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.
A legacy of quality: PCW and Capral Aluminium mark 20 years of success together
Emerging from the success of "Palmer Aluminium," a thriving commercial window enterprise of the 1990s and early 2000s, PCW Commercial Windows stands as a beacon of perseverance, ingenuity, and strategic collaboration, spearheaded by Leigh Spinks alongside partners Ross Farrelly and Jay Atkins. PCW's enduring and fruitful partnership with Capral Aluminium, which spans over two decades, stands at the core of its success. Capral's unwavering dedication to innovation, quality, and environmental sustainability seamlessly aligns with PCW's values and overarching objectives. Managing Director Leigh Spinks said, "We service builders from anywhere from south of Sydney all the way through the north of Newcastle and Central Coast, where I would probably think we would be one of the preferred...
Bauxite Titans of 2023: Unveiling the top bauxite producing countries
In 2023, the global bauxite industry experienced substantial changes, marked by shifts in production, trade dynamics, and pricing patterns. Australia, Guinea, and China emerged as key players shaping the worldwide bauxite market landscape. In 2023, global bauxite production was estimated to show a positive growth rate of 5.26 per cent, a significant rebound from the (-) 1.04 per cent decline witnessed in 2022 compared to the previous year. As per AL Circle’s “Global ALuminium Industry Outlook 2024” report , the estimated total global bauxite production for 2023 is expected to cross 400 million tonnes. This increase is mainly attributed to the heightened production levels in key bauxite-producing countries such as Australia, Guinea, and others. Australia is anticipated to hold its position...
China’s A00 aluminium ingot price stands above RMB20100/t post Qingming Festival; Low carbon aluminium price expands to RMB21002/t
On Monday, April 8, China’s A00 aluminium ingot price expanded by RMB 360 per tonne to settle at RMB 20,110 per tonne. The spot contract price is expected to be traded at a discount price of RMB 110 per tonne to RMB 70 per tonne. The average prices may range between RMB 20,090 per tonne and RMB 20,130 per tonne. The domestic aluminium ingot price on M-o-M calculation has shot up by RMB 950 per tonne from RMB 19,160 per tonne recorded on March 8. As of today, the prices have shown growth in all the provinces, with the highest in Shenyang, where they have surged by RMB 420 per tonne to arrive at RMB 20,070 per tonne. This was followed by a hike of RMB 390 per tonne in Tianjin to RMB 20,110 per tonne. In Foshan and Chongqing, the A00 aluminium ingot prices have surged by RMB 370 per tonne...
Primary aluminium weekly: Chinalco & Rio Tinto CEOs discuss mutual growth strategies focussing on the aluminium industry
At the Chinalco Group headquarters on March 24, Chairman Duan Xiangdong met with Jakob Stausholm, CEO of the Rio Tinto Group, and his accompanying delegation. The discussions were thorough, emphasising the enhancement of practical collaboration to attain mutually advantageous growth. India's diversified natural resources firm Vedanta Limited disclosed its operational results for Q4 FY2024 and the full year on Thursday, April 4. The company unveiled production figures for both aluminium and alumina. Vedanta reported that its aluminium output volume for Q4 FY2024, concluding on March 31, reached 598,000 tonnes. This marked a 4% year-on-year rise from 574,000 tonnes. Press Metal Aluminium Holdings Berhad, a Malaysian-based integrated aluminium producer, is expected to report a greater net...
Guangtou Beihai Aluminum Phase 1 Project to produce 2 million tonnes of alumina
A significant groundbreaking ceremony marked the commencement of the annual production of 2 million tonnes of alumina and the establishment of the red mud transportation and storage facilities for the Guangxi Guangtou Beihai Green Ecological Aluminum Phase I Project. This project is of paramount importance on the premises of Guangxi Guangtou Lingang Industrial Co., Ltd., in Xinggang Town. The primary construction objectives encompass a range of unit projects. These include the construction and installation of pivotal components such as red mud pressure filtration systems transportation infrastructure for red mud filter cakes pipelines for red mud transportation the red mud return pump room the red mud yard, the management station for the red mud yard and the domestic sewage treatment...
Bang & Olufsen, in collaboration with ADER ERROR unveils limited edition speakers featuring aluminium parts
In a harmonious fusion of style and sound, Bang & Olufsen has joined forces with the visionary minds of ADER ERROR to unveil a striking collaboration. This unique partnership introduces a sleek portable speaker featuring aluminium stand and and complementary accessories, showcasing ADER ERROR's distinctive vision intertwined with Bang & Olufsen's renowned craftsmanship. About the speaker Dubbed 'The Blueism,' this collection embodies a movement focused on uniting communities through the innovative fusion of music and fashion. The signature Z-blue colour distinguishes the collection, a nod to the fashion brand's identity. The ADER ERROR speaker stand is a transformative addition to the Beosound A1, elevating it into a captivating piece of art that seamlessly melds ADER's design ethos with...
