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.
Global alumina demand will remain strong in 2023
Alumina supply from China, the Middle East and Brazil witnessed growth in 2022. China ranked as the largest alumina producer, while Australia was the world's second-largest alumina producer in 2022. The commissioning of new capacities in China and the supply from Brazil remained key sector drivers....
Nigeria’s Aluminium Extrusion Plc posts N2.64 billion turnover for 2022
On March 23, 2023, the leading manufacturing company in Nigeria producing and marketing extruded aluminium products, Aluminium Extrusion Plc, revealed its Audited Financial Statement for the year ended December 31, 2022. Aluminium Extrusion Industries Plc (NIGALEX) reported a 12-month turnover of...
Nalco, Bhabha Atomic Research Centre collaboration develops India’s 1st Bauxite CRM
The Indian state-owned integrated aluminium company, National Aluminium Company Limited (NALCO), has successfully developed a Bauxite Certified Reference Material (CRM) naming as BARC B1201 in collaboration with Bhabha Atomic Research Centre (BARC). BARC is a multi-disciplinary research centre with...
Hydro appoints Martine Rambøl Hagen as the Head of Investor Relations
Norsk Hydro, the leading industrial company committed to a sustainable future, appointed Martine Rambøl Hagen as the new Head of Investor Relations, effective May 1, 2023. She will be in charge of communicating with investors and the financial markets on behalf of Hydro. Rambøl Hagen previously...
Global bauxite production expected to grow by 2.6% in 2023
Global bauxite production is estimated to reach 393 million tonnes in 2023, a growth trajectory expected to continue in the following years, according to AlCircle's latest industry-focused report, ' Global Aluminium Industry Outlook 2023 '. As a result, there will be a 2.6 per cent increase over...
US seeks exemption from EU's CBAM to resolve the tariff dispute
As part of the United States administration's effort to exempt aluminium and steel exports from the carbon border levy (CBAM), a broader metal accord may be complicated by the allies imposing tariffs and retaliatory measures on each other's goods that could result in billions of dollars in tariffs...
Service cranes for Hydro's Sunndal aluminium smelter go to Axess Technologies
Axess Technologies, a wholly-owned subsidiary of Axess Group that provides engineering and material handling solutions to leading manufacturers, has won a contract to supply four service cranes to Hydro's Sunndal aluminium smelter in Norway. Axess Technologies is a leading supplier of lifting...
Hindalco Chairman receives the highest civilian honour of India, the Padma Award 2023
India's biggest aluminium manufacturing company and the world's most significant flat-rolled products player and recycler of aluminium, Hindalco Industries' Chairman Kumar Mangalam Birla, has been awarded the highest civilian honour of India, the Padma Award 2023 for his commendable contribution to...
Mining major Rio Tinto publishes a first-ever water usage report
The world leader in the mining of bauxite and iron ore, among many other minerals, Rio Tinto, observed World Water Day on March 22, 2023, by publicising information about annual surface water usage across its global network of managed sites in 35 countries, through an interactive map on its...
Hydropower shortage in Yunnan propels aluminium producers to scale down output
The Paris Agreement is a landmark in the multilateral climate change process because, for the first time, a binding agreement brings all nations together to combat climate change and adapt to its effects, as stated by UNFCCC. The main objective of the Paris Agreement is to enhance the international...
Qamco projects QR1.1 billion investments for 2023-27, plans to explore new markets
The globally recognized world-class provider of high-quality cast house products and foundry alloys, Qamco, has projected a QR1.1 billion capital expenditure for 2023-27. The company will aim at its strategic plans to strengthen its market position and explore new international markets, focusing on...
Alcoa reports close down of Intalco aluminium smelter, site undergoes redevelopment
The US-based aluminium giant Alcoa announced it would close down its Intalco aluminium smelter after five decades of operations. With the closure announcement, the company begins preparing the site for new economic development opportunities. Roy Harvey, the President and CEO of Alcoa, said, “The...
GARMCO announces its first creditor repayment
In accordance with the restructuring plan signed in November 2021 following the company's reorganisation in February 2019, Gulf Aluminium Rolling Mill "GARMCO", a portfolio company of Bahrain Mumtalakat Holding Company, announced its first repayment to creditors of USD 23 million. GARMCO reported...
First time Ronal Group produces wheels from 100% secondary aluminum for BMW
The world’s leading manufacturer and supplier of light alloy wheels for passenger cars and commercial vehicles, Ronal Group, has set itself the aim of a 50 per cent reduction in its manufacturing CO 2 emissions by 2030 and CO 2 -neutral production of all its wheels by 2050 as part of its PLANBLUE...
Indian Institute of Metals names Mr Satish Pai as the new incoming President
The Managing Director of Hindalco Industries, Mr Satish Pai, has been named the President of the Indian Institute of Metals (IIM). IIM is an adequate body for professional metallurgists in India. It was formed as early as 1945 and was possible through the efforts of a few metallurgists. Since then,...
Talum announces to layoff 120 workers
The Slovenian aluminium producer Talum's decision to close down the primary aluminium production at its smelter will affect 189 workers. However, the company has announced that it will offer 69 workers new job contracts within the group, while 120 employees will be laid off. The group employs a...
Stellantis invests another round in its Kokomo aluminium casting operation
An additional round of capital investment is on the way at Stellantis' aluminium casting plant in Kokomo, Indiana, as the automaker prepares to use those three sites to produce electric drive modules (EDMs) for battery-electric vehicles. The $155 million programme will fund aluminium casting,...
Bosai Mineral’s employee goes missing in Guyana, bauxite mining halts
Following the disappearance of an employee of Bosai Mineral, Linden, Region 10, residents protested at the company's office, calling for the complete halt of bauxite mining on March 12, 2023. Neptrid Hercules, a company operator for the last 40 years, went missing in the early hours of Saturday. He...
