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.
Sustainability weekly recap: Vedanta Aluminium aims to increase the share of renewable energy to 30% by 2030
Terms like renewable, eco-friendly, green energy, sustainable, emission reduction, have become the talk of the hour. Almost every company are looking for ways to shift towards sustainable practises. Traditionally, aluminium manufacturing has been energy-intensive, but a renewed emphasis on sustainability has propelled the adoption of inventive methods. These include a shift towards renewable energy sources, heightened attention to recycling endeavours, and the advocacy for ethically sourced raw materials. The aluminium industry is undergoing a significant transformation, with a strong emphasis on sustainability, where recycling plays a vital role, making it a top priority for producers and consumers. The industry's focus has shifted towards implementing eco-friendly practices and...
India’s aluminium scrap imports maintain the upward trajectory, rising by 5% M-o-M in April’24
In April 2024, India's imports of aluminium scrap continued their upward trajectory, growing by 5 per cent from the previous month, according to provisional data from BigMint. This followed a notable 18 per cent surge in March. However, compared to last year's corresponding period, import volumes declined marginally by 4 per cent. April 2024 witnessed a total import of 135,816 tonnes of aluminium scrap, reflecting a modest improvement from the preceding month's 128,861 tonnes. Nevertheless, this figure fell short of April 2023's import volume of 141,894 tonnes. Market dynamics Despite the slight uptick in aluminium scrap arrivals in India during March and April, the volumes remained subdued compared to last year's corresponding period (CPLY). The primary factor behind this deceleration in...
Dong Jianxiong and Luciano Alves visit Baotou Aluminum to discuss future collaborations
Dong Jianxiong, the Vice General Manager of Chinalco Group and Chairman of Chinalco Shares, and Luciano Alves, CEO of Companhia Brasileira de Aluminio (CBA), visited Baotou Aluminum on May 8. During the visit, Alves and his delegation toured several key production sites, including the intelligent production and centralised control centre, Huayun Electrolytic Plant 1, and Huayun Electrolytic Thermal Power Plant 2. About the visit Zhu Runzhou, the General Manager of Chinalco and Deputy Party Secretary, was also present during the visit. They also examined the unattended intelligent laboratory system for incoming coal. The visit facilitated in-depth discussions on various topics, such as electrolytic production, digital intelligent control, green, low-carbon energy-saving technologies, and...
Guizhou Gui Aluminium, the first in Qingzhen to achieve the three-level safety production standardisation
On May 14, 2024, in line with Guizhou Gui Aluminium New Materials’ safety production standardisation establishment arrangement, a team of five evaluators from the Qingzhen Emergency Management Bureau conducted an on-site assessment. Following a thorough review, Guizhou Gui Aluminium New Materials successfully passed the evaluation and acceptance process. About the evaluation This achievement makes Guizhou Gui Aluminium New Materials Co., LTD. the first enterprise in Qingzhen's aluminium rolling processing industry to accept safety production standardisation. The evaluation focused on the company's efforts to achieve three-level safety production standardisation. The review team evaluated 13 aspects, including laws and regulations, safety systems, production equipment and facilities, and...
Average alumina spot price in China shows W-o-W growth of 3.38%; A00 aluminium ingot price moves up to RMB20790/t
On Friday, May 24, the average alumina spot price in China gained RMB 30 per tonne, settling at RMB 3,845 per tonne. As per the SMM data, a surge of RMB 126 per tonne or 3.38 per cent was recorded W-o-W from RMB 3,719. The alumina prices as of today have shown growth in all the provinces, with Shandong, Henan and Shanxi recording a growth of RMB 30 per tonne to halt at RMB 3,820 per tonne, RMB 3,840 per tonne and RMB 3,855 per tonne. On the same day, the prices in Guangxi and Guizhou also witnessed the same price hike, which settled at RMB 3,845 per tonne and RMB 3,880 per tonne. A00 aluminium ingot price On the same day, China’s A00 aluminium ingot price moved up by RMB 40 per tonne to settle at RMB 20,790 per tonne. The spot contract price is expected to be traded at a discount of RMB...
Cast speakers: A masterpiece of design & sound featuring marine-grade aluminium
Tom Fereday, an acclaimed industrial designer, has joined forces with bespoke speaker maker Pitt & Giblin to unveil the awe-inspiring Cast speaker. Crafted from premium aluminium and top-notch components, Cast is a testament to meticulous design and engineering prowess. A part of Fereday's latest exhibition Sculpted using marine-grade aluminium, the speaker known as Cast stands as a towering testament to design innovation. Assembled in a totem-like fashion, its top-heavy structure houses four powerful loudspeaker elements, delivering a formidable sound experience. Weighing a substantial 45kg and towering at 80cm, Cast commands attention with its physical presence, matched only by its mighty audio performance. Presented as part of Fereday's latest exhibition, 'Aver', in the vibrant...
