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 price mounts to US$2,272/t; SHFE price hikes by US$35/t
LME aluminium opened at US$2,276 per tonne on Thursday and closed at US$2,315 per tonne, up 1.83 per cent. On Thursday, September 15, both LME aluminium cash bid price and LME aluminium official settlement price surged by US$44 per tonne or 1.97 per cent and US$44.5 per tonne or 1.99 per cent to settle at US$2,271 per tonne and US$2,272 per tonne. 3-month bid price and 3-month offer price grew by US$38 per tonne or 1.69 per cent to stop at US$2,281 per tonne and US$2,282 per tonne. December 23 bid price and December 23 offer price soared up by US$40 per tonne or 1.71 per cent to record at US$2,372 per tonne and US$2,377 per tonne. LME aluminium opening stock closed at 349650 tonnes. Live warrants and Cancelled warrants came in at 278825 tonnes and 70825 tonnes. LME aluminium 3-month Asian...
Zhejiang Huashuo Technology Co., Ltd joins ASI as new Production and Transformation member
On Wednesday, September 14, Aluminium Stewardship Initiative announced the joining of Zhejiang Huashuo Technology Co., Ltd as its new Production and Transformation member. Zhejiang Huashuo Technology Co., Ltd. is based in the Beilun district of Ningbo City, Zhejiang province of China, and is dedicated to providing semi-solid forming solutions and lightweight aluminium alloy die-casting parts for new energy vehicle batteries, motors, and electric control systems. It is currently the world's largest motors supplier for significant new energy vehicles and inverter and battery components. In the meantime, they also provide solutions and die-casting goods for lightweight automobile structural components. Additionally, they are working together on MEGA super big die-casting with the primary new...
EU Critical Raw Materials Act, a positive step toward increasing European supply-side independence
The unveiling of a new Critical Raw Materials Act by European Commission President Ursula von der Leyen during the annual State of the Union Address was warmly received by European Aluminium. This trade group represents the aluminium value chain in Europe. The Association requests urgent help from decision-makers in assuring a sustainable supply of European aluminium in light of the growing significance of speeding Europe's green transformation. Aluminium is a crucial element in green technology, including wind turbines and solar panels, as well as in defence equipment and essential consumer goods. Given the significance of raw materials in implementing the EU Green Deal and providing critical applications for European residents, European Aluminium emphasises the need to increase Europe's...
Sodium alumina solid-state batteries by CERENERGY®, a game-changing alternative to lithium-ion batteries
A JV agreement has been signed between Altech and Fraunhofer IKTS to commercialize the CERENERGY® sodium alumina solid-state battery technology. Altech Chemicals believes that CERENERGY® batteries are the revolutionary grid storage alternative to lithium-ion batteries. This agreement will enable the development of a 100MWh project on Altech's property in Schwarze Pumpe, Germany. The proposed factory will create 10,000 10KWh sodium alumina solid-state battery modules annually at 40 per cent to 50 per cent less expensive than lithium-ion batteries. These modules are anticipated to retail for between €7,000 and €9,000 apiece. Creating the CERENERGY® batteries by IKTS took more than eight years, as well as €35 million for research and development and €25 million for the functioning pilot...
A00 aluminium ingot price in China hikes by RMB160/t; Alumina spot price descends by RMB11/t
On Thursday, September 15, the A00 aluminium ingot price in China hiked by RMB 160 per tonne to settle at RMB 18,790 per tonne, with the average prices ranging between RMB 18,770 per tonne and RMB 18,810 per tonne. The spot contract price is expected to be traded at a discount price of RMB 20 per tonne and a premium price of RMB 20 per tonne. As per the SMM data, the price in Foshan has increased by RMB 180 per tonne to settle at RMB 18,770 per tonne. The A00 aluminium ingot price in Gongyi, Wuxi and Chongqing ascended by RMB 170 per tonne to rest at RMB 18,720 per tonne, RMB 18,790 per tonne and RMB 18,830 per tonne. In Tianjin and Hangzhou, the prices climbed up by RMB 160 per tonne and RMB 150 per tonne, stopping at RMB 18,840 per tonne and RMB 18,810 per tonne. In Linyi and Shenyang,...
Tiwai Point’s assessment data reveal elevated levels of cyanide in groundwater
Ecosystem Southland is in charge of a programme of action to ensure a thorough and integrated approach is followed to determine the level of contamination at the Tiwai aluminium smelter site and the necessary clean-up of the surrounding environment. According to the Environmental health and safety (EHS) assessment, the results show contaminants in drains and soil. It also reveals elevated levels of cyanide, fluoride, aluminium, arsenic, and PAHs in groundwater. New Zealand Aluminium Smelters (NZAS) has been requested by the regional council to take many actions to remediate the pollution that the firm discovered via its own reporting and a subsequent independent evaluation. The commission is requesting an enhanced, independent monitoring programme for the site. To clarify contamination at...
