CIE Automotive India Limited has begun dispatching notices to shareholders and unsecured creditors for its proposed merger with wholly owned subsidiary CIE Aluminium Casting India Limited, following an order from the National Company Law Tribunal (NCLT), Mumbai Bench, dated September 24, 2026. The merger would bring the aluminium casting subsidiary into the parent company’s corporate structure, with the board having approved the scheme on April 23, 2026. The company has cited operational efficiencies, economies of scale and synergies between the businesses as key reasons for the proposed amalgamation. Merger proceeds without new share issuance A key feature of the scheme is that CIE Automotive India will not issue new shares as consideration for the merger. As CIE Aluminium Casting India...
The aluminium industry is undergoing a data-driven transformation, with recycling now delivering up to 95 per cent energy savings, achieving a 75 per cent global can recycling rate, and processing nearly 42 million tonnes of scrap annually. These figures are not just environmental milestones—they are reshaping supply chains, pricing, and national strategies as primary aluminium faces structural deficits and carbon constraints. Where 1.5 billion tonnes of aluminium went Of the roughly 1.5 billion tonnes of aluminium produced since 1888, about 1.1 billion tonnes (around three-quarters) remained in productive use in the 2019 estimate. Within that total, approximately 750 million tonnes were still in their first use, while about 370 million tonnes had been recycled and reused. In other words,...
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Hindalco Industries Limited has continued to significantly cut its aluminium products and aluminium ingot prices for the second consecutive day, with effect from Friday, September 2. The company has reduced its aluminium wire rod price by INR 14,000 per tonne or 5.96 per cent to INR 220,850 per tonne versus a cut of INR 8,000 per tonne on August 31 to INR 234,850 per tonne. Hindalco’s aluminium billets price has also been axed by INR 14,000 per tonne on September 2 to INR 223,850 per tonne. On August 31, the price stood at INR 237,850 per tonne, seeing a downfall of INR 8,000 per tonne. The aluminium giant has also knocked its aluminium ingot price down by the same amount to INR 209,750 per tonne from INR 223,750 per tonne on August 31. Hindalco has chopped its aluminium prices in line...
As part of its joint venture and license agreement with a leading residue processor, PyroGenesis Canada Inc. has provided an update on its encouraging progress. The JV partner conducted preliminary residue testing from an operational DROSRITE facility. According to the results, the residues are of such high quality that they can be processed into highly marketable products. A high-technology company, PyroGenesis Canada Inc. develops and manufactures advanced plasma processes and sustainable solutions that reduce greenhouse gases (GHG) and are economically attractive alternatives to conventional "dirty" methods. PyroGenesis Canada Inc. is a leader in this field. P. Peter Pascali, the CEO of PyroGenesis Canada, stated, "We are delighted to announce today that for the very first time, the...
One of the largest manufacturers of aluminium in the world, Novelis Inc., stated that it will not take Russian aluminium in any prospective new contracts to supply its European facilities in the coming years. This decision might set the tone for future contract discussions throughout the sector. Russia is a major producer of aluminium, nickel, and copper, all of which have not been sanctioned by Europe or the United States. Although many in the industry, particularly in Europe, have avoided Russian metal since the Ukraine invasion, global trade continues through multi-year or annual deals already in place when the conflict began. As one of the world's major aluminium manufacturers, Novelis has placed a bid on 2023 supply to its European plants that prohibits any Russian metal from being...
The United States imports of crude and dried bauxite continued to roll down through the past three quarters, starting Q4 2021. According to the data shown by the US Census Bureau, the country’s crude and dried bauxite imports has recorded a quarterly fall of 92,000 tonnes or 12.50 per cent for 2Q2022 to 644,000 tonnes. In Q1 of the year, the imports stood at 736,000 tonnes, down by 6.12 per cent from 784,000 tonnes in the previous quarter. On a year-on-year calculation, the United States’ crude and dried bauxite imports edged 9,000 tonnes or 12.26 per cent lower than 734,000 tonnes. In the first half of 2022, the United States imports totalled 1.38 million tonnes, which reflected a fall of 3.5 per cent from 1.43 million tonnes. Jamaica continued to be the primary provider of crude and...
HMD Global inherited the trusted Finnish mobile maker Nokia in December 2016 and, since then, has been continuously trying to explore innovations with the brand’s namesake. During an eco-friendly subscription service at IFA 2022 in Berlin, HMD unveiled four new Nokia devices that have been constituted with 65 per cent recycled plastic and 100 per cent recycled aluminium. The latest Nokia X30 5G model revealed by HMD at the IFA is the most sustainable mobile phone from the company to date. The framework of the device is sturdy and has been comprised of 100 per cent recycled aluminium, while the back cover flaunts 65 per cent recycled plastic. With the world moving towards Net Zero, many acknowledged companies are taking their first pledge towards sustainability. HMD wishes to keep up with...
