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.
Alvance Aluminium anticipates Highland council’s approval for the aluminium recycling plant next to Lochaber smelter
The Highland Council is due next week to come up with a decision on the application to build an aluminium recycling plant that will be able to manage 100,000 tonnes of metal per year. GFG Alliance’s aluminium arm Alvance, the applicant stated: “The green energy used will help it to draw custom from rival plants that use fossil fuels.” Sanjeev Gupta led group will build this recycling plant on a 5.0-hectare site near the Lochaber Smelter at Fort William. The proposal is for the aluminium recycling and billet casting facility that will produce solid blocks of aluminium using a combination of recycled aluminium and primary aluminium from the smelter. The molten metal from the aluminium smelter would enter the new building at the north end and scrap aluminium brought into the southern...
Gravita starts off aluminium production from its new recycling plant in Mozambique
Gravita India had made public that a step-down subsidiary of the company located at the Southeast coast of Africa, Mozambique has commenced commercial production of Aluminium from its new recycling facility with an annual capacity of around 4,000 MTPA in addition to its existing lead recycling facility of 4,500 MTPA and is also work-in-process of setting up of a new plastic recycling unit in Mozambique. The Company is anticipating additional revenue of approx. INR 50 crore per annum combined with gross margins of 18% from the aluminium recycling plant. The flagship recycling company has invested of approx. INR 2 crore for acquiring and commissioning this new recycling unit, which is invested from internal accruals of the group. The recycling plant is built on leased premises keeping...
Bahrain’s import of aluminium structures during 2018-20 displays uneven movement; 390% growth estimated for 2021
In 1971, the Gulf region’s first aluminium ingot was produced at Aluminium Bahrain (Alba), hallmarking the initiation of a program of industrial diversification that was both bright and enterprising. The high strength to weight ratio makes aluminium a vital structural material for multiple usages. The Kingdom of Bahrain imported 6098 tonnes of aluminium structures during 2018-20 and the revenue expended for the import by the nation on the Persian Gulf was $27.22 million. Bahrain’s import of aluminium structures in 2018 was recorded at 2015 tonnes and the expenditure accounted counted to $8.60 million, whereas, in 2019, the import displayed growth of 50.86%, as the import volume rose to 3040 tonnes and the expenditure also escalated to $12.91 million. The importation of aluminium...
Political unrest in Guinea could stir fuss at Rusal’s Friguia alumina refinery
The coup in Guinea the previous week stormed the international aluminium markets and propelled the prices for the metal surging to a 13-year high on the London Stock Exchange. The dethroning of President Alpha Condé can lead to a major fuss for Russian aluminium giant Rusal, the global leader of low-carbon aluminium producer, who owns Friguia alumina refinery, the largest in Guinea. Now, if the refinery is pressurized to cease operations, it would be big financial distress to Rusal, forcing the global aluminium prices to tower at a much higher level. The world largest exporter of bauxite Guinea countered a political turmoil last week, as Col. Mamady Doumbouya led a team of Special Forces suspended the constitution, seized power, dissolved the parliament and closed the borders. The Col....
Coup in Guinea drives China’s multi-billion-dollar trade and investment scheme ‘The Belt and Road Initiative’ to more complexity
The coup in Guinea that by overthrowing President Alpha Conde in the previous week, the recent military takeovers in Chad and Mali, as well as an attempted coup in Niger, is adding fuel to complicate China's inroads into the semi-arid Sahel region and parts of West and Central Africa. The larger Sahel region is gaining agitation like the latest coup could stir to more political disquiet in the region, where China has been eyeing to stretch its multibillion-dollar trade and investment scheme, 'The Belt and Road Initiative'. The bauxite rich Guinea and also with huge reserves of iron-ore has been suspended from the Economic Community of West African States (ECOWAS), following power seizure by the military. A large landlocked country spanning north-central Africa, Chad has reserves of...
South Korea: The billion-dollar aluminium scrap import market demonstrates volatile movement during 2019-21, expenditure tends to upsurge
The manufacturing sector has navigated South Korea’s expeditious economic development, switching it into a global industrial hub. The country is one the largest shipbuilding destination, fifth in car making, sixth largest steel producer and a billion-dollar surplus importer of aluminium scrap. Smart manufacturing and services dominate the economy, employing the majority of the population, among it includes the major manufactures are mobile phones, consumer electronics, household whitegoods, cars, ships, steel and all of which are exported around the world. The East Asian nation on the southern half of the Korean Peninsula, South Korea imported 1.47 million tonnes of aluminium scrap during 2019-20 and the expenditure recorded for the import volume was $2.69 billion. In 2019, the South...
