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 slumps by US$22/t; SHFE price gains US$26/t
The previous trading day, LME aluminium opened at US$2,485 per tonne, with a high of US$2,499 per tonne and a low of US$2,456 per tonne, closing at US$2,486 per tonne, up US$1 per tonne, an increase of 0.04 per cent. On Monday, September 23, both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$21 per tonne or 0.84 per cent and US$22 per tonne or 0.88 per cent to clock at US$2,454 per tonne and US$2,455 per tonne. As per the price graph, 3-month bid price and 3-month offer price dropped by US$33 per tonne or 1.31 per cent and US$32.5 per tonne or 1.29 per cent to settle at US$2,471 per tonne and US$2,472 per tonne. December 25 bid price and December 25 offer price lost US$25 per tonne or 0.95 per cent to dock at US$2,580 per tonne and US$2,585 per...
Woodland Group and Ball Corporation come together to lead the charge in carbon emission reduction
Leading the way in sustainable logistics, the Woodland Group and Ball Corporation have always prioritised transparency, social responsibility, and carbon footprint reduction. In addition, the company is intensifying its focus on supply chain sustainability, exploring alternative fuels and EV technology in partnership with Ball Corporation, a leader in sustainable aluminium packaging. This dedication has been highlighted by key accomplishments, including earning the prestigious gold EcoVadis certification and installing solar panels at major locations. These initiatives now enable the company to source over 60 per cent of its energy from renewable sources. Collab between Woodland Group and Ball Corporation The collaboration between Woodland Group and Ball Corporation is dedicated to...
Suntory Oceania’s upcoming RTD venture to include a net-zero facility in Ipswich
Suntory Oceania has begun production at its AU$400 million (US$260.8 million) facility in Australia, with plans to manufacture its ready-to-drink (RTD) brands by mid-2025. Underpinned by quality, craftsmanship and a strong sense of purpose, Suntory's spirits division, Suntory Global Spirits, teamed up with its beverage subsidiary, Frucor Suntory, last year. The brand is also known for its sustainable initiatives, like incorporating 100 per cent recycled aluminium cans for its limited edition drinks. A key part of the upcoming RTD venture is constructing a net-zero facility in Ipswich, Queensland, marking the largest investment in Australia's fast-moving consumer goods (FMCG) sector in over a decade. The partnership was done to form an AU$3 billion (US$1.96 billion) venture across...
Platinum Equity eyes Trivium Packaging acquisition for a sum exceeding $3.5 billion
Platinum Equity, a Los Angeles-based private equity firm, is reportedly in negotiations to acquire Trivium Packaging for over $3.5 billion, according to Bloomberg sources familiar with the matter. The firm is working to finalise an agreement with Trivium's current owners, the Ontario Teachers' Pension Plan (OTPP) Board and Ardagh Group, within the coming weeks, the sources, who requested anonymity, revealed. While talks are ongoing, the deal is not yet guaranteed. Ardagh and OTPP had previously explored selling Trivium in 2021 but decided against it. In June, packaging company Sonoco withdrew from the bidding to acquire Trivium Packaging after signing a deal to purchase European food can manufacturer Eviosys for around $3.9 billion. According to media reports, representatives from Ardagh,...
Chinalco Materials Institute’s aluminium alloy plates receive approval for the national standard development plan
The National Technical Committee for Standardisation of Nonferrous Metals has forwarded the notice from the National Standardisation Administration announcing the release of the fourth batch of recommended national standard plans and their foreign language versions for 2024. Notably, the national standard plan for aluminium and aluminium alloy plates and strips for New Energy Power Battery Cases and Covers, led by the Chinalco Materials Institute, has been approved, along with its foreign language version. Revised Standards to Support Growth in New Energy Vehicle Industry This standard revision aims to support the rapid growth of the new energy vehicle industry and to utilise standards to guide and enhance the high-quality development of green intelligent manufacturing. The project, led...
LME aluminium benchmark price closes the week with a decline of US$46/t; SHFE price falls to US$2807/t
On the previous trading day, LME aluminium opened at US$2,536.5 per tonne, hit a high of US$2,551 per tonne and a low of US$2,478 per tonne, and closed at US$2,486 per tonne, down US$53.5 per tonne, a decrease of 2.11 per cent. As per the LME price graph, on Friday, September 20, both cash bid price and official settlement price had declined by US$47 per tonne or 1.86 per cent and US$46 per tonne or 1.82 per cent to settle at US$2,475 per tonne and US$2,477 per tonne. On the same day, 3-month bid price and 3-month offer price also contracted by US$32 per tonne or 1.26 per cent and US$34 per tonne or 1.31 per cent to peg at US$2,504 per tonne and US$2,504.50 per tonne. December 25 bid price and December 25 offer price slumped by US$25 per tonne to halt at US$2,605 per tonne and US$2,610...
