AlCircle News Edited By "Debanjali Sengupta"
Debanjali Sengupta is a passionate content writer with 10 years of experience in Business writing, Web Content writing, Blogging, Editing and Research. She is responsible for generating and editing content for AlCircle Newsletter and other online and offline content for enhancing the brand value and its visibility among global users.
Geoff's primary aluminium production pathway to zero carbon unveiled at Aluminium Online Showcase
Earlier this week, Geoff Matthews, Futurist, Future Aluminium Forum Advisory Board Member and Energy Sector Lead for EnPot Ltd, unveiled the first proposed pathway to zero carbon for primary aluminium production at the Aluminium Online Showcase 'Green Technologies' session. Geoff Matthews said the...
Recovery in China’s metal market resulting in incessant rise in unwrought aluminium imports may lead to polarisation
Incessant increase in China’s unwrought aluminium imports indicates a rare inversion in normal trade patterns. In August 2020, China imported 393,000 tonnes of primary aluminium and unwrought alloy combined, close to the previous record of 394,000 tonnes in April 2009. It is no coincidence that...
Vedanta’s Cost of Production declines in June quarter in tandem with lower output, alumina CoP drops by $54/t Q-o-Q
The downfall in Vedanta's production in the first quarter of fiscal 2021 has resulted in a lower production cost (CoP) from $1,764 per tonne during the same period last year to $1,268 per tonne. According to the latest report, Vedanta's alumina production cost dropped by $54 per tonne from the...
Brazilian aluminium company CBA to continue to seek ‘green funding’ for its low-carbon aluminium initiative
According to a recent report, Brazilian aluminium producer Companhia Brasileira de Alumínio (CBA) will continue to seek ‘green funding’ for its low-carbon aluminium initiative. The company this year has already secured 500 million Reais ($90 million) to develop sustainability projects and offer...
Canada’s aluminium crude metal and alloys exports to US continue to show downtrend in July 2020
Canada’s aluminium crude metal and alloys exports to the United States extended decline by 8.04 per cent for the second month in a row to stand at 206,000 tonnes in July 2020, found the US Geological Survey data. Canada’s aluminium alloy exports to the US started decreasing from June after several...
AlCircle’s Global Aluminium Expo 2020: Grace Day 2 with your presence!
Welcome to the second and last day of AlCircle’s first-of-its-kind online “ Global Aluminium Expo 2020 .” We are delighted to share the success of Day 1 while expressing our gratitude to all the exhibitors and attendees for gracing the event with your presence. On the first day of the expo, the...
Irish Green Party politician proposes 'Cash for Cans' to boost empty aluminium can recycling
Eamon Michael Ryan, an Irish Green Party politician, has reportedly proposed a new idea to give people 20 cents a can for returning their empties. Ryan, who has also served as a Minister for the Environment, Climate and Communications and Minister for Transport, is proposing the idea to boost...
Benchmark aluminium price on LME ended slightly higher at $1755/t on October 6, 2020
Benchmark aluminium price on the London Metal Exchange rose by nearly 1 per cent to US$ 1755 per tonne on Tuesday, October 6, from US$ 1741.50 per tonne on Monday. As of Tuesday, both LME aluminium cash (bid) price and LME official settlement price continued to increase for the second day in a row,...
Lindian Resources reveals Mineral Resource Estimate of its newly-bought Lelouma Bauxite Project in Guinea
Mining stock Lindian Resources (LIN) has announced an update about its recently bought Lelouma Bauxite Project in Guinea. In late September, Lindian acquired a controlling stake in the bauxite project by signing an agreement to buy 75 per cent of its owner Sarmin Bauxite. The deal is, however,...
Worldwide production of aluminium aerosol cans remains almost unaffected by the COVID-19 pandemic: AEROBOL
The International Organisation of Aluminium Aerosol Container Manufacturers (AEROBOL) has reported that the COVID-19 pandemic has not been much successful in affecting the global production of aerosol cans. The output declined only moderately in the first half of 2020, said the organisation. “The...
US aluminium plates, sheets and bars exports to Canada hike 47% M-o-M in July but decline by 12% Y-o-Y
According to the US Geological Survey data, the United States in July 2020 exported 26,600 tonnes of aluminium plates, sheets and bars to Canada. In the earlier month, the US exported 18,100 tonnes, meaning July saw an increase of 46.96 per cent month-on-month in the US aluminium semis exports to...
Vetroplas produces 500ml refillable aluminium spray bottles for Neat
Vetroplas, in partnership with Envases, has produced 500ml refillable aluminium spray bottles for Neat multi-surface cleaning products. The bottles are coloured with white basecoat with one colour offset printing and an over-varnish. The aluminium bottles, formed with a 28/410 screw thread, also...
Alba receives two prestigious awards at 2020 MEIRA Annual Conference and Awards Ceremony
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, has received two prestigious awards – Leading Corporate for Investor Relations in Bahrain and Best Investor Relations Professional in Bahrain – at the 2020 Middle East Investor Relations Association (MEIRA) Annual...
Ghana to emerge as an automotive production hub in West Africa for its developing aluminium sector: Fitch Solutions
Fitch Solutions predicts Ghana to emerge as an automotive production hub in West Africa in the years to come. The ratings agency report suggests that comprehensive policy by the Ghana Government could be a potential factor for the nation to dominate West African automobile space in the future. “We...
DURA Automotive to build a new lightweight, aluminium automobile structures manufacturing facility in Alabama
DURA Automotive Systems recently had a groundbreaking ceremony of its state-of-the-art lightweight automobile structures manufacturing facility in Muscle Shoals, Alabama, US. This is the latest addition to DURA’s 31 worldwide sites. The construction of the new facility is estimated to complete by...
Vedanta Limited sees a downfall of 23.5% in its quarterly profit ended on June 30
Vedanta Limited announced that it saw a downfall of 23.5 per cent in its quarterly profit ended on June 30, attributing to lower production and demand amid the world’s strictest lockdown due to the COVID-19 pandemic. Billionaire Anil Agarwal’s group’s net income slumped to INR 1,033 crore ($141...
Benchmark aluminium price on LME ended 0.64% lower at $1705/t on Friday; SHFE was closed for National Day holidays
Benchmark aluminium price on the London Metal Exchange stood lower by 0.64 per cent at US$ 1705 per tonne on Friday, October 2, from US$ 1716 per tonne on Thursday. As of Friday, both LME aluminium cash (bid) price and LME official settlement price declined for the third consecutive day from US$...
LME aluminium price trended down this week from $1737/t to $1705/t; SHFE rose to $2120/t before National Day holidays
Three-month LME aluminium settled 1.28 per cent firmer at US$ 1784.50 per tonne on Monday, but ended 0.34% lower at US$1,778.5 per tonne on the very next day. LME aluminium cash (bid) price and LME official settlement price started the week on Monday, September 28, at US$ 1737 per tonne, increasing...
