Scatec has begun construction of the first phase of a major solar power project that will supply renewable electricity to the Aluminium Company of Egypt (Egyptalum), advancing the Egyptian producer's efforts to reduce the carbon footprint of its aluminium operations. The first phase of the Dandara Solar Power project comprises a 569 MW solar plant supported by a 100-MWh battery energy storage system. The Norwegian renewable energy company has also signed loan agreements to finance the development, which was first announced in 2025. Under a 25-year power purchase agreement, the facility will supply clean electricity to Egyptalum. Once operational, the first phase is expected to generate approximately 1.4 TWh of renewable power annually and avoid more than 550,000 tonnes of carbon dioxide...
NTPC Green Energy Limited (NGEL) plans to expand its renewable energy capacity from around 12 gigawatts (GW) to 60 GW by 2032, marking a major step in its clean-energy expansion strategy. The target forms part of parent company NTPC Limited’s broader ambition to reach 149 GW of installed power capacity, supported by renewable energy, thermal expansion and a proposed entry into nuclear generation. The roadmap was outlined by P. Rahul, Deputy General Manager, Business Development – Green Hydrogen at NGEL, during the Bharat Renewable Energy Summit and Expo 2026. Alongside renewable capacity additions, the company is advancing green hydrogen, energy storage and green chemicals projects. To learn about the market potential of aluminium dross, explore "ALuminium Dross Processing: Generation,...
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Hydro wishes to entirely run its Swedish operations with 100 per cent locally produced power originating from renewable energy sources other than conventional fossil fuel. The company focuses on creating a sustainable future by transforming the energy input of its three aluminium extrusion plants in Sweden situated at Sjunnen, Vetlanda and Finspång. The enterprise will aim at strategic explorations with large investments in battery storage, solar energy, wind power, energy efficiency measures and hydrogen production. In the initial stage of the project, Hydro Extrusion Sweden will mount solar panels and battery storage systems to enhance the already prevailing hydropower system. The Swedish industry is striving toward greener energy with more focus on a stable power supply at competitive...
LME aluminium opened at US$2,136 per tonne on Tuesday and closed at US$2,102 per tonne, down US$32 per tonne or 1.5 per cent. On Tuesday, September 27, both LME aluminium cash bid price and LME aluminium official settlement price slipped by US$19.5 per tonne or 0.91 per cent to settle at US$2,105.50 per tonne and US$2,106 per tonne. 3-month bid price and 3-month offer price went down by US$17 per tonne or 0.79 per cent and US$15.5 per tonne or 0.72 per cent to record at US$2,128 per tonne and US$2,130 per tonne. December 23 bid price and December 23 offer price shrunk by US$13 per tonne or 0.57 per cent to rest at US$2,230 per tonne or 2,235 per tonne. LME aluminium opening stock came in at 337425 tonnes. Live warrants and Cancelled warrants halted at 273250 tonnes and 64175 tonnes. On...
In today's world of more work and less time, mobile applications dominate the market and have revolutionised access to internet services. Whether for business transactions, news reading, or online shopping, the app-centric approach has given a new consumption pattern while rendering a competitive edge to the market. In this scenario, AlCircleBiz has also decided to expand its presence from the web to the app, aiming at bringing the world's first global aluminium marketplace to your fingertips. So, with unparalleled delight, the team announces the launch of the app, which will enable you to steer your business even on the go as a user. The app contains impressive features that not only connect businesses faster but allow users to build a direct and personalised market channel and get...
Jangsu Rongtai Industrial Co., Ltd., a high-tech company that specializes in aluminium die casting joined Aluminium Stewardship Initiative as its new Industrial User member. Founded in June 2000, the company produces die-casting parts for engine, transmission, and steering systems in automobiles are the company's main offerings. With 1,700 workers as of the end of 2018, the firm, which has its headquarters in Yangzhou, China, also has a number of production and storage facilities, R&D facilities, and sales and service offices across Asia, America, and Europe. The company offers cutting-edge die casting, machining, and inspection equipment from Germany, Japan, Italy, the United States, and other nations. “Through continuous efforts Rongtai Industrial is aligned with environmental...
Stena Line, the largest freight route network connecting all the major ports and trade ways of Northern Europe, has bagged the winning bid to take over the 213-acre Eco Parks' former Anglesey Aluminium site in Holyhead, North Wales. Stena Line, for the past 27 years, has held and operated the Holyhead port. The organisation seemed confident that this move would be beneficial for the company's operations in the area and beyond. This new site will provide supplementary land and services to the already registered customers. The executive director of Stena Line, Ian Hampton, quoted: "This purchase is a significant investment for us and forms an important part of our long-term strategy for the future of Holyhead Port." "Our plans for the site have the potential to be a significant boost for...
