Hindalco Industries is moving to structured digital tenders for spot sales of metallurgical-grade alumina in a bid to improve transparency, broaden market participation and strengthen price discovery in the global alumina market. The company is partnering with Metalshub for the initiative through its subsidiary Utkal Alumina International. The move comes as the alumina market continues to lack the transparent, transaction-based pricing mechanism available for aluminium. Hindalco said only around 10 per cent of the 55–60 million tonnes of alumina traded globally each year in the third-party market is sold through spot transactions, even though those sales can influence benchmark prices for a much larger volume of long-term contracts. Hindalco moves alumina spot sales to digital bidding...
Four days to go, and the aluminium world is getting ready to move to Düsseldorf. From October 6-8, the city will host ALUMINIUM 2026 , with more than 800 exhibitors and partners and over 21,000 trade visitors expected at Messe Düsseldorf. The event will bring together producers, recyclers, downstream manufacturers, technology providers, equipment suppliers, policymakers and end users from across the global aluminium value chain. The 2026 edition comes at an important point for the aluminium industry. European producers are facing pressure from energy costs, international competition and tighter climate requirements, while concerns around raw material security and resilient supply chains continue to grow. At the same time, demand for aluminium is expanding across electric mobility,...
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Roberts Metal Packaging, one of Europe’s leading providers of pre-threaded screw-caps, godets and aluminium and tinplate containers, has added two new collections to its most popular Softline Extreme aluminium jar range. The new range, dubbed Softline Extreme Deep, is available in sizes ranging from 75ml to 250ml, including a new 170ml variant. These sizes are ideal for packing health and beauty goods, including hair care and body butter. The threaded lid and flat, angular bottom of the pack are now available in deep and shallow ranges. The product is also available in sizes ranging from 25ml to 120ml, with a new 100ml pack currently available. “Our Softline Extreme range was originally launched over a decade ago and has proved incredibly popular with customers who have utilised this...
According to Reza Kholghy, a professor of aerospace and mechanical engineering and lead researcher in Carleton University's Energy and Particle Technology Laboratory, using metals, particularly aluminium, as a fuel source for energy storage and release could significantly decrease gas emissions and other pollutants associated with burning fossil fuels. Each year, the amount of carbon dioxide (CO2) released into the atmosphere exceeds what the Earth's natural processes can eliminate. CO2 emissions, which come from burning fossil fuels for energy, significantly contribute to global warming. Mines, mills, power plants, and factories are the main sources of these emissions, with the industrial sector being Canada's largest producer of greenhouse gases. Kholghy specifically mentioned: "Metals,...
On May 10, Aluminium Stewardship Initiative (ASI) announced the joining of Asiaway Automotive Components Mexico (AWM) as the new Production and Transformation member. AWM specialises in die casting and machining aluminium components. AWM is a subsidiary of Asiaway Group (headquartered in China, Ningbo Asiaway Automotive Components). “As a growing company, Asiaway realises the importance of the key environmental and social impacts of our work and aims to improve its supply chain to the highest standard possible, particularly all aluminium related,” said Manuel Madrigal, GM at AWM. Ningbo Haiwei Auto Parts Co., Ltd. was founded in April 2010. The firm is dedicated to auto part research, development, and manufacturing and also assists clients in realising the lightweight of parts via...
LME aluminium opened at US$2,321 per tonne on Wednesday, with its high and low at US$2,325 per tonne and US$2,266 per tonne respectively before closing at US$2,269.5 per tonne, a drop of US$45.5 per tonne or 1.97 per cent. The rate of inflation in the US has decreased, and there are indications that interest rates and the debt ceiling are improving, which has boosted the price of aluminium. Despite this, there are still uncertainties in the market, and it will take favourable policies to fully recover domestic demand. On May 10, Wednesday, the LME aluminium cash bid price halted at US$2,275.50 per tonne, with a fall of US$44.50 per tonne or 1.92 per cent and the LME aluminium official settlement price stopped at US$2,276 per tonne, with a slump of US$45 per tonne or 1.94 per cent. The...
On Thursday, May 11, China’s A00 aluminium ingot price has decreased by RMB 70 per tonne to halt at RMB 18,320 per tonne. A W-o-W calculation recorded a slump of RMB 190 per tonne from RMB 18,510 per tonne. Today, the average prices are expected to stand between RMB 18,300 per tonne and RMB 18,340 per tonne, with the spot contract price expected to be traded at a discount price of RMB 20 to a premium price of RMB 20 per tonne. The A00 aluminium ingot price has fallen in all the provinces owing to weaker demand in China and global economic headwinds. However, the price in Hangzhou has recorded a sudden growth of RMB 20 per tonne to score at RMB 18,420 per tonne. The prices in Chongqing and Wuxi have slipped by RMB 80 per tonne to stand at RMB 18,390 per tonne and 18,300 per tonne. On the...
