Iran is expanding its domestic aluminium manufacturing capabilities through nanostructured anodising technology, developing specialised aluminium sheets and profiles for applications across aerospace, medical equipment, electronics and automotive industries. The initiative reflects a move towards higher-value aluminium products by improving the metal's surface properties and expanding its potential industrial applications. According to Pars Today, citing Mehr News Agency, an Iranian aluminium complex is using the technology to produce aluminium components with nanostructured ceramic coatings designed to improve resistance to corrosion and wear. The complex is also working on developing specialised aluminium standards and has so far established eight standards in this field. The...
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...
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Hydro will establish a separate company called Hydro REIN to provide renewable energy solutions for more sustainable industries. The company aims to help Hydro and other industrial clients succeed with their energy transition. “As part of Hydro’s strategic direction of strengthening our position in low-carbon aluminium and exploring new growth opportunities, we launched a separate unit last year called Renewable Growth. As we have now matured this initiative further, we are strengthening the organization, setting it up as a separate company and naming it Hydro REIN,” said Hydro’s President and CEO, Hilde Merete Aasheim. This separate unit will create several positions, in areas such as project development, technology, legal and sustainability. “We will facilitate access to affordable...
SMM aluminium ingot price has marked a hike for the second day in a row. The price stands at RMB 17490 per tonne on Friday, 09 April 2021, an increase of RMB 20 per tonne from Thursday’s price of RMB 17470 per tonne. The price is expected to move within a range of RMB 17470-17510 per tonne. In Foshan and Wuxi, the price has increased by RMB 30 per tonne each to stand at RMB 17510 per tonne and RMB 17500 per tonne on Friday, 09 April 2021. In Hangzhou and Chongqing, the price has inched up by RMB 15 per tonne and RMB 10 per tonne to stand at RMB 17525 per tonne and RMB 17460 per tonne. Aluminium ingot prices in Shenyang, Tianjin and Linyi have risen to stand at RMB 17475 per tonne, RMB 17480 per tonne, and RMB 17500 per tonne. Australian alumina FOB price stands USD 2.5 per tonne higher at...
The Eurofoil factory in Rugles, France specializing in aluminium foils focus to sustain its activity and development. Eric Ligerot, General Manager, Eurofoil, admitted: "socially, it was difficult to live. After the Employment Protection Plan (PSE) in 2015 at the Eurofoil factory in Rugles (Eure), specializing in the production of aluminium foils, the director and the whole team had to raise their heads and go from the front.” “And today, the disparaging image of previous years marked by the PSE is over. Even if all is not rosy, the indicators are green for this company existing since 1947 and which operates on its 11-hectare site.” “Since 2015, we have maintained the number of employees on the site, i.e. 200 in the Rugles basin. The company had lost 94 employees due to the safeguard...
Three-month LME aluminium settled 1.15 per tonne higher at US$ 2,285.50 per tonne on Thursday, and is expected to trade between US$ 2,250-2,310 per tonne today. LME aluminium cash (bid) price and LME official settlement price surged by US$ 28 per tonne or 1.25 per cent to settle at US$ 2267.50 per tonne as of Thursday, April 8. 3-months bid price and 3-months offer price grew by US$ 21.50 per tonne to stand at US$ 2280 per tonne. Dec 22 bid price and Dec 22 offer price crossed the US$ 2300 per tonne level to reach US$ 2314 per tonne, soaring by US$ 55.50 per tonne. The LME aluminium opening stock inched up from 1860125 tonnes to 1860850 tonnes on Thursday, April 8. Live Warrants totalled 1344575 tonnes, while Cancelled Warrants stood at 516275 tonnes. LME aluminium 3-months Asian...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China declined by 12,800 tonnes from a week ago to 181,000 tonnes as of Thursday April 8. Aluminium billet outbound quantity decreased by 9,200 tonnes on the week to 56,800 tonnes last week. The inventories are likely to reduce slightly next week. The chart below indicates the current status of aluminium billet inventories across China in more details: Inventories of aluminium billets in Foshan and Wuxi fell sharply by 7,100 tonnes and 4,100 tonnes. The stocks came in at 94,700 tonnes and 45,600 tonnes on Thursday, 08 April 2021, from 101,800 tonnes and 49,700 tonnes on April 1. Huzhou inventories remained unchanged at 11,000 tonnes. The aluminium billets inventories in Changzhou and...
