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.
Portugal’s import of aluminium tubes and pipes during 2018-20 exhibits express rise with minor fall; Marginal growth estimated for 2021
Portugal's economic recovery has seen express drive and strong since it started easing its COVID-19 lockdown in mid-March. The economy slumped 7.6% in 2020, and in mid-January Portugal imposed a strict lockdown, its second since the pandemic began, due to the world's worst surge in COVID-19 cases...
Bauxite miner Metro Mining signs two binding spot cargo agreements with Shanxi Liulin Senze Aluminium Company
The Australian exploration and mining company Metro Mining (MMI) has signed two binding spot cargo agreements with Shanxi Liulin Senze Aluminium Company of China. The two cargo agreements are for around 60,000 wet metric tonnes (WMT) from Metro’s flagship project, the Bauxite Hills Mine, located in...
Every Can Counts survey indicates Ireland ranks high for environmental concerns
The freshly revealed research exhibits that environmental concerns within Ireland are amongst the highest in Europe. The survey of thousands of people across 15 European countries, conducted by Every Can Counts, a not-for-profit communications programme working to inspire, encourage and empower...
King River Resources secures Research & Development tax rebate
The mining exploration company King River Resources Ltd has improved its finances upon securing a Research & Development tax rebate of $382,463.65. The fund will be utilized for working capital. The company’s research towards the development of the processing methodology conducted during the 2020...
Azerbaijan’s import of aluminium foil during 2018-20 illustrates sharp growth to marginal dip
As per the World Economic Outlook report presented by the International Monetary Fund in April, it stated that Azerbaijan’s economy is forecasted to grow at 2.3% in 2021. Meanwhile, the national economy is expected to grow at 1.7% in 2022. The forecast for the current year is improved by 0.3%...
Entire aluminium dross removed from Mataura’s paper mill site to New Zealand Aluminium Smelter, Environment Minister welcomes the decision
The entire 10,000 tonnes of aluminium dross, a by-product of the aluminium smelting process, which stored in Mataura old paper mill site next to the Mataura River has been removed. David Parker, Environment Minister of New Zealand has welcomed the decision that on 30th July, the last bags of dross...
Hydro plans to build an aluminium recycling plant in Michigan for the production of extrusion ingot
The Norwegian aluminium company, Hydro’s Aluminium Metal unit has inked a letter of intent (LOI) to acquire land to develop a “state-of-the-art aluminium recycling plant” in Cassopolis, Michigan, that will produce aluminium extrusion ingot. The European company said: “The planned facility in...
Metro Mining appoints Simon Wensley as the new Managing Director and CEO
Australian exploration and mining company, Metro Mining has appointed Simon Wensley as the new Managing Director and CEO. Chief Executive Officer and Managing Director Simon Finnis have stepped down from his role effective 5th July 2021 following six and a half years in the position. Simon Wensley...
Altech Chemicals establish its R&D laboratory in Perth, Western Australia
Altech Chemicals Limited, the Australian Securities Exchange-listed company has notified that is it has established its own research and development laboratory in Perth, Western Australia. The establishment was smoothly transformed to Altech’s R&D laboratory, as it was previously occupied by an...
Lithuania’s export of aluminium scraps during 2018-20 displays rapid to marginal growth; 10% downswing predicted for 2021
The GDP of Lithuania grew 1.2% Y-o-Y in Q1 2021, contrasting the 1.2% drop tallied in Q4 2020 and the reading was revised up from the preliminary estimate of a 1.0% expansion, according to a second estimate released on 1 st June by FocusEconomics. The country holds some aluminium downstream and...
PT Well Harvest Winning Alumina Refinery shows concern over labour unions strike in regards to the wage scale
Indonesia’s first and largest smelter grade alumina producer, PT Well Harvest Winning Alumina Refinery management took seriously the issue of a strike that will be carried out by the PK-SBSI labour union and PT Well Harvest Winning Alumina Refinery’s FSBSPK regarding the issue of the structure of...
Weekly End-user Recap: French Polynesia’s import of aluminium cans during 2018-20 displays gradual growth with a downfall; Sri Lanka’s largest cable manufacturer ‘Sierra Cables Group’ escalates all-time financial result in FY21
The week remained quite less hyper for the end-user segment, although small economies have shown better results than larger economies, as Sri Lanka’s largest cable manufacturer ‘Sierra Cables Group’ escalates all-time financial result in FY21 and on the other hand French Polynesia’s import of...
Weekly Downstream Recap: Sanjeev Gupta’s GFG Alliance avoids collapse of Liberty Aluminium Technologies with £10 million loan repayment; Vedanta increases its aluminium products prices by more than 2% w.e.f June 30
The global aluminium industry’s downstream segment went on a lighter note this week. The vital news for the aluminium industry remains, Sanjeev Gupta’s GFG Alliance avoids the collapse of Liberty Aluminium Technologies with a £10 million loan repayment. On the other hand, India’s leading aluminium...
Glencore seeks to refinance Sanjeev Gupta’s European aluminium business following the surge in green metal price
The British metal magnate Sanjeev Gupta is in discussions with commodity trading house Glencore to refinance debt at his European aluminium business, a deal which would permit Gupta to retain control of one of his best assets. Sanjeev Gupta owned GFG Alliance employs around 35,000 people from the...
Canada’s import of bauxite during 2018-20 denotes substantial growth followed by marginal fall; 2021 predicted with a minor rise
The metal aluminium does not exist in a pure state in nature and it begins with bauxite ore exploration then processing to alumina, which further transforms to aluminium. Canada is ranked among the top global primary aluminium producers. There are 10 primary aluminium smelters in Canada, one is...
Rio Tinto examines technical implications of using hydrogen to produce green alumina
The Anglo-Australian multinational and the world's second-largest metals and mining corporation Rio Tinto is examining the technical implications of using hydrogen as a form of renewable energy in place of natural gas to reduce emissions from refining alumina. The feasibility study amounting to...
Push to reduce Chinese dependency, India gears up to invest in aluminium battery technology replacing lithium for EV
The navigation to shrink dependence on imported materials and technology, particularly from China, India is gearing to invest in a battery technology that uses aluminium rather than lithium as the crucial ingredient. India’s largest oil refiner, Indian Oil Corporation has already collaborated with...
Oman’s import of aluminium foil during 2019-20 demonstrates sharp downfall; 140% growth predicted for 2021
The Covid-19 pandemic has developed a deadly impact. It created an economic slowdown in Oman, compounded by the whimsy of the international oil market, resulting in a series of youth protests in the country. More than hundreds of unemployed Omani youth, protesting mass layoffs, took to the streets...
