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EU faces pressure from auto hubs over looming emissions fines
23 DEC 20243MINS

EU faces pressure from auto hubs over looming emissions fines

The leaders of Europe’s key auto manufacturing nations—Germany, Italy, and the Czech Republic—have urged Brussels to reconsider imposing financial penalties on automakers failing to meet EU emissions targets starting in 2025. Speaking after an EU leaders’ summit, German Chancellor Olaf Scholz...

Upstream aluminium recap: EU seeks stricter sanctions on Russia; Japan’s Q1 shipment premiums remain high after negotiations
21 DEC 20244MINS

Upstream aluminium recap: EU seeks stricter sanctions on Russia; Japan’s Q1 shipment premiums remain high after negotiations

The primary aluminium sector in the upstream industry particularly captured significant attention this week with intriguing news and updates that may lead to a change in decision-making regarding metal buying and selling, investments in projects, and export or import commodities. In case you have...

European aluminium industry: Leaders speak about shifting towards sustainability with innovative technical approach
20 DEC 20243MINS

European aluminium industry: Leaders speak about shifting towards sustainability with innovative technical approach

The European aluminium industry is undergoing a significant transformation as sustainability becomes a top priority. With the need to reduce carbon emissions and use recyclable materials, aluminium is increasingly being used in various industrial sectors. In dedicated interviews published in our...

Hydro strengthens Husnes operations with NOK 200 million sow casting line investment
19 DEC 20242MINS

Hydro strengthens Husnes operations with NOK 200 million sow casting line investment

Aluminium and renewable energy company Hydro has announced a lump sum investment of NOK 200 million (US$17.66 million) to establish a new sow casting line at its Husnes site. This initiative aims to enhance the flexibility of the primary aluminium casthouse and is an essential part of Hydro's...

Gränges ascends to Nasdaq Nordic Large Cap, reflecting market growth
19 DEC 20242MINS

Gränges ascends to Nasdaq Nordic Large Cap, reflecting market growth

The global leader in aluminium rolling and recycling in selected niches, Gränges, is set to join Nasdaq’s Large Cap segment following the Nordic market capitalisation review, effective January 2, 2025. Since its listing on Nasdaq Stockholm in October 2014, Gränges's market capitalisation has soared...

No public funds needed: Stellantis maps out Italian production growth plan
18 DEC 20244MINS

No public funds needed: Stellantis maps out Italian production growth plan

On December 17, Stellantis unveiled a comprehensive plan to rejuvenate its production operations in Italy, as reported by Reuters. The announcement was made during a meeting with Industry Minister Adolfo Urso, alongside representatives from suppliers and trade unions. This initiative marks a...

ASI certifies Nemak facilities for sustainably producing aluminium automotive components
18 DEC 20241MINS

ASI certifies Nemak facilities for sustainably producing aluminium automotive components

Aluminium Stewardship Initiative has recognised Nemak S.A.B de C.V, a global automotive parts manufacturing company, with its Chain of Custody (Coc) Standard V2 (2022) Certification. The recognition is for aluminium component production for the automotive industry at Nemak Poland SP. Z O.O. and...

Romet strengthens position in Europe's bicycle sector with in-house aluminium frame production
17 DEC 20242MINS

Romet strengthens position in Europe's bicycle sector with in-house aluminium frame production

Romet's integrated facility for aluminium frame production, painting, and assembly gives it a unique edge in Europe's bicycle manufacturing sector. Five years after launch, the factory operates at full capacity, offering logistical advantages over competitors importing frames from Asia. Despite...

Initiation of the process for a primary listing of METLEN Energy & Metals on the London Stock Exchange
17 DEC 20242MINS

Initiation of the process for a primary listing of METLEN Energy & Metals on the London Stock Exchange

METLEN Energy & Metals SA ("METLEN") (ATHX: MYTIL) (formerly MYTILINEOS), a leading global industrial and energy group, announces that a draft listing prospectus in connection with the listing of the shares of a newly UK-established company, METLEN Energy & Metals Limited (“METLEN Limited”), has...

