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.
Global Aluminium Associations applaud G7 Trade Ministers joint commitment to stronger international rules on market-distorting policies and practices
The global aluminium associations, which incorporated the United States, Europe, Canada and Japan, applaud G7 Trade Ministers’ commitment to “stronger international rules on market-distorting industrial subsidies and trade-distorting actions by state enterprises.” On 28th May 2021, following the accomplishment of the meeting, a joint commitment statement has been delivered by G7 Trade Ministers, acknowledging the unfavourable impacts of market-distorting practices on citizens and businesses. “These practices create unfair competitive conditions, hindering the development and use of innovative technologies and undermining the proper functioning of international trade. Of particular concern are harmful industrial subsidies, including those that lead to severe excess capacity, a lack of...
Aluprof joins German Sustainable Building Council
The leading producer of aluminium systems in Europe, with branches in many European countries, Aluprof has joined the German Sustainable Building Council (DGNB). The Polish supplier a year ago set itself the task of promoting the global development of architecture towards an energy-efficient and sustainable practice. However, for this reason, the company is continuously expanding its portfolio to include ecological and durable aluminium products from the fields of windows, doors, facades and shutters. According to the company: “The bars made from scrap aluminium are the key to a product's low carbon footprint. Recycling saves a good 95% of the energy required to manufacture primary aluminium. Pollutant emissions are also reduced by 95%, as is water pollution by 97%.” The manufacturer's...
Netherlands import of aluminium powder and flakes during 2018-20 remains unstable
The Netherlands is known as a trading country, as it inflows millions of euros in earnings every year which supports the Dutch economy to be stronger. The country earns most of the money from exporting products such as machinery, chemicals, agricultural products and many more. The north-western European nation’s importation of aluminium powder and flakes during 2018-19 was registered at 5324 tonnes and the expenditure occurred for the import remained at $12.46 million. The import for 2020 stood at 1891 tonnes and the expenditure counted was $6.32 million. However, when the import volume of 2020 gets assembled with the existing two years, it signifies 8125 tonnes and $18.78 million. In 2018, the aluminium powder and flakes import was recorded at 1891 tonnes with expenditure notified $4.15...
World’s first hybrid-electric motorcycle ‘NawaRacer’ made of aluminium all set to fire
NawaRacer, the world’s first electric motorcycle is planning to launch in the coming months, but as per our report, it will hit on a race track, as the brand owners have not delivered any signal for its production as of yet. Nawa Technologies has announced that it will come up with a zero-emission motorcycle in the upcoming months and the on-road version of the NawaRacer concept displayed at the 2020 CES (Consumer Electronics Show). The motorbike is being developed in association with YSY Group, Pronergy, FAAR and AKKA Technologies. The NawaRacer has round headlamps with a Daytime Running Light in a black casing, black alloy wheels, minimalistic bodywork and smooth flowing lines. The copper accents and upswept single-piece tan seat alongside the exposed rear make for an attractive combo...
Aodeli: Fire Safe aluminium panel supplier appoints Lorraine Jedid as National Specification Consultant, Darryl Smith as BDM for QLD
The direct supplier of “Fire Safe” aluminium facade panels to the construction industry Australia wide, Aodeli appointed Lorraine Jedid to the newly created position of National Specification Consultant and Darryl Smith as business development manager in the Queensland team. Since May 2021, Jedid has been associated with Aodeli as the business development manager for Queensland, where Darryl Smith is positioned now with the recent appointment. Holding a degree in architecture, Jedid carries a profound knowledge of the Australian construction sector, and especially in aluminium façade products, which she achieved from her time at Aodeli, also from her previous roles with Fairview Architectural, CSP Architectural and James Hardie. Wayne Saunders, General Manager, Aodeli, said: “Our industry...
Ghana develops additional bauxite mines in Nyinahin and Kyebi, says Michael Ansah
The West African nation, Ghana which ranks as one of the fastest-growing economies in Africa and where bauxite mining keeps on to be the most happening news in the past few months, has confirmed the ongoing process of expanding the existing bauxite mine in Awaso, as well as developing additional mines in Nyinahin and Kyebi. On 28th May 2021, during his official visit to a media communication house in Accra, Ghana, Michael Ansah, the Chief Executive Officer of Ghana’s Integrated Aluminium Industry (GIADEC): “The move was part of plans to make the industry the leading Integrated Aluminium Company in Africa.” He further clarified: “In Nyinahin, we can do about 10 million tonnes, five million in Awaso and also about another five million in Kyebi.” “GIADEC had obtained all the prospective...