On Thursday, May 4, China’s aluminium billet social inventory closed at 157,700 tonnes, up by 15,600 tonnes from the previous week. The increase was primarily attributable to arrivals over the Labour Day vacation and inadequate pre-holiday stockpiling. Smelters have been selling an increasing proportion of their molten aluminium to neighbouring billet factories since demand has been unable to keep up with supply growth. In addition, demand fell in late April. As a result, falling aluminium billet inventories will be tough. The figure below provides further information on the current state of aluminium billet inventories in China: The inventories had shown growth in all the provinces. In Foshan and Huzhou, the inventories had surged by 6,900 tonnes and 3,000 tonnes to reside at 95,600...
The Equipment and Manufacturing West Africa Expo is a unique platform bringing together influential decision-makers, innovators, and suppliers from the region and beyond. The event allows attendees to network with 4000 industry peers and find the ideal products and solutions from local and international exhibitors. In its third edition, the exhibition, which has solidified its position as Nigeria's premier international manufacturing and industrial event, will bring together significant decision-makers, innovators, and suppliers from the locality and beyond for three days of business and networking opportunities. Trade shows are crucial for gaining access to this market and developing networking opportunities because the Nigerian market has enormous potential and offers enormous...
GreenPower, an American commercial EV maker, has unveiled its new all-electric stake bed truck, the EV Star Utility. The automobile has been assembled on the company's EV Star cab and features an aluminium chassis designed for ultimate endurance. According to Green Power, the EV Star Utility is designed to maximize its payload capacity by utilizing lightweight aluminium materials and electric vehicle technology without sacrificing its structural integrity. This compact truck can carry up to 5,740 pounds and has a gross vehicle weight rating (GVWR) of over 14,300 pounds. It can travel up to 150 miles on a single charge and features an anti-skid, watertight, and washable interior with inverted aluminium "T" flooring. GreenPower introduced the EV Star platform in 2020. Since then, it has...
Italian luxury brand Bulgari has recently augmented its 1900-inspired Aluminium series with the launch of three new exciting watch variants for summer. Bulgari introduces the Aluminium Chronograph range, now available in a stylish all-black design, featuring a new movement, Caliber B381. The classic black-and-white chrono, part of the aluminium and rubber comeback trio, has also been upgraded with the latest mechanical self-winding movement B381. Both models now come with a slightly larger 41mm case, up from 40mm. The limited edition Capri watches are perfect for sporty coastal summers or as a memento of the relaxing Mediterranean lifestyle. The watch features an engraving of Capri's Faraglioni on the case back. The blue Capri edition comes in both chronograph and time-only versions,...
Coldbrew Tea brand, Kaytea is about to launch a new flavour in aluminium cans. The company is making this shift from glass packaging to aluminium cans to keep up with global sustainability trends. The new White Peach flavour will arrive at outlets along with the brand’s Sparkling Rosay being repacked in 330ml slimline aluminium cans. Kaytea has been registered as a certified beverage provider for Sainsbury’s, Deliveroo, M&S, Zapp and Spinneys. Aluminium is 100% recyclable and can be processed infinite times to produce a raw material with the original properties intact. Aluminium can be vital in creating a closed material loop for raw material-intensive companies. The new aluminium packaging will be available by June, and this shows the brand’s commitment to sustainability. Kaytea founder,...
Affin Hwang Capital, the Malaysian-based investment banking group, had reduced its aluminium price per megatonne projections for 2023 to 2025, citing worries about global growth deceleration and a slight oversupply in the aluminium market. The pricing assumptions suggested that aluminium prices may fall below US$1,800 per tonne in the fourth quarter of 2023 (4Q23), following in the footsteps of aluminium prices that have fallen during economic downturns. "We now expect 2023 to 2025 aluminium prices to average at US$2,220, US$2,300, and US$2,400 per megatonne (mt) respectively from US$2,550 per mt previously. We also lower our carbon anode price assumptions as prices have eased since the peak back in June 2022 from lower oil prices," said Affin Hwang Capital. "We expect carbon anode prices...
