Hungary will raise the maximum fine for serious environmental violations by large manufacturers to 5 billion forints (USD 16 million) under new measures to strengthen environmental oversight across industries, including EV battery manufacturing, recycling, and decommissioning. The changes come as...
Germany and Italy have long been closely linked in Europe’s aluminium extrusion trade. Italy remains a significant source of extruded aluminium for the German market, but the flow has changed considerably over the past few years. The latest numbers raise an interesting question: is Germany simply...
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The days when premium car purchasers just considered speed, flair, and luxury are long gone. The origin, sustainability, and emissions profile of the materials used to build today's automobiles are topics of growing public concern. "Green is the new black" has become the industry catchphrase for...
Vishay Intertechnology, Inc., an American manufacturer of discrete semiconductors and passive electronic components, reportedly launched a new series of low impedance automotive grade miniature aluminium electrolytic capacitors last week. The new Vishay BC Components 172 RLX capacitors are...
Theodore Levitt once said: ‘Creativity is thinking up new things, innovation is doing new things.’ As it relates to the electrification process of industrial vehicles, it’s a bit of both. The task is the same whether the vehicle uses a conventional diesel engine or an electric one, so you need...
BorgWarner has declared recently that the company will supply a prime order of aluminium cooling plates used in battery making to a leading German automobile provider. This delivery of aluminium cooling plates would be done to the German carmaker's European and US manufacturing units, where they'll...
On February 7, 2023, the world's leading sustainable aluminium solutions provider and leader in aluminium rolling and recycling, Novelis , announced that it received the '2022 Supplier of the Year' award from Hyundai Motor Group at the auto maker's annual 'Partnership Day' held in South Korea on...
The use of giant aluminium die-casting machines, such as those made by Tesla supplier IDRA Group, can reduce manufacturing costs by up to 40 per cent by replacing around 60 welded components. Massive casting equipment, commonly called Gigapresses , was invented by Tesla to produce single, enormous...
The Austrian company Hammerer Aluminium Industries (HAI) and the Korean company LS Cable & System (LS C&S) have agreed to invest a combined 67.5 billion won ($53 million) in the creation of a joint venture that will begin producing battery cases and other EV components made of lightweight,...
The rising demand for large SUVs and pickup trucks has instigated General Motors' (GM) long-term decision to continue purchasing raw metal for their flagship cars' framework, like that of the Chevrolet Colorado and GMC Canyon. In 2021, GM claimed to have invested US$46.5 million to enhance its...
The Indonesian leader of coal-related operations, Adaro Energy, is toiling hard to collect enough funding for the actualisation of its US$2 billion aluminium project since environmentalists worldwide have started to accuse the firm and its partner, Hyundai of “greenwashing”. The Indonesian...
The recycled aluminium sector is the most prominent budding department in the industry. This week, Italy-based Inca Packaging vouched to introduce new packaging variables for 2023 using sustainable design ideas focusing mainly on recycled aluminium. The District Council of Oregon has charged Hydro...
This week, the end-user aluminium sector has seen extensive advancements, with Trimet and Nexans joining hands to develop a recycled aluminium feedstock to create sustainable electrical wires. Amcor, a packaging firm hailing from Australia, has opened a new high-tech flexible packaging plant in...
The Swedish electric performance car company, Polestar, has signed up with Stena Aluminium for the Polestar 0 project, which aims to create a genuinely climate-neutral car by 2030. Stena Aluminium in Älmhult, Sweden, is the leading aluminium producer using recycled raw materials. However, other...
Polestar 0 is a project that aims to create a genuinely climate-neutral car by 2030. Gränges will contribute to the research and development of circular and low-climate impact aluminium materials and processes through its expertise in rolled aluminium. Jörgen Rosengren, the CEO of Gränges, said,...
This week, POSCO Chemical Company has intertwined in a ten-year supply agreement for essential materials required in Electric Vehicles (EV) battery cells with local battery producer Samsung SDI, as was reported by South Korean sources. POSCO Chemicals, a subsidiary of steel and chemicals firm Posco...
As the transition to vehicle electrification and renewable energy sources accelerates, Geomega Resources Inc., the proponent of the first sustainable rare earth recycling facility in the world to help meet rising global magnet demand, has announced that it has secured a $3 million grant from the...
To suffice Europe’s growing demand for battery components, Gränges has planned a SEK 600 million investment over two years to double its battery cathode foil production capacity in Finspång, Sweden, which will be active by 2025. General Motors (G.M) allotted US$55 million from the major US$918...
As the European Union developed its Green Deal industrial plan, European Commissioner Thierry Breton encouraged European bankers to provide finance to producers of minerals essential for the energy transition. On March 8, the EU will introduce its Critical Raw Materials Act, ensuring that the bloc...
Gränges plans to invest SEK 600 million over two years to double its battery cathode foil production capacity in Finspång, Sweden, to meet Europe's growing demand for battery components. The new capacity is expected to be operational in 2025. Jörgen Rosengren, the CEO of Gränges, said, “Gränges...
