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.
Leichtmetall Aluminium Giesserei Hannover GmbH joins ASI as the Production and Transformation Member
Leichtmetall Aluminium Giesserei Hannover GmbH has joined Aluminium Stewardship Initiative (ASI) as the new Production and Transformation member. After joining, the total number of members in ASI will become 197. Leichtmetall Aluminium Giesserei Hannover GmbH is known for discovering continuous...
LME aluminium surged by 0.83% to US$2,889/t; SHFE market is closed for the National Day holiday
LME aluminium benchmark price increased by 0.83 percent on Monday, October 4. Both LME aluminium cash (bid) price and LME aluminium official settlement price elevated by US$24 or by 0.83 percent to close at US$2,888 per tonne and US$2,889 per tonne. 3-month bid price and 3-month offer price closed...
Alumina powder production drops by 6% in Iran to settle at 96,400/t
The Iranian Ministry of Industry, Mining and Trade revealed that nation’s alumina powder production has dropped down by 6% as compared to the five-month production in the last year. Iran has produced around 96, 400 tons of alumina powder during the first five months of the current Iranian calendar...
Alba Chairman pays his first field visit to the Alba Power Station 3 & 5 control room
On 30 th September, Shaikh Daij Bin Salman Bin Daij Al Khalifa, the Chairman of Board of Directors at Aluminium Bahrain B.S.C. (Alba) went for a field visit to the Alba Power Station 3 and 5 control rooms. It was his first visit to the Alba Power Station 3 and 5 control room since the dawn of...
LME aluminium price increases by 0.49% to US$2,865/t; SHFE market is closed for the National Day holiday
LME aluminium benchmark price soared up by 0.47 percent on Friday, October 1. LME aluminium cash (bid) price elevated by US$13.5 to settle at US$2,864 per tonne. The LME official settlement price notched up by US$14 or by 0.49 percent to score at US$2,865 per tonne. 3-month bid price and 3-month...
Bauxite Weekly Recap: Guinea mining contracts review bound to happen, but not soon; Mining Industry Indonesia visions end-2022 towards floating IPO of Inalum
This week, the bauxite industry started with the news that, a team of Andhra Pradesh Mineral Development Corporation (APMDC) officials had started their journey to London for attending the upcoming hearing of a case scheduled on September 27 concerning the international arbitration raised by...
Alumina Weekly Recap: Mining Minister highlights US$500,000 loss per day at Jamalco refinery for fire breakout; Alumina production in Europe grows by 2.12% to 914,000 tonnes in Aug’21
This week a lot had happened in the Alumina industry. On Monday, September 27, the average alumina spot price had increased by RMB 126 per tonne to settle at RMB 3,733 per tonne. For September 28, the average alumina spot price was recorded at RMB 3,744 and for September 29, the spot price stood at...
Project Y719 finally tastes the water at Oceanco
Project Y719, one of the largest yachts in the world, has finally hit the water at Oceanco, the Netherlands. Built of aluminium super structure, the superyacht is around 117 metre long and is launched from the yard’s Alblasserdam facility. Project Y719 was technically launched in 2019 from...
Mining Minister highlights US$500,000 loss per day at Jamalco refinery for fire breakout; Critical assets also at stake
Mining Minister Robert Montage informed the House of Representatives that the August 22 fire breakout in the Jamalco alumina refinery has caused the company lose US$500,000 per day. This is based on the production cost of US$150 per tonnes of alumina at a production rate of 3,170 tonnes everyday....
LME aluminium plunges by 2.12% to US$2,851/t; SHFE market is closed for the National Day holiday
LME aluminium benchmark price edged 2.12 percent lower on Thursday, September 30. Both LME aluminium cash (bid) price and official settlement fell down by US$62 to close at US$2,850.50 per tonne and US$2,851 per tonne, respectively. 3-month bid price and 3-month offer price closed at US$2,866 per...
US aluminium crude metals and alloys imports from Canada witness an increase of 3.39% Y-o-Y in July 2021
According to the US Geological Survey (USGS), the United States imported 213,000 tonnes of crude metals and alloys from Canada in July 2021, reflecting a month-on-month decrease of 4,000 tonnes or 1.84 percent. In June 2021, 217,000 tonnes of aluminium crude metals and alloys were exported from...
Primary aluminium inventories in China increases 26,000 tonnes week-on-week to 815,000 tonnes: SMM
According to the Shanghai Metals Market, social inventories of primary aluminium elevated by 26,000 tonnes to close at 815,000 tonnes on the week across eight major consumption areas, along with SHFE warrants. The increase was mostly due to Wuxi and Nanhai. Last week on September 23, primary...
Mining Minister to apprise parliament on Jamalco’s current situation following fire breakout incident
Robert Montague, the Minister of Transport and Mining will be updating the parliament about the current situation of Jamalco alumina refinery which was affected by fire breakout on August 22, 2021. The alumina refinery, located in Hayes, Clarendon, was shut down initially after the fire breakout,...
LME aluminium price grows by 0.48% to US$2,913/t; SHFE price steps down by US$30
Three-month LME aluminium opened at US$2,937 per tonne yesterday and closed at US$2,913 per tonne, down by US$19 per tonne or 0.65 percent. On Wednesday September 29, LME aluminium cash (bid) price climbed up by US$14 or 0.48 percent to reach at US$2,912.50 per tonne. LME aluminium official...
US aluminium crude metals and alloys exports to Mexico edge 21.48% lower M-o-M in July 2021
According to the US Geological Survey (USGS), Mexico imported 9,030 tonnes of aluminium crude metals and alloys from the United States in the month of July 2021, which reflected a month-on-month decrease of 2,470 tonnes or 21.48 per cent. In June 2021, 11,500 tonnes of aluminium crude metals and...
LME aluminium price increases by 0.38% to US$2,899/t; SHFE price moves up by US$47
Three-month LME aluminium rose 1.0 percent to end at $2,932 per tonne on overnight. On Tuesday September 28, both LME aluminium cash (bid) price and LME aluminium official settlement price surged by US$11 or by 0.38 percent to close at US$2,898.50 per tonne and US$2,899 per tonne. 3-month bid price...
Unity Aluminum fails to fulfil proposed construction of $1.7 billion aluminum mill; Kentucky legislature reclaims its $15 million investment
Braidy Industries, formerly known as Unity Aluminum, is a Kentucky based aluminum manufacturing company. The company in 2017 promised to build a US$1.7 billion aluminum mill near Ashland, for which, the legislature invested around US$15 million in the company. Craig T. Bouchard, the former CEO and...
LME aluminium price drops by 0.60% to US$2,888/t; SHFE price declines by US$69
Three-month LME aluminium opened at US$2,941 per tonne yesterday and closed at US$2,903 per tonne, a decrease of 0.89 percent. On Monday September 27, LME aluminium cash (bid) price dropped by US$17.5 or by 0.60 percent to stand at US$2,887.50 per tonne. The LME official settlement price also...
