Amazon's Kindle made of aluminium introduces recycled aluminium into its entry-level e-reader range, highlighting the metal's growing application in consumer electronics. The aluminium-backed model combines a rigid metallic construction with a matte finish, built-in magnets for folio covers and a design that allows users to replace the battery. Compared with the standard plastic Kindle (2026), the aluminium version also offers additional storage and an ad-free lock screen. The Kindle made of aluminium features a rigid, matte-finished metal chassis that provides a premium appearance while eliminating body flex and naturally resisting oily fingerprint marks. Its construction incorporates built-in magnets on the back for attaching snap-on folio covers, while accessible external Torx screws...
Emirates Global Aluminium (EGA) has been named a strategic partner of Dubai Future Week 2026, highlighting the aluminium producer's focus on industrial innovation, artificial intelligence and advanced manufacturing as the UAE looks to strengthen its future industrial capabilities. Organised by the Dubai Future Foundation (DFF), Dubai Future Week will take place from November 18 to 21, 2026, at Emirates Towers and the Museum of the Future under the theme 'For the Human of the Future'. The event is expected to attract more than 10,000 participants, including business leaders, policymakers, investors, entrepreneurs, innovators and technology experts from around the world. EGA's participation will bring attention to its ongoing industrial transformation, which includes developing proprietary...
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Vedanta Limited announced its audited consolidated results for the fourth quarter and full year ended 31st March 2021. For Q4 FY2021, the company reported all time high EBITDA at INR 9,107 crore, up 18% quarter-on-quarter and 88% year-on-year due to “higher volumes at Zinc India, Aluminium & Iron Ore business and higher commodity & oil prices in Q4 FY2021, partially offset by higher COP at Aluminium and steel business majorly due to input commodity inflation.” For the FY2021, EBITDA stood at INR 27,341 crore, an increase of 30%. In Q4, Vedanta’s attributable Profit after Tax (PAT) before exceptional items stood at INR7,013 crore. For FY2021, Attributable Profit after Tax (PAT) before exceptional items came in at INR 12,151 crore. Vedanta reported higher ever Aluminium production of 1.969...
On Wednesday, May 12, the Union Cabinet approved the implementation of the Production Linked Incentive (PLI) Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ for promoting battery storage manufacture at an estimated outlay of INR 18,000 crore. The proposal aims to achieve a manufacturing capacity of 50 Gigawatt Hour of ACC and 5 GWh of niche ACC and expects to attract an investment of INR 45,0000 crore, said Information and Broadcasting minister Prakhash Javadekar after the Cabinet meeting. He also said the implementation of this scheme would encourage the growth of consumer electronics, electric vehicles, advanced electricity grids, solar rooftops, etc., which are major battery-consuming sectors. It is also expected that the dominant battery technologies will...
The Tomago Aluminium’s annual awards show that held at the Newcastle Exhibition Centre in Australia recognised the efforts of individuals and teams employed by the company to enhance the smelter’s operations. While presenting awards to individuals and teams by Stacey Sleeman, CFO of Tomago Aluminium, said: “The Company encourages its employees to continually strive for improvement and to look for new, different and better ways of doing things.” A plan designed to decrease equipment failures at Tomago Aluminium, Australia’s biggest aluminium smelter while maximising reliability and reducing routine maintenance costs by more than $485,000 annually, rewarded its innovator the top individual prize in this year’s awards while a plan to recycle used anode pins took out the team prize. Leigh...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, reduced by 54,000 tonnes from the week before to 1.06 million tonnes as of Thursday, 13 May 2021. The chart below shows the status of the primary aluminium inventories across China in more details: Primary aluminium stocks in Gongyi declined the most. The stocks in Gongyi stood at 110,000 tonnes on Thursday, 13 May 2021, down 24,000 tonnes from May 6. In Shanghai, Wuxi and Nanhai, the inventories decreased by 5,000 tonnes, 14,000 tonnes and 10,000 tonnes from last Thursday to stand at 97,000 tonnes, 413,000 tonnes and 260,000 tonnes. Hangzhou stocks remained unchanged at 100,000 tonnes. Inventories of primary aluminium in Tianjin and Chongqing...
Aluminium billet inventories in China decreased this week, ending on May 13, following a slight rise last week. According to the Shanghai Metals Market data, 6063 aluminium billet stocks shrank by 33,900 tonnes across the five major Chinese consumption areas to come in at 105,200 tonnes. SMM expects aluminium billet inventories to continue to fall next week as most of the large-scale aluminium extrusion plants operated at full capacity to fulfil orders. The chart below indicates the current status of aluminium billet inventories across China in more details: Foshan has seen the highest plunge in aluminium billet inventories this week of 12,000 tonnes from 63,000 tonnes on May 6 to 51,000 tonnes on May 13. In Huzhou, billet inventories declines by 10,000 tonnes to come in at 8,000 tonnes,...
