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.
Tomra observes 15 years of X-Tract technology for sorting of aluminium
Tomra has made a long-term commitment to be a leader in the resource revolution. Through automated sensor-based sorting technologies, the business aims to enhance the aluminium industry's environmental performance. Tomra confirms once again that its famous performance continues to improve the manufacture of green, recycled aluminium as a pioneer in dual energy XRT technology with a remarkable heritage in metal, mineral, and diamond sorting. Since 2007, X-Tract has used dual energy x-ray transmission with high resolution and sensitivity sensors to serve the aluminium industry. The quantity of aluminium generated from scrap had increased from 1 million tonnes in 1980 to 8 million tonnes that year, as demand for aluminium continued to rise in the transportation and construction industries....
EN+ emphasises the use of low-carbon aluminium for Japan’s Green Growth Strategy
En+ Group and its metals subsidiary, RUSAL has released new research today that emphasises the vital role of low carbon aluminium in Japan's Green Growth Strategy, laying the groundwork for the green energy transition and the further expansion of the circular economy. Based on industry statistics, the study forecasts a 20 percent growth in demand for aluminium semis from Japanese firms between 2020 and 2025. While cast aluminium products in Japan are nearly 100 percent recyclable, primary aluminium will still be required to supply more than 50 percent of predicted demand. Because of the high energy intensity of aluminium manufacturing, raw materials imported into Japan can have dramatically varying embedded emissions depending on the power sources employed, according to the report. When...
Mytilineos receives ASI Performance Standard Certification for bauxite mining and alumina refining activities
On Friday, October 22, Aluminium Stewardship Initiative (ASI) made it public that MYTILINEOS has been successfully accredited against the ASI Performance Standard to carry out production, sourcing, stewardship of aluminium for their Bauxite mining activities at the Delphi Distomon site. The certification is also enabled for the refining, smelting, and casthouse activities at the Aluminium of Greece Plant; Port Facilities at the Aluminium of Greece Plant, Mytilineos corporate headquarter in Athens. The activities can produce more than 198,000 tonnes of aluminium, 860,000 tonnes of alumina, and 630,000 tonnes of bauxite each year. The ASI Certification programme is the first comprehensive voluntary sustainability standard initiative for the aluminium value chain, and it was developed with...
Australia’s net zero carbon emission plan includes the use of low-emission aluminium technology, says PM
To meet a 2050 net-zero carbon emissions target, Australia is banking on existing technology and unproven innovations. Prime Minister Scott Morrison will carry the pledge to the UN's COP26 climate meeting in Glasgow, which begins on Sunday. Despite worldwide pressure to do more in the coming decade to reduce global temperature rises, Australia will not change its 2030 targets. Instead, the administration announced fresh predictions suggesting that by the end of the decade, the country will have reduced its emissions by 30 to 35% compared to 2005 levels. This exceeds the current target of 26 to 28% but falls well short of countries like the United States, which has vowed a reduction of 50 to 52%. Mr Morrison stated on Tuesday that the government's ambition to achieve carbon neutrality by...
LME aluminium price decreases by 0.98% to US$2,917/t; SHFE price moves down by US$127
Three-month LME aluminium rose 0.75 percent to end at US$2,896.5 per tonne on Monday. On Monday, October 25, both LME aluminium cash (bid) price and LME aluminium official settlement price descended by US$29 or by 0.98 percent to total at US$2916.5 per tonne and US$2,917 per tonne. SHFE Aluminium Price Trend On Monday, October 25, benchmark aluminium price for SHFE decreased by US$127 to settle at US$3,281 per tonne. The most-traded SHFE 2112 aluminium closed down RMB 345 per tonne to RMB 21665 per tonne, with open interest down 5272 lots to 205809 lots. The most-traded SHFE 2112 aluminium contract fell 2.12 percent to settle at RMB 21,205 per tonne last night.
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Alba floats its second ESG campaign ‘Shaping Our Future’
On Sunday, October 24, Aluminium Bahrain (Alba), launched their second plant-wide Social, Environment, and Governance Awareness Campaign (ESG) called, ‘Shaping Our Future.’ Alba is one of the world’s leading smelters in Sustainable Development. Ali Al Baqali, the Chief Executive Officer of Alba started the campaign with a virtual keynote, signifying the achievements of the company and adaptability in terms of ESG. He also highlighted the incorporation of Bahrain’s Economic Vision 2030 Objectives and UN Sustainable Development Goals (SDGs) into the 5-year strategy of Alba. “To anchor sustainability at the heart of Alba, we have linked ESG in every aspect of our operations; this was also underlined in our Mission on how to remain competitive while charting a path to greater economic and...
