Critical Metals Corp. (NASDAQ: CRML) gained ground on Monday after Greenland approved the Tanbreez rare-earth project’s mining and closure plans through 2050, removing a major regulatory hurdle for one of the largest heavy rare-earth deposits outside China. Signed by Greenland’s Minister and Member of the Parliament Múte B. Egede on September 29, 2026, the approvals cover operations through September 2050, providing a framework for roughly 24 years of permitted activity under the company’s current exploitation license. To learn about the market potential of aluminum dross, explore "ALuminium Dross Processing: Generation, Recovery & Strategic Roadmap" Critical Metals shares climbed up around 13% in morning trading before easing to a gain of about 4%, putting the stock on course to end a...
Alunorte, Hydro’s alumina refinery in Brazil, has cut alumina production to 50 per cent after disruptions to its natural gas supply from CELBA. The disruption could cost Hydro’s Bauxite & Alumina business up to USD 100 million in Q3 2026. Alunorte could also face another USD 110 million impact in Q4 due to higher gas costs. CELBA informed Alunorte in August 2026 that it was facing disruptions to natural gas supplies. The refinery has not received the gas covered by its contract and is now buying gas at spot market prices. Alunorte has cut production to 50 per cent to match the gas currently available. The refinery has asked for direct access to the Barcarena LNG receiving and regasification terminal. Join the fourth edition of webinar " Hedging for recyclers - Become an expert in 6 hours...
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Yamaha Motor Company, a Japanese multinational manufacturer of motorcycles, has started using green aluminium for manufacturing vehicle parts, with effect from February 2023. Yamaha is the first Japanese motorcycle company using aluminium. It has reportedly entered into a new agreement with an aluminium ingot supplier to source the metal. Green aluminium is aluminium produced using renewable energy to reduce carbon emissions in its manufacture. Aluminium parts account for 12 to 31 per cent of the total weight of a motorcycle. So, using green aluminium for motorcycle parts is an effective way to curb CO2 emissions from the vehicle. Yamaha has said it is actively using recycled aluminium for its vehicle parts leveraging advanced technologies and expertise. So, now the use of recycled...
The Players Championship, or the annual golf tournament organized by the PGA tour, has been an ardent supporter of sustainability and recyclability. As per the reports, this year, they will introduce aluminium Sawgrass Splash Cup, which can be taken home by the fans as souvenirs or given up in recycling. Students from Flagler College and the University of North Florida will be coming forward for the recycling endeavour. According to a PGA Tour spokeswoman, the students are voluntarily joining the competition's Green Team. They will improve the tour's sustainability initiatives by assisting spectators with correctly disposing of food and beverage containers, pairing papers, and other items. Brazos Barber, the senior manager at PGA Tours, stated the inclusion of the recyclable 16 oz....
According to the US Geological Survey, India imported 102,900 tonnes of aluminium scrap from the United States during the fourth quarter of 2022, which reflected a sequential downfall of 20.11 per cent from 128,800 million tonnes in Q3 2022. In total, India imported 231,700 million tonnes of aluminium scrap from the US during the second half of 2022, up by 2.07 per cent from 227,000 million tonnes in H1 2022. In December 2022, India sourced 33,300 tonnes of aluminium scrap from the United States, compared to 28,800 tonnes in November. That represented a month-on-month growth of 15.63 per cent, found USGS. But on a year-on-year calculation, the import volume stood 21.28 per cent less than 42,300 tonnes. In the full-year 2022, India’s aluminium scrap imports from the US totalled 459,000...
Alutrade, the UK’s largest independent aluminium recycling company and extrusion specialist, is the first company in the world to reap the benefits of the sophisticated new sensor-based sorting solution. The new X-TRACT™, TOMRA’s most advanced x-ray metals sorting unit, has enabled Alutrade to achieve 99 per cent pure aluminium for secondary aluminium production. The new X-TRACT™ unit was installed in March 2021 at Alutrade’s Oldbury recycling plant in Birmingham, which processes 42,000 tons of waste annually. The plant’s infeed material comprises metal extrusions from different types of post-consumer construction waste, such as windows and doors and aluminium cans. A combination of mechanical and sensor-based sorting When the infeed material arrives at Alutrade’s Oldbury plant, it is...
The global aluminium industry in February 2023 witnessed some important announcements. The Russia-Ukraine geopolitical crisis marked one year in February 2023, which resulted in the White House pushing the Russian economy with new sanctions. The United States imposed a 200 per cent tariff on importing Russian aluminium into the country, including extrusion products. The other important announcement was the production resumption of the San Ciprián aluminium smelter by 2024. In 2022, the European primary aluminium sector was already forced to cut production due to the high energy prices. Activating this smelter will help the industry add some numbers to its output. In comparison, the Yunnan province of China declared the regional aluminium smelters to cut production due to the hydropower...
