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.
Guyana’s Bauxite export moving towards its golden years as 2017-20 shows a positive trend
Guyana, a country with a population of 780,000, neighbouring Brazil and Venezuela in the region’s northeast corner, is expecting to bloom its economy to 86% in 2020 after expanding 4.4% in 2019, as per International Monetary Fund. Bauxite was the country's leading industry in 2002, and gold and bauxite/alumina were the country's second-and third-ranking export commodities; bauxite and gold accounted for one-fifth of the country's GDP. Guyana was the fifth-largest bauxite producer in Latin America. <iframe width="500" height="300" src="https://www.youtube.com/embed/tPQH6ixUTgI" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> The total bauxite export of Guyana stood at 5.56 million tonnes during 2017-19. In 2017 the...
Norsk Hydro’s CEO keen to implement a long-term financial strategy in Aluminium business
The aluminium industry has moreover well performed in terms of sustainability. It’s amazing to know that 75% of all the aluminium ever produced is still in use today, but demand for the metal is growing at a rapid pace those mining projects continues to be an important source of the commodity. The global demand for aluminium is set to expand by a compound annual growth rate of 4.25% between 2019 and 2025. The global demand for aluminium cannot be satisfied by recycled aluminium alone, a great deal of environmental responsibility still resides with mining firms producing this valuable commodity. Norsk Hydro, one of the largest employs 35,000 people across 40 countries and is present across all continents. <iframe width="500" height="300" src="https://www.youtube.com/embed/SQVvHMowbKk"...
Alupro appoints PR firm Prova to reinforce aluminium message
The not-for-profit organisation with over 30 years of experience representing the UK’s aluminium packaging industry, Alupro, works to fulfil the industry’s obligation to meet, and exceed, recycling targets for aluminium packaging. Alupro is also funded by the industry. Alupro, the Aluminium Packaging Recycling Organisation is stepping up its communications strategy after appointing public relations firm Prova. The organisation has members including Crown Holdings, Red Bull UK and Ardagh, said that it wanted to position aluminium positively in the ongoing packaging debate. Bev Burnham, head of marketing and communications at Alupro, said: “Aluminium is a true packaging champion. It has an intrinsically high value, can be recycled indefinitely and contributes to a perfectly circular...
Aluminium body Boeing 737 of Southwest Airlines lands with 12-inch skin crack
The United States Federal officials on 13 th March’20 stated that they are investigating after a crack was found on the skin of the Boeing 737 jet. The flight is operated by Southwest Airlines and the incident occurred on 9 th March’20 when the flight was travelling from Las Vegas to Boise, Idaho. The plane gradually lost cabin pressure and flight records show that pilots began a rapid, six-minute descent from 39,000 feet to 22,000 feet. <iframe width="500" height="300" src="https://www.youtube.com/embed/TcU-IZA8Zfw" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> The Southwest Airlines and the Federal Aviation Administration (FAA) said at an altitude of 22,000 feet the cabin pressure was safe and the crew landed...
Iran's annual aluminium production to rise 60% Y-o-Y
Iran’s aluminium production capacity is expected to reach 775,000 tonnes in the current Iranian calendar year (ends on March 19 th ). The figure clearly states 60% more than the previous year. As per the reports of the country’s national development plan for the mining sector and based on the industry, Mining and Trade Ministry’s four-year development program, the country’s aluminium ingot production is expected to reach 629,000 tonnes by the end of the current Iranian calendar year. This is 244,000 tonnes more than the previous year’s total production. <iframe width="500" height="300" src="https://www.youtube.com/embed/mkEWyLez9x8" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> The aluminium production capacity of...
Slapping import tariffs on European Aluminium to travel restrictions to the US from Europe: EU hit out at Donald Trump’s unilateral decision
Donald Trump has slapped tariffs on aluminium imports from Europe and threatened broader trade action, notably against European carmakers. This was his outcome if the US cannot strike a fair deal. The European Union hits out at President Donald Trump’s unilateral decision to restrict travel from Europe to the United States due to the coronavirus epidemic. An official of the EU said: “the illness does not respect borders”. American President Donald Trump has called the disease a foreign virus and claimed that US clusters were seeded by European travellers. The President stated that all European travel would be cut off, but US officials later said restrictions would apply only to most foreign citizens who have been in Europe’s passport-free travel zone at any point for 14 days before their...
