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.
Klaveness Digital develops dual solution for the aluminium industry
The Norwegian technology company, Klaveness Digital on a mission to bring shipping and logistics into the future, has coupled with key players in the aluminium industry to develop a new solution for managing supply chain risk and reducing the waste often associated with maritime logistics. The solution is an extension of CargoValue, an intelligent shipping and logistics platform that permits users to plan and manage shipping schedules and inventories in one, unified solution. Outside China, so far CargoValue serves a potential aluminium market and is growing at a rapid pace as Klaveness Digital pursues to develop new functionality to solve everyday industry issues. The latest solution will empower aluminium industry players to build a real-time digital twin of their maritime supply chains...
European Aluminium, Metal Packaging Europe floats road-map towards 100% recycling of aluminium beverage can by 2030
On 24 th March 2021, European Aluminium and Metal Packaging Europe floated a joint roadmap towards achieving 100% recycling of aluminium beverage can by 2030. The Roadmap reveals the position among aluminium producers of can-sheet, manufacturers of aluminium beverage cans and recyclers of used aluminium beverage cans that the full potential of the aluminium beverage can as a front-runner in a truly circular economy can be achieved within the next ten years. During a webinar session on the morning of 24 th March 2021, the roadmap was launched. It organised jointly by the two associations and attended by over 200 stakeholders, a collaboration which will be vital to achieving this ambitious, but realistic, aim. Oliver Graham, Chairman of the Beverage Can Commission at Metal Packaging Europe,...
Latvia’s import of Aluminium Foil during 2018-20 illustrates an uneven movement
Latvia confronted a significant change in the political ecosystem in 2020. Anticipating 2021, the major issues include the COVID-19 crisis, taking into account the COVID-19 health crisis, the GDP growth forecast for 2021 has been revised downwards to 5.1%, from the 6.7% projected earlier. The Baltic nation’s import of aluminium foil during 2018-19 stood at 1006 tonnes and the expenditure that occurred for the import remained at $4.85 million. The import for 2020 stood at 455 tonnes and expenditure recorded was $2.35 million. However, when the import volume and expenditure of 2020 gets added with the previous two years, it signifies 1461 tonnes and $7.20 million respectively. Latvia import of aluminium foil in 2018 stood at 476 tonnes and the expenditure accounted at $2.17 million,...
Inferior Aluminium supply from China, delays delivery of the Royal Australian Navy's new fleet of Cape Class patrol boats
The delay in the delivery of the Royal Australian Navy's new $350 million fleets of Cape Class patrol boats has been blamed on the supply of inferior quality aluminium from China. The West Australian shipbuilder Austal has secured a contract in May’20, to build six of the 58-metre vessels, which will replace the Australian Navy's ageing Armidale Class patrol boat fleet. However, it is now disclosed that the launch date for the new fleet has been delayed after a "quality issue" was detected in a batch of aluminium imported from China. An Austal’s spokesperson said: "The aluminium had been independently certified by a globally accredited certification company before arriving at Austal.” Austal stated: “Most of the aluminium sourced by its Australian distributor came from China, but the mill...
ALFED teams up with 'The Bartlett School of Architecture’ to drive sustainability deeper into the construction industry
The trade association for Britain’s aluminium industry has teamed with the second-best place in the world to study architecture globally, according to QS world university rankings, ‘The Bartlett School of Architecture’ to drive sustainability deeper into the construction industry. ALFED already has an array of knowledge partners, including the Society of Motor Manufacturers & Traders, The Welding Institute and six leading universities, including Coventry and Warwick. These collaborations support its members to identify new sectors, technologies, market trends and innovative uses of aluminium to grow their business and create employment and wealth. Now University College London's (UCL) world-renowned Bartlett School of Architecture has joined that high-profile list after signing an MoU...
Tasmania, Queensland Bauxite deposits reported with rare-earth elements
Tasmania and Queensland bauxite deposits have been reported with treasured rare-earth elements. The reliability of the ongoing supply of rare-earth elements is a cause of concern for multiple countries and industries, as the major producer, China is all set to restrict its supply. Several advanced technologies are using rare - earth element which includes smartphones, batteries, electric vehicles and military equipment. The ASX listed Australian Bauxite Limited announced early results from a 15-month exploration project in its "bauxite horizon" included: Two Tasmanian prospects - DL130, west of Launceston, and Fingal Rail, near Campbell Town - identified, with testing results showing DL130 was enriched with rare-earth elements; DL130 rare-earth elements values averaging six times higher...