In March 2021, Peter Kazimir, Governor, National Bank of Slovakia (NBS) stated that the economy could return to its pre-pandemic level already in 2021, supported mainly by solid foreign demand. The central bank has lowered its forecast for this year’s gross domestic product (GDP) growth to 5.0%, but that would still outpace most of Slovakia’s peers in the European Union, including the neighbouring Czech Republic where a 2.2% expansion is seen this year. The landlocked central European country, Slovakia imported 14,635 tonnes of aluminium wires during 2018-19 and the revenue expenditure that occurred was $32.56 million. The import for 2020 was noted at 9797 tonnes and the expenditure remained at $16.55 million. However, when the aluminium wire import volume and expenditure of 2020 get...
Roeslein & Associates has expanded its capacity and capabilities to meet demand for aluminium beverage can manufacturing plants. The expansion covers additional global fabrication space and the new Building Design and Construction group led by Dean Foth. “The demand for aluminum beverage cans is reaching unprecedented levels. We have been working these past five years toward our strategic growth plan to ensure that we are able to continue to keep pace and provide world-class services and products to our customers,” said Brian Sneed, President & COO of Roeslein. “Last year, we completed the engineering, manufacturing, and construction of 15 new can lines, which accounted for nearly 20 billion new cans in the industry. We were extremely proud to deliver all of these on schedule, despite a...
Recycled aluminium products manufacturer Chongqing Shunbo Aluminum Co has decided to construct a 5.6 billion yuan ($868.45 million) production base in China’s eastern Anhui province, Reuters reported. In a filing to the Shenzhen Stock Exchange, Shunbo inked a deal with Bowang district in the city of Maanshan for the establishment of a project with annual production of 400,000 tonnes of green aluminium, 300,000 tonnes of slab and 200,000 tonnes of aluminium bar. Aluminium products such as plate and foil can also be processed. The project’s first phase will start production in 2023 and the second phase is scheduled to begin by the end of 2025. China aims to recycle more aluminium to cut its environmental footprint and emissions from the energy-intensive smelting sector.
Hindalco’s aluminium ingot and aluminium products prices witnessed a decline on Wednesday, May 12, following a rise on the previous day. The company reduced its aluminium ingot price by INR 1,500 per tonne to INR 215,500 per tonne with effect from May 12. On May 11, the price stood at INR 217,000 per tonne, reflecting a hike of INR 2,750 per tonne from the previous day. Hindalco’s aluminium billets price came in at INR 222,600 per tonne compared to INR 224,100 per tonne on May 11. Since the latest hike on May 12, Hindalco Industries is selling its aluminium wire rod at INR 226,600 per tonne, which is also down by INR 1,500 per tonne from INR 228,100 per tonne on May 11. Hindalco links its aluminium products and aluminium ingot prices to the three-month futures of aluminium on the London...
The Saint-Claude, France-based MBF Aluminium which is on receivership for the last few months, received an offer for taking over on 11 th May 2021, which was presented but the Dijon commercial court still finds it too insufficient. A new hearing date is scheduled for 25 th May 2021. Earlier, the commercial court allotted time up to 10 th May, for a possible buyer to submit a viable offer for the takeover of MBF Aluminum. However, only one application arrived, that of Mikaël Azoulay, who learned of the case on 9 th April 2021. “It was judged that I did not have enough equity”, said Mikaël. The court would like a candidate with a capital of €1 million. If the State and the Region have granted him loans, the court is first asking for private funds. "I am not in the automotive sector, taking...
Vedanta Limited, a subsidiary of Vedanta Resources Limited, has sharply cut its aluminium products and aluminium ingot prices with effect from Thursday, May 13. Vedanta's aluminium wire rod price has come in at INR 217,000-224,500 per tonne, down by INR 7,250 per tonne from INR 224,250-231,750 per tonne on Tuesday, May 11. Aluminium billet price has also been reduced by INR 7,250 per tonne on May 13 to INR 217,500 per tonne from INR 224,750 per tonne on May 11. The aluminium producer is selling its aluminium ingot price at INR 209,500-222,500 per tonne with effect from May 13 compared to INR 216,750-229,750 per tonne on May 11. Vedanta links its aluminium products and aluminium ingot prices to the three-month futures of aluminium on the London Metal Exchange, which during May 11-12...
