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,...
Grow with
AL Circle
One of Ghana's most visited natural attractions is the Kakum National Park, located in the Central Region. Approximately 33 kilometres from Cape Coast, the capital of the region. This national park covers an area of 145 square miles (375 square kilometres). It was named after the Kakum River, which begins inside the protected park. Founded in 1931, Kakum Park received its National Park designation in 1992. Kakum National Park became home to the only canopy walkway on the African continent in March 1995. Tourists and researchers can enjoy privileged access to the rainforest's canopy via the walkway. There are seven treetops connected by a 350-metre-long wire rope bridge made of aluminium ladders, wooden planks, and safety nets. In order to protect the trees, no nails or bolts pierce the...
Russian oligarch Oleg Deripaska is keen on building a business relationship with India, similar to the country has with Europe, aided by connectivity, capital markets, and financial infrastructure. Impending fraudulence charges on GFG Alliance have resulted in the plunder of wealth at Lochaber aluminium smelter that has been subjected to a £586 million Scottish Government guarantee, estimating a loss of more than £4 million in the financial year 2020-21. LME aluminium official settlement price opened the week with a growth of US$17.50 per tonne, to rest at US$2,469.50 per tonne, which on Tuesday declined by US$21 per tonne to halt at US$2,448.50 per tonne, respectively. China's A00 aluminium ingot price started the week with an augmentation of RMB 320 per tonne, halting at RMB 18,620 per...
The end-user segment of the aluminium industry is the most vital because all of the aluminium produced worldwide must be delivered to customers as a product. The end-use sector defines the demand creation for the industry. On July 29, 2022, Larsen & Toubro, an Indian multinational conglomerate interested in engineering and construction, announced that it had used its precast extensive concrete panel technique for ultra-rapid construction of public housing to build a 12-story residential tower with 96 apartments in just 96 days. However, the use of aluminium is not just limited to the industries only; famous television performers are also taking steps to make our environment sustainable. Like, Jason Momoa promoted the importance of aluminium by distributing aluminium bottles filled with...
The downstream sector of the aluminium industry is one of the most productive sectors, as its profiles move to the retail market for the manufacturers to build things for customers to use. This week the global aluminium downstream sector witnessed some prominent events. To begin with, Novelis released its first quarter financial results for the fiscal year 2023. A record $307 million in net income attributable to shareholders and $307 million in net income from continuing activities were reported by Novelis in its first quarter financial results for the fiscal year 2023. The use of aluminium and its products are on the rise. The European Aluminium association predicts a 30 per cent increase in aluminium consumption due to the EU's energy transition. Considering aluminium as the "basis...
The recycled sector is of activities as residual items from the upstream sectors flow through this genre to be sorted and revitalised again. Runaya Refining, which was founded in 2017 by Annanya Agarwal and Naivedya Agarwal, entered the aluminium dross market and now has attained credit ratings of 'IND BBB+ in exchange for former 'IND BBB' by India Ratings and Research (Ind-Ra), whereas, its short-term limits have been upgraded to IND A2. Hydro, to attain sustainability, emphasises recycling pre and post-consumer aluminium scrap, for which it has invested NOK 500 million at its extrusion factory in Cressona, Pennsylvania. Cayman Islands Department of Environmental Health (DEH) wavered away two forty-foot containers packed with 35,407 lbs of aluminium cans, Type 1 & 2 plastic containers,...
On Thursday, August 4, Ball Corporation, the world’s leading sustainable aluminium packaging provider, officially declared its plans to shut down beverage cans plant located on Saint Paul’s West Side. The company also announced that the tentative time of ending the operations at St. Paul would be next spring, and it would lay off about 110 workers. Another aluminium beverage cans plant operated by Ball is closing in Phoenix, Ariz., while the construction of a new facility in Nevada is getting delayed. All this is due to the "deceleration of customer demand resulting from significant retail pricing actions by customers to pass through inflationary costs to consumers, particularly in the U.S," said Ball in a news release. St. Paul’s aluminium can production will be moved to other Ball...
