50 billion in revenue and 20 billion in profit is what Vedanta Group is looking forward to over the next two years, said the Founder & Chairman, Mr Anil Agarwal, during an interactive session organised by the Indian Chamber of Commerce (ICC) at Taj Bengal, Kolkata on October 28, 2026. While he sees India as a powerhouse of metals and minerals, his attention is caught by West Bengal, located in the Eastern part of India. Mr Agarwal believes the future of Bengal looks bright, as the state has a strategic geographical location with major mining states like Jharkhand and Odisha as its neighbours. By directing high hopes for Bengal and praising the double engine government, Agarwal expressed his willingness to invest in the state in sectors like mining, minerals and power. He also met the...
Hydro has begun construction of a new 5,900 metric ton indirect aluminum extrusion press line at its Cressona facility in Pennsylvania, backed by a $53.5 million investment aimed at modernizing production, expanding specialist extrusion capacity, and strengthening the company’s North American manufacturing operations. The groundbreaking took place on October 27, with operations expected to commence in the first quarter of 2028. The new press will replace equipment dating from the 1950s and introduce Industry 4.0 technology, advanced automation, improved energy efficiency, and enhanced safety performance. New press targets growing demand for specialist extrusions The investment comes as demand for indirect aluminum extrusions continues to grow across commercial transportation, automotive,...
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On January 31, 2023, the US Customs and Border Protection began issuing "detention notices" for such products, which the Danish shipping company, active in ocean and inland freight transportation and associated services, A.P. Møller – Mærsk A/S said on its website that the action would most likely target aluminium used in automotive parts. The US and other nations have accused China of using forced labour in Xinjiang, which Beijing has denied. This dispute is just one of several between the world's two largest economies, which increasingly view one another as their main geopolitical rival. Mao Ning, the spokeswoman at China’s Foreign Ministry, when asked about the issue at a regular press briefing in Beijing, stated that the US was politicizing trade issues and destabilizing supply chains...
On February 3, 2023, Constellium announced the completion of the sale of its Ussel foundry to French Investment Holding Noe Industries. Among its many markets and applications, Constellium develops innovative and value-added aluminium products for aerospace, automotive, and packaging. Constellium generated a total of €6.2 billion in 2021. The Ussel facility specializes in precision casting for aerospace and defence, with 250 employees and 20 million euros in revenue in 2021. Following the completion of the regulatory information and consultation process for employee representative bodies, this announcement is being made. However, the terms of the transaction have been kept confidential.
Hindalco Industries Limited has curtailed its aluminium products prices by INR 3,250 per tonne or 1.25 per cent, with effect from February 3. That brought the company’s aluminium wire rod price to INR 252,600 per tonne versus INR 255850 per tonne on February 2, up by INR 7,250 per tonne from 248,600 per tonne on February 1. Hindalco’s aluminium billets price has also been reduced by INR 3,250 per tonne on February 3, after a significant increase on the previous day. On February 2, Hindalco’s aluminium billets price was lifted by INR 7,250 per tonne to INR 258,850 per tonne but slashed the next day to INR 255,600 per tonne. With the latest cut, Hindalco’s aluminium ingot price has come in at INR 241,500 per tonne as of February 3 versus INR 244,750 per tonne on February 2. Hindalco links...
Uniformity Labs (Uniformity), a provider of engineered materials, has made their UniFuse™AlSi10Mg aluminum powder available with optimised parameters for L-PBF printing at 50um and 90um layer thickness. This comes with the release of UniFuse™ AlSi10Mg and the optimisation of printing settings for 30um layer thickness. With the greatest throughput printing across L-PBF platforms, UniFuse™ AlSi10Mg powder and processing settings are designed for best-in-class material characteristics and reproducibility at each layer thickness. Compared to similarly priced rival materials, components spanning several L-PBF platforms have been produced using the UniFuse™ AlSi10Mg powder and optimised print methods at a substantially faster rate. Through developing and manufacturing their extremely advanced...
The leading supplier in the area of electrostatic powder coating with a worldwide presence, Gema Switzerland GmbH celebrates the fifth anniversary of the acquisition of the Italian engineering company dedicated to designing, producing and installing aluminium extrusions surface finishing equipment and packaging systems Surface Aluminum Technologies SRL (SAT). The acquisition, finalized in January 2018, represented a significant development for SAT and Gema, for customers and the finishing market. After being strong business partners for many years, Gema and SAT decided to join forces to offer a great experience and local assistance to all aluminium industry customers. On one side, SAT has developed a broad portfolio of very innovative solutions for powder coating and anodizing of...
