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.
Rio Tinto and Chinalco group discuss strategic partnership, eye industry growth
On March 24, at the headquarters of the Chinalco Group, Chairman Duan Xiangdong hosted a meeting with Jakob Stausholm, CEO of the Rio Tinto Group, along with his accompanying delegation. The discussions were extensive, focusing on advancing practical collaboration to achieve mutually beneficial growth. The collaboration between Chinalco Group and Rio Tinto Group has entered a new phase in history. As Chinalco Group's largest single shareholder, this partnership fosters mutual learning and synergy between the two entities. It holds significant importance for the organised and sustainable development of the global aluminium industry. About the meeting In recent days, extensive exchanges and discussions have occurred between the two parties regarding the specifics of project cooperation,...
smartwater comes in a new format: Launches sleek 12-oz. aluminium cans for hydration-on-the-go
smartwater fans can now enjoy their favourite crisp, vapour-distilled hydration in a new format. The pioneering brand, known for its innovative offerings since its debut nearly three decades ago, introduced 12-oz. aluminium cans with a fresh, sophisticated look. These cans provide a functional and elevated consumption experience for all occasions. Starting April, smartwater original and smartwater alkaline with antioxidants will be available on shelves across the United States in single 12-oz. cans. This marks the first time vapour-distilled water is offered in this format. Additionally, 8-packs will be available alongside the brand's existing portfolio of bottled options. "As the leading premium water brand, we have a responsibility to constantly iterate, improve and meet consumers where...
Purdue's PSP-AC team advances rocketry with the TADPOLE propulsion system featuring aluminium thrust chamber
Undergraduate students from Purdue University's PSP-AC team recently partnered with Elementum 3D for their groundbreaking TADPOLE propulsion system. Elementum 3D printed the aluminium combustion chamber, cooling circuit, and nozzle as a single integrated component through laser powder bed fusion. The students are harnessing additive manufacturing (AM) to push the boundaries of vertical take-off and vertical landing (VTVL) technology with support from Elementum 3D. Their ongoing project aligns with the goals of the Collegiate Propulsive Lander Challenge (CPLC), where student teams are tasked with designing self-landing rockets. From this challenge emerged PSP-AC's innovative TADPOLE propulsion system. "We are honored to offer our team's AM knowledge, expertise, and technology to inspire...
Average alumina spot price in China dropped W-o-W by RMB14/t; SMM A00 aluminium ingot price hikes to RMB19,580/t
On Tuesday, April 2, the average alumina spot price in China lost RMB 2 per tonne to settle at RMB 3,299 per tonne. As per the SMM data, W-o-W, a fall of RMB 14 per tonne was witnessed from RMB 3,313 per tonne, as recorded on March 26. As of today, the prices in Henan and Shanxi have dropped by RMB 5 per tonne to score at RMB 3,320 per tonne and RMB 3,265 per tonne. However, the alumina prices have been experiencing a continuous downfall since March 25. The price on March 25, 2024, had stood at RMB 3318, followed by a fall of RMB 5 per tonne the next day. China’s A00 aluminium ingot price On the same day, China’s A00 aluminium ingot price hiked by RMB 60 per tonne to RMB 19,580 per tonne, with the average prices standing between RMB 19,560 per tonne and RMB 19,600 per tonne. The spot...
Elevate your space with these downstream aluminium product suppliers onboarded by AL Biz
Aluminium, often praised as the unheralded champion of contemporary materials, is crucial in forging a sustainable world. Its lightweight yet resilient qualities render it indispensable across various industries—from aerospace to automotive, construction to electronics. But beyond its versatility, aluminium's environmental merits genuinely come to the forefront. Companies worldwide are moving towards aluminium. Be it transportation, packaging, or even the downstream sector, the use of aluminium has shown incredible growth. In the hands of architects, aluminium emerges as a metal of boundless creativity, enabling the design of structures previously unattainable with wood, plastic, or steel. The global drive to reduce carbon footprints has cemented aluminium's status as a favoured metal in...
Former coal-fired power station to be the manufacturing hub of aluminium solar panels in Australia
Anthony Norman Albanese, the 31st Prime Minister of Australia, has recently announced that the New South Wales-based former coal-fired power station, Liddell, will be turned into a solar panels manufacturing hub. The upcoming Solar SunShot program project is expected to be a part of the $1 billion federal program. About the initiative The ultimate goal is to establish a robust supply chain, starting with producing glass for panels, followed by aluminium frames, and eventually, the solar photovoltaic cells, along with the pure polysilicon required for manufacturing. The initiative will help ramp up the production of solar panels within Australia. Although one in three Australian households has solar panels, marking the highest rate globally, only 1 per cent of these panels are domestically...
