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Aluminium Bahrain (Alba), the world's largest aluminium smelter ex-China, has entered into an operation and maintenance agreement with Bahrain's Electricity and Water Authority (EWA). As part of this agreement, both entities can exchange energy annually and seasonally to increase power efficiency by strategically scheduling the timing between exports and imports within their electric systems. According to EWA President Kamal bin Ahmed Mohammed, this agreement falls under the Kingdom's energy programs aimed at improving the quality of energy production and investing in the best possible methods. The energy exchange process follows rigorous technical procedures to ensure that all connected lines operate efficiently and adhere to operational standards that maximise the benefits of energy...
Marylebone Cricket Club (MCC) has stepped forward towards increasing its sustainability initiative by joining forces with Re:Water, making it the official water supplier of both Lords and the club. As part of the agreement, innovative licencing options will be sought to make Lord's and MCC branded aluminium water bottles, adding an exciting and sustainable item to the larger offering to fans visiting the Home of Cricket. Re:Water will be available for purchase across the arena ahead of a spectacular summer of cricket at Lord's, including men's and women's Ashes, matches. It is the world's first spring water in a bottle of recycled aluminium. "At MCC, we are taking sustainability seriously, and we believe this new and exciting partnership with Re:Water signals our intent. WE BELIEVE THAT...
During the second half of April 2023, the Govt. of India gave the go-ahead to the National Quantum Mission (NQM) with a grant of INR 6,000 CR (around USD $725 million) to build quantum computers and apply quantum computing in various fields of research. Quantum Computing operates in qubits, i.e. they can process ones and zeroes simultaneously. Standard computers operate in bits (ones and zeroes only). As quantum computers can read the patterns or streams of ones and zeroes, they are 100 million times faster than even the most powerful supercomputer in the world. For example, Google’s sycamore computing system with 54 qubits processing capacity can carry out some calculations in 20 seconds which even the fastest supercomputer in the world will take 10,000 years to process. Many other...
Sunrise Metal announced its most recent investment in GISS technology for aluminium die-casting production. With over 23 years engineering expertise and highly experienced board staff, the major maker of aluminium-die casting goods is well-known for its dedication to innovation and constant progress. GISS technology will significantly enhance the company's manufacturing process and efficiency. The GISS slurry unit is simple add-on equipment that can be mounted on a cold chamber aluminium die-casting process. It is simple to apply to diecast machines equipped with ladler dosing, which may convert metal alloys into semi-solid slurry materials by adding nitrogen. The final casted pieces expelled from the mould will thus have reduced shrinkage porosity, better mechanical characteristics, are...
Magna International Inc., a Canadian automotive parts manufacturer, and the Department of Energy’s Pacific Northwest National Laboratory (PNNL) have reportedly developed a manufacturing process that can reduce aluminium auto parts suppliers’ reliance on new aluminium. The new process, Shear Assisted Processing and Extrusion, enables manufacturers of aluminium parts to turn aluminium scrap and leftover trimmings into products suitable to automotive standards. Typically, in this process, recycled aluminium is added to newly mined aluminium to manufacture higher-quality auto parts. This is how the use of primary aluminium is reduced in the new process, helping companies cut carbon emissions by as much as 90 per cent. When asked what led to this invention, Aldo Van Gelder, general manager of...
Tata Group, the parent firm of Jaguar Land Rover, is leaning towards picking Britain over Spain for a gigantic battery plant for electric vehicles. According to those who know the situation, Tata, a conglomerate with interests ranging from metals to food, is considering a facility in England after the U.K. government proposed a support package. However, the people said no final decision had yet been made, and Tata could still decide on a second location. Tata's preference for the UK would ensure the survival of JLR's facilities and represent a significant victory for the government as Spanish officials were vying for the investment. Based in Somerset, England, the facility would make batteries for Jaguar Land Rover’s planned range of full-electric models due in 2024. It has been earlier...
