Hindalco Industries has terminated its proposed USD 125 million acquisition of US-based speciality alumina producer AluChem Companies after extended delays in closing the transaction. The decision ends a deal announced in June 2025, although Hindalco says its speciality alumina expansion strategy remains firmly in place. Hindalco Industries has called off its proposed acquisition of AluChem Companies Inc., bringing an end to its planned USD 125 million entry into the US-based speciality alumina producer. The Aditya Birla Group's metals flagship and AluChem have jointly decided to terminate the Equity Purchase Agreement (EPA) following prolonged delays in completing the transaction. According to Hindalco's regulatory filing, the delays were beyond the control of either party. "The proposed...
The US September consumer confidence index plunged 6.7 points to 81.9, the lowest since 2014 and deteriorating across the board. The University of Michigan survey showed consumers' assessments of their current financial situation and that one year ahead both fell about 10 per cent, with high-price concerns continuing to brew. Inflation pressure showed no signs of easing. US Fed Governor Cook said AI demand growth, rising oil prices, and supply chain disruptions from Middle East conflicts would keep inflation under pressure, but gave no clear guidance on rate hikes. CME data showed the market-implied probability of a 25 bp rate hike in October had risen to 70.9 per cent, and the probability of a cumulative 50 bp hike by December reached 58.7 per cent. Tightening expectations strengthened...
Grow with
AL Circle
A00 aluminium ingot price has slumped by RMB 10 per tonne, officially closing at RMB 18,100 per tonne, as the Shanghai Metals Market recorded on March 22. The average prices are expected to range between RMB 18,080 per tonne and RMB 18,120 per tonne, with spot contracts trading at discount prices of RMB 100 per tonne and RMB 60 per tonne. The eight major provinces in China have witnessed declining prices today, with the aluminium ingot price dropping the highest in Foshan by RMB 20 per tonne, officially closing at RMB 18,250 per tonne. Other than that, provinces like Chongqing, Gongyi and Shenyang have shed RMB 10 per tonne, halting at RMB 18,260 per tonne, RMB 18,040 per tonne and 18,140 per tonne. Incidentally, in Tianjin and Linyi, the aluminium price, after experiencing a price plunge...
Hydro Wicona will supply zero-carbon aluminium to a construction project in Europe. Titled the Innovationsbogen project in Augsburg, Wicona will provide doors, window, and curtain walling profiles made from recycled post-consumer aluminium. By the fourth quarter of this year, construction on the Augsburg building project is expected to be finished. Wicona will provide the project with 85 tonnes of Hydro CIRCAL 100R. Compared to pre-consumer/process scrap and raw aluminium, the utilisation of post-consumer scrap greatly lowers the CO2 footprint. Aluminium with a carbon footprint of less than 0.5 kg CO2e/kg over the whole value chain is called near-zero aluminium. “Covering such a high profile building in Europe with a near-zero aluminium façade is a milestone achievement for Hydro. We are...
BMW North America has decided to regulate more than 100 aluminium structural components for its patented cars “due to complexity of the repair and the requirement of highly specialised tools, training, and repair procedures,” as was cited in a bulletin published by the company on March 16. For manufacturing these parts, a mechanic must undergo vigorous training, take body and paint classes and own attested tools like a specific frame bench, glue cartridge gun, belt sander, riveting tool, oscillating tool, saw blade and welder. The bulletin clearly stated: “BMW of North America will be restricting certain aluminium structural parts to ensure the correct repair process is followed and crash performance is not compromised.” The OEM circulated an email confirming the addition of more...
South Korean battery material maker Posco Future M has started constructing a domestic nickel-cobalt-aluminium (NCA) cathode facility with a 30,000 tonnes per year production capacity in Yeongil Bay. In the past, the company known as Posco Chemicals has plotted to invest 392 billion or US$299 million for this project. The new facility in the Yeongil Bay 4th general industrial complex in North Gyeongsang province's Pohang city will begin getting its shape in the first half of 2023, with productions to take off by 2025. The new nickel-cobalt-aluminium (NCA) cathode facility will promptly hold a running capacity of 30,000 tonnes annually that can smoothly optimise almost 300,000 60kWh electric vehicles (EVs). In April 2022, Posco Future began materialising a separate 30,000 tonnes per year...
When western countries turned back on Russian aluminium, China nearly doubled its imports from Russia. According to the data recently released by China customs, the country's imports of refined aluminium from Russia surged 94 per cent year-on-year to about 538,600 tonnes from March 2022 to February 2023, a record annual volume on a moving-average basis. Customs data also showed China's aluminium imports from Russia recorded more than three-fold growth in January and February 2023, surging 266.2 per cent. Compared to 28,759 tonnes in the first two months of 2022, China's aluminium imports from Russia amounted to 105,300 tonnes during the same period of this year. The total value of the two-month imports was $248.39 million, or an average price of $2,359 a tonne. Russian aluminium inflows...