With the opening of a printed can factory in 2022, American Canning will bring technologically cutting-edge, internationally renowned Aluminium Toyo Ultimate Can (aTULC) manufacture to Austin, Texas. David Racino, the Co-Founder and CEO of American Canning, along with COO and Co-Founder Mike Daniel, had come together in 2020 to address the lack of can packaging accessibility for the craft beer industry. Toyo Seikan was simultaneously looking to enter the American craft beverage sector with their newly created small manufacturing line. The aTULC line was created by Toyo Seikan (Japan) in order to balance the environmental impact of the manufacturing process with the limitless recyclability of an aluminium can. This was done in keeping with American Canning's vision of finding inventive and...
According to the Shanghai Metals Market, social inventories of primary aluminium across China’s eight major consumption areas, including SHFE warrants, decreased by 14,000 tonnes over the weekend to a total 652,000 tonnes. On a week-on-week basis, the inventories plunged by 33,000 tonnes on Monday, September 26, to come at a year-to-date low. As per the SMM data, Wuxi, Nanhai, and Gongyi contributed 90 per cent to the new low this year. The weekly shipments out of warehouses in Wuxi added 14,000 tonnes last week, while arrivals from Xinjiang declined, allowing local inventories to drop sharply. The chart below indicates the current status of primary aluminium inventories across China in more details: In Wuxi, primary aluminium inventories declined by 8,000 tonnes over the weekend and...
On 26 th September 2022, the Managing Director of the Gujarat-India headquartered Goldi Solar, Ishver Dholakiya, said that India’s leading quality solar PV module manufacturer is planning to invest around $600 million (INR 5,000 crore) by 2025 to proliferate its module manufacturing capacity to 6 gigawatts. Dholakiya added, "At present, the total module manufacturing capacity of its plants in Pipodara and Navsari, Gujarat is 2.5 gigawatts (GW)." During the launch of HELOC Plus (high-efficiency low on carbon) module series with Heterojunction technology, the MD said, “We have plans to infuse over $600 million (INR 5,000 crore) as part of expansion plans to increase module manufacturing from 2.5 GW to 6 GW." “The expansion of the renewable energy business will be channelled into auxiliary...
The aluminium alloy plant that Mishra Dhatu Nigam Limited (MIDHANI) was expected to co-build with NALCO’s expertise on a 110-acre land at Bodduvaripalem, quite close to Nellore city, has not yet seen any progress. Though all the persistent legal issues related to the land acquisition have been taken care of, and the defence organisation has declared an INR 2,500 – INR 3,000 crore investment, the project has not gained any noticeable pace at all. Mishra Dhatu Nigam Limited (MIDHANI) can be deemed as a central government enterprise located in Hyderabad that has been creating alloys since it was established in 1976. The company also holds a primary place in the indigenisation of critical technologies and products to assist different programmes of national importance. The Greenfield project...
Aluminium Bahrain (Alba), the world's largest aluminium smelter ex-China, inaugurated its first concrete pour for the foundation of the Power Station 5 (PS5) Block 4 Project, kicking off the early work at the project's construction. The project is a part of Alba's ambitious decarbonisation initiative. It includes a combined cycle power plant with a hydrogen-ready J-series gas turbine technology which, upon completion in Q4 2024, will reduce Alba's overall GHG emissions. The inauguration was carried out by Shaikh Daij Bin Salman Bin Daij Al Khalifa, the Chairman of the Board of Directors of Alba. He was joined by Shaikh Isa bin Khalid bin Abdullah Al Khalifa, Ali Al Baqali, Amin Sultan, the Company Executives and Management Members, and officials from Mitsubishi Power & SEPCOIII...
Vedanta Limited reduced its aluminium ingot and aluminium products prices, with effect from Saturday, September 24, following a rise of INR 2,500 per tonne on the previous day. Vedanta’s aluminium wire rod price saw a cut of INR 3,250 per tonne on September 24 to stand at INR 210,250- 217,750 per tonne versus INR 213,500- 221,000 per tonne on September 23. Vedanta’s aluminium billet price came in at INR 211,750 per tonne as of September 24, also down by INR 3,250 per tonne from INR 215,000 per tonne on September 23. With the latest price cut, Vedanta’s aluminium ingot price ranged between INR 202,750-232,250 per tonne, compared to INR 206,000- 235,500 per tonne. Vedanta links its aluminium prices to the three-month futures of aluminium on the London Metal Exchange, which shrank on...
