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.
US aluminium rolled products exports to Canada continue to grow alternate months by 9% in August'23
The United States aluminium plates, sheets and bars exports to Canada improved by 9.22 per cent month-on-month to 30,800 tonnes in August 2023 but could not touch the output volume in June. In June 2023, the US aluminium plates, sheets and bars exports to Canada stood at 33,600 tonnes, which, in...
Crown Holdings takes part in World Climate Action Summit COP28 to bring global attention to waste can recycling
Crown Holdings Inc., a leading supplier of beverage, food, and aerosol packaging, is reportedly participating in COP28, the 2023 United Nations Climate Change Conference (Dubai, November 30-December 12), to extend its cooperation in the worldwide efforts of decarbonisation and sustainability. Crown...
IBAAS 2023 Day 2: Be a part of more enriching sessions on upstream aluminium's technology and sustainability developments
Welcome to Day 2 of the 11th International IBAAS Conference & Exhibition (IBAAS-JNARDDC 2023) – Nagpur, India, a much-awaited event to experience the upstream aluminium industry. The event, studded with aluminium industry leaders, experts, and enthusiasts, marks the end of 2023 with great learnings...
Gulf Cooperation Council’s primary aluminium production recovers by 3.6% M-o-M in Oct’23
According to the International Aluminium Institute survey, primary aluminium production in the Gulf Cooperation Council during October 2023 stood at 518,000 tonnes, reflecting a hike of 18,000 tonnes or 3.6 per cent month-on-month. The output in October recorded a recovery from a month-on-month...
Hydro and Volvo Group form a joint force to mutually achieve net-zero emissions
On Saturday, December 2, Norsk Hydro and Volvo Group announced from the COP28 platform that they entered a strategic partnership to support each other’s journey towards zero emission value chains. They signed the partnership agreement under the World Economic Forum’s First Movers Coalition. Hydro...
Rio Tinto grants new solar farm and battery storage construction contract to Aggreko for Amrun bauxite
As part of the long-term global decarbonisation strategy, Rio Tinto has approved the construction of a new 12.4 MW solar farm and 8.8MVa/2.1MWh of battery storage for renewable energy supply to Amrun bauxite mine near Weipa in Queensland. This initiative also represents Rio Tinto's ongoing efforts...
Glencore successfully closes US$1.11 billion transaction with Hydro to own 30% share in Alunorte
According to the latest update, Norsk Hydro has completed the transaction of US$1.11 billion with Glencore for the sale of 30 per cent interest in Alunorte alumina refinery and 5 per cent interest in Brazilian bauxite producer and exporter Mineracão Rio do Norte (MRN). The transaction also includes...
Africa & Asia’s alumina production rebounds in Oct’23 to 1.17 Mt but still stands 1% lower Y-o-Y
According to the International Aluminium Institute data, alumina production in Africa & Asia (ex-China) during October 2023 stood at 1.17 million tonnes, reflecting a rise of 2.63 per cent month-on-month. The output rebounded in the said month to return to the production volume in August. In...
24-metre long, sleek, luxurious, aluminium yacht ‘VisionF 82’ is set afloat
Turkish shipyard VisionF Yachts has reportedly launched its flagship yacht, the VisionF 82, and set new standards in the maritime world with an ultra-sleek construction made of aluminium. VisionF Yachts shipyard, known for progressive designs and uncompromising choice of materials, has launched two...
Aluminium shipment premium for Q1 2024 is offered at $95/t to Japanese buyers
According to a recent report, a global aluminium producer has offered Japanese buyers a shipment premium of $95 per tonne over the global benchmark price for the first quarter of 2024 (January 1-March 31). The news came on December 1 after three sources directly involved in quarterly pricing talks...
Volvo Cars to invest in near-zero emissions aluminium tech to step up its sustainability goals
Leading the automobile industry towards sustainability and net-zero carbon emission, Volvo Cars announced on November 30 its plan to cut per-car emissions by 75 per cent by 2030. Volvo makes this announcement after a few years of its previous plan to cut per-car emissions by 40 per cent by 2025. So...
Elval to install SMS group’s Viridis Energy & Sustainability Suite for energy-efficient aluminium flat-rolled production
Elval, the aluminium rolling division of ElvalHalcor S.A. has reportedly purchased SMS group’s Viridis Energy & Sustainability Suite to install in its flat-rolled aluminium manufacturing plant in Oinofyta, Greece. Viridis Energy & Sustainability Suite is an integrated solution for energy,...
JETP funds can financially aid heavy industries in decarbonisation and avoid CBAM, says Egypt’s climate champion
UN Climate Change High-level Champion for Egypt, Mahmoud Mohieldin, has reportedly advised heavy industries and hard-to-abate sectors to acquire a financing scheme that would pull funds from Western donors to help them shift to cleaner power generation. He said a Just Energy Transition Partnership...
Norsk Hydro plots to tap new market opportunities from ‘Green Aluminium’
Norsk Hydro has outlined a new roadmap for its operation and business, focusing more on recycling and extrusions in line with the growing demand for low-carbon aluminium. By 2030, the company is determined to scale up its recycling activities in pursuit of decarbonisation and green transition in...
Press Metal Aluminium’s nine-month net profit lags behind consensus forecasts, marking a 21% Y-o-Y fall
On Tuesday, November 28, Press Metal Aluminium Holdings published its third quarter fiscal report, showing a lag from the consensus forecasts. Nonetheless, market analysts have maintained their recommendations on the company, with expectations that aluminium prices will remain subdued. Press Metal...
Hitachi takes a pledge to use only “green aluminium” for its Japan-made products
Hitachi has pledged to make all its products in Japan from “green aluminium” produced through less carbon-intensive processes than conventional methods. To achieve this goal, the company has set a deadline of March 2024. Hitachi, Ltd. is a Japanese multinational conglomerate headquartered in...
Annual increase in India’s aluminium scrap imports justifies AAI’s demand for 10% customs duty
India’s aluminium scrap imports from the United States recovered in August 2023 by 2,300 tonnes or 5.36 per cent month-on-month to stand at 45,200 tonnes, according to the US Geological Survey data. The imports in July fell by 3,700 tonnes or 8.62 per cent to 42,900 tonnes, as a continuation of...
Danfoss joins First Movers Coalition with a commitment to scale up low-carbon aluminium purchase
The World Economic Forum has announced the joining of Danfoss to the First Movers Coalition (FMC), a global union determined to decarbonise hard-to-abate industries. First Movers Coalition is a flagship public-private partnership launched by the United States & World Economic Forum (WEF) to clean...