Aluminium industry agonizes on the emerging complications of its supply: Industry players at Harbor Aluminium Summit
The hitch in the aluminium supply chain that has agitated the global commodity markets, while propelling the prices to a 13-year high in the previous week is unrealistic to prosper pretty soon. During North America’s largest aluminium conference ‘Harbor Aluminium Summit’, this was the message which has come from producers, consumers, traders and shippers. In 2021, the metal aluminium has leapt 48% on gushing demand, shipping bottlenecks and China’s restrictions in production, fuelling inflation disquiets and causing a major hassle for consumer-goods producers encountering intensifying material dearth apace with the strong rise in costs. However, several participants in the Harbor Summit remarked that the tangled supplies will pursue to torment the aluminium industry through most of 2022,...
Odisha’s Maliparbat bauxite mines gain public resistance ahead of the hearing for environmental clearance
The Maliparbat bauxite mines in Koraput district of India’s eastern state Odisha gains public resistance with ethnics as well as the activists from across the whole district compounding their stake ahead of the public hearing for environment clearance on 22nd September by the Odisha State Pollution Control Board (OSPCB). On 10th September 2021, hundreds of people from three village councils (Panchayat) of Semiliguda block participated in a protest meeting called to resist renewed operations at Maliparbat mines. Under the banner of Maliparbat Surakhya Samiti (MPSS), the organisation resisting Hindalco Group’s efforts as it seeks a fresh lease to resume bauxite mining, the agitators assembled. However, the public hearing by OSPCB will be held at Kankadaamba village. The ethnics proclaimed...
Mahindra rolls out XUV700 in the variant of aluminium diesel engines and gasoline
The billion-dollar global automotive enterprise headquartered in India, Mahindra with the continuation of its ‘Freedom Drive’ unveiled XUV700, a truly distinguished vehicle. Mahindra’s ‘Freedom Drive’ is a concept to observe the XUV700, which will travel across 20 cities in India in a convoy of 80 vehicles distributed in all four east, west, north and south regions. The XUV700 is available in all Aluminium Diesel engines and also gasoline variants with New Generation 6-speed Manual and Automatic Transmission options. On 4th September 2021, from the Mahindra Research Valley in Chennai, the XUV700 convoy was flagged off for the glorified journey. The vehicle launched with a vigorous positive response. The luxurious and avant-garde exterior of the XUV700 tenders an aerodynamic design.
Bauxite Weekly Recap: World's largest bauxite exporter Guinea’s mutinous military unit seizes power, suspends constitution; Coup in Guinea shifts bauxite price to 18-month high
On 5 th September 2021, the coup in Guinea, the mining powerhouse quake the global aluminium market. Guinea contests with Australia as China’s largest supplier of bauxite, the raw material used to make alumina and eventually the metal aluminium. According to the Ministry of Mines and Geology data, the nation shipped 82.4 million tonnes of bauxite globally last year, while a major chunk of that went to China, the world’s biggest aluminium-consuming country. The price of aluminium has escalated to the highest ever in 10 years, the alumina price has also surged and now Guinea’s political instability is expected to fire up the global bauxite prices. Samuel Abu Jinapor, the Minister of Lands and Natural Resources of Ghana, on 2nd September 2021, inaugurated the new Governing Board of GIADEC...
India: DGTR recommends anti-dumping duty on certain ‘Flat-Rolled Products of Aluminium' from China
The Ministry of Commerce, Govt. of India's investigation arm DGTR has recommended the imposition of anti-dumping duty on certain aluminium products from China to safeguard domestic producers from cheap imports. The dumped imports of 'Certain Flat-Rolled Products of Aluminium' from China have impacted the domestic aluminium industry, as concluded in its probe by the Directorate General of Trade Remedies (DGTR). DGTR notified by quoting: “The material injury suffered by the domestic industry has been caused by the dumped imports.” "The Authority, therefore, considers it necessary to recommend imposition of the definitive anti-dumping duty on all imports of the subject goods originating in or exported from China," it added. The DGTR has recommended $65 per tonne and $449 per tonne on...
Final Call to feature your brand in the third edition of our E-Magazine “Aluminium Industry 4.0: Drivers & Change Makers of 2021”
The third edition of AlCircle’s e-Magazine “Aluminium Industry 4.0: Drivers & Change Makers of 2021” is getting ready to be published this month. This denotes, that time is now to perceive from the key players of the aluminium value chain industry about the importance of Industry 4.0 or the Fourth Industrial Revolution in the manufacturing and industrial sector. The companies and associations that have already confirmed their participation in this E-magazine include Granco Clark, Fives, Mecfor, Gouda Refractories, ALUMEX, SECO/WARWICK, TVARIT and International Aluminium Institute. However, the AlCircle Team is still welcoming more companies and associations on the e-Magazine, in an endeavour to broaden the participation and outpace the global reach in this edition. Globally a large number...