Kam Kiu Aluminium Products Group secures ASI Performance Standard certification
The Aluminium Stewardship Initiative (ASI) announced today that Kam Kiu Aluminium Products Group Limited's extrusion plant in Taishan City, China, has been successfully accredited against the ASI Performance Standard for responsible aluminium production, sourcing, and stewardship. Re-melting, casting, mould design and processing, extrusion, coating or anodizing surface treatment are among the facility's 31 extrusion manufacturing lines, which produce over 100,000 tonnes of extrusion profiles annually. The ASI Certification programme is the first complete voluntary sustainability standard project for the aluminium value chain, and it was established after considerable multi-stakeholder input. With the goal of addressing sustainability challenges in the aluminium value chain, the ASI...
LME aluminium price decreased by 2.25% to US$2,946/t; SHFE price descends by US$30
LME aluminium opened at US$2,912.5 per tonne last Friday morning and closed at US$2,875 per tonne, down US$28 per tonne or 0.96 percent. LME aluminium cash (bid) price moved down by US$67.5 or by 2.24 percent to close at US$2,945.50 per tonne. LME aluminium official settlement price descended by US$68 or by 2.25 percent to total at US$2,946 per tonne. 3-month bid price and 3-month offer price settled at US$2,955 per tonne and US$2,957 per tonne. December 22 bid price closed at US$2,857 per tonne and the offer price for the same day totalled at US$2,862 per tonne. LME aluminium opening stock for October 22 closed at 1086625 tonnes. Live warrants for the same day totalled at 621150 tonnes and cancelled warrants stood at 465475 tonnes. LME aluminium 3-month Asian Reference Price for Friday,...
WEC projects designs and constructs a desalination and wastewater treatment plant for GAC bauxite mine
For a new bauxite mine and bauxite export facility at the Port of Kamsar in Guinea, WEC Projects designed and constructed a desalination and wastewater treatment plant. The two projects will generate potable, process, and fire water, as well as treat effluent from the port camp and activities. Despite facing some unique and challenging obstacles, both projects were completed successfully. The Guinea Alumina Corporation (GAC) bauxite mine, worth US$1.4 billion, is a greenfield project in Guinea's northwest area. Between the cities of Boké and Sangaredi, the mining firm holds a 690-square-kilometer bauxite concession with deposits estimated to be approximately 400 million tonnes. The bauxite, which is needed to make aluminium, is mined and carried by rail to the Port of Kamsar, where it is...
Bauxite Weekly Recap: Rio Tinto renews partnership with UQAC for 3 years to continue R&D in bauxite and alumina manufacturing
This week, the bauxite industry started with the news that, Rio Tinto has reportedly renewed the partnership with the Université du Québec à Chicoutimi (UQAC) for the next three years, meaning the former will invest more than $2 million to continue research & development in bauxite and tailings processing technologies. This marks a 25-year union between the two organisations, particularly in the area of bauxite and tailing treatment technologies and alumina manufacturing. To know more: https://www.alcircle.com/news/rio-tinto-renews-partnership-with-uqac-for-3-years-to-continue-r-d-in-bauxite-and-alumina-manufacturing-71663 This was followed by the news that, Guinea mining sector attracting US$6.2 billion investment within 5 years of time. The West African nation that recently faced a...
Aluminium billet inventories in China loses 3,200 tonnes this week to settle at 181,200 tonnes
According to the Shanghai Metals Market, aluminium billet inventories in China decreased by 3,200 tonnes week-on-week across five major consumption areas. As a result, the inventories closed at 181,200 tonnes on Thursday, October 21. Stock decline in Foshan and Nanchang resulted in the decrease in aluminium billet inventories this week. According to SMM, the inventory of aluminium billet declined because the arrivals contracted this week and the shipments picked up significantly day before as the aluminium prices moved down. The chart below indicates the current status of aluminium billet inventories across China in more detail: In Foshan, aluminium billet inventories decreased by 3,700 tonnes this week to close at 95,700 tonnes. In Nanchang, inventories declined by 2,500 tonnes to settle...
AlCircle launches its eighth quarterly e-Magazine “Aluminium Industry 4.0: Drivers & Change Makers of 2021”
AlCircle, one of the leading providers of information related to the metal industry, believes in staying at the forefront of the global aluminium value chain sector. By delivering the latest information and data related to the industry, AlCircle likes to stay connected with their readers and keep them well informed about the industry. After the grand success of the first and second e-magazine under the topic Industry 4.0, AlCircle has come up with the third edition in this series of e-Magazine titled as “Aluminium Industry 4.0: Drivers & Change Makers of 2021”. The 3rd edition of the e-Magazine contains interviews and articles of some of the famous aluminium industry leaders, change makers, and pioneers. It also highlights the importance of Industry 4.0, its success stories, and how it is...
