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.
China’s A00 aluminium ingot price falls W-o-W by RMB 140/t; Aluminium powder price inches down by RMB0.1/kg
On Monday, January 15, China’s A00 aluminium ingot price opened the week with a fall of RMB 110 per tonne to settle at RMB 19,020 per tonne. As per the data, a decline of RMB 140 per tonne was witnessed W-o-W from RMB 19,160 per tonne recorded on January 8 . As of today, the spot contract price is expected to be traded at a discount price of RMB 30 to a premium price of RMB 10 per tonne. On the same day, the average prices may stand between RMB 19,000 per tonne and RMB 19,040 per tonne. The domestic aluminium ingot prices in Chongqing and Shenyang have gained RMB 45 per tonne and RMB 30 per tonne, settling at RMB 19,145 per tonne and RMB 19,150 per tonne. In provinces like Gongyi, Wuxi and Hangzhou, the aluminium ingot prices have dropped by RMB 110 per tonne to settle at RMB 18,970 per...
End user recap: Ball Corp. announces closure of its Kent aluminium can manufacturing unit
This week, the end-user sector of the aluminium industry witnessed a lot of important events. To begin with, Ball Corporation announced the impending closure of its aluminium can manufacturing facility in Kent (operated under Rexam Beverage Can Company). The closure is anticipated to result in the discontinuation of 121 positions in the Puget Sound area, with the termination process slated to commence on February 29. As per a London-based Price Reporting Agency regulated by the International Organization of Securities Commissions (IOSCO) and specializing in information for the lithium-ion battery to electric vehicle supply chain, Morocco is poised to enhance its international position as a cathode producer. Supernal, Hyundai's air mobility division, is gearing up to introduce its S-A2...
Scoring high in sustainability: Atlanta Hawks and State Farm Arena collect around 1 million pounds of waste including aluminium
The Atlanta Hawks and State Farm Arena announced a significant milestone in their sustainability journey, extending heartfelt gratitude to fans, concertgoers, and partners for their active participation. They managed to divert around 3 million pounds of waste from landfills, out of which around one million pounds were composed of materials like aluminium, cardboard, plastics, glass, and more. Nearly one million pounds of food and organic material were collected, underlining a commitment to eco-friendly practices. Within this remarkable accomplishment, the downtown Atlanta venue, recognized with the prestigious TRUE Platinum certification in April 2022, stands out as a trailblazer in the sports and live entertainment industry. TRUE Platinum certification is awarded to entities achieving...
Rhenus Weserport expands its railroad facility for seamless transportation of aluminium hydroxide
For over 25 years, Rhenus Weserport Bremen has been renowned for its expertise and professionalism in the transhipment of diverse goods and materials. However, in a recent and strategic alliance with Nabaltec AG, Rhenus Weserport is embarking on significantly expanding its existing railway infrastructure. This augmentation aims to fortify the rail loading facility in Germany's southernmost seaport, facilitating the efficient shipment of imported aluminium hydroxide and aluminium oxide. Expected launch of the railroad facility The anticipated launch of the new system is set for the conclusion of 2024. With the expansions to the terminal and the implementation of the automated rail loading system, Nabaltec is poised to achieve its goal of shipping between 70,000 and 140,000 tonnes of...
ASI accredits Chongqing Millison Technologies with the Performance Standard V3 certification
The Aluminium Stewardship Initiative (ASI) has officially declared that Chongqing Millison Technologies Inc. is now certified by the ASI Performance Standard V3 (2022). The China-based company has successfully certified its facility in the Banan District, Chongqing. SGS-CSTC Standards Technical Services conducted the independent third-party audit of Chongqing Millison Technologies Inc.'s facility. "We congratulate Chongqing Millison Technologies Inc. on achieving Performance Standard Certification V3 (2022). The company's ASI Certification provides them with a benchmark against industry-leading ESG criteria, and is an important step in the journey towards the implementation of more responsible production approaches," said Fiona Solomon, Chief Executive Officer of the Aluminium Stewardship...
Ball Corporation to shut down its Kent aluminium can manufacturing unit
Colorado-based beverage packaging giant Ball Corporation is set to close its aluminium can manufacturing facility in Kent (Rexam Beverage Can Company), as disclosed in a filing with the state of Washington. The closure, outlined in a Worker Adjustment and Retraining Notification on Dec. 28, is expected to lead to the termination of 121 jobs in the Puget Sound area starting Feb. 29. The decision to close the plant, initially revealed in a Nov. 1 earnings call, follows Ball Corp's failure to meet third-quarter sales targets, citing a slowdown in demand as one of the contributing factors. CEO Daniel Fisher explained during the call that the Kent closure forms part of a broader strategy to trim raw and finished goods inventory, anticipating savings of approximately $20 million for the company...
