AlCircle News Edited By "Staff Editor"
HCC wins USD 24.4 million fabrication contract from Hindalco
Hindustan Construction Company (HCC) has secured a contract worth approximately USD 24.4 million from Hindalco Industries. The project involves the fabrication of post shells and superstructures, and other crucial components that play a critical role in aluminium production facilities. The new contract helps strengthen HCC’s accelerating expertise in developing specialised construction and fabrication work, specifically in the metal and mining sector of India. Image source: https://media.licdn.com/ Also read: Maan Aluminium encounters divergent technical signals amid turbulent market conditions The new contract is expected to significantly boost HCC’s order book and simultaneously bolster its overall business momentum in the coming quarters. The project not only creates ways for...
Shares of Marco Cables rise by 4% post purchase order of aluminium cables from an Indian client
Marco Cables & Conductors Limited have recently secured a purchase order of INR 132.2 million (USD 1.4 million approx) from an undisclosed domestic client for supplying aluminium cables of various shapes and sizes. It is anticipated that the deal will be executed within the next eight months. Following the announcement, the share price of Marco Cables increased by about 4 per cent. The shares of the company were traded at INR 40.55 on the BSE, compared to its previous price of INR 39, with a market cap of INR 760 million (USD 8.5 million approx). As per NSE, the order of aluminium cables worth INR 132.2 million (USD 1.4 million approx) has suddenly increased the share of the company. Marco Cables & Conductors has achieved financial growth lately. The company has recorded revenue growth of...
Maan Aluminium encounters divergent technical signals amid turbulent market conditions
Maan Aluminium Ltd is gaining the attention of investors as its stock continues to experience steep price moves and conflicting technical signals. A microcap in non-ferrous metals, the company's shares are trading at INR 112.20 (USD 1.34), a gain from the last close of INR 106.90 (USD 1.28). The stock has traded in a one-year range from a 52-week high of INR 258.95 (USD 3.09) to a low of INR 75.51 (USD 0.90), evidencing the volatility of the counter. Mixed technical outlook Despite delivering a staggering 1141.49 per cent return over the last five years, the company has struggled this year, underperforming against the Sensex. Year-to-date, the stock has fallen by 11.13 per cent, compared to the benchmark’s 3.93 per cent gain. Technical indicators are a bit confusing. The daily moving...
TotalEnergies and Siemens push for EU to scrap key climate law
Europe’s largest industrial players, Siemens and TotalEnergies, have prompted European leaders to eliminate one of the most high-profile corporate sustainability laws. The reason behind this is that it adds additional regulatory burdens, which affect the company’s competitive edge. According to a letter from a reputed news agency, Total Energies CEO Patrick Pouyanné and Siemens AG CEO Roland Busch jointly wrote to French President Emmanuel Macron and German Chancellor Friedrich Merz on behalf of 46 European companies. The letter dated October 6 mentioned the elimination of the sustainability law as a direct indication that the European Government and Commission are extremely keen on restoring Europe's competitiveness in the global market. Siemens added that Europe’s ability to compete...
Commercial scale pilot of PV-thermal system rolled out at North Sydney Olympic Pool
Sydney-based climate-tech startup Coolsheet has launched a commercial-scale pilot of its photovoltaic-thermal (PVT) system at the iconic North Sydney Olympic Pool. The company’s patented aluminium heat-exchange panel upgrades standard solar modules into high-efficiency hybrid PVT systems, suitable for both new installations and retrofits. Image for representational purposes only Also read: TNT Group bets on anodised aluminium to reset the rules of luxury packaging Dual-output renewable system The installation comprises 206 × 550 W PV modules, producing about 114 kW of electricity and two to three times more in usable heat. This dual capacity allows the pool to maintain year-round temperatures for over three million litres of water across five pools, supporting North Sydney Council’s...
Lithium-ion batteries get a major performance upgrade from Altech's silicon technology
Altech Batteries, an Australian battery technology, has announced a significant leap forward in battery performance. Its proprietary Silumina Anodes™ have achieved 88.5 per cent capacity retention after 500 charge-discharge cycles, with repeat testing confirming reproducibility and process stability. The results came from blending 5 per cent of its alumina-coated spherical silicon anode material into a graphite anode, a modest tweak with major implications. Overcoming silicon’s long-standing limitations Silicon’s theoretical capacity to store up to ten times more lithium ions than graphite is widely known. Yet, its practical use has been limited by its tendency to swell by as much as 300 per cent during charging, leading to particle fracture and capacity fade. Altech’s innovation...
