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.
RUSAL deploys neural network at the Irkutsk Aluminium Smelter to detect production quality of aluminium ingots
The Russian aluminium giant, RUSAL has deployed a neural network to detect the quality of aluminium ingots produced at the Irkutsk Aluminium Smelter. The latest system automatically scans the surface quality of small aluminium ingots during production. Surface defects on each aluminium ingot are...
Kazakhstan’s import of aluminium container during 2019-20 records impressive growth; 13% slash estimated for 2021
Kazakhstan will resist deeper integration and strengthen its ties with China and the West, while its relationship with Russia remains crucial. The country’s GDP forecast says that it will return to the pre-crisis level by the end of 2021 and the economy will pursue to be sensitive to commodity...
Ghana gets 5 year time from EU to evade carbon border tax on its aluminium
European Union is a political and economic union of 27 member states that are located primarily in Europe and released the summarized details of its carbon border tax, stressing on other nations to validate carbon pricing by 2026 instead of countering carbon border tax. The carbon tariff will apply...
Focusing global aluminium industry’s dust challenge, Hencon launch compact vacuum cleaner ‘EVY’: Fresh Thinking, Smart Cleaning
On 15th July 2021, Hencon, the globally renowned engineering company delivering solutions and services to the aluminium and mining industry launched compact vacuum cleaner ‘EVY’, keeping its tagline ‘Fresh Thinking, Smart Cleaning’. Hencon is consistently progressing new improvements and...
Aluminium End-user Weekly Recap: Ball Corporation to expand cans capacity with new aluminium beverage packaging plants in UK & Russia; Indian electronics brand ‘Noise’ rolls-out smartwatch made from aircraft grade aluminium
The aluminium end-user segment unfolded some of the best news from across the world. The American multi-national and the world's leading provider of innovative, sustainable aluminium packaging for beverage, personal care and household products, Ball Corporation intends to expand increase its...
Weekly Aluminium Recycling Recap: Robina Town Centre announces new container recycling initiative; Corona crisis crashes the aircraft scrap metal recycling market
Aluminium recycling is a major role player for driving the sector towards low-carbon, however this week the buzz kept low. In Australia, Robina Town Centre has teamed up with not-for-profit organisation Container Exchange to launch a new container recycling initiative named Partners for Change,...
Weekly Aluminium Downstream Recap: Sanjeev Gupta battles to save its Belgian aluminium rolling mill from US equity firm AIP; Alucast’s £200,000 investment supports to bounce back from pandemic
The global aluminium downstream sector is gradually regaining its power following the severe crisis rooted in multiple waves of the Covid-19 pandemic. The Indian born British metal magnate Sanjeev Gupta battles to save its Belgian aluminium rolling mill from US equity firm AIP and the British firm...
Mubadala Investment eyes excess of $20 billion for EGA in IPO
The UAE based sovereign wealth fund Mubadala Investment Company is aiming at a value excess of $20 billion comprising debt for Emirates Global Aluminium PJSC as it moves closer to listing the business, according to an industry expert. The industry expert also added that Mubadala Investment has...
Uruguay’s import of aluminium bar rods and profiles during 2019-20 reveals marginal growth; 10% growth predicted for 2021
The economy of Uruguay economy is heavily dependent on its neighbours, Brazil and Argentina. In 2020, the country’s GDP plunged by an estimated 5.7%, primarily due to the impacts of the COVID-19 pandemic not only in the country but also in its neighbours. However, it should be considered that the...
Indian electronics brand ‘Noise’ rolls-out smartwatch made from aircraft grade aluminium
The Indian consumer electronics brand, Noise which started in 2014 founded by Amit Khatri and Gaurav Khatri has developed to be a popular wearable brand, now rolled out another smartwatch in the market. On 15 th July 2021, the electronic company revealed Noise ColorFit Ultra at an online event. The...
South Korean aluminium and steel industry to face trouble from EU's new carbon policy
On 15th July 2021, South Korea's Ministry of Industry stated that the nation's aluminium and steel sectors are expected to be counter trouble from the European Union’s carbon border tax. The announcement from the ministry came a day after the EU declared its intention to implement the Border Carbon...
Hungary’s export of aluminium plates, sheets and strips during 2018-20 demonstrates instability; 10% growth predicted for 2021
Hungary economy is an export-oriented market economy with a substantial significance on foreign trade. The country is the 35th largest export economy in the world. The ERSTE Research predicted that the Hungarian economy to grow by 3.90% in 2021. The landlocked central European nation, Hungary...
Cameroon’s aluminium producer ALUCAM suspends formerly declared 8% price rise
The Cameroonian aluminium producer ALUCAM on 13th July 2021 puts suspension on its declared around 8% price rise which was effective from 12th July 2021. The aluminium company did not come up with any clarifications; expect it stipulated that the cause of suspension remains in the hands of internal...
Concord Resources acquires majority stake in New Day Aluminum
The global resources company founded by a group of experienced and largely American natural resources investors, Concord Resources Holdings Limited has acquired the majority ownership in New Day’s principal holdings, which include its Noranda Alumina refinery and NICHE Chemical non-metallurgical...
Romanian aluminium producer Alro Slatina secures €34 million financing from state-owned lender EximBank
On 14th July 2021, the largest aluminium and aluminium alloy producer of Romania, Alro Slatina received a €34 million financing facility from EximBank, a state-owned lender. Exim Bank is the Export-Import Bank of Romania based in Bucharest. Alro said in a statement filed with the Bucharest Stock...
Corona crisis crashes the aircraft scrap metal recycling market
The journey by aeroplane is considered as one of the fastest and sophisticated in the world for decades. Thousands of aeroplanes carry millions of passengers to reach their destinations. Now, aeroplanes also have a life-ending process, or we say retirement, but in reality, an aeroplane never dies,...
Germany’s export of aluminium household articles during 2018-20 unfolds robust growth with marginal fall; 9% drop estimated for 2021
As per ‘Economic Key Facts Germany’ by KPMG, the German started to augment in Q2 2021, with all major indicators now signifying to growth. The economy will regain strength and is predicted to grow by almost 4% in 2021. After the contraction in GDP of 4.9% in 2020, KPMG expected economic output in...
Saudi Arabia: Ma'aden inks calcined petroleum coke supply deal for Ras Al Khair aluminium smelter
On 13th July 2021, the Saudi Arabian Mining Co, Ma'aden inked a five-year deal to procure calcined petroleum coke from a Saudi company for its Ras Al Khair aluminium smelter. Ma'aden Aluminium smelter in Ras Al Khair will procure 100,000 tonnes a year of the calcined petroleum coke, which will be...
