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.
CBAM implication may cause ripple effect in the aluminium trade
A preliminary agreement between the European Parliament and Council on a Carbon Border Adjustment Mechanism (CBAM) to combat carbon leakage would have implications for the aluminium trade. The provisional agreement of a transitional phase might be in place by October, but it still needs to be...
Aluminum-intensive vehicles should be part of LMDV fleets: Alumobility
A recent study reveals that aluminium-intensive Last-Mile Delivery Vehicles (LMDVs) offer considerable benefits for lightweight and cost-savings in addition to lowering carbon footprint, according to Alumobility, a global association dedicated to advancing the adoption of aluminium by automakers....
Aluminium usage in cars spikes as electrification takes off in the automotive sector
According to a recent study commissioned by European Aluminium, the voice of the aluminium industry in Europe and completed by Ducker Carlisle, a global consulting and M&A advisory company with an unrivalled continuum of insights, benchmarking, and strategy solutions has found that the average...
Nexans launches France's first low-carbon power grid cable
The Paris headquartered global cable and optical fibre company Nexans is introducing the French market's first low-carbon distribution grid cables. The Group has reduced the greenhouse gas emissions of its low- and medium-voltage cables by 35 per cent to 50 per cent, depending on the product, by...
Key highlights from the global aluminium value chain, April 2023
Global non-ferrous metal prices, including aluminium, witnessed a downfall in April 2023. Despite the fall of aluminium inventories in LME warehouses and also China, prices still remained on the downtrend. The resumption of the Chinese economy during the latter part of the year 2022 anticipated...
Iconic Italian auto brand Alfa Romeo launched its PHEV version
The century-old iconic Italian luxury and high-performance car manufacturer Alfa Romeo is on the path of rapid transformation, with bold plans for the classic Italian brand – which observed its 113th anniversary in 2023, to be entirely electric by 2027, following the road to a zero-carbon future....
Non-ferrous metal prices entered the negative territory in Week 17
In the 17 th week of 2023, non-ferrous metals prices on the London Metal Exchange (LME) stayed negative. However, despite modest transactions, the market started to decline. All major non-ferrous metal stocks at LME-registered warehouses decreased by up to 2.9 per cent week over week. But copper...
Moving towards net zero, automakers emphasize sustainability: Technology Professional
A senior executive from one of the American multinational auto majors stated that the conflict would be more about talent than technology. He quoted the lines while discussing using engineering skills in a disruptive period with rising industry player competition. In a recent interview, one of the...
Azizi Developments ropes formwork specialist Peri for the Beachfront project
The leading and award-winning developer based in Dubai, UAE, Azizi Developments has partnered with Peri, the German manufacturer and supplier of formwork and scaffolding systems, for its Beachfront 1 project, which is regarded as a crucial component of its upscale waterfront Riviera project....
Honda to launch dedicated EV platform by 2025, good news for the aluminium sector
The Japanese multinational automobile conglomerate Honda has officially announced that they are developing a specialized electric vehicle platform. The future EV platform is planned to give birth to a mid to large-size model, with a global delivery date of 2025. During a recent presentation on the...
Rio Tinto acquires Platina Scandium Project in Australia
The global mining and metal giant Rio Tinto has entered into a binding agreement to acquire the Platina Scandium Project, a high-grade scandium resource in New South Wales, from Platina Resources Limited for $14 million. The project, located in central New South Wales close to Condobolin, includes...
Negative trends continue in non-ferrous metal prices
The London Metal Exchange (LME) for non-ferrous metal prices kept falling, as recorded on April 25, 2023. The three-month contract for aluminium futures fell 1.9 per cent to $2,335/t. To $2,600/t, zinc prices decreased by 2.6 per cent. Lead prices dropped 1.7 per cent to $2,106/t. The price of...
Constellium to supply closed-loop recycling for Megane E-TECH Electric, a move toward sustainable automotive aluminium solutions
On April 27, 2023, Constellium SE, the global leader in developing and manufacturing high-value-added aluminium products and solutions and aluminium recycling, announced its agreement with Renault Group to establish a closed-loop recycling process for the all-new Megane E-TECH Electric. Lightweight...
Chinese automaker Geely's EV brand Zeekr turn to join the Gigapress club
The Chinese multinational automotive company Geely's EV brand Zeekr is the latest to use Tesla's "Gigapress" die-casting method to reduce the cost of electric cars. Jiang Kehong, the Chief of Zeekr's manufacturing technology, said, "Chinese carmaker had started using massive aluminium die casts to...
China's aluminium production rose by 3% y-o-y in March despite production cuts in Yunnan
The aluminium production in China for the rest of the months of 2023 might need to be clarified. Although, when compared to the same month last year, China's primary aluminium output escalated by 3 per cent in March. The growth was more sedated than in earlier months. However, this did provide some...
Aluminium grain refiner MQP crowned best importer-exporter at the 2023 BizX Awards
Following a year of phenomenal development, MQP, the specialist in high-efficiency grain refiners, which lower costs and eradicate flaws like razor streaks in aluminium alloys, has won a worldwide business award. At the 2023 BizX Awards at London's ExCel, TV sports commentator Gabby Logan gave the...
Recycleye and MSS partner up to revolutionize waste sorting
Recycleye, a pioneering British technology business, and MSS Inc., a prominent US optical sorting equipment manufacturer, have established a North American strategic alliance to combine their capabilities and offer innovative technologies to the waste sorting and recycling sectors. The dependable...
Going green, BMW to use 50% recycled materials for future cars
The German multinational manufacturer of luxury vehicles, BMW Group, has announced a new initiative called "Car2Car", which eyes to increase the number of recycled materials utilized in new models to 50 per cent. According to reports, the German automaker is working to escalate the quality of...
