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.
Downstream weekly recap: UK to levy carbon tax on aluminium and steel from 2027
This week, the downstream sector of the aluminium industry witnessed a lot of significant updates. To begin with, starting in 2027, the United Kingdom will levy a carbon border tax on imports of critical industrial resources such as aluminium, iron, steel, ceramics, and cement. Another important event was Hindalco signing a battery-grade aluminium foil supply deal with US-based lithium-ion firm C4V. This collaboration will strengthen the firms' trade contacts, assuring an ongoing supply of coated aluminium foils, battery-grade aluminium foil, and other structural elements for Li-ion batteries. Blackboxstocks Inc., located in Dallas, stated that it has formally agreed to purchase Evtec Aluminium Limited (Evtec). The transaction is expected to close in the first quarter of 2024. The...
China's VP Han Zheng meets Rio Tinto Chairman Dominic Barton
China's Vice President Han Zheng met with Dominic Barton, head of mining conglomerate Rio Tinto, in Beijing. Following the meeting, Dominic Barton expressed that he is confident about China's economic development prospects and that it would continue its long-term plan there. Han said that China's economy has consistently recovered since the start of this year. He emphasised that China remains a significant driver of global economic development and expressed complete confidence in meeting the annual economic growth objective. "We welcome Rio Tinto Group to continue to deepen practical cooperation with China, share the new opportunities brought by China's development, and achieve mutual benefit and win-win results," said Han Zheng. Rio Tinto is bullish about China's economic growth...
Ciclo Fapril joins ASI as the new Industrial User member
Aluminium Stewardship Initiative (ASI) announced the joining of Ciclo Fapril – Indústrias Metalúrgicas as the new Industrial User member. Ciclo Fapril, S.A., at Alufap by CF, is a Portuguese firm that produces multi-product aluminium components. Ciclo Fapril, founded in 1965, is distinguished in creating components for the most diversified industries: automotive, two wheels, medical care, sports, and renewable energy. Ciclo Fapril's dedication to expanding its market presence sets it apart from competitors. It necessitates ongoing investments in cutting-edge technology and the development of adaptable teams to attract new business opportunities. “Our vision is to be leaders in the subcontracting of metal products. Our success is based on a strategy of sustainable development, based on a...
Sichuan Qiya to supply 500,000 tonnes of recycled aluminium to Kaili municipal government of Guizhou
Kaili municipal government of Guizhou signed an investment agreement with Sichuan Qiya Aluminium Industry on December 6. Under the agreement, Qiya will supply 500,000 tonnes of recycled aluminium, 300,000 tonnes of aluminium processing projects, 20GW monocrystalline silicon rods and 20GW photovoltaic slices. The agreement was signed under the presence of Li Jian, the Vice Chairman of Guizhou Provincial People's Political Consultative Conference and Secretary of Qiandongnan Provincial Party Committee, along with Yang Guangjie, the Deputy Secretary of the Provincial Party Committee and Governor, held a meeting with Tong Wenqi, the Chairman of Qiya Group Co., LTD. About the investment Li Jian and Yang Guangjie greeted Tong Wenqi and his entourage on behalf of the state party committee and...
China’s average alumina spot price grows by RMB6/t to RMB3,004/t; A00 aluminium ingot price expands by RMB160/t
On Friday, December 22, China's average alumina spot price increased by RMB 6 per tonne after remaining unchanged since December 19. As per the data, the alumina price as of today has clocked at RMB 3,004 per tonne, followed by a growth of RMB 10 per tonne in Shandong and Shanxi to close at RMB 2,955 per tonne and RMB 3,020 per tonne. In Henan the alumina price has added RMB 5 per tonne to settle at RMB 3,015 per tonne. Previously, SMM had predicted that the overall aluminium production in December may record a Y-o-Y ascend of 3.5 per cent. China's total aluminium production in 2023 is predicted to be 41.5 million tonnes, a 3.6% increase year on year. This can be one of the reasons for the growth in the price of alumina. As per the Shanghai Metals Market (SMM), China's A00 aluminium ingot...
Henan Zhongzhou Aluminium honored with the Pilot Enterprise of Industrial Wastewater Recycling Award 2023
Henan Zhongzhou Aluminium, one of the prominent manufacturers of aluminium alloy plates and coils in Series 1xxx, Series 3xxx, and Series 5xxx, was honoured with the pilot enterprise of industrial wastewater recycling 2023 in Henan Province. The China-based company is the only aluminium-related firm on the list. The Henan Provincial Department of Industry and Information Technology released the pilot list for industrial wastewater recycling on December 7. Zhongzhou Aluminium has continued to enhance wastewater recycling in recent years, and the reuse rate of industrial water has grown dramatically. All industrial wastewater may be utilised by increasing the capacity of industrial wastewater treatment. The usage of cascade water replenishment technology has been encouraged to increase...
