Macro rate hike expectations bring periodic pressure, while destocking in China provides solid bottom support
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....
Aluminium eggshells take on space debris with nearly 65% impact reduction
Researchers at Dalian University of Technology in China have tested a spacecraft protection structure made from water-filled aluminium eggshells, with the design reducing the velocity of an impact projectile by nearly 65 per cent. The research, published in the Journal of Applied Physics , looked...
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Aluminium industry's net zero ascent: Insights from WEF's 2023 Industry Tracker
The World Economic Forum (WEF) has released its Net Zero Industry Tracker 2023, the report's second edition. The report holds significant implications for the aluminium industry, particularly its efforts to achieve sustainability and reduce emissions. Focusing on heavy industrial and transport...
China’s A00 aluminium ingot price registers M-o-M plunge of RMB610/t; Aluminium powder price inches down by RMB0.1/kg
China’s A00 aluminium ingot price on Tuesday, December 5, declined the graph by RMB 140 per tonne to clock at MB 18,560 per tonne. As per the Shanghai Metals Market (SMM) data, a downfall of RMB 610 per tonne was seen M-o-M from RMB 19,170 per tonne recorded on November 3. Today, the average prices...
CISCE 2023: "Made in Chongqing" aluminium products are hailed by International OEMs
The China International Supply Chain Expo (CISCE) opened in Beijing from November 28 to December 2 with great anticipation. It showcased various aluminium alloy materials that are suitable for automotive use and materials for power battery packs. Of particular interest was the exhibit by Chinalco...
Wanda Aluminium bags the National Green Factory award for 2023
Following a public announcement by China's Ministry of Industry and Information Technology, Henan Wanda Aluminium Industry Co., Ltd. was recently honoured with the "National Green Factory" for 2023. Since being named an Energy Carbon Management Demonstration Enterprise last year, the firm has...
Brilliance BMW inks MoU with Henan Shenhuo and Shuaiyichi Group for green aluminium feedstock
In a strive to make its production chain sustainable, BMW Brilliance recently took a significant step by signing memorandums of understanding (MoUs) with Henan Shenhuo Group Co., Ltd. and Shuaiyichi New Materials Group Co., Ltd. These memorandums emphasise the importance of green electrolytic...
Yunnan Aluminium bags the Outstanding Contribution Enterprise in the Carbon Neutrality Field
Yunnan Aluminium Corporation was recently honoured with the "Outstanding Contribution Enterprise in the Carbon Neutrality Field" award at the 3rd Boao Conference on Carbon Neutrality. Yunnan Aluminium, as the aluminium industry base of China Aluminium Corporation (Chinalco) in Yunnan, demonstrates...
China’s SMM A00 aluminium ingot price earns RMB40/t today; down 1% W-o-W; Australian Alumina FOB price soars RMB56.81/t
On December 4, the Shanghai Metals Market witnessed a slight hike in aluminium prices to match the US$18,700 per tonne mark on November 29, with the SMM A00 aluminium ingot price rising by RMB 40 per tonne to close at RMB 18,700 per tonne. The average aluminium prices have circulated between RMB...
LME aluminium benchmark price descends to US$2,147.50/t; SHFE price ascends by US$18/t
LME aluminium opened at US$2198 per tonne last Friday, with its high and low at US$2217 per tonne and US$2183 per tonne, respectively, before closing at US$2200 per tonne, an increase of US$6 per tonne or 0.27 per cent. On Friday, December 1, both LME aluminium cash bid price and LME aluminium...
Shanxi Aluminum ranked 54th among the "Top 100 Enterprises in Shanxi Province"
The Shanxi Enterprise Federation and Shanxi Entrepreneur Association hosted the 2023 Shanxi Top 100 Enterprises Summit Forum in Taiyuan on November 21st. Shanxi Aluminium Industry was ranked 54 among the "Top 100 Enterprises in Shanxi Province" and 42 among the "Top 100 Manufacturing Enterprises in...
China’s A00 aluminium ingot price reflects M-o-M plunge of RMB 480/t; Low carbon aluminium price slumps to RMB 19,458/t
On Friday, December 1, China’s A00 aluminium ingot price added RMB 30 per tonne to clock at RMB 18,660 per tonne. On M-o-M calculation, a plunge of RMB 480 per tonne was recorded from RMB 19,140 per tonne on November 1. Today, the average prices are expected to stand between RMB 18,640 per tonne...
Tongchuan’s primary aluminium production in October reached 253,600 tonnes, reflecting a Y-o-Y growth of 0.5%
Since the beginning of this year, the aluminium and aluminium alloy industry chain in Tongchuan has always regarded project construction as a strong engine to promote high-quality transformation and development. As a result, the production of electrolytic aluminium in October, the primary...
Shangnan County’s two-phase electrolytic aluminium waste recycling project finally initiated
Shangnan County's recycling project, with an annual production of 200,000 tonnes of electrolytic aluminium waste, was successfully initiated on November 22. Shangnan County is in the east of Shaanxi province, China, bordering the provinces of Henan to the east and Hubei to the south. The project's...
Chinalco’s Baotou Aluminum marks the beginning of two new renewable energy projects
Recently, the Inner Mongolia Autonomous Region Energy Bureau released a statement regarding the implementation of green power supply projects. Chinalco Group's "Baotou Aluminum Industrial Park Green Power Supply Project" and "Baotou Aluminum Coal-fired Power Plant Renewable Energy Alternative...
China’s SMM aluminium ingot price plunges 1.79% Y-o-Y; Low-carbon aluminium price loses RMB178/t
The Shanghai Metals Market, on November 30, marked a region-wide digression in aluminium price trends, with the SMM A00 aluminium ingot price plummeting by RMB 140 per tonne to close at RMB 18,630 per tonne. The average aluminium prices have circulated between RMB 18,610 per tonne and RMB 18,650...
Junjia Xinyuan plans to establish a new aluminium foil business worth RMB 100 million
Junjia Xinyuan, a wholly-owned subsidiary of Jinjia Co., Ltd., announced on November 22 that it intends to invest RMB 100 million in establishing a new company named Shenzhen Jinjia Juneng Technology. This new company will conduct research and development, manufacture, and sell composite aluminium...
China’s A00 aluminium ingot price contracts by RMB80/t to RMB18,770/t; Aluminium powder price inches down by US$0.1/kg
On Wednesday, November 29, China’s A00 aluminium ingot price has contracted by RMB 80 per tonne to clock at RMB 18,770 per tonne, with the average prices standing between RMB 18,750 per tonne and RMB 18,790 per tonne. The spot contract price may be traded at a discount price of RMB 60 per tonne to...
Longding Aluminium’s double zero foil production to exceed 3,500 tonnes by December
Luoyang Longding Aluminium Industries Co., Ltd., also known as "Longding Aluminium," is a specialised aluminium processing company that primarily manufactures aluminium plates, strips, and foils. Longding Aluminum's daily production report shows that the company's double zero foils production...
World monthly alumina production recovered above 12 Mt in October 2023 but saw a 1% dip in daily output
According to the International Aluminium Institute survey, world alumina production in October 2023 stood at 12.25 million tonnes, reflecting a month-on-month rise of 2.17 per cent. The output recovered in October but could not reach the production volume of August. In August 2023, world alumina...
