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.
Aludium achieves ASI Chain of Custody Standard VI Certification for its Spanish facilities
Aluminium Stewardship Initiative (ASI) announced that Aludium's plant in Alicante and Amorebieta (Spain) was successfully certified against the ASI Chain of Custody Standard V1. These facilities just received re-certification after achieving ASI Performance Standard Certification in December 2019. The certification applies to the Aludium Alicante plant (Spain), which includes the casthouse, cold rolling, finishing, administrative facilities, and R&D Center, as well as the Aludium Amorebieta plant (Spain), which consists of the casthouse, hot rolling, cold rolling, finishing, and administrative facilities. The business manufactures aluminium products utilised in many downstream industries, such as building and construction, packaging, and transportation. "The ASI CoC certification is a...
Primary aluminium weekly recap: Hindalco posts a 20% hike in nine months revenue for FY23; Vedanta launches the 1st edition of the ‘International Aluminium Conference 2023’ in Odisha
The global primary aluminium sector witnessed some significant events this week. Also, the fact that aluminium is one of the most critical metals can be understood with the proposal of Australian experts suggesting enlisting this silvery-white metal as a crucial mineral. Mike Ferraro, CEO and Managing Director of Alumina Ltd., discussed why the Australian Government should follow in the footsteps of the United States, which included aluminium in its list of 50 critical metals a year ago. Apart from this, the 'Metal of the Future,' Vedanta Aluminum, India's largest aluminium producer and one of the world's top aluminium manufacturers, grandly launched the first edition of the International Aluminium Conference 2023' (IAC 2023) at its operating location in Jharsuguda, Odisha. Under the...
LS C&S signs an agreement with HAI to produce aluminium components for EV
The Austrian company Hammerer Aluminium Industries (HAI) and the Korean company LS Cable & System (LS C&S) have agreed to invest a combined 67.5 billion won ($53 million) in the creation of a joint venture that will begin producing battery cases and other EV components made of lightweight, high-strength aluminium in 2025. Both businesses intend to enter the market for aluminium vehicle components by utilising the respective knowledge they have each gained in Europe and Korea. In 2027, LS C&S anticipates that the joint venture will produce revenues of about 200 billion won. For the manufacture of Hyundai Motor and Kia automobiles with internal combustion engines, the LS Group subsidiary has provided high-strength aluminium components. The business intends to concentrate more on making...
Lack of aluminium sulphate threatens Harare's water production
The Harare City Council (HCC), the local governing body of the capital of Zimbabwe, has warned that water production may soon stop due to a lack of aluminium sulphate. According to a statement from the local government authority, all areas of the city would be impacted. Aluminium sulphate is primarily used as a coagulant in the purification of drinking water, the treatment of sewage, and the production of paper. The City informed that water production has been decreased to stretch precious inventories from 20 hours of operation to 30 hours as of yesterday evening due to dangerously low stockpiles of aluminium sulphate. A quicker alternative delivery is being sought to shorten the outage. This indicates that the city will run out of goods and stop production at midnight this evening. The...
Uno Minda to acquire the remaining 22.64% ownership of Minda Kosei Aluminium Wheels
The Gurgaon-based Uno Minda Group has announced plans to invest INR 115.5 crore to buy out its Japanese partner Kosei's remaining 22.64 per cent ownership in its joint venture company, Minda Kosei Aluminium Wheels. In India, alloy wheels are increasingly being used on both two- and four-wheeled vehicles, according to the firm, and it plans to take advantage of this potential opportunity in the years to come. By the end of March 2023, the Tier-1 major will have completed the acquisition, turning the alloy wheel manufacturer into a wholly owned subsidiary. According to the group, the joint venture business will enter into a technical-licensing deal with Kosei when the transaction is complete to guarantee the continuation of technological assistance. "The automotive industry experienced a...
LME aluminium price drops by US$44.5/t to US$2,424.50/t; SHFE price loses US$30/t
LME aluminium opened at US$2,488 per tonne on Thursday and dropped to a low of US$2,460 per tonne, but then returned to US$2,500 per tonne and finally closed at US$2,507 per tonne, ending a six-day losing streak. On Thursday, February 9, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$44.5 per tonne or 1.80 per cent to close at US$2,424 per tonne and US$2,424.50 per tonne. The 3-month bid price and 3-month offer price slumped by US$42 per tonne or 1.67 per cent and US$41 per tonne or 1.63 per cent to peg at US$2,465 per tonne and US$2,467 per tonne. December 24 bid price and December 24 offer price slipped by US$40 per tonne or 1.49 per cent to clock at US$2,638 per tonne and US$2,643 per tonne. LME aluminium opening stock settled at 490550...
