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.
Analogue Pocket launches new aluminium edition gaming console
Analogue Pocket is a sleek, modern, portable gaming console designed to celebrate and explore the history of playing games. It is releasing a new iteration this month, featuring a body made of CNC-machined aluminium. The premium-aluminium edition handheld gaming console will be offered in four colours: natural, noir, black, and indigo. This premium edition costs $499, a significant increase from the standard version’s $219. Analogue emphasizes that this aluminium Pocket will be produced in highly limited quantities and will not be sold again. Since its debut in 2021, Analogue has introduced several special editions of the Analogue Pocket, including vibrant colours, a glow-in-the-dark version, and a popular transparent shell. This device lets gamers play old Game Boy cartridges and, with...
Alcoa completes acquisition of Alumina Limited, bolstering industry presence
Alcoa, a Pittsburgh-based industrial corporation and the global industry leader in bauxite, alumina, and aluminium products, has announced the successful completion of its acquisition of Alumina Limited. This strategic move enhances Alcoa's position as a leading pure-play upstream aluminium company, reinforcing its market leadership. The binding Scheme Implementation Deed with Alumina Limited was signed on March 11, 2024 . "Alcoa is proud to announce the completion of our first major acquisition. The acquisition of Alumina Limited strengthens Alcoa's position as one of the world's largest bauxite and alumina producers and is expected to result in long-term value creation from greater financial and operational flexibility. I want to thank both the Alcoa and Alumina Limited teams, and our...
LME aluminium price loses US$23.5/t amidst weak demand & ample supply; SHFE price slips to US$2643/t
The previous trading day, LME aluminium opened at US$2,311 per tonne, reached a high of US$2,327.5 per tonne and a low of US$2,272.5 per tonne, and closed at US$2,273.5 per tonne, down US$41.5 per tonne, a decrease of 1.79 per cent. Following a growth the previous day , both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$22 per tonne or 0.97 per cent and US$23.5 per tonne or 1.04 per cent. The prices as of August 1 (Tuesday) stood at US$2,228 per tonne and US$2,228.50 per tonne. The drop in prices can be attributed to weak demand and ample supply. In Yunnan, a major Chinese production hub, improved rainfall increased hydropower availability, enabling smelters to resume operations. This led to a 6.2 per cent annual increase in primary aluminium...
ASI accredits Kobe Steel Ltd with Performance Standard V3 & CoC Standard V2 Certification
Aluminium Stewardship Initiative announced the accreditation of Kobe Steel Ltd. with the ASI Performance Standard V3 (2022) and Chain of Custody (CoC) Standard V2 (2022) Certification for producing aluminium products at its Moka Works facility in Tochigi, Japan. This facility manufactures aluminium sheeting used in a variety of applications, including airplanes, Shinkansen trains, beverage cans, hard disk drives, and automobiles. ERM Certification and Verification Services conducted independent, third-party audits of the Kobe Steel, Ltd facility. The ASI Certification program, developed through a comprehensive multi-stakeholder consultation process, is the only voluntary sustainability standard for the aluminium value chain. The ASI Performance Standard V3 and ASI CoC Standard V2 were...
Isra Vision’s upgraded DecoSTAR EVO supports inspection of digitally decorated aluminium sheets
Isra Vision has upgraded its reliable DecoSTAR solution for inline inspection of decorated metal sheets with the new DecoSTAR EVO. This latest version offers improved inspection capabilities for offset printing. It now supports the inspection of digitally decorated tin and aluminium sheets used in packaging applications, including food cans, decorative boxes, and oil cans. About DecoSTAR EVO DecoSTAR EVO boasts an advanced defect classifier for streamlined system setup and operation, complemented by a modern, intuitive graphical user interface. It incorporates Isra Vision's latest high-performance lighting and camera technology. Additionally, it features an integrated interface with the optional EPROMI production management intelligence tool. The DecoSTAR inline inspection system from...
Ministry of Economy of Nuevo León & CAPIM’s strategic alliance aims to strengthen aluminium and steel industry
Given the high demand for local suppliers of steel, aluminium and its alloys, the Ministry of Economy of Nuevo León and the Chain of Industry Producers in Mexico (CAPIM) are working to enhance the value chain. Nuevo León, officially the Free and Sovereign State of Nuevo León, is a state in northeastern Mexico. "Previously these commodities were not listed as the first 10 items of purchase search by large industries and now, in less than a month, they jumped to the third place of search priority," said Mendoza, president of CAPIM. The Government of Nuevo León has noted that the impact of nearshoring, combined with the new U.S. tariffs on over 500 products, has accelerated the search for domestic suppliers by major purchasing companies. Impact of tariffs on raw materials René Mendoza,...
