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.
Trimet Aluminium SE in Hamburg settles new Anode Baking Furnace into operation
Trimet Aluminium SE’s aluminium smelter in Hamburg settles a new baking furnace for the production of carbon anodes, aiming to ensure greater energy efficiency. The new brick-lined ring chamber furnace with 48 chambers superseded an eight-year-old furnace, ensuring greater energy efficiency. An...
Chalco Chairman Lu Dongliang resigns from his position
Aluminum Corp of China Ltd, Chalco, declared on 14th May’20 that its Chairman Lu Dongliang had resigned from his position. The previous President of the company Ao Hong has been put in temporary charge. Lu Dongliang has informed the board of Chalco, the listed arm of state-owned aluminium firm...
COVID-19 impact: Spanish Aluminium die-casting company RUFFINI S.A. resumes for production
RUFFINI S.A. resumes switching on the melting tower to re-start its production of casted components, after 30 days of shut-down due to COVID-19 epidemic. The customary die-casting firm based in Barcelona works aligned with the major customers located in Germany, so the supply to Europe has started...
The steady rise of Sweden’s Aluminium cans importation market during 2017-20
Sweden is a competitive and highly liberalized, open market economy. The vast majority of Swedish enterprises are privately owned and market-oriented, combined with a strong welfare state involving transfer payments involving up to three-fifths of GDP. The rise in canned beverages market has also...
The “Corona” crisis: British Aluminium Scaffolding firm George Roberts ensures £1 million loan to survive lockdown
The British company based in Liverpool scaffolding supplier George Roberts ensured a £1m loan from Barclays bank to support cash flow issues during the lockdown. The £38m-turnover firm used the government-backed Coronavirus Business Interruption Loan Scheme (CBILS), which was announced by...
World Bank: Green energy roar will demand switch to ‘climate-smart’ mining
According to World Bank: “Climate-smart principles must steer the global search for the minerals and metals required by the green energy boom to make sure the process remains sustainable.” As per the new study, the global monetary body concluded that sourcing of non-metals, metals, and others for...
COVID-19 impact: FIMI expects Indian Prime Minister’s stimulus package will crop up relief to the highly taxed mining sector
Indian Miners apex body Federation of Indian Mineral Industries (FIMI) on 13 th May'20 hailed the INR 20 lakh crore special economic packages, expressing hope that the stimulus will also be used to give relief to highly taxed and struggling mining sector. FIMI said in a statement: "We are grateful...
Ministry of Mines, India: Urges JNARDDC and NALCO to co-operate each other for the R&D projects in Aluminium Industry
Satendra Singh, Joint Secretary, Govt. of India-Ministry of Mines on 12 th May’20 chaired a review meeting through Video Conferencing with officials of Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) and National Aluminium Company Limited (NALCO) to discuss the ongoing...
Anil Agarwal: Vedanta set to delist from Indian stock exchanges
On 12 th May’20, Vedanta Resources stated that mining and metal tycoon Anil Agarwal plans to offer INR 16,200 crore in cash to take the Indian stock exchanges-listed Vedanta Ltd private. The London-based outfit Vedanta Resources which Anil Agarwal delisted in 2018, is offering INR 87.5 for a share...
US Department of Justice: Proposes Hindalco-owned Novelis to divest investment in aluminium major Aleris
The "US Department of Justice" is proposing a federal court to order Aditya Birla Hindalco-owned American company Novelis to divest its entire stakes in aluminium major Aleris due to the competitive concern with such an acquisition. Novelis with its headquartering in Atlanta produces flat-rolled...
Czech Republic’s Aluminium scrap import market reflects nose-up during 2017-20
The economy of the Czech Republic is a developed export-oriented social market economy based on services, manufacturing, and innovation that maintains a high-income welfare state and the European social model. The industry sector accounts for 37.5% of the economy. The principal industries are high...
Two diesel locomotives built in China handover to Guinea, contribution towards enhancing Bauxite transit to port
A journey of 35 days that crossed 21,112 km with two large locomotives built by the Chinese group CRRC for the Dapilon-Santou railway line was landed on 8 th May’20 at the Guinean port of Boké, initiated the departure from the Chinese port of Yantai in Shandong province. The internal combustion...
Denmark’s import of Aluminium ingot remains variable during 2017-19: Dip by 2.55% projected for 2020
Denmark is one of the most prominent Scandinavian nations and an important part of the European Union since 1973. The country holds a prominent position in the world economy. Denmark is the world’s 60th largest economy in terms of Purchasing Power Parity (PPP). It has a diverse economy that is a...
COVID-19: PARC Robotic Systems in India reopens but still workers stay home
PARC Robotic Systems reinstated their two aluminium part factories in Pune at the western province of India. Bharat Gite, Director of PARC Robotic stated that he spent days servicing idle machines, sanitising his premises and putting in place social distancing norms for staff. The aluminium...
Rio Tinto: To test zero-emission aluminium bus in Quebec
The metal and mining giant, Rio Tinto, has joined hands on a project to develop a zero-emission bus made of aluminium that will be tested in the Saguenay-Lac-Saint-Jean region of Quebec, Canada in 2021. The bus is fully electric and made with aluminium and it is named as the Electrip. Emmanuel...
Political stand-off hampering bauxite labour talks in Guyana
The current political stand-off has been constantly hampering the progress of labour talks. This situation is also creating an abstraction of an order for Bauxite Company of Guyana Inc (BCGI) and the Guyana Bauxite and General Workers Union (GB&GWU) to enter into arbitration to resolve a...
The “Corona” crisis: Nissan to stretch production halt for most US plants, aluminium components suppliers to stand gloomy
The Japanese multinational automobile manufacturer headquartered in Nishi-ku, Yokohama, Nissan Motor Co., announced on 7 th May’20 that it is extending its production halt for most of the USA manufacturing plants in regards to the coronavirus pandemic. The decision has delivered a negative message...
Mexico’s Alumina import remains "even" during 2017-19: Projected 9.69% growth in 2020
A lack of domestic bauxite mines means Mexico can't make enough aluminium domestically to meet demand. Aluminium is the world’s second-most-used industrial metal, second only to steel. Mexico’s long-running mining tradition dates back to colonial times, and despite the historically large (and...