The planned renewable energy-sourced aluminium smelter of PT Adaro Minerals Indonesia Tbk (ADMR) in Green Industrial Park Indonesia, North Kalimantan, is anticipated to be functional in Q2 2025 with a total investment of US$2 billion. Totok Azhariyanto, the Director at Adaro Minerals, said, " Currently, ADMR has explored cooperation with local players to supply 50 per cent of the alumina needs for the smelter while the rest will still rely on imports." "The total investment value, including power plants, reaches US$ 2 billion. Meanwhile, the alumina supply agreement will be finalized around six months before the commercial operation date [COD]." The aluminium smelter is scheduled to open in the second quarter of 2025, with a capacity of 500,000 tonnes in the first phase. Christian Ariano...
In Russia & Eastern Europe, primary aluminium production during March 2023 stood at 343,000 tonnes, reflecting an increase of 10.65 per cent or 33,000 tonnes month-on-month from 310,000 tonnes. Russia & Eastern Europe witnessed a hike in March following M-o-M downfall of 9.88 per cent in the previous month from 344,000 tonnes, showed the International Aluminium Institute. However, on a year-on-year calculation, Russia & Eastern Europe’s primary aluminium production in March’23 edged a fall of 7,000 tonnes or 2 per cent from 350,000 tonnes. During the first quarter of 2023, ended March 31, primary aluminium production in Russia & Eastern Europe amounted to 997,000 tonnes, down by 2.25 per cent from 1.02 million tonnes in Q4 2022 ended December 31. On an annual basis, Russia & Eastern...
Designed by British furniture designer Mark Gabbertas of Chorus, the Mira laptop or side table uses a unique aluminium sheet layering method to achieve its product's ultra-thin visible profile structure. A specially designed double aluminium sheet layering technology, which reduces weight to a minimum, achieves the two crucial goals of an ultra-thin visible profile and a robust structure. Creativity has no limits, and when it comes to aluminium, it can be shaped or bent into different, giving architects the freedom to express their creativity. Also, due to its unique attributes, like being lightweight, recyclable, and sustainable, the metal has been used in multiple sectors. This innovative engineering produces a shape without apparent fixings or hints of the building procedures. With...
As per the Hong Leong Investment Bank (HLIB) Research, it has been forecasted that Press Metal might have a 26% increase in quarter-on-quarter primary earnings in 2023. The research also notifies that aluminium might have a bright future in mid or long-term conditions after it overcomes power cost, recession and the inflicted depression on the international real estate industry. Press Metal , the brainchild of the Koon Brothers, has successfully retained its shape in the gradually declining economy, and HLIB Research, in its last report, mentioned: “We see Press Metal Aluminium Holdings Bhd as an indirect beneficiary of the global decarbonisation movement and increasing environmental, social and governance policies across the world.” “However, the company may still register mediocre...
Metal cans, particularly aluminium cans used for beverage and aerosol packaging, are the most recycled packaging units worldwide. The packaging sector grew through 2022 as the demand for beverage cans and packaging foil increased. In 2023, the packaging, electrical and industrial sectors are expected to grow moderately. Ambev, the Brazilian brewing company, launched Brahma draft beer in a 350 ml aluminium can at the Web Summit technological conference held at Rio de Janeiro (RJ). The innovation is now being tested in the city where the event occurred and is only accessible on the Zé Delivery beverages app.Ambev has experienced exponential development in the sale of draft beer in recent years and has heard from customers about their desire to enjoy the drink experience at home in an easy...
According to a report on Tuesday, May 9, Hydro Rein has signed a contract with GreenGo Energy to purchase and develop two early-phase solar projects in Southern Sweden. The projects are in area SE4, with an estimated combined peak capacity of 118 MW. The land lease agreements have already been signed, and the construction is expected to begin in 2027. As per the agreement, GreenGo Energy will develop the projects, while Hydro Rein will lead contractual setup and other services like structuring, route to market, construction and operations. Hydro will get 100 per cent ownership of the projects upon the completion of the acquisition. The solar projects are estimated to generate 143 GWh of power. Site assessments of the projects are currently under process, and interconnection requests to...
Alcoa Corporation, the world's eighth largest aluminium producer, has appointed seasoned resource executive Matt Reed as Vice President Operations – Australia and President Alcoa Australia effective 6 th June 2023. Matt will be based in Perth and will be a key member of Alcoa's worldwide Operations Leadership Team, overseeing the experienced teams who run the company's bauxite mining and rehabilitation, alumina refining, and aluminium smelting operations in Western Australia and Victoria. Matt has over 25 years of expertise in the Australian and international mining sectors. He was most recently the Operations Executive of OZ Minerals, overseeing running assets and brownfield projects in Australia and Brazil. Bill Oplinger, Alcoa's Executive Vice President and Chief Operations Officer,...