LME aluminium price descends by 1.66% to US$3,014/t; SHFE price drops by US$215
LME aluminium opened at US$3,093.5 per tonne on Thursday morning and closed at US$2,903 per tonne, down US$194 per tonne or 6.26 percent. LME aluminium cash (bid) price decreased by US$51.5 or by 1.68 percent to settle at US$3,013 per tonne. LME aluminium official settlement price also moved down by US$51 or by 1.66 percent to score at US$3,014 per tonne. 3-month bid price and 3-month offer price closed at US$3,023 per tonne and US$3,023.50 per tonne. December 22 bid price totalled at US$2,903 per tonne and the offer price for the same day settled at US$2,908 per tonne. LME aluminium opening stock for October 21 stood at 1092600 tonnes. Live warrants for the same day closed at 625050 tonnes and cancelled warrants were recorded at 467550 tonnes. LME aluminium 3-month Asian Reference Price...
Brazil’s first ‘circular economy laboratory’ by Ball Corporation to facilitate collection and recycling of aluminium cans
Ball Corporation, a US-based aluminium packaging firm, has revealed intentions to construct Brazil's first "circular economy laboratory" on Fernando de Noronha's island. The VADELATA for the Planet Lab will make aluminium can collection and recycling easier. The project's construction has officially begun, with a ground-breaking ceremony performed this week. The 4,300ft² facilities, which is set to open, next year, will include drop-off and pre-processing areas for aluminium cans, as well as display spaces and conference rooms for lectures and seminars. The plant will recycle over 100,000 pounds of aluminium in its first year of operation. It also aims to provide locals and visitors with a greater awareness of sustainable practises. “As part of the company’s recently announced 2030...
South32 keeps up their performance despite Covid-19 challenges
South32, a diversified mining and metal company, has kept its output estimate steady for the fiscal year 2022, based on the output in the first quarter. On Thursday, October 21, South32 informed that alumina output fell 10 percent Q-o-Q in the first quarter of FY2022 to 1.2 million tonnes, while aluminium production climbed by 1 percent to close at 248,000 tonnes. Following an incident in July that damaged one of the refinery's two bauxite unloaders, alumina production in Brazil fell by 22 percent in the third quarter. The business took swift steps to reduce the inconvenience by installing temporary loading equipment, and it was back up and running in October. “Our operations continue to perform well, achieving record production at South Africa Manganese and maintaining production above...
China's energy crisis dents Press Metal’s margin, says Affin Hwang Capital
Affin Hwang Capital informed that China's energy crisis, which is projected to last until 2022, would result in some profit margin erosion in Press Metal Aluminium Holdings Bhd's earnings. According to Affin Hwang Capital, raw material supply, including alumina, carbon anode, magnesium, and silicon metal, is likely to be under pressure in the next quarters, as China struggles with its energy shortages, causing manufacturing interruptions. Based on the report, the most energy-intensive businesses, such as cement, steel, and aluminium manufacturing, are anticipated to be the worst impacted by the power shortage. “Nevertheless, we believe the rise in raw material prices will be partially passed through to customers, mitigating the impact, while the resulting global supply shortage would...
LME aluminium price decreases by 3.49% to close at US$3,064.50/t; SHFE price moves down by US$13
Three-month LME aluminium closed at US$3,097 per tonne, down 0.19 percent or US$6 per tonne. On Wednesday, October 20, both LME aluminium cash (bid) price and LME aluminium official settlement price moved down by US$111 or by 3.49 percent to total at US$3,064.50 per tonne and US$3,065 per tonne. 3-month bid price and 3-month offer price scored at US$3,074 per tonne and US$3,076 per tonne. December 22 bid price settled at US$2,963 per tonne and the offer price for the same day closed at US$2,968 per tonne. LME aluminium opening stock for October 20 was found to be 1098300 tonnes. Live warrants for the same day totalled at 625250 tonnes and cancelled warrants settled at 473050 tonnes. LME aluminium 3-month Asian Reference Price for Wednesday, October 20, stood at US$3034.63 per tonne. SHFE...
Scarcity of aluminium foil may disrupt drug supply chain
Scarcity of aluminium foil, along with the increase in its price, may cause shortage of many important medications, since their production has become unprofitable. The pricing of 680 scheduled medication formulations are regulated by the National Pharmaceutical Pricing Authority. The wholesale price index is used to update prices once a year. “With the price of aluminium foil increasing by 25 to 30 per cent over the last three months, manufacturing of several drugs has become unviable. Several scheduled drugs may become unavailable, if the situation is not brought under control,” said SL Singla, adviser, Himachal Drug Manufacturers Association. Aluminium foil has been in limited supply for the past 5-6 months among the pharmaceutical makers. “There has been an increase of Rs 60 in the...
