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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Diversified miner South32 announced on Tuesday, September 22, that Chief Operating Officer (COO) Mike Fraser, responsible for the operations in Colombia and Africa, will depart from the business. Along with Jason Economidis, who will continue to serve as COO and be responsible for operations in Australia, Noel Pillay, currently serving as Worsley Alumina's vice president of operations, will be named as the new COO. He was appointed the COO in 2021 with the responsibility of handling operations in Colombia and Africa. Noel Pillay was named the Vice President of Operations at Worsley Alumina in 2018, where he was responsible for the operation's cost, production, and safety performance. Mr Pillay began his career with BHP in 1994 as a maintenance engineer at Hillside Aluminium. He has held...
According to China customs data, the country’s aluminium extrusion (HS code 76041010, 76041090, 76042100, 76042910, 76042990) export volume amounted to 81,800 tonnes in August 2022, registering a month-on-month fall of 11,500 tonnes or 12.4 per cent and a year-on-year drop of 3.42 per cent. Guangdong was the leading exporter of extrusion, accounting for 51.9 per cent of the total exports. Shandong contributed 17.1 per cent to the total exports, while Guangxi 6.2 per cent. The export destinations remained the same, with Philippines securing 5,116 tonnes of aluminium extrusion from China. That accounted for 6.26 per cent of China’s total exports, found customs data. Vietnam hauled 4,944 tonnes, accounting for 6.05 per cent, and Australia 3,839 tonnes, taking up 4.69 per cent. With the M-o-M...
National Aluminium Company Limited's (NALCO) aluminium ingot and aluminium products prices fell after being cut by INR 2,500 per tonne, with effect from September 17. NALCO’s aluminium ingot price is currently ranging between INR 210,750-214250 per tonne since September 17 versus INR 213,250- 216,750 per tonne on September 14. NALCO’s aluminium wire rod price came in at INR 214,250-218,600 per tonne on September 17, seeing a cut of INR 2,500 per tonne from INR 216,750- 221,100 per tonne. Aluminium billets price was reduced from 217,700- 220,350 per tonne to INR 215,200-217,850 per tonne. NALCO reduced its aluminium ingot and aluminium products prices in response to fall of the three-month futures of aluminium on the London Metals Exchange by US$50.50 per tonne during September 13-16 from...
Tomago Aluminium, the largest aluminium smelter in Australia and New South Wales' biggest energy consumer, will speed up its decarbonisation drive and work with renewable energy producers to boost Hunter's clean energy transition. Developing opportunities for renewable power generation and energy storage projects in the region and beyond will be one of the company's priorities by 2029. The initiative will also significantly boost the construction and development of the A$100 billion Hunter Renewable Energy Zone. For the purpose of supporting its net-zero ambition and decarbonisation strategy, the company will solicit expressions of interest in developing, investing in, or procuring long-term traceable renewable energy or firm power generation projects. David Fallu, the Chairman of Tomago...
The average alumina spot price in China has decreased for the sixth day in a row by RMB 12 per tonne to stand at RMB 2,881 per tonne on Monday, September 26. Over a week, the price has dwindled by RMB 40 per tonne from RMB 2,921 per tonne, found the Shanghai Metals Market. The decline in domestic price is seen across all the leading alumina producing areas to varying degrees, as the fall in demand has outpaced the drop in supply. In Guangxi, alumina spot price has slipped by RMB 20 per tonne to rest at RMB 2,850 per tonne, while the price in Shandong and Henan has shrunk by RMB 15 per tonne to hover around RMB 2,870 per tonne and RMB 2,940 per tonne. In Shangxi, alumina spot price has dipped by RMB 10 per tonne to settle at RMB 2,830 per tonne. Meanwhile, Australian alumina FOB price has...
LME aluminium opened at US$2,222 per tonne last Friday and closed at US$2,167 per tonne, down US$56 per tonne or 2.52 per cent. On Friday, September 23, both LME aluminium cash bid price and LME aluminium official settlement price dwindled by US$43 per tonne or 1.95 per cent and US$42.5 per tonne or 1.93 per cent to settle at US$2,152 per tonne and US$2,153 per tonne. 3-month bid price and 3-month offer price plunged by US$43.5 per tonne or 1.96 per cent to record at US$2,171 per tonne and US$2,172 per tonne. December 23 bid price and December 23 offer price dropped by US$41 per tonne or 1.77 per cent and 1.76 per cent to close at US$2,272 per tonne and US$2,277 per tonne. LME aluminium opening stock scored at 340350 tonnes. Live warrants and Cancelled warrants were recorded at 276300...