On Thursday, August 4, China's aluminium billets inventory increased by 8,800 tonnes W-o-W to close at 116,400 tonnes, from 107,600 tonnes recorded last week. Since upstream output remained steady primarily, the supply doesn't appear to be decreasing. The stockpile of aluminium billets will most likely increase the following week. The figure below provides further information on the current state of aluminium billet inventories in China: The inventory in Foshan hiked by 13,400 tonnes to settle at 79,400 tonnes from 66,000 tonnes recorded last week. In Foshan, the inventory increased by 20.3 per cent from last Thursday due to concentrated Yunnan imports and weak downstream demand. For the same day in Wuxi, the inventory increased by 200 tonnes to close at 15,000 tonnes. In Changzhou, the...
According to the Shanghai Metals Market review, China produced 128,000 tonnes of lithium-battery aluminium foil (battery foil) in 2021, which accounted for nearly 2.8 per cent of the country’s total aluminium foil output and registered a year-on-year surge of 83 per cent. This prodduction hike could be attributed to the commissioning of new battery foil capacities at a fast pace last year. Currently, there are reportedly 15 battery foil projects under construction, which are estimated to come into operation between 2022 and 2025, with a total capacity of 592,000 tonnes. In addition, some existing gauge foil producers are contemplateing to convert their capacities into battery foil production. Battery foil has the largesr use in new energy vehicle power battery, followed by energy storage...
The impact of digital transformation has been prominent and widespread across the world. Over the years, digitalization has significantly evolved and brought about advanced technologies like Artificial Intelligence, Robotics, IoT, and many others. Among some of the leading global industries, aluminium is the one that has been prompt in adopting these advanced digital technologies to transform its businesses into Smart Enterprises. To throw a light more on this revolutionary change in the aluminium industry, AlCircle is working on launching its eleventh e-Magazine - "Digital Transformation in the Aluminium Industry: Drivers & Change Makers of 2022". Through this magazine, we will explore how digitalization will give a new edge to the aluminium industry in 2022. Digital transformation is...
Anglo-Australian mining group Rio Tinto stands as a recipient of various offers that are being made to construct wind and solar farms producing 4 gigawatts of energy to run its alumina and aluminium activities in Australia's Queensland region, as was declared by the company's Australia division head on August 5. The Chief Executive officer of the Rio Tinto Australian division, Kellie Parker, claimed that the company has already received 'a lot more than 4 GW' worth of provisional offers for their single-use purpose, in the long run, diminishing harmful carbon emissions. In June, as estimated by the Rio Tinto authority, its Boyne aluminium smelter, Queensland alumina refinery and Yarwun alumina refinery required a total 1,140 megawatts (MW) of reliable power and was searching for the...
According to news reports, the GFG Alliance-owned Lochaber aluminium smelter, also subject to a £586 million Scottish Government guarantee, counted a loss of more than £4 million in FY20-21. As part of the Government's agreement with GFG Alliance, the company has been required to meet specific conditions. This release comes just weeks after the company was revealed unable to meet those conditions. According to the accounts show, the last British aluminium smelter made an operating loss of £4,051,284 in FY20-21; despite statements aroused, the smelter was "performing profitably". However, the losses were primarily imputed to higher raw material costs and diminished demand for the products at the aluminium smelter due to the impact of the Covid pandemic. Even though the smelter spent more...
Hindalco Industries Limited back-to-back reduced its aluminium products and aluminium ingot prices, with effect from August 4, following a slash of INR 4,250 per tonne on August 3. On August 4, the company cut its aluminium wire rod price by INR 3,000 per tonne or 1.28 per cent to stand at INR 232,100 per tonne versus INR 235,100 per tonne on the previous day. Hindalco’s aluminium billets price also saw a trim of INR 3,000 per tonne on August 4 to come in at INR 235,100 per tonne, compared to INR 238,100 per tonne on August 3. Aluminium ingot price was no exception but saw a cut by the same amount from INR 224,000 per tonne to INR 221,000 per tonne as of August 4. Hindalco Industries links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the...
