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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Amidst the geopolitical and the Energy crisis in Europe, Russia has cancelled the start of its gas supply at the Nord Stream 1 after apparently citing an oil leak in the turbine. This will thrust the entire energy-based economy into a completely dark zone, and disputes have already started taking place between big companies like Gazprom and Siemens Energy, with Europe under the fear of an industrial breakdown. LME benchmark aluminium price began the week of September 5 with an US$18.50 per tonne slump resting at US$2,290.50 per tonne and had downward luck all week with prices gradually declining. On September 9, there was, however, a sudden US$24 per tonne boost, with the official aluminium price docking at US$2,280 per tonne, experiencing a 0.46 per cent drop overall this week. SHFE...
The European Aluminium Foil Association said that while exports continued to fall at -15%, European aluminium foil deliveries for containers and technical applications stabilised in H1 2022. (EAFA). According to EAFA statistics, the continent's overall demand for aluminium foil increased in the first half of 2022 by 0.7% to 494,000 tonnes from 490,300 tonnes in H1 2021. In the West Midlands, the industrial hub of the UK, one of the top aluminium facilities, Alucast, stepped in to reap the benefits of "servitisation," a practice wherein a business can directly include consumers in its revenue collection by providing them with some fee-based service. MetLase, an engineering company in Yorkshire, collaborated with the Advanced Manufacturing Research Centre (AMRC) to significantly reduce the...
The end-user segment has witnessed various innovations this week with Ariel Motor Company (AMC) revealing the design of their HIPERCAR (High-Performance Carbon Reduction) in a fully operational mode that is similar to a Batmobile. The company will roll out limited numbers of cars featuring a lightweight aluminium chassis. Apple Inc. has announced the launch of its Apple watch Pro which will be available in only aluminium and stainless steel versions. Smith & Wesson Brands, Inc., an American gun company has rolled out fully aluminium-bodied M&P9 M2.0 Metal pistols. Airphone has introduced user-friendly, affordable and portable TW-SE and TW-SA aluminium one-piece emergency towers that can be installed on campuses or parking lots for augmented security. Ariel Motor Company (AMC) unleashed...
The Wrexham-based Hydro aluminium recycling factory achieved another security milestone. The business had gone five years without an accident as of this week. This year, Norsk Hydro added £2.4 million to their Wrexham investment to boost production capacity to 70,000 tonnes. Apart from this, on Thursday, September 1, Hydro marked the groundbreaking ceremony for Hydro's future aluminium recycling facility in Szekesfehervar, Hungary. This new facility will improve Hydro's commitment to a greener future and strengthen its position as a worldwide leader in a sector where demand for more environmentally friendly aluminium is rising. Recycling aluminium is one of the main elements for a greener and emission-free environment. Focusing on this, Alupro, the organisation for recycling aluminium...
The LME aluminium benchmark price has slumped this the week by US$34.50 per tonne. On Monday, September 5, LME aluminium cash bid price and LME aluminium official settlement price decreased by US$18 per tonne and US$18.50 per tonne to stand at US$2,290 per tonne and US$2,290.50 per tonne, respectively. The next day, the prices lost US$32 per tonne and US$30.50 per tonne, arriving at US$2,258 per tonne and US$2,260 per tonne. On Wednesday, September 7, LME aluminium cash bid price reached US$ 2,230 per tonne, seeing a fall of US$28 per tonne, while LME aluminium office settlement price parked at US$2,230.50 per tonne, rolling down by US$29.50 per tonne. The prices continued to decline further on September 8 to rest at US$2,255.50 per tonne and US$2,256 per tonne, respectively. However, on...
Novelis Inc., an American industrial aluminium company, has reportedly announced the launch date and venue of its new laminated aluminium surfaces for beverage can ends. As per the report, the product will be showcased on September 27-29 at ALUMINIUM 2022 in Düsseldorf. Laminated with black film, the can ends are particularly popular in premium and innovative beverage products. They are expected to advance the aluminium beverage packaging industry, improving container appearance, increasing process efficiency, and reducing carbon emissions for European beverage can makers. The laminating film is free of Bisphenol A (BPA) and per- and poly-fluoroalkyl substances (PFAS) and meets all food and beverage industry requirements. At Novelis’ Göttingen site in Germany, which specializes in rolled...
