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01 MAY 2022 AL CIRCLE

Recycled aluminium weekly recap: Recycling facilities in south-eastern Wisconsin paying more for aluminium cans; UK's aluminium packaging recycling rate creates a new benchmark

EDITED BY : MAYURAKSHI GANGULY 4MINS READ

The recycled aluminium sector embraced both developments and boundaries this week. To reduce the carbon footprint left by the misuse of materials by human beings, companies are adopting various methods regularly. Aluminium cans are being paid more at recycling facilities in south-eastern Wisconsin, allowing customers to profit from the increased demand. While in the UK, the aluminium packaging recycling rate reached a new high of 68% in 2021, with more than 156,000 tonnes collected for recycling.

Recycled aluminium weekly recap

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On April 20, 2022, PyroGenesis Canada Inc., headquartered in Montreal, Quebec, provided a comprehensive update on its aluminium business line. The company is highly upgraded and excels in the design, development, manufacturing, and commercialisation of advanced plasma processes and sustainable solutions that aim to reduce greenhouse gases (GHG).On 27th September 2021, the Company announced the beginning of its joint venture with US-based Drosrite™, one of the leading residue processors to recover aluminium from dross.

To know more: https://www.alcircle.com/news/pyrogenesis-and-its-jvs-moving-towards-sustainability-by-producing-aluminium-from-dross-or-pot-lining-material-79240

On April 22, Round Bottom Recycling in Milford US was given US$1 per pound in return for cans that were ready for recycling. This was an Earth Day deal offering consumers nearly double the prevailing cost for aluminium cans. Owner Zach Moore had stated that business on Earth Day was quite full as customers were receiving a good amount for every type of metal they were bringing.

To know more: https://www.alcircle.com/news/round-bottom-recycling-marked-earth-day-by-offering-us1-for-aluminium-can-recycling-79253

Following the failure of Orthios, the massive former aluminium plant at Holyhead, and multi-million-pound recycling equipment, is up for sale. The joint administrators have put up for sale the assets of Orthios (Anglesey) Technologies Limited and its subsidiaries, Orthios Feedstock (Anglesey) Limited and Orthios Otech 5 Limited. The 230-acre land can be purchased independently or as part of a package with the assets.

To know more: https://www.alcircle.com/news/assets-of-former-aluminium-plant-orthios-up-for-sale-79261

At Alcoa, they are working on a vision to reinvent the aluminium industry. In some cases, that means transformative innovation that will fundamentally change the way they produce aluminium in the future. In other cases, it means important upgrades that can help advance sustainably today – the most recent example being their Mosjøen smelter.

To know more: https://www.alcircle.com/press-release/alcoa-advances-sustainably-with-recycled-aluminium-produced-using-renewable-energy-79270

On 29th April 2022, the Norwegian aluminium company with its headquarters in Oslo, Norsk Hydro has announced a tender offer for the acquisition of 100% of the shares of Alumetal S.A, a company listed on the Warsaw Stock Exchange for 68.4 PLN per share in cash (the “offer price”), representing an aggregate equity purchase price of approximately 1.066 PLN million (approx. EUR 232 million).

To know more: https://www.alcircle.com/news/hydro-announces-bid-for-all-the-shares-of-polish-recycling-firm-alumetal-sa-79296

The United Kingdom’s aluminium packaging recycling rate reached a new high of 68% in 2021, with more than 156,000 tonnes collected for recycling (a 3% rise year-on-year). Moreover, four out of every five beverage cans (82%) were recycled last year, matching the previous high of 2020.

To know more: https://www.alcircle.com/news/uk-s-aluminium-packaging-recycling-rate-creates-a-new-benchmark-in-2021-alupro-79265

The 83% stakeholder of Alcore Limited, ABx Group Limited made public that its subsidiary has been granted $7.5 million from the Australian Government’s ‘Modern Manufacturing Initiative’ to support its proposed $16.4 million aluminium smelter bath recycling plant in Bell Bay, Tasmania.

The proposed plant is acknowledged to be the world’s elemental commercial plant to recycle aluminium smelter bath into valuable chemicals. The plant is propounded to transform 1,600 tonnes per year of aluminium smelter bath into hydrogen fluoride and other industrial chemicals. 

To know more: https://www.alcircle.com/news/the-australian-government-awards-a-7-5m-modern-manufacturing-grant-to-abx-subsidiary-alcore-79287

Report on World Recycled Aluminium Market Analysis

Tomra has made a long-term commitment to being a leader in the resource revolution. Through automated sensor-based sorting technologies, the business aims to enhance the aluminium industry's environmental performance. Tomra confirms once again that its famous performance continues to improve the manufacture of green, recycled aluminium as a pioneer in dual-energy XRT technology with a remarkable heritage in metal, mineral, and diamond sorting.

To know more: https://www.alcircle.com/news/tomra-observes-15-years-of-x-tract-technology-for-sorting-of-aluminium-71737


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EDITED BY : MAYURAKSHI GANGULY 4MINS READ

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