Vedanta’s Lanjigarh Alumina refinery expects upswing in production to 1.8 MT in 2019-20
On 12 th March’20, Vedanta Ltd made public that Lanjigarh Alumina refinery is expecting to upswing its production to 1.8 million tonnes in 2019-20. This is followed after significant development in operating efficiencies. The Lanjigarh refinery in Odisha stood with 1.5 million tonnes of production in the previous financial year. <iframe width="500" height="300" src="https://www.youtube.com/embed/bRWfjKBvAx4" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> The company said in a statement: "The Lanjigarh alumina refinery is set for a record performance in 2019-20 with total production expected to increase to 1.8 million tonnes from 1.5 million tonnes in the previous fiscal.” The enhancement in the operational...
Lightweight aluminium swing-arm equipped Hellcat likely to roll out in 2020: Confederate Motorcycles
Confederate Motorcycles LLC will execute its high end and high-powered big V-Twin motorcycles production in Birmingham, Alabama. The company after being revived by Ernest Lee capital, it has been communicated that the firm will be back on track and will continue to sell the remaining Confederate P-51 Combat Fighters and FA-13 Combat Bombers. The most fascination speculation of a new Hellcat model as per the officials of the Confederate is set to refurbish the Harley-Davidson FXDR as the basis for the new Hellcat bike. It has new chassis architecture with a 240-section rear tire and a lightweight aluminium swing-arm. This is the first time that Confederate has taken up this strategy to bring up a new model using an existing bike and all of their certification compliance. Hellcat would...
The Bauxite import of Portugal is trending up during 2018-20
The bauxite import of Portugal has been showing positive during 2018-20. The total bauxite import during 2018-19 was recorded at 8943 tonnes and the foreign exchange paid was $5.42 million. The projected bauxite import of Portugal remains strong in 2020 with a total volume of 5317 tonnes, while the forecasted revenue to be paid will be $3.70 million. Portugal’s total bauxite import during 2018-2020 is reflected at 14,260 tonnes and the revenue paid remained at $9.12 million. In 2018 the import accounted for 4268 tonnes, whereas the amount paid was $2.41 million. The bauxite import rose by 9.53% in 2019, as the total volume stood at 4675 tonnes. The revenue paid for bauxite imports was $3.01 million. In 2020 the bauxite import shows rise by 13.73% on Y-o-Y. The countries majorly exporting...
Coronavirus outbreak in Italy: Aluminium ingot and billets market players bracing for the worst, current week remains steady
Coronavirus epidemic has broadly affected Italy within the European nations. As on 10 th March’20, more than 10,000 cases and more than 600 death deaths have been registered. The country has initiated emergency measures which includes travel restrictions and the banning of public gatherings, in a bid to stem the growth of infections in the country. Italy stands as one of the largest aluminium markets in Europe. As of 2018, it consumed around 950,500 tonnes. Italy is considered as the home of the two major European hubs for aluminium distribution: the port of Genoa on the northwest coast; and Italy's easternmost port in the north, Trieste. The aluminium industry in Italy continues to operate, despite the restrictive measures. The Italian government had elucidated to the companies that...
2020 Lotus Elise sports car made of extruded aluminium chassis floats
Lotus, the British carmaker has braced its iconic, entry-level Elise model for 2020. The lightweight sports model is now available in two models, the Sport 220 and Hardcore Cup 250. The 2020 Elise is chassis is manufactured by extruded aluminium, reducing the weight scales at less than one tonne. The empty weight of the Sport 220 comes in at 924 kg, while the cup 250 is just marginally heavier with 931 kg weight. The price remains the same for the 2020 models. The Sport 220 model is kept $87,990 and Cup 250 is $107,990. The two variants make use of the same mid-mounted, 1.8-litre supercharged four-cylinder engine with dual variable valve timing. The output is rated at 162kW at 6800rpm and 250Nm at 4600rpm for the Sport 220. The additional tuning of the engine, the Cup 250’s output can...
The Netherlands Aluminium structures export shows strong market during 2017-20
The Netherlands is the ninth largest export economy of the world, exporting $435 billion of goods each year as recorded in 2019. The country shows a positive trade balance of $42.8 billion after deducting annual imports of $393 billion. The Netherlands has a 4.6% share of the annual $37.2 billion raw aluminium market and it is the sixth-largest exporter in the world. Germany is the largest export destination for the Netherlands' raw aluminium exports and they take 55% of the Dutch annual export total of $1.71 billion. The Netherlands is home to one of the primary aluminium smelting operations in the world, which is based in Delfzijl. The Netherlands aluminium structures export during 2017-19 stood at 121,755 tonnes and the foreign exchange earned during the same period was accounted to...
