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.
Emirates Global Aluminium joins UAE’s ICV program with a vision to double economic impact by 2040
Emirates Global Aluminium has joined the Ministry of Industry & Advanced Technology’s (MoIAT) in-country value (ICV) programme as the leader in global aluminium production moves towards its goal of doubling economic impact by 2040. The event was organised in the presence of Dr Sultan bin Ahmed Al...
Armenia’s export of aluminium foil during 2019-20 reveals remarkable growth; 4% downturn estimated for 2021
Armenia is an industrial-agrarian country, as metal products remain as one of the major exports. The economy of Armenia counts on manufacturing, services, remittances, and agriculture, while Russia is Armenia's principal export market. The Joe Biden administration has introduced new tariffs on...
26 miners of Olmedo bauxite mine secure hope for the future
The ray of hope has glimpsed through the gloomy cloud in the region, as it found the agreement to secure the future of the 26 miners of the Olmedo bauxite mine, where the mining operation has been ceased post-2015. The terms of the new contractual platform were approved by the parties via...
Demand for low-carbon aluminium excels supply, says EGA chief executive
The CEO of Emirates Global Aluminum (EGA), Abdulnasser Bin Kalban stated that the demand for aluminium products have started to upsurge by the end of 2020, whereas, low-carbon aluminium is encountering a shortfall in supply. During Global Manufacturing and Industrialisation Summit (GMIS) in Dubai,...
Indonesia’s Inalum to cooperate with electricity generator PLN for strengthening the national aluminium industry
The Indonesian state-owned company specialized in aluminium smelting, PT Indonesia Asahan Aluminum (Persero) or Inalum will cooperate with PT PLN (Persero) to perceive its obligation to progress the national aluminium industry to a more advanced stage, innovative and competitive level. On 18 th...
Jordan’s aluminium scrap exportation during 2019-21 unveils marginal downfall followed by a sharp growth
Jordan is comprised of a mixed economic system that provides a variety of private freedom, combined with centralized economic planning and government regulation. The industrial sector is a high contributor to Jordan's GDP and it is the 2 nd largest sector of the economy. The manufacturing sector is...
Hong Kong stock market regulators probing Rusal demerger plan
The stock market regulators in Hong Kong are examining the plans made by Russian aluminium giant, Rusal to spin off its high-carbon aluminium smelters and alumina refineries into a separate company that will be listed in Moscow. The decision to scrutinize the proposed demerger was activated...
Global industrial expert Carmelo Maria Brocato joins AlCircle as Strategic Advisor for Europe and North America
AlCircle is pleased to announce the joining of Carmelo Maria Brocato as Strategic Advisor for Europe and North America region. Mr Brocato is presently associated with GMS/Engitec Group as Head of the Aluminium Division from April 2019. He has more than 30 years of experience in international...
Switzerland’s export of aluminium scrap during 2019-21 exemplifies steady growth
The economy of Switzerland is a highly developed manufacturing industry pursuing high-tech and knowledge-based production. It has been revealed that around 74% of Swiss GDP is generated by the service sector and 25% by industry. Furthermore, it is noted that 78% of Swiss imports are from the EU,...
Vietnam holds 1.8 million tonnes of aluminium worth $5 billion amid the global crisis
The top aluminium producer of the world, China which has created the popularity of the metal is now countering environmental issues, driving the nation’s metal supply through a drastic crisis and this has fuelled the escalation of prices globally. However, to append to the hardship, there are 1.8...
Downstream products weekly recap: Hindalco proposes to repay INR 6,000 crore debt; Evtec acquires Sanjeev Gupta’s Liberty Aluminium Technologies
The downstream segment of the global aluminium industry remained insightful this week, with the world’s largest aluminium rolling company, Hindalco plans to repay INR 6000 crore debt and it also projects to marginally reduce the capital expenditure to INR 2,400 crore. The same Hindalco Industries...
Aluminium smelter explosion in China’s Yunnan province fuels surge in price of the metal
On 19 th November 2021, the prices of aluminium surged as the cloud of supply distress is anticipated following an aluminium smelter in China that ceased its production due to an explosion. The Shanghai Metal Market reported that in China’s Yunnan province, an aluminium smelter with an annual...
Nalco’s production and sales in FY22 will reach record levels: CMD Sridhar Patra
On 18 th November 2021, Sridhar Patra, the Chairman and Managing Director of the Indian state-owned National Aluminium Company (NALCO), mentioned that the production and sales figure in FY22 will reach record levels. The integrated aluminium company declared earnings for the September-ended quarter...
Evtec acquires Sanjeev Gupta’s Liberty Aluminium Technologies, Essex plant to close down
The founder of Liberty House Group and the Executive Chairman of GFG Alliance, Sanjeev Gupta has sold out two aluminium parts factories after Jaguar Land Rover (JLR) set its foot to acquire a vital part of its supply chain. The single source, a tier-one supplier of assembled products, working with...
Vedanta envisions Indian aluminium production to reach 5 million tonnes in the next 5-6 years
On 18 th November 2021, Deeptaman Mukherjee, the Director of Commodities for Vedanta’s Aluminium Business stated that annual aluminium production in India could attain five million tonnes in the next five to six years, which is an increase of around 25% from current levels. Mukherjee said based on...
Scottish Govt. compelled to unveil the guarantee provided to Sanjeev Gupta’s GFG Alliance
The Govt. of Scotland has been compelled to reveal that the value of the taxpayer guarantee it delivered to distressed metal tycoon Sanjeev Gupta’s GFG Alliance was £586 million. This huge amount was the total gross guarantee provided when GFG Alliance in 2016 acquired the Lochaber aluminium...
EOS rolls-out new high-strength, lightweight Al2139 aluminium alloy
The pioneers and innovators for integrated solutions in additive manufacturing EOS GmbH, has announced the addition of EOS Aluminium Al2139 AM, a new material distinctively developed for Additive Manufacturing. The alloy is set forth to offer high performance in elevated temperatures up to 200°C,...
Jamalco reports progress in rebuilding efforts after fire destroyed alumina refinery powerhouse
The joint venture between Noble Group and Clarendon Alumina Production (CAP) with a focus on bauxite mining and alumina production, Jamalco reported uniform progress in the plant's rebuilding efforts after the August 22 nd enormous fire that devastated its powerhouse. As informed by the world-class...