LME aluminium price climbs up the graph by US$21/t to US$2,309.50/t; SHFE price drops by US$47/t
LME aluminium opened at US$2,298 per tonne on Tuesday and closed at US$2,306 per tonne, up 1.03 per cent. On Tuesday, September 13, both LME aluminium cash bid price and LME aluminium official settlement price increased by US$21 per tonne or 0.91 per cent to close at US$2,309 per tonne and US$2,309.50 per tonne. 3-month bid price and 3-month offer price went up by US$16 per tonne or 0.69 per cent and US$17 per tonne or 0.73 per cent, to rest at US$2,325 per tonne and US$2,326.50 per tonne. December 23 bid price and December 23 offer price surged by US$63 per tonne or 2.68 per cent and 2.67 per cent to stop at US$2,410 per tonne and US$2,415 per tonne. LME aluminium opening stock closed at 332900 tonnes. Live warrants and Cancelled warrants were recorded at 258775 tonnes and 74125 tonnes....
Yunnan orders aluminium producers to reduce power usage in the coming weeks
Rising energy prices continue to affect China. As per the reports, Yunnan, a province in southwest China instructed aluminium producers to use less energy this week. Although local prices have not been significantly affected, Yunnan's move indicates that rising energy prices greatly influence the production of aluminium throughout the world. Reports stated that from September 13 to September 14, the aluminium producers were ordered to reduce their energy use by around 10 per cent of their everyday consumption. Following a directive from the Dali Power Supply Bureau, a division of the Yunnan Power Grid, the enterprises already reduced their power usage from September 10 to September 12 by 5 per cent compared to regular use. Low rainfall in the area this year, which generally accounts for...
Vedanta Aluminium welcomes Dilip Sinha as its new CHRO
Vedanta, the leading manufacturer of aluminium in India, has appointed Dilip Sinha as the new chief human resources officer (CHRO). In his new position, Sinha, who has 24 years of extensive expertise in human resource management, will oversee all aspects of HR for Vendanta's aluminium company. Vedanta Aluminium operates one of the world’s leading single largest aluminium smelters in Jharsuguda, Odisha. “I’m happy to share that I’m starting a new position as chief human resources officer at Vedanta Ltd,” said Sinha. Dilip Sinha has a lot of experience developing and benchmarking operational best practices, competence profiling and mapping procedures, among other processes, to concentrate on developing skills to satisfy the organization's present and future objectives and purpose. He...
Alutrade achieves breakthrough: Recovers 99% pure aluminium using X-TRACT™
Alutrade achieved 99 per cent pure aluminium for use in secondary aluminium production thanks to the X-TRACT™, TOMRA's most sophisticated x-ray metals sorting equipment. The UK-based aluminium recycling company became the first firm to benefit from X-TRACT, the advanced new sensor-based sorting technology from TOMRA. The X-TRACT™ was installed in March 2021 at Alutrade's Oldbury recycling facility in Birmingham, which handles 42,000 tonnes of garbage annually. Remelts located all over the world are among Alutrade's clients. They require the highest purity grade of aluminium product for their remelting process since any heavy metal presence impacts the melt parameters. The infeed material is first pre-shredded into smaller pieces of around one to two metres in length at Alutrade's Oldbury...
China’s A00 aluminium ingot price slumps by RMB90/t; Average alumina spot price slips by RMB4/t
On Tuesday, September 13, the A00 aluminium ingot price in China went down by RMB 90 per tonne to settle at RMB 18,710 per tonne, with the average prices ranging between RMB 18,690 per tonne and RMB 18,730 per tonne. The spot contract will likely be traded at a discount price of RMB 60 to RMB 20 per tonne. The price in Foshan and Gongyi has descended by RMB 120 per tonne and RMB 110 per tonne to close at RMB 18,650 per tonne and RMB 18,590 per tonne. On the same day, in Hangzhou and Chongqing, the A00 aluminium ingot price decreased by RMB 100 per tonne to close at RMB 18,730 per tonne and RMB 18,720 per tonne. As per the SMM data, the price in Wuxi and Shenyang has slumped by RMB 90 per tonne to halt at RMB 18,690 per tonne, respectively. In Linyi, the aluminium ingot price also...
Apple’s iPhone 14 series comprises aerospace-grade aluminium and environment friendly elements
The American multinational technology giant Apple Inc. announced that its latest series of new iPhone14 has been created using environmentally friendly materials. The iPhone 14 and iPhone 14 Plus have been composed of sturdy and svelte aerospace-grade aluminium and feature five different colours. However, the plus point of this smartphone is that it is made using 100 per cent recycled tungsten metal in the Taptic Engine and 100 per cent recycled rare earth elements used in all magnets, including those used in MagSafe, to protect the environment from the adverse effects of different metals in products. The Taptic Engine simulates activities, such as clicks on a stationary touch screen, using haptic technology to provide users physical input. The robust Ceramic Shield front cover, unique to...
