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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Crossbeats has introduced the latest Ignite Grande smartwatch to add to its primary Ignite range. The latest models have an innovative mono-channel Bluetooth pairing system which is the first of its kind and unique, unlike the conventional smartwatches having a dual channel setting for calling and app connections. Aviation grade aluminium is the most commonly used high-strength aluminium alloy which might be a little corrosive but is highly malleable. It is the most suitable raw material for forming an aeroplane’s body. When approaching the end of life for these products, one can easily put them up for recycling and reuse. Crossbeats very skilfully has incorporated aerospace aluminium in making these smartwatches as this step brings the company closer to sustainability. Assembled within...
The Best Building™ (TBB) solution is a start-up that provides solutions for civil construction using modular metal beams, slabs, and walls made of aluminium for quick, secure, and high-quality work. The company is creating a modular, reusable aluminium construction project that can be put together and taken apart several times. Plaster or spackling paste can then be applied (to improve the quality) using either conventional paint or an industrial aluminium paint base. An aluminium wall may be built in ten times less time than drywall and three hundred times less time than bricks, concrete blocks, or ceramic tiles. “The best building™ offers complete solutions for civil construction using technologies and software developed by the company itself, to improve productivity, production speed,...
HVG Facades has officially anointed Décortech Limited, a New Zealand’s Big River Group subsidiary, as their trusted distributor of the premium aluminium cladding product, MondoClad. The partnership will strengthen HVG Facades’ position in the industrial sector of New Zealand, establishing the MondoClad range more actively in the market. Created by marine grade aluminium, MondoClad is the company’s flagship solid aluminium panel system certified by CodeMark. The aluminium solutions have extreme endurance to heat and are fairly non-combustible. It can be said that HVG Facades has designed the aluminium extrusions while keeping the safety of the users into consideration. MondoClad is a premium solid aluminium façade panel that might be utilised for educational, residential and commercial...
According to the Shanghai Metals Market, China’s aluminium production stood at 3.5 million tonnes in July (31 calendar days), reflecting a year-on-year increase of 6.74 per cent. That brought the total volume of output in the first seven months of the year to 23.059 million tonnes, up by 1.4 per cent over the year. In July, a rise in total domestic operating capacity of aluminium with the resumption of production and release of new capacities in Gansu and Yunnan pushed the output up. Daily output stood at 112,900 tonnes, increasing by 862 tonnes on the month and 7,113 tonnes on the year. In July, domestic proportion of aluminium liquid grew by 0.2 per cent M-o-M to 66.64 per cent. In Guangxi, however, the production resumption slowed down, while in Sichuan and Shandong, the output...
The Indian state-owned integrated aluminium company National Aluminium Company (Nalco) has reported a 60.6 per cent rise in consolidated net profit to around $70 million (INR 557.91 crore) on a 52.9 per cent increase in net sales to $475.33 million (INR 3783.32 crore) in Q1 FY23 over Q1 FY22. In a regulatory filing, the public sector company had posted a consolidated profit of $43.64 million (INR 347.48 crore) in the year-ago phase. The segmental revenue from Chemicals was $43.60 million (INR1,199 crore), an increase of 12.3% year-over-year, while aluminium revenue was $374.18 million (INR2,980 crore), an increase of 71.5% year-over-year. Total expenditure soared by 55 per cent Y-o-Y to $368.58 million (INR 2935.38 crore) during the quarter due to sharp rises in raw material costs (up...
BlueScope Distribution, primarily recognized as a steel distributor, is growing its capabilities by offering a more comprehensive selection of products and services for processing aluminium. The company has been a leader in the steel and aluminium industry for a long time. A wide range of aluminium sheets, plates, coils, tread plates, and standard and customized extruded products is constantly growing through BlueScope Distribution. The firm is committed to innovation and continuously working to enhance its services and products for clients who buy aluminium or steel. It is not just a company which sells materials but is also known for providing its clients with services for processing aluminium. “Our expanded processing capabilities will ensure that we continue to provide our clients...