Chongqing Millison Technologies earns ASI Chain of Custody (CoC) Standard V2 (2022) Certification
China-based Chongqing Millison Technologies has achieved the ASI Chain of Custody (CoC) Standard V2 (2022) Certification for its re-melting, casting, and processing operations for aluminium alloy parts in Banan District. Earlier in January 2024 the company had also achieved the ASI Performance Standard V3 (2022) certification for its facility in the Banan District . In addition, the facilities achieved ASI Performance Standard V3 (2022) Certification in December 2023. The Aluminium Stewardship Initiative (ASI) announced the certification, highlighting the facility's key processes, which include remelting, die-casting, cleaning/shot blasting, and machining, with a designed production capacity of 30,000 tonnes. An independent, third-party audit of Chongqing Millison Technologies Inc.'s...
Upstream weekly recap: Significant price increases for alumina reflect growing market demand; Vedanta launches 37-km rail project to boost coal transport
Aluminium is an essential component of the global economy, and its growing demand underscores its lasting importance. Despite occasional challenges or disruptions, the market for sustainable aluminium will continue to grow, reflecting the unrelenting need for this eco-friendly material. To begin with, Vedanta Aluminium officially announced that the new 37-km Sardega-Bhalumuda rail project, connecting Odisha and Chhattisgarh, will facilitate smoother and faster transportation of coal from the company's mines once it becomes operational. Apart from this, under the alumina segment, alumina's price also recorded a surge of RMB 7 per tonne on Wednesday (September 18), followed by a growth of RMB 18 per tonne the next and RMB 13 per tonne on Friday. The increase in prices highlights the growing...
United Centre partners with Culligan International, promoting the use of aluminium cans or bottles
The United Centre, home to the Chicago Bulls and Blackhawks has recently partnered with Culligan, the global water treatment company, to promote using recyclable aluminium to replace plastic. This new partnership will see more use of aluminium bottles or cans, eliminating single-use plastic water bottles. In a world where sustainability and emission reduction have become the primary goal, the use of aluminium has increased significantly, with many companies shifting towards green metal to ensure an environment-friendly production or usage. Starting this September, recyclable aluminium bottles will replace plastic water bottles at concession stands, locker rooms, and stadium boxes. The arena will also feature new filtered water fountains, including some for sparkling water, and nearly 100...
Baowu Aluminum marks its entry into the aviation materials market with AS9100 Certification
China-based Baowu Aluminum has obtained the AS9100 aerospace quality management system certification. This certification grants the company access to the aviation materials market and marks an essential step towards entering the global civil aerospace industry. The AS9100 certification is among the most stringent quality management standards in the aerospace sector, with rigorous audit requirements for businesses. It thoroughly assesses an organisation's capabilities across various areas, including product governance, design, manufacturing processes, and supply chain management. It ensures they meet the specialised demands of the aerospace and defence industries. The successful certification has established a strong foundation for Baowu Aluminum's expansion into domestic and international...
Meadow’s Daisy Top aluminium refill packaging system bags the Innovation Gallery Award 2024
Meadow, a Swedish tech start-up, has bagged the esteemed Innovation Gallery award at London Packaging Week for its innovative Daisy Top Refill System. The Daisy Top Refill System has implemented aluminium beverage can, one of the most efficient circular packaging for its product. Chosen from over 190 exhibitors, the Daisy Top Refill System was named "Best Product" for its pioneering contribution to sustainable packaging in the beauty and personal care sector, receiving unprecedented votes from attendees. This approach allows brands to move away from single-use packaging toward a sustainable alternative that taps into existing recycling infrastructures, promoting packaging circularity on a global scale. "Sustainability must be easy and fun to engage people and drive real impact. With great...
LME aluminium price adds US$3/t to US$2523/t; SHFE price ascends to US$2844/t
Yesterday, LME aluminium opened at US$2,521.5 per tonne, hit a high of US$2,569 per tonne and a low of US$2,506 per tonne, and closed at $2,540 per tonne, up $18 per tonne or 0.71 per cent. On Thursday, September 19, both LME aluminium cash bid price and LME aluminium official settlement price moved up by US$2.5 per tonne or 0.09 per cent and US$3 per tonne or 0.11 per cent to clock at US$2,522 per tonne and US$2,523 per tonne. As per the LME price graph, 3-month bid price and 3-month offer price added US$8.5 per tonne or 0.33 per cent and US$10 per tonne or 0.39 per cent to settle at US$2,536 per tonne and US$2,538 per tonne. December 25 bid price and December 25 offer price gained US$10 per tonne or 0.38 per cent to settle at US$2,630 per tonne and US$2,635 per tonne. LME aluminium...
