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...
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The Industrial Demonstration Program, which is funded by President Biden's Bipartisan Infrastructure Law and Inflation Reduction Act, will concentrate on the industries with the highest emissions where decarbonization technologies will have the biggest impact, such as aluminium, cement and concrete, iron and steel, and other energy-intensive industrial processes. Focusing on the same, the Biden-Harris Administration through the U.S. Department of Energy (DOE) announced $6 billion in financing to speed up decarbonization initiatives in energy-intensive industries and provide American businesses with a competitive edge in the burgeoning global clean energy economy. To achieve the President's objective of a net-zero economy by 2050, widespread demonstration and deployment of decarbonization...
Jim Beam, in alliance with the Boston Beer Company, is eager to launch its ready-to-drink beverages in sustainable aluminium packaging solutions. Jim Beam Kentucky Coolers are on a track to introduce more and more RTD beverages to compete with the evolving liquor market and changing lifestyles. To suffice the emerging market for RTD drinks, more and more beverage companies are venturing into the production of canned drinks. Other major brands like Budweiser and Waitrose have already initiated this RTD programme to attain a circular economy across their flagship product’s value chain. The newly canned Jim Beam and The Boston Beer Company drink can be found in four different flavours, like Strawberry Punch, Black Cherry Lemonade, Citrus Punch and Sweet Tea Lemonade. The drinks have a smooth...
Internationally acknowledged as an exclusive designer of mosaic items, SICIS has introduced its luxurious set of aluminium furniture in India. These pieces have an extraordinary outer appeal and can be considered as a proper outdoor furniture range available through Tessera India. The motive behind the design underlines very transparently some of the aspects taken into consideration while the production of this SICIS outdoor range was in action. The company cleverly amalgamated aluminium with their flagship mosaic to create heritage designs with a tinge of modernism. The SICIS aluminium mosaic range consists of the following divisions: Filicudi Outdoor Table : These tables have a Vetrite top supported by white lacquered legs of aluminium, which can endure weather extremities. The Filicudi...
Louis Vuitton ventured into the wireless earphone market in 2019 and is at this moment ready to introduce its latest Horizon Light Up collection, featuring a lightweight aluminium construct comfortable for the ears. This recent pair of earphones comes confined in a chargeable hard container inspired by the panache of the ever-so-lauded Tambour watch case, also displaying the stamp of Louis Vuitton’s Connected Monogram pattern. The buds are illuminated at the backside, indicating battery capacity at the point. Once connected and placed inside the ear-hole, these Louis Vuitton wireless earphones do not lend a sensation of blockage in the tract but rather soothe the sensation for a better surround experience. The earphone flaunts a lightweight aluminium construct that allows minimum in-ear...
Following the announcement of $6 billion in funding to accelerate the decarbonisation projects in energy-intensive sectors, Charles Johnson, president and chief executive officer of the Aluminum Association, praised the Biden administration's pledge to assist in further decarbonisation of the aluminium industry. "The Aluminum Association applauds the Biden administration's commitment to support additional decarbonisation of aluminum and other energy-intensive manufacturing sectors. The North American aluminum industry is already among the lowest emitting regions in the world. Aluminum and aluminum products made here have significantly lower impact than similar products made in China, the Middle East and elsewhere. And the next generation of low carbon smelting technology is being...
Carborundum Universal Limited (CUMI), one of India's largest and oldest conglomerates and leading manufacturers of abrasives, ceramics, refractories, aluminium oxide grains and machine tools, unveiled its new product 'CUMI Monk' at GrindTec Fair in Leipzig, Germany. CUMI Monk or Monocrystalline Alumina is an electro-fused abrasive produced by blending high-purity alumina and special additives. Each particle of CUMI Monk is a single crystal of alpha-phase alumina. The uniqueness of the material is the little grain boundaries in the grains. The unique process applied to making CUMI Monk creates rough surfaces with firm cutting edges that give better bonding and sharper cutting actions compared to conventional alumina grains used in the abrasive industry, said the company during the product...