China customs data found the country’s prebaked anode exports stood at 141,600 tonnes in August 2022, which reflected a downfall of 31.43 per cent month-on-month and an increase of 6.99 per cent year-on-year. Custom statistics showed the export price per unit of prebaked anode was $1,334.50 per tonne, up by 1.29 per cent month-on-month. The aggregated exports of prebaked anode from January to August of 2022 amounted to 1,365,400 tonnes, compared to 244,800 tonnes during the same period last year. The monthly downfall in China’s prebaked anode exports was primarily contributed by Malaysia, Norway, and the Russian Federation, as the exports to those countries declined significantly. To Malaysia, China’s prebaked anode exports fell by over 25,000 tonnes in August, and that to Norway...
The world's largest premium aluminium producer, Emirates Global Aluminium (EGA), has joined the UAE hydrogen leadership initiative program by signing an agreement with the Ministry of Energy and Infrastructure. Launched last year during Cop26 in Glasgow, the initiative seeks to achieve the country's ambition to be a global leader in low-carbon hydrogen as global demand for clean fuel surges. On 26th September 2022, the Company said, "As a member, EGA will explore collaboration opportunities across industries and conduct further research and development into the future uses of hydrogen in decarbonization." Moreover, hydrogen will be explored in the processes of aluminium production and its local supply chain from a technical and economic perspective. Abdulnasser bin Kalban, the CEO of EGA,...
LME aluminium opened at US$2,169 per tonne on Monday and closed at US$2,134 per tonne down US$33 per tonne or 1.52 per cent. LME aluminium cash bid price has slumped by US$27 per tonne or 1.25 per cent to settle at US$2,125 per tonne, and LME aluminium official settlement price has dipped by US$27.50 per tonne or 1.28 per cent to rest at US$2,125.50 per tonne to begin the week on Monday, September 26. 3-month bid price has dropped by 1.2 per cent or US$26 per tonne to stand at US$2,145 per tonne, while the 3-month offer price has witnessed a US$26.50 per tonne or 1.2 per cent loss, closing at US$2,145.50 per tonne. December 23 bid price and December 23 offer price both dived down by 1.27 per cent or US$29 per tonne, stopping at US$2,243 per tonne and US$2,248 per tonne, respectively. LME...
The Aluminium Stewardship Initiative has certified Magna PT S.p.A. against the Performance Standard Certification with a focus on Material Stewardship for the production of automotive transmissions at the Modugno plant, Italy. The activities at the plant are the production of automotive transmissions in manual, automatic and hybrid variations. It is the third subsidiary of the Magna Group to achieve ASI certification. The other subsidiaries that bagged the ASI certification earlier were Magna PT B.V. & Co. KG and Magna BDW Technologies GmbH in Germany. ASI Performance Standard certification focussing on ‘material stewardship’ address product design, life cycle assessments, management of process scrap and collection and recycling products at end-of-life. As per the report, Magna PT S.p.A....
Contemporary design team we+ debuted their aluminium work, "Resonance: Vortex to Diversity," during Milan Design Week 2022. The piece has a large vortex-shaped volume covered in a single metallic pigment that simultaneously reveals several hues. Through a partnership with Toyo Aluminium, the surface of the large-scale artwork is highlighted in erratic, unexpected displays. "Resonance: Vortex to Diversity" was jointly developed by we+ and Toyo Aluminium for Milan Design Week, the most fantastic design event in the world. The work of art made of aluminium won the Special mention Fuorisalone Award 2022 and was displayed at Superstudio Più in Milan's Tortona neighbourhood. Coated purely in Chromashine, an interference aluminium pigment created by the Japanese company Toyo Aluminium, the...
The Wisconsin Aluminum Foundry (WAF) in Manitowoc was praised by the Department of Workforce Development (DWD) for its accomplishments with the Fast Forward Grant. Wisconsin Aluminum Foundry's worker recruiting and retention programme, supported by a Wisconsin Fast Forward grant from the Department of Workforce Development (DWD), helped the business significantly lower turnover and raise its on-time delivery rate. “With the support of the Fast Forward grant, we have meaningfully improved our employee onboarding experience. In our new training center, employees learn the skills they need in a welcoming and safe environment. Improved employee retention has had a direct impact on the success of our business and our customers,” stated WAF Chief Executive Officer (CEO) Sachin Shivaram. DWD...
Effective immediately, Ryan Millar will take over as CEO of large-format wire arc additive manufacturing company AML3D. Andy Sales will remain director of technology development as CTO. AML3D, which sells AM machines, equipment, and software and offers a bureau service, announced the appointment on the 26 th of September 2022, saying it aligned with its next growth phase. In addition, Sales will provide technical and engineering support to the sales and marketing teams and company partners as a "significant shareholder" and executive director. AML3D said, "Previously, Millar served as CEO of Environmental Earth Sciences International (EESI) with 18 years of executive leadership experience." Sales stated, “Bringing Ryan in as the new CEO also allows me to focus my strengths and efforts on...
