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.
Iceland’s export of Aluminium scrap during 2018-20 reveals upswing, earnings remain unstable
Iceland is considered as a stable democracy with an active consumer economy. The pillars of the Icelandic economy are aluminium smelting, fishing, and tourism and the major material exports are aluminium products and fish products, and main service exports are tourism-related services. The Nordic...
Dutch start-up Pyke rolls-out its hard seltzer in Aluminium cans
The Tilburg based start-up of Pyke is the next company to bring a freshly brewed hard seltzer to the market, which introduces a new flavour experience in this fast-growing category. Anne Koren, Chief Communications Officer at Pyke, said: “Our product is the right choice for young people between the...
Guinea’s mining production leaps, tax revenues dip: IMF wonders about income from mining
On 9 th December ‘20, the Board of Directors of the International Monetary Fund (IMF) approved a disbursement of $ 49.47 million for Guinea as part of the aid to the nation facing the difficulties of stabilizing their balance of payments. The government of Guinea has praised the continuation of the...
India's eastern state Odisha attracted over INR 100,000 crore investments during Corona crisis: Chief Minister
On 12 th December, Naveen Patnaik, Chief Minister of India’s eastern state Odisha announced that the state government is dedicated creating a favourable environment for the promotion of industries in the state and eyeing on the implementation of new projects. Odisha has developed an online system...
Netherlands export of Aluminium wires during 2018-20 demonstrates enterprising market
The COVID-19 outbreak disruption is weighing on the Netherlands' economy and the sovereign's fiscal position. GDP contracted 8.5% QoQ in Q2’20, after a 1.5% contraction in Q1’20. Although the economic fallout is historically very large, it is less severe than the euro zone-wide quarterly...
Australia Govt. step in to support Alcoa's struggling Portland aluminium smelter
The Government of Australia will step in as shield for Alcoa’s struggling Portland Aluminium smelter in Victoria to relieve pressure on the power grid, as reported by two ministers on December 14. The government has decided to underwrite up to A$76.8 million ($57.94 million) in revenue earned by...
Metal tycoon Sanjeev Gupta demands for new emissions rules in post Brexit era
The Indian born British industrialist Sanjeev Gupta, whose business empire includes the Lochaber aluminium smelter in Scotland, the UK’s only aluminium smelter, said: “The post-Brexit UK should abandon the European Union’s ‘outdated’ emissions rules.” The call comes from the billionaire businessman...
Aluminium bodied Black flirty hybrid train moves to Norway from Siedlce plant
The Stadler Polska plant initiated the production of very interesting multiple aluminium units for the Norwegian carrier Norske Tog. The train coaches are built jointly by plants in Minsk and Siedlce. Marta Jarosińska, the spokeswoman for Stadler Polska, said: “Black Flirty, a hybrid train for the...
“The Most Sustainable Companies in Greece 2020”: ElvalHalcor Hellenic Copper and Aluminium Industry S A joins the group
ΕlvalHalcor joins 'The Most Sustainable Companies in Greece' straightway for the 4 th year in a row. The leading global industrial producer of aluminium and copper, ElvalHalcor, together with 24 other companies were evaluated, based on its performance in the 'Sustainability Performance Directory'...
Japanese firm Alhytec collaborates with Toyota to test the use of aluminium and alloys for hydrogen generation in EV
An energy and resource recycling firm in Japan is cooperating with the multinational Japanese carmaker Toyota to trial the use of aluminium and alloys recaptured in car manufacturing as a source of hydrogen generation for fuel cell electric vehicles. Alhytec, A Toyama-based firm has bespoken a...
Finland’s export of Aluminium structures during 2018-20 reflects steady growth
The economy of Finland is highly industrialized, largely free-market economy with per capita GDP almost as high as that of Austria and the Netherlands, while marginally above that of Germany and Belgium. Trade is important, with exports accounting for over one-third of GDP in recent years. However,...
Hydro to focus on low-carbon aluminium production, aims to expand recycling
The Norwegian aluminium company Hydro stated that it would emphasis on the production of low-carbon aluminium, as well as broaden its portfolio into recycling, renewables and batteries by 2025. Hilde Merete Aasheim, President and CEO of Hydro, said: “We have generated cash, cut costs and delivered...
India’s largest carmaker Maruti Suzuki to hike vehicle prices from Jan’21; Aluminium and other raw materials gets costlier
Maruti Suzuki Ltd., India’s largest carmaker withholding more than 50% of market share in the passenger vehicle segment, announced that from January’21 it would increase prices of its vehicles. It is forecasted that the price rise could be more this time, as the cost of raw materials has increased...
Ecuador’s import of Aluminium Foil during 2018-20 remains unsteady
The economy of Ecuador has been one of the most stable in Latin America. Ecuador has enjoyed a healthy economy supported by the dollarization regime, as the country uses the US dollar for its currency and high oil prices. Ecuador was the first country in Latin America to experience a significant...
Canyon Resources: Cliff Lawrenson joins the board as Chairman, David Netherway steps down
Canyon Resources Limited has announced the re-organization of its Board, which intends to drive the next stage of growth and welcomes mining professional Mr Cliff Lawrenson as Non-Executive Chairman. Mr Cliff Lawrenson said: “I am very pleased to be joining the Canyon Resources Board at this stage...
Alteo Alumina refinery’s fate will be fixed on January 7, 2021
The Marseille commercial court was due on 8 th December’20 to examine the two takeover bids submitted for the speciality alumina unit at Gardanne in Southern France. But one of the two bidders withdrew. The inter-union hopes to reduce the social impact of the remaining offer carried by United...
The Corona crisis: Indian Railways Aluminium body coaches roll-out gets delayed
The plan for rolling out the first batch of aluminium coaches of Indian Railways suffers delay due to the Covid-19 outbreak causing obstruct in production. The lightweight aluminium coaches will position Indian Railways with the benefit of running trains to speed up to 160 kmph, reduce energy...
Japan’s export of Aluminium wires during 2018-20 displays consistent development
The economy of Japan has plunged at its rapid rate on record as it battles the COVID-19 pandemic. The world’s third-largest economy saw gross domestic product fall 7.8% in April-June from the previous quarter or 27.8% on an annualised basis. However, Japan was already struggling with low economic...