CSRC greenlights Ningbo Xusheng Group's convertible bonds for Shanghai Stock Exchange listing
On May 11th, a significant development took place as the China Securities Regulatory Commission (CSRC) granted approval for Ningbo Xusheng Group Co., Ltd.'s registration of convertible bonds with an undisclosed issuer. This endorsement by the CSRC paves the way for Xusheng Group's convertible bonds to be listed on the main board of the Shanghai Stock Exchange, a testament to the company's financial stability and potential for growth. It is reported that the Xusheng Group plans to issue convertible bonds totalling at most RMB 2,800,000,000. After deducting issuance expenses, the funds will be allocated to various projects, including: new energy vehicle powertrain projects, key parts projects for lightweight vehicles, green manufacturing projects for lightweight structural parts of...
Chinalco announces its ambitious Dual Carbon and Digital Intelligence Action Plans at the Fuzhou Conference
On May 10, Chinalco's high-end dual carbon and digital intelligence action plan conference was held in Fuzhou. During the meeting, Chinalco unveiled its high-end "Digital Intelligence Action Plan (2024-2026)" and "Dual Carbon Action Plan." Chinalco Ruimin, recognised for its exemplary transformation in dual carbon and digital intelligence, shared successful practice cases. Additionally, Aluminum Intelligence and Colour Technology provided professional support reports. Li Xiehua, Deputy Secretary of the Party Committee and General Manager of Chinalco attended the meeting and delivered a speech. Tang Yong, Deputy General Manager of Chinalco, and Qu Ming, Assistant General Manager, were also present. About the conference After the conference, participants toured several key facilities,...
Benefits and usage of the 3003 aluminium plate for power battery shell material
The 3003 aluminium plate, a standout rust-proof material, finds widespread use in diverse applications. Its strength, though not exceptional (marginally higher than industrial pure aluminium), is not amenable to enhancement through heat treatment. Instead, its mechanical properties are elevated through the use of cold working techniques. The 3003 alloy exhibits remarkable plasticity when annealed, good plasticity when semi-cold worked, and low plasticity when cold worked, making it a versatile material. Additionally, it offers excellent corrosion resistance and weldability. It can be used in multiple products like blinds, lamp caps, ultra-wide curtain walls, and power battery casings. Also, aluminium as a metal is increasingly recyclable and is becoming an essential component of the...
LME aluminium benchmark price drops by US$20/t; SHFE price loses US$11/t
The previous trading day, LME aluminium opened at US$2,710.5 per tonne, reached a high of US$2,749 per tonne and a low of US$2,621 per tonne, and closed at US$2,640.5 per tonne, down US$75 per tonne, a decrease of 2.76 per cent. On Wednesday, May 22, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$19 per tonne or 0.71 per cent and US$20 per tonne or 0.75 per cent to settle at US$2,624 per tonne and US$2,625 per tonne. 3-month bid price and 3-month offer price contracted by US$31 per tonne or 1.14 per cent to stand at US$2,672.50 per tonne and US$2,673 per tonne. December 25 bid price and December 25 offer price also dwindled by US$43 per tonne or 1.52 per cent to clock at US$2,772 per tonne and US$2,777 per tonne. LME aluminium opening stock...
Ongoing security issues at Chaman negatively impact PABC’s financial stability
Pakistan Aluminum Beverage Cans Limited (PABC) has reported that the "ongoing security issues" in Chaman are likely to negatively impact its export revenue to Afghanistan, as trade with the neighbouring country has already been severely restricted. Additionally, the company has observed a nearly 25 per cent Y-o-Y decline in local order bookings. "We anticipate a negative impact on our order bookings during the peak season," the company stated. Protests have been ongoing in Chaman since October 2023, involving workers and supporters from various political parties and local traders' organizations. These demonstrations have significantly disrupted bilateral trade between Pakistan and Afghanistan, including transit trade. In October of last year, the government's apex committee decided to...
Qatalum secures ASI v3 recertification, highlighting its commitment towards sustainability
Qatalum, a joint venture aluminium smelter between Qatar Petroleum and Norsk Hydro, has been successfully recertified to the latest version (v3) of the Aluminium Stewardship Initiative (ASI) Performance Standard. ASI, a globally recognized non-profit organization, plays a pivotal role in setting standards and providing certification for the aluminium industry. The Performance Standard, which Qatalum has held since April 2022, is a testament to the company's adherence to internationally recognized ESG principles and criteria that address various sustainability issues. Qatalum CEO stated, “Recertification to the latest ASI standard demonstrates Qatalum’s commitment not only to sustainability but also to transparency and good governance. This achievement is a product of our culture of...
