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.
Jydsk Aluminum Industri: The Corona crisis forced Europe’s largest aluminium gravity die-casting firm to change strategy, resulted to see profits
In 2020, Europe´s largest aluminium gravity die-casting companies with customers worldwide, Jydsk Aluminum Industri (JAI) booked DKK 0.6 million profits before tax and it is counted as significantly better than the loss of DKK 5 million in 2019. The far better result has brought some fresh air to...
Ivory Coast: The aluminium bar rods and profiles importation market during 2018-20 denotes a positive trend
The economy of the Ivory Coast was severely hit by the COVID-19 pandemic, but it remained amongst the few Sub-Saharan African economies that maintained growth. According to the IMF, GDP growth decelerated to 2.3% in 2020, from 6.2% in 2019. Assuming global conditions to normalize gradually, growth...
Jamaica Govt. reforms Cockpit Country mining agreement, an advantage for Noranda Jamaica Bauxite Partners
The Jamaican Minister of Transport and Mining, Robert Montague stated that the government has revised the Cockpit Country mining agreement. As confirmed by the minister, the amendment incorporates the eradication of 6,000 hectares of land, which are adjoining to the Cockpit Country, from the...
Aluminium can replace glass bottle, Le Naufrageur microbrewery in Canada invests $400,000
The Le Naufrageur microbrewery in Carleton-sur-Mer, Quebec has developed a vital change in its production from the end of May. The Gaspésie microbreweries focus on the aluminium can as the preferred container. The company validates: “The next few months will witness this new trajectory for the...
Alumina Ltd.’s prediction of alumina demand to surplus supply will force Wagerup and Pinjarra refineries expansion back on the agenda
The publicly listed company on the Australian Securities Exchange, Alumina Limited’s forecast toward demand for alumina soon to surplus supply is creating possibilities to bring back the agenda of the expansion of two alumina refineries in Western Australia. The growth signals came when the company...
Netherlands export of aluminium cans during 2018-20 displays enterprising growth
The economic advisor of the Netherlands, De Nederlandsche Bank (DNB) reveals the forecast of the Dutch economy twice a year. So, according to them, 2021 will have two patterns, the economy to shrink marginally in early 2021, followed by robust growth in the summer. However, unemployment will rise,...
Liberty Aluminium Technologies, Liberty Pressing Solutions is now acquirable: Liberty Steel Group
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. The disquiet was raised in the previous month, following the collapse of their vital lender, Greensill Capital....
Endurance Technologies: 177 permanent workers of aluminium casting firm accepts VSS
On 24th May 2021, auto components manufacturer Endurance Technologies reported 177 permanent workers of the company’s Chakan plant in Pune, Maharashtra has decided to exit after accepting the Voluntary Separation Scheme (VSS). The Endurance Group is a global force in aluminium casting including...
Australian Bauxite raises AUD 3.25-million by fully subscribed share placement
On 24 th May 2021, 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. Australian Bauxite’s Tasmanian aluminium fluoride production plans and an...
Greece export of aluminium structures during 2018-20 illustrates substantial rise with a downfall
The Governor of the Bank of Greece, Yannis Stournaras stated that the economy is expected to grow 4.2% in 2021, but still, growth projection remains uncertain and much will depend on faster vaccinations at the national and European level, the continuation of supportive fiscal measures and the...
Canyon Resources accomplishes updated JORC Ore Reserve estimate for the Minim Martap Bauxite Project
The developer of the world-class Minim Martap bauxite project in West African nation Cameroon, Canyon Resources Limited declares that it has accomplished its updated JORC (2012) Ore Reserve estimate for the Minim Martap Bauxite project. The updated JORC (2012) Proved Bauxite Ore Reserve estimate is...
Qatalum signs agreement with GE to deliver five AGP upgrade units for enhanced power supply
The aluminium smelter Qatalum, which is a joint venture between Qatar Petroleum and Norsk Hydro, has signed an agreement with GE, the global digital industrial company to deliver five Advanced Gas Path (AGP) upgrade units and maintenance services for 15 years for equipment at its 1,080 megawatts...
Volnaa brings a change, all set to launch natural mineral water in aluminium cans
Drinking water in pet bottle has been rooted a cause of concern for many livelihoods, as plastic throws a negative impact on our health and it is also extremely hazardous for the environment. As time has progressed, Volnaa Beverages has come to bring a change, as they are ready to launch their...
Bangladesh: Sonali Paper inks deal with Chinese firm to set up aluminium foil paper plant
The Dhaka Stock Exchange-listed company Sonali Paper and Board Mills Ltd of Bangladesh has inked a deal with Chinese firm Zhangjiagang Fineness Aluminium Foil Co Ltd to set up an aluminium foil paper plant in Naraynganj district’s Rupganj administrative area. On 23rd May 2021, Mohammad Younus,...
Mexico: The multi-million dollar aluminium scrap export market remains volatile during 2018-20
According to Trading Economics global macro models and analysts expectations, the Mexican GDP tp predicted to reach $1113 billion by the end of 2021and in the long-term, the GDP is projected to trend around $1158.00 billion in 2022. The lack of bauxite mines has kept Mexico on the back foot toward...
Australian Aluminium Council appoints Alcoa’s Michael Gollschewski as President
The Australian Aluminium Council, which represents Australia’s bauxite mining, alumina refining, aluminium smelting and downstream processing industries has appointed Alcoa’s Vice President Operations Australia and President Alcoa Australia Michael Gollschewski as its new President. On his...
Primary aluminium weekly recap: LME aluminium price inched down by $10.50/t to close at $2392/t; World primary aluminium production shrinks 3% M-o-M to 5.56MT in April
On 20 th May 2021, three-month LME aluminium fell 2.49% to close at US$ 2,554 per tonne. The world primary aluminium production stood at 5.560 million tonnes in April 2021, reflecting a month-on-month downfall of 3.20% from 5.744 million tonnes, as revealed by International Aluminium Institute. On...
Hindalco to resume on-hold projects, plans for INR 2700 crore investment
The Aditya Birla Group subsidiary, Hindalco Industries intends to commence all the projects there that were put on hold due to the Covid-19 pandemic and also plans to invest around INR 2700 crore in the current fiscal against ₹1,600 crore in FY’21. The world’s largest aluminium rolling company had...
