AlCircle News Edited By "Rupankar Majumder"
A professional with a technical background, specialising in producing insightful content centred around metals, particularly aluminium, passionately engaged in the intricacies of the recycling sector.
Anglo-Swiss commodity trader Glencore evaluates equity stakes in En+ Group among other Russian entities
On 1 st March 2022, Switzerland headquartered Anglo-Swiss multinational commodity trading and mining company Glencore stated that it is evaluating all its business activities in Russia comprising equity stakes in aluminium and hydropower group giant En+ Group among other firms in different sectors....
ALVANCE Aluminium Duffel supplies range of aluminium components for Mercedes-Benz EQS’, an all-electric luxury sedan
The European leader in the business of manufacturing and sales of aluminium rolled products for diverse industries worldwide, ALVANCE Aluminium Duffel will supply its range of aluminium products Ecolite and Superlite to Mercedes-Benz AG to fit in Mercedes-Benz EQS’ wings, doors, roof and side frame...
Hindalco Industries set foot to divest entire stake in wholly-owned step-down subsidiary Hindalco Do Brasil
On 25 th February 2022, the Mumbai, India headquartered Hindalco Industries publicized that it has entered into a share purchase agreement with Terrabel Empreedimentos Ltda, to divest the entire equity shareholding of Hindalco Do Brazil Industria Comercia de Alumina LTDA (HDB). Terrabel...
GCC’s largest aluminium producer ‘Emirates Global Aluminium’ books record profit of $1.5 billion for 2021
The largest primary aluminium in the GCC region and the biggest non-oil industrial entity of UAE, Emirates Global Aluminium (EGA) booked a record whopping 1,140% rise in net profits for 2021 to $1.5 billion. The company earning depicts a bulls-eye of sharp turn following the disruptions rooted in...
ABx Group, Alumin inks joint venture agreement for Sunrise Bauxite Project development
The Australia-based hi-technology and explorer-developer company, ABx Group Limited has signed a joint venture agreement with Alumin Pty Ltd (Alumin) towards the development of the Sunrise Bauxite Project, which comprises a bauxite mine at Binjour plateau and port operations at Bundaberg in...
Vedanta Aluminium tends to pivot on backward integration; plans to functionalize two coal mines for securing raw materials at CPP
The global manufacturing industry encountered the deadly Covid pandemic with plenty of dents, the aluminium sector was also one of those challenges. However, India’s mining and metal giant, Vedanta's aluminium business, counter the pandemic well and was not heavily impacted. Now, it tends to focus...
Lord Barker must quit from En+ and resign from the House of Lords: Ben Wallace, UK Defence Secretary
The Defence Secretary of the United Kingdom, Ben Wallace has stated his words very strongly following the ongoing Russia-Ukraine military conflict that the former Energy Minister Lord Barker must step down from his Chairmanship at the Russian aluminium and energy giant En+ Group and also must...
Russia-Ukraine conflict will hinder further coal supply to CPPs, aluminium among other industries to suffer: ICPPA
On 25 th February 2022, the Indian Captive Power Producers Association (ICPPA) stated that the ongoing Russia-Ukraine military strife, which has propelled the global energy prices to scale up, will diminish the proclivity to import coal by power plants and will further disrupt the supply of fuel to...
Podback scheme: Morrisons Supermarket offer customers a way to recycle used aluminium coffee pods
The fourth-largest chain of supermarkets in the United Kingdom, Morrisons has become the first supermarket to offer its customers a smart way to recycle coffee pods through a partnership with the recycling scheme Podback. In the upcoming weeks, Morrisons customers will be apt to fetch free Podback...
South Africa’s largest cider exporter Savanna switch to aluminium cans due to severe glass shortage
On 24 th February 2022, Richard Rushton, the Chief Executive Officer of Distell, a global business with roots in South Africa, the leading cider exporter of the nation and the third-largest cider brand in the world, Savanna Dry delivered its preliminary unplanned reaction in regards to the beverage...
Rio Tinto commences tidy out toxic waste from Tiwai Point aluminium smelter site
The controlling shareholder of Tiwai Point aluminium smelter in New Zealand, Rio Tinto will commence transporting the hazardous stuff which is being stowed away at Tiwai Point, as the company initiates clearing up the site, a place where it has produced aluminium for over 50 years. The only...
Scottish Government stands strong amid confronting a potential financial exposure over Lochaber aluminium smelter deal
The devolved government of Scotland, the Scottish Government stands strong amid encountering an inherent financial disclosure of £161 million in regards to its connection in the Lochaber aluminium smelter acquisition deal by British Businessman, Sanjeev Gupta owned GFG Alliance. The Scottish...
Hoffmann Neopac inks deal with world’s first industrial recycling plant for aluminium laminate composites Saperatec
The leading tube packaging manufacturer has become the first company of its kind to signs a deal with Saperatec, the world’s pioneer industrial recycling plant for aluminium laminate composites. The Saperatec pilot plant in Dessau, Germany has already demonstrated the capability to break down...
Rio Tinto warns of an emerging turmoil in the aluminium business, anticipates sanctions on QAL
The anticipation of sanctions is on the fear radar of one of Australia’s largest alumina refineries, Queensland Alumina Limited (QAL). The alumina refinery is majorly owned by Rio Tinto, who has alerted of an emerging turmoil to its aluminium business, while the Russian aluminium giant Rusal is the...
Ireland businesses dismay over financial sanctions against Russia, Aughinish alumina refinery might find itself in the red zone
Following the succession of diplomatic entries to the Kremlin over the past few weeks, in regards to the standoff between Russia and Ukraine steering a manifestly dangerous whirl with the progress by Vladimir Putin, the Russian President to count that the Ukrainian regions of Donetsk and Luhansk...
Hydro buys minority stake in US carbon capture firm Verdox towards utilization of emission reduction technology at aluminium smelters
On 22 nd February 2022, the Norwegian aluminium giant, Norsk Hydro has announced that it has picked up a minority stakeholding in the US carbon capture firm Verdox for $20 million and projects to utilize its technology at aluminium smelters in a drive to down emissions. The leading aluminium...
Meridian Energy unbolts door to negotiations with Tiwai Point aluminium smelter to keep it functional for another 12 years
The largest renewable energy of New Zealand, Meridian Energy’s Chief Executive Officer, Neal Barclay has unbolted the door to negotiations, which might drive Rio Tinto’s Tiwai Point aluminium smelter to remain functional for at least another 12 years considering 2034. On 23 rd February 2022, while...
Romania: Alesonor allies with Reynaers Aluminium for the Amber Forest complete suburb project
The developer of the first complete suburb – Amber Forest in Romania, Alesonor inks a partnership with Reynaers Aluminium Romania. The European developer of aluminium products for the building sector, Reynaers Aluminium will supply premium aluminium solutions for doors and windows, Reynaers...