Hydro is on the way to initiate a new development phase of its one-of-a-kind production technology -HalZero, a brand new process for primary aluminium production. With the Norwegian government's support, the company will invest in a test facility, hoping the technology will help deliver pilot production of zero-carbon primary aluminium by 2030. The total investment required for the project is approximately NOK 400 million, of which the Norwegian government, via state enterprise Enova, has granted NOK 141 million for the construction of a test facility. Hydro has been working on early phase development of the HalZero technology at Hydro's Technology Centre in Porsgrunn, Norway, for the past seven years. In the HalZero production process, only oxygen will emit instead of carbon dioxide. If...
The Can Manufacturers Institute (CMI) has joined hands with different local organisations to help recycle more aluminium beverage cans at the Recycle Dat event organised by Mardi Gras 2023. Thousands of aluminium beverage cans were sold for money that CMI matched and donated to charities or locals instead of ending up in landfills. Notably, the aluminium from those beverage cans is now used for making new cans. Their collaborators included the City of New Orleans, the regional tourist organisation New Orleans & Company, EMR, many regional brewers, and the local, sustainable events non-profit Grounds Krewe. The goal of CMI includes increasing the recycling rate from 45 per cent in 2020, which made beverage containers the most recycled in the US, to 70 per cent by 2030, 80 per cent by 2040,...
Novelis Inc., one of the largest producers of aluminium rolled products and an avid propagator of aluminium recycling, on March 8, declared the inauguration of its Customer Solution Center (CSC) to aid the beverage packaging sector in São José dos Campos, Brazil. This newly opened Customer Solution desk will aim to develop better technologies for the aluminium beverage can market, keeping in mind the heightening demand for the latest innovations and exploring uncharted avenues with other sustainability solutions. The CSC has been introduced as a portal for all beverage can producers, industry suppliers, scientific partners and brand owners; each party can share their experiences, and the centre can try to find solutions. The CSC will not only provide a common ground for innovative...
Vedanta Limited, Lanjigarh, announced last month that its in-house laboratory received an official certification, the first in India, for its ability to test calcined alumina on all relevant physical and chemical parameters such as Bulk Density, BET Surface Area, Iron, Silicon, and Sodium. That marked a new, significant achievement among many in its relentless pursuit of operational excellence. The National Accreditation Board for Testing and Calibration Laboratories (NABL) issued the ISO 17025:2017 certification to Vedanta Lanjigarh’s Quality Control and Laboratory for meeting specialized requirements vital for competent calcined alumina testing. What makes this certification more remarkable is the Vedanta Lanjigarh team independently completed the NABL certification process in one go...
LME aluminium fell sharply after opening at US$2,351 per tonne on Wednesday but then rallied and closed at US$2,362 per tonne, up US$12.5 per tonne or 0.53 per cent. On Wednesday, March 8, both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$24 per tonne or 1.03 per cent to peg at US$2,288 per tonne and US$2,288.50 per tonne. 3-month bid price and 3-month offer price slipped by US$24 per tonne or 1.01 per cent to settle at US$2,335 per tonne and US$2,336 per tonne. December 24 bid price and December 24 offer price moved down by US$16 per tonne or 0.62 per cent to peg at US$2,552 per tonne and US$2,557 per tonne. LME aluminium opening stock came in at 554300 tonnes. Live warrants and Cancelled warrants scored at 442850 tonnes and 111450 tonnes. LME...
A00 aluminium ingot price has decreased by RMB 10 per tonne, officially closing at RMB 18,460 per tonne, as the Shanghai Metals Market recorded on March 9. The average prices are expected to range between RMB 18,440 per tonne and RMB 18,480 per tonne, with spot contracts trading at discount prices of RMB 70 per tonne and RMB 30 per tonne. The eight Chinese provinces have witnessed a descending course in aluminium prices today, standing still only in Foshan at RMB 18,490 per tonne. Other than that, Gongyi, Chongqing, Tianjin and Linyi all have marked an RMB 30 per tonne drop in aluminium prices. The aluminium price in Gongyi stands at RMB 18,390 per tonne; in Chongqing, it is RMB 18,510 per tonne, whereas, in Tianjin and Linyi both, the aluminium prices have halted at RMB 18,490 per tonne....