Capral Aluminium, one of Australia's leading providers of aluminium products and associated services, finally completed its acquisition of Wollongong, New South Wales-based Allyman Aluminium on Friday, February 3. According to the firm, the acquisition is a part of Capral's goal to grow its distribution footprint so that it has Aluminum Trade Centers and distribution hubs strategically positioned all around Australia. This acquisition was announced on December 16, 2022, and was finally fulfilled in February 2023. Since its establishment in 2012, Allyman has actively served manufacturers and tradespeople in the neighbourhood and beyond. As per the sources, the South-Wales-based aluminium distributor will change its name to Capral's third Aluminium Centre in NSW after the acquisition....
Jiangsu Dingsheng New Energy Materials Co., Ltd, a manufacturer of aluminium plates, strips, foils and other items, has signed a supply and purchase agreement with LG Energy Solution. Under this agreement, Jiangsu Dingsheng will supply around 61,000 tonnes of aluminium foil for lithium batteries to LG Energy Solution. The contract is expected to last from 2023 to 2026. According to the corporation, LG's demand and production conditions will determine the purchase quantity. Per the statement, the arrangement would significantly affect Dingsheng's performance in 2023. LG Energy is already one of the company's customers. The Chinese aluminium manufacturer also collaborated with Contemporary Amperex Technology, CATL, BYD, and Gotion High-Tech. LG Energy Solution is a battery company...
Patriot Aluminum, a US-based company known for producing a whole array of rigid aluminium and stainless steel conduit, elbows, couplings, etc., was relocated to Caroline County, Maryland. This was made possible due to the resourceful alliance between Caroline County Economic Development and Donovan Marine, represented by John Foster of SVN Miller Commercial Real Estate. This is a welcome addition to the Caroline County business community. A comprehensive variety of aluminium fence panels, posts, and gates are manufactured by the family-run firm, owned and controlled by American veterans. 2018 saw the purchase by Donovan Marine of the Bartley Building, a business building on Engerman Avenue in the Denton Industrial Park. Because the structure was more than required, there was a bonus...
Polestar 0 is a project that aims to create a genuinely climate-neutral car by 2030. Gränges will contribute to the research and development of circular and low-climate impact aluminium materials and processes through its expertise in rolled aluminium. Jörgen Rosengren, the CEO of Gränges, said, "We seek to collaborate with companies who share our sustainability ambitions and net-zero targets. To get there, we need to accelerate all parts of the value chain, from material sourcing, recycling, product development and production processes to use the end product. The partnership for Polestar 0 is an excellent example of how we use our expertise in sustainable materials and processes to help customers and partners on their decarbonization journeys." Gränges' strategy is based on...
ALRO, one of the largest vertically integrated aluminium producers in Europe, has reportedly bagged the new updated ASI Performance Standard V3 (2022) Certification for its ALRO S.A. operations in Slatina, Romania. ASI has issued its new updated ASI Performance Standard certification for the first time to a European company. Through the certification, ASI has acknowledged ALRO’s production and sale of aluminium alloy slabs, billets, wire rods, and plates and sheets with the use of the processes like castings, hot rolling, homogenization, heat treatment, mechanical processing, finishing and testing. ALRO in Slatina has a production capacity of 265,000 TPA of electrolytic aluminium, 47,000 TPA of secondary aluminium, 332,000 TPA of primary aluminium cast products, and 90,000 TPA of flat...
Aluminium Stewardship Initiative (ASI) announced the joining of Sigma Machine as its new Industrial User member. With a focus on aluminium machining and stainless steel, Sigma Machine runs a spotless, well-lit, effective, and environmentally friendly facility that satisfies Tier 1 regulations and goes above and beyond for its customers. Founded in 1955, Sigma is dedicated to providing top-notch design, prototyping, and manufacturing services, led by their positive outlook and solid midwestern work ethic. With more than 100 staff working in three shifts and five days a week, the company provides its clients with tools to have their prototypes created, prototyped, and built from one source, with one purchase order, to give them a one-stop shopping experience. ‘Sigma Machine supports using...