LME aluminium benchmark price inches down to US$2,203/t; SHFE price moves up by US$1/t
LME aluminium opened at US$2,234 per tonne on Thursday, with high and low at US$2,252 per tonne and US$2,229.5 per tonne, respectively, before closing at US$2,235 per tonne, unchanged from the previous trading day. On Thursday, January 11, both LME aluminium cash bid price and LME aluminium official settlement price inched down by US$0.5 per tonne or 0.02 per cent and US$1 per tonne or 0.04 per cent to settle at US$2,202.50 per tonne and US$2,203 per tonne. LME aluminium 3-month bid price and 3-month offer price reflected no change and settled at US$2,244 per tonne and US$2,245 per tonne. December 25 bid price and December 25 offer price dropped by US$5 per tonne or 0.19 per cent to clock at US$2,500 per tonne and US$2,505 per tonne. LME aluminium opening stock came in at 560575 tonnes....
India’s imported aluminium scrap prices retreat amidst limited trade activities
The recent downturn in the Indian aluminium scrap market can be attributed to a notable price decrease, primarily driven by a fall in futures contracts on the London Metal Exchange (LME). This decline results from limited transactions despite an increase in the number of improved offers. Many sellers who have returned from holidays are inactive, contributing to the overall market downturn. Moreover, the rising sea freight charges have adversely affected the market following the incident in the Red Sea. This additional factor has further compounded the challenges the aluminium scrap market faces. Pricing dynamics of aluminium wheel scrap According to a reliable source, the pricing dynamics of aluminium wheel scrap destined for India from the Western region exhibit variations among sellers....
Hydro pioneers plasma technology to achieve zero CO2 emission during aluminium production
Hydro is advancing its commitment to achieving zero CO2 emissions in aluminium production by implementing emission-free plasma technology in the Sunndal cast house. The Norwegian Government has provided soft funding for this innovative project, recognising its potential to significantly impact hard-to-abate industries globally. The traditional method of re-melting aluminium into new products involves an energy-intensive process requiring extremely high temperatures, typically reliant on fossil energy sources such as natural gas. However, Hydro is pioneering a breakthrough with new plasma technology that facilitates the electrification of this process. "We aim to change the game for aluminium production. Plasma technology is both high tech and future oriented. If we succeed with the pilot...
The sail of innovation: 2023’s top 5 aluminium-driven shipbuilding projects
Aluminum is a premier choice for both structural prowess and aesthetic allure in constructing passenger ships, yachts, and expansive boats despite its heftier price tag than steel. The marine industry widely embraces aluminium sheets and extrusions, particularly in crafting high-speed ships and ferries. Some of the major advantages of using aluminium in marine transport vehicles include: Lightweight and corrosion resistant Fuel saving due to the metal’s lighter weight Enhances vessels' speed, capacity for larger payloads, and extends their nautical range Aluminum provides enhanced stability and manoeuvring capabilities Aluminum ensures prolonged lifespan and contributes to decreased maintenance expenses, resulting in reduced overall ownership costs over an extended period Aluminum...
China’s A00 aluminium ingot price loses RMB110/t to RMB 19,100/t; Alumina price adds RMB2/t
On Thursday, January 11, China’s A00 aluminium ingot price dropped by RMB 110 per tonne to halt at RMB 19,100 per tonne, with the spot contract price expected to be traded at a premium price of RMB 0 to RMB 40 per tonne. The average prices may stand between RMB 19,080 per tonne and RMB 19,120 per tonne. In Foshan, the domestic aluminium ingot price has dropped by RMB 120 per tonne to clock at RMB 19,140 per tonne. As per the Shanghai Metals Market (SMM) data, the prices in Gongyi, Wuxi and Hangzhou have slipped by RMB 110 per tonne to peg at RMB 19,040 per tonne and RMB 19,100 per tonne, respectively. In Chongqing, Tianjin, and Linyi, the A00 aluminium ingot prices have also experienced the same drop of RMB 110 per tonne to arrive at RMB 19,100 per tonne and RMB 19,150 per tonne. In...
LME aluminium official settlement price moves up to US$2,204/t; SHFE price loses US$10/t
LME aluminium opened at US$2,243.5 per tonne on Wednesday, with high and low at US$2,258.5 per tonne and US$2,230.5 per tonne, respectively, before closing at US$2,235 per tonne, a drop of US$7 per tonne or 0.31 per cent. On Wednesday, January 10, both LME aluminium cash bid price and LME aluminium official settlement price grew by US$4 per tonne or 0.18 per cent to settle at US$2,203 per tonne and US$2,204 per tonne. 3-month bid price and 3-month offer price dipped by US$2 per tonne or 0.08 per cent to clock at US$2,244 per tonne and US$2,245 per tonne. December 25 bid price and December 25 offer price went down by US$3 per tonne or 0.11 per cent to settle at US$2,505 per tonne and US$2,510 per tonne. LME aluminium opening stock came in at 561825 tonnes. Live warrants and Cancelled...
