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.
Indian skincare brand Vilvah goes Aluminium
The Indian natural skincare brand Vilvah, based in Tamil Nadu consciously takes sustainable measures, as it recently launched a recycling program, where a consumer can bring empty containers to their physical stores for discounts. Villa firmly believes that saving the earth is an individual...
Italy’s import of Aluminium Powder and Flakes during 2018-20 indicates downturn
In its 2021 budget to foster an economic rebound from the recession caused by the coronavirus crisis, the Italian government has approved a new stimulus package. Roberto Gualtieri, Minister of Finance and Economy communicated over social media handle by saying: “Expansionary measures in 2021 will...
Canyon Resources: “Dimitri Bacopanos” joins the board as Non-Executive Director
Canyon Resources Ltd has announced that Mr Dimitri Bacopanos joined the Board of as a Non-Executive Director. Mr Bacopanos’ appointment follows the completion of the successful A$10 million equity placement by the Company, including completion of the A$5.6m investment in Canyon by interests...
GFG Alliance to increase Aluminium production to 1 million tonnes/year, more acquisitions to follow: Sanjeev Gupta
On 19 th October’20, Sanjeev Gupta, Executive Chairman and CEO of GFG Alliance in the London Metals Exchange (LME) Seminar, said: “GFG Alliance plans to boost its aluminium production capacity to at least 1 million tonnes/year within the next two years via acquisitions” “This would be up from the...
International Aluminium Institute heralds global recycling data
On 20 th October’20, The International Aluminium Institute (IAI) released global aluminium recycling data. According to figures from the IAI, recycling of just one aluminium can conserve enough energy to recharge up to 20 mobile phones, while global aluminium recycling saves enough energy every...
Oman’s export of Aluminium scrap during 2018-20 remains uneven, earnings keep rising
Oman is heavily dependent on oil and gas resources, which generates between and 68% and 85% of government revenue, depending on fluctuations in commodity prices. The key components of the government's diversification strategy are tourism, shipping and logistics, mining, manufacturing, and...
Tiwai smelter: Hopes are gathering to keep open Rio Tinto’s aluminium plant longer
Hopes gradually appear to grow for the Tiwai Point aluminium smelter to remain open for another three to five years. However, the major stakeholder Rio Tinto declared in July’20 that it would shut down the Tiwai Aluminium smelter by August 2021 provided its high energy costs and a challenging...
Norsk Hydro’s German factories distressed by high penalties after alleged aluminium dumping
The US Department of Commerce recently declared that punitive tariffs will be imposed on producers of rolled aluminium from 18 countries. The tariffs mainly go from a few percent to up to 50%. However, for Hydro Aluminum Rolled Products GmbH, a wholly-owned German subsidiary of Norsk Hydro, the...
Chile’s import of Aluminium cans during 2018-20 exhibits downmarket, expenditure remains high
The economy of Chile is a market economy and high-income economy as ranked by the World Bank, and is considered one of South America's most prosperous nations. According to IMF estimates, inflation reached 2.3% in 2019 and is expected to slightly increase to 3.4% in 2020 and 2.9% in 2021; this...
Bechtel Corporation secures engineering consultant contract for Egyptalum's 7th production line
The largest aluminium producer in Egypt and one of the largest in Africa, Egyptalum, has assigned the US-based company Bechtel an engineering consultant contract for the former's seventh production line project. The main purpose of the project is to increase Egyptalum's production of aluminium,...
Tunisie Profilés Aluminum: Domestic market performance cushions the effects of “Corona crisis”
Tunisia’s largest company “Tunisie Profilés Aluminum”, a specialized manufacturer of aluminium alloy profiles has announced its third-quarter’20 results, which reflects an overall revenue rise by 28% and this stands at TND 44,576,567 (Tunisian Dinar) against TND 34,957,488 in the 3rd quarter of...
MCX: India’s largest commodities exchange to debut first tradeable real-time base metals indices by name “METLDEX”
METLDEX, the first base metal futures indices from MCX, India’s largest multi-commodity exchange is going live from 19 th October’20 and is ready to reform the way prices are spotted as the indices will be traded on the real-time domestic prices. Presently, domestic metal prices are pivoted to the...
“ElementUS”: A DADA Holdings and Enervoxa ground-breaking joint venture to extract rare earth elements from bauxite residue at New Day alumina refinery in Gramercy
DADA Holdings LLC, the principal owner of New Day Aluminum, and Enervoxa, a Canadian based green technologies company, together announce a ground-breaking joint venture, ElementUS, to extract valuable rare earth elements and minerals from bauxite residue at New Day’s alumina refinery in Gramercy,...
Hitachi delivers Aluminium bodied train for Ho Chi Minh City metro line
On 13 th October’20, Hitachi has delivered the first of 17 train-sets for the metro line under construction in Ho Chi Minh City. Line 1 will run for 19·7 km between Ben Thanh Market in the central District 1 and Suoi Tien Theme Park in District 9 to the northeast, with 17·1 km of the route being...
Austria’s import of Aluminium household articles during 2018-20 manifests “seesaw” movement
Austria is a highly developed industrialized country with an important service sector. The most important industries are food and luxury commodities, mechanical engineering and steel construction, chemicals, and vehicle manufacturing. The nation’s economic freedom score is 73.3, making its economy...
Dutch designer Richard Hutten melts down Amsterdam Schiphol airport’s old chairs for ‘sweeping’ new seating system, starts with aluminium frame recycling
Dutch furniture and interior designer Richard Hutten worked with award-winning design label for contract furniture and office furniture, Lensvelt to develop 27,000 new seats for Amsterdam's Schiphol airport that make use of the building's existing resources. According to Richard Hutten, this:...
Vedanta invests big on Industry 4.0 and digitization, to stay ahead of the game
Vedanta, the multi-billion dollar mining and metal Group invests big on industry 4.0 and digital technologies to stay relevant in the metal industry. The demand for metals is growing continuously, as the global population rises and aluminium stands as the second most essential metal in the world....
Threatened jobs at MBF Aluminum in France, employees on demonstration in Saint-Claude
MBF Aluminium in France, an automotive subcontractor for aluminium components, intended to defend their 300 jobs, which is standing on a threat in the more or less short term. On 15 th October’20, the employees meet in front of the cathedral of Saint-Claude in the morning to demonstrate a protest....
