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.
Recycled aluminium weekly recap: AlCircle launches new report on “World Recycled Aluminium Market Analysis - Industry Forecast to 2026”; Replacement of primary aluminium by scrap will be sluggish until usage increases in the associated areas
The recycling of aluminium emerges with several vital environmental and economic advantages. Now keeping in mind with these energy and cost savings, many producers now have focused on increasing their usage of secondary materials. The week remained on a moderate version for the recycling segment, but the launch of AlCircle’s new report on “World Recycled Aluminium Market Analysis - Industry Forecast to 2026” will definitely deliver some new insights towards the vertical. This report provides a deeper look into the world aluminium recycling market and its possibility to grow more in the years ahead. In this report, AlCircle has highlighted the usage of recycled aluminium across major regions like China, North America, South America, Western Europe, Eastern Europe, etc. The market has...
High aluminium prices will keep Tiwai smelter functional for an extended period: NZ Govt. officials
The government officials of the island country in the southwestern Pacific Ocean, New Zealand are positive that Tiwai Point aluminium smelter will remain operational for an extended period if the aluminium prices stand high. However, the officials have also warned that there are risks included, as it will accumulate millions of tonnes of greenhouse gas emissions. The southernmost region of New Zealand, Southland has been adapting to survive with losing hundreds of jobs and a rise of spending when the aluminium smelter closes at the end of 2024. While the treasury documents revealed under the Official Information Act (OIA) evaluated strong aluminium prices drove the smelter with half a billion dollars better from the existing year. The officials update to the ministers stated: “While NZAS'...
Japan’s Showa Denko establishes neural network models to envisage mechanical properties of aluminium alloys accurately
The pioneer in Japan’s chemical industry, Showa Denko K.K. has established neural network models to envisage mechanical properties of 2000-series aluminium alloys from their design conditions with high accuracy in collaboration with the National Institute for Material Science (NIMS) and the University of Tokyo (UTokyo). The developed models can accelerate the process to explore optimal compositions and heat-treatment conditions for aluminium alloys that can maintain strength at high temperatures and shorten development time for aluminium alloys to about half to one-third of that with conventional development method, which used to be not an easy task in the past. The metal aluminium has several applications because it is lighter than iron and easy to work with. However, it is usually used...
Top Newsmakers for November 2021: Vietnam holds 1.8 million tonnes of aluminium worth $5 billion amid the global crisis; Hydro announces to invest in a new state-of-the-art aluminium recycling plant at Cassopolis, Michigan
The aluminium industry witnessed multiple remarkable events in November 2021. When the world is encountering a phase of aluminium shortage, which has triggered the prices of the metal to touch an all-time high, around 1.8 million tonnes of aluminium worth a mighty $5 billion is presently being under the control of security guards in Vietnam. The aluminium supply in Vietnam was seized as part of the investigation led by the United States comprising a Chinese billionaire and alleged trade fraud. While on the other hand, the leading industrial company committed to a sustainable future, Hydro announces to investment in a new state-of-the-art aluminium recycling plant at Cassopolis, Michigan. According to a recent report, Russian aluminium giant UC Rusal has been engaged in the prospect of...
RUSAL bestows over $105 million to fight against the COVID-19 pandemic
The Russian aluminium giant, Rusal has contributed $105 million (eight billion Russian Rubles) to fight against COVID-19 and support regional healthcare systems across Russia to combat the pandemic. RUSAL has supported seven emergency medical centres in Siberia and the Urals which opened one year ago to treat patients suffering from COVID-19 and pneumonia. The aluminium company donated over $52 million (four billion Russian Rubles) to build the centres comprising all equipment required to treat patients such as computer tomographs, high-tech ultrasound devices, oxygen stations, laboratory and functional diagnostics devices. Regardless of the complexity and scale of building the medical centres, construction was accomplished within just seven months. However, since its opening, medical...
EN+ Group bags Green Light award organised by Schneider Electric
The globally recognized largest producer of low carbon aluminium, En+ Group has been declared as the winner for ESG breakthrough at the Green Light awards organised by Schneider Electric. The award is specified to the company operating in Russia with the strongest improvement in ESG performance over the last three years and reflects En+ Group’s commitment to delivering a low-carbon economy. En+ was evaluated on the development of its sustainable development agenda, consistent engagement in ESG disclosure, and continuous improvement in these areas. In the last year alone, the company has delivered a science-based roadmap to net zero emissions by 2050 and launched the world’s lowest carbon aluminium made using ground-breaking inert anode technology. Schneider Electric launched the Green...
