The US aluminium industry’s dependence on Canada extends far beyond primary aluminium imports. While Canada supplies around 75 per cent of US imported primary aluminium, covering roughly 60 per cent of the country’s annual aluminium usage, it is also a major supplier of crude oil, natural gas and...
Voya Energy has unveiled an aluminium-based power system that converts low-grade aluminium scrap into electricity through a low-temperature electrochemical process, offering a potential new route for aluminium recycling, energy storage and off-grid power generation. The Hayward, California-based...
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Gulf Aluminium Rolling Mill (GARMCO), a counterpart of Bahrain Mumtalakat Holding Company, has invested US$24.5 million to expand its development project for a technologically advanced production line for aluminium coils. GARMCO kept the project’s course aligned with the decisions taken by its...
The Paris Agreement is a landmark in the multilateral climate change process because, for the first time, a binding agreement brings all nations together to combat climate change and adapt to its effects, as stated by UNFCCC. The main objective of the Paris Agreement is to enhance the international...
After being declared bankrupt, Alu Ibérica LC S.L., located in the Galicia region of Spain, arranged for a €1.2 million loan from the European Globalisation Adjustment Fund for Displaced Workers (EGF) to fund new jobs for 303 of its ex-employees. On March 16, the European Commission joined in to...
Glencore Plc is prepared to back out of a $16 billion agreement to purchase aluminium from Rusal, Russia's top producer, to separate itself from one of its main competitors. As per Gary Nagle, CEO of Glencore, the firm won't extend a contract with Rusal International when it expires next year...
With the purchase of a 12 per cent share in Lithium de France, Hydro Batteries expands strategically into environmentally friendly battery components. Arverne Group and Equinor Ventures are other Lithium de France investors. Lithium de France is developing technology and processes to create lithium...
Altech Batteries has collected A$5.12 million as a portion of the two deferred instalment payments from Altech Advanced Material (AAM) for buying out 25 per cent of its tertiary firm, Altech Industries Germany GmbH (AIG). The last instalment has been scheduled for the month of December 2023,...
The Industrial Demonstration Program, funded by President Biden's Bipartisan Infrastructure Law and Inflation Reduction Act, will concentrate on the industries with the highest emissions where decarbonization technologies will have the biggest impact, such as aluminium, cement and concrete, iron...
Germany's Speira, a leading global recycler and manufacturer of advanced aluminium rolled products, announced on Thursday, March 9, that it would shut its smelting operations at the Rheinwerk plant due to high energy prices. The news came after the company said in an official statement, "Speira...
The Industrial Demonstration Program, which is funded by President Biden's Bipartisan Infrastructure Law and Inflation Reduction Act, will concentrate on the industries with the highest emissions where decarbonization technologies will have the biggest impact, such as aluminium, cement and...
The Slovenian aluminium company Talum will shut down its remaining aluminium electrolytic furnaces in April. Talum plans to shut down its remaining aluminium electrolytic furnaces in April after nearly 60 years of producing primary aluminium. The Kidričevo-based company has recently switched to...
The global aluminium industry in February 2023 witnessed some important announcements. The Russia-Ukraine geopolitical crisis marked one year in February 2023, which resulted in the White House pushing the Russian economy with new sanctions. The United States imposed a 200 per cent tariff on...
The high-quality aluminium extrusion company and leading professional extrusion manufacturer in China, Fonnov Aluminium, has introduced a new product to its fleet of customized aluminium extrusion products designed to increase the proficiency of hydrogen fuel vehicles. Since its debut in 2015,...
Rio Tinto has warned the world is struggling to build enough renewable energy to replace fossil fuels, and at the speed needed, to hit aggressive emissions targets, as the miner confronts the challenge of sourcing cleaner power for its Australian aluminium smelters. Rio Tinto is one of the most...
This week started with the news of a fresh round of power restrictions implemented in China's Yunnan province. To stabilise the electrical supply, the Yunnan province of China directed the aluminium smelters in the area to adopt another round of output limitations. Since September, several of...
Emirates Global Aluminium welcomed His Highness Mohamed Ibrahim Al Hammadi at the Al Taweelah facility in Abu Dhabi. He is the Managing Director and Chief Executive Officer of Emirates Nuclear Energy Company (ENEC), Emirates Nuclear Energy Corporation is responsible for deploying and owning nuclear...
China's Yunnan province has ordered the aluminium smelters in the region to implement another round of production restrictions to stabilise the electricity supply. The protracted drought and low reservoir levels have caused problems for the province's hydroelectric grid. However, On February 19,...
On February 14, 2023, a top executive of the Norwegian aluminium giant stated during a discussion with international media that Hydro wouldn't increase production merely due to a decline in power costs. The company will ramp up when it feels comfortable and see that demand is more robust than...
AMAG Austria Metal AG, the biggest company in the Austrian Aluminium Industry sector, has achieved a record annual result for 2022, exceeding the previous year’s mark. The company’s 2022 revenue superseded the former year’s EUR 1,259.4 million by registering a growth of 37.1 per cent. In 2022, AMAG...
