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.
Japan’s aluminium powder and flakes import to drop 6.7% year-on-year in 2019
According to the study of IMARC Group, the global aluminium powder market has grown at a CAGR of around 2.2 per cent during 2011-2018, reaching a volume of 617,238 tonnes in 2018. Aluminium powder is light in weight, odourless, and highly flammable substance mostly used in the making of paints and sealants, sparkles and glitters, aerated autoclave concrete, reflective roof coating, printing inks and much more. {newsStudioGallery} Currently, North America represents the biggest market for aluminium powder followed by Europe and Asia Pacific. Japan, known for a growing downstream aluminium manufacturing sector, had been found consuming a considerable amount of aluminium powder and flakes for the past three years. The graph below demonstrates that in 2018, Japan’s estimated import volume of...
Ardagh plans to boost aluminium can market in Brazil by expanding Jacareí can and Manaus ends production facilities
Ardagh Group, a Luxembourg-based producer of glass and metal products, reportedly announced its plans to expand Jacareí can and Manaus ends production facilities in Brazil this year. Ardagh’s plans to expand the facilities are part of its commitment towards supporting the growth in the Brazilian can market. Ardagh believes these expansions will enable the market to meet customers’ demands for infinitely recyclable and sustainable aluminium packaging. Ardagh said both Jacareí can facility and Manaus ends facility are currently operating at full capacity and aiming to increase the production further. The company also said about its intentions to start the Jacareí plant expansion project from the first quarter of 2020 after completing the expansion of the Manaus plant in the third quarter of...
Overmarine’s Mangusta Oceano 50 aluminium superyacht under construction; Expected to be finished in 2020
Italy-based luxury yacht conglomerate Overmarine Group’s first model of newly revealed 49.9-metre Mangusta Oceano 50 superyacht is reportedly under construction and is due to be completed during 2020. Aluminium is the main metal that gives shape to this vessel. Designer Alberto Mancini, who is designing this vessel along with the company’s in-house team says, “ Almost as if the aluminium were moulded onto a living thing in motion .” The design of the vessel is such that it ensures to optimise exterior and interior volumes and offers ample amenities. Areas such as the aft cockpit with private seating area and garage that converts into a spacious beach club are just some of the innovative features of the Mangusta Oceano 50. The interior is designed in a way that guests can enjoy the full...
Xiaomi unveils electric bicycle with aluminium frame and lithium-ion battery
The Chinese tech giant Xiaomi has reportedly unveiled an electric bicycle named Himo C20. It is a pedal assisted e-bike that comes with an aluminium frame and thus, weighs just 21 Kgs. Specially designed for daily city use, Himo C20 e-bike provides a range of around 80 Kms, powered by a 36V 10Ah lithium-ion battery that can hold up to 360 Wh of electric charge. The company claims the charging time of the battery is six hours, which is a lot for a battery of this size. Himo C20 gets a hub-mounted 250W DC brushless electric motor placed to the rear wheel of the bicycle. The motor helps the e-bike to propel to a top speed of around 40-45 kmph. Himo also has 20-inch rims fitted with high profile tyres, which should help the rider pedal through the rough with ease. Now coming to the styling,...
6063 aluminium billet inventories record greater W-o-W decline; aluminium alloy price registers no change
According to Shanghai Metals Market (SMM), 6063 aluminium billet inventories saw a greater decline this week across five major consumption areas in China. As of Thursday, April 18, the inventories fell some 9,800 tonnes from a week ago and came in at 98,600 tonnes, SMM data showed. Higher demand from construction depleted inventories and it was the sixth consecutive week that aluminium billet inventories fell. In major cities like Foshan and Guangdong, the aluminium billet inventories as on today are hovering at 64,600 tonnes while that in Wuxi and Jiangsu at 18,500 tonnes. For more details, refer the chart below. However, in this background, aluminium alloys (ADC12) price has remained restrained today, April 18, at RMB 14,650 per tonne. Also, the price in the east, south, and west is...
Future of bauxite and alumina sector looks promising in Jamaica, says Phillip Paulwell
Jamaica's Member of Parliament Phillip Paulwell opines in the 2019/20 Sectoral Debate in the House of Representatives that the bauxite and alumina sector in Jamaica remains positive as the industry’s future looks promising based on the increasing demand worldwide. He also expressed satisfaction for the recommencement of operations at Jamaica’s Alpart plant under the management of Chinese firm, Jiuquan Iron and Steel Company (JISCO). “I'm pleased to see renewed life and energy in the towns surrounding the plant. I'm glad with the growing levels of employment and the many corporate contributions to the community. I'm happy for the sharing of technology and training of Jamaicans at Chinese universities. JISCO is indeed making a difference in the Jamaican economy; we are pleased that JISCO...
