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.
Primary Aluminium Weekly Recap: UAE’s aluminium giant EGA refinances $5.5 billion corporate facility to further improve its capital structure; Bechtel Corporation concludes feasibility study for Egyptalum’s expansion plan
The global primary aluminium segment remained in the highlights for the complete week, with the largest primary aluminium producer in GCC, Emirates Global Aluminium (EGA), which also ranks among the five top aluminium producers in the world, has refinanced $ 5.5 billion corporate debt to further enhance its capital structure. However, in North Africa at another Gulf nation, Egypt, Bechtel Corporation, one of the most respected engineering, construction, and project management companies in the world have concluded the engineering study for the expansion project of Egypt’s largest aluminium smelter Egyptalum. En+ Group, the largest producer of low-carbon aluminium and the biggest independent hydropower generator, has announced that it has begun the installation of a new impeller at one of...
Azelio bags a new supply contract in North Africa
The Swedish company Azelio will install 20 units for the storage of electricity produced from solar photovoltaic systems in Egypt, as it has received the order from the Egyptian company Engazaat Development S.A.E. It is a part of a project to develop ecological agriculture in Egypt. The renewable energy technology-driven company will deliver 20 storage units for electricity generated from renewable sources for a price of $1.5 million. The contract is with the Egyptian company Engazaat Development, which specialises in the development, implementation and management of infrastructure systems in the water, technology and renewable energy sectors. Azelio aspires to install its ES.POD® units at the project site. It is a system that stores renewable energy in recycled aluminium and provides...
Recycled Aluminium Weekly Recap: Tata Motors ties up with Gujarat govt. to set up vehicle scrapping centre, eyeing 99% materials recovery including aluminium; Recycling and sustainable solutions driving the demand of aluminium cans in packaging industry: Ball Beverage Packaging, India
The aluminium recycled sector remained quite spotlighted this week, primarily due to the Tata Motors proposal to build a 36,000 vehicle per year scrapping facility in Gujarat, India came down in a row with the country’s focus to increase domestic scrap metal processing capacity and diminish dependency on scrap imports. On the path, Ball Beverage Packaging’s India unit is diversifying its aluminium cans packaging offering to multiple other segments such as sparkling water, wine and alcoholic drinks i.e. whiskey, rum and vodka to cater for the surge in demand, due to aluminium 100% recycling feature. The recycling of aluminium is gradually becoming crucial in the global aluminium value chain business, as it bars the metal aluminium to be sourced from the excavation of bauxite and shields...
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Brazilian aluminium producer ‘Companhia Brasileira de Alumínio’ to venture its expansion across the value chain
The aluminium arm of Brazilian conglomerate Votorantim SA is venturing on a shortfall of the metal which is used producing from beer cans to plane parts. Ricardo Carvalho, Chief Executive Officer, CBA said: “Companhia Brasileira de Aluminio plans to invest 4 billion reals in the next five years as it overhauls and expands operations.” In July 2021, the aluminium company step its foot in the Brazilian bourse after a 1.4 billion-real offering also wants to do deals along the value chain. The growth plans range with CBA’s view that the metal aluminium is approaching a supply deficit as global de-carbonisation efforts foster demand at a time when China is restricting smelting. The metal used which is used to reduce vehicle weight has held up better than most commodities despite the growing...
Germany’s export of Aluminium cans to top 5 countries in 2020
Aluminium cans are replacing plastic bottles for packaging in the global beverage and beer industry. Other than aluminium is lightweight and cans make efficient use of space, less transport is usually needed than for plastics, while reduced power is also required to chill drinks in cans, especially in the tropical atmosphere. However, the most vital point for the rise in demand of aluminium cans is the metal's recycling property, which saves 90% of the energy consumed to produce the metal if sourced from mining ore. Hence, aluminium is considered a much more sustainable alternative to plastic. Aluminium cans are the 520 th most traded product globally and Germany stands in the topside, as the export destination of aluminium cans. In 2020, the Western European nation, Germany, renowned for...
Car parts maker Gestamp Aycliffe back on track after securing new deals, including aluminium sub-frames contract for Range Rover
The Newton Aycliffe, UK based business, which manufactures chassis components, has infused in new machinery to reinforce four new deals that comprehend long-term projects with Nissan, BMW and Jaguar Land Rover, which will succour jobs for the upcoming years. The company stated the new projects will drive the creation of 130 new jobs opportunities at its Newton Aycliffe facility, which is already occupied with more than 1,000 people and will observe it produces more than eight million parts over the next nine years period. Jonathan Phillips, Plant Director, Gestamp Aycliffe said: “We’re delighted to win these new contracts which involve the introduction of new productions and new facilities within our Aycliffe plant.” "Much of the components from these contracts will be exported all around...
