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.
India imposes anti-dumping duty on aluminium foil imports from China, Thailand, Indonesia and Malaysia
The Ministry of Finance, Govt. of India has imposed definitive anti-dumping duty on aluminium foil imports of thickness 80 microns and below from China, Malaysia, Thailand and Indonesia. The validation of the duty is for five years, while it ranges from $93.53 to $976.99 per tonne depending on the...
Downstream Products Weekly Recap: Alcomet commences the operation of new facility for processing of aluminium profiles; Aluminium price upsurge improves Hindalco's earnings outlook: Jefferies India
The aluminium downstream sector remained insightful during the week. However, the political instability in the world’s second-largest producer of bauxite, Guinea has installed another gear to the hike in the price of aluminium and it reached to 13years high of $3000 per tonne. Bulgaria’s Alcomet,...
Bauxite Weekly Recap: Guinea coup leader seeks mining companies support for the development of national economy; Worldwide bauxite production to reach 406.7 million tonnes by 2025: GlobalData
The political instability in the West African nation Guinea still pursued this week, though mining operations in the country continues unhampered and ports remained functional for shipment. However, the coup in Africa’s bauxite kingdom has stirred the price of aluminium to 13 years high at $3000...
Rescom acquires bauxite shipment for Anrak alumina refinery from Guinea
Rescom’s has purchased a cape bauxite shipment from Guinea for Anrak Aluminium’s alumina refinery and is expected to reach India in October 2021, as reported by a higher official. Rescom Mineral Trading Fze, a mineral, mining, processing and trading company headquartered in Dubai, UAE and is a...
Ghana inks $1.2 billion agreement with Rocksure International to develop bauxite resources
The West African nation Ghana, spanning the Gulf of Guinea and the Atlantic Ocean to the south has selected a wholly-owned Ghanaian company, Rocksure International as a strategic partner to develop a bauxite mine and alumina refinery in a bid to develop an industry out of its untapped aluminium ore...
India: The packing sector enters a challenging phase with hike in price of raw materials
The corona crisis has sceptically strained the packaging industry including aluminium in Uttar Pradesh’s Gautam Budh Nagar district. In accordance with the entrepreneurs of the industry, the prices of essential raw materials like aluminium foil have escalated by 70% during the pandemic and freight...
Japan’s import of aluminium containers during 2018-21 unveils steady growth
Aluminium foil provides a complete blockade to light, moisture and aroma. Hence it extends the shelf life of foodstuffs, care products or medicines. In the present day, it is available in every conceivable market, comprising sterile beverage cartons, sachets, pouches, lids, wrappers, blister and...
Guinea coup leader seeks mining companies support for the development of national economy
The army unit head of Guinea who lead the coup, solicited the mining companies to support the development of the nation’s economy, even though he assured the industry that production would be allowed to pursue unhampered following the political turmoil on 5th September. Colonel Mamady Doumbouya,...
Chief Minister of Odisha inaugurates the expansion of Hindalco’s Utkal Alumina refinery
On 16th September 2021, the Chief Minister of Odisha Naveen Patnaik virtually inaugurated Utkal Alumina refinery’s expansion of production capacity from 1.5 MTPA to 2 MTPA at Doraguda, Kashipur in Rayagada district. Aditya Birla Group, the parent company of Utkal Alumina has injected around INR...
Alcomet commences the operation of new facility for processing of aluminium profiles
On 16th September 2021, Alcomet, the leading manufacturer of aluminium rolled and extruded products in Bulgaria stated that it put into operation a new facility for processing of aluminium profiles following an investment of € 6.9 million. Alcomet in a bourse filing stated that the new equipment...
Alpha HPA joins Australian Aluminium Council as the first high purity alumina project
The Australian Aluminium Council, which represents Australia’s bauxite mining, alumina refining, aluminium smelting and downstream processing industries declared the joining of the world’s most sustainable high purity aluminium producer Alpha HPA Limited as a new member, diversifying the Council’s...
Swiss import of aluminium stranded wire during 2019-21 exhibits mercurial movement
The economy of Switzerland grew by 1.8% in Q2 and stronger household consumption played a vital role as the easing of Covid-19 restrictions succoured reversed earlier declines. In June 2021, the Swiss government raised its economic growth. It expects that annual GDP growth will attain 3.6%, up from...
Worldwide bauxite production to reach 406.7 million tonnes by 2025: GlobalData
The primary source of aluminium production, bauxite gained its output by 1.2% in 2020, from the previous year to 371 million tonnes, as per the latest report by GlobalData. The London headquartered data analytics and consulting company GlobalData, a gold standard data provider to the world's...
Saudi Arabian minister promotes Kingdom’s growing mining sector at MINExpo International 2021 in Las Vegas
On 15th September 2021, the deputy minister from Saudi Arabia’s Ministry of Industry and Mineral Resources achieved to persuade that the Kingdom’s germinating mining sector stands as a cinch for future rewards. The mining affairs minister, Khalid Al-Mudaifer, attended the MINExpo International 2021...
Vedanta rolls out ‘V-Safe’ mobile app to fortify workforce safety at its largest aluminium smelter in Jharsuguda
India’s largest producer of aluminium and VAP, Vedanta has rolled out a safety mobile application called ‘V-Safe’ at its largest aluminium smelter in Jharsuguda, Odisha, to reinforce its safety culture. V-Safe is the newest digital mediation in a long line of technology-led addition that Vedanta...
Aluminium price upsurge improves Hindalco's earnings outlook: Jefferies India
The continuous upsurge in aluminium prices and disorder in global bauxite supply has attracted investors keen towards integrated aluminium producers such as Hindalco. The diversified financial services company engaged in investment banking and capital markets, asset management and direct investing,...
Brazil’s import of aluminium containers for compressed gas during 2019-20 marks marginal growth; 2021 predicted with minimal dip
Compressed gas is another way to obtain mechanical energy storage. So, when a piston is used to compress a gas, energy is stored in the gas and can be released later by reversing the movement of the piston, hence pressurised gas is, therefore, an energy store. However, it can release energy that...
MP, Council Leader visits Alupro to attain firm's role in supporting the UK to improve its aluminium packaging recycling rate
The Member of the Parliament of Redditch, UK Rachel Maclean and Council Leader Matt Dormer recently visited the headquarters of aluminium packaging recycling organisation Alupro, to attain more about the firm’s functionality in supporting the nation to enhance its aluminium packaging recycling...
