AlCircle News Edited By "Sarnali Chakraborty"
Sarnali Chakraborty is a content writer with 2 years of experience. She has written articles on various genres like technical, creative, medical, to name some. Here in Alcircle she will be curating articles on the metal industry, writing newsletters and other online and offline content.
LME aluminium benchmark price slumps by US$35.5/t to US$2,195.5/t; SHFE remains closed for Mid-Autumn Festival
On Thursday, October 5, both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$35.5 per tonne or 1.59 per cent to halt at US$2,195 per tonne and US$2,195.50 per tonne. As per the London Metal Exchange (LME) graph , both 3-month bid price and 3-month offer price dwindled by US$39 per tonne or 1.71 per cent and US$38 per tonne or 1.67 per cent to score at US$2,231 per tonne and US$2,233 per tonne. December 24 bid price and December 24 offer price slipped by US$37 per tonne or 1.53 per cent to settle at US$2,368 per tonne and US$2,373 per tonne. LME aluminium opening stock came in at 500850 tonnes. Live warrants and Cancelled warrants closed at 193300 tonnes and 307550 tonnes. LME aluminium 3-month Asian Reference Price declined by US$42.56 per tonne or...
Azza unveils its latest unlimited series cases flaunting brushed aluminium panels
Azza's latest Unlimited Series cases, the Sanctum 810 and Mesa 811 come packed with asymmetrical designs, massive metal frames, varied vents, and wide glass panels, giving them a fresh perspective on the standard chassis construction. The Mesa 811's innovative asymmetrical design accommodates a wide range of motherboard sizes, and it features brushed aluminium panels with vents and multiple fan ports for increased airflow. The Sanctum 810's metal frame, huge glass enclosure, and angled front fans give exceptional looks and effective cooling. The Sanctum 810 is compatible with various hardware components and allows for a wide range of water-cooling systems. Its metal frame contrasts the glass enclosure and brushed aluminium base, resulting in an attractive blend of modern and industrial...
Fondital SpA achieves ASI Performance Standard V2 Certification for its three facilities in Vobarno
Fondital SpA has been certified against the ASI Performance Standard V2 (2017) Certification at its three facilities in Vobarno, Italy, for the production of high-grade aluminium special alloys from recycled content and the manufacture of automotive parts via melting, high-pressure die-casting, heat treatment, and machining. In 2020, the company joined forces with Raffmetal SpA, which was certified against the ASI Performance Standard (V2). Bureau Veritas Certification conducted an independent, third-party audit of the Fondital SpA facilities. The audit occurred before May 31, 2023, allowing for Performance Standard V2 certification. "We congratulate Fondital SpA for achieving ASI Performance Standard (V2) Certification for their production of automotive castings. The growing application...
Always Pan 2.0 from Our Place, featuring post-consumer recycled aluminium marks its debut in the US Amazon Store
Our Place, a mission-driven kitchen brand, has announced the debut of its US Amazon Store, allowing consumers throughout the country to enjoy sustainable home cooking at its finest. The inaugural release of Our Place's multifunctional Always Pan garnered quick acclaim due to its renowned functionality and design. The Always Pan 2.0 is constructed using Our Place's exclusive ceramic covering, Thermakind®, free from harmful toxins. Additionally, the pan's body is crafted entirely from post-consumer recycled aluminium. "We're thrilled to partner with Amazon to bring Our Place to even more kitchens across the country. Our Place has always represented more than just kitchenware; it's about bringing thoughtfulness back to our meals and the ritual of creating meals for others and together. We're...
Xingfa Aluminum successfully embraces digitalization for each of its production workshop
Xingfa Aluminium, founded in 1984, is a significant manufacturer of aluminium profiles, windows, doors, and curtain walls in China. The intelligent system is used in every Xingfa Aluminium industry production workshop and includes almost everything from product development and design to order placement, production, logistics, and distribution. The entire process is coordinated on the system, with real-time production data updates, saving more than 30 per cent of personnel compared to traditional aluminium processing enterprises and increasing efficiency by 50 per cent. Xingfa Aluminium has consistently embraced the path of new industrialisation, continuously delving into and advancing intelligent manufacturing. By placing the digital factory at its core, Xingfa Aluminium has effectively...
Rio Tinto’s Kitimat aluminium smelter back in full production
Rio Tinto's Kitimat aluminium smelter is finally back in full production after a 17-month restart following a lengthy interruption caused by a strike in 2021. Rio Tinto general manager Simon Pascoe stated that the accomplishment is noteworthy for the community and his 1,100-member crew. The smelter has achieved its maximum production capacity of 432,000 tonnes of aluminium per year, marking the first instance of such achievement since 2018. Rio Tinto also plans to celebrate the smelter's 70th anniversary next year. "We've not just put ourselves back on where we left before the strike. We're actually operating at our plant's full nameplate capacity. It's a testament to the dedication and hard work of every individual on the team," stated Simon Pascoe. Pascoe assumed the position previously...