Exlabesa’s €25 million aluminium plant in Soure promises economic growth & 120 new jobs
Exlabesa, a global leader in producing industrial aluminium components, is inaugurating a new production facility in Soure, located in the Coimbra district of Portugal. This €25 million investment is expected to bolster the local economy significantly. Exlabesa's tenth production centre According to a statement from the municipality of Soure, the company specialises in aluminium extrusion—a hot transformation process that shapes aluminium into various components—and has been working on this investment for over 12 years. However, it has only recently reached a crucial implementation stage without relying on EU funds. The new facility will create 120 direct jobs. The new factory in Soure spans 8.6 hectares—approximately the size of 10 standard football pitches—and features a covered area of...
BIKAR Aerospace Metals expands global footprint with new production facilities in Bristol and Belagavi
BIKAR Aerospace Metals, a leading supplier of aerospace aluminium, is expanding its operations with two new production facilities in Bristol, UK, and Belagavi, India, at AEQUS. These strategic investments reflect the company’s commitment to strengthening its presence in global aerospace markets. “The establishment of our own production facilities in the UK and India was a logical step for the company to further expand the market for its service offerings. With the new locations in Bristol and Belagavi, we are optimally positioned to further advance our internationalisation strategy in the aerospace business. This expansion enables us to respond more quickly to market demands and offer our customers customised solutions for their semi-finished material needs,” said Alexander Bikar,...
Press Metal teams up with Indonesian firms for its upcoming alumina refinery in West Kalimantan
Press Metal Aluminium Holdings has announced a partnership with three Indonesian firms to establish and operate an alumina refinery in West Kalimantan, Indonesia. The refinery is projected to produce between one and 1.2 million tonnes annually in its first phase, with plans to double this capacity. "By partnering with AAR and DSM through this joint venture, we are not only expanding our upstream business operations but also unlocking synergies that will enhance the overall value of the Press Metal group," said Press Metal Group CEO Tan Sri Paul Koon. About the project The project's first phase will cost an estimated US$750 million (RM3.24 billion) and will be financed through a combination of equity and loans. Press Metal, the largest aluminium smelter in Southeast Asia, is collaborating...
LME aluminium benchmark price gains US$14.5/t; SHFE price hikes to US$2815/t
The previous trading day, LME aluminium opened at US$2,509 per tonne, reached a high of US$2,542 per tonne, a low of US$2,485 per tonne, and closed at US$2,522 per tonne, up US$15.5 per tonne, an increase of 0.62 per cent. On Wednesday, September 18, both LME aluminium cash bid price and LME aluminium official settlement price gained US$14.5 per tonne or 0.57 per cent to clock at US$2,519.50 per tonne and US$2,520 per tonne. As per the LME graph, 3-month bid price and 3-month offer price added US$8.5 per tonne or 0.33 per cent and US$7 per tonne or 0.27 per cent to settle at US$2,527.50 per tonne and US$2,528 per tonne. December 25 bid price and December 25 offer price moved up by US$2 per tonne or 0.07 per cent to settle at US$2,620 per tonne and US$2,625 per tonne. LME aluminium opening...
iPhone 16 reduces GHG emission by 30%, indicating a sustainable push with aluminium enclosure
Apple, the American multinational company and technology giant, has recently launched its much-awaited iPhone 16 and iPhone 16 Plus. Apart from its cool gadgets and electronics, Apple has always been known for sustainable measures to protect the environment. Making progress towards its goal of achieving carbon neutrality across the entirety of its manufacturing supply chain and all stages of product life cycles by the year 2030, Apple has successfully reduced GHG emissions for both its iPhone 16 and iPhone 16 Plus with 128GB by 30 per cent compared to the projected business-as-usual scenario, as modelled by Apple. iPhone 16 contains 85% recycled aluminium This device features over 30 per cent recycled materials, including 85 per cent recycled aluminium in the enclosure, which has lowered...
LME aluminium benchmark price moves up to US$2505.50/t; SHFE price gains US$17/t
LME aluminium opened at US$2,517 per tonne, hit a high of US$2,539.5 per tonne, a low of US$2,505.5 per tonne, and closed at US$2,506.5 per tonne, down US$8.5 per tonne, a decrease of 0.34 per cent. On Tuesday, September 17, both LME aluminium cash bid price and LME aluminium official settlement price inched up by US$0.5 per tonne or 0.01 per cent to clock at US$2,505 per tonne and US$2,505.50 per tonne. As per the LME price graph, 3-month bid price and 3-month offer price moved up by US$1 per tonne or 0.03 per cent and US$2.5 per tonne or 0.09 per cent to stand at US$2,519 per tonne and US$2,521 per tonne. December 25 bid price and December 25 offer price added US$3 per tonne or 0.11 per cent to arrive at US$2,618 per tonne and US$2,623 per tonne. LME aluminium opening stock came in at...