Uruguay’s export of Aluminium scrap during 2018-20 reveals robust growth
The economy of Uruguay is crucially dependent on its neighbours, Brazil and Argentina. In 2020, GDP decreased by an estimated 4.5%, mainly due to the impacts of the COVID-19 pandemic not only in the country but also in its neighbours. However, the pandemic had relatively little impact on the Uruguayan economy when compared to other countries in the region. The economy is forecasted to rebound in the coming years, with the IMF's October 2020 estimates predicting growth of 4.3% for 2021 and 2.5% for 2022, subject to post-pandemic global economic recovery. The southern American nation’s export of aluminium scrap during 2018-19 was recorded at 5565 tonnes and the revenue generated for the export stood at $8.50 million. The export for 2020 was highlighted at 4784 tonnes and the earnings...
Industrial space developer Panattoni to build Reynaers Aluminium plant outside Warsaw
The greenest industrial developer of Europe in 2020, Panattoni, has secured the contract from Reynaers Aluminium to develop a 31,000 sqm warehouse and production plant on a site chosen by Reynaers in Urzut, which is located around 30 km southwest of Warsaw in Poland. The producer of innovative and ecological aluminium systems, Reynaers, which specialises in aluminium elements for windows, doors and partition walls, will include 2,500 sqm of office space and a clear height of 10m in the warehouse section and 14m in the production section. Andrey Klymenko, General Manager, Reynaers Aluminum commented on the new investment of the company: “This is the first stage of the planned development of Reynaers Aluminum. The new plant in Urzut will translate into our operational efficiency and...
AlCircle Expo 2021: Book your Booth now!! Avail the early bird discount
AlCircle’s next big program is the virtual event - “AlCircle Expo 2021” , which is forthcoming on 29-30 June 2021. Followed by the mega-success of “Global Aluminium EXPO 2020”, AlCircle is planning to host an event that is not just big in scale but also has advanced digital tools to facilitate greater interactivity between all participants. Regardless we are still deploying ourselves to the new normal life, but “AlCircle EXPO 2021” virtual meet remains consistent to bring the global aluminium industry leaders and partners from the entire value chain under one roof. A few days back we had announced ‘Registration is live’ and now we encourage the organisations to “Book your Booth now! Avail the early bird discount”, visit alcircleevents.com “AlCircle EXPO 2021” , where the virtual...
Fight against China’s unfair trade practices, European Commission to impose anti-dumping duties on flat-rolled products; European Aluminium applauds
The European Aluminium Association praises the European Commission for its intention to impose provisional anti-dumping duties on certain flat-rolled products originating in China. The duty rates vary from 19.6 to 47.3% and result from an anti-dumping investigation initiated on the 14 th August’20, following a complaint from European Aluminium. The announcement is a major step forward in the fight against China’s unfair trade practices. Gerd Götz, Director General at European Aluminium, said: “Dumped imports from China are driving European aluminium producers out of business and discourage them from investing in innovations that can boost decarbonisation and recycling. We are grateful the Commission is taking the necessary steps to protect our industry against unfair competition.”...
Oman’s export of Aluminium wire during 2018-20 stands unbalanced
Oman’s non-oil GDP will grow by 1.5% in 2021, as projected by the International Monetary Fund and could boost to 4% by 2026 if fiscal measures are successfully carried out. The sultanate introduced a Medium-Term Fiscal Adjustment Plan that focuses to enhance the non-oil revenue and various other public sector reforms to fuel economic growth, the lender said at the end of its online mission to the Gulf country during 17 th -31 st January. The oldest independent state of the Arab world has recorded export of 85,880 tonnes of aluminium wires during 2018-19. The export for 2020 stood at 31,969 tonnes and when the export volume of 2020 gets assorted with the existing two years, it denotes 117,849 tonnes. Oman’s export of aluminium wire in 2018 remained at 34,366 tonnes, whereas, in 2019, the...
Ghana-China Sinohydro Bauxite deal facades environmental risk: Duke University
The Chinese state-owned firm Sinohydro which deal with Ghana for bauxite mining brings out heavily condemnation from global environmentalists, as they warned that bauxite mining in the country’s crucial forests region would façade environmental risks. The West African nation, Ghana, signed bauxite for an infrastructure deal with China, which would authorize the Chinese firm to inject about $2 billion in Ghana’s infrastructure development. Ghana would utilize the money earned from the sale of bauxite in exchange to repay the loans. As a guarantee, Ghana agreed to establish an offshore deposit account for receiving revenues generated from the sale of bauxite. As of now, $646 million of the loan funds has been approved for disbursement. As per the report of the North Carolina, USA based Duke...
