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.
France export of aluminium containers during 2018-20 showcase volatility
In the mid of March 2021, the Bank of France stated, that the economy of France is crumbling the COVID-19 pandemic, while the government is putting the restrictions better than the previous forecast, driving it on a path for better growth in 2021. The western European nation recorded an export of...
Shelf-edge technology firm Aerofoil Energy bags Queen’s Award for Enterprise in Innovation
The developer of the energy-saving aerofoil shelf strips, Aerofoil Energy, has been awarded Queen’s Award for Innovation in Enterprise, as it gets shelf-edge technology installed on open-fronted multi-deck supermarket fridges. The UK supermarkets industry comprising Tesco, Sainsbury’s, Asda,...
Qamco posts net profit of QR124 million for Q1 2021, a rise of over 1000%
On 28 th April 2021, Qatar Aluminium Manufacturing Company (Qamco) posted a net profit of QR124 million for the first quarter (Q1 2021). This is considered as a record increase ever in the history of organization for quarterly performance as it crossed over 1000% compared to QR11 million Y-o-Y....
RUSAL appoints Roman Andryushin as Deputy CEO for sales in Russia, the CIS and China; Steve Hodgson returns as Director of Sales and Marketing
On 29th April 2021, RUSAL announced that it had appointed Roman Andryushin as Deputy CEO of sales in Russia, the CIS and China. The Company is also gratified to see the return of Steve Hodgson as Director of Sales and Marketing. The dual appointments are an indication of the Company’s refreshed and...
Austria: Multi-million dollar aluminium structures import market exhibits gradual downfall during 2019-20; estimated 0.70% drop in 2021
The economy of Austria is counted as one of the most stable in Europe, as the country anticipates a very strong network of export-focused SMEs, excellent academic standards and significant spending for research and development. The COVID-19 pandemic and related containment measures have strongly...
WAP company workers protest over renewal of union office in Guinea, bauxite transportation halts
On 28 th April 2021, at the Dapilon bauxite mining site in Boke tension rose high, as the workers from the WAP company blocked the road to the mining port, halting the transport of bauxite. As per our report, the workers' primary demand in particular is the renewal of their union office whose...
US Commerce Department uncovers four countries sold aluminium foil at unfairly low prices
On 28 th April 2021, the U.S. Department of Commerce declared its preliminary determinations has uncovered imports of aluminium foil from four countries are being sold at less than fair value (or “dumped”) in the United States. Subsequently, the department will instruct U.S. Customs and Border...
GMG, University of Queensland collaborates to manufacture graphene aluminium-ion batteries
The clean-technology company, Graphene Manufacturing Group (GMG), which has developed and proved its proprietary production process to manufacture Graphene powder from readily available low-cost feedstock, manifested a research agreement with the University of Queensland’s Australian Institute for...
2020: UK’s aluminium beverage can recycling records all-time high of 82%
According to the data published by Environment Agency (EA) earlier this month, reveals that aluminium beverage can recycle recorded all-time highest ever rate in 2020 – an impressive 82%. This represents a Y-o-Y rise of 6% in a market that saw significant growth. As the COVID-19 pandemic leading to...
Zimbabwe’s import of aluminium cans during 2019-20 reveals enterprising growth; 2021 projected with marginal rise, while expenditure to surge
The economy of Zimbabwe rooted in recession already before the COVID-19 pandemic and exhibited with 6% shrink in 2019. Output dropped due to economic uncertainty and the withdrawal of subsidies on maize meal, fuel and electricity prices, while the other factors were suppressing foreign exchange...
Rio Tinto’s Tiwai aluminium smelter to curtail its electricity consumption, shortfall of rain mounts pressure on hydro generation
Rio Tinto owned Tiwai Point Aluminium smelter consumes around 13% of New Zealand’s electricity produced, however, it has now outreached an agreement with Meridian Energy to curtail its usage by up to 30.5 megawatts per hour (MWh) until the end of May 2021. Tiwai aluminium smelter has a supply...
China Nonferrous Metals Industry Association appoints ‘Fan Shunke’ as its new aluminium head
On 27 th April 2021, a spokeswoman of the China Nonferrous Metals Industry Association (CNIA) said that Fan Shunke is appointed as the new head of aluminium, succeeding the retirement of the long-serving Wen Xianjun a few days earlier. A deputy secretary of the party committee at the CNIA, Fan...
Former economy minister of Montenegro detained over Podgorica Aluminum Plant guarantees
On 26 th April 2021, the Montenegrin police detained former Economy Minister Branko Vujovic for damaging the state budget to service guarantees given for the failed Podgorica Aluminum Plant, KAP, in 2009. As per our report, the State Prosecutor interrogated Vujovic and former government officials...
Oman’s import of aluminium bar rods and profiles during 2018-19 displays steady growth; 2020 records a drastic downswing
Oman’s economy countered a double shock in 2020, the covid-19 pandemic and the drop in oil prices. IMF projected that the country’s non-oil gross domestic product will grow by 1.5% in 2021 and could improve to 4% by 2026 if fiscal measures are successfully carried out. The oldest independent state...
70 years old MBF Aluminium foundry rescued for a limited time, the region collectively votes for aid of €500,000
On 26 th April 2021, located in the eastern region of France, Burgundy-Franche-Comté’s Regional Council held an unprecedented standing committee meet, organized over videoconferencing, where the exclusive resolution of this committee was to extend rescue aid for the MBF Aluminium in Saint-Claude....
RUSAL begins mining at a new quarry in the Komi Republic with reserves of over 14 million tonnes of bauxite
The global leader in bauxite production, RUSAL, commences mining at a new quarry at the Vezhayu-Vorykvinskoye deposit in the Komi Republic, with reserves of over 14 million tonnes of bauxite. The new open-pit No. 4 will be the largest at the Sredne-Timansky bauxite mine. Mining capital works (the...
EGA initiates Al Taweelah aluminium smelter’s first section of expansion
On 26 th April 2021, Emirates Global Aluminium (EGA) announced the activation of the first section of an expansion to the company’s Al Taweelah smelter. The ramp-up of the 26 new reduction cells at potline 1 at Al Taweelah will be followed to produce some 30,000 tonnes of aluminium per year. The...
€2 million loans guaranteed by the State to Sanjeev Gupta’s Alvance wheels plant
On 25 th April 2021, Marc Fesneau, serving as Minister Delegate for Relations with Parliament and Citizen Participation, met the union representatives from Alvance Wheels (CFDT, CFE CGC, UNSA), in the process of judicial liquidation. The State of France had undertaken to stand beside the employees...