As updated by Shanghai Metals Market, average spot alumina price in China has increased by RMB 10 per tonne on Thursday, 13 May 2021 after remaining flat on May 12. The price has come in at RMB 2398 per tonne today, from Tuesday’s price of 2388 per tonne. The prices of alumina in Henan, Shanxi, Guizhou and Guangxi China markets have risen to stand at RMB 2395 per tonne, RMB 2410 per tonne, RMB 2370 per tonne and RMB 2375 per tonne on Thursday, 13 May 2021. Alumina price in Shandong has remained unchanged at RMB 2390 per tonne. SMM aluminium ingot price has declined by RMB 160 per tonne to stand at RMB 19820 per tonne on Thursday, 13 May 2021, from RMB 19980 per tonne on Wednesday. The price is expected to range at RMB 19800-19840 per tonne. The Aluminium alloy (A356)) have inched down by...
Three-month LME aluminium fell 1.46 per cent to close at US$ 2,496 per tonne on Wednesday, May 12. It is expected that the contract will trade between US$ 2,450-2,520 per tonne today. LME aluminium cash (bid) price and LME official settlement price decreased for the second day in a row to stand at US$ 2,474 per tonne on Wednesday, May 12, down by US$ 75.50 per tonne or 2.96 per cent from May 11. 3-months bid price and 3-months offer price declined by US$ 72.50 per tonne from US$ 2,565 per tonne to US$ 2,492.50 per tonne. Dec 22 bid price and Dec 22 offer price came in at US$ 2,488 per tonne on Wednesday, reflecting a downtrend of US$ 60 per tonne from US$ 2,548 per tonne. The LME aluminium opening stock continued to decrease from 1780900 tonnes on May 11 to 1772700 tonnes on May 12. Live...
The aluminium associations of the United States of America, Europe, Canada and Japan call on G7 governments to deliver leadership in support of ambitious multilateral and plurilateral negotiations to regulate trade-distorting government support and state ownership in industrial sectors. However, today, clear and compelling evidence of the existing multilateral subsidy rules are inadequate to remedy the scale and scope of state intervention in aluminium markets. The latest released report of the Organisation for Economic Cooperation and Development (OECD), “ Measuring distortions in international markets: Below-market finance ” ,, OECD Trade Policy Papers, No. 247, OECD Publishing, Paris, provides new insights across more than 300 firms in 13 industrial sectors. OECD analysis included 32...
Novelis announced net income attributable to its common shareholder of $176 million in the fourth quarter of fiscal year 2021, and net income from continuing operations of $180 million, with a year-on-year increase of 179 percent and 186 percent, respectively. For the full fiscal, net income attributable to its common shareholder was $236 million, and net income from continuing operations was $458 million. That was down 44 percent and up nine percent, respectively. Excluding special items in both years, fourth quarter fiscal 2021 Net income from continuing operations excluding special item was $172 million, up 12 percent on higher after-tax Adjusted EBITDA partially offset by higher depreciation and amortization associated with the acquired Aleris business. "With the ongoing successful...
The integrated gas-to-power company, New Fortress Energy (NFE) has confirmed the plan to sell out its recently constructed power plant at the Jamalco alumina refinery complex in Clarendon, Jamaica, and also admitted the sale will be materialized within months. However, the company as of now has not delivered any indication of the prospective buyer of the 150 MW plant, which was reportedly developed at an approx. cost of US$190 million and accomplished in early 2020. The Jamalco power plant is among assets, which New Fortress wants to divest, as it needs cash to finance its expansion. On 7 th May 2021, Wes Edens, the CEO said, on an investor call following the release of the company’s financial results: “We expect to close our first asset sale here this quarter.” The global leader in the...
The Aluminium Association of India (AAI) has requested the implementation of RoDTEP Scheme (Remission of Duties or Taxes on Export Products) for Indian Aluminium Industry on an immediate basis. The news came after senior officials of the ministries of Commerce & Industry and Finance & Corporate Affairs wrote a letter expressing the urgent need for at least 5 per cent remission rates for the Indian Aluminium Sector under RoDTEP Scheme to survive these challenging times. The Aluminium Association of India also requested a separate budget allocation for the aluminium industry to realise the immense potential to double aluminium exports in the next 2-3 years. AAI also asked the government to notify the actual remission rates as per actual sectoral data submitted to the RoDTEP Committee. The...
Aluphoenix Srl has joined ASI as a new Production & Transformation member, bringing the total number of ASI Members to 167. Aluphoenix Srl is specialized in manufacturing alloys of the series EN AB AB 41.000, 42.000, 43.000, 44.000, 45.000, 51.000 and 71.000. The production is managed according to the management system for the quality and environment developed and certified according to the standards ISO 9001:2015, IATF 16949:2016 and ISO 14001:2015. ”Aluphoenix Srl is deeply aware of the social responsibilihhty of its entrepreneurial activity, and is committed to contributing to the creation of an increasingly sustainable society worldwide,’’ said Lino Parise, CEO and Chairman. The Aluminium Stewardship Initiative (ASI) is a global, multi-stakeholder, non-profit standards setting and...
