The Mozal aluminium smelter in Mozambique intends to increase primary aluminium output by 40,000 tonnes during the current fiscal year, which began in June. Mozal Aluminium's facility in Southern Africa is the country's biggest industrial employment. Aluminium Bahrain B.S.C. (Alba) received the renowned Brandon Hall Group Silver Award for Excellence 2023 in the Best Development Programme for Frontline Leaders' Category, demonstrating its dedication to the professional development of its personnel. The China Federation of Logistics and Purchasing recently published its list of China's 36th batch of A-level logistics enterprises, with Chinalco Logistics and Yunnan Aluminium Logistics receiving the highest rating of 5A-level logistics enterprises and entering the "first echelon" of China's logistics industry. The Aluminium Association of Canada, The Aluminium Association, European Aluminium, and the Japan Aluminium Association sent a joint briefing to the Group of 7 (G7) trade ministers before their October meetings in Osaka, Japan.
The Mozal aluminium smelter, located in Mozambique, plans to boost primary aluminium production by 40,000 tonnes during the ongoing fiscal year, which commenced in June. The operation of Mozal Aluminium in the Southern African nation is considered the largest industrial employer in the country.
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Aluminium Bahrain B.S.C. (Alba) was honoured with the prestigious Brandon Hall Group Silver Award for Excellence 2023 in the Best Development Programme for Frontline Leaders' Category. This recognition marks the fourth time that Alba was honoured by the Brandon Hall Group, with previous awards won in 2016, 2018, and 2021.
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The China Federation of Logistics and Purchasing recently released its list of the 36th batch of A-level logistics enterprises in China, with Chinalco Logistics and Yunnan Aluminum Logistics achieving the highest rating of 5A-level logistics enterprises and entering the "first echelon" of China's logistics industry.
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The Aluminium Association of Canada, The Aluminium Association, European Aluminium and the Japan Aluminium Association released a joint briefing to Group of 7 (G7) trade ministers ahead of meetings in Osaka, Japan this October.
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In a recent development, Chinalco, a leading aluminium producer, announced a significant change in the leadership structure of its Guizhou enterprises. The decision was made during a cadre meeting held on September 8 at the ChalCO Guizhou Enterprise.
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The producers and consumers in the metals industry are convening this week to negotiate supply agreements for the upcoming year, with Russian aluminium causing division within the sector. While certain industrial consumers have opted not to consume supplies from Russia due to the Ukraine-Russia geopolitical issue, opposing arguments suggest that such a stance is unjustifiable when sanctions do not encompass a company or its metal products.
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The 37th Fastmarkets International Aluminium Conference 2023 is anticipated to be a significant milestone in the world of aluminium industry conferences. This prestigious conference brings together the global aluminium industry leaders under one platform.
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The Shanghai Metals Market, on September 15, experienced a heightening streak in aluminium prices all over China, with the SMM A00 aluminium ingot price soaring by RMB 110 per tonne to officially close at RMB 19,540 per tonne. The average prices have ranged between RMB 19,520 per tonne and RMB 19,560 per tonne.
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LME aluminium opened at US$2,211 per tonne on Thursday, with its high and low at US$2,239 per tonne and US$2,206.5 per tonne, respectively, before closing at US$2,220 per tonne, an increase of US$12 per tonne or 0.54 per cent.
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The combined effects of alumina and self-supplied electricity prices caused an uptick in the cost of electrolytic aluminium in August. The Mysteel aluminium research team extensively analysed electrolytic aluminium enterprises in China. In August 2023, the weighted average full cost of the Chinese electrolytic aluminium industry stood at 15,764 yuan per tonne, reflecting a 137 yuan per tonne increase compared to the previous month.
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According to a source on Wednesday, September 13, China Hongqiao Group moved 1.5 million tonnes of aluminium smelting capacity to Yunnan, a region with abundant hydro power. Going ahead, China Hingqiao Group aims to deploy 4 million tonnes of aluminium smelting capacity by the end of 2025 in Yunan to leverage the availability of renewable energy.
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China’s aluminium production continued to grow in August 2023 (31 calendar days), standing above 3.6 million tonnes, according to the Shanghai Metals Market survey. Data showed the output clocked at 3.623 million tonnes, registering a 1.54 per cent M-o-M growth from 3.568 million tonnes and a 3.9 per cent Y-o-Y hike.
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In October 2019, the province Party Committee and provincial government facilitated the establishment of the Yunnan Green Aluminium Innovation Industrial Park in Yanshan. The park successfully established and integrated the whole industrial chain of green aluminium via its dependence on the 2.03 million tonnes of green aluminium project initiated by Yunnan Hongtai Company.
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The "Aluminium Industry Big Data Integration and Innovation Centre" initiated by Zhengzhou Research Institute achieved a significant milestone by securing inclusion in Henan Province's "Big Data Industry Integration and Innovation Centre."
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