DeSpray aerosol recycling systems mark its entry into the Asia Pacific market
Netherlands-based DeSpray Environmental, a Dutch innovator in aerosol recycling technology, has announced a significant long-term contract with Australian-based ARRG Waste to supply DeSpray aerosol recycling systems. The machines are known for recycling aerosol cans composed of aluminium and other metals. This milestone agreement, unveiled at the IFAT exhibition in Munich, Germany, marks the first time DeSpray's 100 per cent aerosol recycling machines will be shipped to Australia and the Asia Pacific region. Under this multi-million-dollar contract, DeSpray will become a long-term partner, providing 100 per cent aerosol recycling machines to multiple ARRG Waste locations. Headquartered in Chinchilla, Queensland, ARRG Waste offers various waste management and recycling services. It is...
Shandong Xintong Aluminum joins AL Biz, the world’s first global marketplace connecting millions of buyers & sellers
Shandong Xintong Aluminum Technology Co., Ltd. stands at the forefront of the aluminium industry and is distinguished by its specialisation in producing top-tier aluminium products. In a significant move towards furthering its commitment to excellence, Shandong Xintong Aluminum recently joined the AL Biz platform, the world's first global marketplace that connects millions of buyers and sellers across the entire aluminium value chain. The company has been successfully registered under the world's first B2B platform with 2100+ certified aluminium product sellers. This onboarding is poised to bring about synergies that will enhance the company's capabilities and open up new avenues for growth and development. Shandong Xintong Aluminum joining the AL Biz platform reflects its...
Missouri-based producer of construction materials acquires Pocahontas Aluminum Company
WinTech of Missouri, a producer of construction industry materials, has acquired Pocahontas Aluminum Company, a window and door manufacturer located in Pocahontas. Established in 1963, Pocahontas Aluminum Company produces materials for various industries, including modular homes, food trucks, and deer blinds. Although the terms of the deal were not disclosed, WinTech President Jack Williams expressed his enthusiasm for the merger of the two companies. “We are thrilled to welcome Pocahontas Aluminum Company into the WinTech family. This acquisition represents an exciting opportunity to combine the strengths and expertise of two great companies, driving greater value for our customers and employee-owners. Together, we will leverage our collective resources and capabilities to improve...
China’s A00 aluminium ingot price marks W-o-W surge of RMB620/t; Alumina price soars by RMB42/t
On Wednesday, May 22, China’s A00 aluminium ingot price expanded by RMB 330 per tonne to settle at RMB 21,090 per tonne, with the spot contract price expected to be traded at a discount price of RMB 160 to RMB 120 per tonne. On a W-o-W calculation, the domestic aluminium ingot price has surged by RMB per tonne from RMB 20,470 per tonne, as recorded on April 22. The price has also skyrocketed by RMB 2,720 per tonne Y-o-Y from RMB 18,370 per tonne recorded on May 22, 2023. A00 aluminium ingot prices in other regions As of today, the average prices may stand between RMB 21,070 per tonne and RMB 21,110 per tonne. On the same day, the A00 aluminium ingot prices in regions like Gongyi and Foshan have hiked by RMB 390 per tonne and RMB 350 per tonne to clock at RMB 20,970 per tonne and RMB...
China set to assist Tajikistan in modernising Tajik Aluminum Company
Eurasianet reported on May 20 that China is set to assist Tajikistan in completing several major infrastructure projects, including modernising the Tajik Aluminum Company (TALCO), the country's largest industrial enterprise. TALCO has recently increased its output, producing over 66,000 tonnes of primary aluminium in 2023, marking a 7 per cent rise from the previous year's total. Chinese and Tajik officials signed a protocol Earlier in May, Chinese and Tajik officials reportedly signed a protocol during an intergovernmental meeting in Beijing, detailing plans for China to assist Tajikistan in several significant projects. These include the modernisation of TALCO, infrastructure developments in Dushanbe, the construction of a logistics centre in Danghara, and the upgrade of a highway in...
US DOC releases the initial anti-dumping conclusion on aluminium products from Vietnam
The US Department of Commerce (DOC) recently released its preliminary findings from the anti-dumping investigation into Vietnamese aluminium extrusions and products. This information comes from the Trade Remedies Authority of Vietnam, under the Ministry of Industry and Trade. The investigation, initiated on October 24, 2023, in response to a request by the US United Steel, Paper & Forestry, Rubber, Manufacturing, Energy, Allied Industrial & Service Workers International Union, covers the period from April 1 to September 30, 2023. The DOC has imposed a preliminary anti-subsidy tax rate of 2.85 per cent on a mandatory defendant enterprise and 28 other firms. In comparison, 41.84 per cent has been levied on the remaining companies. According to the authority, an on-site examination of the...
