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.
Vedanta Aluminium COO Sunil Gupta elected CII’s Odisha State Council Vice-Chairman
Sunil Gupta, Chief Operating Officer (COO) of Vedanta Aluminium Business, has reportedly been elected vice-chairman of the Confederation of Indian Industry (CII)'s Odisha State Council for the 2024-25 term of office. The news came after the name was announced during the CII Odisha State Annual Day...
Trond Olaf Christophersen to play a dual role at Hydro as executive vice president & new acting CFO
Norsk Hydro has reportedly appointed Trond Olaf Christophersen as an interim or acting CFO. He will act in the role only for a period of time until a new CFO is hired. Trond Olaf Christophersen replaces CFO Pål Kildemo, who will bid farewell to Hydro by August 31 at the latest to join one of the...
Aughinish Alumina exploring decarbonising solutions, eyes hydrogen as a clean energy source
Rusal Aughinish Alumina, located in Limerick, Ireland, is considering using hydrogen as an alternative clean energy source and deploying electric heat pumps at its refinery, aiming to decarbonise its high-heat refinement process. According to a report on March 6, Aughinish Alumina, the largest...
Vedanta Aluminium appoints new chief human resource officer at Jharsuguda
According to a report, on March 6, 2024, Vedanta Aluminium announced that it appointed Pankaj Surekha as its new chief human resource officer at Jharsuguda. Mr Surekha has prior work experience at Reliance Industries for 11 years, leading the rewards team, which takes care of compensation design...
China’s alumina price loses 0.5% since March 1, with a drop of RMB3/t today; A00 aluminium ingot price discards RMB90/t
According to the Shanghai Metals Market survey, China’s average alumina spot price has continued to decline since the beginning of March and today marks the fourth consecutive day. As per SMM data, the alumina price has experienced a drop of RMB 3 per tonne on Wednesday, March 6, to stand at RMB...
2023: EGA posts another year of record-high performance from mining to metal
Emirates Global Aluminium has reportedly announced its competitive financial and operational results for 2023, revealing the highest-ever production across the value chain. The company posted that it produced 2.66 million tonnes of primary aluminium in 2023 at Al Taweelah and Jebel Ali versus 2.65...
Alba signs partnership agreement with World Economic Forum to strengthen its position as a global leader
On Monday, March 4, Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, signed an Associate Centre Partnership Agreement with the World Economic Forum (WEF) under the Advanced Manufacturing Industries Cluster. The signing ceremony was led by Alba’s Chief Executive...
China’s alumina output depletes 6.8% in Feb’24 due to weaker operating rates in Henan, Guizhou & Guangxi
According to the Shanghai Metals Market, China’s metallurgical-grade alumina production in February 2024 (29 calendar days) amounted to 6.262 million tonnes, experiencing a 6.8 per cent fall from 6.72 million tonnes in January (31 days). But on a year-on-year basis, the output increased by 2.4 per...
LME aluminium price dips by US$1/t to come around the previous month’s level; SHFE adds US$14/t
LME aluminum opened at US$2,235 per tonne on Monday, March 4, with high and low at US$2,242 per tonne and US$2,216.50 per tonne, respectively, before closing at US$2,238 per tonne, down 0.31 per cent. The LME aluminium cash bid price and LME aluminium official settlement price dipped by US$1 per...
Competition for Middle East aluminium to grow intense if EU bans Russian metal
The global aluminium industry is cautious about the potential competition between the United States and European buyers for Middle Eastern aluminium if the European Union bans Russian metal, leading to price hikes to the 2018 level when sanctions were imposed on Rusal. As an impact of the possible...
Africa & Asia’s (ex-China) alumina production registers a 15.8% annual hike in January 2024
According to the International Aluminium Institute, alumina production in Africa & Asia (ex-China) stood at 1.212 million tonnes in January 2024, reflecting a slight month-on-month fall of 0.57 per cent from 1.219 million tonnes. However, on a year-on-year basis, Africa & Asia’s (ex-China) alumina...
China’s alumina price continues declining by RMB6/t, impacting aluminium ingot price; Aluminium fluoride price tumbles RMB200/t
According to the Shanghai Metals Market survey, the average aluminium spot price in China has further decreased over the weekend by RMB 6 per tonne to start the week at RMB 3,342 per tonne, as of Monday, March 4. In Shandong and Shanxi, the alumina spot price has declined by RMB 10 per tonne to...
LME aluminium price moves up US$20.5/t but still stands 1.3% lower M-o-M; SHFE starts the week muted
LME aluminium opened at US$2,224.50 per tonne last Friday, with high and low at US$2,248.50 per tonne and US$2,208 per tonne, respectively, before closing at US$2,236 per tonne, up 0.36 per cent. LME aluminium cash bid price and LME aluminium official settlement price added US$20.50 per tonne or...
Downstream weekly recap: Capral Aluminium Chairman to retire in May; UK TRA reconsiders anti-dumping duties on Chinese aluminium extrusions
The downstream aluminium industry has created many notable headlines this week, from the retirement news of Capral Aluminium Chairman Rex Wood-Ward to UK TRA's reconsideration of anti-dumping duties on Chinese aluminium extrusions to many more. According to a report on February 28, Capral Aluminium...
China Hongqiao Group’s subsidiary bags ASI Performance Standard Certification for producing aluminium ingot from scrap
On Friday, March 1, the Aluminium Stewardship Initiative announced that it successfully certified Shandong Hongqiao Scholz Circular Economy Science & Technology Co., Ltd., a subsidiary of China Hongqiao Group Co., Ltd., against Performance Standard V3 (2022) Certification. This certification is a...
Vedanta Aluminium is on track to achieve 30% women employment goal by FY2025
On Friday, March 1, Vedanta Aluminium announced that it is very close to its goal of having 30 per cent female employees in the workforce. The company is hopeful of achieving this milestone by the end of FY2025, much ahead of the original timeline of 2030 set by Vedanta. CEO John Slaven said...
ASI awards Kobelco Group with Performance Standard Certification for making aluminium automotive rolled products
Aluminium Stewardship Initiative has certified Kobe Steel, Ltd. against Performance Standard V3 (2022) Certification for its subsidiary Kobelco Group’s facility Kobelco Automotive Aluminum Rolled Products (China) Co., Ltd., in Tianjin, China. The facility manufactures and supplies Series 5000 and...
China’s alumina price drop causes no impact on primary aluminium price; A00 aluminium ingot price gains RMB100/t
According to the Shanghai Metals Market survey, the average alumina spot price has decreased by RMB 3 per tonne to begin the month of March at RMB 3,348 per tonne. In Shanxi, the price has shed off RMB 10 per tonne to come in at RMB 3,365 per tonne on March 1, 2024. The average prices are estimated...