Ten EU states call for broader sanctions on Russian aluminium after 15th sanctions package approval on Dec. 16
17 DEC 20242MINS

Ten EU states call for broader sanctions on Russian aluminium after 15th sanctions package approval on Dec. 16

According to a recent report, ten European Union member states have jointly appealed for stricter sanctions on Russian metals, including aluminium. The demand is led by Poland, who will assume the rotating presidency of the European Union Council from January 2025. Poland joins the Baltic States,...

DTE appoints finance heavyweight Auður Árnadóttir as new CFO
11 DEC 20243MINS

DTE appoints finance heavyweight Auður Árnadóttir as new CFO

DTE, Iceland’s groundbreaking metals analysis innovator, announces the appointment of Auður Árnadóttir as its Chief Financial Officer (CFO). With a proven track record of guiding startups through complex growth phases, Auður brings a wealth of expertise in financial strategy, operational efficiency...

Pressure mounts on EU to ease CO2 cuts for car industry survival
11 DEC 20244MINS

Pressure mounts on EU to ease CO2 cuts for car industry survival

The European People’s Party (EPP), the largest political group in the European Parliament, is spearheading efforts to dilute the EU’s key policies aimed at reducing CO 2 emissions from cars, according to a draft position paper reviewed and reported by Reuters. This push by the centre-right party...

Sustainability-linked financing: Gränges reaffirms 'Green Commitment'
09 DEC 20242MINS

Sustainability-linked financing: Gränges reaffirms 'Green Commitment'

Gränges, a global leader in aluminium rolling and recycling in selected niches, has successfully refinanced a sustainability-linked credit facility to bolster its sustainability initiatives. Arranged by Danske Bank, Nordea, SEB, and Citibank, the agreement comprises a SEK 3,000 million revolving...

Rio Tinto's strategic leap: Bringing AP60 technology to new aluminium ventures
09 DEC 20242MINS

Rio Tinto's strategic leap: Bringing AP60 technology to new aluminium ventures

The global mining and metal giant Rio Tinto has entered a strategic partnership with Swedish investment firm Vargas, global integrated business enterprise Mitsubishi Corporation, and a consortium of local and international industry partners to explore a low-carbon aluminium greenfield opportunity...

German industrial sector shows no recovery signs, Q4 at risk: ING
06 DEC 20243MINS

German industrial sector shows no recovery signs, Q4 at risk: ING

Germany's industrial downturn persisted in October, with production declining further, as reported by ING. Industrial output dropped by 1 per cent month-on-month, following a steeper 2.5 per cent contraction in September. Production has fallen nearly 5 per cent compared to last year's period. This...

Anglesey's economic revival guaranteed with revelation of £578M plan with 1,200 job prospect
05 DEC 20243MINS

Anglesey's economic revival guaranteed with revelation of £578M plan with 1,200 job prospect

The old Anglesey aluminium plant at Holyhead is all set to get revamped into a low-carbon campus, and it is calling for 1200 new job openings in the near future. Stena Line, which announced the purchase of the former Anglesey Aluminium site in September 2022, have had the intention to use the site...

Fortum partners with Rio Tinto, Vargas, & others to drive low-carbon aluminium innovation in Finland
04 DEC 20242MINS

Fortum partners with Rio Tinto, Vargas, & others to drive low-carbon aluminium innovation in Finland

Fortum, leveraging decades of expertise in the Nordic energy market, will support a feasibility study aimed at exploring low-carbon aluminium manufacturing opportunities in Kokkola and Kronoby, Finland. Fortum will focus on developing long-term hedging strategies as the energy partner and ensuring...

AL Circle launches its 28th e-Magazine, "Aluminium Industry: Focus Europe"
28 NOV 20243MINS

AL Circle launches its 28th e-Magazine, "Aluminium Industry: Focus Europe"

AL Circle, the leading global digital platform for the aluminium value chain, is thrilled to announce the launch of the 28th edition of its highly anticipated e-Magazine, " Aluminium Industry: Focus Europe ." This latest issue is dedicated to exploring the evolving landscape of the European...