Hydro has incorporated a third aluminium extrusion press at its manufacturing facility in Rackwitz with Euro 11 million investment that will double the plant's extrusion capacity by 12,000 tonnes annually. Elkem, Hydro, and Altor-owned firm Vianode, the maker of sustainable engineered battery materials, has declared investing NOK 2 billion to enhance its first industrial-scale unit for producing sustainable battery materials in Herøya, Norway. Turkey’s largest producer of aluminium sheet and coil, Vig Metal has completed ten years in 2022 increasing production capacity to 40,000 with new investments concerning furnaces, casting and machining lines. Aludium has resumed its Alicante plant alongside its primary rolling mill after an unprecedented fire accident in April 3, 2021 which had left...
The chief executive of Rio Tinto, Jakob Stausholm, is concerned about the unshackled flow of Russian aluminium into the US, which is decreasing the competitiveness of North American producers. According to Stausholm, Russian aluminium imports remain exempt from US sanctions, whereas allies like Australia are still subject to Trump-era restrictions. Since taking the helm of Rio at the beginning of 2021, he has been extraordinarily outspoken about the aluminium industry. As the US trade data shows Russia was the third-largest aluminium exporter to the US in August, the warning from the head of one of the world's largest aluminium producers is timely. Even as worldwide buyers refused to purchase Russian metal due to Ukraine-Russia geopolitical crisis, Russian imports last month were up...
The Institute of Scrap Recycling Industries (ISRI) during their Convention & Exposition (ISRI2022) in late March found Greg Wittbecker, an advisor to London-based CRU International referring to the scarcity of primary aluminium worldwide and encouraging the growth of scrap recycle to fill in the demand cap. He also pointed out that there won’t be any hike in LME prices for an unforeseen amount of time due to these low carbon aluminium initiatives by major companies like Novelis and Alcoa Corp. Nivea is also shifting towards greener ways of producing their aerosol cans and aluminium packaging solutions to create a fully circular economy. With the focus on augmenting its refining capacity, Runaya Refining has placed an order for two additional SARAH hot dross processing units from Taha...
Big companies in the aluminium industry are changing how their businesses operated in the past and implementing waste management techniques due to the global shift toward sustainability. Hylux, a US-based manufacturer of health beverages, has introduced a new recyclable, resalable aluminium bottle for its unflavoured spring water. The Boston campus of North-eastern University will be the first purchaser of the bottles, which will initially be made accessible to select organisations for sale and distribution within their networks. The second ship, built at Asyad Drydock, was successfully developed, according to Asyad Group, an Oman-based provider of logistical solutions. The 24-metre-long MEFK Pearl boat will travel through the Fujairah port once operational. The first Emirati astronaut,...
On Thursday, September 22, SMM's stockpile of aluminium billets was 106,100 tonnes, down 8,800 tonnes from the previous week. Overall, the market mood remained relatively consistent this week despite slight fluctuations in aluminium prices and minor social inventory reduction due to pre-holiday restocking. In the penultimate trading week before the National Day break, when the downstream players are anticipated to continue the restocking activities, it is expected that the billet inventory will continue to decline a little. The figure below provides further information on the current state of aluminium billet inventories in China: The inventories in Wuxi, Changzhou and Nanchang grew by 300 tonnes, 500 tonnes and 200 tonnes, respectively. As of Thursday, the inventories for the same closed...
An amazing discovery was made earlier this year when Chris Coates, site manager at the Halton Mill received a phone call from one of his factory workers. It was reported that an unidentified aluminium car chassis has been uncovered in the corner of the scrapyard at the Wicks recycling yard in Cumbria, UK. What came forward with the unveiling suggested that Lancaster might have had a chance of becoming a car manufacturing area near the end of the World War II. The journey begins in November 1944, when Denis Kendall, the MP of Grantham announced the idea of a ‘People’s Car’ acquirable for just £100 and an additional £25 tax. This led to the foundation of a new company named Grantham Productions Limited, which he wished to base on the British Manufacturing and Research Company (BMARC) on...
