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.
LME aluminium benchmark price drops by US$37.5/t; SHFE price moves up by US$4/t
LME aluminium opened at US$2,303 per tonne in the previous trading day, with its high and low at US$2,309.5 per tonne and US$2,276 per tonne, respectively, before closing at US$2,303 per tonne, up US$3 per tonne or 0.13 per cent. On Wednesday, March 27, both LME aluminium cash bid price and LME...
N.A. Holding expands portfolio with the acquisition of AGA, a premier glass & aluminium fabricator
N.A. Holding Corp., a diversified holding company owned by Matt Wojewuczki and Doyle McCauley, has recently acquired Architectural Glass and Aluminum (AGA), a premier aluminium and glass fabricator in Columbia City. "NA Holding Corp. is dedicated to ensuring a smooth transition for AGA into its...
EGA aims to modernise the future of aluminium production with SAP's S/4HANA software
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside of the oil and gas sector, has recently inked a significant deal with SAP. This partnership aims to modernise EGA's core enterprise resource planning (ERP) system by transitioning to SAP's...
Xinjiang Zhonghe's 2023 financial report: Operating income slumps by 15.52% Y-o-Y
China-based Xinjiang Zhonghe recently released its 2023 financial report. In its 2023 performance report, Xinjiang Zhonghe disclosed that it attained an operating income of RMB 6.535 billion, marking a 15.52 per cent decrease compared to the previous year. The net profit attributable to...
Alpha HPA makes strides with small-scale production of its 5N purity aluminium nitrate
Alpha HPA, the aluminium chemicals company, has recently initiated small-scale commercial production of its 5N purity aluminium nitrate (Al-nitrate) precursors at its Stage 1 Precursor Production Facility (PPF) in Gladstone, Queensland. The facility manufactures high-purity alumina (HPA), essential...
China’s A00 aluminium ingot price gains RMB870/t Y-o-Y; Low carbon aluminium price hikes to RMB20,288/t
On Wednesday, March 27, China’s A00 aluminium ingot price slumped by RMB 180 per tonne to settle at RMB 19,270 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. On the other hand, Y-o-Y, a growth of RMB 870 per tonne, was...
Cooxupé stuns at Femagri with new Evolutto coffee edition in sustainable aluminium packaging
At the Agricultural Machines, Implements, and Inputs Fair (Femagri), hosted from March 20 to 22 in Guaxupé (MG), Cooxupé, a coffee cooperative comprising over 19 thousand cooperative producer families, unveiled two exclusive launches. They introduced the premium version of Evolutto coffee in...
Aluko strikes a $601.4 million deal with Blue Oval SK for EV battery components
Aluko, a company specialising in aluminium parts and materials, is significantly moving into the U.S. electric vehicle battery market. The company has recently signed a contract with Blue Oval SK LLC and will supply the module case protect frame, a crucial component for electric vehicle batteries,...
Queensland government backs GMG with AU$2 million funding for battery pilot plant
Graphene Manufacturing Group Ltd. ("GMG") has recently secured a significant boost for its endeavours with the State Government of Queensland. The company has agreed to the Queensland Critical Minerals and Battery Technology Fund, through which it will receive a grant of AU$ 2 million. This funding...
LME aluminium prices gain on concerns over sluggish production recovery in Yunnan; SHFE price loses US$9/t
LME aluminium opened at US$2,305 per tonne in the previous trading day, with its high and low at US$2,331 per tonne and US$2,294 per tonne respectively before closing at US$2,326.5 per tonne, up US$17.5 per tonne or 0.76 per cent. Aluminium prices surged to an 11-week high on Monday due to worries...
Constellium's Ravenswood plant secures $75 million boost to deploy zero carbon technology
Constellium, the global leader in the development, manufacturing, and recycling of aluminium products and solutions, recently announced that its Ravenswood, West Virginia facility was chosen by the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations for potential award...
Qingzhen City launches its much awaited bauxite recycling project
On the afternoon of March 15th, 2024, the inaugural meeting for the Qingzhen City Bauxite Recycling Project (Phase I: 500,000 tonnes Desulfurisation) of Guiyang Industrial and Commercial Assets Management Co., Ltd. took place successfully in the conference room of the project department situated at...
China Aluminum Tank witnesses a moderate rise of 11.9% Y-o-Y in total turnover for 2023
China Aluminum Tank announced that for the year ended December 31, 2023, the Group achieved a total turnover of approximately HK$236 million, marking a modest increase of around 11.9 per cent from the same period in 2022. Throughout this reporting period, the Group's net profit reached...
Tragedy strikes: 2 Thai workers killed in Juei Feng Aluminium plant blast
A tragic explosion at Juei Feng Aluminium Co., Ltd.'s plant in Kaohsiung on Saturday morning resulted in the loss of two Thai workers' lives, with six others sustaining injuries. The Kaohsiung City Fire Department officials reported that among the eight workers injured, one sadly passed away in the...
China’s A00 aluminium ingot price grows to RMB19,340/t; Low carbon aluminium price gains RMB30/t
On Monday, March 25, China’s A00 aluminium ingot price has grown by RMB 40 per tonne to settle at RMB 19,340 per tonne, with the spot contract price expected to be traded at a discount price of RMB 100 to RMB 60 per tonne. As per the data, the average prices may hover between RMB 19,320 per tonne...
Downstream aluminium recap: Shyam Metalics unveils ambitious INR 450 crore investment for new aluminium flat-rolled plant
Shyam Metalics & Energy Limited, an Indian metal producer based in Kolkata, West Bengal, has reportedly intended to invest in a greenfield project centred on producing aluminium flat-rolled products. As per the report on Monday, March 18, Hydro Extrusions inked a deal to offload its fabrication...
Adaro's KIPI aluminium smelter ramps up for full production by early 2026
Amidst the country's lack of sufficient smelters to drive the downstream aluminium sector, Adaro Minerals aims to commence production of 250,000 tonnes of aluminium ingots by the third quarter, with plans to ramp up to full production by early 2026 at its smelter in KIPI, operated by its subsidiary...
Nyinahin-Mpasaaso Chiefs welcome Mytilineos and GIADEC for their upcoming project 3A
The Chiefs and residents of Nyinahin-Mpasaaso recently convened for a vibrant durbar, extending a warm welcome to the Ghana Integrated Aluminium Development Corporation (GIADEC) and Mytilineos S.A. into their community. This gathering marked the official announcement of Mytilineos as the strategic...
