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.
Bahrain’s export of Aluminium Plates, Sheets and Strips during 2018-20 reveals speedy growth with a drastic downfall
The crucial turmoil by COVID-19 and the augmented sharp fall in oil prices weighed heavily on Bahrain’s economy in 2020. Fiscal and external deficits slumped, reversing the narrowing path observed in 2019. Worldwide access to the vaccine, higher oil prices, and commitment to implement policies...
Samsung initiates recycling program to safeguard UAE’s environment; Aluminium lists among others in maximum recovery
The South Korean born global electronics giant, Samsung electronics’ Gulf arm launched a new initiative to promote sustainability and providing customers with an opportunity to safeguard the environment. Samsung in collaboration with the world's largest electronics recycler in Dubai, Enviroserve,...
Recycled aluminium weekly recap: Aluprof joins German Sustainable Building Council; US aluminium scrap imports from Canada decline 4.56% in 1Q2021; Imports in March rise 18.77%
The US aluminium scrap imports from Canada in 1Q2021 totalled 98,300 tonnes – 478.24% higher than 17,000 tonnes a year ago but 4.56% less than 103,000 tonnes a quarter ago. While in March 2021, the United States aluminium scrap imports from Mexico stood at 19,300 tonnes, indicating a month-on-month...
Lion Aluminium in Ghana rewards mothers and wives of long-serving staffs
The renowned aluminium utensils and roofing sheet manufacturer in Ghana, Lion Aluminum Company has rewarded its long-serving staffs. Charles Ashka, Chairman of Lion Aluminium, said: “Those who received the products are a selected few who have shown their dedication since the start of the company.”...
Weekly Alumina recap: Altech Chemicals submits patent with IP Australia for alumina coating of battery materials; Alumina spot price in China further gains RMB4/t to settle at RMB2476/t
The alumina price in China performed higher this week. The price stood higher by RMB 3 per tonne to stand at RMB 2465 per tonne on Monday, May 31 2021. The price on 2 nd June and 3 rd June increased by RMB 7 per tonne and RMB 4 per tonne to RMB 2472 per tonne and RMB 2476 per tonne after remaining...
Reynaers Aluminium rolls out MasterWall, a wonder for high-rise projects
The leading European supplier of sustainable architectural aluminium solutions, Reynaers Aluminium, lately rolled out a new façade system known as MasterWall, which furnishes fast-installation, high-performance and flexible unitised solution for high-rise projects. The solution is established on...
Malaysia’s import restrictions on metal scrap may lose out recycling investments: Industry Association
On 4th May 2021, the officials of the Industry Association stated Malaysia’s proposal for restrictions on imports of scrap metal like aluminium among others might lose out to its neighbouring nations on the highly desired investment in the recycling sector. Lately, Malaysia has cropped up as a...
Weekly Downstream recap: HAI reveals €38 million investment for extrusion facility expansion at Ranshofen; Hydro completes the sale of its aluminium rolling business to KPS Capital Partners
The global aluminium downstream sector remained quite strenuous this week, Hammerer Aluminium revealed its €38 million investment towards the expansion of Ranshofen extrusion unit. Hydro accomplished the sale of its aluminium rolling business to American investment company KPS Partners. The leading...
Fight against climate change, EU plans CO2 import tariffs on aluminium among others
The EU Commission’s draft proposal which is now available to a global media agency reveals that the European Union will introduce so-called carbon import tariffs on aluminium among other commodities as a part of the initiative fight against climate change. This is purposeful in regards to safeguard...
South Korea’s import of aluminium wire during 2019-20 manifests marginal decline; 2021 predicts further drop with a surge in expenditure
South Korea remains the fourth largest economy in Asia and its growth is driven by exports of chips and electronics and a rise in investments. The governor of the Bank of Korea, Lee Ju-yeol said earlier in April that ‘mid-3%’ growth was very possible this year, up from a previous forecast for 3%...
Road to $5 trillion economy, India’s untapped bauxite reserves to play a vital role
The metal aluminium stands as a crucial role player for all the major sectors that will shoulder the Indian economy to reach the goal of $5 trillion. The mammoth mineral resources and their exploitation have always remained as the backbone of the Indian metal sector including downstream production....
GE Digital Smelter: Software to boost digital transformation of the Middle-East aluminium industry
The provider of software and IIoT services to industrial companies, GE Digital has announced the accessibility of its latest Process Analytics solution, the Digital Smelter. GE Digital said: “The software creates a Digital Twin of the aluminium smelting process to deliver insights and prescriptive...
Latvia’s import of aluminium tubes and pipes during 2018-20 denotes speedy growth with a sharp drop
The Ministry of Finance, Latvia has revealed in their latest financial positions the measures the country will initiate to recover from the damage wreaked by Covid-19 during coming years. The forecast is based on the Covid-19 vaccination plan, which foresees that 70% of the Latvian population will...
Altech Chemicals submits patent with IP Australia for alumina coating of battery materials
The company on a track to become one of the world's leading suppliers of 99.99% (4N) high purity alumina (Al2O3), Altech Chemicals Limited has declared its submission of a patent with IP Australia, for its invention of methods for coating anode active materials with alumina. The patent illustrates...
Amapola project eyes marketable polymer-based aluminium-sulphur battery for vehicles and aircrafts
Amapola project, which is funded by the EU with two million euros and is scheduled to run until 30th September 2022 eyeing on a marketable polymer-based Al-S battery has declared it will be emerging with an aluminium-sulphur battery for vehicles and aircraft. The intent is to develop an Al-S cell...
Sweden’s export of aluminium container during 2018-20 reflects express growth
The Swedish per capita gross national product (GNP) is among the highest in the world, but so are its taxes. The economy of Sweden is a developed export-oriented economy. As reported by Bloomberg, the country’s economy returned to its pre-pandemic level in the first quarter as the recovery in the...
Guinea: First railway link commissions between Dapilon-Santou, milestone development for bauxite mining activities
The Franco-Guinean bauxite tycoon Fadi Wazni chaired SMB-Winning Consortium has been building a railway track for more than 2 years to be used for the exploitation of its mining activities. On 25th May 2021, the first rail link which connects the mining area of Santou to the new river port of...
HAI reveals €38 million investment for extrusion facility expansion at Ranshofen
The supplier of high-quality aluminium, Hammerer Aluminium Industries (HAI) reveals an investment volume of € 38 million towards the expansion of the extrusion facility in Ranshofen. HAI intends to root the investment by executing the operation of the 60 MN extrusion press at its facility at...
