Hanne Simensen will become Executive Vice President (EVP) for Bauxite & Alumina at Norsk Hydro, effective November 1, 2026, succeeding John Thuestad, who is stepping down after eight years in the role. Simensen joined Hydro in 1994 and has held several senior positions across the company. She has served as EVP for Aluminium Metal since 2024, following earlier roles as EVP for People & HSE, Senior Vice President (SVP) and Head of Aluminium Metal Commercial, and SVP and Director of Global Business Services. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: "Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook" She holds a Master of Management from BI Norwegian Business School. Thuestad, 66, has served as...
The London Metal Exchange (LME) aluminium price graph dropped further in the October 1 trading session, reporting major declines of 2 per cent and above across the pricing and contract segments. Stocks in the aluminium inventory remained stable for three consecutive days. The LME aluminium cash price dipped by 2.6 per cent from USD 3,203 per tonne to USD 3,119.5 per tonne. The offer price moved from USD 3,204 per tonne to USD 3,120 per tonne, representing a slightly higher 2.62 per cent plunge. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid slumped from USD 3,208 per tonne to USD 3,130 per tonne, decreasing by 2.43 per cent. The offer...
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China’s metallurgical-grade alumina production in April 2023 (30 calendar days) stood at 6.54 million tonnes compared to 6.64 million tonnes in March (31 calendar days), showed the Shanghai Metals Market survey. Hence, on a month-on-month calculation, China’s alumina output reflected a 1.5 per cent drop in April. But annually, the production grew by 5.4 per cent from 6.201 million tonnes. The daily output averaged 218,000 tonnes in April after dropping by 3,700 tonnes month-on-month from 214,300 tonnes and growing by 12,000 tonnes year-on-year from 206,000 tonnes. The installed capacity and operating capacity totalled 100.25 million tonnes and 79.5 million tonnes, respectively, with an average operating rate of 79.3 per cent. The average operating rate in Shanxi was 69.4 per cent in April...
As of May 11, the domestic aluminium billet social inventory closed at 168,600 tonnes, up 10,900 tonnes from the previous week. Inventory grew as a result of continuous cargo arrivals and low downstream consumption. A growing proportion of molten aluminium was converted into billets and other intermediate products. Meanwhile, the aluminium extrusion business is transitioning into the off-season. As a result, the accumulation of aluminium billet inventory will be hazardous. The figure below provides further information on the current state of aluminium billet inventories in China: The inventories in Foshan and Changzhou have expanded by 12,800 tonnes and 2,000 tonnes to halt at 108,400 tonnes and 7,800 tonnes. On the other hand, both Wuxi and Nanchang had recorded a drop of 2,800 tonnes...
Ghana's President, Nana Addo Dankwa Akufo-Addo, has established the Ghana Integrated Aluminium Development Corporation (GIADEC) will add value to the country's raw bauxite resources. Ghana's overdependence on exporting raw products has prevented the country from benefiting optimally from its resources. The government aims to stop exporting raw natural resources in the short to medium term. A stakeholder dialogue was organised to discuss policies to address illegal mining and logging. The President emphasised the need for fair negotiations with mining companies that do not exploit lands and people. President Akufo-Addo believes that the actual value of natural resources lies in their value addition. He cited the example of the global aluminium industry , estimated to be worth over $180...
When it comes to aluminium casthouse machinery, Mechatherm International Limited is the leading provider in the United Kingdom. Founded in 1973 by Bryan Emes, John Gardner, and Louis Riley, the aluminium casthouse equipment supplier celebrated 50 years of business, a milestone occasion for the company. To commemorate this historic anniversary, Mechatherm will conduct a number of activities throughout the year, including a gala dinner and the biggest exhibition stand in the United States to date at Aluminium USA in October. The company's devotion to sustainability has also contributed to its success. Mechatherm has created novel solutions to minimise energy usage, greenhouse gas emissions, and trash formation in the aluminium recycling process. This development will culminate in Mechatherm...
On Wednesday, May 17, Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, announced that it partnered with Gulf Extrusions and the Mohammed Bin Rashid Space Centre (MBRSC) to use CelestiAL solar aluminium in space. CelestiAL aluminium will be used in MBRSC's MBZ-SAT, the region's most advanced commercial satellite in the field of high-resolution satellite imagery, which is due to be launched in 2024. This partnership is a new milestone for the UAE's goal to become a leader in space exploration and for the 'Make it in the Emirates' programme, an initiative by the UAE Government to encourage companies to develop and manufacture products in the UAE, doubling the size of the industrial sector by 2031. In 2022, EGA hosted UAE...
