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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European Aluminium, an industry association in Brussels, is reportedly preparing its member companies to take part in electric vehicles and alternative energy markets, considering aluminium the “base metal for the green transition”. Alternative energy and electric vehicle market contribute leading factors to the growth in the European aluminium market. The group projects that the Europe Union’s energy transition will boost aluminium demand by 4.5 million tonnes or 30 per cent from the current level. “The European aluminum industry offers one of the most fundamental materials for achieving climate and circularity goals and provides our continent with enhanced strategic autonomy thanks to a resilient European value chain,” states the organization in its July manifesto. The association is...
Aluminium is becoming increasingly popular as a new alternative to steel, especially in the production of electronics, building parts, kitchenware, jar lids and even transportation. In response, companies are using aluminium packaging instead of conventional metal packaging. The shift to a sustainable society with lightweight electric vehicles has expanded aluminium utilisation in the transportation industry. United States exported 33,400 tonnes of aluminium scrap to India in April 2022, which heightened by 23,410 tonnes or 234.33 per cent from 9,990 tonnes in March. On the other hand, in March M-o-M decline of 1,610 tonnes or 13.87 per cent was recorded from 11,600 tonnes in February. In February a hike of 300 tonnes or 2.65 per cent was recorded from 11,300 tonnes in January. As per the...
Cayman Islands Department of Environmental Health (DEH) currently wavered away two forty-foot containers packed with 35,407 lbs of aluminium cans, Type 1 & 2 plastic containers, utilised tyres, lead acid batteries and 2,475 gallons of oil. The shipment was transferred from Sister Islands to Grand Cayman, where the differentiated and sorted, recycled materials would be stocked at the George Town Landfill and prepared for foreign export. With the world moving towards sustainability, each nation, in its own way, is contributing to arriving at a better waste-less future. While plastic and other harmful wastes cannot be easily recycled, aluminium is the most easily recyclable non-ferrous metal which retains its original form even after going through infinite recycling cycles. Director of DEH,...
Hindalco Industries Limited has slashed its aluminium ingot and aluminium products prices, with effect from August 3, 2022. The company has reduced its ingot price by INR 4,250 per tonne or 1.86 per cent to INR 224,000 per tonne on August 3. On July 29, the price came in at INR 228,250 per tonne, seeing a hike of INR 5,500 per tonne from the previous day. Hindalco’s aluminium wire rod price is now standing at INR 235,100 per tonne, experiencing a cut of INR 4,250 per tonne as well from July 29. Aluminium billets price has recorded at INR 238,100 per tonne as of August 3 versus INR 242,350 per tonne on July 29. Hindalco Industries links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which dropped by US$21 per tonne on...
LME aluminium opened at US$2,445.5 per tonne on Tuesday and closed at US$2,414 per tonne, down US$36 per tonne or 1.47 per cent. On Tuesday, August 2, both LME aluminium cash bid price and LME aluminium official settlement price declined by US$21 per tonne or 0.85 per cent to halt at US$2,448 per tonne or US$2,448.50 per tonne. 3-month bid price and 3-month offer price dropped by US$11.5 per tonne or 0.46 per cent and US$51 per tonne or 2.04 per cent to rest at US$2,436 per tonne and US$2,437 per tonne. December 23 bid price and December 23 offer price also plunged by US$12 per tonne or 0.48 per cent to score at US$2,475 per tonne and US$2,480 per tonne. LME aluminium opening stock halted at 296650 tonnes. Live warrants and Cancelled warrants for the same day stood at 154800 tonnes and...
The data gathered in customs said that in June 2022, China witnessed a decrease of 37.95 per cent from the last month and 16.48 per cent from the same time span the previous year to close its export volume of prebaked anodes at 131,000 tonnes, which is still the lowest in the year. Yet, the customs also notified that its export price per unit for prebaked anode has elevated to a record number of US$1,316.67 per tonne. In 2022, the total exports by China have accumulated at 1,017,300 tonnes, which records a year-on-year volume rise of 26.69 per cent. Since there has been no news of obstruction in the daily activities of the international aluminium factories, it can be well deciphered that this crunch in volume has been orchestrated by the delayed cycles of ship and logistics. The prebaked...