Guinea to boost bauxite production by 50 million tonnes through new infrastructure deal
The government of Guinea-Conakry has struck a landmark infrastructure agreement, bringing six mining companies - CDM China, Ashapura Minechem, SMB, Cambia Mining, Dynamic Mining, and TBA - agreeing to jointly modernise and operate the Dapilon Line mining road, a key logistics corridor. The main goal of this agreement is lifting the country’s bauxite production capacity by 50 million tonnes. The agreement outlines four necessary tasks to reach the ultimate goal. One of them is streamlining mineral transport and the others are cutting operational costs and raising state revenues. ouna Sylla, Minister of Mines and Geology, said: “This agreement is extremely important because it sufficiently demonstrates that today, under the leadership of the President of the Republic, there is a new mining...
Vedanta Aluminium plans gender diversity with all-women locomotive team expansion
Vedanta Aluminium has announced plans to expand its all-women locomotive team at Jharsuguda aluminium smelter in Odisha by the end of this year. This is the extension of the company’s ongoing efforts to foster inclusivity and promote women’s leadership in the traditionally male-dominated industrial roles. At present, the women's team at Jharsuguda comprises seven members who are in charge of the management of key logistics operations within the plant. As a part of the plan, six more members will be added to the team, which will help the company address the growing operational demands at the site. Also, it will support Vedanta Aluminium’s drive to enhance gender diversity across its workforce. Also Read: Vedanta powers ahead with record-breaking alumina & aluminium production in Q2 2026...
Constantia Flexibles & Watttron unveil dual-material sealing system
Constantia Flexibles and Watttron have developed a high-end sealing solution that allows polypropylene (PP) and aluminium lids to be sealed on the PP cups using the same system. The innovation is built on Constantia Flexibles’ PPCover, a mono-material PP lidding solution. The primary obstacle was adapting it to existing sealing machines because it might lead to inconsistencies. Also, there is an ongoing pressure to maintain consistent, high-quality seals across various lid materials, without any deformation. Here’s how the innovation surpasses traditional seals Conventional sealing systems usually cover the entire sealing head, which often leads to excessive heat exposure and issues like lid curling. While these are not too common, these risks led Constantia Flexibles to explore a more...
China tightens rare earth export restrictions, adds new materials and equipment
In an effort to strengthen Beijing’s control over global supply chains, the Chinese Ministry of Commerce has announced a new expansion of its export control regime for rare earth elements. The new expansion also includes several new materials and processing equipment alongside the rare earth elements. The ministry has confirmed that erbium, holmium, thulium, and ytterbium - elements essential for high-performance magnets, lasers, and optical devices - will now come under the updated export control regulations. Rationale behind the new supply chain regulations Beijing’s move signals a tighter grip on critical materials vital to renewable energy, defence, and semiconductor industries. Analysts see it as part of China’s broader bid to strengthen its influence over global high-tech supply...
Proposed acquisition of Telwater by Yamaha raises competition concerns in the aluminium trailer boats market
Yamaha Motor Company Ltd (YMC), in Australia, is planning to acquire full ownership of Telwater from Bombardier Recreation Products Inc (BRP), along with its property in Coomera, Queensland, where aluminium trailer boats, mainly used for leisure purposes, are manufactured, assembled, and stored. Telwater is a reputable manufacturer of trailer boats serving popular brands like Quintrex, Stacer, and Yellowfin, which could be a reason for Yamaha showing interest in acquisition, using Telwater’s dominant position to favour its own motors over its rivals like Mercury and Suzuki in the Australian wholesale market, flagged by the Australian Competition and Consumer Commission (ACCC). The government department has clearly raised concerns that this acquisition by Yamaha might reduce competition in...
MRF commits INR 990 million to Serentica Renewables in a major clean energy investment
India’s top tyre maker, MRF Limited, is stepping firmly into the green energy space with a INR 990 million investment to acquire a 26 per cent stake in Serentica Renewables India Private Limited. The transaction signifies a defining point in MRF's decarbonisation strategy as the automotive industry transitions toward sustainable manufacturing. A strategic clean energy partnership MRF will acquire the stake through cash consideration. The transaction includes a long-term power supply and consumption agreement for solar and wind energy under India’s captive power policy. Completion is expected by 31 July 2026. Serentica, located in Gurugram, was founded in May 2025 and is dedicated to the development, ownership, operation and management of renewable power projects across solar, wind, hydro...