Aluminium Sabart intends to axe 9 jobs, employees show protest at Tarascon-sur-Ariège in France
On 20 th March 2021, around 60-70 employees of the Aluminum Sabart gathered in Tarascon-sur-Ariège in France, to show their protest against the lay-off for the nine workers which the management of the company intends. In the words of Mathieu Bru, the secretary of the social and economic committee (CSE) of the Ariège plant: “We wanted to organize this action to continue to alert the population and the public authorities.” Bru added: “On the Sabart site, nine jobs are threatened. They are all production staff, including eight former Pechiney. If they are made redundant, it will be the end of the know-how. There would only be 6 or 7 people in production and they have little or no experience. " On the day of protest, between 9 am and 1 pm, politicians came to give their support, Alain Sutra,...
Tajik aluminium producer TALCO to get insurance coverage for EDB loan from KazakhExport
On 18 th March 2021, Tajik Aluminum Company, TALCO, the Eurasian Development Bank (EDB) and export insurance company, KazakhExport signed an MoU for attracting financing for TALCO under KazakhExport insurance coverage in order for TALCO to procure products from Kazakhstan required for the production of aluminium. The largest industrial enterprise in Tajikistan, TALCO is a 100% state-run company, whereas, KazakhExport is a subsidiary organisation for the promotion of the exports of Baiterek National Management Holding’s non-primary goods and services. The MoU underwrites that KazakhExport is all set to deliver EDB insurance coverage for up to $15 million under an EDB loan for TALCO to recharge the Tajik aluminium producer’s working capital for purchasing products made by Kazakh...
Sanjeev Gupta’s GFG Alliance obtained Trafigura loan by offering Aluminium at a discount to market prices
The British commodity tycoon, Sanjeev Gupta's GFG Alliance in 2018, obtained a loan from Singaporean multinational commodity trading company, Trafigura by agreeing with a six-year deal to sell aluminium to the world’s leading independent commodity trader at a discount to market prices, as it has been confirmed from the two industry professionals with direct knowledge of the agreement. The loan was materialised to support purchase financing of Europe's largest aluminium smelter at Dunkirk, France, by GFG's Liberty House in December 2018, as per the sources. The industry experts also added: “The agreement, which has not previously been made public, suggests that the Dunkirk plant is less exposed to wider financing problems faced by GFG Alliance because, unlike other parts of the...
Dudley’s Aluminium in UK bags £2.4 million contracts at Finzels Reach
The UK based firm, Dudley's Aluminium has bagged a multimillion-pound project at Finzels Reach, Bristol’s mixed-use development. The Cardiff based aluminium fabricator has won the £2.4 million contract with Willmott Dixon to work on the Halo project. Halo is a short walk from Castle Park, Cabot Circus and Bristol Old City, which is located within Finzels Reach. The scheme has sustainability at its heart and embraces new public realm initiatives that prioritise pedestrians, cyclists and the natural environment. The office accommodation is the latest project in the development of Finzels Reach that the fabricator has been involved with, having previously worked with Willmott Dixon on the Aurora office complex. Dudley's Aluminium will plant a range of Kawneer products throughout the build...
Mitsubishi’s marks the first investment in Bauxite mining, inks agreement with Glencore to acquire a 30% stake in the Aurukun Project
The Japanese multinational conglomerate, Mitsubishi Corporation has announced that it has reached an agreement with Anglo-Swiss multinational commodity trading and mining company Glencore Plc to acquire a 30% stake in the Aurukun Bauxite Project in Australia. Presently, Glencore is the whole owner of the Aurukun Bauxite Project in Queensland, Australia. This marks the first investment from Mitsubishi in regards to bauxite mining, in addition to the global giant’s existing aluminium smelting and trading operations. Mitsubishi conducts business through investment and development of resources such as iron ore and aluminium, in addition to its core operations in metallurgical coal and copper, aspiring to improve global outcomes by contributing to the transition to a low-carbon/decarbonized...
Argentina’s export of Aluminium wires during 2019-20 manifests de-growth; 30.61% growth predicted for 2021
Argentina’s annual average inflation plunged to 41.5% in January 2021, which was 42.70% in December’20. As per the projection of FocusEconomics panellists, inflation to reach 48.0% in 2021, which is up 1.3 % points from last month's estimate, and 2022 at 36.6%. The nation located mostly in the southern half of South America has recorded export of 70,757 tonnes of aluminium wires in 2019-20 and the revenue earnings for the export stood at $149.67 million. Argentina’s export of aluminium wires in 2019 stood at 37,532 tonnes and the earnings remained at $83.45 million, whereas, in 2020 the export manifested de-growth by 11.47%, as the export volume shrunk to 33,225 tonnes and the earnings also dropped to $66.22 million. The export for 2021 has been predicted with a rise of 30.61%, as the...