On February 28, Hydro finally acquired Hueck after receiving clearance from the German and Austrian competition regulators. The two companies signed the agreement for the same on December 2022 . As per the reports, the acquisition will increase Hydro's market share in Germany and other European countries. It also established a strong foundation for future expansion in the extrusions and building systems sectors. The greatest market in Europe for building systems and aluminium extrusions is found in Germany. Hydro will have five extrusion factories, three recycling sites, and 2,000 workers nationwide with this acquisition. These 2000 professionals are experts in developing windows, doors, and façade solutions for the building and construction sector. "Hueck is in many ways a perfect fit...
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices on Thursday, March 2, after consecutive cuts last week during February 23-25. The company has added INR 4,750 per tonne to its aluminium ingot price to bring it to INR 224,750 per tonne versus INR 220,000 per tonne on February 25. Hindalco’s aluminium wire rod price has also been lifted by INR 4,750 per tonne or 2.05 per cent on March 2 to INR 235,850 per tonne. Last week, on Saturday, the price was closed at INR 231,100 per tonne The company’s aluminium billets price has also experienced an increase of INR 4,750 per tonne, reaching INR 238,850 per tonne as of March 2, compared to INR 234,100 per tonne on February 25. Hindalco links its aluminium ingot and aluminium products prices to the...
A00 aluminium ingot price in China has continued to grow by RMB 90 per tonne to score above RMB 18,500 per tonne. According to the Shanghai Metals Market survey, the price stands at RMB 18,530 per tonne on Thursday, March 2, with average prices likely to range between RMB 18,510 per tonne and RMB 18,550 per tonne. The spot contract is estimated to trade at a discount price of RMB 110-70 per tonne. But despite the rise in the ingot price for the past two consecutive days, it stands lower by RMB 90 per tonne compared to RMB 18,620 per tonne a week ago, learned SMM. And compared to a month earlier, it reflects a downfall of RMB 480 per tonne from RMB 19,010 per tonne. In Foshan, the primary aluminium ingot price has increased the highest by RMB 100 per tonne on March 2 to stop at RMB 18,560...
The Italian company that stands out in the world metal industry, FIMI Machinery has announced the delivery of CTL 975 to Becker Aluminium-Service GmbH. Becker Aluminium is one of the leading German service centres, active in processing and supplying of aluminium flat products which equipped itself with a multiform levelling and cutting line for its headquarters in Böhnen in 2018. FIMI Machinery is known for its specializing in the design, construction and commissioning of plants and machines for processing coils of the highest quality and advanced technology enabled to guarantee consistent high performance. The scope of installation at Becker Aluminium was to enhance the performances and the sheet metal cutting quality for automotive manufacturers and their subcontractors by utilizing...
LME 3M aluminium opened at US$2,370 per tonne and closed Wednesday at US$2,440 per tonne, up US$72 per tonne or 3.04 per cent. On March 1, Wednesday, both LME aluminium cash bid price and LME aluminium official settlement price escalated by US$64 per tonne or 2.78 per cent to halt at US$2,362 per tonne and US$2,364 per tonne. On the same day, 3-month bid price and 3-month offer price expanded by US$60.5 per tonne or 2.57 per cent to peg at US$2,405.50 per tonne and US$2,406.50 per tonne. December 24 bid price and December 24 offer price surged by US$60 per tonne or 2.36 per cent and 2.60 per cent to close at US$2,593 per tonne and US$2,598 per tonne. LME aluminium opening stock came in at 550100 tonnes. Live warrants and Cancelled warrants closed at 439750 tonnes and 110350 tonnes. LME...
Rusal, the world’s second-largest aluminium producer by primary output, has reportedly developed and inaugurated the production of raw materials for catalysts at the Achinsk Alumina Refinery (RUSAL Achinsk), besides the production of VOGA fire retardants. The project has involved an investment of more than RUB 800 million, taking the site's capacity to 5,000 tonnes per year. It has also created 50 additional jobs. Rusal Engineering and Technology Centre (Rusal ETC) specialists have invented a unique technology that enables the production of powder products for various purposes on the same equipment. The technology passed all necessary tests and proved claimed specifications, resulting in environmentally friendly production. The construction of RUSAL Achinsk was completed in two years. It...