India’s imported aluminium scrap prices show volatile trend W-o-W owing to fluctuations in future exchanges
India's imported aluminium scrap prices have shown mixed sentiments in line with movements in futures exchanges, which had w-o-w divergences but primarily exhibited a negative trend. The current state of the aluminium market is characterised by a diverse environment driven by various significant elements. To begin with, sellers in the United States have already obtained confirmed reservations for future transactions. Additionally, the current market situation is experiencing temporary stability, characterised by minimal short-term swings. However, there is cause for hope as projections point to increasing US purchasing activity in the short term. The data shows a notable increase in aluminium trade between the Middle East and India compared to deals involving the UK and the US. India's...
HMD Global launches Nokia XR21 featuring 100% recycled aluminium in the European market
HMD Global, the Finnish company that secured Nokia branding rights in late 2016, has launched its first smartphone manufactured in Europe. Composed of 100 per cent recycled aluminium, the new Nokia XR21 is advertised for its durability and sustainability. It has "military-grade durability" and an IP69K rating, indicating its suitability for industrial use cases where dust, heat, moisture, and impact are problematic. The decision comes six months after HMD Global announced plans to shift some of its manufacturing to Europe to address increased enterprise demand for locally produced gear. The effort aims to address security and sustainability concerns, with the company's European manufacturing location first kept under wraps for security reasons. The organisation has officially designated...
Crown Holdings and IAI uphold sustainable practices promoting the importance of aluminium cans recycling
According to a recent study by Crown Holdings, implementing enhanced beverage can recycling practices in six nations can significantly mitigate global carbon dioxide (CO2) emissions by as much as 60 million metric tonnes by 2030. The possibility of a lower carbon footprint for the beverage can complement the format's sustainability qualities of unlimited recyclability, high recycled content, and quick recycling turnaround time. The report, which was conducted by Roland Berger, a third-party global management consultancy, in collaboration with the International Aluminium Institute (IAI), presents a comprehensive analysis of 20 strategies, both short-term and long-term, aimed at enhancing recycling systems and augmenting the rates of beverage can recycling in various countries. Notably, the...
Alupro to present its latest consumer awareness campaigns at LARAC 2023 conference
Alupro, the association dedicated to recycling aluminium packaging, will present its most recent consumer awareness campaigns and innovative educational efforts at the next LARAC Conference. The recycling and waste management event is scheduled at The Hilton Metropole in Birmingham on 11-12 October. This gathering aims to convene several local authority leaders from various regions in the United Kingdom. The primary focus of this event will be to engage in discussions on policy, funding, collaboration, and best practices within the field. Tom Giddings, executive director at Alupro, said, "The LARAC Conference brings together representatives from every local authority across the UK to discuss, debate and learn more about the most important waste management updates – from policy changes and...
LME aluminium benchmark price drops to US$2,257/t; SHFE market remains closed for Mid-Autumn festival
On Tuesday, October 3, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$30 per tonne or 1.31 per cent and US$29.5 per tonne or 1.29 per cent to score at US$2,256 per tonne and US$2,257 per tonne. On the same day, the 3-month bid price and 3-month offer price slumped by US$23 per tonne or 0.99 per cent to halt at US$2,292 per tonne and US$2,294 per tonne. December 24 bid price and December 24 offer price fell by US$25 per tonne or 1.01 per cent to score at US$2,427 per tonne and US$2,432 per tonne. LME aluminium opening stock came in at 504850 tonnes. Live warrants and Cancelled warrants settled at 193300 tonnes and 311550 tonnes. LME aluminium 3-month Asian Reference Price dwindled by US$50.68 per tonne or 2.14 per cent to reside at US$2,310.16...
RHI Magnesita’s newest acquisition to strengthen its capabilities in alumina-based refractories
RHI Magnesita has announced the acquisition of the Preiss-Daimler Group's refractory businesses in Germany, the Czech Republic, and Slovenia for roughly €45 million in cash. The acquisition would strengthen RHI Magnesita's capabilities in alumina-based refractories and its footprint in process industries, where the Group is currently under-represented compared to other customer sectors. Access to new clients and cross-selling opportunities, production network and logistics economies, vertical integration benefits, recycling, technology transfer, and procurement reductions are expected to provide significant synergies. Based on a pro forma EBITDA basis, the purchase is anticipated to not substantially increase the Group's gearing. The financial resources required for the acquisition will...
