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.
Rio Tinto invests $87 million to raise low-carbon AP60 aluminium production in Canada
The global mining and metal giant, Rio Tinto is infusing $87 million to raise its low-carbon aluminium production in Canada with 16 new smelting cells at its AP60 smelter, in the Saguenay-Lac-Saint-Jean region of Quebec. The investment will inflate production at the smelter by around 45% or 26,500...
Olmedo bauxite workers manifest for another protest
The 26 workers those for the last five years have been struggling implacably to profess a future and on the upcoming 30 th November, they are seeing peril of their last hope to be eradicated. The Olmedo bauxite mine workers, presently employees of IGEA Spa Company have manifested yet another state...
European Aluminium’s new report fortifies CO2 reduction benefit of aluminium recycling
The voice of the European aluminium industry, European Aluminium which is encompassing primary aluminium producers, downstream manufacturers and producers of recycled aluminium has come up with a new report that reveals the European aluminium refining industry is a magnificent example of a modern...
China lays energy consumption benchmarks for power-intensive industries to reach net-zero goal, stocks of aluminium and steel tumbles
The Chinese state economic planner will execute a fresh set of energy consumption benchmarks for the country’s energy-intensive industries from 2022, proffering manufacturers three years to adhere or close down to attach its climate-change goals. The least efficiency standards materialize to clasp...
Rusal collaborates with KUMZ embarking on the production of semi-finished products from aluminium-magnesium-scandium alloy
The global leader in aluminium production, RUSAL in association with Kamensk-Uralsky Metallurgical Works J.S.Co (KUMZ), one of the largest downstream companies in Russia has successfully debuted the production of various rolled and pressed semi-finished products from an aluminium-magnesium-scandium...
Hindalco proposes to repay INR 6,000 crore debt, plans to scale down capital expenditure
The Indian multinational aluminium and copper manufacturing company, Hindalco Industries formulates to repay INR 6,000-crore debt from next June to pull down its debt further. The metal company has narrowed its net debt to INR 66,831 crore as of September end against INR 78,266 crore documented in...
Canyon Resources on-board Jean-Sebastien Boutet as Chief Executive Officer
The developer of the world-class Minim Martap bauxite project in Cameroon, Canyon Resources Limited has announced that it has appointed Jean-Sebastien Boutet as Chief Executive Officer. Boutet is an experienced metals and mining executive carrying more than 16 years in the bauxite and aluminium...
A00 aluminium ingot price in China further dips by RMB250/t to RMB18940/t; Aluminium alloy (A356) price shrinks by RMB300/t
A00 aluminium ingot price in China on 16 th November has revealed a further dip of RMB 250 per tonne to RMB 18,940 per tonne, while the average prices are likely to range between RMB 18,920 per tonne and RMB 18,960 per tonne. The spot contract is estimated to be traded at a premium price of RMB...
The Aluminium Association appoints Virginia Gum Hamisevicz as new VP of Govt Relations
The voice of the aluminium industry in the US, the Aluminum Association has announced the joining of Virginia Gum Hamisevicz as new Vice President of Government Affairs & International Programs. Virginia carries around 20 years of working experience advocating energy, natural resources and trade...
Hamburg-based Fehrmann ALLOYS appoints Jan-Peter Derrer as new Head of Sales
The Hamburg based high-performance aluminium alloys producer to supply the entire world of 3D printing, Fehrmann ALLOYS has appointed Jan-Peter Derrer, as the new Head of Sales. He is an industry renowned expert in 3D printing systems for the sale of new metal alloys. At the beginning of October...
El Salvador’s aluminium foil imports during 2019-21 resemble marginal movement trend
The most industrialized state in Central America, El Salvador’s major industries contributing to the country’s economy are food processing, beverages, petroleum, chemicals, fertilizer, textiles, furniture, light metals, etc. The major exports are textiles, chemicals, rubber, plastics and metallic...
Non-ferrous metal scrap processor Nupur Recyclers files draft prospectus for IPO with NSE Emerge
The leading company in the non-ferrous metal scrap processing and recycling in India, Nupur Recyclers has filed a draft prospectus with the NSE Emerge, the National Stock Exchange of India's new initiative for small and medium-sized enterprises and start-up companies from India, to raise funds via...
US initiates dialogue with Japan focusing on aluminium and steel import tariffs
On 12 th November 2021, the United States stated that it had initiated dialogue with Japan focused on diminishing US tariffs on metal imports like aluminium and steel, which were imposed under former President Donald Trump, following Washington attainted a deal on the same metal tariff issue with...
Primarily Aluminium Weekly Recap: Demand for aluminium expected to grow moving forward driven by ESG; En+ Group confirms its Net Zero commitment at COP26
The primary aluminium segment of the global aluminium industry is gradually navigated by environmental, social and governance (ESG) initiatives. The drive towards low-carbon aluminium production is now a mission for every manufacturer, as it is the future. The demand for aluminium is anticipated to...
Hindalco posts PAT of INR 3,417 crore in Q2
The subsidiary of Aditya Birla Group, Hindalco Industries revealed an upsurge of 783% in consolidated net profit to INR 3,417 crore in Q2 FY22 from INR 387 crore in Q2 FY21. Hindalco’s consolidated revenue for Q2 stood at INR 47,665 crore as against INR 31,237 crore in the same phase last year,...
CESTAT grants relief to Tata Motors by ruling non-liable of ‘Excise Duty’ on aluminium dross and skimming in manufacturing of aluminium parts for motor vehicles
The financial capital of India, Mumbai’s bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) granted relief to Tata Motors by ruling non-imposing of excise duty on the development of aluminium dross and skimming during the production of aluminium castings/parts of motor...
Nalco posts seven-fold upswing in profit to INR 747 crore in Q2
On 12 th November 2021, the Indian state-owned company having integrated and diversified operations in mining, metal and power under the ownership of the Ministry of Mines, National Aluminium Co Ltd (Nalco) reported a nearly seven-fold upswing in consolidated profit at INR 747.80 crore for the...
Aleastur selects Bahrain to set up first aluminium grain refiners in the Gulf region
The European metal producer, Aleastur has instituted the Gulf region’s first facility for aluminium grain refiners and master alloys production at its new Middle-East based in Bahrain. The brand new $15 million facility at the hub of the Gulf region will deliver speciality alloys to global markets,...