ABx Group invests $2.7M to strengthen Sunrise Bauxite Project
According to recent reports, ABx Group (ASX:ABX) has secured USD 2.7 million of funding from Good Importing International (GII) to accelerate its Sunrise Bauxite Project in Queensland. The funding by GII marks a strategic partnership that is directed to fast-track the development and positioning of the Sunrise Bauxite project for near-term production. Under this agreement, GII is supposed to hold 70 per cent interest in the Sunrise Bauxite Project. The funds invested by GII will be primarily invested in finishing off the project design, so that the initial extraction of the bauxite from the Binjour mine becomes successful. The exports of the first extracted bauxite are planned through the Port of Bundaberg. ABx Group is an Australian resources company focused on developing heavy rare...
NALCO records 11 million share transactions, joins top active stocks
India’s leading integrated aluminium producer, National Aluminium Company Ltd (NALCO), recorded 11,005,871 shares on October 8, with a total turnover of approximately INR 244.13 million (USD 27.5 million). The stock opened at INR 218.15 (USD 2.456) and climbed to an intraday high of INR 223.23 (2.514), marking a gain of 2.84 per cent over yesterday’s close of INR 217.07 (2.444). After two consecutive down sessions, the stock has reversed trend and outperformed its sector by 0.82 per cent. In technical terms, it is now trading above its 5-, 20-, 50-, 100- and 200-day moving averages, underlining a strong relative performance. However, investor participation appears muted: delivery volume dropped by 49.49 per cent versus the 5-day average, clocked at 2.423 million on 7 October. The stock...
Gilpin strengthens packaging portfolio with acquisition of AMCLO
Gilpin has successfully completed the acquisition of AMCLO, one of the largest independent producers of metal closures for composite cans, cores, and tubes. The deal encompasses AMCLO’s production equipment, inventory and established customer base. As part of the acquisition plan, Gilpin has appointed Rayfield Metal Stamping – a subsidiary of Reynolds Services Inc. – its primary manufacturing partner. The AMCLO assets will be relocated to Rayfield’s Greenville, Pennsylvania, facility, where the production of a comprehensive AMCLO product range, such as custom metal caps, plugs, closures, and more, will begin immediately. Gilpin will assume responsibility for all sales, marketing and supply chain management responsibilities for both existing and new customers. This approach is expected to...
LDEQ flags red mud management at Atalco alumina refinery
Atlantic Alumina, also known as Atalco, has come under regulatory scrutiny following reports of red mud discharges from its Gramercy refinery in Louisiana. The refinery is the only alumina refinery left in the United States, producing aluminium oxide from bauxite. The site relies on giant manmade lakes to store a caustic red mud slurry, a by-product of the refining process. Last year, breaches in these levees reportedly allowed materials containing trace levels of arsenic, cadmium, chromium and other heavy metals to escape into surrounding drainage systems. State action and compliance pressure In August, the Louisiana Department of Environmental Quality (LDEQ) issued a “Notice of Potential Penalty” outlining multiple compliance concerns. Inspectors first spotted the leaks more than a year...
Europe’s aluminium tube output falls amid broader packaging slowdown in H1 2025
Recent data from the European Tube Manufacturers Association (ETMA) reveals that the tube manufacturing industry in Europe experienced a bleak performance in the first half of 2025. Consequently, the effects are being felt in the global deliveries of aluminium, laminates, and plastic tubes. Not only is there a sharp decline of 3.9 per cent in global deliveries, but it also indicates a total decline in units compared to the same period in 2024. Aluminium tube deliveries hit by pharmaceutical decline Due to the production issues, deliveries of aluminium tubes fell by 4.8 per cent, amounting to almost 2 billion units. However, the demands from the food sector have been steady so far, and the cosmetics industry offered a modest increase; a significant decline in the pharmaceutical segment...
Alupro-SUEZ collaborations aim to enhance aerosol recycling in the UK
Alupro, in collaboration with SUEZ, and funded by the Aerosol Recycling Initiative (UKARI), has launched a new innovative communication program aimed at enhancing recycling rate in the United Kingdom. This digitally driven campaign mainly focuses on the effective utilisation of various measures to enhance the overall recycling initiatives for the aerosol can in the UK. The campaign also comprises an independent study on the type of household waste produced and thrown away by people at places like MRFs in Greater Manchester and the West Midlands. This campaign is designed around a catchy strapline, “ Shake, Spray, Squirt,” that uses various videos and digital content and is shared all across social media. This content helps educate all people on how to properly recycle empty aerosol cans...
