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.
Novelis: Towards approval of Aleris deal loses Lewisport
Aditya Birla Group as the owner of Hindalco and, therefore, Novelis secured its position as the world’s largest producer of value-added aluminium products with the completion of the $ 2.8 billion acquisition of Aleris in 2019, though the approval from the U.S. Justice Department has been pending...
Turkey’s Bauxite import remains strong during 2017-19: Projected dip by 31.86% in 2020
The economy of Turkey is an emerging market economy as defined by the International Monetary Fund. Turkey is among the world's developed countries according to the CIA World Factbook. Turkey is also defined by economists and political scientists as one of the world's newly industrialized countries....
Liberty Aluminium Technologies restarts production with COVID-19 safeguard
Liberty Aluminium Technologies has resumed production after a two-month halt, provided with safeguarding from COVID-19 epidemic by reducing the risk. The staffs have started re-joining to their work this week for the production of components towards the automotive sector at sites in Coventry and...
Aluminium supplier Soon Lian Chairman and CEO Tony Tan Yee Chin resigns
On 18 th May’20, Soon Lian Holdings, the aluminium supplier made public that Tony Tan Yee Chin resigned as company Chairman and CEO following differences in an opinion he had with two executive directors regarding the execution of the group's strategic direction in the area of resource allocation...
COVID-19 impact: Japan's UACJ holds back domestic production of Aluminium products
UACJ, the Japanese manufacture of aluminium products has downsized its production at its domestic plants in response to the plunge in demand, especially from the auto industry, due to the Covid-19 epidemic. On 19 th May’20, UACJ stated it has ceased part of its domestic production for several days...
Finland’s expeditious growth of Aluminium scraps exportation during 2017-20
Finland is the eighth-most expensive country in Europe according to a Eurostat study of 2017. The economy of Finland is a highly industrialised, mixed economy with a per capita output similar to that of other western European economies such as France, Germany and the United Kingdom. Industry in...
BALCO introduces CSOC to strengthen the security of its people and operations
Bharat Aluminium Company (BALCO), a global pioneer in the aluminium & power sector recently introduced an automated and highly sophisticated Centralised Security Operations Centre (CSOC) to further strengthen the security of its people and operations. This technological augmentation of the security...
Dutch Aluminium maker Aldel to sell 180,000 tonnes to Glencore
Adel, the Netherlands-based aluminium maker stated on 18 th May’20 that it has tied up for this year and next year to sell 180,000 tonnes of the metal to commodity trader Glencore. London-listed Glencore is a major player in the aluminium market outside China. Earlier in April’20, Glencore made a...
European Aluminium supports rapid actions for the recovery of the automotive sector at the European level
Aluminium is a part of many large value chains and the largest of them being the automotive and transport sector. This sector alone represents 36% of the aluminium market. As the automotive industry is facing a severe slowdown or is even stopping production, the aluminium production which includes...
Tata Motors’ JV partner in China for JLR, Chery Automobiles to roll-out eQ5 electric SUV based on all-new aluminium platform
Tata Motors’ joint venture partner in China, Chery Automobiles, that has been manufacturing Jaguar Land Rover products for the Chinese market, is now ready to roll-out its first fully electric SUV, the eQ5, in its home country. The compact electric crossover is built on Chery’s all-new...
The gradual fall of Namibia’s Aluminium structures importation market during 2017-20
Namibia, a country in southwest Africa, is distinguished by the Namib Desert along its Atlantic Ocean coast. The country's sophisticated formal economy is based on capital-intensive industry and farming. Namibia's economy is heavily dependent on the extraction and processing of minerals for export....
COVID-19 impact: Govt. of India announces major reforms in the mineral mining sector, advantage inclines to Aluminium industry
On 16 th May’20, Mrs Nirmala Sitharaman, Finance Minister of India announced major reforms in the mining of minerals through a seamless composite exploration-cum-production regime. Mrs Sitharaman announced that 500 blocks of minerals will be auctioned through an open and transparent process. She...
Tiwai Point Aluminium smelter future uncertainty drags on
New Zealand Aluminium Smelters (NZAS) said: “The Electricity Authority’s proposal to reform its transmission pricing methodology might be too little and coming too late.” Stew Hamilton, General Manager, said: “The NZAS executive team had argued for years the firm was paying too much for...
Guinea Minister of Mines: Iran a competent partner for the development of mining projects
Abdoulaye Magassouba, Minister of Mines and Geology, Guinea stated that: “Iranian companies are capable partners for the development of mining projects.” On 15 th May’20, the Guinea minister while speaking in a video conference with Iranian Deputy Minister of Industry, Mine and Trade Khodadad...
Coal India mandated to replace 100 Million tonnes of imports from non-regulated sector like Aluminium
The Indian state-owned coal mining company “Coal India Ltd” has been mandated by the Government of India to replace at least 100 million tonnes of imports with domestically-produced coal in the ongoing fiscal. An official spoke-person of CIL said: “Coal India has a mandate of replacing at least 100...
European Commission introduces new monitoring system for aluminium imports
On 15 th May’20, the European Commission is introducing a new system to monitor the imports into the EU of certain aluminium products. The objective is to permit rapid analysis of import trends, ahead of official Eurostat statistics. The new monitoring system that has been commencing from 15 th...
COVID-19 impact: AIMO applauds Finance Minister of India's message of special packages to MSME sector
All India Manufacturers Organisation, ( AIMO ), India’s Apex Trade body focused on the MSME sector on 14th May’20 applauded the announcements made by the Finance Minister of India and welcomed the new packages that were offered to the MSME sector. AIMO also emphasized that apart from Money, MSME’s...
Mozambique’s Bauxite export remains positive during 2017-20
Mozambique is located on the southeast coast of Africa. It is bound by Swaziland to the south, South Africa to the southwest, Zimbabwe to the west, Zambia and Malawi to the northwest, Tanzania to the north and the Indian Ocean to the east. The below-par quality of the countries bauxite reserves and...
