AlCircle News Edited By "Staff Editor"
Chang Aluminum is set for a change in ownership after its controlling shareholder, Qilu Caijin Investment Group, agreed to sell a 22.38 per cent stake in the company to Shandong Jixin Industrial Development. The proposed transaction values the shares at RMB 5.79 (USD 0.86) each, putting the total...
Alcoa Corporation has announced that a new labour agreement with the United Steelworkers (USW) has been ratified following a vote by union members at the company's US smelting operations. The agreement was approved by a wide margin and covers around 965 employees working at Alcoa’s Warrick...
USA Rare Earth shares rose nearly 7 per cent after the company announced the start-up of its hydrometallurgical demonstration facility in Wheat Ridge, Colorado. The facility is expected to play a key role in the company’s efforts to build a rare earth supply chain outside China. First production of...
Encore RV has introduced a range of compact travel trailers featuring aluminium construction and designed to reduce the impact of towing on electric vehicle driving range. The lineup was recently highlighted in a video by the Playing with Sticks YouTube channel, which focused on the trailers'...
Researchers in the United States have demonstrated new aluminium alloys that can reduce the weight of truck engines by about 15 per cent while improving fuel efficiency by more than 10 per cent in tests carried out on a General Motors prototype engine. The work was led by the Oak Ridge National...
Constellium SE and Alcoa Corporation are benefiting from a stronger aluminium market, with demand from electric vehicles, aerospace, packaging and transportation continuing to support the sector. The growing use of recycled aluminium and the recovery in global air travel have also improved...
China National Machinery Industry Corporation (SINOMACH) has increased its presence in the African aluminium industry by signing an Engineering, Procurement and Construction (EPC) contract for USD 245 million for Phase II of the Huatong Electrolytic Aluminium Production Line project in Angola. The...
中文翻译附于新闻末尾，敬请继续阅读。 China's ports are becoming increasingly important centres for international cooperation, bringing together industry players to exchange technology, management expertise and business opportunities, with the bauxite trade emerging as a key part of that growth. At a logistics...
ABx Group is progressing development of its Sunrise bauxite project in southern Queensland following a strategic investment from Good Importing International (GII). The company said GII’s initial USD 2.7 million investment is being used to advance mine planning and secure key environmental and port...
Chinese automotive manufacturer Dongfeng Motor Corporation is accelerating vehicle manufacturing efficiency through one of the world’s largest integrated die-casting facilities, capable of producing major automotive structural components in just minutes. Located in Wuhan, Hubei Province, the...
The Central Electricity Authority (CEA) has set standard implementation timelines for Inter-State Transmission System (ISTS) projects to improve coordination between power generation and transmission infrastructure. The National Committee on Transmission (NCT) approved the timelines during its 40th...
Tesla has started delivering the Model Y L in India, a six-seater version of its Model Y electric SUV. The first vehicles have been handed over to customers through the company’s direct-to-consumer sales model. The variants also use aluminium and Tesla’s giga casting technology, which helps reduce...
Japan and the United Kingdom have unveiled a series of agreements that could lead to Japanese companies investing up to USD24 billion (EUR 18 billion) in Britain over the coming years. The announcement followed talks in London between UK Prime Minister Keir Starmer and Japanese Prime Minister Sanae...
While the market may have already priced into Press Metal Aluminium Holdings Berhad much of the company’s value, based on its long-term record of successful operations and solid profitability, the company's consistent success in generating profit and operating successfully suggests that Press Metal...
Hindalco Industries attracted investor attention after Novelis, its subsidiary, resumed operations at the hot mill of its Oswego facility in New York. The unit had been affected by a fire earlier, leading to a temporary disruption. The company said the hot mill is now back in operation and work is...
The European Union is one of the largest generators and collectors of aluminium scrap in the world, with over 80 per cent recycling rate. The demand is also robust, with an average annual volume of 8 million tonnes. Yet, the European Union exports 1.2 to 1.3 million tonnes of scrap during a year,...
中文翻译附于新闻末尾，敬请继续阅读。 China Hongqiao Group is looking to raise the annual limits on a bauxite supply deal involving its subsidiary, Well Harvest Winning. The company said the current limits may not be enough for its expected needs over the coming years. The supply agreement runs until 2033 and is with...
LME aluminium price graph showed a stronger trend on June 12, with cash, three-month and forward contracts all moving higher compared with the previous trading session, while stocks continued to fall. The LME aluminium cash bid price rose to USD 3,535 per tonne on June 12 from USD 3,498 per tonne...