German automobile giant Audi is about to extend its e-mobility portfolio by introducing a newly developed electric mountain bike that will utilise e-bike maker Fantic's battery technology. Relying on a hardy enduro frame constructed with lightweight aluminium, the recently designed vehicle has been specifically crafted for a comfortable riding stance that allows the user to "react to obstacles and terrain ahead". Audi has bragged that its flagship electric bike permits travelling and tough riding. This can be achieved due to the suspension travel specifications of 18mm coupled with sturdy off-road tyres. The electric bike can perform perfectly during descending rides, and the company has underlined this as its "greatest strength". This new Audi e-MTB displays an outer framework resembling...
Magellan Aerospace Corporation has publicised its decision to join hands in a long-term agreement (LTA) with Collin Aerospace for the production of intricate magnesium and aluminium castings for multiple uses in the military & defense community and the commercial aerospace sector. Magellan’s factories in Ontario, Arizona, Glendale and Renfrew would manufacture these high-precision magnesium or aluminium components. The company excels in manufacturing and supplying aerospace components all around the territory, alongside being an extraordinary conductor of sand casting techniques. Magellan claims to be the first company in the additive manufacturing sector to activate 3D sand printing procedures for manufacturing its magnesium or aluminium components. The company has never refrained from...
After supplying special steel for the iconic Vande Bharat, Mishra Dhatu Nigam Limited or Midhani, the public sector metallurgy unit of the defence ministry is prepared to supply aluminium metal sheets, rings, special steel alloy and other materials for the construction of new generation railway as well as metro rail coaches for a variety of projects. The publicly traded company recently provided 400 axles for contemporary trains that were previously imported from China and are currently competing for the larger quantities, amounting to roughly 18,000 axles, for the contract issued by the Railways' Integral Coach Factory (ICF) in Chennai. "Our metal is being used to build fighter jets, helicopters, missiles and submarines. Hence, our credentials and capabilities are proven as well as...
Hindalco Industries Limited significantly reduced its aluminium ingot and aluminium products prices on Wednesday, March 7, in line with the LME aluminium price plunge over the past three days. The company has axed its aluminium ingot price by INR 6,000 per tonne or 2.67 per cent, with effect from March 7, bringing it to INR 218,750 per tonne. Hindalco’s aluminium wire rod price has also experienced a sharp cut of INR 6,000 per tonne from INR 235,850 per tonne on March 2 to INR 229,850 per tonne on March 7. The company’s aluminium billets price stands at INR 232,850 per tonne, down by 2.51 per cent from INR 238,850 per tonne about a week ago. Hindalco links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which shrank...
Bandit9's Eve Odyssey is a limited-edition motorcycle designed using space-grade aluminium used in NASA spaceships. The model will be limited to collectors interested in unpredictable constructions made from extremely uncommon materials. The bike draws attention more for its unibody design, shaped like a bullet in motion, than for its content. Eve Odyssey is characterised by Bandit9 as a bringer of order to complication. It combines the motorcycle's seat, petrol tank, steering, and full lighting system into a single aluminium body. The unibody bike concentrates on the streamlined design as the L-shaped sub-frame, petrol tank, steering system, and headlamp assembly are all integrated into the monocoque form. Additional components, such as the specially produced aluminium alloy box frame,...
Keselowski Advanced Manufacturing (KAM) has declared an alliance with Granges Powder Metallurgy, referred to in the USA as JD Technologies Global, LLC. This partnership will propel the conglomerates' prowess in the United States for precisely engineered additive manufacturing solutions made with DISPAL® (aluminium alloy) powder. KAM's VP of Engineering and Sales, Jim O'Toole, cherished the collaborative efforts and lauded the agreement, pointing out the importance of DISPAL® (aluminium alloy) material for the additive manufacturing industry. Granges has a superlative manufacturing knowledge of DISPAL® in various industrial aspects, with assorted usage in the United States and internationally. DISPAL® has more tenacity than aluminium as it is less erodible, extremely robust and strong. It...
