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.
Metro Mining's Bauxite Hills expansion project to receive USD$30 million credit facility from Nebari
The Australian mining and exploration company Metro Mining Limited has revealed that it has entered into a facility agreement with US-based resource project financier Nebari Holdings' Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP for a Financing Facility...
Taxes applicable to the supply of aluminium foil type winding inverter duty transformers and components: AAAR
The Indian state of Gujarat's Appellate Authority for Advance Ruling (AAAR) has held that Goods and Service (GST) would apply to supply aluminium foil-type winding inverter duty transformers and components. Shilchar Technologies Limited, the appellant, manufactured power, distribution, electronics,...
Canada debars Russian aluminium and steel imports
On March 10, 2023, Canada prohibited the importation of all Russian aluminium and steel products in a move that the nation stated aimed to deny Russia's ability to fund the Russia-Ukraine geopolitical crisis. Chrystia Freeland, Finance Minister, stated that Canada would do everything to cut off or...
Source Global acquires Proud Source Water, a natural alkaline water brand available in recyclable aluminium bottles
Source Global, the innovative company that generates atmospheric drinking water, has acquired the spring water brand Proud Source Water. Proud Source, a certified B Corp, sells naturally alkaline water in recyclable aluminium bottles at retailers and food service locations across the United States....
ICF to manufacture Vande Bharat aluminium car body trains
The Integral Coach Factory (ICF) in Chennai designs and develops Indian Railway's first semi-high-speed train, Vande Bharat Express. It features world-class services and amenities and is sleek, modern, and fully air-conditioned. Vande Bharat Express is a special train representing the best Indian...
GITC declines to waive anti-dumping tariffs on Asadtek Group's Chinese aluminium components
The Ghana International Trade Commission (GITC) has denied a petition for a waiver of 35.77 per cent Anti-Dumping Duty (ADD) imposed on consignments of aluminium coils and circles imported from China by the Asadtek Group of Companies. The GITC stated, “The imported consignments were not brought...
Guinea Bauxite Company awards railway sleepers' contract to British Steel
Guinea Bauxite Company, the miner of the world’s largest bauxite reserves, signed a supply contract with British Steel for steel railway sleepers. British Steel has announced that it has won its largest-ever order for rail sleepers with a significant export deal for West Africa. In accordance with...
Egyptalum plans to invest $34.5 million in new projects next fiscal year
On March 7, 2023, according to our report from the MENA region, the state-owned Egyptian Aluminium Company (Egyptalum) is planning to invest nearly $34.5 million (1.05 billion Egyptian pounds) in projects in the next fiscal year starting on July 1, 2023. As per the data posted on Egypt's stock...
Alba ranked as the world’s largest aluminium smelter ex-China in 2022: Wood Mackenzie
The five-decade-old aluminium smelter, Aluminium Bahrain (Alba), functions excellently in operations, safety, environment, and socio-economic development and continues to be the world's largest aluminium smelter ex-China with a production of 1,600,111 tonnes in 2022, according to a recent rating...
Alumina refinery project proposals set for two-week deadline by Guinea
Colonel Mamadi Doumbouya, leader of Guinea's military junta, has offered the mining minister another two weeks to meet with bauxite miners and discuss alumina refinery construction plans, according to a report by Bloomberg. On March 4, 2023, the government of Guinea emailed that the mining...
Slovenia's Talum shuts down its primary aluminium production
The Slovenian aluminium company Talum will shut down its remaining aluminium electrolytic furnaces in April. Talum plans to shut down its remaining aluminium electrolytic furnaces in April after nearly 60 years of producing primary aluminium. The Kidričevo-based company has recently switched to...
Deripaska slams government interference with business
On March 2nd, 2023, the former President of En+ Group and the founder of the Russian aluminium giant, Oleg Deripaska, urged the Russian government to prevent it from interfering in business and rather develop a formulaic environment established on the rule of law to allure foreign investors back to...
Indonesia ready to face off with China at WTO over its ban on bauxite exports
The Joko Widodo lead Indonesian government affirms that bauxite export would be prohibited from June this year. It is prepared to cope with the repercussions, including handling World Trade Organization (WTO) concerns from other nations. Bara Krishna Hasibuan, the Indonesian Trade Ministry's...
LME bars Russian aluminium in the US warehouses
The London Metal Exchange (LME) has announced that it will suspend the issuance of warrants for aluminium metal of Russian origin from the exchange's warehouses in the United States immediately. The United States announced new tariffs on Russian aluminium on February 24 as the impetus for this...
Key highlights from the global aluminium value chain, February 2023
The global aluminium industry in February 2023 witnessed some important announcements. The Russia-Ukraine geopolitical crisis marked one year in February 2023, which resulted in the White House pushing the Russian economy with new sanctions. The United States imposed a 200 per cent tariff on...
FIMI Machinery delivers CTL 975 to Becker Aluminium-Service GmbH
The Italian company that stands out in the world metal industry, FIMI Machinery has announced the delivery of CTL 975 to Becker Aluminium-Service GmbH. Becker Aluminium is one of the leading German service centres, active in processing and supplying of aluminium flat products which equipped itself...
Fonnov Aluminium launches seamless aluminium tubes for hydrogen fuel vehicles
The high-quality aluminium extrusion company and leading professional extrusion manufacturer in China, Fonnov Aluminium, has introduced a new product to its fleet of customized aluminium extrusion products designed to increase the proficiency of hydrogen fuel vehicles. Since its debut in 2015,...
Evonik to invest in fumed alumina production in Japan for EV batteries
The second largest chemicals company in Germany, Evonik, and also one of the largest speciality chemicals companies in the world, is investing multi-million euros in expanding production facilities for fumed alumina at its Yokkaichi site in Japan. The material will be used as an ultrathin coating...
