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.
Sri Lanka’s aluminium stranded wire import during 2019-20 mislays demand; 97% growth estimated for 2021
The island nation, Sri Lanka declared a state of economic emergency on 31st August 2021, as the country dry out of foreign exchange reserves for essential imports like food. The Central Bank of Sri Lanka is the foremost Asian central bank to increase policy rates after the Covid-19 pandemic in...
Mytilineos engages in EU’s SCALE project to extract scandium from bauxite residue
On 29th September 2021, the Athens-listed leading global industrial and energy company, Mytilineos declared its engagement as a coordinator in the European Union’s SCALE project with an experimental plant for the extraction of scandium from bauxite residue. A silvery-white metallic d-block element,...
Pottangi bauxite mines pre-project ventures advancing, says Nalco CMD
On 30th October 2021, Sridhar Patra, the Chairman-cum-Managing Director of Nalco stated that the pre-project ventures like securing green clearance for the execution of the mining lease of Pottangi bauxite mines in Koraput district of Odisha and construction of an 18-km overland conveyor are...
Curtis brings victory to Oman Aluminium Rolling Company in the US trade case
The international law firm Curtis that represents clients globally from corporations and governmental entities to emerging entrepreneurs declared that its international trade practice brought a significant victory for the Govt. of Oman and local aluminium sheet and foil producer, Oman Aluminium...
Jamaica Govt. finalizes agreement with Noranda for reinstatement of bauxite levy
The mining and transport minister of Jamaica, Robert Montague stated that the Government finalised an agreement with Concord Resources Holding Limited for the reinstatement of the bauxite production levy on the export of aluminium ore. On 29th September 2021, Montague said to the House of...
South32 acquires additional stake in Mozambique-based Mozal Aluminium smelter
The mining and metals company headquartered in Perth, Western Australia, South32 Ltd. worked out its right to acquire an additional 25% stake in Mozambique-based Mozal Aluminium, a drive that will increase its annual output by 15% from the smelter. South32 acquired the additional stake in the...
Gulf’s earliest aluminium producer ‘ALBA’ held its Q3 BoD meeting in-person for the first time since COVID-19
On 29 th September 2021, Aluminium Bahrain B.S.C (Alba) held its first in-person BoD Meeting for the third quarter of 2021 at Alba Oasis Hall. Shaikh Daij Bin Salman Bin Daij Al Khalifa, the Chairman of Alba’s Board of Directors, started the Board meeting with a welcoming note to the Board of...
Guinea mining contracts review bound to happen, but not soon: Chatham House
On 5th September 2021, following the political unrest in West African nation Guinea, which dethroned President Alpha Conde, one working official from the Russian aluminium giant Rusal commented: “Political turmoil has not disrupted the mining sector as much as some had predicted. Everything is...
Turkey’s export of aluminium cans during 2018-21 indicates uneven movement
The economy of Turkey is recoiling from a pandemic-influenced slump with close to 10% growth expected in 2021 as manufacturing and consumption escalate, but the resonance is feeding into and in turn, being break down by double-digit inflation. The nation that bridges Europe and Asia, Turkey...
China’s power shortage driving industries to dark, aluminium production suppresses
Electricity is an essentiality of human life and the world’s most populous country China is countering a power shortage. As of now, it is only known that Chinese aluminium smelters are curbing production, steel mills are closing down, while some cities are turning off street lights, as energy...
Mining Industry Indonesia visions end-2022 towards floating IPO of Inalum
On 27th September 2021, the CEO of the state mining holding firm Mining Industry Indonesia (MIND ID), Orias Petrus Moedak stated the company is looking out for an initial public offering (IPO) around the end of next year for its bauxite mining business. The CEO further added, as a controller...
India’s metal recycling company CMR Green Technologies files IPO paperwork with SEBI
CMR Green Technologies, the metal recycling company and India’s largest producer of aluminium and zinc die-casting alloys with a combined annual capacity of over approx. 310,700 tonnes has filed preliminary papers with capital markets regulator ‘Securities and Exchange Board of India’ (SEBI) to...
Argentina’s import of aluminium structures during 2018-21 displays enterprising growth followed by a continual downfall
The economy of Argentina has a mixed economic system that incorporates a variety of private freedom, blended with centralized economic planning and government regulation. Argentina is a member of the Common Market of the South (Mercosur). The economy of the country will grow at 7.2% in 2021, as...
Vedanta Aluminium Business outperforms at PAT Cycle-II scheme by Ministry of Power
Commodities tycoon Anil Agarwal led Vedanta Aluminium, which is also India’s largest producer of aluminium and value-added products, has secured the top spot at Perform, Achieve and Trade (PAT) Cycle-II among the Indian aluminium industry. The Ministry of Power, Govt. of India’s regulatory...
Rio Tinto, Unifor draw up labour agreement for Kitimat aluminium smelter
On 25th September 2021, the global mining and metal giant Rio Tinto stated that the company and Canadian union Unifor has drawn up an agreement in principle on a new Collective Labour Agreement for BC Works. The agreement materializes following the number of weeks the second-round discussion...
Czech Republic’s export of aluminium tubes and pipes fittings during 2018-20 demonstrates steep to marginal rise; 4.5% growth estimated for 2021
The Central European country, the Czech Republic is counted as a developed country with a high-income economy. Its economy revolves around its employment rate, which the region is resolute on maintaining. With the pressure on public funds, Czech Republic's focus has been on increasing employment...
EGA accomplishes work of new 600-megawatt power plant
Emirates Global Aluminium in UAE, the top primary aluminium producer in GCC and a leading aluminium producer globally, has announced the accomplishment of its power plant, which will remarkably enhance environmental performance at EGA in Jebel Ali. The first in the UAE and the global aluminium...
BALCO inks MOU with VNIT Nagpur for green concrete solution towards developing sustainable road
India’s primary aluminium producer, Bharat Aluminium Company (BALCO) has lately inked a Memorandum of Understanding (MoU) with Visvesvaraya National Institute of Technology (VNIT) Nagpur for using their green concrete solution towards road construction inside the plant area and the adjacent areas....
