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.
Inner Mongolia North Aluminum begins trial production for its much-awaited RMB 1.5 billion project
Inner Mongolia North Aluminum’s high-end aluminium plate and foil project with an annual capacity of 200,000-tonnes has finally entered the trail production phase. The project commenced construction in March 2023 and has successfully completed all pre-construction tasks. Inner Mongolia North Aluminum Co., Ltd. is constructing a high-end aluminium foil production project in the Huolingol High-Tech Development Zone. The project, which spans 300 acres, will have an annual output capacity of 200,000 tonnes and a planned total investment of 1.5 billion yuan. The main equipment includes aluminium plate foil production systems such as casting rolling, cold rolling, foil rolling, and colour coating units. The products primarily consist of battery foil, double-zero foil, decorative foil, and more....
LME aluminium benchmark price moves up by US$2/t; SHFE price hikes to US$2,678/t
On Thursday, LME 3M aluminium opened at US$2,325 per tonne, with a high of US$2,370 per tonne, a low of US$2,321.5 per tonne, and closed at US$2,356 per tonne, up US$29 per tonne, an increase of 1.25 per cent. On Thursday, August 15, both LME aluminium cash bid price and LME aluminium official settlement price moved up by US$3.5 per tonne or 0.15 per cent and US$2 per tonne or 0.08 per cent to settle at US$2,300.50 per tonne and US$2,301 per tonne. LME aluminium 3-month bid price and 3-month offer price added US$2 per tonne or 0.08 per cent and US$1 per tonne or 0.04 per cent to clock at US$2,349 per tonne and US$2,350 per tonne. December 25 bid price and December 25 offer price moved down by US$1 per tonne or 0.04 per cent to clock at US$2,487 per tonne and US$2,492 per tonne. LME...
Focus China: Navigating price drop & demand challenges
The first half of 2024 witnessed significant developments in the Chinese aluminium industry, reflecting a blend of challenges, strategic shifts and growth. As a result, China's economic condition also witnessed significant changes during the H1 2024, owing to reasons like the demand production gap, which in turn resulted in higher aluminium prices. Apart from this, other specific reasons, like the ease of electricity shortage in the Yunnan province, also resulted in significant changes in the economic conditions. Another reason that brought about changes in the Chinese aluminium industry can be attributed to Rio Tinto's declaration of force majeure on alumina shipments from its Queensland refineries due to gas shortages, which in turn affected their operations, leading to supply risks...
De Nada debuts eco-friendly aluminium bottles, reinforcing its commitment towards sustainability
Started by entrepreneurs Adam Millman and Danny Neeson, De Nada, a New Orleans-based beverage company, has recently launched its blanco and reposado expressions in all-new sustainable and recyclable aluminium bottles. Using aluminium highlights that companies are trying to shift towards a more sustainable and eco-friendly environment. “In the spirits industry, sustainability should not just be a trend; it should be an expectation. Consumers are increasingly aware of environmental issues and are choosing brands that prioritise sustainability. Ultimately, sustainability isn’t just about making a product; it’s about making a difference. It’s about building a brand that helps preserve our planet for generations to come,” added Neeson. The company had already been certified as carbon neutral...
Alupro to lead the charge on aluminium foil recycling at RWM exhibition 2024
At this year’s RWM exhibition (NEC, 11-12 September), Alupro will host a panel discussion featuring prominent voices from the aluminium supply chain. The discussion will focus on the challenges and opportunities in aluminium foil recycling. Martin Hyde, Sustainability and Public Affairs Manager will chair the session, which is scheduled for Wednesday at 2 p.m. on the Packaging and EPR stage. The panel will include Dr Ann Stevenson, Circular Economy Lead at Resource Futures, and Michael Goor, Head of New Channel Sales at I2R Packaging Solutions. Both will present recent research findings on foil capture rates. In addition to the panel discussion, the Alupro team will be exhibiting at Stand RS-I128 throughout the event, showcasing their latest awareness campaigns and educational...
Luca Zipponi takes helm as the new CEO of rolled products division at Vedanta Aluminium
Vedanta Aluminium, India’s leading aluminium producer, has appointed Luca Zipponi as the CEO of rolled products. In his new role, Luca will lead the growth and manage all operations for this product group, which serves sectors including automotive, insulation, power projects, electrical, and packaging. He will focus on leveraging technology to drive innovation and deliver enhanced value to customers, further solidifying Vedanta Aluminium’s market leadership and commitment to operational excellence. “I am excited to be part of Vedanta Aluminium. The rolled products vertical has tremendous potential in India, and I am excited about leveraging my expertise and global experience to deliver outstanding value to our customers and stakeholders,” said Luca Zipponi, CEO of Rolled Products, Vedanta...