The City of York Council, in collaboration with Alupro, had organised a Christmas competition for York's primary school students to celebrate recent changes which allowed the council to collect aluminium foil from households in their kerbside collections. Primary school students in York were tasked with creating A4 posters with Christmas-themed artwork using old and cleaned aluminium foil and whatever other materials they might find. More than 100 kids participated in the competition by submitting unique foil posters with a Christmas theme. Esme from Osbaldwick Primary Academy took first prize, followed by Bluebelle from Poppleton Ousebank Primary School in second and Taylor from Stockton-on-the Forest Primary School in third. The executive member for climate change, Councillor Paula...
One of the most popular computer makers in the world, Acer, has launched its latest electric bike loaded with Artificial Intelligence (AI) technology that sports a lightweight aluminium alloy framework. The Acer ebii is a sophisticated sports vehicle that utilises modern shenanigans and promotes "stable and nimble riding". The use of aluminium in the construction has heavily reduced the bike's weight to 16 kg only so that people with urban lifestyles purchase it. According to a user's specification, the single motor emits almost 250W to 350W and can be installed at the bike's rear or front hub. The motor produces a torque of 40Nm and, under all circumstances, provides an electric assist of over 15.5mph. Since Acer has a stronghold in the computer industry it can be easily understood that...
Tianshan Aluminium Group, China’s second-largest aluminium producer by capacity, will reportedly invest US$1.6 billion to build an alumina refinery in the Riau Islands, Indonesia. Since Indonesia is rich in bauxite and coal and has low labour costs, building a plant here can improve Tianshan’s supply of raw materials. The plant will have an annual capacity of 2 million tonnes. But initially, it will produce 1 million tonnes of aluminium oxide a year, requiring an investment of US$952 million. However, the construction schedule is not yet revealed. Tianshan Aluminium Group produces primary aluminium, alumina, high-purity aluminium, pre-baked anodes, aluminium deep-processed products, and other materials. The company has been raising its annual aluminium oxide capacity in recent years. In...
Surefire Resources has hired materials science firm Lava Blue to investigate the value-added potential of high-purity aluminium oxide production from its flagship Victory Bore vanadium project in Western Australia. Victory Bore has waste rock surrounding the primary resource with significantly higher levels of aluminium oxide, with grades as high as 31.4 per cent. This will ensure Surefire is an exceptional feedstock for manufacturing high-purity alumina (HPA), targeting 4N-HPA (or more than 99.99% pure). Aluminium oxide samples will be used by Lava Blue for testing in the lab to show a manufacturing route. For the upcoming vanadium redox flow battery (VRFB) market, Surefire is investigating the manufacturing of aluminium oxide in addition to high-purity vanadium. HPA products may sell...
Sri Lanka-based manufacturer of state-of-the-art architectural aluminium joinery systems, glazing and façade products, Hayleys Unisyst, has successfully completed a fascinating construction, the 447 Luna Tower, a high-end apartment compound located at Colombo’s core. Hayleys Unisyst, one of the leading providers of aluminium extruded solutions in the vicinity, was appointed as a sub-contractor in the 447 Luna Tower Project and was ordered to supply all the required custom-made aluminium solutions the high-rise demanded. The materialisation of this humungous apartment complex has crowned Unisyst as one of the most efficient service providers in the region. This apartment complex is the first skyscraper in Sri Lanka to incorporate the largest continuous unitised aluminium curtain wall, an...
The globally acknowledged luxury cosmetics brand established by Nicolas Gerlier is on a journey to make its packaging solutions eco-friendly and recyclable. La Bouche Rouge has introduced five organically sourced upcycled fragrances in a collectable glass bottle series that can be refilled with 100% recyclable aluminium tubes to run this mission. The plastic-free and refillable cosmetics provider barges into the perfume industry with this range of five eccentric aromas. This first collection of fragrances by La Bouche Rouge is to show the world how essentials can be formulated with 100% natural ingredients. La Bouche Rouge has incorporated 30% upcycled raw items alongside 90% organic ingredients to extract a formula that is “respectful of the environment and our skin”. All the other items...
In February 2023, the world's primary aluminium production totalled 5.273 million tonnes, reflecting a second consecutive drop this year. Compared to 5.823 million tonnes in January 2023, the world's primary aluminium output recorded a decrease of 9.45 per cent month-on-month, found the International Aluminium Institute. The production in January was down by 0.80 per cent from 5.870 million tonnes a month ago. However, on a year-on-year calculation, world primary aluminium production registered an increase of 2.69 per cent from 5.135 million tonnes. But despite the decline in monthly production, the world's daily average output of primary aluminium in February grew slightly from the previous month by 500 tonnes from 187,800 tonnes to 188,300 tonnes. On a year-on-year basis, the output...
