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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Wildpack Beverages, a Canadian beverage manufacturing and packaging enterprise has released their unaudited Q2 2022 Financial Reports, ending June 30, indicating revenue growth of 10 per cent to US$8.91 million compared with the Q2 2021 earnings of $8.14 million. Wildpack's Board of Directors has appointed KPMG LLP as their independent auditor, effective August 29, 2022. Based in the Netherlands, KPMG LLP is a transnational network of professional firms providing tax, audit and advisory services. It is one of the Big Four accounting organizations globally. Wildpack provides sustainable aluminium can filling, packaging, brokering, decorating and sleeve or label printing services to brands all around the United States, along with looking after the logistics of its products. The company's...
China customs data revealed last week that the country’s prebaked anode export volume rebounded to the 200,000 tonnes level in July 2022, attaining 206,500 tonnes. This is the second time this year that China’s prebaked anode export has exceeded 200,000 tonnes, driven by strong demand from overseas aluminium smelters. On a month-on-month basis, the export volume in the said month edged 57.32 per cent higher, while 24.93 per cent more than a year ago. In June, China’s prebaked anode export volume stood the lowest this year at 131,000 tonnes. Yet the export price per unit elevated to a record number of US$1,316.67 per tonne. During January-July 2022, China’s total prebaked anode export volume achieved 1.22 million tonnes, reflecting a 255,500 tonnes increase over the year. Malaysia topped...
Social inventories of aluminium ingot across eight major Chinese consumption areas, including SHFE warrants, grew by 3,000 tonnes over the weekend to stand at 682,000 tonnes as of Monday, August 29, found the Shanghai Metals Market. But week-on-week, the inventories stood 1,000 tonnes lower than 683,000 tonnes on August 22. On Thursday, August 25, China’s primary aluminium inventories also lost 1,000 tonnes over a week to clock at 679,000 tonnes. The increase in inventories on Monday was contributed by low buying interest due to domestic price rally last week. However, going ahead, accumulation of inventories is likely to slow down as the production cut in Sichuan has affected the supply of aluminium ingots. The chart below indicates the current status of primary aluminium inventories...
On August 29, an INR 2005.89 crore investment accord was inked by the Government of Odisha to set up ten industrial projects employing more than 3,545 people in the Indian state. The principal approvals were made for the metal industry following its downstream activities, along with citing proposals for the pharmaceutical, chemical, infrastructure, and tourism sectors. The State Level Single Window Clearance Authority (SLSWCA) committee, chaired by Chief Secretary S C Mohapatra, signed off on these investments to build a commercial ground in the state. During the electrolysis phase, carbon electrodes are used in the Hall–Héroult production process, and at present, it is the only procedure followed by aluminium smelting industries. The SLSWCA committee allotted an investment of INR 205.44...
The Savannah Pilots Association of Georgia received a brand-new aluminium pilot boat from Snow and Company, a Washington-based boat-builder. The single-chine, flush-deck Savannah was created by the UK-based naval design firm Camarc. Its dimensions are 64 feet (19.5 metres) in length, 19.5 feet (5.9 metres) in beam, 3.63 feet (1.1 metres) in full load draught, 51 tonnes (46.2 tonnes), with seats for two crew and seven pilots. Aluminium boats have excellent corrosion resistance, making them suited for fresh and saltwater conditions. Aluminium is the best material for shipbuilding. It is also favoured for marine applications like military patrol boats and fast ferries. The boat can travel up to 35 knots thanks to two MTU 12V2000M86 engines that power Hamilton HTX52 waterjets through ZF 3055...
The high possibility of global recession and economic stagnation has already alarmed countries like China, the world’s largest consumer of primary aluminium raw materials, flagging the risk of downsized markets. China, who has been battling with increased energy costs and heat wave, previously reported some aluminium and alumina capacity cut at Sichuan and Chongqing provinces. According to a report last week, the aluminium production cut in Sichuan became intense from 395,000 tonnes to 777,000 tonnes, with mere residual capacity at 230,000 tonnes out of total installed capacity at 1.07 million tonnes. Chongqing was no exception but experienced a production cut due to high temperature, despite smelters having more dependence on thermal power, whereby heat energy is converted to electrical...