Loufan Mine enters Taiyuan's third batch of municipal green mining projects
After a year of cautious deployment and comprehensive promotion, the Loufan Mine of the Shanxi Branch of Chinalco completed the acceptance examination and was chosen as one of Taiyuan's third batch of municipal green mining projects. Between November 10th and 11th, 2023, a team comprising 23 experts from various bureaus, including the Natural Resources Bureau, Finance Bureau, Emergency Bureau, Environmental Protection Bureau, Urban Construction Bureau, etc., conducted a thorough evaluation and acceptance of the establishment of the Loufan aluminium mine in Taiyuan. After conducting on-site verification and consulting relevant materials, the expert group meticulously assessed and scored various facets of Loufan Aluminum Mine's operations. This encompassed considerations such as...
Kyle Salmon, the first trainee to complete AMC’s aluminium boat building programme
Aluminium Marine Consultants (AMC) in East Cowes is raising its sails in celebration of a remarkable achievement—the completion of a four-year programme in aluminium boat building by its inaugural trainee, Kyle Salmon. Having navigated the intricacies of in-house aluminium boat construction training, Kyle conquered the waves and earned the prestigious title of certified coded welder. "It has been an honour to work alongside such highly skilled craftsmen and gain hands-on industry experience. I have learnt so much throughout my four years at AMC and am looking forward to furthering my career and continuing to develop new skills," added Kyle Salmon. As Kyle stands proudly on the shores of accomplishment, the company eagerly anticipates a flotilla of aspiring trainees ready to embark on...
Inalum plans to expand its Kuala Tanjung aluminium smelter in 2024
In the vibrant landscape of 2024, PT Indonesia Asahan Aluminium (Persero), also called Inalum, is poised to unfurl the sails of innovation on two grand ventures. With a resounding declaration, CEO Danny Praditya has illuminated the corporate horizon, announcing the Final Investment Decision (FID) to expand an aluminium smelter nestled in the heart of Kuala Tanjung, North Sumatra. Concurrently, the symphony of progress will crescendo with the initiation of the second act in the Smelter Grade Alumina Refinery (SGAR) saga, set against the lush backdrop of Mempawah in West Kalimantan. In the unfolding chapters of progress, the aluminium smelter in Kuala Tanjung is gearing up for an impressive capacity of 600 thousand tonnes. Simultaneously, the Smelter Grade Alumina Refinery (SGAR) in...
China’s A00 aluminium ingot price marks a growth of RMB110/t; Alumina price ascends to RMB3,325/t
On Wednesday, January 10, China’s A00 aluminium ingot price has gained RMB 110 per tonne to clock at RMB 19,210 per tonne, with the average prices standing between RMB 19,190 per tonne and RMB 19,230 per tonne. As per the data, the prices in Chongqing and Tianjin have grown by RMB 120 per tonne to peg at RMB 19,210 per tonne and RMB 19,260 per tonne. On the same day, the Shanghai Metals Market (SMM) data revealed that the prices in Foshan and Shenyang have ascended by 100 per tonne to arrive at RMB 19,260 per tonne and RMB 19,170 per tonne. The domestic aluminium ingot prices in Wuxi and Hangzhou have expanded by RMB 110 per tonne to halt at RMB 19,210 per tonne. In Linyi and Gongyi, the A00 aluminium ingot prices have increased by RMB 110 per tonne, settling at RMB 19,260 per tonne and...
Alcoa announces plans to cease production at its Kwinana Alumina Refinery
Alcoa Corporation has announced its intention to cease production at the Kwinana Alumina Refinery in Western Australia in 2024, with the gradual shutdown commencing in the second quarter. The refinery, boasting an annual nameplate production capacity of 2.2 million tonnes, has been operating at around 80 per cent of its capacity since January 2023. Alcoa's Executive Vice President and Chief Operations Officer Matt Reed cited several factors influencing the decision to curtail the 60-year-old facility. These factors encompass the refinery's age, size, operational expenses, the current quality of bauxite, and prevailing market conditions. "Today's curtailment decision comes only after thorough and careful deliberation, and we acknowledge that this action will impact workers, business...
Conexus Group launches cutting-edge $100 million aluminium rod plant, elevating Bahrain's industrial landscape
Conexus Resources Group, headquartered in the UK, has officially opened a cutting-edge aluminium rod plant in Bahrain with a substantial investment of $100 million. Konexus Aluminium, the newly established company, will be pivotal in processing liquid aluminium sourced from Bahrain's national manufacturer, Alba, and transforming it into high-quality aluminium rods. These rods are intended to cater to regional and international clients, solidifying Bahrain's position as a premier manufacturing and export hub for global markets. Dr Khaled Fahad Alalawi, Assistant Undersecretary for Industrial Development at the Ministry of Industry and Commerce, said, "This inauguration marks yet another milestone achievement that stands as a testament to Bahrain's thriving manufacturing sector, where...