AMAG ships ASI certified sustainable aluminium to Audi plant in Neckarsulm
The leading Austrian manufacturer of premium quality aluminium cast and flat-rolled products, AMAG that supplies to highly diversified industries such as the automotive, aircraft, sports equipment, lighting, mechanical engineering, construction and packaging industries, has shipped the first aluminium which is certified following the international Chain of Custody standard of the Aluminium Stewardship Initiative (ASI) to the Audi plant in Neckarsulm, Germany. The shipped material that produced under strict sustainability standard is used for the outer body sheet of the A6 Avant tailgate. However, for AMAG, this order not only portrays its first-ever sale of ASI-certified materials but also symbolises the company’s debut as a supplier of outer body sheets for this model series. The ASI...
Azerbaijan’s import of aluminium cans during 2018-20 unfolds a robust growth
The economy of Azerbaijan is heavily supported by the exportation of oil and natural gas, which accounts for around 95% of revenue generation. The country also exports a few other itineraries and beverages is counted among them, while the domestic rise in the beverage market and the export is driving Azerbaijan to become a matured import market of aluminium cans. The nation located in the South Caucasus region of Eurasia has recorded 2330 tonnes of aluminium cans importation during 2018-19 and the expenditure occurred for the import was $15.13 tonnes. The import for 2020 stood at 2430 tonnes and the expenditure remained at $15.02 million. However, when the import volume of 2020 gets added with the existing two years, it displays 4760 tonnes and $30.15 million respectively. In 2018,...
Canyon Resources signs a vital agreement with Cameroon Govt. relating to the development of Minim Martap Bauxite Project
Canyon Resources Limited has made public that it has executed a Cahier de Charges, with the State of Cameroon (“Agreement”), in regards to the development of the Company’s Minim Martap Project. The Agreement, which was originally proposed by the Ministry of Mines in Cameroon and following negotiation over several crucial points, was finally executed on 17th May 2021, with the Company and the Minister of Mines in Yaounde, the capital of Cameroon. Phillip Gallagher, Canyon’s Managing Director, said: “We are very pleased to have executed the Cahier de Charges with the State of Cameroon. This agreement gives us the confidence of the positive intentions of the Government of Cameroon and provides security and clarity as the Company takes the Minim Martap Project to the next phase.” The key...
Rio Tinto operated New Zealand Aluminium Smelter at Tiwai point post $100 million loss for 2020
New Zealand’s only aluminium smelter, NZAS has a reported loss and a large write-down of its assets at a time when aluminium prices are recovering. Pacific Aluminium, a joint venture between the Anglo-Australian multinational Rio Tinto holding 79.36% stake in NZAS, and the Tokyo-based Sumitomo Chemical Company hold 20.64% has reported a net loss after tax of $100 million at the Tiwai Point smelter and an asset write-down of $223 million for the financial year ending December’20. Stew Hamilton, CEO, NZAS, said: “The result reflected the challenging market environment of 2020.” “In 2021 we have seen an improved aluminium market and in conjunction with the new electricity agreement for the smelter, announced in January 2021, this enables a sustainable extension of operations at Tiwai Point.”...
Malaysian aluminium extruder P.A. Resources plans to increase production capacity
P.A. Resources Bhd, the low profile aluminium extruder in the previous three years has driven to the profitability path from a decade of losses the company went through. The Malaysian aluminium firm boosted it production in three times, while it transpired as a supplier to one of the largest global solar panel maker. Moving progress towards the rise in demand for aluminium products globally, the company has scheduled several vital plans to conquer a larger market presence in the aluminium business. Tan Sri Chan Kong Choy, PA Resources’ Non-executive Chairman, said: “The plan to further increase the company’s production capacity, grows its client base, automate its operations and position PA Resources as a company with strong research and development capabilities.” Kong Choy, the former...
Weekly Downstream recap: Hindalco to resume on-hold projects, plans for INR 2700 crore investment; Hydro signs NOK 200 million contract with Innovation Group for casthouse technology
The aluminium downstream sector remained quite happening in the week around the world, with Hindalco to resume on-hold projects due to the pandemic, now plans for INR 2700 crore investment to get it on track. On the other hand, the global aluminium giant, headquartered in Norway, Norsk Hydro has signed a NOK 200 million contract for the supply of new state-of-the-art casting lines. In total, four new casting lines will be supplied to the customer. While the troubled Sanjeev Gupta owned Liberty Steel Group has confirmed that their complex manufacturing facilities Liberty Aluminium Technologies and Liberty Pressing Solutions are in process of the sale. Hindalco Industries Limited has continued to decline its aluminium products price. With effect from Tuesday, 25 May 2021, aluminium billets...