Alumex invests SL Rs.1 billion to introduce low-carbon aluminium ‘Ozon’ at its Sapugaskanda plant
Alumex PLC, a subsidiary of Hayleys Group and a market leader in fully integrated aluminium manufacturing in Sri Lanka, announced the ground-breaking debut of low-carbon aluminium called 'Ozon'. The announcement comes immediately after the successful Phase 1 inauguration of the manufacturer's new state-of-the-art melting plant at Sapugaskanda to promote export markets. The second capacity-building phase will be carried out with an investment of over Rs. 1 billion. “Today Alumex takes a significant step on its sustainability roadmap. We formally commissioned the low-carbon aluminium plant in Sapugaskanda and launched Ozon. Alumex has already developed world-class capabilities in product design and manufacture in compliance with global aluminium quality specifications. Over the past two...
US aluminium scrap imports from Canada in 2Q2022 surge by 20.18% to 102,400 tonnes
In the first quarter of 2022 (1Q2022), the United States imported a total of 85,200 tonnes of aluminium scrap from Canada, which surged by 17,200 tonnes or 20.18 per cent in the second quarter of 2022 (2Q2022). As per the USGS data, the total amount of aluminium scrap imported from Canada in 2Q2022 settled at 102,400 tonnes. According to the data, in 1Q2022, the amount of aluminium scrap imported by the United States from Canada reflected irregular changes. The USGS data stated that the United States imported 33,000 tonnes of aluminium scrap from Canada in March 2022, which registered M-o-M growth of 7,800 tonnes or 30.95 per cent from 25,200 tonnes in February. On the other hand, in February, a dip of 1,800 tonnes or 6.66 per cent was witnessed from 27,000 tonnes in January. In 2Q2022,...
LME aluminium price mounts to US$2,280/t on September 9; SHFE market is closed on the occasion of Mid-Autumn Festival
On Friday, September 9, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$24 per tonne or 1.06 per cent to settle at US$2,279.50 per tonne and US$2,280 per tonne. 3-month bid price and 3-month offer price grew by US$22 per tonne or 0.97 per cent to rest at US$2,289 per tonne and US$2,290 per tonne. December 23 bid price and December 23 offer price gained US$25 per tonne or 1.06 per cent to peg at US$2,372 per tonne and US$2,377 per tonne. LME aluminium opening stock came in at 335275 tonnes. Live warrants and Cancelled warrants closed at 256900 tonnes and 78375 tonnes, respectively. LME aluminium 3-month Asian Reference Price expanded by US$57.49 per tonne or 2.52 per cent to record at US$2,330.63 per tonne. SHFE aluminium price The SHFE market is...
Aluminium Dual 7.5W portable charging station from Momax features MagSafe compatibility
The Aluminium Dual 7.5W charging station from Momax is a dual wireless charging stand with MagSafe compatibility and a flat base to quickly charge AirPods or other Qi-compatible gadgets. It also has a woven-textured leather coating, ensuring that the device or gadget remains scratch-proof. Aluminium is used in electronics and other gadgets because of its excellent heat transfer and conductivity properties. In comparison to related metals, it is also lighter and less costly. Compared to copper solutions, aluminium solutions may be up to 70 per cent lighter. The Aluminium Dual 7.5W charging station enables wireless dual charging for Qi-compatible gadgets like the AirPods and iPhones from the 13th and 12th generations. The operation of this device is also effortless; one needs to place the...
Downstream aluminium weekly: Alucast UK introduces servitization in Black Country aluminium facility; MetLase develops 12% lighter aluminium aerospace components with AMRC
The European Aluminium Foil Association said that while exports continued to fall at -15%, European aluminium foil deliveries for containers and technical applications stabilised in H1 2022. (EAFA). According to EAFA statistics, the continent's overall demand for aluminium foil increased in the first half of 2022 by 0.7% to 494,000 tonnes from 490,300 tonnes in H1 2021. In the West Midlands, the industrial hub of the UK, one of the top aluminium facilities, Alucast, stepped in to reap the benefits of "servitisation," a practice wherein a business can directly include consumers in its revenue collection by providing them with some fee-based service. MetLase, an engineering company in Yorkshire, collaborated with the Advanced Manufacturing Research Centre (AMRC) to significantly reduce the...
Recycled aluminium weekly: Hydro's Wrexham aluminium recycling achieves new milestone; Alupro’s latest initiative will increase the recycling rates of aerosol cans in the UK
The Wrexham-based Hydro aluminium recycling factory achieved another security milestone. The business had gone five years without an accident as of this week. This year, Norsk Hydro added £2.4 million to their Wrexham investment to boost production capacity to 70,000 tonnes. Apart from this, on Thursday, September 1, Hydro marked the groundbreaking ceremony for Hydro's future aluminium recycling facility in Szekesfehervar, Hungary. This new facility will improve Hydro's commitment to a greener future and strengthen its position as a worldwide leader in a sector where demand for more environmentally friendly aluminium is rising. Recycling aluminium is one of the main elements for a greener and emission-free environment. Focusing on this, Alupro, the organisation for recycling aluminium...
