The European Union (EU) is preparing a broader restriction on aluminium scrap exports to non-Organisation for Economic Co-operation and Development (OECD) countries, replacing an earlier trade proposal that would have covered only part of the bloc’s scrap flows. The move could largely impact...
As smartphones, laptops, televisions, electric vehicles, and household appliances become an integral part of modern life, electronic waste (e-waste) is emerging as one of the world's fastest-growing waste streams. Yet, every discarded electronic device contains more than just obsolete technology—it...
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As part of the United States administration's effort to exempt aluminium and steel exports from the carbon border levy (CBAM), a broader metal accord may be complicated by the allies imposing tariffs and retaliatory measures on each other's goods that could result in billions of dollars in tariffs...
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...
Sustainable water brand Open Water has declared its collaboration with the Academy of Motion Picture Arts and Sciences to provide water in aluminium bottles or cans during the Oscar Awards on March 12. This action is to decrease the amount of one-time-used plastic bottles in a social event, which...
The EU-funded HyInHeat project explores the possibility of utilizing hydrogen as a fuel source in the aluminium and steel sectors. With a budget of €24 million, the project intends to incorporate hydrogen into the high-temperature heating processes of energy-intensive sectors, with €17.7 million...
Vedanta Aluminium has attained the second position in world ranking according to the S&P Dow Jones Sustainability Index (DJSI) for the aluminium industry (FY2021-22). Hydro spearheads the call for sanction against Russian aluminium under provisions laid by the EU’s Critical Raw Materials Act. The...
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...
The year 2022 has been highly active for the global aluminium industry, and the sector also experienced some significant developments in the year's final month. Indonesia finally announced the long-awaited ban on bauxite export, which will take effect in June 2023. Exports of other unprocessed...
The Minister of Industry and Trade of the Russian Federation, Denis Manturov, stated that due to sanctions put in place by the EU and US, Russia would reroute its metal exports from Western nations to alternate markets. The minister identified China, Turkey, Southeast Asia, Russia-led Eurasian...
The professed carbon border adjustment mechanism (CBAM) will safeguard the European industry from importing less expensive, more polluting goods by impersonating the domestic carbon pricing in the European Union. However, it will start with aluminium imports, among others like iron and steel,...
According to a report published by Metal Packaging Europe and European Aluminium, the recycling rate of aluminium beverage cans in the European Union, United Kingdom, Switzerland, Norway, and Iceland stood robust at 73 per cent in 2020. The total volume of aluminium recycled from cans was 510,000...
The World Trade Organization (WTO) ruled on Friday that the 2018 tariffs placed on foreign aluminium and steel by then-President Donald Trump were unjustified, which was unaccepted by the Biden administration. The Biden administration took action to avoid the tariffs, but it disagreed with the...
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. This week the segment witnessed limited but significant events. Gestamp, a Spanish producer of automotive components, had acquired one-third of Gescrap, a company that...
This week the primary aluminium sector faced major market-related ups and down, with Rusal chief executive Evgenii Nikitin warning the deputy prime minister of Ireland, Leo Varadkar, on the boycott of Russian aluminium and its harrowing effects on the EU’s national economy. On December 5, the...
A World Trade Organization (WTO) panel has ruled in favour of Norway against the United States in a dispute Norway brought over U.S. import duties imposed on aluminium and steel in 2018. Former U.S. President Donald Trump issued a memorandum setting responsibilities in March 2018. It exempted the...
The European Union's politically independent executive arm, the European Commission, is planning to bring a proposal for a ban on new investments in Russia's mining sector as part of a new package of sanctions for the Russia-Ukraine geopolitical crisis. In accordance with our source, the...
In an effort to reduce carbon emissions and global overcapacity, both United States and the European Union (EU) are considering imposing fresh tariffs on Chinese aluminium and steel. The move will be a novel approach as both nations will use tariffs to fight carbon emissions and global...
Aluminium's availability and mechanical characteristics have made it an increasingly popular metal. Primary processes, however, involve very high transformation costs, especially regarding energy. As a result, recycling has gained ground from an environmental and economic standpoint. Anthony...
On November 28, the International Aluminium Institute (IAI) declared that MYTILINEOS has been successfully registered as one of its members. Established in 1972, the IAI brings together global bauxite, alumina and aluminium companies in all the major producing regions under one roof by providing...
