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.
14-day ultimatum served to UC Rusal Alumina Jamaica, says UCASE
UCASE, the Union of Clerical, Administrative and Supervisory Employees said that it has served a 14-day ultimatum to the management of UC Rusal Alumina Jamaica Limited post negotiations with the company became motionless. As per the statement from UCASE, the bauxite mining company on 10 th March...
India Govt. considers creating Non-Ferrous metal scrap recycling an organized sector, Aluminium to play vital role
The mining ministry has lately released the National Non-Ferrous Metal Scrap Recycling Framework 2020, covering key non-ferrous metals like Aluminium among others. The framework has been released with the intent to promote a formal and well-organized recycling ecosystem in the country which is...
Ex-Volvo purchasing Chief Martina Buchhauser proposed as a new Board member of Gränges AB
The Chief Procurement Officer at Volvo Car Corporation, Martina Buchhauser who stepped down from his position recently, where she was also part of the Executive Management Team, is proposed as a new member of the Board of Directors to be elected at the Annual General Meeting on 6 th May 2021....
Live in just 3 months! AlCircleBiz crosses 100+ Global Sellers
AlCircleBiz, the world's first global marketplace which connects millions of buyers and sellers across the entire aluminium value chain, went live on 14 th November’20, proudly announces the platform has crossed 100+ global seller as on date. AlCircleBiz brings on board 40+ years of industry...
Denmark’s import of Aluminium Tubes or Pipes Fittings during 2018-20 illustrates steady growth
Denmark, a small country with an open economy and a structural balance of payments surplus, the economy remains although prosperous but is highly dependent on foreign trade. This was the major reason Denmark recorded its deepest fall in GDP in the first half of 2020 due to the COVID-19 crisis,...
Govt. stands at final stage towards the selection of strategic investor for bauxite project, says President of Ghana
The Govt. of Ghana is standing at the final stage to close a deal for bringing in an investor to partner with the Ghana Integrated Aluminium Development Corporation (GIADEC) for bauxite exploitation in the country. Nana Akufo-Addo, President of Ghana, while addressing the parliament in his first...
Rio Tinto’s Tiwai Aluminium smelter assures over clean-up after Govt. suspended negotiations
Stewart Hamilton, the Chief Executive officer of the Tiwai Point aluminium smelter has delivered assurance that the group will shut down the smelter safely and responsibly after the New Zealand Government suspended negotiations over its future clean-up. NZAS chief said: “The smelter recognised its...
NALCO CPP receives two years extension of bride linkage from Coal Ministry
The National Aluminium Company Limited (Nalco), a Navratna CPSE having integrated and diversified operations in mining, metal and power under the Ministry of Mines, Government of India have received two more years’ extension of bridge coal linkage for its captive power plant as recommended by the...
Colombia’s export of Aluminium Household Articles during 2018-20 reveals unsteady movement; earnings exhibit drop
The economy of Colombian commenced its recovery process from H2 of 2020. As forecast, it will grow 4.8% in 2021 and 3.8% in 2022 boosted by private consumption and investment, while inflation will gradually return to its target in 2021 and the Central Bank will hold rates at low levels during 2021....
Leading rail engineering firm Vecturis joins the Minim Martap BFS team
On 9 th March 2021, Canyon Resources Limited made public that Vecturis has joined Canyon’s Owner’s team to develop the technical and commercial rail solutions for the BFS. A privately-owned Belgian company, Vecturis specialise in railway management services and operations, functional for freight,...
Altech HPA battery coating technology first-phase test results remain positive, advancing for the next stage
Altech Chemical, the high purity alumina producer confirmed that the results from first-phase testing of batteries that contain graphite particles coated with its proprietary high purity alumina coating technology remain positive. Test work will now advance to the next stage comprising further...
Ireland’s import of Aluminium Plates, Sheets and Strips during 2018-19 reflects impressive growth, 2020 records downfall
Ireland enjoyed a steady economic growth post the EU-IMF bailout in late 2013 and the country placed itself as one of the fastest-growing European economies. In 2020, the Irish economy suffered from the successive lockdowns put in place to contain the COVID-19 pandemic, while the GDP growth fell to...
Spanish Govt. seeks solvency prove from a division of GFG Alliance before acquisition of San Ciprian Aluminium smelter
Metal tycoon Sanjeev Gupta has crowned a reputation for over a decade as one of the world’s biggest promoter of steel by sealing deals for mills and smelters across Australia to Romania while placing up billions in debt for decaying assets. The Executive Chairman of GFG Alliance has planned out a...
Odisha, India: State cabinet permits OMC to sell entire Bauxite
On 6 th March 2021, the Odisha cabinet held a meeting, where it approved the proposal of the state government to authorize Odisha Mining Corporation (OMC) to sell the entire quantity of bauxite ore meant for sale through national e-auction for 2020-21 at the rate of INR 1,000 per tonne. As decided,...
ElementUS: DADA Holdings, Enervoxa venture to infuse $800 million for rare earth extraction project
The Governor of Louisiana, John Bel Edwards joined DADA Holdings Chairman and CEO David D’Addario and Enervoxa CEO Vandit Verma to publicise that the joint venture of DADA Holdings and Enervoxa ‘ElementUS’, will infuse an $800 million capital investment to extract rare earth elements at the Noranda...
Hydro divests Rolling division to KPS Capital Partners for €1,380 million
The Norwegian aluminium company Norsk Hydro ASA has set foot to sell its rolling division to KPS Capital Partners for EUR 1,380 million on an enterprise value basis. This is considered as a major step on Hydro's agenda to enhance profitability and drive sustainability. The transaction comprises...
Morocco’s import of Aluminium wire during 2018-20 manifests rapid de-growth
The World Bank has forecasted 4% growth for the economy of Morocco, as reported by the Moroccan state media and also notified the country’s growth will be accredited to agriculture. The North African nation during 2018-19 has recorded 31,967 tonnes import of aluminium wire and the expenditure that...
Bel Air Mining in deep financial crisis, workforce to lay-off
In 2017, Bel Air Mining was established in Guinea and now in 2021, it is in a deep financial crisis. The Guinean subsidiary of Alufer Mining Ltd., which exploits bauxite in the Boffa region, has been severely affected due to the recent slash in prices and the increase in freight and restrictions...