Nokia to launch X30 5G smartphone with 100% recycled aluminium framework in India
The Nokia X30 5G, composed of 100 per cent recycled aluminium and 65 per cent recycled plastic, launched internationally in September 2022, is expected to be unveiled very soon in India. Sanmeet Kochhar, vice president of HMD Global for India & MENA, recently teased the Nokia X30 5G debut on Twitter. As per the reports, the display of the Nokia X30 5G smartphone may feature an aluminium frame and Gorilla Glass Victus protection. Talking about the specifications, the smartphone is expected to be powered by a snapdragon 695 SoC and house 256GB and 128GB of UFS 2.2 storage. With a dual camera system on the rear, a 50 MP main sensor with OIS, and a 13 MP ultrawide camera, the smartphone is expected to feature a 20:9 aspect ratio 6.43-inch FHD+ AMOLED display. Nokia has pledged three years of...
Indonesian government to prioritize downstreaming of 21 commodities, including bauxite
On Monday, February 6, Bahlil Lahadalia, Indonesia's investment minister, stated that the Indonesian government would continue to prioritise downstreaming the sectors of 21 commodities to draw a total investment of US$545.3 billion by 2040. Bauxite, coal, nickel, tin, copper, steel, gold, silver, asphalt, oil, natural gas, coconut, rubber, biofuel, logs, pine resin, shrimp, fish, crab, seaweed, and salt are among the 21 commodities covered by the eight sectors. The eight key sectors are forestry, plantations, marine, fisheries, and the mining, coal, oil, and natural gas industries. "If we can do it (downstreaming) well and we focus on it, it may become one of Indonesia's strategies to transform from a developing into a developed country as well as increase our per capita income from...
Residents of Irvine and Corona to recycle CA CRV aluminium cans from their doorstep
The governments of Corona and Irvine have partnered with 'Recycle From Home' to offer citizens of the two cities with pick-up-services for California Refund Value (CA CRV) containers. CA CRV or CRV is the amount customers receive when they recycle aluminium or other metal beverage containers at authorised recycling facilities. The minimum return amount for each type of suitable beverage container is set at 5 cents for containers under 24 ounces and 10 cents for containers 24 ounces or larger. Residents may separate CA CRV aluminium cans, plastic bottles, and glass bottles using collecting bags and barcode tracking labels provided by Recycle From Home and then schedule a pick-up online. "As long as it stays "CA CRV" on the container, we'll pay you for them," stated Recycle From Home. The...
China’s A00 aluminium ingot price drops by RMB180/t to RMB 18,880/t; Low carbon aluminium price slips to RMB19,472/t
Following growth a day before, the A00 aluminium ingot price has dropped by RMB 180 per tonne to settle at RMB 18,880 per tonne, with the spot contract price expected to be traded at a discount price of RMB 70 to RMB 30 per tonne. The average price is expected to range between RMB 18,860 per tonne and RMB 18,900 per tonne. As per the data, the A00 aluminium ingot price has experienced a fall in almost all the major provinces. The prices in Foshan, Wuxi, Hangzhou and Chongqing have slipped by RMB 180 per tonne to peg at RMB 18,890 per tonne, RMB 18,875 per tonne, RMB 18,885 per tonne and RMB 18,880 per tonne. The A00 aluminium ingot price in Gongyi and Shenyang has dropped by RMB 160 per tonne to reside at RMB 18,760 per tonne and RMB 18,850 per tonne. The prices in Tianjin and Linyi have...
ITA-Draft Tardezinha, the newly launched draft beer in aluminium cans from Itaipava
One of Brazil's well-known liquor brands, Itaipava, a division of Grupo Petrópolis lager, launched its latest collection of draft beer, ITA-Draft Tardezinha, in aluminium cans, that will serve as the official libation for performances by singer Thiaguinho. "We chose to sponsor the entire tour to reach an audience that will allow us to increase the portfolio strategy , filling a space that was not occupied by any of our other brands", said Danielle Bibas, Vice President of Marketing at Grupo Petrópolis. A special, customised 350 ml can was created for the beverage's premiere. Soon, ITA Draf will be offered nationally to all customers and will be five times filtered and unpasteurised. Aluminium cans are lightweight, portable, and healthy for people to eat. In Brazil, 98.7 per cent of the...
Unimed’s 'Eu Ajudo na Lata' campaign collects 14,000 kg aluminium can seal
The 11th iteration of Unimed's 'Eu Ajudo na Lata' (I Help in the Can) campaign was launched in Londrina, Brazil. The campaign, now in its eleventh year, collects aluminium seals that are later sold and whose values are used to buy wheelchairs. 14,000 kg of aluminium can seals has been collected throughout the campaign. This allowed for the purchase of 205 chairs, distributed to 74 institutions and helped more than 50,000 people. "The work is big, but when this is shared with our community, the action becomes very viable. That's why we count on everyone's collaboration", said Isabela Moreno, Sustainability assistant at Unimed Londrina. Schools, businesses, clients, and regular individuals deliver aluminium seals to Unimed Londrina service stations after collecting them from various...