On September 1, 2022, Aluminium Bahrain B.S.C. (Alba) emerged as the first smelter in the region to achieve a historic milestone of 30 Million Safe Working Hours without Lost Time Injury (LTI). This is the best milestone in Safety achieved to date, and it reflects Alba’s commitments and efforts towards strong safety culture and value. According to Ali Al Baqali, Alba’s Chief Executive Officer, there is no better policy than ensuring safety of employees. The aim should be to achieve more than this milestone, hit higher benchmarks, and accomplish zero-accident work environment. Mr Baqali said: “30 Million Safe Working Hours without LTI is a legacy for future generations not just in Alba but also in the Region. Achieving such a historic Safety record alongside our best-ever financial...
LME aluminium opened at US$2,310.5 per tonne on Thursday and closed at US$2,316.5 per tonne, an increase of US$11.5 per tonne or 0.5 per cent. On Thursday, the price of aluminium fell to its lowest level in 16 months as new concerns about poor demand arose in the wake of disappointing economic data. As per the data, both LME aluminium cash bid price and LME aluminium official settlement price nosedived by US$62.5 per tonne or 2.63 per cent to settle at US$2,305.50 per tonne and US$2,306 per tonne. 3-month bid price and 3-month offer price also plunged by US$55.5 per tonne or 2.35 per cent to rest at US$2,300.50 per tonne and US$2,301.50 per tonne. December 23 bid price and December 23 offer price tumbled by US$53 per tonne or 2.20 per cent and 2.19 per cent to score at US$2,352 per tonne...
A00 aluminium ingot price has plummeted by RMB 240 per tonne to close at RMB 18,110 per tonne, as the Shanghai Metals Market recorded on Friday, September 2. The average prices are expected to range between RMB 18,090 per tonne and RMB 18,130 per tonne, with spot contracts trading at discount prices of RMB 50 per tonne and RMB 10 per tonne. The provinces in China have witnessed a plunge in aluminium prices today, with A00 aluminium ingot prices dropping the highest in Wuxi and Hangzhou by RMB 240 per tonne to RMB 18,100 per tonne and RMB 18,150 per tonne, respectively. The prices of aluminium in Foshan, Chongqing and Linyi recorded an RMB 210 per tonne downfall to settle at RMB 18,030 per tonne, RMB 18,140 per tonne and 18,190 per tonne. The primary aluminium prices in Gongyi and Shenyang...
The United States’ domestic primary aluminium production in June 2022 stood at 78,000 tonnes, bringing the total output of the first half of the year to 485,000 tonnes, showed the US Census Bureau. The United States’ primary aluminium production in June reflected a decrease of 6,000 tonnes or 7.14 per cent from 84,000 tonnes. In the second quarter of 2022 (from April to June), the United States churned out 244,000 tonnes of primary aluminium – 1.24 per cent or 3,000 tonnes higher than 241,000 tonnes in Q1 2022. The daily averageproduction in June 2022 was 2,620 tonnes, down by 2.96 per cent from 2,700 tonnes in May but 9 per cent higher than in June 2021. Total aluminium recovered from scrap in June 2022 was 286,000 tonnes – 6,000 tonnes or 2.05 per cent less than 292,000 tonnes in May...
The Guinean government hosted mining operators at the Prime Minister's office at the initiative of Prime Minister Bernard Goumou, accompanied by the Minister of Mines and Geology Moussa Magassouba and senior executives from his office. This meeting aimed to re-establish trust between mining operators and the government and restore confidence in the Guinea mining sector business. As a result, the government has initiated reforms promoting SME creation and environmental protection. The West African nation Guinea has the world's largest bauxite reserves and is also the biggest exporter of bauxite. The government's main request to operators now is to declare the quantity of bauxite leaving the country and follow the method introduced since the advent of the junta in power. The Minister of...
Nanjing Chervon Auto Precision Technology Co., Ltd joined Aluminium Stewardship Initiative as its new Industrial User member. Chervon's primary business activities include developing, manufacturing, and selling essential automotive components. A product system focusing on vehicle heat exchange parts, transmission parts, engine parts, and new energy auto components has steadily developed. The business has recently achieved strides in lightweight, electric, and smart cars. The company has developed new system components of motor housings, steering system components, electronic brakes and parking components, etc., with innovative technologies like aluminium alloy welding, lost core casting, precision ring gear manufacturing technology, etc., which will provide a broader space for the...