Digital Manufacturing Centre in the top 1% worldwide high-strength aluminium alloy ‘Scalmalloy’ suppliers
The Digital Manufacturing Centre (DMC), one of the world's most advanced additive manufacturing facilities has achieved results in the top 1% worldwide for APWORKS’s innovative high-strength aluminium alloy Scalmalloy that is supreme for use in high-performance applications in sectors like aerospace, robotics, marine and motorsport. The outrageous strength aluminium alloy available for additive manufacturing (AM) is Scalmalloy, whose offering performance is analogous to high-strength 7000 series alloys. The proven material combines a tensile strength of 520MPa and yield strength of 480MPa with exceptional ductility and is ideal for highly loaded and safety-critical parts. Scalmalloy’s components performance and environmental resistance have been exemplified in a manifold array of...
UAE’s aluminium giant EGA refinances $ 5.5 billion corporate facility to further improve its capital structure
The largest industrial company in the United Arab Emirates outside oil and gas, Emirates Global Aluminium (EGA) has prosperously refinanced $ 5.5 billion of corporate debt, deleveraging and improving repayment terms to lessen costs and validating the best dividend policy in future years for shareholders. The term loan facility narrows by $1 billion the size of EGA’s existing seven-year $ 6.5 billion loan facility signed in 2019, as strong aluminium prices and EGA’s operational performance drive liquidity at the company. The new facility, which is a senior unsecured loan, reprofiles EGA’s scheduled debt repayments and extends them by 2.5 years. The terms incorporate a mechanism that delivers material reductions in the cost of debt to EGA as the company further strengthens its balance sheet...
Greece export of Aluminium scrap to top 5 countries in 2020
The recycling of aluminium is gradually becoming crucial in the global aluminium value chain business, as it bars the metal aluminium to be sourced from the excavation of bauxite and shields exploitation. The aluminium industry generates a huge amount of metal scrap and also aluminium in use collected as metal scrap now get processed for recycling, instead of landfilling, which is considered as a harmful act. The cradle of Western Civilization, the birthplace of democracy, the Olympic Games, Greece exported 17,334 tonnes of aluminium scrap in 2020 and the revenue generated from the export accounted for $16.01 million. In 2020, Greece exported aluminium scrap to 23 nations around the globe, while the top five nations are India, Albania, Netherlands, Bulgaria and Italy imported 53.40% of...
‘Mines and Geology Department gearing up to levy penalty on Andru Minerals’: Andhra Pradesh Govt. officials
The Department of Mines and Geology, State Government of Andhra Pradesh which is investigating the alleged mining of bauxite by Andru Minerals, has prima facie that the company violated norms to excavate 200,000 tonnes of the mineral through the Mineral Dealer License (MDL) that was secured. However, in 2019, the mining company had shut down its operations at Vanthada village of Prathipadu Mandal in East Godavari district. On 18 th August 2021, Gopal Krishna Dwivedi, Principal Secretary (Mines, Panchayat Raj and Rural Development) and V.G. Venkat Reddy, Director (Mines and Geology) said: “The department was gearing up to levy a penalty on the company for flouting the rules and excavating unaccounted quantity of laterite.” Venkat Reddy added: “During the inquiry initiated following...
RUSAL enhances alloy composition for anodized aluminium facade panels
The Russian aluminium giant, Rusal made public that it has improved the alloy composition for anodized aluminium facade panels and this will enhance the quality of building cladding products supplied to the market. However, as part of the project, RUSAL has successfully mastered the production of slabs from an optimized alloy (5005A) at the Bratsk Aluminum Smelter. The alloy is made of low-carbon ALLOW aluminium and will be utilized for the production of facade panels. With this development, RUSAL's partners are adjusting the technology for producing sheets for anodizing aiming to obtain a higher surface quality. The goal of the project is to reduce the percentage of rejections due to issues around the appearance of facade panels and to stabilize the colour shades of the anodic panel...
Alpha HPA, Orica collaborates for HPA First Project in Gladstone
The New South Wales, Australia headquartered Alpha HPA has signed definitive agreements with Orica Australia, the global leader in mining and civil blasting for the HPA First Project in Gladstone, Queensland. The collaboration implies the supply and offtake of by-products to and from Alpha's First Project and Orica's Yarwun manufacturing facility. The agreement incorporates a supply and offtake deal and a project execution agreement that details the capital investment obligations and the scope for commissioning, reagent and by-product validation trials. Alpha said: “The newly signed agreements secure the commitment by both parties to leverage the process synergies to unlock the value from both of their projects.” The agreement is valid for a 10-year term with an option to extend for...