Alumina price growth in China today leads to further rise in A00 aluminium ingot price
According to Shanghai Metals Market, the average alumina price has recorded a rise today, on April 18, after continually falling for over three months. From the beginning of 2019 until yesterday, the alumina price saw an incessant fall, ranging between RMB 2,934 per tonne and RMB 2,646 per tonne. The price today has grown by RMB 19 per tonne to RMB 2,665 per tonne; therefore, could not beat the price of the same period last month. On March 18, the price was at 2,713 per tonne, up by RMB 48 per tonne. In the markets of east, central, and north China, the average alumina price has grown by RMB 20 per tonne to RMB 2,680 per tonne, RMB 2,670 per tonne and RMB 2,660 per tonne, respectively. In the south, the price has increased by RMB 15 per tonne to stand at the same price (RMB 2,660) that in...
A brief interview with Didier Ostorero, CEO of Cronus Technology AS
Didier Ostorero, CEO of Cronus Technology AS, has a long association with the aluminium industry. He previously worked with Goodtech Recovery Technology in Oslo as Project Engineer and Chief Technology Officer for about 3 years, for the project 'Heat Recovery from Aluminum Pots Based on Heat Pipe Technology'. Holding a master degree in New & Renewable Energies: Solar, Wind, Geothermal, Fuel cells, and Thermal transfer in buildings, he started his career as an intern and worked on energy efficiency and energy recovery from industrial processes such as primary aluminium production. So, his rock-solid professional journey from an intern to CEO in the aluminium industry definitely offered the AlCircle team no less than a deep insight into the industry when he gave a brief interview. He...
Guyana’s bauxite export estimated to drop by 2.7% Y-o-Y in 2019; Ukraine to be the leading importer
According to the report from the Ministry of Finance, the bauxite production in Guyana in the mid-2018 was at 900,000 tonnes, up 21.1 per cent from the same period of 2017 and the highest since 2013. This indicates that momentum in the bauxite industry, which had begun at the end of 2017 continued through 2018. The Ministry said bauxite companies were able to maintain high levels of production in response to favourable market conditions. {newsStudioGallery} With the increase in bauxite production in Guyana, the country’s bauxite export also continued to see a jump. While in 2016 Guyana’s estimated bauxite export was at 1.33 million tonnes, in 2017 it increased to 1.38 million tonnes, up 3.8 per cent, according to our third-party data. This hike in Guyana’s bauxite export extended further...
US sanctions may lead to shutdown of Russian automaker GAZ, says Oleg Deripaska
In the opinion of Russian oligarch Oleg Deripaska, his automaking company GAZ could be forced to close by the summer if the United States does not revome the sanctions. Perhaps, July 4 could be the last working day for the company, said Deripaska to journalists during an organised visit on Tuesday, April 16, to the auto giant’s sprawling plant. He particularly said, “If the factory is not able to return to normal business after Jul 4, then there is no chance it can survive." The US Treasury has lifted sanctions against EN+ group, Rusal aluminium giant and EuroSibEnergo Power Company as Deripaska has ceded control of those companies. But since the businessman is yet to cede his control of GAZ, the US has not removed the sanctions against it until now. However, according to Deripaska, the...
Sign World Inc. to incorporate BNZ aluminium profile channel letter bending machine in its facility
According to a recent report, a flex printing and signage company Sign World Inc. will soon install a BNZ aluminium profile channel letter bending machine, in a bid to speed up the process of signage making. Marvin Dsilva, the owner of the Coimbatore-based company, said that clients are demanding delivery of signages in only two to three days of time. Earlier, when the company used to have a manual process of designing the letters of signages, it would take 2 to 3 hours to create one letter. But the installation of this new machine will enable the company to design one letter in just 3 minutes. Moreover, brands and retailers are looking for more durability and don’t want signages made of acryclic, which is the reason why the company is investing in this machine, added Mr. Dsilva. “We have...
Norsk Hydro’s shares up 5.5% in anticipation of full production resumption at Alunorte
Norwegian metals maker Norsk Hydro recorded a rise of its shares on Monday, April 15, after winning further support to resume full production at its Alunorte alumina refinery in Brazil. After operating at half capacity for over a year, the Alunorte refinery on April 12 saw a hope to resume full production, when Ministério Público and Alunorte provided a joint petition to lift the production embargoes at a conciliatory hearing in the Federal Court. The independent engineering consultancy Rambøll, which was hired on behalf of Ministerio Publico to conduct a third-party assessment, also confirmed Alunorte’s ability to resume safe operations. On this news, Hydro’s shares rose as much as 5.5 percent in early trade on April 15. “Conditions appear to be in place to secure a positive outcome,”...
