Coal-heavy Australian aluminium vs renewables-led New Zealand: How Oceania is balancing decarbonisation
Oceania’s primary aluminium industry is facing a fragmented energy transition. While Australia, the leading aluminium producer of the continent, has abundant renewable resources and a well-established aluminium value chain, its smelters remain significantly more dependent on fossil-fuel-based...
Can the US afford to cut Canada off? 75% aluminium and $100b energy tell the story
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...
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India: Aluminium producers send ‘Mayday’ to Prime Minister’s Office over coal stock
On 28 th October 2021, the Indian aluminium producers sent an emergency call to the Prime Minister’s Office (PMO) for resumption of coal supply with immediate effect, stating dearth has shoved the domestic aluminium industry to the verge that might negatively impact some 5,000 MSMEs in the...
Global aluminium industry entails $1.5 trillion to decarbonise electricity for meeting UN climate goals
On 26 th October 2021, an international aluminium industry body stated that around $1.5 trillion of investment is necessitated to decarbonise power supplies used to produce aluminium, so the sector can initiate achieving the United Nations climate goals. During an online presentation, the only body...
India: Coal supply curb drags unrest in SMEs of aluminium supply chain
On 25 th October 2021, the group representing Indian organizations involved in the industrial production and consumption supply chain activities across the country, the Indian Industrial Value Chain Council (IIVCC) labelled that 5000 plus SMEs who are associated with the aluminium value chain are...
Primary Aluminium Weekly Recap: Indian aluminium producers consuming expensive power from grid due to coal shortage; A00 aluminium ingot price in China comes below RMB22,000/t
Coal shortage continues to be a matter of concern for the Indian aluminium industry this week. However, Indian state-run coal exploitation and refining company, Coal India Limited (CIL) has clarified that the supply dry foil fuel to the non-power sector like aluminium, steel, etc. has been...
China's energy crisis dents Press Metal’s margin, says Affin Hwang Capital
Affin Hwang Capital informed that China's energy crisis, which is projected to last until 2022, would result in some profit margin erosion in Press Metal Aluminium Holdings Bhd's earnings. According to Affin Hwang Capital, raw material supply, including alumina, carbon anode, magnesium, and silicon...
Indian aluminium producers consuming expensive power from grid, following the distress on coal supply
The Aluminium Association of India (AAI) on Tuesday, October 20, informed that India's aluminium makers are taking costlier electricity from the national grid, adding to pressure on utilities with limited coal stock, as state-run Coal India has curtailed supply. Due to a severe shortfall across the...
China’s aluminium production dips for the fifth month in row to 3.155 million tonnes in September 2021: NBS
According to the data released by the National Bureau of Statistics, China, the world’s top producer of aluminium, churned out 3.08 million tonnes of primary aluminium. That was down by 2.4 per cent from 3.155 million tonnes a month ago and 2.1 per cent year-on-year, marking the fifth consecutive...
Aluminium varieties price remains stable despite power rationing
The coup in Guinea, a country rich in bauxite, in early September sparked market fears about a shortage of raw materials. Due to the dual control of energy use and the steep rise in coal costs, coupled with power rationing measures, the domestic power supply is tightening. The most actively traded...
AAI’s plea continues to CIL for immediate coal supply
On 14th October 2021, the institution that caters for the needs of the Indian Aluminium Industry, the Aluminium Association of India (AAI) pleaded to the Indian government-owned coal mining and refining corporation, Coal India Limited (CIL) for prompt resumption of coal supplies for the domestic...
Energy crisis defers China Hongqiao's plan of aluminium capacity relocation to Yunnan
On 13th October 2021, the Chairman of the world's largest aluminium producer, China Hongqiao Group stated that the company is deferring the plan to reposition aluminium capacity to Yunnan province precisely for energy restrictions imposed by the provincial government. The Chinese aluminium giant,...
Rio Tinto remains serene while the energy crisis keeps local smelters afloat
Mining king Rio Tinto has signalled that they will be joining hands with the Queensland government to look for clean energy for their Boyne aluminium smelter, as Australian manufacturers are gaining a lot due to the crisis in global energy prices which is urging smelters in Europe and Asia to cut...
Primary aluminium production in China stands 3.72% lower M-o-M at 3.11 million tonnes in September 2021 (30 days)
Primary aluminium production in China dropped by 3.72 per cent month-on-month to 3.11 million tonnes in September 2021 (30 days). On a year-on-year calculation, the output fell marginally by 0.10 per cent, found the Shanghai Metals Market. Of this, liquid aluminium accounted for 64.6 per cent in...
Global power crisis spins aluminium prices to cross $3,000 per tonne
The high power-intensive produced metal aluminium escalated to new heights since 2008, as the global power distress plunges the metal supplies utilized for the manufacturing of beverage cans to world-class mobile phones. The metal aluminium consumes around 14-megawatt hours of power for one-tonne...
The Netherland’s only primary aluminium maker halting production from October 11 due to electricity prices
Aldel, a Dutch aluminium maker based in Delfzijl, is halting its primary aluminium production because of the current rise in electricity prices, which usually account for 40 per cent of the total aluminium production cost. The news came after the Dutch firm’s chief executive officer Chris McNamee...
Coal stockpiles for only one to two days, aluminium production to slash: FIMI
According to India’s apex industry body, the Federation of Indian Mineral Industries (FIMI), the drastic coal crisis in India has developed a situation like “swimming in a rough ocean” for the aluminium producers as the reserve of the fossil fuel sink to a scathing level. B.K. Bhatia, Additional...
Alba Chairman pays his first field visit to the Alba Power Station 3 & 5 control room
On 30 th September, Shaikh Daij Bin Salman Bin Daij Al Khalifa, the Chairman of Board of Directors at Aluminium Bahrain B.S.C. (Alba) went for a field visit to the Alba Power Station 3 and 5 control rooms. It was his first visit to the Alba Power Station 3 and 5 control room since the dawn of...
Slovakia’s only primary aluminium producer cuts output for electricity price surge; No update on layoffs
Slovalco, the only primary aluminium producer in Slovakia, is curbing production in reaction to the steep growth of electricity prices. Record price hikes of emission allowances and insufficient compensation from the states through the Environmental Fund are some of the other factors for the output...
South32 acquires additional stake in Mozambique-based Mozal Aluminium smelter
The mining and metals company headquartered in Perth, Western Australia, South32 Ltd. worked out its right to acquire an additional 25% stake in Mozambique-based Mozal Aluminium, a drive that will increase its annual output by 15% from the smelter. South32 acquired the additional stake in the...