Shanghai Metals Market data showed primary aluminium inventories in China lost 23,000 tonnes across eight major consumption areas, including SHFE areas, to stand at 1.23 million tonnes as of April 8, 2021. Last week on April 1, the inventories stood at 1.251 tonnes across China, climbing by 8,000 tonnes week-on-week. The chart below indicates the current status of primary aluminium inventories across China in more details: In Gongyi, primary aluminium inventories decreased by 14,000 tonnes week-on-week to come in at 175,000 tonnes, while the stocks in Nanhai plunged by 12,000 tonnes to settle at 303,000 tonnes. In Shanghai and Tianjin, primary aluminium inventories dropped 3,000 tonnes and 2,000 tonnes to clock at 96,000 tonnes and 58,000 tonnes, respectively. In Hangzhou, the inventories...
Vedanta has hikes its aluminium products price for the three consecutive days. With effect from Thursday, 08 April 2021, the prices of some aluminium ingots are in the range of INR 192,750-205,750 per tonne. The price has marked a growth of 0.78% or INR 1,500 per tonne from INR 191,250-204,250 per tonne on April 7. The company is selling its billets price at INR 200,750 per tonne, marking an increase of INR 1,500 per tonne from INR 199,250 per tonne on April 7. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on LME has been increasing since October. The price has climbed nearly 14% in the October-December. Vedanta’s aluminium business typically accounts for one-third of the company’s...
Hindalco Industries Limited has increased its aluminium products and aluminium ingot prices for the second day in a row on Thursday, April 8. Hindalco has expanded its aluminium wire rod price by INR 1,500 per tonne with effect from April 8 compared to the hike of INR 2,750 per tonne on April 7. So, as of April 8, Hindalco's aluminium wire rod price is standing at INR 203,600 per tonne versus INR 202,100 per tonne on the previous day. Hindalco’s aluminium billets price has come in at INR 199,600 per tonne, also up by INR 1,500 per tonne from INR 198,100 per tonne on April 7. Hindalco’s aluminium ingot price has also seen a hike of INR 1,500 per tonne from INR 191,000 per tonne on April 7 to INR 192,500 per tonne on April 8. Hindalco generally links its aluminium ingot and aluminium...
As a leading exporter of liquefied natural gas to Australia, Qatar lost its status in 2020, but it holds the position of the third-largest gas reserves in the world. The Emirate’s economy is thus heavily focused on the gas industry, which represents two-thirds of its GDP and almost 80% of export earnings. Since 2014, like other Gulf nations, Qatar has been hit by the global shrink in oil prices. However, the economic results have been better than that of its neighbours, due to successful economic diversification, namely via the development of large-scale projects. The peninsular Arab country has recorded 4004 tonnes of aluminium foil importation during 2018-19 and the revenue expended for the import stood at $12.09 million. The import for 2020 is registered at 3680 tonnes and the...
Like the global aluminium industry, Ghana’s new integrated aluminium industry is going to be highly-energy intensive, requiring 500 megawatts of direct and stable power supply to be able to operate effectively. Ghana is in the process of expanding its existing bauxite mine in Awaso and developing additional mines in Nyinahin-Mpasaso and Kyebi. The country also plans to expand its existing VALCO smelter and develop a second smelter to increase its aluminium production capacity. Besides, it aspires to establish at least two refineries with the goal of maximising in-country value by refining bauxite into alumina. Chief Executive Officer of Ghana Integrated Aluminium Development Corporation (GIADEC), Mr Michael Ansah, informed that they already started corresponding with power companies for...
Ionic Rare Earths Limited (IonicRE) has inked a Memorandum of Understanding with rare earth miner Aluminium Corporation of China subsidiary, China Rare Metals and Rare Earth (Jiangsu) Co., Ltd for the development of its Makuutu Rare Earths Project in Uganda. Both the parties will cooperate to accelerate Makuutu mine development and production including potential off take agreements and Project funding. IonicRE Managing Director Tim Harrison commented: “We are very pleased to have signed this MOU which, further endorses the quality of the Project and its strategic importance, and will now enable the Makuutu Rare Earths Project to rapidly advance activities in the near term. We welcome the involvement of CHINALCO and their ionic clay and rare earths separation arm China Rare Earths Jiangsu....
S.Pellegrino Sparkling Natural Mineral Water has launched new line of coffee-inspired S.Pellegrino Essenza. Essenza contains 30mg of caffeine and zero calories and sweeteners. S.Pellegrino offers three flavour combinations: Exotic Vanilla & Coffee flavours, Delicious Cocoa & Coffee flavours and Smooth Caramel & Coffee flavours. "Building on the popularity of our S.Pellegrino Essenza, featuring fresh Mediterranean fruit flavors, we turned to Italian coffee bars as inspiration for this new line," said Sara Mayer, Senior Marketing Manager for S.Pellegrino. "With sophisticated and indulgent hints of vanilla, cocoa and caramel, and a gentle dose of caffeine, this new offering is the perfect accompaniment to perk up your daily breaks and snack times." The new S.Pellegrino Essenza line of...