Nellie, the big recycling fish serves as a collection point for aluminium cans at Cowes Week
Recycling aluminium has several advantages, including environmental benefits, sustainability, and a circular economy. It also promotes consumer awareness and participation, motivating them to recycle and reuse more. In a similar initiative this year, Cowes Week is proud to host a special guest with a powerful message about sustainability and the environment: Nellie the Big Recycling Fish. This striking metal sculpture, designed by the South Coast charity Final Straw Foundation, serves as a collection point for aluminium cans and plastic bottles, encouraging recycling among attendees. Nellie's presence at the event is made possible by the generous support of Wightlink, who provided free transportation, and the Cowes Week organizers, who have welcomed this unique installation. As per AL...
Ball Corporation and Minalba Brasil clinch Innovation by Design Award 2024 for braille-embossed aluminium can Lid
Ball Corporation and Minalba Brasil have won Fast Company's 2024 Innovation by Design Award in the Latin America category for their braille-embossed aluminium can lid. This innovative lid, the first of its kind in the Brazilian market, features braille options for both water ("agua") and sparkling water ("agua gas"). "We teamed up with Minalba Brasil to help remedy a prevalent yet complex issue in the visually impaired community: reading can labels. Together, we created an aluminium can with a braille-embossed lid that helps individuals with visual impairments know what they're grabbing from the cooler," said Ball Corporation. About the significant breakthrough Hugo Magalhães, Ball's Global Director of Marketing, explained that this breakthrough is significant because braille is...
Zimbabwe-based aluminium sulphate manufacturer plans to expand its regional reach in Africa
Aluminium sulphate producer Chilmund Chemicals is preparing to export its water treatment chemicals to several regional countries as a part of its strategy for regional expansion. During the Southern African Development Community (SADC) Industrialisation Week, Business Development Director Mr Nicholas Bhero revealed that production had surged three-fold since the company's inception, creating a surplus that will be exported to neighbouring nations. Chilmund Chemicals Pvt Ltd is a global leader in water solutions, specializing in producing water treatment chemicals. The company's flagship product is manufactured at its state-of-the-art plant in Bindura, Zimbabwe, and provides comprehensive water solutions to diverse markets across Africa. What is aluminium sulphate Aluminium sulphate is a...
Chalco Shandong Advanced Material earns ASI CoC standard V2 certification for producing high-end alumina products
Aluminium Stewardship Initiative (ASI) announced that Chalco Shandong Advanced Material Co., Ltd has achieved certification against the ASI Performance Standard V3 and Chain of Custody (CoC) Standard V2 Certification (2022). The facility's key production processes include raw material slurry preparation, clinker sintering, leaching, red mud separation and washing, liquor purification, evaporation, seeding, and product packaging. The products from Chalco Shandong Advanced Material which are primarily used as fillers and additives in chemical and glass manufacturing industries, have been certified by the Aluminium Stewardship Initiative (ASI). This certification was achieved after the facility underwent rigorous independent, third-party audits conducted by DNV Business Assurance Services UK...
Downward trend in LME aluminium price persists, plummeting by US$42/t; SHFE price gains US$21/t
The previous trading day, LME aluminium opened at US$2,249.5 per tonne, hit a high of US$2,253 per tonne and a low of US$2,209.5 per tonne, and closed at US$2,238 per tonne, down US$9 per tonne, or 0.40 per cent. The downward trend in the LME aluminium price since early July continues unabated. As per the data yesterday (Tuesday, July 30), both the cash bid price and official settlement price plummeted by US$42 per tonne or 1.90 per cent to settle at US$2,161 per tonne and US$2,161.50 per tonne. As the world’s largest consumer of aluminium, China’s economic slowdown and disappointing demand have significantly impacted aluminium prices. Despite expectations of mild stimulus from Beijing, the anticipated uptick in spring activity has not materialized. On the same day, 3-month bid price and...
Hu’chu GmbH together with Speira, launches new eco-friendly yacht featuring 90% recycled aluminium
German yacht design and engineering studio iYacht has unveiled the Hu'chu 55, a substantial 55-foot solar-electric sailing catamaran made of 90 per cent recycled scrap aluminium. The yacht belongs to renowned actor, film producer, and environmental entrepreneur Daniel Roesner. Designed in collaboration with Speira Designed by iYacht, the eco-friendly vessel is the outcome of collaboration between Hu’chu GmbH and Speira. The yacht features recyclable and recycled materials like aluminium specially designed for the yacht. This substantial use of aluminium scrap reduces the material's CO 2 footprint to less than 2 kg CO 2 /kg of aluminium sheet, just one-eighth of the market average. Speira has developed a 5083 aluminium alloy for the catamaran that boasts an unprecedented level of recycled...
