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.
Solomon Islands bars Bauxite mining on Wagina Island
Hon. Culwick Togamana, Minister of Environment, Climate Change, Disaster Management and Meteorology have supported the decision to decline the development of a bauxite mine on Wagina Island. Richard Pearshouse, Head of Crisis and Environment, Amnesty International, said: “This is a hard-won victory...
Vedanta reports Q2 net profit slip by 61.80% to INR 824 crore
On 6 th November’20, Vedanta reported 61.80% shrink in consolidated net profit at INR 824 crore for the quarter ended 30 th September’20 on the back of one-time tax expense. Vedanta said in a filing to BSE: “The Company posted a net profit of INR 2,158 crore in the year-ago period.” Income during...
Australia: Aluminium fabrication firm “Air Fab Pty” secures contract of $1.3 million from Boeing to build safety stands for RAAF jets
Air Fab Pty, specialises in Aluminium fabrication, that employs just 8 peoples and based in Victoria has secured a $1.3 million contract from Boeing Defence Australia to design safety stands used to maintain the RAAF’s F/A-18F Super Hornets and EA-18G Growlers. Air Fab mostly produces light,...
Germany’s export of Aluminium container during 2018-20 reveals steady growth
Germany's economy slumped by 2.2% in the first three months of this year as the COVID-19 pandemic pushed it into recession. It was the biggest quarterly fall since 2009 when the country was engulfed in the global financial crisis. The Western European nation’s export of aluminium containers during...
Australian Bauxite Ltd submits mining lease application for fully funded Sunrise Bauxite Project
Australian Bauxite Ltd made public towards the submission of mining lease application for fully-funded Sunrise Bauxite Project, Binjour QLD. If the application is approved then the bauxite will be shipped from the port of Bundaberg. Australian Bauxite Limited that operates mines in Tasmania...
COVID-19 lockdown, high Aluminium pricing forced Bajaj Electricals to re-consider its strategy
Bajaj Electricals, an Indian consumer electrical equipment manufacturing company based in Mumbai, has come up with extremely good results during the lockdown phase. The company’s consumer business rose to 10.08% from 4.7%, which is a huge development in EBIT margin. However, Shekhar Bajaj, Chairman...
RUSAL: Installation of innovative crude aluminium cleaning system at Khakas Aluminium smelter concludes
RUSAL, a leader of the global aluminium industry concludes the installation of a modern automated system for cleaning crude aluminium in crucibles at the Khakas Aluminium Smelter (KhAZ) in Sayanogorsk. The global aluminium giant has injected $2.7 million in the project. The introduction of the...
TDK Corporation offers new EPCOS aluminium electrolytic capacitor series B43647
TDK, a global electronic components manufacturer leading in magnetic technology, offers its new EPCOS aluminium electrolytic capacitor series B43647 with snap-in terminals. As it is an outstandingly high CV product, they are best for highly compact solutions in power electronics. The capacitors are...
Iran’s import of Aluminium Sheets, Plates and Strips during 2018-20 reflects an upward trend
Iran’s economy is a mixed and transition economy with a large public sector. It is counted as the world's eighteenth largest by purchasing power parity. Some 60% of Iran's economy is centrally planned. Although, FocusEconomics Panellists see the economy contracting 7.3% in SH 2020, which is up 1.2%...
Fortum eNext accomplishes Hindalco Mahan Aluminium’s coal-fired power plant project of axing NOx emissions
Fortum eNext low-NOx solutions, a part of Finland’s clean energy firm Fortum, has accomplished its earliest commercial combustion modification project in Madhya Pradesh, India at Hindalco Mahan Aluminium. Fortum said in a statement: “The project was aimed at reducing nitrogen oxides (NOx) emissions...
Canada Aluminium sector expects Joe Biden in the White House
The American election is attracting attention in the whole world, but for Saguenay – Lac-Saint-Jean in Canada, it is very much critical. Major sectors of the regional economy are affected by the choice Americans will make between Republican Donald Trump and Democrat Joe Biden. The Canada aluminium...
QALEX “buys-out” Abdul Noor Aluminium Extrusion Factory
On 3 rd November’20, Qatar Aluminium Extrusion Co (QALEX), announced the acquisition of the assets of Abdul Noor Aluminium Extrusion Factory. Abdul Rahman bin Abdullah Al Ansari, Chairman of QALEX and Jassim Abdul Noor, Chairman of Abdul Noor Aluminium Extrusion Factory signed the purchase...
Morocco’s import of Aluminium Foil during 2017-20 unveils a potential market
Morocco's economic freedom score is 63.3, making its economy the 78th freest in the 2020 Index. The economy is positioned to decline notably this year as domestic demand falters and the external sector is hampered by slack foreign demand for key exports. FocusEconomics analysts project the economy...
Quebec Govt. undertakes to modernize its aluminium strategy; OEM’s seeks help to improve competitiveness for exports
As the Quebec Govt. wants to breathe new life into the aluminium industry, it needs to well listen to the subcontractors and suppliers of equipment towards aluminium smelter, who desires to double their exports over the next five years. Éloïse Harvey, President of Mecfor and spokesperson for a...
Reynaers Aluminium: Europe’s leading architectural aluminium solutions provider rolls-out minimal MasterPatio sliding-window system
Europe’s leading sustainable and architectural aluminium solutions provider, Reynaers Aluminium, has the MasterPatio minimal sliding frame system, which allows architects and designers to create dramatic floor-to-ceiling windows. Established in 1965 in Duffel, Belgium, Reynaers Aluminium designs...
Tenova commissions Roll Grinding Machine and Roll Shop Equipment for the new Hot Rolling Mill at JW Aluminum
JW Aluminium, a leading producer of flat-rolled aluminium products, which are used in a wide variety of commercial and consumer applications based in South Carolina, USA, has successfully commissioned the Roll Grinding Machine and Roll Shop Equipment for the new Hot Rolling Mill towards the...
Ivory Coast’s import of Aluminium structures during 2018-20 demonstrates an upward trend
The economy of Ivory Coast is stable and currently growing; however, the GDP of the nation is expected to reach $48.00 billion by the end of 2020, according to Trading Economics global macro models and analysts’ expectations. In the long-term, the Ivory Coast GDP is projected to trend around $54.00...
Guyana’s untouched Bauxite deposit near Orealla likely to be developed: Minister of Natural Resources
On 2 nd November’20, Vickram Bharrat, Minister of Natural Resources, Guyana, announced that he has already met with investors those are looking to develop the Tarakuli bauxite deposit located just over 10 miles away from Orealla (East Berbice/Corentyne). Natural Resources Minister, Bharrat along...