A sixteen years old stolen supercar was recovered from the river bed and was sold for almost $AU13,000 or $US8500, which is one-tenth of the price of a brand-new working model. The 1991 Honda NSX supercar with 32,000 miles on the odometer (51,500km) was allegedly stolen in 2003 and discarded in the Yadkin River in North Carolina, USA. As was reported by sources, the car was found unprecedentedly in 2019 while the local fire department was busy conducting a missing person recce in the region. The rear-wheel drive Honda NSW featuring mid-engines was introduced with great pomp in 1990. Formula One World Champion Ayrton Senna was a vital inspiration behind the car's blueprint. According to his wish, the final precision engineering and R&D created the world's first mass-produced car that...
On Monday, March 20, Uno Minda Ltd announced that its board gave a go-ahead signal to raise its stake to 81.69 per cent in Kosei Minda Aluminium and 49.90 per cent in Kosei Minda Mould, expecting the move to help Uno Minda consolidate its 4W alloy business. Uno Minda, located in North India, is a conglomerate engaged in manufacturing, developing and selling diverse automotive components for global and domestic automotive markets. In 2015, it formed a joint venture with Kosei International Trade and Investment Company Ltd, a part of Kosei Group - Japan's leading alloy wheel manufacturer. The JV named Kosei Minda Aluminium was established in Chennai, India. The acquisition of additional stakes will reportedly occur through a composite scheme of merger with Uno Minda Ltd through a swap of...
Uniformity Labs and Tekna extended their partnership to supply aluminium for laser powder bed fusion (L-PBF) applications. In this agreement, Tekna will provide the AlSi10Mg aluminium-based alloy to Uniformity to produce its advanced ultra-dense AlSi10Mg powder for the additive manufacturing process. This will strengthen the relationship between the two businesses, which was established when Ti64 provided Uniformity with a crucial North American supply source while also boosting the productivity and efficiency of Tekna. "Our partnership with Tekna highlights how advanced technology can further increase sustainability to the benefit of a wide range of industries. The complementary nature of our businesses produces an economic benefit for our customers who gain through higher printer...
On Tuesday, March 21, China’s A00 aluminium ingot price slumped by RMB 130 per tonne to halt at RMB 18,110 per tonne, with the average prices ranging between RMB 18,090 per tonne and RMB 18,130 per tonne. The spot contract price is expected to be traded at a discount price of RMB 80 to RMB 40 per tonne. As per the SMM data, on a W-o-W calculation, a plunge of RMB 170 per tonne was witnessed from RMB 18,280 per tonne recorded on March 14. The A00 aluminium ingot price in Gongyi has descended by RMB 150 per tonne to stand at RMB 18,050 per tonne. In Foshan and Hangzhou, the prices have decreased by RMB 140 per tonne to reside at RMB 18,270 per tonne and RMB 18,130 per tonne. On the same day, prices in Wuxi and Chongqing declined by RMB 135 per tonne and RMB 130 per tonne to peg at RMB...
LME aluminium opened at US$2,284.5 per tonne on Monday, with its high and low at US$2,300 per tonne and US$2,254 per tonne, respectively, before closing at US$2,284 per tonne, an increase of US$6 per tonne or 0.26 per cent. On March 20, Monday, the LME aluminium cash bid price ascended by US$7 per tonne or 0.31 per cent to halt at US$2,237 per tonne, and the LME aluminium official settlement price grew US$5.50 per tonne, officially settling at US$2,237.50 per tonne. The 3-month bid price shot up US$3.50 per tonne or 0.15 per cent, stopping at US$2,282.50 per tonne, whereas the 3-month offer price soared up US$3 per tonne or 0.13 per cent, closing at US$2,283 per tonne. December 24 bid price and December 24 offer price halted at US$2,498 per tonne and US$2,503 per tonne with no noticeable...
The Anémone Project in Montpellier uses aluminium cladding from Kriskadecor, the architectural cladding company chosen for its adaptability and utility. The Anémone Project, headquartered in the city's Port Marianne Rive Gauche neighbourhood, was created for Kley by the Spanish architecture firm Archikubik and is intended to improve student welfare and serve as a revitalising force for the neighbourhood. The 11-story tower is covered with Kriskadecor's hanging aluminium chains, which provide shade and precise detailing to complement the residence's character and symbolism that links it to the city's culture and its relationship to the sea. "The entire building is wrapped with a double skin of thin aluminium chains from Kriskadecor to avoid the use of more massive metal cladding and the...
