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.
Vedanta Aluminium joins IAI, strengthening its commitment towards sustainability
Vedanta Aluminium, a prominent player in the global aluminium industry and India's leading metal producer, has recently joined the International Aluminium Institute (IAI), solidifying its position among the world's largest aluminium producers. As the sole representative of the global primary...
Vietnamese carmaker THACO sets sight on $4.1 billion bauxite complex project
Carmaker Truong Hai Group Corporation (THACO), one of the pioneers in the Vietnamese auto industry, has unveiled plans for a VND103 trillion (US$4.1 billion) circular economy complex dedicated to mining and processing bauxite in Lam Dong Province. Dubbed Lam Dong 2 Aluminum Complex, this innovative...
SMM aluminium ingot price shrinks further by RMB140/t as estimated domestic production grows
On Monday, January 8, China's A00 aluminium ingot price has lost RMB 140 per tonne to settle at RMB 19,160 per tonne, with the spot contract price expected to be traded at a discount price of RMB 20 to a premium price of RMB 20 per tonne. The average prices are expected to be traded between RMB...
Asahi’s self-foaming draft beer in aluminium cans marks its debut in Singapore
Japan-based Asahi Super Dry brewery has unleashed its self-foaming draft beer in cans upon the shores of Singapore. These avant-garde aluminium cans crafted by Asahi boast a distinctive feature that allows beer enthusiasts to tear off the entire top, aiming to replicate the immersive experience of...
Downstream weekly recap: SRF Ltd's share price rises 1% following approval of its aluminium foil venture
The downstream aluminium sector has been a witness to major developments this week. To begin with, SRF Ltd committed INR 536 crore towards establishing SRF Altech Limited, a dedicated subsidiary focused on producing aluminium foil. This strategic decision aligns with SRF's broader goals of...
Sustainability weekly recap: Closed Loop Partners backs startup turning scrap aluminium into hydrogen fuel
Closed Loop Partners, headquartered in New York, invested in Found Energy, a Boston-based startup that turns aluminium trash into hydrogen fuel. Found Energy uses a novel method in which scrap aluminium is treated with a catalyst and activated with water, yielding several valued outputs. Shandong...
Xingxian Economic Development Zone inks deal for 150,000 tonnes automotive aluminium profiles project
On December 26th, a momentous signing ceremony occurred between China-based Xingxian Economic Development Zone and Shanghai Xinying Chain Management Co., Ltd., marking the commencement of a transformative project focused on producing 150,000 tonnes of new energy automobile parts and aluminium...
BAB Aluminium joins ASI as the new Industrial User member
Aluminium Stewardship Initiative (ASI) announced the joining of Australia-based BAB Aluminium as the new Industrial User Member. Founded by Brian Blowes, BAB Aluminium stands tall as a quintessential Australian success narrative, boasting an unwavering commitment to its national heritage. The...
Chinalco pioneers new mining company in Xiongan with whopping RMB 2 billion capital injection
On December 18th, Aluminum Corporation of China (CHINALCO) disclosed its intention to collaboratively invest RMB 2 billion with its controlling shareholder, Chinalco Group, along with subsidiary entities such as China Copper and Chinalco Capital Holdings. The objective was to establish a new entity...
Rocal expands its portfolio with strategic acquisition of BDC Aluminium
Rocal, a leading manufacturer of composite doors and specialist PVC-U products has completed the acquisition of BDC Aluminium, a notable player in the fenestration sector. Rocal, the Brigg-based company known for its renowned brands such as Endurance Doors, Impressions Door Panels, and Rocal...
Nanshan Aluminium's renewable resource project gears up for trial run
China-based Shandong Nanshan Aluminium Co., Ltd, primarily involved in the production and distribution of various aluminium products, has made strategic investments in the establishment of Longkou Nanshan Renewable Resources Co., Ltd.As part of the company's commitment to sustainability, some...
LME aluminium benchmark price contracts by US$20/t to US$2,235.5/t; SHFE price loses US$20/t
LME aluminium opened at US$2,304 per tonne yesterday, with high and low at US$2,316.5 per tonne and US$2,269 per tonne, respectively, before closing at US$2,285 per tonne, a decrease of US$21 per tonne or 0.91 per cent. On Thursday, January 4, aluminium prices experienced a decline as worries...
Rising raw material prices propel aluminium ADC12 prices in India to new heights
The spot prices for automobile-grade aluminium ADC12 alloy ingots experienced a rise of INR 5,500 per tonne, reaching INR 189,500 per tonne. This increase can be attributed to the surge in raw material prices, specifically tense prices, which climbed by INR 5,000 per tonne to INR 160,000 per tonne...
Sip in style: Top 10 special edition aluminium cans launched in 2023
The aluminium industry and its unique approaches to commemorate those special occasions have always grabbed the utmost attention. Especially in the aluminium cans sector, which recently showcased many special edition launches featuring unique technologies. These vessels, once mere containers, have...
Hungary takes green strides: Unveils new DRS for recycling aluminium cans in collaboration with TOMRA
Recycling is the most important aspect or the need of the hour in the dynamic landscape of the aluminium industry. Many companies are taking up recycling initiatives to move towards a sustainable future, highlighting the importance of the same. Like, Hungary has implemented a new deposit return...
SMM alumina spot price continues to move northward, reaching RMB3257/t; A00 aluminium ingot price loses RMB 130/t
The average alumina spot price in China has been following the growth trajectory since December 18, following the fuel blast deposit in Guinea . The explosion had sparked concern about a potential shortage of bauxite, affecting the alumina production in China. This has raised the buying enthusiasm...
India witnesses an upward shift in imported aluminium scrap prices post-holidays
The Indian market for aluminium scrap has seen a notable price increase, attributed mainly to a surge in futures contracts on the London Metal Exchange (LME) after the Christmas and New Year holidays. Despite a rise in transaction volume, particularly from the western region, many sellers remain...
Closed Loop Partners fuels innovation: Invests in start-up transforming scrap aluminium into hydrogen fuel
New York based Closed Loop Partners invested in Found Energy, a company located in Boston that converts aluminium scrap into hydrogen fuel. Found Energy employs a unique process wherein scrap aluminium is treated with a catalyst, activated with water, which yields multiple valuable outputs. These...