#InTheLoopGM, a new campaign highlighting the importance of a ‘circular economy’ has been launched in Great Manchester by Recycle for Greater Manchester (R4GM) group, urging citizens to recycle products like aluminium cans, jars, etc., at home and reuse and repair whenever feasible. In terms of recycling, the people in Manchester are doing the right thing, but through this campaign, they want to ensure that more items are recycled to promote a greater circular economy. Recycling conserves resources and energy; for example, recycling aluminium can consume 95 per cent less energy than manufacturing it from scratch. Aluminium cans , glass bottles and jars, and plastic bottles are all part of a large loop, which means they can be recycled repeatedly. Aluminium cans, glass bottles, and jars...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated speciality aluminium products, announced that United Steelworkers (USW) Local 104 accepted a new four-year labour agreement to work at Kaiser’s Warrick rolling mill in Indiana, formerly owned by Alcoa. Kaiser’s Warrick rolling mill is a melt shop for used beverage cans. Kaiser said the agreement with United Steelworkers took effect from May 15, 2023, and would be in place till May 15, 2027. “We are very pleased to have reached a mutually beneficial agreement to position our company and USW employees at Warrick for sustainable success. Consistent with our expectations when we acquired Warrick on March 31, 2021, we believe the contributions from our Warrick employees will be instrumental in the achievement of our longer-term...
Razer has announced the release of the Nommo V2 line of PC gaming speakers, which includes the flagship Nommo V2 Pro, the Nommo V2, featuring improved extreme performance, THX Spatial Audio sound technology and Razer Chroma RGB lighting technology. The Nommo V2 Pro is outfitted with a 3-inch full-range driver unit with an aluminium phase cone design and a wireless downward sound transmission subwoofer. It can project light on the room wall via the rear-illuminated Razer Chroma RGB lighting effect to enhance the fighting atmosphere of the player's e-sports room. However, this is not the first time aluminium has been used to make speakers. Companies like Bang & Olufsen recently launched the 97" Beovision Harmony with new aluminium and wood speaker covers. Furthermore, the Nommo V2 Pro has...
Thok has recently developed a new aluminium prototype for their full suspension using a metal 3D printer, marking a first for the industry. Thok has partnered with an aerospace company to achieve this extraordinary feat. The company prioritises performance and tests the geometry and components of its projects on trails. Metal 3D printing is an ideal method for producing fully functional prototypes and components for final use that may be impossible to create with traditional methods, as it saves time and reduces costs. This technology combines the design flexibility of 3D printing with the mechanical properties of high-performing aluminium alloys to produce unique, lightweight, and durable components for the most complex applications. Aluminium is the most preferable non-ferrous metal for...
The Malaysia-based PMB Technology Bhd will invest significantly in its Phase 3 plant project in Samalaju Industrial Park, Bintulu, increasing the output capacity of metallic silicon by 50 per cent annually. It has been reported that the company is investing RM350 million in the Phase 3 unit of the smelter, which would have a capacity of 36,000 tonnes per year. According to PMB Technology, the project is expected to be accomplished by Q3 2023. The 2022 annual report of the company pronounces, "With both Phase 1 and Phase 2 up and running now, the group's combined annual installed capacity is 108,000 tonnes, supplied by a total power of 129 megawatts (MW)." The subsidiary PMB Silicon Sdn Bhd carries out metallic silicon manufacturing. On October 31, 2022, the group began constructing the...
According to the Shanghai Metals Market data, the average operating rate of China’s aluminium plate/sheet, strip and foil producers fell in April by 1.68 percentage points month-on-month to stand at 67.69 per cent. Large, medium, and small enterprises' operating rates were 72.88 per cent, 39.53 per cent, and 36.53 per cent, respectively. SMM showed the operating rate of aluminium plate/sheet and strip companies were 65.83 per cent, down 1.90 percentage points M-o-M and 10.87 percentage points Y-o-Y, while the operating rate of foil producers was 74.61 per cent. Although April was a peak season, many aluminium plate/sheet and strip-producing companies reported lower orders compared to March. Most of the companies’ new and backlog orders decreased significantly, resulting in diminished...
Found Energy has developed a ground-breaking technology that utilizes water to oxidize aluminium, converting stored energy into hydrogen and heat. This innovative process is capable of functioning with low-grade and contaminated aluminium waste. According to Gadi Ruschin, Co-Founder, they can easily transport aluminium and oxidize it at high power density in an aqueous environment that requires hydrogen. This is a safer, more straightforward, and more efficient method than transporting hydrogen, as aluminium has a ten-fold higher energy density than liquid hydrogen. The company further explains that each tonne of aluminium has approximately 8.6MWh of stored energy, one of the most volumetrically energy-dense materials, with a rating of 23MWh/m³. Rushin elaborated: "A single aluminium soda...
