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World primary aluminium production in Aug’22 shows restrained M-o-M but grows 3.5% Y-o-Y to total 5.888 Mt
21 SEPT 20222MINS

World primary aluminium production in Aug’22 shows restrained M-o-M but grows 3.5% Y-o-Y to total 5.888 Mt

According to the data released by the International Aluminium Institute, world primary aluminium production stood muted at 5.888 million tonnes in August 2022 compared to 5.878 million tonnes a month ago. But the output in July reflected a hike of 3.78 per cent month-on-month from 5.664 million...

Asyad Group inaugurates 24m long aluminium ship assembled at Asyad Drydock
20 SEPT 20223MINS

Asyad Group inaugurates 24m long aluminium ship assembled at Asyad Drydock

Asyad Group, a logistic solutions provider from Oman has notified about the successful development of the second ship built at Asyad Drydock which has locations very close to the commercial port of Duqm. Operational, the 24 meters long boat, MEFK Pearl will run through the Port of Fujairah. Asyad...

Turkey's VIG Metal Aluminium division marks 10 years of production
20 SEPT 20222MINS

Turkey's VIG Metal Aluminium division marks 10 years of production

Vig Metal, which completed 10 years in 2022, increased its production capacity to 40,000 tonnes thanks to new investments, including annealing furnaces, a casting line with a production width of 1500 mm, and a new, high-tech cut-to-length line with a production width of 2000 mm. Since 2012, Vig...

Russia-Ukraine's geopolitical crisis may enhance Egyptalum's financial performance
15 SEPT 20221MINS

Russia-Ukraine's geopolitical crisis may enhance Egyptalum's financial performance

The largest aluminium producer in Egypt and one of the largest in Africa, Egyptalum expects strong business results in the coming period, taking advantage of several factors, whether on the global or local scene. Several factors are expected to contribute to Egyptalum's business results, whether...

Emirates Global Aluminium welcomes the Chinese Ambassador to Jebel Ali site
13 SEPT 20222MINS

Emirates Global Aluminium welcomes the Chinese Ambassador to Jebel Ali site

EGA, the largest industrial company in the United Arab Emirates, excluding the oil and gas sector, honoured the arrival of the Ambassador of the People's Republic of China, Zhang Yiming, to the company's Jebel Ali site in Dubai, UAE. The Managing Director of EGA, Abdulla Jassem Kalban, hosted the...

Romco Metals to expand output leaning towards green hydrogen production
13 SEPT 20222MINS

Romco Metals to expand output leaning towards green hydrogen production

Romco Metals has decided to raise US$50 million in debt and equity to enhance its output by more than five times to 100,000 tonnes annually, as was mentioned by the CEO of the company. Romco recycles scrap aluminium in Nigeria and Ghana and has advanced on a project that will generate green...

Saudi Arabia’s Public Investment Fund chips in US$200 million to increase Egyptalum’s capital
12 SEPT 20222MINS

Saudi Arabia’s Public Investment Fund chips in US$200 million to increase Egyptalum’s capital

Egyptalum has plotted to outsource 65 per cent of its restoration cost, valued at US$200 million, from Saudi Arabia’s Public Investment Fund (PIF). Out of the total US$300 million, the above initial investment will help the factory to stand on its own feet, producing gladly for the upcoming 20...

Bahrain to reorganize the board of sovereign wealth fund Mumtalakat Holding
05 SEPT 20221MINS

Bahrain to reorganize the board of sovereign wealth fund Mumtalakat Holding

According to our report from the Gulf region, the Crown Prince and Prime Minister of Bahrain Salman bin Hamad Al-Khalifa, has issued an order to restructure the board of sovereign wealth fund Mumtalakat Holding with Finance Minister Salman bin Khalifa Al-Khalifa as its chairman. Mumtalakat reported...

Primary aluminium production reflects a 27% rise in the first four months of the Iranian fiscal year: IMIDRO
04 SEPT 20221MINS

Primary aluminium production reflects a 27% rise in the first four months of the Iranian fiscal year: IMIDRO

IMIDRO reported that its subsidiaries had produced 222,053 tonnes of primary aluminium in the current fiscal year's first four months (March 21-July 22) to register a 27% increase in production compared with the same phase of the previous fiscal year. The Iranian Mines & Mining Industries...