Linke Hofmann Busch (LHB) coaches were first developed for Indian Railways by the German company, Linke-Hofmann-Busch, presently known as Alstom Transport Deutschland. These coaches have been used in the country since 2000 on the 5 ft 6 in (1,676 mm) broad gauge Indian Railways network. Now, it has been notified that seven trains conducting services in Kerala will receive modern Linke Hofmann Busch coaches from August 1. Linke Hofmann Busch coaches have steel outside but their insides are forged with aluminium to curb the extra weightage of the train body. Aluminium is quite lighter than steel and it skilfully replaces the application of steel in making the interior of the trains. Linke Hofmann Busch coaches are a perfect amalgamation of strength and a modern minimalistic approach where...
Through the first half of 2022, the North American aluminium industry (U.S. and Canada) recorded a year-to-date growth of 6.6 per cent, said the monthly Aluminium Situation report released by the Aluminum Association. This is an addition to a nearly 8 per cent year-over-year growth predicted for 2021, based on demand levels expected for the first quarter. Since 2021, the Aluminium Association member firms have announced more than $3.7 billion in domestic manufacturing activities, including the first brand-new greenfield U.S. sites. Over $4 billion in new aluminium investments have been reported by other companies in recent months. “We are seeing strong demand and truly unprecedented levels of investment in the U.S. aluminum industry today. America is one of the best places in the world to...
According to the Shanghai Metals Market, social inventories of primary aluminium across eight major Chinese consumption areas, including SHFE warrants, have gained 4,000 tonnes over the week ended Thursday, September 1, to reach 683,000 tonnes. From Monday, August 29, the inventories are up by 1,000 tonnes; and higher by 5,000 tonnes than at the beginning of August. The week-on-week increase in inventories on September 1 has primarily been contributed by Wuxi, while other provinces have either recorded downfall or remained restrained. The chart below indicates the current status of primary aluminium inventories across China in more details: In Wuxi, primary aluminium inventories have surged by 16,000 tonnes week-on-week to stand at 216,000 tonnes as of September 1, but that in Nanhai and...
JACOBS DOUWE EGBERTS UK (JDE), a sister concern of JDE Peet's, the globally acknowledged pure-play coffee and tea company based in the Netherlands, has launched its latest coffee system to meet the local demand for freshly brewed coffee. The L'OR BARISTA coffee machines created in collaboration with technology innovator Philips is being released along with a set of recyclable L'OR BARISTA XXL aluminium capsules. L'OR BARISTA coffee machines are the first in the UK to be compatible with regular single shot capsules and the new modified L'OR BARISTA XXL aluminium capsules. The special capsules can hold twice as much coffee as a regular coffee pod and are available in flavours such as Ristrettos, Lungos and Espressos. These L'OR BARISTA coffee machines allow coffee pod inserts of all kinds,...
Vedanta Limited has continued to cut its aluminium products and aluminium ingot prices, with effect from Thursday, September 1, for the second day in a row. The company has cut its aluminium wire rod price by INR 3,250 per tonne to sell the product at INR 225,750-233,250 per tonne. On September 31, Vedanta’s aluminium wire rod price stood at INR 229000-236500, significantly down by INR 8,250 per tonne from the previous day. Vedanta’s aluminium billet price has also experienced a trim of INR 3,250 per tonne to INR 227,250 per tonne on September 1, after facing a hit of INR 8,250 per tonne to INR 230,500 per tonne on August 31. Aluminium ingot price has slid to the range of INR 218,250- 247,750 per tonne on September 1 from 221500-251000 on August 31. Vedanta links its aluminium ingot and...
Japanese multinational brewing and distilling company Suntory Holdings will be using the world's first 100 per cent recycled aluminium cans for its limited edition of The Premium Malt's CO2 Reduction Can (350ml, 5.5% ABV) and The Premium Malt's "Kaoru" Ale CO2 Reduction Can (350ml, 6% ABV). These cans will be sold in stores across Japan in a limited quantity starting on Tuesday, September 6th. The Suntory Group seeks to foster a circular economy and considers the environmental impact of packaging and containers across the complete product life cycle, from product design through transportation and recycling after consumption. UACJ Corporation and Toyo Seikan Group Holdings, Ltd. collaborated to produce industry-first, 100 per cent recycled aluminium cans, which emit 60 per cent less CO2...
Alcoa’s old smelting unit, situated at Portoscuso, Italy, is to be rejuvenated by the efforts of Sider Alloy Italia with a considerable amount of investment. The company’s agreement with Sistem Teknik, a leading maker of industrial furnaces for more than four decades, has resulted in the delivery of a homogenising furnace to be installed in the plant. The worldwide aluminium industry is gradually expanding, and these continuous lines can be of better use than the conventional method in the current market. Since there is complete utilisation of the process, cycle-time and energy consumption rate would also be lesser than the batch-type melting of the metal. The homogenising furnace creates a perfect thermal balance as each billet in a continuous homogenising line can endure equal cooling...
