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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According to the Indian Aluminium Institute data, alumina production in South America shrank by 5.95 per cent or 57,000 tonnes month-on-month to 901,000 tonnes in June 2022. But in May, the monthly output edged 3.03 per cent higher M-o-M from 929,000 tonnes. On a year-on-year calculation, South America's alumina output in June 2022 registered a downfall of 11.58 per cent from 1.019 million tonnes. Thus, in the three-month time (April-June), total production of alumina in South America amounted to 2.788 million tonnes, down by 2 per cent quarter-on-quarter from 2.845 million tonnes. On a year-on-year basis, the output recorded a fall as well by 12.63 per cent from 3.191 million tonnes. In the first half of 2022, alumina production in South America totalled 5.633 million tonnes – 16.95 per...
Founded in 1987, Alutrade, one of the well-sought aluminium recycling companies and extrusion specialists in the UK, claims to have invested between £1.2 million and £1.3 million to introduce better health and safety standards at the Midlands after the accidental demise of an employee in 2017. The departed soul, Stuart Towns, was only thirty-five years old when he succumbed to severe blows in his head induced at Alutrade’s site on Tat Bank Road, Oldbury. After being accused of corporate manslaughter, Alutrade was defamed at the Wolverhampton Crown Court in March and was charged almost £2 million. Three senior management members were also subjected to penalties after they were proven guilty following the Health and Safety at Work Act. The director at Alutrade, Andrew Powell, told sources...
The South African company-based company specializing in rolled aluminium products, Hulamin, announced that its Chief Executive Officer, Richard Jacob, will retire at the end of September 2022. His career at the Pietermaritzburg-based company spans 32 years, and he has served as CEO for 12 of those years. While the company searches for a new CEO, non-executive director Geoff Watson has been appointed interim CEO. Over the course of his career, Watson has worked for Alcoa Kaal in Australia, Alcoa Bohai (China), Steelforce (Australia), Seema International (Hong Kong), and UC Rusal (Switzerland). A graduate of the University of Cape Town with an engineering degree, Jacob joined Hulamin in 1990 as an industrial engineer. He was promoted to various positions at Hulamin, including manager for...
Bunting magnetic separators have been installed by recycling expert Parry & Evans to recover metal from pre-sorted household waste. The firm utilises an Eddy Current Separator to retrieve valuable aluminium, including beverage cans, and a permanent Overband Magnet to collect ferrous metals at its Deeside facility in the United Kingdom, including steel food cans. The main aim of the magnetic separators is to recycle every last bit of trash. Each year, the Deeside recycling plant processes over 110,000 tonnes of pre-sorted home waste delivered by North Wales authorities, including Flintshire. Other recyclable items like plastic bottles, containers, metals (cans and trays), and other recyclable items can be found in the rubbish. "The Bunting magnetic separators provide us with effective and...
Runaya Refining LLP has bagged greater credit ratings of ‘IND BBB+ from India Ratings and Research (Ind-Ra) as against the former ratings of ‘IND BBB’, while its short-term limits have been upgraded to IND A2. The advancement in credit ratings represents Runaya's improvement in net leverage for FY2022 and 1QFY2023 on the back of higher dross processing volumes and operating profitability. The commissioning of aluminium dross processing facilities at Vedanta’s Limited’s subsidiary Bharat Aluminium Company Ltd’s (BALCO) Korba (Chhattisgarh) also played an imported factor. Runaya Refining was formed in 2017 by Annanya Agarwal and Naivedya Agarwal, sons of Navin Agarwal, Chairman of Vedanta Limited, India’s leading aluminium producer, to capture the market of aluminium dross. The company has...
Vedanta Limited has reduced its aluminium ingot and aluminium products prices for the third successive day on Thursday, August 4. The company’s aluminium ingot price has seen a cut of INR 3,250 per tonne to INR 218,750- 250,250 per tonne, which on August 3 witnessed a decline of INR 2,750 per tonne to INR 222,000- 253,500 per tonne. Vedanta’s aluminium wire rod price has also been cut by INR 3,250 per tonne on August 4 to INR 226,250- 233,750 per tonne. On August 3, the price stood at INR 229,500- 237,000, reflecting a downfall of INR 2,750 per tonne from INR 232,250-239,750 per tonne. With effect from August 4, the company’s aluminium billet price has come in at INR 227,750 per tonne versus INR 231,000 per tonne on August 3. Vedanta has been reducing its aluminium ingot and aluminium...