Chinese economic boost propels LME base metals prices to move upwards
The London Metal Exchange (LME) witnessed significant price surges across base metals following optimistic macroeconomic reports from China, with all metals marking gains by Wednesday, 3 March. Three-month aluminium futures showed a modest uptick of 2 per cent to reach $2,429 per tonne (t), while nickel exhibited a 1.8 per cent rise to $17,339 per tonne. Copper prices settled at $9,262 per tonne, and zinc experienced a notable increase of 2.7 per cent to $2,548 per tonne. Lead prices also climbed by 3 per cent to $2,082 per tonne. Meanwhile, stocks at LME-registered warehouses displayed a mix of trends during this period. Prices of non-ferrous metals In Delhi, spot prices for ADC12 alloy ingots surged by INR 2,000 per tonne (t) to reach INR 213,000 per tonne. Tensions in offers were noted...
Premium aluminium windows & door brand Alteza enters the Maharashtra market
Aparna Enterprises Limited (AEL), one of India's rapidly expanding manufacturers of building materials, has announced the debut of its premium aluminium windows and doors brand, Alteza, in the Maharashtra market. Pune the first point The company's strategic plan begins with Pune as its focal point. It intends to broaden its presence across the state, targeting pivotal cities such as Nagpur, Kolhapur, Nashik, Aurangabad, and Vidarbha. With a determined vision, AEL sets its sights on attaining a notable 5 per cent market share within Maharashtra during the initial year of operations. Maharashtra's aluminium windows and doors sector boasts an estimated value exceeding INR 600 crore, demonstrating a national Compound Annual Growth Rate (CAGR) exceeding 20 per cent. Pune, acclaimed as a...
UK's Clean Harbours Partnership pushes for aluminium anodes over zinc for boat hulls
The UK's Clean Harbours Partnership is promoting the adoption of aluminium anodes over conventional zinc ones on their boat hulls. They encourage boat owners to transition from zinc to lighter and more efficient aluminium anodes, citing benefits for performance enhancement and environmental friendliness. In 2023, the application of aluminium in ships, yachts, and water vessels continued to grow, driven by its several advantages over traditional materials like steel. The partnership highlights its investigation into the discharge of metals, particularly copper and zinc, into the ocean. According to findings from the Institute of Marine Sciences at Portsmouth University, an estimated 900 tonnes of zinc were likely released into coastal and inland waters in 2020, primarily attributed to...
Raw material shortage raises India's ADC12 aluminium ingot price W-o-W
The spot prices for Aluminium ADC12 alloy ingot, equivalent to automobile grade, saw a modest rise of INR 2,000 per tonne to reach INR 213,000 per tonne week-on-week (w-o-w) exw Delhi, excluding GST. In the current market, firm offers are noted in Delhi and Chennai at INR 182,000-183,000 per tonne. However, the workable levels in Chennai hover around INR 181,000 per tonne. Notably, the spot price for ADC12 in Chennai has climbed to INR 215,000-216,000 per tonne exw on immediate terms, excluding GST, marking an increase of up to INR 3,000 per tonne compared to the previous week. Original Equipment Manufacturer (OEM) prices for ADC12 are currently under spot prices due to long-term contracts. "At present, we're exclusively fulfilling ADC12 orders through bulk contracts at fixed prices and...
LME aluminium price surges by US$60.5/t boosted by strong Japan premiums; SHFE market is closed for the Qingming Festival
Aluminium showed strong performance yesterday, supported by factors like higher premiums in Japan and better-than-expected economic data from China, which countered worries about reduced demand from the world's largest consumer. Additionally, encouraging news from U.S. manufacturing, showing expansion for the first time in 1 1/2 years, added to the optimism surrounding demand outlooks. On Thursday, April 4, both LME aluminium cash bid price and LME aluminium official settlement price surged by US$60.5 per tonne or 2.59 per cent to settle at US$2,394 per tonne and US$2,394.50 per tonne. 3-month bid price and 3-month offer price expanded by US$61 per tonne to halt at US$2,439 per tonne and US$2,440 per tonne. December 25 bid price and December 25 offer price hiked by US$38 per tonne or 1.47...
Boa Sorte, Hydro Rein's milestone solar plant project begins its commercial operations in Brazil
The 438-megawatt (MW) solar complex, Boa Sorte, located in Minas Gerais, Brazil, has commenced its commercial operations. This expansive power plant is set to provide renewable energy to the Albras aluminium smelter. The solar plant, which comprises multiple projects, is the result of collaboration between renewable energy solution providers Hydro Rein and Atlas Renewable Energy, alongside Albras. Albras is a joint venture between Hydro and Nippon Amazon Aluminium Co. Ltd. (NAAC). About Boa Sorte With its substantial installed capacity of 438 MW, Boa Sorte is projected to generate approximately 920 gigawatt-hours (GWh) annually. This output is equivalent to powering over 394,000 Brazilian households with clean, sustainable energy. Boa Sorte marks the second significant solar plant project...