Vedanta Aluminium & Power Business, India’s largest producer of aluminium and value-added products, is facilitating hundreds of MSMEs in remote rural areas with its innovative ‘Waste to Wealth’ programme. This programme is part of Vedanta’s sustainability goals and commitments toward socio-economic development in some of the country’s aspirational districts. Vedanta’s Waste to Wealth programme is focused on ‘Zero Harm, Zero Waste and Zero Discharge’. As part of the initiative, the company is assisting local micro-enterprises in making nearly 5 lakh tonnes per annum of fly-ash brick. Vedanta is also providing know-how and training on manufacturing these bricks in partnership with technical institutes, which is creating employment avenues and promoting a circular economy. The beneficiaries...
Three-month LME aluminium edged down by 0.02% to close at US$2,259.5 per tonne on Wednesday. It is expected to fluctuate between US$2,230-2,280 per tonne today. As of Wednesday, April 7, LME aluminium cash (bid) price stands at US$ 2239.50 per tonne, LME official settlement price stands at US$ 2239.50 per tonne; 3-months bid price stands at US$ 2258.50per tonne, 3-months offer price is US$ 2258.50 per tonne; Dec 22 bid price stands at US$ 2258.50per tonne, and Dec 22 offer price stands at US$ 2258.50per tonne. The LME aluminium opening stock stood at 1860125 tonnes. Live Warrants totalled 1337675 tonnes, and Cancelled Warrants were 522450 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2259.31per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE...
Increase in domestic primary aluminium consumption has led to the growth in China’s A00 aluminium ingot price for the second day this week, even amid the muted raw materials costs. According to the Shanghai Metals Market, A00 aluminium ingot price has built up by RMB 80 per tonne on Thursday, April 8, to settle at RMB 17,470 per tonne. The average prices are expected to range between RMB 17,450 per tonne and RMB 17,490 per tonne, with spot contract to be traded at a premium price of RMB 50-10 per tonne. In Foshan and Hangzhou, A00 aluminium ingot price has grown the highest by RMB 90 per tonne to clock at RMB 17,480 per tonne and RMB 17,510 per tonne, respectively. In Gongyi, the price has climbed by RMB 80 per tonne to RMB 17,360 per tonne, while the price in Chongqing and Tianjin has...
Africa’s one of the largest aluminium exporters, Hulamin confirmed that its extrusion plant, in Olifantsfontein, Midrand has been acquired by integrated South African metals company Alfeco Group. The recently acquired extrusion assets, which are now part of Alfeco’s new aluminium division, with a capacity of 20,000 tonnes per year, have been renamed as Veer Aluminium. The aluminium extrusion division acquisition highlights further growth and commodity diversification to include in its ferrous and nonferrous metals portfolio. Presently Veer is re-commissioning the operation and is also embarking on a significant expansion project. As South Africa currently recycles very little of its aluminium scrap, so the expanded plant will strategically incorporate a fully integrated model that will be...
Hindalco Industries Limited has continued to raise its aluminium products price. With effect from Wednesday, April 7 2021, aluminium billets price stands at INR 198,100 per tonne, an increase of INR 2,750 per tonne from INR 195,350 per tonne on March 31. Aluminium ingot and wire rods prices stand at INR 191,000 per tonne and INR 202,100 per tonne as of Wednesday, 07 April 2021, an increase of more than 1% from INR 188,250 per tonne and INR 199,350 per tonne per tonne on March 13. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on LME has been increasing since October. The price has climbed nearly 14% in the October-December. Aluminium operations of the company, excluding those of its...
Vedanta has raised its aluminium products price for the second day in a row. With effect from Wednesday, 07 April 2021, the prices of some aluminium ingots stand at INR 191,250-204,250 per tonne, indicating an increase of 1.25% or INR 2,500 per tonne from INR 188,750-201,750 per tonne on April 6. The company is selling its billets price at INR 199,250 per tonne on Wednesday, 07 April 2021. This is up by INR 2,500 per tonne from INR 196,750 per tonne on April 6. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on LME has been increasing since October. The price has climbed nearly 14% in the October-December. Vedanta’s aluminium business typically accounts for one-third of the company’s...