Greek aluminium extrusion provider Etem Group and the Spanish automotive components supplier, Gestamp, signed a partnership deal, resulting in a joint venture called Etem Gestamp, that has now adhered to a ten years power purchase agreement (PPA) with a Bulgarian renewable energy investor, Growth for 4 GWh of solar energy annually, as was reported by consultant, Elnova on August 3. As early as March, Etem Gestamp had declared that it would invest more than a 120million levs or US$62.5 million to upgrade its facility in Sofia that makes components for cars. After the Paris Environmental Agreement signing in 2015, several concerned companies are shifting toward a more sustainable option to produce their individual products. While the aluminium industry is a power-intensive area, with...
Almost every car today comes with light alloy wheels made of aluminium, which, with a weight of over 40 kilograms, account for a significant proportion of aluminium used in vehicles, with a newly developed aluminium recycling casting alloy called AlSi7. For the first time, REC can meet a car wheel's high safety and aesthetic requirements in a CO2-optimised way. In comparison to primary metal solutions, aluminium recycling saves up to 95 per cent of energy. With intensive collaboration from AUDI, AMAG has developed the new AMAG AlSi7.REC alloy with over 70% recycled content according to ISO 14021:2016. The new alloy was then cast into wheels by the Ronal Group. The AlSi7.REC alloy has a new chemical composition that allows for a substantial increase in recycling content, enabling the use...
Aluminium is the metal of the future. It is one of the essential elements of the “Green Economy.” And in this run towards a sustainable environment, aluminium holds the most significant part. Due to its unique characteristics, it 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. According to the USGS data, the United States imported 18,300 tonnes of aluminium scrap from Mexico, which declined by 2,500 tonnes or 12.01 per cent M-o-M from 20,800 tonnes in March. In March, Mexico exported 20,800 tonnes of aluminium scrap to the US, reflecting growth of 3,700 tonnes or 21.63 per cent from 17,100 tonnes in February. For the same year, a hike of 1,700 tonnes or...
On Wednesday, August 3, Novelis released the first quarter financial results for fiscal year 2023, reporting a 28 per cent year-on-year rise in net income attributable to shareholder to a record $307 million and a 1 per cent increase in net income from continuing operations to also at $307 million. But excluding special items in both years, net income from continuing operations in Q1FY23 registered an 18 per cent hike due primarily to higher underlying Adjusted EBITDA. Adjusted EBITDA grew 1 per cent to a record $561 million in Q1 ended June 30 versus $555 million during the same period last year. The increase was due to higher product pricing, favourable product mix, aerospace shipment, and improved recycling performance. The company's net sales stood at $5.1 billion in 1QFY23, gaining...
The Jamaican Minister of Mining and Transport, Audley Shaw, stated that the Caribbean Island government is resolutely guaranteeing sustainable bauxite mining in the country to protect the environment. The Minister said, "I want to assure the country that even as we continue to mine for bauxite, we will pay even more attention to the environmental issues. We will ensure that we do what we must to protect the environment and have proper land reclamation so that our farmers can still use our land and so on." Audley Shaw advocated for the pertinent stakeholders and environmentalists to work closely with the Jamaican government to enact sustainable solutions. "We can work together. I want to say to the environmentalists, let's not be enemies because there are things we can do to improve how we...
LME aluminium opened at US$2,405 per tonne on Wednesday and closed at US$2,385 per tonne, down US$29 per tonne or 1.2 per cent. LME aluminium cash bid price stopped at US$2,402.50 per tonne, while LME aluminium official settlement price rested at US$2,403 per tonne with a 1.86 per cent or US$45.50 per tonne decline on August 3. 3-month bid price and 3-month offer price dropped by 1.48 per cent or US$36 per tonne to stand at US$2,400 per tonne and US$2,401 per tonne. December 23 bid price and December 23 offer price climbed down the graph by US$30 per tonne or 1.21 per cent to rest at US$2,445 per tonne and US$2,450 per tonne, respectively. LME aluminium opening stock continued to decrease by 0.71 per cent or 2,100 tonnes, from 296,650 tonnes to 294,550 tonnes as of August 3. Live warrants...