LME aluminium benchmark price contracts by US$23.5/t to US$2,192/t; SHFE price drops to US$2,659/t
LME aluminium opened at US$2,272 per tonne yesterday, with its high and low at US$2,279 per tonne and US$2,237.5 per tonne, respectively, before closing at US$2,245.5 per tonne, down US$19.5 per tonne or 0.86 per cent compared to the previous day. On Wednesday, December 20, both LME aluminium cash bid price and LME aluminium official settlement price contracted by US$23.5 per tonne or 1.06 per cent to clock at US$2,191.50 per tonne and US$2,192 per tonne. As per the London Metal Exchange (LME) data, 3-month bid price and 3-month offer price slumped by US$29 per tonne or 1.27 per cent to reside at US$2,243 per tonne and US$2,243.50 per tonne. December 24 bid price and December 24 offer price fell by US$23 per tonne or 0.96 per cent to clock at US$2,360 per tonne and US$2,365 per tonne. LME...
First phase of Shandong Hongcan Material’s RMB1.7 billion aluminium die-casting project put into operation
China-based Shandong Hongcan Material Technology initiated the first production stage for its large-scale, lightweight, integrated aluminium die-casting project. With a total investment of RMB 1.7 billion and a capacity to produce 3 million pieces annually of 8 different kinds of precision aluminium alloy structural components, the project was put into production on December 12. After the project's first phase is completed, it will be capable of producing 700,000 precision aluminium alloy structural components each year. Shandong Hongcan Material Technology Co., Ltd. specialises in producing lightweight automotive, large-scale, integrated die-casting parts. These include shock towers, stringers, rear bottom plates, battery shells, and gearbox shells. The company's primary customers are...
Schupan ups its sustainability game with two new aluminium sorting facilities in Kalamazoo
Schupan, based in Kalamazoo, Michigan, has invested over $40 million to establish two new aluminium shredding and sorting facilities. The first facility in Kalamazoo is scheduled to begin operations in early 2024 after opening later this month. “This new facility represents our continued commitment to sustainability, allowing us to meet the growing global demand for green aluminum while minimizing energy consumption, emissions and environmental disruption,” said Marc Schupan, CEO of the company. About the investment According to Gary Curtis, President of Industrial Recycling at Schupan, the investment includes the procurement of land, the construction of buildings, and the buying of equipment. He also added that Schupan chose Kalamazoo as one of its locations due to its seamless...
Compagnie des Bauxites de Guinée gets accredited with the ASI Performance Standard V2 Provisional certification
Aluminium Stewardship Initiative (ASI) announced that Compagnie des Bauxites de Guinée (CBG) has been accredited with the Performance Standard V2 (2017) Provisional certification. CBG has received the certification for its activities in Boké Prefecture, Guinea, which include bauxite mining near Sangarédi, bauxite export port operations at Kamsar, rail operations, and a biodiversity offset site. The audit process is characterised by a dedicated and comprehensive assurance procedure that follows a risk-based approach to assure the integrity of the audit results. The certification scope encompasses various areas, including: the Sangarédi mining site (exploration and mining operations) the Kamsar bauxite processing plant (bauxite drying and crushing) the Kamsar port facilities the Boké...
Cervejaria Masterpiece achieves dual ASI Certification for its beverage cans manufacturing plant in Niterói
Cervejaria Masterpiece has been certified against the ASI Performance Standard V3 with Provisional status and Chain of Custody V2 by the Aluminium Stewardship Initiative (ASI). The firm has a microbrewery that makes various speciality beers packed in aluminium cans and marketed locally and worldwide. Cervejaria Masterpiece has obtained Provisional status for meeting the ASI Performance Standard V3 (2022) and has been certified to manufacture aluminium beverage cans at its plant in Niterói, Brazil. DNV Business Assurance Services UK Ltd carried out the independent, third-party audit. Fiona Solomon, Chief Executive Officer of ASI, commented, “We congratulate Cervejaria Masterpiece on achieving dual ASI Certification with Provisional Status for the Performance Standard V3 (2022) and Full...
China-based Yunnan Aluminium bags three more national-level green factory recognition
Yunnan Aluminium Corporation has added three more national-level green factory recognitions to its resume. The accomplishment of this honour is a complete examination of the energy utilisation efficiency, energy resource utilisation, and product energy consumption level of the company's connected industries. It also recognises Yunnan Aluminium's overall strength in technical innovation, smart production, and other businesses. As per the official website of the Ministry of Industry and Information Technology, three companies, Yunnan YunLv Yongxin Aluminium, Yunlv Zexin, and Yunlv Haixin, have been selected for the 2023 Green Manufacturing List. Currently, the firm has established five green factories at the national level, which include Yunnan Aluminum Corporation and Yunnan Aluminum...