The new Hennessey Venom F5 Roadster is inspired by the Texas-based company’s sold-out collection Venom F5 Coupe that was released last year. The latest model weighs below 3,100 pounds because of its experimentation with lightweight aluminium alloy wheels. Mid-mounted on a carbon-fibre chassis, the twin-turbocharged 6.6-litre V8 engine yields an output of 1,817 bhp reaching a top speed of 300 mph on paper. Hennessey’s Venom F5 Roadster has been designed to outdo the company’s own Venom GT Spyder which has the ‘World’s fastest convertible’ record to its name. Its maximum reported speed has been 265.6 mph. The F5 Roadster features a re-engineered roof with removable panels forged from tough carbon fibre material, while the roof is totally lined and insulated with Alcantara upholstery. The...
On Thursday, September 8, China's aluminium billet inventories plunged by 2,100 tonnes W-o-W across four major consumption areas. All other regions showed a reduction in their inventories, except Foshan, which had a build-up. Due to rising aluminium prices, downstream purchasers stocked at reduced prices, which aided in the destocking process and Yunnan's power difficulties and the impending holiday. The figure below provides further information on the current state of aluminium billet inventories in China: The inventory in Foshan has hiked by 3,000 tonnes to close at 78,200 tonnes from 75,200 tonnes recorded last week. The inventory in Foshan increased due to significant arrivals and a minimal improvement in downstream demand. As a result, the inventory in Wuxi dropped by 2,700 tonnes to...
After two weeks of price hike on August 26, National Aluminium Company Limited’s (NALCO) both aluminium ingot and aluminium products prices have seen a sharp cut, with effect from Friday, September 9. NALCO has axed its aluminium ingot price by INR 15,900 per tonne or 7 per cent to INR 210,150- 213,650 per tonne. NALCO's aluminium wire rod price has also been chopped by INR 15,900 per tonne from INR 229,550-233,900 per tonne on August 26 to INR 213,650- 218,000 per tonne. Seeing a cut of the same amount, NALCO’s aluminium billets price is ranging between INR 214,600- 217,250 per tonne versus INR 230,500-233,150 per tonne two weeks ago. NALCO has sharply cut its aluminium ingot and aluminium products prices in response to the downtrend of the LME aluminium benchmark price. Between August...
The Sri Lankan exporter of quality aluminium extrusion products to the global market, Swisstek Aluminium Ltd, launched a website ( www.metals.lk ) that will make selling scrap in Sri Lanka easier. The website has been created for the Ministry of Industries and Industrial Development Board (IDB), making it easier for firms islandwide to acquire and sell scrap metal, including aluminium, brass, and copper. Exporting scrap metal has been forbidden since the implementation of import limits in 2020, and the Industrial Development Board is the only entity with authority to oversee the sale of scrap metal. Local producers faced difficulties as a result of the time-consuming and resource-wasting nature of the process of selling waste metal. As a result, this website will help business owners use...
On Thursday, September 8, Alcoa Corporation announced it received certification from the Aluminium Stewardship Initiative (ASI) for its remaining Poços de Caldas operation in Brazil. Now, all of Alcoa’s Brazil operations are ASI-certified, bringing the total number of the company’s ASI Performance Standard certifications to 17. Alcoa’s Poços de Caldas site is the company’s first site in Brazil, founded in 1965, comprised of a bauxite mine, alumina refinery, and aluminium casthouse. All of them passed the required criteria to earn the ASI Performance Standard certification. Poços de Caldas is also Alcoa’s sole producer of aluminium power. “This certification marks an important milestone in our efforts to ensure that all of our Brazilian operations adhere to the highest sustainability...
On 8th September 2022, India's significant rating agency, ICRA, stated that the country's primary aluminium producers operating margins are likely to contract by 400-500 basis points (BPS) consecutively in the second quarter of 2022-23 on the aspect of high production cost. ICRA Limited (formerly Investment Information and Credit Rating Agency of India Limited) was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency. ICRA said, "Owing to a twin onslaught of correction in aluminium prices and elevated input costs, the estimated operating profitability of ICRA's sample set of domestic players is likely to contract sequentially by almost 400-500 bps in...