Shenlong Baoding’s upcoming battery aluminium foil project to start by 2024
According to the performance statement provided by Shenhuo Shares, the Shenlong Baoding Phase II project, which involves the production of 60,000 tonnes of new energy battery aluminium foil, is progressing actively. The installation of the rolling mill has already commenced, and it is anticipated that production will commence in early 2024, with full-scale production expected in the second half of the same year. Furthermore, the company intends to augment the procurement of premium resources, such as coal, through equity acquisition and alternative methods. It aims to expand the advanced capacity of electrolytic aluminium in regions with notable cost benefits by acquiring production capacity indicators, thereby achieving cost-effective expansion. Additionally, the company seeks to foster...
AL CircleBiz adds Sommet Group to its list of 1600+ verified sellers
AL CircleBiz , the world's first global B2B aluminium marketplace connecting millions of buyers and sellers along the value chain, has onboarded Sommet Group , a leading manufacturer and exporter of non-ferrous metal alloys, wires and rods successfully. Sommet Group , founded in 1998, is the leading manufacturer and supplier of non-ferrous metals, alloys, wires, and rods. They specialise in aluminium wire, copper wire, zinc wire, brass wire, bronze wire, as well as alloys and ingots of zinc, aluminium, lead, tin, copper, brass, and bronze, among other materials. The products offered by the company include: Aluminium Wire Aluminium Ingot Copper Clad Aluminium Wire Aluminium Wire for Mesh The company's director, Mr Abhimanyu Asija, spearheads the organisation, intending to establish a...
Rheinmetall's aluminium casting unit secures new lightweight automotive engineering orders for EV
Rheinmetall has received additional orders for lightweight automotive engineering, including battery trays and cylinder heads for electric and hybrid vehicles. Rheinmetall's Materials and Trade division's Castings business unit has received two new orders. Both parts will be manufactured in China. The battery trays will be used in the new battery box from the carmaker. Production will begin in 2025 and will last seven years. Rheinmetall's casting business has a long history of creating very complex, sophisticated aluminium cast parts, and the successful nomination of its industrialisation and production services continues the company's push into e-mobility components. Aluminium cast parts essential to crash and certification must adhere to rigorous safety standards, necessitating...
Hydro plans to install a new water treatment plant at its legacy bauxite residue facility in Schwandorf
Hydro is responsible for operating and maintaining three bauxite residual facilities located at the Schwandorf legacy site in the eastern region of Bavaria, Germany. The site contains remnants from the operational activities conducted by VAW, a German aluminium company, from the 1930s to the 1990s. As a result, Hydro is investing € 3 million in installing a new water treatment plant at the legacy bauxite residue facilities in Schwandorf, Germany. The project is carried out in five steps- Construction of a temporary water treatment plant adjacent to the existing water treatment plant The transition from the old water treatment plant to the temporary plant, which began operating on October 1, 2023 Dismantling of the old water treatment plant Construction of a new permanent water treatment...
Beijing Hyde International successfully carries out the first audit of Longxi aluminium foil
The Beijing Hyde International Certification Co., Ltd. audit team recently completed the first supervision and audit of the Longxi aluminium foil quality/environment/occupational health and safety management system since its recertification. The audit of Longxi aluminium foil was conducted under the supervision and guidance of Teacher Yang Li, who served as the leader of the audit team. The audit team adhered to the rigorous standards outlined in GB/T19001-2016, GB/T24001-2016, and GB/T45001-2020. The audit process involved document reviews, record reviews, on-site observations, and inquiries. The audit encompasses various processes such as production management, environmental safety management, comprehensive management, procurement and sales management. Additionally, the audit team has...
Downstream weekly: Yunnan Aluminium deploys "point-to-point" direct train to ferry aluminium products in China
The first direct train transporting aluminium products left Zhaotong Station in Yunnan Province on September 21, heading for Xiaotang Station in Guangdong Province. The 30 groups of aluminium items on board totalled an astonishing 1,650 tonnes, marking Yunnan Aluminium Logistics' first "point-to-point" direct train of aluminium products this year. Shyam Metalics and Energy Limited, a well-known integrated metal manufacturer, has made a substantial entry into the energy storage sector with their battery-grade aluminium foil, a critical component in lithium-ion cells. Sumitomo Metal Mining of Japan said on September 26 that it is ready to invest 16.9 million Canadian dollars (US$12.5 million) in Nano One Materials, a known Canadian battery material provider, to improve the entire technology...
