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.
Australia's Metro Mining extends strategic partnership with Xiangsen Aluminium for bauxite supply until 2026
The Australian mining and exploration company Metro Mining Limited has extended the Strategic Cooperation Agreement with China's Xiamen Xiangsen Aluminium Limited (Xiangsen) for 1.5 million DMT per annum for 2 years until 2026. In addition, binding terms for the 2023 offtake component have been...
Russian aluminium producer Rusal discloses its updated corporate environmental policy
The Russian aluminium giant and the sole primary aluminium producer in Russia, RUSAL, revealed its updated corporate Environmental Policy. The Environmental policy sets the company goal as “Creating a fundamentally new approach to production to meet the principles of the green economy” and for this...
Indian Railways flagged off the first indigenously manufactured aluminium freight rake in quest for a green network
The statutory body under the ownership of the Ministry of Railways, Government of India, managing the fourth largest national railway system in the world, Indian Railways attains another milepost by securing its first indigenously manufactured aluminium goods train rake. Aluminium goods trains...
Asian aluminium extrusion giant China Zhongwang Holdings declared bankrupt
The second-largest industrial aluminium extrusion product developer and manufacturer in the world and the largest in Asia, China Zhongwang Holdings Limited prospered in the 2000s along China’s resonating property sector, which created robust demand for its products in construction. In the wake of...
Vedanta Board approves Balco expansion project worth $1 billion
The Indian multinational mining and metal giant Vedanta’s Board has approved the growth expansion project of its subsidiary Bharat Aluminium Company (Balco) at its meeting held on October 28, 2022. A revised cost of $ 72 million (INR 595 crore) has been assessed for expanding Balco's rolled product...
Dudley’s Aluminium secures major industrial site project of installing Metal Technology System in Ebbw Vale
The Cardiff-Welsh-based fabricator, Dudley’s Aluminium, had secured a significant project in Ebbw Vale, allying again with Jones Brothers (Henllan) Ltd. However, previously, the fabricator has worked with the town's leading construction, housing, and civil engineering company to create the TVR...
South32 expects to double its low-carbon aluminium production: Graham Kerr
The diversified miner and metal producer, South32, has maintained its outlook for a few commodities over the longer term, despite the decrease in base metal prices. Following the company's annual general meeting (AGM), Graham Kerr, the CEO, said, "In the company's longer-term, commodities such as...
Carbon-free aluminium to green projects, Apple Inc. on its way to net-zero
In March, Apple Inc. announced its first trial application of carbon-free aluminium smelting for the aluminium used in the iPhone SE 2022 and presently, low-carbon aluminium is applied in the production of the 16-inch MacBook Pro. Apple elucidates that increasing the device's energy efficiency can...
Workers at Rio Tinto Gove operations will take industrial action over stalled wages
In protest over stalled pay negotiations, Rio Tinto workers at the Gove bauxite mining operation have planned to take industrial action. According to the union, workers have not been paid a raise in three years as the company has put off talks on a new enterprise agreement. Lloyd Pumpa, the United...
Netherlands pulls back some sanctions imposed on Russia, including those on aluminium
As a result of a geopolitical crisis between Ukraine and Russia, Russia has been subjected to numerous EU restrictions since February 2022. Our source from Europe unveiled that during the nine months of the crisis, the government in the Hague issued 91 decisions exempting individual entities from...
Sanctions against Russian aluminium company may lead to revenue losses for Jamaica
In the current fiscal year, the Jamaican Government estimates the value of mining and processing earnings from bauxite and alumina to be $507 million (JMD$77 billion), seven per cent more than the fiscal year 2020-2021. Jamalco is expected to reopen its operations in August 2022. The US and...
Dry bulk commodity trading house International Materials appoints Michael R. Kirby as Chief Financial Officer
On October 25, 2022, International Materials LLC (IMI), the dry commodity trading company sourcing and shipping raw materials globally, like bauxite, among others, announced the appointment of Michael R. Kirby as Chief Financial Officer, w.e.f. October 31, 2022. Kirby will succeed Dan O’Bryon, who...
Hydro chief executive urges for sanctions on Russian aluminium in EU, US
On October 24, 2022, Hilde Merete Aasheim, the President and CEO of the Norwegian aluminium producer Norsk Hydro called on the United States and the European Union to halt importing Russian aluminium onto their territories. According to the Hydro chief, around half of Europe's primary aluminium...
Covid resurgence impacts on secondary aluminium shipments of Henan province
The resurgence of the Covid pandemic across China has significantly impacted secondary aluminium-producing companies in the Henan province. According to an SMM survey, the pandemic generally affected the production and shipment of secondary aluminium facilities in the local area. A company in...
Indonesian exports could surpass $300 billion by 2024, driven by bauxite and other commodity-based shipments
On October 24, 2022, Luhut Pandjaitan, the Coordinating Minister of Maritime and Investment Affairs Indonesia, stated that the island nation's export is anticipated to cross $300 billion by 2024 as the government is getting ready to ban bauxite exports, among other commodities, to encourage...
Sanctions on Russian aluminium may drive several companies out of business: European industry associations
On October 24, 2022, five European industry associations stated that they had urged European authorities to stave off sanctions, tariffs or boycotts against Russian aluminium. Otherwise, it might create a situation where thousands of companies would go out of business, and develop unemployment. The...
Covid impact, unlawful activities at logistics delivery drags down South32's aluminium sales
The global resources company, SOUTH32, stated that sales of aluminium and manganese from its South African operations shrank in the first quarter of its 2023 financial year due to port congestion and reduced third-party rail availability. In comparison with the previous quarter, aluminium sales...
Canyon Resources secures 'Certificate of Environmental Compliance' for its Minim-Martap bauxite project
The African-focused mineral exploration company Canyon Resources has been granted a 'Certificate of Environmental Compliance' (CEC) for its world-class Minim-Martap Bauxite Project by the Ministry of Environment. A detailed Environmental Social Impact Assessment (ESIA) was conducted by Canyon...