Monster Beverage reported an exponential US$1.66 billion in sales in the second quarter, reportedly 13.2 per cent greater than the accumulated amount of the same time span the previous year. If the foreign currency effect was not put under consideration, the earnings were experiencing a 16.9 per cent hike. On the other hand, the company’s Strategic Brands failed to reach such substantial growth numbers, falling by 9 per cent to US$79.1 million. The category differentiates all those energy drink brands either acquired from Coco-Cola or any other affordable energy drink provider. The company also denoted that it had been subjected to a ‘significant increase’ as per the cost of products was concerned, ultimately resulting in the decrease of gross profit margin level from 57.2 per cent to...
On Monday, August 8, Maan Aluminium, an aluminium extruded product manufacturing company, has reported a financial result for the second quarter of 2022 ended June 30, revealing year-on-year increase of 43.46 per cent in net sales to INR 173.16 crore versus INR 120.70 crore. On a quarter-on-quarter basis, net sales in June quarter grew by 34.23 per cent from INR 129 crore. Maan’s net profit in 2QFY23 stood at INR 8.40 crore, up by 61.54 per cent from INR 5.20 crore during the same period last year and 2.82 per cent more than INR 8.17 crore in 1QFY23. EBITDA during the second quarter of the year came in at INR 13.26 crore, reflecting a rise of 45.08 per cent from INR 9.14 crore in Q2 2021. However, earnings per share decreased to INR 6.21 in Q2 2022 from INR 7.69 in Q2 2021. Maan Aluminium...
LME aluminium opened at US$2,418 per tonne on Monday and closed at US$2,440 per tonne, up 0.78 per cent. On Monday, August 8, both LME aluminium cash bid price and LME aluminium official settlement price climbed down the graph by US$12 per tonne or 0.49 per cent to settle at US$2,435 per tonne and US$2,435.50 per tonne. 3-month bid price and 3-month offer price went down by US$8 per tonne or 0.32 per cent and US$7 per tonne or 0.28 per cent to rest at US$2,432 per tonne and US$2,434 per tonne. December 23 bid price and December 23 offer price also descended by US$10 per tonne or 0.40 per cent to score at US$2,475 per tonne and US$2,480 per tonne. LME aluminium opening stock settled at 287425 tonnes. Live warrants and Cancelled warrants closed at 154800 tonnes and 132625 tonnes. LME...
According to analysts, US importable beverage can sheet will almost disappear due to the additional production of three major US aluminium rolling mills by the end of 2026. Even though demand for this packaging is expected to grow by then, the three mills will virtually eliminate importable beverage can sheets by that time. As per a report, there will be an increase in production of over 700 000 tonnes per year, which will 'more than meet current US requirements and should satisfy the expected growth in demand.' The American steel producer, Steel Dynamics, whose board of directors has already authorized to construct and operate a 650,000-metric-ton low-carbon, recycled aluminium flat-rolled mill, the stated 45% of its new south-eastern mill (650 000 tonnes per year) will focus on beverage...
Juno DTS has revolutionised the art of inkjet printing with its Xaar 1003 print-head, which can technically print almost anything a human mind can perceive. Xaar incorporates inkjet technology and smoothly applies it to various products, mainly aluminium cans. Nowadays, many industries solely depend on machine-printed components for precise applications; among the primary industries we find, the automobile and medical industries have the highest demand. Xaar has been crucial in advancing convenient innovations that solve some of the ever-lasting problems in applying inkjet technology. Juno DTS promises its customers unparalleled performance and process efficiencies, making them trust the company. Juno DTS allows users to be more creative, versatile, competitive and innovative. Xaar uses...
On Friday, August 5, Aluminium Stewardship Initiative (ASI) announced that Schüco International KG (Schüco) had been successfully accredited against the ASI Chain of Custody Standard V1 (2017) for its Bielefeld (Germany) headquarters, Schüco International KG, and its subsidiaries in Wertingen (Germany), Le Perray-en-Yvelines (France), Padova (Italy), and Milton Keynes (England) (United Kingdom). “Schüco’s goal is to ensure the protection of human rights and the environment along the entire value chain and to ensure a responsible supply chain. Certification to the ASI Chain of Custody Standard is a big step in the right direction in this respect and we are very pleased to be able to offer ASI-certified aluminium to our customers in the future too,” commented Andreas Engelhardt, CEO at...