LME aluminium benchmark price loses US$11.5/t; SHFE price moves down to US$2,650/t
On Tuesday, LME 3M aluminium opened at US$2,306.5 per tonne, hitting a high of US$2,340 per tonne and a low of US$2,290 per tonne, and closed at US$2,326 per tonne, up US$17 per tonne or 0.74 per cent. On Tuesday, August 13, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$11 per tonne or 0.48 per cent and US$11.5 per tonne or 0.50 per cent to clock at US$2,256 per tonne and US$2,256.50 per tonne. 3-month bid price and 3-month offer price also lost US$12 per tonne or 0.51 per cent to reach US$2,308 per tonne and US$2,309 per tonne. December 25 bid price and December 25 offer price descended by US$12 per tonne or 0.48 per cent to dock at US$2,453 per tonne and US$2,458 per tonne. LME aluminium opening stock came in at 899900 tonnes. Live warrants...
Fanta & Warner Bros. Pictures jointly launches limited edition Beetlejuice flavour in aluminium cans
Fanta and Warner Bros. Pictures have announced an exciting global partnership in anticipation of the highly awaited movie Beetlejuice Beetlejuice, set to premiere in cinemas on September 6th, 2024. Fanta is introducing a Limited-Edition Fanta Beetlejuice flavour in sustainable aluminium cans to celebrate. The packaging features the iconic character portrayed by Michael Keaton. This new product offers a distinct flavour experience and showcases the classic black-and-white striped design synonymous with Beetlejuice, available for a limited time. Ibrahim Salim Khan, VP of Global Category Strategy, Fanta at The Coca-Cola Company, said, “We’re excited for fans to try out our special new Fanta limited edition flavour – an unmissable extension of the Fanta range. There’s more to come with this...
WiWA-certified aluminium doors and windows producer to establish India’s first Fenestration Centre of Excellence
Eternia, a leading brand in India renowned for its WiWA-certified aluminium doors and windows crafted from Duranium—a patented aluminium alloy by Hindalco—has signed a Memorandum of Understanding (MoU) with the Furniture and Fittings Skill Council (FFSC). This collaboration will establish India’s inaugural Fenestration Centre of Excellence in Pune, known as Eternia Academy. This initiative is a pivotal move to tackle the pressing shortage of skilled professionals in the dynamically growing fenestration sector. Chandan Agarwal, CEO of Eternia, commented, "There is a growing demand for quality fenestration products and services in India. As pioneers in the industry, we at Eternia recognize our responsibility to nurture talent and drive innovation. By partnering with FFSC, we are addressing...
LIBS Spectrometers from Avantes aims to enhance aluminium recycling & boost circular economy
The global demand for aluminium is rising, and industries must boost production while pursuing greater sustainability. Aluminium recycling involves complex challenges, such as efficient alloy sorting and maintaining the quality and purity of recycled materials. In order to meet the rising demand in line with sustainability or a circular economy, it is very important to implement technologies like Laser-induced breakdown spectroscopy (LIBS), which ensures accurate sorting of aluminium alloys while keeping the quality of recycled materials intact. LIBS has emerged as a transformative technology, offering solutions to these critical issues. Material recovery facilities (MRFs) must process large volumes of aluminium scrap while accurately identifying and separating different metal grades....
LME aluminium benchmark price moves up to US$2,268/t; SHFE price drops by US$13/t
On Monday, LME aluminium opened at US$2,299 per tonne, with a high of US$2,331.5 per tonne, a low of US$2,297 per tonne, and closed at US$2,309 per tonne, up US$14 per tonne, or 0.61 per cent. Following a surge of US$58.5 per tonne on Friday, August 9, both LME aluminium cash bid price and LME aluminium official settlement price witnessed a sluggish growth on Monday, August 13. As per the data, both LME aluminium cash bid price and LME aluminium official settlement price opened the week with a growth of US$4.5 per tonne or 0.19 per cent and US$5 per tonne or 0.22 per cent. The prices settled at US$2,267 per tonne and US$2,268 per tonne. 3-month bid price and 3-month offer price also moved up by US$2 per tonne or 0.08 per cent and US$2.5 per tonne or 0.10 per cent to clock at US$2,320 per...
Chinalco Shandong’s red mud innovation project bags first place at the Science and Technology Progress Awards
The "Green Technology and Engineering Demonstration of Efficient Production of New Powder Materials by Bayer Process Red Mud" project by Chinalco Shandong Co., Ltd. has achieved a significant milestone. The project bagged the first prize of the Science and Technology Progress Award from the China Environmental Protection Federation in 2023. This recognition highlights the company's innovative advancements in the comprehensive use of red mud, marking a new technological breakthrough. Chinalco Shandong Co., Ltd. is the first entity in China to establish a research institute dedicated to using red mud. The company has wholeheartedly embraced the new development concept, consistently prioritising ecological and green development. By enhancing the safety level of its industrial chain, Chinalco...