Aluminium is a highly durable metal that can be recycled repeatedly without losing its original value. Recycling aluminium conserves 95 per cent of the energy required to produce the same quantity of aluminium from scratch. Compared to steel, the use of aluminium in multiple sectors is increasing rapidly. In response, companies are using aluminium packaging instead of conventional metal packaging. In April 2022, the amount of aluminium scrap exported to Thailand by the United States recorded significant growth. As per the USGS data, the amount settled at 10,300 tonnes for the same month. On M-o-M calculation, a surge of 8,310 tonnes or 471.58 per cent was recorded from 1,990 tonnes in March. In March, a growth of 230 tonnes or 13.06 per cent was seen from 1,760 tonnes in February. On the...
On Monday, August 29, the benchmark aluminium price for SHFE slipped down the graph by US$53 per tonne or 1.93 per cent to stand at US$2,694 per tonne. The most-traded SHFE 2210 aluminium contract opened at RMB 18,675 per tonne last night and rose to RMB 18,755 per tonne before closing at RMB 18,680 per tonne, up RMB 5 per tonne or 0.03 per cent. The most-traded SHFE 2210 aluminium closed down 0.64 per cent or RMB 120 per tonne to RMB 18,675 per tonne, with open interest up 6,223 lots to 171,655 lots. The energy supply crunch in Sichuan is now gradually easing down owing to sufficient rainfall in China. Slowly the smelters are also travelling towards recovery; mainly, those in Guangyuan city are gaining their average speed. The domestic supply shortcomings were also being met. In the...
Beck Aluminum, a global pioneer in selling aluminium worldwide, joined Aluminium Stewardship Initiative (ASI) as a General Supporter member. Through its network of authorised suppliers, Beck Aluminum offers aluminium ingot and RSI products of the highest calibre at cost-effective prices throughout North America, providing supply certainty that is unmatched in the industry. “Beck Aluminum joined ASI because its membership will enhance its corporate mission to support its global supply base, diverse market segments and long-term customer relationships in the best way possible. ASl’s performance standards further support Beck Aluminum’s market objectives to responsibly access new markets and forge stronger partnerships in the aluminium recycling industry,” said Geoffrey Beck, Manager at Beck...
Alumina production in Africa & Asia (ex-China) showcased a monthly increase of 5.26 per cent in July 2022, according to the International Aluminium Institute. From 1.141 million tonnes in June, the output grew to 1.201 million tonnes in July. However, the production in June saw a downfall of 5.7 per cent month-on-month from 1.210 million tonnes. On a year-on-year calculation, alumina production in Africa & Asia (ex-China) during July 2022 recorded a hike as well by 6.76 per cent from 1.125 million tonnes, found IAI. Africa & Asia's average daily alumina production in July’22 amounted to 38,700 tonnes, up by 1.84 per cent month-on-month from 38,000 tonnes and 7.5 per cent more year-on-year than 36,300 tonnes. In the first seven months of 2022, Africa & Asia’s (ex-China) alumina output...
According to China Customs data, the country exported 93,300 tonnes of aluminium extrusion (HS codes 76041010, 76041090, 76042100, 76042910, 76042990) in July 2022. That was 10,600 tonnes or 12.8 per cent more than the previous month and 14.3 per cent higher than a year ago. Guangdong continued as the highest exporting province, accounting for 47.4 per cent of the total volume, followed by Shandong and Fujian. While the former exported 16.7 per cent of the total volume, the latter supplied 6.7 per cent. China Customs data also showed that Jiangxi, a southeast Chinese province, registered a monthly surge of 415 per cent in aluminium extrusion exports, driven by backlog orders and long statistical cycle. The above data indicates that despite the changes in export volume, the geographical...
After the release of the Streetfighter V4 and Streetfighter V4 S, Ducati has unveiled its latest creation, the Ducati Streetfighter V2, powered by a 955 cc twin-cylinder engine. This new edition offers a monocoque aluminium chassis connected with 43 mm fully adjustable forks in the front and a fully controllable mono-shock at the rear segment of the bike. Italian sports bike maker Ducati has introduced fair competition in the Indian market with its lowest-priced Streetfighter range. The Streetfighter V2 is directly comparable with other performance bikes with a similar price quotient available in India, like Triumph Street Triple, Kawasaki Z900, and BMW F 900 R. Ducati India will supply the latest model in their flagship red colour. The Streetfighter V2 is the third model of Ducati’s...