SHFE price gains US$11/t to US$2,718/t; LME closed for Good Friday Holiday
On Monday, April 1, the SHFE aluminium benchmark price has gained US$11 per tonne or 0.40 per cent to settle at US$2,718 per tonne. The most-traded SHFE 2405 aluminium contract opened at RMB 19,710 per tonne last Friday night, with its lowest and highest at RMB 19,645 per tonne and RMB 19,820 per tonne before closing at RMB 19,665 per tonne, up RMB 45 per tonne or 0.23 per cent. LME Aluminium Price On Friday, March 29, the LME market was closed during the Good Friday Holiday. However, on Thursday, March 28, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$32 per tonne or 1.43 per cent to settle at US$2,269.50 per tonne and US$2,270 per tonne. The 3-month bid price and 3-month offer price grew by US$24 per tonne or 1.05 per cent to close at US$2,310...
End user weekly recap: Polestar unleashes next-gen performance SUV, redefining CO2 reduction standards
The acclaimed electric car manufacturer Polestar revealed its latest breakthrough: the Polestar 3 performance SUV. This exceptional vehicle represents the epitome of automotive engineering and establishes a fresh standard for sustainability in the electric vehicle (EV) industry. Capri Sun Group has introduced a game-changing update to its beverage packaging range by unveiling recyclable pouches made from a combination of aluminium, PE, and PET materials. This advancement represents a significant milestone in Capri Sun's sustainability efforts, aiming to transform its packaging while minimising its environmental impact. Graphene Manufacturing Group Ltd. ("GMG") has received a substantial boost for its initiatives from the State Government of Queensland. The company has accepted funding...
Downstream aluminium recap: India launches anti-dumping probe on Chinese aluminium foil imports
The global aluminium downstream sector witnessed a lot of significant incidents this week. To begin with, India recently launched an anti-dumping probe into the import of aluminium foil from China, aiming to protect its domestic aluminium industry. This decision follows complaints lodged by major domestic players like Hindalco Industries, Shyam Sel & Power Ltd, and others, accusing Chinese exporters of dumping practices. Golden Aluminum was chosen by the U.S. Department of Energy's Office of Clean Energy Demonstrations on March 25th to enter into negotiations for potential funding of up to $22.3 million. Jinfei Kaida Wheel's stock saw a notable rise after the Chinese manufacturer announced its third capacity expansion plan. The company disclosed its plan to invest CNY557 million (USD77...
Icra forecasts 10% growth in aluminium and copper demand for FY25
According to a recent statement by the Investment Information and Credit Rating Agency (ICRA), domestic demand for non-ferrous metals like aluminium and copper is expected to grow 10 per cent in FY25. This expectation is based on a consistent trend in realizations and a moderated pressure on input costs. The report anticipates a healthy domestic demand growth of approximately 10 per cent for FY2025, notably surpassing the expected global demand growth of around 2 per cent. The sharp correction in Tc/Rc has adversely impacted the copper smelter margins and top Chinese smelters recently agreed to embark on production cuts at loss-making plants, without specifically highlighting the extent of the reduction,” ICRA said. Prices showed varying trends In March 2024, international prices for the...
PABC reports phenomenal 86% jump in its profit, fuelled by growth in sales & reduced taxes
Pakistan Aluminium Beverage Cans Limited (PABC) recorded a significant increase in its profit after tax for 2023, reaching Rs5.02 billion. This marked a notable 86 per cent rise from the Rs2.7 billion reported in 2022. The company attributes this substantial growth in profit to rise in sales and a reduction in taxation during the period. What the statement disclosed As disclosed in the company's profit and loss statement posted on the Pakistan Stock Exchange (PSX) on Friday, the Board of Directors (BoD) announced an interim cash dividend of Rs3.5 per share, equivalent to 35 per cent of the share value, for the fiscal year ending 31 December 2023. The company's earnings per share (EPS) for 2023 were recorded at Rs13.9, representing a substantial increase from the EPS of Rs7.48 reported...
Somerset Council launches aluminium packaging recycling initiative for Burnham-On-Sea and Highbridge residents
Residents of Burnham-On-Sea and Highbridge are in for some changes to their rubbish and recycling collection schedule this Easter holiday season. The items that will be included in this recycling initiative are aluminium foils, cardboard boxes and plastic moulds. The recycled aluminium market is booming, driven by environmental concerns, rising demand, and technological progress. Its inherent sustainability—requiring only 5 per cent of the energy to produce compared to virgin aluminium—makes it a clear winner in the fight against climate change. Change in date for by Somerset Council Somerset Council has adjusted the usual collection days to accommodate the holidays. Collections initially planned for Good Friday (March 29th) will now occur on Saturday (March 30th). There will be no...