Hindalco develops a biodiversity park on the wasteland of Bagru Hills bauxite mine, reduces environmental damage
The world's largest aluminium rolling company, Hindalco which also ranks among the largest producers of primary aluminium in Asia has been able to reduce the environmental damage by developing a biodiversity park on the wasteland of a bauxite mine. Hindalco’s commitment towards sustainable mining development efforts, the company has retrieved five hectares of land in its bauxite mine in Bagru Hills in Lohardaga, Jharkhand and has built a biodiversity park. The park accommodates a butterfly garden and has seasonal fruits, vegetables, medicinal plants, herbs, tea and flowers. Aditya Birla Group subsidiary Hindalco’s Bagru Hills bauxite mine is located approximately 76km from Ranchi stands as one of the oldest bauxite mines in India, whose exploitation commenced in 1993. The mine delivers as...
Alba’s Line 6 expansion to be a game-changer for Bahrain Aluminium Downstream Park
The Chairman of the Board of Directors of Aluminium Bahrain B.S.C. (Alba), Shaikh Daij bin Salman bin Daij Al Khalifa, spotlighted that Alba being one of the key pillars in Bahrain’s economy is fully dedicated to validating the Government’s national initiatives, led by His Royal Highness Prince Salman bin Hamad Al Khalifa, comprising the national Economic Recovery Plan, which focuses to develop job opportunities for Bahrainis, boost the contribution of non-oil sectors, as well as create direct and indirect investments for a circular economy for a better future for Bahrain. The metal company’s Chairman also manifested Alba’s willingness to brace putting in motion the Aluminium Downstream Park from the blueprint to reality and serve the cluster of companies with Line 6 metal to further...
HK Metals Utama Tbk positively welcomes Indonesia Govt.’s plan to ban bauxite export
The Indonesian-based holding company that engaged in the manufacturing and trading business of aluminium extrusion-based building and household materials, PT HK Metals Utama Tbk (HKMU) positively welcomes the Joko Widodo government's plan to cautiously halt the export trade of bauxite among other raw materials. This proposal is believed to deliver the recovery of the aluminium industry with much promptness. Jodi Pujiyono, the Director and Corporate Secretary of HK Metals Utama said: “The Company welcomes the government's plan to stop bauxite exports. This is a form of real government support for manufacturing industry players, especially aluminium whose conditions have been hit hard since Covid-19.” "With the cessation of exports of bauxite, as well as the processing of raw materials into...
Aluminium balustrade producer Advance Metal Industries Australia set to expand its operation, secures NSW ‘Regional Job Creation Fund’ grant
The Coffs Harbour based company producing a large range of aluminium and glazed balustrades, Advance Metal Industries Australia (AMIA) is all set to expand its operations and accredits to the NSW Nationals in the state government’s Regional Job Creation Fund. Gurmesh Singh, the Nationals Member for Coffs Harbour stated a $260,000 grant will help Advance Metal Industries Australia to build a new fabrication facility to augment its present product offerings, turning out13 sustainable jobs for the Mid North Coast. “The new facility will be fitted out with machinery that will allow the company to speed up manufacturing times from three days to two hours for its custom-made aluminium windows, doors, and balustrades”, Singh said. Gurmesh further added: “The new fabrication shop will...
Downstream products weekly recap: Extruded Aluminum Corp. expanding its facility over 14-acre land in Otisco Township; Elvial procures a second furnace from Nitrex
The demand for aluminium is on the path of escalation, as various industry analysts have already predicted that the metal aluminium is going to experience much hefty demand than the previous time and also to some extent replacing steel. The downstream segment, which is the most vital part of the global aluminium industry, is coming up with various expansions, acquisitions and the new production of machines and furnaces. The week ended yesterday, again observed some very important events. The leader in aluminium manufacturing since 1987, Extruded Aluminum Corp. is expanding its facility at 7200 Industrial Drive in Otisco Township, near Belding in Ionia County, Michigan. While in Europe, the Greek aluminium extrusion house, ELVIAL S.A has been reported of procuring a second furnace from...
Malaysian aluminium producer Press Metal’s net profit soars to RM 283 million in Q3
The Malaysia-based world-class aluminium producer, Press Metal Aluminium Holdings Bhd, on the account of higher aluminium prices, books a net profit of RM283.33 million in Q3 ended Sept 30, 2021. This was more than double the net profit of RM121.98 million when compared with the same quarter the previous year. The aluminium manufacturer stated that the revenue soared by 55% to RM 2.89 billion on the shoulder of the higher aluminium price and production output from its new Phase 3 Samalaju smelter, which attained full commissioning in mid-October of 2021. Concurrently, the group’s associate arms also contributed significantly higher premiums. In the initial nine months of 2021, the metal company’s enhanced earnings performance was partially counterpoised by a rise in operating costs...