Ardagh Group has selected AFRY as their engineering and consultation partner to run operations at the latest Ardagh Metal Packaging factory and the Ardagh Glass Packaging factory in Brazil. Ardagh Group is an international supplier of sustainable and recyclable aluminium and glass packaging solutions for brand owners worldwide. AFRY is a European engineering, designing and advisory service provider that aids any big organisation in successfully carrying out everyday operations. The partnership will assist Ardagh a lot as it will be able to use the expertise of AFRY in managing the new multi-faced beverage can manufacturing unit, along with overseeing functions at the glass factory. AFRY, the Swedish-Finnish company, will contribute to environmental research by ensuring the acquisition of...
Four GT13E2 gas turbines and four generators placed at Sohar Aluminium's facility in the Sultanate of Oman will get repairs, maintenance, and components for ten years thanks to a services agreement inked with GE Gas Power (NYSE: GE). For the duration of the deal, GE Digital will also supply its Asset Performance Management (APM) software. Sohar Aluminium's smelter is powered by the electricity generated from the four units, which have a 696 megawatts (MW) capacity. The GE solutions are anticipated to boost unit reliability, expand gas turbine availability, lower costs, and lower operational risks, eventually increasing smelting productivity. “Stable electricity supply is a key input for our manufacturing processes and essential for continuous operations at Sohar Aluminium. The GT13E2...
EK Quantum has launched its latest Lumen 7-inch LCD forged from a single piece of aluminium which can be customised with nickel, black or silver coatings. Like other EK Quantum products, this individual item also displays an amazing design and is compatible with any liquid cooling configuration. The display can be identified as an additional desktop by a user's operating system, and it connects with the PC via an HDMI 2.0 cable which comes accompanied with the package. The input portal has an internal Type-A USB 2.0 specification. An excess USB Type-C cable has also been provided to use Lumen as an external display. EK Quantum Lumen 7-inch LCD is a high-quality IPS screen specially made for installation inside the PC case or for being utilised as an external monitor for hardware load,...
Vedanta Limited continued to expand its aluminium products and aluminium ingot prices on Saturday, August 27. The company hiked its aluminium wire rod price by INR 4,750 per tonne or 2 per cent to INR 237,250- 244,750 per tonne. On August 26, the price stood at INR 232,500- 240,000 per tonne, seeing an increase of INR 2,000 per tonne on the previous day. Vedanta’s aluminium billet price also experienced a rise of INR 4,750 per tonne to INR 238,750 per tonne as of August 27 versus INR 234,000 per tonne on August 26. Aluminium ingot price is ranging between INR 229,750-259,250 per tonne, with effect from August 27, being grown by INR 4,750 per tonne from INR 225,000- 254,500 per tonne on August 26. Vedanta links its aluminium ingot and aluminium products prices to the three-month futures of...
As per the report published recently, Swiss National Bank raised its share in Kaiser Aluminum Company, an American value-added aluminium producer, by 7.4 per cent during the first quarter of 2022. The institutional investor bought an additional 2,600 shares of Kaiser’s stocks, totalling 37,500 shares worth $3,531,000. Several other large investors also enhanced their shares holdings in Kaiser. For instance, Maryland State Retirement & Pension System boosted its position in shares by 2 per cent by buying an additional 127 shares. Thus, its total shares amounted to 6,416, valued at $604,000. Teacher Retirement System of Texas raised its stake by 6.4 per cent in Q1 by acquiring an additional 196 shares, which brought its total shares in Kaiser to 3,241, worth $305,000. Point72 Hong Kong...
On Thursday, August 25, Australian Aluminium Council announced the joining of Alspec Aluminium Systems as its new council member. Alspec is a significant player in Australia's downstream aluminium market, offering a wide selection of aluminium systems and products to architects, specifiers, fabricators, builders, and renovators for use in commercial, residential, home improvement, and industrial applications. “We’re looking forward to working closely with The Council and its members to ensure the sustainable production of bauxite, alumina and aluminium and downstream industries. ALSPEC is committed to zero carbon emissions by 2050 and building a smarter, more sustainable future for Australia,” said Paul Nakhele, ALSPEC Managing Director. Alspec is a wholly Australian-owned business with...