LME aluminium benchmark price hikes by US$11.5/t ; SHFE market will remain closed for the Qingming Festival
On Wednesday, April 3, LME aluminium cash bid price and LME aluminium official settlement price hiked by US$11.5 per tonne or 0.49 per cent to stand at US$2,333.50 per tonne and US$2,334 per tonne. As per the LME data, 3-month bid price and 3-month offer price hiked by US$15.5 per tonne or 0.65 per cent and US$17 per tonne or 0.71 per cent to clock at US$2,378 per tonne and US$2,380 per tonne. December 25 bid price and December 25 offer price gained US$17 per tonne or 0.66 per cent to peg at US$2,580 per tonne and US$2,585 per tonne. LME aluminium opening stock came in at 541350 tonnes. Live warrants and Cancelled warrants settled at 326475 tonnes and 214875 tonnes. LME aluminium 3-month Asian Reference Price expanded by US$23.98 per tonne or 1.01 per cent to halt at US$2,378.44 per...
Green Yip takes helm as the regional managing director for L’OCCITANE Group’s travel retail division
The L'OCCITANE Group, a leading figure in premium sustainable beauty and wellness and a certified B Corporation, has appointed Green Yip as the Regional Managing Director for Travel Retail in APAC (Asia Pacific Region), effective immediately. In this pivotal role, Green Yip will shape the future trajectory of L'OCCITANE Travel Retail with the unwavering support of the Group's seasoned Global and APAC Travel Retail teams. The L'OCCITANE Travel Retail campaign was a highly successful campaign carried out by the company in collaboration with Gebr. Heinemann. The four-month campaign emphasised the brands' sustainability goals by using 95% post-consumer recycled aluminium in their packaging. With a commendable 15-year journey marked by leadership prowess and a consistent record of...
Hyundai revokes MoU with Adaro Minerals' coal-powered aluminium smelter over climate concern outcry by K-Pop fans
The Hyundai Motor Company has announced its decision to cancel the Memorandum of Understanding (MoU) it had in place to procure aluminium from the new 1.1GW coal power plant-powered smelter in North Kalimantan, Indonesia. This plant is operated by Adaro Minerals, a subsidiary of Adaro, the second-largest coal mining company in Indonesia. This move by Hyundai comes a year after the launch of the "Hyundai, Drop Coal" campaign by the fan-driven climate platform Kpop4Planet in March 2023. Over 11,000 K-pop fans had signed a petition urging Hyundai to withdraw from the agreement and opt for materials manufactured from renewable energy sources, particularly solar and wind, for their car production in Indonesia. By shifting to renewable energy sources like solar and wind, the aluminium industry...
Rising LME futures & supply crunch propel India’s imported aluminium scrap prices upward
Imported aluminium scrap prices in India increased slightly, bolstered by the rising trend in LME (London Metal Exchange) futures prices and persistent supply shortages. As reported, the three-month LME price stood at around $2,375 per tonne, marking a 2.4 per cent increase compared to the previous week's price of $2,319 per tonne. Concurrently, stocks were noted at 554,475 tonnes, indicating a 1 per cent decline week-over-week. According to assessments provided by BigMint, aluminium imported scrap prices in India have climbed by as much as 2.5 per cent, which aligns with the upward trajectory of aluminium futures. Tense scrap originating from the UAE experienced a $30 per tonne increase, reaching $1,880 per tonne. Similarly, Zorba 95/5 of UK origin saw a $10 per tonne uptick, settling at...
NALCO’s FY23-24 cast metal production hits a new high at 4,63,428 tonnes
National Aluminium Company Ltd. (NALCO), the country’s leading manufacturer and exporter of alumina and aluminium, set new production and sales records for FY23-24. The company has achieved its: highest-ever cast metal production of 4,63,428 tonnes highest-ever bauxite excavation of 76,00,230 tonnes the highest-ever metal sale of 4,70,108 tonnes This new milestone has surpassed all the previous records since its inception. In FY 23-24, the company also added a new aluminium alloy ingot (AL-59) to its product range. With an impressive 101.15 per cent capacity utilisation, NALCO's alumina refinery has produced 21,24,000 tonnes of alumina hydrate, while the captive power plant has generated a gross of 7193.62 million units of power. Noteworthy achievements include developing and...
China’s A00 aluminium ingot price grows to RMB19,750/t; Low-carbon aluminium price gains RMB171/t
On Wednesday, April 3, China’s A00 aluminium ingot price has gained RMB 170 per tonne to settle at RMB 19,750 per tonne, with the spot contract price expected to be traded at a discount price of RMB 110 per tonne to RMB 70 per tonne. The average prices are expected to range between RMB 110 per tonne to RMB 70 per tonne. On the same day, the prices in Foshan and Tianjin have surged RMB 200 per tonne and RMB 190 per tonne to clock at RMB 19,720 per tonne. In Gongyi and Wuxi, the domestic aluminium ingot prices have gained RMB 180 per tonne to reside at RMB 19,670 per tonne and RMB 19,750 per tonne. As per the SMM data, the A00 aluminium ingot prices in Shenyang and Linyi have hiked by RMB 150 per tonne to clock at RMB 19,650 per tonne and RMB 19,750 per tonne. In Hangzhou, the price has...