Mitsubishi Materials Corp to divest its aluminium business amid the global demand for metal product mounts
On 25 th November 2021, Mitsubishi Materials Corporation, the Japanese manufacturing company said that it will sell its aluminium business that produces beverage cans and automotive parts, to the US investment fund Apollo Global Management for an undisclosed amount. The company in a statement said that even though, the aluminium market is anticipated to scale globally, but Mitsubishi Materials has categorically decided to divest its aluminium business as it is complicated to find an alliance with its other business segments such as copper products for electric vehicles and cement. Mitsubishi Material further added that due to the outcome of the deal will book a 29 billion yen or $251 million loss as a restructuring charge in the January-March quarter, but the loss has been discounted in...
Netherlands export of aluminium containers during 2019-21 exhibits dynamic growth
The aluminium food container is considered one of the budget-friendly food-grade containers and the most commonly used packaging solutions across food industries. It provides outstanding product protection due to its strong and durable feature and may requisite less secondary packaging than other packaging types. However, the product is shelf-stable, reduces wastage and is refrigeration friendly. The very thin layers of aluminium foil are quite sufficient to attain the required packaging process. The Netherlands, which ranks among the richest countries of the European Union, exported 3355 tonnes of the aluminium container during 2019-20, attracting $28.21 million from the export. In 2019, the north-western European nation, Netherlands exported 1165 tonnes of aluminium containers that...
Greek aluminium extrusion company Elvial procures a second furnace from Nitrex
The globally leading provider of fully integrated heat-treating solutions and technologies, NITREX METAL’s emphasis on quality and customer satisfaction sustains to pay off, as ELVIAL S.A., one of the largest aluminium extrusion companies in Greece has procured a second NX-815 E furnace from NITREX to fulfil the demands which are developed following its plant expansion and scaling production capacity. Marcin Stokłosa, Project Manager at Nitrex said: “This additional NX-815 E furnace, which was installed and began production in July 2021, will help increase the production of building materials by the company, while the first furnace has been operational since 2016”. However, according to Marcin Stokłosa, an ELVIAL representative cited good equipment, technology and service to explain why...
President Jokowi to marshal the groundbreaking ceremony of aluminium smelter in North Kalimantan
The President of Indonesia Joko Widodo (Jokowi) has planned to marshal the groundbreaking event during December 2021 for an aluminium smelter in North Kalimantan, Indonesia. On 23 rd November 2021, Septian Hario Seto, the Deputy for Investment and Mining said: “The majority of the investment comes from Indonesian companies.” However, he did not unfold the names of the company, but in 2020, PT Indonesia Asahan Aluminium confirmed that they were exploring the potential of developing new smelter aluminium in North Kalimantan. The construction of smelter is one of the ways to brace the development of the International Port and Industrial Area (KIPI) in East Kalimantan. It is reported that this area will receive investment worth around $100 million cumulatively until 2030. Alongside aluminium,...
Aluminium dross processing expert Taha supports Bahrain’s effort to reach net-zero emissions
The solution provider to the aluminium dross management, Taha International with its groundbreaking innovation that consumes less energy and also does not produce any toxic salt cake, keeping the carbon emission at close to zero supports Bahrain’s decarbonisation efforts. While welcoming a delegation of representatives from several governmental and private sector establishments on a field tour to Taha International’s headquarter at Ma'ameer, Bahrain, the dross expert briefed the delegates about its patented technology that has been registered by its name. Ammar Awachi, CEO of Taha International Corporation said: “This visit is part of the company's commitment to supporting the government's efforts to reach net-zero carbon emissions by raising knowledge of best practices and applications...
Indonesia’s suspension of bauxite export might impact global supply marginally
The 7th and current President of Indonesia, Joko Widodo on 24 th November 2021 restated his plan to discontinue the exports of all commodity raw materials that will ban the exports of bauxite in 2022, copper in 2023, and tin in 2024. "We are now calculating the possibility to stop exporting raw bauxite, perhaps starting next year. The next year after that would be raw copper, and the year after that, in. We will continue to do this," the President said in a national coordination meeting and the awards ceremony for investment services, held by the Ministry of Investment in Jakarta. Furthermore, in October 2021, the head of the state commented that he aims to restrain the commodity export of all raw materials. President Jokowi said: "The government will encourage the downstream industry to...