The Western Australian Environmental Protection Authority (EPA) has allotted two weeks for the stakeholders and community groups to take a decisive step in ensuring South32’s proposed expansion at its Worsley alumina unit. South32 has extensive plans, including the creation of a bauxite transport corridor at the Boddington bauxite mine along with developing an alternative mining area. The company also plans on increasing the residue storage capacity and the maintenance activities in the refinery near Collie. This expansion of the existing mining areas might result in the deforestation of 4,399 hectares of native flora and fauna-filled landscape. South32, in the past, has claimed that developing the mine could give birth to sustainable bauxite mining, which is beneficial to the future...
Circular economy guidelines dictate that all products should be made in such a way so they can be later demolished and remodelled into end products once the original product has become unusable. Aluminium scrap is one of those foundation materials that can be remodified into a wide variety of new products, so recycling it makes good economic and environmental sense. Aluminium metals are used extensively in construction projects such as roads and bridges. In the transportation industry, it can be used to manufacture automobiles, aircraft and other modes of transportation. Outside Asia, Colombia has one of the largest shipbuilding industries in the world. Modern industries like shipbuilding, electronics, automobile and construction contribute to Colombia's GDP; however, it also generates...
Vedanta Limited raised its aluminium products and aluminium ingot price on Saturday, August 6, after three consecutive cuts since July 30. The company added INR 4,750 per tonne to its aluminium billet price to sell the product at INR 232,500 per tonne, with effect from August 6. On August 4, the price stood at INR 227,750 per tonne, seeing a cut of INR 3,250 per tonne from the previous day. On August 6, Vedanta’s aluminium wire rod price came in at INR 231,000- 238,500 per tonne, also up by INR 4,750 per tonne from INR 226,250- 233,750 on August 4. The company’s aluminium ingot price saw an expansion of INR 4,750 per tonne as well to close at INR 223,500- 253,000 per tonne. Vedanta links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the...
On Sunday, August 7, a fire broke out at Novelis Italia S.p.A., a metalworking business located in Pieve Emanuele (Milan). As per the reports, the fire was caused due to an accidental release of aluminium casting. The aluminium casting spill was taken care of by 10 fire brigades from Milan’s provincial command. Apart from this, 118 medical personnel, 4 ambulances and carabinieri from the San Donato Company were also at the site. Although the scenario inside the plant was continuously changing, no injuries have been reported. The nuclear, Biological, Chemical, and Radiological (NBCR) teams were also at the site to assess hazardous circumstances. This is not the first time a similar fire incident had happened at the Novelis Italia S.p.A. facility on August 8, 2021. The fire was also sparked...
Altech Chemicals Limited, one of the world’s leading suppliers of 99 per cent (4N) high purity alumina (HPA), has reported the updates on its Malaysian high purity alumina (HPA) project, highlighting KfW IPEX-Bank continues to render full support to the project and German government export credit agency Euler Hermes extends US$170 million loan cover. Other highlights include EPC contractor SMS group renews support to the HPA project and Altech is still working with Perth-based markets group Bluemount Capital to secure the USD$144million green bond offer. Altech has also apprised that project level equity funding is being advanced by the US based DelMorgan and Managing Director Iggy Tan, accompanied by executive management, has completed a visit to Europe. During the visit, Iggy Tan met...
LME aluminium opened at US$2,403 per tonne last Friday and rose to US$2,454 per tonne before closing at US$2,421 per tonne. LME aluminium cash bid price stopped at US$2,447 per tonne, with a 3.1 per cent or US$73.50 per tonne escalation on Friday, August 5, while LME aluminium official settlement price rested at US$2,447.50 per tonne, experiencing a similar price hike. 3-month bid price grew by 2.84 per cent or US$67.50 per tonne to stand at US$2,440 per tonne, while the 3-month offer price witnessed a US$68 per tonne or 2.86 per cent boost to US$2,441 per tonne. December 23 bid price and December 23 offer price climbed up the graph by US$68 per tonne or 2.81 per cent to rest at US$2,485 per tonne and US$2,490 per tonne, respectively. LME aluminium opening stock continued to decrease by...