On August 3, Acer Malaysia unveiled a catalogue featuring the latest laptops for the local market, among which Acer Swift 5 made headlines with its approach to sustainability. The laptop is equipped with a CNC-machined chassis made of aerospace aluminium and 12th Gen Intel Core i7 and i5 processors. The Acer Swift 5 is technically very light and portable, suitable for on-the-go professionals and students and can be used by families. Its compact and modern design is due to the precisely engineered aluminium framework and a 14-inch IPS WQXGA display which together weigh only 1.2kg. Regarding performance, the Acer Swift 5 has both higher-end and base models, the former having a resolution of 2560 x 1600 pixels and 425 nits brightness configuration and the latter sporting a 1920 x 1200 pixels...
Odisha Mining Corporation (OMC), a gold category Public Sector Undertaking established in India, has reported incurring a loss of INR 61 crore ($7.77 million) due to inaccurate costing of bauxite from the Odisha’s Kodingamali block in Koraput and Rayagada districts. The profit-making OMC’s issue was pinpointed by the Comptroller and Auditor General (CAG) in its compliance audit report for the year ending March 2020, which was tabled in the state Assembly on August 1 2022. As a result of the two e-auctions held on April 4 and October 3 in 2018 and the third auction held on April 3, 2019, the State PSU has determined the floor price for bauxite at 462, 547.50 and 672.65 per tonne, which will lift the mining block to 50 years rather than 21 years. Following these three e-auctions, prices...
On Monday, August 1, Pittsburgh Plate Glass Company (PPG) unveiled PPG INNOVEL® PRO, an improved interior spray coating for the endlessly recyclable aluminium beverage can that omits the use of bisphenol-A (BPA) or bisphenol starting ingredients and has more strong application qualities. Bisphenol A or BPA is an industrial chemical employed in producing different polymers. It is a colourless solid that dissolves in most popular organic solvents but only very weakly in water. It harms the brain and prostate gland of foetuses, new-borns, and children. With over ten years of experience as the most popular non-BPA internal beverage spray coatings on the market, PPG Innovel has developed PPG Innovel PRO, a next-generation, high-performance acrylic coating. According to the business, PPG...
National Aluminium Company Limited has trimmed its aluminium ingot price, with effect from August 1, following an escalation of INR 11,300 per tonne on July 21. The price has slipped by only INR 1,000 per tonne to come in at INR 226,650-230,150 per tonne from INR 227,650-231,150 per tonne. But the company’s product prices have recorded no change since the hike on July 21. Both aluminium wire rod price and aluminium billets price have remained restrained at INR 230,150-234,500 per tonne and INR 231,100-233,750 per tonne, respectively. NALCO links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which stood range-bound even after many ups and downs between July 20 and 29. As per the LME data, the price only inched down...
On August 2, SLM Solutions Group AG declared the latest acquisition of two SLM®500 additive manufacturing machines by Robert Bosch GmbH Nuremberg, the well-known German technology provider. These SLM®500s will substantially heighten Bosch's production of AlSi10Mg aluminium components with increased precision. The new installations will aid Bosch's powertrain technology by producing customized aluminium parts for hydrogen technology and electric drive production lines at their 3D-MPC Manufacturing and Processing Center in Nuremberg. The centre largely produces mechanical parts for prototype and serial applications with the help of additive manufacturing. The SLM®500s will help Bosch to increase the output of AlSi10Mg aluminium parts with more choices in shapes and sizes, ultimately...
On 1st August 2022, the world's most premium beer producer Heineken reported H1 2022 earnings, which exceeded more than anticipated, as beer consumers of this famous brand procured more regardless of inflation impacting daily life. However, the most recognizable beer brand in the world forecast confers different insight for 2023, profit margins to dip owing to inflating costs. The Dutch brewer, Heineken, Europe's top-selling lager, and Tiger, Sol and Strongbow cider sold more beer than estimated, expanding all regions and revenue and profit above market solidarity. Dolf van den Brink, the CEO of Heineken International, exemplified, "The beer market appeared very resilient, with no sign so far that increased living costs were curbing drinking." According to Heineken, its margins will...