US-based retailer CVS Pharmacy is allocating the Gold Emblem Purified Water in 600ml aluminium bottles to its private label collection, with the aim of reducing the usage of single-use plastic solutions and catering to the demands of modern consumers. The water will be available in 20-ounce individual bottles and three-packs totalling 1.8 litres made of 68% recycled aluminium material. The bottles are BPA-free, refillable, and easily recyclable through designated recycling programs, ensuring they have a longer lifespan. Such initiatives are good for the environment because aluminium being an infinitely recyclable non-ferrous metal, stays forever in the material loop and reduces carbon emissions in the long run. Gold Emblem Purified Water has uplifted the company's policy by using...
DAN Cases has introduced its latest SFF case, the C4-SFX, perfect for tech enthusiasts who love packing powerful components into compact cases. The case boasts a durable all-aluminium body, crafted to the highest standards by Lian Li, and comes in an anodized black or silver finish with airflow holes drilled into the side. Lian Li is a leading supplier of PC cases for assemblers, and the use of aluminium in such products has been quite common. Electronic items are prone to get heated, and aluminium having impressive resistance abilities can be regarded as one of the most essential metals for manufacturing these products. The top aluminium panel is ventilated to ensure the graphics card receives adequate airflow. Despite its small size, the DAN C4-SFX is designed to support strong cooling...
Hydro and Saint-Gobain Glass are on their way to reducing the carbon footprint of building facades in half via the use of combined low-carbon solutions. The businesses are using their one-of-a-kind technology to produce goods with decreasing levels of embodied carbon. In its aluminium facade solutions, Hydro Building Systems employs the utilisation of Hydro CIRCAL , which has a high proportion of recycled post-consumer waste material. The low-carbon glass products produced by Saint-Gobain Glass are made using power generated from renewable sources and include a significant amount of recycled material. “We share with Hydro the same ambition to be leaders in light and sustainable construction. This partnership will enable us to increase the awareness of low-carbon solutions for façades....
Ma'aden, a Saudi state-owned mining company headquartered in Riyadh, is acquiring a 9.9 per cent stake in Vancouver's Ivanhoe Electric for $126.5 million. The news came on Tuesday, May 16, after Ma'aden announced signing an agreement with the American company. As per the deal, Ma'den is purchasing nearly 10.2 million common shares in Ivanhoe Electric (IE). Ma'aden also announced that it formed a 50/50 joint venture with IE to shoulder one of the most extensive exploration programmes. The JV will fund $66 million for exploration activities and buying three new-generation Typhoon machines. The agreement makes Ma'aden eligible to access IE's Typhoon geophysical survey technology to explore Saudi Arabia's lands that hold $1.3 trillion of untapped minerals. Ma'aden and IE will explore at least...
Automated People Mover (APM), expected to open in 2024 at the Los Angeles World Airports (LAWA), has earned another key environmental award. The APM was recently awarded the Trailblazer Project of the Year award by the Los Angeles Sustainability Coalition (LASC). Composed of recyclable aluminium shells , APM is a zero-emissions electric train that generates its own electricity using regenerative braking, which uses the kinetic energy generally wasted while braking to propel the train forward. A solar power system installed on the top of the APM's Maintenance and Storage Facility (MSF) will meet 40 per cent of the facility's energy demands and 7 per cent of the APM's total power needs. "The positive impacts of LAX's Automated People Mover will be felt for generations to come. Sustainably...
LME aluminium opened at US$2,265.5 per tonne on Tuesday, with its low and high at US$2237.5 per tonne and US$2,273 per tonne respectively before closing at US$2,265 per tonne, a drop of US$4 per tonne or 0.18 per cent. On May 16, Wednesday, the LME aluminium cash bid price stopped at US$2,235 per tonne, with a slump of US$25 per tonne or 1.11 per cent, and the LME aluminium official settlement price closed at US$2,235.50 per tonne, with US$25 per tonne or 1.1 per cent dive. The 3-month bid price halted at US$2,241.50 per tonne, with a loss of US$24.50 per tonne or 1.08 per cent and the 3-month offer price went down the graph by US$25.50 per tonne or 1.12 per cent, resting at US$2,242.50 per tonne. December 24 bid price and December 24 offer price both have plunged by US$25 per tonne or...