Hindalco Industries Limited has trimmed its aluminium products and aluminium ingot prices, with effect from January 31, following a surge in the previous week. The company has cut its aluminium wire rod price by INR 1,500 per tonne to sell the product at INR 252,100 per tonne versus INR 251,600 per tonne on January 25. Hindalco’s aluminium billets price has also been reduced by INR 1,500 per tonne, with effect from January 31, from INR 256,600 per tonne to INR 255,100 per tonne. Aluminium ingot price is no exception but also seen a cut of the same amount to stand at INR 241,000 per tonne as of January 31. Hindalco links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which dropped by US$29 per tonne during January...
With regard to alleged violations of the federal Lead Renovation, Repair, and Painting regulations (RRP) at the renovation projects carried out by Logan Square Aluminum and its contractors in Chicago and the Chicago suburbs, the U.S. Environmental Protection Agency (EPA) and the Department of Justice (DOJ) announced a settlement with the Russellville based aluminium rolling mill. According to the terms of the court settlement, Logan Square will put in place a thorough procedure to make sure that all of its contractors are licenced and taught to employ lead-safe work methods to prevent the creation of lead dust during home restoration projects. The renovation encompasses the majority of the repair, remodelling, and maintenance tasks including carpentry, plumbing, electrical work, and...
Situated in Melbourne, the Innovative Manufacturing Cooperative Research Centre (IMCRC), and AML3D Limited from Edinburgh, alongside Deakin University's Institute for Frontier Materials (IFM), Victoria, have come together to create a novel high-strength aluminium wire feedstock. This feedstock would be compatible with Additive Manufacturing devices and suitable for welding technologies that exponentially reduce post-manufacturing heat treatment duration. The latest wire feedstock is the outcome of a research project that commenced in 2021 due to the aggravating need for high-strength aluminium wire for Additive Manufacturing by AML3D. It was crucial for the company to develop such an alloy that disregards heat treatment after manufacturing is accomplished. The Executive Director and Chief...
Novelis’ facility in the Changzhou National Hi-Tech District, Jiangsu Province, China, has bagged the first updated Chain of Custody Standard V2 certification from the Aluminium Stewardship Initiative. The revised certification was launched in May 2022 following a multi-year revision process. Novelis Changzhou facility produces high-strength and lightweight aluminium sheet for the use in full structural frames, hoods, doors, fenders and many other components for lightweight vehicle structures and body panels. A few months ago, in April 2022, Novelis China received ASI Performance Standard V2 (2017) certification. ASI CoC Standard V2 defines criteria for the creation of a Chain of Custody for material that is produced and processed through the aluminium value chain into diverse downstream...
To suffice Europe’s growing demand for battery components, Gränges has planned a SEK 600 million investment over two years to double its battery cathode foil production capacity in Finspång, Sweden, which will be active by 2025. General Motors (G.M) allotted US$55 million from the major US$918 million investment for its Defiance plant in Ohio, which houses an aluminium foundry and a machining centre. A critical fume extraction procedure was executed at a respectable aluminium foundry in Gujrat by experts from industrial air and liquid filtration firm Losma India. The National Aluminium Company Limited increased its aluminium products and aluminium ingot prices for the third time in a row, effective from January 26. It has been currently declared by General Motors (G.M.) that the company...
A week later, since the last hike, National Aluminium Company Limited (NALCO) has further increased its aluminium products and aluminium ingot prices, with effect from Thursday, January 26. This marks the third consecutive escalation in NALCO’s aluminium prices. According to the latest price chart of the company, its aluminium wire rod price is being grown by INR 3,500 per tonne or 1.4 per cent to INR 247,350-251,700 per tonne. NALCO’s aluminium billets price has also seen a raise of INR 3,500 per tonne, with effect from January 26, from INR 243,800-246,450 per tonne on January 18 to INR 247,300-249,950 per tonne on January 26. Aluminium ingot price currently stands at INR 242,850-246,350 per tonne, also up by INR 3,500 per tonne from INR 239,350-242,850 per tonne a week earlier. NALCO...
Hindalco Industries Limited increased its aluminium products prices by INR 2,000 per tonne, with effect from January 25. That brought the company’s aluminium wire rod price to INR 253,600 per tonne versus INR 251,600 per tonne on January 21. Hindalco’s aluminium billets price came in at INR 256,600 per tonne as of January 25, compared to INR 254,600 per tonne in the previous week. Aluminium ingot price also saw a rise of INR 2,000 per tonnes on Wednesday, January 25, to reach INR 242,500 per tonne from INR 240,500 per tonne on January 21. Hindalco links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the London Metal Exchange, which grew by US$20.50 per tonne during January 20-25 to stand at US$2,606 per tonne. Aluminium operations of the...