Bauxite weekly recap: United States crude and dried bauxite imports become weaker by 10.55% in Q1 2021; Australian Bauxite raises AUD 3.25-million by fully subscribed share placement
The US import of crude and dried bauxite further decreased on quarter and stood at 695,000 tonnes in Q1 2021 ended on March 31, found the Geological Survey data. The import plunged by 82,000 tonnes or 10.55 per cent from 777,000 tonnes in Q4 2020. On the downward part of the world, Australian Bauxite Limited announced that it had raised AUD 3.25 million from new institutional and sophisticated investors and directors through a fully subscribed share placement with attaching options. The United States import of crude and dried bauxite further decreased on quarter and stood at 695,000 tonnes in Q1 2021 ended on March 31, found the Geological Survey data. The import plunged by 82,000 tonnes or 10.55 per cent from 777,000 tonnes in Q4 2020. On a year-on-year calculation, the United States’...
Jamaica Govt. to recover $2.8 million owed to Jamaica Bauxite Mining, says Robert Montague
The Government of Jamaica is dedicated towards the collection of approximately $2.8 million that is owed to the Jamaica Bauxite Mining Limited. Jamaica Bauxite Mining Limited (JBM) is a Government-owned Company (a Public body) with a business enterprise mandate. The Company holds 51% equity on behalf of the Government of Jamaica in the bauxite operations of its current partners, New Day Aluminium (Jamaica) Limited. Robert Montague, Minister of Transport and Mining during Sectoral Debate in the House of Representatives said: “Our partners in the New Day plant are behind on some of their commitments. However, these funds belong to the people of Jamaica and we intend to use all legal means to collect them. We have agreements and we have laws and we intend, with the advice of the Attorney...
Romania needs ‘A scrap for windows program’ to reduce CO2 emissions, says Daniel Popa of Reynaers Aluminium
The south-eastern European nation, Romania, needs ‘A scrap for windows program’ to support more efficient thermal insulation, surpassing the thermal rehabilitation programs of apartment buildings and hence it would attract fresh investments in this segment. Daniel Popa, Country Manager for Reynaers Aluminum, Romania, said: "A scrap for windows program is a need in the market for a window scrap program. We have in Belgium, the Netherlands, France and such subsidized programs in this segment to replace the windows with better ones. In Italy, they exceed 50% of the cost, while such a program will have an impact because CO2 emissions are also reduced. We proposed through the employers and the employers' federation a proposal to have a result of a Scrap for windows program.” Reynaers Aluminum...
Malta’s import of aluminium foil during 2018-20 demonstrates significant growth
The Maltese economy is a highly industrialised, service-based economy. It is classified as an advanced economy by the International Monetary Fund and is counted as a high-income country by the World Bank and an innovation-driven economy by the World Economic Forum. The economy is expected to rebound strongly by 7% in 2021 as per IMF. The island nation over the central Mediterranean recorded importation of 969 tonnes of aluminium foil during 2018-19 and the revenue expended for the expenditure was $5.57 million. The import for 2020 stood at 641 tonnes and expenditure remained at $3.75 million. However, when the import volume and expenditure of 2020 gets clubbed with the existing two years, it illustrates 1610 tonnes and $9.32 million respectively. In 2018, the Maltese import of aluminium...
Anil Agarwal led Vedanta plans to invest INR 10,000 crore to set up ‘Aluminium Park’ in Odisha
Anil Agarwal led Vedanta Ltd., a subsidiary of Vedanta Resources Limited, counted as one of the world's leading diversified natural resource companies plans to invest INR 10,000 crore in setting up an aluminium park in Odisha, an eastern state in India to encourage companies that use the metal to set up their manufacturing units in the facility. On 27th May 2021, the Company said: “This aluminium park is along the lines of major industrial towns in other parts of India. It will generate additional livelihood for more than 100,000 people and will touch the lives of more than 400,000.” The proposed aluminium park will benefit small and medium downstream enterprises by setting up their manufacturing units and extract hot metal from Vedanta’s aluminium smelter in Jharsuguda to produce their...
Rio Tinto, Comptech collaborate to deliver a new generation of aluminium alloys for use in advanced technologies
The global aluminium giant, Rio Tinto partnering with aluminium semi-solid castings solution provider Comptech to drive in a new generation of aluminium alloys to the market towards the usage in advanced technologies such as electric vehicles and 5G antennas. The metallurgical experts of Rio Tinto have designed the alloys for the semi-solid Rheocasting process offered by Comptech, to match the requirements of producing large, specialised single-piece designs, known as giga-casting. The alloys offer high strength, electrical and thermal conductivity properties, while Rheocasting allows fast, low-cost production of advanced lightweight designs. The products are currently undergoing qualification with automakers in Europe. Tolga Egrilmezer, Vice President of Sales and Marketing Aluminium,...