SMM A00 aluminium price grows by RMB40/t to RMB 18,980/t; Aluminium powder price adds RMB0.1/kg
On Wednesday, December 20, the A00 aluminium ingot price in China has grown by RMB 40 per tonne to clock at RMB 18,980 per tonne, with average prices between RMB 18,960 per tonne and RMB 19,000 per tonne. The spot contract price may be traded at a discount price of RMB 10 per tonne to a premium price of RMB 30 per tonne. As per the SMM data, the prices have grown in all the provinces. On the same day, the price in Tianjin has hiked by RMB 60 per tonne to clock at RMB 18,980 per tonne. The Shanghai Metals Market (SMM) data revealed that the domestic aluminium ingot prices in Wuxi, Hangzhou and Linyi have ascended by RMB 40 per tonne to clock at RMB 18,960 per tonne, RMB 18,980 per tonne and RMB 19,030 per tonne. The prices in Chongqing and Shenyang have also expanded by RMB 30 per tonne to...
International Delight launches its much-awaited cold foam creamer in aluminium cans
Creamer brand, International Delight, has launched its much-awaited Cold Foam Creamer in aluminium cans. The Cold Foam Creamer, expected to reach stores in January 2024, will introduce coffee lovers to an inventive new format that efficiently enriches coffee concoctions. Any hot or cold coffee rapidly transformed into a "foaming delicious" coffee shop drink with International Delight Cold Foam Creamer. Furthermore, #ColdFoam has over 321 million social media views, with #ColdFoamAtHome having over 40 million views on TikTok. Recognising that the new generation of coffee lovers is turning to social media for unique coffee creation ideas, International Delight developed its novel Cold Foam product, which is unique to the brand and to supermarket stores. "As a leader in coffee beverages,...
Amerimax, the new joint venture of Lippert and Euramax to supply aluminium cladding materials for RVs
Lippert Components Manufacturing, a subsidiary of LCI Industries (Lippert), has entered into a strategic alliance with Euramax for Mobility, Europe's leading supplier of aluminium products for recreational vehicles (RVs). This new alliance will result in the formation of a joint venture called Amerimax for Mobility. Lippert and Euramax, with their extensive expertise spanning more than five decades, are collaborating to offer a comprehensive selection of custom aluminium sidewalls and panels to the recreational and transportation OEM markets. This partnership aims to deliver a diverse product catalogue featuring cutting-edge innovations and exceptional customer service, catering to the needs of the recreational vehicle and transportation OEM markets. The product lines of Amerimax will...
Second phase of Xinshen Aluminium’s RMB200 million project launched successfully
The Xinshen Aluminium Technology lightweight phase II project commenced operations on December 8. The total investment for the completion and operation of the project amounts to approximately RMB 200 million. This includes implementing three intelligent production lines, which consist of high-efficiency and energy-saving constant speed forming units, a combined quenching system utilising wind and water mist, a rapid and precise gradient heating furnace, and other equipment. The existing production line and equipment have been upgraded. About Xinshen Aluminium China-based Xinshen Aluminium, established in 2008, is a technologically advanced company specialising in producing high-quality aluminium products. The company is dedicated to conducting independent research and developing novel...
Blackboxstocks to acquire UK-based Evtec Aluminium by Q1 2024
Dallas-based Blackboxstocks Inc., which combines financial technology and social media to provide real-time proprietary analytics for stock and options traders, announced that it has officially agreed to acquire Evtec Aluminium Limited (Evtec). The acquisition is anticipated to be completed during the first quarter of 2024. Evtec provides exclusive essential components for the Electric Vehicle (EV), Hybrid, Performance, and Luxury OEM automotive markets. They supply these parts to brands such as JLR (formerly Jaguar Land Rover), Aston Martin, Ford, Bentley, and other automotive suppliers, including Dana, American Axle, and Cox Powertrain. About the acquisition Following the merger, Blackbox and Evtec Aluminium common shareholders will control 26.7 per cent and 73.3 per cent of the...
LME aluminium price adds US$17/t to US$2,213/t; SHFE price moves up by US$3/t
LME aluminium opened at US$2240.5 per tonne yesterday, with its high and low at US$2286 per tonne and US$2233 per tonne, respectively, before closing at US$2282 per tonne, up 1.83 per cent. On Monday, December 18, both LME aluminium cash bid price and LME aluminium official settlement price grew by US$17 per tonne or 0.77 per cent to clock at US$2,212.50 per tonne and US$2,213 per tonne. As per the London Metal Exchange (LME) data , 3-month bid price and 3-month offer price added US$13 per tonne or 0.57 per cent to settle at US$2,261.50 per tonne and US$2,262 per tonne. On the same day, both December 24 bid price and December 24 offer price added US$10 per tonne or 0.42 per cent to halt at US$2,373 per tonne and US$2,378 per tonne. LME aluminium opening stock came in at 504475 tonnes....