Alba marks a historic milestone; 30 million safe working hours without LTI achieved for the first time
02 SEPT 20221MINS

Alba marks a historic milestone; 30 million safe working hours without LTI achieved for the first time

On September 1, 2022, Aluminium Bahrain B.S.C. (Alba) emerged as the first smelter in the region to achieve a historic milestone of 30 Million Safe Working Hours without Lost Time Injury (LTI). This is the best milestone in Safety achieved to date, and it reflects Alba’s commitments and efforts...

Sohar Aluminium inks power service contract with GE Gas for 10 years
29 AUG 20222MINS

Sohar Aluminium inks power service contract with GE Gas for 10 years

Four GT13E2 gas turbines and four generators placed at Sohar Aluminium's facility in the Sultanate of Oman will get repairs, maintenance, and components for ten years thanks to a services agreement inked with GE Gas Power (NYSE: GE). For the duration of the deal, GE Digital will also supply its...

World alumina production in July’22 edges 3.56% higher on month to 12.152 Mt, with a marginal increase in daily output
28 AUG 20222MINS

World alumina production in July’22 edges 3.56% higher on month to 12.152 Mt, with a marginal increase in daily output

In July 2022, world alumina production totalled 12.152 million tonnes, registering a month-on-month rise of 3.56 per cent, found the International Aluminium Institute. The output in June stood at 11.734 million tonnes, down by 2.69 per cent from 12.058 million tonnes in May. On a year-on-year...

Africa’s July primary aluminium production rebounds to 139,000 tonnes, with daily average output growing 2% M-o-M
25 AUG 20222MINS

Africa’s July primary aluminium production rebounds to 139,000 tonnes, with daily average output growing 2% M-o-M

Along with the month-on-month hike in the world primary aluminium production during July 2022, output in Africa has recorded an increase of 4,000 tonnes or 2.96 per cent to bounce back at 139,000 tonnes in the said month. According to the International Aluminium Institute, Africa’s primary...

World primary aluminium production in July’22 gains 2.06% on year in spite of global energy crunch
23 AUG 20222MINS

World primary aluminium production in July’22 gains 2.06% on year in spite of global energy crunch

According to the International Aluminium Institute data, world primary aluminium production in July 2022 rose by 176,000 tonnes or 3.10 per cent month-on-month. From 5.672 million tonnes in June 2022, the world output escalated to 5.848 million tonnes in July. The average daily output in June 2022...

Unwrought aluminium alloy ranks as the most exported commodity from Bahrain in July '22
23 AUG 20222MINS

Unwrought aluminium alloy ranks as the most exported commodity from Bahrain in July '22

Information & eGovernment Authority reported that in July 2022, Bahrain's exports of goods and services of domestic production surged by 29 per cent to BD421 million ($1.17 billion) from BD327 million recorded same month a year ago. Unwrought aluminium alloy, worth BD162 million, was the most...

ASI certifies Mozal’s Maputo aluminium smelter against Performance Standard Certification
16 AUG 20222MINS

ASI certifies Mozal’s Maputo aluminium smelter against Performance Standard Certification

Mozal SA, a primary aluminium smelter, has bagged the Aluminium Stewardship Initiative Performance Standard Certification with Provisional status for its smelting operation and related port facilities at Maputo. The smelter, located just outside the capital Maputo, a major industrial place in...

Alba announces 127% jump in net profit for 1H2022 despite flat sales volume, thanks to higher LME prices
12 AUG 20223MINS

Alba announces 127% jump in net profit for 1H2022 despite flat sales volume, thanks to higher LME prices

Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter outside China, announced its Q2 and H1 2022 fiscal results on Thursday, August 11, reporting a 97 per cent surge in net profit to BD181.9 million versus BD92.7 million during the corresponding period of the previous year. Gross...

Aluminium ladders support the canopy walkway at Kakum National Park, Ghana
07 AUG 20222MINS

Aluminium ladders support the canopy walkway at Kakum National Park, Ghana

One of Ghana's most visited natural attractions is the Kakum National Park, located in the Central Region. Approximately 33 kilometres from Cape Coast, the capital of the region. This national park covers an area of 145 square miles (375 square kilometres). It was named after the Kakum River, which...