Sangam, the work of art by designer Subodh Gupta is crafted using aluminium utensils
Aluminium can be called the favourite metal of architects and designers. Due to its unique attributes, the silvery white metal can be found in almost all sectors. Indian artist Subodh Gupta was invited to the 8th edition of Contemporary Art, organised at Le Bon Marché Rive Gauche, a department store in Paris, France. In his exhibition Sangam, the artist combined 13 gigantic constructions built using everyday materials like aluminium and steel, whose brilliance had long captivated him. Sangam alludes to the meeting of three Indian rivers (the Ganges, Yamuna, and Saraswati). The Sangam exhibition pays homage to French culture and savoir-faire by emphasising the virtues of intercultural conversation and sharing. "Utensils are simple objects. However, together they speak, in my head, of the...
Novelis’ net sales fall to $4.2 billion in 3QFY23 due to 2% drop in shipments
Novelis Inc., a top provider of sustainable aluminium solutions and a global pioneer in the rolling and recycling of aluminium, released its third-quarter financial 2023 results. As per the results, net income attributable to its common shareholders fell by 95 per cent from the preceding year to $12 million, primarily due to lower adjusted EBITDA and an adverse metal price lag brought on by the current year's declining aluminium local market premiums. In comparison to the same period last year, net sales for the third quarter of FY2023 dropped by 3 per cent to $4.2 billion from $4.3 billion, primarily due to lower average aluminium prices and a 2 per cent decline in total shipments of flat rolled products to 908 kilotonnes. However, higher product pricing and a more favourable product mix...
LME aluminium price loses US$14/t to US$2,472.50/t; SHFE price moves up by US$9/t
LME aluminium opened at US$2,547 per tonne on Tuesday and dropped to US$2,505 per tonne before closing at US$2,534 per tonne, down 0.37 per cent. On Tuesday, February 7, both LME aluminium cash bid price and LME aluminium official settlement price slipped by US$14 per tonne or 0.56 per cent to close at US$2,472 per tonne and US$2,472.50 per tonne. 3-month bid price and 3-month offer price dipped by US$12 per tonne or 0.47 per cent and US$13 per tonne or 0.51 per cent to reside at US$2,513 per tonne and US$2,514 per tonne. December 24 bid price and December 24 offer price descended by US$13 per tonne or 0.48 per cent to score at US$2,685 per tonne and US$2,690 per tonne. LME aluminium opening stock scored at 390200 tonnes. Live warrants and Cancelled warrants came in at 221575 tonnes and...
Cachaça Pitú rolls out commemorative aluminium cans for the 2023 carnival
One of the most traditional beverage companies in Pernambuco, Brazil, Pitú launched a commemorative limited edition collection of Pitú cachaça aluminium cans for the 2023 carnival. The aluminium cans are expected to be sold on February 8th throughout Brazil. There are 5 million 350 ml units in all. "After a long period of waiting, Pitú is ready and with the block in full force on the streets in different places in Brazil. Carnival is part of our DNA and cans with a commemorative design provide even more joy for those who enjoy the party", stated Alexandre Ferrer, Commercial and Marketing Director of Pitú. The design, motivated by the song "Abre Alas," symbolises the party's variety and pluralism. The graphic has components representing the music, dance, heat, and colour of the...
National director of ARG charges GIADEC for damaging a part of the Atewa forest by bauxite exploration
The Ghana Integrated Aluminium Development Corporation (GIADEC) has been charged by the national director of A Rocha Ghana (ARG), Dr Seth Appiah-Kubi, for damaging a section of the Atewa forest through experimental bauxite mining. According to him, the mining carried out was illegal. This is his evidence in a case brought by an environmental NGO and 10 orders that aim to prevent the government from approving any mining operations in the Atewa forest. "They (GIADEC) went ahead to commission a reconnaissance and exploration activity in the forest which was carried out without due legal processes, destroying a part of the forest and these activities are the pre-events for the actual mining," stated Dr Seth. On Monday morning, Dr Appiah-Kubi testified as the first witness in the case. He...
Tainá Rodrigues, the new Commercial Relations manager of Lindemann Metal Recycling in Brazil
With its headquarters in Düsseldorf, Germany, Lindemann Metal Recycling has been doing business in Brazil since the 1970s. As per the latest reports, the global manufacturer of machinery and solution provider for scrap processing, including aluminium, has appointed Tainá Rodrigues as its new Commercial Relations manager for its operations in Brazil. Tainá will work as a prospector in the metal recycling sector and provide customer assistance. She was chosen as the new Commercial Relations manager by the Brazilian subsidiary of the German multinational company Lindemann, which sells metal recycling equipment domestically and throughout South America. "My goal is to make the brand increasingly consolidated, which is why I seek to add value both to Lindemann and to our customers, who are the...