As of June 2022, 124,600 tonnes of aluminium scrap were imported, up by 23.67 per cent M-o-M and 220.3 per cent Y-o-Y, as said by the most recent statistical data. Since late June, the customs examination of imported aluminium scrap was loosened. In the first half of 2022, imports totalled 630,400 tonnes, up 55 per cent from the same period last year. Among them, imports for processing trade were 8,500 tonnes, 4,300 tonnes less than in May, mainly due to fewer products coming from the United States. In Guangdong province, imports with general commerce were recorded at 80,500 tonnes in June, accounting for 64.58 per cent of all imported scrap, and imports with processing trade were recorded at 6,200 tonnes, making up 7.12 per cent of the total. Zhejiang reported import volumes for general...
IQibla, a company specialising in products aiding the Islamic community in the world, has just launched the newest version of its flagship smart ring, named Zikr1. Counting during the utterance of zikr is not always a convenient protocol, whereas this specific product will notify its users about the correct number of times zikr has been offered. Zikr1 has been forged with an endurable yet affordable aluminium alloy. IQibla has dedicated its means to providing the Muslim community with a smart tasbih to continue their worship of Allah. The display screen in Zikr1 shows the accurate number of times the user has offered zikr. If the zikr target is achieved, the ring is customised to vibrate so that the user might know immediately. A company executive exclaimed while describing the model,...
China’s social inventories of primary aluminium continued to increase by 7,000 tonnes week-on-week as of Monday, August 1, found the Shanghai Metals Market. The inventories grew across eight major consumption areas, including SHFE warrants, to clock at 678,000 tonnes. However, compared to the same period last year, the inventories stood down by 81,000 tonnes, showed SMM data. Given the poor willingness to purchase, primary aluminium social inventories are likely to grow further after shipments arrive in the future. The chart below indicates the current status of primary aluminium inventories across China in more details: SMM data also showed that the increase in primary aluminium inventories could not touch upon all the provinces of China. Only Nanhai, Hangzhou, and Tianjin witnessed a...
On Monday, August 1, Century Aluminum Company reported joining Gerald "Jerry" Bialek as its new Executive Vice President and Chief Financial Officer. Before joining Century Aluminum, he worked with Cooper Tire & Rubber Company as Chief Financial Officer, Vice President and Treasurer. Mr Bialek worked for 25 years in increasingly senior roles with Ford Motor Company, Amcor Rigid Plastics, and Johnson Controls before joining Cooper Tire in 2014. Here at Century Aluminum, Mr Bialek will start working on August 22, 2022, and will directly report to Jesse E. Gary, the company's Chief Executive Officer (CEO). Apart from this, Mr Bialek holds an M.B.A. degree from Oakland University and is a graduate of the University of Michigan. “Throughout his career, Jerry has demonstrated proficiency in...
Alumina production in Europe (incl. Russia) during the second quarter of 2022 amounted to 2.098 million tonnes (incl. metallurgical-grade), reflecting a downfall of 13.66 per cent quarter-on-quarter from 2.430 million tonnes. On a year-on-year basis, the quarterly output decreased by 18.65 per cent from 2.579 million tonnes, found the International Aluminium Institute. In June 2022, alumina output in Europe (incl. Russia) stood at 693,000 tonnes, down by 4.02 per cent or 29,000 tonnes from 722,000 tonnes month-on-month. But in May, production grew by 5.7 per cent or 39,000 tonnes from 683,000 tonnes in April. Over the year, Europe’s (incl. Russia) alumina production in June 2022 recorded a plunge of 165,000 tonnes or 18.27 per cent from 848,000 tonnes, according to IAI data. Total...
The use of aluminium powder is widespread in explosives and fireworks production. Its utilization in manufacturing certain electronics is extensive—powdered aluminium is absorbed in many paints and sealants as primarily responsible for colour and hiding power. Manufacturing, pharmaceuticals and tourism usher in the diversified economy of France. The government has partially or fully privatized many large companies but maintains a strong presence in the power, public transport, and defence sectors. The north-western European nation France imported 16,775 tonnes of aluminium powder and flakes during 2019-21, incurring an expenditure of around $44.33 million for the export. In 2019, as classified by World Bank, a wealthy, high-income nation, France imported aluminium powder and flakes of...
