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.
Taking a closer look at the recent developments in the Aluminium FRP segment
Worldwide aluminium FRP usage is estimated at 24.1 million tonnes in 2022 and is expected to grow at about 2.4 per cent to reach 24.7 million tonnes by 2023. AlCircle's latest industry-focused report, 'Global Aluminium Industry Outlook 2023 ', reveals that China accounted for about 33 per cent,...
Record-breaking excavations reported at Nalco bauxite mines
The Nalco-operated Panchpatmali bauxite mine achieved the highest-ever annual bauxite excavation rate since its inception. FY 22-23 has been reported with a figure of 75,50,670 tonnes, up from its previous benchmark of 74,14,100 tonnes in FY 18-19. Odisha's Bauxite mines are vital to NALCO's supply...
Japan prohibits Russia-bound exports of aluminium and steel
The world's leading industrial economy, Japan, has announced a ban on aluminium, steel, components for aviation, the space industry and drone exports to Russia in its latest sanctions on the Ukraine-Russia geopolitical crisis. Also, Japan forbade its business community from exporting different...
Alumar initiates repair work on Ship-to-Shore conveyance system
On March 31, 2023, Alcoa Corporation announced that its engineering crews are repairing Alumar's two-belt system that conveys raw materials from the pier. On March 25, 2023, the conveyance system—which transports bauxite, coal, coke, and pitch—broke down, blocking the offloading of supplies. The...
Winning Logistics expands its bauxite handling fleet by adding two more Konecranes barge cranes in Guinea
Winning Logistics in Guinea awarded Konecranes an order for two Konecranes Gottwald Cranes on Barge in the first quarter of 2023. Winning will use ten Konecranes Gottwald Cranes on Barge to load ships with bauxite off the coast of West Africa after on-site commissioning in Q3 2024. Konecranes is a...
Gränges partners with China's Shandong Innovation Group to produce sustainable aluminium
As part of a joint venture, Gränges and Shandong Innovation Metal (group) Technology are on the go for constructing a recycling and casting facility in Yunnan , a hydropower-rich area in China. However, it has also been confirmed that the joint venture has secured access to low-carbon primary...
Glencore deposits 100,000 tonnes of Russian aluminium at the LME warehouse in South Korea
Glencore, the Swiss multinational commodity trading house, has unloaded more than 100,000 tonnes of aluminium at the LME-registered warehouses in the South Korean port of Gwangyang, as reported by one of the world's largest news agencies. Several buyers and consumers in the transport, packaging and...
Egyptian Railway's fourth high-speed lightweight aluminium Talgo train begins service
On March 29, 2023, the Egyptian Railway Authority (ERA) announced that the fourth high-speed Talgo train had begun daily commercial service on the Cairo-Aswan line. The Egyptian Ministry of Transport and the Spanish railway tycoons agreed on a contract of EUR 157 million in 2019, which also called...
Australia adopts emissions caps for big polluters including aluminium, driving sustainable development
On March 30, 2023, the Australian parliament passed the progressive climate laws eyeing the countries' worst polluters, impelling aluminium smelters and alumina refineries, coal mines, and oil refineries, among others, to restrain emissions by about five per cent annually. The legislation,...
Bauxite train catastrophes continue in Guinea
On March 29, 2023, a train accident occurred in the district of Tinguilinta in the sub-prefecture of Tanéné in Boké. According to our information, a CBG train loaded with Bauxite in the province from Sangaredi struck a machine in which a young employee of a security company was present. It has been...
State Property Fund of Ukraine draws up to sell the Mykolaiv alumina refinery
The State Property Fund of Ukraine (SPF) plans to take control of the assets of Russian businesses, as stated by Rustem Umerov, the head of SPF. Umerov said, "Legally, the Mykolaiv alumina refinery has yet to reach the management of the State Property Fund. We plan to put it up for auction quickly...
US, European economic slowdown cools the demand for aluminium
The surge in global aluminium output coincided with growing concerns that an economic slowdown would reduce demand for the metal. Europe's industrial economy suffered greatly due to the geopolitical-induced energy crisis. Fears of a recession were raised in the US due to inflation and rising...
US tariffs on Russian aluminium unlikely to impact the metal price
The possibility that the United States and its allies would impose economic penalties against Russia's aluminium in response to the ongoing geopolitical issue with Ukraine was one of the biggest unpredictability in the global aluminium sector while driving into 2023. The Russian aluminium industry...
Energy crisis expected in Yunnan throughout 2023, aluminium production may be affected
China, the world's largest aluminium producer, is again in a precarious position. In this instance, the primary cause is a problem with the nation's power supply in the southwest. Due to a severe water constraint, the Yunnan province , the centre of southern China's aluminium manufacturing...
India Govt. likely to sell Balco stake in the next financial year
The government of India is likely drawing up to sell its remaining stake in Bharat Aluminium Company Ltd (Balco) in the next financial year, as per reported by a media house. The Chhattisgarh-Korba-based Balco has been privatized now for more than two decades. It has also been stated the Union...
Banking industry crisis impacting metal trade: Bureau of International Recycling
According to the Bureau of International Recycling (BIR), the most recent banking crisis is weakening market confidence, with UK non-ferrous traders reporting reduced tonnage. The Bureau of International Recycling (BIR) is the only global recycling industry federation representing more than 30,000...
Marubeni reports Japan's aluminium stocks declined by 2.6% in February
On March 27, 2023, Marubeni Corp. reported that aluminium stocks at three major Japanese ports, Yokohama, Nagoya and Osaka, dipped by 2.6 per cent to 382,400 tonnes at the end of February 2023 from 392,500 tonnes from January 2023. Japan's largest trading company, Marubeni Corp., has been...
Iconic John Deere produces two millionth tractor, aluminium components crucial to its success
The Mannheim John Deere plant is celebrating the production of its two millionth tractor, a 6R 250. On March 22, 2022, the tractor was unveiled at the Mannheim plant and displayed alongside the one-millionth tractor, a JD 6400, in the factory museum. One million John Deere took 70 years to produce...