Strategic alliance between Shanghai Electric & Chinalco to propel green energy innovation in China
On July 11, Duan Xiangdong, Secretary of the Party Group and Chairman of Aluminum Corporation of China (Chinalco Group) had an in-depth conversation with Dr. Wu Lei, Secretary of the Party Committee and Chairman of Shanghai Electric Group. The talks focused on deepening their cooperation and advancing high-quality development, resulting in several significant agreements. About the partnership Duan expressed his hope for enhanced communication and cooperation between the two organisations to explore new development opportunities and jointly advance the optimisation and upgrading of the green energy industry chain.This partnership aims to foster deep cooperation in new energy, technological innovation, and market expansion, ultimately advancing the green energy industry and contributing...
Mostafa Madbouly & Mohamed Shimi assess progress in Egypt’s key industrial sectors like aluminium
Egyptian Prime Minister Mostafa Madbouly met with Minister of Public Enterprise Sector Mohamed Shimi to review progress on industrial projects across the textile, aluminium, and automotive sectors. Shimi provided a detailed update on the initiatives within the Holding Company for Spinning, Weaving, and Ready-Made Garments. He announced that the company has streamlined its structure by reducing its subsidiaries from 31 to 9 and has created a dedicated sales and marketing subsidiary. This reorganisation is designed to improve the efficiency of the spinning and weaving industry. Additionally, the company is conducting trials on short-staple cotton cultivation to lower foreign currency expenditures, enhance cotton fibre quality, and boost yield per feddan. Aluminium in Egypt Regarding...
LME aluminium price hits over 4-month low owing to lacklustre condition in China; SHFE price loses US$37/t
The previous trading day, LME aluminium opened at US$2,287 per tonne, reached a high of US$2,299 per tonne, a low of US$2,239.5 per tonne, and closed at US$2,247 per tonne, down US$34 per tonne, a decrease of 1.49 per cent. As per the LME data, aluminium prices on Monday stood at their lowest in almost 4-month amid growing concerns about demand in China, the top consumer. On Monday, July 29, both LME aluminium cash bid price and LME aluminium official settlement price declined by US$25.5 per tonne or 1.14 per cent to settle at US$2,203 per tonne and US$2,203.50 per tonne. As per the price graph, the LME aluminium benchmark price has been witnessed since the beginning of July. The Chinese government has opted not to implement targeted stimulus measures to counter the significant slowdown...
EPO charges two Chinese nationals of dodging anti-dumping duties on aluminium foil imports
The European Public Prosecutor’s Office (EPPO) in Cologne, Germany, has filed charges against two Chinese nationals for evading anti-dumping duties through a German company. The charges relate to 20 instances of aluminium foil imports into Germany. The defendants are allegedly accused of falsely declaring tariff numbers or the country of origin (Myanmar instead of China) to avoid paying the required duties. This alleged fraud resulted in a total loss of €474,903.94. Additionally, one of the defendants is accused of selling aluminium foil directly to German customers through a Myanmar-based company, while concealing that the foil was manufactured in China. This deception caused the German customers to submit false customs declarations, leading to additional damages totalling €156,133.36....
Ardagh Group’s adjusted EBITDA stands at $178 million in Q2 2024; Global beverage can shipments up by 3%
Ardagh Group, a global supplier of infinitely recyclable metal and glass packaging for the world’s leading brands, announced its results for the second quarter (Q2) ended June 30, 2024. Revenue for the three months ending June 30, 2024, rose by $4 million to $1,259 million, up from $1,255 million in the same period of 2023. Adjusted EBITDA Adjusted EBITDA also saw an increase, rising by $27 million to $178 million for the same period, up from $151 million the previous year. On a constant currency basis, Adjusted EBITDA grew by 18 per cent, driven by higher recovery of input costs and favourable volume/mix effects. This increase was somewhat offset by higher operating costs. When adjusted for constant currency, revenue remained steady compared to the prior year. This stability is mainly...
LME aluminium price closes the week with a rise of US$10.5/t; SHFE price falls to US$2648/t
The previous trading day, LME aluminium opened at US$2,275 per tonne, hit a high of US$2,298 per tonne and a low of US$2,270 per tonne, and closed at US$2,281 per tonne, up US$3.5 per tonne, or 0.15 per cent. On Friday, July 26, both LME aluminium cash bid price and LME aluminium official settlement price moved up by US$10.5 per tonne or 0.47 per cent to settle at US$2,228.50 per tonne and US$2,229 per tonne. As per the LME data, 3-month bid price and 3-month offer price added US$13 per tonne or 0.57 per cent to clock at US$2,288 per tonne and US$2,289 per tonne. December 25 bid price and December 25 offer price ascended by US$17 per tonne or 0.69 per cent to dock at US$2,447 per tonne and US$2,452 per tonne. LME aluminium opening stock came in at 943675 tonnes. Live warrants and...
