Odisha Chief Minister Mohan Charan Majhi visited Emirates Global Aluminium’s (EGA) Jebel Ali site in Dubai, highlighting the strategic importance of the NALCO–EGA technology licensing partnership in strengthening Odisha’s aluminium industry. During the visit, Majhi emphasised how the collaboration...
Futures: The most-traded SHFE aluminium contract opened at RMB 24,310 per tonne in the night session on September 10, reached a high of RMB 24,310 per tonne and a low of RMB 24,075 per tonne, and closed at RMB 24,125 per tonne, down RMB 365 per tonne or 1.49 per cent from the previous close....
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Defying predictions of a close race or a delay of days or weeks for the final numbers, Donald Trump has emerged with enough Electoral College votes to take back the job he held 4 years earlier. His victory speech at 2 in the morning offered little in the way of clues, but as most pundits have...
The year-on-year decline in the United States imports of aluminium crude metal and alloys for consumption, alongside the increase in domestic scrap generation and restrained export volume, indicates the country's intentional shift in focus from primary to secondary aluminium applications. From...
Contradictory to August 2024's decision of cancelling the auction, State Property Fund has scheduled a repeated auction for the state-owned stakes of ZaporozhyeIndustrial Aluminium Plant JSC, a company in Ukraine that was known as the producer of aluminium bars and cylindrical ingots. Image Source:...
Vedanta Aluminium, India's largest producer of aluminium, announces that its e-commerce platform, Metal Bazaar, is making significant strides in transforming the buying behaviour of small and medium enterprises (SMEs). In just six months since its launch, SME users have increased by 35 per cent,...
Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter ex-China, is reportedly thinking otherwise about its capacity expansion plans. Instead of proceeding with the plan of building a new Line 7, the company is considering installing new production facilities to replace the existing...
On October 11th, Dongxing Aluminum Company achieved a significant milestone as 20,000 tonnes of its electrolytic primary aluminium liquid received certification from the Green Product Evaluation Centre of the China Nonferrous Metals Industry Association. With this certification, Dongxing Aluminum's...
The Americas primary aluminium production in the third quarter of 2024 maintained a steady trend, reaching 1.375 million tonnes compared to 1.372 million tonnes in Q2 2024, despite monthly output drop in August and September, particularly in North America. Image Source: Rio Tinto's Kitimat Smelter...
Century Aluminum Company, a US-based producer of primary aluminium, announced its third-quarter 2024 results, revealing net sales of $539.1 million. That was down by 3.9 per cent sequentially from $560.8 million, attributed to decreased third-party alumina sales but partially offset by increased...
Aluminium Bahrain (Alba), the world's largest single-site aluminium smelter, has entered into a strategic partnership with Bahrain-based ARRAY Innovation, a leader in AI and digital cloud solutions. The partnership, formalised at the Gateway Gulf Investment Forum's second edition, focuses on...
On October 31, five armed men stormed into a Uchi Mangli village (Punjab, India) based factory and stole over 18 quintals of aluminium and copper. The factory's security guard was held hostage during the unfortunate incident and, after the goons left, informed the owner, who then informed the local...
In a momentous farewell, National Aluminium Company Limited (NALCO), India's premier mining and metals powerhouse, announced the retirement of its distinguished Chairman-cum-Managing Director, Shri Sridhar Patra, effective October 31, 2024. Sridhar Patra, a stalwart in the industry, steps down...
AL Circle recently had the privilege of attending the presentation of Mr Uday Patel, Senior Research Manager for Metals and Mining – Aluminium, Wood Mackenzie, at the ICSOBA 2024 conference in Lyon, France. This enlightening session provided valuable insights into the current challenges facing the...
Rio Tinto's previously announced acquisition of Sumitomo Chemical Company's (SCC's) 20.64 per cent interest in New Zealand Aluminium Smelters (NZAS) was completed on November 1, 2024. NZAS owns and operates the Tiwai Point aluminium smelter in New Zealand. Following the completion of the...
Chinese anode producer Sunstone was pleased to win a major order from US Aluminum company Alcoa and was so pleased that the story was released in Chinese media. I saw this photo and the accompanying story in Yicai. The story confirms that the contract is for 240,000 tonnes of anodes for the buyer's...
China's largest aluminum producer Aluminium Corporation of China Limited, popurlarly known as Chalco, has released its third quarter’s fiscal results, posting a 3.3 per cent year-on-year rise in net profit to RMB 2 billion (US$280.4 million). During the period under review, Chalco’s revenue also...
Alcoa, an American industrial corporation and the world's eighth-largest producer of aluminium, has reportedly expressed its optimistic outlook on the usage of aluminium to be driven by power grids, energy storage, and solar panels development to support energy transition to renewable energy. Image...
The Aluminium Association of India (AAI) has proposed raising import duties and outlined an investment plan of ₹3 lakh crore to accelerate growth in the aluminium sector as part of its pre-budget recommendations to the Department for Promotion of Industry and Internal Trade (DPIIT) under the...
The traditional "September peak season" revitalised demand for China's primary aluminium billets and boosted their operating performance, leading to a new high production volume for the year and historically. Despite fewer operating days in September compared to August, the domestic primary...