Investment opportunities in Ghana are extensive, primarily Bauxite and Aluminium Industry: GIPC
Yofi Grant, the CEO of the Ghana Investment Promotion Centre (GIPC) said: “the government’s flagship programme One District One Factory (1D1F) presents unlimited opportunities for both internal and external investors to thrive.” Yofi Grant’s communicated that the 1D1F drive incorporated with other business programmes being accomplished, which prosperous investment opportunities to be extensive in Ghana. The CEO was very much clear to his words, as he said: “I seriously believe that the Ghana opportunity is almost limitless at this moment. I mean we have bauxite and so we do have quite a significant amount of other mineral resources which we haven’t exploited yet, and so for me, that is not even the limit to it because we have the 1D1F which is a fantastic opportunity for investors both...
Azelio establishes recycled aluminium as an energy storage medium at Morocco's Noor solar complex
Azelio, the Swedish renewable energy firm has completed its renewable energy storage solution, with 24-hour clean power production, at the Noor Ouarzazate solar complex in Morocco. Azelio has designed a solution to adequately store renewable energy from solar and wind power and make it obtainable all hours of the day as electricity and heat. The storage medium system used recycled aluminium and restraining no rare minerals and suffers no reduced capacity over time. The system is expandable from 100 KW to 100 MW; therefore it fills a gap in the market that addresses global access to affordable and sustainable energy. The installation is a partial result of a joint technical and business development agreement between Azelio and Masen. The renewable energy storage solution was rolled-out...
The gradual downfall of Argentina’s Bauxite import: 8.73% dip projected for 2020
The Bauxite import of the South American country Argentina has slowed down during 2017-2019. The projection for 2020 also shows a dip of 8.73%. The total bauxite import of Argentina from 2017-19 stood at 408,789 tonnes and when projected for the year 2020, the Y-o-Y shows a dip. The total import from 2017-20 shows 523,676 tonnes and the total foreign revenue expended from 2017-19 accounted to $ 163.77 million and when the year 2020 is added it reaches $230.83 million. In 2017 the bauxite import showed some positive trend with total volume stood at 153,424 tonnes and the foreign revenue expended has been $47.58 tonnes. The bauxite import of Argentina in 2018 showed downfall by 23,947 tonnes, de-growth by 15.60% and the total volume stood at 129,477 tonnes, whereas the amount paid showed a...
Extension of Vietnamese Alumina supplies to the UAE until 2023: EGA signs a deal with Vinacomin
The largest industrial company in the United Arab Emirates outside oil and gas, Emirates Global Aluminium, has signed a fresh three-year contract with Vinacomin, a Vietnamese state-owned firm, extending the supply of Vietnamese alumina to the UAE until 2023. As per the new agreement, EGA will continue to buy up to 300,000 tonnes of alumina from Vinacomin each year. This deal is the extension of the agreement that EGA and Vinacomin signed in late 2017, which was due to expire at the end of this year. Alumina is amongst the significant components of UAE-Vietnam trade. The agreement follows a visit by a senior commercial delegation to Vietnam in October, led by His Excellency Sultan bin Saeed Al Mansouri, UAE Minister of Economy. Abdulnasser Bin Kalban, Chief Executive Officer of EGA, said:...
No assurances concerning Aluminium tariffs on Brazil: Donald Trump
The American president Donald Trump applauded the US relationship with Brazil in the reign of Jair Bolsonaro, President of Brazil. Though there were no assurances from President Trump concerning the aluminium tariffs on the South American country. <iframe width="500" height="300" src="https://www.youtube.com/embed/qsJ17qkUJfk" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> The President of the two nations meets for a dinner at Trump’s Mar-a-Lago resort in Florida. Ahead of the dinner, Trump was asked if he would continue to hold off placing new tariffs on Brazilian aluminium, he replied: “the United States had helped Brazil, but would not make any promises regarding tariffs”. The two biggest economies of the...
The US import of Aluminium semi-finished products reflected steady during June-Nov’19; marginal dip on Y-o-Y
The US import of Aluminium semi-finished products (plates, sheets, bars, etc.) from Vietnam reflected a steady market during June-Nov’19 with a total volume of 10,320 tonnes. In June’19 the total import of US from Vietnam was accounted for 1470 tonnes, whereas in July’19 it was accounted at 1700 tonnes, a rise of 15.64%. The US import of aluminium semi-finished products from Vietnam showed a marginal drop in August’19 and the volume stood at 1680 tonnes, while in September’19 the import volume again reflected a drop, though marginal, with total import accounted at 1630 tonnes. In October’19 the US import from Vietnam stood at 1730 tonnes, a growth by 6.13%. Again the growth trend remained positive in Nov’19, as the total import stood at 2110 tonnes, a rise of 21.96%. The US import of...
