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.
Vedanta chief Anil Agarwal seeks $5 billion for turnaround fund
The founder and Chairman of Vedanta Resources Limited, Anil Agarwal is seeking leastwise $5 billion for a fund earmarking companies being sold off by Government of India, as per industry professionals. This is a practised strategy, marking a return that made him wealthy. Mr Agarwal is intending an...
EPI broadens its manufacturing capabilities to support Boeing 787 Dreamliner’s aluminium components in UAE
EPI, a key contributor to UAE’s Defence, Aerospace, and Oil & Gas industries is broadening its manufacturing capabilities to support the Boeing 787 Dreamliner. On 28 th September’20, the announcement was made on the sidelines of the two-day Global Aerospace Summit, which takes place virtually from...
Brazil’s import of Aluminium Tubes and Pipes during 2017-18 exhibits downfall, 2019-20 inclines toward up-market
Brazil has the third-best advanced industrial sector in The Americas. The Latin American nation’s one-third of GDP has been contributed by its diverse industries range from automobiles, steel and petrochemicals to computers, aircraft, and consumer durables. Brazil’s import of aluminium tubes and...
Azelio, Stena Aluminium to enter in long-term collaboration around Energy Storage
Azelio, the Swedish game-changing firm towards the future of solar energy and Stena Aluminum, the leading producer of aluminium alloys from recycled material in the Nordic region are planning to enter into a long-term global collaboration that aims to accomplish Azelio’s energy storage units by...
Chevron secures contract from Alcoa Australia to supply more gas at Alumina refineries
Chevron, the American multinational energy corporation has signed an agreement to supply a supplementary 37PJ (962mn m³) of gas sourced from the three LNG projects located offshore Western Australia (WA) to Alcoa's alumina refineries in the southwest part of the state, adding to an existing...
Montenegro’s Bauxite imports during 2017-20 demonstrate “see-saw” movement
Industrial Production in Montenegro decreased 12.40% in the second quarter of 2020 over the same period in the previous year. As reported on 19 th August’20, the Montenegrin government said: “Montenegrin company Uniprom has launched a 15 million euro ($17.9 million) aluminium billets production...
Rio Tinto ready to talk with New Zealand Government on extending operations at Tiwai aluminium smelter
The world’s second-largest metal and mining corporation, Rio Tinto communicated that it was willing to continue talks with the Government of New Zealand on extending operations at its Tiwai Point aluminium smelter, as offered by Prime Minister Jacinda Ardern on 28 th September’20. Jacinda Ardern...
Aluminium Sector capable to play vital role in the growth of India: Abhijit Pati, CEO & Director, BALCO
The Aluminum industry is predominant in the development of the country, as India is driving pivotal projects like Make in India, 100 Smart Cities, 100 AMRUT Cities, 24-hour uninterrupted power supply, 100% rural electrification, domestic space program, achieving 100 GW solar power generation...
Govt. of Sri Lanka: Accounts Aluminium imports as raw material to foster job market
The Sri Lankan Government is to account whether aluminium could be imported as raw material and foster the job market of the country, while saving much foreign currency, stated by Ajith Nivard Cabraal, Money and Capital Market and State Enterprise Reforms State Minister, on 25 th September’20. This...
Schneider Electric launches new APC Easy Rack PDU, designed in aluminium housing
Schneider Electric, the European multinational company providing energy and automation digital solutions for efficiency and sustainability has recently launched the APC Easy Rack Power Distribution Units (PDU) range which features easy-to-install, easy-to-use and customisable PDUs for connected...
Six Indian industry majors commit towards “Near Zero Emissions by 2050”, Aluminium also part of Charter
The Aluminium industry considered one of the toughest to reduce emission sector, need to shift to new technologies using 100% renewable energy and feedstock. A coalition of six Indian industry majors which includes Hindalco Industries signed up an ‘Industry Charter for Near-Zero Emissions by 2050’...
South Korea’s import of Bauxite during 2017-19 exhibits growth; estimated 11.24% drop in 2020
The economy of South Korea is a highly developed mixed economy dominated by family-owned conglomerates called chaebols. It is the 4th largest GDP in Asia and the 12th largest in the world. South Korea is known for its spectacular rise from one of the poorest countries in the world to a developed,...
Sweden’s Heart Aerospace to electrify regional aircraft; airframe and wing to be made from lightweight aluminium
Heart Aerospace, the Swedish aviation start-up communicated that it plans to build a 19-seat all-electric commercial aircraft that will fly by mid-2026. On 23 rd September’20, Gothenburg based firm presented its regional aircraft design dubbed “ES-19”, which will have a range of about 222nm...
Vedanta appoints MK Razdan, the former CEO of PTI as Senior Advisor - Corporate Communication
Vedanta, the globally diversified metal and mining company appointed MK Razdan, the former CEO and editor-in-chief of PTI as a Senior Advisor for the Corporate Communications team. He will be based out of Delhi. Razdan is a well-known name in the industry and has spent over three decades in the...
The “Corona” crisis: Aluminium Rheinfelden seeks for protective shield proceedings
On 22 nd September’20, Aluminium Rheinfelden has applied for protective shield proceedings; these are preliminary insolvency proceedings with high requirements. This enables viable companies to improve their chances of restructuring. Rheinfelden Alu currently employs 256 staffs. Aluminium...
Vestdavit secures contract from Royal Australian Navy to deliver patrol boats, aluminium structured for lightweight and anti-corrosion
Vestdavit, the leading davit supplier has secured an agreement with Austal Australia to supply twelve boat launch-and-recovery systems for the Royal Australian Navy (RAN). The marine davits will be installed on six new Cape-class patrol boats (CCPBs), under construction for the Navy at Austal’s...
Philippines import of Aluminium Foil during 2017-20 reveals a steady market with minimal downfall
The Philippines' economy is considered as one of the most dynamic economies in East Asia and the Pacific. Amidst lingering global and local uncertainties, the Philippine economy is poised to grow at 6.4% in 2019 and 6.5% in 2020 and 2021. The Southeast Asian nation’s aluminium foil importation...
Geely Auto launches electric vehicle manufacturing platform; Aluminium to be used more to make vehicles lighter
Zhejiang Geely Holding Group, commonly known as Geely rolls-out its first electric vehicle-focused platform on 23 rd September’20, intended to up-rise a variety of models more proficiently for both the Chinese automaker and its partners. As the global auto industry exercises towards investment in...
