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.
Atlas Renewable Energy, Hydro Rein collaborates to build 438-MW solar park to power Albras aluminium smelter
On 2 nd May 2022, the largest producer of primary aluminium in Brazil, Albras Alumínio Brasileiro S.A. (ALBRAS), which has been catering for the domestic and external markets with high purity ingots since 1985 will be procuring power from a new 438-MW solar power plant to supply its smelter in the...
Gränges first to invest in battery foil manufacturing in the US
The aluminium technology company Gränges which has been driving the development of lighter, smarter, and more sustainable aluminium products and solutions are reported expanding its Newport, Arkansas, production facility to enable the production of battery cathode foil. In the transition to...
Additional stake in MRN bauxite mine acquired by South32
The Perth, Western Australia headquartered mining and metal company, South32 Limited has unveiled the accomplishment of acquisition of an additional 18.2% stake in the Mineração Rio do Norte (MRN) bauxite mine in the northern part of Brazil from Alcoa Corporation (Alcoa). However, the acquisition...
Bauxite transportation by Rocksure International in Ghana to avoid roads
In the West African nation Ghana, Rocksure International Limited, a contract mining company has over the years developed a substantial capacity and flexibility for executing measures to encounter the challenges of planning, equipping and staffing several mining sites. The Accra headquartered...
Hazardous waste recycler Befesa delivers strongest quarterly results in its 35-year history
As a leading provider of hazardous waste recycling services to the aluminium and steel industries, Luxembourg-based Befesa S.A., recently reported the strongest quarterly results in its 35-year history, with an EBITDA of 61.1 million euros ($64.4 million). Befesa said, “In addition, it was 25 %...
Locally sourced ores can reduce Vedanta's cost of aluminium production by up to $300 per tonne: CEO
Mining major Vedanta is taking multiple steps this year to upgrade its margins, from increasing its portfolio of value-added products to sourcing raw materials from captive mines. During its recently completed fiscal year, the company had an EBITDA margin of almost 35%. The Indian multinational...
Middle East's mining giant Ma’aden posts record Q1 profit of $772 million, with aluminium business contributing 24%
One of the fastest-growing mining companies in the world, the Saudi Arabian Mining Company (Ma’aden) has booked a net profit of SR2.9 billion ($772.2 million) for Q1 2022, reflecting a growth of 246% in comparison to the same phase previous, a benchmark of its own created. An announcement of its...
Alba achieves the highest ever ‘Safety Performance’
Aluminium Bahrain B.S.C. (Alba), the world’s single-site largest aluminium smelter outside China embellished new records in safety on 30 April 2022 as it excelled 25 million safe working hours without Lost Time Injury (LTI) for the first time in the history of its commercial operations. However,...
Hydro announces bid for all the shares of Polish recycling firm Alumetal SA
On 29 th April 2022, the Norwegian aluminium company with its headquarters in Oslo, Norsk Hydro has announced a tender offer for the acquisition of 100% of the shares of Alumetal S.A, a company listed on the Warsaw Stock Exchange for 68.4 PLN per share in cash (the “offer price”), representing an...
Imports of aluminium foil by Austria during 2019-22 represent consistent growth
A total of 75% of aluminium foil is used to package foods, cosmetics, and chemical products, while 25% is used for industrial applications like thermal insulation, electrical cable, and electronics. Aluminium foil is easily recycled and it succeeded tin foil in the mid-20th century. Aluminium foil...
The Australian Government awards a $7.5m modern manufacturing grant to ABx subsidiary Alcore
The 83% stakeholder of Alcore Limited, ABx Group Limited made public that its subsidiary has been granted $7.5 million from the Australian Government’s ‘Modern Manufacturing Initiative’ to support its proposed $16.4 million aluminium smelter bath recycling plant in Bell Bay, Tasmania. The proposed...
The European Aluminium Association and energy experts call for a bold EU energy agenda
The European Aluminium discussed with industry experts and policymakers the future of Europe’s energy infrastructure following the ongoing energy crisis during its annual Spring Meetings 2022, where both the industry and energy sector stressed the need to facilitate affordable and low-carbon energy...
Hungarian aluminium structures exports are buoyed by a robust light metal market from 2019 through 2021 but show a slight decline of 1.6% in 2022
The metal aluminium is now extensively used in building and construction due to its inherent property of lightness and corrosion resistance. It is applied in the form of external facades, roofs and walls, windows and doors, staircases, railings, shelves and other several applications. Aluminium is...
Nalco's alumina export policy impacts domestic aluminium producers: IIVCC
According to the Indian Industrial Value Chain Council (IIVCC), the group representing the organizations involved in the industrial production and consumption supply chain activities across India stated that the state-owned integrated aluminium company Nalco, whose surfeit quantity of alumina...
Alba turns out to be the first Bahraini organization to refinance its syndicated loan facility with sustainability linked terms
The initial aluminium smelter in the Middle East region, which commenced its journey with a production of 120,000 tonnes per annum in 1971, Aluminium Bahrain B.S.C. (Alba), at present, is the world’s largest single-site aluminium smelter ex-China has evolved as the first Bahraini Company to have...
Alba CEO Ali Al Baqali rolls out the company’s ESG Roadmap
The Chief Executive Officer of Aluminium Bahrain B.S.C. (Alba), Ali Al Baqali rolled out the company’s approved Environment, Social and Governance (ESG) Roadmap by the Board of Directors, to underline the company’s strong commitment to Bahrain’s, an island country in Western Asia towards the...
Greece's import of aluminium powder and flakes during 2019-22 exhibits a volatile trend with low demand
The Bank of Greece, which is the central bank of the country, in its annual report stated a slash in prediction for economic growth to 3.8% in 2022 from 4.8% earlier and elevated its forecast for the inflation rate to 5.2% under the base scenario, in its annual report. As a nation, in 2020, Greece...
India’s Reliance Industries signs agreement with TA’ZIZ for Ruwais chemicals project, focusing on Chlor-alkali
On 26 th April 2022, the Indian multinational conglomerate company, headquartered in Mumbai, Reliance Industries (RIL) and the Abu Dhabi Chemicals Derivatives Company RSC (TA’ZIZ) signed a shareholding agreement for a chemical project in Ruwais, Abu Dhabi. However, this development delivers high...
