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.
Befesa reports organizational changes to capture double-digit sustainable global growth opportunities
On 12 th July 2022, the Board of Directors of Befesa S.A. appointed Javier Molina, the present Chief Executive, as the Executive Chairperson of Befesa, while the working Vice President of the Steel Dust Recycling Business, Asier Zarraonandia is promoted as the CEO of Befesa. The current Chairman of...
Jamaica Parliament approves budgetary support of J$268 million for JBI
The Lower House of the Jamaica Parliament, also known as the House of Representatives has sanctioned the amount of J$268.48 million to be withdrawn from the Capital Development Fund (CDF), to contribute budgetary support to the Jamaica Bauxite Institute (JBI) for FY 2022-23. On 5 th July 2022, Dr...
Balco's energy conservation initiatives saved 22000 GJ in FY22, increasing its decarbonization efforts
India's iconic aluminium manufacturer, Bharat Aluminium Company Limited (BALCO), a subsidiary of Vedanta Aluminium, conserved more than 22,000 gigajoules (GJ) of energy in FY22. As part of the company's commitment to reduce carbon emissions by 2050 or earlier, Balco is gaining ground toward...
ADC revokes anti-dumping duties on aluminium profiles imported from Vietnam and Malaysia
According to the Department of Industry and Trade, the Australia Anti-Dumping Commission (ADC) completed its final review of the anti-dumping tax period for aluminium profiles from Vietnam and Malaysia. The Australian Anti-Dumping Commission (ADC) has decided not to continue charging antidumping...
Epsilon Carbon to develop a molten pitch storage facility at Mangalore port aims to supply aluminium smelters
Epsilon Carbon, India's foremost manufacturer of coal tar derivatives, as well as the nation's only backwards-integrated manufacturer of raw material, has agreed to collaborate with edible oil refiner Sri Anagha Refineries to construct molten pitch storage tanks at the refiner's premises in...
Vedanta Aluminium inks MoU with TÜV SÜD to achieve water-positive sustainability goals
India's largest aluminium producer, Vedanta Aluminium has partnered with TÜV SÜD, a global leader in safety, security, and sustainability solutions, to become net water positive. As a part of this partnership, Vedanta Aluminium and TÜV will create a roadmap for the company's water positivity goal...
Canyon Resources Managing Director Phillip Gallagher steps down
Philipp Gallagher, the founder and Managing Director of Canyon Resources, has stepped down after 12 years of service. In accordance with previously announced plans, Phillip will remain on the board as a Non-Executive Director. However, with a mutual decision, he will step aside from the board...
Aloft Holdings may acquire Alcoa’s Portland Aluminium smelter in Australia
The Alcoa-owned Portland Aluminium smelter, Australia's second-largest aluminium producer, is in talks with Aloft Holdings, a Dutch company run by an Australian investment banker. According to our report, people familiar with the situation stated, that Aloft Holdings which was floated in November...
Runaya wins ‘Golden Peacock Innovative Product/Service Award 2022’ in the category of mining & metallurgy
Runaya Group has been felicitated as the Winner of the ‘Golden Peacock Innovative Product/Service Award’ for the year 2022, adding another acclamation to its cap for innovative technology of Briquettes made from Aluminium Dross, at the Runaya Refining LLP. Hon'ble Justice M. N. Venkatachaliah,...
Hillside Aluminium partners with Solana Energy to develop regional solar infrastructure
Fully owned and operated by South32, South Africa-based Hillside Aluminium has collaborated with Solana Energy to provide entry of renewable energy to one of the country’s most crucial commercial hubs. With its launch in June 2022, this multi-phased project will enable renewable solar power...
Falling aluminium and copper prices may lead KEI Industries to reduce its price
The Chairman of KEI Industries, Anil Gupta stated that the company has already implemented some price cuts in Q1FY23, and with copper and aluminium prices down 20%-30% Q-o-Q, it may further cut prices in the near future. KEI Industries, the market leader in the manufacturing of wires and cables in...
WTO withholds decree on US’ aluminium and steel tariff dispute with six nations
The World Trade Organization (WTO) has impeded its dispute panel’s decree on the United States tariff with six nations including Russia, India and China against higher duties on some aluminium and steel products to the second half of 2022 adducing “complexity of the issue”. A Geneva-based official...
Gas crisis: German aluminium industry prepares for the worst, draws up contingency plans
The aluminium industry is a highly energy-intensive sector and the German aluminium industry is getting ready for the extreme situation in the aspect of the uncertainty in the gas supply. On 1 st July 2022, the President of Aluminium Deutschland e. V. (Aluminium Association of Germany), Hinrich...
India’s largest aluminium producer Vedanta reports 3% production leap in Apr-Jun quarter
On 4 th July 2022, the largest aluminium producer of India, Vedanta reported a 3 per cent upswing in its aluminium production to 565,000 tonnes in the April-June quarter of FY22-23. Anil Agarwal-led Vedanta Ltd runs its aluminium operations in the states of Odisha and Chhattisgarh and had produced...
Diversified metal producer South32 reshaping its portfolio to focus on a low-carbon future
The Chief Development Officer of South32, Simon Collins stated at the virtual session of this year’s Prospectors & Developers Association of Canada, that the company encountered a significant change in the past year and has evolved considerably since its formation in 2015, reshaping the company's...
Italian aluminium structures export during 2019-21 illustrates uneven moment; 10% growth estimated for 2022
As a structural metal, aluminium is used for its toughness, high strength, lightweight, and corrosion resistance. Due to its high strength-to-weight ratio, aluminium is almost as strong as steel at a fraction of the weight. Thus, aluminium alloys are commonly used in skyscrapers and high-rise...
Alcoa idles one of the three potlines at Warrick aluminium smelter in Indiana
On 1 st July 2022, the Pittsburgh-headquartered American Industrial Corporation due to operational challenges at Warrick aluminium smelter, Alcoa announced it is curtailing one of three potlines immediately. There are three smelting lines at Warrick, each capable of producing approximately 54,000...
Ghana's bauxite industry foresees $10 billion Chinese investment
The senior presidential advisor to the Akufo-Addo Administration, Senior Minister Yaw Osafo Maafo stated that Ghana can generate 100,000 jobs from a $10 billion loan agreement with China. In 2017, the Chinese government committed a sum of $15 billion to support developmental projects in Ghana. The...