A00 aluminium ingot price records two consecutive drops despite lowered inventories
According to Shanghai Metals Market, social inventories of primary aluminium across eight major consumption areas in China, including SHFE warrants, dropped over the weekend ended on April 15, Monday, to come in at 1.622 million tonnes. Compared to last Thursday, April 11, the fall of primary aluminium inventories on Monday was higher, as the stocks last week had plunged by some 5,000 tonnes while today by some 14,000 tonnes. In some cities, the inventories dropped while in others they recorded a hike or continued to remain the same. For instance, in Wuxi, Jiangsu, the inventories plunged from 586,000 tonnes on April 11, to 582,000 tonnes, but in Shanghai, the stocks rose from 290,000 tonnes to 292,000 tonnes. The below chart indicates the status of the current primary aluminium...
EU to sign MoU with JNARDDC to work on aluminium waste management
According to a recent report, the European Union is likely to collaborate with Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) in May for working together on the management of aluminium waste. JNARDDC, a Central Government Institution, has long been working in research and development of the aluminium sector, and its revolutionary work of aluminium recycling is tremendously appreciated world-wide. It has invented the process of recycling aluminium wastes like red mud, dross and Spent Pot Lining (SPL) to make their best use in construction and other sectors. The unique part is the institution is capable to recycle aluminium waste at an affordable cost. Impressed with this, the European Union has approached JNARDDC to share its work based on aluminium recycling....
Geely launches new EV brand and its first model made from aluminium alloy
Geely Auto Group, headquartered in Hangzhou, China, has newly launched a pure EV brand Geometry, intending to boost production of new energy vehicles. The brand’s first model, imaginatively nameplated as Geometry A, is a high end model offered with standard and long ranges for a total of six configurations. According to Zhejiang Geely Holding Group president and Geely Auto Group president and CEO An Conghui, the brand Geometry and its first model are launched with a strategic goal, and that is becoming one of the world top 10 automotive groups. He said, "Geely is a strong force and active participant in the field of new energy. We are guided by technological innovation and are determined to become a global leader in new energy. Geometry is our answer to the future of the industry, a...
China’s secondary aluminium operating rates record growth in March
According to Shanghai Metals Market, operating rates across secondary aluminium producers in China have recorded a growth of 22.02 percentage points month-on-month and 0.3 percentage point year-on-year to average at 61.12 per cent in March. This hike in secondary aluminium operating rates is attributable to weak export prices that drove aluminium scrap producers to focus on the domestic market rather than sending the scrap overseas. Increasing demand is also a reason for the growth in secondary aluminium operating rates, particularly for the sharp month-on-month rise. Downstream buyers had brought forward their April orders to chase VAT invoices with a rate of 16 per cent before the tax cuts took effect and that resulted in demand increase. However, in April, the operating rates across...
Restricted aluminium scrap imports by China drives a steady import growth in Indonesia
A large number of countries are found actively participating in recycling aluminium to produce fresh metal. The infinite recycling properties of aluminium are of course, not unknown to us, neither the fact that it involves about 95 per cent less energy than the primary production process. As per the report released by London-based Technavio, the global aluminium recycling market will rise to 32.12 million metric tonnes by 2021, at a CAGR of nearly 8 per cent. Some of the major players in this sector are the United States, Germany, United Kingdom, France, and Saudi Arabia. {newsStudioGallery} The use of aluminium scrap in some of the Southeast Asian countries has also been found growing. For instance, Indonesia’s import of aluminium scrap has been rising year over year, according to the...
Canyon Resources discovers 70 additional bauxite plateaux using LiDAR survey
Seventy additional bauxite plateaux have been recently discovered by Canyon Resources Limited across three permits at Minim Martap project, according to Proactive Investors report. Canyon used a light imaging, detection and ranging (LiDAR), and high-resolution ortho-photographic survey to identify the plateaux. The company reportedly processed data from the survey into a highly accurate and detailed elevation model (DEM), which enabled them to identify the size, location and elevation of the additional plateaux on the Minim Martap, Makan and Ngaoundal permits. Phillip Gallagher, Canyon managing director said, “It is pleasing to see that the untested bauxite plateau that can be seen into the distance when visiting the project are all at a similar elevation as the identified high-grade...