British producer of soft drinks, Britvic, has invested £26.9 million to enhance the operations in its Rugby factory along with maintaining the newfound canning line that can produce more than 120,000 aluminium cans per hour. This investment is to honour the company's 35 years of service in the town. Mark Pawsey, the MP of Rugby, was the one who inaugurated the newly opened production line for aluminium cans, situated in Britvic's most significant production unit. As Glebe Farm Industrial Estate data shows, the unit houses some of the quickest lines in Europe, with the new canning line adding almost 120,000 cans per hour to the production volume. The factory now proudly presents four capable canning lines, with the latest one boosting the total capacity by 20 per cent at the most. This...
LOTTE Aluminium, a Seoul-headquartered diverse aluminium products manufacturer, will reportedly build an aluminium foil producing plant in Hardin County, Kentucky. The project will involve an investment of $238.7 million and create 122 full-time jobs. The news came on Thursday, August 4, after Kentucky Governor Andy Beshear announced the new upcoming facility, adding that the aluminium foil to be produced there would be used for electric vehicle batteries. The facility will be located near the BlueOvalSK Battery Park in Hardin County, where Ford Motors and SK Innovation are investing $5.8 billion to set up electric vehicle battery manufacturing plants. “I want to welcome LOTTE to Kentucky as we continue to see significant investment from EV-related businesses across the state,” Beshear...
LME aluminium opened at US$2,385 per tonne on Thursday and closed at US$2,403 per tonne, an increase of US$18 per tonne or 0.75 per cent. On Thursday, August 4, both LME aluminium cash bid price and LME aluminium official settlement price decreased by US$29 per tonne or 1.20 per cent to rest at US$2,373.50 per tonne and US$2,374 per tonne. 3-month bid price and 3-month offer price went down by US$27.5 per tonne or 1.14 per cent and US$28 per tonne or 1.16 per cent to stand at US$2,372.50 per tonne and US$2,373 per tonne. December 23 bid price and December 23 offer price climbed down the graph by US$28 per tonne or 1.14 per cent to settle at US$2,417 per tonne and US$2,422 per tonne. LME aluminium opening stock stood at 290675 tonnes. Live warrants and Cancelled warrants halted at 154800...
Growing up amongst nature and the ocean, Jason Momoa's connection with the environment was established long back. His closeness and care towards nature led to the formation of Mananalu, a drinking water company, in 2019. To commemorate Hawaiian Airlines' collaboration with his water firm Mananalu, the Aquaman and Game of Thrones star surprised passengers by distributing aluminium bottles filled with water manufactured by his eco-friendly company. The business employs sustainable packaging and triple-filtered, electrolyte-added, pH-neutral drinking water. “My idea to create Mananalu came to me while on a flight. I’m grateful for your support and it’s an honour to have Hawaiian Airlines be the first airline to partner with Mananalu. We’re on a mission to end single-use plastic,” said Jason...
Tito’s has come up with the most innovative way to humiliate the hard seltzer industry by introducing a 16-ounce empty can that can be used for pouring the brand’s exquisite vodka. Tito wants to attract consumers with a bold advertising move so that they might leave their willy-nilly habit of drinking other beverages and turn their loyalty to the firm. It has been a courageous act on the part of the distiller to solely base on empty aluminium cans as a base selling product. Anyhow, it has been deemed as a ‘groundbreaking innovation’ by critics. The company encourages the mass to have anything that they find tasty instead of shoving anything down the gullet. ‘The Tito’s in a Can’ is just an empty can which would motivate the consumer to drink anything but those highly-priced yet basic...
Connecticut Metal, North America’s leading recycler of aluminium foil and laminate scraps, reportedly recycled more than 50,000 tonnes of aluminium-containing materials at its Ansonia facility. Foil, paper, and polymer laminates used in the food, drug, and cosmetics sectors were recovered at this facility, which opened in 2010. “Our company began 38 years ago by recycling rigid containers. As flexible packaging made rapid inroads into these markets, we decided to also recycle flexible materials,” said Mary Vulcano, Vice President of Connecticut Metal. Connecticut Metal initially specialised in laminates made of aluminium foil. The business created a unique procedure to remove metal from the paper and plastic substrates. Soon, the company became one of the significant consumers of foil...