An Bord Pleanála, an independent, statutory, quasi-judicial body in the Republic of Ireland, has granted permission to the Russian-owned Aughinish Alumina Limited to enlarge its bauxite residue disposal area (BRDA) on the Shannon Estuary to continue to operate until 2039. The permission followed a formal application by the refinery last year, notwithstanding several oppositions from local farmers and environment groups like Environmental Trust Ireland and Futureproof Clare. The BRDA, also known as red mud pond, currently has a capacity for bauxite reside until 2030 at the refinery site in West Limerick. The new expansion plan will extend the lifetime of the BRDA until 2039, enabling the residue deposition of 1 million m3 per annum and even 8 million m3 as projected for the future. The...
Glencore, with mirth, declared that it has stepped into a ten-year-long alumina supply and aluminium offtake arrangement with the Malaysian green aluminium producer, Press Metal Bintulu Sdn. Bhd. In accordance with the Paris Agreement of 2016, Glencore wishes to achieve net zero emissions by 2050. Press Metal Bintulu is an 80 per cent subsidiary of Press Metal Aluminium Holdings Berhad, listed on the main market of Bursa Malaysia Securities Berhad. Founded in 1986 by the Koon brothers, Press Metal has its headquarters in Kaula Lampur and is the largest integrated aluminium producer in the Southeast Asian region. The smelters of the organisation, located in Sarawak, Malaysia, are mainly powered by hydro-based electricity. The facilities can produce low carbon content aluminium with 4...
One of the biggest aluminium distributors in the Midwest, Howard Precision Metals, Inc., has been acquired by Ryerson Holding Corporation, a leading value-added processor and distributor of industrial metals. Howard, based in Milwaukee, Wisconsin, specialises in value-added processing services, such as the distribution of saw-cut extruded aluminium bars and high-quality, precision-cut aluminium plates. "Building on our legacy of over 90 years in the industry, Howard is excited for this opportunity to grow our brand and business with a company that shares our values and commitment to customers. We look forward to continuing to provide excellent service to our customers as a member of the Ryerson Family of Companies,” said Mark Howard, President of Howard. Ryerson is a well-known...
LME aluminium opened at US$2,284 per tonne on Thursday and closed at US$2,277 per tonne. LME aluminium cash bid price and LME aluminium official settlement price both witnessed an US$25.50 per tonne or 1.14 per cent hike to rest at US$2,255.50 per tonne and US$2,256 per tonne on Thursday, September 8. 3-month bid price ascended by 1.34 per cent or US$30 per tonne to stand at US$2,267 per tonne, while the 3-month offer price witnessed a similar spike closing at US$2,268 per tonne. December 23 bid price and December 23 offer price gained 1.51 per cent or US$35 per tonne stopping at US$2,347 per tonne and US$2,352 per tonne, respectively. LME aluminium opening stock continued to decline by 0.15 per cent or 475 tonnes, from 309,500 tonnes to 309,025 tonnes as of September 8. Live warrants...
Airphone has rolled out user-friendly TW-SE and TW-SA aluminium one-piece emergency towers that are affordable, portable and easy to install due to their lightweight properties. These sleek aluminium towers feature a peer-to-peer design mountable on any existing construction. Emergency towers are very crucial for public compounds and community areas. Proper placement of emergency towers and wall boxes can detect crime in areas that seldom have police recce. Plus, a visual indicator makes it easier to determine the key crime location. Areas such as parking zones, campuses, malls, cinema halls etc., are appropriate places to install an emergency tower that can record data for an entire day and can be easily located as the beacon is always lit. The TW-SE aluminium tower has a huge...
On Thursday, September 8, Aluminium Stewardship Initiative announced the appointment of Andrew Wood as Director of Sustainable Investment and Legal, who will begin his tenure on October 3, 2022. As internal legal counsel for ASI and as a co-company secretary with the CEO, Andrew will be in charge of advancing ASI's engagement with the sustainable finance and investment sector. He will also acquire and analyse market data and help ASI in its mission to change the world's aluminium supply chains to reduce ESG risks. Furthermore, Andrew will support ASI's Beyond Certification strategy pillar. At Alumina Limited, where he spent 14 years getting expertise in the aluminium business, Andrew served as Group Executive Strategy and Business Development. This came after almost 20 years of experience...