Gear up for the 12th International Bauxite, Alumina and Aluminium Conference & Exhibition (IBAAS-IIM 2024)
Mark your calendar for the 12 th International Bauxite, Alumina and Aluminium Conference & Exhibition (IBAAS-IIM 2024). Scheduled to take place in BITS Pilani K K Birla Goa Campus from September 25 to 27, 2024, this event stands as a beacon for industry professionals, experts, and aficionados alike. Don't miss this chance to be part of the conversation shaping the future of our industry! About the event It is a unique occasion to converge, collaborate, and spark innovation within this ever-evolving sector. At the venue of the IBAAS-IIM 2024 conference , an exhibition will be organized showcasing the developments of the aluminium industry in India and the world over. This year the theme of the conference will be, “Aluminium Industry – Vision 2030.” The conference will unite titans of...
Jet-set sipping: Black Cow Alumini 5cl bottle marks its debut on British Airways
Embarking on a journey towards sustainability, Black Cow zero-waste vodka proudly joins Sustainaholics and Tourvest Retail Services to unveil its latest offering: a 100 per cent post-consumer recycled Alumini 5cl bottle. This eco-conscious creation is now soaring high on British Airways short-haul flights departing from London Heathrow. Passengers can choose to pre-order this eco-friendly Black Cow vodka or purchase it on board from the High Life Café menu. Building upon its partnership with Tourvest Retail Services, which first took flight in November 2022, Black Cow continues to pioneer change in eco-friendly travel. This milestone also signifies a significant achievement for Sustainaholics' Alumini bottle innovation, positioning it as a frontrunner in transitioning from traditional...
Aluminium giant warns of relatively high risks associated with bauxite supplies from Guinea
Aluminium Corporation of China (Chalco) expressed concerns about the "relatively high" risks associated with bauxite supplies from Guinea, highlighting the nation's increasing reliance on a single source for this crucial raw material. Last year, Guinea accounted for 70 per cent of China's bauxite imports, essential for aluminium production. This heavy dependence left the company, formerly known as Chalco, significantly vulnerable to the unrest and uncertainties in Guinea. "The company's bauxite mines in Guinea are subject to supply fluctuations due to local policy changes and frequent strikes," stated Chalco. Chalco's plan for continuous supply Chalco has outlined plans to ensure a continuous supply from a single mine in Guinea while also aiming to develop additional mines in the...
Unveiling AL-59: NALCO's latest innovation in aluminium alloy ingots
Step into the future of electrical transmission with National Aluminium Company's (NALCO) groundbreaking release: AL-59, the aluminium alloy ingot poised to transform the conductor industry. This innovative product heralds a new era in efficiency and performance, perfectly timed with the Government of India's Revamped Distribution Sector Scheme (RDSS) rollout. The product's official launch took place on 28.03.2024, with Shri Sadshiv Samantray, Director (Commercial), at the helm. The event was graced by the presence of the first customer and senior officials from NALCO's esteemed Smelter & Power complex. This alloy heralds a new era, infusing conductors with bespoke characteristics that carve a distinctive niche for our esteemed company. These Alloy Conductors made from AL-59, find...
China’s A00 aluminium ingot price gains RMB140/t to RMB 19,470/t; Australian alumina FOB price moves up by US$2/t
On Friday, March 29, China's A00 aluminium ingot price increased by RMB 140 per tonne to arrive at RMB 19,470 per tonne. The spot contract price is expected to be traded at a discount price of RMB 130 per tonne and RMB 90 per tonne. The average price may be between RMB 19,450 per tonne and RMB 19,490 per tonne. As per the SMM data, the price in Linyi has ascended by RMB 140 per tonne to reach RMB 19,470 per tonne. On the same day, the domestic aluminium ingot prices in Gongyi and Foshan have grown by RMB 130 per tonne, settling at RMB 19,360 per tonne and RMB 19,400 per tonne. In Tianjin and Wuxi the A00 aluminium ingot price has also recorded the same price growth to peg at RMB 19,470 per tonne and RMB 19,450 per tonne. In Hangzhou, the price has increased by RMB 120 per tonne to RMB...
India’s ADC12 aluminium ingot prices move upward despite stable raw material cost
The spot prices for Aluminium ADC12 alloy ingot (equivalent to automobile grade) witnessed a slight increase of INR 3,000 per tonne, reaching INR 211,000 per tonne W-o-W exw Delhi, excluding GST. The market reflects a somewhat tense situation in Chennai, with offers at INR 182,000 per tonne. However, actual tradable levels are within the range of INR 180,000-181,000 per tonne. Furthermore, the spot price for ADC12 in Chennai has risen to INR 214,000-215,000 per tonne exw, excluding GST, showing an uptick of INR 2,000 per tonne compared to the previous week. A notable Indian automotive company has disclosed its monthly settlement price for ADC12, elevating it by INR 5,000 per tonne to INR 212,400 per tonne for April. Market observers attribute this increase to consistently higher raw...