Aluminium Stewardship Initiative (ASI) announced the joining of Qinghai Baihe Aluminium Industrial Co., Ltd as the new Production and Transformation member. The enterprise has the largest electrolytic aluminium manufacturing site in Qinghai Province, with a total design production capacity of 700,000 tonnes. For Shanghai futures trading, the company's "BHL" brand has achieved accreditation for its quality management system, environmental management system, occupational health and safety management system, and energy management system. "Qinghai Baihe Aluminium Industry Co., Ltd. is committed to building the sustainable development of the green low carbon electrolytic aluminium production enterprises. The company adheres to the principles of honesty, innovation and service to customers. We...
Corrivo Building Products, one of the UK’s leading metal flashing manufacturers, expanded its product offerings by adding aluminium window pods to its portfolio to fulfil the demands of architects, specifiers, and façade contractors after providing some custom window pods for many high-profile projects. When making an architectural statement for their façade, builders and specifiers often choose aluminium window pods that surround the window frame. They are the perfect option to satisfy the design requirements of any façade project since Corrivo can produce them in a huge variety of sizes and practically any Reichs-Ausschuss für Lieferbedingungen (RAL) colour. “We’re always reacting to the demands of our customers to adjust our product range, and after manufacturing some window pods for...
National Aluminium Company Limited (NALCO) axed its aluminium ingot and aluminium products prices by INR 4,000 per tonne on Tuesday, February 28. That brought the company’s aluminium ingot price to INR 224,150-227,650 per tonne versus INR 228,150-231,650 per tonne on February 23. NALCO’s latest price cut pulled down its aluminium wire rod price to INR 228,650-233,000 per tonne from INR 232,650-237,000 per tonne last week . The company’s aluminium billets price ranged between INR 228,600-231,250 per tonne, compared to INR 232,600-235,250 per tonne about a week ago. NALCO links its alumiium ingot and aluminium products prices to the three month of futures of aluminium on the London Metal Exchange, which plunged by US$68.50 per tonne during February 23-28 from US$2,368.50 per tonne to...
The BMW Landshut light metal foundry uses solar-powered aluminium in addition to recycling waste metal that is recovered during the casting process. As per reports, the Landshut light metal foundry has been recertified by the impartial party for its sustainable use of aluminium, meeting the requirements of the Aluminium Stewardship Initiative (ASI), an international non-profit organisation backed by aluminium producers and processing businesses. The auditing criteria demand conformity with requirements for transparency, general management, corporate integrity, and proof of material stewardship, such as a thorough lifecycle analysis of the company's goods and a complete recycling strategy. In December 2019, the first certification that met the criteria for material stewardship was...
Mundra Aluminium Ltd, a wholly-owned subsidiary of Adani Enterprises incorporated in December 2021, is selected as the preferred bidder for the Kutrumali bauxite block by the Odisha government. The news came after the company received a letter of intent dated February 27, 2023, from the Odisha government regarding the mineral block in Odisha. Adani Enterprises said in an exchange filing, "We are pleased to inform that based on the outcome of the auction proceedings, Mundra Aluminium has been declared the "preferred bidder" and subsequently, a Letter of Intent dated February 27 has been issued by the Government of Odisha in respect of the following mineral block in Odisha." Following the news, shares of Adani Enterprises, the flagship company of Adani Group, soared 12 per cent to INR...
The high-quality aluminium extrusion company and leading professional extrusion manufacturer in China, Fonnov Aluminium, has introduced a new product to its fleet of customized aluminium extrusion products designed to increase the proficiency of hydrogen fuel vehicles. Since its debut in 2015, vehicles powered by hydrogen have advanced significantly. They initially encountered several difficulties, including the need for additional infrastructure for refuelling, high prices, and a constrained range. However, technological advancements have addressed these issues, and hydrogen-fuel vehicles are becoming more popular. Hydrogen fuel cell cars are quiet, energy efficient, produce no emissions, and have equivalent range and performance to gasoline counterparts. They are eco-friendly and a...
On Tuesday, February 28, OnePlus announced it would launch its new phone OnePlus Ace 2V on March 7 in China, highlighting a few premium features of the device. On the official Chinese Weibo account, OnePlus posted that its new product, the brand’s first-ever mid-ranger, would feature flagship-grade flat aluminium side rails, along with a premium glass back to boot, similar to iPhone 14 series. The phone is assured to not only look good in the hands but beautiful to the eyes because of narrow bezel. Louis Lee, CEO of OnePlus China, shared a photo of the phone with side bezels as thin as 1.46mm and a bottom chin bezel as thin as 2.31mm, comparable to flagships like the Xiaomi 13, iPhone 14, and Samsung Galaxy S23. Louis also stated that OnePlus Ace 2V would be available in two colour...
