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.
Alpha HPA manufactures 99.99% high purity alumina coating pre-cursor materials for lithium-ion batteries cathodes and anodes
Alpha HPA has reportedly manufactured a batch of 99.99% high purity alumina (HPA) coating pre-cursor material at its demonstration plant as part of its HPA First project that aims to produce 10,000 tonnes per annum HPA and related products. The material is meant for using in coating cathode and...
Indian Oil Corporation plans to launch aluminium-air batteries for EVs to help government achieve lower gas emissions
According to a recent report, State-run Indian Oil Corporation (IOC) is planning to offer a more cost-effective alternative to lithium-ion batteries for electric vehicles and stationary applications by launching the first-of-its-kind aluminium-air batteries. These batteries are likely to be...
China’s unwrought aluminium alloy imports continue to grow Y-o-Y in August but down M-o-M to 146,000 tonnes
China, the world’s top exporter of aluminium, turned net importer for the first time in July 2020 since 2009. On a year-on-year basis, the country’s imports in July increased seven-fold to record the second-highest level, according to the China customs data. In August, the imports of unwrought...
China’s A00 aluminium ingot price surges by RMB270/t after back-to-back fall and restraint; Imported bauxite price drops by $1/t
A00 aluminium ingot price has begun the week on Monday, September 28, by recording a sharp rise of RMB 270 per tonne to RMB 14,550 per tonne, found the Shanghai Metals Market. The primary aluminium ingot price has increased today after three consecutive days of hike from RMB 14,790 per tonne to RMB...
Coca-Cola to launch a new beverage ‘Topo Chico Hard Seltzer’ in sleek aluminium cans
Global beverage manufacturer Coca-Cola is reportedly launching a new beverage - Topo Chico Hard Seltzer in sleek aluminium cans in Mexico and Brazil. The product will come in three gluten-free flavours, Tangy Lemon Lime, Strawberry Guava and Pineapple Twist. Coca-Cola will start distributing the...
Constellium to present at 2020 Deutsche Bank Global Industrials & Materials Summit
Constellium announced that the company will present at the Deutsche Bank 11th Annual Global Industrials & Materials Summit. Jean-Marc Germain, Chief Executive Officer, and Peter Matt, Executive Vice President and Chief Financial Officer, will participate in the virtual Deutsche Bank Global...
LME to launch new cash-settled European duty-paid aluminium premium contract in 2021
According to a recent report, the London Metal Exchange will add to its aluminium pricing offering a new cash-settled European duty-paid aluminium premium contract settled against Fastmarkets’ benchmark Rotterdam premium. The news came after Alex Shaw, head of product development and research at...
Rio Tinto nearing the completion of its two alumina refineries maintenance work in Gladstone
Rio Tinto has considerably progressed with its $75 million planned maintenance shutdown work at two of its alumina refineries in Gladstone, Queensland this year. Despite the COVID-19 restrictions, the mining giant conducted maintenance work at Queensland Alumina Limited and Yarwun refinery by using...
LME aluminium price declined by over $20/t to stand at $1697/t; SHFE remained restrained
The US dollar traded at a two-month high and was set for a fifth day of gains on Thursday, September 24, as investors sought safety on concerns over economic recovery as coronavirus cases surged in Europe and on US data showed rising unemployment claims. As of Thursday, September 24, both LME...
European aluminium scrap buyers face hurdles as demand increases but not supply after months-long lockdown restrictions
European aluminium scrap prices have started rising in recent weeks as demand is increasing in the market tightened by limited supply due to the lack of fresh scrap generation over months of COVID-19 lockdown restrictions. Usage of scrap also fell but not as much as the generation of new scrap, as...
China’s aluminium billet inventories continue to increase this week by 3,900 tonnes on higher stock arrivals
According to the Shanghai Metals Market, China's aluminium billet inventories have continued to increase this week ending on Thursday, September 24, marking the fourth consecutive week of rise. The inventories are now standing at 71,500 tonnes after gaining 3,900 tonnes over the week across five...
Vedanta extends aluminium ingot price cut this week in response to continuous downfall in LME aluminium price
The new aluminium price list of Vedanta shows that the company has reduced its aluminium ingot and aluminium product prices further for the second consecutive day, with effect from Thursday, September 24. With the latest cut, Vedanta’s aluminium ingot price is now ranging between INR 144,250 per...
AMAG Ranshofen facilities achieve ASI Custody Standard Certification for producing high-quality cast alloys
Aluminium Stewardship Initiative has certified AMAG Austria Metall AG against Custody Standard Certification for aluminium remelting/recycling, casting, and rolling activities at production facilities in Ranshofen, Austria. High-quality cast alloys are manufactured in Ranshofen from recycled...
A00 aluminium ingot price falls at the highest rate since August on lower consumption and increase in production capacity
According to the Shanghai Metals Market, A00 aluminium ingot price has recorded a sharp downfall of RMB 290 per tonne, the highest since August, to stand at RMB 14,270 per tonne on Thursday, September 24. The average prices are expected to range between RMB 14,250 per tonne and RMB 14,290 per...
BTE aluminium chassis tipper enhances farming productivity
Revolutionary Bulk Transport Equipment (BTE) aluminium chassis tipper has helped in the farming operation of Peter and Tracey Kruger. Peter and Tracey Kruger bought the aluminium chassis tipper to replace its 18-year old steel tipper. In March 2020, the Krugers laid their eyes for the first time on...
Metal Industry suggests LME to focus on enhancing services instead of creating a separate low carbon aluminium trading platform
According to a Reuters report, the metal industry sees no need for a separate platform on the London Metal Exchange (LME) to trade low carbon aluminium. The industry thinks the exchange should focus on services instead that users need more urgently, such as euro-denominated steel contract. Last...
ASI certifies Kunshan Aluminium Co., Ltd. against Custody Standard Certification
Aluminium Stewardship Initiative has certified Kunshan Aluminium Co., Ltd. against Custody Standard Certification for its production facilities in Kunshan City, Jiangsu Province. The news came after ASI officially announced on Wednesday, September 23, that it successfully certified the facility for...
Three-month LME aluminium weakened 0.17% to close at US$ 1779/t; SHFE price plunged for the second day in a row
As of Tuesday, September 22, Three-month LME aluminium weakened 0.17 per cent to close at US$ 1,779 per tonne after hitting its lowest in nearly two weeks earlier in the session. LME aluminium cash (bid) price and LME official settlement price decreased from US$ 1752.50 per tonne to US$ 1744 per...