New Zealand’s import of aluminium household articles during 2019-21 signifies marginal growth
The economic recovery of New Zealand is likely pursued in Q2, though at a minimised pace. The robust expansion in electronic card transactions, combined with a considerable fall in the unemployment rate and higher consumer confidence, indicates resilient household spending. The economy is set to recoil strongly in 2021, cushioned by recovering domestic and foreign demand amid the gradual lifting of restrictions and expansionary fiscal and monetary policy stances. The island country in the south-western Pacific Ocean, New Zealand with a population of approx. 4.86 million, imported 3510 tonnes of aluminium household articles during 2019-20 and the expenditure occurred for the import accounted to $25.63 million. New Zealand’s import of aluminium household articles in 2019 was recorded at...
Daikin Industries plans to replace half of the copper units with aluminium
The escalation of copper price to a record level in 2021 is stirring buyers in a vitally segmented consumer market to consider economic substitutes, which reflects an early indication of an avenue that high prices forcefully can knock down demand. The air-conditioner industry’s consumption is at risk, as it accounts for a substantial chunk of global copper demand. Daikin Industries, the Japanese multinational air conditioning manufacturing company headquartered in Osaka, which is also the world’s top equipment producer, plans to replace half of the copper in its units with aluminium by 2025. However, in China, a state researcher is working with the country's top home-appliances groups on utilising more aluminium. Song Jingxue, Director at the China Household Electric Appliance Research...
West Africa's main political and economic bloc suspends Guinea after the coup; Col Doumbouya assures mining will continue unhampered
On 8th September 2021, the main political and economic bloc of West Africa has suspended Guinea's membership following a weekend military coup that has overthrown President Alpha Conde and inflicted a blow to democracy in the region. The leaders from the 15-member Economic Community of West African States, ECOWAS during a virtual summit demanded Alpha Conde’s immediate release and a return to the constitutional order. The EOCWAS leaders also agreed to send a high-level mission to Guinea on 9th September 2021 earliest, as stated by Alpha Barry, Foreign Minister of Burkina Faso. Barry further added: "At the end of that mission, ECOWAS should be able to re-examine its position.” However, he did not declare any overnight economic sanctions against Guinea, as ECOWAS imposed against Mali...
Slovenia’s import of aluminium scrap during 2018-20 exemplifies rapid growth followed by a marginal drop; 8% upswing predicted for 2021
The second most recycled metal after the steel is aluminium, and about one-third of all aluminium is extracted from scrap products. Recycling of aluminium diminishes the need for raw materials and also restricts the usage of valuable energy resources. The primary benefits of aluminium recycling are that it uses 95% less energy than producing aluminium from raw materials. However, it also saves 97% of GHG emissions emitted in the primary production process. Recycling 1 tonne of aluminium saves around 9 tonnes of CO2 emissions and approx. 4 tonnes of bauxite. Recycled aluminium is used in the manufacturing of aircraft, automobiles, bicycles, boats, computers, cookware, gutters, siding, wire, cans, etc. Slovenia is an independent, advanced, and stable nation and has had an open market...
India: Chief Minister of Chhattisgarh approves INR 267 crore mining proposal, Govt. to explore new areas for bauxite
On 7th September 2021, the Chief Minister of Chhattisgarh Bhupesh Baghel approved mining proposals worth INR 267 crore. The proposals are related to several projects of the Mineral Resources Department and Chhattisgarh State Mineral Development Corporation and incorporate proposals for the development of Kerwa coal block, Iron Ore Deposit-4, exploration of new bauxite areas, the survey of minerals and upgrade of online mineral portal operated for mining activities. Chief Minister Baghel, holding the mining portfolio, chaired a meeting of the Mineral Development Fund Advisory Committee, said in an official statement: “At present, the government every year allocates 5% of the amount received as mineral revenue to the Mineral Development Fund. This is utilized to develop minerals in the...
Rusal appoints former-Chalco Trading CMO Deng Gang as Sales Director for China market
On 8th September 2021, the world's largest manufacturer of low-carbon aluminium, Rusal confirms the appointment of former Chalco trader Deng Gang as its new Sales Director for the China market. Deng previously held the position as Head of China for Concord Resources and before that, from 2016-20 he was the Chief Marketing Officer for Chalco Trading Hong Kong Ltd., a unit of China's state-run aluminium maker Chalco. Deng has joined Rusal’s Shanghai office this week and will report to Roman Andryushin, Deputy General Director for Sales in Russia, CIS and China. He is countering a busy start in the job as several Chinese regions impose restrictions on aluminium producers, redirecting Shanghai aluminium prices SAFcv1 to 13-year highs on concerns of limited supply and boosting the import...