This week, the global primary aluminium segment witnessed many important events. To begin with, on Wednesday, the LME aluminium benchmark price dropped to its lowest in 18 months since March 2021 as markets prepared for another significant increase in US interest rates that may stifle economic development. According to Ali Al-Baqali, the Chief Executive of Aluminium Bahrain, customers in Europe are cautious about placing orders for next year owing to recession-related fears, resulting in a fall in demand (Alba). Apart from this, on Tuesday, September 20, Rio Tinto announced that it will join the First Movers Coalition forum, a worldwide endeavour to aid in the commercialization of zero-carbon technology by channelling purchasing power and supply chains, together with more than 50 other...
Tom Giddings, the executive director of Alupro, made it to Letsrecycle.com '35 under 35' list for 2022. The list, which features leaders of the future and celebrates their extraordinary experiences within the waste and resources business, aims to highlight the sector's emerging stars. The judges honoured Tom for his innovative approach to bringing about good change for the recycling of aluminium packaging. Tom is dedicated to creating a sustainable, resource-efficient future for the UK's packaging supply chain. He is a great champion of the circular economy. “Being named in the Letsrecycle.com ’35 under 35’ list for 2022 is a real honour. While my role as executive director of Alupro sees me represent one of the most dynamic industries in the UK, being recognised by my peers as a true...
The LME aluminium benchmark price has slipped by US$79 per tonne this week from September 19 to 23. On Monday, both LME aluminium cash bid price and LME aluminium official settlement price began the week with a decline of US$26 per tonne and US$27 per tonne, respectively, to stand at US$2,231 per tonne and US$2,232 per tonne, respectively. On Tuesday, the prices rose by US$14 per tonne and US$13.50 per tonne to rest at US$2,245.50 per tonne but dropped to an 18-month low on Wednesday, September 21, by 2.4 per cent to US$2,189 per tonne and US$2,191 per tonne. On Thursday, the prices increased again by US$6 per tonne and US$4.50 per tonne to US$2,195 per tonne and US$2,195.50 per tonne but ended the week with a sharp fall to US$2,152 per tonne and US$2,153 per tonne, respectively. 3-month...
Hindalco Industries Limited increased its aluminium ingot and aluminium products prices on Friday, September 23, followed by a cut on the previous day. The company added INR 2,500 per tonne to its aluminium ingot price to sell the product at INR 203,750 per tonne versus INR 201,250 per tonne on September 22. Hindalco’s aluminium wire rod price also gained INR 2,500 per tonne on September 23 to come in at INR 214,850 per tonne. On September 22, the wire rod price stood at INR 212,350 per tonne, down by INR 3,000 per tonne from September 20. Hindalco’s aluminium billets price was no exception but also experienced a growth of INR 2,500 per tonne from INR 215,350 per tonne to INR 217,850 per tonne. Hindalco Industries links its aluminium ingot and aluminium products prices to the three-month...
The Sri Lankan exporter of quality aluminium extrusion products to the global market, Swisstek Aluminium Ltd, joined Aluminium Stewardship Initiative as the new Production and Transformation member. Incorporated in 2009, Swisstek Aluminium is a subsidiary of Lankatiles and Vallibel One. In addition to a broad selection of aluminium products, Swisstek Aluminum also provides specifically tailored solutions for each market segment, including industrial, architectural, and residential applications. Swisstek Aluminium creates various cutting-edge and environmentally friendly solutions to meet all needs in an effort to partner with architects, fabricators, project developers, and house owners. "Multi-dimensional initiatives taken by ASI to drive factors related with environment, social and...
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a decrease of 9,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, September 22, the inventories totalled 666,000 tonnes, which in comparison with the month’s third Monday, September 19, shrunk by 19,000 tonnes. As of now, the inventories in September dropped by 122,000 tonnes as recorded in the same period last year and by 11,000 tonnes than in August. Mainly, the inventory decreased in Wuxi, Nanhai and Hangzhou with arrivals from Wuxi and Gongyi being affected by prevailing pandemic restrictions and curtailed railway transportation in Xinjian. In fact the shipments of aluminium billet from Xinjian were also limited. The Nanhai inventory...
