Scientists at Oak Ridge National Laboratory have advanced the use of DuAlumin-3D for high-temperature automotive components, opening new possibilities for stronger, lighter 3D-printed aluminium parts in engines and beyond. Aluminium has long been attractive for automotive components because it...
India’s public-sector banks have proposed putting electric vehicles, charging networks, battery-swapping infrastructure and climate-transition projects into a clearer priority-sector lending framework. The plan could direct more formal credit toward the systems needed to scale electric mobility,...
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On Tuesday, February 1, Hydro completed the sale of its aluminium extrusion plant in Kuppam, India, to Hindalco Industries Limited, as was expected in the first quarter of 2022. On December 17, Hydro had signed a Business Transfer Agreement to sell its extrusion operations in Kuppam to Hindalco for...
The Manchester-based asset-based lender, Praetura Commercial Finance has sanctioned an £11.4 million funding package to Evtec Aluminium for the acquisition of Liberty Aluminium Technologies. Praetura Commercial Finance arranged and provided the £11.4 million asset-based lending (ABL) facility...
The downstream segment of the global aluminium industry has always been the most vital part of the sector, as the downstream segment also refers to engineered products and solutions. The American multinational automotive manufacturing company, General Motors plans to upgrade Indiana aluminium die...
On 10 th December 2021, the board of auto components maker Minda Industries at its meeting has approved Capex of INR 74 crore for the Minda Kosei Aluminum Wheel plant in Gujarat. The auto wheel manufacturer Minda Kosei has proposed expansion of its Gujarat plant production capacity from 90,000 to...
The Dutch Aluminum producer, Delfzijl Aluminum commonly known as Aldel has been safeguarded from a third-time bankruptcy but it pursues to axe several jobs. The present director of the company, Chris McNamee and his company Aloft are taking over the facility in Delfzijl from the American private...
On 8 th December 2021, the American multinational automotive manufacturing company, General Motors announced its plan to spend $51million to install new state-of-the-art equipment at Bedford, Indiana aluminium die casting foundry to manufacture drive unit castings for the upcoming Chevrolet...
Raffmetal and Cromodora Wheels, European aluminium alloys producer from recycling and first equipment aluminium wheels producer for major car makers, have signed a contract to develop, test, and patent an innovative high-performance primary alloys wheels from recycling. By maximising recycled...
The market has recently begun to speculate the impact of aluminium scrap on primary aluminium consumption in the coming year. However, the impact of scrap aluminium on primary aluminium will be less than anticipated as it has a number of drawbacks. The fundamental reason for this is because all...
The financial capital of India, Mumbai’s bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) granted relief to Tata Motors by ruling non-imposing of excise duty on the development of aluminium dross and skimming during the production of aluminium castings/parts of motor...
The new recycling plant built by Altech Recycling LLC in North Little Rock, Arkansas, will produce recycled materials destined for new Toyota vehicles. The plant, worth $20 million, started operating in September. It came into existence after the St. Louis-based Alter Trading Company, a scrap metal...
The leading Wheel Manufacturing industry having facilities all over India, Steel Strips Wheels (SSWL) announced that it has inked a memorandum of understanding for around $105 million from Western Hemisphere. The MoU undertakes that SSWL will supply steel and aluminium wheels for a minimum period...
The Newton Aycliffe, UK based business, which manufactures chassis components, has infused in new machinery to reinforce four new deals that comprehend long-term projects with Nissan, BMW and Jaguar Land Rover, which will succour jobs for the upcoming years. The company stated the new projects will...
Alumobility, a global ecosystem of leading aluminium and downstream technology partners that support automotive manufacturers in creating lighter, safer, smarter and more sustainable vehicles, has announced that it has welcomed ARO, Atlas Copco and Sika as new members. They are the experts in...
The Indian automobile giant Tata Motors plans to set up a 36,000 vehicle per year scrapping facility in Ahmedabad, Gujarat, in a row with India's focus to increase domestic scrap metal processing capacity and reduce dependency on scrap imports. On 13 th August, Tata Motors signed an MoU at the...
According to a recent report, Showa Denko K.K., a Japanese chemical company, has decided to double Oyama Plant’s capacity to produce aluminium heat radiators for power modules used in electrified vehicles, including battery electric vehicles, hybrid vehicles, and plug-in hybrid vehicles. As per the...
This week the global aluminium industry’s downstream segment delivered some great news and definitely, it throws positive response to the market, while the week also had controversial news as American Industrial Partners (AIP) came up with a board spat with British industrialist Sanjeev Gupta on...
The global car manufacturing companies are required to do more to address the exploitation of human resources in their aluminium supply chains and the bauxite mines, including the destruction of farmland, damage to water sources and excessive greenhouse gas emissions that affect communities in...
The global automotive industry is countering a lot of disarrays, counting stricter regulations on emissions steering automakers to switch to the electric vehicle segment. India’s leading manufacturer and exporter of auto components, stated in its annual report: “2021 will be the year electric...