LME aluminium opened at US$2,288 per tonne last Friday, with its low and high at US$2,284 per tonne and US$2,288 per tonne, respectively, before closing at US$2,286.5 per tonne, an increase of US$2.5 per tonne or 0.11 per cent. On Friday, May 19, both LME aluminium cash bid price and LME aluminium official settlement price dipped by US$12 per tonne or 0.51 per cent to stand at US$2,298 per tonne and US$2,300 per tonne. 3-month bid price and 3-month offer price fell by US$7 per tonne or 0.30 per cent to score at US$2,295 per tonne and US$2,297 per tonne. December 24 bid price and December 24 offer price dropped by US$15 per tonne or 0.60 per cent to halt at US$2,448 per tonne and US$2,453 per tonne. LME aluminium opening stock came in at 555200 tonnes. Live warrants and Cancelled warrants...
The Shanghai Metal Market has reported a descent of RMB 170 per tonne in the aluminium spot price, finally settling down at RMB 18,370 per tonne today, May 22. The average aluminium price trends are between RMB 18,350 per tonne and RMB 18,390 per tonne. The premium prices have ranged around RMB 170 or 130 per tonne. The aluminium price trends in eight central provinces of China have been on a downward slide, with it falling the highest in Hangzhou by RMB 220 per tonne, resting at RMB 18,350 per tonne. Similarly, the aluminium spot price in Wuxi recorded the exact same rate, with a loss of RMB 190 per tonne. The aluminium price index in Foshan and Shenyang displayed a fall of RMB 180 per tonne, officially noting RMB 18,340 per tonne and RMB 18,410 per tonne, respectively. In Gongyi,...
Manaksia Aluminium Company Limited, aluminium profiled rolling sheet producer, has announced its standalone financial results for the fourth quarter and full year of 2023, reporting a 4.73 per cent quarter-on-quarter growth in total income to INR 110.7086 crore. In the third quarter, the company yielded total revenue of INR 105.7123 crore. However, on a year-on-year calculation, the Q4 revenue recorded a decline of 8.83 per cent from INR 121.4274 crore. The company’s net profit at the end of the fourth quarter stood at INR 3.4623 crore, registering a jump of 174.24 per cent from INR 1.2625 crore at the end of the third quarter (December 31). Compared to a year ago, Manaksia Aluminium’s net profit reflected a surge of 93.21 per cent from INR 1.7920 crore. Manaksia has also posted that its...
Ras Al Khaimah Economic Zone (RAKEZ) is the new home to Sparklo's reverse vending machine. Sparklo, a cleantech firm aiming to overhaul the recycling business, is a manufacturer and operator of reverse vending machines (RVMs), enabling customers to recycle aluminium cans and plastic bottles in exchange for simple incentives such as discount coupons for food or delivery services. "We are not here to highlight the harmful consequences of waste pollution as people are already aware of it. We want to transform recycling into an easy and joyful practice through edutainment. We are trying to push recycling as part of community lifestyle and eliminate the root cause of the 'plastic problem'," said Maxim Kaplevich, the founder of Sparklo. Sparklo's Ras Al Khaimah manufacturing plant in Al Hamra...
Rusal, a prominent Russian aluminium company and a top green aluminium producer has approved its 2035 Sustainable Development Strategy. The strategy is to create sustainable non-ferrous metals for the circular economy and low-carbon transition. These assets will be carbon-neutral by 2050 and balance primary and secondary materials. With advanced technology, Rusal’s value chain will be adaptive, equitable, secure, and inclusive. Meanwhile, Hydro and Saint-Gobain Glass have developed innovative technology to cut the carbon footprint of building facades in half through low-carbon solutions. DECO Australia is also making strides in reducing carbon emissions by partnering with Capral Aluminium to use LocAl® Green lower-carbon aluminium starting in June 2023. Last week, the Aluminium...