Life on Mars may be possible using heat-trapping glitters composed of aluminium
Is life possible on Mars? This is one of the most trending questions scientists are trying to solve. According to the latest reports, scientists have devised a novel method to warm Mars by introducing engineered particles—similar in size to commercial glitter and composed of iron or aluminium—into its atmosphere as aerosols. These particles would help trap escaping heat and scatter sunlight onto the Martian surface. The goal is to enhance Mars' natural greenhouse effect, potentially increasing its surface temperature by about 50 degrees Fahrenheit (28 degrees Celsius) over a decade. While this approach alone wouldn't make Mars habitable for humans, the researchers view it as a feasible first step toward long-term planetary warming. "Terraforming refers to modifying a planet's environment...
Artificial sapphire insulator developed using single-crystal aluminium, the bedrock for next-gen chip technology
Researchers at the Shanghai Institute of Microsystem and Information Technology, part of the Chinese Academy of Sciences (CAS), have developed a semiconductor chip insulator made from artificial sapphire, a breakthrough that could potentially extend smartphone battery life. The study proposes that the atomically thin sapphire film could facilitate the creation of more efficient two-dimensional circuits. Image source- CAS/CMG About the research A research team led by Di and Tian Ziao from the State Key Laboratory of Materials for Integrated Circuits at the Shanghai Institute of Microsystem and Information Technology, part of CAS, has developed a single-crystal aluminium wafer and introduced oxygen atoms at room temperature to create a single-crystalline aluminium oxide layer just 1.25...
LME aluminium price closes the week with a surge of US$58.5/t; SHFE price gains US$33/t
LME aluminium opened at US$2,280 per tonne last Friday, reaching a high of US$2,329.5 per tonne and a low of US$2,280 per tonne. It closed at US$2,295 per tonne, up US$11 per tonne, an increase of 0.48 per cent. On Friday, August 9, both LME aluminium cash bid price and LME aluminium official settlement price skyrocketed by US$58.5 per tonne or 2.65 per cent to settle at US$2,262.50 per tonne and US$2,263 per tonne. LME aluminium 3-month bid price and 3-month offer price surged by US$60 per tonne or 2.65 per cent and US$58.5 per tonne or 2.58 per cent to dock at US$2,318 per tonne and US$2,318.50 per tonne. December 25 bid price and December 25 offer price hiked by US$55 per tonne or 2.27 per cent to peg at US$2,468 per tonne and US$2,473 per tonne. LME aluminium opening stock came in at...
Upstream Weekly Recap: Vedanta reports 37% rise in net profit for Q1 FY2025 as well as appoints Ravi Paliwal as the new CEO of Ash Management
Aluminium is an essential component of the global economy, and this week, the upstream sector witnessed some significant events. Top events like LME aluminium registered its first rise of the month on Tuesday, August 6, following two consecutive days of downfall by a total of US$61.50 per tonne. Vedanta recorded a 37 per cent rise in its net profit for Q1 FY2025, contributed by the aluminium business. Apart from this, a lot of new appointments like Ravi Paliwal joining as the new CEO of Ash Management at Vedanta Aluminium, Ricardo Fontes Santana joining Aluminium Bahrain as the new Chief Financial Officer (CFO), Louis Langlois was appointed as the new Senior Vice President of Treasury and Capital Markets at Alcoa Corporation. To know more about how the week went by, read below: On...
New approach by SFU scientists lowers aluminium manufacturing costs for the aerospace industry
Scientists at the Institute of Non-Ferrous Metals of the Siberian Federal University (SFU) have developed an effective model for casting flat ingots from an economically alloyed aluminium-scandium alloy, initially created at the university for RUSAL. This innovative modelling approach for ingot crystallisation enables Russian manufacturers of aluminium semi-finished products in the shipbuilding, space, and aircraft industries to reduce production costs significantly. About this model By utilising this refined model to optimise casting parameters, manufacturers can produce ingots with more uniform structure and composition. As a result, products made from these ingots exhibit increased strength and wear resistance, are less prone to failure, and show a marked reduction in manufacturing...
India’ADC12 aluminium ingot price declines m-o-m amid weakening scrap market
Aluminium ADC12 prices were recorded at INR 219,000 per tonne ex Delhi, a decrease of INR 2,000 per tonne m-o-m, as per BigMint assessment. In Chennai, prices were recorded at INR 218,000 per tonne, a drop of INR 1,000 per tonne m-o-m. However, bids are INR 3,000-4,000 per tonne lower. Better availability and a drop in scrap prices have decreased the price of ADC12 alloyed ingots. Meanwhile, spot prices of aluminium ADC12 alloyed ingots (non-OEM) in Delhi NCR and Chennai remain firm, per the latest assessment. In the Delhi-NCR region, ADC12 spot prices were assessed at INR 209,000 per tonne ex-Delhi, aligning with domestic tense scrap prices, which settled at INR 174,000 per tonne. Bids are at INR 165,000-170,000 per tonne ex-Delhi. Likewise, Chennai's ADC12 prices were reported at INR...