Kaycan LTD., construction materials and aluminium extrusions provider hailing from Montreal, Canada, was successfully acquired by Saint-Gobain on July 29 with an investment of US$928 million, after a month-old announcement by the company on May 31, 2022. Kaycan is the leading supplier of polymer shakes, engineered wood siding, vinyl and aluminium siding in Canada plus the US states. With the world moving towards sustainability, more and more companies are picking out alternatives to steel and other heavy metal to complement their industrial design. Aluminium comes in very handy since it is lighter than steel and is a non-ferrous metal that can be recycled for an infinite time. Therefore once an aluminium product is installed, it not only adds value for its time span but also after the end...
Aluminium as a metal is not just strong or sturdy but also holds the highest recyclability character. It can be recycled multiple times without losing its actual attributes. And a key part of Hydro's plan for a sustainable future is effectively recycling pre- and post-consumer aluminium scrap . With this, Hydro's latest investment of NOK 500 million in recycling at its Cressona, Pennsylvania, extrusion factory will make them one step closer to their goal. The investment will increase the facility's recycling capabilities, including re-melting and creating low-carbon aluminium products through extrusion billet casting. The project will increase Cressona's casting capacity by more than 50,000 tonnes and is anticipated to be completely operational in late 2024. The investment will help the...
Vedanta Limited trimmed its aluminium products and aluminium ingot prices, with effect from Saturday, July 30, in line with a drop at the end of last week, July 29. Vedanta cut its aluminium wire rod price by INR 1,250 per tonne from INR 233,500- 241,000 per tonne to INR 232,250- 239,750 per tonne. Aluminium billet price also witnessed a reduction of INR 1,250 per tonne to stand at INR 233,750 per tonne, as against INR 235,000 per tonne on July 29. The company’s aluminium ingot price was no exception but saw a dip from INR 226,000-257,500 per tonne on July 29 to INR 224,750- 256,250 per tonne on July 30. As mentioned, Vedanta reduced its aluminium products and aluminium ingot prices in response to the downfall in three-month futures of aluminium on the London Metal Exchange by US$6 per...
In the wake of the geopolitical crisis between Russia and Ukraine, China has exported more microchips to Russia and other electronic components and raw materials, some with military applications, entangling efforts by the US and Western allies to isolate Russia's economy and paralyse its military. According to Chinese customs data, chip exports to Russia more than doubled over the previous year's first five months of 2022, while other components such as printed circuits also saw double-digit percentage increases. There is a 400-fold increase in alumina exports (aluminium oxide), the vital raw material for aluminium production and one of the essential materials in weapons production and aerospace. It is possible, however, that inflation may be partly responsible for the jump in reported...
LME aluminium opened at US$2,481.5 per tonne on Monday and closed at US$2,450 per tonne, a drop of US$32.5 per tonne or 1.31 per cent. LME aluminium cash bid price stopped at US$2,469 per tonne, with a 0.77 per cent or US$19 per tonne escalation to begin the week on August 1, while LME aluminium official settlement price rested at US$2,469.50 per tonne, experiencing a price hike of 0.71 per cent or US$17.50 per tonne. 3-month bid price and 3-month offer price grew by 0.41 per cent or US$10 per tonne to stand at US$2,447.50 per tonne and US$2,488 per tonne. December 23 bid price and December 23 offer price climbed up the graph by US$9 per tonne or 0.36 per cent to rest at US$2,487 per tonne and US$2,492 per tonne, respectively. LME aluminium opening stock continued to decrease by 1 per...
Art has no limit and no bound, once again proved by a newly-wed couple Calvin Patrick Monjinun and Cheryl Joanne Chan, with a unique products display at creative art exhibition held at the Sabah International Convention Centre. The couple exhibited their unique creations of handbags, clutches, and other fashion accessories made from aluminium can caps. “I started crafting and upcycling in 2012, but only in recent years did I get more serious about this field. However, the main challenge is to have a stable supply of materials,” said Mojinun. He also said he adopted the idea of turning can caps into something usable from a family trip to the Philippines, where he spotted beautiful upcycled items for sale. “So I thought, these products are actually good. I should bring such concepts home...