On Wednesday, May 17, China’s A00 aluminium ingot price has extended its growth for the third consecutive day by RMB 150 per tonne to settle at RMB 18,390 per tonne. The average prices are expected to range between RMB 18,370 per tonne and RMB 18,410 per tonne. The spot contract price may be traded at a premium price of RMB 100 per tonne to RMB 140 per tonne. The A00 aluminium ingot price has grown in all eight provinces. As per AL Circle’s outlook report, the demand for primary aluminium is expected to increase very slowly in 2023. The report also stated that lifting the zero-covid restrictions is expected to impact the Chinese market positively, and the demand is likely to recover slowly but steadily. According to the SMM, the price in Wuxi has hiked by RMB 165 per tonne to halt at RMB...
During their annual meeting in Milan on May 12th, the National Aluminium Packaging Consortium (CIAL), a non-profit organization in Italy, shared the impressive results of their waste management model for recycling aluminium packaging. The waste management programme aligns with the European Green Deal's new Circular Economy Action Plan observations. CIAL reported that a gigantic 73.6% of aluminium packaging waste was successfully recycled in the previous year, surpassing Italy's recycling targets for 2025 (50%) and 2030 (60%). If energy recovery was included, this percentage increased to an even more astounding 78%. The president of CIAL, Carmine Bruno Rea, mentioned: "For aluminium packaging, 'disposable' is an almost outdated concept, while 'use and recycle' is increasingly widespread."...
Mexico imported 13,400 tonnes of aluminium crude metals and alloys from the United States in February 2023, according to the US Geological Survey. The import volume was 4.29 per cent or 600 tonnes fewer month-on-month than 14,000 tonnes but reflected a rise of 16.52 per cent from 11,500 tonnes a year ago. In the first two months of 2023, Mexico’s aluminium crude metals and alloys imports from the US totalled 27,400 tonnes, up by 26.27 per cent from 21,700 tonnes during the same period of the previous year. Mexico continued to be the highest importer of the United States’ aluminium crude metals and alloys in February 2023, followed by Malaysia, importing 10,200 tonnes of metal. On a month-on-month calculation, Malaysia’s imports edged an increase of 35.46 per cent from 7,530 tonnes. The...
Colorbar, a renowned and affordable cosmetic brand in India, recently launched its new 3-in-1 lipstick called 'Take Me As I Am'. This innovative eco-friendly product makes it the brand's first-ever refillable lipstick. It is highly pigmented, long-lasting, and vegan, arriving in 100% recyclable aluminium packaging. The unparalleled 'Take Me As I Am' lipstick range from Colorbar features 20 shades divided into two variants - Creme and Matte. The Creme variant flaunts 12 luscious and radiant shades, while the Matte variant offers eight sophisticated and refined options. This range stands out for its unwavering commitment to 'Clean Beauty' and sustainability. After using the lipstick, one can take the aluminium case to any Colorbar store for a refill at half the original price. By reusing...
The Async A1 electric bike (e-bike), at first impression, looks like a rocket launcher with an aluminium frame. However, the aesthetic appeal is not limited to the first visual impact. The vehicle's integrated aluminium frame gives it more strength and longevity. Because of its triangular design, the electric bike's seat is 1.8 inches thick, providing excellent cushioning and pressure relief to the user. Async A1 is eye-catching because of its streamlined form, which manages to strike a balance between simplicity and sleekness. Async's electric bike line-up comprises the standard A1 and the high-end Pro model. The former has a range of 40 to 75 miles after a full charge, a charging duration of up to seven hours, and a flashing four-inch LCD display. The latter has a more extended range...
The leading South Korean aluminium foil producer, Dong-IL Aluminium Co., has reportedly accelerated its production capacity to cater to the ever-growing demand in the electric vehicle (EV) sector, especially in the United States and Europe. The company will supply more aluminium foil to local EV battery makers. Dong-IL Aluminium has recently announced that it is adding three new rolling mills to the existing five at its Cheongju plant by 2025, aiming to become the largest foil producer in Korea. Each rolling mill can produce 350,000 units of aluminium foil for EVs in a year. “Demand for the high quality of aluminum foil has explosively grown as EV makers have been in a hurry to obtain batteries with both higher safety and energy density to offer longer driving ranges,” Park Chan Gyu, the...
The AC Cobra is a well-known sports car that originated in the 1960s and combined British design with American V8 power. The new AC Cobra GT Roadster aims to keep the tradition alive with a modern yet retro-looking design. Despite its larger size, the new model maintains its lightweight construction thanks to a carbon composite body and an extruded aluminium spaceframe chassis. As it is known, aluminium is lighter than conventional metals used as raw materials in the automobile industry. Its lightweight aluminium construction results in a kerb weight of just 1,450kg, which makes it easier for the 5.0-litre V8 engine to run the vehicle. Buyers can choose between a normally aspirated engine with 338kW and 570Nm or a supercharged variant with 488kW and 780Nm, capable of sprinting from...
