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.
Emirates Global Aluminium IPO may take place in 2023: Mubadala
According to Mubadala Investment Company PJSC, the biggest shareholders of Emirates Global Aluminium (EGA), stated that the Middle East’s largest aluminium producer, may sell shares to the public as soon as the third quarter of 2023. On the sidelines of the World Economic Forum’s annual meeting in...
Aluminium may revolutionize the market for electric vehicles: CEO, Vedanta Aluminium
On January 19, 2023, the CEO of Vedanta Aluminium, Rahul Sharma, said that the weight of a car is reduced by one kilogramme for every kilogramme of aluminium utilised in the vehicle. He continued that this correlates to an improvement in the driving range, meaning that 100 kg saved on any electric...
Vimetco subsidiary SMHL suspends bauxite mining operations in Sierra Leone
On January 10, 2023, Sierra Mineral Holdings 1 Limited, a subsidiary of Vimetco N.V., issued a memo stating that it would temporarily suspend all operations in Sierra Leone. The memo states that the suspension is due to the lack of bauxite sales on the global market, which has had a detrimental...
Automakers can use new casting technology to reduce costs
The car manufacturing process could be completed with much more reduced cost, eco-friendly, and rapid with new aluminium component production state-of-art technology. Typically, aluminium is essential to reducing a car's weight, which also aids in lowering fuel consumption. The modern vehicle...
Australian bauxite miners may gain from Indonesia's export prohibition
In the last days of 2022, the President of Indonesia finally announced that from July 2023, the largest country in Southeast Asia would prohibit exporting bauxite as it intensifies its protectionist policy to foster sophisticated domestic manufacturing. On January 18, 2023, Bahlil Lahadalia, the...
Otium Capital invests €8 million in green industrial tech company IB2 to accelerate its development
The green industrial tech company IB2 founded by Yves Occello, has developed a green and innovative technology allowing alumina refineries to process and valuate low-grade bauxite ores. Many alumina refineries have so far chosen to import bauxite rather than utilize close-by local resources because...
Metal Exchange Corporation promotes Mark Butterfield to President of Manufacturing
The family-owned private company dealing with non-ferrous metals with global headquarters in St. Louis, Missouri, Metal Exchange Corporation, has announced that Mark Butterfield has been promoted to President of Manufacturing. In his new role, Mark Butterfield will be responsible for the overall...
Import duties on Indian aluminium and steel to pursue until excess capacity is addressed: US official
According to a senior US government official, the US government under Joe Biden will not lift the higher import taxes levied by the Trump administration on aluminium and steel products made in India until the "fundamental issue" of excess capacity and the actions that contributed to the issue are...
Bauxite and gold boom boost Guinea's exports by 30%
According to the data from the National Institute of Statistics (INS), based in Conakry, it has revealed that Guinea's export at the end of October 2022 recorded a rise of 29.5 per cent compared to September 2022. The INS highlighted in its note on the evolution of foreign trade that the country's...
Aluminium Recycling Coalition launched at EGA, aims to promote aluminium recycling in UAE
On January 15, 2023, Emirates Global Aluminium, one of the leading producers of aluminium and the leading beverage producers, can-makers and waste management companies, announced the launch of the Aluminium Recycling Coalition, intending to drive a step-change in aluminium recycling in the UAE. The...
Sony Walkman makes a comeback with aluminium casing
Almost everyone who grew up in the 1990s heard about or owned a Walkman. Sony recently launched the NW-A306, a new Android-powered portable music player. Sony's latest Walkman is made of aluminium and has a 3.6-inch touchscreen, 32GB of internal storage, and physical buttons that control the user...
World Economic Forum proposes long-term goals for addressing the energy crisis
On January 12, 2023, a new World Economic Forum report stated that inflation and sluggish economic growth result from the current energy crisis. However, taking short-term risks like broad-based consumer subsidies and increasing the power produced from coal is dangerous. The paper, ‘Securing the...
Epsilon Carbon lays the foundation stone for its second phase expansion project
India's only backwards integrated Carbon company with a fully dedicated source of raw materials, Epsilon Carbon, is set to begin its second phase of expansion. The team got together to perform the laying of the foundation stone ceremony. It's a significant progress milestone for the company as it...
Romanian PVC joinery firm Casa Noastra eyes the UK market with its introductory aluminium products
The leading manufacturer in Romania for PVC joinery under the QFort brand Casa Noastra is building a new factory to include aluminium products in its offering. It has also publicised that in 2023 it would open a showroom in London, UK. Ştefan Cherciu, the company owner, stated, "The demand is very...
Aluminium Dunkerque to reactivate its idled capacity
On January 11, 2023, one of the largest aluminium smelters in Europe, Aluminium Dunkerque's spokesperson, said that the primary aluminium producer had begun resuming production capacity that had been idled when it was stung by skyrocketing electricity prices last year. The spokesperson added that...
Alba awards contract to Advanced United Systems for installation of ‘Solar Photovoltaic Panels’ over 37,000 m2
Aluminium Bahrain B.S.C. (Alba), one of the world's largest aluminium smelters, announced that it had awarded its Solar Farm Project to Advanced United Systems (AUS) for the installation of Solar Photovoltaic (P.V.) Panels covering 37,000 m2 with a capacity of more than 6 Megawatts (M.W.). The...
INR 700 crores to be raised through NCDs by Hindalco Industries
The world's largest aluminium flat-rolled products maker and aluminium recycler, Hindalco Industries' board has approved fundraising of up to INR 700 crore by issuing non-convertible debentures (NCDs) on a private placement basis. Hindalco Industries stated while filing in the exchange, "The...
“Ball offers AI-based solutions to customers, like QR codes which can facilitate various interactions between brands and their customers and which we can print on cans”, Amit Lahoti, Senior Commercial Director & General Manager – Asia, Ball Beverage Packaging.
AlCircle: “Ball is bringing innovations in sustainable packaging that will help people live more sustainably and improve the health of the planet,” - following the information on your website, may we please ask what are initiatives taken by ball under its sustainability mission? Amit Lahoti: Ball...