Austria’s import of aluminium containers during 2019-20 unveils uneven movement; 11% shrink projected for 2021
Aluminium containers are considered as best packing materials in the food industry, as it provides blockade to protect food against light and air and preserves food quality, however it can also be recycled and designed individually according to consumer’s requirements and can also be produced in different sizes and shapes. The landlocked East Alpine country in the southern part of Central Europe, Austria imported 862 tonnes of aluminium containers during 2018-20 and the revenue expended for the import accounted for $7.12 million. Austria imported aluminium containers of 311 tonnes in 2018 and the expenditure occurred for the import was $2.37 million, whereas, in 2019 the import showcased a sharp downfall by 24.75% and the expenditure also fell short to $2.05 million. In 2020, the nation’s...
Aluminium Rolling Industry in Gulf: A heritage of 4 decades, top three rolling mills
In 1971, the Gulf region's first Aluminum ingot was manufactured at Aluminum Bahrain, hallmarked the inception of industrial diversification that was both courageous and enterprising. Presently, the Gulf region is the hub of some of the largest, ultra-modern, and environmentally friendly aluminium production facilities. However, these primary aluminium producers have built avenues to many downstream industries and a variety of sophisticated ancillary businesses, who accordingly contribute to the region's economic prosperity and strength. The top three aluminium rolling companies in the Gulf region are: MA’ADEN ROLLING GARMCO OARC MA’ADEN ROLLING – SAUDI ARABIA Ma’aden Rolling Company (MRC) is 100% owned by Ma’aden with a production capacity of 460,000 tonnes annually. At present, it...
Bosai Minerals Group of China intends to pull out, tension mounts at Ghana Bauxite Company
The Ghana Bauxite Company (GBC) Ltd. Awaso in the Bibiani-Anhwiaso-Bekwai district in the Western North Region of the country is mounted with tension and disquiet following the decisiveness of pull out by the strategic investor. Bosai Minerals Group from China, the investor which holds an 80% stake in the company, has written to the Government of Ghana concerning its intention to sell its shares and depart. The Chinese mining group has decided to adieu the country apt to the non-renewal of the mining lease of the GBC which expires on 9 th January 2022. <iframe width="500" height="420" src="https://www.youtube.com/embed/iIrljoVB-H8" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture"...
HK Metals Utama’s financial statement unfolds rise in aluminium sales amid Covid-19 pandemic
The largest distributor of aluminium extrusion in Indonesia, HK Metals Utama’s revealed that its aluminium sales have grown significantly, amid the Covid-19 pandemic. The 2020 financial statement of the company reflects that throughout the year the aluminium sales surged to Rp 264.11 billion when compared to the previous year's Rp 225.86 billion. Concurrently, until Q1 2021, aluminium sales were still the largest contributor to the Company's revenue of Rp 67.95 billion, however, it decreased to Rp 91.44 billion, when compared to the same period last year. On 16 th August 2021, Jodi Pujiyono, Director and Corporate Secretary of HKMU said: “The (pandemic) still has an impact, but we can consider that aluminium is a sector that is resilient to COVID-19.” He further added: “This was also...
Indonesia’s import of aluminium tubes and pipes during 2019-20 exhibits significant growth; 10% upswing estimated for 2021
Indonesia countered one of the world's worst coronavirus outbreaks due to the expeditious spread of the Delta variant, reporting around 1,000 deaths from the deadly virus each day in July 2021. Bank Indonesia, the central bank of the country held its key interest rate at a record low to cushion the economy amid a growing COVID-19 crisis. Indonesia, a country that majorly exports crude petroleum and natural gas has imported 11,758 tonnes of aluminium tubes and pipes and the expenditure occurred for the import was accounted for $43.59 million. In 2019, the import of aluminium tubes and pipes in Indonesia was recorded at 5530 tonnes and the foreign currency expended on the import counted to $22.22 million, whereas, in 2020 the import exhibited a surge by 12.62%, as the import volume...
Recycling and sustainable solutions driving the demand of aluminium cans in packaging industry: Ball Beverage Packaging, India
The General Manager and Vice President of Ball Beverage Packaging for India and Southeast Asia, Amit Lahoti said: “The demand for can-packed products would sharply rise, given the increasing emphasis on recycling and sustainable solutions.” Mr Lahoti highlighted that the per capita can consumption in India is one per annum while it is 70 in Vietnam and about 40 in China. He further added: “Consumer behaviour and safety concerns in the wake of the pandemic were fuelling demand for aluminium cans in India.” Ball Beverages Packaging India is the subsidiary of American multinational Ball Corporation and supplies aluminium cans for beverages and beer companies. “There is increased awareness around how plastic packaging is adversely affecting marine life, polluting the rivers and oceans and...
